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. Holder counts are more reliable. Implied quarter-end price ≈ $1.12. Options: 7 managers hold calls ($4.1m notional), 8 hold puts ($4.2m).
Trends to Q4 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 |
| Q3 2024 | 90 |
| Q4 2024 | 88 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q1 2023 | 28 | 18 |
| Q2 2023 | 29 | 22 |
| Q3 2023 | 52 | 25 |
| Q4 2023 | 22 | 37 |
| Q1 2024 | 35 | 18 |
| Q2 2024 | 34 | 18 |
| Q3 2024 | 30 | 25 |
| Q4 2024 | 28 | 30 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q1 2024 | $3.1m | $2.8m | 0.89 |
| Q2 2024 | $3.7m | $4.1m | 1.11 |
| Q3 2024 | $4.0m | $4.2m | 1.07 |
| Q4 2024 | $4.1m | $4.2m | 1.03 |
Biggest buyers
| FIRST MANHATTAN CO. LLC. | Added | +10.0m |
| UBS Group AG | Added | +1.6m |
| Old West Investment Management, LLC | Added | +1.3m |
| JANE STREET GROUP, LLC | Added | +1.3m |
| Shay Capital LLC | Added | +844.9k |
| Caption Management, LLC | Added | +420.0k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | +118.4k |
| SIMPLEX TRADING, LLC | Added | +118.0k |
| GROUP ONE TRADING LLC | Added | +82.7k |
| WELLS FARGO & COMPANY/MN | Added | +81.6k |
Biggest sellers
| BANK OF MONTREAL /CAN/ | Reduced | -461.1k |
| CANTOR FITZGERALD, L. P. | Sold out | -170.0k |
| Baird Financial Group, Inc. | Reduced | -102.3k |
| JOHNSON INVESTMENT COUNSEL INC | Sold out | -61.7k |
| Capital Markets Trading UK LLP | Sold out | -50.0k |
| Ancora Advisors LLC | Sold out | -50.0k |
| Mariner, LLC | Reduced | -46.1k |
| Virtu Financial LLC | Sold out | -41.2k |
| MILLENNIUM MANAGEMENT LLC | Sold out | -33.8k |
| WOLVERINE TRADING, LLC | Reduced | -29.1k |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $1.6m1.4m shares |
| GROUP ONE TRADING LLC | Added | $1.2m1.1m shares |
| SIMPLEX TRADING, LLC | Added | $961.0k858.5k shares |
| Squarepoint Ops LLC | New | $129.5k115.6k shares |
| CITADEL ADVISORS LLC | Added | $120.4k107.5k shares |
| WOLVERINE TRADING, LLC | Reduced | $35.2k29.3k shares |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | Unchanged | $00 shares |
Biggest puts
| Caption Management, LLC | Added | $1.1m999.8k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $1.1m986.9k shares |
| GROUP ONE TRADING LLC | Added | $1.0m902.4k shares |
| SIMPLEX TRADING, LLC | Added | $461.0k412.2k shares |
| CITADEL ADVISORS LLC | Added | $285.5k254.9k shares |
| WELLS FARGO & COMPANY/MN | New | $261.0k233.0k shares |
| BANK OF MONTREAL /CAN/ | Reduced | $672600 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 Q4 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 |
|---|---|---|---|---|---|
| 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 | — |
| Q3 2024 | 0 | — | 0 | — | — |
| Q4 2024 | 1 | $21.8k | 3 | $342.8k | — |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2024-12-30 | ILVES Erika Chief Strategy Officer | Sold | $241.0k217.1k shares |
| 2024-12-24 | May Brendan Director | Bought | $21.8k25.0k shares |
| 2024-11-27 | Shesky Craig Chief Financial Officer | Sold | $40.4k47.5k shares |
| 2024-11-19 | Hall Andrew Director | Sold | $61.4k66.0k 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, Q4 2024
| Manager | Shares | Change |
|---|---|---|
| FIRST MANHATTAN CO. LLC. 0.06% of their portfolio | 18.7m $21.0m | Added +10.0m |
| Baird Financial Group, Inc. 0.00% of their portfolio | 2.2m $2.4m | Reduced -102.3k |
| Old West Investment Management, LLC 0.97% of their portfolio | 2.1m $2.4m | Added +1.3m |
| UBS Group AG 0.00% of their portfolio | 1.7m $1.9m | Added +1.6m |
| JANE STREET GROUP, LLC 0.00% of their portfolio | 1.3m $1.5m | Added +1.3m |
| Shay Capital LLC 0.26% of their portfolio | 932.4k $1.0m | Added +844.9k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio | 857.6k $960.5k | Added +118.4k |
| Tidal Investments LLC 0.00% of their portfolio | 542.9k $608.1k | Added +57.6k |
| Caption Management, LLC 0.02% of their portfolio | 508.6k $569.6k | Added +420.0k |
| New Hampshire Trust 0.08% of their portfolio | 319.0k $357.3k | Unchanged |
| GROUP ONE TRADING LLC 0.01% of their portfolio | 288.3k $322.9k | Added +82.7k |
| STATE STREET CORP 0.00% of their portfolio | 218.3k $244.5k | Added +4.1k |
| SIMPLEX TRADING, LLC 0.01% of their portfolio | 211.0k $236.0k | Added +118.0k |
| AUA CAPITAL MANAGEMENT, LLC 0.14% of their portfolio | 192.1k $215.2k | Unchanged |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 184.2k $206.3k | Unchanged |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 137.6k $155.0k | Reduced -15 |
| MORGAN STANLEY 0.00% of their portfolio | 134.2k $150.3k | Added +33.8k |
| EVOKE WEALTH, LLC 0.00% of their portfolio | 129.0k $144.5k | Unchanged |
| Mariner, LLC 0.00% of their portfolio | 116.2k $130.1k | Reduced -46.1k |
| Private Wealth Partners, LLC 0.01% of their portfolio | 98.7k $110.5k | Unchanged |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 91.1k $102.1k | Added +81.6k |
| BECKER CAPITAL MANAGEMENT INC 0.00% of their portfolio | 88.1k $98.6k | Unchanged |
| SBI Securities Co., Ltd. 0.00% of their portfolio | 83.9k $94.0k | First filing |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 78.0k $87.3k | Unchanged |
| CITADEL ADVISORS LLC 0.00% of their portfolio | 59.6k $66.8k | Reduced -20.8k |
| COMMONWEALTH EQUITY SERVICES, LLC 0.00% of their portfolio | 58.3k $65.0k | Unchanged |
| XTX Topco Ltd 0.01% of their portfolio | 57.9k $64.9k | New |
| HighTower Advisors, LLC 0.00% of their portfolio | 51.2k $57.3k | Unchanged |
| BROWN, LISLE/CUMMINGS, INC. 0.02% of their portfolio | 50.0k $56.0k | Unchanged |
| Optivise Advisory Services LLC 0.03% of their portfolio | 49.1k $55.0k | Added +10 |
| Evelyn Partners Investment Management Services Ltd 0.01% of their portfolio | 47.0k $52.7k | First filing |
| BANK OF MONTREAL /CAN/ 0.00% of their portfolio | 44.2k $49.5k | Reduced -461.1k |
| PRUDENTIAL FINANCIAL INC 0.00% of their portfolio | 41.6k $46.6k | New |
| Advisory Services Network, LLC 0.00% of their portfolio | 40.0k $44.8k | Reduced -5.9k |
| Independent Advisor Alliance 0.00% of their portfolio | 37.7k $42.2k | New |
| OSAIC HOLDINGS, INC. 0.00% of their portfolio | 37.6k $42.2k | Reduced -13.7k |
| Hubbell Strickland Wealth Management, LLC 0.02% of their portfolio | 36.4k $40.8k | Reduced -3.1k |
| Summit Trail Advisors, LLC 0.00% of their portfolio | 34.0k $38.1k | Unchanged |
| Squarepoint Ops LLC 0.00% of their portfolio | 32.7k $36.6k | Added +11.9k |
| FOUNDERS FINANCIAL SECURITIES LLC 0.00% of their portfolio | 32.5k $36.4k | Reduced -3.5k |
| LPL Financial LLC 0.00% of their portfolio | 30.4k $34.1k | Added +3.0k |
| Corient Private Wealth LP 0.00% of their portfolio | 26.1k $29.2k | Reduced -26.1k |
| RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio | 25.4k $28.4k | First filing |
| Quadrature Capital Ltd 0.00% of their portfolio | 25.2k $28.0k | New |
| OPPENHEIMER & CO INC 0.00% of their portfolio | 25.2k $28.2k | New |
| Global Retirement Partners, LLC 0.00% of their portfolio | 23.7k $26.5k | Unchanged |
| Gray Wealth Management Inc. 0.01% of their portfolio | 23.7k $26.5k | Added +8.9k |
| ISTHMUS PARTNERS, LLC 0.00% of their portfolio | 22.7k $25.4k | Unchanged |
| INGALLS & SNYDER LLC 0.00% of their portfolio | 20.0k $22.0k | Unchanged |
| Foundation Wealth Management, LLC\PA 0.01% of their portfolio | 20.0k $22.4k | First filing |
| Brucke Financial, Inc. 0.03% of their portfolio | 19.8k $32.2k | First filing |
| VICTORY CAPITAL MANAGEMENT INC 0.00% of their portfolio | 17.5k $19.6k | Added +2.4k |
| OneDigital Investment Advisors LLC 0.00% of their portfolio | 16.5k $18.5k | Unchanged |
| LexAurum Advisors, LLC 0.00% of their portfolio | 15.6k $17.5k | Unchanged |
| WOLVERINE TRADING, LLC 0.00% of their portfolio | 15.6k $18.7k | Reduced -29.1k |
| Trinity Legacy Partners, LLC 0.00% of their portfolio | 15.0k $16.8k | Unchanged |
| BARCLAYS PLC 0.00% of their portfolio | 14.5k $16.2k | Unchanged |
| Spire Wealth Management 0.00% of their portfolio | 12.2k $13.7k | Reduced -3.2k |
| LEVEL FOUR ADVISORY SERVICES, LLC 0.00% of their portfolio | 11.6k $12.9k | Added +500 |
| Scientech Research LLC 0.00% of their portfolio | 11.0k $12.4k | New |
| Arete Wealth Advisors, LLC 0.00% of their portfolio | 10.8k $12.0k | Added +715 |
| INDEPENDENT FINANCIAL GROUP, LLC 0.00% of their portfolio | 10.0k $11.2k | Unchanged |
| SEARLE & CO. 0.00% of their portfolio | 10.0k $11.2k | Unchanged |
| NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.00% of their portfolio | 10.0k $11.2k | Unchanged |
| Baker Ellis Asset Management LLC 0.00% of their portfolio | 10.0k $11.2k | Unchanged |
| Allworth Financial LP 0.00% of their portfolio | 10.0k $15.6k | Unchanged |
| Capstone Financial Advisors, Inc. 0.00% of their portfolio | 10.0k $11.2k | Unchanged |
| Coastal Bridge Advisors, LLC 0.00% of their portfolio | 10.0k $11.2k | Unchanged |
| ARBOR TRUST WEALTH ADVISORS, LLC 0.01% of their portfolio | 10.0k $11.2k | Unchanged |
| LAZARI CAPITAL MANAGEMENT, INC. 0.00% of their portfolio | 10.0k $11.2k | Unchanged |
| Northwest Financial Advisors 0.01% of their portfolio | 10.0k $11.2k | Unchanged |
| Continuum Advisory, LLC 0.00% of their portfolio | 9.4k $10.5k | Unchanged |
| Thomas J. Herzfeld Advisors, Inc. 0.00% of their portfolio | 9.0k $10.0k | Unchanged |
| BlackRock, Inc. 0.00% of their portfolio | 7.4k $8.3k | Added +552 |
| Plante Moran Financial Advisors, LLC 0.00% of their portfolio | 5.2k $5.8k | Unchanged |
| Arax Advisory Partners 0.00% of their portfolio | 5.0k $5.6k | Unchanged |
| TD Waterhouse Canada Inc. 0.00% of their portfolio | 5.0k $5.5k | Unchanged |
| EQUITEC PROPRIETARY MARKETS, LLC 0.03% of their portfolio | 4.0k $4.5k | Unchanged |
| WOLFF WIESE MAGANA LLC 0.00% of their portfolio | 4.0k $4.5k | New |
| Hopwood Financial Services, Inc. 0.00% of their portfolio | 2.6k $2.9k | First filing |
| Federation des caisses Desjardins du Quebec 0.00% of their portfolio | 1.6k $1.7k | Unchanged |
| JONES FINANCIAL COMPANIES LLLP 0.00% of their portfolio | 1.0k $1.1k | Reduced -200 |
| Bray Capital Advisors 0.00% of their portfolio | 1.0k $1.1k | Unchanged |
| Fourth Dimension Wealth, LLC 0.00% of their portfolio | 1.0k $1.1k | First filing |
| Medallion Wealth Advisors, LLC 0.00% of their portfolio | 1.0k $1.1k | First filing |
| Hexagon Capital Partners LLC 0.00% of their portfolio | 95 $106 | Unchanged |
| RHUMBLINE ADVISERS 0.00% of their portfolio | 71 $79 | Unchanged |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio | 0 $0 | Unchanged |