Paulson & Co’s Trilogy Metals TMQ Stock Holding History

Paulson & Co’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	-14,326,996	Closed	-$30.1M	–	11
2025 Q3	$30.1M	Hold	14,326,996	–	–	1.01%	10
2025 Q2	$19.3M	Hold	14,326,996	–	–	0.96%	11
2025 Q1	$22.2M	Hold	14,326,996	–	–	1.27%	11
2024 Q4	$16.6M	Hold	14,326,996	–	–	1.01%	10
2024 Q3	$6.93M	Hold	14,326,996	–	–	0.49%	14
2024 Q2	$7.29M	Hold	14,326,996	–	–	0.54%	12
2024 Q1	$7.16M	Hold	14,326,996	–	–	0.49%	13
2023 Q4	$6.16M	Hold	14,326,996	–	–	0.56%	14
2023 Q3	$7.02M	Hold	14,326,996	–	–	0.63%	15
2023 Q2	$8.5M	Hold	14,326,996	–	–	0.83%	15
2023 Q1	$7.64M	Hold	14,326,996	–	–	0.63%	17
2022 Q4	$7.88M	Hold	14,326,996	–	–	0.71%	18
2022 Q3	$8.69M	Hold	14,326,996	–	–	0.64%	22
2022 Q2	$10.8M	Hold	14,326,996	–	–	0.53%	25
2022 Q1	$15M	Hold	14,326,996	–	–	0.46%	26
2021 Q4	$23.6M	Hold	14,326,996	–	–	0.73%	26
2021 Q3	$26.5M	Hold	14,326,996	–	–	0.76%	25
2021 Q2	$36M	Hold	14,326,996	–	–	0.86%	27
2021 Q1	$30.7M	Hold	14,326,996	–	–	0.7%	24
2020 Q4	$28.7M	Hold	14,326,996	–	–	0.74%	21
2020 Q3	$25.6M	Hold	14,326,996	–	–	0.8%	20
2020 Q2	$28.7M	Hold	14,326,996	–	–	0.92%	19
2020 Q1	$19.5M	Hold	14,326,996	–	–	0.74%	22
2019 Q4	$37.3M	Hold	14,326,996	–	–	0.8%	19
2019 Q3	$23.8M	Hold	14,326,996	–	–	0.48%	32
2019 Q2	$42.3M	Buy	14,326,996 +2,760,870	+24%	+$7.3M	0.72%	27
2019 Q1	$28.5M	Hold	11,566,126	–	–	0.6%	27
2018 Q4	$20M	Hold	11,566,126	–	–	0.48%	33
2018 Q3	$23.1M	Hold	11,566,126	–	–	0.43%	34
2018 Q2	$20.6M	Hold	11,566,126	–	–	0.42%	38
2018 Q1	$14.7M	Hold	11,566,126	–	–	0.32%	38
2017 Q4	$12.6M	Hold	11,566,126	–	–	0.25%	44
2017 Q3	$10.9M	Hold	11,566,126	–	–	0.2%	42
2017 Q2	$7.34M	Sell	11,566,126 -18,247	-0.2%	-$12K	0.1%	73
2017 Q1	$6.37M	Sell	11,584,373 -18,805	-0.2%	-$9.41K	0.08%	66
2016 Q4	$5.88M	Sell	11,603,178 -9,100	-0.1%	-$4.65K	0.07%	76
2016 Q3	$6.36M	Sell	11,612,278 -11,173	-0.1%	-$6.43K	0.07%	66
2016 Q2	$5.81M	Sell	11,623,451 -199,568	-2%	-$104K	0.06%	62
2016 Q1	$4.49M	Sell	11,823,019 -12,300	-0.1%	-$3.77K	0.03%	71
2015 Q4	$3.35M	Hold	11,835,319	–	–	0.02%	61
2015 Q3	$4.38M	Hold	11,835,319	–	–	0.02%	60
2015 Q2	$5.92M	Buy	11,835,319 +3,107,940	+36%	+$1.8M	0.03%	57
2015 Q1	$5.38M	Hold	8,727,379	–	–	0.03%	56
2014 Q4	$4.36M	Sell	8,727,379 -23,400	-0.3%	-$16K	0.02%	61
2014 Q3	$8.2M	Buy	8,750,779 +2,838,070	+48%	+$3.01M	0.03%	70
2014 Q2	$6.45M	Hold	5,912,709	–	–	0.03%	78
2014 Q1	$7.98M	Hold	5,912,709	–	–	0.04%	76
2013 Q4	$8.99M	Hold	5,912,709	–	–	0.04%	81
2013 Q3	$11.2M	Hold	5,912,709	–	–	0.07%	79
2013 Q2	$10.3M	Buy	+5,912,709	New	+$10.8M	0.07%	78

Other funds holding TMQ

Electrum Group New York $1.08B AUM

Tidal Investments Milwaukee, Wisconsin $47.4B AUM 59.58% 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 $923M AUM 112.31% 1-Year Est. Return

GRA

Goehring & Rozencwajg Associates New York $1.74B AUM 48.6% 1-Year Est. Return

Jane Street New York $777B AUM 61.18% 1-Year Est. Return

Envestnet Asset Management Chicago, Illinois $424B AUM 22.96% 1-Year Est. Return

ALPS Advisors Denver, Colorado $21.3B AUM 23.41% 1-Year Est. Return

Susquehanna International Group Bala Cynwyd, Pennsylvania $893B AUM 36.07% 1-Year Est. Return

Bank of America Charlotte, North Carolina $1.37T AUM 24.88% 1-Year Est. Return

Paulson & Co's TMQ Position: Q4 2025 in Review

Paulson & Co sold out of Trilogy Metals (TMQ) in Q4 2025, closing a stake of 14,326,996 shares — an estimated $30.1M sold.

Paulson & Co first reported a position in TMQ in Q2 2013 and held it in 50 quarters. The position peaked at $42.3M in Q2 2019. 124 funds tracked by Wall St. Rank hold TMQ as of Q4 2025.

Paulson & Co reported no remaining Trilogy Metals position as of Q4 2025 after selling out during the quarter.
Paulson & Co sold 14,326,996 Trilogy Metals shares in Q4 2025, an estimated $30.1M.
Paulson & Co first reported a position in Trilogy Metals in Q2 2013 and held it in 50 quarters.
Paulson & Co's Trilogy Metals position peaked at $42.3M in Q2 2019.
124 funds tracked by Wall St. Rank held Trilogy Metals as of Q4 2025.

Based on Paulson & Co's 13F filing for Q4 2025, filed 17 Feb 2026.