DARK FOREST CAPITAL MANAGEMENT LP

All Holdings — 2025 Q4

AI Portfolio Summary
In 2025 Q4, DARK FOREST CAPITAL MANAGEMENT LP maintained a portfolio of 1521 distinct positions. The most significant new addition to the portfolio was ISHARES MSCI EMERGIN, which now represents 1.38% of the total fund value. The fund also reduced its exposure to APPLE INC by 57.9%.
PCA Score Concentration Risk
Risk ENB
Total Positions
1521
Quarter
2025 Q4
Top Holding
EEM (1.4%)
Top 10 Concentration
7.0%
Turnover Rate
23.4%
Sector HHI
0.18
Items per page:
Showing 1-50 of 1521
Stock History Sector / Type Port % Prev % Rank / Prev Conviction Change % Change Influence Shares Mkt Value Avg Cost Price Held 1st Owned Source Source Date Date Reported
EEM
ISHARES MSCI EM...
ETF 1.38% #1
Prev: #—
6.1 551,274 no change
NEW
551,274 $30,160,201 2025 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
WMT
WALMART INC
Consumer Defensive 0.79% 0.11% #2 317
Prev: #319
4.8 127,661 468.4%
P
S
154,918 $17,259,414 2022 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
AXS
AXIS CAPITAL HO...
Financial Services 0.76% 0.17% #3 139
Prev: #142
4.3 113,932 271.1%
P
S
155,964 $16,702,185 2021 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
CVX
CHEVRON CORP
Energy 0.68% #4
Prev: #—
4.3 98,347 no change
NEW
98,347 $14,989,066 2022 Q1 13F Filing 2025-12-31 2026-02-14 (Est.)
TOST
TOAST INC-CLASS...
Technology 0.68% 0.03% #5 810
Prev: #815
3.8 400,575 2261.7%
P
S
418,286 $14,853,336 2022 Q1 13F Filing 2025-12-31 2026-02-14 (Est.)
UNP
UNION PACIFIC C...
Industrials 0.61% 0.32% #6 26
Prev: #32
3.2 22,538 63.7%
P
S
57,938 $13,402,218 2021 Q2 13F Filing 2025-12-31 2026-02-14 (Est.)
SPG
SIMON PROPERTY ...
Real Estate 0.57% 0.66% #7 2
Prev: #5
0.2 -35,000 -34.2%
P
S
67,279 $12,454,016 2021 Q2 13F Filing 2025-12-31 2026-02-14 (Est.)
ALSN
ALLISON TRANSMI...
Consumer Cyclical 0.52% 0.18% #8 120
Prev: #128
3.2 67,313 139.6%
P
S
115,533 $11,310,681 2021 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
PFSI
PENNYMAC FINANC...
Financial Services 0.50% 0.07% #9 512
Prev: #521
3.2 66,450 392.2%
P
S
83,391 $10,994,269 2021 Q2 13F Filing 2025-12-31 2026-02-14 (Est.)
RPRX
ROYALTY PHARMA ...
Healthcare 0.49% #10
Prev: #—
3.7 278,313 no change
NEW
278,313 $10,754,014 2022 Q2 13F Filing 2025-12-31 2026-02-14 (Est.)
DTE
DTE ENERGY COMP...
Utilities 0.47% 0.04% #11 698
Prev: #709
3.2 72,384 877.5%
P
S
80,633 $10,400,044 2021 Q2 13F Filing 2025-12-31 2026-02-14 (Est.)
BROS
DUTCH BROS INC-...
Consumer Cyclical 0.45% 0.12% #12 241
Prev: #253
3.2 116,874 255.7%
P
S
162,584 $9,953,392 2022 Q1 13F Filing 2025-12-31 2026-02-14 (Est.)
OMF
ONEMAIN HOLDING...
Financial Services 0.45% 0.07% #13 518
Prev: #531
3.2 116,636 401.3%
P
S
145,699 $9,841,967 2021 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
PCG
P G & E CORP
Utilities 0.44% 0.15% #14 171
Prev: #185
3.2 341,482 130.6%
P
S
603,045 $9,690,933 2022 Q1 13F Filing 2025-12-31 2026-02-14 (Est.)
PLD
PROLOGIS INC
Real Estate 0.44% 0.16% #15 151
Prev: #166
3.2 37,676 99.7%
P
S
75,468 $9,634,245 2021 Q2 13F Filing 2025-12-31 2026-02-14 (Est.)
L
LOEWS CORP
Financial Services 0.43% 0.12% #16 255
Prev: #271
3.2 57,506 177.5%
P
S
89,906 $9,468,001 2021 Q2 13F Filing 2025-12-31 2026-02-14 (Est.)
BFAM
BRIGHT HORIZONS...
Consumer Cyclical 0.41% #17
Prev: #—
3.7 89,203 no change
NEW
89,203 $9,045,184 2021 Q2 13F Filing 2025-12-31 2026-02-14 (Est.)
FTAI
FTAI AVIATION L...
Industrials 0.40% 0.19% #18 106
Prev: #124
2.2 3,709 9.2%
P
S
44,147 $8,690,337 2023 Q1 13F Filing 2025-12-31 2026-02-14 (Est.)
NEE
NEXTERA ENERGY ...
Utilities 0.40% #19
Prev: #—
3.7 108,181 no change
NEW
108,181 $8,684,771 2021 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
SSNC
SS&C TECHNOLOGI...
Technology 0.39% #20
Prev: #—
3.7 98,875 no change
NEW
98,875 $8,643,653 2021 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
LLY
ELI LILLY & CO
Healthcare 0.39% 0.28% #21 28
Prev: #49
0.7 -874 -9.9%
P
S
7,987 $8,583,469 2021 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
RITM
RITHM CAPITAL C...
Real Estate 0.39% 0.06% #22 571
Prev: #593
3.2 654,565 504.8%
P
S
784,237 $8,548,183 2021 Q2 13F Filing 2025-12-31 2026-02-14 (Est.)
MOD
MODINE MANUFACT...
Consumer Cyclical 0.39% 0.14% #23 174
Prev: #197
3.2 27,745 76.9%
P
S
63,816 $8,520,074 2022 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
BPOP
POPULAR INC
Financial Services 0.39% 0.03% #24 811
Prev: #835
3.2 61,258 904.2%
P
S
68,033 $8,471,469 2021 Q2 13F Filing 2025-12-31 2026-02-14 (Est.)
LAZ
LAZARD INC
Financial Services 0.39% 0.04% #25 752
Prev: #777
3.2 156,046 849.2%
P
S
174,421 $8,469,884 2024 Q2 13F Filing 2025-12-31 2026-02-14 (Est.)
MSFT
MICROSOFT CORP
Technology 0.38% 0.72% #26 24
Prev: #2
0.2 -19,029 -52.3%
P
S
17,355 $8,393,225 2021 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
LTH
LIFE TIME GROUP...
Consumer Cyclical 0.38% 0.12% #27 231
Prev: #258
3.2 210,360 206.9%
P
S
312,040 $8,294,023 2022 Q2 13F Filing 2025-12-31 2026-02-14 (Est.)
SBUX
STARBUCKS CORP
Consumer Cyclical 0.37% #28
Prev: #—
3.6 97,064 no change
NEW
97,064 $8,173,759 2021 Q2 13F Filing 2025-12-31 2026-02-14 (Est.)
GOOG
ALPHABET INC-CL...
Communication Services 0.37% #29
Prev: #—
3.6 25,723 no change
NEW
25,723 $8,071,877 2021 Q2 13F Filing 2025-12-31 2026-02-14 (Est.)
VICI
VICI PROPERTIES...
Real Estate 0.37% #30
Prev: #—
3.6 285,590 no change
NEW
285,590 $8,030,791 2021 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
AMAT
APPLIED MATERIA...
Technology 0.36% 0.09% #31 361
Prev: #392
3.1 18,132 143.9%
P
S
30,731 $7,897,560 2021 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
ATMU
ATMUS FILTRATIO...
Consumer Cyclical 0.36% 0.11% #32 267
Prev: #299
3.1 74,889 97.2%
P
S
151,943 $7,887,361 2024 Q1 13F Filing 2025-12-31 2026-02-14 (Est.)
LAUR
LAUREATE EDUCAT...
Consumer Defensive 0.36% 0.07% #33 500
Prev: #533
3.1 163,405 233.1%
P
S
233,506 $7,862,147 2021 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
VRT
VERTIV HOLDINGS...
Industrials 0.36% 0.05% #34 593
Prev: #627
3.1 37,747 356.4%
P
S
48,338 $7,831,239 2022 Q1 13F Filing 2025-12-31 2026-02-14 (Est.)
AGNC
AGNC INVESTMENT...
Real Estate 0.35% 0.06% #35 569
Prev: #604
3.1 568,148 362.3%
P
S
724,956 $7,771,528 2023 Q2 13F Filing 2025-12-31 2026-02-14 (Est.)
ITW
ILLINOIS TOOL W...
Industrials 0.35% 0.04% #36 731
Prev: #767
3.1 27,772 750.0%
P
S
31,475 $7,752,293 2021 Q2 13F Filing 2025-12-31 2026-02-14 (Est.)
AVGO
BROADCOM INC
Technology 0.35% 0.18% #37 100
Prev: #137
2.6 6,135 38.3%
P
S
22,149 $7,665,769 2021 Q2 13F Filing 2025-12-31 2026-02-14 (Est.)
EWZ
ISHARES MSCI BR...
ETF 0.35% 0.16% #38 130
Prev: #168
3.1 102,507 74.6%
P
S
239,954 $7,623,339 2025 Q1 13F Filing 2025-12-31 2026-02-14 (Est.)
WTM
WHITE MOUNTAINS...
Financial Services 0.34% #39
Prev: #—
3.6 3,615 no change
NEW
3,615 $7,512,078 2021 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
RTX
RTX CORP
Industrials 0.34% #40
Prev: #—
3.6 40,959 no change
NEW
40,959 $7,511,881 2021 Q2 13F Filing 2025-12-31 2026-02-14 (Est.)
AMZN
AMAZON.COM INC
Consumer Cyclical 0.34% 0.49% #41 30
Prev: #11
0.1 -24,237 -42.8%
P
S
32,391 $7,476,491 2021 Q2 13F Filing 2025-12-31 2026-02-14 (Est.)
COF
CAPITAL ONE FIN...
Financial Services 0.33% 0.41% #42 26
Prev: #16
0.1 -18,124 -37.5%
P
S
30,157 $7,308,851 2021 Q2 13F Filing 2025-12-31 2026-02-14 (Est.)
UHAL/B
U-HAUL HOLDING ...
Industrials 0.33% 0.12% #43 240
Prev: #283
3.1 102,841 193.2%
P
S
156,067 $7,294,572 2023 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
PNR
PENTAIR PLC
Industrials 0.33% 0.05% #44 630
Prev: #674
3.1 58,060 490.2%
P
S
69,904 $7,279,803 2021 Q2 13F Filing 2025-12-31 2026-02-14 (Est.)
SITE
SITEONE LANDSCA...
Industrials 0.33% 0.10% #45 305
Prev: #350
3.1 37,474 178.8%
P
S
58,433 $7,278,414 2021 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
MRVL
MARVELL TECHNOL...
Technology 0.33% #46
Prev: #—
3.6 84,980 no change
NEW
84,980 $7,221,600 2022 Q2 13F Filing 2025-12-31 2026-02-14 (Est.)
AAPL
APPLE INC
Technology 0.33% 0.51% #47 40
Prev: #7
0.1 -36,320 -57.9%
P
S
26,442 $7,188,522 2021 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
BOKF
BOK FINANCIAL C...
Financial Services 0.32% #48
Prev: #—
3.6 59,939 no change
NEW
59,939 $7,100,374 2021 Q2 13F Filing 2025-12-31 2026-02-14 (Est.)
SF
STIFEL FINANCIA...
Financial Services 0.32% 0.04% #49 669
Prev: #718
3.1 45,518 440.7%
P
S
55,846 $6,993,036 2021 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
PLXS
PLEXUS CORP
Technology 0.32% 0.10% #50 315
Prev: #365
3.1 29,207 161.7%
P
S
47,268 $6,948,396 2021 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
Showing 1-50 of 1521 holdings

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