We are live on ! Find out more
DFCM

Dark Forest Capital Management Portfolio holdings

AUM $1.13B
1-Year Est. Return 18.74%
This Fund
S&P 500
This Quarter Est. Return
+2.5%
1 Year Est. Return
+18.74%
3 Year Est. Return
+51.22%
5 Year Est. Return
+55.27%
10 Year Est. Return
–
AUM
$678M
AUM Growth
-$104M
Cap. Flow
-$99.9M
Cap. Flow %
-14.72%
Top 10 Hldgs %
12.34%
Holding
1,351
New
414
Increased
244
Reduced
226
Closed
464

Top Buys

Rank Stock Value
1
CPRI icon
Capri Holdings
CPRI
+$7.2M
2
APP icon
Applovin
APP
+$6.91M
3
GWRE icon
Guidewire Software
GWRE
+$5.27M
4
COIN icon
Coinbase
COIN
+$4.5M
5
CC icon
Chemours
CC
+$4.1M

Top Sells

Rank Stock Value
1
XLU icon
State Street Utilities Select Sector SPDR ETF
XLU
+$22.5M
2
APO icon
Apollo Global Management
APO
+$15.4M
3
WDAY icon
Workday
WDAY
+$15.4M
4
FOUR icon
Shift4
FOUR
+$7.95M
5
AAPL icon
Apple
AAPL
+$6.93M

Sector Composition

Rank Sector Weight
1 Financials 14.4%
2 Industrials 14.26%
3 Consumer Discretionary 10.93%
4 Technology 10.77%
5 Healthcare 9.45%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
GEHC icon
376
GE HealthCare
GEHC
$32.4B
$574K 0.08%
7,343
+4,457
+154% +$379K
IVT icon
377
InvenTrust Properties
IVT
$2.59B
$571K 0.08%
+18,953
New +$570K
BOX icon
378
Box
BOX
$4.6B
$570K 0.08%
18,052
+10,470
+138% +$343K
ULCC icon
379
Frontier Group Holdings
ULCC
$1.7B
$569K 0.08%
+80,091
New +$500K
HTLF
380
DELISTED
Heartland Financial USA, Inc.
HTLF
$569K 0.08%
+9,287
New +$581K
COLD icon
381
Americold
COLD
$4.27B
$569K 0.08%
+26,585
New +$643K
NUE icon
382
Nucor
NUE
$62.1B
$567K 0.08%
4,855
-9,790
-67% -$1.41M
BEN icon
383
Franklin Resources
BEN
$17.2B
$566K 0.08%
27,906
-12,007
-30% -$253K
AZEK
384
DELISTED
The AZEK Co
AZEK
$566K 0.08%
11,919
+5,372
+82% +$257K
TRUP icon
385
Trupanion
TRUP
$1.18B
$563K 0.08%
+11,687
New +$600K
BCPC
386
Balchem Corp
BCPC
$5.72B
$561K 0.08%
+3,439
New +$597K
WFRD icon
387
Weatherford International
WFRD
$6.22B
$560K 0.08%
+7,818
New +$641K
DDS icon
388
Dillards
DDS
$9.56B
$559K 0.08%
1,295
-315
-20% -$129K
OGE icon
389
OGE Energy
OGE
$9.71B
$556K 0.08%
13,482
-13,193
-49% -$549K
MMS icon
390
Maximus
MMS
$3.1B
$555K 0.08%
+7,439
New +$607K
TMHC
391
DELISTED
Taylor Morrison
TMHC
$553K 0.08%
9,033
+5,560
+160% +$379K
RS icon
392
Reliance Steel & Aluminium
RS
$21.6B
$552K 0.08%
2,049
-2,129
-51% -$632K
NDAQ icon
393
Nasdaq
NDAQ
$52.9B
$550K 0.08%
7,119
-4,022
-36% -$311K
CPK icon
394
Chesapeake Utilities
CPK
$3.21B
$550K 0.08%
+4,533
New +$562K
CWT icon
395
California Water Service
CWT
$3.12B
$550K 0.08%
+12,127
New +$612K
FUL icon
396
H.B. Fuller
FUL
$3.28B
$549K 0.08%
8,135
+4,014
+97% +$301K
APPF icon
397
AppFolio
APPF
$7.04B
$549K 0.08%
+2,224
New +$521K
WWD icon
398
Woodward
WWD
$21.4B
$549K 0.08%
+3,296
New +$563K
NVR icon
399
NVR
NVR
$17B
$548K 0.08%
67
+41
+158% +$373K
EVRG icon
400
Evergy
EVRG
$19.2B
$547K 0.08%
8,893
-16,450
-65% -$1.02M
14 15
16
17 18

Similar funds

PL
Parkwood LLC Cleveland, Ohio $1.13B AUM 32.89% 1-Year Est. Return
AT
American Trust Lexington, Kentucky $1.13B AUM 17.56% 1-Year Est. Return
WM
WS Management Jacksonville, Florida $1.13B AUM 53.44% 1-Year Est. Return
OHIF
Oriental Harbor Investment Fund Hong Kong $1.13B AUM 70.63% 1-Year Est. Return
HMCP
Hook Mill Capital Partners New York $1.13B AUM 31.32% 1-Year Est. Return
C
Chescapmanager Baltimore, Maryland $1.12B AUM 67.49% 1-Year Est. Return
ACM
Alua Capital Management New York $1.13B AUM 8.41% 1-Year Est. Return
CNC
Canandaigua National Corp Canandaigua, New York $1.12B AUM

Dark Forest Capital Management's Q4 2024 Portfolio in Review

As of Q4 2024, Dark Forest Capital Management held 1,351 positions worth $678M, down 13% from $783M the previous quarter. Its ten largest holdings account for 12% of the portfolio.

Dark Forest Capital Management withdrew a net $99.9M in Q4 2024, closing 464 positions and reducing 226 holdings. Its most notable exit was State Street Utilities Select Sector SPDR ETF, an estimated $22.5M position sold in full.

By sector, the portfolio is most concentrated in Financials at 14% of assets, up from 13% a quarter earlier, followed by Industrials and Consumer Discretionary.

Against the trend, Dark Forest Capital Management opened a new position in Capri Holdings worth $5.57M.

  • Dark Forest Capital Management's largest Q4 2024 buy was Capri Holdings: 264,666 shares worth $5.57M.
  • Dark Forest Capital Management added most to Dover in Q4 2024, an estimated $2.97M increase.
  • Dark Forest Capital Management's biggest Q4 2024 reduction was Apollo Global Management, cutting an estimated $15.4M.
  • Dark Forest Capital Management fully exited State Street Utilities Select Sector SPDR ETF in Q4 2024, selling an estimated $22.5M.
  • Dark Forest Capital Management's ten largest holdings make up 12% of its $678M portfolio in Q4 2024.
  • Dark Forest Capital Management opened 414 new positions and closed 464 in Q4 2024.
  • Dark Forest Capital Management's portfolio value fell 13% quarter-over-quarter to $678M.

Based on Dark Forest Capital Management's 13F filing for Q4 2024, filed 14 Feb 2025.