TORM plc

TRMD

Exchange: Nasdaq
Industry: Deep Sea Foreign Transportation of Freight
SEC CIK: 0001655891

SEC filings (opens in a new tab)

In the last 90 days, TORM plc insiders filed 1 open-market purchase and 1 sale; 152 institutions reported holding it in 13F filings for Q2 2026, worth $1.16B in total; Oaktree Capital is the only superinvestor holding it.

Key figures

Market capADS ratio not in SEC data: –
Insider buysOpen market, last 90 days: 1
Insider sellsLast 90 days, $1.64M in total: 1
13F holdersQ2 2026, +13 vs. previous quarter: 152
13F valueReported value at the end of Q2 2026: $1.16B
Superinvestors holdingAt the end of Q2 2026: 1

Price chart

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Financials

See financial statements

From SEC filings, in USD.

Revenue, FY2025: $1.34B; −14.1% year over year
Net income, FY2025: $286.0M; −53.2% year over year
Free cash flow, FY2025: $190.4M; −22.1% year over year

Revenue flow, FY2025

Green is profit; orange is costs, expenses and taxes. Percentages are shares of revenue.

Short interest

See short data

From FINRA, settlement date Oct 30, 2026.

Short interest: 1.13M; Shares sold short
Change: +468.8K; +71.4% vs. previous
Days to cover: 1.00; At average daily volume

Superinvestors holding TRMD, Q2 2026

Go to the superinvestors tab

1 superinvestor reports holding TORM plc on Form 13F. Percentages are the stock's share of each portfolio.

Oaktree Capital

Howard Marks

9.9%

TORM plc's share of the portfolio

Shares: 20,329,874
Value: $524.3M

Latest insider trades

See all insider trades

Open-market purchases and sales by TORM plc insiders from Form 4, newest first.

Insider trades
Filed (ET)	Trade date	Filing delay	Insider	Transaction	Shares	Avg price	Value	Holding change	Flags
Sep 24, 2026 (view filing)8:48 AM ET	Sep 18-22	6 daysLate	Balle KimChief Financial Officer	SSaleClass A Common Shares	−42.5K	$38.63	−$1.64M	−98.8%510 after	3 lots
Aug 28, 2026 (view filing)4:05 PM ET	Aug 27	1 day	Balle KimChief Financial Officer	PPurchaseClass A Common Shares	+254	–	–	New position254 after
May 20, 2026 (view filing)	May 18-20	2 days	Meldgaard Jacob BalslevChief Executive Officer	SSaleClass A Common Shares	−549.1K	$32.05	−$17.6M	−100.0%0 after	3 lots

Top 10 13F holders, Q2 2026

See all 152 holders

The largest institutional positions in TORM plc at the end of Q2 2026; share changes are against Q1 2026.

Institutions holding TRMD in Q2 2026
Institution	Shares	Value	% of portfolio	Change in shares	Action
Oaktree Capital Management LPSuperinvestorOaktree Capital	20,329,874	$524.3M	9.87%	−3,509,701−14.7%	Reduced
Arrowstreet Capital, Limited Partnership	3,106,402	$80.6M	0.04%	+42,144+1.4%	Added
Vanguard Capital Management LLC	1,987,605	$51.3M	0.00%	+144,298+7.8%	Added
Acadian Asset Management LLC	1,540,981	$40.1M	0.05%	+403,096+35.4%	Added
JPMorgan Chase & Co	1,520,064	$40.0M	0.00%	+396,751+35.3%	Added
Barclays PLC	1,512,155	$39.4M	0.01%	+841,784+125.6%	Added
Norges Bank	1,239,232	$31.9M	0.00%	+1,239,232	New
D. E. Shaw & Co., Inc.	1,132,130	$29.5M	0.02%	+529,237+87.8%	Added
Susquehanna International Group, LLP	991,554	$25.8M	0.02%	+975,026+5,899.2%	Added
CastleKnight Management LP	949,724	$24.7M	0.90%	+517,428+119.7%	Added

Holders of 5% or more of TRMD

See all 2 holders and filings

Holders whose latest Schedule 13D or 13G filing reports 5% or more of TORM plc.

Largest holders of TRMD from 13D and 13G filings
Holder	Latest form	Stake	Change	First filed	Latest filing	Filing
Oaktree Capital Group Holdings GP, LLC	13D/A	19.86%20.3M shares	−3.53 ppfrom 23.39%	Apr 26, 202318 filings	Jun 23, 2026	SEC
Hafnia Ltd	13D/A	19.85%20.4M shares	+1.63 ppfrom 18.22%	Dec 22, 20253 filings	Sep 25, 2026	SEC