D1 Capital Partners L.P. 13F: New $123M Stake in LYV

D1 Capital Partners Starts New Stake in Live Nation

D1 Capital Partners has opened a brand-new position in Live Nation Entertainment, Inc. (NYSE: LYV), according to its latest Form 13F filing with the SEC. The fund acquired 674,317 shares of the live entertainment company, with the holding valued at approximately $123.5 million based on disclosures. Because this is a backward-looking filing, it reflects holdings as of the reporting period and may not represent the investor's current position.

Inside the New Live Nation Position

The newly initiated stake gives D1 Capital Partners a sizeable presence in the entertainment giant. The fund started with zero shares prior to this filing, bringing its ending count to 674,317 shares. The estimated cost basis sits around $152.68 per share, while the total market value of the block reaches $123.5 million.

Live Nation Stock Context

Live Nation shares trade around $183.11, sitting near the upper end of its 52-week range of $125.34 to $189.25. The stock trades comfortably above its 50-day moving average of $178.98 and its 200-day moving average of $162.44. The company has a forward P/E ratio of 89.60 and a beta of 1.12, reflecting a higher volatility profile than the broader market.

Recent Earnings Performance

For the period, Live Nation reported total revenue of $26.27 billion alongside a revenue growth rate of 9.4%. The company posted an earnings per share of -$1.10, resulting in no meaningful trailing P/E ratio due to a lack of profitability over that span. Net margin stood at 0.51% with a return on equity of 17.68%. The company's next earnings report is scheduled for November 3, 2026.

Analysts Set New Price Targets

Wall Street firms have remained largely positive on the entertainment company's outlook through mid-2026. On August 3, 2026, Citigroup maintained its Buy rating on the stock while raising its price target to $212.00 from $181.00. Earlier on July 31, 2026, Bernstein maintained an Outperform rating with a target lifted to $215.00 from $200.00. On the same day, Oppenheimer maintained an Outperform rating and raised its target to $210.00 from $200.00, Guggenheim maintained a Buy rating with a target raised to $218.00 from $197.00, Benchmark maintained a Buy rating with a target increased to $215.00 from $190.00, and Susquehanna maintained a Neutral rating with a target nudged to $187.00 from $186.00. BTIG also reiterated a Buy rating on July 31 with a $215.00 target, following an initial rating on July 23 with the same $215.00 target. Overall, the stock carries a consensus buy recommendation from 24 analysts with a mean price target of $201.96.

About Live Nation Entertainment, Inc.

Live Nation Entertainment operates as a global live entertainment company. It connects fans with artists through three primary segments: promoting live concerts in owned and operated venues, managing ticketing software and marketplaces such as Ticketmaster, and selling sponsorships and advertising for events and digital platforms. The company is headquartered in Beverly Hills, California, and employs thousands of workers worldwide.

What to Watch at Live Nation Entertainment, Inc.

Investors tracking D1 Capital Partners will look toward future quarterly SEC filings to see whether the fund maintains or adjusts its newly formed position in Live Nation. The company's upcoming earnings release on November 3, 2026, will also provide fresh financial data on concert ticket sales and sponsorship revenue.