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
+10.07%
1 Year Est. Return
+18.74%
3 Year Est. Return
+51.22%
5 Year Est. Return
+55.27%
10 Year Est. Return
–
AUM
$666M
AUM Growth
-$632M
(-49%)
Cap. Flow
-$687M
Cap. Flow
% of AUM
-103.08%
Top 10 Holdings %
Top 10 Hldgs %
40.61%
Holding
1,194
New
130
Increased
97
Reduced
186
Closed
768
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Alphabet (Google) Class A
GOOGL
|
+$93.3M |
| 2 |
P
Everpure Inc
P
|
+$18.1M |
| 3 |
iShares iBoxx $ High Yield Corporate Bond ETF
HYG
|
+$15.9M |
| 4 |
Workday
WDAY
|
+$15.8M |
| 5 |
Applovin
APP
|
+$15.5M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
lululemon athletica
LULU
|
+$17.1M |
| 2 |
Kohl's
KSS
|
+$11.8M |
| 3 |
Vanguard Mortgage-Backed Securities ETF
VMBS
|
+$11.6M |
| 4 |
Vanguard Short-Term Corporate Bond ETF
VCSH
|
+$8.19M |
| 5 |
CNGL
Canna-Global Acquisition Corp. Class A Common Stock
CNGL
|
+$5.88M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Communication Services | 26.63% |
| 2 | Technology | 15.32% |
| 3 | Financials | 8.5% |
| 4 | Industrials | 8.5% |
| 5 | Consumer Discretionary | 7.4% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
701
Flex
FLEX
$44.8B
| – | – |
-59,390
| Closed | -$1.21M |
|
702
Flowers Foods
FLO
$1.57B
| – | – |
-126,200
| Closed | -$2.8M |
|
703
FMC
FMC
$1.33B
| – | – |
-28,455
| Closed | -$1.91M |
|
704
Fidelity National Financial
FNF
$13.5B
| – | – |
-8,821
| Closed | -$364K |
|
705
First Industrial Realty Trust
FR
$8.44B
| – | – |
-26,241
| Closed | -$1.25M |
|
706
Freshworks
FRSH
$3.27B
| – | – |
-121,700
| Closed | -$2.42M |
|
707
Freshpet
FRPT
$3.22B
| – | – |
-12,018
| Closed | -$792K |
|
708
FS KKR Capital
FSK
$3.44B
| – | – |
-36,055
| Closed | -$710K |
|
709
Fastly Inc
FSLY
$3.66B
| – | – |
-15,087
| Closed | -$289K |
|
710
Frontdoor
FTDR
$6.26B
| – | – |
-29,615
| Closed | -$906K |
|
711
TechnipFMC
FTI
$27.3B
| – | – |
-20,778
| Closed | -$423K |
|
712
Forward Air
FWRD
$654M
| – | – |
-7,297
| Closed | -$502K |
|
|
TDAY
713
USA Today Co
TDAY
$1.06B
| – | – |
-101,253
| Closed | -$248K |
|
714
Genesco
GCO
$422M
| – | – |
-17,300
| Closed | -$533K |
|
715
GoodRx Holdings
GDRX
$1.26B
| – | – |
-435,912
| Closed | -$2.45M |
|
716
Grid Dynamics Holdings
GDYN
$615M
| – | – |
-21,333
| Closed | -$260K |
|
717
Gen Digital
GEN
$17.5B
| – | – |
-55,206
| Closed | -$976K |
|
|
GES
718
DELISTED
Guess Inc
GES
| – | – |
-22,860
| Closed | -$495K |
|
719
Guardant Health
GH
$22.6B
| – | – |
-38,340
| Closed | -$1.14M |
|
720
Graham Holdings Company
GHC
$5.02B
| – | – |
-4,341
| Closed | -$2.53M |
|
721
G-III Apparel Group
GIII
$1.5B
| – | – |
-28,895
| Closed | -$720K |
|
722
Gilead Sciences
GILD
$165B
| – | – |
-8,354
| Closed | -$626K |
|
723
General Mills
GIS
$19.7B
| – | – |
-12,261
| Closed | -$785K |
|
724
Golar LNG
GLNG
$5.13B
| – | – |
-20,690
| Closed | -$502K |
|
725
Gaming and Leisure Properties
GLPI
$12.8B
| – | – |
-42,413
| Closed | -$1.93M |
|
Similar funds
PL
AT
WM
OHIF
HMCP
C
ACM
CNC
Dark Forest Capital Management's Q4 2023 Portfolio in Review
As of Q4 2023, Dark Forest Capital Management held 1,194 positions worth $666M, down 49% from $1.3B the previous quarter. Its ten largest holdings account for 41% of the portfolio.
Dark Forest Capital Management withdrew a net $687M in Q4 2023, closing 768 positions and reducing 186 holdings. Its most notable exit was lululemon athletica, an estimated $17.1M position sold in full.
By sector, the portfolio is most concentrated in Communication Services at 27% of assets, up from 6.2% a quarter earlier, followed by Technology and Financials.
Against the trend, Dark Forest Capital Management opened a new position in Everpure Inc worth $18.4M.
- Dark Forest Capital Management's largest Q4 2023 buy was Everpure Inc: 514,899 shares worth $18.4M.
- Dark Forest Capital Management added most to Alphabet (Google) Class A in Q4 2023, an estimated $93.3M increase.
- Dark Forest Capital Management's biggest Q4 2023 reduction was Kohl's, cutting an estimated $11.8M.
- Dark Forest Capital Management fully exited lululemon athletica in Q4 2023, selling an estimated $17.1M.
- Dark Forest Capital Management's ten largest holdings make up 41% of its $666M portfolio in Q4 2023.
- Dark Forest Capital Management opened 130 new positions and closed 768 in Q4 2023.
- Dark Forest Capital Management's portfolio value fell 49% quarter-over-quarter to $666M.
Based on Dark Forest Capital Management's 13F filing for Q4 2023, filed 14 Feb 2024.