Dakota Gold

DC • AMEX

Dakota Gold is a gold company in the basic materials sector on AMEX, led by Jonathan Awde, with a market cap of $651.3M. As of Q3 2025, 45% of shares are held by 141 institutional investors, with Orion Resource Partners LP as the largest holder at 6.39%.

President & Chief Executive OfficerJonathan Awde

Market Cap$651.3M

Gold

Basic Materials

Employees41.0

Websitedakotagoldcorp.com

Country

United States of America

Overview

Overview of institutional ownership in DC as of Q3 2025 with a market cap of $511.2M

All Institutions

Institutions: 141
Value Held: $230.4M
Shares Held: 50.7M
Avg Position: $1.6M
Median Position: $174.1K

Hedge Funds

Hedge Funds: 18
Value Held: $12.0M
Shares Held: 2.6M
Avg Position: $665.6K
Median Position: $234.1K

Ownership Breakdown

Institutional (non-HF)

42.73%

$218.4M

Hedge Funds

2.34%

$12.0M

Retail & Other

54.92%

$280.8M

Based on market cap of $511.2M as of Q3 2025. Institutional (non-HF) excludes hedge funds to avoid double counting.

Biggest Investors

Institutions with the largest positions in DC as of Q3 2025

Institution	Key People	Position Value	Ownership	Owned Since	Total AUM (Long)
O Orion Resource Partners LP Private Equity	Oskar Paul Lewnowski CEO	$32.7M 11.87% of portfolio	6.39% 7.2M shares	Q2 2024 Held for 1y 5m	$275.2M
B BlackRock, Inc. Institution	-	$26.2M 0.00% of portfolio	5.12% 5.8M shares	Q2 2022 Held for 3y 5m	$5.67T
VANGUARD GROUP INC Institution	Salim Ramji CEO	$21.9M 0.00% of portfolio	4.29% 4.8M shares	Q2 2022 Held for 3y 5m	$6.69T
VAN ECK ASSOCIATES CORP ETF Provider	Jan Frederick Vaneck CEO	$15.5M 0.02% of portfolio	3.03% 3.4M shares	Q2 2022 Held for 3y 5m	$96.6B
FRANKLIN RESOURCES INC Institution	Gregory E. Johnson CEO	$12.7M 0.00% of portfolio	2.49% 2.8M shares	Q1 2025 Held for 8 months	$395.36B
Euro Pacific Asset Management, LLC Long Only Manager	James Ryan Nelson Managing Partner	$12.2M 1.82% of portfolio	2.38% 2.7M shares	Q4 2022 Held for 2y 11m	$670.2M
GEODE CAPITAL MANAGEMENT LLC ETF Provider	David Kenneth Lane CEO	$8.7M 0.00% of portfolio	1.71% 1.9M shares	Q2 2022 Held for 3y 5m	$1.57T
A Amundi Institution	-	$6.8M 0.00% of portfolio	1.34% 1.5M shares	Q1 2025 Held for 8 months	$311.18B
STATE STREET CORP Institution	Ronald P. O'Hanley CEO	$6.8M 0.00% of portfolio	1.33% 1.5M shares	Q2 2022 Held for 3y 5m	$2.88T
Marshall Wace LLP Institution	Diana Lj Harrison President	$6.7M 0.01% of portfolio	1.31% 1.5M shares	Q2 2024 Held for 1y 5m	$90.3B

Net Capital Flow

Institutional buying and selling activity for DC in Q3 2025

Traded: +$8.8M
Buyers: 89
Sellers: 36
Total Bought: +$33.1M
Total Sold: −$24.3M
Avg Position: $1.6M

Biggest Buyers

Institution	Net Bought	Current Position
Fiscal Wisdom Wealth Management, LLC RIA/Wealth	+$3.7M +852.8K shares	$3.7M 852.8K shares
Groupe la Francaise Fund of Funds	+$2.5M +550.0K shares	$2.5M 550.0K shares
B BlackRock, Inc. Institution	+$2.4M +522.4K shares	$26.2M 5.8M shares
TUDOR INVESTMENT CORP ET AL Hedge Fund•Multi-Strategy	+$2.2M +488.9K shares	$2.2M 488.9K shares
A Amundi Institution	+$2.2M +475.0K shares	$6.8M 1.5M shares
Marshall Wace LLP Institution	+$2.0M +434.1K shares	$6.7M 1.5M shares
Euro Pacific Asset Management, LLC Long Only Manager	+$1.6M +358.2K shares	$12.2M 2.7M shares
RAYMOND JAMES FINANCIAL INC RIA/Wealth	+$1.3M +288.0K shares	$1.3M 288.0K shares
FRANKLIN RESOURCES INC Institution	+$1.3M +275.1K shares	$12.7M 2.8M shares
Connor, Clark & Lunn Investment Management Ltd. Long Only Manager	+$939.8K +206.6K shares	$2.9M 639.8K shares

Biggest Sellers

Institution	Net Sold	Current Position
O Orion Resource Partners LP Private Equity	−$11.5M −2.5M shares	$32.7M 7.2M shares
FMR LLC Institution	−$4.6M −1.0M shares	$6.3M 1.4M shares
V Vestcor Investment Management Corp Institution	−$3.2M −714.2K shares	$2.4M 536.0K shares
S Squarepoint Ops LLC Hedge Fund•Quant	−$658.0K −178.3K shares	Sold Off 0 shares
BCJ Capital Management, LLC RIA/Wealth	−$530.4K −116.6K shares	$5.6M 1.2M shares
TWO SIGMA ADVISERS, LLC Hedge Fund•Multi-Strategy	−$441.1K −96.9K shares	$313.0K 68.8K shares
TWO SIGMA INVESTMENTS LLC Hedge Fund•Multi-Strategy	−$406.9K −89.4K shares	$1.7M 365.9K shares
V Virtu Financial LLC Institution	−$309.0K −67.9K shares	$62.9K 13.8K shares
VAN ECK ASSOCIATES CORP ETF Provider	−$307.5K −67.6K shares	$15.5M 3.4M shares
X XTX Topco Ltd Institution	−$261.7K −57.5K shares	$57.7K 12.7K shares

Entry and Exit Activity

Institutions that initiated new positions or completely exited DC in Q3 2025

New Positions: 32
New Value: $14.9M
Exited Positions: 6
Exited Value: $1.1M

New Positions

Institution	Position Value
Fiscal Wisdom Wealth Management, LLC RIA/Wealth	$3.7M 852.8K shares
Groupe la Francaise Fund of Funds	$2.5M 550.0K shares
TUDOR INVESTMENT CORP ET AL Hedge Fund•Multi-Strategy	$2.2M 488.9K shares
RAYMOND JAMES FINANCIAL INC RIA/Wealth	$1.3M 288.0K shares
E EDMOND DE ROTHSCHILD HOLDING S.A. Institution	$642.9K 141.3K shares
K Knoll Capital Management, LP Institution	$559.3K 122.9K shares
MARTINGALE ASSET MANAGEMENT L P Long Only Manager	$547.8K 120.4K shares
Quantbot Technologies LLC Hedge Fund•Quant	$540.1K 118.7K shares
ExodusPoint Capital Management, LP Hedge Fund•Multi-Strategy	$509.9K 112.1K shares
U Universal- Beteiligungs- und Servicegesellschaft mbH Institution	$409.5K 90.0K shares

Exited Positions

Institution	Previous Position
S Squarepoint Ops LLC Hedge Fund•Quant	$658.0K 178.3K shares
Buckingham Strategic Partners RIA/Wealth	$192.8K 52.2K shares
Walleye Trading Advisors, LLC Hedge Fund•Multi-Strategy	$137.3K 37.2K shares
LOS ANGELES CAPITAL MANAGEMENT & EQUITY RESEARCH INC Long Only Manager	$59.1K 16.0K shares
Q Quadrature Capital Ltd Institution	$49.0K 13.3K shares
W WealthTrak Capital Management LLC RIA/Wealth	$222.0 60.0 shares

Options Activity

Institutions with the largest Call and Put options positions in DC as of Q3 2025

Call Positions: 3
Call Value: $381.6K
Put Positions: 1
Put Value: $101.5K

Call Positions

Institution	Position Value
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	$166.1K 365.0 contracts
W WOLVERINE TRADING, LLC Institution	$139.1K 296.0 contracts
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	$76.4K 168.0 contracts

Put Positions

Institution	Position Value
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	$101.5K 223.0 contracts

Most Committed Institutions

Institutions with DC as the highest % of their portfolio as of Q3 2025

Institution	Key People	Portfolio Weight	Ownership	Owned Since	Total AUM (Long)
O Orion Resource Partners LP Private Equity	Oskar Paul Lewnowski CEO	11.87% $32.7M	6.39% 7.2M shares	Q2 2024 Held for 1y 5m	$275.2M
Fiscal Wisdom Wealth Management, LLC RIA/Wealth	Michael Edward Chadwick CEO	3.47% $3.7M	0.76% 852.8K shares	Q3 2025 Held for 2 months	$105.6M
Euro Pacific Asset Management, LLC Long Only Manager	James Ryan Nelson Managing Partner	1.82% $12.2M	2.38% 2.7M shares	Q4 2022 Held for 2y 11m	$670.2M
M MEDICI CAPITAL LLC Institution	-	0.42% $329.1K	0.06% 72.3K shares	Q2 2025 Held for 5 months	$78.1M
BCJ Capital Management, LLC RIA/Wealth	Justin Michael Young CEO	0.34% $5.6M	1.09% 1.2M shares	Q4 2024 Held for 11 months	$1.7B
H Hartree Partners, LP Institution	-	0.32% $923.7K	0.18% 203.0K shares	Q2 2025 Held for 5 months	$287.0M
K Knoll Capital Management, LP Institution	-	0.30% $559.3K	0.11% 122.9K shares	Q3 2025 Held for 2 months	$186.6M
S SPROTT INC. Institution	-	0.19% $4.9M	0.97% 1.1M shares	Q2 2022 Held for 3y 5m	$2.7B
Higgins & Schmidt Wealth Strategies LLC RIA/Wealth	Molly Jeanne Cooper CCO	0.12% $239.9K	0.05% 52.7K shares	Q1 2024 Held for 1y 8m	$198.0M
DONALD SMITH & CO., INC. Long Only Manager	Richard Lawrence Greenberg CEO	0.10% $4.9M	0.96% 1.1M shares	Q2 2024 Held for 1y 5m	$5.0B

Hedge Fund Spotlight

Discover hedge funds investing in DC

Point72 Asset Management, L.P.

Hedge Fund • Multi-Strategy

Portfolio ManagerSteven Alan Cohen

Portfolio Value: $43.2B
Positions: 1,279
Last Reported: Q3 2025

Sector Allocation

Position in Dakota Gold

Market Value: $1.8K
Shares Held: 400.0
Portfolio Weight: 0.00%
Owned Since: 2025-Q3

Top Holding	Sector	Market Value	Weight
1 Nvidia NVDA	Semiconductors Technology	$1.4B	3.13%
2 Microsoft MSFT	Software - Infrastructure Technology	$1.3B	3.10%
3 Arista Networks ANET	Computer Hardware Technology	$803.1M	1.86%