DMLPNasdaqCrude Petroleum & Natural GasFiscal year ends December 31
DORCHESTER MINERALS, L.P.
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Aug 6, 2026
$30.05−0.38 (-1.25%)
Close on Oct 19, 2026
- Market cap
- $1.45B
- P/E (TTM)
- 16.6
- Dividend yield
- –
Ownership
Institutional holdings as of Jun 30, 2026, from 13F filings
Held by institutions
22.9%
11M of 49M shares
Institutional holders
153
19 new, 12 sold out
Net institutional buying
1M
In Q2 2026
Insider trades, 12 months
21 buys · 0 sales
Net bought $2.31M
Shares held by institutions
Top institutional holders
13F holdings as of Jun 30, 2026
| Holder | Shares | % of DMLP | Value | Change | % of portfolio |
|---|---|---|---|---|---|
| Morgan Stanley | 1,039,501 | 2.12% | $26.25M | −739,211 | 0.00% |
| Adams Asset Advisors, LLC | 910,934 | 1.86% | $23.00M | +22,670 | 2.61% |
| Horizon Kinetics Asset Management LLC | 852,651 | 1.74% | $21.53M | −7,575 | 0.24% |
| Turtle Creek Wealth Advisors, LLC | 842,225 | 1.72% | $21.28M | New | 1.12% |
| Hollow Brook Wealth Management LLC | 803,023 | 1.64% | $20.28M | – | 4.03% |
| MidFirst Bank | 500,743 | 1.02% | $12.64M | +6,590 | 0.90% |
| Meixler Investment Management, Ltd. | 369,041 | 0.75% | $9.32M | −15,728 | 5.15% |
| Pathstone Holdings, LLC | 359,480 | 0.73% | $9.08M | +351,000 | 0.03% |
| Royce & Associates LP | 338,629 | 0.69% | $8.55M | – | 0.07% |
| ArchPoint Investors | 314,184 | 0.64% | $7.93M | −185,714 | 1.68% |
| Freestone Capital Holdings, LLC | 306,149 | 0.62% | $7.73M | +119,149 | 0.20% |
| Natixis | 234,400 | 0.48% | $5.92M | – | 0.02% |
| Texas Yale Capital Corp. | 213,000 | 0.43% | $5.38M | +5,500 | 0.12% |
| Delta Investment Management, LLC | 176,418 | 0.36% | $4.45M | −108,624 | 0.73% |
| First Trust Advisors LP | 169,403 | 0.35% | $4.28M | −3,628 | 0.00% |
| &partners | 164,018 | 0.33% | $4.14M | −23,159 | 0.02% |
| Ing Groep Nv | 150,500 | 0.31% | $3.80M | +19,000 | 0.02% |
| Bank Of America Corp /De/ | 148,948 | 0.30% | $3.76M | +100 | 0.00% |
| Kingsview Wealth Management, LLC | 142,010 | 0.29% | $3.59M | −29,295 | 0.04% |
| Jane Street Group, LLC | 137,184 | 0.28% | $3.46M | +113,441 | 0.00% |
Institutional buying and selling by quarter
Positions opened, added to, reduced and closed by 13F filers
| Quarter | Holders | Shares held | % of shares | New / added | Reduced / closed | Shares bought | Shares sold |
|---|---|---|---|---|---|---|---|
| Q2 2026 | 153 | 11M | 22.9% | 19 / 45 | 29 / 12 | 2M | 1M |
| Q1 2026 | 149 | 11M | 21.5% | 26 / 45 | 21 / 12 | 1M | 0M |
| Q4 2025 | 137 | 10M | 20.5% | 19 / 51 | 27 / 17 | 2M | 0M |
| Q3 2025 | 136 | 9M | 17.5% | 10 / 35 | 39 / 21 | 1M | 1M |
| Q2 2025 | 147 | 8M | 16.7% | 21 / 48 | 28 / 16 | 1M | 1M |
| Q1 2025 | 143 | 8M | 16.8% | 19 / 47 | 26 / 14 | 1M | 1M |
| Q4 2024 | 138 | 8M | 15.6% | 27 / 31 | 23 / 14 | 1M | 1M |
| Q3 2024 | 127 | 7M | 14.7% | 12 / 33 | 26 / 8 | 0M | 0M |
| Q2 2024 | 124 | 8M | 15.7% | 9 / 28 | 27 / 12 | 0M | 2M |
| Q1 2024 | 128 | 9M | 19.1% | 22 / 37 | 33 / 7 | 1M | 0M |
| Q4 2023 | 114 | 8M | 16.9% | 11 / 32 | 31 / 7 | 1M | 0M |
| Q3 2023 | 112 | 8M | 15.8% | 9 / 32 | 24 / 10 | 1M | 1M |
Top mutual fund and ETF holders
Latest monthly portfolio reports (Form N-PORT)
| Fund | Shares | % of DMLP | Value | % of fund | As of |
|---|---|---|---|---|---|
| Horizon Kinetics Inflation Beneficiaries ETF | 177,106 | 0.36% | $4.47M | 0.30% | Jun 30, 2026 |
| Multi-Asset Diversified Income Index Fund | 169,403 | 0.35% | $4.28M | 1.03% | Jun 30, 2026 |
| GraniteShares HIPS U.S. High Income ETF | 126,444 | 0.26% | $3.19M | 2.91% | Jun 30, 2026 |
| Invesco Zacks Multi-Asset Income ETF | 37,086 | 0.08% | $1.02M | 0.82% | Jul 31, 2026 |
| Fidelity Nasdaq Composite Index Fund | 29,473 | 0.06% | $798.13K | 0.00% | May 31, 2026 |
| Global X Alternative Income ETF | 20,810 | 0.04% | $563.53K | 1.27% | May 31, 2026 |
| Amplify Energy & Natural Resources Covered Call ETF | 16,051 | 0.03% | $405.29K | 1.56% | Jun 30, 2026 |
| Arrow Dow Jones Global Yield ETF | 8,988 | 0.02% | $248.16K | 0.67% | Jul 31, 2026 |
| Fundamentals First ETF | 2,005 | 0.00% | $50.63K | 0.73% | Jun 30, 2026 |
| Virtus AlphaSimplex Global Alternatives Fund | 914 | 0.00% | $23.08K | 0.03% | Jun 30, 2026 |
Officers, directors and major owners
People who filed Forms 3, 4 or 5 in the last two years
| Name | Role | Shares owned | % of shares | Latest filing |
|---|---|---|---|---|
| Leslie A. Moriyama | Chief Financial Officer | 103,405 | 0.21% | Aug 19, 2026 |
| Bradley J. Ehrman | Chief Executive Officer | 157,915 | 0.32% | May 12, 2026 |
| Troy Sturrock | Director | 900 | 0.00% | Feb 18, 2026 |
| Albert G. Nance III | Director | 15,419 | 0.03% | Jan 9, 2026 |
| Frank Damon Box | Director | 9,000 | 0.02% | Dec 3, 2025 |
| Robert C. Vaughn | Director | 520,547 | 1.06% | Dec 2, 2025 |
| Sarah N. Wariner | Director | 0 | – | May 29, 2025 |
| Minerals Operating Lp Dorchester | – | 70,017 | 0.14% | Jun 2, 2026 |
Insider trades
Common stock transactions reported on Form 4, newest first
| Insider | Date | Transaction | Shares | Price | Value | Shares after |
|---|---|---|---|---|---|---|
| Leslie A. Moriyama Chief Financial Officer | Aug 19, 2026 | Buy | +5,197 | $28.30 | $147.08K | 103,405 |
| Minerals Operating Lp Dorchester – | Jun 1, 2026 | Buy | +4,001 | $27.50 | $110.03K | 70,017 |
| Minerals Operating Lp Dorchester – | Jun 1, 2026 | Buy | +999 | $27.62 | $27.59K | 66,016 |
| Minerals Operating Lp Dorchester – | Jun 1, 2026 | Buy | +2,500 | $27.64 | $69.10K | 65,017 |
| Minerals Operating Lp Dorchester – | May 20, 2026 | Buy | +1,500 | $28.24 | $42.36K | 56,517 |
| Minerals Operating Lp Dorchester – | May 20, 2026 | Buy | +6,000 | $28.32 | $169.92K | 62,517 |
| Bradley J. Ehrman Chief Executive Officer | May 12, 2026 | Buy | +4,000 | $26.78 | $107.12K | 142,723 |
| Minerals Operating Lp Dorchester – | Feb 13, 2026 | Buy | +5,000 | $25.29 | $126.45K | 55,017 |
| Minerals Operating Lp Dorchester – | Feb 12, 2026 | Buy | +5,000 | $25.08 | $125.40K | 50,017 |
| Minerals Operating Lp Dorchester – | Feb 11, 2026 | Buy | +10,000 | $25.29 | $252.90K | 45,017 |
| Minerals Operating Lp Dorchester – | Dec 22, 2025 | Buy | +10,000 | $22.30 | $223.00K | 35,017 |
| Minerals Operating Lp Dorchester – | Dec 19, 2025 | Buy | +5,000 | $22.23 | $111.15K | 25,017 |
| Minerals Operating Lp Dorchester – | Dec 18, 2025 | Buy | +15,729 | $22.28 | $350.44K | 20,017 |
| Minerals Operating Lp Dorchester – | Dec 17, 2025 | Buy | +4,271 | $22.19 | $94.77K | 4,288 |
| Bradley J. Ehrman Chief Executive Officer | Dec 15, 2025 | Option exercise | +4,727 | – | – | 34,437 |
| Bradley J. Ehrman Chief Executive Officer | Dec 15, 2025 | Tax withholding | −1,719 | – | – | 32,718 |
| Leslie A. Moriyama Chief Financial Officer | Dec 15, 2025 | Tax withholding | −1,756 | – | – | 98,208 |
| Leslie A. Moriyama Chief Financial Officer | Dec 15, 2025 | Option exercise | +4,351 | – | – | 99,964 |
| Leslie A. Moriyama Chief Financial Officer | Dec 3, 2025 | Option exercise | +4,017 | – | – | 97,234 |
| Leslie A. Moriyama Chief Financial Officer | Dec 3, 2025 | Tax withholding | −1,621 | – | – | 95,613 |
| Bradley J. Ehrman Chief Executive Officer | Dec 3, 2025 | Tax withholding | −1,749 | – | – | 29,710 |
| Bradley J. Ehrman Chief Executive Officer | Dec 3, 2025 | Option exercise | +4,810 | – | – | 31,459 |
| Frank Damon Box Director | Dec 3, 2025 | Buy | +5,000 | $21.97 | $109.85K | 9,000 |
| Leslie A. Moriyama Chief Financial Officer | Dec 1, 2025 | Tax withholding | −6,456 | $21.63 | $139.64K | 93,217 |
| Leslie A. Moriyama Chief Financial Officer | Dec 1, 2025 | Award | +16,000 | $21.63 | $346.08K | 99,673 |
| Bradley J. Ehrman Chief Executive Officer | Dec 1, 2025 | Tax withholding | −6,543 | $21.63 | $141.53K | 26,649 |
| Bradley J. Ehrman Chief Executive Officer | Dec 1, 2025 | Award | +18,000 | $21.63 | $389.34K | 33,192 |
| Minerals Operating Lp Dorchester – | Nov 28, 2025 | Other | −58,000 | $21.95 | $1.27M | 17 |
| Robert C. Vaughn Director | Nov 28, 2025 | Buy | +195 | $21.36 | $4.17K | 20,547 |
| Bradley J. Ehrman Chief Executive Officer | Nov 26, 2025 | Buy | +2,487 | $21.60 | $53.72K | 121,197 |
| Leslie A. Moriyama Chief Financial Officer | Nov 25, 2025 | Buy | +3,041 | $21.50 | $65.38K | 83,673 |
| Robert C. Vaughn Director | Nov 25, 2025 | Buy | +352 | $21.39 | $7.53K | 20,352 |
| Robert C. Vaughn Director | Nov 25, 2025 | Buy | +4,263 | $21.41 | $91.27K | 20,000 |
| Bradley J. Ehrman Chief Executive Officer | Nov 25, 2025 | Buy | +1,000 | $21.26 | $21.26K | 118,710 |
| Frank Damon Box Director | Sep 5, 2025 | Buy | +4,000 | $25.57 | $102.28K | 4,000 |
| Minerals Operating Lp Dorchester – | Apr 30, 2025 | Buy | +10,000 | $28.76 | $287.60K | 58,017 |
| Bradley J. Ehrman Chief Executive Officer | Mar 3, 2025 | Buy | +3,356 | $29.80 | $100.01K | 117,710 |
| Minerals Operating Lp Dorchester – | Feb 6, 2025 | Buy | +335 | $31.06 | $10.41K | 48,017 |
| Minerals Operating Lp Dorchester – | Feb 4, 2025 | Buy | +6,500 | $30.90 | $200.85K | 47,682 |
| Minerals Operating Lp Dorchester – | Jan 31, 2025 | Buy | +7,500 | $31.69 | $237.68K | 41,182 |
| Minerals Operating Lp Dorchester – | Dec 30, 2024 | Buy | +940 | $33.19 | $31.20K | 33,678 |
| Minerals Operating Lp Dorchester – | Dec 30, 2024 | Buy | +10 | $33.15 | $332 | 32,738 |
| Minerals Operating Lp Dorchester – | Dec 30, 2024 | Buy | +4 | $33.06 | $132 | 33,682 |
| Minerals Operating Lp Dorchester – | Dec 26, 2024 | Buy | +4,000 | $32.86 | $131.44K | 32,728 |
| Minerals Operating Lp Dorchester – | Dec 23, 2024 | Buy | +1,000 | $32.27 | $32.27K | 28,728 |
| Minerals Operating Lp Dorchester – | Dec 23, 2024 | Buy | +3,000 | $32.20 | $96.60K | 27,728 |
| Minerals Operating Lp Dorchester – | Dec 23, 2024 | Buy | +2,500 | $32.21 | $80.53K | 24,728 |
| Bradley J. Ehrman Chief Executive Officer | Dec 13, 2024 | Tax withholding | −1,861 | – | – | 26,809 |
| Leslie A. Moriyama Chief Financial Officer | Dec 13, 2024 | Tax withholding | −1,626 | – | – | 80,632 |
| Leslie A. Moriyama Chief Financial Officer | Dec 13, 2024 | Option exercise | +4,351 | – | – | 82,258 |
| Minerals Operating Lp Dorchester – | Dec 12, 2024 | Buy | +1,000 | $32.84 | $32.84K | 22,228 |
| Minerals Operating Lp Dorchester – | Dec 12, 2024 | Buy | +1,000 | $32.84 | $32.84K | 21,228 |
| Minerals Operating Lp Dorchester – | Dec 12, 2024 | Buy | +3,005 | $32.85 | $98.71K | 20,228 |
| Minerals Operating Lp Dorchester – | Dec 11, 2024 | Buy | +1,000 | $33.01 | $33.01K | 17,223 |
| Minerals Operating Lp Dorchester – | Dec 11, 2024 | Buy | +1,000 | $32.99 | $32.99K | 16,223 |
| Minerals Operating Lp Dorchester – | Dec 11, 2024 | Buy | +1,000 | $32.96 | $32.96K | 15,223 |
| Minerals Operating Lp Dorchester – | Dec 11, 2024 | Buy | +1,000 | $33.02 | $33.02K | 14,223 |
| Minerals Operating Lp Dorchester – | Dec 11, 2024 | Buy | +2,000 | $33.05 | $66.10K | 13,223 |
| Minerals Operating Lp Dorchester – | Dec 11, 2024 | Buy | +4,000 | $33.03 | $132.12K | 11,223 |
| Minerals Operating Lp Dorchester – | Dec 11, 2024 | Buy | +3,995 | $32.97 | $131.72K | 7,223 |
Awards, option exercises, tax withholding and gifts are shown alongside open-market buys and sales. Each name links to the filing on SEC EDGAR.