TMC THE METALS COMPANY INC TMC
COM · Common Stock · CUSIP 87261Y106
- SectorMaterials
- IndustryMetal Mining
- 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 ($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
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 59 |
| Q4 2022 | 56 |
| Q1 2023 | 65 |
| Q2 2023 | 73 |
| Q3 2023 | 91 |
| Q4 2023 | 79 |
| Q1 2024 | 84 |
| Q2 2024 | 91 |
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 | 25 | 18 |
| Q1 2023 | 28 | 18 |
| Q2 2023 | 29 | 22 |
| Q3 2023 | 52 | 25 |
| Q4 2023 | 22 | 37 |
| Q1 2024 | 35 | 18 |
| Q2 2024 | 34 | 18 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2023 | $2.3m | $428.1k | 0.19 |
| Q4 2023 | $3.0m | $356.8k | 0.12 |
| Q1 2024 | $3.1m | $2.8m | 0.89 |
| Q2 2024 | $3.7m | $4.1m | 1.11 |
Biggest buyers
| MIRABELLA FINANCIAL SERVICES LLP | New | +2.1m |
| New Hampshire Trust | New | +402.0k |
| STATE STREET CORP | New | +211.6k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | +198.8k |
| BANK OF MONTREAL /CAN/ | Added | +118.5k |
| CANTOR FITZGERALD, L. P. | Added | +100.0k |
| EntryPoint Capital, LLC | New | +99.9k |
| Shay Capital LLC | Added | +56.4k |
| Capital Markets Trading UK LLP | New | +50.0k |
| WOLVERINE TRADING, LLC | New | +33.2k |
Biggest sellers
| HRT FINANCIAL LP | Reduced | -391.8k |
| MORGAN STANLEY | Reduced | -244.0k |
| MILLENNIUM MANAGEMENT LLC | Sold out | -92.7k |
| TWO SIGMA SECURITIES, LLC | Sold out | -43.2k |
| Virtu Financial LLC | Sold out | -31.4k |
| Baird Financial Group, Inc. | Reduced | -22.6k |
| Caption Management, LLC | Reduced | -18.7k |
| Tidal Investments LLC | Reduced | -11.0k |
| BANK OF AMERICA CORP /DE/ | Reduced | -10.2k |
| Quantbot Technologies LP | Sold out | -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.
| Holder | Stake |
|---|---|
| Allseas Group S.A. 13D · may seek influence -1.0 pts · filed 2026-07-07 | 15.6% |
| Korea Zinc Company, Ltd. 13G · passive investor new · filed 2025-07-02 | 7.2% |
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% |
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)
Numbers
| Quarter | Buying | Bought | Selling | Sold | Sold under a plan |
|---|---|---|---|---|---|
| Q3 2022 | 2 | $5.1m | 1 | $113.5k | — |
| Q4 2022 | 1 | $29.8k | 1 | $29.4k | — |
| Q1 2023 | 1 | $24.9k | 3 | $342.0k | — |
| Q2 2023 | 1 | $3.0m | 0 | — | — |
| Q3 2023 | 0 | — | 2 | $167.8k | — |
| Q4 2023 | 0 | — | 3 | $191.1k | — |
| Q1 2024 | 0 | — | 2 | $442.3k | — |
| Q2 2024 | 0 | — | 1 | $291.2k | — |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2024-05-31 | O'Sullivan Anthony Chief Development Officer | Sold | $74.0k50.0k shares |
| 2024-05-30 | O'Sullivan Anthony Chief Development Officer | Sold | $37.2k25.0k shares |
| 2024-05-29 | O'Sullivan Anthony Chief Development Officer | Sold | $38.5k25.0k shares |
| 2024-05-23 | O'Sullivan Anthony Chief Development Officer | Sold | $37.0k25.0k shares |
| 2024-05-22 | O'Sullivan Anthony Chief Development Officer | Sold | $35.0k25.0k shares |
| 2024-05-21 | O'Sullivan Anthony Chief Development Officer | Sold | $69.5k50.0k shares |
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
| Manager | Shares | Change |
|---|---|---|
| FIRST MANHATTAN CO. LLC. 0.03% of their portfolio | 7.6m $10.3m | Unchanged |
| Baird Financial Group, Inc. 0.01% of their portfolio | 2.3m $3.1m | Reduced -22.6k |
| MIRABELLA FINANCIAL SERVICES LLP 0.21% of their portfolio | 2.1m $2.8m | New |
| Old West Investment Management, LLC 0.47% of their portfolio | 796.6k $1.1m | Unchanged |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio | 456.9k $616.8k | Added +198.8k |
| New Hampshire Trust 0.12% of their portfolio | 402.0k $542.7k | New |
| Tidal Investments LLC 0.01% of their portfolio | 366.0k $494.1k | Reduced -11.0k |
| Shay Capital LLC 0.11% of their portfolio | 283.5k $382.7k | Added +56.4k |
| STATE STREET CORP 0.00% of their portfolio | 211.6k $285.7k | New |
| CANTOR FITZGERALD, L. P. 0.05% of their portfolio | 200.0k $270.0k | Added +100.0k |
| AUA CAPITAL MANAGEMENT, LLC 0.16% of their portfolio | 192.1k $259.4k | Unchanged |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 184.2k $248.6k | Unchanged |
| BANK OF MONTREAL /CAN/ 0.00% of their portfolio | 171.1k $239.5k | Added +118.5k |
| HRT FINANCIAL LP 0.00% of their portfolio | 165.6k $223.0k | Reduced -391.8k |
| GROUP ONE TRADING LLC 0.01% of their portfolio | 153.0k $206.6k | Added +26.0k |
| Mariner, LLC 0.00% of their portfolio | 151.9k $205.0k | Unchanged |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 138.1k $187.0k | Reduced -2.4k |
| EVOKE WEALTH, LLC 0.26% of their portfolio | 129.0k $174.2k | Unchanged |
| MORGAN STANLEY 0.00% of their portfolio | 126.4k $170.7k | Reduced -244.0k |
| EntryPoint Capital, LLC 0.06% of their portfolio | 99.9k $134.8k | New |
| Private Wealth Partners, LLC 0.01% of their portfolio | 98.7k $133.2k | Unchanged |
| BECKER CAPITAL MANAGEMENT INC 0.00% of their portfolio | 88.1k $118.9k | Unchanged |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 78.0k $105.3k | Reduced -10.2k |
| COMMONWEALTH EQUITY SERVICES, LLC 0.00% of their portfolio | 66.9k $90.0k | Added +1.4k |
| JOHNSON INVESTMENT COUNSEL INC 0.00% of their portfolio | 61.7k $83.3k | Unchanged |
| OSAIC HOLDINGS, INC. 0.00% of their portfolio | 51.3k $69.3k | Added +2.9k |
| HighTower Advisors, LLC 0.00% of their portfolio | 51.2k $69.0k | Added +28.5k |
| BROWN, LISLE/CUMMINGS, INC. 0.02% of their portfolio | 50.0k $67.5k | Added +25.0k |
| Ancora Advisors LLC 0.00% of their portfolio | 50.0k $67.5k | Unchanged |
| Capital Markets Trading UK LLP 0.05% of their portfolio | 50.0k $68.0k | New |
| Optivise Advisory Services LLC 0.04% of their portfolio | 49.0k $66.1k | First filing |
| Advisory Services Network, LLC 0.00% of their portfolio | 45.9k $62.0k | Added +2.0k |
| JANE STREET GROUP, LLC 0.00% of their portfolio | 43.4k $58.6k | Added +980 |
| Hubbell Strickland Wealth Management, LLC 0.03% of their portfolio | 39.6k $53.4k | Unchanged |
| FOUNDERS FINANCIAL SECURITIES LLC 0.00% of their portfolio | 33.5k $45.2k | Unchanged |
| WOLVERINE TRADING, LLC 0.00% of their portfolio | 33.2k $44.9k | New |
| Summit Trail Advisors, LLC 0.00% of their portfolio | 30.0k $40.5k | Added +3.0k |
| Caption Management, LLC 0.00% of their portfolio | 28.6k $38.6k | Reduced -18.7k |
| Sunpointe, LLC 0.02% of their portfolio | 27.1k $36.6k | Unchanged |
| LPL Financial LLC 0.00% of their portfolio | 24.8k $33.5k | Added +3.5k |
| Global Retirement Partners, LLC 0.00% of their portfolio | 23.7k $32.0k | Unchanged |
| ISTHMUS PARTNERS, LLC 0.00% of their portfolio | 22.7k $30.6k | Unchanged |
| UBS Group AG 0.00% of their portfolio | 21.2k $28.6k | Added +8.3k |
| AMERIPRISE FINANCIAL INC 0.00% of their portfolio | 21.2k $28.6k | Added +1.2k |
| INGALLS & SNYDER LLC 0.00% of their portfolio | 20.0k $27.0k | Unchanged |
| Walleye Capital LLC 0.00% of their portfolio | 19.2k $25.9k | Unchanged |
| Corient Private Wealth LP 0.00% of their portfolio | 17.1k $23.0k | Added +2.0k |
| OneDigital Investment Advisors LLC 0.00% of their portfolio | 16.5k $22.2k | Unchanged |
| LexAurum Advisors, LLC 0.01% of their portfolio | 15.6k $21.1k | Added +1.4k |
| Spire Wealth Management 0.00% of their portfolio | 15.5k $20.9k | Reduced -800 |
| VICTORY CAPITAL MANAGEMENT INC 0.00% of their portfolio | 15.2k $20.5k | Added +771 |
| Trinity Legacy Partners, LLC 0.01% of their portfolio | 15.0k $20.2k | Unchanged |
| BARCLAYS PLC 0.00% of their portfolio | 14.5k $19.6k | Unchanged |
| Arete Wealth Advisors, LLC 0.00% of their portfolio | 12.1k $16.0k | New |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 12.0k $16.2k | Unchanged |
| B. Riley Wealth Advisors, Inc. 0.00% of their portfolio | 11.0k $14.8k | Reduced -300 |
| BlackRock Inc. 0.00% of their portfolio | 11.0k $14.8k | Added +10.0k |
| Walleye Trading LLC 0.00% of their portfolio | 10.8k $14.6k | Unchanged |
| LEVEL FOUR ADVISORY SERVICES, LLC 0.00% of their portfolio | 10.6k $14.2k | New |
| Brookstone Capital Management 0.00% of their portfolio | 10.3k $14.2k | Reduced -1.7k |
| STIFEL FINANCIAL CORP 0.00% of their portfolio | 10.1k $13.6k | New |
| INDEPENDENT FINANCIAL GROUP, LLC 0.00% of their portfolio | 10.0k $13.5k | Unchanged |
| SEARLE & CO. 0.00% of their portfolio | 10.0k $13.5k | Unchanged |
| NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.00% of their portfolio | 10.0k $13.5k | Unchanged |
| Baker Ellis Asset Management LLC 0.00% of their portfolio | 10.0k $13.5k | Unchanged |
| Capstone Financial Advisors, Inc. 0.00% of their portfolio | 10.0k $13.5k | Unchanged |
| Coastal Bridge Advisors, LLC 0.00% of their portfolio | 10.0k $13.5k | New |
| ARBOR TRUST WEALTH ADVISORS, LLC 0.01% of their portfolio | 10.0k $13.5k | Unchanged |
| Northwest Financial Advisors 0.01% of their portfolio | 10.0k $13.5k | New |
| Continuum Advisory, LLC 0.00% of their portfolio | 9.4k $12.7k | Unchanged |
| Thomas J. Herzfeld Advisors, Inc. 0.00% of their portfolio | 9.0k $12.1k | Unchanged |
| Plante Moran Financial Advisors, LLC 0.00% of their portfolio | 5.2k $7.0k | Unchanged |
| Arax Advisory Partners 0.00% of their portfolio | 5.0k $6.8k | Unchanged |
| TD Waterhouse Canada Inc. 0.00% of their portfolio | 5.0k $6.6k | Unchanged |
| WOLVERINE ASSET MANAGEMENT LLC 0.00% of their portfolio | 4.4k $5.9k | Unchanged |
| EQUITEC PROPRIETARY MARKETS, LLC 0.04% of their portfolio | 4.0k $5.4k | Unchanged |
| Federation des caisses Desjardins du Quebec 0.00% of their portfolio | 4.0k $5.3k | Unchanged |
| Grayhawk Investment Strategies Inc. 0.02% of their portfolio | 3.8k $5.1k | Unchanged |
| ATWOOD & PALMER INC 0.00% of their portfolio | 2.4k $3.2k | Unchanged |
| Great Lakes Retirement, Inc. 0.00% of their portfolio | 2.0k $2.7k | New |
| SJS Investment Consulting Inc. 0.00% of their portfolio | 1.2k $1.6k | New |
| Crewe Advisors LLC 0.00% of their portfolio | 1.1k $1.5k | Unchanged |
| JONES FINANCIAL COMPANIES LLLP 0.00% of their portfolio | 1.0k $1.4k | Added +665 |
| Bray Capital Advisors 0.00% of their portfolio | 1.0k $1.4k | Unchanged |
| HOEY INVESTMENTS, INC 0.00% of their portfolio | 600 $810 | Unchanged |
| Hexagon Capital Partners LLC 0.00% of their portfolio | 95 $129 | Added +56 |
| RHUMBLINE ADVISERS 0.00% of their portfolio | 71 $95 | Reduced -34 |
| TORONTO DOMINION BANK 0.00% of their portfolio | 50 $68 | Unchanged |
| Frazier Financial Advisors, LLC 0.00% of their portfolio | 25 $34 | Unchanged |
| Balefire, LLC 0.00% of their portfolio | 6 $8 | Unchanged |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio | 0 $0 | Unchanged |