Vault-13

TRIUMPH GROUP INC NEW TGI

COM · Common Stock · CUSIP 896818101 · ISIN US8968181011

239 institutional holders +16 vs Q1 2025
84,862,54984.9m shares reported held*
$2.5bnreported value*
46 new 84 added 71 reduced 29 sold out net bought ≈ $182.9m (+7.1m 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 ($2.0m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $29.29. Options: 7 managers hold calls ($3.1m notional), 6 hold puts ($812.0k).

Trends to Q2 2025

Institutional holders

Managers reporting a position, each quarter

0100200300Q3 22: 166Q4 22: 178Q1 23: 178Q2 23: 186Q3 23: 176Q4 23: 182Q1 24: 189Q2 24: 192Q3 24: 180Q4 24: 187Q1 25: 223Q2 25: 239239Q3 22Q2 23Q1 24Q4 24Q2 25
Numbers
QuarterHolders
Q3 2022166
Q4 2022178
Q1 2023178
Q2 2023186
Q3 2023176
Q4 2023182
Q1 2024189
Q2 2024192
Q3 2024180
Q4 2024187
Q1 2025223
Q2 2025239

Buyers vs sellers

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

Bought or addedCut or sold out
2000200Q3 23: 106 bought or addedQ3 23: 76 cut or sold outQ4 23: 84 bought or addedQ4 23: 88 cut or sold outQ4 23Q1 24: 96 bought or addedQ1 24: 91 cut or sold outQ2 24: 94 bought or addedQ2 24: 93 cut or sold outQ2 24Q3 24: 78 bought or addedQ3 24: 97 cut or sold outQ4 24: 72 bought or addedQ4 24: 93 cut or sold outQ4 24Q1 25: 115 bought or addedQ1 25: 112 cut or sold outQ2 25: 130 bought or addedQ2 25: 100 cut or sold outQ2 25
Numbers
QuarterBought or addedCut or sold out
Q3 202310676
Q4 20238488
Q1 20249691
Q2 20249493
Q3 20247897
Q4 20247293
Q1 2025115112
Q2 2025130100

Calls vs puts

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

CallsPuts
$0$5m$10m$15mQ3 24 calls: $1.1mQ3 24 puts: $3.9mQ3 24P/C 3.50Q4 24 calls: $2.2mQ4 24 puts: $6.0mQ4 24P/C 2.78Q1 25 calls: $13.1mQ1 25 puts: $805.1kQ1 25P/C 0.06Q2 25 calls: $3.1mQ2 25 puts: $812.0kQ2 25P/C 0.26
Numbers
QuarterCallsPutsP/C
Q3 2024$1.1m$3.9m3.50
Q4 2024$2.2m$6.0m2.78
Q1 2025$13.1m$805.1k0.06
Q2 2025$3.1m$812.0k0.26

Biggest buyers

GLAZER CAPITAL, LLC Added +3,299,494+3.3m
UBS Group AG Added +2,298,720+2.3m
STATE STREET CORP Added +1,809,047+1.8m
Jefferies Financial Group Inc. Added +1,378,239+1.4m
FIL Ltd Added +1,367,602+1.4m
PSquared Asset Management AG New +1,296,128+1.3m
ROYAL BANK OF CANADA Added +982,802+982.8k
Birnam Oak Advisors, LP Added +681,000+681.0k
HSBC HOLDINGS PLC Added +596,425+596.4k
SYQUANT CAPITAL SAS New +568,177+568.2k

Biggest sellers

Irenic Capital Management LP Reduced -1,436,849-1.4m
KRYGER CAPITAL Ltd Sold out -1,424,976-1.4m
FIRST TRUST ADVISORS LP Reduced -1,218,948-1.2m
JPMORGAN CHASE & CO Reduced -986,625-986.6k
Pentwater Capital Management LP Reduced -800,135-800.1k
One68 Global Capital, LLC Sold out -637,678-637.7k
SONA ASSET MANAGEMENT (US) LLC Sold out -527,386-527.4k
MILLENNIUM MANAGEMENT LLC Reduced -526,569-526.6k
DIMENSIONAL FUND ADVISORS LP Reduced -520,730-520.7k
P SCHOENFELD ASSET MANAGEMENT LP Sold out -461,182-461.2k

Biggest calls

Caption Management, LLC New $1.3m50.0k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $818.9k31.8k shares
SIMPLEX TRADING, LLC Added $422.0k16.4k shares
GROUP ONE TRADING LLC Reduced $332.2k12.9k shares
WOLVERINE TRADING, LLC New $273.4k10.6k shares
CONCOURSE FINANCIAL GROUP SECURITIES, INC. Unchanged $00 shares
FNY Investment Advisers, LLC New $016 shares

Biggest puts

GROUP ONE TRADING LLC Reduced $401.7k15.6k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP New $252.3k9.8k shares
WOLVERINE ASSET MANAGEMENT LLC Unchanged $133.9k5.2k shares
SIMPLEX TRADING, LLC Unchanged $18.0k700 shares
GLAZER CAPITAL, LLC New $6.0k57 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
STATE STREET CORP 13G · institution +2.3 pts · filed 2025-08-11 7.1% +2.3 pts 5.5m 2025-08-11

Holders, Q2 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 BlackRock, Inc. 0.01% of their portfolio New York, NY 11,736,75111.7m $302.2m $302.2m 0.01% Reduced -224.4k -224,434
2 VANGUARD GROUP INC 0.00% of their portfolio Valley Forge, PA 6,723,1386.7m $173.1m $173.1m 0.00% Reduced -54.8k -54,831
3 STATE STREET CORP 0.01% of their portfolio BOSTON, MA 5,534,6275.5m $142.5m $142.5m 0.01% Added +1.8m +1,809,047
4 UBS Group AG 0.03% of their portfolio ZURICH, V8 4,780,7744.8m $123.1m $123.1m 0.03% Added +2.3m +2,298,720
5 GLAZER CAPITAL, LLC 3.49% of their portfolio New York, NY 3,792,0743.8m $97.6m $97.6m 3.49% Added +3.3m +3,299,494
6 GOLDMAN SACHS GROUP INC 0.02% of their portfolio NEW YORK, NY 3,651,4403.7m $94.0m $94.0m 0.02% Reduced -405.4k -405,378
7 FIL Ltd 0.07% of their portfolio HAMILTON, D0 3,108,6023.1m $80.0m $80.0m 0.07% Added +1.4m +1,367,602
8 Vision One Management Partners, LP 38.25% of their portfolio MIAMI, FL 2,472,8432.5m $63.7m $63.7m 38.25% Unchanged
9 Irenic Capital Management LP 13.31% of their portfolio NEW YORK, NY 2,350,1732.4m $60.5m $60.5m 13.31% Reduced -1.4m -1,436,849
10 Jefferies Financial Group Inc. 0.83% of their portfolio NEW YORK, NY 1,948,7141.9m $50.2m $50.2m 0.83% Added +1.4m +1,378,239
11 GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio BOSTON, MA 1,771,6041.8m $45.6m $45.6m 0.00% Reduced -4.5k -4,507
12 HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND 0.09% of their portfolio TORONTO, A6 1,685,0001.7m $43.4m $43.4m 0.09% Added +128.9k +128,900
13 TIG Advisors, LLC 2.30% of their portfolio New York, NY 1,636,2561.6m $42.1m $42.1m 2.30% Reduced -247.3k -247,261
14 Pentwater Capital Management LP 0.49% of their portfolio Naples, FL 1,500,0001.5m $38.6m $38.6m 0.49% Reduced -800.1k -800,135
15 ALLIANCEBERNSTEIN L.P. 0.01% of their portfolio NASHVILLE, TN 1,496,7191.5m $38.5m $38.5m 0.01% Added +346.9k +346,917
16 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 1,336,5811.3m $34.4m $34.4m 0.00% Reduced -130.1k -130,139
17 PSquared Asset Management AG 73.33% of their portfolio ZURICH, V8 1,296,1281.3m $333.8m $333.8m 73.33% New
18 AQR Arbitrage LLC 0.61% of their portfolio Greenwich, CT 1,018,9441.0m $26.2m $26.2m 0.61% Added +126.4k +126,405
19 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 1,009,3701.0m $26.0m $26.0m 0.00% Added +982.8k +982,802
20 Qube Research & Technologies Ltd 0.03% of their portfolio LONDON, X0 951,595951.6k $24.5m $24.5m 0.03% Added +497.0k +497,023
21 HSBC HOLDINGS PLC 0.01% of their portfolio LONDON, X0 872,995873.0k $22.5m $22.5m 0.01% Added +596.4k +596,425
22 MILLENNIUM MANAGEMENT LLC 0.02% of their portfolio NEW YORK, NY 830,205830.2k $21.4m $21.4m 0.02% Reduced -526.6k -526,569
23 NORTHERN TRUST CORP 0.00% of their portfolio CHICAGO, IL 803,706803.7k $20.7m $20.7m 0.00% Added +25.6k +25,625
24 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio SAN FRANCISCO, CA 786,967787.0k $20.3m $20.3m 0.00% Added +45.2k +45,237
25 Birnam Oak Advisors, LP 5.61% of their portfolio New York, NY 726,540726.5k $18.7m $18.7m 5.61% Added +681.0k +681,000
26 JANUS HENDERSON GROUP PLC 0.01% of their portfolio LONDON, X0 726,483726.5k $18.7m $18.7m 0.01% Added +58.7k +58,654
27 Invesco Ltd. 0.00% of their portfolio ATLANTA, GA 719,059719.1k $18.5m $18.5m 0.00% Reduced -42.7k -42,736
28 Polar Asset Management Partners Inc. 0.46% of their portfolio TORONTO, A6 710,178710.2k $18.3m $18.3m 0.46% Added +360.2k +360,178
29 Man Group plc 0.04% of their portfolio LONDON, X0 706,352706.4k $18.2m $18.2m 0.04% Added +75.0k +74,996
30 GABELLI FUNDS LLC 0.13% of their portfolio Rye, NY 686,902686.9k $17.7m $17.7m 0.13% Added +54.0k +53,990
31 ALPINE ASSOCIATES MANAGEMENT INC. 0.94% of their portfolio PALM BEACH, FL 680,271680.3k $17.5m $17.5m 0.94% Reduced -1.7k -1,729
32 GABELLI & Co INVESTMENT ADVISERS, INC. 2.33% of their portfolio Rye, NY 588,705588.7k $15.2m $15.2m 2.33% Added +100.4k +100,400
33 SYQUANT CAPITAL SAS 4.85% of their portfolio PARIS, I0 568,177568.2k $14.6m $14.6m 4.85% New
34 DEUTSCHE BANK AG\ 0.01% of their portfolio FRANKFURT AM MAIN, 2M 564,590564.6k $14.5m $14.5m 0.01% Added +326.7k +326,737
35 MARSHALL WACE, LLP 0.02% of their portfolio LONDON, X0 553,530553.5k $14.3m $14.3m 0.02% Added +207.0k +206,994
36 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 537,756537.8k $13.8m $13.8m 0.00% Reduced -986.6k -986,625
37 NORGES BANK 0.00% of their portfolio OSLO, Q8 473,500473.5k $12.2m $12.2m 0.00% Reduced -75.0k -75,000
38 SOROS FUND MANAGEMENT LLC 0.20% of their portfolio NEW YORK, NY 459,243459.2k $11.8m $11.8m 0.20% Added +25.4k +25,404
39 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 452,802452.8k $11.7m $11.7m 0.00% Reduced -8.7k -8,688
40 Meteora Capital, LLC 2.11% of their portfolio Boca Raton, FL 439,108439.1k $11.3m $11.3m 2.11% New
41 PRINCIPAL FINANCIAL GROUP INC 0.01% of their portfolio DES MOINES, IA 383,675383.7k $9.9m $9.9m 0.01% Reduced -1.5k -1,523
42 Trexquant Investment LP 0.11% of their portfolio STAMFORD, CT 374,687374.7k $9.6m $9.6m 0.11% New
43 Nuveen, LLC 0.00% of their portfolio CHARLOTTE, NC 366,393366.4k $9.4m $9.4m 0.00% Reduced -94.3k -94,285
44 Squarepoint Ops LLC 0.02% of their portfolio NEW YORK, NY 355,992356.0k $9.2m $9.2m 0.02% New
45 KENNEDY CAPITAL MANAGEMENT LLC 0.19% of their portfolio ST LOUIS, MO 307,663307.7k $7.9m $7.9m 0.19% Reduced -54.6k -54,632
46 CITADEL ADVISORS LLC 0.01% of their portfolio MIAMI, FL 303,475303.5k $7.8m $7.8m 0.01% Added +108.1k +108,122
47 CANADA PENSION PLAN INVESTMENT BOARD 0.01% of their portfolio TORONTO ONTARIO, A6 301,400301.4k $7.8m $7.8m 0.01% Unchanged
48 UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio NEW YORK, NY 290,636290.6k $7.5m $7.5m 0.00% Added +65.1k +65,081
49 Public Sector Pension Investment Board 0.03% of their portfolio MONTREAL, A8 263,555263.6k $6.8m $6.8m 0.03% Added +18.1k +18,119
50 RENAISSANCE TECHNOLOGIES LLC 0.01% of their portfolio NEW YORK, NY 257,300257.3k $6.6m $6.6m 0.01% New
51 NISA INVESTMENT ADVISORS, LLC 0.03% of their portfolio ST. LOUIS, MO 256,153256.2k $6.6m $6.6m 0.03% Reduced -470 -470
52 New York Life Investment Management LLC 0.06% of their portfolio New York, NY 254,393254.4k $6.6m $6.6m 0.06% Added +23.1k +23,101
53 Quarry LP 1.48% of their portfolio NEW YORK, NY 248,603248.6k $6.4m $6.4m 1.48% Added +223.6k +223,557
54 RHUMBLINE ADVISERS 0.01% of their portfolio BOSTON, MA 248,087248.1k $6.4m $6.4m 0.01% Added +4.3k +4,342
55 BARCLAYS PLC 0.00% of their portfolio LONDON, X0 244,944244.9k $6.3m $6.3m 0.00% Reduced -95.1k -95,077
56 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 243,931243.9k $6.3m $6.3m 0.00% Reduced -21.6k -21,607
57 Legal & General Group Plc 0.00% of their portfolio London, X0 239,479239.5k $6.2m $6.2m 0.00% Added +14.5k +14,496
58 TOKIO MARINE ASSET MANAGEMENT CO LTD 0.23% of their portfolio Tokyo, M0 237,300237.3k $6.1m $6.1m 0.23% Reduced -135.3k -135,300
59 WATER ISLAND CAPITAL LLC 0.99% of their portfolio NEW YORK, NY 220,294220.3k $5.7m $5.7m 0.99% Reduced -408.6k -408,647
60 BARDIN HILL MANAGEMENT PARTNERS LP 3.49% of their portfolio NEW YORK, NY 216,547216.5k $5.6m $5.6m 3.49% New
61 CITIGROUP INC 0.00% of their portfolio NEW YORK, NY 206,289206.3k $5.3m $5.3m 0.00% Added +50.9k +50,934
62 WINTON GROUP Ltd 0.27% of their portfolio LONDON, X0 203,601203.6k $5.2m $5.2m 0.27% Added +163.8k +163,766
63 ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.00% of their portfolio BOSTON, MA 202,771202.8k $5.2m $5.2m 0.00% Added +179.2k +179,228
64 NATIONAL BANK OF CANADA /FI/ 0.01% of their portfolio MONTREAL, A8 200,000200.0k $5.2m $5.2m 0.01% Reduced -110.0k -110,000
65 WOLVERINE ASSET MANAGEMENT LLC 0.09% of their portfolio CHICAGO, IL 197,608197.6k $5.1m $5.1m 0.09% Added +121.3k +121,307
66 PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO 0.02% of their portfolio COLUMBUS, OH 187,434187.4k $4.8m $4.8m 0.02% Added +47.8k +47,843
67 GAMCO INVESTORS, INC. ET AL 0.05% of their portfolio GREENWICH, CT 184,680184.7k $4.8m $4.8m 0.05% Reduced -198.3k -198,339
68 Yakira Capital Management, Inc. 1.73% of their portfolio Westport, CT 182,898182.9k $4.7m $4.7m 1.73% Added +77.9k +77,853
69 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 169,513169.5k $4.4m $4.4m 0.00% Reduced -5.2k -5,242
70 Rock Point Advisors, LLC 1.15% of their portfolio BURLINGTON, VT 157,773157.8k $4.1m $4.1m 1.15% Reduced -70.8k -70,796
71 INTECH INVESTMENT MANAGEMENT LLC 0.03% of their portfolio WEST PALM BEACH, FL 143,949143.9k $3.7m $3.7m 0.03% Added +80.2k +80,188
72 Swiss National Bank 0.00% of their portfolio ZURICH, V8 140,500140.5k $3.6m $3.6m 0.00% Reduced -1.9k -1,900
73 LMR Partners LLP 0.05% of their portfolio LONDON, X0 133,285133.3k $3.4m $3.4m 0.05% New
74 Capula Management Ltd 0.04% of their portfolio Grand Cayman, E9 132,353132.4k $3.4m $3.4m 0.04% Not comparable
75 Y-Intercept (Hong Kong) Ltd 0.08% of their portfolio HONG KONG, K3 125,112125.1k $3.2m $3.2m 0.08% New
76 ANGELO GORDON & CO., L.P. 0.42% of their portfolio NEW YORK, NY 123,370123.4k $3.2m $3.2m 0.42% Reduced -141.6k -141,630
77 Quantbot Technologies LP 0.08% of their portfolio NEW YORK, NY 115,262115.3k $3.0m $3.0m 0.08% New
78 Verition Fund Management LLC 0.02% of their portfolio GREENWICH, CT 113,357113.4k $2.9m $2.9m 0.02% Reduced -400.0k -399,960
79 Homestead Advisers Corp 0.07% of their portfolio Arlington, VA 108,130108.1k $2.8m $2.8m 0.07% Reduced -49.2k -49,200
80 Vestcor Inc 0.08% of their portfolio FREDERICTON, A3 100,000100.0k $2.6m $2.6m 0.08% Unchanged
81 Skandinaviska Enskilda Banken AB (publ) 0.01% of their portfolio STOCKHOLM, V7 97,68297.7k $2.5m $2.5m 0.01% New
82 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 94,74294.7k $2.4m $2.4m 0.00% Reduced -4.3k -4,256
83 NEW YORK STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio ALBANY, NY 90,28190.3k $2.3m $2.3m 0.00% Unchanged
84 Carmignac Gestion 0.04% of their portfolio PARIS, I0 89,81889.8k $2.3m $2.3m 0.04% Added +24.7k +24,720
85 Chicago Capital Management, LLC 1.61% of their portfolio CHICAGO, IL 85,00085.0k $2.2m $2.2m 1.61% Unchanged
86 Assenagon Asset Management S.A. 0.00% of their portfolio SENNINGERBERG, N4 84,85184.9k $2.2m $2.2m 0.00% New
87 BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio PARIS, I0 80,69580.7k $2.1m $2.1m 0.00% Added +62.8k +62,772
88 PRUDENTIAL FINANCIAL INC 0.00% of their portfolio NEWARK, NJ 80,60780.6k $2.1m $2.1m 0.00% Added +3.8k +3,832
89 PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio BALTIMORE, MD 78,88878.9k $2.0m $2.0m 0.00% Reduced -8.1k -8,056
90 AQR CAPITAL MANAGEMENT LLC 0.00% of their portfolio Greenwich, CT 77,10977.1k $2.0m $2.0m 0.00% Added +7.7k +7,651
91 Neo Ivy Capital Management 0.59% of their portfolio NEW YORK, NY 72,06472.1k $1.9m $1.9m 0.59% New
92 VOLORIDGE INVESTMENT MANAGEMENT, LLC 0.01% of their portfolio JUPITER, FL 71,26971.3k $1.8m $1.8m 0.01% Added +21.7k +21,697
93 TWO SIGMA INVESTMENTS, LP 0.00% of their portfolio NEW YORK, NY 69,50069.5k $1.8m $1.8m 0.00% Added +23.0k +23,000
94 CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio WEST SACRAMENTO, CA 67,95268.0k $1.7m $1.7m 0.00% Added +975 +975
95 CANADA LIFE ASSURANCE Co 0.00% of their portfolio WINNIPEG, A2 66,31466.3k $1.7m $1.7m 0.00% Reduced -2.1k -2,092
96 Fisher Asset Management, LLC 0.00% of their portfolio PLANO, TX 65,69665.7k $1.7m $1.7m 0.00% Unchanged
97 Virtu Financial LLC 0.08% of their portfolio New York, NY 63,23663.2k $1.6m $1.6m 0.08% Added +28.1k +28,062
98 Thrivent Financial for Lutherans 0.00% of their portfolio Minneapolis, MN 56,91956.9k $1.5m $1.5m 0.00% Added +61 +61
99 DIMENSIONAL FUND ADVISORS LP 0.00% of their portfolio AUSTIN, TX 56,47856.5k $1.5m $1.5m 0.00% Reduced -520.7k -520,730
100 RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio ST. PETERSBURG, FL 56,39956.4k $1.5m $1.5m 0.00% Reduced -847 -847