Vault-13

LARGO INC LGO

COM · Common Stock · CUSIP 517097101 · ISIN CA5170971017

41 institutional holders +6 vs Q1 2024
40,315,95140.3m shares reported held*
$81.2mreported value*
7 new 8 added 9 reduced 1 sold out net bought ≈ $201.9k (+109.1k shares)

* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once ($135 this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $2.01. Options: 4 managers hold calls ($119.1k notional), 5 hold puts ($62.3k).

Trends to Q2 2024

Institutional holders

Managers reporting a position, each quarter

0204060Q3 22: 55Q4 22: 47Q1 23: 44Q2 23: 45Q3 23: 43Q4 23: 41Q1 24: 35Q2 24: 4141Q3 22Q1 23Q3 23Q1 24Q2 24
Numbers
QuarterHolders
Q3 202255
Q4 202247
Q1 202344
Q2 202345
Q3 202343
Q4 202341
Q1 202435
Q2 202441

Buyers vs sellers

Managers adding to or starting a position, vs cutting or selling out

Bought or addedCut or sold out
40040Q4 22: 12 bought or addedQ4 22: 27 cut or sold outQ4 22Q1 23: 17 bought or addedQ1 23: 11 cut or sold outQ2 23: 16 bought or addedQ2 23: 12 cut or sold outQ2 23Q3 23: 13 bought or addedQ3 23: 18 cut or sold outQ4 23: 16 bought or addedQ4 23: 14 cut or sold outQ4 23Q1 24: 9 bought or addedQ1 24: 16 cut or sold outQ2 24: 15 bought or addedQ2 24: 10 cut or sold outQ2 24
Numbers
QuarterBought or addedCut or sold out
Q4 20221227
Q1 20231711
Q2 20231612
Q3 20231318
Q4 20231614
Q1 2024916
Q2 20241510

Calls vs puts

Options held, notional value, last 4 quarters. P/C = puts ÷ calls

CallsPuts
$0$50k$100k$150k$200kQ3 23 calls: $152.1kQ3 23 puts: $155.3kQ3 23P/C 1.02Q4 23 calls: $40.0kQ4 23 puts: $61.8kQ4 23P/C 1.55Q1 24 calls: $12.7kQ1 24 puts: $45.7kQ1 24P/C 3.60Q2 24 calls: $119.1kQ2 24 puts: $62.3kQ2 24P/C 0.52
Numbers
QuarterCallsPutsP/C
Q3 2023$152.1k$155.3k1.02
Q4 2023$40.0k$61.8k1.55
Q1 2024$12.7k$45.7k3.60
Q2 2024$119.1k$62.3k0.52

Biggest buyers

Herr Investment Group LLC New +200,025+200.0k
SPROTT INC. Added +86,400+86.4k
Cresset Asset Management, LLC New +50,000+50.0k
Banco BTG Pactual S.A. New +24,000+24.0k
UBS Group AG Added +11,201+11.2k
JANE STREET GROUP, LLC New +10,773+10.8k
CITADEL ADVISORS LLC Added +8,548+8.5k
SIMPLEX TRADING, LLC Added +7,462+7.5k
RENAISSANCE TECHNOLOGIES LLC Added +7,300+7.3k
GROUP ONE TRADING LLC Added +918+918

Biggest sellers

MORGAN STANLEY Reduced -84,713-84.7k
Russell Investments Group, Ltd. Reduced -75,865-75.9k
JPMORGAN CHASE & CO Reduced -65,942-65.9k
MILLENNIUM MANAGEMENT LLC Reduced -34,296-34.3k
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced -30,380-30.4k
BANK OF AMERICA CORP /DE/ Reduced -2,135-2.1k
ROYAL BANK OF CANADA Reduced -1,635-1.6k
TD Waterhouse Canada Inc. Reduced -1,500-1.5k
OSAIC HOLDINGS, INC. Reduced -1,200-1.2k
ROTHSCHILD INVESTMENT LLC Sold out -585-585

Biggest calls

SUSQUEHANNA INTERNATIONAL GROUP, LLP New $113.6k61.4k shares
CITADEL ADVISORS LLC Reduced $5.5k3.0k shares
CONCOURSE FINANCIAL GROUP SECURITIES, INC. Unchanged $00 shares
SIMPLEX TRADING, LLC Unchanged $0100 shares

Biggest puts

SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $52.5k28.4k shares
CITADEL ADVISORS LLC Unchanged $7.0k3.8k shares
SIMPLEX TRADING, LLC Unchanged $2.0k1.5k shares
GROUP ONE TRADING LLC Reduced $740400 shares
CONCOURSE FINANCIAL GROUP SECURITIES, INC. Unchanged $00 shares

Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.

Major shareholders (over 5%)

Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.

HolderStakeChangeShares Last filed
Arias Resource Capital GP Ltd. 13G · exempt (held before listing) filed 2026-02-11 43.1% 38.2m≈ $24.2m 2026-02-11
West Family Investments, Inc. 13G · passive investor filed 2025-11-12 5.2% 4.4m≈ $2.8m 2025-11-12

Insider purchases and sales in Q2 2024

Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.

None reported in Q2 2024.

Holders, Q2 2024

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Arias Resource Capital GP Ltd. 100.00% of their portfolio GEORGE TOWN, GRAND CAYMAN, E9 28,039,02028.0m $51.9m $51.9m 100.00% Unchanged
2 West Family Investments, Inc. 3.08% of their portfolio CARLSBAD, CA 5,572,6375.6m $10.3m $10.3m 3.08% Unchanged
3 Grantham, Mayo, Van Otterloo & Co. LLC 0.03% of their portfolio Boston, MA 5,265,1025.3m $9.7m $9.7m 0.03% Unchanged
4 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 489,630489.6k $7.6m $7.6m 0.00% Reduced -65.9k -65,942
5 SPROTT INC. 0.03% of their portfolio TORONTO, A6 244,643244.6k $452.3k $452.3k 0.03% Added +86.4k +86,400
6 Herr Investment Group LLC 0.11% of their portfolio AUSTIN, TX 200,025200.0k $370.0k $370.0k 0.11% New
7 BARCLAYS PLC 0.00% of their portfolio LONDON, X0 56,08056.1k $103.7k $103.7k 0.00% Unchanged
8 MILLENNIUM MANAGEMENT LLC 0.00% of their portfolio NEW YORK, NY 53,03353.0k $98.1k $98.1k 0.00% Reduced -34.3k -34,296
9 Cresset Asset Management, LLC 0.00% of their portfolio Chicago, IL 50,00050.0k $92.5k $92.5k 0.00% New
10 RENAISSANCE TECHNOLOGIES LLC 0.00% of their portfolio NEW YORK, NY 43,90043.9k $81.2k $81.2k 0.00% Added +7.3k +7,300
11 GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio BOSTON, MA 35,86935.9k $66.4k $66.4k 0.00% Unchanged
12 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 32,05232.1k $59.3k $59.3k 0.00% Unchanged
13 Banco BTG Pactual S.A. 0.01% of their portfolio RIO DE JANEIRO, D5 24,00024.0k $50.2k $50.2k 0.01% New
14 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 23,13423.1k $42.8k $42.8k 0.00% Reduced -84.7k -84,713
15 CIBC WORLD MARKET INC. 0.00% of their portfolio TORONTO, A6 21,38021.4k $39.0k $39.0k 0.00% Unchanged
16 UBS Group AG 0.00% of their portfolio ZURICH, V8 17,60517.6k $32.6k $32.6k 0.00% Added +11.2k +11,201
17 DIMENSIONAL FUND ADVISORS LP 0.00% of their portfolio AUSTIN, TX 16,87216.9k $31.2k $31.2k 0.00% Unchanged
18 Russell Investments Group, Ltd. 0.00% of their portfolio Seattle, WA 15,02515.0k $27.7k $27.7k 0.00% Reduced -75.9k -75,865
19 Compagnie Lombard Odier SCmA 0.00% of their portfolio 1204 GENEVA, V8 14,37014.4k $26.5k $26.5k 0.00% Unchanged
20 Solidarity Wealth, LLC 0.01% of their portfolio Lehi, UT 14,03414.0k $25.8k $25.8k 0.01% Unchanged
21 SIMPLEX TRADING, LLC 0.00% of their portfolio CHICAGO, IL 12,92812.9k $23.0k $23.0k 0.00% Added +7.5k +7,462
22 TORONTO DOMINION BANK 0.00% of their portfolio TORONTO, ONTARIO, A6 12,76112.8k $23.6k $23.6k 0.00% Added +20 +20
23 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 11,92611.9k $22.0k $22.0k 0.00% Reduced -1.6k -1,635
24 JANE STREET GROUP, LLC 0.00% of their portfolio NEW YORK, NY 10,77310.8k $19.8k $19.8k 0.00% New
25 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 10,54110.5k $19.5k $19.5k 0.00% Reduced -30.4k -30,380
26 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 9,1069.1k $16.8k $16.8k 0.00% Added +8.5k +8,548
27 Leonteq Securities AG 0.00% of their portfolio ZURICH, V8 6,8006.8k $17.1k $17.1k 0.00% Unchanged
28 GROUP ONE TRADING LLC 0.00% of their portfolio CHICAGO, IL 3,9003.9k $7.2k $7.2k 0.00% Added +918 +918
29 US BANCORP \DE\ 0.00% of their portfolio MINNEAPOLIS, MN 2,0002.0k $3.7k $3.7k 0.00% Unchanged
30 Tower Research Capital LLC (TRC) 0.00% of their portfolio NEW YORK, NY 1,4191.4k $2.6k $2.6k 0.00% Added +418 +418
31 NATIONAL BANK OF CANADA /FI/ 0.00% of their portfolio MONTREAL, A8 1,3001.3k $2.4k $2.4k 0.00% Unchanged
32 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 1,2501.2k $2.3k $2.3k 0.00% Reduced -1.2k -1,200
33 Federation des caisses Desjardins du Quebec 0.00% of their portfolio LEVIS, A8 1,2501.2k $2.3k $2.3k 0.00% Unchanged
34 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 1,0501.1k $1.9k $1.9k 0.00% Reduced -2.1k -2,135
35 THURSTON, SPRINGER, MILLER, HERD & TITAK, INC. 0.00% of their portfolio INDIANAPOLIS, IN 300300 $555 $555 0.00% New
36 CIBC Private Wealth Group LLC 0.00% of their portfolio ATLANTA, GA 186186 $331 $331 0.00% Unchanged
37 TD Waterhouse Canada Inc. 0.00% of their portfolio TORONTO, A6 7373 $135 $135 0.00% Reduced -1.5k -1,500
38 Allworth Financial LP 0.00% of their portfolio FOLSOM, CA 2020 $41 $41 0.00% New
39 CGC Financial Services, LLC 0.00% of their portfolio LAKE OSWEGO, OR 2020 $37 $37 0.00% Unchanged
40 BESSEMER GROUP INC 0.00% of their portfolio WOODBRIDGE, NJ 1010 $0 $0 0.00% New
41 CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio BIRMINGHAM, AL 00 $0 $0 0.00% Unchanged