Dark Forest Capital Management’s Delek US DK Stock Holding History

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

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2025 Q4	–	Sell	-16,563	Closed	-$534K	–	1063
2025 Q3	$534K	Sell	16,563 -34,938	-68%	-$913K	0.02%	909
2025 Q2	$1.09M	Buy	+51,501	New	+$865K	0.04%	711
2024 Q4	–	Sell	-15,589	Closed	-$292K	–	1028
2024 Q3	$292K	Buy	+15,589	New	+$330K	0.04%	637
2024 Q1	–	Sell	-62,719	Closed	-$1.62M	–	708
2023 Q4	$1.62M	Buy	62,719 +34,413	+122%	+$910K	0.24%	72
2023 Q3	$804K	Sell	28,306 -84,362	-75%	-$2.28M	0.06%	506
2023 Q2	$2.7M	Buy	112,668 +111,330	+8,321%	+$2.53M	0.25%	35
2023 Q1	$30.7K	Sell	1,338 -30,048	-96%	-$752K	0.01%	914
2022 Q4	$847K	Sell	31,386 -30,574	-49%	-$902K	0.21%	113
2022 Q3	$1.68M	Buy	61,960 +61,697	+23,459%	+$1.63M	0.29%	93
2022 Q2	$7K	Sell	263 -1,356	-84%	-$36.6K	﹤0.01%	580
2022 Q1	$34K	Buy	+1,619	New	+$29.4K	0.01%	667
2021 Q3	–	Sell	-525	Closed	-$11K	–	1325
2021 Q2	$11K	Buy	+525	New	+$11.9K	﹤0.01%	625

Other funds holding DK

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

RCMNY

Rubric Capital Management (New York) New York $9.44B AUM 68.42% 1-Year Est. Return

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

RRAM

River Road Asset Management Louisville, Kentucky $8.99B AUM 12.83% 1-Year Est. Return

Goldman Sachs New York $871B AUM 31.28% 1-Year Est. Return

Morgan Stanley New York $1.66T AUM 25.57% 1-Year Est. Return

IFM

ION Fund Management Herzliya $707M AUM

Norges Bank Oslo, Norway $935B AUM

Charles Schwab San Francisco, California $654B AUM 26.35% 1-Year Est. Return

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

Dark Forest Capital Management sold out of Delek US (DK) in Q4 2025, closing a stake of 16,563 shares — an estimated $534K sold.

Dark Forest Capital Management first reported a position in DK in Q2 2021 and held it in 12 quarters. The position peaked at $2.7M in Q2 2023. 254 funds tracked by Wall St. Rank hold DK as of Q4 2025.

Dark Forest Capital Management reported no remaining Delek US position as of Q4 2025 after selling out during the quarter.
Dark Forest Capital Management sold 16,563 Delek US shares in Q4 2025, an estimated $534K.
Dark Forest Capital Management first reported a position in Delek US in Q2 2021 and held it in 12 quarters.
Dark Forest Capital Management's Delek US position peaked at $2.7M in Q2 2023.
254 funds tracked by Wall St. Rank held Delek US as of Q4 2025.

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