Jump to content
  • Sign Up
×
×
  • Create New...

Recommended Posts

  • Diamond Member

This is the hidden content, please

Sundheim’s D1 Capital adds new stakes in GE Healthcare, Bank of America

Hedge Fund investor Daniel Sundheim trimmed many of his top positions in the third quarter, but added some new stakes in blue-chip companies, according to securities filings. Sundheim’s D1 Capital added positions in GE Healthcare Technologies and Bank of America during the third quarter, a filing Thursday showed. Both stocks are now among the fund’s 10 largest positions. The filing shows D1’s positions as of the end of September, and it is not known if the portfolio has since changed. As of Thursday afternoon, shares of Bank of America are up 16% in the fourth quarter. Outside of those new positions and buying more shares of XPO Logistics , D1 Capital was mostly selling its top holdings. The hedge fund sold 22% of its biggest holding, Instacart , and 46% of its stake in ********** maker Philip Morris . D1 also closed out several large holdings in GE Vernova , Pfizer and Nu Holdings , among others. Smaller new positions included Meta Platforms , which it had previously sold during the second quarter, and Starbucks . Sundheim, a veteran of Viking Global Investors, started D1 Capital in 2017. He is also a board member at Instacart. D1 Capital managed about $19 billion as of the end of last year. Quarterly hedge fund filings show only positions in U.S.-traded equities and select derivatives. The extent of other holdings for D1 Capital is unclear.



This is the hidden content, please

#Sundheims #Capital #adds #stakes #Healthcare #Bank #America

This is the hidden content, please

This is the hidden content, please

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
  • Vote for the server

    To vote for this server you must login.

    Jim Carrey Flirting GIF

  • Recently Browsing   0 members

    • No registered users viewing this page.

Important Information

Privacy Notice: We utilize cookies to optimize your browsing experience and analyze website traffic. By consenting, you acknowledge and agree to our Cookie Policy, ensuring your privacy preferences are respected.