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
-5.08%
1 Year Est. Return
+18.74%
3 Year Est. Return
+51.22%
5 Year Est. Return
+55.27%
10 Year Est. Return
–
AUM
$2.2B
AUM Growth
+$1.52B
Cap. Flow
+$1.68B
Cap. Flow %
76.49%
Top 10 Hldgs %
7.16%
Holding
1,491
New
604
Increased
497
Reduced
92
Closed
295

Top Buys

Rank Stock Value
1
LNG icon
Cheniere Energy
LNG
+$27.3M
2
CRH icon
CRH
CRH
+$12.6M
3
MSFT icon
Microsoft
MSFT
+$12.2M
4
AMCR icon
Amcor
AMCR
+$12.2M
5
LIVN icon
LivaNova
LIVN
+$11.2M

Top Sells

Rank Stock Value
1
TTD icon
Trade Desk
TTD
+$9.58M
2
APP icon
Applovin
APP
+$6.9M
3
HYG icon
iShares iBoxx $ High Yield Corporate Bond ETF
HYG
+$5M
4
VWO icon
Vanguard FTSE Emerging Markets ETF
VWO
+$4.89M
5
GWRE icon
Guidewire Software
GWRE
+$4.75M

Sector Composition

Rank Sector Weight
1 Financials 16.4%
2 Industrials 14.7%
3 Technology 12.79%
4 Consumer Discretionary 11.74%
5 Healthcare 9.91%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
BMI icon
951
Badger Meter
BMI
$4.03B
$453K 0.02%
2,379
+446
+23% +$93.1K
IRT icon
952
Independence Realty Trust
IRT
$4.07B
$448K 0.02%
+21,083
New +$425K
PLMR icon
953
Palomar
PLMR
$3.45B
$447K 0.02%
+3,260
New +$386K
HY icon
954
Hyster-Yale Materials Handling
HY
$665M
$446K 0.02%
+10,732
New +$534K
EMN icon
955
Eastman Chemical
EMN
$8.42B
$442K 0.02%
+5,011
New +$473K
NUVL
956
DELISTED
Nuvalent
NUVL
$441K 0.02%
+6,222
New +$486K
ATHM icon
957
Autohome
ATHM
$2.62B
$441K 0.02%
+15,917
New +$452K
WMK icon
958
Weis Markets
WMK
$1.86B
$440K 0.02%
+5,707
New +$410K
MKL icon
959
Markel Group
MKL
$23.2B
$439K 0.02%
235
-265
-53% -$488K
ETNB
960
DELISTED
89bio
ETNB
$439K 0.02%
60,421
+47,102
+354% +$412K
NET icon
961
Cloudflare
NET
$107B
$439K 0.02%
+3,893
New +$516K
TAL icon
962
TAL Education Group
TAL
$6.87B
$438K 0.02%
33,189
+21,795
+191% +$272K
AMAT icon
963
Applied Materials
AMAT
$428B
$438K 0.02%
3,020
+513
+20% +$86.3K
SNEX icon
964
StoneX
SNEX
$7.94B
$438K 0.02%
+12,897
New +$433K
WEN icon
965
Wendy's
WEN
$1.46B
$436K 0.02%
29,835
+11,888
+66% +$179K
EWBC icon
966
East-West Bancorp
EWBC
$18B
$436K 0.02%
+4,861
New +$464K
TTMI icon
967
TTM Technologies
TTMI
$14.5B
$436K 0.02%
+21,250
New +$514K
SIG icon
968
Signet Jewelers
SIG
$3.76B
$436K 0.02%
+7,506
New +$430K
SPT icon
969
Sprout Social
SPT
$621M
$435K 0.02%
19,767
+5,559
+39% +$162K
USLM icon
970
United States Lime & Minerals
USLM
$3.44B
$431K 0.02%
4,878
+3,340
+217% +$347K
IRM icon
971
Iron Mountain
IRM
$36.1B
$430K 0.02%
+4,994
New +$481K
HAIN icon
972
Hain Celestial
HAIN
$53.7M
$429K 0.02%
+103,286
New +$462K
PRCT icon
973
Procept Biorobotics
PRCT
$1.17B
$427K 0.02%
7,334
+724
+11% +$49.4K
UBER icon
974
Uber
UBER
$153B
$423K 0.02%
5,799
+2,385
+70% +$172K
VNO icon
975
Vornado Realty Trust
VNO
$7.38B
$421K 0.02%
11,388
-570
-5% -$22.9K
37 38
39
40 41

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 Q1 2025 Portfolio in Review

As of Q1 2025, Dark Forest Capital Management held 1,491 positions worth $2.2B, up 225% from $678M the previous quarter. Its ten largest holdings account for 7.2% of the portfolio.

Dark Forest Capital Management deployed $1.68B of net new capital in Q1 2025, opening 604 new positions and adding to 497 existing holdings. Its largest new stake was Palo Alto Networks: 55,911 shares worth $9.54M.

By sector, the portfolio is most concentrated in Financials at 16% of assets, up from 14% a quarter earlier, followed by Industrials and Technology.

On the sell side, the largest reduction was Applovin, an estimated $6.9M trimmed.

  • Dark Forest Capital Management's largest Q1 2025 buy was Palo Alto Networks: 55,911 shares worth $9.54M.
  • Dark Forest Capital Management added most to Cheniere Energy in Q1 2025, an estimated $27.3M increase.
  • Dark Forest Capital Management's biggest Q1 2025 reduction was Applovin, cutting an estimated $6.9M.
  • Dark Forest Capital Management fully exited Trade Desk in Q1 2025, selling an estimated $9.58M.
  • Dark Forest Capital Management's ten largest holdings make up 7.2% of its $2.2B portfolio in Q1 2025.
  • Dark Forest Capital Management opened 604 new positions and closed 295 in Q1 2025.
  • Dark Forest Capital Management's portfolio value rose 225% quarter-over-quarter to $2.2B.

Based on Dark Forest Capital Management's 13F filing for Q1 2025, filed 15 May 2025.