TRIPLE FLAG PRECIOUS METAL TFPM
COM · Common Stock · CUSIP 89679M104 · ISIN CA89679M1041
- SectorFinancials
- IndustryMineral Royalty Traders
- 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 ($8.2m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $30.06. Options: 6 managers hold calls ($4.8m notional), 7 hold puts ($7.3m).
Trends to Q2 2026
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 30 |
| Q4 2022 | 42 |
| Q1 2023 | 83 |
| Q2 2023 | 90 |
| Q3 2023 | 93 |
| Q4 2023 | 96 |
| Q1 2024 | 102 |
| Q2 2024 | 119 |
| Q3 2024 | 122 |
| Q4 2024 | 125 |
| Q1 2025 | 139 |
| Q2 2025 | 164 |
| Q3 2025 | 207 |
| Q4 2025 | 222 |
| Q1 2026 | 231 |
| Q2 2026 | 223 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q3 2024 | 60 | 52 |
| Q4 2024 | 66 | 46 |
| Q1 2025 | 67 | 63 |
| Q2 2025 | 89 | 61 |
| Q3 2025 | 127 | 64 |
| Q4 2025 | 106 | 96 |
| Q1 2026 | 126 | 92 |
| Q2 2026 | 126 | 90 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2025 | $7.0m | $7.8m | 1.12 |
| Q4 2025 | $9.0m | $7.4m | 0.82 |
| Q1 2026 | $10.9m | $8.6m | 0.79 |
| Q2 2026 | $4.8m | $7.3m | 1.51 |
Biggest buyers
| Tidal Investments LLC | Added | +402.9k |
| MORGAN STANLEY | Added | +375.0k |
| TORONTO DOMINION BANK | Added | +366.9k |
| JPMORGAN CHASE & CO | Added | +353.5k |
| GOLDMAN SACHS GROUP INC | Added | +316.8k |
| TWO SIGMA INVESTMENTS, LP | Added | +220.8k |
| VANGUARD CAPITAL MANAGEMENT LLC | Added | +206.0k |
| MARSHALL WACE, LLP | New | +174.6k |
| Connor, Clark & Lunn Investment Management Ltd. | Added | +163.7k |
| ExodusPoint Capital Management, LP | Added | +155.1k |
Biggest sellers
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | Reduced | -1.5m |
| FMR LLC | Reduced | -1.2m |
| Amundi | Reduced | -437.5k |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. | Reduced | -377.5k |
| WELLS FARGO & COMPANY/MN | Reduced | -180.9k |
| STANSBERRY ASSET MANAGEMENT, LLC | Reduced | -176.1k |
| FIRST TRUST ADVISORS LP | Sold out | -122.6k |
| Trexquant Investment LP | Sold out | -105.6k |
| TD Asset Management Inc | Reduced | -76.2k |
| BNP PARIBAS ASSET MANAGEMENT Holding S.A. | Sold out | -68.1k |
Biggest calls
| CITADEL ADVISORS LLC | Reduced | $2.9m96.6k shares |
| SIG North Trading, ULC | Added | $563.4k18.8k shares |
| JANE STREET GROUP, LLC | Reduced | $551.4k18.4k shares |
| IMC-Chicago, LLC | Reduced | $452.5k15.1k shares |
| SIMPLEX TRADING, LLC | Reduced | $215.8k7.2k shares |
| GROUP ONE TRADING LLC | Added | $143.9k4.8k shares |
Biggest puts
| JANE STREET GROUP, LLC | Added | $2.8m94.9k shares |
| CITADEL ADVISORS LLC | Reduced | $1.6m53.3k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $1.1m35.4k shares |
| IMC-Chicago, LLC | Added | $1.0m33.9k shares |
| SIG North Trading, ULC | New | $302.7k10.1k shares |
| GROUP ONE TRADING LLC | Added | $287.7k9.6k shares |
| SIMPLEX TRADING, LLC | Reduced | $164.8k5.5k 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 |
|---|---|
Elliott Investment Management L.P.
13D · may seek influence
+0.2 pts · filed 2026-06-30
Stated purposeThe information set forth in Item 6 of the Schedule 13D, including, without limitation, information as to the rights and obligations of the Reporting Person pursuant to the terms of the agreements, instruments and other matters described therein, is hereby incorporated by reference. Full filing |
64.7% |
Insider purchases and sales since 1 Apr 2026
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 since 1 Apr 2026.
Holders, Q2 2026
| Manager | Shares | Change |
|---|---|---|
| Elliott Investment Management L.P. 27.94% of their portfolio | 133.2m $4.0bn | Reduced -6.7k |
| FMR LLC 0.01% of their portfolio | 4.7m $139.9m | Reduced -1.2m |
| Tidal Investments LLC 0.21% of their portfolio | 2.9m $88.4m | Added +402.9k |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.10% of their portfolio | 2.7m $82.1m | Reduced -377.5k |
| VAN ECK ASSOCIATES CORP 0.04% of their portfolio | 2.3m $70.0m | Added +53.2k |
| VANGUARD CAPITAL MANAGEMENT LLC 0.00% of their portfolio | 2.0m $60.3m | Added +206.0k |
| WHITEBOX ADVISORS LLC 0.73% of their portfolio | 1.5m $45.5m | Unchanged |
| TWO SIGMA INVESTMENTS, LP 0.03% of their portfolio | 1.4m $41.8m | Added +220.8k |
| Dixon Mitchell Investment Counsel Inc. 1.24% of their portfolio | 1.3m $38.2m | Added +41.0k |
| Beutel, Goodman & Co Ltd. 0.26% of their portfolio | 1.2m $35.4m | Reduced -12.5k |
| MORGAN STANLEY 0.00% of their portfolio | 1.1m $33.7m | Added +375.0k |
| Invesco Ltd. 0.00% of their portfolio | 1.1m $31.5m | Reduced -16.6k |
| SPROTT INC. 1.00% of their portfolio | 1.0m $30.3m | Reduced -13.5k |
| Connor, Clark & Lunn Investment Management Ltd. 0.06% of their portfolio | 978.4k $29.3m | Added +163.7k |
| NORGES BANK 0.00% of their portfolio | 971.6k $29.1m | Not comparable |
| Nuveen, LLC 0.01% of their portfolio | 880.6k $26.4m | Added +6.5k |
| TORONTO DOMINION BANK 0.03% of their portfolio | 652.1k $19.5m | Added +366.9k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 621.2k $18.7m | Added +353.5k |
| VANGUARD FIDUCIARY TRUST CO 0.00% of their portfolio | 615.3k $18.4m | Added +68.7k |
| DIMENSIONAL FUND ADVISORS LP 0.00% of their portfolio | 613.1k $18.4m | Added +14.2k |
| TD Asset Management Inc 0.02% of their portfolio | 596.5k $17.9m | Reduced -76.2k |
| BANK OF MONTREAL /CAN/ 0.01% of their portfolio | 551.1k $16.5m | Added +73.8k |
| Euro Pacific Asset Management, LLC 2.74% of their portfolio | 516.7k $24.1m | Reduced -3.4k |
| MACKENZIE FINANCIAL CORP 0.02% of their portfolio | 516.5k $21.9m | Reduced -814 |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 511.0k $15.3m | Added +15.6k |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 509.0k $15.3m | Added +316.8k |
| HORIZON KINETICS ASSET MANAGEMENT LLC 0.17% of their portfolio | 506.7k $15.2m | Added +93.2k |
| Qube Research & Technologies Ltd 0.02% of their portfolio | 472.4k $14.2m | Added +10.8k |
| JANE STREET GROUP, LLC 0.01% of their portfolio | 422.5k $12.7m | Added +78.5k |
| STANSBERRY ASSET MANAGEMENT, LLC 1.14% of their portfolio | 414.3k $12.4m | Reduced -176.1k |
| DEUTSCHE BANK AG\ 0.00% of their portfolio | 411.2k $12.3m | Reduced -38.2k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.01% of their portfolio | 386.7k $11.6m | Reduced -1.5m |
| UBS Group AG 0.00% of their portfolio | 290.3k $8.7m | Added +107.9k |
| GLOBAL STRATEGIC MANAGEMENT INC 6.03% of their portfolio | 261.2k $7.8m | Reduced -41.2k |
| Vanguard Global Advisers, LLC 0.00% of their portfolio | 233.6k $7.0m | Added +35.7k |
| Marshall Financial Group, LLC 1.01% of their portfolio | 231.3k $6.9m | Unchanged |
| 1832 Asset Management L.P. 0.01% of their portfolio | 207.5k $6.2m | Reduced -46.8k |
| CITADEL ADVISORS LLC 0.00% of their portfolio | 205.7k $6.2m | Added +56.7k |
| ALPS ADVISORS INC 0.03% of their portfolio | 193.6k $5.8m | Added +40.5k |
| HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND 0.01% of their portfolio | 192.3k $5.8m | Reduced -18.8k |
| Mountain Lake Investment Management LLC 3.54% of their portfolio | 189.5k $5.7m | Added +99.3k |
| BARCLAYS PLC 0.00% of their portfolio | 187.2k $5.6m | Added +788 |
| McAlvany Wealth Management LLC 3.92% of their portfolio | 175.0k $5.2m | Added +26.1k |
| MARSHALL WACE, LLP 0.00% of their portfolio | 174.6k $5.2m | New |
| Clearbridge Investments, LLC 0.00% of their portfolio | 172.7k $5.2m | Reduced -1.5k |
| U S GLOBAL INVESTORS INC 0.50% of their portfolio | 172.0k $5.2m | Added +112.0k |
| SCS Capital Management LLC 0.05% of their portfolio | 167.2k $5.0m | Added +232 |
| CIBC WORLD MARKET INC. 0.01% of their portfolio | 165.8k $5.0m | Added +14.1k |
| ExodusPoint Capital Management, LP 0.05% of their portfolio | 164.8k $4.9m | Added +155.1k |
| Delaney Capital Management Ltd. 0.69% of their portfolio | 145.7k $4.4m | Reduced -1.0k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio | 144.9k $4.3m | Added +14.8k |
| Swiss National Bank 0.00% of their portfolio | 135.5k $4.0m | Reduced -7.8k |
| Lummis Asset Management, LP 2.34% of their portfolio | 131.1k $3.9m | Added +6.5k |
| LAZARD ASSET MANAGEMENT LLC 0.01% of their portfolio | 130.5k $3.9m | New |
| RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio | 129.8k $3.9m | Added +23.8k |
| D. E. Shaw & Co., Inc. 0.00% of their portfolio | 122.6k $3.7m | Added +79.8k |
| Jefferies Financial Group Inc. 0.03% of their portfolio | 119.2k $3.6m | New |
| Savant Capital, LLC 0.01% of their portfolio | 117.3k $3.7m | Added +68.4k |
| Arbiter Partners Capital Management LLC 0.97% of their portfolio | 117.0k $3.5m | Added +58.5k |
| Knoll Capital Management, LLC 1.92% of their portfolio | 115.0k $3.4m | Unchanged |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio | 114.8k $3.4m | Added +22.7k |
| Point72 Asset Management, L.P. 0.00% of their portfolio | 109.2k $3.3m | Reduced -8.1k |
| Jump Financial, LLC 0.03% of their portfolio | 106.6k $3.2m | Added +72.9k |
| AGF MANAGEMENT LTD 0.01% of their portfolio | 98.1k $2.9m | Added +36.0k |
| Merrion Investment Management Co, LLC 1.28% of their portfolio | 90.2k $2.7m | Unchanged |
| BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp 0.02% of their portfolio | 86.6k $2.6m | Added +26.5k |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.00% of their portfolio | 83.0k $2.5m | Reduced -1.2k |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 82.3k $2.5m | Added +40 |
| Orion Porfolio Solutions, LLC 0.02% of their portfolio | 78.8k $2.4m | Added +4.7k |
| Engineers Gate Manager LP 0.03% of their portfolio | 77.0k $2.3m | Added +10.1k |
| MILLENNIUM MANAGEMENT LLC 0.00% of their portfolio | 72.0k $2.2m | Reduced -5.6k |
| LPL Financial LLC 0.00% of their portfolio | 71.7k $2.1m | Added +25.8k |
| CIBC Asset Management Inc 0.00% of their portfolio | 70.1k $2.1m | Added +2.8k |
| Caisse de depot et placement du Quebec 0.00% of their portfolio | 69.9k $2.1m | New |
| VANGUARD ASSET MANAGEMENT, Ltd 0.00% of their portfolio | 69.7k $2.1m | Added +5.4k |
| Bridgewater Associates, LP 0.01% of their portfolio | 68.8k $2.1m | Added +49.6k |
| Legal & General Group Plc 0.00% of their portfolio | 64.0k $1.9m | Reduced -18.6k |
| Goehring & Rozencwajg Associates, LLC 0.11% of their portfolio | 61.6k $1.8m | Added +1.3k |
| NATIONAL BANK OF CANADA /FI/ 0.00% of their portfolio | 58.6k $1.7m | Added +15.2k |
| GUGGENHEIM CAPITAL LLC 0.01% of their portfolio | 57.1k $1.7m | Added +2.8k |
| TD Waterhouse Canada Inc. 0.00% of their portfolio | 55.8k $1.7m | Reduced -872 |
| AMERICAN CENTURY COMPANIES INC 0.00% of their portfolio | 55.5k $1.7m | Added +10.3k |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 54.8k $1.7m | Added +126 |
| Performance Wealth Partners, LLC 0.04% of their portfolio | 50.5k $1.5m | Unchanged |
| Quantbot Technologies LP 0.06% of their portfolio | 47.3k $1.4m | Added +7.9k |
| Amundi 0.00% of their portfolio | 45.0k $1.4m | Reduced -437.5k |
| ACADIAN ASSET MANAGEMENT LLC 0.00% of their portfolio | 42.4k $1.3m | Added +20.1k |
| HighTower Advisors, LLC 0.00% of their portfolio | 42.2k $1.3m | Added +3.2k |
| Parvin Asset Management, LLC 0.95% of their portfolio | 39.5k $1.2m | Reduced -435 |
| SEB Asset Management AB 0.00% of their portfolio | 38.9k $1.2m | New |
| Graham Capital Management, L.P. 0.03% of their portfolio | 38.4k $1.2m | New |
| IMC-Chicago, LLC 0.01% of their portfolio | 35.3k $1.1m | Added +14.3k |
| NEUBERGER BERMAN GROUP LLC 0.00% of their portfolio | 34.0k $1.0m | Added +26.1k |
| RENAISSANCE TECHNOLOGIES LLC 0.00% of their portfolio | 34.0k $1.0m | Added +7.5k |
| SEI INVESTMENTS CO 0.00% of their portfolio | 33.6k $1.0m | Added +17.4k |
| DRIVE WEALTH MANAGEMENT, LLC 0.17% of their portfolio | 32.7k $980.6k | Added +576 |
| Ascent Group, LLC 0.03% of their portfolio | 31.4k $939.7k | Added +222 |
| Vident Advisory, LLC 0.01% of their portfolio | 30.7k $920.2k | Reduced -2.3k |
| STIFEL FINANCIAL CORP 0.00% of their portfolio | 29.7k $888.9k | Reduced -28.4k |
| Mariner, LLC 0.00% of their portfolio | 28.9k $866.2k | Added +624 |