Dark Forest Capital Management LP
NEW YORK, NY
$1.5bn in 777 US stocks at the end of 30 June 2026. The top 10 are 7.2% of the money. It changed about 54.4% of the portfolio this quarter.
Value
$1.5bn
Stocks
777
Top 10 share
7.2%
Turnover
54.4%
What changed this quarter
New
Bought for the first time this quarter.
- Ishares TRINDA1.1% of the fund
- Berkshire HathawayBRK-B0.7% of the fund
- IdexIEX0.5% of the fund
- American ExpressAXP0.5% of the fund
- Travelers CompaniesTRV0.5% of the fund
- PaychexPAYX0.4% of the fund
- AbbVieABBV0.4% of the fund
- CencoraCOR0.4% of the fund
- Houlihan LokeyHLI0.4% of the fund
- PepsiCoPEP0.3% of the fund
- EcolabECL0.3% of the fund
- V FVFC0.3% of the fund
- Charles SchwabSCHW0.3% of the fund
- Boston BeerSAM0.3% of the fund
- RLIRLI0.3% of the fund
- Darden RestaurantsDRI0.3% of the fund
- Associated Banc-CorpASB0.3% of the fund
- FiservFISV0.3% of the fund
- SempraSRE0.3% of the fund
- Cboe Global MktsCBOE0.3% of the fund
- Txnm EnergyTXNM0.3% of the fund
- Parker-HannifinPH0.3% of the fund
- American Electric PowerAEP0.3% of the fund
- Wells Fargo & CompanyWFC0.2% of the fund
- Morgan StanleyMS0.2% of the fund
Added
Bought more of a stock they already held.
- Axis Capital HoldingsAXS0.9% of the fund+13%
- SS&C Technologies HoldingsSSNC0.7% of the fund+55%
- Eli LillyLLY0.7% of the fund+103%
- DTE EnergyDTE0.6% of the fund+42%
- WEC Energy GroupWEC0.6% of the fund+452%
- EOG ResourcesEOG0.6% of the fund+1863%
- Illinois Tool WorksITW0.5% of the fund+68%
- PennyMac Financial ServicesPFSI0.5% of the fund+32%
- Fifth Third BancorpFITB0.5% of the fund+104%
- Blue Owl CapitalOWL0.5% of the fund+25%
- Royalty PharmaRPRX0.5% of the fund+20%
- Citizens Financial GroupCFG0.4% of the fund+129%
- Primo BrandsPRMB0.4% of the fund+138%
- HubspotHUBS0.4% of the fund+16%
- MicrosoftMSFT0.4% of the fund+39%
- NVRNVR0.4% of the fund+954%
- Huntington BancsharesHBAN0.4% of the fund+113%
- JPMorgan ChaseJPM0.4% of the fund+30%
- Unum GroupUNM0.4% of the fund+209%
- VisaV0.4% of the fund+853%
- First Financial BanksharesFFIN0.4% of the fund+200%
- Prudential FinancialPRU0.4% of the fund+88%
- LoewsL0.4% of the fund+941%
- Modine ManufacturingMOD0.4% of the fund+42%
- Freeport-McMoRanFCX0.4% of the fund+430%
Cut
Sold some of their stake.
- Micron TechnologyMU0.8% of the fund-54%
- OneMain HoldingsOMF0.5% of the fund-3%
- Applied MaterialsAMAT0.4% of the fund-31%
- DraftKingsDKNG0.4% of the fund-15%
- Zoom CommunicationsZM0.3% of the fund-35%
- Nicolet BanksharesNIC0.3% of the fund-25%
- BoeingBA0.3% of the fund-22%
- Allison Transmission HoldingsALSN0.3% of the fund-34%
- Madison Square Garden EntertainmentMSGE0.3% of the fund-4%
- Sirius XM HoldingsSIRI0.3% of the fund-11%
- BOK FinancialBOKF0.2% of the fund-42%
- PoolPOOL0.2% of the fund-8%
- Waste ManagementWM0.2% of the fund-2%
- Amazon.comAMZN0.2% of the fund-28%
- First MerchantsFRME0.2% of the fund-18%
- Campbell'sCPB0.2% of the fund-29%
- Arista NetworksANET0.2% of the fund-17%
- ChemedCHE0.2% of the fund-6%
- Garrett MotionGTX0.2% of the fund-55%
- EvergyEVRG0.2% of the fund-11%
- Phillips 66PSX0.2% of the fund-14%
- Loar HoldingsLOAR0.2% of the fund-38%
- SoFi TechnologiesSOFI0.2% of the fund-70%
- CorningGLW0.2% of the fund-58%
- Lam ResearchLRCX0.1% of the fund-17%
Sold out
Sold their entire stake.
- PopularBPOP-100%
- RokuROKU-100%
- AGNC InvestmentAGNC-100%
- AlphabetGOOG-100%
- Bright Horizons Family SolutionsBFAM-100%
- Atmus Filtration TechnologiesATMU-100%
- First Citizens BancsharesFCNCA-100%
- Cheniere EnergyLNG-100%
- Veeva SystemsVEEV-100%
- LazardLAZ-100%
- Sun CommunitiesSUI-100%
- StrykerSYK-100%
- White Mountains Insurance GroupWTM-100%
- Flowers FoodsFLO-100%
- Credit AcceptanceCACC-100%
- Motorola SolutionsMSI-100%
- Honeywell InternationalHON-100%
- ConocoPhillipsCOP-100%
- Marvell TechnologyMRVL-100%
- Markel GroupMKL-100%
- Gulfport EnergyGPOR-100%
- HeicoHEI-A-100%
- NetstreitNTST-100%
- WalmartWMT-100%
- Beacon FinancialBBT-100%
Holdings
- Ishares TRINDA
- Share
- 1.1%
- Value
- $17m
- Shares
- 342,603
New
- Cboe Global MktsCBOE
- Share
- 0.3%
- Value
- $4m
- Shares
- 16,438
New
| Company | Share of fund | Value | Shares | Change |
|---|---|---|---|---|
| Ishares TRINDA | 1.1% | $17m | 342,603 | New |
| Axis Capital HoldingsAXS | 0.9% | $13m | 122,795 | +13% |
| Micron TechnologyMU | 0.8% | $12m | 10,106 | -54% |
| SS&C Technologies HoldingsSSNC | 0.7% | $12m | 185,954 | +55% |
| Berkshire HathawayBRK-B | 0.7% | $11m | 22,596 | New |
| Eli LillyLLY | 0.7% | $10m | 8,625 | +103% |
| DTE EnergyDTE | 0.6% | $9m | 60,651 | +42% |
| WEC Energy GroupWEC | 0.6% | $9m | 78,819 | +452% |
| EOG ResourcesEOG | 0.6% | $9m | 69,367 | +1863% |
| Illinois Tool WorksITW | 0.5% | $8m | 31,148 | +68% |
| IdexIEX | 0.5% | $8m | 36,200 | New |
| PennyMac Financial ServicesPFSI | 0.5% | $8m | 88,378 | +32% |
| Fifth Third BancorpFITB | 0.5% | $8m | 136,111 | +104% |
| Blue Owl CapitalOWL | 0.5% | $8m | 875,846 | +25% |
| Royalty PharmaRPRX | 0.5% | $8m | 134,982 | +20% |
| OneMain HoldingsOMF | 0.5% | $7m | 116,682 | -3% |
| American ExpressAXP | 0.5% | $7m | 20,928 | New |
| Travelers CompaniesTRV | 0.5% | $7m | 21,127 | New |
| Citizens Financial GroupCFG | 0.4% | $7m | 98,519 | +129% |
| Primo BrandsPRMB | 0.4% | $7m | 278,767 | +138% |
| PaychexPAYX | 0.4% | $7m | 69,277 | New |
| AbbVieABBV | 0.4% | $7m | 26,935 | New |
| HubspotHUBS | 0.4% | $7m | 37,034 | +16% |
| MicrosoftMSFT | 0.4% | $7m | 17,870 | +39% |
| Applied MaterialsAMAT | 0.4% | $6m | 8,931 | -31% |
| NVRNVR | 0.4% | $6m | 938 | +954% |
| CencoraCOR | 0.4% | $6m | 22,055 | New |
| Huntington BancsharesHBAN | 0.4% | $6m | 351,747 | +113% |
| JPMorgan ChaseJPM | 0.4% | $6m | 18,834 | +30% |
| Unum GroupUNM | 0.4% | $6m | 66,426 | +209% |
| DraftKingsDKNG | 0.4% | $6m | 230,131 | -15% |
| VisaV | 0.4% | $6m | 16,912 | +853% |
| First Financial BanksharesFFIN | 0.4% | $6m | 166,092 | +200% |
| Prudential FinancialPRU | 0.4% | $6m | 52,933 | +88% |
| LoewsL | 0.4% | $6m | 50,310 | +941% |
| Modine ManufacturingMOD | 0.4% | $6m | 21,160 | +42% |
| Freeport-McMoRanFCX | 0.4% | $6m | 89,818 | +430% |
| Construction PartnersROAD | 0.4% | $6m | 47,202 | +83% |
| Kinder MorganKMI | 0.4% | $6m | 174,690 | +66% |
| Conagra BrandsCAG | 0.4% | $6m | 409,174 | +113% |
| T-Mobile USTMUS | 0.4% | $5m | 32,776 | +134% |
| Houlihan LokeyHLI | 0.4% | $5m | 40,895 | New |
| PepsiCoPEP | 0.3% | $5m | 39,939 | New |
| Zillow GroupZ | 0.3% | $5m | 171,283 | +43% |
| CVB FinancialCVBF | 0.3% | $5m | 238,859 | +1090% |
| Zoom CommunicationsZM | 0.3% | $5m | 62,138 | -35% |
| Tutor PeriniTPC | 0.3% | $5m | 64,306 | +13% |
| EcolabECL | 0.3% | $5m | 18,900 | New |
| Valero EnergyVLO | 0.3% | $5m | 20,142 | +203% |
| LPL Financial HoldingsLPLA | 0.3% | $5m | 18,439 | +18% |
| XylemXYL | 0.3% | $5m | 43,785 | +63% |
| Karman HoldingsKRMN | 0.3% | $5m | 102,646 | +261% |
| ResmedRMD | 0.3% | $5m | 26,089 | +433% |
| Nicolet BanksharesNIC | 0.3% | $5m | 30,280 | -25% |
| V FVFC | 0.3% | $5m | 299,963 | New |
| Helios TechnologiesHLIO | 0.3% | $5m | 55,819 | +33% |
| Intuitive SurgicalISRG | 0.3% | $5m | 12,331 | +78% |
| Dillard'sDDS | 0.3% | $5m | 9,266 | +331% |
| GracoGGG | 0.3% | $5m | 64,425 | +245% |
| Charles SchwabSCHW | 0.3% | $5m | 52,214 | New |
| RTXRTX | 0.3% | $5m | 25,345 | +60% |
| Seagate Technology HoldingsSTX | 0.3% | $5m | 4,927 | +51% |
| Boston BeerSAM | 0.3% | $5m | 26,691 | New |
| TE ConnectivityTEL | 0.3% | $5m | 23,388 | +195% |
| IES HoldingsIESC | 0.3% | $5m | 6,408 | +55% |
| SeaboardSEB | 0.3% | $5m | 1,045 | +66% |
| Boot Barn HoldingsBOOT | 0.3% | $5m | 28,361 | +426% |
| Texas RoadhouseTXRH | 0.3% | $5m | 24,102 | +129% |
| Cognizant Technology SolutionsCTSH | 0.3% | $5m | 120,048 | +274% |
| Westinghouse Air Brake TechnologiesWAB | 0.3% | $5m | 17,095 | +273% |
| CintasCTAS | 0.3% | $5m | 26,956 | +129% |
| RLIRLI | 0.3% | $5m | 77,071 | New |
| Darden RestaurantsDRI | 0.3% | $4m | 21,768 | New |
| Select Water SolutionsWTTR | 0.3% | $4m | 223,097 | +964% |
| Equitable HoldingsEQH | 0.3% | $4m | 101,291 | +369% |
| Merit Medical SystemsMMSI | 0.3% | $4m | 64,052 | +197% |
| Dentsply SironaXRAY | 0.3% | $4m | 408,379 | +408% |
| BoeingBA | 0.3% | $4m | 19,977 | -22% |
| Associated Banc-CorpASB | 0.3% | $4m | 140,087 | New |
| FiservFISV | 0.3% | $4m | 87,361 | New |
| Vistance NetworksVISN | 0.3% | $4m | 333,339 | +312% |
| IncyteINCY | 0.3% | $4m | 37,331 | +404% |
| Boston ScientificBSX | 0.3% | $4m | 98,856 | +245% |
| MarzettiMZTI | 0.3% | $4m | 36,504 | +1049% |
| BJ's Wholesale Club HoldingsBJ | 0.3% | $4m | 47,321 | +96% |
| Church & DwightCHD | 0.3% | $4m | 42,139 | +300% |
| Allison Transmission HoldingsALSN | 0.3% | $4m | 35,875 | -34% |
| Silgan HoldingsSLGN | 0.3% | $4m | 87,107 | +108% |
| SempraSRE | 0.3% | $4m | 43,579 | New |
| Eastman ChemicalEMN | 0.3% | $4m | 59,587 | +465% |
| Cboe Global MktsCBOE | 0.3% | $4m | 16,438 | New |
| Txnm EnergyTXNM | 0.3% | $4m | 70,195 | New |
| MckessonMCK | 0.3% | $4m | 5,255 | +31% |
| Madison Square Garden EntertainmentMSGE | 0.3% | $4m | 48,977 | -4% |
| MSA SafetyMSA | 0.3% | $4m | 22,543 | +221% |
| Sirius XM HoldingsSIRI | 0.3% | $4m | 132,842 | -11% |
| Parker-HannifinPH | 0.3% | $4m | 4,009 | New |
| Arrow ElectronicsARW | 0.3% | $4m | 18,362 | +3% |
| AccentureACN | 0.3% | $4m | 31,466 | +1366% |
| American Electric PowerAEP | 0.3% | $4m | 28,599 | New |
Showing the largest 100 of 777.
Over time and by industry
Value over time
Jun '25
Dec '25
Jun '26
Value is down 37.7% since 30 June 2025.
Where the money is
Financial services22.0%
Industrials17.4%
Technology15.1%
Retail & consumer10.5%
Health care9.4%
Materials5.8%
Everyday goods5.3%
Utilities5.1%
Energy4.5%
Media & telecom2.5%
Real estate0.6%
Other1.7%
From the fund's 13F filings. They list US stocks and options only, 45 days after each quarter, and leave out cash, bonds, shorts and foreign shares.