Dorchester Minerals
DMLP
137 hedge funds and large institutions have $225M invested in Dorchester Minerals in 2025 Q4 according to their latest regulatory filings, with 19 funds opening new positions, 51 increasing their positions, 27 reducing their positions, and 17 closing their positions.
89% more repeat investments, than reductions
Existing positions increased: 51 | Existing positions reduced: 27
12% more first-time investments, than exits
New positions opened: 19 | Existing positions closed: 17
2.73% more ownership
Funds ownership: 18.14% → 20.86% (+2.7%)
1% more capital invested
Capital invested by funds: $222M → $225M (+$2.84M)
1% more funds holding
Funds holding: 136 → 137 (+1)
0% more funds holding in top 10
Funds holding in top 10: 4 → 4 (0)
56% less call options, than puts
Call options by funds: $700K | Put options by funds: $1.61M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$13M |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$2.52M |
| 3 |
AAA
Adams Asset Advisors
Dallas,
Texas
|
+$1.59M |
| 4 |
GWM
Geneos Wealth Management
Englewood,
Colorado
|
+$1.37M |
| 5 |
IG
ING Group
Amsterdam,
Netherlands
|
+$852K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
-$1.2M |
| 2 |
First Trust Advisors
Wheaton,
Illinois
|
-$1.19M |
| 3 |
CF
Concorde Financial
Dallas,
Texas
|
-$1.07M |
| 4 |
RCM
Requisite Capital Management
Dallas,
Texas
|
-$725K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$639K |
DMLP Hedge Fund Activity: Q4 2025 in Review
137 of the 8,270 institutional investors tracked by Wall St. Rank reported a position in Dorchester Minerals (DMLP) for Q4 2025, worth a combined $225M — up 1.3% from $222M a quarter earlier.
Buyers outnumbered sellers: 19 funds opened new DMLP positions and 17 closed out — a net gain of 2 holders — while 51 added to existing stakes and 27 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $13M. The largest seller was Invesco, exiting entirely with an estimated $1.2M sold.
- 137 institutional investors held Dorchester Minerals (DMLP) as of Q4 2025, up from 136 in Q3 2025.
- Funds reported $225M of Dorchester Minerals stock for Q4 2025, up 1.3% quarter-over-quarter.
- 19 funds opened new Dorchester Minerals positions in Q4 2025 and 17 closed out, a net change of +2 holders.
- The largest Dorchester Minerals buyer in Q4 2025 was Morgan Stanley, an estimated $13M added.
- The largest Dorchester Minerals seller in Q4 2025 was Invesco, an estimated $1.2M sold.
Based on aggregated 13F filings for Q4 2025.