TORM PLC TRMD
SHS CL A · Common Stock · CUSIP G89479102
- SectorIndustrials
- IndustryDeep Sea Foreign Transportation of Freight
- 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 ($821.9k this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $39.01. Options: 6 managers hold calls ($13.2m notional), 6 hold puts ($18.1m).
Trends to Q2 2024
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 56 |
| Q4 2022 | 64 |
| Q1 2023 | 63 |
| Q2 2023 | 69 |
| Q3 2023 | 78 |
| Q4 2023 | 92 |
| Q1 2024 | 120 |
| Q2 2024 | 144 |
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 | 35 | 27 |
| Q1 2023 | 34 | 32 |
| Q2 2023 | 38 | 34 |
| Q3 2023 | 50 | 34 |
| Q4 2023 | 57 | 36 |
| Q1 2024 | 75 | 38 |
| Q2 2024 | 101 | 40 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2023 | $6.4m | $6.0m | 0.94 |
| Q4 2023 | $3.5m | $20.3m | 5.73 |
| Q1 2024 | $7.9m | $30.1m | 3.82 |
| Q2 2024 | $13.2m | $18.1m | 1.37 |
Biggest buyers
| MARSHALL WACE, LLP | Added | +1.3m |
| ACADIAN ASSET MANAGEMENT LLC | Added | +964.8k |
| JPMORGAN CHASE & CO | Added | +668.0k |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC | Added | +561.6k |
| TWO SIGMA ADVISERS, LP | Added | +538.6k |
| Aventail Capital Group, LP | New | +531.0k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | Added | +416.5k |
| BANK OF AMERICA CORP /DE/ | Added | +364.1k |
| VANGUARD GROUP INC | Added | +325.9k |
| TWO SIGMA INVESTMENTS, LP | Added | +324.7k |
Biggest sellers
| OAKTREE CAPITAL MANAGEMENT LP | Reduced | -6.9m |
| Man Group plc | Sold out | -181.0k |
| MILLENNIUM MANAGEMENT LLC | Reduced | -113.2k |
| CITADEL ADVISORS LLC | Reduced | -65.6k |
| DekaBank Deutsche Girozentrale | Reduced | -55.0k |
| Allianz Asset Management GmbH | Reduced | -42.4k |
| Quantbot Technologies LP | Reduced | -33.4k |
| Tejara Capital Ltd | Sold out | -22.9k |
| DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main | Reduced | -13.8k |
| Scientech Research LLC | Sold out | -12.6k |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $5.3m135.9k shares |
| GROUP ONE TRADING LLC | Added | $4.2m107.3k shares |
| D. E. Shaw & Co., Inc. | New | $1.4m36.8k shares |
| CITADEL ADVISORS LLC | Reduced | $1.3m32.5k shares |
| SIMPLEX TRADING, LLC | Added | $1.1m27.5k shares |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | Unchanged | $00 shares |
Biggest puts
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $9.5m244.5k shares |
| JANE STREET GROUP, LLC | Reduced | $3.5m90.7k shares |
| SIMPLEX TRADING, LLC | Reduced | $3.1m81.1k shares |
| CITADEL ADVISORS LLC | Added | $1.3m34.0k shares |
| GROUP ONE TRADING LLC | Reduced | $600.9k15.5k 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 |
|---|---|
| Oaktree Capital Group Holdings GP, LLC 13D · may seek influence -3.5 pts · filed 2026-06-23 | 19.9% |
| Hafnia Ltd 13D · may seek influence +1.6 pts · filed 2026-09-25 | 19.9% |
Fell to 5% or below in the last year: Oaktree Capital Holdings, LLC (0.0%, 2026-10-07; now reported by Oaktree Capital Group Holdings GP, LLC)
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.
None reported in Q2 2024.
Holders, Q2 2024
| Manager | Shares | Change |
|---|---|---|
| OAKTREE CAPITAL MANAGEMENT LP 29.72% of their portfolio | 44.1m $1.7bn | Reduced -6.9m |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.08% of their portfolio | 2.2m $87.1m | Added +416.5k |
| VANGUARD GROUP INC 0.00% of their portfolio | 1.5m $58.4m | Added +325.9k |
| MARSHALL WACE, LLP 0.08% of their portfolio | 1.4m $55.4m | Added +1.3m |
| MORGAN STANLEY 0.00% of their portfolio | 1.3m $50.7m | Added +156.7k |
| ACADIAN ASSET MANAGEMENT LLC 0.15% of their portfolio | 1.3m $49.2m | Added +964.8k |
| TWO SIGMA ADVISERS, LP 0.11% of their portfolio | 1.2m $47.9m | Added +538.6k |
| TWO SIGMA INVESTMENTS, LP 0.10% of their portfolio | 1.1m $41.4m | Added +324.7k |
| NORGES BANK 0.01% of their portfolio | 954.4k $37.3m | Added +187.3k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 844.7k $32.8m | Added +668.0k |
| GOLDMAN SACHS GROUP INC 0.01% of their portfolio | 683.0k $26.5m | Added +255.1k |
| RENAISSANCE TECHNOLOGIES LLC 0.04% of their portfolio | 669.2k $25.9m | Added +187.3k |
| FIL Ltd 0.02% of their portfolio | 641.6k $25.1m | Unchanged |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC 0.08% of their portfolio | 573.3k $22.2m | Added +561.6k |
| Aventail Capital Group, LP 1.44% of their portfolio | 531.0k $20.6m | New |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 388.1k $15.0m | Added +364.1k |
| Bank of New York Mellon Corp 0.00% of their portfolio | 355.2k $13.8m | Added +8.2k |
| Nuveen Asset Management, LLC 0.00% of their portfolio | 342.5k $13.4m | Added +30.0k |
| HSBC HOLDINGS PLC 0.01% of their portfolio | 246.4k $9.6m | New |
| BARCLAYS PLC 0.00% of their portfolio | 232.4k $9.0m | Added +79.9k |
| CITIGROUP INC 0.01% of their portfolio | 222.3k $8.7m | Added +215.8k |
| D. E. Shaw & Co., Inc. 0.01% of their portfolio | 197.3k $7.7m | New |
| UBS Group AG 0.00% of their portfolio | 175.9k $6.8m | Added +126.8k |
| Allianz Asset Management GmbH 0.01% of their portfolio | 148.9k $5.8m | Reduced -42.4k |
| Cubist Systematic Strategies, LLC 0.10% of their portfolio | 147.8k $5.7m | Added +44.3k |
| Ramirez Asset Management, Inc. 0.99% of their portfolio | 125.5k $4.9m | Reduced -6.8k |
| Lighthouse Investment Partners, LLC 0.24% of their portfolio | 110.0k $4.3m | Added +80.8k |
| Walleye Capital LLC 0.04% of their portfolio | 100.2k $3.9m | New |
| Trexquant Investment LP 0.06% of their portfolio | 95.5k $3.7m | Added +61.6k |
| Swiss National Bank 0.00% of their portfolio | 92.8k $3.6m | Added +13.2k |
| BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio | 91.6k $3.6m | Added +56.5k |
| JANE STREET GROUP, LLC 0.00% of their portfolio | 90.8k $3.5m | Added +77.6k |
| PDT Partners, LLC 0.32% of their portfolio | 86.4k $3.3m | Added +54.7k |
| MILLENNIUM MANAGEMENT LLC 0.00% of their portfolio | 84.2k $3.3m | Reduced -113.2k |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 81.1k $3.1m | Added +616 |
| PLATINUM INVESTMENT MANAGEMENT LTD 0.13% of their portfolio | 79.8k $3.1m | Unchanged |
| Jump Financial, LLC 0.06% of their portfolio | 77.6k $3.0m | Added +28.5k |
| CITADEL ADVISORS LLC 0.00% of their portfolio | 71.6k $2.8m | Reduced -65.6k |
| DEUTSCHE BANK AG\ 0.00% of their portfolio | 69.6k $2.7m | Added +29.6k |
| Aquatic Capital Management LLC 0.10% of their portfolio | 66.5k $2.6m | Added +38.2k |
| Legal & General Group Plc 0.00% of their portfolio | 58.8k $2.3m | Added +58.2k |
| Balyasny Asset Management L.P. 0.01% of their portfolio | 57.2k $2.2m | New |
| Y-Intercept (Hong Kong) Ltd 0.12% of their portfolio | 54.2k $2.1m | New |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio | 53.2k $2.1m | New |
| LPL Financial LLC 0.00% of their portfolio | 52.1k $2.0m | Added +920 |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio | 50.7k $2.0m | Reduced -7.7k |
| STEPHENS INC /AR/ 0.03% of their portfolio | 50.2k $1.9m | Reduced -5.3k |
| Quantbot Technologies LP 0.09% of their portfolio | 47.7k $1.9m | Reduced -33.4k |
| Midwest Professional Planners, LTD. 0.58% of their portfolio | 44.9k $1.7m | Added +3.8k |
| SEI INVESTMENTS CO 0.00% of their portfolio | 43.5k $1.7m | Added +31.1k |
| State of New Jersey Common Pension Fund D 0.01% of their portfolio | 42.8k $1.7m | New |
| Polymer Capital Management (HK) LTD 0.33% of their portfolio | 42.4k $1.6m | New |
| Schonfeld Strategic Advisors LLC 0.01% of their portfolio | 39.3k $1.5m | Added +16.6k |
| NEW YORK STATE COMMON RETIREMENT FUND 0.00% of their portfolio | 34.7k $1.3m | New |
| Employees Retirement System of Texas 0.01% of their portfolio | 34.5k $1.3m | Unchanged |
| ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio | 33.3k $1.3m | Added +6.5k |
| FIRST TRUST ADVISORS LP 0.00% of their portfolio | 31.4k $1.2m | Reduced -9.1k |
| Glenorchy Capital Ltd 0.87% of their portfolio | 30.4k $1.2m | Reduced -476 |
| Mitsubishi UFJ Trust & Banking Corp 0.00% of their portfolio | 25.4k $968.3k | New |
| Harbour Capital Advisors, LLC 0.21% of their portfolio | 23.1k $882.7k | Reduced -810 |
| SG Americas Securities, LLC 0.01% of their portfolio | 22.9k $888.0k | Added +19.6k |
| Kovack Advisors, Inc. 0.09% of their portfolio | 21.0k $814.7k | Added +524 |
| Hibernia Wealth Partners, LLC 0.27% of their portfolio | 19.9k $770.8k | Added +9.7k |
| Point72 Asset Management, L.P. 0.00% of their portfolio | 19.2k $744.4k | New |
| COMMONWEALTH OF PENNSYLVANIA PUBLIC SCHOOL EMPLS RETRMT SYS 0.00% of their portfolio | 17.9k $694.6k | New |
| Mariner, LLC 0.00% of their portfolio | 17.8k $690.5k | Added +2.3k |
| NewEdge Advisors, LLC 0.00% of their portfolio | 16.7k $648.8k | Added +368 |
| Manatuck Hill Partners, LLC 0.26% of their portfolio | 15.0k $581.5k | Added +5.0k |
| TD Waterhouse Canada Inc. 0.00% of their portfolio | 13.8k $529.6k | Reduced -355 |
| Compound Planning, Inc. 0.04% of their portfolio | 12.7k $491.5k | Reduced -586 |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 12.0k $466.0k | Added +1 |
| CAUSEWAY CAPITAL MANAGEMENT LLC 0.01% of their portfolio | 11.7k $458.1k | Unchanged |
| Vanguard Personalized Indexing Management, LLC 0.01% of their portfolio | 11.2k $433.3k | Added +811 |
| State of Tennessee, Department of Treasury 0.00% of their portfolio | 11.2k $434.1k | Added +9.5k |
| HRT FINANCIAL LP 0.00% of their portfolio | 11.2k $433.0k | Added +5.1k |
| Farther Finance Advisors, LLC 0.02% of their portfolio | 11.0k $419.3k | New |
| XTX Topco Ltd 0.04% of their portfolio | 10.9k $423.6k | Added +2.2k |
| Engineers Gate Manager LP 0.01% of their portfolio | 10.5k $408.9k | New |
| M&T Bank Corp 0.00% of their portfolio | 10.5k $408.2k | New |
| CAPSTONE INVESTMENT ADVISORS, LLC 0.01% of their portfolio | 10.4k $402.2k | Reduced -6.2k |
| Virtu Financial LLC 0.03% of their portfolio | 10.1k $391.0k | Reduced -7.0k |
| Herr Investment Group LLC 0.11% of their portfolio | 10.0k $387.7k | New |
| PSI Advisors, LLC 0.12% of their portfolio | 9.8k $380.3k | Added +6.6k |
| EPACRIA CAPITAL PARTNERS, LLC 0.27% of their portfolio | 9.5k $366.8k | Reduced -11.0k |
| Quantum Portfolio Management LLC 0.21% of their portfolio | 9.5k $366.5k | New |
| MACKENZIE FINANCIAL CORP 0.00% of their portfolio | 9.4k $368.6k | Reduced -12.5k |
| Zurcher Kantonalbank (Zurich Cantonalbank) 0.00% of their portfolio | 9.3k $365.0k | Added +1.0k |
| PNC Financial Services Group, Inc. 0.00% of their portfolio | 9.2k $355.5k | Unchanged |
| Cambridge Investment Research Advisors, Inc. 0.00% of their portfolio | 8.6k $334.0k | New |
| PFG Advisors 0.02% of their portfolio | 8.3k $323.3k | Added +1.5k |
| Foster Victor Wealth Advisors, LLC 0.03% of their portfolio | 8.2k $313.1k | Unchanged |
| Invesco Ltd. 0.00% of their portfolio | 7.7k $297.8k | Added +43 |
| Amundi 0.00% of their portfolio | 7.6k $298.6k | Added +2.1k |
| U S GLOBAL INVESTORS INC 0.03% of their portfolio | 7.2k $265.5k | Added +60 |
| WEXFORD CAPITAL LP 0.07% of their portfolio | 6.7k $260.3k | New |
| OSAIC HOLDINGS, INC. 0.00% of their portfolio | 6.6k $255.1k | Reduced -2.2k |
| MERCER GLOBAL ADVISORS INC /ADV 0.00% of their portfolio | 6.5k $253.3k | Added +100 |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 6.4k $249.0k | Added +2.7k |
| Raymond James Financial Services Advisors, Inc. 0.00% of their portfolio | 6.2k $241.4k | New |
| Lion Street Advisors, LLC 0.08% of their portfolio | 5.6k $215.7k | New |