Dark Forest Capital Management’s Light & Wonder LNW Stock Holding History

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

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2025 Q4	–	Sell	-29,135	Closed	-$2.45M	–	1186
2025 Q3	$2.45M	Buy	29,135 +4,567	+19%	+$419K	0.09%	392
2025 Q2	$2.36M	Buy	24,568 +20,603	+520%	+$1.76M	0.09%	377
2025 Q1	$343K	Buy	+3,965	New	+$382K	0.02%	1029
2024 Q4	–	Sell	-4,611	Closed	-$418K	–	1156
2024 Q3	$418K	Buy	+4,611	New	+$483K	0.05%	462
2023 Q4	–	Sell	-5,418	Closed	-$386K	–	825
2023 Q3	$386K	Buy	+5,418	New	+$393K	0.03%	808
2021 Q4	–	Sell	-1,303	Closed	-$108K	–	1633
2021 Q3	$108K	Buy	+1,303	New	+$91.8K	0.04%	366

Other funds holding LNW

Bessemer Group Woodbridge, New Jersey $63.6B AUM 28.76% 1-Year Est. Return

Barclays London, United Kingdom $416B AUM 33.63% 1-Year Est. Return

Russell Investments Group London, United Kingdom $93.1B AUM 28.26% 1-Year Est. Return

Verition Fund Management Greenwich, Connecticut $15.4B AUM 30.69% 1-Year Est. Return

OAM

OP Asset Management Helsinki $9.38B AUM 42.35% 1-Year Est. Return

Nisa Investment Advisors St. Louis, Missouri $27B AUM 24.49% 1-Year Est. Return

Marshall Wace London, United Kingdom $100B AUM 35.1% 1-Year Est. Return

Corient Private Wealth Miami, Florida $69.9B AUM 22.19% 1-Year Est. Return

ATPW

Ashton Thomas Private Wealth Scottsdale, Arizona $4.79B AUM 27.94% 1-Year Est. Return

MML Investors Services Springfield, Massachusetts $36.1B AUM 19.68% 1-Year Est. Return

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

Dark Forest Capital Management sold out of Light & Wonder (LNW) in Q4 2025, closing a stake of 29,135 shares — an estimated $2.45M sold.

Dark Forest Capital Management first reported a position in LNW in Q3 2021 and held it in 6 quarters. The position peaked at $2.45M in Q3 2025. 29 funds tracked by Wall St. Rank hold LNW as of Q4 2025.

Dark Forest Capital Management reported no remaining Light & Wonder position as of Q4 2025 after selling out during the quarter.
Dark Forest Capital Management sold 29,135 Light & Wonder shares in Q4 2025, an estimated $2.45M.
Dark Forest Capital Management first reported a position in Light & Wonder in Q3 2021 and held it in 6 quarters.
Dark Forest Capital Management's Light & Wonder position peaked at $2.45M in Q3 2025.
29 funds tracked by Wall St. Rank held Light & Wonder as of Q4 2025.

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