Dark Forest Capital Management’s Pinnacle West Capital PNW Stock Holding History

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

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2026 Q1	$2.66M	Sell	26,425 -36,999	-58%	-$3.57M	0.24%	107
2025 Q4	$5.63M	Sell	63,424 -47,568	-43%	-$4.26M	0.26%	73
2025 Q3	$9.95M	Buy	+110,992	New	+$9.99M	0.37%	22
2025 Q2	–	Sell	-13,736	Closed	-$1.31M	–	1452
2025 Q1	$1.31M	Buy	+13,736	New	+$1.23M	0.06%	559
2024 Q4	–	Sell	-20,506	Closed	-$1.82M	–	1231
2024 Q3	$1.82M	Buy	+20,506	New	+$1.75M	0.23%	92
2023 Q1	–	Sell	-392	Closed	-$29.8K	–	1416
2022 Q4	$29.8K	Buy	+392	New	+$28K	0.01%	485
2022 Q2	–	Sell	-112	Closed	-$8K	–	1264
2022 Q1	$8K	Buy	+112	New	+$8.02K	﹤0.01%	1045

Other funds holding PNW

Capital Research Global Investors Los Angeles, California $645B AUM 30.41% 1-Year Est. Return

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

VCM

Vanguard Capital Management Malvern, Pennsylvania $4.04T AUM

Barrow, Hanley, Mewhinney & Strauss Dallas, Texas $30.5B AUM 29.95% 1-Year Est. Return

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

VPM

Vanguard Portfolio Management Malvern, Pennsylvania $1.91T AUM

AIP

Atlas Infrastructure Partners London, United Kingdom $2.84B AUM 4.75% 1-Year Est. Return

Invesco Atlanta, Georgia $1.02T AUM 30.18% 1-Year Est. Return

SCP

Soroban Capital Partners New York $51.8B AUM 21.41% 1-Year Est. Return

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

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

Dark Forest Capital Management reduced its Pinnacle West Capital (PNW) stake by 58% in Q1 2026, selling an estimated $3.57M and leaving 26,425 shares worth $2.66M. The position accounts for 0.24% of the portfolio, ranked #107.

Dark Forest Capital Management first reported a position in PNW in Q1 2022 and has held it in 7 quarters since. The position peaked at $9.95M in Q3 2025. 703 funds tracked by Wall St. Rank hold PNW as of Q1 2026.

Dark Forest Capital Management held 26,425 shares of Pinnacle West Capital worth $2.66M as of Q1 2026.
Dark Forest Capital Management sold 36,999 Pinnacle West Capital shares in Q1 2026, an estimated $3.57M.
Pinnacle West Capital made up 0.24% of Dark Forest Capital Management's portfolio in Q1 2026, its #107 holding.
Dark Forest Capital Management first reported a position in Pinnacle West Capital in Q1 2022 and has held it in 7 quarters since.
Dark Forest Capital Management's Pinnacle West Capital position peaked at $9.95M in Q3 2025.
703 funds tracked by Wall St. Rank held Pinnacle West Capital as of Q1 2026.

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