Triple Flag Precious Metals
TFPM
230 hedge funds and large institutions have $6.08B invested in Triple Flag Precious Metals in 2026 Q1 according to their latest regulatory filings, with 42 funds opening new positions, 88 increasing their positions, 62 reducing their positions, and 31 closing their positions.
42% more repeat investments, than reductions
Existing positions increased: 88 | Existing positions reduced: 62
35% more first-time investments, than exits
New positions opened: 42 | Existing positions closed: 31
27% more call options, than puts
Call options by funds: $10.9M | Put options by funds: $8.57M
4% more funds holding
Funds holding: 222 → 230 (+8)
3% more capital invested
Capital invested by funds: $5.89B → $6.08B (+$188M)
1.02% less ownership
Funds ownership: 85.81% → 84.78% (-1%)
20% less funds holding in top 10
Funds holding in top 10: 5 → 4 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
+$32.1M |
| 2 |
Two Sigma Investments
New York
|
+$26M |
| 3 |
DMIC
Dixon Mitchell Investment Counsel
Vancouver,
British Columbia, Canada
|
+$24.3M |
| 4 |
MFGM
Marshall Financial Group (Maryland)
Hunt Valley,
Maryland
|
+$8.37M |
| 5 |
Connor, Clark & Lunn Investment Management (CC&L)
Vancouver,
British Columbia, Canada
|
+$7.89M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$53.6M |
| 2 |
Ninety One (UK)
London,
United Kingdom
|
-$24.4M |
| 3 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$22.5M |
| 4 |
EIM
Elliott Investment Management
West Palm Beach,
Florida
|
-$20.5M |
| 5 |
Neuberger Berman Group
New York
|
-$9.45M |
TFPM Hedge Fund Activity: Q1 2026 in Review
230 of the 8,126 institutional investors tracked by Wall St. Rank reported a position in Triple Flag Precious Metals (TFPM) for Q1 2026, worth a combined $6.08B — up 3.2% from $5.89B a quarter earlier.
Buyers outnumbered sellers: 42 funds opened new TFPM positions and 31 closed out — a net gain of 11 holders — while 88 added to existing stakes and 62 trimmed.
The largest buyer was Invesco, adding an estimated $32.1M. The largest seller was Fidelity Investments, cutting an estimated $53.6M.
- 230 institutional investors held Triple Flag Precious Metals (TFPM) as of Q1 2026, up from 222 in Q4 2025.
- Funds reported $6.08B of Triple Flag Precious Metals stock for Q1 2026, up 3.2% quarter-over-quarter.
- 42 funds opened new Triple Flag Precious Metals positions in Q1 2026 and 31 closed out, a net change of +11 holders.
- The largest Triple Flag Precious Metals buyer in Q1 2026 was Invesco, an estimated $32.1M added.
- The largest Triple Flag Precious Metals seller in Q1 2026 was Fidelity Investments, an estimated $53.6M sold.
Based on aggregated 13F filings for Q1 2026.