Through May 2022, the hedge fund managed by D1 Capital Partners’ billionaire founder lost 23% of its value. The decline outperformed the S&P 500 Index’s 13 percent losses in the first five months of 2022. These private assets’ valuations fell more precipitously than the drastically discounted tech stocks this year. In the first quarter of 2022, Daniel Sundheim’s D1 Capital will sell its high-growth tech brands. He mostly invests in the information technology, consumer goods, and healthcare industries.
Insider Monkey looked at the top 10 stock picks of billionaire Daniel Sundheim’s D1 Capital Partners. Furniture, lighting, textiles, bathware, home furnishings, and garden accessories are among the items offered by RH. Daniel Sundheim’s hedge fund held 953,551 shares of the firm in the first quarter of 2022, valued at approximately $311 million. Hilton Worldwide Holdings Inc. announced a $0.15 per share quarterly cash dividend. The business owns, builds, and franchises resorts and hotels. The stock has a Hold rating from Wall Street analysts, and their average price objective is $150.88. Procore Technologies, Inc. has a consensus Buy recommendation from Wall Street analysts, with an average price target of $76.10. 6.3 million shares of PCOR worth $366.6 million are held by Daniel Sundheim’s D1 Capital. The headquarters of T-Mobile US, Inc., which was established in 1994, are located in Bellevue, Washington. D1 Capital Partners, a company owned by Daniel Sundheim, held 3.3 million shares worth $427.8 million. In the United States, Puerto Rico, and the Virgin Islands, the corporation provides mobile communications services. For more details, click Top 10 Stock Picks Of Billionaire Daniel Sundheim’s D1 Capital Partners.
