Dark Forest Capital Management’s EPAM Systems EPAM Stock Holding History

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

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2026 Q1	$1.95M	Buy	+14,380	New	+$2.46M	0.17%	163
2025 Q4	–	Sell	-21,446	Closed	-$3.23M	–	1080
2025 Q3	$3.23M	Buy	+21,446	New	+$3.52M	0.12%	268
2025 Q1	–	Sell	-2,309	Closed	-$540K	–	1287
2024 Q4	$540K	Sell	2,309 -1,606	-41%	-$357K	0.08%	404
2024 Q3	$779K	Buy	+3,915	New	+$785K	0.1%	228
2023 Q4	–	Sell	-957	Closed	-$245K	–	668
2023 Q3	$245K	Sell	957 -3	-0.3%	-$741	0.02%	966
2023 Q2	$216K	Sell	960 -1,607	-63%	-$405K	0.02%	919
2023 Q1	$768K	Buy	2,567 +2,557	+25,570%	+$824K	0.18%	115
2022 Q4	$3.28K	Buy	+10	New	+$3.4K	﹤0.01%	916
2022 Q2	–	Sell	-33	Closed	-$9K	–	1022
2022 Q1	$9K	Buy	33 +32	+3,200%	+$12.6K	﹤0.01%	1011
2021 Q4	$1K	Sell	1 -26	-96%	-$16.7K	﹤0.01%	1330
2021 Q3	$15K	Sell	27 -301	-92%	-$177K	0.01%	895
2021 Q2	$168K	Buy	+328	New	+$154K	0.07%	211

Other funds holding EPAM

Capital World Investors Los Angeles, California $733B AUM 35.63% 1-Year Est. Return

Invesco Atlanta, Georgia $1.02T AUM 30.18% 1-Year Est. Return

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

Ameriprise Minneapolis, Minnesota $432B AUM 30.22% 1-Year Est. Return

VCM

Vanguard Capital Management Malvern, Pennsylvania $4.04T AUM

VPM

Vanguard Portfolio Management Malvern, Pennsylvania $1.91T AUM

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

Boston Partners Boston, Massachusetts $95.5B AUM 28.4% 1-Year Est. Return

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

Massachusetts Financial Services Boston, Massachusetts $298B AUM 21.96% 1-Year Est. Return

Dark Forest Capital Management's EPAM Position: Q1 2026 in Review

Dark Forest Capital Management opened a new position in EPAM Systems (EPAM) in Q1 2026: 14,380 shares worth $1.95M. The stake represents 0.17% of the portfolio and ranks #163 among its holdings. This is a return to the name: Dark Forest Capital Management previously reported a position in EPAM as recently as Q3 2025.

Dark Forest Capital Management first reported a position in EPAM in Q2 2021 and has held it in 12 quarters since. The position peaked at $3.23M in Q3 2025. 526 funds tracked by Wall St. Rank hold EPAM as of Q1 2026.

Dark Forest Capital Management held 14,380 shares of EPAM Systems worth $1.95M as of Q1 2026.
EPAM Systems was a new Dark Forest Capital Management position in Q1 2026.
EPAM Systems made up 0.17% of Dark Forest Capital Management's portfolio in Q1 2026, its #163 holding.
Dark Forest Capital Management first reported a position in EPAM Systems in Q2 2021 and has held it in 12 quarters since.
Dark Forest Capital Management's EPAM Systems position peaked at $3.23M in Q3 2025.
526 funds tracked by Wall St. Rank held EPAM Systems as of Q1 2026.

Based on Dark Forest Capital Management's 13F filing for Q1 2026, filed 15 May 2026.