Trekor Metals
181 hedge funds and large institutions have $895M invested in Trekor Metals in 2025 Q4 according to their latest regulatory filings, with 54 funds opening new positions, 57 increasing their positions, 40 reducing their positions, and 19 closing their positions.
280% more call options, than puts
Call options by funds: $22.4M | Put options by funds: $5.88M
184% more first-time investments, than exits
New positions opened: 54 | Existing positions closed: 19
81% more capital invested
Capital invested by funds: $495M → $895M (+$400M)
43% more repeat investments, than reductions
Existing positions increased: 57 | Existing positions reduced: 40
22% more funds holding
Funds holding: 148 → 181 (+33)
7.2% more ownership
Funds ownership: 36.62% → 43.82% (+7.2%)
0% more funds holding in top 10
Funds holding in top 10: 4 → 4 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LC
L1 Capital
Melbourne VIC 3000,
Australia
|
+$52.1M |
| 2 |
Connor, Clark & Lunn Investment Management (CC&L)
Vancouver,
British Columbia, Canada
|
+$17.9M |
| 3 |
MIM
Merewether Investment Management
Dallas,
Texas
|
+$17.3M |
| 4 |
TD Asset Management
Toronto,
Ontario, Canada
|
+$15.2M |
| 5 |
Mackenzie Financial
Toronto Ontario,
Ontario, Canada
|
+$13.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$11.9M |
| 2 |
Renaissance Technologies
New York
|
-$10.2M |
| 3 |
BlackRock
New York
|
-$8.27M |
| 4 |
Diamond Hill Capital Management
Columbus,
Ohio
|
-$5.37M |
| 5 |
AC
Amitell Capital
Singapore
|
-$4.89M |
TGB Hedge Fund Activity: Q4 2025 in Review
181 of the 8,267 institutional investors tracked by Wall St. Rank reported a position in Trekor Metals (TGB) for Q4 2025, worth a combined $895M — up 81% from $495M a quarter earlier.
Buyers outnumbered sellers: 54 funds opened new TGB positions and 19 closed out — a net gain of 35 holders — while 57 added to existing stakes and 40 trimmed.
The largest buyer was L1 Capital, adding an estimated $52.1M. The largest seller was Morgan Stanley, cutting an estimated $11.9M.
- 181 institutional investors held Trekor Metals (TGB) as of Q4 2025, up from 148 in Q3 2025.
- Funds reported $895M of Trekor Metals stock for Q4 2025, up 81% quarter-over-quarter.
- 54 funds opened new Trekor Metals positions in Q4 2025 and 19 closed out, a net change of +35 holders.
- The largest Trekor Metals buyer in Q4 2025 was L1 Capital, an estimated $52.1M added.
- The largest Trekor Metals seller in Q4 2025 was Morgan Stanley, an estimated $11.9M sold.
Based on aggregated 13F filings for Q4 2025.