DFCM
ADAM

Dark Forest Capital Management’s Adamas Trust ADAM Stock Holding History

Dark Forest Capital Management’s Portfolio ADAM Stock Details ADAM Fund Activity
Bought
Maintained
Sold
Quarter Market Value Status Shares Change in
Stake 		Trade Value Portfolio Weight Portfolio Position
2025
Q4 		– Sell
-20,642
Closed -$144K – 1233
2025
Q3 		$144K Sell
20,642
-1,958
-9% -$13.6K 0.01% 1094
2025
Q2 		$151K Buy
+22,600
New +$143K 0.01% 1104
2024
Q2 		– Sell
-33,279
Closed -$240K – 827
2024
Q1 		$240K Buy
+33,279
New +$254K 0.04% 550
2023
Q1 		– Sell
-15,832
Closed -$162K – 1391
2022
Q4 		$162K Buy
+15,832
New +$169K 0.04% 293

Other funds holding ADAM

BlackRock
BlackRock New York $5.72T AUM 30.48% 1-Year Est. Return
Vanguard Group
Vanguard Group Malvern, Pennsylvania $6.9T AUM 27.45% 1-Year Est. Return
Allspring Global Investments
Allspring Global Investments Charlotte, North Carolina $59.7B AUM 29.08% 1-Year Est. Return
State Street
State Street Boston, Massachusetts $2.9T AUM 29.55% 1-Year Est. Return
Invesco
Invesco Atlanta, Georgia $1.02T AUM 30.18% 1-Year Est. Return
Mirae Asset Global ETFs Holdings
Mirae Asset Global ETFs Holdings Causeway Bay, Hong Kong $73.7B AUM 53.56% 1-Year Est. Return
Geode Capital Management
Geode Capital Management Boston, Massachusetts $1.61T AUM 30.72% 1-Year Est. Return
Charles Schwab
Charles Schwab San Francisco, California $654B AUM 26.35% 1-Year Est. Return
Northern Trust
Northern Trust Chicago, Illinois $757B AUM 28.64% 1-Year Est. Return
VanEck Associates
VanEck Associates New York $133B AUM 72.99% 1-Year Est. Return

Dark Forest Capital Management's ADAM Position: Q4 2025 in Review

Dark Forest Capital Management sold out of Adamas Trust (ADAM) in Q4 2025, closing a stake of 20,642 shares — an estimated $144K sold.

Dark Forest Capital Management first reported a position in ADAM in Q4 2022 and held it in 4 quarters. The position peaked at $240K in Q1 2024. 182 funds tracked by Wall St. Rank hold ADAM as of Q4 2025.

  • Dark Forest Capital Management reported no remaining Adamas Trust position as of Q4 2025 after selling out during the quarter.
  • Dark Forest Capital Management sold 20,642 Adamas Trust shares in Q4 2025, an estimated $144K.
  • Dark Forest Capital Management first reported a position in Adamas Trust in Q4 2022 and held it in 4 quarters.
  • Dark Forest Capital Management's Adamas Trust position peaked at $240K in Q1 2024.
  • 182 funds tracked by Wall St. Rank held Adamas Trust as of Q4 2025.

Based on Dark Forest Capital Management's 13F filing for Q4 2025, filed 17 Feb 2026.