Dan Sundheim's D1 Capital Partners sold its entire position in Broadcom (AVGO) during the second quarter of 2026, a move involving nearly one million shares. The stake was valued at approximately $303.78 million at the end of the prior quarter and represented a significant 2.7% of the firm's reported portfolio.
This trade was disclosed in an August 14th regulatory filing, which reflects portfolio changes made between April 1st and June 30th. During that period, Broadcom reported strong financial results, with record revenue driven by accelerating growth in its AI semiconductor business. The company's Q2 revenue from AI chips grew 143% year-over-year to $10.8 billion.