DARK FOREST CAPITAL MANAGEMENT LP
Filing Date
Global Rank
#1,426
/ 8,232
▼ 388
Top Industry
Banks - Regional
7.8%
3Y Alpha vs SPY
-1.6%
Period ended 2 months ago
Filed May 15, 2026 · 30d
20 quarters · since Jun 2021
Clone Performance
Jun 2023–Jun 2026 · vs SPYHypothetical growth of cloning every reported 13F position and rebalancing on each filing, indexed to the same start.
Cloned portfolio
+70.7%
SPY
+76.3%
Annualised alpha
-1.3%
Max drawdown
−22.8%
Estimate. 13F holdings are quarter-lagged and long-only, so the clone rebalances about 45 days after each period end — when the filing becomes public — and excludes options and short positions. Past performance does not predict future results.
Portfolio Concentration
752 positions · as of Mar 31, 2026 · Δ vs Dec 31, 2025Top Position
1.1%
+0.3 pts
Top 5
4.8%
+1.2 pts
Top 10
8.6%
+2.3 pts
HHI
30
Diversified+9
Portfolio Trend
20 quarters · across all stocks
Sector Breakdown
As of Mar 31, 2026| Sector | % Portfolio | Value |
|---|---|---|
| Financial Services | 21.1% | $230,382,407 |
| Technology | 15.9% | $173,742,454 |
| Industrials | 15.6% | $170,550,332 |
| Consumer Cyclical | 12.4% | $135,012,028 |
| Healthcare | 9.9% | $108,452,243 |
| Consumer Defensive | 5.4% | $59,315,443 |
| Energy | 4.7% | $50,848,503 |
| Basic Materials | 4.3% | $46,880,978 |
| Utilities | 4.1% | $44,785,315 |
| Real Estate | 3.4% | $36,935,469 |
| Communication Services | 3.2% | $34,430,001 |
Last Quarter's Activity
Export CSVAdded To
Positions the filer increased
25 positions
| Ticker | Company | Δ Shares | Shares | Value | Open |
|---|---|---|---|---|---|
| CDE | Coeur Mining, Inc. | +523,179 | 575,124 | $10,795,077 | |
| OWL | Blue Owl Capital Inc. | +463,508 | 701,317 | $6,403,024 | |
| FLO | Flowers Foods Inc | +365,380 | 593,491 | $4,836,951 | |
| SOFI | SoFi Technologies, Inc. | +334,291 | 450,929 | $7,160,752 | |
| TPG | TPG Inc. | +186,773 | 211,569 | $8,570,660 | |
| DKNG | DraftKings Inc. | +183,584 | 270,010 | $5,837,616 | |
| CCC | CCC Intelligent Solutions Holdings Inc. | +138,370 | 185,404 | $1,112,424 | |
| PTON | Peloton Interactive, Inc. | +105,632 | 289,057 | $1,240,054 | |
| SGHC | Super Group (SGHC) Ltd | +92,966 | 168,283 | $1,817,456 | |
| AFRM | Affirm Holdings, Inc. | +89,401 | 150,069 | $6,876,161 | |
| BBT | Beacon Financial Corp | +79,864 | 110,760 | $3,322,800 | |
| XPRO | Expro Group Holdings N.V. | +75,964 | 95,077 | $1,655,290 | |
| ECVT | Ecovyst Inc. | +66,685 | 82,221 | $1,057,362 | |
| CNXC | Concentrix Corp | +53,128 | 80,745 | $2,209,183 | |
| ROKU | Roku, Inc | +49,956 | 104,558 | $9,893,277 | |
| ZM | Zoom Communications, Inc. | +49,190 | 95,918 | $7,710,848 | |
| MSGE | Madison Square Garden Entertainment Corp. | +46,996 | 50,870 | $2,996,751 | |
| SM | SM Energy Co | +43,699 | 55,997 | $1,745,986 | |
| LKQ | Lkq Corp | +38,898 | 47,083 | $1,382,827 | |
| NMRK | Newmark Group, Inc. | +38,336 | 101,059 | $1,514,874 | |
| ORI | Old Republic International Corp | +38,118 | 54,798 | $2,186,440 | |
| NIC | Nicolet Bankshares Inc | +36,568 | 40,155 | $5,967,836 | |
| CPRT | Copart Inc | +35,785 | 54,750 | $1,817,700 | |
| GAP | Gap Inc | +35,021 | 77,543 | $1,876,540 | |
| TPC | Tutor Perini Corp | +34,757 | 57,152 | $4,411,562 | |
| No positions match the current search. | |||||
Trimmed
Positions the filer reduced
25 positions
| Ticker | Company | Δ Shares | Shares | Value | Open |
|---|---|---|---|---|---|
| CCO | Clear Channel Outdoor Holdings, Inc. | −1,208,708 | 130,031 | $308,173 | |
| OPTU | Optimum Communications, Inc. | −804,679 | 84,267 | $109,547 | |
| XRAY | DENTSPLY SIRONA Inc. | −519,021 | 80,413 | $932,790 | |
| VLY | Valley National Bancorp | −516,072 | 58,470 | $718,011 | |
| PCG | PG&E Corp | −474,855 | 128,190 | $2,252,298 | |
| WEN | Wendy's Co | −448,983 | 87,120 | $605,484 | |
| PK | Park Hotels & Resorts Inc. | −421,596 | 59,754 | $629,209 | |
| AUR | Aurora Innovation, Inc. | −398,979 | 172,342 | $710,049 | |
| NWL | Newell Brands Inc. | −391,053 | 308,270 | $1,057,366 | |
| PRGO | PERRIGO Co plc | −321,626 | 14,104 | $151,476 | |
| DRH | DiamondRock Hospitality Co | −277,100 | 40,077 | $375,521 | |
| F | Ford Motor Co | −257,972 | 152,825 | $1,763,600 | |
| CERT | Certara, Inc. | −242,891 | 62,140 | $354,198 | |
| LAC | Lithium Americas Corp. | −238,472 | 11,296 | $44,619 | |
| DEI | Douglas Emmett Inc | −225,159 | 24,167 | $227,653 | |
| EFC | Ellington Financial Inc. | −217,472 | 69,311 | $821,335 | |
| CAG | Conagra Brands Inc. | −207,155 | 191,779 | $3,014,765 | |
| LAUR | Laureate Education, Inc. | −200,939 | 32,567 | $1,134,634 | |
| BNL | Broadstone Net Lease, Inc. | −197,681 | 121,299 | $2,216,132 | |
| MDXG | Mimedx Group, Inc. | −187,819 | 53,152 | $209,950 | |
| EBC | Eastern Bankshares, Inc. | −187,638 | 162,406 | $3,176,661 | |
| NVRI-WI | Enviri II Corp | −184,696 | 11,981 | $0 | |
| GCMG | GCM Grosvenor Inc. | −171,194 | 42,562 | $417,107 | |
| SFD | Smithfield Foods Inc | −169,201 | 32,978 | $922,394 | |
| RPRX | Royalty Pharma plc | −166,251 | 112,062 | $5,375,614 | |
| No positions match the current search. | |||||
New Positions
Positions the filer opened this quarter
25 positions
| Ticker | Company | Shares | Value | Open |
|---|---|---|---|---|
| LPLA | LPL Financial Holdings Inc. | 15,563 | $4,681,817 | |
| CPB | CAMPBELL'S Co | 190,170 | $4,235,085 | |
| XYL | Xylem Inc. | 26,851 | $3,208,694 | |
| CRDO | Credo Technology Group Holding Ltd | 33,030 | $3,100,526 | |
| FITB | Fifth Third Bancorp | 66,686 | $3,098,231 | |
| MO | Altria Group, Inc. | 46,434 | $3,064,179 | |
| PSX | Phillips 66 | 16,817 | $3,063,721 | |
| UWMC | UWM Holdings Corp | 839,121 | $3,037,618 | |
| FTI | TechnipFMC plc | 42,652 | $2,948,532 | |
| TMUS | T-Mobile US, Inc. | 13,988 | $2,937,899 | |
| PFE | Pfizer Inc | 103,674 | $2,911,165 | |
| BIIB | Biogen Inc. | 15,736 | $2,884,880 | |
| XP | XP Inc. | 144,559 | $2,752,403 | |
| PRU | Prudential Financial Inc | 28,091 | $2,744,209 | |
| ARW | Arrow Electronics, Inc. | 17,789 | $2,551,120 | |
| BRBR | Bellring Brands, Inc. | 157,871 | $2,540,144 | |
| KD | Kyndryl Holdings, Inc. | 183,647 | $2,409,448 | |
| BJ | BJ's Wholesale Club Holdings, Inc. | 24,172 | $2,379,008 | |
| EWBC | East West Bancorp Inc | 21,467 | $2,291,816 | |
| KRMN | Karman Holdings Inc. | 28,468 | $2,278,863 | |
| MLI | Mueller Industries Inc | 19,821 | $2,196,166 | |
| SPGI | S&P Global Inc. | 5,000 | $2,126,700 | |
| GT | Goodyear Tire & Rubber Co /Oh/ | 318,077 | $2,108,850 | |
| JBLU | Jetblue Airways Corp | 469,622 | $2,075,729 | |
| DD | DuPont de Nemours, Inc. | 43,705 | $2,001,689 | |
| No positions match the current search. | ||||
Sold Out
Positions the filer fully exited
25 positions
| Ticker | Company | Shares | Value | Open |
|---|---|---|---|---|
| CVX | Chevron Corp | 98,347 | $14,989,066 | |
| SPG | Simon Property Group Inc. | 67,279 | $12,454,015 | |
| BROS | Dutch Bros Inc. | 162,584 | $9,953,392 | |
| PLD | Prologis, Inc. | 75,468 | $9,634,244 | |
| RITM | Rithm Capital Corp. | 784,237 | $8,548,183 | |
| LTH | Life Time Group Holdings, Inc. | 312,040 | $8,294,023 | |
| VICI | Vici Properties Inc. | 285,590 | $8,030,790 | |
| VRT | Vertiv Holdings Co | 48,338 | $7,831,239 | |
| AVGO | Broadcom Inc. | 22,149 | $7,665,768 | |
| COF | Capital One Financial Corp | 30,157 | $7,308,850 | |
| PNR | PENTAIR plc | 69,904 | $7,279,802 | |
| MMM | 3M Co | 40,169 | $6,431,056 | |
| RNG | RingCentral, Inc. | 221,917 | $6,408,962 | |
| RGLD | Royal Gold Inc | 28,774 | $6,396,172 | |
| MS | Morgan Stanley | 35,689 | $6,335,868 | |
| DIS | Walt Disney Co | 50,947 | $5,796,240 | |
| CFR | Cullen/Frost Bankers, Inc. | 44,743 | $5,665,806 | |
| LYFT | Lyft, Inc. | 289,319 | $5,604,109 | |
| WST | West Pharmaceutical Services Inc | 20,131 | $5,538,843 | |
| OHI | Omega Healthcare Investors Inc | 124,888 | $5,537,533 | |
| OMC | Omnicom Group Inc. | 67,528 | $5,452,886 | |
| IFF | International Flavors & Fragrances Inc | 76,560 | $5,159,378 | |
| RBRK | Rubrik, Inc. | 67,444 | $5,158,117 | |
| CR | Crane Co | 27,551 | $5,081,230 | |
| SHW | Sherwin Williams Co | 15,665 | $5,075,929 | |
| No positions match the current search. | ||||
752 positions ·
$1,091,335,173 total
· as of Mar 31, 2026
All sectors
Basic Materials
Communication Services
Consumer Cyclical
Consumer Defensive
Energy
Financial Services
Healthcare
Industrials
Real Estate
Technology
Utilities
Showing 1–50
of 752 positions by value
· page 1 of 16
| Ticker | Company | Type | Shares | Value (USD) | % of Portfolio | History |
|---|---|---|---|---|---|---|
| BPOP |
Popular, Inc.
Financial Services
|
Added | 87,943 | $11,799,312 | 1.08% | |
| AXS |
Axis Capital Holdings Ltd
Financial Services
|
Reduced | 108,472 | $11,000,145 | 1.01% | |
| CDE |
Coeur Mining, Inc.
Basic Materials
|
Added | 575,124 | $10,795,077 | 0.99% | |
| ROKU |
Roku, Inc
Communication Services
|
Added | 104,558 | $9,893,277 | 0.91% | |
| UNP |
Union Pacific Corp
Industrials
|
Reduced | 38,597 | $9,364,404 | 0.86% | |
| TOST |
Toast, Inc.
Technology
|
Reduced | 333,842 | $8,850,151 | 0.81% | |
| TPG |
TPG Inc.
Financial Services
|
Added | 211,569 | $8,570,660 | 0.79% | |
| SSNC |
SS&C Technologies Holdings Inc
Technology
|
Added | 119,819 | $8,096,169 | 0.74% | |
| HUBS |
Hubspot Inc
Technology
|
Added | 31,995 | $7,809,979 | 0.72% | |
| ZM |
Zoom Communications, Inc.
Technology
|
Added | 95,918 | $7,710,848 | 0.71% | |
| MU |
Micron Technology Inc
Technology
|
Added | 21,866 | $7,387,209 | 0.68% | |
| SOFI |
SoFi Technologies, Inc.
Financial Services
|
Added | 450,929 | $7,160,752 | 0.66% | |
| AGNC |
AGNC Investment Corp.
Real Estate
|
Reduced | 702,095 | $7,042,012 | 0.65% | |
| BFAM |
Bright Horizons Family Solutions Inc.
Consumer Cyclical
|
Reduced | 84,278 | $6,921,752 | 0.63% | |
| AFRM |
Affirm Holdings, Inc.
Financial Services
|
Added | 150,069 | $6,876,161 | 0.63% | |
| ATMU |
Atmus Filtration Technologies Inc.
Consumer Cyclical
|
Reduced | 116,279 | $6,601,158 | 0.60% | |
| FERG |
Ferguson Enterprises Inc. /DE/
Industrials
|
Added | 28,260 | $6,591,927 | 0.60% | |
| AAPL |
Apple Inc.
Technology
|
Reduced | 25,941 | $6,583,566 | 0.60% | |
| FCNCA |
First Citizens Bancshares Inc /De/
Financial Services
|
Added | 3,453 | $6,507,730 | 0.60% | |
| OMF |
OneMain Holdings, Inc.
Financial Services
|
Reduced | 120,377 | $6,438,965 | 0.59% | |
| OWL |
Blue Owl Capital Inc.
Financial Services
|
Added | 701,317 | $6,403,024 | 0.59% | |
| ALSN |
Allison Transmission Holdings Inc
Consumer Cyclical
|
Reduced | 54,626 | $6,394,519 | 0.59% | |
| DTE |
Dte Energy Co
Utilities
|
Reduced | 42,772 | $6,254,121 | 0.57% | |
| BOKF |
Bok Financial Corp
Financial Services
|
Reduced | 46,828 | $5,996,793 | 0.55% | |
| NIC |
Nicolet Bankshares Inc
Financial Services
|
Added | 40,155 | $5,967,836 | 0.55% | |
| LNG |
Cheniere Energy, Inc.
Energy
|
Reduced | 20,847 | $5,915,544 | 0.54% | |
| PFSI |
PennyMac Financial Services, Inc.
Financial Services
|
Reduced | 67,075 | $5,862,355 | 0.54% | |
| DKNG |
DraftKings Inc.
Consumer Cyclical
|
Added | 270,010 | $5,837,616 | 0.53% | |
| VEEV |
Veeva Systems Inc
Healthcare
|
Added | 33,104 | $5,815,048 | 0.53% | |
| LAZ |
Lazard, Inc.
Financial Services
|
Reduced | 133,357 | $5,665,005 | 0.52% | |
| SUI |
Sun Communities Inc
Real Estate
|
Reduced | 44,832 | $5,647,038 | 0.52% | |
| SYK |
Stryker Corp
Healthcare
|
Added | 17,012 | $5,589,973 | 0.51% | |
| RPRX |
Royalty Pharma plc
Healthcare
|
Reduced | 112,062 | $5,375,614 | 0.49% | |
| BA |
Boeing Co
Industrials
|
Added | 25,586 | $5,092,381 | 0.47% | |
| TJX |
Tjx Companies Inc /De/
Consumer Cyclical
|
Added | 30,705 | $4,903,588 | 0.45% | |
| FLO |
Flowers Foods Inc
Consumer Defensive
|
Added | 593,491 | $4,836,951 | 0.44% | |
| ITW |
Illinois Tool Works Inc
Industrials
|
Reduced | 18,508 | $4,817,447 | 0.44% | |
| MSFT |
Microsoft Corp
Technology
|
Reduced | 12,861 | $4,760,756 | 0.44% | |
| LPLA |
LPL Financial Holdings Inc.
Financial Services
|
NEW | 15,563 | $4,681,817 | 0.43% | |
| CACC |
Credit Acceptance Corp
Financial Services
|
Added | 10,994 | $4,655,519 | 0.43% | |
| ALNY |
Alnylam Pharmaceuticals, Inc.
Healthcare
|
Added | 13,707 | $4,535,235 | 0.42% | |
| AMAT |
Applied Materials Inc /De
Technology
|
Reduced | 12,934 | $4,420,711 | 0.41% | |
| TPC |
Tutor Perini Corp
Industrials
|
Added | 57,152 | $4,411,562 | 0.40% | |
| MSI |
Motorola Solutions, Inc.
Technology
|
Added | 10,116 | $4,390,040 | 0.40% | |
| HON |
Honeywell International Inc
Industrials
|
Added | 19,361 | $4,376,166 | 0.40% | |
| COP |
Conocophillips
Energy
|
Added | 32,271 | $4,259,772 | 0.39% | |
| JPM |
Jpmorgan Chase & Co
Financial Services
|
Added | 14,443 | $4,248,552 | 0.39% | |
| CPB |
CAMPBELL'S Co
Consumer Defensive
|
NEW | 190,170 | $4,235,085 | 0.39% | |
| AMZN |
Amazon Com Inc
Consumer Cyclical
|
Reduced | 19,949 | $4,154,778 | 0.38% | |
| MRVL |
Marvell Technology, Inc.
Technology
|
Reduced | 40,720 | $4,033,316 | 0.37% |