Dark Forest Capital Management’s IES Holdings IESC Stock Holding History

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

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2026 Q1	$1.97M	Sell	4,144 -1,124	-21%	-$515K	0.18%	158
2025 Q4	$2.05M	Buy	5,268 +1,195	+29%	+$480K	0.09%	379
2025 Q3	$1.62M	Buy	+4,073	New	+$1.4M	0.06%	554
2025 Q2	–	Sell	-8,063	Closed	-$1.33M	–	1339
2025 Q1	$1.33M	Buy	8,063 +4,557	+130%	+$950K	0.06%	549
2024 Q4	$705K	Sell	3,506 -4,187	-54%	-$1.01M	0.1%	282
2024 Q3	$1.54M	Buy	7,693 +223	+3%	+$36.2K	0.2%	104
2024 Q2	$1.04M	Buy	7,470 +3,555	+91%	+$500K	0.19%	97
2024 Q1	$476K	Sell	3,915 -230	-6%	-$22K	0.08%	295
2023 Q4	$328K	Sell	4,145 -932	-18%	-$65K	0.05%	312
2023 Q3	$334K	Buy	+5,077	New	+$331K	0.03%	866

Other funds holding IESC

GJL

Gendell Jeffrey L $7.34B AUM 183.72% 1-Year Est. Return

Fidelity Investments Boston, Massachusetts $1.9T AUM 41.92% 1-Year Est. Return

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

Dimensional Fund Advisors Austin, Texas $481B AUM 30.42% 1-Year Est. Return

VCM

Vanguard Capital Management Malvern, Pennsylvania $4.04T AUM

VPM

Vanguard Portfolio Management Malvern, Pennsylvania $1.91T AUM

First Trust Advisors Wheaton, Illinois $140B AUM 27.84% 1-Year Est. Return

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

Pertento Partners London, United Kingdom $1.37B AUM 36.36% 1-Year Est. Return

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

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

Dark Forest Capital Management reduced its IES Holdings (IESC) stake by 21% in Q1 2026, selling an estimated $515K and leaving 4,144 shares worth $1.97M. The position accounts for 0.18% of the portfolio, ranked #158.

Dark Forest Capital Management first reported a position in IESC in Q3 2023 and has held it in 10 quarters since. The position peaked at $2.05M in Q4 2025. 348 funds tracked by Wall St. Rank hold IESC as of Q1 2026.

Dark Forest Capital Management held 4,144 shares of IES Holdings worth $1.97M as of Q1 2026.
Dark Forest Capital Management sold 1,124 IES Holdings shares in Q1 2026, an estimated $515K.
IES Holdings made up 0.18% of Dark Forest Capital Management's portfolio in Q1 2026, its #158 holding.
Dark Forest Capital Management first reported a position in IES Holdings in Q3 2023 and has held it in 10 quarters since.
Dark Forest Capital Management's IES Holdings position peaked at $2.05M in Q4 2025.
348 funds tracked by Wall St. Rank held IES Holdings as of Q1 2026.

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