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Dark Forest Capital Management’s Bentley Systems BSY Stock Holding History

Dark Forest Capital Management’s Portfolio BSY Stock Details BSY Fund Activity
Bought
Maintained
Sold
Quarter Market Value Status Shares Change in
Stake 		Trade Value Portfolio Weight Portfolio Position
2025
Q4 		– Sell
-93,485
Closed -$4.81M – 1001
2025
Q3 		$4.81M Sell
93,485
-20,342
-18% -$1.11M 0.18% 139
2025
Q2 		$6.14M Sell
113,827
-22,723
-17% -$1.05M 0.24% 65
2025
Q1 		$5.37M Buy
136,550
+74,690
+121% +$3.33M 0.24% 57
2024
Q4 		$2.89M Buy
61,860
+7,291
+13% +$356K 0.43% 29
2024
Q3 		$2.77M Sell
54,569
-51,203
-48% -$2.52M 0.35% 43
2024
Q2 		$5.22M Buy
105,772
+87,880
+491% +$4.56M 0.96% 12
2024
Q1 		$934K Sell
17,892
-2,069
-10% -$104K 0.16% 121
2023
Q4 		$1.04M Sell
19,961
-6,727
-25% -$346K 0.16% 104
2023
Q3 		$1.34M Buy
26,688
+5,612
+27% +$282K 0.1% 290
2023
Q2 		$1.14M Buy
21,076
+8,600
+69% +$401K 0.11% 249
2023
Q1 		$536K Buy
12,476
+11,809
+1,770% +$469K 0.13% 157
2022
Q4 		$24.7K Sell
667
-430
-39% -$15.6K 0.01% 532
2022
Q3 		$34K Buy
+1,097
New +$40.1K 0.01% 561
2022
Q2 		– Sell
-525
Closed -$23K – 926
2022
Q1 		$23K Sell
525
-505
-49% -$20.1K 0.01% 750
2021
Q4 		$50K Buy
+1,030
New +$55.7K 0.02% 453

Other funds holding BSY

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
Kayne Anderson Rudnick Investment Management
Kayne Anderson Rudnick Investment Management Los Angeles, California $34B AUM 6.31% 1-Year Est. Return
Swedbank
Swedbank Stockholm, Sweden $116B AUM 46.87% 1-Year Est. Return
State Street
State Street Boston, Massachusetts $2.9T AUM 29.55% 1-Year Est. Return
Morgan Stanley
Morgan Stanley New York $1.66T AUM 25.57% 1-Year Est. Return
Geode Capital Management
Geode Capital Management Boston, Massachusetts $1.61T AUM 30.72% 1-Year Est. Return
Bank of New York Mellon
Bank of New York Mellon New York $544B AUM 28.31% 1-Year Est. Return
William Blair Investment Management
William Blair Investment Management Chicago, Illinois $30.3B AUM 33.75% 1-Year Est. Return
MNA
Manning & Napier Advisors Fairport, New York $7.09B AUM 17.35% 1-Year Est. Return

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

Dark Forest Capital Management sold out of Bentley Systems (BSY) in Q4 2025, closing a stake of 93,485 shares — an estimated $4.81M sold.

Dark Forest Capital Management first reported a position in BSY in Q4 2021 and held it in 15 quarters. The position peaked at $6.14M in Q2 2025. 489 funds tracked by Wall St. Rank hold BSY as of Q4 2025.

  • Dark Forest Capital Management reported no remaining Bentley Systems position as of Q4 2025 after selling out during the quarter.
  • Dark Forest Capital Management sold 93,485 Bentley Systems shares in Q4 2025, an estimated $4.81M.
  • Dark Forest Capital Management first reported a position in Bentley Systems in Q4 2021 and held it in 15 quarters.
  • Dark Forest Capital Management's Bentley Systems position peaked at $6.14M in Q2 2025.
  • 489 funds tracked by Wall St. Rank held Bentley Systems as of Q4 2025.

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