TMQ · Trilogy Metals Inc.

$3.96 +0.33 (+9.09%) At close · Aug 21

Market Cap

$684.07M

172.75M

Institutional ownership from SEC Form 13F filings. Investment managers with more than $100 million in U.S. equities must disclose their positions every quarter, within 45 days of quarter-end, so the holdings shown can lag the market by up to a quarter.

Quarter:

Holders: 145

Total Value: $244,122,891

Total Shares: 69,554,637

Institutional Ownership Trend

26 quarters

Holder Concentration

Across 145 13F filers · Δ vs Mar 31, 2026

Top Holder

45.4%

+1.6 pts

Top 5

78.6%

+2.5 pts

Top 10

87.2%

+1.5 pts

HHI

2,411

Moderately concentrated+134

Quarterly Activity

vs Mar 31, 2026

New

Increased

Decreased

Sold Out

Unchanged

Holder count: -5

Institutional value: -5.6%

Shares held: -3.5%

Top Buyers

vs Mar 31, 2026

Institution	Added	Now Holds
Small Old West Investment Management, LLC	+1,390,945	6,092,657
Large Point72 Asset Management, L.P.	+534,793	877,834
Mega MORGAN STANLEY	+477,063	936,338
Mega CITADEL ADVISORS LLC	+342,604	1,008,595
Mid Private Advisor Group, LLC	+110,000	313,800

Top Sellers

vs Mar 31, 2026

Institution	Sold	Now Holds
Large Tidal Investments LLC	−1,536,918	8,396,279
Mega JANE STREET GROUP, LLC	−912,520	187,461
Large ALPS ADVISORS INC	−386,915	1,473,828
Mega BANK OF AMERICA CORP /DE/	−374,063	10,669
Mega TWO SIGMA INVESTMENTS, LP	−301,000	244,070

Top New Positions

vs Mar 31, 2026

Institution	Acquired	Value (USD)
Mid MOORE CAPITAL MANAGEMENT, LP	391,599	$1,374,512
Mid Engineers Gate Manager LP	81,646	$286,577
Mid GROUP ONE TRADING LLC	60,834	$213,527
Mega Jupiter Topco LLC	51,800	$181,818
Small Schneider Downs Wealth Management Advisors, LP	20,600	$72,306

Top Sold-Out Positions

vs Mar 31, 2026

Institution	Previously Held	Last Value (USD)
Large Walleye Capital LLC	945,678	$3,394,984
Large PEAK6 LLC	459,799	$1,650,678
Mid Jump Financial, LLC	278,739	$1,000,673
Small DLD Asset Management, LP	200,000	$718,000
Mid WINTON GROUP Ltd	143,900	$516,601

Filter: New 24 Increased 51 Reduced 33 Sold out 29 Unchanged 37

Showing 100 of 152

All Common Calls Puts

Compact Export CSV

Holder

Value (USD)

% of 13F

Electrum Group LLC

$110,932,640

45.44%

31,604,741

Tidal Investments LLC

$29,470,939

12.07%

8,396,279

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Amplify Investments, LLC	8,379,361	$29,411,557	99.8%	Defined
Held directly	16,918	$59,382	0.2%	Sole

TSP Capital Management Group, LLC

$23,787,621

9.74%

6,777,100

Old West Investment Management, LLC

$21,385,226

8.76%

6,092,657

Goehring & Rozencwajg Associates, LLC

$6,232,110

2.55%

1,775,530

ALPS ADVISORS INC

$5,173,136

2.12%

1,473,828

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Sprott Inc.	1,473,828	$5,173,136	100.0%	Other

MARSHALL WACE, LLP

$4,761,356

1.95%

1,356,512

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Marshall Wace North America L.P. joint	1,356,512	$4,761,356	100.0%	Other

SUSQUEHANNA INTERNATIONAL GROUP, LLP

$3,305,016

1.35%

941,600

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
SUSQUEHANNA SECURITIES, LLC	941,600	$3,305,016	100.0%	Other

MORGAN STANLEY

$3,286,545

1.35%

936,338

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
MORGAN STANLEY & CO. LLC	93	$326	0.0%	Defined
Morgan Stanley Canada LTD	536,486	$1,883,065	57.3%	Defined
MORGAN STANLEY CAPITAL SERVICES, LLC	336,606	$1,181,487	35.9%	Defined
MORGAN STANLEY SMITH BARNEY LLC	63,153	$221,667	6.7%	Defined

ENVESTNET ASSET MANAGEMENT INC

$3,190,130

1.31%

908,869

Point72 Asset Management, L.P.

$3,081,197

1.26%

877,834

CITADEL ADVISORS LLC

$2,796,399

1.15%

796,695

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Citadel Securities GP LLC	796,695	$2,796,399	100.0%	Defined

BlackRock, Inc.

$1,718,177

0.70%

489,510

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
BLACKROCK FINANCIAL MANAGEMENT INC/DE	104,707	$367,521	21.4%	Sole
BlackRock Fund Advisors	203,420	$714,004	41.6%	Sole
BlackRock Institutional Trust Company, N.A.	40,858	$143,411	8.3%	Sole
BlackRock Fund Managers Ltd.	17,482	$61,361	3.6%	Sole
BlackRock Investment Management (UK) Ltd.	97,320	$341,593	19.9%	Sole
BlackRock Asset Management Schweiz AG	25,723	$90,287	5.3%	Sole

TORONTO DOMINION BANK

$1,439,226

0.59%

410,036

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
TD SECURITIES INC	36	$126	0.0%	Defined
Held directly	410,000	$1,439,100	100.0%	Sole

GOLDMAN SACHS GROUP INC

$1,416,990

0.58%

403,701

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
GOLDMAN SACHS & CO. LLC	403,701	$1,416,990	100.0%	Defined

MOORE CAPITAL MANAGEMENT, LP

$1,374,512

0.56%

391,599

BANK OF MONTREAL /CAN/

$1,151,418

0.47%

328,040

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
BMO Asset Management Inc.	327,121	$1,148,194	99.7%	Defined
BMO NESBITT BURNS INC.	472	$1,656	0.1%	Defined
Stoker Ostler Wealth Advisors, Inc.	447	$1,568	0.1%	Defined

Private Advisor Group, LLC

$1,101,438

0.45%

313,800

STATE STREET CORP

$1,081,985

0.44%

308,258

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
STATE STREET GLOBAL ADVISORS EUROPE LIMITED joint	308,258	$1,081,985	100.0%	Defined

SUSQUEHANNA INTERNATIONAL GROUP, LLP

$1,033,695

0.42%

294,500

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
SUSQUEHANNA SECURITIES, LLC	294,500	$1,033,695	100.0%	Other

UBS Group AG

$1,001,360

0.41%

285,288

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
UBS AG	271,540	$953,105	95.2%	Defined
UBS Switzerland AG	12,510	$43,910	4.4%	Defined
UBS Securities LLC	1,238	$4,345	0.4%	Defined

MANUFACTURERS LIFE INSURANCE COMPANY, THE

$951,410

0.39%

271,057

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
MANULIFE FINANCIAL CORP joint	271,057	$951,410	100.0%	Defined

Rockefeller Capital Management L.P.

$925,972

0.38%

263,810

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Rockefeller Trust Co (Delaware)	81,249	$285,183	30.8%	Defined
ROCKEFELLER FINANCIAL LLC	182,561	$640,789	69.2%	Defined

TWO SIGMA INVESTMENTS, LP

$856,685

0.35%

244,070

Swiss National Bank

$772,902

0.32%

220,200

TD Asset Management Inc

$605,338

0.25%

172,461

UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC

$586,643

0.24%

167,135

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
UBS Asset Management Switzerland AG	140,600	$493,506	84.1%	Sole
Held directly	26,535	$93,137	15.9%	Other

Balyasny Asset Management L.P.

$452,242

0.19%

128,844

MACKENZIE FINANCIAL CORP

$420,912

0.17%

119,918

SPROTT INC.

$409,311

0.17%

116,613

CITADEL ADVISORS LLC

$407,160

0.17%

116,000

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Citadel Securities GP LLC	116,000	$407,160	100.0%	Defined

XTX Topco Ltd

$374,492

0.15%

106,693

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
XTX EXECUTION SERVICES LLC joint	106,693	$374,492	100.0%	Defined

Legacy Capital Group California, Inc.

$370,799

0.15%

105,641

IMC-Chicago, LLC

$343,965

0.14%

97,996

CITADEL ADVISORS LLC

$336,609

0.14%

95,900

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Citadel Securities GP LLC	95,900	$336,609	100.0%	Defined

Rangeley Capital, LLC

$305,370

0.13%

87,000

Engineers Gate Manager LP

$286,577

0.12%

81,646

NORTHERN TRUST CORP

$279,904

0.11%

79,745

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
NORTHERN TRUST CO joint	21,208	$74,440	26.6%	Defined
NORTHERN TRUST GLOBAL INVESTMENTS LTD	58,537	$205,464	73.4%	Defined

JANE STREET GROUP, LLC

$270,133

0.11%

76,961

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Jane Street Capital, LLC	76,961	$270,133	100.0%	Defined

EntryPoint Capital, LLC

$253,709

0.10%

72,282

VANGUARD ASSET MANAGEMENT, Ltd

$248,739

0.10%

70,866

LPL Financial LLC

$242,340

0.10%

69,043

AQR CAPITAL MANAGEMENT LLC

$234,737

0.10%

66,877

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Arax Advisory Partners	27	$94	0.0%	Other
HALBERT HARGROVE GLOBAL ADVISORS, LLC	38	$133	0.1%	Other
Held directly	66,812	$234,510	99.9%	Defined

Legal & General Group Plc

$232,024

0.10%

66,104

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Legal & General Investment Management Ltd joint	66,104	$232,024	100.0%	Defined

GROUP ONE TRADING LLC

$213,527

0.09%

60,834

JANE STREET GROUP, LLC

$210,249

0.09%

59,900

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Jane Street Capital, LLC	59,900	$210,249	100.0%	Defined

Jupiter Topco LLC

$181,818

0.07%

51,800

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
JANUS HENDERSON INVESTORS UK Ltd	51,800	$181,818	100.0%	Defined

JANE STREET GROUP, LLC

$177,606

0.07%

50,600

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Jane Street Capital, LLC	50,600	$177,606	100.0%	Defined

Total Wealth Planning & Management, Inc.

$163,285

0.07%

46,520

LEGACY CAPITAL WEALTH MANAGEMENT, LLC

$154,815

0.06%

44,107

Zurcher Kantonalbank (Zurich Cantonalbank)

$146,647

0.06%

41,780

McGowan Group Asset Management, Inc.

$142,060

0.06%

40,473

OSAIC HOLDINGS, INC.

$137,436

0.06%

39,156

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
OSAIC WEALTH, INC.	39,127	$137,335	99.9%	Defined
Osaic Advisory Services, LLC	29	$101	0.1%	Defined

Cambridge Investment Research Advisors, Inc.

$132,541

0.05%

37,761

HighTower Advisors, LLC

$128,188

0.05%

36,521

Chicago Partners Investment Group LLC

$113,043

0.05%

32,206

Osbon Capital Management LLC

$110,340

0.05%

31,436

RAYMOND JAMES FINANCIAL INC

$109,985

0.05%

31,335

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
RAYMOND JAMES & ASSOCIATES	18,542	$65,082	59.2%	Defined
Raymond James Financial Services Advisors, Inc.	12,793	$44,903	40.8%	Defined

KLP KAPITALFORVALTNING AS

$108,810

0.04%

31,000

ARIZONA STATE RETIREMENT SYSTEM

$106,261

0.04%

30,274

Vanguard Investments Australia, Ltd.

$99,796

0.04%

28,432

World Investment Advisors

$96,833

0.04%

27,588

Cetera Investment Advisers

$92,562

0.04%

26,371

JPMORGAN CHASE & CO

$91,109

0.04%

25,957

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
J.P. Morgan Securities plc	25,957	$91,109	100.0%	Defined

&PARTNERS

$87,293

0.04%

24,870

AlTi Global, Inc.

$86,479

0.04%

24,638

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
TIEDEMANN ADVISORS, LLC	24,638	$86,479	100.0%	Defined

DIMENSIONAL FUND ADVISORS LP

$80,379

0.03%

22,900

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Dimensional Ireland Ltd	10,500	$36,855	45.9%	Defined
Held directly	12,400	$43,524	54.1%	Sole

STIFEL FINANCIAL CORP

$79,027

0.03%

22,515

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
STIFEL NICOLAUS & CO INC \MO\	22,515	$79,027	100.0%	Defined

CHOREO, LLC

$78,975

0.03%

22,500

SUSQUEHANNA INTERNATIONAL GROUP, LLP

$78,592

0.03%

22,391

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
SUSQUEHANNA SECURITIES, LLC	22,391	$78,592	100.0%	Other

BARCLAYS PLC

$74,822

0.03%

21,317

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
BARCLAYS BANK PLC	6,717	$23,576	31.5%	Defined
BARCLAYS CAPITAL SECURITIES LTD	14,600	$51,246	68.5%	Defined

Squarepoint Ops LLC

$74,240

0.03%

21,151

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Squarepoint Capital LLP	21,151	$74,240	100.0%	Defined

Cypress Wealth Services, LLC

$74,061

0.03%

21,100

Schneider Downs Wealth Management Advisors, LP

$72,306

0.03%

20,600

Parallel Advisors, LLC

$71,340

0.03%

20,325

Pathstone Holdings, LLC

$70,200

0.03%

20,000

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
ADVISOR PARTNERS II, LLC	20,000	$70,200	100.0%	Defined

Pictet Asset Management Holding SA

$68,711

0.03%

19,576

HSBC HOLDINGS PLC

$67,686

0.03%

19,284

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
HSBC BANK PLC	19,284	$67,686	100.0%	Defined

Three Magnolias Financial Advisors, LLC

$63,180

0.03%

18,000

Meadowbrook Advisors Group, LLC

$62,460

0.03%

17,795

ROYAL BANK OF CANADA

$61,423

0.03%

17,500

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
RBC Capital Markets, LLC	6,631	$23,274	37.9%	Defined
RBC Dominion Securities Inc.	8,824	$30,972	50.4%	Defined
CITY NATIONAL BANK	2,045	$7,177	11.7%	Defined

JONES FINANCIAL COMPANIES LLLP

$58,360

0.02%

16,627

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Edward D. Jones & Co., L.P.	16,627	$58,360	100.0%	Sole

PFG Investments, LLC

$58,322

0.02%

16,616

DEUTSCHE BANK AG\

$56,960

0.02%

16,228

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
DWS INVESTMENT MANAGEMENT AMERICAS, INC	16,228	$56,960	100.0%	Defined

CANADA LIFE ASSURANCE Co

$56,384

0.02%

16,064

Pettinga Financial Advisors LLC

$53,425

0.02%

15,221

JBF Capital, Inc.

$52,411

0.02%

14,932

IPG Investment Advisors LLC

$52,123

0.02%

14,850

MAI Capital Management

$51,976

0.02%

14,808

AMERICAN CENTURY COMPANIES INC

$51,267

0.02%

14,606

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
AMERICAN CENTURY INVESTMENT MANAGEMENT INC	14,606	$51,267	100.0%	Defined

HUB Investment Partners, LLC

$49,399

0.02%

14,074

CAPTRUST FINANCIAL ADVISORS

$47,325

0.02%

13,483

STATE OF WISCONSIN INVESTMENT BOARD

$47,037

0.02%

13,401

Bank of New York Mellon Corp

$41,290

0.02%

11,764

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Mellon Investments Corporation	7,835	$27,500	66.6%	Defined
BNY Mellon, NA	3,895	$13,671	33.1%	Defined
Held directly	34	$119	0.3%	Defined

SIG North Trading, ULC

$41,067

0.02%

11,700

SILVERLAKE WEALTH MANAGEMENT LLC

$39,413

0.02%

11,229

Savant Capital, LLC

$39,308

0.02%

11,199

Caitong International Asset Management Co., Ltd

$39,280

0.02%

11,191

BANK OF AMERICA CORP /DE/

$37,448

0.02%

10,669

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
BANK OF AMERICA NA	10,669	$37,448	100.0%	Defined

EP Wealth Advisors, LLC

$35,226

0.01%

10,036

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Citigroup Financial Products Inc. joint	8,695	$30,519	100.0%	Defined

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
TORONTO DOMINION BANK	4,100	$14,391	100.0%	Defined

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
BNP PARIBAS ASSET MANAGEMENT Europe	2,543	$8,925	100.0%	Defined

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
PNC Bank, National Association	2,000	$7,020	100.0%	Defined

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Russell Investment Management, LLC	1,295	$4,545	100.0%	Defined

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
WELLS FARGO ADVISORS FINANCIAL NETWORK, LLC	326	$1,144	31.6%	Defined
WELLS FARGO CLEARING SERVICES, LLC	706	$2,478	68.4%	Defined

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
SSB Wealth Management, Inc.	250	$877	100.0%	Sole

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Desjardins Securities inc.	200	$702	99.6%	Defined
Held directly	1	$3	0.4%	Defined

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
PEAK6 Investments LLC joint	447,300	$1,605,807	100.0%	Defined

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Jump Trading Holdings, LLC joint	57,539	$206,565	20.6%	Defined
Leap GP LLC joint	221,200	$794,108	79.4%	Defined

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
JANUS HENDERSON INVESTORS UK Ltd	51,800	$185,962	100.0%	Defined

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
DRW Investments, LLC	25,081	$90,040	100.0%	Other

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
PEAK6 Investments LLC joint	12,499	$44,871	100.0%	Defined

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Manager 1 joint	5,427	$19,482	100.0%	Sole

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Tower Research Capital Investments LLC	675	$2,423	18.8%	Other
Latour Trading LLC (Latour)	2,909	$10,443	81.2%	Defined

Key facts CIK 1543418 CUSIP 89621C105 13F (30d) 128 filings 128 filers Visit website