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Dakota Gold

109 hedge funds and large institutions have $127M invested in Dakota Gold in 2025 Q1 according to their latest regulatory filings, with 23 funds opening new positions, 44 increasing their positions, 25 reducing their positions, and 9 closing their positions.

New
Increased
Maintained
Reduced
Closed

156% more first-time investments, than exits

New positions opened: 23 | Existing positions closed: 9

76% more repeat investments, than reductions

Existing positions increased: 44 | Existing positions reduced: 25

76% more call options, than puts

Call options by funds: $137K | Put options by funds: $78K

52% more capital invested

Capital invested by funds: $83.9M → $127M (+$43.3M)

15% more funds holding

Funds holding: 95109 (+14)

2.4% more ownership

Funds ownership: 40.52%42.92% (+2.4%)

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

Holders
109
Holders Change
+14
Holders Change %
+14.74%
% of All Funds
1.46%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.01%
New
23
Increased
44
Reduced
25
Closed
9
Calls
$137K
Puts
$78K
Net Calls
+$59K
Net Calls Change
+$7K
Name Holding Trade Value Shares
Change
Change in
Stake
ORP
1
Orion Resource Partners
New York
$25.7M +$1.92M +700,000 +8%
BlackRock
2
BlackRock
New York
$11.7M +$570K +207,801 +5%
Vanguard Group
3
Vanguard Group
Pennsylvania
$10.4M +$1.05M +383,180 +11%
Bank of Montreal
4
Bank of Montreal
Ontario, Canada
$8.26M +$8.4M +3,063,396 +5,906%
VanEck Associates
5
VanEck Associates
New York
$8.13M -$1.14M -415,064 -12%
Franklin Resources
6
Franklin Resources
California
$6.49M +$6.72M +2,450,000 New
Fidelity Investments
7
Fidelity Investments
Massachusetts
$6.32M -$150K -54,761 -2%
EPAM
8
Euro Pacific Asset Management
Puerto Rico
$5.35M +$2.45M +892,460 +80%
Geode Capital Management
9
Geode Capital Management
Massachusetts
$4.07M +$166K +60,630 +4%
VI
10
Vestcor Inc
New Brunswick, Canada
$4.01M +$1.11M +404,065 +36%
TF
11
Trek Financial
Arizona
$3.25M +$3.01M +1,096,590 +854%
DSC
12
Donald Smith & Co
New York
$2.86M +$2.13M +775,000 +254%
Amundi
13
Amundi
France
$2.7M +$2.81M +1,025,000 New
SI
14
Sprott Inc
Ontario, Canada
$2.58M -$74K -26,974 -3%
State Street
15
State Street
Massachusetts
$2.55M +$36.4K +13,282 +1%
Marshall Wace
16
Marshall Wace
United Kingdom
$2.53M +$1.77M +644,031 +207%
CI Investments Inc
17
CI Investments Inc
Ontario, Canada
$2.39M -$666K -242,750 -21%
Renaissance Technologies
18
Renaissance Technologies
New York
$2.14M +$690K +251,793 +45%
Dimensional Fund Advisors
19
Dimensional Fund Advisors
Texas
$1.53M +$249K +90,737 +19%
Northern Trust
20
Northern Trust
Illinois
$1.48M -$40.2K -14,676 -3%
Connor, Clark & Lunn Investment Management (CC&L)
21
Connor, Clark & Lunn Investment Management (CC&L)
British Columbia, Canada
$885K +$428K +155,985 +88%
Two Sigma Investments
22
Two Sigma Investments
New York
$825K +$534K +194,708 +167%
N
23
Nuveen
North Carolina
$738K +$19 +7 +0%
Goldman Sachs
24
Goldman Sachs
New York
$557K +$22.6K +8,249 +4%
Squarepoint
25
Squarepoint
New York
$547K +$248K +90,355 +78%

DC Hedge Fund Activity: Q1 2025 in Review

109 of the 7,457 institutional investors tracked by Wall St. Rank reported a position in Dakota Gold (DC) for Q1 2025, worth a combined $127M — up 52% from $83.9M a quarter earlier.

Buyers outnumbered sellers: 23 funds opened new DC positions and 9 closed out — a net gain of 14 holders — while 44 added to existing stakes and 25 trimmed.

The largest buyer was Bank of Montreal, adding an estimated $8.4M. The largest seller was Fourth Sail Capital, cutting an estimated $6.97M.

  • 109 institutional investors held Dakota Gold (DC) as of Q1 2025, up from 95 in Q4 2024.
  • Funds reported $127M of Dakota Gold stock for Q1 2025, up 52% quarter-over-quarter.
  • 23 funds opened new Dakota Gold positions in Q1 2025 and 9 closed out, a net change of +14 holders.
  • The largest Dakota Gold buyer in Q1 2025 was Bank of Montreal, an estimated $8.4M added.
  • The largest Dakota Gold seller in Q1 2025 was Fourth Sail Capital, an estimated $6.97M sold.

Based on aggregated 13F filings for Q1 2025.