Who owns TRX
Which tracked institutional funds hold TRX, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See TRX company fundamentals →
Ownership as of the 2026-Q1 13F filings (latest filed 2026-05-20). 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
The tracked-fund tape on TRX is one-sided between 2025-Q4 and 2026-Q1: 15 added or opened and 0 trimmed or exited — on balance accumulating.
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
TRX’s largest tracked holder by dollar value, MARSHALL WACE, LLP, sizes it at 0.0% of its own reported 13F book, while the median holder sizes it at 0.0% of theirs — a 0.0pp conviction gap — its largest holder concentrates the name more heavily than the typical one.
Book-share is each fund’s reported value in TRX 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 2025-Q4 and 2026-Q1, across 92 tracked filers holding TRX, 62 increased or opened the position and 15 reduced or closed it; over the same quarter, there were no open-market insider Form 4s.
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 TRX between the 2025-Q4 and 2026-Q1 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
- RENAISSANCE TECHNOLOGIES LLC$1M
- ARMISTICE CAPITAL, LLC$945K
- TWO SIGMA INVESTMENTS, LP$671K
- NAVELLIER & ASSOCIATES INC$544K
Largest adds
- Connor, Clark & Lunn Investment Management Ltd.$3M
- MARSHALL WACE, LLP$3M
- ARROWSTREET CAPITAL, LIMITED PARTNERSHIP$3M
- JANE STREET GROUP, LLC$2M
- Financial Sense Advisors, Inc.$1M
- SUSQUEHANNA INTERNATIONAL GROUP, LLP$588K
Institutional holders
One row per tracked fund, largest reported value first. “% of value” is the fund’s share of this security’s tracked institutional value — not of shares outstanding. Rows marked stale are from an earlier filing than the security’s latest quarter — that fund is absent from the newest snapshot (position exited, or reported under a different name).
| Fund | Shares | Reported value | % of value | Quarter |
|---|---|---|---|---|
| MARSHALL WACE, LLP added | 3,159,119 | $5M | 13.3% | 2026-Q1 |
| Connor, Clark & Lunn Investment Management Ltd. added | 2,902,819 | $4M | 12.1% | 2026-Q1 |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP added | 2,713,800 | $4M | 11.3% | 2026-Q1 |
| JANE STREET GROUP, LLC added | 2,069,512 | $3M | 8.7% | 2026-Q1 |
| Hillsdale Investment Management Inc. trimmed | 1,397,681 | $2M | 5.8% | 2026-Q1 |
| MORGAN STANLEY trimmed | 1,246,415 | $2M | 5.2% | 2026-Q1 |
| Rossby Financial, LCC trimmed | 822,000 | $1M | 3.5% | 2026-Q1 |
| RENAISSANCE TECHNOLOGIES LLC added | 817,883 | $1M | 3.4% | 2026-Q1 |
| Financial Sense Advisors, Inc. added | 782,991 | $1M | 3.3% | 2026-Q1 |
| BNP PARIBAS FINANCIAL MARKETS added | 657,935 | $987K | 2.8% | 2026-Q1 |
| ARMISTICE CAPITAL, LLC new | 630,174 | $945K | 2.7% | 2026-Q1 |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP added | 452,650 | $679K | 1.9% | 2026-Q1 |
| TWO SIGMA INVESTMENTS, LP new | 447,335 | $671K | 1.9% | 2026-Q1 |
| CITADEL ADVISORS LLC trimmed | 400,753 | $601K | 1.7% | 2026-Q1 |
| NAVELLIER & ASSOCIATES INC new | 362,729 | $544K | 1.5% | 2026-Q1 |
| UBS Group AG added | 349,952 | $525K | 1.5% | 2026-Q1 |
| Strategic Planning, Inc. | 329,133 | $494K | 1.4% | 2026-Q1 |
| HighTower Advisors, LLC trimmed | 287,616 | $431K | 1.2% | 2026-Q1 |
| Integrity Wealth Solutions LLC trimmed | 279,320 | $419K | 1.2% | 2026-Q1 |
| Centiva Capital, LP new | 270,664 | $406K | 1.1% | 2026-Q1 |
| MILLENNIUM MANAGEMENT LLC added | 255,495 | $383K | 1.1% | 2026-Q1 |
| TORONTO DOMINION BANK added | 163,426 | $243K | 0.7% | 2026-Q1 |
| GOLDMAN SACHS GROUP INC added | 157,054 | $236K | 0.7% | 2026-Q1 |
| XTX Topco Ltd added | 156,334 | $235K | 0.7% | 2026-Q1 |
| ACADIAN ASSET MANAGEMENT LLC new | 141,800 | $208K | 0.6% | 2026-Q1 |
| State of Wyoming new | 117,858 | $177K | 0.5% | 2026-Q1 |
| Cerity Partners LLC | 117,371 | $176K | 0.5% | 2026-Q1 |
| COMMONWEALTH EQUITY SERVICES, LLC added | 114,464 | $172K | 0.5% | 2026-Q1 |
| Virtu Financial LLC trimmed | 108,666 | $163K | 0.5% | 2026-Q1 |
| MAI Capital Management added | 107,578 | $161K | 0.5% | 2026-Q1 |
| SABBY MANAGEMENT, LLC new | 100,000 | $150K | 0.4% | 2026-Q1 |
| BANK OF AMERICA CORP /DE/ added | 88,254 | $132K | 0.4% | 2026-Q1 |
| SPROTT INC. trimmed | 85,699 | $129K | 0.4% | 2026-Q1 |
| HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND new | 84,939 | $126K | 0.4% | 2026-Q1 |
| BANK OF MONTREAL /CAN/ trimmed | 84,600 | $126K | 0.4% | 2026-Q1 |
| Farther Finance Advisors, LLC added | 76,900 | $118K | 0.3% | 2026-Q1 |
| Guild Investment Management, Inc. added | 76,900 | $115K | 0.3% | 2026-Q1 |
| Waterfront Wealth Inc. | 75,166 | $113K | 0.3% | 2026-Q1 |
| VIRGINIA WEALTH MANAGEMENT GROUP, INC. trimmed | 75,000 | $112K | 0.3% | 2026-Q1 |
| SPWM Advisors LLC added | 65,000 | $84K | 0.2% | 2026-Q1 |
| Meridian Wealth Management, LLC trimmed | 54,000 | $81K | 0.2% | 2026-Q1 |
| Caitong International Asset Management Co., Ltd new | 53,957 | $81K | 0.2% | 2026-Q1 |
| CARY STREET PARTNERS FINANCIAL LLC added | 42,429 | $64K | 0.2% | 2026-Q1 |
| Cetera Investment Advisers added | 42,123 | $63K | 0.2% | 2026-Q1 |
| TWO SIGMA SECURITIES, LLC added | 41,536 | $62K | 0.2% | 2026-Q1 |
| HRT FINANCIAL LP added | 37,038 | $55K | 0.2% | 2026-Q1 |
| OSAIC HOLDINGS, INC. added | 34,638 | $52K | 0.1% | 2026-Q1 |
| CAPTRUST FINANCIAL ADVISORS | 30,486 | $46K | 0.1% | 2026-Q1 |
| Asset Advisors Investment Management, LLC | 30,000 | $45K | 0.1% | 2026-Q1 |
| COOPER/HAIMS ADVISORS, LLC new | 29,500 | $44K | 0.1% | 2026-Q1 |
| Integrated Wealth Concepts LLC added | 26,941 | $40K | 0.1% | 2026-Q1 |
| CITIGROUP INC added | 26,486 | $39K | 0.1% | 2026-Q1 |
| Waverly Advisors, LLC | 26,150 | $39K | 0.1% | 2026-Q1 |
| WEALTH ENHANCEMENT ADVISORY SERVICES, LLC | 25,450 | $38K | 0.1% | 2026-Q1 |
| Point72 Asset Management, L.P. new | 25,106 | $38K | 0.1% | 2026-Q1 |
| CIBC WORLD MARKET INC. new | 24,400 | $37K | 0.1% | 2026-Q1 |
| PFG Investments, LLC | 23,020 | $35K | 0.1% | 2026-Q1 |
| KESTRA PRIVATE WEALTH SERVICES, LLC | 20,000 | $30K | 0.1% | 2026-Q1 |
| CLIENT 1ST ADVISORY GROUP, LLC new | 19,941 | $30K | 0.1% | 2026-Q1 |
| Mariner, LLC trimmed | 19,133 | $29K | 0.1% | 2026-Q1 |
| LEIGH BALDWIN & CO., LLC | 18,750 | $28K | 0.1% | 2026-Q1 |
| StoneX Group Inc. added | 17,289 | $26K | 0.1% | 2026-Q1 |
| LPL Financial LLC trimmed | 17,245 | $26K | 0.1% | 2026-Q1 |
| SCOTIA CAPITAL INC. | 17,049 | $25K | 0.1% | 2026-Q1 |
| HSBC HOLDINGS PLC new | 17,308 | $25K | 0.1% | 2026-Q1 |
| Blue Zone Wealth Advisors, LLC | 15,972 | $24K | 0.1% | 2026-Q1 |
| VISTA INVESTMENT PARTNERS II, LLC new | 15,823 | $24K | 0.1% | 2026-Q1 |
| Kestra Advisory Services, LLC added | 15,504 | $23K | 0.1% | 2026-Q1 |
| Rathbones Group PLC | 14,000 | $21K | 0.1% | 2026-Q1 |
| SIMPLEX TRADING, LLC added | 12,745 | $19K | 0.1% | 2026-Q1 |
| TCI Wealth Advisors, Inc. new | 12,675 | $19K | 0.1% | 2026-Q1 |
| Gotham Asset Management, LLC new | 11,678 | $18K | 0.0% | 2026-Q1 |
| Outlook Wealth Advisors, LLC new | 11,050 | $17K | 0.0% | 2026-Q1 |
| Ascentis Independent Advisors new | 10,720 | $16K | 0.0% | 2026-Q1 |
| Cambridge Investment Research Advisors, Inc. trimmed | 10,982 | $16K | 0.0% | 2026-Q1 |
| Scientech Research LLC new | 10,233 | $15K | 0.0% | 2026-Q1 |
| Charles Schwab Trust Co new | 10,000 | $15K | 0.0% | 2026-Q1 |
| Tradition Wealth Management, LLC | 10,000 | $15K | 0.0% | 2026-Q1 |
| Heirloom Wealth Management new | 10,000 | $15K | 0.0% | 2026-Q1 |
| NATIONAL BANK OF CANADA /FI/ added | 7,505 | $11K | 0.0% | 2026-Q1 |
| AdvisorNet Financial, Inc new | 7,000 | $10K | 0.0% | 2026-Q1 |
| Aventus Investment Advisors, Inc. | 6,750 | $10K | 0.0% | 2026-Q1 |
| Stone House Investment Management, LLC | 6,240 | $9K | 0.0% | 2026-Q1 |
| MCF Advisors LLC new | 5,672 | $9K | 0.0% | 2026-Q1 |
| Advisory Services Network, LLC new | 5,430 | $8K | 0.0% | 2026-Q1 |
| IFP Advisors, Inc new | 3,058 | $5K | 0.0% | 2026-Q1 |
| BARCLAYS PLC new | 2,700 | $4K | 0.0% | 2026-Q1 |
| JPMORGAN CHASE & CO added | 2,500 | $3K | 0.0% | 2026-Q1 |
| ROYAL BANK OF CANADA trimmed | 2,096 | $3K | 0.0% | 2026-Q1 |
| PFG Private Wealth Management, LLC new | 291,000 | $182K | 0.5% | 2025-Q3 stale |
| EVERGREEN CAPITAL MANAGEMENT LLC trimmed | 125,657 | $78K | 0.2% | 2025-Q3 stale |
| THOMPSON DAVIS & CO., INC. new | 14,222 | $13K | 0.0% | 2025-Q4 stale |
| ENVESTNET ASSET MANAGEMENT INC added | 32,969 | $10K | 0.0% | 2025-Q1 stale |
| INDEPENDENT FINANCIAL GROUP, LLC | 10,600 | $10K | 0.0% | 2025-Q4 stale |
| RAYMOND JAMES FINANCIAL INC | 15,407 | $10K | 0.0% | 2025-Q3 stale |
| &PARTNERS | 27,469 | $9K | 0.0% | 2025-Q2 stale |
| GROUP ONE TRADING LLC trimmed | 9,034 | $8K | 0.0% | 2025-Q4 stale |
| Marcum Wealth, LLC | 25,000 | $8K | 0.0% | 2025-Q1 stale |
| NewEdge Advisors, LLC trimmed | 10,700 | $7K | 0.0% | 2025-Q3 stale |
| Advisor OS, LLC | 18,581 | $6K | 0.0% | 2025-Q1 stale |
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.