DT

DTM DT MIDSTREAM INC

2026Q2 · CUSIP 23345M107 · Sector: Energy

Piling in

Net holder growth ranks near the top of the market

Funds that own it
708
Institutions that reported holding it to the SEC
Net increase in holders
+30
Last quarter 678 → now 708
How unusual is that
Top 20%
Stronger buying than 85% of US stocks
What the filings say, in one paragraph

708 funds held DTM at the end of 2026Q2, up 30 from the quarter before. That is stronger buying than 84.7% of US stocks — among the most piled-into names this quarter. On the business itself, revenue over the last 12 months was $1.3B(YoY +18.1%), the P/E is 27.8x, return on equity is 9.8%. DTM has had 11 buying rushes in its history, and the price moved +13.7% on average over the six months after (that is the raw price move, not how much it beat the market by). It sits in the Energy sector.

How many funds owned it, quarter by quarter

Bars = net change in institutional holders, positive (green) or negative (red). Line = total institutional holders.

2021Q3: holders=377 2021Q4: holders=400 2022Q1: holders=385 2022Q2: holders=400 2022Q3: holders=399 2022Q4: holders=432 2023Q1: holders=414 2023Q2: holders=401 2023Q3: holders=393 2023Q4: holders=427 2024Q1: holders=460 2024Q2: holders=471 2024Q3: holders=492 2024Q4: holders=576 2025Q1: holders=596 2025Q2: holders=602 2025Q3: holders=601 2025Q4: holders=643 2026Q1: holders=678 2026Q2: holders=708 -349 -174.5 +0 +174.5 +349 339542744 21Q322Q122Q323Q123Q324Q124Q325Q125Q326Q126Q2 Net change in holders (bars) Total funds holding (line)

What happened after each past buying rush 11 times in its history

Quarter of the rush How unusual then Price, next 3 months Price, next 6 months
2026Q2 Top 20% — —
2026Q1 Top 10% -10.4% —
2025Q4 Top 20% +13.1% -3.0%
2025Q1 Top 20% -0.8% +12.5%
2024Q4 Top 5% +4.7% +3.5%
2024Q3 Top 20% -2.7% +1.7%
2024Q1 Top 10% +14.7% +53.8%
2023Q4 Top 20% +23.8% +42.1%

These are the raw price moves, not how much it beat the market by. Compare them against the market over the same months — in a strong bull market almost everything is up.

Show all the numbers (large funds, value held, options…) ▾
Of them, large funds
243
Change in large funds
+18
Total value they hold
$13.0B
Funds buying for the first time
87
Funds that sold out entirely
57
Price change that quarter
-8.7%
Funds holding puts (bearish)
1
Funds holding calls (bullish)
4

These are for people who want to dig. Skip them if they do not mean anything to you — the three numbers above are enough.

Fundamentals

PE (TTM)
27.8
EPS (TTM)
$4.56
EPS YoY
+22.3%
Revenue (TTM)
$1.3B
Revenue YoY
+18.1%
Net margin
35.7%
ROE
9.8%
Debt ratio
51.8%
FCF (TTM)
$480M
Dividend (TTM)
$3.40
Quarterly Revenue & EPS
2022-09-30: EPS 1.16 2022-12-31: EPS 0.88 2023-03-31: EPS 0.84 2023-06-30: EPS 0.93 2023-09-30: EPS 0.94 2023-12-31: EPS 1.23 2024-03-31: EPS 0.99 2024-06-30: EPS 0.98 2024-09-30: EPS 0.90 2024-12-31: EPS 0.73 2025-03-31: EPS 1.06 2025-06-30: EPS 1.04 2025-09-30: EPS 1.13 2025-12-31: EPS 1.07 2026-03-31: EPS 1.27 2026-06-30: EPS 1.09 0M 172M 343M $M 0.00 0.70 1.40 202020212022202320242025202606/26 Revenue EPS

Quarterly figures, revenue up to 10 years back; EPS split-adjusted, early quarters hidden when not calibrable

P/E (TTM) over time
4Y median 27 11 23 34 2023202420252026

P/E = close around day 47 after quarter-end ÷ TTM EPS then; this is a consistent valuation date, not the company’s actual filing date; loss quarters hidden

Quarterly free cash flow
-48M83M214M 2020202120222023202420252026
Latest quarter $202M (2026-03-31)

FCF = operating cash flow − capex, computed from SEC XBRL; banks/insurers have no standard cash-flow structure and are hidden

As of 2026-06-30 · SEC filings (XBRL)

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2026 Q3 holdings are due 2026-11-16. We will email you when the refreshed lists are live.