Dark Forest Capital Management’s Aehr Test Systems AEHR Stock Holding History

Dark Forest Capital Management’s Portfolio AEHR Stock Details AEHR Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2025 Q3	–	Sell	-35,738	Closed	-$462K	–	1122
2025 Q2	$462K	Buy	35,738 +17,705	+98%	+$169K	0.02%	948
2025 Q1	$131K	Buy	+18,033	New	+$199K	0.01%	1167
2024 Q4	–	Sell	-11,039	Closed	-$142K	–	902
2024 Q3	$142K	Buy	+11,039	New	+$160K	0.02%	905
2023 Q4	–	Sell	-43,068	Closed	-$1.97M	–	447
2023 Q3	$1.97M	Buy	43,068 +18,409	+75%	+$853K	0.15%	133
2023 Q2	$1.02M	Buy	24,659 +4,414	+22%	+$145K	0.09%	287
2023 Q1	$628K	Buy	+20,245	New	+$652K	0.15%	143

Other funds holding AEHR

Fidelity Investments Boston, Massachusetts $1.9T AUM 41.92% 1-Year Est. Return

Vanguard Group Malvern, Pennsylvania $6.9T AUM 27.45% 1-Year Est. Return

BlackRock New York $5.72T AUM 30.48% 1-Year Est. Return

AIC

AWM Investment Company New York $903M AUM 163.47% 1-Year Est. Return

Baillie Gifford & Co Edinburgh, United Kingdom $97.9B AUM 20.73% 1-Year Est. Return

William Blair Investment Management Chicago, Illinois $30.3B AUM 33.75% 1-Year Est. Return

Geode Capital Management Boston, Massachusetts $1.61T AUM 30.72% 1-Year Est. Return

State Street Boston, Massachusetts $2.9T AUM 29.55% 1-Year Est. Return

HFF

Halter Ferguson Financial Carmel, Indiana $456M AUM 49.85% 1-Year Est. Return

RHJA

Rice Hall James & Associates San Diego, California $1.8B AUM 36.16% 1-Year Est. Return

Dark Forest Capital Management's AEHR Position: Q3 2025 in Review

Dark Forest Capital Management sold out of Aehr Test Systems (AEHR) in Q3 2025, closing a stake of 35,738 shares — an estimated $462K sold.

Dark Forest Capital Management first reported a position in AEHR in Q1 2023 and held it in 6 quarters. The position peaked at $1.97M in Q3 2023. 149 funds tracked by Wall St. Rank hold AEHR as of Q3 2025.

Dark Forest Capital Management reported no remaining Aehr Test Systems position as of Q3 2025 after selling out during the quarter.
Dark Forest Capital Management sold 35,738 Aehr Test Systems shares in Q3 2025, an estimated $462K.
Dark Forest Capital Management first reported a position in Aehr Test Systems in Q1 2023 and held it in 6 quarters.
Dark Forest Capital Management's Aehr Test Systems position peaked at $1.97M in Q3 2023.
149 funds tracked by Wall St. Rank held Aehr Test Systems as of Q3 2025.

Based on Dark Forest Capital Management's 13F filing for Q3 2025, filed 14 Nov 2025.