Dorchester Minerals

DMLP • NASDAQ

Dorchester Minerals is a oil & gas exploration & production company in the energy sector on NASDAQ, led by Bradley J. Ehrman, with a market cap of $1.1B. As of Q3 2025, 18% of shares are held by 135 institutional investors, with MORGAN STANLEY as the largest holder at 2.12%.

Chief Executive OfficerBradley J. Ehrman

Market Cap$1.1B

Oil & Gas Exploration & Production

Energy

Employees26.0

Websitedmlp.net

Country

United States of America

Overview

Overview of institutional ownership in DMLP as of Q3 2025 with a market cap of $1.2B

All Institutions

Institutions: 135
Value Held: $220.8M
Shares Held: 8.5M
Avg Position: $1.6M
Median Position: $356.4K

Hedge Funds

Hedge Funds: 3
Value Held: $1.7M
Shares Held: 67.1K
Avg Position: $579.0K
Median Position: $732.5K

Ownership Breakdown

Institutional (non-HF)

17.88%

$219.1M

Hedge Funds

0.142%

$1.7M

Retail & Other

81.98%

$1.0B

Based on market cap of $1.2B as of Q3 2025. Institutional (non-HF) excludes hedge funds to avoid double counting.

Biggest Investors

Institutions with the largest positions in DMLP as of Q3 2025

Institution	Key People	Position Value	Ownership	Owned Since	Total AUM (Long)
MORGAN STANLEY RIA/Wealth	Jed Finn CEO	$26.0M 0.00% of portfolio	2.12% 1.0M shares	≤ Q2 2013 Held for 12y 5m+	$1.65T
HORIZON KINETICS ASSET MANAGEMENT LLC Long Only Manager	Murray Stahl CEO	$22.9M 0.28% of portfolio	1.87% 885.6K shares	Q2 2019 Held for 6y 5m	$8.1B
Hollow Brook Wealth Management LLC RIA/Wealth	Alan Lee Bazaar CEO	$20.8M 4.92% of portfolio	1.70% 803.0K shares	Q3 2025 Held for 2 months	$422.7M
A Adams Asset Advisors, LLC RIA/Wealth	Steven Adams Managing Partner	$19.3M 2.50% of portfolio	1.58% 746.7K shares	≤ Q2 2013 Held for 12y 5m+	$772.6M
B Botty Investors LLC Family Office	Alfredo Jose Botty CEO	$13.9M 3.81% of portfolio	1.13% 537.1K shares	≤ Q2 2013 Held for 12y 5m+	$364.5M
M Meixler Investment Management, Ltd. RIA/Wealth	Michael Charles Meixler CCO	$10.7M 6.57% of portfolio	0.87% 414.0K shares	Q4 2021 Held for 3y 11m	$163.0M
R ROYCE & ASSOCIATES LLC Institution	-	$8.8M 0.09% of portfolio	0.72% 338.6K shares	Q1 2015 Held for 10y 8m	$10.0B
Delta Investment Management, LLC RIA/Wealth	Nicholas Granger Atkeson Managing Partner	$7.7M 1.41% of portfolio	0.62% 295.7K shares	Q4 2018 Held for 6y 11m	$541.7M
N NATIXIS Institution	-	$6.1M 0.03% of portfolio	0.50% 234.4K shares	Q3 2022 Held for 3y 2m	$18.4B
Kingsview Wealth Management, LLC RIA/Wealth	Sean Patrick Mcgillivray CEO	$5.0M 0.08% of portfolio	0.41% 194.6K shares	Q3 2021 Held for 4y 2m	$6.5B

Net Capital Flow

Institutional buying and selling activity for DMLP in Q3 2025

Traded: +$11.4M
Buyers: 49
Sellers: 56
Total Bought: +$34.2M
Total Sold: −$22.8M
Avg Position: $1.4M

Biggest Buyers

Institution	Net Bought	Current Position
Hollow Brook Wealth Management LLC RIA/Wealth	+$20.8M +803.0K shares	$20.8M 803.0K shares
A Adams Asset Advisors, LLC RIA/Wealth	+$3.4M +129.6K shares	$19.3M 746.7K shares
UBS Group AG Institution	+$1.2M +47.7K shares	$2.3M 87.0K shares
F Freestone Capital Holdings, LLC RIA/Wealth	+$1.0M +40.0K shares	$1.6M 62.5K shares
I ING GROEP NV Institution	+$983.8K +38.0K shares	$2.5M 95.1K shares
Geneos Wealth Management Inc. RIA/Wealth	+$955.9K +36.9K shares	$1.0M 39.6K shares
MORGAN STANLEY RIA/Wealth	+$764.9K +29.5K shares	$26.0M 1.0M shares
FIRST TRUST ADVISORS LP ETF Provider	+$671.1K +25.9K shares	$4.9M 189.5K shares
G Garner Asset Management Corp RIA/Wealth	+$564.5K +21.8K shares	$564.5K 21.8K shares
J Jump Financial, LLC Institution	+$559.5K +21.6K shares	$559.5K 21.6K shares

Biggest Sellers

Institution	Net Sold	Current Position
Round Rock Advisors, LLC RIA/Wealth	−$8.6M −309.8K shares	Sold Off 0 shares
R ROYCE & ASSOCIATES LLC Institution	−$2.1M −79.7K shares	$8.8M 338.6K shares
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	−$1.8M −68.7K shares	$732.5K 28.3K shares
H HRT FINANCIAL LLC Institution	−$1.3M −48.4K shares	$742.0K 28.7K shares
Burford Brothers, Inc. RIA/Wealth	−$1.0M −36.2K shares	Sold Off 0 shares
J JANE STREET GROUP, LLC Institution	−$852.8K −32.9K shares	$870.8K 33.6K shares
HORIZON KINETICS ASSET MANAGEMENT LLC Long Only Manager	−$808.6K −31.2K shares	$22.9M 885.6K shares
Quantinno Capital Management LP Hedge Fund•Market Neutral	−$487.3K −17.5K shares	Sold Off 0 shares
T TABLEAUX LLC Institution	−$483.3K −1.7K shares	Sold Off 0 shares
O O'Brien Greene & Co. Inc RIA/Wealth	−$466.0K −18.0K shares	$585.6K 22.6K shares

Entry and Exit Activity

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

New Positions: 3
New Value: $48.4K
Exited Positions: 21
Exited Value: $12.9M

New Positions

Institution	Position Value
Sontag Advisory, LLC RIA/Wealth	$31.2K 1.2K shares
H Hilltop National Bank Institution	$12.9K 500.0 shares
SRS Capital Advisors, Inc. RIA/Wealth	$4.3K 165.0 shares

Exited Positions

Institution	Previous Position
Round Rock Advisors, LLC RIA/Wealth	$8.6M 309.8K shares
Burford Brothers, Inc. RIA/Wealth	$1.0M 36.2K shares
Quantinno Capital Management LP Hedge Fund•Market Neutral	$487.3K 17.5K shares
T TABLEAUX LLC Institution	$483.3K 1.7K shares
WEALTHEDGE INVESTMENT ADVISORS, LLC RIA/Wealth	$412.1K 14.8K shares
Kestra Advisory Services, LLC RIA/Wealth	$300.9K 10.8K shares
C Colony Group, LLC Institution	$273.6K 9.8K shares
F FIDUCIARY TRUST CO Institution	$243.8K 8.8K shares
ENVESTNET ASSET MANAGEMENT INC Long Only Manager	$217.5K 7.8K shares
C CI Private Wealth, LLC RIA/Wealth	$213.5K 7.7K shares

Options Activity

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

Call Positions: 2
Call Value: $2.0M
Put Positions: 3
Put Value: $688.7K

Call Positions

Institution	Position Value
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	$1.7M 642.0 contracts
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	$372.8K 144.0 contracts

Put Positions

Institution	Position Value
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	$455.7K 176.0 contracts
J JANE STREET GROUP, LLC Institution	$233.0K 90.0 contracts
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	- - contracts

Most Committed Institutions

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

Institution	Key People	Portfolio Weight	Ownership	Owned Since	Total AUM (Long)
M Meixler Investment Management, Ltd. RIA/Wealth	Michael Charles Meixler CCO	6.57% $10.7M	0.87% 414.0K shares	Q4 2021 Held for 3y 11m	$163.0M
Hollow Brook Wealth Management LLC RIA/Wealth	Alan Lee Bazaar CEO	4.92% $20.8M	1.70% 803.0K shares	Q3 2025 Held for 2 months	$422.7M
B Botty Investors LLC Family Office	Alfredo Jose Botty CEO	3.81% $13.9M	1.13% 537.1K shares	≤ Q2 2013 Held for 12y 5m+	$364.5M
A Adams Asset Advisors, LLC RIA/Wealth	Steven Adams Managing Partner	2.50% $19.3M	1.58% 746.7K shares	≤ Q2 2013 Held for 12y 5m+	$772.6M
Delta Investment Management, LLC RIA/Wealth	Nicholas Granger Atkeson Managing Partner	1.41% $7.7M	0.62% 295.7K shares	Q4 2018 Held for 6y 11m	$541.7M
G GraniteShares Advisors LLC Institution	William John Grant Rhind CEO	1.37% $2.4M	0.19% 91.2K shares	Q1 2023 Held for 2y 8m	$172.8M
C Concorde Financial Corp Institution	-	0.59% $1.1M	0.09% 41.1K shares	Q4 2021 Held for 3y 11m	$180.4M
A ALBERT D MASON INC Institution	-	0.43% $557.9K	0.05% 21.5K shares	Q4 2018 Held for 6y 11m	$130.1M
C Canton Hathaway, LLC RIA/Wealth	Nicholas Grave Trotman Managing Partner	0.33% $1.7M	0.14% 64.4K shares	Q4 2024 Held for 11 months	$498.1M
H Highlander Partners, L.P. Institution	-	0.30% $856.4K	0.07% 33.1K shares	Q1 2025 Held for 8 months	$286.7M

Hedge Fund Spotlight

Discover hedge funds investing in DMLP

GSA CAPITAL PARTNERS LLP

Hedge Fund • Quant

Portfolio ManagerDavid Khabie-Zeitoune

Portfolio Value: $1.1B
Positions: 1,504
Last Reported: Q3 2025

Sector Allocation

Position in Dorchester Minerals

Market Value: $228.8K
Shares Held: 8.8K
Portfolio Weight: 0.02%
Owned Since: 2025-Q3

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