Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Dakota Gold Corp (DC)

171 + Investors. Track Smart Money conviction in DC. See who's accumulating, reducing, or initiating positions.

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↑ +23
Streak
11Q ▲
Buyers last Q
66%

Smart Money Signals — DC

Based on 173 hedge funds · latest filing: 2026 Q1 · updated quarterly

📈

Buying streak — 11 quarters in a row

last 6Q
For 11 consecutive quarters, more hedge funds added DC than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.
🏔️

At the ownership peak (100% of max)

100% of all-time peak
173 hedge funds hold DC right now — the highest count in 3.0 years. When ownership is this concentrated, any bad news can trigger a chain reaction: one big fund sells, others follow. This is a classic 'crowded trade' — high popularity doesn't equal safety.
🚀

Fast accumulation — +59% more funds vs a year ago

fund count last 6Q
+64 new funds entered over the past year (+59% YoY). That's a rapid rush of institutional money. Fast accumulation often signals a major thesis — but it also means the stock could fall quickly if that thesis breaks.
🟢

More buyers than sellers — 66% buying

114 buying59 selling
Last quarter: 114 funds were net buyers (43 opened a brand new position + 71 added to an existing one). Only 59 were sellers (39 trimmed + 20 sold completely). A clear majority buying is a strong confirmation signal.
📈

More new buyers each quarter (+13 vs last Q)

new funds entering per quarter
Funds opening a new DC position: 16 → 40 → 30 → 43. A growing influx of new institutional buyers means the asset is still gathering momentum — the consensus hasn't fully saturated yet.
📌

Mixed — 30% long-term, 40% new

■ 30% conviction (2yr+) ■ 29% medium ■ 40% new
Of the 173 current holders: 52 (30%) held >2 years, 51 held 1–2 years, and 70 entered in the last year. A mixed base — the stock has long-term believers but also recent buyers who haven't been tested by a downturn yet.
💎

Buying through price weakness — shares +22%, value -6%

Value
-6%
Shares
+21%
Last quarter: funds added +22% more shares while total portfolio value only changed -6%. Institutions were buying while the price was falling — a high-conviction accumulation signal. They're deliberately loading up on the dip.
📈

Growing discovery — still being found

25 → 16 → 40 → 30 → 43 new funds/Q
New funds entering each quarter: 16 → 40 → 30 → 43. A growing number of institutions are discovering DC each quarter. The narrative is still spreading — leaving room for ongoing capital accumulation.
📊

Mixed cohorts — 33% veterans, 49% new entrants

■ 33% veterans ■ 18% 1-2yr ■ 49% new
Of 180 current holders: 59 (33%) held 2+ years, 32 held 1–2 years, 89 (49%) entered in the past year. Balanced distribution — some institutional memory, some recent momentum buyers.
🏆

Elite ownership — 41% AUM from top-100 funds

41% from top-100 AUM funds
38 of 172 holders are among the 100 largest funds by AUM, controlling 41% of total institutional value in DC. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.
4.7
out of 10
Moderate Exit Risk
Exit risk score 4.7/10 — some crowding factors present, but no critical concentration. Watch ownership trend over the next 1–2 quarters for direction.

Methodology note: these Smart Money cards use consecutive 13F disclosure snapshots, not trade-by-trade execution data. "Buying", "selling", "new holders", and "trimmed" refer to quarter-over-quarter changes in reported holders, aggregate shares, or disclosed position values between filings. They are useful for ownership regime analysis and crowding, but they do not imply exact trade timing on the filing date.

Institutional Sentiment Summary — DC

In 2026 Q1, 114 hedge funds were net buyers of DC (43 opened a new position, 71 added to an existing one), while 59 reduced or exited (39 trimmed, 20 sold completely) — a 66% buyer ratio, indicating clear institutional accumulation. This marks 11 consecutive quarters of net institutional buying — a persistent conviction signal. 41% of total institutional value in DC is held by top-100 AUM funds, reflecting elite-tier ownership quality. Net fund flow last quarter: +23 funds (more new holders than closures). Total institutional holders: 173.

Hedge Fund Ownership: DC

How many hedge funds hold DC — quarterly history vs. share price
Quarterly hedge fund ownership of DC vs. share price

Market Analysis: DC

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: DC

-- --

Institutional ownership data sourced from SEC EDGAR Form 13F-HR filings.

Is It Too Late to Buy Dakota Gold Corp (DC) Based on Hedge Fund 13F Filings?

Signal Freshness measures how much DC has moved relative to its sector benchmark (SPY) since the 2026 Q1 13F filing. A stock that has barely outrun its sector is still a relatively fresh entry point — the fund's thesis has not yet been priced in by the broader market.

Since Quarter End March 31, 2026 · 82d ago
DC
-2.4%
SPY
+15.1%

DC outperformed SPY by -17.5% since March 31, 2026.

Since 13F Filing Date May 15, 2026 · 37d ago
DC
-13.5%
SPY
+1.3%

Since the filing became public, DC outperformed SPY by -14.8% .

Interpretation: The stock is tracking its sector benchmark closely. The signal remains fresh and the entry point is still near the fund's implied reference. Learn more →

Smart Money Signal ?
Limited Smart Money Interest

No strong consensus or elite conviction detected among institutional holders.

15 top-rated funds 5 high-conviction
Consensus
5.2
/ 10
breadth
×
Elite
4.7
/ 10
conviction
Hedge Fund Positioning: DC
171 + Investors

Track Smart Money conviction in DC. See who's accumulating, reducing, or initiating positions.

Metric All 13F Filers (2026 Q1) Prior (2025 Q4) Change
Funds Holding 171 150 14.0%
13F Shares 60M 50M 18.87%
Total Value $261M $286M -8.87%
New Positions 42 30 +12
Increased Positions 69 57 +12
Closed Positions 21 22 -1
Reduced Positions 36 39 -3
Total Calls 5 2 150.0%
Total Puts 3 3 -
PUT/CALL Ratio 0.6 1.5 Bullish

Statistics: DC

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Valuation Measures Data as of: --

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PEG Ratio (5yr expected) --
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Price/Book (mrq) --
Enterprise Value/Revenue --
Enterprise Value/EBITDA --
Beta (5Y Monthly) --
Short Ratio (Days to Cover) --
Short % of Float --

Financial Highlights

Profitability
Profit Margin --
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Income Statement & Cash Flow
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Diluted EPS (ttm) --
Total Cash (mrq) --
Total Debt/Equity (mrq) --
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Institutional Holders (2026 Q1)

171 + investors

Explore institutional interest and hedge fund ownership dynamics. Analyze portfolio weights, new positions, and conviction trends in DC. Verified SEC 13F-HR filings.

QUARTER:
Top 25 DC holders by conviction (% of portfolio weight) — 2026 Q1 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Orion Resource Partners LP 9.65% 4,181,766 $21.1M
2 Nokomis Capital, L.L.C. 2.90% 2,005,427 $10.1M
3 Medici Capital LLC 2.63% 423,321 $2.1M
4 Fiscal Wisdom Wealth Management, LLC 2.52% 520,494 $2.6M
5 Global Strategic Management Inc 2.30% 555,084 $2.8M
6 Bornite Capital Management LP 1.70% 2,000,000 $10.1M
7 Knoll Capital Management, LLC 0.34% 122,921 $621K
8 Trek Financial, LLC 0.34% 1,283,896 $6.5M
9 Dauntless Investment Group, LLC 0.23% 69,041 $349K
10 Hartree Partners, LP 0.22% 203,002 $1.0M
11 Sprott INC. 0.18% 1,232,916 $6.2M
12 Pacific Point Advisors, LLC 0.14% 53,046 $268K
13 nVerses Capital, LLC 0.12% 26,701 $135K
14 Higgins & Schmidt Wealth Strategies LLC 0.12% 52,736 $266K
15 Donald Smith & CO., INC. 0.10% 1,080,000 $5.5M
16 Groupe la Francaise 0.10% 1,400,000 $7.0M
17 Optimize Financial Inc 0.08% 33,423 $169K
18 Informed Momentum Co LLC 0.07% 125,413 $633K
19 Colonial River Investments, LLC 0.06% 31,470 $159K
20 Scientech Research LLC 0.05% 12,014 $61K
21 Quantbot Technologies LP 0.04% 213,298 $1.1M
22 Kiker Wealth Management, LLC 0.03% 12,575 $64K
23 Ci Investments INC. 0.03% 1,122,683 $5.7M
24 Abacus Planning Group, Inc. 0.03% 40,160 $203K
25 Aegis Financial Corp 0.03% 30,000 $152K
Investor Ownership
History 		% of Portfolio Prev % Rank Conviction Avg Buy Price 13F Score™ 3Y / 7Y Sell Timing Shares Mkt Value Change Change % Source Quarter Filed

Frequently Asked Questions — Dakota Gold Corp (DC)

What does the Smart Money Trend signal show for DC?

Buying streak — 11 quarters in a row: For 11 consecutive quarters, more hedge funds added DC than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.

What is the institutional breadth score for DC?

More buyers than sellers — 66% buying: Last quarter: 114 funds were net buyers (43 opened a brand new position + 71 added to an existing one). Only 59 were sellers (39 trimmed + 20 sold completely). A clear majority buying is a strong confirmation signal.

What is the fund quality score for DC holders?

Elite ownership — 41% AUM from top-100 funds: 38 of 172 holders are among the 100 largest funds by AUM, controlling 41% of total institutional value in DC. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.

How long have hedge funds held DC?

Mixed — 30% long-term, 40% new: Of the 173 current holders: 52 (30%) held >2 years, 51 held 1–2 years, and 70 entered in the last year. A mixed base — the stock has long-term believers but also recent buyers who haven't been tested by a downturn yet.

Is it too late to buy Dakota Gold Corp (DC) following the 2026 Q1 hedge fund 13F filings?

As of today, DC has moved -13.5% since the 2026 Q1 13F filing date (May 15, 2026), compared to +1.3% for the SPY sector ETF — an outperformance of -14.8%. Since the quarter end (March 31, 2026), DC has gained -2.4% vs +15.1% for SPY. The stock is tracking its sector benchmark closely. The signal remains fresh and the entry point is still near the fund's implied reference.

Where does this institutional ownership data come from?

All holdings data is sourced from SEC Form 13F filings, which institutional investment managers with over $100 million in assets are required to submit quarterly. Data is parsed directly from SEC EDGAR.

Disclaimer: The information on this page is for informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any security. Institutional holdings data is sourced from SEC Form 13F filings and reflects positions as of the filing date. Past performance of any fund or portfolio is not indicative of future results. 13Foresight is not a registered investment adviser. Always conduct your own due diligence before making investment decisions.

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