Dan Sundheim's D1 Capital has sold its entire position in NVIDIA, according to a recent SEC filing. The firm disposed of all 1.57 million shares, a stake previously valued at approximately $273.60 million. This move is a notable reversal from the first quarter of 2026, when the fund had reportedly increased its holdings in the chipmaker.
This disclosure, mandated by 13F filings, reflects trades made during the second quarter of 2026 and was made public on August 14. The exit came during a period where NVIDIA reported record revenue and earnings, driven by sustained high demand for its AI chips. No official comments from D1 Capital explaining the motive behind this significant trade have been made public.