Dark Forest Capital Management’s Blend Labs BLND Stock Holding History

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

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2025 Q4	–	Sell	-36,839	Closed	-$134K	–	993
2025 Q3	$134K	Sell	36,839 -432,464	-92%	-$1.55M	0.01%	1096
2025 Q2	$1.55M	Buy	469,303 +259,902	+124%	+$881K	0.06%	559
2025 Q1	$701K	Buy	+209,401	New	+$761K	0.03%	826
2024 Q3	–	Sell	-13,057	Closed	-$30.8K	–	972
2024 Q2	$30.8K	Buy	+13,057	New	+$34.6K	0.01%	634
2022 Q4	–	Sell	-6,421	Closed	-$14K	–	1163
2022 Q3	$14K	Buy	6,421 +4,243	+195%	+$12K	﹤0.01%	674
2022 Q2	$5K	Sell	2,178 -237	-10%	-$886	﹤0.01%	630
2022 Q1	$13K	Buy	2,415 +193	+9%	+$1.5K	﹤0.01%	941
2021 Q4	$16K	Buy	+2,222	New	+$25.8K	0.01%	744

Other funds holding BLND

LMC

Lightspeed Management Company Menlo Park, California $2.4B AUM 7.07% 1-Year Est. Return

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

BlackRock New York $6.73T AUM 46.02% 1-Year Est. Return

CPIM

Cypress Point Investment Management Mill Valley, California $552M AUM

HIM

Haveli Investment Management Austin, Texas $180M AUM

ShawSpring Partners Boston, Massachusetts $232M AUM 27.09% 1-Year Est. Return

Metavasi Capital Larchmont, New York $287M AUM 97.9% 1-Year Est. Return

DSCM

Divisadero Street Capital Management Miami, Florida $4.41B AUM 90.53% 1-Year Est. Return

State Street Boston, Massachusetts $3.38T AUM 44.17% 1-Year Est. Return

Whitebark Investors Incline Village, Nevada $129M AUM 26.3% 1-Year Est. Return

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

Dark Forest Capital Management sold out of Blend Labs (BLND) in Q4 2025, closing a stake of 36,839 shares — an estimated $134K sold.

Dark Forest Capital Management first reported a position in BLND in Q4 2021 and held it in 8 quarters. The position peaked at $1.55M in Q2 2025. 194 funds tracked by Wall St. Rank hold BLND as of Q4 2025.

Dark Forest Capital Management reported no remaining Blend Labs position as of Q4 2025 after selling out during the quarter.
Dark Forest Capital Management sold 36,839 Blend Labs shares in Q4 2025, an estimated $134K.
Dark Forest Capital Management first reported a position in Blend Labs in Q4 2021 and held it in 8 quarters.
Dark Forest Capital Management's Blend Labs position peaked at $1.55M in Q2 2025.
194 funds tracked by Wall St. Rank held Blend Labs as of Q4 2025.

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