Who owns TMC the metals company (TMC)
Which tracked institutional funds hold TMC, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See TMC company fundamentals →
Ownership as of the 2026-Q2 13F filings (latest filed 2026-09-22). 13F is disclosed up to 45 days after quarter-end, so the most recent quarter fills in over the following weeks.
How the tape is positioned
20 tracked funds added or opened TMC while 27 trimmed or exited it between 2026-Q1 and 2026-Q2 — the tape is split. When large holders disagree on a name, the funds moving first are sometimes ahead of the story.
A prompt to read the filings, not a verdict. 13F is a quarter-end snapshot disclosed up to 45 days late; a fund adds or exits for mandate, benchmark, and timing reasons that have nothing to do with a view on the stock. This is a starting question, not a signal to trade.
Conviction spread
TMC’s largest tracked holder by dollar value, FIRST MANHATTAN CO. LLC., sizes it at 0.2% of its own reported 13F book, while the median holder sizes it at 0.0% of theirs — a 0.2pp conviction gap — its largest holder concentrates the name more heavily than the typical one.
Book-share is each fund’s reported value in TMC divided by its whole reported 13F book, so it is comparable across funds of different sizes and is unaffected by stock splits. A higher share means a fund has committed more of its book to the name — a starting question about conviction, not a verdict or a signal to trade.
Institutional & insider positioning
Between 2026-Q1 and 2026-Q2, across 205 tracked filers holding TMC, 103 increased or opened the position and 84 reduced or closed it; over the same quarter, open-market insider Form 4s were net sales.
This fuses two public signals for the same quarter — how tracked institutions changed their positions and whether insiders bought or sold in the open market. It describes what was filed; it is a starting question, not a verdict or a signal to trade.
New buyers & exits
Funds opening or closing a position in TMC between the 2026-Q1 and 2026-Q2 13F filings, and the largest changes among funds holding it in both. New buyers and exits are counted on fund presence (split-invariant); adds and trims are measured on reported value.
New buyers 4
- Anson Funds Management LP$12M
- Yorkville Advisors Global, LP$9M
- WINTON GROUP Ltd$975K
- WIM INVESTMENT MANAGEMENT Ltd$792K
Full exits 10
- TENOR CAPITAL MANAGEMENT Co., L.P.$22M
- HRT FINANCIAL LP$5M
- Aquatic Capital Management LLC$3M
- Jump Financial, LLC$1M
- Verition Fund Management LLC$1M
- Quantbot Technologies LP$1M
Largest adds
- Point72 Asset Management, L.P.$3M
- Trexquant Investment LP$2M
- XTX Topco Ltd$2M
- SUSQUEHANNA INTERNATIONAL GROUP, LLP$1M
- BALYASNY ASSET MANAGEMENT L.P.$1M
- BlackRock, Inc.$762K
Largest trims
- JANE STREET GROUP, LLC$22M
- MARSHALL WACE, LLP$4M
- Walleye Capital LLC$4M
- FIRST MANHATTAN CO. LLC.$4M
- UBS Group AG$2M
- CITADEL ADVISORS LLC$2M
Institutional holders
One row per tracked fund, most shares held first (every row is from one quarter; reported value breaks ties). “% of value” is the fund’s share of this security’s tracked institutional value — not of shares outstanding.
| Fund | Shares | Reported value | % of value | Quarter |
|---|---|---|---|---|
| FIRST MANHATTAN CO. LLC. | 15,315,924 | $68M | 26.4% | 2026-Q2 |
| CITADEL ADVISORS LLC trimmed | 3,275,718 | $15M | 5.6% | 2026-Q2 |
| MILLENNIUM MANAGEMENT LLC trimmed | 2,935,946 | $13M | 5.1% | 2026-Q2 |
| Anson Funds Management LP new | 2,644,476 | $12M | 4.6% | 2026-Q2 |
| Baird Financial Group, Inc. trimmed | 2,429,803 | $11M | 4.2% | 2026-Q2 |
| JANE STREET GROUP, LLC trimmed | 2,427,576 | $11M | 4.2% | 2026-Q2 |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP added | 2,368,461 | $10M | 4.1% | 2026-Q2 |
| LMR Partners LLP | 1,994,782 | $299K | 0.1% | 2026-Q2 |
| TUDOR INVESTMENT CORP ET AL added | 1,691,752 | $7M | 2.9% | 2026-Q2 |
| MARSHALL WACE, LLP trimmed | 1,572,699 | $7M | 2.7% | 2026-Q2 |
| BlackRock, Inc. added | 1,479,956 | $7M | 2.5% | 2026-Q2 |
| Yorkville Advisors Global, LP new | 1,303,900 | $9M | 3.6% | 2026-Q2 |
| Old West Investment Management, LLC | 1,204,038 | $5M | 2.1% | 2026-Q2 |
| STATE STREET CORP added | 1,143,002 | $5M | 2.0% | 2026-Q2 |
| GROUP ONE TRADING LLC added | 1,055,308 | $5M | 1.8% | 2026-Q2 |
| Caption Management, LLC | 932,593 | $140K | 0.1% | 2026-Q2 |
| RENAISSANCE TECHNOLOGIES LLC added | 894,400 | $4M | 1.5% | 2026-Q2 |
| UBS Group AG trimmed | 864,728 | $4M | 1.5% | 2026-Q2 |
| Point72 Asset Management, L.P. added | 822,415 | $4M | 1.4% | 2026-Q2 |
| BOOTHBAY FUND MANAGEMENT, LLC added | 780,000 | $3M | 1.3% | 2026-Q2 |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. added | 642,898 | $3M | 1.1% | 2026-Q2 |
| VANGUARD PORTFOLIO MANAGEMENT LLC added | 635,840 | $3M | 1.1% | 2026-Q2 |
| Mirador Capital Partners LP added | 613,528 | $3M | 1.1% | 2026-Q2 |
| Legend Capital Advisors LLC trimmed | 613,294 | $3M | 1.1% | 2026-Q2 |
| XTX Topco Ltd added | 592,788 | $3M | 1.0% | 2026-Q2 |
| GOLDMAN SACHS GROUP INC trimmed | 479,112 | $2M | 0.8% | 2026-Q2 |
| Trexquant Investment LP added | 458,586 | $2M | 0.8% | 2026-Q2 |
| BALYASNY ASSET MANAGEMENT L.P. added | 445,420 | $2M | 0.8% | 2026-Q2 |
| MORGAN STANLEY added | 438,708 | $2M | 0.8% | 2026-Q2 |
| Swiss National Bank added | 434,700 | $2M | 0.7% | 2026-Q2 |
| GEODE CAPITAL MANAGEMENT, LLC added | 372,877 | $2M | 0.6% | 2026-Q2 |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC added | 367,404 | $2M | 0.6% | 2026-Q2 |
| IMC-Chicago, LLC added | 345,823 | $2M | 0.6% | 2026-Q2 |
| Walleye Capital LLC trimmed | 344,674 | $2M | 0.6% | 2026-Q2 |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM trimmed | 240,749 | $1M | 0.4% | 2026-Q2 |
| BANK OF MONTREAL /CAN/ added | 238,483 | $1M | 0.4% | 2026-Q2 |
| Headlands Technologies LLC added | 229,636 | $1M | 0.4% | 2026-Q2 |
| WINTON GROUP Ltd added | 220,064 | $975K | 0.4% | 2026-Q2 |
| Walleye Trading LLC added | 205,355 | $910K | 0.4% | 2026-Q2 |
| D. E. Shaw & Co., Inc. added | 201,456 | $892K | 0.3% | 2026-Q2 |
| BANK OF AMERICA CORP /DE/ added | 192,909 | $855K | 0.3% | 2026-Q2 |
| KIRTLAND HILLS CAPITAL MANAGEMENT, LLC | 192,139 | $851K | 0.3% | 2026-Q2 |
| WELLS FARGO & COMPANY/MN added | 189,655 | $840K | 0.3% | 2026-Q2 |
| Rockefeller Capital Management L.P. trimmed | 185,568 | $822K | 0.3% | 2026-Q2 |
| WIM INVESTMENT MANAGEMENT Ltd new | 178,800 | $792K | 0.3% | 2026-Q2 |
| NORTHERN TRUST CORP added | 172,508 | $764K | 0.3% | 2026-Q2 |
| Foundations Investment Advisors, LLC trimmed | 153,469 | $680K | 0.3% | 2026-Q2 |
| Legal & General Group Plc added | 152,752 | $677K | 0.3% | 2026-Q2 |
| SLT Holdings LLC trimmed | 152,700 | $676K | 0.3% | 2026-Q2 |
| JPMORGAN CHASE & CO added | 151,617 | $641K | 0.2% | 2026-Q2 |
| LPL Financial LLC trimmed | 147,516 | $653K | 0.3% | 2026-Q2 |
| VANGUARD ASSET MANAGEMENT, Ltd | 144,269 | $639K | 0.2% | 2026-Q2 |
| AQR CAPITAL MANAGEMENT LLC added | 135,218 | $599K | 0.2% | 2026-Q2 |
| MAI Capital Management added | 125,861 | $558K | 0.2% | 2026-Q2 |
| Independent Advisor Alliance trimmed | 124,398 | $551K | 0.2% | 2026-Q2 |
| RAYMOND JAMES FINANCIAL INC trimmed | 122,136 | $541K | 0.2% | 2026-Q2 |
| TWO SIGMA INVESTMENTS, LP trimmed | 114,813 | $509K | 0.2% | 2026-Q2 |
| Advisory Services Network, LLC added | 106,362 | $471K | 0.2% | 2026-Q2 |
| Centiva Capital, LP added | 100,000 | $443K | 0.2% | 2026-Q2 |
| Jupiter Topco LLC new | 98,100 | $434K | 0.2% | 2026-Q2 |
| Cetera Investment Advisers trimmed | 94,123 | $417K | 0.2% | 2026-Q2 |
| Engineers Gate Manager LP added | 90,647 | $402K | 0.2% | 2026-Q2 |
| COMMONWEALTH EQUITY SERVICES, LLC trimmed | 82,024 | $363K | 0.1% | 2026-Q2 |
| OSAIC HOLDINGS, INC. added | 79,970 | $354K | 0.1% | 2026-Q2 |
| GUGGENHEIM CAPITAL LLC added | 79,051 | $350K | 0.1% | 2026-Q2 |
| WEALTH ENHANCEMENT ADVISORY SERVICES, LLC added | 74,560 | $314K | 0.1% | 2026-Q2 |
| CAPSTONE INVESTMENT ADVISORS, LLC trimmed | 74,392 | $330K | 0.1% | 2026-Q2 |
| KLP KAPITALFORVALTNING AS added | 70,900 | $314K | 0.1% | 2026-Q2 |
| BECKER CAPITAL MANAGEMENT INC | 67,862 | $301K | 0.1% | 2026-Q2 |
| Squarepoint Ops LLC trimmed | 60,126 | $266K | 0.1% | 2026-Q2 |
| ARIZONA STATE RETIREMENT SYSTEM added | 59,765 | $265K | 0.1% | 2026-Q2 |
| nVerses Capital, LLC added | 57,813 | $256K | 0.1% | 2026-Q2 |
| Optivise Advisory Services LLC added | 53,070 | $235K | 0.1% | 2026-Q2 |
| Vanguard Investments Australia, Ltd. | 52,903 | $234K | 0.1% | 2026-Q2 |
| SIMPLEX TRADING, LLC trimmed | 51,114 | $226K | 0.1% | 2026-Q2 |
| OCCUDO QUANTITATIVE STRATEGIES LP new | 50,957 | $226K | 0.1% | 2026-Q2 |
| Man Group plc new | 50,138 | $222K | 0.1% | 2026-Q2 |
| Hubbell Strickland Wealth Management, LLC | 49,568 | $220K | 0.1% | 2026-Q2 |
| CARLSON FINANCIAL, INC. added | 46,933 | $208K | 0.1% | 2026-Q2 |
| Nuveen, LLC new | 46,512 | $206K | 0.1% | 2026-Q2 |
| Zurcher Kantonalbank (Zurich Cantonalbank) | 44,895 | $199K | 0.1% | 2026-Q2 |
| OpenArc Corporate Advisory, LLC added | 43,050 | $191K | 0.1% | 2026-Q2 |
| Kestra Advisory Services, LLC trimmed | 40,841 | $181K | 0.1% | 2026-Q2 |
| Pictet Asset Management Holding SA | 39,578 | $175K | 0.1% | 2026-Q2 |
| One Wealth Management Investment & Advisory Services, LLC added | 38,600 | $171K | 0.1% | 2026-Q2 |
| Oasis Management Co Ltd. | 37,700 | $167K | 0.1% | 2026-Q2 |
| JONES FINANCIAL COMPANIES LLLP added | 34,706 | $148K | 0.1% | 2026-Q2 |
| Rathbones Group PLC added | 34,318 | $152K | 0.1% | 2026-Q2 |
| TWO SIGMA SECURITIES, LLC added | 33,751 | $150K | 0.1% | 2026-Q2 |
| Creative Planning added | 29,485 | $131K | 0.1% | 2026-Q2 |
| STATE OF WISCONSIN INVESTMENT BOARD added | 29,184 | $129K | 0.1% | 2026-Q2 |
| New Hampshire Trust trimmed | 28,935 | $128K | 0.0% | 2026-Q2 |
| FOSTER DYKEMA CABOT & PARTNERS, LLC | 25,413 | $113K | 0.0% | 2026-Q2 |
| ROYAL BANK OF CANADA trimmed | 25,198 | $112K | 0.0% | 2026-Q2 |
| VICTORY CAPITAL MANAGEMENT INC added | 24,611 | $109K | 0.0% | 2026-Q2 |
| &PARTNERS added | 23,635 | $105K | 0.0% | 2026-Q2 |
| Advisory Alpha, LLC | 23,632 | $105K | 0.0% | 2026-Q2 |
| GREAT VALLEY ADVISOR GROUP, INC. added | 23,272 | $103K | 0.0% | 2026-Q2 |
| ALBION FINANCIAL GROUP /UT | 23,185 | $103K | 0.0% | 2026-Q2 |
| ISTHMUS PARTNERS, LLC | 22,696 | $101K | 0.0% | 2026-Q2 |
Ownership over time
Tracked institutional holder count and total shares held by filing quarter (independent scales). The curated-era tail and any mid-ingest latest quarter are handled honestly — a partial quarter is not drawn as a collapse.
Reading this table
Funds hold the same stock for different reasons — an index fund “holds” almost everything, an active manager sizes a name to a mandate and a benchmark, and each fund entered at its own price and time. Because 13F is filed up to 45 days after quarter-end, every row is a backward-looking snapshot; a manager may have traded since. Share-class siblings (a company’s A and C shares) are rolled up to one line so a dual-class name is never double-counted. Compare like-for-like. A large holder is not an endorsement, and a fund exiting is not a warning — this is a starting question, not a verdict.
About 13F filings
A Form 13F is a quarterly disclosure that institutional investment managers with over $100 million in US-listed equities must file with the SEC. In plain English: it is a snapshot of the long stock positions a fund held at the end of a quarter. It covers long US-listed equities only — not short positions, options, cash, or private holdings — and the funds shown are the large sample we track, not the complete 13F universe.