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
+8.95%
1 Year Est. Return
+18.74%
3 Year Est. Return
+51.22%
5 Year Est. Return
+55.27%
10 Year Est. Return
–
AUM
$2.51B
AUM Growth
+$308M
Cap. Flow
+$165M
Cap. Flow %
6.6%
Top 10 Hldgs %
6.12%
Holding
1,581
New
385
Increased
403
Reduced
352
Closed
439

Top Buys

Rank Stock Value
1
SPG icon
Simon Property Group
SPG
+$15M
2
GGG icon
Graco
GGG
+$10.2M
3
TIP icon
iShares TIPS Bond ETF
TIP
+$10M
4
KHC icon
Kraft Heinz
KHC
+$9.33M
5
PSX icon
Phillips 66
PSX
+$8.74M

Top Sells

Rank Stock Value
1
CRH icon
CRH
CRH
+$23.8M
2
GOOGL icon
Alphabet (Google) Class A
GOOGL
+$23.6M
3
LNG icon
Cheniere Energy
LNG
+$13.2M
4
AMCR icon
Amcor
AMCR
+$9.83M
5
LIVN icon
LivaNova
LIVN
+$9.42M

Sector Composition

Rank Sector Weight
1 Financials 17.68%
2 Technology 15.03%
3 Industrials 14.39%
4 Consumer Discretionary 11.22%
5 Healthcare 9.11%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
IRWD icon
1351
Ironwood Pharmaceuticals
IRWD
$701M
– –
-62,019
Closed -$91.2K
IT icon
1352
Gartner
IT
$11.7B
– –
-7,084
Closed -$2.97M
ITT icon
1353
ITT
ITT
$19.2B
– –
-21,504
Closed -$2.78M
IVR icon
1354
Invesco Mortgage Capital
IVR
$797M
– –
-23,981
Closed -$189K
IVT icon
1355
InvenTrust Properties
IVT
$2.6B
– –
-120,795
Closed -$3.55M
J icon
1356
Jacobs Solutions
J
$16.9B
– –
-10,425
Closed -$1.25M
JAMF
1357
DELISTED
Jamf
JAMF
– –
-65,687
Closed -$798K
JBGS
1358
JBG SMITH
JBGS
$707M
– –
-125,487
Closed -$2.02M
JBI icon
1359
Janus International
JBI
$760M
– –
-74,490
Closed -$536K
JCI icon
1360
Johnson Controls International
JCI
$93.6B
– –
-11,359
Closed -$910K
JKHY icon
1361
Jack Henry & Associates
JKHY
$11.2B
– –
-6,114
Closed -$1.12M
KALU icon
1362
Kaiser Aluminum
KALU
$2.8B
– –
-16,346
Closed -$991K
OPLN
1363
Openlane
OPLN
$4.62B
– –
-79,642
Closed -$1.54M
KBR icon
1364
KBR
KBR
$4.74B
– –
-15,176
Closed -$756K
KEY icon
1365
KeyCorp
KEY
$24.3B
– –
-22,603
Closed -$361K
KFY icon
1366
Korn Ferry
KFY
$4.2B
– –
-25,710
Closed -$1.74M
KLIC icon
1367
Kulicke & Soffa
KLIC
$4.74B
– –
-155,331
Closed -$5.12M
KO icon
1368
Coca-Cola
KO
$374B
– –
-11,452
Closed -$820K
KOS icon
1369
Kosmos Energy
KOS
$1.47B
– –
-103,893
Closed -$237K
KR icon
1370
Kroger
KR
$35.1B
– –
-58,572
Closed -$3.96M
KREF
1371
KKR Real Estate Finance Trust
KREF
$478M
– –
-122,506
Closed -$1.32M
KROS icon
1372
Keros Therapeutics
KROS
$211M
– –
-13,015
Closed -$133K
KRUS icon
1373
Kura Sushi USA
KRUS
$590M
– –
-7,762
Closed -$397K
KTOS icon
1374
Kratos Defense & Security Solutions
KTOS
$10.8B
– –
-68,197
Closed -$2.02M
HAPN
1375
Happen Inc
HAPN
$2.27B
– –
-107,760
Closed -$1.11M
53 54
55
56 57

Similar funds

PL
Parkwood LLC Cleveland, Ohio $1.13B AUM 32.89% 1-Year Est. Return
EC
Estate Counselors Thiensville, Wisconsin $1.12B AUM 20.13% 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
SL
Salomon & Ludwin Richmond, Virginia $1.12B AUM 14.38% 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

Dark Forest Capital Management's Q2 2025 Portfolio in Review

As of Q2 2025, Dark Forest Capital Management held 1,581 positions worth $2.51B, up 14% from $2.2B the previous quarter. Its ten largest holdings account for 6.1% of the portfolio.

Dark Forest Capital Management deployed $165M of net new capital in Q2 2025, opening 385 new positions and adding to 403 existing holdings. Its largest new stake was iShares TIPS Bond ETF: 91,743 shares worth $10.1M.

By sector, the portfolio is most concentrated in Financials at 18% of assets, up from 16% a quarter earlier, followed by Technology and Industrials.

On the sell side, the largest reduction was Cheniere Energy, an estimated $13.2M trimmed.

  • Dark Forest Capital Management's largest Q2 2025 buy was iShares TIPS Bond ETF: 91,743 shares worth $10.1M.
  • Dark Forest Capital Management added most to Simon Property Group in Q2 2025, an estimated $15M increase.
  • Dark Forest Capital Management's biggest Q2 2025 reduction was Cheniere Energy, cutting an estimated $13.2M.
  • Dark Forest Capital Management fully exited CRH in Q2 2025, selling an estimated $23.8M.
  • Dark Forest Capital Management's ten largest holdings make up 6.1% of its $2.51B portfolio in Q2 2025.
  • Dark Forest Capital Management opened 385 new positions and closed 439 in Q2 2025.
  • Dark Forest Capital Management's portfolio value rose 14% quarter-over-quarter to $2.51B.

Based on Dark Forest Capital Management's 13F filing for Q2 2025, filed 14 Aug 2025.