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Livermore
Livermore
ZHEN

Dark Forest Capital Management LP

SEC CIK
0001853322
Latest filing
Aug 14, 2026

Holdings in Q3 2023

Holdings as of Sep 30, 2023, filed Nov 13, 2023. Long positions only; changes compare share counts with Q2 2023.

Institution overview
Positions
1,063
+62 vs. Q2 2023
Portfolio value
$1.19B
+$222.3M (+22.9%) vs. Q2 2023
Filed
Nov 13, 2023
SEC
Holdings of Dark Forest Capital Management LP in Q3 2023
SecurityClassSharesValue% of portfolioShare changeActionHistory
GOOGLAlphabet Inc.Stock300,000$39.3M3.3%−38,807−11.5%ReducedHistory
LULUlululemon athletica inc.Stock44,292$17.1M1.4%+20,554+86.6%AddedHistory
Vanguard Total World Stock ETF922042742ETF142,330$13.3M1.1%+70,174+97.3%Added–
Vanguard Mortgage-Backed Securities ETF92206C771ETF264,954$11.6M1.0%+135,364+104.5%Added–
KSSKOHLS CorpStock515,653$10.8M0.9%+298,693+137.7%AddedHistory
KKRKKR & Co. Inc.COM155,778$9.60M0.8%+155,778NewHistory
Vanguard Scottsdale FDS92206C409SHRT TRM CORP BD108,923$8.19M0.7%+60,747+126.1%Added–
Vanguard Ftse Emerging Markets ETF922042858ETF184,925$7.25M0.6%+96,591+109.3%Added–
SPDR Series Trust78468R622ST BLOO HIGH ETF78,934$7.14M0.6%+42,312+115.5%Added–
JWNNordstrom IncStock447,566$6.69M0.6%+431,948+2,765.7%AddedHistory
CNGLCanna-Global Acquisition CorpCLASS A COM543,436$5.88M0.5%00.0%UnchangedHistory
EDREndeavor Group Holdings, Inc.CL A COM282,463$5.62M0.5%+282,463NewHistory
LNGCheniere Energy, Inc.COM NEW32,814$5.45M0.5%+28,658+689.6%AddedHistory
CRICarters IncCOM77,033$5.33M0.4%+55,291+254.3%AddedHistory
Invesco Exch Traded FD Tr II46138G508SR LN ETF235,847$4.95M0.4%+125,013+112.8%Added–
Vanguard Morningstar Mid-Cap ETF922908629ETF22,702$4.73M0.4%+12,105+114.2%Added–
WERNWerner Enterprises IncCOM106,744$4.16M0.3%+75,638+243.2%AddedHistory
FIGSFIGS, Inc.CL A695,422$4.10M0.3%+235,241+51.1%AddedHistory
HELEHelen of Troy LtdStock35,144$4.10M0.3%+10,587+43.1%AddedHistory
FASTFastenal CoStock74,611$4.08M0.3%+32,652+77.8%AddedHistory
ASBAssociated Banc-CorpCOM238,155$4.07M0.3%+43,859+22.6%AddedHistory
CALYCallaway Golf CoCOM286,339$3.96M0.3%+286,339NewHistory
iShares Tr46435G102CONV BD ETF51,231$3.80M0.3%+7,667+17.6%Added–
LPLALPL Financial Holdings Inc.COM15,625$3.71M0.3%+8,993+135.6%AddedHistory
BECNQxo Building Products, Inc.COM46,529$3.59M0.3%+34,550+288.4%AddedHistory
LIILennox International IncCOM9,425$3.53M0.3%+2,433+34.8%AddedHistory
SPDR Series Trust78468R408ST TERM HIGH ETF142,561$3.49M0.3%+87,271+157.8%Added–
ALLEAllegion plcORD SHS33,364$3.48M0.3%+9,476+39.7%AddedHistory
State Street Real Estate Select Sector SPDR ETF81369Y860ETF101,051$3.44M0.3%+32,109+46.6%Added–
UALUnited Airlines Holdings, Inc.COM81,124$3.43M0.3%+50,714+166.8%AddedHistory
LRCXLam Research CorpCOM5,439$3.41M0.3%+4,075+298.8%AddedHistory
HLFHerbalife Ltd.COM SHS241,394$3.38M0.3%+76,033+46.0%AddedHistory
WTSWatts Water Technologies IncCL A19,454$3.36M0.3%+10,467+116.5%AddedHistory
ALGMAllegro Microsystems, Inc.COM100,700$3.22M0.3%+42,948+74.4%AddedHistory
GOGrocery Outlet Holding Corp.COM107,406$3.10M0.3%+71,623+200.2%AddedHistory
APPFAppfolio IncCOM CL A16,620$3.04M0.3%+5,356+47.5%AddedHistory
TDWTidewater IncCOM42,311$3.01M0.3%+24,986+144.2%AddedHistory
iShares Tr464288281JPMORGAN USD EMG36,328$3.00M0.3%+21,480+144.7%Added–
NXPINXP Semiconductors N.V.COM14,977$2.99M0.3%+6,924+86.0%AddedHistory
LBRDKLiberty Broadband CorpCOM SER C32,692$2.99M0.3%+14,961+84.4%AddedHistory
KOCoca Cola CoStock53,003$2.97M0.2%+3,934+8.0%AddedHistory
AIRCApartment Income REIT Corp.COM95,021$2.92M0.2%+49,959+110.9%AddedHistory
VICRVicor CorpCOM49,090$2.89M0.2%+3,682+8.1%AddedHistory
HDHome Depot, Inc.Stock9,500$2.87M0.2%+5,166+119.2%AddedHistory
MKLMarkel Group Inc.COM1,945$2.86M0.2%+1,679+631.2%AddedHistory
SPDR Series Trust78464A714ST STR SP RETAIL46,994$2.86M0.2%+28,186+149.9%Added–
CPECallon Petroleum CoCOM72,876$2.85M0.2%+45,004+161.5%AddedHistory
MCDMcDonalds CorpStock10,807$2.85M0.2%+8,654+402.0%AddedHistory
PRGOPERRIGO Co plcSHS88,945$2.84M0.2%+71,385+406.5%AddedHistory
VIRTVirtu Financial, Inc.CL A163,811$2.83M0.2%−31,104−16.0%ReducedHistory
WMSAdvanced Drainage Systems, Inc.COM24,824$2.83M0.2%+19,888+402.9%AddedHistory
FLOFlowers Foods IncCOM126,200$2.80M0.2%+93,450+285.3%AddedHistory
DPZDominos Pizza IncCOM7,242$2.74M0.2%+4,842+201.8%AddedHistory
PAGPPlains GP Holdings LPLTD PARTNR INT A170,159$2.74M0.2%+69,157+68.5%AddedHistory
SKYWSkywest IncCOM64,272$2.70M0.2%+33,039+105.8%AddedHistory
LNTAlliant Energy CorpStock55,571$2.69M0.2%+48,981+743.3%AddedHistory
WWDWoodward, Inc.COM21,551$2.68M0.2%+6,149+39.9%AddedHistory
Vanguard Scottsdale FDS92206C664VNG RUS2000IDX37,436$2.67M0.2%+15,000+66.9%Added–
PXDPioneer Natural Resources CoCOM11,559$2.65M0.2%+9,113+372.6%AddedHistory
iShares Inc464286103MSCI AUST ETF122,894$2.64M0.2%+5,470+4.7%Added–
FLSFlowserve CorpCOM66,067$2.63M0.2%+66,067NewHistory
PSXPhillips 66Stock21,748$2.61M0.2%+14,467+198.7%AddedHistory
VNTVontier CorpStock84,372$2.61M0.2%+25,731+43.9%AddedHistory
ACIWAci Worldwide, Inc.Stock114,437$2.58M0.2%+6,878+6.4%AddedHistory
ALGNAlign Technology IncCOM8,454$2.58M0.2%+6,539+341.5%AddedHistory
HUNHuntsman CORPCOM105,627$2.58M0.2%+56,598+115.4%AddedHistory
AMHAmerican Homes 4 RentCL A75,132$2.53M0.2%+53,301+244.2%AddedHistory
GHCGraham Holdings CoCOM CL B4,341$2.53M0.2%+4,341NewHistory
NDAQNasdaq, Inc.COM52,055$2.53M0.2%+17,905+52.4%AddedHistory
ENVEnvestnet, Inc.COM57,345$2.52M0.2%+57,345NewHistory
LDOSLeidos Holdings, Inc.COM27,391$2.52M0.2%+19,384+242.1%AddedHistory
XRAYDentsply Sirona Inc.Stock73,702$2.52M0.2%+28,167+61.9%AddedHistory
BLBlackline, Inc.COM45,124$2.50M0.2%+22,491+99.4%AddedHistory
BKRBaker Hughes CoCL A70,294$2.48M0.2%+29,848+73.8%AddedHistory
OIIOceaneering International IncStock95,797$2.46M0.2%+71,741+298.2%AddedHistory
GDRXGoodRx Holdings, Inc.COM CL A435,912$2.45M0.2%+435,912NewHistory
FRSHFreshworks Inc.Stock121,700$2.42M0.2%−23,300−16.1%ReducedHistory
AGNCAGNC Investment Corp.REIT255,402$2.41M0.2%+163,227+177.1%AddedHistory
SMSM Energy CoCOM60,407$2.40M0.2%+60,407NewHistory
CMECME Group Inc.COM11,926$2.39M0.2%+865+7.8%AddedHistory
NSITInsight Enterprises IncCOM16,404$2.39M0.2%+13,642+493.9%AddedHistory
ITWIllinois Tool Works IncStock10,339$2.38M0.2%+4,583+79.6%AddedHistory
OCOwens CorningStock17,448$2.38M0.2%+12,733+270.1%AddedHistory
ESIElement Solutions IncCOM120,621$2.37M0.2%+110,377+1,077.5%AddedHistory
PEPPepsiCo IncStock13,925$2.36M0.2%+4,809+52.8%AddedHistory
BLDQXO Insulation, LLCStock9,369$2.36M0.2%+4,718+101.4%AddedHistory
AMATApplied Materials IncStock16,866$2.34M0.2%−4,420−20.8%ReducedHistory
CRBGCorebridge Financial, Inc.COM118,104$2.33M0.2%+91,602+345.6%AddedHistory
HEI.AHeico CorpCL A18,000$2.33M0.2%00.0%UnchangedHistory
SSNCSS&C Technologies Holdings IncCOM44,095$2.32M0.2%+44,095NewHistory
BNLBroadstone Net Lease, Inc.COM161,880$2.31M0.2%+116,225+254.6%AddedHistory
JPMJPMorgan Chase & CoStock15,934$2.31M0.2%+9,229+137.6%AddedHistory
AAONAaon, Inc.COM PAR $0.00440,595$2.31M0.2%+36,682+937.4%AddedHistory
CNOCNO Financial Group, Inc.COM96,660$2.29M0.2%+10,422+12.1%AddedHistory
BXSLBlackstone Secured Lending FundCOMMON STOCK83,136$2.27M0.2%+42,447+104.3%AddedHistory
HRBH&R Block IncCOM52,814$2.27M0.2%+52,814NewHistory
SKINSkinHealth Systems Inc.COM CL A377,114$2.27M0.2%+321,898+583.0%AddedHistory
CCOICogent Communications Holdings, Inc.COM NEW36,629$2.27M0.2%+29,182+391.9%AddedHistory
NOVNOV Inc.COM107,308$2.24M0.2%+107,308NewHistory
NXHNeighborhood Intelligence, Inc.COM141,346$2.24M0.2%+97,587+223.0%AddedHistory

Options (1)

Puts and calls in the same filing. Amounts are the market value of the underlying shares, which is what 13F reports.

Option positions of Dark Forest Capital Management LP in Q3 2023
SecurityClassPutsCalls
SPYSPDR S&P 500 ETF TrustETF$106.9M–

Sold out since Q2 2023 (322)

Positions held at the end of Q2 2023 that are gone from this filing.

The largest 100 of 322 by value last quarter.

Positions of Dark Forest Capital Management LP sold out since Q2 2023
SecurityClassShares in Q2 2023Value in Q2 2023% of portfolio in Q2 2023History
ABNBAirbnb, Inc.Stock100,169$12.8M1.3%History
FOURShift4 Payments, Inc.CL A130,345$8.85M0.9%History
TRIPTripAdvisor, Inc.COM386,588$6.37M0.7%History
STAAStaar Surgical CoCOM PAR $0.01103,222$5.43M0.6%History
DLBDolby Laboratories, Inc.COM CL A61,798$5.17M0.5%History
PZZAPapa Johns International IncStock64,645$4.77M0.5%History
GDDYGoDaddy Inc.CL A56,958$4.28M0.4%History
BKIBlack Knight, Inc.COM68,042$4.06M0.4%History
ENREnergizer Holdings, Inc.COM103,292$3.47M0.4%History
CATYCathay General BancorpCOM100,730$3.24M0.3%History
ARCHArch Resources, Inc.CL A23,885$2.69M0.3%History
TRISTristar Acquisition I Corp.CL A ORD SHS236,151$2.47M0.3%History
FLFoot Locker, Inc.COM90,465$2.45M0.3%History
MRCYMercury Systems IncCOM65,196$2.26M0.2%History
ALSAFAlpha Star Acquisition CorpORDINARY SHARES205,970$2.21M0.2%History
SBUXStarbucks CorpStock21,311$2.11M0.2%History
PRPermian Resources CorpCLASS A COM191,918$2.10M0.2%History
MGMMGM Resorts InternationalStock45,196$1.99M0.2%History
Kensington Capital AcquisitiG5251K103SHS CL A165,204$1.74M0.2%–
Colombier Acquisition Corp19533H108CL A168,550$1.73M0.2%–
SPLKSplunk IncCOM15,740$1.67M0.2%History
EXLSExlService Holdings, Inc.COM10,820$1.63M0.2%History
DBAInvesco DB Agriculture FundAGRICULTURE FD76,094$1.60M0.2%History
MCHPMicrochip Technology IncStock17,810$1.60M0.2%History
FTIIFutureTech II Acquisition Corp.CLASS A COM147,429$1.58M0.2%History
PVHPVH Corp.COM18,235$1.55M0.2%History
FSLRFirst Solar, Inc.Stock7,775$1.48M0.2%History
AZEKAZEK Co Inc.CL A46,639$1.41M0.1%History
DARDarling Ingredients Inc.COM21,872$1.40M0.1%History
TRNOTerreno Realty CorpCOM22,187$1.33M0.1%History
NTSTNETSTREIT Corp.COM71,505$1.28M0.1%History
KHCKraft Heinz CoStock35,526$1.26M0.1%History
JBHTHunt J B Transport Services IncCOM6,902$1.25M0.1%History
PDCEPDC Energy, Inc.COM17,534$1.25M0.1%History
PCORProcore Technologies, Inc.COM19,096$1.24M0.1%History
MSGSMadison Square Garden Sports Corp.CL A6,523$1.23M0.1%History
NSANational Storage Affiliates TrustCOM SHS BEN IN34,534$1.20M0.1%History
JBLJabil IncStock11,008$1.19M0.1%History
PINCPremier, Inc.CL A42,940$1.19M0.1%History
AXTAAxalta Coating Systems Ltd.COM34,622$1.14M0.1%History
PFEPfizer IncStock30,867$1.13M0.1%History
UNMUnum GroupStock23,433$1.12M0.1%History
IPGInterpublic Group of Companies, Inc.COM27,966$1.08M0.1%History
WSMWilliams Sonoma IncCOM8,620$1.08M0.1%History
GOLDGold.com, Inc.COM28,708$1.07M0.1%History
BURLBurlington Stores, Inc.COM6,543$1.03M0.1%History
Roadzen Inc.G9320Z109CLASS A ORD96,064$1.02M0.1%–
WKWorkiva IncCOM CL A9,793$995.6K0.1%History
RSGRepublic Services, Inc.COM6,471$991.2K0.1%History
LWLamb Weston Holdings, Inc.Stock8,539$981.6K0.1%History
TRTNTriton International LtdCL A11,712$975.1K0.1%History
AMDAdvanced Micro Devices IncStock8,498$968.0K0.1%History
GLGlobe Life Inc.COM8,820$966.8K0.1%History
CHEChemed CorpCOM1,778$963.1K0.1%History
VRSNVerisign IncCOM4,238$957.7K0.1%History
WRBBerkley W R CorpCOM15,906$947.4K0.1%History
JNPRJuniper Networks IncCOM29,186$914.4K0.1%History
MKSIMKS IncCOM8,385$906.4K0.1%History
ABMAbm Industries IncCOM21,195$904.0K0.1%History
HIBBHibbett IncCOM24,893$903.4K0.1%History
PINSPinterest, Inc.CL A32,950$900.9K0.1%History
GGenpact LTDSHS23,909$898.3K0.1%History
LOVELovesac CoCOM32,929$887.4K0.1%History
LFUSLittelfuse IncCOM3,010$876.8K0.1%History
IMXIInternational Money Express, Inc.COM35,744$876.8K0.1%History
CRMSalesforce, Inc.Stock4,123$871.0K0.1%History
VFCV F CorpStock45,185$862.6K0.1%History
NOCNorthrop Grumman CorpStock1,877$855.5K0.1%History
JCIJohnson Controls International plcStock12,549$855.1K0.1%History
WWEWorld Wrestling Entertainment, LLCCL A7,883$855.1K0.1%History
GXOGXO Logistics, Inc.Stock13,511$848.8K0.1%History
HCCWarrior Met Coal, Inc.COM21,659$843.6K0.1%History
PENPenumbra IncCOM2,370$815.4K0.1%History
THCPThunder Bridge Capital Partners IV, Inc.CLASS A COM80,000$809.6K0.1%History
BKEBuckle IncCOM23,114$799.7K0.1%History
OCFCOceanfirst Financial CorpCOM50,937$795.6K0.1%History
EWBCEast West Bancorp IncCOM15,009$792.3K0.1%History
DUKDuke Energy CORPStock8,790$788.8K0.1%History
LIVNLivaNova PLCSHS15,280$785.9K0.1%History
EFSCEnterprise Financial Services CorpCOM19,774$773.2K0.1%History
PORPortland General Electric CoCOM NEW16,484$771.9K0.1%History
NSCNorfolk Southern CorpStock3,389$768.5K0.1%History
BLDRBuilders FirstSource, Inc.Stock5,647$768.0K0.1%History
CMTGClaros Mortgage Trust, Inc.COMMON STOCK67,689$767.6K0.1%History
CCICrown Castle Inc.REIT6,712$764.8K0.1%History
SCIService Corp InternationalCOM11,836$764.5K0.1%History
NSSCNapco Security Technologies, IncStock21,788$755.0K0.1%History
Vanguard Intl Equity Index F922042874FTSE EUROPE ETF12,194$752.4K0.1%–
VRNSVaronis Systems IncCOM28,165$750.6K0.1%History
NSTGNS Wind Down Co., Inc.COM182,354$738.5K0.1%History
MBLYMobileye Global Inc.Stock19,176$736.7K0.1%History
HZNPHorizon Therapeutics Public Ltd CoSHS7,143$734.7K0.1%History
VIRVir Biotechnology, Inc.COM29,877$732.9K0.1%History
CWSTCasella Waste Systems IncCL A7,940$718.2K0.1%History
AMKAssetMark Financial Holdings, Inc.COM24,153$716.4K0.1%History
AVTRAvantor, Inc.COM34,869$716.2K0.1%History
OKEONEOK IncCOM11,560$713.5K0.1%History
MHOM/I Homes, Inc.COM8,160$711.5K0.1%History
DOVDOVER CorpCOM4,812$710.5K0.1%History
CYTKCytokinetics IncCOM NEW21,546$702.8K0.1%History