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
JPM icon
51
JPMorgan Chase
JPM
$907B
$4.25M 0.38%
14,443
+10,576
+273% +$3.21M
CPB icon
52
Campbell Soup
CPB
$6.58B
$4.24M 0.38%
+190,170
New +$4.88M
AMZN icon
53
Amazon
AMZN
$2.66T
$4.15M 0.37%
19,949
-12,442
-38% -$2.74M
MRVL icon
54
Marvell Technology
MRVL
$169B
$4.03M 0.36%
40,720
-44,260
-52% -$3.72M
MKL icon
55
Markel Group
MKL
$24.7B
$3.99M 0.35%
2,087
-91
-4% -$185K
GPOR icon
56
Gulfport Energy Corp
GPOR
$2.75B
$3.99M 0.35%
18,851
+937
+5% +$186K
CCK icon
57
Crown Holdings
CCK
$13.1B
$3.95M 0.35%
39,434
-810
-2% -$86.6K
LLY icon
58
Eli Lilly
LLY
$1.05T
$3.9M 0.35%
4,243
-3,744
-47% -$3.8M
HEI.A icon
59
HEICO Corp Class A
HEI.A
$34.9B
$3.8M 0.34%
18,000
– –
POOL icon
60
Pool Corp
POOL
$7.33B
$3.79M 0.34%
18,711
+9,392
+101% +$2.21M
WM icon
61
Waste Management
WM
$96.1B
$3.77M 0.33%
16,407
-6,863
-29% -$1.58M
HHH icon
62
Howard Hughes
HHH
$4.19B
$3.75M 0.33%
59,357
+33,589
+130% +$2.52M
SEB icon
63
Seaboard Corp
SEB
$4.34B
$3.55M 0.32%
628
-270
-30% -$1.35M
KMI icon
64
Kinder Morgan
KMI
$71.9B
$3.53M 0.31%
105,363
+11,400
+12% +$356K
NTST
65
NETSTREIT Corp
NTST
$2.17B
$3.52M 0.31%
187,042
-13,715
-7% -$264K
NVDA icon
66
NVIDIA
NVDA
$4.91T
$3.51M 0.31%
20,136
-12,304
-38% -$2.26M
MCK icon
67
McKesson
MCK
$98.5B
$3.48M 0.31%
4,021
-1,956
-33% -$1.75M
COST icon
68
Costco
COST
$417B
$3.46M 0.31%
3,473
+2,755
+384% +$2.68M
SIRI icon
69
SiriusXM
SIRI
$10.3B
$3.45M 0.31%
149,544
-94,672
-39% -$2.03M
FRME icon
70
First Merchants
FRME
$2.81B
$3.4M 0.3%
87,816
-7,060
-7% -$276K
WMT icon
71
Walmart Inc
WMT
$909B
$3.34M 0.3%
26,847
-128,071
-83% -$15.7M
BBT
72
Beacon Financial Corp
BBT
$2.58B
$3.32M 0.3%
110,760
+79,864
+258% +$2.33M
DPZ icon
73
Domino's
DPZ
$10.7B
$3.26M 0.29%
9,097
+3,270
+56% +$1.29M
GTX icon
74
Garrett Motion
GTX
$5.95B
$3.25M 0.29%
178,669
-80,441
-31% -$1.5M
MOD icon
75
Modine Manufacturing
MOD
$12.2B
$3.23M 0.29%
14,911
-48,905
-77% -$9.21M
1 2
3
4 5

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
JLBC
J.L. Bainbridge & Co Sarasota, Florida $1.12B AUM 25.58% 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

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.