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Trilogy Metals Inc.

TMQ
Exchange
NYSE
Industry
Gold and Silver Ores
SEC CIK
0001543418

In the last 90 days, Trilogy Metals Inc. insiders filed 0 open-market purchases and 1 sale; 147 institutions reported holding it in 13F filings for Q2 2026, worth $239.3M in total; no superinvestor holds it.

13F holders, Q2 2025

Institutional positions in Trilogy Metals Inc. as of Jun 30, 2025. Investment managers with $100 million or more in US stocks report their long positions on Form 13F within 45 days after each quarter ends. How 13F works

Institutional holders
62
+2 vs. Q1 2025
Shares held
39.1M
−11.9M (−23.3%) vs. Q1 2025
Total value
$61.1M
−$18.1M (−22.9%) vs. Q1 2025
New holders
13
11 more added
Sold out
11
18 more reduced

1 institution that held it in Q1 2025 haven't filed for Q2 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q1 2025: new holders, sold out and not filed yet

Holders and value by quarter

Institutions reporting TMQ on Form 13F each quarter since Q1 2021, and the total value they reported. Values are as of each quarter end, so they also move with the share price.

Institutional holdersQ2 2025: 62 institutions
Q1 2021: 56 institutionsQ2 2021: 57 institutionsQ3 2021: 47 institutionsQ4 2021: 48 institutionsQ1 2022: 49 institutionsQ2 2022: 48 institutionsQ3 2022: 40 institutionsQ4 2022: 51 institutionsQ1 2023: 46 institutionsQ2 2023: 46 institutionsQ3 2023: 50 institutionsQ4 2023: 46 institutionsQ1 2024: 52 institutionsQ2 2024: 42 institutionsQ3 2024: 49 institutionsQ4 2024: 51 institutionsQ1 2025: 61 institutionsQ2 2025: 62 institutionsQ3 2025: 66 institutionsQ4 2025: 125 institutionsQ1 2026: 147 institutionsQ2 2026: 147 institutions
Value heldQ2 2025: $61.1M
Q1 2021: $76.5MQ2 2021: $92.5MQ3 2021: $69.0MQ4 2021: $60.6MQ1 2022: $36.1MQ2 2022: $24.8MQ3 2022: $19.6MQ4 2022: $17.4MQ1 2023: $15.3MQ2 2023: $16.7MQ3 2023: $13.5MQ4 2023: $11.5MQ1 2024: $14.1MQ2 2024: $16.0MQ3 2024: $18.5MQ4 2024: $50.8MQ1 2025: $79.3MQ2 2025: $61.1MQ3 2025: $97.8MQ4 2025: $308.4MQ1 2026: $250.4MQ2 2026: $239.3M
Institutions holding TMQ and their total value by quarter
QuarterHoldersValue
Q2 2026147$239.3M
Q1 2026147$250.4M
Q4 2025125$308.4M
Q3 202566$97.8M
Q2 202562$61.1M
Q1 202561$79.3M
Q4 202451$50.8M
Q3 202449$18.5M
Q2 202442$16.0M
Q1 202452$14.1M
Q4 202346$11.5M
Q3 202350$13.5M
Q2 202346$16.7M
Q1 202346$15.3M
Q4 202251$17.4M
Q3 202240$19.6M
Q2 202248$24.8M
Q1 202249$36.1M
Q4 202148$60.6M
Q3 202147$69.0M
Q2 202157$92.5M
Q1 202156$76.5M

Institutions, Q2 2025

Shares, value and share of portfolio for each institution holding Trilogy Metals Inc.; share changes are against Q1 2025.

Institutions holding TMQ in Q2 2025
InstitutionSharesValue% of portfolioChange in sharesAction
Paulson & Co. Inc.14,326,996$19.3M0.96%00.0%Unchanged
Old West Investment Management, LLC11,094,426$15.0M4.94%−1,517,453−12.0%Reduced
TSP Capital Management Group, LLC–$8.31M2.61%––
Wexford Capital LP3,472,836$4.69M1.31%−1,751,147−33.5%Reduced
Toroso Investments, LLC2,725,473$3.68M0.02%−2,776,666−50.5%Reduced
Goehring & Rozencwajg Associates, LLC1,279,509$1.74M0.27%−123,288−8.8%Reduced
Bornite Capital Management LP1,000,000$1.35M0.14%00.0%Unchanged
Sprott Inc.803,834$1.09M0.05%−1,084,943−57.4%Reduced
Envestnet Asset Management Inc562,080$758.8K0.00%+306,547+120.0%Added
Manufacturers Life Insurance Company, The498,375$673.5K0.00%−24,077−4.6%Reduced
Millennium Management LLC321,949$434.6K0.00%+321,949New
DLD Asset Management, LP300,000$405.0K0.05%+50,000+20.0%Added
Alps Advisors Inc271,636$366.7K0.00%−41,646−13.3%Reduced
Citadel Advisors LLC247,904$334.7K0.00%+81,216+48.7%Added
Legacy Capital Group California, Inc.222,454$300.3K0.08%+73,012+48.9%Added
Two Sigma Investments, LP214,594$289.7K0.00%+9,755+4.8%Added
HRT Financial LP209,114$282.0K0.00%+209,114New
JPMorgan Chase & Co204,800$276.5K0.00%+201,000+5,289.5%Added
Renaissance Technologies LLC164,100$221.5K0.00%+108,000+192.5%Added
GeoSphere Capital Management, LLC150,000$202.5K0.21%−150,000−50.0%Reduced
Bank of America Corp122,095$164.8K0.00%+17,291+16.5%Added
Jane Street Group, LLC113,843$153.7K0.00%+113,843New
Total Wealth Planning & Management, Inc.100,500$135.7K0.12%−2,000−2.0%Reduced
Rangeley Capital, LLC87,000$117.5K0.15%−11,074−11.3%Reduced
XTX Topco Ltd85,352$115.2K0.00%+85,352New
Two Sigma Advisers, LP85,100$114.9K0.00%−62,500−42.3%Reduced
Goldman Sachs Group Inc61,550$83.1K0.00%+61,550New
Cubist Systematic Strategies, LLC51,795$69.9K0.00%+51,795New
Virtu Financial LLC41,798$56.0K0.00%−11,702−21.9%Reduced
Morgan Stanley37,539$50.7K0.00%+10.0%Added
Wiley Bros.-Aintree Capital, LLC37,285$49.8K0.00%+37,285New
LPL Financial LLC28,552$38.5K0.00%+16,134+129.9%Added
Cambridge Investment Research Advisors, Inc.27,808$38.0K0.00%+27,808New
UBS Group AG22,664$30.6K0.00%−40,417−64.1%Reduced
Dimensional Fund Advisors LP21,693$29.3K0.00%00.0%Unchanged
Pathstone Holdings, LLC20,000$27.0K0.00%00.0%Unchanged
Cypress Wealth Services, LLC19,600$26.5K0.00%00.0%Unchanged
IPG Investment Advisors LLC14,850$20.0K0.00%00.0%Unchanged
Spire Wealth Management12,105$16.3K0.00%+5,963+97.1%Added
Exencial Wealth Advisors, LLC11,190$15.1K0.00%00.0%Unchanged
Wells Fargo & Company10,519$14.3K0.00%−137−1.3%Reduced
Raymond James Financial Inc10,044$13.6K0.00%00.0%Unchanged
Integrated Wealth Concepts LLC10,000$13.5K0.00%+10,000New
AdvisorNet Financial, Inc9,258$12.5K0.00%00.0%Unchanged
Avion Wealth8,400$11.0K0.00%+8,400New
Group One Trading, L.P.4,504$6.08K0.00%+4,504New
Simplex Trading, LLC5,074$6.00K0.00%−10,911−68.3%Reduced
The PNC Financial Services Group, Inc.2,000$2.70K0.00%00.0%Unchanged
CoreCap Advisors, LLC1,066$1.44K0.00%00.0%Unchanged
Royal Bank of Canada670$1.00K0.00%−9,925−93.7%Reduced
Financial Management Professionals, Inc.500$6750.00%+500New
New England Capital Financial Advisors LLC333$4500.00%00.0%Unchanged
Federation des caisses Desjardins du Quebec200$2570.00%−117−36.9%Reduced
Harbour Investments, Inc.66$890.00%00.0%Unchanged
TD Waterhouse Canada Inc.50$690.00%00.0%Unchanged
Global Retirement Partners, LLC33$450.00%+33New
Northwestern Mutual Wealth Management Co28$380.00%00.0%Unchanged
National Bank of Canada29$230.00%−110−79.1%Reduced
Advisor Group Holdings, Inc.16$210.00%00.0%Unchanged
Truvestments Capital LLC8$110.00%00.0%Unchanged
US Bancorp6$80.00%00.0%Unchanged
CWM, LLC75$00.00%00.0%Unchanged
Praetorian PR LLC0$00.00%−420,000−100.0%Sold out
Pinnbrook Capital Management LP0$00.00%−360,728−100.0%Sold out
Birchbrook, Inc.0$00.00%−50,000−100.0%Sold out
Susquehanna International Group, LLP0$00.00%−11,469−100.0%Sold out
Two Sigma Securities, LLC0$00.00%−10,660−100.0%Sold out
Family Management Corp0$00.00%−10,000−100.0%Sold out
Baader Bank INC0$00.00%−13,520−100.0%Sold out
Cullen/Frost Bankers, Inc.0$00.00%−1,500−100.0%Sold out
Farther Finance Advisors, LLC0$00.00%−1,000−100.0%Sold out
Compass Wealth Management LLC0$00.00%−1,000−100.0%Sold out
SBI Securities Co., Ltd.0$00.00%−200−100.0%Sold out
Credit Agricole S A––––Not filed