Mink Brook Asset Management LLC has significantly increased its stake in DLH Holdings Corp. to 19.9%, according to a recent filing with the SEC. This move marks a notable shift in ownership, as Mink Brook now holds a substantial share of the company, which could impact its strategic direction and market position.

DLH Holdings Corp., classified under the services-help supply services category, operates in a competitive environment where strategic ownership can influence operational decisions and market dynamics. The increase in stake by Mink Brook highlights its commitment to the company and may lead to more active involvement in its governance.

Background

Mink Brook Asset Management LLC, incorporated in Delaware, is an investment management firm that focuses on various asset classes. The firm filed its recent Schedule 13G/A on October 27, 2026, reflecting its growing influence in the market. DLH Holdings Corp., which is based in Atlanta, Georgia, is a provider of technology and consulting services, and has undergone several name changes in its history, previously known as TeamStaff Inc. and Digital Solutions Inc.

What the Filing Says

The filing indicates that Mink Brook Partners LP, one of the reporting entities, holds 1,988,583 shares, while Mink Brook Opportunity Fund LP owns 893,421 shares. The filing states, "The percentage reported in Row 11 is calculated based on 14,493,035 shares of Common Stock outstanding as of 7/29/26, as disclosed in DLH Holdings Corp.'s Form 10-Q." This gives Mink Brook a significant presence in DLH Holdings, with a combined total of 2,882,004 shares across its entities.

Impact

This increase in ownership may affect various stakeholders, including DLH Holdings' management, employees, and other shareholders. With Mink Brook now controlling nearly 20% of the company's shares, it may push for changes that align with its investment strategy, potentially impacting the company's operational direction and governance.

What's Next

The filing does not say what happens next. However, with such a significant stake, it is likely that Mink Brook will continue to monitor its investment closely and may take further actions to influence the company's strategy.

Source: SEC Filing Accession Number 0001628280-26-067651