Vault-13

TMC THE METALS COMPANY INC TMC

COM · Common Stock · CUSIP 87261Y106

91 institutional holders +7 vs Q1 2024
17,681,30217.7m shares reported held*
$23.9mreported value*
13 new 21 added 11 reduced 7 sold out net bought ≈ $3.6m (+2.7m 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 ($68 this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $1.35. Options: 9 managers hold calls ($3.7m notional), 10 hold puts ($4.1m).

Trends to Q2 2024

Institutional holders

Managers reporting a position, each quarter

050100Q3 22: 59Q4 22: 56Q1 23: 65Q2 23: 73Q3 23: 91Q4 23: 79Q1 24: 84Q2 24: 9191Q3 22Q1 23Q3 23Q1 24Q2 24
Numbers
QuarterHolders
Q3 202259
Q4 202256
Q1 202365
Q2 202373
Q3 202391
Q4 202379
Q1 202484
Q2 202491

Buyers vs sellers

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

Bought or addedCut or sold out
1000100Q4 22: 25 bought or addedQ4 22: 18 cut or sold outQ4 22Q1 23: 28 bought or addedQ1 23: 18 cut or sold outQ2 23: 29 bought or addedQ2 23: 22 cut or sold outQ2 23Q3 23: 52 bought or addedQ3 23: 25 cut or sold outQ4 23: 22 bought or addedQ4 23: 37 cut or sold outQ4 23Q1 24: 35 bought or addedQ1 24: 18 cut or sold outQ2 24: 34 bought or addedQ2 24: 18 cut or sold outQ2 24
Numbers
QuarterBought or addedCut or sold out
Q4 20222518
Q1 20232818
Q2 20232922
Q3 20235225
Q4 20232237
Q1 20243518
Q2 20243418

Calls vs puts

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

CallsPuts
$0$2m$4m$6mQ3 23 calls: $2.3mQ3 23 puts: $428.1kQ3 23P/C 0.19Q4 23 calls: $3.0mQ4 23 puts: $356.8kQ4 23P/C 0.12Q1 24 calls: $3.1mQ1 24 puts: $2.8mQ1 24P/C 0.89Q2 24 calls: $3.7mQ2 24 puts: $4.1mQ2 24P/C 1.11
Numbers
QuarterCallsPutsP/C
Q3 2023$2.3m$428.1k0.19
Q4 2023$3.0m$356.8k0.12
Q1 2024$3.1m$2.8m0.89
Q2 2024$3.7m$4.1m1.11

Biggest buyers

MIRABELLA FINANCIAL SERVICES LLP New +2,107,670+2.1m
New Hampshire Trust New +401,989+402.0k
STATE STREET CORP New +211,637+211.6k
SUSQUEHANNA INTERNATIONAL GROUP, LLP Added +198,844+198.8k
BANK OF MONTREAL /CAN/ Added +118,500+118.5k
CANTOR FITZGERALD, L. P. Added +100,000+100.0k
EntryPoint Capital, LLC New +99,876+99.9k
Shay Capital LLC Added +56,366+56.4k
Capital Markets Trading UK LLP New +50,000+50.0k
WOLVERINE TRADING, LLC New +33,236+33.2k

Biggest sellers

HRT FINANCIAL LP Reduced -391,811-391.8k
MORGAN STANLEY Reduced -244,009-244.0k
MILLENNIUM MANAGEMENT LLC Sold out -92,653-92.7k
TWO SIGMA SECURITIES, LLC Sold out -43,180-43.2k
Virtu Financial LLC Sold out -31,438-31.4k
Baird Financial Group, Inc. Reduced -22,649-22.6k
Caption Management, LLC Reduced -18,700-18.7k
Tidal Investments LLC Reduced -11,010-11.0k
BANK OF AMERICA CORP /DE/ Reduced -10,197-10.2k
Quantbot Technologies LP Sold out -9,036-9.0k

Biggest calls

SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $1.8m1.3m shares
GROUP ONE TRADING LLC Added $1.1m780.4k shares
SIMPLEX TRADING, LLC Added $508.0k376.8k shares
GTS SECURITIES LLC Reduced $148.0k109.6k shares
CITADEL ADVISORS LLC Added $87.1k64.5k shares
WOLVERINE TRADING, LLC Added $62.0k45.9k shares
Shay Capital LLC Reduced $27.0k20.0k shares
BANK OF MONTREAL /CAN/ New $16.7k11.9k shares
CONCOURSE FINANCIAL GROUP SECURITIES, INC. Unchanged $00 shares

Biggest puts

BANK OF MONTREAL /CAN/ New $1.4m969.7k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $1.2m857.1k shares
GROUP ONE TRADING LLC Reduced $775.6k574.5k shares
SIMPLEX TRADING, LLC Added $328.0k243.2k shares
Caption Management, LLC New $177.3k131.3k shares
WOLVERINE TRADING, LLC New $143.2k106.1k shares
Squarepoint Ops LLC New $118.1k87.5k shares
CITADEL ADVISORS LLC Added $39.6k29.3k shares
GTS SECURITIES LLC Reduced $23.9k17.7k 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
Allseas Group S.A. 13D · may seek influence -1.0 pts · filed 2026-07-07 15.6% -1.0 pts 67.5m≈ $299.0m 2026-07-07
Korea Zinc Company, Ltd. 13G · passive investor new · filed 2025-07-02 7.2% new 26.5m≈ $117.4m 2025-07-02
Barron Gerard 13D · may seek influence filed 2026-09-11
Stated purposeItem 4 is hereby supplemented by adding the following after the end of the second paragraph thereof: On November 22, 2024, the Reporting Person acquired 260,417 Common Shares upon the vesting and settlement of restricted stock units issued to the Reporting Person pursuant to the Issuer's incentive plans On March 20, 2025, the Reporting Person acquired an aggregate of 1,247,191 Common Shares upon the vesting and settlement of restricted stock units issued to the Reporting Person pursuant to the Issuer's incentive plans. On March 20, 2026, the Reporting Person acquired an aggregate of 1,438,075 Common Shares upon the vesting and settlement of restricted stock units issued to the Reporting Person pursuant to the Issuer's incentive plans. On October 28, 2025, the Reporting Person acquired 6… Full filing
6.9% 30.8m≈ $136.5m 2026-09-11

Fell to 5% or below in the last year: Brumder William George (3.4%, 2026-05-01)

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.

Officers and directors buying vs selling

Number of people, by quarter (10% owners not included)

BuyingSelling
404Q3 22: 2 buyingQ3 22: 1 sellingQ4 22: 1 buyingQ4 22: 1 sellingQ4 22Q1 23: 1 buyingQ1 23: 3 sellingQ2 23: 1 buyingQ2 23: 0 sellingQ2 23Q3 23: 0 buyingQ3 23: 2 sellingQ4 23: 0 buyingQ4 23: 3 sellingQ4 23Q1 24: 0 buyingQ1 24: 2 sellingQ2 24: 0 buyingQ2 24: 1 sellingQ2 24
Numbers
QuarterBuyingBoughtSellingSoldSold under a plan
Q3 20222$5.1m1$113.5k—
Q4 20221$29.8k1$29.4k—
Q1 20231$24.9k3$342.0k—
Q2 20231$3.0m0——
Q3 20230—2$167.8k—
Q4 20230—3$191.1k—
Q1 20240—2$442.3k—
Q2 20240—1$291.2k—
DateInsiderTradeSharesPrice ValueTheir holding
2024-05-31 O'Sullivan Anthony Chief Development Officer Sold 50,000 $1.48 $74.0k50.0k shares -6%
2024-05-30 O'Sullivan Anthony Chief Development Officer Sold 25,000 $1.49 $37.2k25.0k shares -3%
2024-05-29 O'Sullivan Anthony Chief Development Officer Sold 25,000 $1.54 $38.5k25.0k shares -3%
2024-05-23 O'Sullivan Anthony Chief Development Officer Sold 25,000 $1.48 $37.0k25.0k shares -3%
2024-05-22 O'Sullivan Anthony Chief Development Officer Sold 25,000 $1.40 $35.0k25.0k shares -3%
2024-05-21 O'Sullivan Anthony Chief Development Officer Sold 50,000 $1.39 $69.5k50.0k shares -5%

Their holding: how much the trade added to or took from the insider's holding (direct, or the trust or fund named). The same trade is sometimes reported by more than one insider, such as a fund and the director who represents it; totals count it once. A value is left blank where the reported price is far from the market price (usually a typo).

Holders, Q2 2024

#ManagerLocationShares Value% of their portfolioChangeShares change
1 FIRST MANHATTAN CO. LLC. 0.03% of their portfolio NEW YORK, NY 7,602,8007.6m $10.3m $10.3m 0.03% Unchanged
2 Baird Financial Group, Inc. 0.01% of their portfolio MILWAUKEE, WI 2,277,6662.3m $3.1m $3.1m 0.01% Reduced -22.6k -22,649
3 MIRABELLA FINANCIAL SERVICES LLP 0.21% of their portfolio London, X0 2,107,6702.1m $2.8m $2.8m 0.21% New
4 Old West Investment Management, LLC 0.47% of their portfolio Los Angeles, CA 796,615796.6k $1.1m $1.1m 0.47% Unchanged
5 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 456,869456.9k $616.8k $616.8k 0.00% Added +198.8k +198,844
6 New Hampshire Trust 0.12% of their portfolio CONCORD, NH 401,989402.0k $542.7k $542.7k 0.12% New
7 Tidal Investments LLC 0.01% of their portfolio Milwaukee, WI 365,997366.0k $494.1k $494.1k 0.01% Reduced -11.0k -11,010
8 Shay Capital LLC 0.11% of their portfolio NEW YORK, NY 283,466283.5k $382.7k $382.7k 0.11% Added +56.4k +56,366
9 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 211,637211.6k $285.7k $285.7k 0.00% New
10 CANTOR FITZGERALD, L. P. 0.05% of their portfolio NEW YORK, NY 200,000200.0k $270.0k $270.0k 0.05% Added +100.0k +100,000
11 AUA CAPITAL MANAGEMENT, LLC 0.16% of their portfolio MECHANICSBURG, PA 192,139192.1k $259.4k $259.4k 0.16% Unchanged
12 GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio BOSTON, MA 184,173184.2k $248.6k $248.6k 0.00% Unchanged
13 BANK OF MONTREAL /CAN/ 0.00% of their portfolio TORONTO, A6 171,062171.1k $239.5k $239.5k 0.00% Added +118.5k +118,500
14 HRT FINANCIAL LP 0.00% of their portfolio NEW YORK, NY 165,578165.6k $223.0k $223.0k 0.00% Reduced -391.8k -391,811
15 GROUP ONE TRADING LLC 0.01% of their portfolio CHICAGO, IL 153,004153.0k $206.6k $206.6k 0.01% Added +26.0k +26,020
16 Mariner, LLC 0.00% of their portfolio Overland Park, KS 151,881151.9k $205.0k $205.0k 0.00% Unchanged
17 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 138,115138.1k $187.0k $187.0k 0.00% Reduced -2.4k -2,411
18 EVOKE WEALTH, LLC 0.26% of their portfolio Los Angeles, CA 129,035129.0k $174.2k $174.2k 0.26% Unchanged
19 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 126,437126.4k $170.7k $170.7k 0.00% Reduced -244.0k -244,009
20 EntryPoint Capital, LLC 0.06% of their portfolio NEW YORK, NY 99,87699.9k $134.8k $134.8k 0.06% New
21 Private Wealth Partners, LLC 0.01% of their portfolio MILL VALLEY, CA 98,70098.7k $133.2k $133.2k 0.01% Unchanged
22 BECKER CAPITAL MANAGEMENT INC 0.00% of their portfolio Portland, OR 88,06288.1k $118.9k $118.9k 0.00% Unchanged
23 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 77,98678.0k $105.3k $105.3k 0.00% Reduced -10.2k -10,197
24 COMMONWEALTH EQUITY SERVICES, LLC 0.00% of their portfolio WALTHAM, MA 66,89166.9k $90.0k $90.0k 0.00% Added +1.4k +1,429
25 JOHNSON INVESTMENT COUNSEL INC 0.00% of their portfolio Cincinnati, OH 61,73061.7k $83.3k $83.3k 0.00% Unchanged
26 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 51,32251.3k $69.3k $69.3k 0.00% Added +2.9k +2,850
27 HighTower Advisors, LLC 0.00% of their portfolio CHICAGO, IL 51,20351.2k $69.0k $69.0k 0.00% Added +28.5k +28,500
28 BROWN, LISLE/CUMMINGS, INC. 0.02% of their portfolio PROVIDENCE, RI 50,00050.0k $67.5k $67.5k 0.02% Added +25.0k +25,000
29 Ancora Advisors LLC 0.00% of their portfolio Cleveland, OH 50,00050.0k $67.5k $67.5k 0.00% Unchanged
30 Capital Markets Trading UK LLP 0.05% of their portfolio LONDON, X0 50,00050.0k $68.0k $68.0k 0.05% New
31 Optivise Advisory Services LLC 0.04% of their portfolio FRANKLIN, TN 48,97549.0k $66.1k $66.1k 0.04% First filing
32 Advisory Services Network, LLC 0.00% of their portfolio ATLANTA, GA 45,90045.9k $62.0k $62.0k 0.00% Added +2.0k +2,000
33 JANE STREET GROUP, LLC 0.00% of their portfolio NEW YORK, NY 43,43243.4k $58.6k $58.6k 0.00% Added +980 +980
34 Hubbell Strickland Wealth Management, LLC 0.03% of their portfolio NEW ORLEANS, LA 39,55939.6k $53.4k $53.4k 0.03% Unchanged
35 FOUNDERS FINANCIAL SECURITIES LLC 0.00% of their portfolio TOWSON, MD 33,50033.5k $45.2k $45.2k 0.00% Unchanged
36 WOLVERINE TRADING, LLC 0.00% of their portfolio CHICAGO, IL 33,23633.2k $44.9k $44.9k 0.00% New
37 Summit Trail Advisors, LLC 0.00% of their portfolio NEW YORK, NY 30,00030.0k $40.5k $40.5k 0.00% Added +3.0k +3,000
38 Caption Management, LLC 0.00% of their portfolio OKLAHOMA CITY, OK 28,60728.6k $38.6k $38.6k 0.00% Reduced -18.7k -18,700
39 Sunpointe, LLC 0.02% of their portfolio ST. LOUIS, MO 27,10027.1k $36.6k $36.6k 0.02% Unchanged
40 LPL Financial LLC 0.00% of their portfolio FORT MILL, SC 24,80024.8k $33.5k $33.5k 0.00% Added +3.5k +3,500
41 Global Retirement Partners, LLC 0.00% of their portfolio San Rafael, CA 23,70023.7k $32.0k $32.0k 0.00% Unchanged
42 ISTHMUS PARTNERS, LLC 0.00% of their portfolio MADISON, WI 22,69622.7k $30.6k $30.6k 0.00% Unchanged
43 UBS Group AG 0.00% of their portfolio ZURICH, V8 21,22121.2k $28.6k $28.6k 0.00% Added +8.3k +8,301
44 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 21,15721.2k $28.6k $28.6k 0.00% Added +1.2k +1,157
45 INGALLS & SNYDER LLC 0.00% of their portfolio NEW YORK, NY 20,00020.0k $27.0k $27.0k 0.00% Unchanged
46 Walleye Capital LLC 0.00% of their portfolio NEW YORK, NY 19,20019.2k $25.9k $25.9k 0.00% Unchanged
47 Corient Private Wealth LP 0.00% of their portfolio MIAMI, FL 17,05017.1k $23.0k $23.0k 0.00% Added +2.0k +2,000
48 OneDigital Investment Advisors LLC 0.00% of their portfolio OVERLAND PARK, KS 16,47916.5k $22.2k $22.2k 0.00% Unchanged
49 LexAurum Advisors, LLC 0.01% of their portfolio OVERLAND PARK, KS 15,62215.6k $21.1k $21.1k 0.01% Added +1.4k +1,445
50 Spire Wealth Management 0.00% of their portfolio MCLEAN, VA 15,50015.5k $20.9k $20.9k 0.00% Reduced -800 -800
51 VICTORY CAPITAL MANAGEMENT INC 0.00% of their portfolio San Antonio, TX 15,21715.2k $20.5k $20.5k 0.00% Added +771 +771
52 Trinity Legacy Partners, LLC 0.01% of their portfolio HOUSTON, TX 15,00015.0k $20.2k $20.2k 0.01% Unchanged
53 BARCLAYS PLC 0.00% of their portfolio LONDON, X0 14,49214.5k $19.6k $19.6k 0.00% Unchanged
54 Arete Wealth Advisors, LLC 0.00% of their portfolio CHICAGO, IL 12,08512.1k $16.0k $16.0k 0.00% New
55 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 12,00012.0k $16.2k $16.2k 0.00% Unchanged
56 B. Riley Wealth Advisors, Inc. 0.00% of their portfolio MEMPHIS, TN 11,00011.0k $14.8k $14.8k 0.00% Reduced -300 -300
57 BlackRock Inc. 0.00% of their portfolio New York, NY 10,96311.0k $14.8k $14.8k 0.00% Added +10.0k +9,985
58 Walleye Trading LLC 0.00% of their portfolio NEW YORK, NY 10,80010.8k $14.6k $14.6k 0.00% Unchanged
59 LEVEL FOUR ADVISORY SERVICES, LLC 0.00% of their portfolio DALLAS, TX 10,55110.6k $14.2k $14.2k 0.00% New
60 Brookstone Capital Management 0.00% of their portfolio WHEATON, IL 10,31810.3k $14.2k $14.2k 0.00% Reduced -1.7k -1,732
61 STIFEL FINANCIAL CORP 0.00% of their portfolio ST. LOUIS, MO 10,06110.1k $13.6k $13.6k 0.00% New
62 INDEPENDENT FINANCIAL GROUP, LLC 0.00% of their portfolio SAN DIEGO, CA 10,00010.0k $13.5k $13.5k 0.00% Unchanged
63 SEARLE & CO. 0.00% of their portfolio GREENWICH, CT 10,00010.0k $13.5k $13.5k 0.00% Unchanged
64 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.00% of their portfolio MILWAUKEE, WI 10,00010.0k $13.5k $13.5k 0.00% Unchanged
65 Baker Ellis Asset Management LLC 0.00% of their portfolio Vancouver, WA 10,00010.0k $13.5k $13.5k 0.00% Unchanged
66 Capstone Financial Advisors, Inc. 0.00% of their portfolio DOWNERS GROVE, IL 10,00010.0k $13.5k $13.5k 0.00% Unchanged
67 Coastal Bridge Advisors, LLC 0.00% of their portfolio WESTPORT, CT 10,00010.0k $13.5k $13.5k 0.00% New
68 ARBOR TRUST WEALTH ADVISORS, LLC 0.01% of their portfolio ANN ARBOR, MI 10,00010.0k $13.5k $13.5k 0.01% Unchanged
69 Northwest Financial Advisors 0.01% of their portfolio HERNDON, VA 10,00010.0k $13.5k $13.5k 0.01% New
70 Continuum Advisory, LLC 0.00% of their portfolio EAGLE, ID 9,4199.4k $12.7k $12.7k 0.00% Unchanged
71 Thomas J. Herzfeld Advisors, Inc. 0.00% of their portfolio MIAMI BEACH, FL 8,9599.0k $12.1k $12.1k 0.00% Unchanged
72 Plante Moran Financial Advisors, LLC 0.00% of their portfolio SOUTHFIELD, MI 5,2005.2k $7.0k $7.0k 0.00% Unchanged
73 Arax Advisory Partners 0.00% of their portfolio NEW YORK, NY 5,0005.0k $6.8k $6.8k 0.00% Unchanged
74 TD Waterhouse Canada Inc. 0.00% of their portfolio TORONTO, A6 5,0005.0k $6.6k $6.6k 0.00% Unchanged
75 WOLVERINE ASSET MANAGEMENT LLC 0.00% of their portfolio CHICAGO, IL 4,3904.4k $5.9k $5.9k 0.00% Unchanged
76 EQUITEC PROPRIETARY MARKETS, LLC 0.04% of their portfolio CHICAGO, IL 4,0004.0k $5.4k $5.4k 0.04% Unchanged
77 Federation des caisses Desjardins du Quebec 0.00% of their portfolio LEVIS, A8 3,9504.0k $5.3k $5.3k 0.00% Unchanged
78 Grayhawk Investment Strategies Inc. 0.02% of their portfolio Calgary, A0 3,7903.8k $5.1k $5.1k 0.02% Unchanged
79 ATWOOD & PALMER INC 0.00% of their portfolio KANSAS CITY, MO 2,3752.4k $3.2k $3.2k 0.00% Unchanged
80 Great Lakes Retirement, Inc. 0.00% of their portfolio SANDUSKY, OH 2,0342.0k $2.7k $2.7k 0.00% New
81 SJS Investment Consulting Inc. 0.00% of their portfolio SYLVANIA, OH 1,1691.2k $1.6k $1.6k 0.00% New
82 Crewe Advisors LLC 0.00% of their portfolio SALT LAKE CITY, UT 1,0951.1k $1.5k $1.5k 0.00% Unchanged
83 JONES FINANCIAL COMPANIES LLLP 0.00% of their portfolio DES PERES, MO 1,0001.0k $1.4k $1.4k 0.00% Added +665 +665
84 Bray Capital Advisors 0.00% of their portfolio Naples, FL 1,0001.0k $1.4k $1.4k 0.00% Unchanged
85 HOEY INVESTMENTS, INC 0.00% of their portfolio COATESVILLE, PA 600600 $810 $810 0.00% Unchanged
86 Hexagon Capital Partners LLC 0.00% of their portfolio ROGERS, AR 9595 $129 $129 0.00% Added +56 +56
87 RHUMBLINE ADVISERS 0.00% of their portfolio BOSTON, MA 7171 $95 $95 0.00% Reduced -34 -34
88 TORONTO DOMINION BANK 0.00% of their portfolio TORONTO, ONTARIO, A6 5050 $68 $68 0.00% Unchanged
89 Frazier Financial Advisors, LLC 0.00% of their portfolio COLUMBUS, OH 2525 $34 $34 0.00% Unchanged
90 Balefire, LLC 0.00% of their portfolio DALLAS, TX 66 $8 $8 0.00% Unchanged
91 CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio BIRMINGHAM, AL 00 $0 $0 0.00% Unchanged