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
AEIS icon
476
Advanced Energy
AEIS
$13B
$1.89M 0.08%
14,231
+4,570
+47% +$503K
YUM icon
477
Yum! Brands
YUM
$41.1B
$1.88M 0.07%
+12,673
New +$1.85M
ILMN icon
478
Illumina
ILMN
$28.4B
$1.85M 0.07%
19,439
-15,261
-44% -$1.24M
BE icon
479
Bloom Energy
BE
$64.6B
$1.85M 0.07%
77,386
-43,239
-36% -$837K
PAYX icon
480
Paychex
PAYX
$42.7B
$1.85M 0.07%
+12,690
New +$1.91M
HRI icon
481
Herc Holdings
HRI
$5.61B
$1.84M 0.07%
13,946
-9,562
-41% -$1.16M
CROX icon
482
Crocs
CROX
$6.55B
$1.83M 0.07%
18,118
+5,699
+46% +$581K
WEX icon
483
WEX
WEX
$6.31B
$1.83M 0.07%
+12,488
New +$1.68M
WVE icon
484
Wave Life Sciences
WVE
$1.2B
$1.82M 0.07%
280,765
+83,549
+42% +$552K
ONTO icon
485
Onto Innovation
ONTO
$15.3B
$1.82M 0.07%
+18,065
New +$1.93M
CSGP icon
486
CoStar Group
CSGP
$12.3B
$1.82M 0.07%
22,653
+19,407
+598% +$1.51M
UMH
487
UMH Properties
UMH
$1.36B
$1.81M 0.07%
108,017
+19,177
+22% +$328K
APLS
488
DELISTED
Apellis Pharmaceuticals
APLS
$1.81M 0.07%
+104,725
New +$1.94M
ANF icon
489
Abercrombie & Fitch
ANF
$5B
$1.81M 0.07%
+21,835
New +$1.66M
PKG icon
490
Packaging Corp of America
PKG
$22.8B
$1.81M 0.07%
+9,584
New +$1.81M
DCOM icon
491
Dime Commercial Bancshares
DCOM
$1.78B
$1.81M 0.07%
67,041
+42,016
+168% +$1.1M
ALGT icon
492
Allegiant Air
ALGT
$2.57B
$1.81M 0.07%
32,863
-2,112
-6% -$109K
LOB icon
493
Live Oak Bancshares
LOB
$1.97B
$1.79M 0.07%
60,079
-8,788
-13% -$237K
FBK icon
494
FB Financial Corp
FBK
$3.04B
$1.79M 0.07%
39,454
+32,384
+458% +$1.41M
EHC icon
495
Encompass Health
EHC
$12.4B
$1.79M 0.07%
14,565
-37,416
-72% -$4.27M
FOLD
496
DELISTED
Amicus Therapeutics
FOLD
$1.79M 0.07%
311,561
-315,276
-50% -$2.03M
PLUS icon
497
ePlus
PLUS
$2.34B
$1.78M 0.07%
+24,740
New +$1.63M
AAT
498
American Assets Trust
AAT
$1.4B
$1.78M 0.07%
90,259
+31,786
+54% +$618K
ZM icon
499
Zoom
ZM
$30.6B
$1.78M 0.07%
+22,844
New +$1.77M
AME icon
500
Ametek
AME
$58.2B
$1.77M 0.07%
+9,801
New +$1.69M
18 19
20
21 22

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 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.