Published on 27 Nov 2021 on Insider Monkey via Yahoo Finance
Top 10 Stock Picks of Billionaire Daniel Sundheim
In this article, we discuss the top 10 stock picks of billionaire Daniel Sundheim. If you want to skip our detailed analysis of Sundheim’s history, investment philosophy, and hedge fund performance, go directly to the Top 5 Stock Picks of Billionaire Daniel Sundheim.
Billionaire investor Daniel Sundheim founded D1 Capital Partners in 2018. His Q3 2021 portfolio is valued at almost $18 billion. He serves as the chief investment officer at D1 Capital Partners, and prior to that, he was associated with Viking Global for 15 years as the chief investment officer. Viking Global CEO, Andreas Halvorsen, has praised Sundheim’s innate knack for selecting top stocks, saying that Sundheim is in a league of his own as a portfolio manager.
During the initial waves caused by the COVID-19 pandemic, Sundheim’s hedge fund gained from the market volatility. However, in January 2021, prominent portfolio managers including Daniel Sundheim, Steve Cohen, Ken Griffin, and Gabriel Plotkin were trumped by Redditors, who invested actively in GameStop Corp. (NYSE:GME), whereas these portfolio managers heavily shorted the stock. As a result, D1 Capital Partners lost $4 billion, and the fund’s performance fell sharply by 20% in a single month.