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
ICVT icon
1326
iShares Convertible Bond ETF
ICVT
$7.35B
– –
-15,990
Closed -$1.36M
IDA icon
1327
Idacorp
IDA
$8.2B
– –
-6,839
Closed -$747K
BRSL
1328
Brightstar Lottery PLC
BRSL
$2.03B
– –
-25,949
Closed -$458K
IMKTA icon
1329
Ingles Markets
IMKTA
$1.67B
– –
-6,837
Closed -$441K
IOSP icon
1330
Innospec
IOSP
$2.28B
– –
-2,631
Closed -$290K
IP icon
1331
International Paper
IP
$22B
– –
-11,310
Closed -$609K
ITGR icon
1332
Integer Holdings
ITGR
$4.26B
– –
-2,532
Closed -$336K
JBLU icon
1333
JetBlue
JBLU
$2.29B
– –
-28,039
Closed -$220K
JEF icon
1334
Jefferies Financial Group
JEF
$13.1B
– –
-4,016
Closed -$315K
JNK icon
1335
State Street SPDR Bloomberg High Yield Bond ETF
JNK
$6.92B
– –
-15,214
Closed -$1.45M
KAI icon
1336
Kadant
KAI
$3.99B
– –
-8,230
Closed -$2.84M
KMT icon
1337
Kennametal
KMT
$2.52B
– –
-36,658
Closed -$881K
KSS icon
1338
Kohl's
KSS
$2.19B
– –
-21,876
Closed -$307K
KTB icon
1339
Kontoor Brands
KTB
$4.26B
– –
-2,632
Closed -$225K
KURA icon
1340
Kura Oncology
KURA
$850M
– –
-17,538
Closed -$153K
LCID icon
1341
Lucid Motors
LCID
$2.77B
– –
-3,734
Closed -$113K
LDOS icon
1342
Leidos
LDOS
$17.3B
– –
-1,703
Closed -$245K
LEN icon
1343
Lennar Class A
LEN
$21.2B
– –
-3,016
Closed -$398K
LFST icon
1344
Lifestance Health
LFST
$4.14B
– –
-48,497
Closed -$357K
LI icon
1345
Li Auto
LI
$12.7B
– –
-15,179
Closed -$364K
LII icon
1346
Lennox International
LII
$15.2B
– –
-2,987
Closed -$1.82M
LITE icon
1347
Lumentum
LITE
$69.3B
– –
-5,582
Closed -$469K
LOW icon
1348
Lowe's Companies
LOW
$125B
– –
-1,507
Closed -$372K
LUV icon
1349
Southwest Airlines
LUV
$23B
– –
-12,868
Closed -$433K
LW icon
1350
Lamb Weston
LW
$7.19B
– –
-3,294
Closed -$220K
52 53
54
55 56

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.