Vault-13

DLH HLDGS CORP DLHC

COM · Common Stock · CUSIP 23335Q100

46 institutional holders +3 vs Q1 2026
9,888,5079.9m shares reported held*
68.2% of all shares outstanding*
$51.9mreported value*
8 new 6 added 13 reduced 4 sold out net bought ≈ $1.9m (+368.7k shares)

* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once. Holder counts are more reliable. Shares outstanding: 14.5m as of 2026-07-28, from the company's own SEC filing; the percentage can still exceed 100%: lent-out shares are counted by the lender and the buyer, and some reports overlap without saying so. Implied quarter-end price ≈ $5.25. Options: 1 managers hold calls ($4.2k notional), 2 hold puts ($7.3k).

Trends to Q2 2026

Institutional holders

Managers reporting a position, each quarter

0255075Q3 22: 56Q4 22: 54Q1 23: 53Q2 23: 45Q3 23: 46Q4 23: 54Q1 24: 65Q2 24: 71Q3 24: 72Q4 24: 61Q1 25: 66Q2 25: 54Q3 25: 47Q4 25: 45Q1 26: 43Q2 26: 4646Q3 22Q3 23Q3 24Q3 25Q2 26
Numbers
QuarterHolders
Q3 202256
Q4 202254
Q1 202353
Q2 202345
Q3 202346
Q4 202354
Q1 202465
Q2 202471
Q3 202472
Q4 202461
Q1 202566
Q2 202554
Q3 202547
Q4 202545
Q1 202643
Q2 202646

Buyers vs sellers

Managers adding to or starting a position, vs cutting or selling out

Bought or addedCut or sold out
50050Q3 24: 31 bought or addedQ3 24: 30 cut or sold outQ4 24: 28 bought or addedQ4 24: 31 cut or sold outQ4 24Q1 25: 30 bought or addedQ1 25: 23 cut or sold outQ2 25: 20 bought or addedQ2 25: 49 cut or sold outQ2 25Q3 25: 16 bought or addedQ3 25: 31 cut or sold outQ4 25: 16 bought or addedQ4 25: 24 cut or sold outQ4 25Q1 26: 13 bought or addedQ1 26: 18 cut or sold outQ2 26: 14 bought or addedQ2 26: 17 cut or sold outQ2 26
Numbers
QuarterBought or addedCut or sold out
Q3 20243130
Q4 20242831
Q1 20253023
Q2 20252049
Q3 20251631
Q4 20251624
Q1 20261318
Q2 20261417

Calls vs puts

Options held, notional value, last 4 quarters. P/C = puts ÷ calls

CallsPuts
$0$2k$4k$6k$8kQ3 25 calls: $0Q3 25 puts: $0Q3 25P/C —Q4 25 calls: $565Q4 25 puts: $0Q4 25P/C 0.00Q1 26 calls: $2.9kQ1 26 puts: $4.1kQ1 26P/C 1.40Q2 26 calls: $4.2kQ2 26 puts: $7.3kQ2 26P/C 1.75
Numbers
QuarterCallsPutsP/C
Q3 2025$0$0—
Q4 2025$565$00.00
Q1 2026$2.9k$4.1k1.40
Q2 2026$4.2k$7.3k1.75

Biggest buyers

Merit Financial Group, LLC New +252,416+252.4k
Mink Brook Asset Management LLC Added +138,541+138.5k
Anson Funds Management LP New +20,011+20.0k
GOLDMAN SACHS GROUP INC New +13,618+13.6k
BlackRock, Inc. Added +13,136+13.1k
VANGUARD FIDUCIARY TRUST CO Added +3,561+3.6k
Minerva Advisors LLC Added +3,331+3.3k
Tower Research Capital LLC (TRC) New +487+487
DIMENSIONAL FUND ADVISORS LP Added +340+340
OSAIC HOLDINGS, INC. Added +210+210

Biggest sellers

CITADEL ADVISORS LLC Reduced -13,056-13.1k
BRIDGEWAY CAPITAL MANAGEMENT, LLC Reduced -13,000-13.0k
RENAISSANCE TECHNOLOGIES LLC Reduced -11,691-11.7k
SUSQUEHANNA INTERNATIONAL GROUP, LLP Sold out -10,240-10.2k
Proficio Capital Partners LLC Reduced -8,311-8.3k
MORGAN STANLEY Reduced -8,299-8.3k
LPL Financial LLC Reduced -6,200-6.2k
NORTHERN TRUST CORP Reduced -1,924-1.9k
GEODE CAPITAL MANAGEMENT, LLC Reduced -1,862-1.9k
VANGUARD CAPITAL MANAGEMENT LLC Reduced -1,332-1.3k

Biggest calls

GROUP ONE TRADING LLC Added $4.2k800 shares

Biggest puts

GROUP ONE TRADING LLC Added $6.8k1.3k shares
SIMPLEX TRADING, LLC Unchanged $525100 shares

Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.

Major shareholders (over 5%)

Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.

HolderStakeChangeShares Last filed
Mink Brook Asset Management LLC 13G · passive investor +0.5 pts · filed 2026-10-27 19.9% +0.5 pts 2.9m≈ $15.1m 2026-10-27
Minerva Advisors LLC 13G · passive investor filed 2026-02-17 7.7% 1.1m≈ $5.8m 2026-02-17

Fell to 5% or below in the last year: Parker Zachary (4.0%, 2026-02-13)

Insider purchases and sales since 1 Apr 2026

Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.

Officers and directors buying vs selling

Number of people, by quarter (10% owners not included)

BuyingSelling
202Q4 24: 2 buyingQ4 24: 0 sellingQ1 25: 0 buyingQ1 25: 0 sellingQ1 25Q2 25: 0 buyingQ2 25: 0 sellingQ3 25: 0 buyingQ3 25: 0 sellingQ3 25Q4 25: 0 buyingQ4 25: 0 sellingQ1 26: 0 buyingQ1 26: 0 sellingQ1 26Q2 26: 0 buyingQ2 26: 0 sellingQ3 26: 0 buyingQ3 26: 0 sellingQ3 26
Numbers
QuarterBuyingBoughtSellingSoldSold under a plan
Q4 20242$155.3k0——
Q1 20250—0——
Q2 20250—0——
Q3 20250—0——
Q4 20250—0——
Q1 20260—0——
Q2 20260—0——
Q3 20260—0——
DateInsiderTradeSharesPrice ValueTheir holding
2026-09-28 Mink Brook Asset Management LLC 10% owner · By Mink Brook Partners LP Bought 60 $3.47 $20860 shares +<1%
2026-09-24 Mink Brook Asset Management LLC 10% owner · By Mink Brook Partners LP Bought 58 $3.85 $22358 shares +<1%
2026-09-23 Mink Brook Asset Management LLC 10% owner · By Mink Brook Partners LP Bought 100 $3.88 $388100 shares +<1%
2026-09-22 Mink Brook Asset Management LLC 10% owner · By Mink Brook Partners LP Bought 301 $4.00 $1.2k301 shares +<1%
2026-09-21 Mink Brook Asset Management LLC 10% owner · By Mink Brook Partners LP Bought 174 $4.00 $696174 shares +<1%
2026-09-18 Mink Brook Asset Management LLC 10% owner · By Mink Brook Partners LP Bought 316 $3.93 $1.2k316 shares +<1%
2026-09-17 Mink Brook Asset Management LLC 10% owner · By Mink Brook Partners LP Bought 204 $3.96 $808204 shares +<1%
2026-09-16 Mink Brook Asset Management LLC 10% owner · By Mink Brook Partners LP Bought 1,000 $3.94 $3.9k1.0k shares +<1%
2026-09-15 Mink Brook Asset Management LLC 10% owner · By Mink Brook Partners LP Bought 621 $3.68 $2.3k621 shares +<1%
2026-09-14 Mink Brook Asset Management LLC 10% owner · By Mink Brook Partners LP Bought 730 $3.84 $2.8k730 shares +<1%
2026-09-11 Mink Brook Asset Management LLC 10% owner · By Mink Brook Partners LP Bought 492 $3.94 $1.9k492 shares +<1%
2026-09-10 Mink Brook Asset Management LLC 10% owner · By Mink Brook Partners LP Bought 221 $3.94 $871221 shares +<1%
2026-09-09 Mink Brook Asset Management LLC 10% owner · By Mink Brook Partners LP Bought 1,000 $3.93 $3.9k1.0k shares +<1%
2026-09-08 Mink Brook Asset Management LLC 10% owner · By Mink Brook Partners LP Bought 488 $3.99 $1.9k488 shares +<1%
2026-09-04 Mink Brook Asset Management LLC 10% owner · By Mink Brook Partners LP Bought 870 $4.10 $3.6k870 shares +<1%
2026-09-01 Mink Brook Asset Management LLC 10% owner · By Mink Brook Partners LP Bought 200 $4.36 $872200 shares +<1%
2026-08-31 Mink Brook Asset Management LLC 10% owner · By Mink Brook Partners LP Bought 500 $4.40 $2.2k500 shares +<1%
2026-08-28 Mink Brook Asset Management LLC 10% owner · By Mink Brook Partners LP Bought 500 $4.47 $2.2k500 shares +<1%
2026-08-27 Mink Brook Asset Management LLC 10% owner · By Mink Brook Partners LP Bought 224 $4.49 $1.0k224 shares +<1%
2026-08-26 Mink Brook Asset Management LLC 10% owner · By Mink Brook Partners LP Bought 500 $4.49 $2.2k500 shares +<1%
2026-08-25 Mink Brook Asset Management LLC 10% owner · By Mink Brook Partners LP Bought 209 $4.54 $949209 shares +<1%
2026-08-24 Mink Brook Asset Management LLC 10% owner · By Mink Brook Partners LP Bought 41 $4.53 $18641 shares +<1%
2026-08-21 Mink Brook Asset Management LLC 10% owner · By Mink Brook Partners LP Bought 79 $4.55 $35979 shares +<1%
2026-08-20 Mink Brook Asset Management LLC 10% owner · By Mink Brook Partners LP Bought 70 $4.55 $31870 shares +<1%
2026-08-19 Mink Brook Asset Management LLC 10% owner · By Mink Brook Partners LP Bought 493 $4.54 $2.2k493 shares +<1%
2026-08-18 Mink Brook Asset Management LLC 10% owner · By Mink Brook Partners LP Bought 1,000 $4.54 $4.5k1.0k shares +<1%
2026-08-17 Mink Brook Asset Management LLC 10% owner · By Mink Brook Partners LP Bought 1,000 $4.54 $4.5k1.0k shares +<1%
2026-08-13 Mink Brook Asset Management LLC 10% owner · By Mink Brook Partners LP Bought 471 $4.79 $2.3k471 shares +<1%
2026-08-12 Mink Brook Asset Management LLC 10% owner · By Mink Brook Partners LP Bought 500 $4.71 $2.4k500 shares +<1%
2026-08-11 Mink Brook Asset Management LLC 10% owner · By Mink Brook Partners LP Bought 500 $4.82 $2.4k500 shares +<1%

The latest 30 of 69 trades.

Their holding: how much the trade added to or took from the insider's holding (direct, or the trust or fund named). The same trade is sometimes reported by more than one insider, such as a fund and the director who represents it; totals count it once. A value is left blank where the reported price is far from the market price (usually a typo).

Holders, Q2 2026

#ManagerLocationShares Value% of their portfolioChangeShares change
1 WYNNEFIELD CAPITAL INC 13.29% of their portfolio NEW YORK, NY 3,681,4213.7m $19.3m $19.3m 13.29% Unchanged
2 Mink Brook Asset Management LLC 6.53% of their portfolio West Palm Beach, FL 2,816,0582.8m $14.8m $14.8m 6.53% Added +138.5k +138,541
3 Minerva Advisors LLC 3.70% of their portfolio BALA CYNWYD, PA 1,116,3681.1m $5.9m $5.9m 3.70% Added +3.3k +3,331
4 VANGUARD CAPITAL MANAGEMENT LLC 0.00% of their portfolio MALVERN, PA 440,136440.1k $2.3m $2.3m 0.00% Reduced -1.3k -1,332
5 Merit Financial Group, LLC 0.01% of their portfolio ALPHARETTA, GA 252,416252.4k $1.3m $1.3m 0.01% New
6 DIMENSIONAL FUND ADVISORS LP 0.00% of their portfolio AUSTIN, TX 247,505247.5k $1.3m $1.3m 0.00% Added +340 +340
7 RBF Capital, LLC 0.05% of their portfolio RENO, NV 220,000220.0k $1.2m $1.2m 0.05% Unchanged
8 RENAISSANCE TECHNOLOGIES LLC 0.00% of their portfolio NEW YORK, NY 181,873181.9k $954.8k $954.8k 0.00% Reduced -11.7k -11,691
9 GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio BOSTON, MA 136,632136.6k $717.5k $717.5k 0.00% Reduced -1.9k -1,862
10 North Star Investment Management Corp. 0.04% of their portfolio CHICAGO, IL 135,000135.0k $708.8k $708.8k 0.04% Unchanged
11 US BANCORP \DE\ 0.00% of their portfolio MINNEAPOLIS, MN 114,526114.5k $601.3k $601.3k 0.00% Unchanged
12 BlackRock, Inc. 0.00% of their portfolio New York, NY 85,25485.3k $447.6k $447.6k 0.00% Added +13.1k +13,136
13 VANGUARD FIDUCIARY TRUST CO 0.00% of their portfolio MALVERN, PA 69,50569.5k $364.9k $364.9k 0.00% Added +3.6k +3,561
14 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 59,60959.6k $312.9k $312.9k 0.00% Unchanged
15 FIFTH THIRD BANCORP 0.00% of their portfolio CINCINNATI, OH 50,15150.2k $263.3k $263.3k 0.00% Unchanged
16 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 36,89736.9k $193.7k $193.7k 0.00% Reduced -8.3k -8,299
17 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 36,08436.1k $189.4k $189.4k 0.00% Reduced -13.1k -13,056
18 BRIDGEWAY CAPITAL MANAGEMENT, LLC 0.00% of their portfolio HOUSTON, TX 35,29135.3k $185.3k $185.3k 0.00% Reduced -13.0k -13,000
19 NORTHERN TRUST CORP 0.00% of their portfolio CHICAGO, IL 34,30434.3k $180.1k $180.1k 0.00% Reduced -1.9k -1,924
20 Proficio Capital Partners LLC 0.01% of their portfolio NEWTON, MA 30,00030.0k $157.5k $157.5k 0.01% Reduced -8.3k -8,311
21 Rothschild Wealth LLC 0.01% of their portfolio OAK BROOK, IL 29,20029.2k $153.3k $153.3k 0.01% Unchanged
22 Anson Funds Management LP 0.01% of their portfolio DALLAS, TX 20,01120.0k $105.1k $105.1k 0.01% New
23 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 13,61813.6k $71.5k $71.5k 0.00% New
24 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 11,73811.7k $61.6k $61.6k 0.00% Unchanged
25 LPL Financial LLC 0.00% of their portfolio FORT MILL, SC 11,00011.0k $57.8k $57.8k 0.00% Reduced -6.2k -6,200
26 FMR LLC 0.00% of their portfolio BOSTON, MA 8,8028.8k $46.2k $46.2k 0.00% Reduced -37 -37
27 Vanguard Global Advisers, LLC 0.00% of their portfolio MALVERN, PA 3,6373.6k $19.1k $19.1k 0.00% Unchanged
28 NewEdge Advisors, LLC 0.00% of their portfolio NEW ORLEANS, LA 2,8552.9k $15.0k $15.0k 0.00% Unchanged
29 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.00% of their portfolio MILWAUKEE, WI 2,6202.6k $13.8k $13.8k 0.00% Unchanged
30 BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio PARIS, I0 1,8191.8k $9.6k $9.6k 0.00% Unchanged
31 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 1,1251.1k $5.9k $5.9k 0.00% Added +210 +210
32 Russell Investments Group, Ltd. 0.00% of their portfolio Seattle, WA 1,0821.1k $5.7k $5.7k 0.00% Unchanged
33 UBS Group AG 0.00% of their portfolio ZURICH, V8 735735 $3.9k $3.9k 0.00% Reduced -484 -484
34 Tower Research Capital LLC (TRC) 0.00% of their portfolio NEW YORK, NY 487487 $2.6k $2.6k 0.00% New
35 NISA INVESTMENT ADVISORS, LLC 0.00% of their portfolio ST. LOUIS, MO 224224 $1.2k $1.2k 0.00% Unchanged
36 Private Wealth Management Group, LLC 0.00% of their portfolio PRINCETON, NJ 160160 $840 $840 0.00% Reduced -23 -23
37 SIMPLEX TRADING, LLC 0.00% of their portfolio CHICAGO, IL 114114 $598 $598 0.00% New
38 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 104104 $551 $551 0.00% Unchanged
39 BARCLAYS PLC 0.00% of their portfolio LONDON, X0 5050 $263 $263 0.00% New
40 Farther Finance Advisors, LLC 0.00% of their portfolio SAN FRANCISCO, CA 4747 $247 $247 0.00% Unchanged
41 SHP Wealth Management 0.00% of their portfolio PLYMOUTH, MA 2525 $131 $131 0.00% Unchanged
42 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 1313 $0 $0 0.00% Reduced -530 -530
43 SBI Securities Co., Ltd. 0.00% of their portfolio TOKYO, M0 55 $26 $26 0.00% Unchanged
44 Arax Advisory Partners 0.00% of their portfolio NEW YORK, NY 22 $10 $10 0.00% New
45 Integrated Wealth Concepts LLC 0.00% of their portfolio WALTHAM, MA 22 $11 $11 0.00% New
46 Essential Partners LLC 0.00% of their portfolio RANCHO SANTA FE, CA 22 $11 $11 0.00% Unchanged