Dark Forest Capital Management’s Horace Mann Educators HMN Stock Holding History

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

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2025 Q4	–	Sell	-8,655	Closed	-$391K	–	1137
2025 Q3	$391K	Sell	8,655 -1,855	-18%	-$81.5K	0.01%	981
2025 Q2	$452K	Buy	+10,510	New	+$443K	0.02%	954
2025 Q1	–	Sell	-7,393	Closed	-$290K	–	1319
2024 Q4	$290K	Buy	+7,393	New	+$289K	0.04%	682
2024 Q3	–	Sell	-10,010	Closed	-$327K	–	1048
2024 Q2	$327K	Buy	+10,010	New	+$350K	0.06%	416
2023 Q3	–	Sell	-12,339	Closed	-$366K	–	1177
2023 Q2	$366K	Buy	+12,339	New	+$392K	0.03%	748

Other funds holding HMN

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

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

Franklin Resources San Mateo, California $462B AUM 39.16% 1-Year Est. Return

T. Rowe Price Associates Baltimore, Maryland $999B AUM 46.22% 1-Year Est. Return

Dimensional Fund Advisors Austin, Texas $552B AUM 44.19% 1-Year Est. Return

Fuller & Thaler Asset Management San Mateo, California $36.7B AUM 74.15% 1-Year Est. Return

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

EARNEST Partners Atlanta, Georgia $27.7B AUM 52.44% 1-Year Est. Return

Geode Capital Management Boston, Massachusetts $1.88T AUM 44.46% 1-Year Est. Return

American Century Companies Kansas City, Missouri $226B AUM 44.75% 1-Year Est. Return

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

Dark Forest Capital Management sold out of Horace Mann Educators (HMN) in Q4 2025, closing a stake of 8,655 shares — an estimated $391K sold.

Dark Forest Capital Management first reported a position in HMN in Q2 2023 and held it in 5 quarters. The position peaked at $452K in Q2 2025. 255 funds tracked by Wall St. Rank hold HMN as of Q4 2025.

Dark Forest Capital Management reported no remaining Horace Mann Educators position as of Q4 2025 after selling out during the quarter.
Dark Forest Capital Management sold 8,655 Horace Mann Educators shares in Q4 2025, an estimated $391K.
Dark Forest Capital Management first reported a position in Horace Mann Educators in Q2 2023 and held it in 5 quarters.
Dark Forest Capital Management's Horace Mann Educators position peaked at $452K in Q2 2025.
255 funds tracked by Wall St. Rank held Horace Mann Educators as of Q4 2025.

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