Dark Forest Capital Management LP: 13F holdings, Q2 2026
Hedge fund · SEC EDGAR filings (CIK 1853322) · Explore on the interactive board
Dark Forest Capital Management LP disclosed 777 US equity positions worth $1.5bn in its Q2 2026 13F filing (holdings as of June 30, 2026, filed August 14, 2026). Its largest position is INDA at 1.1% of the reported book, followed by AXIS CAPITAL HOLDINGS LTD, MU. The top ten holdings are 7.2% of the book, and the portfolio behaves like about 411 equal-weight positions. Versus the prior filing it opened 326 new positions, added to 285, reduced 164 and exited 25. Note: this manager's most recent filing is 3934 quarters behind the newest quarter on file, so these figures are history rather than current positioning.
What does Dark Forest Capital Management LP own? Top holdings as of June 30, 2026
Change is measured in shares against the previous filing (Q1 2026), so price moves do not read as decisions. This quarter: 326 new, 285 added, 164 reduced, 25 exited.
| # | Stock | Sector | Weight | Value | Shares | Δ shares | Action |
|---|---|---|---|---|---|---|---|
| 1 | INDA ISHARES MSCI INDIA ETF | 1.1% | $16.9m | 342,603 | – | new | |
| 2 | AXIS CAPITAL HOLDINGS LTD | 0.9% | $13.2m | 122,795 | 13% | added | |
| 3 | MU MICRON TECHNOLOGY INC | Technology | 0.8% | $11.7m | 10,106 | -54% | reduced |
| 4 | SSNC SS&C TECHNOLOGIES HOLDINGS | Technology | 0.7% | $11.5m | 185,954 | 55% | added |
| 5 | BRK/B BERKSHIRE HATHAWAY INC-CL B | 0.7% | $11.3m | 22,596 | – | new | |
| 6 | LLY ELI LILLY & CO | Healthcare | 0.7% | $10.3m | 8,625 | 103% | added |
| 7 | DTE DTE ENERGY COMPANY | Utilities | 0.6% | $9.2m | 60,651 | 42% | added |
| 8 | WEC WEC ENERGY GROUP INC | Utilities | 0.6% | $9.2m | 78,819 | 452% | added |
| 9 | EOG EOG RESOURCES INC | Energy | 0.6% | $9.0m | 69,367 | 1863% | added |
| 10 | ITW ILLINOIS TOOL WORKS | Industrials | 0.5% | $8.4m | 31,148 | 68% | added |
| 11 | IEX IDEX CORP | Industrials | 0.5% | $8.2m | 36,200 | – | new |
| 12 | PFSI PENNYMAC FINANCIAL SERVICES | Financial Services | 0.5% | $7.7m | 88,378 | 32% | added |
| 13 | FITB FIFTH THIRD BANCORP | Financial Services | 0.5% | $7.7m | 136,111 | 104% | added |
| 14 | OWL BLUE OWL CAPITAL INC | Financial Services | 0.5% | $7.7m | 875,846 | 25% | added |
| 15 | RPRX ROYALTY PHARMA PLC- CL A | Healthcare | 0.5% | $7.6m | 134,982 | 20% | added |
| 16 | OMF ONEMAIN HOLDINGS INC | Financial Services | 0.5% | $7.1m | 116,682 | -3% | reduced |
| 17 | AXP AMERICAN EXPRESS CO | Financial Services | 0.5% | $7.1m | 20,928 | – | new |
| 18 | TRV TRAVELERS COS INC/THE | Financial Services | 0.5% | $7.0m | 21,127 | – | new |
| 19 | CFG CITIZENS FINANCIAL GROUP | Financial Services | 0.4% | $6.9m | 98,519 | 129% | added |
| 20 | PRMB PRIMO BRANDS CORP | Consumer Defensive | 0.4% | $6.8m | 278,767 | 138% | added |
| 21 | PAYX PAYCHEX INC | Technology | 0.4% | $6.8m | 69,277 | – | new |
| 22 | ABBV ABBVIE INC | Healthcare | 0.4% | $6.8m | 26,935 | – | new |
| 23 | HUBS HUBSPOT INC | Technology | 0.4% | $6.8m | 37,034 | 16% | added |
| 24 | MSFT MICROSOFT CORP | Technology | 0.4% | $6.7m | 17,870 | 39% | added |
| 25 | AMAT APPLIED MATERIALS INC | Technology | 0.4% | $6.5m | 8,931 | -31% | reduced |
| 26 | NVR NVR INC | Consumer Cyclical | 0.4% | $6.4m | 938 | 954% | added |
| 27 | COR CENCORA INC | Healthcare | 0.4% | $6.2m | 22,055 | – | new |
| 28 | HBAN HUNTINGTON BANCSHARES INC | Financial Services | 0.4% | $6.2m | 351,747 | 113% | added |
| 29 | JPM JPMORGAN CHASE & CO | Financial Services | 0.4% | $6.2m | 18,834 | 30% | added |
| 30 | UNM UNUM GROUP | Financial Services | 0.4% | $5.9m | 66,426 | 209% | added |
| 31 | DKNG DRAFTKINGS INC-CL A | Consumer Cyclical | 0.4% | $5.8m | 230,131 | -15% | reduced |
| 32 | V VISA INC-CLASS A SHARES | Financial Services | 0.4% | $5.8m | 16,912 | 853% | added |
| 33 | FFIN FIRST FINL BANKSHARES INC | Financial Services | 0.4% | $5.7m | 166,092 | 200% | added |
| 34 | PRU PRUDENTIAL FINANCIAL INC | Financial Services | 0.4% | $5.7m | 52,933 | 88% | added |
| 35 | L LOEWS CORP | Financial Services | 0.4% | $5.7m | 50,310 | 941% | added |
| 36 | MOD MODINE MANUFACTURING CO | Consumer Cyclical | 0.4% | $5.7m | 21,160 | 42% | added |
| 37 | FCX FREEPORT-MCMORAN INC | Basic Materials | 0.4% | $5.6m | 89,818 | 430% | added |
| 38 | ROAD CONSTRUCTION PARTNERS INC-A | 0.4% | $5.6m | 47,202 | 83% | added | |
| 39 | KMI KINDER MORGAN INC | Energy | 0.4% | $5.6m | 174,690 | 66% | added |
| 40 | CAG CONAGRA BRANDS INC | Consumer Defensive | 0.4% | $5.5m | 409,174 | 113% | added |
| 41 | TMUS T-MOBILE US INC | Communication Services | 0.4% | $5.5m | 32,776 | 134% | added |
| 42 | HLI HOULIHAN LOKEY INC | Financial Services | 0.4% | $5.5m | 40,895 | – | new |
| 43 | PEP PEPSICO INC | Consumer Defensive | 0.3% | $5.4m | 39,939 | – | new |
| 44 | Z ZILLOW GROUP INC - C | Communication Services | 0.3% | $5.4m | 171,283 | 43% | added |
| 45 | CVBF CVB FINANCIAL CORP | Financial Services | 0.3% | $5.4m | 238,859 | 1090% | added |
| 46 | ZM ZOOM COMMUNICATIONS INC | Technology | 0.3% | $5.4m | 62,138 | -35% | reduced |
| 47 | TPC TUTOR PERINI CORP | Industrials | 0.3% | $5.3m | 64,306 | 13% | added |
| 48 | ECL ECOLAB INC | Basic Materials | 0.3% | $5.3m | 18,900 | – | new |
| 49 | VLO VALERO ENERGY CORP | Energy | 0.3% | $5.2m | 20,142 | 203% | added |
| 50 | LPLA LPL FINANCIAL HOLDINGS INC | Financial Services | 0.3% | $5.2m | 18,439 | 18% | added |
What did Dark Forest Capital Management LP sell? Positions exited since the previous filing
| Stock | Prior weight | Prior value |
|---|---|---|
| BPOP POPULAR INC | 3.0% | $11.8m |
| ROKU ROKU INC | 2.5% | $9.9m |
| AGNC AGNC INVESTMENT CORP | 1.8% | $7.0m |
| GOOG ALPHABET INC-CL C | 1.8% | $7.0m |
| BFAM BRIGHT HORIZONS FAMILY SOLUT | 1.8% | $6.9m |
| ATMU ATMUS FILTRATION TECHNOLOGIE | 1.7% | $6.6m |
| FCNCA FIRST CITIZENS BCSHS -CL A | 1.7% | $6.5m |
| LNG CHENIERE ENERGY INC | 1.5% | $5.9m |
| VEEV VEEVA SYSTEMS INC-CLASS A | 1.5% | $5.8m |
| LAZ LAZARD INC | 1.4% | $5.7m |
| SUI SUN COMMUNITIES INC | 1.4% | $5.6m |
| SYK STRYKER CORP | 1.4% | $5.6m |
| WHITE MOUNTAINS INSURANCE GP | 1.3% | $5.0m |
| FLO FLOWERS FOODS INC | 1.2% | $4.8m |
| CACC CREDIT ACCEPTANCE CORP | 1.2% | $4.7m |
| MSI MOTOROLA SOLUTIONS INC | 1.1% | $4.4m |
| HONGBP HONEYWELL INTERNATIONAL INC | 1.1% | $4.4m |
| COP CONOCOPHILLIPS | 1.1% | $4.3m |
| MRVL MARVELL TECHNOLOGY INC | 1.0% | $4.0m |
| MKL MARKEL GROUP INC | 1.0% | $4.0m |
| GPOR GULFPORT ENERGY CORP | 1.0% | $4.0m |
| HEI/A HEICO CORP-CLASS A | 1.0% | $3.8m |
| NTST NETSTREIT CORP | 0.9% | $3.5m |
| WMT WALMART INC | 0.9% | $3.3m |
| BBT BEACON FINANCIAL CORP | 0.9% | $3.3m |
Sector mix
| Sector | Weight |
|---|---|
| Financial Services | 19.4% |
| Industrials | 15.6% |
| Technology | 14.7% |
| Consumer Cyclical | 10.6% |
| Healthcare | 9.2% |
| Consumer Defensive | 5.7% |
Sectors cover positions whose ticker resolved to a sector; the remainder is unclassified, not cash.
Filing history
How concentrated is Dark Forest Capital Management LP's portfolio?
Across every quarter Dark Forest Capital Management LP has filed, its median largest position is 1.1% of the book and its median top-ten weight is 7.7%, which WhaleCreep classifies as diversified (the gate is a median largest position of 5%). Of 315.0 completed holding spells, the median lasted 1.0 quarters; 777.0 positions are still open and their final length is unknown.