DENISON MINES CORP DNN
COM · Common Stock · CUSIP 248356107 · ISIN CA2483561072
- SectorMaterials
- IndustryMiscellaneous Metal Ores
- 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 ($1.1m this quarter). Holder counts are more reliable. Shares outstanding: 895.7m as of 2024-12-31, 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 ≈ $1.30. Options: 12 managers hold calls ($16.7m notional), 12 hold puts ($3.0m).
Trends to Q1 2025
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 146 |
| Q4 2022 | 160 |
| Q1 2023 | 164 |
| Q2 2023 | 161 |
| Q3 2023 | 180 |
| Q4 2023 | 189 |
| Q1 2024 | 203 |
| Q2 2024 | 201 |
| Q3 2024 | 193 |
| Q4 2024 | 209 |
| Q1 2025 | 221 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q2 2023 | 70 | 54 |
| Q3 2023 | 86 | 45 |
| Q4 2023 | 90 | 69 |
| Q1 2024 | 90 | 72 |
| Q2 2024 | 82 | 74 |
| Q3 2024 | 88 | 84 |
| Q4 2024 | 95 | 86 |
| Q1 2025 | 111 | 81 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q2 2024 | $15.4m | $4.4m | 0.29 |
| Q3 2024 | $4.5m | $4.4m | 0.97 |
| Q4 2024 | $19.0m | $4.9m | 0.26 |
| Q1 2025 | $16.7m | $3.0m | 0.18 |
Biggest buyers
| VAN ECK ASSOCIATES CORP | Added | +13.0m |
| RENAISSANCE TECHNOLOGIES LLC | Added | +10.1m |
| SEGRA CAPITAL MANAGEMENT, LLC | Added | +9.0m |
| Capital Research Global Investors | New | +8.8m |
| CITADEL ADVISORS LLC | Added | +8.6m |
| MMCAP International Inc. SPC | Added | +6.4m |
| Lloyd Harbor Capital Management, LLC | Added | +4.3m |
| MORGAN STANLEY | Added | +3.3m |
| JANE STREET GROUP, LLC | Added | +3.0m |
| Bridgewater Associates, LP | Added | +2.4m |
Biggest sellers
| Alyeska Investment Group, L.P. | Reduced | -18.4m |
| Point72 Asset Management, L.P. | Sold out | -10.2m |
| MARSHALL WACE, LLP | Reduced | -7.9m |
| FMR LLC | Sold out | -7.3m |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. | Reduced | -4.8m |
| NewGen Asset Management Ltd | Sold out | -3.0m |
| PINEBRIDGE INVESTMENTS, L.P. | Sold out | -2.3m |
| Cinctive Capital Management LP | Sold out | -2.2m |
| Cubist Systematic Strategies, LLC | Sold out | -1.5m |
| Crestline Management, L.P. | Sold out | -1.5m |
Biggest calls
| GROUP ONE TRADING LLC | Added | $8.0m6.1m shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $4.4m3.4m shares |
| SIMPLEX TRADING, LLC | Added | $1.6m1.2m shares |
| PEAK6 LLC | Reduced | $1.2m896.8k shares |
| JANE STREET GROUP, LLC | Added | $681.7k521.6k shares |
| WOLVERINE TRADING, LLC | Reduced | $436.0k327.8k shares |
| CITADEL ADVISORS LLC | Reduced | $339.2k260.9k shares |
| TORONTO DOMINION BANK | New | $32.5k25.0k shares |
| Walleye Trading LLC | New | $32.5k25.0k shares |
| Squarepoint Ops LLC | Reduced | $29.4k22.6k shares |
Biggest puts
| CITADEL ADVISORS LLC | Added | $944.5k726.5k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $890.6k685.1k shares |
| GROUP ONE TRADING LLC | Reduced | $367.0k282.3k shares |
| IMC-Chicago, LLC | Reduced | $262.3k201.8k shares |
| SIMPLEX TRADING, LLC | Reduced | $202.0k156.1k shares |
| WOLVERINE TRADING, LLC | Reduced | $104.1k78.3k shares |
| Fulcrum Asset Management LLP | New | $71.4k79.9k shares |
| PEAK6 LLC | New | $65.0k50.0k shares |
| JANE STREET GROUP, LLC | Reduced | $44.4k34.0k shares |
| Squarepoint Ops LLC | Reduced | $36.9k28.4k 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.
| Holder | Stake |
|---|---|
| VAN ECK ASSOCIATES CORP 13G · institution -0.3 pts · filed 2026-08-14 | 9.7% |
| Global X Management CO LLC 13G · institution +1.5 pts · filed 2026-05-15 | 7.1% |
Insider purchases and sales in Q1 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 Q1 2025.
Holders, Q1 2025
| Manager | Shares | Change |
|---|---|---|
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.16% of their portfolio | 58.1m $75.9m | Reduced -4.8m |
| ALPS ADVISORS INC 0.44% of their portfolio | 57.8m $75.1m | Reduced -68.0k |
| VAN ECK ASSOCIATES CORP 0.06% of their portfolio | 33.8m $44.0m | Added +13.0m |
| SEGRA CAPITAL MANAGEMENT, LLC 19.17% of their portfolio | 30.1m $39.1m | Added +9.0m |
| Hood River Capital Management LLC 0.60% of their portfolio | 26.9m $35.0m | Added +277.7k |
| MMCAP International Inc. SPC 5.29% of their portfolio | 23.9m $31.1m | Added +6.4m |
| RENAISSANCE TECHNOLOGIES LLC 0.02% of their portfolio | 12.1m $15.7m | Added +10.1m |
| CITADEL ADVISORS LLC 0.01% of their portfolio | 9.6m $12.5m | Added +8.6m |
| Capital Research Global Investors 0.00% of their portfolio | 8.8m $11.5m | New |
| TD Asset Management Inc 0.01% of their portfolio | 8.6m $11.3m | Reduced -38.1k |
| MORGAN STANLEY 0.00% of their portfolio | 8.0m $10.4m | Added +3.3m |
| Bridgewater Associates, LP 0.05% of their portfolio | 7.9m $10.2m | Added +2.4m |
| SCOPUS ASSET MANAGEMENT, L.P. 0.37% of their portfolio | 7.7m $10.1m | Reduced -100.0k |
| Vident Advisory, LLC 0.13% of their portfolio | 6.9m $8.9m | Reduced -480.3k |
| Connor, Clark & Lunn Investment Management Ltd. 0.04% of their portfolio | 6.6m $8.6m | Reduced -524.5k |
| Lloyd Harbor Capital Management, LLC 6.31% of their portfolio | 6.4m $8.3m | Added +4.3m |
| Beutel, Goodman & Co Ltd. 0.05% of their portfolio | 6.1m $7.9m | Reduced -700.7k |
| MILLENNIUM MANAGEMENT LLC 0.01% of their portfolio | 5.7m $7.4m | Added +587.4k |
| JANE STREET GROUP, LLC 0.01% of their portfolio | 4.8m $6.3m | Added +3.0m |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.01% of their portfolio | 4.6m $6.0m | Added +412.4k |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 4.3m $5.6m | Added +550.1k |
| Goehring & Rozencwajg Associates, LLC 1.05% of their portfolio | 3.8m $5.8m | Added +83.1k |
| UBS Group AG 0.00% of their portfolio | 3.8m $4.9m | Reduced -944.7k |
| JANUS HENDERSON GROUP PLC 0.00% of their portfolio | 3.5m $4.7m | Added +256.9k |
| Azarias Capital Management, L.P. 2.21% of their portfolio | 3.1m $4.0m | Reduced -261.7k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.01% of their portfolio | 2.6m $3.4m | Added +450.3k |
| BANK OF MONTREAL /CAN/ 0.00% of their portfolio | 2.5m $3.2m | Added +62.5k |
| Summit Financial, LLC 0.09% of their portfolio | 2.4m $3.1m | Unchanged |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 2.3m $2.9m | Added +1.9m |
| INTACT INVESTMENT MANAGEMENT INC. 0.09% of their portfolio | 2.1m $2.7m | Reduced -305.6k |
| ArrowMark Colorado Holdings LLC 0.04% of their portfolio | 2.0m $2.6m | New |
| De Lisle Partners LLP 0.41% of their portfolio | 1.9m $2.5m | Added +100.0k |
| Federation des caisses Desjardins du Quebec 0.01% of their portfolio | 1.8m $2.3m | Reduced -98.0k |
| Swiss National Bank 0.00% of their portfolio | 1.7m $2.3m | Reduced -20.5k |
| TITAN GLOBAL CAPITAL MANAGEMENT USA LLC 0.45% of their portfolio | 1.7m $2.2m | Reduced -1.0m |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 1.7m $2.2m | Added +45.1k |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 1.6m $2.1m | Added +77.5k |
| PCJ Investment Counsel Ltd. 0.79% of their portfolio | 1.6m $2.0m | Added +663.7k |
| HRT FINANCIAL LP 0.01% of their portfolio | 1.5m $2.0m | Added +1.5m |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio | 1.5m $2.0m | Added +578.4k |
| Alyeska Investment Group, L.P. 0.01% of their portfolio | 1.5m $1.9m | Reduced -18.4m |
| Arosa Capital Management LP 1.26% of their portfolio | 1.5m $1.9m | Added +660.6k |
| Fielder Capital Group LLC 0.46% of their portfolio | 1.2m $1.6m | Reduced -3.7k |
| Alpha Wave Global, LP 0.68% of their portfolio | 1.2m $1.5m | Added +80.1k |
| NATIONAL BANK OF CANADA /FI/ 0.00% of their portfolio | 1.1m $1.4m | Added +79.3k |
| CIBC Asset Management Inc 0.00% of their portfolio | 1.0m $1.4m | Added +11.5k |
| Regal Partners Ltd 0.13% of their portfolio | 1.0m $1.3m | New |
| ARDSLEY ADVISORY PARTNERS LP 0.30% of their portfolio | 1.0m $1.3m | Unchanged |
| Russell Investments Group, Ltd. 0.00% of their portfolio | 970.0k $1.3m | Added +969.9k |
| Quantbot Technologies LP 0.04% of their portfolio | 963.0k $1.3m | Added +384.9k |
| Cetera Investment Advisers 0.00% of their portfolio | 948.7k $1.2m | Added +15.3k |
| Legal & General Group Plc 0.00% of their portfolio | 887.0k $1.2m | Unchanged |
| SummitTX Capital, L.P. 0.05% of their portfolio | 860.0k $1.1m | First filing |
| Nuveen, LLC 0.00% of their portfolio | 786.4k $1.0m | First filing |
| Tejara Capital Ltd 0.50% of their portfolio | 775.1k $1.0m | New |
| SPROTT INC. 0.06% of their portfolio | 772.1k $1.0m | Added +39.9k |
| VANGUARD GROUP INC 0.00% of their portfolio | 737.9k $964.1k | Unchanged |
| MIRABELLA FINANCIAL SERVICES LLP 0.02% of their portfolio | 700.0k $910.0k | New |
| Arlington Capital Management, Inc. 0.48% of their portfolio | 490.4k $637.5k | Added +21.2k |
| MACKENZIE FINANCIAL CORP 0.00% of their portfolio | 485.0k $633.6k | Reduced -865.8k |
| BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp 0.00% of their portfolio | 469.1k $612.9k | Added +97.6k |
| MANGROVE PARTNERS IM, LLC 0.07% of their portfolio | 465.3k $604.9k | New |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 464.6k $612.5k | Added +32.6k |
| DIMENSIONAL FUND ADVISORS LP 0.00% of their portfolio | 457.4k $594.9k | Reduced -40.8k |
| BlackRock, Inc. 0.00% of their portfolio | 420.6k $546.8k | Reduced -1.0k |
| Old West Investment Management, LLC 0.19% of their portfolio | 408.3k $530.8k | Reduced -1.0m |
| CIBC WORLD MARKET INC. 0.00% of their portfolio | 406.0k $530.6k | Added +133.8k |
| Cambridge Investment Research Advisors, Inc. 0.00% of their portfolio | 401.5k $522.0k | Added +86.7k |
| Triasima Portfolio Management inc. 0.09% of their portfolio | 348.7k $455.5k | New |
| Accordant Advisory Group Inc 0.44% of their portfolio | 345.9k $449.7k | Added +104 |
| Acuitas Investments, LLC 0.37% of their portfolio | 336.0k $436.8k | New |
| CANTOR FITZGERALD, L. P. 0.02% of their portfolio | 327.0k $425.1k | New |
| NATIXIS 0.00% of their portfolio | 324.3k $420.1k | Reduced -28.3k |
| CANADA LIFE ASSURANCE Co 0.00% of their portfolio | 312.9k $408.0k | Added +210.6k |
| ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio | 300.8k $391.0k | Added +203.1k |
| CONFLUENCE INVESTMENT MANAGEMENT LLC 0.01% of their portfolio | 269.8k $350.8k | Added +2.6k |
| STIFEL FINANCIAL CORP 0.00% of their portfolio | 265.6k $345.3k | Added +5.1k |
| Zurcher Kantonalbank (Zurich Cantonalbank) 0.00% of their portfolio | 255.5k $333.7k | Added +15.1k |
| IMC-Chicago, LLC 0.01% of their portfolio | 252.7k $328.5k | Reduced -172.9k |
| MARSHALL WACE, LLP 0.00% of their portfolio | 248.3k $322.8k | Reduced -7.9m |
| Ninepoint Partners LP 0.05% of their portfolio | 235.0k $305.5k | Reduced -665.0k |
| SCOTIA CAPITAL INC. 0.00% of their portfolio | 234.3k $304.5k | Added +93.8k |
| NewEdge Advisors, LLC 0.00% of their portfolio | 227.8k $296.2k | Added +4.2k |
| PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO 0.00% of their portfolio | 221.8k $289.8k | Reduced -10.5k |
| Virtu Financial LLC 0.02% of their portfolio | 218.7k $284.0k | Added +163.4k |
| EAGLE GLOBAL ADVISORS LLC 0.01% of their portfolio | 205.4k $267.0k | Added +117.7k |
| BARCLAYS PLC 0.00% of their portfolio | 187.1k $243.2k | Reduced -1.7k |
| Squarepoint Ops LLC 0.00% of their portfolio | 186.0k $241.7k | Reduced -347.4k |
| Vontobel Holding Ltd. 0.00% of their portfolio | 184.8k $241.4k | Reduced -11.6k |
| GROUP ONE TRADING LLC 0.01% of their portfolio | 179.8k $233.8k | New |
| Pictet Asset Management Holding SA 0.00% of their portfolio | 158.6k $207.2k | Reduced -7.6k |
| LPL Financial LLC 0.00% of their portfolio | 155.1k $201.7k | Added +59.7k |
| DAVENPORT & Co LLC 0.00% of their portfolio | 150.0k $195.0k | New |
| Hennion & Walsh Asset Management, Inc. 0.01% of their portfolio | 136.5k $177.5k | New |
| XTX Topco Ltd 0.01% of their portfolio | 125.4k $163.0k | Added +101.7k |
| Deuterium Capital Management, LLC 0.35% of their portfolio | 120.2k $156.3k | Unchanged |
| CITIGROUP INC 0.00% of their portfolio | 112.4k $146.9k | Reduced -125.3k |
| SIMPLEX TRADING, LLC 0.00% of their portfolio | 103.0k $133.0k | Reduced -370.5k |
| HighTower Advisors, LLC 0.00% of their portfolio | 102.2k $132.8k | Added +12.1k |
| Heathbridge Capital Management Ltd. 0.05% of their portfolio | 100.0k $130.8k | Unchanged |