We are live on ! Find out more
TMQ

Trilogy Metals
TMQ

124 hedge funds and large institutions have $308M invested in Trilogy Metals in 2025 Q4 according to their latest regulatory filings, with 73 funds opening new positions, 25 increasing their positions, 15 reducing their positions, and 14 closing their positions.

New
Increased
Maintained
Reduced
Closed

421% more first-time investments, than exits

New positions opened: 73 | Existing positions closed: 14

215% more capital invested

Capital invested by funds: $97.8M → $308M (+$211M)

88% more funds holding

Funds holding: 66 → 124 (+58)

67% more repeat investments, than reductions

Existing positions increased: 25 | Existing positions reduced: 15

30% more call options, than puts

Call options by funds: $9.01M | Put options by funds: $6.94M

9.56% more ownership

Funds ownership: 28.32% → 37.89% (+9.6%)

0% more funds holding in top 10

Funds holding in top 10: 2 → 2 (0)

Holders
124
Holders Change
+58
Holders Change %
+87.88%
% of All Funds
1.51%
Holding in Top 10
2
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
0.02%
New
73
Increased
25
Reduced
15
Closed
14
Calls
$9.01M
Puts
$6.94M
Net Calls
+$2.07M
Net Calls Change
-$870K

Top Buyers

1
TI
Tidal Investments
Wisconsin
+$71.3M
2
Susquehanna International Group
Susquehanna International Group
Pennsylvania
+$2.79M
3
Jane Street
Jane Street
New York
+$2.32M
4
AA
ALPS Advisors
Colorado
+$1.36M
5
BlackRock
BlackRock
New York
+$1.33M

Top Sellers

1
OWIM
Old West Investment Management
California
-$35.3M
2
TCMG
TSP Capital Management Group
New Jersey
-$31.6M
3
PC
Paulson & Co
New York
-$30.1M
4
BCM
Bornite Capital Management
New York
-$2.1M
5
WC
Wexford Capital
Florida
-$1.5M
Name Holding Trade Value Shares
Change 		Change in
Stake
Citigroup
51
Citigroup
New York
$104K +$113K +24,041 New
Osaic Holdings
52
Osaic Holdings
Arizona
$97.8K +$107K +22,669 +141,681%
CL
53
Choreo LLC
Illinois
$97K +$106K +22,500 New
TSS
54
Two Sigma Securities
New York
$94.6K +$103K +21,947 New
VF
55
Virtu Financial
New York
$91K +$39.3K +8,337 +65%
CWS
56
Cypress Wealth Services
California
$90.9K +$7.07K +1,500 +8%
Raymond James Financial
57
Raymond James Financial
Florida
$90.6K +$51.7K +10,971 +109%
EGM
58
Engineers Gate Manager
New York
$89.1K +$97.4K +20,682 New
SRL
59
Scientech Research LLC
New Jersey
$88.9K +$97.2K +20,626 New
PA
60
Parallel Advisors
California
$87.6K +$95.7K +20,325 New
Pathstone Holdings
61
Pathstone Holdings
New Jersey
$86.2K – – –
Pictet Asset Management
62
Pictet Asset Management
Switzerland
$84.4K +$92.2K +19,576 New
Citadel Advisors
63
Citadel Advisors
Florida
$69.2K -$1.3M -275,716 -95%
WG
64
Winton Group
United Kingdom
$68.9K +$75.3K +15,990 New
PFA
65
Pettinga Financial Advisors
Indiana
$65.7K +$71.8K +15,233 New
IIA
66
IPG Investment Advisors
California
$64K – – –
MCM
67
MAI Capital Management
Ohio
$63.8K +$69.7K +14,800 New
JF
68
Jump Financial
Illinois
$60.5K +$66.1K +14,035 New
CAPTRUST Financial Advisors
69
CAPTRUST Financial Advisors
North Carolina
$57.1K +$62.4K +13,256 New
Cetera Investment Advisers
70
Cetera Investment Advisers
Illinois
$54.3K +$59.4K +12,603 New
SWM
71
Silverlake Wealth Management
Vermont
$52.8K +$57.7K +12,244 New
SWM
72
Spire Wealth Management
Virginia
$52.2K -$31.4K -6,660 -35%
IWC
73
Integrated Wealth Concepts
Massachusetts
$45.3K +$2.35K +500 +5%
American Century Companies
74
American Century Companies
Missouri
$44.5K +$48.5K +10,294 New
TWM
75
Tradition Wealth Management
Minnesota
$43.1K +$47.1K +10,000 New
1 2
3
4 5

TMQ Hedge Fund Activity: Q4 2025 in Review

124 of the 8,223 institutional investors tracked by Wall St. Rank reported a position in Trilogy Metals (TMQ) for Q4 2025, worth a combined $308M — up 215% from $97.8M a quarter earlier.

Buyers outnumbered sellers: 73 funds opened new TMQ positions and 14 closed out — a net gain of 59 holders — while 25 added to existing stakes and 15 trimmed.

The largest buyer was Tidal Investments, adding an estimated $71.3M. The largest seller was Old West Investment Management, cutting an estimated $35.3M.

  • 124 institutional investors held Trilogy Metals (TMQ) as of Q4 2025, up from 66 in Q3 2025.
  • Funds reported $308M of Trilogy Metals stock for Q4 2025, up 215% quarter-over-quarter.
  • 73 funds opened new Trilogy Metals positions in Q4 2025 and 14 closed out, a net change of +59 holders.
  • The largest Trilogy Metals buyer in Q4 2025 was Tidal Investments, an estimated $71.3M added.
  • The largest Trilogy Metals seller in Q4 2025 was Old West Investment Management, an estimated $35.3M sold.

Based on aggregated 13F filings for Q4 2025.