Dark Forest Capital Management’s Mercury Insurance MCY Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2026 Q1	$528K	Buy	5,991 +1,842	+44%	+$165K	0.05%	542
2025 Q4	$390K	Sell	4,149 -40,109	-91%	-$3.48M	0.02%	851
2025 Q3	$3.75M	Buy	44,258 +2,347	+6%	+$173K	0.14%	215
2025 Q2	$2.82M	Buy	41,911 +4,935	+13%	+$294K	0.11%	297
2025 Q1	$2.07M	Buy	36,976 +33,078	+849%	+$1.78M	0.09%	367
2024 Q4	$259K	Buy	+3,898	New	+$274K	0.04%	721
2023 Q4	–	Sell	-16,822	Closed	-$472K	–	850
2023 Q3	$472K	Buy	16,822 +2,420	+17%	+$71.4K	0.04%	741
2023 Q2	$436K	Buy	14,402 +7,288	+102%	+$222K	0.04%	679
2023 Q1	$226K	Buy	+7,114	New	+$243K	0.05%	336
2022 Q4	–	Sell	-637	Closed	-$18K	–	1347
2022 Q3	$18K	Buy	+637	New	+$23.1K	﹤0.01%	638
2022 Q2	–	Sell	-45	Closed	-$2K	–	1181
2022 Q1	$2K	Buy	45 +12	+36%	+$647	﹤0.01%	1165
2021 Q4	$2K	Sell	33 -394	-92%	-$21.2K	﹤0.01%	1298
2021 Q3	$24K	Buy	+427	New	+$25.5K	0.01%	763