Vault-13

DAWSON GEOPHYSICAL CO NEW DWSN

COM · Common Stock · CUSIP 239360100

26 institutional holders +2 vs Q1 2025
2,109,4162.1m shares reported held*
6.8% of all shares outstanding*
$3.1mreported value*
4 new 6 added 7 reduced 2 sold out net sold ≈ $885.0k (-606.1k 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: 31.0m as of 2025-08-11, 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 ≈ $1.46. Options: 1 managers hold calls ($0 notional), 1 hold puts ($0).

Trends to Q2 2025

Institutional holders

Managers reporting a position, each quarter

0102030Q3 22: 13Q4 22: 17Q1 23: 17Q2 23: 18Q3 23: 20Q4 23: 21Q1 24: 18Q2 24: 20Q3 24: 22Q4 24: 23Q1 25: 24Q2 25: 2626Q3 22Q2 23Q1 24Q4 24Q2 25
Numbers
QuarterHolders
Q3 202213
Q4 202217
Q1 202317
Q2 202318
Q3 202320
Q4 202321
Q1 202418
Q2 202420
Q3 202422
Q4 202423
Q1 202524
Q2 202526

Buyers vs sellers

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

Bought or addedCut or sold out
10010Q3 23: 6 bought or addedQ3 23: 7 cut or sold outQ4 23: 7 bought or addedQ4 23: 9 cut or sold outQ4 23Q1 24: 6 bought or addedQ1 24: 7 cut or sold outQ2 24: 4 bought or addedQ2 24: 8 cut or sold outQ2 24Q3 24: 5 bought or addedQ3 24: 6 cut or sold outQ4 24: 7 bought or addedQ4 24: 6 cut or sold outQ4 24Q1 25: 6 bought or addedQ1 25: 7 cut or sold outQ2 25: 10 bought or addedQ2 25: 9 cut or sold outQ2 25
Numbers
QuarterBought or addedCut or sold out
Q3 202367
Q4 202379
Q1 202467
Q2 202448
Q3 202456
Q4 202476
Q1 202567
Q2 2025109

Biggest buyers

JANE STREET GROUP, LLC New +35,330+35.3k
Virtu Financial LLC New +13,427+13.4k
UBS Group AG Added +6,177+6.2k
SUSQUEHANNA INTERNATIONAL GROUP, LLP Added +4,756+4.8k
Tower Research Capital LLC (TRC) Added +4,583+4.6k
BlackRock, Inc. Added +3,374+3.4k
CWM, LLC New +109+109
BANK OF AMERICA CORP /DE/ Added +9+9
SBI Securities Co., Ltd. Added +3+3
CITIGROUP INC New +1+1

Biggest sellers

Mink Brook Asset Management LLC Reduced -502,957-503.0k
GRACE & WHITE INC /NY Reduced -123,750-123.8k
SALEM INVESTMENT COUNSELORS INC Reduced -36,000-36.0k
PINNACLE ASSOCIATES LTD Reduced -6,422-6.4k
Teton Advisors, Inc. Reduced -4,000-4.0k
CITADEL ADVISORS LLC Reduced -404-404
GEODE CAPITAL MANAGEMENT, LLC Reduced -344-344
MORGAN STANLEY Sold out -27-27
JPMORGAN CHASE & CO Sold out -13-13

Biggest calls

Biggest puts

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
Wilks Farris 13D · may seek influence filed 2026-01-05
Stated purposeItem 4 of the Schedule 13D is hereby amended and supplemented to include the following: On December 31, 2025, WBA adopted the Plan of Complete Liquidation and Dissolution of WBA (the "Dissolution Plan"), which Dissolution Plan was approved by Parent, as the sole stockholder of WBA (the "Dissolution"). In connection with the Dissolution, WBA and Parent entered into the Distribution Agreement by and between WBA and Parent, pursuant to which WBA agreed to distribute all of the 15,547,010 shares of Common Stock directly held by WBA to Parent in an in-kind distribution for no additional consideration, effective as of December 31, 2025 (the "Distribution"). Immediately following the Distribution, WBA beneficially owned 0 shares of Common Stock and Parent directly owned 24,658,746 shares of Co… Full filing
79.4% 24.7m≈ $146.5m 2026-01-05
Wilks Dan H. 13D · may seek influence filed 2025-10-29
Stated purposeThe Reporting Persons have had and intend to continue to engage in discussions with the Issuer with respect to one or more transactions involving assets owned by the Reporting Persons and/or certain of their affiliates, which may include, among other things, asset sales, a business combination transaction or other similar transactions. There is no guarantee that the Reporting Persons (or their applicable affiliates) and the Issuer will enter into a definitive agreement regarding any such a transaction, nor is there certainty as to the form or structure that any such transaction may take. The Reporting Persons intend to review their investment in the Issuer on a continuing basis. Depending on various factors including, without limitation, the Issuer's financial position and investment … Full filing
79.4% 24.7m≈ $146.5m 2025-10-29

Insider purchases and sales in Q2 2025

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.

None reported in Q2 2025.

Holders, Q2 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 GRACE & WHITE INC /NY 0.23% of their portfolio NY, NY 866,422866.4k $1.3m $1.3m 0.23% Reduced -123.8k -123,750
2 RBF Capital, LLC 0.03% of their portfolio RENO, NV 451,798451.8k $659.6k $659.6k 0.03% Unchanged
3 GABELLI FUNDS LLC 0.00% of their portfolio Rye, NY 149,200149.2k $217.8k $217.8k 0.00% Unchanged
4 US BANCORP \DE\ 0.00% of their portfolio MINNEAPOLIS, MN 112,404112.4k $164.1k $164.1k 0.00% Unchanged
5 VANGUARD GROUP INC 0.00% of their portfolio Valley Forge, PA 108,967109.0k $159.1k $159.1k 0.00% Unchanged
6 SALEM INVESTMENT COUNSELORS INC 0.00% of their portfolio WINSTON-SALEM, NC 80,80080.8k $118.0k $118.0k 0.00% Reduced -36.0k -36,000
7 GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio BOSTON, MA 50,35850.4k $73.5k $73.5k 0.00% Reduced -344 -344
8 PINNACLE ASSOCIATES LTD 0.00% of their portfolio NEW YORK, NY 44,00044.0k $64.2k $64.2k 0.00% Reduced -6.4k -6,422
9 Mink Brook Asset Management LLC 0.05% of their portfolio West Palm Beach, FL 37,46037.5k $54.7k $54.7k 0.05% Reduced -503.0k -502,957
10 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 36,09536.1k $52.7k $52.7k 0.00% Reduced -404 -404
11 JANE STREET GROUP, LLC 0.00% of their portfolio NEW YORK, NY 35,33035.3k $51.6k $51.6k 0.00% New
12 UBS Group AG 0.00% of their portfolio ZURICH, V8 20,52320.5k $30.0k $30.0k 0.00% Added +6.2k +6,177
13 Teton Advisors, Inc. 0.02% of their portfolio Rye, NY 20,00020.0k $29.2k $29.2k 0.02% Reduced -4.0k -4,000
14 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 18,69018.7k $27.3k $27.3k 0.00% Unchanged
15 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 16,42116.4k $24.0k $24.0k 0.00% Added +4.8k +4,756
16 BlackRock, Inc. 0.00% of their portfolio New York, NY 16,41816.4k $24.0k $24.0k 0.00% Added +3.4k +3,374
17 Virtu Financial LLC 0.00% of their portfolio New York, NY 13,42713.4k $20.0k $20.0k 0.00% New
18 NORTHERN TRUST CORP 0.00% of their portfolio CHICAGO, IL 12,37412.4k $18.1k $18.1k 0.00% Unchanged
19 RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio ST. PETERSBURG, FL 10,59310.6k $15.5k $15.5k 0.00% Unchanged
20 Tower Research Capital LLC (TRC) 0.00% of their portfolio NEW YORK, NY 7,9598.0k $11.6k $11.6k 0.00% Added +4.6k +4,583
21 CWM, LLC 0.00% of their portfolio OMAHA, NE 109109 $0 $0 0.00% New
22 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 6262 $91 $91 0.00% Added +9 +9
23 SBI Securities Co., Ltd. 0.00% of their portfolio TOKYO, M0 44 $6 $6 0.00% Added +3 +3
24 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 11 $1 $1 0.00% Unchanged
25 CITIGROUP INC 0.00% of their portfolio NEW YORK, NY 11 $1 $1 0.00% New
26 CONCOURSE FINANCIAL GROUP SECURITIES, INC. — of their portfolio BIRMINGHAM, AL 00 $0 $0 — Unchanged