D1 Capital Partners L.P. 13F: New $93M Stake in U

D1 Capital Partners Establishes Unity Software Stake

D1 Capital Partners L.P. initiated a brand-new position in Unity Software Inc. (NYSE:U) during the first quarter, according to its latest Form 13F filing with the SEC. The investment firm acquired 3,259,983 shares of the real-time 3D development platform. The newly established stake was valued at approximately $93.17 million at the close of the reporting period.

Because 13F filings are backward-looking documents, they show a fund's holdings as of the end of the quarter—in this case, March 31, 2026. Therefore, these figures reflect historical positioning and may not represent the firm's current portfolio.

Tracking the Movement of Unity Stock

On Saturday, shares of Unity Software traded at $28.58. The stock has experienced significant volatility over the past year, trading between a 52-week low of $16.78 and a 52-week high of $52.15. At its current price, Unity is trading below its 50-day moving average of $43.46, but it remains closer to its 200-day moving average of $31.93. The company currently has a forward P/E ratio of 24.89.

Unity Software Earnings Performance

In its most recent financial reports, Unity Software posted annual revenue of $2.03 billion, representing revenue growth of 23.9% year-over-year. However, profitability remains a challenge for the San Francisco-based software provider. The company reported a net margin of negative 28.97%, a negative return on equity of 17.38%, and an earnings per share (EPS) of -$1.36. Because the company is not currently profitable, it does not have a meaningful trailing price-to-earnings ratio. Unity Software is scheduled to release its next quarterly earnings report on November 5, 2026.

Wall Street Analysts Lift Price Targets

Several research firms have recently updated their outlook on Unity Software. On October 14, Wedbush maintained its "Outperform" rating and raised its price target from $50.00 to $55.00. This followed a similar move by Morgan Stanley on October 13, which kept an "Overweight" rating and bumped its target to $55.00 from $50.00.

On October 12, Wells Fargo maintained an "Overweight" rating while lifting its price target to $53.00. BTIG also raised its target to $53.00 on October 9, maintaining a "Buy" rating. Jefferies and Raymond James both set positive expectations on October 8, with Raymond James upgrading the stock to "Outperform" with a $54.00 price target. Overall, the consensus among 25 analysts is a "strong_buy," with a mean price target of $50.41.

Interactive Software and Game Engines

Unity Software operates a widely used platform for creating, running, and monetizing interactive, real-time 2D and 3D content. Its tools are used by game developers, filmmakers, automotive designers, and architects around the world. The company's business is split between its Create Solutions division, which provides software development tools, and its Grow Solutions division, which focuses on user acquisition and advertising.

What to Watch at Unity Software Inc.

Investors will want to watch Unity's upcoming November earnings release to see if the company's cost-management efforts and new software features are translating into improved margins. Additionally, future 13F filings from D1 Capital Partners will reveal whether the firm has continued to build on this new position or if it has adjusted its exposure in response to recent stock fluctuations.