TMC The Metals Company
45 hedge funds and large institutions have $43.1M invested in TMC The Metals Company in 2021 Q3 according to their latest regulatory filings, with 27 funds opening new positions, 7 increasing their positions, 8 reducing their positions, and 59 closing their positions.
13% more call options, than puts
Call options by funds: $21.7M | Put options by funds: $19.1M
4.2% more ownership
Funds ownership: 0% → 4.2% (+4.2%)
13% less repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 8
42% less funds holding
Funds holding: 77 → 45 (-32)
54% less first-time investments, than exits
New positions opened: 27 | Existing positions closed: 59
79% less capital invested
Capital invested by funds: $210M → $43.1M (-$167M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SAM
Storebrand Asset Management
Lysaker,
Norway
|
+$18.2M |
| 2 |
LC
Loews Corp
New York
|
+$14.8M |
| 3 |
ARCM
Asia Research & Capital Management
Hong Kong
|
+$14.3M |
| 4 |
NCM
Nantahala Capital Management
New Canaan,
Connecticut
|
+$6.69M |
| 5 |
Jane Street
New York
|
+$4.92M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HCM
Highbridge Capital Management
New York
|
-$23.1M |
| 2 |
Millennium Management
New York
|
-$12.7M |
| 3 |
BCM
Beryl Capital Management
Redondo Beach,
California
|
-$10.2M |
| 4 |
AC
Athanor Capital
New York
|
-$9.76M |
| 5 |
LA
Linden Advisors
New York
|
-$9.22M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
101
Verition Fund Management
Greenwich,
Connecticut
| – | -$112K | -11,250 | Closed |
|
|
NAM
102
Nexpoint Asset Management
Dallas,
Texas
| – | -$100K | -10,000 | Closed |
|
|
RE
103
RBC Europe
London,
United Kingdom
| – | -$34.7K | -3,485 | Closed |
|
|
ASN
104
Advisory Services Network
Atlanta,
Georgia
| – | -$15K | -1,500 | Closed |
|
TMC Hedge Fund Activity: Q3 2021 in Review
45 of the 5,712 institutional investors tracked by Wall St. Rank reported a position in TMC The Metals Company (TMC) for Q3 2021, worth a combined $43.1M — down 79% from $210M a quarter earlier.
Sellers outnumbered buyers: 59 funds closed out of TMC and 27 opened new positions — a net loss of 32 holders — while 8 trimmed existing stakes and 7 added.
The largest buyer was Storebrand Asset Management, opening a new position worth an estimated $18.2M. The largest seller was Highbridge Capital Management, cutting an estimated $23.1M.
- 45 institutional investors held TMC The Metals Company (TMC) as of Q3 2021, down from 77 in Q2 2021.
- Funds reported $43.1M of TMC The Metals Company stock for Q3 2021, down 79% quarter-over-quarter.
- 27 funds opened new TMC The Metals Company positions in Q3 2021 and 59 closed out, a net change of -32 holders.
- The largest TMC The Metals Company buyer in Q3 2021 was Storebrand Asset Management, an estimated $18.2M added.
- The largest TMC The Metals Company seller in Q3 2021 was Highbridge Capital Management, an estimated $23.1M sold.
Based on aggregated 13F filings for Q3 2021.