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 ≈ $33.34. Options: 5 managers hold calls ($3.6m notional), 4 hold puts ($1.5m).
Trends to Q4 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 |
| Q4 2024 | 139 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| 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 |
| Q4 2024 | 56 | 37 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q1 2024 | $4.9m | $1.9m | 0.40 |
| Q2 2024 | $4.0m | $1.9m | 0.48 |
| Q3 2024 | $3.2m | $1.5m | 0.48 |
| Q4 2024 | $3.6m | $1.5m | 0.41 |
Biggest buyers
| MORGAN STANLEY | Added | +316.3k |
| Round Rock Advisors LLC | New | +116.3k |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. | New | +114.9k |
| &PARTNERS | Added | +110.1k |
| Invesco Ltd. | New | +45.7k |
| Cresset Asset Management, LLC | New | +43.0k |
| CITADEL ADVISORS LLC | Added | +30.0k |
| Burford Brothers, Inc. | New | +29.3k |
| JANE STREET GROUP, LLC | New | +26.1k |
| CAPITAL ADVISORY GROUP ADVISORY SERVICES, LLC | New | +25.1k |
Biggest sellers
| BANK OF AMERICA CORP /DE/ | Reduced | -94.7k |
| ING GROEP NV | Sold out | -73.0k |
| WELLS FARGO & COMPANY/MN | Reduced | -59.7k |
| Freestone Capital Holdings, LLC | Reduced | -45.4k |
| UBS Group AG | Reduced | -44.7k |
| Edge Capital Group, LLC | Sold out | -35.0k |
| Pathway Financial Advisers, LLC | Reduced | -19.6k |
| GSA CAPITAL PARTNERS LLP | Sold out | -18.5k |
| PENN DAVIS MCFARLAND INC | Reduced | -18.3k |
| FIRST MANHATTAN CO. LLC. | Sold out | -15.7k |
Biggest calls
| CITADEL ADVISORS LLC | Reduced | $1.7m52.5k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $1.4m42.3k shares |
| SIMPLEX TRADING, LLC | Added | $329.0k9.9k shares |
| GROUP ONE TRADING LLC | Reduced | $76.7k2.3k shares |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | Unchanged | $00 shares |
Biggest puts
| CITADEL ADVISORS LLC | Reduced | $596.6k17.9k shares |
| GROUP ONE TRADING LLC | Added | $463.3k13.9k shares |
| SIMPLEX TRADING, LLC | Added | $396.0k11.9k 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 Q4 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 |
|---|---|---|---|---|---|
| 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 | — | — |
| Q4 2024 | 1 | $104.9k | 0 | — | — |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2024-12-30 | DORCHESTER MINERALS OPERATING LP Entity Under Common Control | Bought plan | $31.7k954 shares |
| 2024-12-26 | DORCHESTER MINERALS OPERATING LP Entity Under Common Control | Bought plan | $131.4k4.0k shares |
| 2024-12-23 | DORCHESTER MINERALS OPERATING LP Entity Under Common Control | Bought plan | $209.4k6.5k shares |
| 2024-12-12 | DORCHESTER MINERALS OPERATING LP Entity Under Common Control | Bought plan | $164.4k5.0k shares |
| 2024-12-11 | DORCHESTER MINERALS OPERATING LP Entity Under Common Control | Bought plan | $560.9k17.0k shares |
| 2024-11-14 | MORIYAMA LESLIE A Chief Financial Officer | Bought | $104.9k3.2k 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, Q4 2024
| Manager | Shares | Change |
|---|---|---|
| MORGAN STANLEY 0.00% of their portfolio | 1.1m $35.3m | Added +316.3k |
| HORIZON KINETICS ASSET MANAGEMENT LLC 0.38% of their portfolio | 908.6k $30.3m | Added +11.8k |
| Adams Asset Advisors, LLC 2.62% of their portfolio | 611.8k $20.4m | Unchanged |
| ArchPoint Investors 5.87% of their portfolio | 536.2k $17.9m | Reduced -7.5k |
| ROYCE & ASSOCIATES LP 0.17% of their portfolio | 536.1k $17.9m | Unchanged |
| Meixler Investment Management, Ltd. 10.30% of their portfolio | 416.7k $13.9m | Reduced -5.9k |
| Delta Investment Management, LLC 1.95% of their portfolio | 300.6k $10.0m | Unchanged |
| Kingsview Wealth Management, LLC 0.16% of their portfolio | 253.8k $8.5m | Reduced -10.4k |
| NATIXIS 0.06% of their portfolio | 243.2k $8.1m | Unchanged |
| FIRST TRUST ADVISORS LP 0.00% of their portfolio | 162.5k $5.4m | Reduced -10.9k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 157.3k $5.2m | Reduced -94.7k |
| &PARTNERS 0.05% of their portfolio | 122.1k $4.2m | Added +110.1k |
| Round Rock Advisors LLC 0.80% of their portfolio | 116.3k $3.9m | New |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.01% of their portfolio | 114.9k $3.8m | New |
| Moors & Cabot, Inc. 0.16% of their portfolio | 102.8k $3.4m | Added +200 |
| EVERETT HARRIS & CO /CA/ 0.03% of their portfolio | 83.1k $2.8m | Unchanged |
| Texas Yale Capital Corp. 0.10% of their portfolio | 77.3k $2.6m | Added +2.1k |
| GraniteShares Advisors LLC 1.55% of their portfolio | 73.3k $2.4m | Added +743 |
| Independent Advisor Alliance 0.03% of their portfolio | 72.5k $2.4m | Reduced -850 |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 70.7k $2.4m | Added +2.4k |
| STIFEL FINANCIAL CORP 0.00% of their portfolio | 57.2k $1.9m | Added +1.4k |
| LPL Financial LLC 0.00% of their portfolio | 57.2k $1.9m | Added +4.9k |
| MCDANIEL TERRY & CO 0.14% of their portfolio | 52.4k $1.7m | Unchanged |
| Community Bank, N.A. 0.21% of their portfolio | 50.0k $1.7m | Unchanged |
| Concorde Financial Corp 0.98% of their portfolio | 49.2k $1.6m | Reduced -200 |
| CITADEL ADVISORS LLC 0.00% of their portfolio | 49.0k $1.6m | Added +30.0k |
| Autumn Glory Partners, LLC 0.76% of their portfolio | 46.5k $1.5m | Unchanged |
| Beacon Pointe Advisors, LLC 0.02% of their portfolio | 46.5k $1.5m | Added +10.0k |
| Invesco Ltd. 0.00% of their portfolio | 45.7k $1.5m | New |
| Mraz, Amerine & Associates, Inc. 0.27% of their portfolio | 45.0k $1.5m | Reduced -2.5k |
| Cresset Asset Management, LLC 0.01% of their portfolio | 43.0k $1.4m | New |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 42.8k $1.4m | Reduced -59.7k |
| Holt Capital Advisors, L.L.C. dba Holt Capital Partners, L.P. 0.20% of their portfolio | 40.6k $1.4m | Unchanged |
| O'Brien Greene & Co. Inc 0.40% of their portfolio | 36.6k $1.2m | Unchanged |
| Lee Financial Co 0.17% of their portfolio | 35.6k $1.2m | Unchanged |
| HOWARD FINANCIAL SERVICES, LTD. 0.15% of their portfolio | 34.2k $1.1m | Added +8 |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 33.6k $1.1m | Added +858 |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 32.3k $1.1m | Added +7.4k |
| Freestone Capital Holdings, LLC 0.04% of their portfolio | 31.6k $1.1m | Reduced -45.4k |
| HRT FINANCIAL LP 0.01% of their portfolio | 30.8k $1.0m | Added +7.4k |
| Towerpoint Wealth, LLC 0.49% of their portfolio | 30.1k $1.0m | Added +96 |
| ALBERT D MASON INC 0.67% of their portfolio | 29.9k $997.9k | Added +525 |
| Burford Brothers, Inc. 0.48% of their portfolio | 29.3k $975.7k | New |
| Requisite Capital Management, LLC 0.19% of their portfolio | 28.0k $933.2k | Reduced -3.6k |
| HighTower Advisors, LLC 0.00% of their portfolio | 27.4k $912.4k | Added +15.9k |
| JANE STREET GROUP, LLC 0.00% of their portfolio | 26.1k $871.2k | New |
| UBS Group AG 0.00% of their portfolio | 25.8k $858.3k | Reduced -44.7k |
| CAPITAL ADVISORY GROUP ADVISORY SERVICES, LLC 0.30% of their portfolio | 25.1k $837.1k | New |
| RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio | 23.5k $782.7k | First filing |
| Northside Capital Management, LLC 0.19% of their portfolio | 21.9k $728.6k | Reduced -672 |
| Fisher Asset Management, LLC 0.00% of their portfolio | 19.5k $650.3k | New |
| BBR PARTNERS, LLC 0.05% of their portfolio | 19.5k $648.5k | Unchanged |
| Calydon Capital 0.13% of their portfolio | 19.4k $645.3k | Added +9.7k |
| Canton Hathaway, LLC 0.15% of their portfolio | 18.5k $616.0k | New |
| Americana Partners, LLC 0.02% of their portfolio | 17.7k $590.1k | Unchanged |
| Fort Sheridan Advisors LLC 0.08% of their portfolio | 16.1k $537.1k | Unchanged |
| KESTRA PRIVATE WEALTH SERVICES, LLC 0.01% of their portfolio | 15.2k $505.1k | Reduced -607 |
| TRUST CO OF VERMONT 0.02% of their portfolio | 14.5k $482.0k | Added +3.0k |
| COMMONWEALTH EQUITY SERVICES, LLC 0.00% of their portfolio | 12.9k $430.0k | Added +1.2k |
| MACQUARIE GROUP LTD 0.00% of their portfolio | 12.6k $421.0k | Reduced -79 |
| Focus Partners Wealth 0.00% of their portfolio | 12.5k $416.6k | New |
| Penbrook Management LLC 0.28% of their portfolio | 12.4k $415.0k | Unchanged |
| BAKER TILLY WEALTH MANAGEMENT, LLC 0.16% of their portfolio | 12.1k $402.8k | Added +1.6k |
| PENN DAVIS MCFARLAND INC 0.04% of their portfolio | 11.7k $388.8k | Reduced -18.3k |
| N.E.W. Advisory Services LLC 0.04% of their portfolio | 11.6k $386.6k | Unchanged |
| MADDEN SECURITIES Corp 0.15% of their portfolio | 11.4k $379.4k | Added +4.0k |
| Essex Financial Services, Inc. 0.03% of their portfolio | 11.2k $374.8k | Unchanged |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio | 11.0k $367.6k | New |
| One Charles Private Wealth Services, LLC 0.12% of their portfolio | 11.0k $366.1k | Unchanged |
| Clarity Financial LLC 0.04% of their portfolio | 10.5k $350.6k | Unchanged |
| PEAPACK GLADSTONE FINANCIAL CORP 0.00% of their portfolio | 10.3k $344.0k | Unchanged |
| HOWLAND CAPITAL MANAGEMENT LLC 0.01% of their portfolio | 10.3k $341.9k | Unchanged |
| OneDigital Investment Advisors LLC 0.00% of their portfolio | 10.0k $332.4k | Added +287 |
| INGALLS & SNYDER LLC 0.01% of their portfolio | 9.4k $313.0k | Unchanged |
| EIGHT 31 FINANCIAL, LLC 0.23% of their portfolio | 9.1k $302.8k | Added +272 |
| EXCHANGE TRADED CONCEPTS, LLC 0.01% of their portfolio | 9.0k $300.1k | Reduced -932 |
| Creative Planning 0.00% of their portfolio | 8.8k $293.7k | Unchanged |
| FLAGSHIP HARBOR ADVISORS, LLC 0.02% of their portfolio | 8.8k $292.9k | Added +302 |
| Fiduciary Trust Co 0.00% of their portfolio | 8.8k $291.6k | Unchanged |
| Pathstone Holdings, LLC 0.00% of their portfolio | 8.5k $282.6k | Unchanged |
| Choate Investment Advisors 0.01% of their portfolio | 8.4k $280.6k | Unchanged |
| Compound Planning, Inc. 0.01% of their portfolio | 8.3k $275.8k | Reduced -423 |
| MERCER GLOBAL ADVISORS INC /ADV 0.00% of their portfolio | 8.2k $275.0k | Added +1.2k |
| NORTHERN TRUST CORP 0.00% of their portfolio | 7.7k $255.6k | Reduced -4.8k |
| ROBOTTI ROBERT 0.04% of their portfolio | 7.5k $250.8k | Unchanged |
| S&T Bank/PA 0.08% of their portfolio | 7.3k $243.3k | Unchanged |
| XTX Topco Ltd 0.02% of their portfolio | 7.1k $237.4k | New |
| OPPENHEIMER & CO INC 0.00% of their portfolio | 7.0k $233.3k | Unchanged |
| KING LUTHER CAPITAL MANAGEMENT CORP 0.00% of their portfolio | 6.9k $230.0k | Unchanged |
| Apollon Wealth Management, LLC 0.01% of their portfolio | 6.8k $228.2k | New |
| Corient Private Wealth LP 0.00% of their portfolio | 6.6k $219.3k | New |
| MGO ONE SEVEN LLC 0.01% of their portfolio | 6.4k $214.5k | New |
| HUB Investment Partners, LLC 0.01% of their portfolio | 6.4k $212.0k | New |
| State of Tennessee, Department of Treasury 0.00% of their portfolio | 6.0k $200.7k | New |
| Cetera Investment Advisers 0.00% of their portfolio | 6.0k $200.3k | New |
| VIRTUS ADVISERS, LLC 0.08% of their portfolio | 5.7k $190.9k | Added +402 |
| CHILTON CAPITAL MANAGEMENT LLC 0.01% of their portfolio | 4.2k $140.0k | Unchanged |
| Anfield Capital Management, LLC 0.05% of their portfolio | 3.8k $128.0k | Unchanged |
| SIGNATUREFD, LLC 0.00% of their portfolio | 3.5k $116.7k | Unchanged |
| Arlington Trust Co LLC 0.02% of their portfolio | 3.4k $113.3k | Unchanged |