Billionaire Daniel Sundheim’s D1 Capital Portfolio: Top 5 Stock Picks

4. Amazon.com, Inc. (NASDAQ:AMZN)

D1 Capital’s Stake Value: $646,882,000

Percentage of D1 Capital’s 13F Portfolio: 7.61%

Number of Hedge Fund Holders: 271

Amazon.com, Inc. (NASDAQ:AMZN) is one of the most influential technology firms in the world. On July 15, after the company posted strong Prime Day sales, Morgan Stanley analyst Brian Nowak reiterated a “Buy” rating on shares and assigned a $175 price target. Similarly, Bank of America analyst Justin Post also maintained a “Buy” rating on Amazon.com, Inc. (NASDAQ:AMZN) shares with a $188 price target. Barclays analyst Ross Sandler was bullish on the stock t00, reaffirming a Buy rating and a $195 price target. 

Daniel Sundheim’s D1 Capital portfolio had 198,433 Amazon.com, Inc. (NASDAQ:AMZN) shares in the first quarter of 2022, worth $646.8 million, representing 7.61% of the total 13F holdings. 

Among the hedge funds tracked by Insider Monkey, 271 funds were bullish on Amazon.com, Inc. (NASDAQ:AMZN) at the end of March 2022, compared to 279 funds in the preceding quarter. Ken Fisher’s Fisher Asset Management featured as a prominent shareholder of the company, with 2.3 million shares worth $7.70 billion. 

Here is what Diamond Hill Large Cap Fund has to say about Amazon.com, Inc. (NASDAQ:AMZN) in its Q1 2022 investor letter:

“Amazon, one of the leading providers of public cloud services and online retailing, is a rapidly growing business that has been investing heavily in infrastructure and content to improve its customer experience. These investments have obscured the magnitude of sustainable free cash flow as well as the attractive valuation of the business relative to peers.”