BCM
TMQ

Bornite Capital Management’s Trilogy Metals TMQ Stock Holding History

Bornite Capital Management’s Portfolio TMQ Stock Details TMQ Fund Activity
Bought
Maintained
Sold
Quarter Market Value Status Shares Change in
Stake 		Trade Value Portfolio Weight Portfolio Position
2025
Q4 		– Sell
-1,000,000
Closed -$2.1M – 48
2025
Q3 		$2.1M Hold
1,000,000
– – 0.2% 35
2025
Q2 		$1.35M Hold
1,000,000
– – 0.14% 34
2025
Q1 		$1.55M Buy
1,000,000
+300,000
+43% +$413K 0.4% 21
2024
Q4 		$812K Buy
+700,000
New +$630K 0.11% 35

Other funds holding TMQ

EG
Electrum Group New York $3.39B AUM
TI
Tidal Investments Milwaukee, Wisconsin $57.8B AUM 72.54% 1-Year Est. Return
TCMG
TSP Capital Management Group Summit, New Jersey $418M AUM 68.45% 1-Year Est. Return
OWIM
Old West Investment Management Los Angeles, California $944M AUM 90.26% 1-Year Est. Return
GRA
Goehring & Rozencwajg Associates New York $1.74B AUM 48.6% 1-Year Est. Return
Jane Street
Jane Street New York $1.21T AUM 78.12% 1-Year Est. Return
Envestnet Asset Management
Envestnet Asset Management Chicago, Illinois $424B AUM 22.96% 1-Year Est. Return
AA
ALPS Advisors Denver, Colorado $21.3B AUM 23.41% 1-Year Est. Return
Susquehanna International Group
Susquehanna International Group Bala Cynwyd, Pennsylvania $1.28T AUM 58.89% 1-Year Est. Return
Bank of America
Bank of America Charlotte, North Carolina $1.55T AUM 33.47% 1-Year Est. Return

Bornite Capital Management's TMQ Position: Q4 2025 in Review

Bornite Capital Management sold out of Trilogy Metals (TMQ) in Q4 2025, closing a stake of 1,000,000 shares — an estimated $2.1M sold.

Bornite Capital Management first reported a position in TMQ in Q4 2024 and held it in 4 quarters. The position peaked at $2.1M in Q3 2025. 124 funds tracked by Wall St. Rank hold TMQ as of Q4 2025.

  • Bornite Capital Management reported no remaining Trilogy Metals position as of Q4 2025 after selling out during the quarter.
  • Bornite Capital Management sold 1,000,000 Trilogy Metals shares in Q4 2025, an estimated $2.1M.
  • Bornite Capital Management first reported a position in Trilogy Metals in Q4 2024 and held it in 4 quarters.
  • Bornite Capital Management's Trilogy Metals position peaked at $2.1M in Q3 2025.
  • 124 funds tracked by Wall St. Rank held Trilogy Metals as of Q4 2025.

Based on Bornite Capital Management's 13F filing for Q4 2025, filed 13 Feb 2026.