$DRK

$1.94 -$0.02 (1.02%) Close

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

Ownership

13F as of Q2 2026 · 8.7M shares outstanding

Who owns DRK?

By type of holder

Institutions 100.0% Insiders 0.0% Everyone else 0.0%

Concentration Top 10 holders own 201.2%

Alpha Wave Global, LP 42.6% · Commodore Capital LP 31.3%

Institutional ownership

100.0%

0 pts vs last qtr

Institutional holders

126

+10 vs last qtr

Net shares bought

+2.8M

by institutions in Q2 2026

New / sold out

34 / 24

positions opened vs closed

How is ownership changing?

Institutions, last 8 quarters

Biggest buyers in Q2 2026

BlackRock, Inc. +1.5M
Adage Capital Partners GP, L.L.C. +1.2M

Biggest sellers in Q2 2026

Vestal Point Capital, LP −1.3M
Perceptive Advisors LLC −400.0K

Who is planning to sell?

Notices of proposed sale, last 12 months

$304K

4 notices from 2 people

Shares covered

177.2K

2.04% 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

Kurt Le Roy Kalbfleisch Officer $239K
Reppas Tiah Norton Officer $64.6K

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, FY2022–FY2025

+177.0%

+40.44% a year

Each share's claim on the business

−63.9%

shrank without buying or selling a share

Spent on buybacks vs paid in stock

— vs $14.6M

over 4 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 years1% 1–3 years58% Under 1 year42%

Quarterly turnover

19.8%

of institutional shares changed hands

Top 10 managers, median time held

1.5 years

Super Investors

Investment managers reporting DRK on Form 13F

Holder	Shares	% of company	Change vs last qtr	Held since	% of their book
AW Alpha Wave Global, LP	3.7M	42.59%	Unchanged	2024	1.6%
Shares held by quarter Peak holding3.7M (Q3'24) Change over 8 quarters0 Share of the company42.590% Alpha Wave Global, LP's full portfolio →
CC Commodore Capital LP	2.7M	31.28%	Unchanged	Q4 '25	4.3%
Shares held by quarter Peak holding2.7M (Q1'26) Change over 8 quarters+2.7M Share of the company31.280% Commodore Capital LP's full portfolio →

Alpha Wave Global, LP

3.7M

% of company

42.59%

Change vs last qtr

Unchanged

Held since

2024

Commodore Capital LP

2.7M

% of company

31.28%

Change vs last qtr

Unchanged

Held since

Q4 '25

28 more super investors behind a free account

See every manager holding Darkhorse Technologies Inc, how their position has changed, and how long they've held it.

Institutional Funds

Mutual funds and ETFs reporting DRK on Form N-PORT; together they hold 52.8% of the company

Fund	Position value	Shares	% of company	% of the fund	As of
VT Vanguard Total Stock Market Index Fund Vanguard Index Funds	$26.7M	1.0M	11.62%	0.00%	June 30, 2026
IR iShares Russell 2000 ETF iShares Trust	$17.5M	663.4K	7.62%	0.02%	June 30, 2026

Vanguard Total Stock Market Index Fund

Vanguard Index Funds

Position value

$26.7M

% of company

11.62%

% of the fund

0.00%

As of

June 30, 2026

iShares Russell 2000 ETF

iShares Trust

Position value

$17.5M

% of company

7.62%

% of the fund

0.02%

As of

June 30, 2026

23 more funds behind a free account

See every fund holding Darkhorse Technologies 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
JB Joel Block 5%+ holder 13D · 7.6%	821.1K	9.43%	—	—	—	—
This holder reports through Schedule 13D/G, not a quarterly 13F. Share of the company9.430% Disclosed stake13D · 7.6% View the 13D/G filing →
KK Kalbfleisch Kurt L. Insider	443.4K	5.09%	—	—	—	—
Insider holdings come from Form 3/4/5 filings, which are not quarterly. Share of the company5.090% Kalbfleisch Kurt L.'s insider activity →

Joel Block

5%+ holder13D · 7.6%

821.1K

% of company

9.43%

Change vs last qtr

—

Held since

—

Kalbfleisch Kurt L.

Insider

443.4K

% of company

5.09%

Change vs last qtr

—

Held since

—

8 more holders behind a free account

See every insider and 5%+ holder of Darkhorse Technologies Inc.

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