Skip to content
Esta página está disponible en españolCambiar →
GestorLensSign up

Dorchester Minerals (DMLP): which funds own it

Energy →(by SIC code, unreviewed)Data as of Jun 30, 2026 (Q2 2026) · updated on Nov 5, 2026

A 13F shows the portfolio at quarter-end and is filed up to 45 days later: these are not real-time positions and they may have changed.

Follow DMLP for free
Share

Sections with a free account

3 concentrated managers hold it (−1 vs last quarter); combined they have held more shares for 5 quarters in a row (1 added, 0 trimmed). Its median weight in those portfolios is 0.3%. 2 officers or directors bought in 6 months.

Who owns Dorchester Minerals?

As of Jun 30, 2026, the largest holders reported on Form 13F were Morgan Stanley (1.0 million shares), Adams Asset Advisors (910,934 shares) and Horizon Kinetics Asset Management (852,651 shares).

Which institutions hold the most Dorchester Minerals shares?

Per Form 13F filings as of Jun 30, 2026:

  1. 1. Morgan Stanley: 1.0 million shares
  2. 2. Adams Asset Advisors: 910,934 shares
  3. 3. Horizon Kinetics Asset Management: 852,651 shares
  4. 4. Turtle Creek Wealth Advisors: 842,225 shares
  5. 5. Hollow Brook Wealth Management: 803,023 shares
  6. 6. MidFirst Bank: 500,743 shares
  7. 7. Meixler Investment Management: 369,041 shares
  8. 8. Pathstone Holdings: 359,480 shares
  9. 9. Royce & Associates: 338,629 shares
  10. 10. ArchPoint Investors: 314,184 shares

Sources:All of the company's proxy statements on EDGAR ↗

We hold 13D and 13G filings made since Dec 23, 2024: a holder above 5% that has not filed since then does not appear here.

Dorchester Minerals revenue

Dorchester Minerals reported annual revenue of $152.8 million for fiscal year 2025 (year ended December 31, 2025), according to its Form 10-K filed with the SEC (XBRL data).

Concentrated managers
3
All 13F: 153
Consensus
—
No score: it needs 5 or more concentrated managers
Price at Jun 30, 2026 (per 13F)
$25.25
-6.8% in the quarter · reported value ÷ shares, not the quote · See current quote ↗

Quarter flow (concentrated managers)

Change in managers (4 → 3): 0 opened · 1 exited = −1

Net flow in the quarter: +$382K (+15 K shares) · bought $572K and sold $190KShares concentrated managers added minus those they cut, valued at the 13F quarter-end implied price, not each trade's price. It is a different measure from the change in managers: the two can have opposite signs.

Accumulation: combined they have held more shares for 5 quarters in a row (1 added, 0 trimmed). It is the combined share count of those still holding it: one large buyer can outweigh many who trimmed.

Concentrated managers holding it

Up to 15, sorted by position value. The percentage is the weight in each manager's portfolio.

Largest holders of DMLP (all 13F filers)

  • Morgan Stanley1.0 MBank or trading desk · 2.12% of the company−739 K
  • Adams Asset Advisorsconcentrated911 KType not verified · 1.86% of the company+23 K
  • Horizon Kinetics Asset Management853 KType not verified · 1.74% of the company−7,575
  • Turtle Creek Wealth Advisors842 KWealth adviser · 1.72% of the company+842 K
  • Hollow Brook Wealth Management803 KWealth adviser · 1.64% of the company0
  • MidFirst Bank501 KBank or trading desk · 1.02% of the company+6,590
  • Meixler Investment Management369 KType not verified · 0.75% of the company−16 K
  • Pathstone Holdings359 KWealth adviser · 0.73% of the company+351 K
  • Royce & Associates339 KType not verified · 0.69% of the company0
  • ArchPoint Investors314 KWealth adviser · 0.64% of the company−186 K

The 10 13F filers with the most shares as of Jun 30, 2026, whatever their type (index firms usually come first). “Change”: shares added or cut versus the previous quarter, split-adjusted; “no data” = there is no comparable portfolio for the previous quarter (no filing, or a filing with its holdings under confidential treatment). “% of the company” only where shares outstanding are up to date. Entities of the same group file separately and some 13F filings include other managers: there may be double counting. With a free account: the top 25, the largest buyers and the largest sellers.

Fundamentals

12-month figures to Jun 30, 2026 · balance sheet as of Jun 30, 2026.

Profitability
Operating margin
—
Net margin
45.5%
ROE
28.8%
Growth
Revenue (TTM)
$192M
Revenue growth
13.9%
Net income (TTM)
$87.4M
Balance sheet
Net debt / EBITDA
—
Free cash flow (TTM)
—
Quality vs sector
—

This company's sector comes from its SIC code, unreviewed, or has too few comparable companies: we do not compare it with its sector.

Figures from the statements the company filed with the SEC (10-K, 10-Q). Free cash flow = operating cash flow − capital expenditures; empty if the company does not report capex. “Quality vs sector”: 0 to 100, the average of its percentiles in ROE, operating margin, free-cash-flow margin, revenue and earnings growth and net debt / EBITDA (at least 3 needed) against companies in its sector above $300M. How each figure is calculated

Shares outstanding: buybacks and dilution

Diluted shares by fiscal year (split-adjusted)

2025: 47.7 M

47.7 M0
20202025
1 year
+14.0%
3 years
+26.7%
5 years
+37.4%
Buybacks (FY 2025)
no data
Share issuance
no data
Stock-based compensation
no data
Dividends paid
no data

From the statements the company filed with the SEC (10-K). The change compares average diluted shares of each fiscal year, on today's basis: negative = it bought back more than it issued; positive = dilution. “No data” = the company does not report that item under a tag we can read; it does not mean zero.

Earnings quality and debt

Operating cash flow ÷ net income (12 months)
1.79
Interest coverage (operating income ÷ interest)
no data
Debt due within 12 months
no data

From the figures the company filed with the SEC. Cash flow over net income near or above 1 means earnings are collected in cash; far below, that part is accounting. Coverage says how many times operating income pays the latest fiscal year's interest. Maturities come from the debt note of the latest annual report, counted from its closing date. “No data” never means zero.

Insiders (Form 4)

Officers and directors who bought (6 m)
2
Amount (6 m)
$254K
CEO/CFO bought (12 m)
Yes

10% owners who bought (6 m): 0

Open-market purchases, excluding 10b5-1 plans. Officers and directors only; joint filers of the same purchase count as one. 10% owners with no role are shown separately. 0 = nobody bought; “no data” = we do not have its Form 4 filings.

Each of the company's Form 4 filings, on EDGAR ↗Latest trades, with date and filing →

Above 5% (13D/13G)

Disclosed stakes, with their amendments. A filing is not always a purchase: there are also reductions and changes of filing entity.

This list may be incomplete: we hold 13D and 13G filings made since Dec 23, 2024. A holder above 5% that has not filed anything since then is not shown here.

Above 5% over time (13D/13G)

Each holder with its filings in order. History since December 2024.

Flagged material events (8-K)

  • Nov 12, 2025Seriousfiling ↗

    Notice of delisting or failure to meet a listing rule (Item 3.01)

  • Aug 7, 2026Routinefiling ↗

    Change in directors or officers (Item 5.02)

    «Dorchester Minerals, L.P. Announces Second Quarter Results»

  • Feb 17, 2026Routinefiling ↗

    Change in directors or officers (Item 5.02)

    «Dorchester Minerals, L.P. Announces Appointment of Manager to Board of Managers»

  • Dec 9, 2025Routinefiling ↗

    Change in directors or officers (Item 5.02)

    «Dorchester Minerals, L.P. Announces the Retirement of Mr. William Casey McManemin from the Board of Managers; Appointments of Mr. Robert C. Vaughn as Interim…»

Alert items the company itself flagged in its 8-K filings with the SEC, most serious first. It is the form's label, with no interpretation from us: Item 5.02 covers routine appointments as well as a chief executive's departure; open the filing. The quoted headline is the original press release's.

All material events (8-K)

Earnings, agreements, financing, management changes and announcements from the last year, with a filter by type and a link to each filing.

Other Energy stocks in managers' portfolios

Same sector and a similar number of concentrated managers holding them. It is a list to keep exploring, not a recommendation.

All of Energy →

Follow DMLP for free

If someone reports a 5%+ stake, we email you (if you turn it on). And when you come back, see whether concentrated managers got in or out. No credit card.

Follow DMLP