DAWSON GEOPHYSICAL CO NEW DWSN
COM · Common Stock · CUSIP 239360100
- SectorEnergy
- IndustryOil & Gas Field Exploration Services
- HeadquartersMidland, TX
- FilingsSEC EDGAR
* 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: 31.1m as of 2026-08-12, 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 ≈ $5.94.
Trends to Q2 2026
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 13 |
| Q4 2022 | 17 |
| Q1 2023 | 17 |
| Q2 2023 | 18 |
| Q3 2023 | 20 |
| Q4 2023 | 21 |
| Q1 2024 | 18 |
| Q2 2024 | 20 |
| Q3 2024 | 22 |
| Q4 2024 | 23 |
| Q1 2025 | 24 |
| Q2 2025 | 26 |
| Q3 2025 | 27 |
| Q4 2025 | 29 |
| Q1 2026 | 33 |
| Q2 2026 | 40 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q3 2024 | 5 | 6 |
| Q4 2024 | 7 | 6 |
| Q1 2025 | 6 | 7 |
| Q2 2025 | 10 | 9 |
| Q3 2025 | 13 | 9 |
| Q4 2025 | 11 | 9 |
| Q1 2026 | 19 | 17 |
| Q2 2026 | 20 | 12 |
Biggest buyers
| MARSHALL WACE, LLP | Added | +45.8k |
| VANGUARD CAPITAL MANAGEMENT LLC | Added | +43.6k |
| CITADEL ADVISORS LLC | New | +40.2k |
| Hillsdale Investment Management Inc. | Added | +20.0k |
| SANDERS MORRIS HARRIS LLC | New | +20.0k |
| JANE STREET GROUP, LLC | New | +15.5k |
| HRT FINANCIAL LP | New | +10.5k |
| GSA CAPITAL PARTNERS LLP | Added | +5.9k |
| BlackRock, Inc. | Added | +5.3k |
| Integrated Wealth Concepts LLC | New | +4.5k |
Biggest sellers
| GRACE & WHITE INC /NY | Reduced | -76.2k |
| Point72 Asset Management, L.P. | Sold out | -30.4k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Sold out | -15.4k |
| Cetera Investment Advisers | Sold out | -11.7k |
| OMERS ADMINISTRATION Corp | Sold out | -11.7k |
| NORTHERN TRUST CORP | Reduced | -3.8k |
| PINNACLE ASSOCIATES LTD | Reduced | -2.0k |
| SBI Securities Co., Ltd. | Reduced | -1.2k |
| Advisory Services Network, LLC | Sold out | -1.0k |
| TWO SIGMA INVESTMENTS, LP | Reduced | -600 |
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.
| Holder | Stake |
|---|---|
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% |
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% |
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.
None reported since 1 Apr 2026.
Holders, Q2 2026
| Manager | Shares | Change |
|---|---|---|
| GRACE & WHITE INC /NY 0.66% of their portfolio | 702.9k $4.2m | Reduced -76.2k |
| RBF Capital, LLC 0.11% of their portfolio | 423.8k $2.5m | Unchanged |
| VANGUARD CAPITAL MANAGEMENT LLC 0.00% of their portfolio | 156.9k $931.8k | Added +43.6k |
| GABELLI FUNDS LLC 0.01% of their portfolio | 145.2k $862.5k | Unchanged |
| MARSHALL WACE, LLP 0.00% of their portfolio | 86.8k $515.6k | Added +45.8k |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 83.6k $496.9k | Added +2.5k |
| Hillsdale Investment Management Inc. 0.01% of their portfolio | 54.4k $323.2k | Added +20.0k |
| US BANCORP \DE\ 0.00% of their portfolio | 53.4k $317.5k | Unchanged |
| CITADEL ADVISORS LLC 0.00% of their portfolio | 40.2k $238.7k | New |
| PINNACLE ASSOCIATES LTD 0.00% of their portfolio | 38.4k $227.9k | Reduced -2.0k |
| GSA CAPITAL PARTNERS LLP 0.01% of their portfolio | 35.2k $209.0k | Added +5.9k |
| TWO SIGMA INVESTMENTS, LP 0.00% of their portfolio | 34.0k $202.1k | Reduced -600 |
| VANGUARD FIDUCIARY TRUST CO 0.00% of their portfolio | 33.2k $197.3k | Unchanged |
| STATE STREET CORP 0.00% of their portfolio | 28.9k $171.6k | Unchanged |
| SALEM INVESTMENT COUNSELORS INC 0.00% of their portfolio | 26.2k $155.8k | Unchanged |
| BlackRock, Inc. 0.00% of their portfolio | 22.0k $130.4k | Added +5.3k |
| BRIDGEWAY CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 21.7k $129.0k | Unchanged |
| SANDERS MORRIS HARRIS LLC 0.07% of their portfolio | 20.0k $118.8k | New |
| Teton Advisors, LLC 0.07% of their portfolio | 20.0k $118.8k | Unchanged |
| JANE STREET GROUP, LLC 0.00% of their portfolio | 15.5k $92.0k | New |
| KINGSWOOD WEALTH ADVISORS, LLC 0.00% of their portfolio | 14.2k $84.5k | Added +193 |
| NORTHERN TRUST CORP 0.00% of their portfolio | 13.8k $82.2k | Reduced -3.8k |
| RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio | 10.6k $62.9k | Reduced -300 |
| HRT FINANCIAL LP 0.00% of their portfolio | 10.5k $62.0k | New |
| PIN OAK INVESTMENT ADVISORS INC 0.03% of their portfolio | 7.1k $42.0k | Unchanged |
| UBS Group AG 0.00% of their portfolio | 5.2k $30.9k | Added +4.0k |
| Integrated Wealth Concepts LLC 0.00% of their portfolio | 4.5k $26.7k | New |
| MCGUIRE CAPITAL ADVISORS INC 0.01% of their portfolio | 2.0k $11.9k | New |
| MORGAN STANLEY 0.00% of their portfolio | 751 $4.5k | New |
| Allworth Financial LP 0.00% of their portfolio | 662 $3.9k | Unchanged |
| BARCLAYS PLC 0.00% of their portfolio | 406 $2.4k | New |
| TOTH FINANCIAL ADVISORY CORP 0.00% of their portfolio | 250 $1.5k | Unchanged |
| SBI Securities Co., Ltd. 0.00% of their portfolio | 150 $891 | Reduced -1.2k |
| Wilkerson Advisory Group LLC 0.00% of their portfolio | 150 $891 | Unchanged |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 124 $702 | New |
| Rialto Wealth Management, LLC 0.00% of their portfolio | 112 $666 | New |
| HARBOUR INVESTMENTS, INC. 0.00% of their portfolio | 110 $653 | New |
| Strategic Wealth Partners, Ltd. 0.00% of their portfolio | 100 $594 | New |
| Tower Research Capital LLC (TRC) 0.00% of their portfolio | 10 $59 | Reduced -470 |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 1 $5 | Unchanged |