Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Denison Mines Corp (DNN)

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

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↓ -13
Streak
1Q ▼
Buyers last Q
54%

Smart Money Signals — DNN

Based on 286 hedge funds · latest filing: 2026 Q2 · updated quarterly

📉

Selling streak — 1 quarter in a row

last 6Q
For 1 consecutive quarter, more hedge funds reduced or closed their DNN positions than added to them. Sustained institutional selling is a meaningful warning sign — these are professionals with deep research teams collectively deciding to exit.
🏔️

At the ownership peak (96% of max)

96% of all-time peak
286 hedge funds hold DNN 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 — +34% more funds vs a year ago

fund count last 6Q
+73 new funds entered over the past year (+34% 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.
🟡

Slight buying edge — 54% buying

149 buying129 selling
Last quarter: 149 funds bought or added vs 129 that reduced or exited. It's nearly a 50/50 split — some institutions are convinced, others are taking profits. This mixed picture is normal near price highs.
⚠️

Fewer new buyers each quarter (-17 vs last Q)

new funds entering per quarter
Funds opening this position for the first time: 57 → 73 → 62 → 45. Each quarter fewer new institutions are entering. This usually means most funds that wanted in are already in — the stock is well-known but the pool of potential new buyers is shrinking.
🔒

50% of holders stayed for 2+ years

■ 50% conviction (2yr+) ■ 22% medium ■ 28% new
142 out of 286 hedge funds have held DNN for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.
📊

Peak discovery — momentum slowing

25 → 57 → 73 → 62 → 45 new funds/Q
New funds entering each quarter: 57 → 73 → 62 → 45. DNN is well-known in the hedge fund world, but fresh entries are gradually declining. The explosive phase of institutional discovery is likely behind us.
🏛️

Veteran-anchored — 54% veterans vs 31% newcomers

■ 54% veterans ■ 15% 1-2yr ■ 31% new
Entry-cohort mix of 306 holders: 165 (54%) are 2+ year veterans, 45 entered 1–2 years ago, and 96 (31%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.
✅

Strong quality — 20% AUM from major funds

20% from top-100 AUM funds
40 of 280 holders rank in the top 100 by AUM, accounting for 20% of total institutional value held. A meaningful share of the ownership value comes from the most well-resourced institutions.
3.9
out of 10
Low Exit Risk
Exit risk score 3.9/10 — low institutional crowding. Ownership is below peak levels, holder base is relatively sticky, and buying momentum is positive.

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 — DNN

In 2026 Q2, 149 hedge funds were net buyers of DNN (45 opened a new position, 104 added to an existing one), while 129 reduced or exited (71 trimmed, 58 sold completely) — a 54% buyer ratio, indicating a slight buying edge. 20% of total institutional value in DNN is held by top-100 AUM funds, reflecting strong institutional quality. Net fund flow last quarter: -13 funds (more exits than new entries). Total institutional holders: 286.

Hedge Fund Ownership: DNN

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

Market Analysis: DNN

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: DNN

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

Loading signal freshness…
Smart Money Signal ?
Limited Smart Money Interest

No strong consensus or elite conviction detected among institutional holders.

12 top-rated funds 1 high-conviction
Consensus
4.8
/ 10
breadth
×
Elite
3.1
/ 10
conviction
Hedge Fund Positioning: DNN
280 + Investors

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

Metric All 13F Filers (2026 Q2) Prior (2026 Q1) Change
Funds Holding 280 299 -6.35%
13F Shares 586M 581M 0.9%
Total Value $1.71B $1.71B 0.02%
New Positions 45 62 -17
Increased Positions 95 100 -5
Closed Positions 58 43 +15
Reduced Positions 68 80 -12
Total Calls 19 19 -
Total Puts 7 9 -22.22%
PUT/CALL Ratio 0.37 0.47 Bullish

Statistics: DNN

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Institutional Holders (2026 Q2)

280 + investors

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

QUARTER:
Top 25 DNN holders by conviction (% of portfolio weight) — 2026 Q2 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Azarias Capital Management, L.P. 5.64% 4,238,742 $13.0M
2 Lloyd Harbor Capital Management, LLC 4.88% 1,550,000 $4.7M
3 Lloyd Harbor Capital Management, LLC 3.62% 1,150,000 $3.5M
4 PCJ Investment Counsel Ltd. 2.15% 2,444,190 $7.5M
5 Orion Resource Partners LP 1.96% 1,400,127 $4.3M
6 Accordant Advisory Group Inc 1.10% 534,147 $1.6M
7 De Lisle Partners LLP 1.07% 3,213,856 $9.8M
8 GeoSphere Capital Management, LLC 0.98% 977,106 $3.0M
9 Goehring & Rozencwajg Associates, LLC 0.90% 5,117,155 $15.7M
10 MMCAP International Inc. SPC 0.74% 2,857,531 $8.7M
11 Alps Advisors Inc 0.70% 48,826,954 $149.4M
12 Titan Global Capital Management USA LLC 0.69% 1,769,758 $5.4M
13 Hood River Capital Management LLC 0.59% 26,723,056 $81.8M
14 Fielder Capital Group LLC 0.59% 890,835 $2.7M
15 Extract Advisors LLC 0.43% 500,000 $1.5M
16 Deuterium Capital Management, LLC 0.40% 120,243 $368K
17 Wright Wealth LLC 0.37% 199,533 $611K
18 Banque Cantonale Vaudoise 0.35% 826,020 $2.5M
19 ArrowMark Colorado Holdings LLC 0.35% 2,714,000 $8.3M
20 Scopus Asset Management, L.P. 0.32% 7,511,802 $23.0M
21 Triasima Portfolio Management inc. 0.31% 741,091 $2.3M
22 MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.24% 65,005,137 $199.3M
23 Old West Investment Management, LLC 0.21% 661,255 $2.0M
24 Vident Advisory, LLC 0.16% 7,457,149 $22.8M
25 Van Eck Associates Corp 0.16% 87,521,620 $267.6M
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 — Denison Mines Corp (DNN)

What does the Smart Money Trend signal show for DNN?

Selling streak — 1 quarter in a row: For 1 consecutive quarter, more hedge funds reduced or closed their DNN positions than added to them. Sustained institutional selling is a meaningful warning sign — these are professionals with deep research teams collectively deciding to exit.

What is the institutional breadth score for DNN?

Slight buying edge — 54% buying: Last quarter: 149 funds bought or added vs 129 that reduced or exited. It's nearly a 50/50 split — some institutions are convinced, others are taking profits. This mixed picture is normal near price highs.

What is the fund quality score for DNN holders?

Strong quality — 20% AUM from major funds: 40 of 280 holders rank in the top 100 by AUM, accounting for 20% of total institutional value held. A meaningful share of the ownership value comes from the most well-resourced institutions.

How long have hedge funds held DNN?

50% of holders stayed for 2+ years: 142 out of 286 hedge funds have held DNN for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.

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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