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
-0.95%
1 Year Est. Return
+18.74%
3 Year Est. Return
+51.22%
5 Year Est. Return
+55.27%
10 Year Est. Return
–
AUM
$1.13B
AUM Growth
-$1.06B
Cap. Flow
-$1.04B
Cap. Flow %
-92.28%
Top 10 Hldgs %
8.34%
Holding
1,215
New
284
Increased
139
Reduced
338
Closed
449

Top Buys

Rank Stock Value
1
CDE icon
Coeur Mining
CDE
+$11.4M
2
TPG icon
TPG
TPG
+$9.58M
3
SOFI icon
SoFi Technologies
SOFI
+$7.05M
4
FWONK icon
Liberty Media Series C
FWONK
+$6.49M
5
Z icon
Zillow
Z
+$6.11M

Top Sells

Rank Stock Value
1
EEM icon
iShares MSCI Emerging Markets ETF
EEM
+$30.9M
2
WMT icon
Walmart Inc
WMT
+$15.7M
3
CVX icon
Chevron
CVX
+$15M
4
SPG icon
Simon Property Group
SPG
+$12.5M
5
BROS icon
Dutch Bros
BROS
+$9.95M

Sector Composition

Rank Sector Weight
1 Financials 21.03%
2 Technology 15.44%
3 Industrials 15.31%
4 Consumer Discretionary 12.17%
5 Healthcare 9.63%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
NP
701
Neptune Insurance Holdings
NP
$3.98B
$257K 0.02%
+10,616
New +$246K
AMH icon
702
American Homes 4 Rent
AMH
$12B
$256K 0.02%
9,152
-56,935
-86% -$1.72M
CNOB icon
703
Center Bancorp
CNOB
$1.57B
$254K 0.02%
+9,502
New +$255K
ELAN icon
704
Elanco Animal Health
ELAN
$12.3B
$254K 0.02%
10,626
-115,303
-92% -$2.82M
OGE icon
705
OGE Energy
OGE
$10.2B
$254K 0.02%
+5,295
New +$242K
APH icon
706
Amphenol
APH
$193B
$251K 0.02%
1,989
-1,549
-44% -$218K
AVAH icon
707
Aveanna Healthcare
AVAH
$1.99B
$251K 0.02%
+38,941
New +$301K
FFIV icon
708
F5
FFIV
$22.2B
$249K 0.02%
+862
New +$239K
EMR icon
709
Emerson Electric
EMR
$80.5B
$248K 0.02%
+1,890
New +$272K
LEN icon
710
Lennar Class A
LEN
$19.5B
$247K 0.02%
2,847
-19,228
-87% -$2.08M
FOR icon
711
Forestar Group
FOR
$1.4B
$247K 0.02%
10,091
-48,212
-83% -$1.29M
EXE
712
Expand Energy Corp
EXE
$22.1B
$243K 0.02%
+2,216
New +$237K
UTZ icon
713
Utz Brands
UTZ
$1.25B
$243K 0.02%
+30,700
New +$285K
MCRI icon
714
Monarch Casino & Resort
MCRI
$2.1B
$239K 0.02%
2,504
-11,492
-82% -$1.09M
AMPL icon
715
Amplitude
AMPL
$1.02B
$237K 0.02%
+34,733
New +$287K
NVRI icon
716
Enviri
NVRI
$633M
$235K 0.02%
11,981
-184,696
-94% -$3.43M
BW icon
717
Babcock & Wilcox
BW
$1.63B
$235K 0.02%
+15,983
New +$168K
BE icon
718
Bloom Energy
BE
$63.5B
$233K 0.02%
+1,719
New +$252K
CELC icon
719
Celcuity
CELC
$4.4B
$232K 0.02%
2,035
-11,683
-85% -$1.27M
AKAM icon
720
Akamai
AKAM
$17.4B
$228K 0.02%
+1,989
New +$199K
DEI icon
721
Douglas Emmett
DEI
$2.03B
$228K 0.02%
24,167
-225,159
-90% -$2.32M
COLB icon
722
Columbia Banking Systems
COLB
$9.2B
$227K 0.02%
8,278
-96,922
-92% -$2.8M
SHLS icon
723
Shoals Technologies Group
SHLS
$1.67B
$226K 0.02%
34,274
-22,936
-40% -$188K
LIND icon
724
Lindblad Expeditions
LIND
$1.78B
$225K 0.02%
+13,031
New +$231K
CTS icon
725
CTS Corp
CTS
$1.72B
$224K 0.02%
+4,690
New +$235K
27 28
29
30 31

Similar funds

PL
Parkwood LLC Cleveland, Ohio $1.13B AUM 32.89% 1-Year Est. Return
FBFS
First Business Financial Services Madison, Wisconsin $1.12B AUM 22.16% 1-Year Est. Return
EC
Estate Counselors Thiensville, Wisconsin $1.12B AUM 20.13% 1-Year Est. Return
IP
Indivisible Partners Clearwater, Florida $1.13B AUM
WA
Wealth Architects Mountain View, California $1.12B AUM 24.94% 1-Year Est. Return
AT
American Trust Lexington, Kentucky $1.13B AUM 17.56% 1-Year Est. Return
JAFL
Jay A. Fishman Ltd Troy, Michigan $1.12B AUM 32.75% 1-Year Est. Return
WM
WS Management Jacksonville, Florida $1.13B AUM 53.44% 1-Year Est. Return

Dark Forest Capital Management's Q1 2026 Portfolio in Review

As of Q1 2026, Dark Forest Capital Management held 1,215 positions worth $1.13B, down 49% from $2.19B the previous quarter. Its ten largest holdings account for 8.3% of the portfolio.

Dark Forest Capital Management withdrew a net $1.04B in Q1 2026, closing 449 positions and reducing 338 holdings. Its most notable exit was Chevron, an estimated $15M position sold in full.

By sector, the portfolio is most concentrated in Financials at 21% of assets, up from 18% a quarter earlier, followed by Technology and Industrials.

Against the trend, Dark Forest Capital Management opened a new position in Liberty Media Series C worth $6.31M.

  • Dark Forest Capital Management's largest Q1 2026 buy was Liberty Media Series C: 74,238 shares worth $6.31M.
  • Dark Forest Capital Management added most to Coeur Mining in Q1 2026, an estimated $11.4M increase.
  • Dark Forest Capital Management's biggest Q1 2026 reduction was iShares MSCI Emerging Markets ETF, cutting an estimated $30.9M.
  • Dark Forest Capital Management fully exited Chevron in Q1 2026, selling an estimated $15M.
  • Dark Forest Capital Management's ten largest holdings make up 8.3% of its $1.13B portfolio in Q1 2026.
  • Dark Forest Capital Management opened 284 new positions and closed 449 in Q1 2026.
  • Dark Forest Capital Management's portfolio value fell 49% quarter-over-quarter to $1.13B.

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