$DRCT

$0.91 +$0.00 (0.0%) Close

$DRCT Overview Financial Statements SEC Filings Executives News Red Flags Capital Raising Ownership Insider Transactions Congressional Trades

Ownership

13F as of Q2 2026 · 709.0K shares outstanding

Who owns DRCT?

By type of holder

Institutions 1.1% Insiders 0.0% Everyone else 98.9%

Concentration Top 10 holders own 4064.8%

Smith, Keith 1393.5% · Walker, Mark D. 1362.0%

Institutional ownership

1.1%

-24.3 pts vs last qtr

Institutional holders

-2 vs last qtr

Net shares bought

−171.9K

by institutions in Q2 2026

New / sold out

2 / 4

positions opened vs closed

How is ownership changing?

Institutions, last 8 quarters

Biggest buyers in Q2 2026

Vanguard Capital Management LLC NEW +6.9K
SBI Securities Co., Ltd. NEW +1

Biggest sellers in Q2 2026

Doliver Advisors, LP SOLD OUT −102.6K
Geode Capital Management, LLC SOLD OUT −45.0K

Who is planning to sell?

Notices of proposed sale, last 12 months

$314K

4 notices from 2 people

Shares covered

1.2M

166.78% of the company

Arranged in advance

of the value is under a 10b5-1 plan

Under a 10b5-1 plan No plan

Largest proposed sellers

Keith Smith Officer $210K
Mark Walker Officer $104K

Every notice on Red Flags →

A Form 144 is notice of a planned sale, not the sale itself. What insiders actually sold is on Insider Transactions.

Is your stake being diluted?

Diluted share count, FY2021–FY2025

+49958.8%

+373.01% a year

Each share's claim on the business

−99.8%

shrank without buying or selling a share

Spent on buybacks vs paid in stock

— vs $3.88M

over 5 fiscal years

Diluted shares, split-adjusted

Buybacks Stock-based comp

How patient are the owners?

Institutional shares by how long they've been held

5+ years0% 3–5 years91% 1–3 years0% Under 1 year9%

Quarterly turnover

51.7%

of institutional shares changed hands

Top 10 managers, median time held

3.5 years

Super Investors

Investment managers reporting DRCT on Form 13F

Holder	Shares	% of company	Change vs last qtr	Held since	% of their book
DA Doliver Advisors, LP	—	—	SOLD OUT	—	0.0%
Shares held by quarter Peak holding102.6K (Q1'26) Change over 8 quarters0 Doliver Advisors, LP's full portfolio →
GC Geode Capital Management, LLC	—	—	SOLD OUT	—	0.0%
Shares held by quarter Peak holding53.5K (Q1'25) Change over 8 quarters−34.5K Geode Capital Management, LLC's full portfolio →

Doliver Advisors, LP

—

% of company

—

Change vs last qtr

SOLD OUT

Held since

—

Geode Capital Management, LLC

—

% of company

—

Change vs last qtr

SOLD OUT

Held since

—

9 more super investors behind a free account

See every manager holding Direct Digital Holdings Inc, how their position has changed, and how long they've held it.

Institutional Funds

Mutual funds and ETFs reporting DRCT on Form N-PORT; together they hold 1.6% of the company

Fund	Position value	Shares	% of company	% of the fund	As of
VE Vanguard Extended Market Index Fund Vanguard Index Funds	$18.7K	6.9K	0.97%	0.00%	June 30, 2026
FE Fidelity Extended Market Index Fund Fidelity Concord Street Trust	$9.93K	4.4K	0.62%	0.00%	August 31, 2026

Vanguard Extended Market Index Fund

Vanguard Index Funds

Position value

$18.7K

% of company

0.97%

% of the fund

0.00%

As of

June 30, 2026

Fidelity Extended Market Index Fund

Fidelity Concord Street Trust

Position value

$9.93K

% of company

0.62%

% of the fund

0.00%

As of

August 31, 2026

2 more funds behind a free account

See every fund holding Direct Digital Holdings Inc and how much of the fund the position is.

Insiders and 5%+ holders

From Forms 3/4/5 and Schedules 13D/G

Holder	Shares	% of company	Change vs last qtr	8 quarters	Held since	% of their book
SK Smith, Keith 5%+ holder 13D · 12.6%	9.9M	1393.48%	—	—	—	—
This holder reports through Schedule 13D/G, not a quarterly 13F. Share of the company1393.480% Disclosed stake13D · 12.6% View the 13D/G filing →
WM Walker, Mark D. 5%+ holder 13D · 12.3%	9.7M	1361.97%	—	—	—	—
This holder reports through Schedule 13D/G, not a quarterly 13F. Share of the company1361.970% Disclosed stake13D · 12.3% View the 13D/G filing →

Smith, Keith

5%+ holder13D · 12.6%

9.9M

% of company

1393.48%

Change vs last qtr

—

Held since

—

Walker, Mark D.

5%+ holder13D · 12.3%

9.7M

% of company

1361.97%

Change vs last qtr

—

Held since

—

1 more holders behind a free account

See every insider and 5%+ holder of Direct Digital Holdings Inc.

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