TMC The Metals Company
80 hedge funds and large institutions have $211M invested in TMC The Metals Company in 2021 Q1 according to their latest regulatory filings, with 44 funds opening new positions, 14 increasing their positions, 18 reducing their positions, and 28 closing their positions.
57% more first-time investments, than exits
New positions opened: 44 | Existing positions closed: 28
32% more capital invested
Capital invested by funds: $160M → $211M (+$50.7M)
25% more funds holding
Funds holding: 64 → 80 (+16)
5% less call options, than puts
Call options by funds: $25.1M | Put options by funds: $26.5M
22% less repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 18
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MF
Magnetar Financial
Evanston,
Illinois
|
+$18.7M |
| 2 |
WAM
Weiss Asset Management
Boston,
Massachusetts
|
+$15.1M |
| 3 |
Millennium Management
New York
|
+$13.1M |
| 4 |
AC
Athanor Capital
New York
|
+$9.74M |
| 5 |
Citadel Advisors
Miami,
Florida
|
+$8.71M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
YCM
Yaupon Capital Management
New York
|
-$12.7M |
| 2 |
PC
Periscope Capital
Toronto,
Ontario, Canada
|
-$11.4M |
| 3 |
AC
Aristeia Capital
Greenwich,
Connecticut
|
-$8.86M |
| 4 |
UOC
UBS O'Connor
Chicago,
Illinois
|
-$6.87M |
| 5 |
BCM
Beryl Capital Management
Redondo Beach,
California
|
-$6.41M |
TMC Hedge Fund Activity: Q1 2021 in Review
80 of the 5,711 institutional investors tracked by Wall St. Rank reported a position in TMC The Metals Company (TMC) for Q1 2021, worth a combined $211M — up 32% from $160M a quarter earlier.
Buyers outnumbered sellers: 44 funds opened new TMC positions and 28 closed out — a net gain of 16 holders — while 14 added to existing stakes and 18 trimmed.
The largest buyer was Magnetar Financial, opening a new position worth an estimated $18.7M. The largest seller was Yaupon Capital Management, exiting entirely with an estimated $12.7M sold.
- 80 institutional investors held TMC The Metals Company (TMC) as of Q1 2021, up from 64 in Q4 2020.
- Funds reported $211M of TMC The Metals Company stock for Q1 2021, up 32% quarter-over-quarter.
- 44 funds opened new TMC The Metals Company positions in Q1 2021 and 28 closed out, a net change of +16 holders.
- The largest TMC The Metals Company buyer in Q1 2021 was Magnetar Financial, an estimated $18.7M added.
- The largest TMC The Metals Company seller in Q1 2021 was Yaupon Capital Management, an estimated $12.7M sold.
Based on aggregated 13F filings for Q1 2021.