Dan Sundheim's D1 Capital sold its entire position in software company Autodesk (ADSK) during the second quarter of 2026. The major investment firm liquidated 308,910 shares, a stake valued at approximately $73.95 million. This exit follows a period where D1 Capital had initiated a significant new position in the design software firm in the fourth quarter of 2025. During the second quarter of 2026, Autodesk reported strong financial results, beating revenue and earnings expectations and raising its full-year outlook.
This portfolio change was disclosed in an SEC 13F filing on August 14, 2026, which details the firm's holdings as of June 30, 2026. These filings offer a delayed look at a fund's positions, meaning the trades occurred at an undisclosed time in the three months prior. D1 Capital, which manages tens of billions in assets, focuses on medium to long-term returns in sectors including technology and software. No specific reason for the sale of the Autodesk stake has been publicly disclosed by the firm.