In a significant portfolio shift, Dan Sundheim's D1 Capital has completely sold off its stake in Live Nation Entertainment. According to quarterly disclosures, the firm disposed of its entire holding of 674,320 shares, which were valued at approximately $102.84 million.
This move comes as the entertainment giant posted record attendance and revenue in the second quarter of 2026. Investors should be aware that 13F filings are submitted to the SEC with a delay, so these trades occurred between March 31 and June 30, 2026. The sale preceded the public filing date of August 14, 2026. During the first half of the year, Live Nation also reached a settlement in an antitrust case with the US Department of Justice.