Hedge Fund · CIK 0001747057

Dan Sundheim

D1 Capital
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Dan Sundheim runs D1 Capital, a hedge fund overseeing $10.70B in disclosed equity holdings (SEC CIK 0001747057). The latest portfolio (2025Q4) discloses 42 positions across 10 sectors, with the largest positions in CART, CLH and FLS. On a mark-to-market basis the tracked portfolio has returned 27.7% over the past year. OpenStocks tracks 29 consecutive quarterly snapshots for this manager — every position change, new entry, and exit is logged below.

Portfolio
$10.70B
Positions
42
Quarter
2025Q4
Filings tracked
29
1Y+27.7%3Y+113.5%5Y+19.4%10Y+232.1%Full performance →
1-YearTWR
+27.72%
since 2024Q4
3-YearTWR
+113.47%
since 2022Q4
5-YearTWR
+19.36%
since 2020Q4
10-Yearbacktest
+232.10%
since 2016-04-20

Methodology: TWR tiles chain-link quarterly mark-to-market across consecutive filings (GIPS-compliant) · actual tiles use a real 13F snapshot marked to today · backtest tiles re-price the current book to historical prices.

Performance overview

We mark Dan Sundheim (D1 Capital)'s disclosed portfolio to current market prices and compare its growth against the S&P 500 (SPY). Dan's portfolio is 27.7% over the last 12 months · 94.9% since 2018Q4.

Portfolio growth vs SPY
Rebased to 100 at 2021Q2 · through 2025Q4
Dan Sundheim
+10.8%
SPY
+69.5%
Alpha
-58.7pp
40751101451802021Q22023Q32025Q4
Portfolio line is the GIPS-compliant time-weighted return chain-linked across the manager's quarterly 13F filings — unaffected by capital flows. Quarters with insufficient held-through coverage are skipped, which can briefly flatten the line.
Capital flow per quarter
BuysSellsNet
+$6.82B+$3.41B$0-$3.41B-$6.82B'22Q1'22Q2'22Q3'22Q4'23Q1'23Q2'23Q3'23Q4'24Q1'24Q2'24Q3'24Q4'25Q1'25Q2'25Q3'25Q4
Latest · 2025Q4
+$1.69B
Lifetime buys
$32.73B
Lifetime sells
$37.08B
Portfolio over time
AUMPositions
$0$3.53B$7.06B$10.70B4224'22Q1'23Q4'25Q4
QoQ AUM
+22.9%
16Q lifetime AUM
+26.0%
QoQ positions
+4
16Q lifetime positions
+17
Position concentration
42 positions
Top 1
9%
of book