Dark Forest Capital Management’s Ziff Davis ZD Stock Holding History

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

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2025 Q2	–	Sell	-57,229	Closed	-$2.15M	–	1558
2025 Q1	$2.15M	Buy	+57,229	New	+$2.74M	0.1%	354
2024 Q3	–	Sell	-15,274	Closed	-$841K	–	1198
2024 Q2	$841K	Buy	15,274 +4,440	+41%	+$244K	0.15%	131
2024 Q1	$683K	Buy	10,834 +7,311	+208%	+$486K	0.12%	183
2023 Q4	$237K	Sell	3,523 -20,729	-85%	-$1.31M	0.04%	367
2023 Q3	$1.54M	Buy	24,252 +19,218	+382%	+$1.32M	0.12%	234
2023 Q2	$353K	Buy	+5,034	New	+$345K	0.03%	763
2023 Q1	–	Sell	-342	Closed	-$27.1K	–	1523
2022 Q4	$27.1K	Buy	342 +337	+6,740%	+$27.1K	0.01%	510
2022 Q3	$0	Buy	+5	New	+$394	﹤0.01%	1480
2022 Q2	–	Sell	-217	Closed	-$21K	–	1439
2022 Q1	$21K	Sell	217 -104	-32%	-$10.7K	﹤0.01%	782
2021 Q4	$36K	Buy	+321	New	+$38.1K	0.01%	511

Other funds holding ZD

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

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

Janus Henderson Group London $209B AUM 37.72% 1-Year Est. Return

Legal & General Group London, United Kingdom $480B AUM 42.84% 1-Year Est. Return

Dimensional Fund Advisors Austin, Texas $552B AUM 44.19% 1-Year Est. Return

ACH

ArrowMark Colorado Holdings Denver, Colorado $2.4B AUM 42.85% 1-Year Est. Return

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

CDAM (UK) London, United Kingdom $387M AUM 4.05% 1-Year Est. Return

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

Nordea Investment Management Stockholm, Sweden $123B AUM 38.85% 1-Year Est. Return

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

Dark Forest Capital Management sold out of Ziff Davis (ZD) in Q2 2025, closing a stake of 57,229 shares — an estimated $2.15M sold.

Dark Forest Capital Management first reported a position in ZD in Q4 2021 and held it in 10 quarters. The position peaked at $2.15M in Q1 2025. 275 funds tracked by Wall St. Rank hold ZD as of Q2 2025.

Dark Forest Capital Management reported no remaining Ziff Davis position as of Q2 2025 after selling out during the quarter.
Dark Forest Capital Management sold 57,229 Ziff Davis shares in Q2 2025, an estimated $2.15M.
Dark Forest Capital Management first reported a position in Ziff Davis in Q4 2021 and held it in 10 quarters.
Dark Forest Capital Management's Ziff Davis position peaked at $2.15M in Q1 2025.
275 funds tracked by Wall St. Rank held Ziff Davis as of Q2 2025.

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