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 ≈ $30.07. Options: 6 managers hold calls ($3.2m notional), 5 hold puts ($1.5m).
Trends to Q3 2024
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 88 |
| Q4 2022 | 110 |
| Q1 2023 | 107 |
| Q2 2023 | 114 |
| Q3 2023 | 113 |
| Q4 2023 | 115 |
| Q1 2024 | 129 |
| Q2 2024 | 125 |
| Q3 2024 | 128 |
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 |
| Q3 2023 | 40 | 34 |
| Q4 2023 | 39 | 38 |
| Q1 2024 | 59 | 40 |
| Q2 2024 | 36 | 39 |
| Q3 2024 | 45 | 34 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q4 2023 | $6.2m | $2.5m | 0.40 |
| Q1 2024 | $4.9m | $1.9m | 0.40 |
| Q2 2024 | $4.0m | $1.9m | 0.48 |
| Q3 2024 | $3.2m | $1.5m | 0.48 |
Biggest buyers
| MORGAN STANLEY | Added | +59.7k |
| FIRST TRUST ADVISORS LP | Added | +32.0k |
| Texas Yale Capital Corp. | Added | +20.4k |
| Holt Capital Advisors, L.L.C. dba Holt Capital Partners, L.P. | Added | +20.1k |
| Pathway Financial Advisers, LLC | Added | +19.6k |
| MACQUARIE GROUP LTD | New | +12.7k |
| &PARTNERS | New | +12.0k |
| GraniteShares Advisors LLC | Added | +11.8k |
| Lee Financial Co | Added | +11.0k |
| One Charles Private Wealth Services, LLC | New | +11.0k |
Biggest sellers
| Edge Capital Group, LLC | Reduced | -35.0k |
| CITADEL ADVISORS LLC | Reduced | -31.3k |
| CITIGROUP INC | Reduced | -29.5k |
| Concorde Financial Corp | Reduced | -24.1k |
| HRT FINANCIAL LP | Reduced | -18.5k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Sold out | -14.3k |
| COMMONWEALTH EQUITY SERVICES, LLC | Reduced | -12.1k |
| Kingsview Wealth Management, LLC | Reduced | -11.7k |
| ALPS ADVISORS INC | Sold out | -10.9k |
| O'Brien Greene & Co. Inc | Reduced | -10.6k |
Biggest calls
| CITADEL ADVISORS LLC | Reduced | $1.9m64.3k shares |
| GROUP ONE TRADING LLC | Reduced | $606.0k20.1k shares |
| WOLVERINE TRADING, LLC | New | $373.4k12.5k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $232.2k7.7k shares |
| SIMPLEX TRADING, LLC | Reduced | $21.0k700 shares |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | Unchanged | $00 shares |
Biggest puts
| CITADEL ADVISORS LLC | Reduced | $590.9k19.6k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $413.1k13.7k shares |
| GROUP ONE TRADING LLC | Added | $331.6k11.0k shares |
| SIMPLEX TRADING, LLC | Reduced | $195.0k6.5k 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 Q3 2024
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 |
|---|---|---|---|---|---|
| Q4 2022 | 2 | $100.4k | 0 | — | — |
| Q1 2023 | 0 | — | 0 | — | — |
| Q2 2023 | 0 | — | 0 | — | — |
| Q3 2023 | 0 | — | 0 | — | — |
| Q4 2023 | 2 | $350.1k | 0 | — | — |
| Q1 2024 | 0 | — | 0 | — | — |
| Q2 2024 | 2 | $159.7k | 0 | — | — |
| Q3 2024 | 0 | — | 0 | — | — |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2024-07-19 | DORCHESTER MINERALS OPERATING LP Entity Under Common Control | Bought plan | $93.5k2.9k shares |
| 2024-07-17 | DORCHESTER MINERALS OPERATING LP Entity Under Common Control | Bought plan | $61.0k1.9k shares |
| 2024-07-16 | DORCHESTER MINERALS OPERATING LP Entity Under Common Control | Bought plan | $97.0k3.0k 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, Q3 2024
| Manager | Shares | Change |
|---|---|---|
| HORIZON KINETICS ASSET MANAGEMENT LLC 0.40% of their portfolio | 896.9k $27.0m | Added +5.2k |
| MORGAN STANLEY 0.00% of their portfolio | 741.6k $22.4m | Added +59.7k |
| Adams Asset Advisors, LLC 2.44% of their portfolio | 611.8k $18.4m | Unchanged |
| ArchPoint Investors 5.48% of their portfolio | 543.8k $16.4m | Unchanged |
| ROYCE & ASSOCIATES LP 0.15% of their portfolio | 536.1k $16.2m | Reduced -5.6k |
| Meixler Investment Management, Ltd. 9.40% of their portfolio | 422.7k $12.7m | Reduced -2.0k |
| Delta Investment Management, LLC 1.85% of their portfolio | 300.6k $9.1m | Reduced -1.1k |
| Kingsview Wealth Management, LLC 0.17% of their portfolio | 264.1k $8.0m | Reduced -11.7k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 252.1k $7.6m | Reduced -276 |
| NATIXIS 0.04% of their portfolio | 243.2k $7.3m | Unchanged |
| FIRST TRUST ADVISORS LP 0.00% of their portfolio | 173.4k $5.2m | Added +32.0k |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 102.6k $3.1m | Added +3.8k |
| Moors & Cabot, Inc. 0.15% of their portfolio | 102.5k $3.1m | Added +639 |
| EVERETT HARRIS & CO /CA/ 0.03% of their portfolio | 83.1k $2.5m | Reduced -4.0k |
| Freestone Capital Holdings, LLC 0.08% of their portfolio | 76.9k $2.3m | Reduced -2.0k |
| Texas Yale Capital Corp. 0.10% of their portfolio | 75.2k $2.3m | Added +20.4k |
| Independent Advisor Alliance 0.08% of their portfolio | 73.3k $2.2m | Added +1.0k |
| ING GROEP NV 0.01% of their portfolio | 73.0k $2.2m | Unchanged |
| GraniteShares Advisors LLC 1.48% of their portfolio | 72.5k $2.2m | Added +11.8k |
| UBS Group AG 0.00% of their portfolio | 70.5k $2.1m | Added +4.3k |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 68.3k $2.1m | Reduced -825 |
| STIFEL FINANCIAL CORP 0.00% of their portfolio | 55.8k $1.7m | Unchanged |
| MCDANIEL TERRY & CO 0.13% of their portfolio | 52.4k $1.6m | Unchanged |
| LPL Financial LLC 0.00% of their portfolio | 52.3k $1.6m | Added +4.0k |
| Community Bank, N.A. 0.19% of their portfolio | 50.0k $1.5m | Unchanged |
| Concorde Financial Corp 0.88% of their portfolio | 49.4k $1.5m | Reduced -24.1k |
| Mraz, Amerine & Associates, Inc. 0.26% of their portfolio | 47.4k $1.4m | Reduced -900 |
| Inscription Capital, LLC 0.21% of their portfolio | 46.5k $1.4m | Added +6.0k |
| Autumn Glory Partners, LLC 0.54% of their portfolio | 46.5k $1.4m | Unchanged |
| Holt Capital Advisors, L.L.C. dba Holt Capital Partners, L.P. 0.19% of their portfolio | 40.6k $1.2m | Added +20.1k |
| O'Brien Greene & Co. Inc 0.34% of their portfolio | 36.6k $1.1m | Reduced -10.6k |
| Beacon Pointe Advisors, LLC 0.01% of their portfolio | 36.4k $1.1m | Added +8.7k |
| Lee Financial Co 0.15% of their portfolio | 35.6k $1.1m | Added +11.0k |
| Edge Capital Group, LLC 0.05% of their portfolio | 35.0k $1.1m | Reduced -35.0k |
| HOWARD FINANCIAL SERVICES, LTD. 0.15% of their portfolio | 34.2k $1.0m | Added +6 |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 32.7k $986.7k | Reduced -2.1k |
| Requisite Capital Management, LLC 0.20% of their portfolio | 31.6k $952.7k | Unchanged |
| Towerpoint Wealth, LLC 0.43% of their portfolio | 30.0k $904.7k | Reduced -1.1k |
| PENN DAVIS MCFARLAND INC 0.10% of their portfolio | 29.9k $902.8k | Unchanged |
| ALBERT D MASON INC 0.57% of their portfolio | 29.4k $886.9k | Unchanged |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 24.8k $748.7k | Added +1.1k |
| HRT FINANCIAL LP 0.00% of their portfolio | 23.4k $705.0k | Reduced -18.5k |
| Northside Capital Management, LLC 0.11% of their portfolio | 22.5k $679.3k | Unchanged |
| Pathway Financial Advisers, LLC 0.00% of their portfolio | 20.2k $671 | Added +19.6k |
| BBR PARTNERS, LLC 0.04% of their portfolio | 19.5k $586.6k | Unchanged |
| RAYMOND JAMES & ASSOCIATES 0.00% of their portfolio | 19.3k $582.7k | Reduced -3.5k |
| CITADEL ADVISORS LLC 0.00% of their portfolio | 18.9k $571.3k | Reduced -31.3k |
| GSA CAPITAL PARTNERS LLP 0.04% of their portfolio | 18.5k $558.0k | Reduced -1.1k |
| Americana Partners, LLC 0.04% of their portfolio | 17.7k $533.8k | Unchanged |
| Fort Sheridan Advisors LLC 0.07% of their portfolio | 16.1k $485.9k | Added +1.0k |
| KESTRA PRIVATE WEALTH SERVICES, LLC 0.01% of their portfolio | 15.8k $475.2k | Added +1.1k |
| FIRST MANHATTAN CO. LLC. 0.00% of their portfolio | 15.7k $473.5k | Added +4 |
| MACQUARIE GROUP LTD 0.00% of their portfolio | 12.7k $383.0k | New |
| NORTHERN TRUST CORP 0.00% of their portfolio | 12.5k $375.6k | Added +4.1k |
| Templeton & Phillips Capital Management, LLC 0.29% of their portfolio | 12.5k $375.5k | Unchanged |
| Penbrook Management LLC 0.24% of their portfolio | 12.4k $375.4k | Reduced -2.0k |
| OSAIC HOLDINGS, INC. 0.00% of their portfolio | 12.3k $372.0k | Added +1.2k |
| &PARTNERS 0.01% of their portfolio | 12.0k $361.6k | New |
| COMMONWEALTH EQUITY SERVICES, LLC 0.00% of their portfolio | 11.7k $354.0k | Reduced -12.1k |
| N.E.W. Advisory Services LLC 0.03% of their portfolio | 11.6k $349.7k | Unchanged |
| HighTower Advisors, LLC 0.00% of their portfolio | 11.5k $348.0k | Added +3.2k |
| TRUST CO OF VERMONT 0.02% of their portfolio | 11.4k $344.2k | Unchanged |
| Essex Financial Services, Inc. 0.03% of their portfolio | 11.2k $370.3k | Unchanged |
| One Charles Private Wealth Services, LLC 0.13% of their portfolio | 11.0k $331.1k | New |
| Clarity Financial LLC 0.04% of their portfolio | 10.5k $317.2k | Added +3.0k |
| BAKER TILLY WEALTH MANAGEMENT, LLC 0.14% of their portfolio | 10.5k $315.7k | Added +234 |
| PEAPACK GLADSTONE FINANCIAL CORP 0.00% of their portfolio | 10.3k $311.0k | Unchanged |
| HOWLAND CAPITAL MANAGEMENT LLC 0.01% of their portfolio | 10.3k $309.2k | Unchanged |
| EXCHANGE TRADED CONCEPTS, LLC 0.01% of their portfolio | 9.9k $299.6k | New |
| OneDigital Investment Advisors LLC 0.00% of their portfolio | 9.7k $292.1k | Added +220 |
| Redhawk Wealth Advisors, Inc. 0.04% of their portfolio | 9.7k $291.2k | Added +701 |
| Calydon Capital 0.05% of their portfolio | 9.7k $290.9k | New |
| INGALLS & SNYDER LLC 0.01% of their portfolio | 9.4k $283.0k | Unchanged |
| Creative Planning 0.00% of their portfolio | 8.8k $265.7k | Reduced -925 |
| EIGHT 31 FINANCIAL, LLC 0.20% of their portfolio | 8.8k $265.7k | Added +495 |
| Fiduciary Trust Co 0.00% of their portfolio | 8.8k $263.8k | Unchanged |
| Compound Planning, Inc. 0.02% of their portfolio | 8.7k $262.2k | Added +2.0k |
| FLAGSHIP HARBOR ADVISORS, LLC 0.01% of their portfolio | 8.5k $255.8k | Added +829 |
| Pathstone Holdings, LLC 0.00% of their portfolio | 8.5k $255.7k | Unchanged |
| Choate Investment Advisors 0.01% of their portfolio | 8.4k $253.8k | Unchanged |
| ROBOTTI ROBERT 0.03% of their portfolio | 7.5k $226.9k | Unchanged |
| PERSONAL CFO SOLUTIONS, LLC 0.03% of their portfolio | 7.5k $226.1k | Unchanged |
| MADDEN SECURITIES Corp 0.10% of their portfolio | 7.4k $222.6k | New |
| S&T Bank/PA 0.06% of their portfolio | 7.3k $220.0k | Unchanged |
| OPPENHEIMER & CO INC 0.00% of their portfolio | 7.0k $211.1k | Unchanged |
| MERCER GLOBAL ADVISORS INC /ADV 0.00% of their portfolio | 7.0k $214.6k | New |
| KING LUTHER CAPITAL MANAGEMENT CORP 0.00% of their portfolio | 6.9k $208.0k | Unchanged |
| LGT Financial Advisors LLC 0.41% of their portfolio | 5.5k $165.8k | New |
| VIRTUS ADVISERS, LLC 0.08% of their portfolio | 5.3k $160.6k | Reduced -77 |
| CHILTON CAPITAL MANAGEMENT LLC 0.01% of their portfolio | 4.2k $126.6k | Unchanged |
| Anfield Capital Management, LLC 0.04% of their portfolio | 3.8k $115.8k | Unchanged |
| SIGNATUREFD, LLC 0.00% of their portfolio | 3.5k $105.5k | Unchanged |
| SIMPLEX TRADING, LLC 0.00% of their portfolio | 3.4k $103.0k | Reduced -1.4k |
| Arlington Trust Co LLC 0.02% of their portfolio | 3.4k $102.5k | Unchanged |
| CITIGROUP INC 0.00% of their portfolio | 3.2k $97.1k | Reduced -29.5k |
| Allworth Financial LP 0.00% of their portfolio | 3.1k $94.2k | Unchanged |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 2.9k $87.1k | Added +1.1k |
| First PREMIER Bank 0.02% of their portfolio | 2.2k $67.0k | Unchanged |
| US BANCORP \DE\ 0.00% of their portfolio | 2.0k $60.3k | Unchanged |
| TCTC Holdings, LLC 0.00% of their portfolio | 2.0k $60.3k | Unchanged |