Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Trilogy Metals Inc New (TMQ)

147 + Investors. Track Smart Money conviction in TMQ. See who's accumulating, reducing, or initiating positions.

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↑ +23
Streak
7Q ▲
Buyers last Q
69%

Smart Money Signals — TMQ

Based on 147 hedge funds · latest filing: 2026 Q1 · updated quarterly

📈

Buying streak — 7 quarters in a row

last 6Q
For 7 consecutive quarters, more hedge funds added TMQ than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.
🏔️

At the ownership peak (100% of max)

100% of all-time peak
147 hedge funds hold TMQ right now — the highest count in 3.0 years. When ownership is this concentrated, any bad news can trigger a chain reaction: one big fund sells, others follow. This is a classic 'crowded trade' — high popularity doesn't equal safety.
🚀

Fast accumulation — +145% more funds vs a year ago

fund count last 6Q
+87 new funds entered over the past year (+145% YoY). That's a rapid rush of institutional money. Fast accumulation often signals a major thesis — but it also means the stock could fall quickly if that thesis breaks.
🟢

More buyers than sellers — 69% buying

95 buying43 selling
Last quarter: 95 funds were net buyers (44 opened a brand new position + 51 added to an existing one). Only 43 were sellers (22 trimmed + 21 sold completely). A clear majority buying is a strong confirmation signal.
⚠️

Fewer new buyers each quarter (-31 vs last Q)

new funds entering per quarter
Funds opening this position for the first time: 12 → 10 → 75 → 44. Each quarter fewer new institutions are entering. This usually means most funds that wanted in are already in — the stock is well-known but the pool of potential new buyers is shrinking.
📌

Mixed — 27% long-term, 62% new

■ 27% conviction (2yr+) ■ 12% medium ■ 62% new
Of the 147 current holders: 39 (27%) held >2 years, 17 held 1–2 years, and 91 entered in the last year. A mixed base — the stock has long-term believers but also recent buyers who haven't been tested by a downturn yet.
💎

Buying through price weakness — shares -3%, value -19%

Value
-19%
Shares
-2%
Last quarter: funds added -3% more shares while total portfolio value only changed -19%. Institutions were buying while the price was falling — a high-conviction accumulation signal. They're deliberately loading up on the dip.
🚀

Acceleration phase — new buyers rushing in

16 → 12 → 10 → 75 → 44 new funds/Q
New funds entering each quarter: 12 → 10 → 75 → 44. The pace of institutional discovery is accelerating sharply. This is the 'hot idea' phase — the thesis is being passed from fund to fund. You are not late — the accumulation wave is still building.
🌱

Early stage — 64% of holders entered in last year

■ 31% veterans ■ 5% 1-2yr ■ 64% new
Of 154 current holders: 99 (64%) entered in the past year, only 48 (31%) are 2+ year veterans. This is an early-phase institutional idea — still being discovered. High upside potential if the thesis plays out, but thin conviction base.
📋

Smaller funds dominant — 11% AUM from top-100

11% from top-100 AUM funds
33 of 147 holders rank in the top 100 by AUM, but together hold only 11% of total institutional value. The stock is held primarily by smaller and mid-sized funds.
6.5
out of 10
Moderate Exit Risk
Exit risk score 6.5/10 — some crowding factors present, but no critical concentration. Watch ownership trend over the next 1–2 quarters for direction.

Methodology note: these Smart Money cards use consecutive 13F disclosure snapshots, not trade-by-trade execution data. "Buying", "selling", "new holders", and "trimmed" refer to quarter-over-quarter changes in reported holders, aggregate shares, or disclosed position values between filings. They are useful for ownership regime analysis and crowding, but they do not imply exact trade timing on the filing date.

Institutional Sentiment Summary — TMQ

In 2026 Q1, 95 hedge funds were net buyers of TMQ (44 opened a new position, 51 added to an existing one), while 43 reduced or exited (22 trimmed, 21 sold completely) — a 69% buyer ratio, indicating clear institutional accumulation. This marks 7 consecutive quarters of net institutional buying — a persistent conviction signal. Net fund flow last quarter: +23 funds (more new holders than closures). Total institutional holders: 147.

Hedge Fund Ownership: TMQ

How many hedge funds hold TMQ — quarterly history vs. share price
Quarterly hedge fund ownership of TMQ vs. share price

Market Analysis: TMQ

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: TMQ

-- --

Institutional ownership data sourced from SEC EDGAR Form 13F-HR filings.

Is It Too Late to Buy Trilogy Metals Inc New (TMQ) Based on Hedge Fund 13F Filings?

Signal Freshness measures how much TMQ has moved relative to its sector benchmark (SPY) since the 2026 Q1 13F filing. A stock that has barely outrun its sector is still a relatively fresh entry point — the fund's thesis has not yet been priced in by the broader market.

Since Quarter End March 31, 2026 · 78d ago
TMQ
+9.2%
SPY
+15.9%

TMQ outperformed SPY by -6.7% since March 31, 2026.

Since 13F Filing Date May 15, 2026 · 33d ago
TMQ
-4.9%
SPY
+2.0%

Since the filing became public, TMQ outperformed SPY by -6.9% .

Interpretation: The stock is tracking its sector benchmark closely. The signal remains fresh and the entry point is still near the fund's implied reference. Learn more →

Smart Money Signal ?
Limited Smart Money Interest

No strong consensus or elite conviction detected among institutional holders.

12 top-rated funds 2 high-conviction
Consensus
4.8
/ 10
breadth
×
Elite
1.8
/ 10
conviction
Hedge Fund Positioning: TMQ
147 + Investors

Track Smart Money conviction in TMQ. See who's accumulating, reducing, or initiating positions.

Metric All 13F Filers (2026 Q1) Prior (2025 Q4) Change
Funds Holding 147 124 18.55%
13F Shares 72M 74M -2.74%
Total Value $259M $320M -19.14%
New Positions 44 75 -31
Increased Positions 48 25 +23
Closed Positions 21 15 +6
Reduced Positions 22 14 +8
Total Calls 6 6 -
Total Puts 3 3 -
PUT/CALL Ratio 0.5 0.5 Bullish

Statistics: TMQ

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Valuation Measures Data as of: --

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PEG Ratio (5yr expected) --
Price/Sales (ttm) --
Price/Book (mrq) --
Enterprise Value/Revenue --
Enterprise Value/EBITDA --
Beta (5Y Monthly) --
Short Ratio (Days to Cover) --
Short % of Float --

Financial Highlights

Profitability
Profit Margin --
Return on Assets (ttm) --
Return on Equity (ttm) --
Income Statement & Cash Flow
Revenue (ttm) --
Net Income Avi to Common (ttm) --
Diluted EPS (ttm) --
Total Cash (mrq) --
Total Debt/Equity (mrq) --
Levered Free Cash Flow (ttm) --

Institutional Holders (2026 Q1)

147 + investors

Explore institutional interest and hedge fund ownership dynamics. Analyze portfolio weights, new positions, and conviction trends in TMQ. Verified SEC 13F-HR filings.

QUARTER:
Top 25 TMQ holders by conviction (% of portfolio weight) — 2026 Q1 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Electrum Group LLC 10.48% 31,604,741 $113.5M
2 TSP Capital Management Group, LLC 5.92% 6,754,500 $24.2M
3 Old West Investment Management, LLC 1.83% 4,701,712 $16.9M
4 Goehring & Rozencwajg Associates, LLC 0.33% 1,728,153 $6.2M
5 Rangeley Capital, LLC 0.30% 87,000 $312K
6 Targeted Financial Services LLC 0.15% 51,302 $184K
7 Legacy Capital Group California, Inc. 0.14% 103,311 $371K
8 Total Wealth Planning & Management, Inc. 0.12% 46,520 $167K
9 Osbon Capital Management LLC 0.09% 31,437 $113K
10 Legacy Capital Wealth Management, LLC 0.09% 44,107 $158K
11 Fore Capital, LLC 0.08% 35,000 $126K
12 Tidal Investments LLC 0.08% 9,933,197 $35.7M
13 Scientech Research LLC 0.07% 24,304 $87K
14 DLD Asset Management, LP 0.07% 200,000 $716K
15 EntryPoint Capital, LLC 0.03% 33,126 $119K
16 Alps Advisors Inc 0.03% 1,860,743 $6.7M
17 McGowan Group Asset Management, Inc. 0.02% 40,441 $145K
18 WINTON GROUP Ltd 0.02% 143,900 $517K
19 Walleye Capital LLC 0.01% 945,678 $3.4M
20 Jump Financial, LLC 0.01% 278,739 $1.0M
21 Sprott INC. 0.01% 121,113 $435K
22 Cypress Wealth Services, LLC 0.01% 21,100 $76K
23 Pettinga Financial Advisors LLC 0.01% 15,221 $55K
24 Silverlake Wealth Management LLC 0.01% 12,244 $44K
25 IPG Investment Advisors LLC 0.01% 14,850 $53K
Investor Ownership
History 		% of Portfolio Prev % Rank Conviction Avg Buy Price 13F Score™ 3Y / 7Y Sell Timing Shares Mkt Value Change Change % Source Quarter Filed

Frequently Asked Questions — Trilogy Metals Inc New (TMQ)

What does the Smart Money Trend signal show for TMQ?

Buying streak — 7 quarters in a row: For 7 consecutive quarters, more hedge funds added TMQ than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.

What is the institutional breadth score for TMQ?

More buyers than sellers — 69% buying: Last quarter: 95 funds were net buyers (44 opened a brand new position + 51 added to an existing one). Only 43 were sellers (22 trimmed + 21 sold completely). A clear majority buying is a strong confirmation signal.

What is the fund quality score for TMQ holders?

Smaller funds dominant — 11% AUM from top-100: 33 of 147 holders rank in the top 100 by AUM, but together hold only 11% of total institutional value. The stock is held primarily by smaller and mid-sized funds.

How long have hedge funds held TMQ?

Mixed — 27% long-term, 62% new: Of the 147 current holders: 39 (27%) held >2 years, 17 held 1–2 years, and 91 entered in the last year. A mixed base — the stock has long-term believers but also recent buyers who haven't been tested by a downturn yet.

Is it too late to buy Trilogy Metals Inc New (TMQ) following the 2026 Q1 hedge fund 13F filings?

As of today, TMQ has moved -4.9% since the 2026 Q1 13F filing date (May 15, 2026), compared to +2.0% for the SPY sector ETF — an outperformance of -6.9%. Since the quarter end (March 31, 2026), TMQ has gained +9.2% vs +15.9% for SPY. The stock is tracking its sector benchmark closely. The signal remains fresh and the entry point is still near the fund's implied reference.

Where does this institutional ownership data come from?

All holdings data is sourced from SEC Form 13F filings, which institutional investment managers with over $100 million in assets are required to submit quarterly. Data is parsed directly from SEC EDGAR.

Disclaimer: The information on this page is for informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any security. Institutional holdings data is sourced from SEC Form 13F filings and reflects positions as of the filing date. Past performance of any fund or portfolio is not indicative of future results. 13Foresight is not a registered investment adviser. Always conduct your own due diligence before making investment decisions.

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