Dark Forest Capital Management’s Ulta Beauty ULTA Stock Holding History

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

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2025 Q2	–	Sell	-8,341	Closed	-$3.06M	–	1523
2025 Q1	$3.06M	Buy	8,341 +7,871	+1,675%	+$3M	0.14%	209
2024 Q4	$204K	Sell	470 -178	-27%	-$69K	0.03%	812
2024 Q3	$252K	Buy	+648	New	+$243K	0.03%	741
2024 Q1	–	Sell	-6,217	Closed	-$3.05M	–	789
2023 Q4	$3.05M	Buy	6,217 +1,917	+45%	+$809K	0.46%	36
2023 Q3	$1.72M	Buy	4,300 +3,143	+272%	+$1.37M	0.13%	191
2023 Q2	$544K	Buy	1,157 +1,034	+841%	+$506K	0.05%	593
2023 Q1	$67.1K	Buy	123 +72	+141%	+$37K	0.02%	772
2022 Q4	$23.9K	Buy	+51	New	+$22K	0.01%	536

Other funds holding ULTA

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

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

Morgan Stanley New York $1.89T AUM 35.08% 1-Year Est. Return

JP Morgan Chase New York $1.81T AUM 41.13% 1-Year Est. Return

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

Sanders Capital West Palm Beach, Florida $99.8B AUM 47.9% 1-Year Est. Return

T. Rowe Price Associates Baltimore, Maryland $999B AUM 46.22% 1-Year Est. Return

T. Rowe Price Investment Management Baltimore, Maryland $153B AUM 38.14% 1-Year Est. Return

Bank of America Charlotte, North Carolina $1.55T AUM 33.47% 1-Year Est. Return

Dark Forest Capital Management's ULTA Position: Q2 2025 in Review

Dark Forest Capital Management sold out of Ulta Beauty (ULTA) in Q2 2025, closing a stake of 8,341 shares — an estimated $3.06M sold.

Dark Forest Capital Management first reported a position in ULTA in Q4 2022 and held it in 8 quarters. The position peaked at $3.06M in Q1 2025. 1,033 funds tracked by Wall St. Rank hold ULTA as of Q2 2025.

Dark Forest Capital Management reported no remaining Ulta Beauty position as of Q2 2025 after selling out during the quarter.
Dark Forest Capital Management sold 8,341 Ulta Beauty shares in Q2 2025, an estimated $3.06M.
Dark Forest Capital Management first reported a position in Ulta Beauty in Q4 2022 and held it in 8 quarters.
Dark Forest Capital Management's Ulta Beauty position peaked at $3.06M in Q1 2025.
1,033 funds tracked by Wall St. Rank held Ulta Beauty as of Q2 2025.

Based on Dark Forest Capital Management's 13F filing for Q2 2025, filed 14 Aug 2025.