DLH Holdings Corp (DLHC) Ownership

Institutions
Mutual Funds

Institutional Ownership

Wynnefield Capital Inc is the biggest individual institutional holder of DLH Holdings Corp (DLHC), owning a total of 3.7 million shares. Combined, the top 36 institutional holders of DLHC own 77.91% of the company with a total of 11.2 million shares.

In the latest ownership report on December 31st 2024, the top 36 institutional holders increased their combined ownership of DLHC by 1.7 million shares. 11 institutions bought 1,781,602 total additional shares and increased their ownership by an average of 58.63%. However 5 institutions sold 61,387 total shares and decreased their ownership by an average of 9.87%.

Overall this is a positive sign as the number of shares owned by the top 20 institutional holders of DLH Holdings Corp increased by a net total of 1,720,215 in the latest quarter.

Institution Ownership Chart

Latest Institutional Ownership Changes

Owner	Percent Owned	Percent Change	Shares Owned	Share Change	Date Reported
Wynnefield Capital Inc	25.590%	0.000%	3,681,421	0	2024-12-31
Mink Brook Asset Management LLC	9.514%	0.000%	1,368,788	1,368,788	2024-12-31
Minerva Advisors LLC	5.892%	33.190%	847,592	211,215	2024-12-31
Punch & Associates Inv Mgmt Inc	3.918%	-0.608%	563,652	-3,448	2024-12-31
Vanguard Group Inc	3.838%	-2.372%	552,172	-13,416	2024-12-31
BlackRock Inc	3.181%	19.949%	457,677	76,118	2024-12-31
Renaissance Technologies Corp	1.877%	2.661%	270,068	7,000	2024-12-31
Dimensional Fund Advisors, Inc.	1.869%	4.233%	268,930	10,921	2024-12-31
Geode Capital Management, LLC	1.561%	-0.908%	224,561	-2,057	2024-12-31
Perritt Capital Management Inc.	1.507%	-0.664%	216,850	-1,449	2024-12-31
State Street Corp	0.781%	0.844%	112,387	940	2024-12-31
Albert D Mason Inc	0.720%	10.706%	103,575	10,016	2024-12-31
Victory Capital Management Inc.	0.667%	0.000%	95,935	0	2024-12-31
Bridgeway Capital Management, LLC	0.645%	0.000%	92,811	0	2024-12-31
Northern Trust Corp	0.579%	1.883%	83,310	1,540	2024-12-31
GlobeFlex Capital, L.P.	0.527%	0.000%	75,833	0	2024-12-31
Millennium Management LLC	0.485%	313.380%	69,733	52,864	2024-12-31
Goldman Sachs Group Inc	0.405%	257.711%	58,289	41,994	2024-12-31
HPM Partners LLC	0.357%	0.403%	51,369	206	2024-12-31
Acadian Asset Management LLC	0.351%	-44.819%	50,501	-41,017	2024-12-31

Top Institutions

Owner	Percent Owned	Percent Change	Shares Owned	Share Change	Date Reported
Wynnefield Capital Inc	25.590%	0.000%	3,681,421	0	2024-12-31
Mink Brook Asset Management LLC	9.514%	0.000%	1,368,788	1,368,788	2024-12-31
Minerva Advisors LLC	5.892%	33.190%	847,592	211,215	2024-12-31
Punch & Associates Inv Mgmt Inc	3.918%	-0.608%	563,652	-3,448	2024-12-31
Vanguard Group Inc	3.838%	-2.372%	552,172	-13,416	2024-12-31
Wasatch Advisors Inc.	3.852%	9.567%	548,217	47,866	2023-12-31
BlackRock Inc	3.181%	19.949%	457,677	76,118	2024-12-31
Wasatch Advisors LP	2.862%	0.000%	411,740	0	2024-09-30
Renaissance Technologies Corp	1.877%	2.661%	270,068	7,000	2024-12-31
Dimensional Fund Advisors, Inc.	1.869%	4.233%	268,930	10,921	2024-12-31
Geode Capital Management, LLC	1.561%	-0.908%	224,561	-2,057	2024-12-31
Perritt Capital Management Inc.	1.507%	-0.664%	216,850	-1,449	2024-12-31
State Street Corp	0.781%	0.844%	112,387	940	2024-12-31
Essex Investment Management Company, LLC	0.725%	-38.080%	104,336	-64,165	2024-09-30
Albert D Mason Inc	0.720%	10.706%	103,575	10,016	2024-12-31
Susquehanna International Group, LLP	0.688%	67.219%	97,537	39,208	2024-03-31
Hillsdale Investment Management Inc.	0.697%	-0.462%	96,864	-450	2023-03-31
Victory Capital Management Inc.	0.667%	0.000%	95,935	0	2024-12-31
Bridgeway Capital Management, LLC	0.645%	0.000%	92,811	0	2024-12-31
Ancora Advisors LLC	0.631%	-42.189%	90,840	-66,292	2024-09-30
Cove Street Capital, LLC	0.629%	-6.456%	90,454	-6,243	2024-09-30
Northern Trust Corp	0.579%	1.883%	83,310	1,540	2024-12-31
United Capital Financial Advisers Inc	0.571%	0.000%	81,000	0	2024-03-31
GlobeFlex Capital, L.P.	0.527%	0.000%	75,833	0	2024-12-31
Citadel Advisors Llc	0.525%	942.292%	74,503	67,355	2024-06-30
Millennium Management LLC	0.485%	313.380%	69,733	52,864	2024-12-31
Goldman Sachs Group Inc	0.405%	257.711%	58,289	41,994	2024-12-31
Legato Capital Management LLC	0.409%	48.026%	57,973	18,809	2024-06-30
HPM Partners LLC	0.357%	0.403%	51,369	206	2024-12-31
Acadian Asset Management LLC	0.351%	-44.819%	50,501	-41,017	2024-12-31
Royal Bank of Canada	0.352%	-17.862%	49,846	-10,840	2024-06-30
Jacobs Levy Equity Management, Inc.	0.361%	0.000%	49,792	0	2022-12-31
Marshall Wace Asset Management Ltd	0.378%	-20.503%	49,021	-12,643	2022-06-30
Navellier & Associates Inc	0.339%	-3.432%	46,738	-1,661	2022-12-31
White Pine Capital LLC	0.322%	-0.307%	45,861	-141	2023-12-31
WEALTH EFFECTS LLC	0.305%	0.000%	43,400	0	2023-09-30

Mutual Fund Ownership

Wasatch Micro Cap is the biggest individual fund holder of DLH Holdings Corp (DLHC), owning a total of 409 thousand shares. Combined, the top 46 mutual fund holders of DLHC own 22.48% of the company with a total of 3.2 million shares.

In the latest ownership report on February 28th 2025, the top 46 fund holders increased their combined ownership of DLHC by 2 thousand shares. 1 funds bought 889 total additional shares and increased their ownership by an average of 2.35%. However 3 funds sold 2,494 total shares and decreased their ownership by an average of 0.68%.

Overall this is a negative sign as the number of shares owned by the top 20 mutual funds holding DLH Holdings Corp decreased by a net total of -1,605 in the latest report.

Mutual Funds Chart

Latest Mutual Fund Ownership Changes

Owner	Percent Owned	Percent Change	Shares Owned	Share Change	Date Reported
Vanguard Total Stock Mkt Idx Inv	2.172%	0.000%	312,420	0	2025-02-28
iShares Russell 2000 ETF	1.204%	-1.166%	173,262	-2,044	2025-02-28
Vanguard Institutional Extnd Mkt Idx Tr	1.164%	0.000%	167,461	0	2025-02-28
iShares Russell 2000 Value ETF	0.380%	-0.759%	54,636	-418	2025-02-28
State St Russell Sm Cap® Indx SL Cl I	0.288%	0.000%	41,400	0	2025-02-28
Vanguard Russell 2000 ETF	0.269%	2.354%	38,659	889	2025-02-28
Dimensional US Targeted Value ETF	0.266%	0.000%	38,261	0	2025-02-28
iShares Russell 2000 Growth ETF	0.186%	-0.120%	26,700	-32	2025-02-28

Top Mutual Funds

Owner	Percent Owned	Percent Change	Shares Owned	Share Change	Date Reported
Wasatch Micro Cap	2.844%	0.000%	409,181	0	2024-09-30
Vanguard Instl Ttl Stck Mkt Idx Tr	2.352%	11.894%	326,878	34,746	2023-03-31
Vanguard Total Stock Mkt Idx Inv	2.172%	0.000%	312,420	0	2025-02-28
Perritt MicroCap Opportunities Investor	1.227%	22.569%	176,500	32,500	2024-12-31
iShares Russell 2000 ETF	1.204%	-1.166%	173,262	-2,044	2025-02-28
Vanguard Institutional Extnd Mkt Idx Tr	1.164%	0.000%	167,461	0	2025-02-28
Vanguard Extended Market Index Investor	1.058%	4.630%	147,038	6,506	2023-08-31
Ancora/Thelen Small Mid Cap Core	0.901%	0.000%	122,332	122,332	2022-03-31
Hillsdale US Small Cap Eq Fund Srs A U$	0.663%	28.568%	90,008	20,000	2022-03-31
Walthausen & Co Micro Cap Value Comp	0.637%	-33.373%	87,628	-43,892	2022-06-30
Fidelity Small Cap Index	0.559%	0.000%	80,451	0	2024-12-31
Bridgeway Ultra-Small Company	0.483%	-9.620%	69,520	-7,400	2024-12-31
Fidelity Extended Market Index	0.457%	-1.496%	65,779	-999	2025-01-31
Fidelity® Extended Market Index	0.447%	0.000%	62,939	0	2023-11-30
iShares Russell 2000 Value ETF	0.380%	-0.759%	54,636	-418	2025-02-28
DFA US Targeted Value I	0.376%	0.000%	54,086	0	2025-01-31
Ancora/Thelen Small Cap Core	0.297%	-47.972%	42,738	-39,406	2024-12-31
State St Russell Sm Cap® Indx SL Cl I	0.288%	0.000%	41,400	0	2025-02-28
Russell Inv Small Cap Fund B	0.287%	0.000%	41,278	0	2024-11-30
Vanguard Russell 2000 ETF	0.269%	2.354%	38,659	889	2025-02-28
Dimensional US Targeted Value ETF	0.266%	0.000%	38,261	0	2025-02-28
Cove Street Capital Small Cap Val Instl	0.252%	0.000%	36,218	0	2024-09-30
Perritt Ultra MicroCap	0.226%	0.000%	32,500	0	2024-06-30
Cove Classic Value Small Cap	0.224%	0.000%	32,249	0	2024-09-30
1290 Essex Small Cap Growth I	0.223%	0.695%	31,604	218	2024-08-31
THB Micro Cap	0.196%	0.000%	28,120	0	2024-12-31
iShares Russell 2000 Growth ETF	0.186%	-0.120%	26,700	-32	2025-02-28
Pleiades Small Cap Equity A	0.174%	48.346%	24,802	8,083	2024-06-30
Nationwide Bailard Cogntv Val M	0.172%	0.000%	24,500	24,500	2024-05-31
BlackRock Extended Mkt Composite	0.170%	0.000%	24,122	0	2023-09-30
Bridgeway Omni Small-Cap Value N	0.162%	46.567%	23,291	7,400	2024-12-31
Bridgeway Omni Small-Cap Value	0.162%	46.567%	23,291	7,400	2024-12-31
VT De Lisle America B USD	0.162%	0.000%	23,045	0	2024-06-30
Russell Inv Small Cap	0.159%	-44.741%	22,810	-18,468	2024-12-31
NT R2000 Index Fund - NL	0.154%	0.059%	22,161	13	2024-12-31
Fidelity Total Market Index	0.150%	-0.145%	21,341	-31	2024-05-31
DFA US Small Cap Value I	0.150%	0.000%	21,323	0	2024-05-31
BlackRock Extended Equity Market K	0.148%	0.038%	21,052	8	2024-03-31
DFA US Core Equity 2 I	0.148%	0.000%	21,039	0	2024-04-30
DFA US Small Cap I	0.151%	0.000%	20,826	0	2023-04-30
iShares Micro-Cap ETF	0.147%	4.793%	20,266	927	2023-06-21
DFA US Micro Cap I	0.140%	0.000%	19,452	0	2023-08-31
Gabelli Health & Wellness	0.134%	0.000%	19,084	0	2023-09-30
Fidelity® Total Market Index	0.130%	0.000%	18,283	0	2023-11-30
DFA US Core Equity 1 I	0.123%	0.000%	17,566	0	2024-01-31
Fidelity Series Total Market Index	0.114%	0.000%	16,211	0	2024-02-29