Who's into Trilogy?
posted on
Dec 08, 2017 07:48PM
Trilogy Metals Inc. (TMQ) Top Holders
Institutional investors currently hold around $28 million or 37.38% in TMQ stock. Look at its top three institutional owners. Paulson & Co. Inc. owns $10.39 million in Trilogy Metals Inc., which represents roughly 11.59% of the company’s market cap and approximately 37.09% of the institutional ownership. Similar statistics are true for the second largest owner, Baupost Group Llc/Ma, which owns 10,600,758 shares of the stock are valued at $9.52 million. The third largest holder is Selz Capital Llc, which currently holds $2.87 million worth of this stock and that ownership represents nearly 3.2% of its market capitalization.
Trilogy Metals Inc. 13F Filings
At the end of 09/30/2017 reporting period, 13 institutional holders increased their position in Trilogy Metals Inc. (NYSE:TMQ) by some 4,117,891 shares, 16 decreased positions by 194,393 and 16 held positions by 26,338,270. That puts total institutional holdings at 30,650,554 shares, according to SEC filings. The stock grabbed 8 new institutional investments totaling 3,945,108 shares while 6 institutional investors sold out their entire positions totaling 27,638 shares.
Trilogy Metals Inc. (NYSE:TMQ) Insider Trades
Multiple company employees have indulged in significant insider trading. Trilogy Metals Inc. disclosed in a document filed with the US Securities and Exchange Commission (SEC) that 10% Owner Paulson & Co. Inc. has sold 26,940 shares of Trilogy Metals Inc. (TMQ) in trading session dated Jun. 08, 2017. These shares are worth $15,356 and were traded at $0.57 each. The SEC filing shows that Paulson & Co. Inc. performed a sale of 4,771 shares. The 10% Owner disposed these shares by way of transaction on Jan. 27, 2017. The company’s shares were given away at $0.51 per share worth to an income of some $2,433 on account of Paulson & Co. Inc..
10% Owner, Paulson & Co. Inc., sold 5,341 common shares of Trilogy Metals Inc. (TMQ) in the open market. In a transaction dated Jan. 03, 2017, the shares were put up for sale at an average price of $0.5, raking in a sum of $2,671. After this sale, 11,597,837 common shares of TMQ are directly owned by the insider, with total stake valued at $9,858,161.
In the transaction dated Dec. 28, 2016, the great number of shares disposed came courtesy the 10% Owner; Paulson & Co. Inc. disposed a total of 9,100 shares at an average price of $0.46, amounting to approximately $4,186. The insider now directly owns 11,603,178 shares worth $9,862,701.
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GMT Capital Corp acquired a new stake in Trilogy Metals Inc (NYSEAMERICAN:TMQ) in the third quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor acquired 664,006 shares of the mining company’s stock, valued at approximately $628,000. GMT Capital Corp owned approximately 0.63% of Trilogy Metals as of its most recent filing with the SEC.
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http://bzweekly.com/why-resource-capital-fund-vi-l-p-reported-trilogy-metals-inc-position/
November 30, 2017 - By Winifred Garcia
Resource Capital Fund Vi L.P. reported SC 13D/A form with the SEC for Trilogy Metals Inc. Access it here: 000114420417061742. As reported by Resource Capital Fund Vi L.P., the filler owns 7.25% or 7,659,096 shares of the Materials–company.
Trilogy Metals Inc stake is new for [reportingPerson]. Date of activity: November28, 2017. This shows Resource Capital Fund Vi L.P.’s positive view for Trilogy Metals Inc.
Purpose of Transaction.
The Reporting Persons are filing thisAmendment No. 2 to disclose the sale of Common Shares in the open market.
Between September 12, 2017 and November28, 2017, RCF VI disposed of 1,085,954 Common Shares in the open market for net proceeds of $1,034,243.52USD. The number of sharesdisposed on each day and the price or volume weighed average price for such shares are set forth in Exhibit B: Open Market Dispositionsof Common Shares to this Statement and incorporated herein by reference.
None of the Reporting Persons currentlyhas any plans or proposals which relate to or would result in any of the actions or transactions specified in clauses (a) through(j) of Item 4 of Schedule 13D. Each of the Reporting Persons reserves the right to acquire or dispose of the securities of theCompany or to formulate other purposes, plans or proposals regarding the Company or its securities to the extent deemed advisablein light of general investment policies, market conditions and other factors.
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Filings show 35 investors own Trilogy Metals Inc. The ownership in Q3 2015 is low, at Infinity of the outstanding shares. This is increased by 11654427. 27890980 were owned by these investors. 7 funds opened new Trilogy Metals Inc stakes, 5 increased positions. There were 4 that closed positions and 5 reduced them.
Tpg Group Holdings Sbs Advisors Inc is an investor bullish on Trilogy Metals Inc, owning 368182 shares as of Q3 2015 for less than 0.01% of its portfolio. Seth Klarman Baupost Group Llc owns 10600758 shares or 0.06% of its portfolio. CO Rcf Management Llc have 11.00% of its portfolio for 2001300 shares. Further, Scoggin Llc reported stake worth 0.02% of its portfolio. The GA Gmt Capital Corp owns 673155 shares. Trilogy Metals Inc is 0.01% of its portfolio
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http://www.resourcecapitalfunds.com/current-portfolio
Since inception, Resource Capital Funds have provided financial support to 166 mining companies (and several mining-services companies) involving projects located in 51 countries and relating to 29 commodities. Shown below are portfolio companies in which RCF have invested in the current and prior two years*. Click on the company logo to read more information about each company.
*Excludes transactions in publicly traded companies where our holding has not triggered a filing or disclosure requirement in the applicable jurisdiction. Information on transactions will be updated quarterly.
Trilogy Metals Inc. is an NYSE and TSX-listed junior copper developer that controls approximately two thirds of the world-class Ambler Mining District in northwest Alaska.