Dakota Gold
152 hedge funds and large institutions have $284M invested in Dakota Gold in 2025 Q4 according to their latest regulatory filings, with 30 funds opening new positions, 57 increasing their positions, 40 reducing their positions, and 19 closing their positions.
58% more first-time investments, than exits
New positions opened: 30 | Existing positions closed: 19
43% more repeat investments, than reductions
Existing positions increased: 57 | Existing positions reduced: 40
23% more capital invested
Capital invested by funds: $231M → $284M (+$53.3M)
6% more funds holding
Funds holding: 143 → 152 (+9)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
0.99% less ownership
Funds ownership: 45.12% → 44.12% (-0.99%)
67% less call options, than puts
Call options by funds: $874K | Put options by funds: $2.66M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NC
Nokomis Capital
Dallas,
Texas
|
+$7.11M |
| 2 |
Invesco
Atlanta,
Georgia
|
+$2.34M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$1.9M |
| 4 |
BlackRock
New York
|
+$1.82M |
| 5 |
EPAM
Euro Pacific Asset Management
Dorado,
Puerto Rico
|
+$1.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ORP
Orion Resource Partners
New York
|
-$9.6M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$6.53M |
| 3 |
Renaissance Technologies
New York
|
-$3.24M |
| 4 |
Marshall Wace
London,
United Kingdom
|
-$1.79M |
| 5 |
VI
Vestcor Inc
Fredericton,
New Brunswick, Canada
|
-$1.71M |
DC Hedge Fund Activity: Q4 2025 in Review
152 of the 8,270 institutional investors tracked by Wall St. Rank reported a position in Dakota Gold (DC) for Q4 2025, worth a combined $284M — up 23% from $231M a quarter earlier.
Buyers outnumbered sellers: 30 funds opened new DC positions and 19 closed out — a net gain of 11 holders — while 57 added to existing stakes and 40 trimmed.
The largest buyer was Nokomis Capital, opening a new position worth an estimated $7.11M. The largest seller was Orion Resource Partners, cutting an estimated $9.6M.
- 152 institutional investors held Dakota Gold (DC) as of Q4 2025, up from 143 in Q3 2025.
- Funds reported $284M of Dakota Gold stock for Q4 2025, up 23% quarter-over-quarter.
- 30 funds opened new Dakota Gold positions in Q4 2025 and 19 closed out, a net change of +11 holders.
- The largest Dakota Gold buyer in Q4 2025 was Nokomis Capital, an estimated $7.11M added.
- The largest Dakota Gold seller in Q4 2025 was Orion Resource Partners, an estimated $9.6M sold.
Based on aggregated 13F filings for Q4 2025.