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
SBGI icon
1476
Sinclair Inc
SBGI
$1B
– –
-46,969
Closed -$748K
SBUX icon
1477
Starbucks
SBUX
$121B
– –
-5,742
Closed -$563K
SHOE
1478
Shoe Station Group
SHOE
$424M
– –
-44,678
Closed -$982K
SEB icon
1479
Seaboard Corp
SEB
$4.12B
– –
-515
Closed -$1.39M
SEE
1480
DELISTED
Sealed Air
SEE
– –
-11,201
Closed -$324K
SFL icon
1481
SFL Corp
SFL
$1.58B
– –
-63,993
Closed -$525K
SHAK icon
1482
Shake Shack
SHAK
$3B
– –
-8,537
Closed -$753K
SIBN icon
1483
SI-BONE Inc
SIBN
$800M
– –
-22,445
Closed -$315K
SKIN icon
1484
SkinHealth Systems
SKIN
$91.4M
– –
-49,034
Closed -$65.7K
SKT icon
1485
Tanger
SKT
$4.66B
– –
-33,721
Closed -$1.14M
SLAB icon
1486
Silicon Laboratories
SLAB
$7.2B
– –
-11,200
Closed -$1.26M
SLVM icon
1487
Sylvamo
SLVM
$1.54B
– –
-15,071
Closed -$1.01M
SMMT icon
1488
Summit Therapeutics
SMMT
$10.8B
– –
-93,548
Closed -$1.8M
SMP icon
1489
Standard Motor Products
SMP
$881M
– –
-34,365
Closed -$857K
SMTC icon
1490
Semtech
SMTC
$11.3B
– –
-42,683
Closed -$1.47M
SNCY
1491
DELISTED
Sun Country Airlines
SNCY
– –
-31,552
Closed -$389K
SPRY icon
1492
ARS Pharmaceuticals
SPRY
$532M
– –
-56,553
Closed -$711K
STAA icon
1493
STAAR Surgical
STAA
$1.14B
– –
-18,739
Closed -$330K
STNE icon
1494
StoneCo
STNE
$2.72B
– –
-59,864
Closed -$627K
STR
1495
DELISTED
Sitio Royalties
STR
– –
-142,733
Closed -$2.84M
SWTX
1496
DELISTED
SpringWorks Therapeutics
SWTX
– –
-9,222
Closed -$407K
SXT icon
1497
Sensient Technologies
SXT
$5.54B
– –
-13,632
Closed -$1.01M
SYK icon
1498
Stryker
SYK
$129B
– –
-8,987
Closed -$3.35M
TAL icon
1499
TAL Education Group
TAL
$6.71B
– –
-33,189
Closed -$438K
TALO icon
1500
Talos Energy
TALO
$2.37B
– –
-20,553
Closed -$200K
58 59
60
61 62

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.