Trilogy Metals
TMQ
147 hedge funds and large institutions have $239M invested in Trilogy Metals in 2026 Q2 according to their latest regulatory filings, with 26 funds opening new positions, 51 increasing their positions, 33 reducing their positions, and 21 closing their positions.
200% more funds holding in top 10
Funds holding in top 10: 1 → 3 (+2)
107% more call options, than puts
Call options by funds: $4.74M | Put options by funds: $2.29M
55% more repeat investments, than reductions
Existing positions increased: 51 | Existing positions reduced: 33
24% more first-time investments, than exits
New positions opened: 26 | Existing positions closed: 21
2.69% more ownership
Funds ownership: 36.8% → 39.49% (+2.7%)
1% more funds holding
Funds holding: 146 → 147 (+1)
5% less capital invested
Capital invested by funds: $251M → $239M (-$11.5M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TCMG
TSP Capital Management Group
Summit,
New Jersey
|
+$27.9M |
| 2 |
OWIM
Old West Investment Management
Los Angeles,
California
|
+$5.72M |
| 3 |
Point72 Asset Management
Stamford,
Connecticut
|
+$2.2M |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$2.01M |
| 5 |
Morgan Stanley
New York
|
+$1.96M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TI
Tidal Investments
Milwaukee,
Wisconsin
|
-$6.32M |
| 2 |
Jane Street
New York
|
-$3.72M |
| 3 |
Walleye Capital
New York
|
-$3.39M |
| 4 |
AA
ALPS Advisors
Denver,
Colorado
|
-$1.59M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$1.54M |
TMQ Hedge Fund Activity: Q2 2026 in Review
147 of the 8,305 institutional investors tracked by Wall St. Rank reported a position in Trilogy Metals (TMQ) for Q2 2026, worth a combined $239M — down 4.6% from $251M a quarter earlier.
Buyers outnumbered sellers: 26 funds opened new TMQ positions and 21 closed out — a net gain of 5 holders — while 51 added to existing stakes and 33 trimmed.
The largest buyer was TSP Capital Management Group, opening a new position worth an estimated $27.9M. The largest seller was Tidal Investments, cutting an estimated $6.32M.
- 147 institutional investors held Trilogy Metals (TMQ) as of Q2 2026, up from 146 in Q1 2026.
- Funds reported $239M of Trilogy Metals stock for Q2 2026, down 4.6% quarter-over-quarter.
- 26 funds opened new Trilogy Metals positions in Q2 2026 and 21 closed out, a net change of +5 holders.
- The largest Trilogy Metals buyer in Q2 2026 was TSP Capital Management Group, an estimated $27.9M added.
- The largest Trilogy Metals seller in Q2 2026 was Tidal Investments, an estimated $6.32M sold.
Based on aggregated 13F filings for Q2 2026.