Dakota Gold
176 hedge funds and large institutions have $333M invested in Dakota Gold in 2026 Q1 according to their latest regulatory filings, with 45 funds opening new positions, 69 increasing their positions, 37 reducing their positions, and 20 closing their positions.
125% more first-time investments, than exits
New positions opened: 45 | Existing positions closed: 20
86% more repeat investments, than reductions
Existing positions increased: 69 | Existing positions reduced: 37
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
17% more capital invested
Capital invested by funds: $284M → $333M (+$49.6M)
16% more funds holding
Funds holding: 152 → 176 (+24)
5.3% more ownership
Funds ownership: 44.12% → 49.42% (+5.3%)
79% less call options, than puts
Call options by funds: $1.2M | Put options by funds: $5.81M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
State Street
Boston,
Massachusetts
|
+$28.1M |
| 2 |
BCM
Bornite Capital Management
New York
|
+$11.8M |
| 3 |
Alyeska Investment Group
Chicago,
Illinois
|
+$7.4M |
| 4 |
Franklin Resources
San Mateo,
California
|
+$6.39M |
| 5 |
GLF
Groupe la Francaise
Paris,
France
|
+$5.03M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ORP
Orion Resource Partners
New York
|
-$5.92M |
| 2 |
Marshall Wace
London,
United Kingdom
|
-$3.95M |
| 3 |
Millennium Management
New York
|
-$3.16M |
| 4 |
Invesco
Atlanta,
Georgia
|
-$2.91M |
| 5 |
FWWM
Fiscal Wisdom Wealth Management
Canton,
Connecticut
|
-$1.47M |
DC Hedge Fund Activity: Q1 2026 in Review
176 institutional investors reported a position in Dakota Gold (DC) for Q1 2026, worth a combined $333M — up 17% from $284M a quarter earlier.
Buyers outnumbered sellers: 45 funds opened new DC positions and 20 closed out — a net gain of 25 holders — while 69 added to existing stakes and 37 trimmed.
The largest buyer was State Street, adding an estimated $28.1M. The largest seller was Orion Resource Partners, cutting an estimated $5.92M.
- 176 institutional investors held Dakota Gold (DC) as of Q1 2026, up from 152 in Q4 2025.
- Funds reported $333M of Dakota Gold stock for Q1 2026, up 17% quarter-over-quarter.
- 45 funds opened new Dakota Gold positions in Q1 2026 and 20 closed out, a net change of +25 holders.
- The largest Dakota Gold buyer in Q1 2026 was State Street, an estimated $28.1M added.
- The largest Dakota Gold seller in Q1 2026 was Orion Resource Partners, an estimated $5.92M sold.
Based on aggregated 13F filings for Q1 2026.