TMC The Metals Company
104 hedge funds and large institutions have $61.2M invested in TMC The Metals Company in 2025 Q1 according to their latest regulatory filings, with 30 funds opening new positions, 19 increasing their positions, 19 reducing their positions, and 10 closing their positions.
200% more first-time investments, than exits
New positions opened: 30 | Existing positions closed: 10
68% more capital invested
Capital invested by funds: $36.5M → $61.2M (+$24.7M)
20% more funds holding
Funds holding: 87 → 104 (+17)
0.76% more ownership
Funds ownership: 9.47% → 10.22% (+0.76%)
0% more repeat investments, than reductions
Existing positions increased: 19 | Existing positions reduced: 19
50% less call options, than puts
Call options by funds: $2.88M | Put options by funds: $5.77M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OWIM
Old West Investment Management
Los Angeles,
California
|
+$3.59M |
| 2 |
Millennium Management
New York
|
+$1.4M |
| 3 |
Baird Financial Group
Milwaukee,
Wisconsin
|
+$1.29M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$1.1M |
| 5 |
Renaissance Technologies
New York
|
+$855K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$2.26M |
| 2 |
SC
Shay Capital
New York
|
-$1.12M |
| 3 |
UBS Group
Zurich,
Switzerland
|
-$901K |
| 4 |
TI
Tidal Investments
Milwaukee,
Wisconsin
|
-$895K |
| 5 |
CM
Caption Management
Oklahoma City,
Oklahoma
|
-$570K |
TMC Hedge Fund Activity: Q1 2025 in Review
104 of the 7,472 institutional investors tracked by Wall St. Rank reported a position in TMC The Metals Company (TMC) for Q1 2025, worth a combined $61.2M — up 68% from $36.5M a quarter earlier.
Buyers outnumbered sellers: 30 funds opened new TMC positions and 10 closed out — a net gain of 20 holders — while 19 added to existing stakes and 19 trimmed.
The largest buyer was Old West Investment Management, adding an estimated $3.59M. The largest seller was Jane Street, exiting entirely with an estimated $2.26M sold.
- 104 institutional investors held TMC The Metals Company (TMC) as of Q1 2025, up from 87 in Q4 2024.
- Funds reported $61.2M of TMC The Metals Company stock for Q1 2025, up 68% quarter-over-quarter.
- 30 funds opened new TMC The Metals Company positions in Q1 2025 and 10 closed out, a net change of +20 holders.
- The largest TMC The Metals Company buyer in Q1 2025 was Old West Investment Management, an estimated $3.59M added.
- The largest TMC The Metals Company seller in Q1 2025 was Jane Street, an estimated $2.26M sold.
Based on aggregated 13F filings for Q1 2025.