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
+8.95%
1 Year Est. Return
+18.74%
3 Year Est. Return
+51.22%
5 Year Est. Return
+55.27%
10 Year Est. Return
–
AUM
$2.51B
AUM Growth
+$308M
Cap. Flow
+$165M
Cap. Flow %
6.6%
Top 10 Hldgs %
6.12%
Holding
1,581
New
385
Increased
403
Reduced
352
Closed
439

Top Buys

Rank Stock Value
1
SPG icon
Simon Property Group
SPG
+$15M
2
GGG icon
Graco
GGG
+$10.2M
3
TIP icon
iShares TIPS Bond ETF
TIP
+$10M
4
KHC icon
Kraft Heinz
KHC
+$9.33M
5
PSX icon
Phillips 66
PSX
+$8.74M

Top Sells

Rank Stock Value
1
CRH icon
CRH
CRH
+$23.8M
2
GOOGL icon
Alphabet (Google) Class A
GOOGL
+$23.6M
3
LNG icon
Cheniere Energy
LNG
+$13.2M
4
AMCR icon
Amcor
AMCR
+$9.83M
5
LIVN icon
LivaNova
LIVN
+$9.42M

Sector Composition

Rank Sector Weight
1 Financials 17.68%
2 Technology 15.03%
3 Industrials 14.39%
4 Consumer Discretionary 11.22%
5 Healthcare 9.11%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
CPNG icon
401
Coupang
CPNG
$29.4B
$2.23M 0.09%
74,440
-110,742
-60% -$2.84M
PK icon
402
Park Hotels & Resorts
PK
$2.89B
$2.23M 0.09%
+217,658
New +$2.22M
SPOT icon
403
Spotify
SPOT
$97.7B
$2.22M 0.09%
2,897
+1,521
+111% +$976K
WGS icon
404
GeneDx Holdings
WGS
$2.08B
$2.22M 0.09%
24,055
+13,470
+127% +$1.06M
HCC icon
405
Warrior Met Coal
HCC
$4.73B
$2.22M 0.09%
48,436
+12,433
+35% +$577K
META icon
406
Meta Platforms (Facebook)
META
$1.5T
$2.21M 0.09%
2,991
+1,735
+138% +$1.07M
GEF icon
407
Greif
GEF
$5.07B
$2.21M 0.09%
33,946
+17,903
+112% +$1.02M
AHR icon
408
American Healthcare REIT
AHR
$10.5B
$2.21M 0.09%
60,039
-8,426
-12% -$280K
AEVA
409
Aeva Technologies
AEVA
$1.73B
$2.2M 0.09%
+58,297
New +$886K
RYTM icon
410
Rhythm Pharmaceuticals
RYTM
$7.72B
$2.2M 0.09%
34,829
+9,420
+37% +$577K
ESGR
411
DELISTED
Enstar Group
ESGR
$2.19M 0.09%
6,520
-15,430
-70% -$5.16M
HCSG icon
412
Healthcare Services Group
HCSG
$1.51B
$2.19M 0.09%
+145,855
New +$1.93M
DOW icon
413
Dow Inc
DOW
$21.9B
$2.15M 0.09%
81,150
-54,052
-40% -$1.57M
SPNT icon
414
SiriusPoint
SPNT
$2.75B
$2.14M 0.09%
+105,123
New +$1.93M
ADPT icon
415
Adaptive Biotechnologies
ADPT
$3.75B
$2.14M 0.09%
183,968
+29,387
+19% +$267K
INSP icon
416
Inspire Medical Systems
INSP
$1.7B
$2.13M 0.08%
16,403
+6,516
+66% +$945K
GPN icon
417
Global Payments
GPN
$23.2B
$2.13M 0.08%
26,567
-23,706
-47% -$1.88M
ACM icon
418
Aecom
ACM
$9.63B
$2.12M 0.08%
18,820
-12,538
-40% -$1.3M
JXN icon
419
Jackson Financial
JXN
$9.03B
$2.12M 0.08%
23,853
+10,095
+73% +$818K
NTRA icon
420
Natera
NTRA
$38B
$2.12M 0.08%
+12,535
New +$1.95M
HG icon
421
Hamilton Insurance Group
HG
$3.53B
$2.12M 0.08%
97,856
-79,306
-45% -$1.6M
UFPI icon
422
UFP Industries
UFPI
$5.07B
$2.11M 0.08%
21,280
+19,399
+1,031% +$1.96M
ACHC icon
423
Acadia Healthcare
ACHC
$2.86B
$2.11M 0.08%
92,959
+51,233
+123% +$1.21M
WABC icon
424
Westamerica Bancorp
WABC
$1.38B
$2.1M 0.08%
43,449
-983
-2% -$47.1K
LIVN icon
425
LivaNova
LIVN
$4.17B
$2.1M 0.08%
46,715
-228,339
-83% -$9.42M
15 16
17
18 19

Similar funds

PL
Parkwood LLC Cleveland, Ohio $1.13B AUM 32.89% 1-Year Est. Return
EC
Estate Counselors Thiensville, Wisconsin $1.12B AUM 20.13% 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
SL
Salomon & Ludwin Richmond, Virginia $1.12B AUM 14.38% 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

Dark Forest Capital Management's Q2 2025 Portfolio in Review

As of Q2 2025, Dark Forest Capital Management held 1,581 positions worth $2.51B, up 14% from $2.2B the previous quarter. Its ten largest holdings account for 6.1% of the portfolio.

Dark Forest Capital Management deployed $165M of net new capital in Q2 2025, opening 385 new positions and adding to 403 existing holdings. Its largest new stake was iShares TIPS Bond ETF: 91,743 shares worth $10.1M.

By sector, the portfolio is most concentrated in Financials at 18% of assets, up from 16% a quarter earlier, followed by Technology and Industrials.

On the sell side, the largest reduction was Cheniere Energy, an estimated $13.2M trimmed.

  • Dark Forest Capital Management's largest Q2 2025 buy was iShares TIPS Bond ETF: 91,743 shares worth $10.1M.
  • Dark Forest Capital Management added most to Simon Property Group in Q2 2025, an estimated $15M increase.
  • Dark Forest Capital Management's biggest Q2 2025 reduction was Cheniere Energy, cutting an estimated $13.2M.
  • Dark Forest Capital Management fully exited CRH in Q2 2025, selling an estimated $23.8M.
  • Dark Forest Capital Management's ten largest holdings make up 6.1% of its $2.51B portfolio in Q2 2025.
  • Dark Forest Capital Management opened 385 new positions and closed 439 in Q2 2025.
  • Dark Forest Capital Management's portfolio value rose 14% quarter-over-quarter to $2.51B.

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