Comparable stake leader
Electrum Group LLC
Top holders, 13D/G large-stake signals, insider positions, and transaction flow tied to CIK 0001543418.
Comparable stake leader
Electrum Group LLC
Disclosed value leader
Electrum Group LLC
Comparable rows
50/50
Latest evidence
31 Mar 2026
Ownership snapshot
Grouped by holder across the latest SEC ownership disclosures. Start with comparable ownership when available, then verify the linked 13F, 13D/G, or 3/4/5 evidence.
Quick read
50 of 50 rows have a safely comparable ownership percentage. Use this as a filing-backed starting point, then open the detailed table for source links, reporting role, position value, share count, and filing date.
Ownership % is shown only when SEC disclosures are safely comparable across share classes.
| Holder | Evidence | Ownership % | Position | 12M Net Δ | As of |
|---|---|---|---|---|---|
| Electrum Group LLC |
13D/G
13F
Electrum Strategic Opportunities Fund L.P. · Company
|
18%
|
$126,102,917
31,604,741 shares
|
$0 | 26 Dec 2025 |
| Tony Giardini |
3/4/5
13D/G
President & CEO, Director
|
5%
from 13D/G
|
$33,633,515
9,913,728 shares
mixed-class rows
|
— | 11 Dec 2025 |
| Thomas S. Kaplan |
3/4/5
10%+ Owner
|
18%
|
$126,102,916
31,604,741 shares
|
— | 26 Dec 2025 |
| Tidal Investments LLC |
13F
Company
|
5.8%
|
$35,660,178
9,933,197 shares
|
— | 31 Mar 2026 |
| Old West Investment Management, LLC |
13F
Company
|
2.8%
|
$16,879,146
4,701,712 shares
|
— | 31 Mar 2026 |
| ALPS ADVISORS INC |
13F
Company
|
1.1%
|
$6,680,067
1,860,743 shares
|
— | 31 Mar 2026 |
| Goehring & Rozencwajg Associates, LLC |
13F
Company
|
1%
|
$6,221,454
1,728,153 shares
|
— | 31 Mar 2026 |
| MARSHALL WACE, LLP |
13F
Company
|
0.95%
|
$5,847,704
1,628,887 shares
|
— | 31 Mar 2026 |
Rows are grouped by holder and ranked first by SEC-reported ownership % when it is safely comparable, then by disclosed holdings value. — indicates unavailable or non-comparable values; "mixed-class rows" means the latest filing spans non-comparable classes.
Forms 3/4/5 flow
Net insider flow leans to selling over the last 12 months. Net value: -$752,571.
| Window (months) | Buy shares | Sell shares | Buy value | Sell value | Net value |
|---|---|---|---|---|---|
| 0-3 | 0 | 50,000 | $0 | $222,000 | -$222,000 |
| 3-6 | 0 | 25,107 | $0 | $110,471 | -$110,471 |
| 6-9 | 0 | 70,000 | $0 | $333,100 | -$333,100 |
| 9-12 | 0 | 50,000 | $0 | $87,000 | -$87,000 |
Reporting owners
Showing 1-12 of 12 reporting-owner rows connected to Trilogy Metals Inc.. Open a relationship link for the CIK-to-CIK filing trail.
| Name | Relationship | Holdings Value | Past Year Net Change | Change % | Valuation | Report Date |
|---|---|---|---|---|---|---|
| Thomas S. Kaplan | 10%+ Owner | $126,102,916 | Mixed | 26 Dec 2025 | ||
| Tony Giardini | President & CEO, Director | $33,633,515 | Mixed | 11 Dec 2025 | ||
| Electrum Strategic Opportunities Fund L.P. | 10%+ Owner | $13,179,177 | Mixed | 25 Apr 2023 | ||
| Elaine Sanders | Vp & Cfo | $12,855,916 | Mixed | 11 Dec 2025 | ||
| South32 Ltd | 10%+ Owner | $7,754,245 | Mixed | 25 Apr 2023 | ||
| Gregory A. Lang | Director | $1,102,080 | -$333,100 | -23% | Mixed | 11 Dec 2025 |
| Janice Stairs | Director | $1,068,076 | Mixed | 11 Dec 2025 | ||
| William Beckwith Hayden | Director | $803,638 | Mixed | 11 Dec 2025 | ||
| James Gowans | Director | $491,496 | Mixed | 11 Dec 2025 | ||
| Diana J. Walters | Director | $363,674 | Median | 01 Jun 2026 | ||
| Kalidas Madhavpeddi V | Former Director | $192,714 | Mixed | 17 May 2023 | ||
| William I. Iggiagruk Hensley | Director | $82,277 | -$419,471 | -84% | Filing P/S | 08 May 2026 |
Showing up to 300 recent insider transactions from the last 12 months.
| Insider | Symbol | Class | Transaction | % | SEC-reported value | SEC-reported price | Shares | Shares owned | Date | Ownership |
|---|---|---|---|---|---|---|---|---|---|---|
| Diana J. Walters | TMQ | Deferred Share Units ("DSUs") | Award | 0.14% | 792 | 556,685 | 01 Jun 2026 | Direct | ||
| William I. Iggiagruk Hensley | TMQ | Common Shares | Sale | -73% | $222,000 | $4.44 | -50,000 | 18,531 | 08 May 2026 | Direct |
| William I. Iggiagruk Hensley | TMQ | Common Shares | Options Exercise | 269.8% | 50,000 | 68,531 | 08 May 2026 | Direct | ||
| William I. Iggiagruk Hensley | TMQ | Director Stock Options ("Right to Buy") | Options Exercise | -100% | -50,000 | 0 | 08 May 2026 | Direct | ||
| Diana J. Walters | TMQ | Common Shares | Options Exercise | 97.5% | 50,000 | 101,302 | 23 Apr 2026 | Direct | ||
| Diana J. Walters | TMQ | Director Stock Option (Right to Buy) | Options Exercise | -100% | -50,000 | 0 | 23 Apr 2026 | Direct | ||
| Diana J. Walters | TMQ | Deferred Share Units ("DSUs") | Award | 0.15% | 814 | 555,894 | 02 Mar 2026 | Direct | ||
| William I. Iggiagruk Hensley | TMQ | Common Shares | Sale | -57.5% | $110,471 | $4.40 | -25,107 | 18,531 | 26 Feb 2026 | Direct |
| Thomas Scott Kaplan | TMQ | Common Shares | Gift | -100% | -416,666 | 0 | 26 Dec 2025 | By spouse | ||
| Thomas Scott Kaplan | TMQ | Common Shares | Gift | -100% | -540,406 | 0 | 26 Dec 2025 | Direct | ||
| Elaine Sanders | TMQ | Common Shares | Options Exercise | 0.45% | 15,000 | 3,347,895 | 11 Dec 2025 | Direct | ||
| Elaine Sanders | TMQ | Restricted Stock Units | Options Exercise | -33.3% | -15,000 | 30,000 | 11 Dec 2025 | Direct | ||
| Elaine Sanders | TMQ | Restricted Stock Units | Award | 45,000 | 45,000 | 11 Dec 2025 | Direct | |||
| Elaine Sanders | TMQ | Employee Stock Option (Right to Buy) | Award | 260,000 | 260,000 | 11 Dec 2025 | Direct | |||
| Tony Giardini | TMQ | Common Shares | Options Exercise | 0.69% | 60,000 | 8,758,728 | 11 Dec 2025 | Direct | ||
| Tony Giardini | TMQ | Restricted Stock Units | Options Exercise | -33.3% | -60,000 | 120,000 | 11 Dec 2025 | Direct | ||
| Tony Giardini | TMQ | Restricted Stock Units | Award | 180,000 | 180,000 | 11 Dec 2025 | Direct | |||
| Tony Giardini | TMQ | Employee Stock Option (Right to Buy) | Award | 360,000 | 360,000 | 11 Dec 2025 | Direct | |||
| Diana J. Walters | TMQ | Director Stock Option (Right to Buy) | Award | 50,000 | 50,000 | 11 Dec 2025 | Direct | |||
| Janice Stairs | TMQ | Director Stock Option (Right to Buy) | Award | 65,000 | 65,000 | 11 Dec 2025 | Direct | |||
| Gregory A. Lang | TMQ | Director Stock Option (Right to Buy) | Award | 50,000 | 50,000 | 11 Dec 2025 | Direct | |||
| William I. Iggiagruk Hensley | TMQ | Director Stock Option ("Right to Buy") | Award | 50,000 | 50,000 | 11 Dec 2025 | Direct | |||
| William Beckwith Hayden | TMQ | Director Stock Option (Right to Buy) | Award | 50,000 | 50,000 | 11 Dec 2025 | Direct | |||
| James Gowans | TMQ | Director Stock Option (Right to Buy) | Award | 50,000 | 50,000 | 11 Dec 2025 | Direct | |||
| Elaine Sanders | TMQ | Restricted Stock Units | Award | 175,000 | 175,000 | 09 Dec 2025 | Direct | |||
| Elaine Sanders | TMQ | Common Shares | Options Exercise | 5.82% | 183,334 | 3,332,895 | 07 Dec 2025 | Direct | ||
| Elaine Sanders | TMQ | Restricted Stock Units | Options Exercise | 183,334 | 0 | 07 Dec 2025 | Direct | |||
| Tony Giardini | TMQ | Common Shares | Options Exercise | 4.4% | 366,668 | 8,698,728 | 07 Dec 2025 | Direct | ||
| Tony Giardini | TMQ | Restricted Stock Units | Options Exercise | -100% | -366,668 | 0 | 07 Dec 2025 | Direct | ||
| Gregory A. Lang | TMQ | Common Shares | Gift | -56.2% | -45,000 | 35,000 | 05 Dec 2025 | Direct | ||
| Gregory A. Lang | TMQ | Common Shares | Sale | -46.7% | $333,100 | $4.76 | -70,000 | 80,000 | 05 Dec 2025 | Direct |
| Gregory A. Lang | TMQ | Common Shares | Options Exercise | 50% | 50,000 | 150,000 | 05 Dec 2025 | Direct | ||
| Gregory A. Lang | TMQ | Employee Stock Option (Right to Buy) | Options Exercise | -100% | -50,000 | 0 | 05 Dec 2025 | Direct | ||
| Diana J. Walters | TMQ | Deferred Share Units ("DSUs") | Award | 0.62% | 3,429 | 555,080 | 01 Dec 2025 | Direct | ||
| Janice Stairs | TMQ | Deferred Share Units ("DSUs") | Award | 0.55% | 3,551 | 644,091 | 01 Dec 2025 | Direct | ||
| Gregory A. Lang | TMQ | Deferred Share Units ("DSUs") | Award | 0.51% | 3,123 | 614,032 | 01 Dec 2025 | Direct | ||
| William I. Iggiagruk Hensley | TMQ | Deferred Share Units ("DSUs") | Award | 0.61% | 3,123 | 517,469 | 01 Dec 2025 | Direct | ||
| William Beckwith Hayden | TMQ | Deferred Share Units ("DSUs") | Award | 0.59% | 2,816 | 483,209 | 01 Dec 2025 | Direct | ||
| James Gowans | TMQ | Deferred Share Units ("DSUs") | Award | 0.66% | 3,701 | 563,843 | 01 Dec 2025 | Direct | ||
| Tony Giardini | TMQ | Common Shares | Options Exercise | 15.6% | 1,123,400 | 8,332,060 | 16 Oct 2025 | Direct | ||
| Tony Giardini | TMQ | Employee Stock Options (Right to Buy) | Options Exercise | -100% | -900,000 | 0 | 16 Oct 2025 | Direct | ||
| Tony Giardini | TMQ | Employee Stock Option (Right to Buy) | Options Exercise | -100% | -223,400 | 0 | 16 Oct 2025 | Direct | ||
| James Gowans | TMQ | Common Shares | Sale | -29.9% | -100,000 | 234,046 | 16 Oct 2025 | Direct | ||
| James Gowans | TMQ | Common Shares | Options Exercise | 42.7% | 100,000 | 334,046 | 16 Oct 2025 | Direct | ||
| James Gowans | TMQ | Director Stock Option (Right to Buy) | Options Exercise | -100% | -100,000 | 0 | 16 Oct 2025 | Direct | ||
| Janice Stairs | TMQ | Common Shares | Sale | -9.05% | -50,613 | 508,608 | 09 Oct 2025 | Direct | ||
| Janice Stairs | TMQ | Common Shares | Options Exercise | 21.8% | 100,000 | 558,771 | 09 Oct 2025 | Direct | ||
| Janice Stairs | TMQ | Director Stock Option (Right to Buy) | Options Exercise | -100% | -100,000 | 0 | 09 Oct 2025 | Direct | ||
| Gregory A. Lang | TMQ | Common Shares | Sale | -32.1% | -119,181 | 252,000 | 09 Oct 2025 | Family Trust | ||
| Gregory A. Lang | TMQ | Common Shares | Sale | -33.3% | -50,000 | 100,000 | 09 Oct 2025 | Direct |