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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, Q1 2026

Institutional positions in Trilogy Metals Inc. as of Mar 31, 2026. 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
147
+26 vs. Q4 2025
Shares held
63.0M
−1.73M (−2.7%) vs. Q4 2025
Total value
$250.4M
−$57.6M (−18.7%) vs. Q4 2025
New holders
42
48 more added
Sold out
16
19 more reduced

4 institutions that held it in Q4 2025 haven't filed for Q1 2026 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q4 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 holdersQ1 2026: 147 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 heldQ1 2026: $250.4M
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, Q1 2026

Shares, value and share of portfolio for each institution holding Trilogy Metals Inc.; share changes are against Q4 2025.

Institutions holding TMQ in Q1 2026
InstitutionSharesValue% of portfolioChange in sharesAction
Electrum Group LLC31,604,741$113.5M10.48%00.0%Unchanged
Toroso Investments, LLC9,933,197$35.7M0.11%−8,819,243−47.0%Reduced
TSP Capital Management Group, LLC–$24.2M5.92%––
Old West Investment Management, LLC4,701,712$16.9M1.83%+22,625+0.5%Added
Alps Advisors Inc1,860,743$6.68M0.03%+1,186,347+175.9%Added
Goehring & Rozencwajg Associates, LLC1,728,153$6.22M0.33%+319,949+22.7%Added
Marshall Wace, LLP1,628,887$5.85M0.01%+1,564,230+2,419.3%Added
Jane Street Group, LLC982,081$3.53M0.00%+40,189+4.3%Added
Envestnet Asset Management Inc973,854$3.50M0.00%+48,114+5.2%Added
Walleye Capital LLC945,678$3.39M0.02%+691,267+271.7%Added
Two Sigma Investments, LP545,070$1.96M0.00%+219,979+67.7%Added
Goldman Sachs Group Inc459,280$1.65M0.00%+299,366+187.2%Added
Morgan Stanley459,275$1.65M0.00%+260,845+131.5%Added
BlackRock, Inc.407,333$1.46M0.00%+124,749+44.1%Added
Toronto Dominion Bank395,469$1.42M0.00%+395,061+96,828.7%Added
Bank of America Corp384,732$1.38M0.00%+27,404+7.7%Added
Susquehanna International Group, LLP345,139$1.24M0.00%−310,832−47.4%Reduced
Point72 Asset Management, L.P.343,041$1.23M0.00%+201,141+141.7%Added
Citadel Advisors LLC308,691$1.11M0.00%+292,647+1,824.0%Added
Bank of Montreal284,211$1.02M0.00%+284,211New
Jump Financial, LLC278,739$1.00M0.01%+264,704+1,886.0%Added
Manufacturers Life Insurance Company, The274,442$987.5K0.00%+29,003+11.8%Added
Rockefeller Capital Management L.P.250,966$901.0K0.00%+163,917+188.3%Added
State Street Corp233,289$837.5K0.00%+64,751+38.4%Added
Swiss National Bank212,100$761.4K0.00%00.0%Unchanged
Private Advisor Group, LLC203,800$731.6K0.00%+203,800New
UBS Group AG185,749$666.8K0.00%+114,441+160.5%Added
TD Asset Management Inc162,925$584.9K0.00%+27,037+19.9%Added
UBS Asset Management Americas Inc151,974$545.6K0.00%+151,974New
Winton Group Ltd143,900$516.6K0.02%+127,910+799.9%Added
Sprott Inc.121,113$434.8K0.01%−14,453−10.7%Reduced
Mackenzie Financial Corp109,350$393.8K0.00%+12,651+13.1%Added
Millennium Management LLC104,205$374.5K0.00%−224,241−68.3%Reduced
Legacy Capital Group California, Inc.103,311$370.9K0.14%−71,338−40.8%Reduced
California State Teachers Retirement System96,400$346.1K0.00%00.0%Unchanged
IMC-Chicago, LLC95,257$342.0K0.01%+46,174+94.1%Added
Rangeley Capital, LLC87,000$312.3K0.34%00.0%Unchanged
Zurcher Kantonalbank (Zurich Cantonalbank)86,789$311.6K0.00%+26,112+43.0%Added
Northern Trust Corp78,781$282.8K0.00%+43,706+124.6%Added
HighTower Advisors, LLC76,118$273.3K0.00%+76,118New
Vanguard Asset Management, Ltd70,866$255.2K0.00%+70,866New
Balyasny Asset Management LLC60,464$217.1K0.00%+60,464New
LPL Financial LLC56,654$203.4K0.00%+2,148+3.9%Added
Legal & General Group Plc52,590$188.5K0.00%−34,605−39.7%Reduced
Janus Henderson Group PLC51,800$185.7K0.00%00.0%Unchanged
Targeted Financial Services LLC51,302$184.2K0.15%00.0%Unchanged
Total Wealth Planning & Management, Inc.46,520$167.0K0.13%+1,300+2.9%Added
SummitTX Capital, L.P.46,300$166.2K0.01%+46,300New
Wiley Bros.-Aintree Capital, LLC44,923$161.3K0.00%+5,057+12.7%Added
Legacy Capital Wealth Management, LLC44,107$158.3K0.09%+1,000+2.3%Added
Pensionmark Financial Group, LLC42,408$152.3K0.00%+42,408New
Chicago Partners Investment Group LLC32,123$147.8K0.00%+32,123New
McGowan Group Asset Management, Inc.40,441$145.2K0.02%+40,441New
Cambridge Investment Research Advisors, Inc.36,359$131.0K0.00%−6,591−15.3%Reduced
Advisor Group Holdings, Inc.35,479$127.3K0.00%+12,794+56.4%Added
Fore Capital, LLC35,000$125.7K0.29%+35,000New
EntryPoint Capital, LLC33,126$118.9K0.03%+33,126New
Osbon Capital Management LLC31,437$112.9K0.09%00.0%Unchanged
AQR Capital Management LLC31,235$112.1K0.00%+31,235New
KLP Kapitalforvaltning AS31,000$111.3K0.00%00.0%Unchanged
Arizona State Retirement System29,603$106.3K0.00%−320−1.1%Reduced
Vanguard Investments Australia, Ltd.28,432$102.4K0.00%+28,432New
Dimensional Fund Advisors LP27,514$98.8K0.00%00.0%Unchanged
Raymond James Financial Inc26,361$94.6K0.00%+5,346+25.4%Added
Royal Bank of Canada25,742$92.0K0.00%+21,273+476.0%Added
DRW Securities, LLC25,081$90.0K0.00%+25,081New
Stifel Financial Corp24,850$89.2K0.00%−775−3.0%Reduced
Scientech Research LLC24,304$87.3K0.07%+3,678+17.8%Added
RSM US Wealth Management LLC22,500$80.8K0.00%00.0%Unchanged
Citigroup Inc21,999$79.0K0.00%−2,042−8.5%Reduced
Cypress Wealth Services, LLC21,100$75.7K0.01%00.0%Unchanged
Parallel Advisors, LLC20,325$73.0K0.00%00.0%Unchanged
Los Angeles Capital Management LLC20,007$71.8K0.00%+20,007New
Pathstone Holdings, LLC20,000$71.8K0.00%00.0%Unchanged
Pictet Asset Management Holding SA19,576$70.3K0.00%00.0%Unchanged
HSBC Holdings PLC19,284$67.7K0.00%+19,284New
AlTi Global, Inc.18,715$67.2K0.00%+18,715New
XTX Topco Ltd17,629$63.3K0.00%+17,629New
Cetera Investment Advisers16,646$59.8K0.00%+4,043+32.1%Added
Squarepoint Ops LLC16,362$58.7K0.00%+16,362New
Captrust Financial Advisors15,625$56.1K0.00%+2,369+17.9%Added
PFG Investments, LLC15,265$54.8K0.00%+15,265New
Pettinga Financial Advisors, LLC15,221$54.6K0.01%−12−0.1%Reduced
JBF Capital, Inc.14,932$53.6K0.01%+14,932New
IPG Investment Advisors LLC14,850$53.3K0.01%00.0%Unchanged
MAI Capital Management14,820$53.2K0.00%+20+0.1%Added
American Century Companies Inc13,546$48.8K0.00%+3,252+31.6%Added
Brown Brothers Harriman & Co13,350$47.9K0.00%+13,350New
Wealth Enhancement Advisory Services, LLC12,514$47.2K0.00%+12,514New
PEAK6 LLC12,499$44.9K0.00%+12,499New
Silverlake Wealth Management LLC12,244$44.0K0.01%00.0%Unchanged
Commonwealth Equity Services, LLC12,031$43.2K0.00%+12,031New
Exencial Wealth Advisors, LLC11,332$40.7K0.00%+11,332New
JPMorgan Chase & Co12,422$40.5K0.00%+12,376+26,904.3%Added
EP Wealth Advisors, LLC10,062$36.1K0.00%+10,062New
State of Wisconsin Investment Board10,057$36.1K0.00%+10,057New
Leonteq Securities AG10,000$35.9K0.00%00.0%Unchanged
Jones Financial Companies LLLP10,525$35.4K0.00%+2,643+33.5%Added
Barclays PLC8,270$29.7K0.00%+4,928+147.5%Added
AdvisorNet Financial, Inc7,837$28.1K0.00%00.0%Unchanged