Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

DENISON MINES CORP (DNN)

297 + 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
↑ +38
Streak
2Q ▲
Buyers last Q
61%

Smart Money Signals — DNN

Based on 273 hedge funds · latest filing: 2025 Q4 · updated quarterly

📈

Buying streak — 2 quarters in a row

last 6Q
For 2 consecutive quarters, more hedge funds added DNN 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
273 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 — +39% more funds vs a year ago

fund count last 6Q
+76 new funds entered over the past year (+39% 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 — 61% buying

163 buying106 selling
Last quarter: 163 funds were net buyers (72 opened a brand new position + 91 added to an existing one). Only 106 were sellers (72 trimmed + 34 sold completely). A clear majority buying is a strong confirmation signal.
📈

More new buyers each quarter (+17 vs last Q)

new funds entering per quarter
Funds opening a new DNN position: 46 → 24 → 55 → 72. A growing influx of new institutional buyers means the asset is still gathering momentum — the consensus hasn't fully saturated yet.
🔒

49% of holders stayed for 2+ years

■ 49% conviction (2yr+) ■ 23% medium ■ 28% new
134 out of 273 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.
💎

Buying through price weakness — shares -0%, value -95%

Value
-94%
Shares
0%
Last quarter: funds added -0% more shares while total portfolio value only changed -95%. Institutions were buying while the price was falling — a high-conviction accumulation signal. They're deliberately loading up on the dip.
🚀

Acceleration phase — new buyers rushing in

42 → 46 → 24 → 55 → 72 new funds/Q
New funds entering each quarter: 46 → 24 → 55 → 72. The pace of institutional discovery is accelerating sharply. This is the 'hot idea' phase — the thesis is being passed from fund to fund. You are not late — the accumulation wave is still building.
🏛️

Deep conviction — 57% of holders stayed 2+ years

■ 57% veterans ■ 9% 1-2yr ■ 34% new
Of 297 current holders: 169 (57%) have held for over 2 years without selling. These are not momentum buyers — they have lived through drawdowns and stayed. A large veteran base acts as a stabilizing force during selloffs.
📋

Smaller funds dominant — 19% AUM from top-100

19% from top-100 AUM funds
28 of 273 holders rank in the top 100 by AUM, but together hold only 19% of total institutional value. The stock is held primarily by smaller and mid-sized funds.
4.2
out of 10
Moderate Exit Risk
Exit risk score 4.2/10 — 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.

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

-- --
Smart Money Signal ?
Limited Smart Money Interest

No strong consensus or elite conviction detected among institutional holders.

36 top-rated funds 3 high-conviction
Consensus
6.8
/ 10
breadth
×
Elite
2.8
/ 10
conviction
Hedge Fund Positioning: DNN
2026 Q1 Stats Unlock in 23 days 297 + Investors

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

Metric All 13F Filers (2025 Q4) Prior (2025 Q3) Change
Funds Holding 297 251 18.33%
13F Shares 524M 525M -0.29%
Total Value $1.41B $27.57B -94.87%
New Positions 77 56 +21
Increased Positions 113 92 +21
Closed Positions 36 26 +10
Reduced Positions 89 84 +5
Total Calls 16 11 45.45%
Total Puts 13 9 44.44%
PUT/CALL Ratio 0.81 0.82 Neutral

Statistics: DNN

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Valuation Measures Data as of: --

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PEG Ratio (5yr expected) --
Price/Sales (ttm) --
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 --
Return on Assets (ttm) --
Return on Equity (ttm) --
Income Statement & Cash Flow
Revenue (ttm) --
Net Income Avi to Common (ttm) --
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Total Cash (mrq) --
Total Debt/Equity (mrq) --
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Institutional Holders (2026 Q1)

297 + investors

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

Top 25 institutional holders of DNN — 2025 Q4 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Azarias Capital Management, L.P. 4.62% 2,922,967 $10.3M
2 Triasima Portfolio Management inc. 0.39% 728,509 $2.6M
3 Counterpoint Mutual Funds LLC 0.13% 245,426 $866K
4 Banque Cantonale Vaudoise 0.12% 868,020 $3.1M
5 SLT Holdings LLC 0.08% 35,000 $124K
6 DAVENPORT & Co LLC 0.07% 3,798,462 $13.4M
7 Pacifica Partners Inc. 0.03% 29,696 $105K
8 Delta Wealth Advisors LLC 0.03% 12,085 $43K
9 AFG FIDUCIARY SERVICES LIMITED PARTNERSHIP 0.03% 15,000 $54K
10 Refined Wealth Management 0.02% 10,850 $38K
11 SevenBridge Financial Group, LLC 0.02% 31,000 $126K
12 CONFLUENCE INVESTMENT MANAGEMENT LLC 0.02% 313,086 $1.1M
13 Shore Point Advisors, LLC 0.01% 10,000 $35K
14 MILESTONE ASSET MANAGEMENT, LLC 0.01% 20,675 $73K
15 Y-Intercept (Hong Kong) Ltd 0.01% 184,864 $653K
16 Continuum Advisory, LLC 0.01% 34,141 $121K
17 Heck Capital Advisors, LLC 0.01% 38,759 $137K
18 Marex Group plc 0.01% 188,600 $375K
19 SLT Holdings LLC 0.01% 4,000 $14K
20 Sowell Financial Services LLC 0.00% 23,554 $83K
21 Vermillion Wealth Management, Inc. 0.00% 1,500 $5K
22 Stone House Investment Management, LLC 0.00% 3,178 $11K
23 CoreCap Advisors, LLC 0.00% 12,688 $45K
24 AdvisorNet Financial, Inc 0.00% 6,202 $22K
25 World Investment Advisors 0.00% 18,791 $66K
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?

Buying streak — 2 quarters in a row: For 2 consecutive quarters, more hedge funds added DNN 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 DNN?

More buyers than sellers — 61% buying: Last quarter: 163 funds were net buyers (72 opened a brand new position + 91 added to an existing one). Only 106 were sellers (72 trimmed + 34 sold completely). A clear majority buying is a strong confirmation signal.

What is the fund quality score for DNN holders?

Smaller funds dominant — 19% AUM from top-100: 28 of 273 holders rank in the top 100 by AUM, but together hold only 19% of total institutional value. The stock is held primarily by smaller and mid-sized funds.

How long have hedge funds held DNN?

49% of holders stayed for 2+ years: 134 out of 273 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.