Dark Forest Capital Management’s Polaris PII Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2026 Q1	–	Sell	-19,783	Closed	-$1.25M	–	1060
2025 Q4	$1.25M	Buy	+19,783	New	+$1.3M	0.06%	574
2025 Q3	–	Sell	-26,955	Closed	-$1.1M	–	1412
2025 Q2	$1.1M	Sell	26,955 -56,940	-68%	-$2.15M	0.04%	708
2025 Q1	$3.43M	Buy	+83,895	New	+$3.99M	0.16%	168
2023 Q3	–	Sell	-5,016	Closed	-$607K	–	1264
2023 Q2	$607K	Buy	+5,016	New	+$554K	0.06%	549
2023 Q1	–	Sell	-290	Closed	-$29.3K	–	1412
2022 Q4	$29.3K	Buy	290 +114	+65%	+$11.9K	0.01%	488
2022 Q3	$17K	Buy	+176	New	+$19.7K	﹤0.01%	646
2022 Q2	–	Sell	-15	Closed	-$2K	–	1255
2022 Q1	$2K	Buy	+15	New	+$1.71K	﹤0.01%	1169
2021 Q4	–	Sell	-290	Closed	-$35K	–	1702
2021 Q3	$35K	Buy	+290	New	+$36.9K	0.01%	661