DLH Holdings Corp. - Common Stock, $0.001 par value (DLHC) Institutional Ownership

13F Institutional Holders and Ownership History from Q1 2014 to Q4 2025

Type / Class
Equity / Common Stock, $0.001 par value
Symbol
DLHC on Nasdaq
Shares outstanding
14,455,286
Price per share
$5.78
All holders as of 31 Dec 2025
Q4 2025
Total 13F shares
9,682,324
Total reported value
$54,704,807
% of total 13F portfolios
0%
Share change
+230,519
Value change
+$1,303,055
Number of holders
43
Price from insider filings
$5.78
Reported Shares, Excluding Options vs Price
Reported Value, Excluding Options
Total Investors

Significant Owners of DLH Holdings Corp. - Common Stock, $0.001 par value (DLHC) based on Schedule 13D/G filings

Filer Ownership Change % Holdings Value Net Change Nb Shares Change % Reporting Name Report Period
Mink Brook Asset Management LLC 18% +7.1% $14,987,478 +$1,068,130 2,566,349 +7.7% Mink Brook Capital GP LLC 30 Sep 2025
Minerva Advisors LLC 7.7% $6,288,772 1,113,057 Minerva Advisors LLC 31 Dec 2025
Parker Zachary 4% $3,302,956 584,594 Zachary C. Parker 31 Dec 2025

As of 31 Dec 2025, 43 institutional investors reported holding 9,682,324 shares of DLH Holdings Corp. - Common Stock, $0.001 par value (DLHC). This represents 67% of the company’s total 14,455,286 outstanding shares.

Top 25 Institutional Shareholders

The largest institutional shareholders of DLH Holdings Corp. - Common Stock, $0.001 par value (DLHC) together control 67% of the company’s outstanding shares — a level of ownership often associated with strong institutional conviction and long‑term capital commitment.

Institution Ownership % Shares Held Share Change % Portfolio % Holdings Value
WYNNEFIELD CAPITAL INC 25% 3,681,421 0% 12% $20,800,028
Mink Brook Asset Management LLC 18% 2,625,847 +2.3% 9.4% $14,836,036
Minerva Advisors LLC 7.7% 1,113,057 -0.34% 4.2% $6,288,772
VANGUARD GROUP INC 3.5% 506,902 +2.5% 0% $2,863,996
DIMENSIONAL FUND ADVISORS LP 1.7% 248,328 -2% 0% $1,402,923
RBF Capital, LLC 1.5% 220,000 -2.2% 0.06% $1,243,000
RENAISSANCE TECHNOLOGIES LLC 1.5% 210,064 -17% 0% $1,186,862
Perritt Capital Management Inc 1.1% 164,200 -3.5% 1.6% $927,730
Rothschild Wealth LLC 1.1% 164,200 0.09% $927,730
GEODE CAPITAL MANAGEMENT, LLC 0.96% 138,095 +0.94% 0% $780,421
US BANCORP \DE\ 0.79% 114,526 0% $647,072
BlackRock, Inc. 0.49% 71,307 +1.1% 0% $402,885
STATE STREET CORP 0.41% 59,609 +29% 0% $336,791
BRIDGEWAY CAPITAL MANAGEMENT, LLC 0.35% 50,291 -46% 0.01% $284,144
FIFTH THIRD BANCORP 0.35% 50,151 0% 0% $283,353
MORGAN STANLEY 0.34% 49,263 -0.3% 0% $278,336
CITADEL ADVISORS LLC 0.33% 47,924 -21% 0% $270,770
NORTHERN TRUST CORP 0.25% 36,228 +25% 0% $204,688
Proficio Capital Partners LLC 0.24% 34,806 0.01% $196,654
Sandia Investment Management LP 0.24% 34,806 0.49% $196,654
Bank of New York Mellon Corp 0.1% 14,310 -36% 0% $80,851
MILLENNIUM MANAGEMENT LLC 0.09% 12,986 -32% 0% $73,371
JANE STREET GROUP, LLC 0.07% 10,351 0% $58,483
FMR LLC 0.06% 8,782 +65% 0% $49,618
BANK OF AMERICA CORP /DE/ 0.02% 3,299 +13096% 0% $18,640

Institutional Holders of DLH Holdings Corp. - Common Stock, $0.001 par value (DLHC) across Reporting Periods

Period Reported Shares, Excl. Options Value, Excl. Options Value Change Price (Median) Investors
2025 Q4 9,682,324 $54,704,807 +$1,303,055 $5.65 43
2025 Q3 9,463,653 $53,469,514 -$440,756 $5.65 46
2025 Q2 9,536,116 $55,645,373 +$1,344,853 $5.84 51
2025 Q1 9,478,764 $38,389,625 -$1,703,201 $4.05 65
2024 Q4 9,652,977 $77,512,922 -$4,742,772 $8.03 59
2024 Q3 8,739,583 $81,794,657 -$1,397,881 $9.36 70
2024 Q2 8,833,278 $93,305,537 +$1,055,154 $10.56 69
2024 Q1 8,652,051 $114,630,715 -$3,998,597 $13.27 62
2023 Q4 8,918,085 $140,412,641 +$3,446,522 $15.75 53
2023 Q3 8,463,391 $98,412,979 +$2,257,546 $11.67 45
2023 Q2 8,543,452 $87,469,319 +$345,043 $10.25 44
2023 Q1 8,483,399 $97,206,168 +$5,285,913 $11.47 52
2022 Q4 8,014,065 $95,074,680 +$2,593,292 $11.86 53
2022 Q3 7,781,346 $95,554,227 -$2,519,806 $12.27 55
2022 Q2 7,944,534 $121,034,764 -$1,767,824 $15.24 54
2022 Q1 7,920,682 $149,994,894 +$2,843,363 $18.94 50
2021 Q4 7,618,289 $157,845,072 -$4,150,072 $20.72 40
2021 Q3 8,026,245 $98,687,230 -$128,320 $12.30 36
2021 Q2 8,037,399 $93,845,000 +$1,032,062 $11.68 36
2021 Q1 7,922,097 $78,582,890 +$2,912,783 $9.92 36
2020 Q4 7,671,468 $71,487,000 +$1,612,043 $9.32 40
2020 Q3 7,501,403 $54,385,000 -$2,922,528 $7.25 36
2020 Q2 7,903,322 $58,000,000 +$7,126,559 $7.34 27
2020 Q1 6,966,311 $29,326,000 -$422,197 $4.21 26
2019 Q4 7,068,741 $29,616,000 +$201,751 $4.19 25
2019 Q3 6,970,306 $31,145,000 -$223,422 $4.47 26
2019 Q2 7,020,154 $35,650,000 +$565,464 $5.08 27
2019 Q1 6,905,665 $44,197,000 +$481,128 $6.40 24
2018 Q4 6,887,589 $32,072,000 +$648,813 $4.66 20
2018 Q3 6,739,099 $38,815,000 -$450,203 $5.76 22
2018 Q2 6,834,502 $37,450,000 +$660,805 $5.48 21
2018 Q1 6,702,657 $39,165,000 +$619,881 $5.84 23
2017 Q4 6,596,533 $40,634,000 +$862,014 $6.16 23
2017 Q3 6,454,750 $41,825,000 +$4,866,439 $6.48 23
2017 Q2 5,703,982 $30,742,000 -$165,686 $5.39 17
2017 Q1 5,734,719 $30,966,000 +$662,059 $5.40 18
2016 Q4 5,632,139 $33,457,000 +$74,102 $5.94 19
2016 Q3 5,619,946 $26,332,000 +$2,573,106 $4.69 20
2016 Q2 5,069,901 $25,603,000 +$320,338 $5.05 16
2016 Q1 5,006,642 $19,239,000 +$169,104 $3.84 11
2015 Q4 4,961,727 $20,839,170 +$192,686 $4.20 8
2015 Q3 4,921,877 $13,978,000 +$153,196 $2.84 8
2015 Q2 4,871,122 $12,486,000 -$171,383 $2.61 10
2015 Q1 4,943,295 $9,642,000 -$191,950 $1.95 11
2014 Q4 5,037,377 $10,126,677 +$200,556 $2.01 13
2014 Q3 4,937,627 $9,578,298 +$130,426 $1.94 10
2014 Q2 4,870,664 $9,206,000 +$176,826 $1.89 9
2014 Q1 4,772,680 $12,166,000 +$588,273 $2.55 10