Vault-13

LARGO INC LGO

COM · Common Stock · CUSIP 517097101 · ISIN CA5170971017

38 institutional holders -3 vs Q2 2024
40,278,70140.3m shares reported held*
62.8% of all shares outstanding*
$84.3mreported value*
3 new 8 added 9 reduced 5 sold out net bought ≈ $340.2k (+162.8k 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 ($146 this quarter). Holder counts are more reliable. Shares outstanding: 64.1m as of 2024-12-31, from the company's own SEC filing; the percentage can still exceed 100%: lent-out shares are counted by the lender and the buyer, and some reports overlap without saying so. Implied quarter-end price ≈ $2.09. Options: 3 managers hold calls ($116.2k notional), 4 hold puts ($9.6k).

Trends to Q3 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: 41Q3 24: 3838Q3 22Q1 23Q3 23Q1 24Q3 24
Numbers
QuarterHolders
Q3 202255
Q4 202247
Q1 202344
Q2 202345
Q3 202343
Q4 202341
Q1 202435
Q2 202441
Q3 202438

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 outQ1 23: 17 bought or addedQ1 23: 11 cut or sold outQ1 23Q2 23: 16 bought or addedQ2 23: 12 cut or sold outQ3 23: 13 bought or addedQ3 23: 18 cut or sold outQ3 23Q4 23: 16 bought or addedQ4 23: 14 cut or sold outQ1 24: 9 bought or addedQ1 24: 16 cut or sold outQ1 24Q2 24: 15 bought or addedQ2 24: 10 cut or sold outQ3 24: 11 bought or addedQ3 24: 14 cut or sold outQ3 24
Numbers
QuarterBought or addedCut or sold out
Q4 20221227
Q1 20231711
Q2 20231612
Q3 20231318
Q4 20231614
Q1 2024916
Q2 20241510
Q3 20241114

Calls vs puts

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

CallsPuts
$0$50k$100k$150kQ4 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 0.52Q3 24 calls: $116.2kQ3 24 puts: $9.6kQ3 24P/C 0.08
Numbers
QuarterCallsPutsP/C
Q4 2023$40.0k$61.8k1.55
Q1 2024$12.7k$45.7k3.60
Q2 2024$119.1k$62.3k0.52
Q3 2024$116.2k$9.6k0.08

Biggest buyers

Russell Investments Group, Ltd. Added +222,283+222.3k
SPROTT INC. Added +151,257+151.3k
RENAISSANCE TECHNOLOGIES LLC Added +16,797+16.8k
CITADEL ADVISORS LLC Added +15,244+15.2k
XTX Topco Ltd New +15,099+15.1k
BANK OF AMERICA CORP /DE/ Added +4,700+4.7k
CIBC WORLD MARKET INC. Added +400+400
WELLS FARGO & COMPANY/MN New +400+400
BNP PARIBAS New +200+200
NATIONAL BANK OF CANADA /FI/ Added +86+86

Biggest sellers

JPMORGAN CHASE & CO Reduced -89,284-89.3k
BARCLAYS PLC Sold out -56,080-56.1k
MILLENNIUM MANAGEMENT LLC Sold out -53,033-53.0k
MORGAN STANLEY Reduced -16,583-16.6k
UBS Group AG Reduced -15,954-16.0k
JANE STREET GROUP, LLC Sold out -10,773-10.8k
SUSQUEHANNA INTERNATIONAL GROUP, LLP Sold out -10,541-10.5k
SIMPLEX TRADING, LLC Reduced -5,362-5.4k
Banco BTG Pactual S.A. Reduced -3,998-4.0k
ROYAL BANK OF CANADA Reduced -1,025-1.0k

Biggest calls

SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $114.1k54.6k shares
CITADEL ADVISORS LLC Reduced $2.1k1.0k shares
CONCOURSE FINANCIAL GROUP SECURITIES, INC. Unchanged $00 shares

Biggest puts

CITADEL ADVISORS LLC Reduced $6.9k3.3k shares
GROUP ONE TRADING LLC Added $2.7k1.3k shares
CONCOURSE FINANCIAL GROUP SECURITIES, INC. Unchanged $00 shares
SIMPLEX TRADING, LLC Reduced $0300 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 Q3 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 Q3 2024.

Holders, Q3 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 $58.6m $58.6m 100.00% Unchanged
2 West Family Investments, Inc. 3.99% of their portfolio CARLSBAD, CA 5,572,6375.6m $11.7m $11.7m 3.99% Unchanged
3 Grantham, Mayo, Van Otterloo & Co. LLC 0.03% of their portfolio Boston, MA 5,265,1025.3m $11.1m $11.1m 0.03% Unchanged
4 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 400,346400.3k $836.7k $836.7k 0.00% Reduced -89.3k -89,284
5 SPROTT INC. 0.05% of their portfolio TORONTO, A6 395,900395.9k $827.8k $827.8k 0.05% Added +151.3k +151,257
6 Russell Investments Group, Ltd. 0.00% of their portfolio Seattle, WA 237,308237.3k $498.9k $498.9k 0.00% Added +222.3k +222,283
7 RENAISSANCE TECHNOLOGIES LLC 0.00% of their portfolio NEW YORK, NY 60,69760.7k $126.9k $126.9k 0.00% Added +16.8k +16,797
8 Cresset Asset Management, LLC 0.00% of their portfolio Chicago, IL 50,00050.0k $104.5k $104.5k 0.00% Unchanged
9 GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio BOSTON, MA 35,86935.9k $75.0k $75.0k 0.00% Unchanged
10 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 32,03832.0k $67.0k $67.0k 0.00% Reduced -14 -14
11 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 24,35024.4k $50.9k $50.9k 0.00% Added +15.2k +15,244
12 CIBC WORLD MARKET INC. 0.00% of their portfolio TORONTO, A6 21,78021.8k $46.0k $46.0k 0.00% Added +400 +400
13 Banco BTG Pactual S.A. 0.01% of their portfolio RIO DE JANEIRO, D5 20,00220.0k $41.8k $41.8k 0.01% Reduced -4.0k -3,998
14 DIMENSIONAL FUND ADVISORS LP 0.00% of their portfolio AUSTIN, TX 16,87216.9k $35.3k $35.3k 0.00% Unchanged
15 XTX Topco Ltd 0.00% of their portfolio LONDON, X0 15,09915.1k $31.6k $31.6k 0.00% New
16 Compagnie Lombard Odier SCmA 0.00% of their portfolio 1204 GENEVA, V8 14,37014.4k $30.2k $30.2k 0.00% Unchanged
17 Solidarity Wealth, LLC 0.01% of their portfolio Lehi, UT 14,03414.0k $29.5k $29.5k 0.01% Unchanged
18 TORONTO DOMINION BANK 0.00% of their portfolio TORONTO, ONTARIO, A6 12,77312.8k $26.7k $26.7k 0.00% Added +12 +12
19 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 10,90110.9k $23.0k $23.0k 0.00% Reduced -1.0k -1,025
20 SIMPLEX TRADING, LLC 0.00% of their portfolio CHICAGO, IL 7,5667.6k $15.0k $15.0k 0.00% Reduced -5.4k -5,362
21 Leonteq Securities AG 0.00% of their portfolio ZURICH, V8 6,8006.8k $19.3k $19.3k 0.00% Unchanged
22 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 6,5516.6k $13.7k $13.7k 0.00% Reduced -16.6k -16,583
23 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 5,7505.8k $12.0k $12.0k 0.00% Added +4.7k +4,700
24 GROUP ONE TRADING LLC 0.00% of their portfolio CHICAGO, IL 3,6003.6k $7.5k $7.5k 0.00% Reduced -300 -300
25 US BANCORP \DE\ 0.00% of their portfolio MINNEAPOLIS, MN 2,0002.0k $4.2k $4.2k 0.00% Unchanged
26 UBS Group AG 0.00% of their portfolio ZURICH, V8 1,6511.7k $3.5k $3.5k 0.00% Reduced -16.0k -15,954
27 NATIONAL BANK OF CANADA /FI/ 0.00% of their portfolio MONTREAL, A8 1,3861.4k $2.9k $2.9k 0.00% Added +86 +86
28 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 1,2501.2k $2.6k $2.6k 0.00% Unchanged
29 Federation des caisses Desjardins du Quebec 0.00% of their portfolio LEVIS, A8 1,2501.2k $2.6k $2.6k 0.00% Unchanged
30 Tower Research Capital LLC (TRC) 0.00% of their portfolio NEW YORK, NY 683683 $1.4k $1.4k 0.00% Reduced -736 -736
31 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 400400 $840 $840 0.00% New
32 THURSTON, SPRINGER, MILLER, HERD & TITAK, INC. 0.00% of their portfolio INDIANAPOLIS, IN 300300 $627 $627 0.00% Unchanged
33 BNP PARIBAS 0.00% of their portfolio NEW YORK, NY 200200 $420 $420 0.00% New
34 CIBC Private Wealth Group LLC 0.00% of their portfolio ATLANTA, GA 186186 $389 $389 0.00% Unchanged
35 TD Waterhouse Canada Inc. 0.00% of their portfolio TORONTO, A6 7373 $146 $146 0.00% Unchanged
36 CGC Financial Services, LLC 0.00% of their portfolio LAKE OSWEGO, OR 2020 $42 $42 0.00% Unchanged
37 BESSEMER GROUP INC 0.00% of their portfolio WOODBRIDGE, NJ 1010 $0 $0 0.00% Unchanged
38 CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio BIRMINGHAM, AL 00 $0 $0 0.00% Unchanged