Dark Forest Capital Management’s Union Pacific UNP Stock Holding History

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

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2026 Q1	$9.36M	Sell	38,597 -19,341	-33%	-$4.74M	0.83%	5
2025 Q4	$13.4M	Buy	57,938 +17,169	+42%	+$3.92M	0.61%	6
2025 Q3	$9.64M	Buy	40,769 +5,369	+15%	+$1.21M	0.36%	24
2025 Q2	$8.14M	Buy	+35,400	New	+$7.86M	0.32%	32
2025 Q1	–	Sell	-999	Closed	-$228K	–	1446
2024 Q4	$228K	Sell	999 -1,565	-61%	-$371K	0.03%	773
2024 Q3	$632K	Buy	2,564 +100	+4%	+$24.2K	0.08%	295
2024 Q2	$558K	Buy	2,464 +1,307	+113%	+$306K	0.1%	239
2024 Q1	$285K	Buy	+1,157	New	+$285K	0.05%	487
2023 Q4	–	Sell	-7,515	Closed	-$1.53M	–	1078
2023 Q3	$1.53M	Buy	7,515 +4,646	+162%	+$1.01M	0.12%	241
2023 Q2	$587K	Buy	2,869 +2,778	+3,053%	+$552K	0.05%	570
2023 Q1	$18.3K	Buy	+91	New	+$18.4K	﹤0.01%	978
2022 Q2	–	Sell	-89	Closed	-$24K	–	1386
2022 Q1	$24K	Buy	89 +19	+27%	+$4.8K	0.01%	748
2021 Q4	$18K	Sell	70 -900	-93%	-$213K	0.01%	730
2021 Q3	$190K	Buy	970 +75	+8%	+$16.2K	0.07%	248
2021 Q2	$197K	Buy	+895	New	+$199K	0.09%	182

Other funds holding UNP

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

VCM

Vanguard Capital Management Malvern, Pennsylvania $4.04T AUM

Capital World Investors Los Angeles, California $733B AUM 35.63% 1-Year Est. Return

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

JP Morgan Chase New York $1.56T AUM 27.86% 1-Year Est. Return

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

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

Morgan Stanley New York $1.66T AUM 25.57% 1-Year Est. Return

Bank of America Charlotte, North Carolina $1.37T AUM 24.88% 1-Year Est. Return

VPM

Vanguard Portfolio Management Malvern, Pennsylvania $1.91T AUM

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

Dark Forest Capital Management reduced its Union Pacific (UNP) stake by 33% in Q1 2026, selling an estimated $4.74M and leaving 38,597 shares worth $9.36M. The position accounts for 0.83% of the portfolio, ranked #5.

Dark Forest Capital Management first reported a position in UNP in Q2 2021 and has held it in 15 quarters since. The position peaked at $13.4M in Q4 2025. 2,762 funds tracked by Wall St. Rank hold UNP as of Q1 2026.

Dark Forest Capital Management held 38,597 shares of Union Pacific worth $9.36M as of Q1 2026.
Dark Forest Capital Management sold 19,341 Union Pacific shares in Q1 2026, an estimated $4.74M.
Union Pacific made up 0.83% of Dark Forest Capital Management's portfolio in Q1 2026, its #5 holding.
Dark Forest Capital Management first reported a position in Union Pacific in Q2 2021 and has held it in 15 quarters since.
Dark Forest Capital Management's Union Pacific position peaked at $13.4M in Q4 2025.
2,762 funds tracked by Wall St. Rank held Union Pacific as of Q1 2026.

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