DFCM

Dark Forest Capital Management Portfolio holdings

AUM $2.49B

1-Year Est. Return 12.67%

This Quarter Est. Return

1 Year Est. Return

+12.67%

3 Year Est. Return

5 Year Est. Return

10 Year Est. Return

AUM

$2.49B

AUM Growth

+$307M (+14%)

Cap. Flow

Cap. Flow % of AUM

Top 10 Holdings % Top 10 Hldgs %

Holding

1,578

New

Increased

Reduced

Closed

Top Buys

1		+$15.2M
2		+$10.6M
3		+$10.1M
4	Phillips 66 PSX	+$9.31M
5	Bank of America BAC	+$9.19M

Top Sells

1		+$23.8M
2		+$23.6M
3		+$13.9M
4	LivaNova LIVN	+$10.3M
5	Amcor AMCR	+$9.79M

Sector Composition

1	Financials	17.81%
2	Technology	15.33%
3	Industrials	14.47%
4	Consumer Discretionary	11.39%
5	Healthcare	9.19%

Communication Services

Advertising Agencies

Broadcasting

Electronic Gaming & Multimedia

Entertainment

Internet Content & Information

Publishing

Telecom Services

Consumer Discretionary

Apparel Manufacturing

Apparel Retail

Auto Manufacturers

Auto Parts

Auto & Truck Dealerships

Department Stores

Footwear & Accessories

Furnishings, Fixtures & Appliances

Gambling

Home Improvement Retail

Internet Retail

Leisure

Lodging

Luxury Goods

Packaging & Containers

Personal Services

Recreational Vehicles

Residential Construction

Resorts & Casinos

Restaurants

Specialty Retail

Textile Manufacturing

Travel Services

Consumer Staples

Beverages - Brewers

Beverages - Non-Alcoholic

Beverages - Wineries & Distilleries

Confectioners

Discount Stores

Education & Training Services

Farm Products

Food Distribution

Grocery Stores

Household & Personal Products

Packaged Foods

Tobacco

Energy

Oil & Gas Drilling

Oil & Gas Equipment & Services

Oil & Gas Exploration & Production

Oil & Gas Integrated

Oil & Gas Midstream

Oil & Gas Refining & Marketing

Thermal Coal

Uranium

Financials

Asset Management

Banks - Diversified

Banks - Regional

Capital Markets

Credit Services

Diversified Insurance

Financial Conglomerates

Financial Data & Stock Exchanges

Insurance Brokers

Life Insurance

Mortgage Finance

Property & Casualty Insurance

Reinsurance

Shell Companies

Specialty - Insurance

Healthcare

Biotechnology

Diagnostics & Research

Drug Manufacturers - General

Drug Manufacturers - Specialty & Generic

Healthcare Plans

Health Information Services

Medical Care Facilities

Medical Devices

Medical Distribution

Medical Instruments & Supplies

Pharmaceutical Retailers

Industrials

Aerospace & Defense

Airlines

Airports & Air Services

Building Products & Equipment

Business Equipment & Supplies

Conglomerates

Consulting Services

Electrical Equipment & Parts

Engineering & Construction

Farm & Heavy Construction Machinery

Industrial Distribution

Infrastructure Operations

Integrated Freight & Logistics

Marine Shipping

Metal Fabrication

Pollution & Treatment Controls

Railroads

Rental & Leasing Services

Security & Protection Services

Specialty Business Services

Specialty Industrial Machinery

Staffing & Employment Services

Tools & Accessories

Trucking

Waste Management

Materials

Agricultural Inputs

Aluminum

Building Materials

Chemicals

Coking Coal

Copper

Gold

Lumber & Wood Production

Other Industrial Metals & Mining

Other Precious Metals & Mining

Paper & Paper Products

Silver

Specialty Chemicals

Steel

Real Estate

Diversified REIT

Healthcare Facilities REIT

Hotel & Motel REIT

Industrial REIT

Mortgage REIT

Office REIT

Real Estate Development

Real Estate Diversified

Real Estate Services

Residential REIT

Retail REIT

Specialty REIT

Technology

Communication Equipment

Computer Hardware

Consumer Electronics

Electronic Components

Electronics & Computer Distribution

Information Technology Services

Scientific & Technical Instruments

Semiconductor Equipment & Materials

Semiconductors

Software - Application

Software - Infrastructure

Solar

Utilities

Diversified Utilities

Electric Utilities

Gas Utilities

Independent Power Producers

Renewable Electricity

Water Utilities

#	Name	Market Value	Portfolio Weight	Shares or Principal
876	876 Petrobras PBR $84.9B	$625K	0.02%	+49,950
877	877 American Tower AMT $85.9B	$624K	0.02%	+2,825
878	878 Cohu COHU $1.03B	$623K	0.02%	+32,371
879	879 Vaxcyte PCVX $6.37B	$621K	0.02%	+19,099
880	880 ATI ATI $13.5B	$620K	0.02%	7,182 -57,254
881	881 Moog Inc Class A MOG.A $6.38B	$619K	0.02%	+3,418
882	882 FormFactor FORM $3.89B	$618K	0.02%	+17,948
883	883 Li Auto LI $20B	$617K	0.02%	+22,747
884	884 Asana ASAN $3B	$612K	0.02%	+45,319
885	885 Nucor NUE $33.8B	$611K	0.02%	4,713 -6,887
886	886 Harley-Davidson HOG $2.92B	$604K	0.02%	+25,573
887	887 Merit Medical Systems MMSI $5.05B	$596K	0.02%	+6,378
888	888 Monro MNRO $523M	$595K	0.02%	39,895 -49,592
889	889 B&G Foods BGS $365M	$592K	0.02%	+139,936
890	890 Unifirst Corp UNF $2.92B	$590K	0.02%	+3,133
891	891 Donaldson DCI $9.91B	$583K	0.02%	+8,409
892	892 Incyte INCY $20.4B	$582K	0.02%	8,552 +871
893	893 Corsair Gaming CRSR $647M	$582K	0.02%	+61,669
894	894 Treehouse Foods THS $1.2B	$581K	0.02%	29,914 -184,099
895	895 Sally Beauty Holdings SBH $1.38B	$565K	0.02%	61,017 +20,029
896	896 Frontline FRO $5.67B	$565K	0.02%	34,409 -9,090
897	897 StoneX SNEX $4.68B	$560K	0.02%	6,148 +416
898	898 Coursera COUR $1.41B	$559K	0.02%	63,830 -120,963
899	899 Carpenter Technology CRS $16.5B	$553K	0.02%	+2,000
900	900 Lyft LYFT $9.24B	$553K	0.02%	35,072 -24,855