Dark Forest Capital Management’s NNN REIT NNN Stock Holding History

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

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2025 Q3	–	Sell	-97,058	Closed	-$4.19M	–	1379
2025 Q2	$4.19M	Buy	97,058 +79,241	+445%	+$3.29M	0.17%	152
2025 Q1	$760K	Buy	+17,817	New	+$727K	0.03%	800
2022 Q4	–	Sell	-148	Closed	-$6K	–	1382
2022 Q3	$6K	Buy	+148	New	+$6.68K	﹤0.01%	853
2021 Q3	–	Sell	-3,208	Closed	-$150K	–	1454
2021 Q2	$150K	Buy	+3,208	New	+$150K	0.07%	231

Other funds holding NNN

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

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

Fidelity Investments Boston, Massachusetts $2.3T AUM 54.33% 1-Year Est. Return

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

Victory Capital Management San Antonio, Texas $178B AUM 37.23% 1-Year Est. Return

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

AQR Capital Management Greenwich, Connecticut $287B AUM 42.33% 1-Year Est. Return

Massachusetts Financial Services Boston, Massachusetts $315B AUM 27.84% 1-Year Est. Return

RIM

Rush Island Management New York $1.51B AUM 8.12% 1-Year Est. Return

Federated Hermes Pittsburgh, Pennsylvania $69.6B AUM 42.52% 1-Year Est. Return

Dark Forest Capital Management's NNN Position: Q3 2025 in Review

Dark Forest Capital Management sold out of NNN REIT (NNN) in Q3 2025, closing a stake of 97,058 shares — an estimated $4.19M sold.

Dark Forest Capital Management first reported a position in NNN in Q2 2021 and held it in 4 quarters. The position peaked at $4.19M in Q2 2025. 507 funds tracked by Wall St. Rank hold NNN as of Q3 2025.

Dark Forest Capital Management reported no remaining NNN REIT position as of Q3 2025 after selling out during the quarter.
Dark Forest Capital Management sold 97,058 NNN REIT shares in Q3 2025, an estimated $4.19M.
Dark Forest Capital Management first reported a position in NNN REIT in Q2 2021 and held it in 4 quarters.
Dark Forest Capital Management's NNN REIT position peaked at $4.19M in Q2 2025.
507 funds tracked by Wall St. Rank held NNN REIT as of Q3 2025.

Based on Dark Forest Capital Management's 13F filing for Q3 2025, filed 14 Nov 2025.