DORCHESTER MINERALS LP DMLP
COM UNIT · MLP · CUSIP 25820R105
- SectorEnergy
- IndustryCrude Petroleum & Natural Gas
- HeadquartersDallas, 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. Implied quarter-end price ≈ $29.97. Options: 5 managers hold calls ($8.2m notional), 5 hold puts ($1.8m).
Trends to Q2 2023
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 88 |
| Q4 2022 | 110 |
| Q1 2023 | 107 |
| Q2 2023 | 114 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q4 2022 | 45 | 24 |
| Q1 2023 | 38 | 43 |
| Q2 2023 | 40 | 31 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2022 | $4.1m | $1.3m | 0.32 |
| Q4 2022 | $11.5m | $2.2m | 0.19 |
| Q1 2023 | $11.3m | $4.1m | 0.36 |
| Q2 2023 | $8.2m | $1.8m | 0.22 |
Biggest buyers
| CITADEL ADVISORS LLC | New | +102.3k |
| ING GROEP NV | New | +68.4k |
| HRT FINANCIAL LP | New | +58.4k |
| Atlas Private Wealth Advisors | New | +21.3k |
| BNP PARIBAS FINANCIAL MARKETS | Added | +17.4k |
| FIRST MANHATTAN CO. LLC. | New | +15.7k |
| WELLS FARGO & COMPANY/MN | Added | +13.4k |
| GSA CAPITAL PARTNERS LLP | New | +13.1k |
| N.E.W. Advisory Services LLC | New | +11.6k |
| Clarity Financial LLC | New | +9.3k |
Biggest sellers
| Adams Asset Advisors, LLC | Reduced | -57.6k |
| MORGAN STANLEY | Reduced | -55.2k |
| J.P. Morgan Private Wealth Advisors LLC | Reduced | -49.2k |
| RAYMOND JAMES & ASSOCIATES | Reduced | -41.7k |
| Kingsview Wealth Management, LLC | Reduced | -41.5k |
| HORIZON KINETICS ASSET MANAGEMENT LLC | Reduced | -25.1k |
| Delta Investment Management, LLC | Reduced | -18.0k |
| Cavalier Investments, LLC | Sold out | -17.3k |
| FIRST TRUST ADVISORS LP | Reduced | -17.3k |
| Concorde Financial Corp | Reduced | -15.6k |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $5.7m191.4k shares |
| CITADEL ADVISORS LLC | Reduced | $1.3m41.9k shares |
| SIMPLEX TRADING, LLC | Added | $1.1m37.2k shares |
| GROUP ONE TRADING LLC | Reduced | $113.8k3.8k shares |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | Unchanged | $00 shares |
Biggest puts
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $850.9k28.4k shares |
| CITADEL ADVISORS LLC | Reduced | $731.0k24.4k shares |
| GROUP ONE TRADING LLC | New | $182.8k6.1k shares |
| SIMPLEX TRADING, LLC | Reduced | $47.0k1.6k shares |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | Unchanged | $00 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.
No one currently above 5% in the filings since 19 Dec 2024.
Fell to 5% or below in the last year: DAVIDSON KEMPNER CAPITAL MANAGEMENT LP (2.8%, 2026-05-14)
Insider purchases and sales in Q2 2023
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)
Numbers
| Quarter | Buying | Bought | Selling | Sold | Sold under a plan |
|---|---|---|---|---|---|
| Q3 2021 | 0 | — | 0 | — | — |
| Q4 2021 | 1 | $16.1k | 0 | — | — |
| Q1 2022 | 2 | $91.0k | 0 | — | — |
| Q2 2022 | 1 | $34.1k | 0 | — | — |
| Q3 2022 | 0 | — | 0 | — | — |
| Q4 2022 | 2 | $100.4k | 0 | — | — |
| Q1 2023 | 0 | — | 0 | — | — |
| Q2 2023 | 0 | — | 0 | — | — |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2023-06-14 | DORCHESTER MINERALS OPERATING LP Entity Under Common Control | Bought plan | $145.5k5.0k shares |
| 2023-05-31 | DORCHESTER MINERALS OPERATING LP Entity Under Common Control | Bought plan | $71.3k2.5k shares |
| 2023-05-30 | DORCHESTER MINERALS OPERATING LP Entity Under Common Control | Bought plan | $214.0k7.5k shares |
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 2023
| Manager | Shares | Change |
|---|---|---|
| HORIZON KINETICS ASSET MANAGEMENT LLC 0.64% of their portfolio | 991.1k $29.7m | Reduced -25.1k |
| ROYCE & ASSOCIATES LP 0.19% of their portfolio | 636.8k $19.1m | Added +3.2k |
| Adams Asset Advisors, LLC 2.68% of their portfolio | 613.0k $18.4m | Reduced -57.6k |
| ArchPoint Investors 6.32% of their portfolio | 545.8k $16.4m | Unchanged |
| MORGAN STANLEY 0.00% of their portfolio | 515.8k $15.5m | Reduced -55.2k |
| Greenwich Investment Management, Inc. 11.37% of their portfolio | 502.6k $15.1m | Reduced -740 |
| Mirae Asset Global Investments Co., Ltd. 0.03% of their portfolio | 455.4k $13.6m | Added +252 |
| Meixler Investment Management, Ltd. 12.67% of their portfolio | 454.4k $13.6m | Reduced -6.3k |
| Kingsview Wealth Management, LLC 0.40% of their portfolio | 343.4k $10.3m | Reduced -41.5k |
| Delta Investment Management, LLC 2.54% of their portfolio | 309.0k $9.3m | Reduced -18.0k |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 206.2k $6.2m | Reduced -15.0k |
| FIRST TRUST ADVISORS LP 0.01% of their portfolio | 164.3k $4.9m | Reduced -17.3k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 157.2k $4.7m | Added +1.5k |
| CITADEL ADVISORS LLC 0.00% of their portfolio | 102.3k $3.1m | New |
| Edge Capital Group, LLC 0.17% of their portfolio | 100.0k $3.0m | Unchanged |
| EVERETT HARRIS & CO /CA/ 0.04% of their portfolio | 87.1k $2.6m | Unchanged |
| Moors & Cabot, Inc. 0.16% of their portfolio | 82.6k $2.5m | Reduced -1.3k |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 76.2k $2.3m | Added +13.4k |
| Independent Advisor Alliance 0.09% of their portfolio | 68.8k $2.1m | Unchanged |
| ING GROEP NV 0.02% of their portfolio | 68.4k $2.0m | New |
| Concorde Financial Corp 1.28% of their portfolio | 65.4k $2.0m | Reduced -15.6k |
| HRT FINANCIAL LP 0.02% of their portfolio | 58.4k $1.7m | New |
| STIFEL FINANCIAL CORP 0.00% of their portfolio | 55.7k $1.7m | Unchanged |
| Mraz, Amerine & Associates, Inc. 0.38% of their portfolio | 53.3k $1.6m | Unchanged |
| MCDANIEL TERRY & CO 0.16% of their portfolio | 52.4k $1.6m | Unchanged |
| LPL Financial LLC 0.00% of their portfolio | 51.6k $1.5m | Added +1.7k |
| Community Bank, N.A. 0.20% of their portfolio | 50.5k $1.5m | Unchanged |
| GraniteShares Advisors LLC 1.29% of their portfolio | 47.6k $1.4m | Reduced -507 |
| O'Brien Greene & Co. Inc 0.49% of their portfolio | 47.2k $1.4m | Unchanged |
| NATIXIS 0.01% of their portfolio | 43.2k $1.3m | Unchanged |
| ALBERT D MASON INC 0.88% of their portfolio | 42.7k $1.3m | Added +1 |
| Holt Capital Advisors, L.L.C. dba Holt Capital Partners, L.P. 0.23% of their portfolio | 40.4k $1.2m | Reduced -75 |
| HOWARD FINANCIAL SERVICES, LTD. 0.25% of their portfolio | 34.3k $1.0m | Added +15 |
| Inscription Capital, LLC 0.31% of their portfolio | 33.5k $1.0m | Unchanged |
| Texas Yale Capital Corp. 0.04% of their portfolio | 31.3k $937.7k | Unchanged |
| Towerpoint Wealth, LLC 0.47% of their portfolio | 28.0k $837.4k | Added +935 |
| UBS Group AG 0.00% of their portfolio | 27.2k $815.7k | Added +7.8k |
| BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio | 24.3k $727.7k | Added +17.4k |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 23.1k $693.0k | Reduced -683 |
| RAYMOND JAMES & ASSOCIATES 0.00% of their portfolio | 22.8k $683.9k | Reduced -41.7k |
| Northside Capital Management, LLC 0.23% of their portfolio | 22.5k $675.1k | Unchanged |
| COMMONWEALTH EQUITY SERVICES, LLC 0.00% of their portfolio | 21.7k $652.0k | Added +140 |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 21.7k $650.0k | Unchanged |
| Atlas Private Wealth Advisors 0.13% of their portfolio | 21.3k $637.7k | New |
| Lee Financial Co 0.11% of their portfolio | 21.3k $637.3k | Unchanged |
| Autumn Glory Partners, LLC 0.44% of their portfolio | 20.0k $599.2k | Unchanged |
| BBR PARTNERS, LLC 0.06% of their portfolio | 19.5k $582.9k | Unchanged |
| PENN DAVIS MCFARLAND INC 0.10% of their portfolio | 19.1k $571.6k | Unchanged |
| Freestone Capital Holdings, LLC 0.02% of their portfolio | 16.5k $494.3k | Unchanged |
| OSAIC HOLDINGS, INC. 0.00% of their portfolio | 16.4k $492.8k | Added +3.0k |
| FIRST MANHATTAN CO. LLC. 0.00% of their portfolio | 15.7k $470.4k | New |
| PEAPACK GLADSTONE FINANCIAL CORP 0.01% of their portfolio | 15.4k $462.0k | Unchanged |
| BROWN ADVISORY INC 0.00% of their portfolio | 14.8k $443.3k | Unchanged |
| Penbrook Management LLC 0.30% of their portfolio | 14.0k $419.4k | Unchanged |
| GSA CAPITAL PARTNERS LLP 0.04% of their portfolio | 13.1k $394.0k | New |
| Templeton & Phillips Capital Management, LLC 0.40% of their portfolio | 12.5k $373.2k | Unchanged |
| HUB Investment Partners, LLC 0.06% of their portfolio | 11.8k $352.7k | Reduced -10 |
| N.E.W. Advisory Services LLC 0.05% of their portfolio | 11.6k $347.5k | New |
| Clare Market Investments LLC 0.13% of their portfolio | 11.5k $344.5k | Added +300 |
| TRUST CO OF VERMONT 0.02% of their portfolio | 11.4k $342.0k | Unchanged |
| Creative Planning 0.00% of their portfolio | 11.4k $341.9k | Added +185 |
| Fiduciary Trust Co 0.01% of their portfolio | 11.2k $337.1k | Unchanged |
| Essex Financial Services, Inc. 0.04% of their portfolio | 11.2k $336.9k | Unchanged |
| Private Advisory Group LLC 0.07% of their portfolio | 11.2k $335.6k | Unchanged |
| ALPS ADVISORS INC 0.00% of their portfolio | 11.0k $328.4k | Unchanged |
| NORTHERN TRUST CORP 0.00% of their portfolio | 10.3k $309.2k | Reduced -1.0k |
| HOWLAND CAPITAL MANAGEMENT LLC 0.02% of their portfolio | 10.3k $307.3k | Unchanged |
| Cambridge Investment Research Advisors, Inc. 0.00% of their portfolio | 9.8k $294.0k | Added +1.7k |
| INGALLS & SNYDER LLC 0.01% of their portfolio | 9.4k $282.0k | Unchanged |
| Clarity Financial LLC 0.04% of their portfolio | 9.3k $277.9k | New |
| J.P. Morgan Private Wealth Advisors LLC 0.00% of their portfolio | 9.2k $274.7k | Reduced -49.2k |
| Virtu Financial LLC 0.02% of their portfolio | 8.8k $265.0k | New |
| BAKER TILLY WEALTH MANAGEMENT, LLC 0.03% of their portfolio | 8.5k $254.7k | Unchanged |
| Veritable, L.P. 0.00% of their portfolio | 8.5k $254.1k | New |
| Syntal Capital Partners, LLC 0.14% of their portfolio | 8.5k $353.2k | Added +250 |
| Choate Investment Advisors 0.01% of their portfolio | 8.4k $252.2k | Unchanged |
| Jump Financial, LLC 0.01% of their portfolio | 7.9k $236.7k | New |
| VIRTUS ADVISERS, LLC 0.14% of their portfolio | 7.9k $235.3k | Reduced -2.2k |
| OneDigital Investment Advisors LLC 0.00% of their portfolio | 7.5k $225.8k | Added +249 |
| ROBOTTI ROBERT 0.04% of their portfolio | 7.5k $225.4k | Unchanged |
| Kovack Advisors, Inc. 0.03% of their portfolio | 7.4k $221.7k | New |
| S&T Bank/PA 0.04% of their portfolio | 7.3k $219.0k | Unchanged |
| OPPENHEIMER & CO INC 0.00% of their portfolio | 7.0k $209.7k | Unchanged |
| MERCER GLOBAL ADVISORS INC /ADV 0.00% of their portfolio | 6.9k $207.0k | New |
| HighTower Advisors, LLC 0.00% of their portfolio | 6.8k $202.0k | Reduced -39 |
| PNC Financial Services Group, Inc. 0.00% of their portfolio | 6.0k $179.8k | Unchanged |
| Worth Asset Management, LLC 0.12% of their portfolio | 5.4k $162.1k | Added +3.1k |
| CHILTON CAPITAL MANAGEMENT LLC 0.01% of their portfolio | 4.2k $125.8k | Unchanged |
| Geneos Wealth Management Inc. 0.01% of their portfolio | 4.0k $118.3k | Reduced -3.8k |
| State of Wyoming 0.03% of their portfolio | 3.8k $114.9k | Added +2.7k |
| CANNELL CAPITAL LLC 0.02% of their portfolio | 3.7k $110.9k | Unchanged |
| SIGNATUREFD, LLC 0.00% of their portfolio | 3.6k $108.6k | Added +4 |
| US BANCORP \DE\ 0.00% of their portfolio | 3.0k $89.9k | Unchanged |
| First PREMIER Bank 0.02% of their portfolio | 2.2k $66.0k | Unchanged |
| HM PAYSON & CO 0.00% of their portfolio | 1.5k $44.9k | Added +50 |
| PIN OAK INVESTMENT ADVISORS INC 0.05% of their portfolio | 1.4k $43.0k | Added +450 |
| Sandy Spring Bank 0.00% of their portfolio | 1.2k $36.0k | Unchanged |
| NATIONAL BANK OF CANADA /FI/ 0.00% of their portfolio | 1.1k $32.2k | Added +400 |
| IFP Advisors, Inc 0.00% of their portfolio | 1.0k $24.9k | Added +500 |
| NFSG Corp 0.01% of their portfolio | 1.0k $30.0k | Unchanged |