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 ($1.5m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $1.82. Options: 11 managers hold calls ($10.7m notional), 11 hold puts ($4.7m).
Trends to Q2 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 |
| Q2 2025 | 219 |
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 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 |
| Q2 2025 | 100 | 79 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2024 | $4.5m | $4.4m | 0.97 |
| Q4 2024 | $19.0m | $4.9m | 0.26 |
| Q1 2025 | $16.7m | $3.0m | 0.18 |
| Q2 2025 | $10.7m | $4.7m | 0.44 |
Biggest buyers
| VAN ECK ASSOCIATES CORP | Added | +19.6m |
| ROYAL BANK OF CANADA | Added | +7.0m |
| UBS Group AG | Added | +4.9m |
| Balyasny Asset Management L.P. | New | +4.4m |
| SEGRA CAPITAL MANAGEMENT, LLC | Added | +3.8m |
| BW Gestao de Investimentos Ltda. | New | +2.9m |
| Vident Advisory, LLC | Added | +2.9m |
| GOLDMAN SACHS GROUP INC | Added | +2.8m |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | +2.7m |
| Capital Research Global Investors | Added | +2.6m |
Biggest sellers
| MMCAP International Inc. SPC | Reduced | -10.5m |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. | Reduced | -7.8m |
| RENAISSANCE TECHNOLOGIES LLC | Reduced | -6.9m |
| MORGAN STANLEY | Reduced | -4.0m |
| Bridgewater Associates, LP | Reduced | -3.2m |
| JANE STREET GROUP, LLC | Reduced | -3.1m |
| HRT FINANCIAL LP | Reduced | -1.5m |
| MILLENNIUM MANAGEMENT LLC | Reduced | -963.9k |
| Quantbot Technologies LP | Sold out | -963.0k |
| BANK OF AMERICA CORP /DE/ | Reduced | -913.1k |
Biggest calls
| GROUP ONE TRADING LLC | Reduced | $4.7m2.6m shares |
| SIMPLEX TRADING, LLC | Reduced | $2.2m1.2m shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $1.5m816.9k shares |
| JANE STREET GROUP, LLC | Added | $1.1m601.0k shares |
| WOLVERINE TRADING, LLC | Reduced | $502.6k280.8k shares |
| CITADEL ADVISORS LLC | Reduced | $318.9k175.2k shares |
| Caption Management, LLC | New | $218.8k120.2k shares |
| PEAK6 LLC | Reduced | $169.3k93.0k shares |
| Squarepoint Ops LLC | Unchanged | $41.1k22.6k shares |
| Total Wealth Planning & Management, Inc. | Unchanged | $12.4k5.0k shares |
Biggest puts
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $1.6m888.3k shares |
| CITADEL ADVISORS LLC | Reduced | $1.3m710.7k shares |
| GROUP ONE TRADING LLC | Added | $550.7k302.6k shares |
| IMC-Chicago, LLC | Added | $391.5k215.1k shares |
| SIMPLEX TRADING, LLC | Added | $390.0k214.3k shares |
| PEAK6 LLC | Added | $182.0k100.0k shares |
| WOLVERINE TRADING, LLC | Reduced | $133.9k74.8k shares |
| JANE STREET GROUP, LLC | Added | $80.7k44.1k shares |
| Squarepoint Ops LLC | Reduced | $51.3k28.2k shares |
| BANK OF MONTREAL /CAN/ | Unchanged | $20.9k11.4k 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 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
| Manager | Shares | Change |
|---|---|---|
| ALPS ADVISORS INC 0.63% of their portfolio | 60.0m $109.2m | Added +2.2m |
| VAN ECK ASSOCIATES CORP 0.11% of their portfolio | 53.5m $97.3m | Added +19.6m |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.18% of their portfolio | 50.3m $91.8m | Reduced -7.8m |
| SEGRA CAPITAL MANAGEMENT, LLC 19.90% of their portfolio | 33.9m $61.7m | Added +3.8m |
| Hood River Capital Management LLC 0.68% of their portfolio | 26.6m $48.4m | Reduced -302.2k |
| MMCAP International Inc. SPC 2.94% of their portfolio | 13.4m $24.4m | Reduced -10.5m |
| Capital Research Global Investors 0.00% of their portfolio | 11.5m $20.9m | Added +2.6m |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 11.3m $20.6m | Added +7.0m |
| CITADEL ADVISORS LLC 0.02% of their portfolio | 10.5m $19.1m | Added +907.6k |
| Vident Advisory, LLC 0.20% of their portfolio | 9.8m $17.8m | Added +2.9m |
| TD Asset Management Inc 0.01% of their portfolio | 9.0m $16.4m | Added +352.2k |
| Connor, Clark & Lunn Investment Management Ltd. 0.06% of their portfolio | 8.9m $16.4m | Added +2.3m |
| UBS Group AG 0.00% of their portfolio | 8.6m $15.7m | Added +4.9m |
| SCOPUS ASSET MANAGEMENT, L.P. 0.37% of their portfolio | 7.6m $13.9m | Reduced -104.6k |
| Lloyd Harbor Capital Management, LLC 8.56% of their portfolio | 6.7m $12.2m | Added +300.0k |
| Beutel, Goodman & Co Ltd. 0.06% of their portfolio | 5.9m $10.7m | Reduced -200.3k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.01% of their portfolio | 5.3m $9.7m | Added +2.7m |
| RENAISSANCE TECHNOLOGIES LLC 0.01% of their portfolio | 5.2m $9.4m | Reduced -6.9m |
| MILLENNIUM MANAGEMENT LLC 0.01% of their portfolio | 4.7m $8.7m | Reduced -963.9k |
| Bridgewater Associates, LP 0.03% of their portfolio | 4.6m $8.4m | Reduced -3.2m |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.01% of their portfolio | 4.6m $8.3m | Added +49 |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 4.5m $8.2m | Added +2.8m |
| Balyasny Asset Management L.P. 0.02% of their portfolio | 4.4m $8.0m | New |
| MORGAN STANLEY 0.00% of their portfolio | 4.0m $7.3m | Reduced -4.0m |
| BANK OF MONTREAL /CAN/ 0.00% of their portfolio | 4.0m $7.3m | Added +1.5m |
| Goehring & Rozencwajg Associates, LLC 1.05% of their portfolio | 3.8m $6.8m | Reduced -36.2k |
| JANUS HENDERSON GROUP PLC 0.00% of their portfolio | 3.6m $6.5m | Added +36.4k |
| Azarias Capital Management, L.P. 2.54% of their portfolio | 3.1m $5.6m | Unchanged |
| BW Gestao de Investimentos Ltda. 0.51% of their portfolio | 2.9m $5.3m | New |
| INTACT INVESTMENT MANAGEMENT INC. 0.17% of their portfolio | 2.7m $5.0m | Added +672.4k |
| ArrowMark Colorado Holdings LLC 0.08% of their portfolio | 2.5m $4.5m | Added +524.0k |
| Summit Financial, LLC 0.10% of their portfolio | 2.4m $4.3m | Unchanged |
| SummitTX Capital, L.P. 0.17% of their portfolio | 2.1m $3.8m | Added +1.2m |
| PCJ Investment Counsel Ltd. 1.28% of their portfolio | 2.0m $3.7m | Added +497.1k |
| De Lisle Partners LLP 0.52% of their portfolio | 2.0m $3.7m | Added +150.0k |
| MOORE CAPITAL MANAGEMENT, LP 0.07% of their portfolio | 2.0m $3.6m | New |
| ARDSLEY ADVISORY PARTNERS LP 0.59% of their portfolio | 2.0m $3.6m | Added +1.0m |
| TITAN GLOBAL CAPITAL MANAGEMENT USA LLC 0.56% of their portfolio | 2.0m $3.6m | Added +264.2k |
| Catalyst Funds Management Pty Ltd 0.94% of their portfolio | 1.9m $3.4m | New |
| Alpha Wave Global, LP 0.36% of their portfolio | 1.8m $3.4m | Added +663.5k |
| Federation des caisses Desjardins du Quebec 0.01% of their portfolio | 1.8m $3.2m | Reduced -848 |
| Swiss National Bank 0.00% of their portfolio | 1.7m $3.1m | Reduced -16.8k |
| JANE STREET GROUP, LLC 0.01% of their portfolio | 1.7m $3.1m | Reduced -3.1m |
| Alyeska Investment Group, L.P. 0.01% of their portfolio | 1.5m $2.7m | Unchanged |
| BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio | 1.4m $2.6m | Added +1.4m |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 1.4m $2.6m | Reduced -180.3k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio | 1.4m $2.5m | Reduced -114.1k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 1.4m $2.5m | Reduced -913.1k |
| GeoSphere Capital Management, LLC 2.41% of their portfolio | 1.3m $2.4m | New |
| Arosa Capital Management LP 1.71% of their portfolio | 1.3m $2.3m | Reduced -175.4k |
| Fielder Capital Group LLC 0.58% of their portfolio | 1.2m $2.2m | Reduced -16.0k |
| Virtu Financial LLC 0.11% of their portfolio | 1.2m $2.1m | Added +931.9k |
| Legal & General Group Plc 0.00% of their portfolio | 1.1m $2.0m | Added +184.0k |
| NATIONAL BANK OF CANADA /FI/ 0.00% of their portfolio | 1.0m $1.9m | Reduced -22.1k |
| Russell Investments Group, Ltd. 0.00% of their portfolio | 970.0k $1.8m | Unchanged |
| Cetera Investment Advisers 0.00% of their portfolio | 954.1k $1.7m | Added +5.5k |
| TWO SIGMA INVESTMENTS, LP 0.00% of their portfolio | 947.9k $1.7m | New |
| FORMULA GROWTH LTD 0.60% of their portfolio | 868.7k $1.6m | New |
| CIBC Asset Management Inc 0.00% of their portfolio | 803.3k $1.5m | Reduced -237.7k |
| SPROTT INC. 0.07% of their portfolio | 798.5k $1.5m | Added +26.4k |
| XTX Topco Ltd 0.06% of their portfolio | 757.2k $1.4m | Added +631.8k |
| CANADA LIFE ASSURANCE Co 0.00% of their portfolio | 744.6k $1.4m | Added +431.7k |
| VANGUARD GROUP INC 0.00% of their portfolio | 737.9k $1.3m | Unchanged |
| ExodusPoint Capital Management, LP 0.02% of their portfolio | 706.1k $1.3m | New |
| Caption Management, LLC 0.12% of their portfolio | 700.0k $1.3m | Added +625.0k |
| Old West Investment Management, LLC 0.42% of their portfolio | 694.6k $1.3m | Added +286.3k |
| Nuveen, LLC 0.00% of their portfolio | 674.6k $1.2m | Reduced -111.8k |
| MACKENZIE FINANCIAL CORP 0.00% of their portfolio | 513.9k $940.4k | Added +29.0k |
| BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp 0.01% of their portfolio | 505.8k $925.4k | Added +36.7k |
| TWO SIGMA SECURITIES, LLC 0.11% of their portfolio | 503.3k $916.0k | Added +458.2k |
| Regal Partners Ltd 0.08% of their portfolio | 493.4k $898.1k | Reduced -507.3k |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 490.5k $900.7k | Added +25.9k |
| CANTOR FITZGERALD, L. P. 0.02% of their portfolio | 465.6k $847.4k | Added +138.7k |
| MANGROVE PARTNERS IM, LLC 0.09% of their portfolio | 465.3k $846.8k | Unchanged |
| DIMENSIONAL FUND ADVISORS LP 0.00% of their portfolio | 445.5k $810.6k | Reduced -11.8k |
| BlackRock, Inc. 0.00% of their portfolio | 418.2k $761.2k | Reduced -2.4k |
| GROUP ONE TRADING LLC 0.02% of their portfolio | 373.2k $679.3k | Added +193.4k |
| NATIXIS 0.00% of their portfolio | 344.5k $615.9k | Added +20.2k |
| Accordant Advisory Group Inc 0.46% of their portfolio | 340.9k $620.5k | Reduced -5.0k |
| WINNACLE WEALTH LLC 0.46% of their portfolio | 340.9k $620.5k | New |
| Tejara Capital Ltd 0.29% of their portfolio | 338.3k $615.7k | Reduced -436.8k |
| ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio | 322.2k $586.4k | Added +21.4k |
| TD Waterhouse Canada Inc. 0.00% of their portfolio | 322.1k $562.9k | Added +312.0k |
| Cambridge Investment Research Advisors, Inc. 0.00% of their portfolio | 303.1k $552.0k | Reduced -98.3k |
| L1 Capital Pty Ltd 0.03% of their portfolio | 301.6k $551.9k | New |
| STIFEL FINANCIAL CORP 0.00% of their portfolio | 294.7k $536.3k | Added +29.1k |
| Banque Cantonale Vaudoise 0.02% of their portfolio | 288.4k $526.0k | New |
| CONFLUENCE INVESTMENT MANAGEMENT LLC 0.01% of their portfolio | 266.9k $485.7k | Reduced -2.9k |
| IMC-Chicago, LLC 0.01% of their portfolio | 258.0k $469.5k | Added +5.3k |
| Zurcher Kantonalbank (Zurich Cantonalbank) 0.00% of their portfolio | 252.6k $461.0k | Reduced -2.8k |
| CIBC WORLD MARKET INC. 0.00% of their portfolio | 247.7k $453.2k | Reduced -158.3k |
| SCOTIA CAPITAL INC. 0.00% of their portfolio | 240.1k $437.2k | Added +5.8k |
| Ninepoint Partners LP 0.08% of their portfolio | 235.0k $427.7k | Unchanged |
| Headlands Technologies LLC 0.05% of their portfolio | 231.7k $421.6k | Added +228.4k |
| Hennion & Walsh Asset Management, Inc. 0.02% of their portfolio | 223.4k $406.6k | Added +86.9k |
| CITIGROUP INC 0.00% of their portfolio | 218.3k $398.4k | Added +105.9k |
| PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO 0.00% of their portfolio | 206.7k $377.1k | Reduced -15.2k |
| NewEdge Advisors, LLC 0.00% of their portfolio | 206.1k $375.2k | Reduced -21.7k |
| EAGLE GLOBAL ADVISORS LLC 0.02% of their portfolio | 205.4k $373.8k | Unchanged |
| BARCLAYS PLC 0.00% of their portfolio | 186.0k $338.5k | Reduced -1.1k |