LARGO INC LGO
COM · Common Stock · CUSIP 517097101 · ISIN CA5170971017
- SectorMaterials
- IndustryMining & Quarrying of Nonmetallic Minerals (No Fuels)
- FilingsSEC EDGAR
* 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
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 55 |
| Q4 2022 | 47 |
| Q1 2023 | 44 |
| Q2 2023 | 45 |
| Q3 2023 | 43 |
| Q4 2023 | 41 |
| Q1 2024 | 35 |
| Q2 2024 | 41 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q4 2022 | 12 | 27 |
| Q1 2023 | 17 | 11 |
| Q2 2023 | 16 | 12 |
| Q3 2023 | 13 | 18 |
| Q4 2023 | 16 | 14 |
| Q1 2024 | 9 | 16 |
| Q2 2024 | 15 | 10 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2023 | $152.1k | $155.3k | 1.02 |
| Q4 2023 | $40.0k | $61.8k | 1.55 |
| Q1 2024 | $12.7k | $45.7k | 3.60 |
| Q2 2024 | $119.1k | $62.3k | 0.52 |
Biggest buyers
| Herr Investment Group LLC | New | +200.0k |
| SPROTT INC. | Added | +86.4k |
| Cresset Asset Management, LLC | New | +50.0k |
| Banco BTG Pactual S.A. | New | +24.0k |
| UBS Group AG | Added | +11.2k |
| JANE STREET GROUP, LLC | New | +10.8k |
| CITADEL ADVISORS LLC | Added | +8.5k |
| SIMPLEX TRADING, LLC | Added | +7.5k |
| RENAISSANCE TECHNOLOGIES LLC | Added | +7.3k |
| GROUP ONE TRADING LLC | Added | +918 |
Biggest sellers
| MORGAN STANLEY | Reduced | -84.7k |
| Russell Investments Group, Ltd. | Reduced | -75.9k |
| JPMORGAN CHASE & CO | Reduced | -65.9k |
| MILLENNIUM MANAGEMENT LLC | Reduced | -34.3k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | -30.4k |
| BANK OF AMERICA CORP /DE/ | Reduced | -2.1k |
| ROYAL BANK OF CANADA | Reduced | -1.6k |
| TD Waterhouse Canada Inc. | Reduced | -1.5k |
| OSAIC HOLDINGS, INC. | Reduced | -1.2k |
| ROTHSCHILD INVESTMENT LLC | Sold out | -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.
| Holder | Stake |
|---|---|
| Arias Resource Capital GP Ltd. 13G · exempt (held before listing) filed 2026-02-11 | 43.1% |
| West Family Investments, Inc. 13G · passive investor filed 2025-11-12 | 5.2% |
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
| Manager | Shares | Change |
|---|---|---|
| Arias Resource Capital GP Ltd. 100.00% of their portfolio | 28.0m $51.9m | Unchanged |
| West Family Investments, Inc. 3.08% of their portfolio | 5.6m $10.3m | Unchanged |
| Grantham, Mayo, Van Otterloo & Co. LLC 0.03% of their portfolio | 5.3m $9.7m | Unchanged |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 489.6k $7.6m | Reduced -65.9k |
| SPROTT INC. 0.03% of their portfolio | 244.6k $452.3k | Added +86.4k |
| Herr Investment Group LLC 0.11% of their portfolio | 200.0k $370.0k | New |
| BARCLAYS PLC 0.00% of their portfolio | 56.1k $103.7k | Unchanged |
| MILLENNIUM MANAGEMENT LLC 0.00% of their portfolio | 53.0k $98.1k | Reduced -34.3k |
| Cresset Asset Management, LLC 0.00% of their portfolio | 50.0k $92.5k | New |
| RENAISSANCE TECHNOLOGIES LLC 0.00% of their portfolio | 43.9k $81.2k | Added +7.3k |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 35.9k $66.4k | Unchanged |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 32.1k $59.3k | Unchanged |
| Banco BTG Pactual S.A. 0.01% of their portfolio | 24.0k $50.2k | New |
| MORGAN STANLEY 0.00% of their portfolio | 23.1k $42.8k | Reduced -84.7k |
| CIBC WORLD MARKET INC. 0.00% of their portfolio | 21.4k $39.0k | Unchanged |
| UBS Group AG 0.00% of their portfolio | 17.6k $32.6k | Added +11.2k |
| DIMENSIONAL FUND ADVISORS LP 0.00% of their portfolio | 16.9k $31.2k | Unchanged |
| Russell Investments Group, Ltd. 0.00% of their portfolio | 15.0k $27.7k | Reduced -75.9k |
| Compagnie Lombard Odier SCmA 0.00% of their portfolio | 14.4k $26.5k | Unchanged |
| Solidarity Wealth, LLC 0.01% of their portfolio | 14.0k $25.8k | Unchanged |
| SIMPLEX TRADING, LLC 0.00% of their portfolio | 12.9k $23.0k | Added +7.5k |
| TORONTO DOMINION BANK 0.00% of their portfolio | 12.8k $23.6k | Added +20 |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 11.9k $22.0k | Reduced -1.6k |
| JANE STREET GROUP, LLC 0.00% of their portfolio | 10.8k $19.8k | New |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio | 10.5k $19.5k | Reduced -30.4k |
| CITADEL ADVISORS LLC 0.00% of their portfolio | 9.1k $16.8k | Added +8.5k |
| Leonteq Securities AG 0.00% of their portfolio | 6.8k $17.1k | Unchanged |
| GROUP ONE TRADING LLC 0.00% of their portfolio | 3.9k $7.2k | Added +918 |
| US BANCORP \DE\ 0.00% of their portfolio | 2.0k $3.7k | Unchanged |
| Tower Research Capital LLC (TRC) 0.00% of their portfolio | 1.4k $2.6k | Added +418 |
| NATIONAL BANK OF CANADA /FI/ 0.00% of their portfolio | 1.3k $2.4k | Unchanged |
| OSAIC HOLDINGS, INC. 0.00% of their portfolio | 1.2k $2.3k | Reduced -1.2k |
| Federation des caisses Desjardins du Quebec 0.00% of their portfolio | 1.2k $2.3k | Unchanged |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 1.1k $1.9k | Reduced -2.1k |
| THURSTON, SPRINGER, MILLER, HERD & TITAK, INC. 0.00% of their portfolio | 300 $555 | New |
| CIBC Private Wealth Group LLC 0.00% of their portfolio | 186 $331 | Unchanged |
| TD Waterhouse Canada Inc. 0.00% of their portfolio | 73 $135 | Reduced -1.5k |
| Allworth Financial LP 0.00% of their portfolio | 20 $41 | New |
| CGC Financial Services, LLC 0.00% of their portfolio | 20 $37 | Unchanged |
| BESSEMER GROUP INC 0.00% of their portfolio | 10 $0 | New |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio | 0 $0 | Unchanged |