TMC The Metals Co Inc.: which funds bought and sold

Institutions that bought and sold TMC The Metals shares in Q2 2026, from the holdings they reported to the SEC on Form 13F for March 31, 2026 and June 30, 2026.

Between March 31, 2026 and June 30, 2026, 105 institutions that filed 13F reports for both quarters added to or opened positions in TMC The Metals, and 76 cut or closed them. Together they sold a net 1.6M shares, −2.7% on what they held at the start of the quarter. Active managers and hedge funds on our list were net buyers of 1.3M shares (+4.4%); index fund managers were net buyers of 463K shares (+13.8%). 34 opened a new position and 29 sold out entirely.

Bought, Q2 2026 105 institutions, 34 of them new holders Sold, Q2 2026 76 institutions, 29 of them sold out

Net change, all compared −1.6M shares (−2.7%)

Net change, active managers +1.3M shares (+4.4%), 14 bought, 12 sold

Buyers versus sellers

institutions compared, 237

105 bought 56 76 sold

Active managers and hedge funds 14 bought · 12 sold · +1.3M

Index fund managers 5 bought · 0 sold · +463K

Other institutions 86 bought · 64 sold · −3.4M

Biggest buyers

by change in shares held

Biggest buyers
Institution	Change in shares	Shares June 30, 2026	Value
Anson Funds Management LP Hedge fund	+2.6M New position	2.6M	$11.7M
Yorkville Advisors Global, LP	+1.3M New position	1.3M	$9.3M
Point72 Asset Management, L.P. Hedge fund	+660K +407.8%	822K	$3.6M
Susquehanna International Group, LLP	+385K +19.4%	2.4M	$10.5M
Trexquant Investment LP Hedge fund	+373K +433.0%	459K	$2M
Xtx Topco Ltd	+354K +147.8%	593K	$2.6M
Amundi	+276K +625.7%	321K	$1.4M
Janney Montgomery Scott LLC	+258K New position	258K	$1.1M
Balyasny Asset Management L.P. Hedge fund	+251K +129.3%	445K	$2M
Blackrock, Inc. Index funds	+239K +19.3%	1.5M	$6.6M
Winton Group Ltd Hedge fund	+220K New position	220K	$974,884
Wim Investment Management Ltd	+179K New position	179K	$792,084
Renaissance Technologies LLC Hedge fund	+164K +22.5%	894K	$4M
State Street Corp Index funds	+157K +15.9%	1.1M	$5.1M
D. E. Shaw & Co., Inc. Hedge fund	+157K +349.3%	201K	$892,450
Jpmorgan Chase & Co	+152K +583042.3%	152K	$641,340
Mai Capital Management	+126K +571995.5%	126K	$557,565
Wells Fargo & Company	+115K +153.6%	190K	$840,172
Group One Trading LLC	+115K +12.2%	1.1M	$4.7M
Headlands Technologies LLC	+104K +82.6%	230K	$1M

Biggest buyers, active managers and hedge funds
Institution	Change in shares	Shares June 30, 2026	Value
Anson Funds Management LP Hedge fund	+2.6M New position	2.6M	$11.7M
Point72 Asset Management, L.P. Hedge fund	+660K +407.8%	822K	$3.6M
Trexquant Investment LP Hedge fund	+373K +433.0%	459K	$2M
Balyasny Asset Management L.P. Hedge fund	+251K +129.3%	445K	$2M
Winton Group Ltd Hedge fund	+220K New position	220K	$974,884
Renaissance Technologies LLC Hedge fund	+164K +22.5%	894K	$4M
D. E. Shaw & Co., Inc. Hedge fund	+157K +349.3%	201K	$892,450
Centiva Capital, LP Hedge fund	+100K New position	100K	$443,000
AQR Capital Management LLC Hedge fund	+97K +249.8%	135K	$599,016
Engineers Gate Manager LP Hedge fund	+91K New position	91K	$401,566

Biggest sellers

by change in shares held

Biggest sellers
Institution	Change in shares	Shares June 30, 2026	Value
Jane Street Group, LLC	−4.5M −65.2%	2.4M	$10.8M
Walleye Capital LLC Hedge fund	−852K −71.2%	345K	$1.5M
Marshall Wace, LLP Hedge fund	−847K −35.0%	1.6M	$7M
Aquatic Capital Management LLC	−572K Sold out	0	—
UBS Group AG	−483K −35.8%	865K	$3.8M
Citadel Advisors LLC Hedge fund	−350K −9.7%	3.3M	$14.5M
Goldman Sachs Group Inc	−341K −41.6%	479K	$2.1M
Jump Financial, LLC	−311K Sold out	0	—
Verition Fund Management LLC Hedge fund	−306K Sold out	0	—
Quantbot Technologies LP Hedge fund	−277K Sold out	0	—
Qube Research & Technologies Ltd Hedge fund	−227K Sold out	0	—
Two Sigma Investments, LP Hedge fund	−224K −66.1%	115K	$508,622
Mutual Advisors, LLC	−202K Sold out	0	—
Schonfeld Strategic Advisors LLC Hedge fund	−161K −93.7%	11K	$47,728
Millennium Management LLC Hedge fund	−130K −4.2%	2.9M	$13M
Evoke Wealth, LLC	−125K Sold out	0	—
New Hampshire Trust	−105K −78.4%	29K	$128,182
Squarepoint Ops LLC Hedge fund	−102K −62.9%	60K	$266,358
Private Advisor Group, LLC	−93K Sold out	0	—
Simplex Trading, LLC	−74K −59.1%	51K	$226,435

Biggest sellers, active managers and hedge funds
Institution	Change in shares	Shares June 30, 2026	Value
Walleye Capital LLC Hedge fund	−852K −71.2%	345K	$1.5M
Marshall Wace, LLP Hedge fund	−847K −35.0%	1.6M	$7M
Citadel Advisors LLC Hedge fund	−350K −9.7%	3.3M	$14.5M
Verition Fund Management LLC Hedge fund	−306K Sold out	0	—
Quantbot Technologies LP Hedge fund	−277K Sold out	0	—
Qube Research & Technologies Ltd Hedge fund	−227K Sold out	0	—
Two Sigma Investments, LP Hedge fund	−224K −66.1%	115K	$508,622
Schonfeld Strategic Advisors LLC Hedge fund	−161K −93.7%	11K	$47,728
Millennium Management LLC Hedge fund	−130K −4.2%	2.9M	$13M
Squarepoint Ops LLC Hedge fund	−102K −62.9%	60K	$266,358

New positions

largest by value

Institution	Shares	Value June 30, 2026
Anson Funds Management LPHedge fund	2.6M	$11.7M
Yorkville Advisors Global, LP	1.3M	$9.3M
Janney Montgomery Scott LLC	258K	$1.1M
Winton Group LtdHedge fund	220K	$974,884
Wim Investment Management Ltd	179K	$792,084
Centiva Capital, LPHedge fund	100K	$443,000
Engineers Gate Manager LPHedge fund	91K	$401,566
Handelsbanken Fonder AB	79K	$350,000
Occudo Quantitative Strategies LP	51K	$225,740
Man Group PLCHedge fund	50K	$222,111

Sold out

largest by value

Institution	Shares	Value March 31, 2026
Aquatic Capital Management LLC	572K	$2.7M
Jump Financial, LLC	311K	$1.5M
Verition Fund Management LLCHedge fund	306K	$1.4M
Quantbot Technologies LPHedge fund	277K	$1.3M
Qube Research & Technologies LtdHedge fund	227K	$1.1M
Mutual Advisors, LLC	202K	$943,849
Evoke Wealth, LLC	125K	$584,100
Private Advisor Group, LLC	93K	$436,201
Axq Capital, LP	64K	$299,268
Fwg Holdings, LLC	53K	$240,975

Who holds the shares

13F holdings at June 30, 2026

Institutions reporting: 211
Ten largest holders: 62.6%
Index fund managers: 6.6%
Active managers and hedge funds: 54.8%

Buying and selling by type of institution, March 31, 2026 to June 30, 2026
Type	Bought	Sold	New	Sold out	Net change in shares	Net %
Active managers and hedge funds	14	12	6	3	+1.3M	+4.4%
Index fund managers	5	0	0	0	+463K	+13.8%
Other institutions	86	64	28	26	−3.4M	−13.2%

Active managers and hedge funds: a list we maintain of about 400 well-known stock-picking firms and hedge funds, matched by SEC registration number (CIK) and checked against the filer names each quarter. Index fund managers: the large index houses, such as BlackRock, Vanguard, State Street, Geode and Northern Trust. Every other filer (banks, brokers, wealth managers, pension funds, insurers and firms not on the list) counts as another institution. A firm that files under several SEC registrations appears once for each.

What these filings can and cannot tell you

Form 13F lists the long positions in US-listed shares held by investment managers with more than $100 million in such holdings. Managers file it up to 45 days after each quarter ends, so this page shows what funds held at the end of each quarter, not what they are doing now: a position may have changed since. Short positions, most derivatives and smaller managers are not included, and a cut can mean a fund lost clients or rebalanced rather than a view on TMC The Metals.

Only managers that filed a holdings report for both quarters are compared (237 here). 7 other holders are left out: first-time or late filers, firms that changed their SEC registration, and filings that withheld positions under confidential treatment, any of which would otherwise look like a new position or a sale. Figures are as reported by each manager in the SEC's quarterly 13F data sets; option positions are excluded.

← Back to TMC The Metals Co Inc. · Insiders · Politicians