Hedge fund D1 Capital started new positions in some stocks tethered to artificial intelligence during the third quarter, a new securities filing shows. According to the filing, Daniel Sundheim's fund bought shares of key technology names that have carried the bull market to new heights in recent months, namely "Magnificent Seven" members Nvidia and Meta Platforms . The fund also began a stake in software stocks Broadcom and Synopsys . While none of the four were among the fund's top 10 equity positions, Broadcom was ranked the highest out of them in the fund at more than $220 million, per data from InsiderScore. Meta was closely behind that at more than $199 million, followed by Nvidia and Synopsys at $115 million and more than $77 million, respectively. The AI trade has been experiencing
Dan Sundheim’s D1 Capital buys AI-linked names in third quarter
CNBC Investing1 hrs ago
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