| Filer | Ownership | Change % | Holdings Value | Net Change | Nb Shares | Change % | Reporting Name | Report Period |
|---|---|---|---|---|---|---|---|---|
| Electrum Group LLC | 18% | $126,102,917 | 31,604,741 | Electrum Strategic Opportunities Fund L.P. | 26 Dec 2025 | |||
| Giardini Tony | 5% | $17,155,175 | 8,169,131 | Tony Giardini | 01 Mar 2024 |
As of 30 Sep 2025, 64 institutional investors reported holding 46,533,069 shares of Trilogy Metals Inc. - Common Shares (TMQ). This represents 27% of the company’s total 170,836,438 outstanding shares.
The largest institutional shareholders of Trilogy Metals Inc. - Common Shares (TMQ) together control 27% of the company’s outstanding shares — a level of ownership often associated with strong institutional conviction and long‑term capital commitment.
| Institution | Ownership % | Shares Held | Share Change % | Portfolio % | Holdings Value |
|---|---|---|---|---|---|
| PAULSON & CO. INC. | 8.4% | 14,326,996 | 0% | 1% | $30,086,692 |
| Old West Investment Management, LLC | 7.1% | 12,165,552 | +9.7% | 5.9% | $25,547,659 |
| TSP Capital Management Group, LLC | 3.9% | 6,715,000 | 3.8% | $14,101,500 | |
| Tidal Investments LLC | 2.1% | 3,625,129 | +33% | 0.03% | $7,612,771 |
| Goehring & Rozencwajg Associates, LLC | 0.78% | 1,338,321 | +4.6% | 0.34% | $2,845,347 |
| ENVESTNET ASSET MANAGEMENT INC | 0.59% | 1,013,517 | +80% | 0% | $2,128,386 |
| Bornite Capital Management LP | 0.59% | 1,000,000 | 0% | 0.19% | $2,100,000 |
| WEXFORD CAPITAL LP | 0.42% | 714,350 | -79% | 0.45% | $1,500,140 |
| DLD Asset Management, LP | 0.35% | 594,000 | +98% | 0.16% | $1,247,400 |
| Alyeska Investment Group, L.P. | 0.29% | 500,000 | 0% | $1,050,000 | |
| JANE STREET GROUP, LLC | 0.26% | 449,046 | +294% | 0% | $942,996 |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE | 0.24% | 404,099 | -19% | 0% | $859,661 |
| MILLENNIUM MANAGEMENT LLC | 0.24% | 401,668 | +25% | 0% | $843,551 |
| ALPS ADVISORS INC | 0.23% | 385,461 | +42% | 0% | $809,468 |
| TWO SIGMA INVESTMENTS, LP | 0.19% | 326,721 | +52% | 0% | $686,114 |
| CITADEL ADVISORS LLC | 0.17% | 291,760 | +18% | 0% | $612,696 |
| Legacy Capital Group California, Inc. | 0.17% | 283,246 | +27% | 0.15% | $594,817 |
| RENAISSANCE TECHNOLOGIES LLC | 0.14% | 243,500 | +48% | 0% | $511,350 |
| SPROTT INC. | 0.13% | 217,599 | -73% | 0.02% | $456,958 |
| GAM Holding AG | 0.12% | 200,000 | 0.03% | $420,000 | |
| JPMORGAN CHASE & CO | 0.12% | 197,380 | -3.6% | 0% | $414,498 |
| GOLDMAN SACHS GROUP INC | 0.07% | 119,057 | +93% | 0% | $250,020 |
| BANK OF AMERICA CORP /DE/ | 0.07% | 118,047 | -3.3% | 0% | $247,899 |
| Rangeley Capital, LLC | 0.05% | 87,000 | 0% | 0.18% | $182,700 |
| TWO SIGMA ADVISERS, LP | 0.05% | 83,500 | -1.9% | 0% | $175,350 |
| Period | Reported Shares, Excl. Options | Value, Excl. Options | Value Change | Price (Median) | Investors |
|---|---|---|---|---|---|
| 2025 Q4 | 47,549 | $204,937 | +$34,952 | $4.31 | 7 |
| 2025 Q3 | 46,533,069 | $97,764,578 | +$7,793,810 | $2.10 | 64 |
| 2025 Q2 | 45,287,703 | $61,149,416 | -$8,997,875 | $1.35 | 61 |
| 2025 Q1 | 51,055,008 | $79,288,408 | +$12,154,066 | $1.55 | 60 |
| 2024 Q4 | 43,909,132 | $50,778,273 | +$4,083,019 | $1.16 | 50 |
| 2024 Q3 | 37,934,681 | $18,511,414 | +$3,228,036 | $0.48 | 46 |
| 2024 Q2 | 31,419,119 | $15,970,768 | +$1,647,875 | $0.51 | 40 |
| 2024 Q1 | 28,181,971 | $14,078,760 | +$699,430 | $0.50 | 48 |
| 2023 Q4 | 26,754,406 | $11,523,210 | -$489,735 | $0.43 | 44 |
| 2023 Q3 | 27,556,789 | $13,497,572 | -$358,795 | $0.49 | 45 |
| 2023 Q2 | 28,279,549 | $16,695,644 | -$224,228 | $0.59 | 42 |
| 2023 Q1 | 28,758,873 | $15,323,551 | -$1,535,976 | $0.53 | 44 |
| 2022 Q4 | 31,623,944 | $17,369,562 | -$1,445,459 | $0.55 | 44 |
| 2022 Q3 | 32,410,689 | $19,652,890 | +$312,864 | $0.61 | 27 |
| 2022 Q2 | 20,390,927 | $15,469,190 | -$937,059 | $0.78 | 21 |
| 2022 Q1 | 34,358,001 | $36,059,335 | -$2,653,985 | $1.05 | 38 |
| 2021 Q4 | 36,683,813 | $60,545,508 | -$773,668 | $1.65 | 39 |
| 2021 Q3 | 36,006,299 | $66,621,784 | +$320,525 | $1.85 | 34 |
| 2021 Q2 | 35,737,527 | $89,699,765 | +$3,751,760 | $2.51 | 41 |
| 2021 Q1 | 34,572,666 | $73,997,862 | -$16,828,995 | $2.14 | 42 |
| 2020 Q4 | 43,244,412 | $86,494,495 | -$2,586,690 | $2.00 | 36 |
| 2020 Q3 | 45,661,819 | $81,798,803 | -$1,014,116 | $1.79 | 32 |
| 2020 Q2 | 46,223,280 | $92,254,292 | -$3,729,915 | $2.00 | 29 |
| 2020 Q1 | 48,089,368 | $65,220,444 | +$10,782,458 | $1.36 | 26 |
| 2019 Q4 | 50,840,524 | $132,036,643 | +$409,936 | $2.60 | 40 |
| 2019 Q3 | 53,154,717 | $87,971,627 | -$4,822,371 | $1.66 | 33 |
| 2019 Q2 | 55,725,550 | $163,924,127 | +$16,748,237 | $2.95 | 42 |
| 2019 Q1 | 50,434,602 | $123,953,962 | +$5,183,554 | $2.46 | 39 |
| 2018 Q4 | 48,456,633 | $83,749,798 | +$2,567,541 | $1.73 | 36 |
| 2018 Q3 | 46,863,327 | $93,642,315 | +$2,753,377 | $2.00 | 36 |
| 2018 Q2 | 45,532,987 | $80,993,654 | +$22,012,197 | $1.78 | 32 |
| 2018 Q1 | 33,170,910 | $42,060,151 | +$3,043,312 | $1.27 | 32 |
| 2017 Q4 | 30,796,420 | $33,534,940 | +$254,363 | $1.09 | 31 |
| 2017 Q3 | 4,262,626 | $4,292,294 | +$2,965,634 | $1.21 | 9 |
| 2017 Q2 | 25,646,609 | $16,240,115 | +$1,105,950 | $0.63 | 22 |
| 2017 Q1 | 24,946,027 | $13,656,653 | -$12,706 | $0.55 | 21 |
| 2016 Q4 | 24,972,636 | $12,600,209 | +$355,895 | $0.50 | 23 |
| 2016 Q3 | 23,204,169 | $12,700,169 | +$12,700,111 | $0.55 | 16 |
| 2016 Q2 | 116 | $58 | $0.50 | 1 | |
| 2016 Q1 | 116 | $44 | $0.38 | 1 |