DLH Holdings Corp. (DLHC) Ownership

NASDAQ: DLHCTop holders, insider trades and short interest.

DLHC ownership summary

as of October 18, 2026
Institutions
70.0%
of shares outstanding
Insiders
15.14%
of shares outstanding
Shares outstanding
14.5M
Float
5.8M
shares available to trade
Short interest
1.03%
66K shares short
Days to cover
4.90
short interest down 4.7% vs prior month
  • Institutions 69.96%
  • Insiders 15.14%
  • Other investors 14.90%

DLHC top institutional holders

20 largest
DLH Holdings Corp. top institutional holders
#Holder% of sharesSharesValueChangeReported
1Wynnefield Capital Inc25.40%3.7M$14.5M—June 30, 2026
2Mink Brook Asset Management LLC19.43%2.8M$11.1M+138,541 (+5.2%)June 30, 2026
3Minerva Advisors LLC7.70%1.1M$4.4M+3,331 (+0.3%)June 30, 2026
4Vanguard Capital Management, LLC3.04%440K$1.7M−1,332 (−0.3%)June 30, 2026
5Merit Financial Group, LLC1.74%252K$997,043+252,416 (0.0%)June 30, 2026
6Dimensional Fund Advisors, Inc.1.71%248K$977,645+340 (+0.1%)June 30, 2026
7RBF LLC1.52%220K$869,000—June 30, 2026
8Renaissance Technologies Corp1.25%182K$718,398−11,691 (−6.0%)June 30, 2026
9Geode Capital Management, LLC0.94%137K$539,696−1,862 (−1.3%)June 30, 2026
10North Star Investment Management Corp0.93%135K$533,250—June 30, 2026
11U.S. Bancorp0.79%115K$452,378—June 30, 2026
12BlackRock Inc0.59%85K$336,753+13,136 (+18.2%)June 30, 2026
13Vanguard Fiduciary Trust Co0.48%70K$274,545+3,561 (+5.4%)June 30, 2026
14State Street Corp0.41%60K$235,456—June 30, 2026
15Fifth Third Bancorp0.35%50K$198,096—June 30, 2026
16Morgan Stanley - Brokerage Accounts0.25%37K$145,743−8,299 (−18.4%)June 30, 2026
17Citadel Advisors Llc0.25%36K$142,532−13,056 (−26.6%)June 30, 2026
18Bridgeway Capital Management, LLC0.24%35K$139,399−13,000 (−26.9%)June 30, 2026
19Northern Trust Corp0.24%34K$135,501−1,924 (−5.3%)June 30, 2026
20Proficio Capital Partners LLC0.21%30K$118,500−8,311 (−21.7%)June 30, 2026

Value at the latest close. Change = shares bought or sold in the latest quarterly filing (13F). In the top 20, 6 holders added 411K shares and 8 cut 59K.

DLHC top mutual fund and ETF holders

20 largest
DLH Holdings Corp. top fund holders
#Holder% of sharesSharesValueChangeReported
1Vanguard MStar Total Stk Mkt Idx Invest2.11%306K$1.2M—August 31, 2026
2Perritt MicroCap Opportunities Investor0.93%135K$533,250−5,000 (−3.6%)December 31, 2025
3North Star Micro Cap I0.93%135K$533,250—September 30, 2026
4DFA US Targeted Value I0.42%61K$240,701+4,678 (+8.3%)August 31, 2026
5Fidelity Extended Market Index0.37%53K$209,650−285 (−0.5%)August 31, 2026
6iShares Micro-Cap ETF0.30%43K$171,541−300 (−0.7%)September 30, 2026
7Dimensional US Targeted Value ETF0.26%38K$151,131—September 30, 2026
8Bridgeway Omni Small-Cap Value N0.24%35K$139,399−3,000 (−7.8%)June 30, 2026
9DFA US Core Equity 2 I0.15%21K$83,104—August 31, 2026
10Fidelity Total Market Index0.14%21K$82,488—August 31, 2026
11DFA US Small Cap Value I0.14%21K$82,346—August 31, 2026
12DFA US Core Equity 1 I0.12%18K$70,160—August 31, 2026
13Fidelity Series Total Market Index0.12%18K$69,765—August 31, 2026
14Dimensional US Small Cap ETF0.10%15K$59,657—September 30, 2026
15DFA US Micro Cap I0.10%14K$56,947—August 31, 2026
16Fidelity Nasdaq Composite Index0.05%7,369$29,108—August 31, 2026
17Goldman Sachs Absolute Ret Trckr Instl0.05%6,802$26,868+1,125 (+19.8%)June 30, 2026
18Dimensional US Small Cap Value ETF0.04%6,287$24,834—September 24, 2026
19Dimensional Global Trgtd Value USD Acc0.04%6,012$23,747—August 31, 2026
20Dimensional VA US Targeted Value0.04%5,758$22,744—August 31, 2026

Funds report holdings monthly or quarterly; dates differ by fund.

DLHC insider transactions

latest 20
DLH Holdings Corp. insider transactions
DateNameTransactionPriceSharesValue
2026-04-07Mink Brook Asset Management LlBuy$5.50196$1,078
2026-02-19Mink Brook Asset Management LlBuy$5.508,048$44,264
2026-02-18Mink Brook Asset Management LlBuy$5.5022,057$121,314
2026-02-17Mink Brook Asset Management LlBuy$5.502,642$14,531
2026-02-13Mink Brook Asset Management LlBuy$5.50319$1,754
2026-02-12Mink Brook Asset Management LlBuy$5.5013,577$74,674
2026-01-08Mink Brook Asset Management LlBuy$5.501,458$8,019
2026-01-07Mink Brook Asset Management LlBuy$5.503,569$19,630
2025-12-18Mink Brook Asset Management LlBuy$5.5078$429
2025-12-17Mink Brook Asset Management LlBuy$5.5044,208$243,144
2025-12-11Mink Brook Asset Management LlBuy$5.50924$5,082
2025-10-20Mink Brook Asset Management LlBuy$5.50202$1,111
2025-10-17Mink Brook Asset Management LlBuy$5.50645$3,548
2025-10-16Mink Brook Asset Management LlBuy$5.50165$908
2025-10-07Mink Brook Asset Management LlBuy$5.5013,176$72,468
2025-10-06Mink Brook Asset Management LlBuy$5.50100$550
2025-09-16Mink Brook Asset Management LlBuy$5.5015,523$85,376
2025-09-15Mink Brook Asset Management LlBuy$5.5074$407
2025-09-12Mink Brook Asset Management LlBuy$5.5016,734$92,037
2025-09-11Mink Brook Asset Management LlBuy$5.50200$1,100

Reported trades by company officers, directors and other filers (including disclosures by members of Congress where EODHD lists them). "—" where the filing gives no share count.

DLHC shares outstanding

Shares outstanding

Year-end shares outstanding, adjusted for splits.

Who owns DLHC

Institutional investors own 70.0% of DLH's shares and insiders 15.14%. The largest holder is Wynnefield Capital Inc with 25.40% of the shares (3.7M), as of June 30, 2026. Among the top 20 institutions, 6 added shares and 8 reduced their stake in the latest filings. Short interest is 1.03% of the float, or 4.90 days of average trading volume. The share count rose 41.1% since 2014.

Related: DLHC analyst forecast, DLHC key metrics. See the DLHC stock overview for the latest quote and news.

DLHC ownership FAQ

Who owns the most DLH stock?

The largest shareholders of DLH are Wynnefield Capital Inc (25.40%), Mink Brook Asset Management LLC (19.43%), Minerva Advisors LLC (7.70%), Vanguard Capital Management, LLC (3.04%), Merit Financial Group, LLC (1.74%).

What percentage of DLH is owned by institutions?

Institutions hold 70.0% of DLH's shares outstanding; insiders hold 15.14%.

Which funds own DLH?

The largest fund holders of DLH are Vanguard MStar Total Stk Mkt Idx Invest (2.11%), Perritt MicroCap Opportunities Investor (0.93%), North Star Micro Cap I (0.93%), DFA US Targeted Value I (0.42%), Fidelity Extended Market Index (0.37%).

What is DLH's short interest?

66K shares of DLH were sold short, 1.03% of the float; at the average daily volume it would take 4.90 days to cover.

Are insiders buying or selling DLH?

Of the latest 20 reported insider transactions in DLH (since September 11, 2025), 20 were purchases and 0 were sales.

How many shares of DLH are outstanding?

DLH has 14.5M shares outstanding, of which 5.8M are in the public float.

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