| 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 | +$34,951 | $4.31 | 7 |
| 2025 Q3 | 46,533,069 | $97,764,578 | +$7,793,839 | $2.10 | 64 |
| 2025 Q2 | 45,287,703 | $61,149,416 | -$8,997,902 | $1.35 | 61 |
| 2025 Q1 | 51,055,008 | $79,288,408 | +$12,154,087 | $1.55 | 60 |
| 2024 Q4 | 43,869,083 | $50,731,818 | +$4,044,081 | $1.16 | 48 |
| 2024 Q3 | 37,928,681 | $18,508,510 | +$3,228,038 | $0.48 | 45 |
| 2024 Q2 | 31,413,119 | $15,967,714 | +$1,646,095 | $0.51 | 39 |
| 2024 Q1 | 28,179,471 | $14,077,510 | +$699,131 | $0.50 | 47 |
| 2023 Q4 | 26,751,423 | $11,521,930 | -$500,459 | $0.43 | 41 |
| 2023 Q3 | 27,556,306 | $13,497,336 | -$360,010 | $0.49 | 43 |
| 2023 Q2 | 28,247,580 | $16,676,377 | -$230,305 | $0.59 | 39 |
| 2023 Q1 | 28,736,931 | $15,311,392 | -$1,540,458 | $0.53 | 42 |
| 2022 Q4 | 31,616,731 | $17,365,398 | +$1,211,056 | $0.55 | 41 |
| 2022 Q3 | 32,409,372 | $16,995,376 | -$506,172 | $0.60 | 25 |
| 2022 Q2 | 32,723,959 | $21,876,183 | -$1,451,274 | $0.76 | 30 |
| 2022 Q1 | 34,356,353 | $32,040,032 | -$2,662,093 | $1.05 | 36 |
| 2021 Q4 | 36,661,001 | $54,202,311 | -$2,001,680 | $1.65 | 37 |
| 2021 Q3 | 36,992,313 | $63,247,915 | -$1,780,854 | $1.85 | 34 |
| 2021 Q2 | 36,645,337 | $87,828,677 | -$924,499 | $2.51 | 42 |
| 2021 Q1 | 35,479,976 | $76,448,214 | -$16,828,672 | $2.14 | 42 |
| 2020 Q4 | 43,243,762 | $86,492,874 | -$2,237,744 | $2.00 | 36 |
| 2020 Q3 | 45,635,153 | $81,401,586 | -$1,103,464 | $1.79 | 28 |
| 2020 Q2 | 46,201,963 | $91,912,966 | -$4,029,453 | $2.00 | 27 |
| 2020 Q1 | 48,089,035 | $65,219,051 | +$10,783,108 | $1.36 | 24 |
| 2019 Q4 | 50,820,945 | $131,984,819 | +$412,017 | $2.60 | 35 |
| 2019 Q3 | 53,124,620 | $87,920,113 | -$4,842,105 | $1.66 | 27 |
| 2019 Q2 | 55,724,535 | $163,920,183 | +$16,781,668 | $2.95 | 39 |
| 2019 Q1 | 50,427,769 | $123,937,179 | +$5,175,620 | $2.46 | 37 |
| 2018 Q4 | 48,444,826 | $83,729,257 | +$2,496,171 | $1.73 | 33 |
| 2018 Q3 | 46,859,046 | $93,632,690 | +$7,932,799 | $2.00 | 31 |
| 2018 Q2 | 1,400 | $3,000 | -$41,000 | $2.25 | 2 |
| 2018 Q1 | 33,159,213 | $42,043,758 | +$3,045,089 | $1.27 | 27 |
| 2017 Q4 | 30,783,596 | $33,518,629 | +$70,478 | $1.09 | 27 |
| 2017 Q3 | 29,564,956 | $27,901,413 | +$3,747,419 | $0.94 | 22 |
| 2017 Q2 | 25,636,044 | $16,231,917 | +$1,123,248 | $0.63 | 19 |
| 2017 Q1 | 24,949,911 | $13,657,369 | -$13,352 | $0.55 | 20 |
| 2016 Q4 | 24,962,457 | $12,594,209 | +$355,620 | $0.50 | 19 |
| 2016 Q3 | 23,200,083 | $12,698,169 | +$12,697,760 | $0.55 | 14 |
| 2016 Q2 | 116 | $58 | $0 | $0.50 | 1 |
| 2016 Q1 | 116 | $44 | $0 | $0.38 | 1 |