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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, Q3 2025

Institutional positions in Trilogy Metals Inc. as of Sep 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
66
+5 vs. Q2 2025
Shares held
46.5M
+7.50M (+19.2%) vs. Q2 2025
Total value
$97.8M
+$36.8M (+60.2%) vs. Q2 2025
New holders
10
25 more added
Sold out
5
10 more reduced

1 institution that held it in Q2 2025 haven't filed for Q3 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q2 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 holdersQ3 2025: 66 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 heldQ3 2025: $97.8M
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, Q3 2025

Shares, value and share of portfolio for each institution holding Trilogy Metals Inc.; share changes are against Q2 2025.

Institutions holding TMQ in Q3 2025
InstitutionSharesValue% of portfolioChange in sharesAction
Paulson & Co. Inc.14,326,996$30.1M1.01%00.0%Unchanged
Old West Investment Management, LLC12,165,552$25.5M5.86%+1,071,126+9.7%Added
TSP Capital Management Group, LLC6,715,000$14.1M3.77%––
Toroso Investments, LLC3,625,129$7.61M0.03%+899,656+33.0%Added
Goehring & Rozencwajg Associates, LLC1,338,321$2.85M0.34%+58,812+4.6%Added
Envestnet Asset Management Inc1,013,517$2.13M0.00%+451,437+80.3%Added
Bornite Capital Management LP1,000,000$2.10M0.19%00.0%Unchanged
Wexford Capital LP714,350$1.50M0.45%−2,758,486−79.4%Reduced
DLD Asset Management, LP594,000$1.25M0.16%+294,000+98.0%Added
Alyeska Investment Group, L.P.500,000$1.05M0.00%+500,000New
Jane Street Group, LLC449,046$943.0K0.00%+335,203+294.4%Added
Manufacturers Life Insurance Company, The404,099$859.7K0.00%−94,276−18.9%Reduced
Millennium Management LLC401,668$843.6K0.00%+79,719+24.8%Added
Alps Advisors Inc385,461$809.5K0.00%+113,825+41.9%Added
Two Sigma Investments, LP326,721$686.1K0.00%+112,127+52.3%Added
Citadel Advisors LLC291,760$612.7K0.00%+43,856+17.7%Added
Legacy Capital Group California, Inc.283,246$594.8K0.15%+60,792+27.3%Added
Renaissance Technologies LLC243,500$511.4K0.00%+79,400+48.4%Added
Sprott Inc.217,599$457.0K0.02%−586,235−72.9%Reduced
GAM Holding AG200,000$420.0K0.03%+200,000New
JPMorgan Chase & Co197,380$414.5K0.00%−7,420−3.6%Reduced
Goldman Sachs Group Inc119,057$250.0K0.00%+57,507+93.4%Added
Bank of America Corp118,047$247.9K0.00%−4,048−3.3%Reduced
Rangeley Capital, LLC87,000$182.7K0.17%00.0%Unchanged
Two Sigma Advisers, LP83,500$175.3K0.00%−1,600−1.9%Reduced
Group One Trading, L.P.78,774$165.4K0.00%+74,270+1,649.0%Added
Cubist Systematic Strategies, LLC74,381$156.2K0.00%+22,586+43.6%Added
Susquehanna International Group, LLP64,518$135.5K0.00%+64,518New
Walleye Capital LLC58,806$123.5K0.00%+58,806New
Marshall Wace, LLP58,557$123.0K0.00%+58,557New
Morgan Stanley52,171$109.6K0.00%+14,632+39.0%Added
Wiley Bros.-Aintree Capital, LLC51,018$107.1K0.00%+13,733+36.8%Added
Qube Research & Technologies Ltd49,785$104.5K0.00%+49,785New
LPL Financial LLC28,584$60.0K0.00%+32+0.1%Added
Dimensional Fund Advisors LP21,693$45.6K0.00%00.0%Unchanged
Pathstone Holdings, LLC20,000$42.0K0.00%00.0%Unchanged
Cypress Wealth Services, LLC19,600$41.2K0.01%00.0%Unchanged
Spire Wealth Management18,774$39.4K0.00%+6,669+55.1%Added
IPG Investment Advisors LLC14,850$31.2K0.01%00.0%Unchanged
Federation des caisses Desjardins du Quebec15,201$31.0K0.00%+15,001+7,500.5%Added
Rockefeller Capital Management L.P.13,000$27.3K0.00%+13,000New
Virtu Financial LLC12,870$27.0K0.00%−28,928−69.2%Reduced
Simplex Trading, LLC12,858$27.0K0.00%+7,784+153.4%Added
Wells Fargo & Company11,352$24.1K0.00%+833+7.9%Added
Exencial Wealth Advisors, LLC11,190$23.5K0.00%00.0%Unchanged
AdvisorNet Financial, Inc10,885$22.9K0.00%+1,627+17.6%Added
Raymond James Financial Inc10,044$21.1K0.00%00.0%Unchanged
Integrated Wealth Concepts LLC10,000$21.0K0.00%00.0%Unchanged
Avion Wealth8,400$17.0K0.00%00.0%Unchanged
The PNC Financial Services Group, Inc.2,000$4.20K0.00%00.0%Unchanged
CoreCap Advisors, LLC1,066$2.24K0.00%00.0%Unchanged
Hantz Financial Services, Inc.916$2.00K0.00%+916New
New England Capital Financial Advisors LLC333$7000.00%00.0%Unchanged
Sound Income Strategies, LLC76$4980.00%+76New
Glen Eagle Advisors, LLC166$3490.00%+166New
Northwestern Mutual Wealth Management Co62$1300.00%+34+121.4%Added
TD Waterhouse Canada Inc.50$1140.00%00.0%Unchanged
National Bank of Canada51$1100.00%+22+75.9%Added
Global Retirement Partners, LLC33$690.00%00.0%Unchanged
Harbour Investments, Inc.16$340.00%−50−75.8%Reduced
Advisor Group Holdings, Inc.16$340.00%00.0%Unchanged
UBS Group AG10$210.00%−22,654−100.0%Reduced
Truvestments Capital LLC8$170.00%00.0%Unchanged
US Bancorp6$130.00%00.0%Unchanged
Royal Bank of Canada8$00.00%−662−98.8%Reduced
CWM, LLC75$00.00%00.0%Unchanged
HRT Financial LP0$00.00%−209,114−100.0%Sold out
GeoSphere Capital Management, LLC0$00.00%−150,000−100.0%Sold out
XTX Topco Ltd0$00.00%−85,352−100.0%Sold out
Cambridge Investment Research Advisors, Inc.0$00.00%−27,808−100.0%Sold out
Financial Management Professionals, Inc.0$00.00%−500−100.0%Sold out
Total Wealth Planning & Management, Inc.––––Not filed