Ranked by reported Q2 2026 13F market value
Share of total reported institutional value in TRX held by the largest 10 / 25 filers.
| # | Institution | Shares Held | Market Value | QoQ Change | Ownership % | % of Fund |
|---|---|---|---|---|---|---|
| 1 | MARSHALL WACE, LLP | 4.5M | $3.7M | +41.3% | 1.364% | 0.00% |
| 2 | Connor, Clark & Lunn Investment Management Ltd. | 3.3M | $2.8M | +12.8% | 1.000% | 0.01% |
| 3 | CITADEL ADVISORS LLC | 2.4M | $2.0M | +357.5% | 0.741% | 0.00% |
| 4 | MORGAN STANLEY | 1.6M | $1.3M | +29.1% | 0.491% | 0.00% |
| 5 | JANE STREET GROUP, LLC | 1.0M | $848K | -50.7% | 0.314% | 0.00% |
| 6 | MILLENNIUM MANAGEMENT LLC | 977K | $807K | +282.3% | 0.298% | 0.00% |
| 7 | Rossby Financial, LCC | 822K | $678K | 0.0% | 0.251% | 0.12% |
| 8 | SUSQUEHANNA INTERNATIONAL GROUP, LLP | 673K | $557K | -39.7% | 0.206% | 0.00% |
| 9 | BNP PARIBAS FINANCIAL MARKETS | 570K | $470K | -13.3% | 0.174% | 0.00% |
| 10 | UBS Group AG | 551K | $454K | +57.3% | 0.168% | 0.00% |
| 11 | NAVELLIER & ASSOCIATES INC | 380K | $313K | +4.7% | 0.116% | 0.02% |
| 12 | RENAISSANCE TECHNOLOGIES LLC | 375K | $309K | -54.2% | 0.114% | 0.00% |
| 13 | Integrity Wealth Solutions LLC | 279K | $230K | 0.0% | 0.085% | 0.09% |
| 14 | HighTower Advisors, LLC | 270K | $223K | -6.0% | 0.083% | 0.00% |
| 15 | TORONTO DOMINION BANK | 201K | $172K | +22.7% | 0.061% | 0.00% |
| 16 | XTX Topco Ltd | 194K | $160K | +24.4% | 0.059% | 0.00% |
| 17 | GOLDMAN SACHS GROUP INC | 190K | $156K | +20.8% | 0.058% | 0.00% |
| 18 | Cerity Partners LLC | 117K | $97K | 0.0% | 0.036% | 0.00% |
| 19 | MAI Capital Management | 108K | $89K | 0.0% | 0.033% | 0.00% |
| 20 | TWO SIGMA INVESTMENTS, LP | 104K | $85K | -76.9% | 0.032% | 0.00% |
| 21 | State of Wyoming | 89K | $74K | -24.4% | 0.027% | 0.01% |
| 22 | SPROTT INC. | 84K | $69K | -2.2% | 0.026% | 0.00% |
| 23 | BANK OF MONTREAL /CAN/ | 75K | $64K | -11.8% | 0.023% | 0.00% |
| 24 | Guild Investment Management, Inc. | 77K | $63K | 0.0% | 0.024% | 0.04% |
| 25 | Farther Finance Advisors, LLC | 77K | $63K | 0.0% | 0.024% | 0.00% |
denotes a marquee investor (Buffett, Burry, ARK, Tiger Global, Pershing Square, Baupost and other widely-followed managers). “% of Fund” shows how much of that investor’s total 13F portfolio is invested in TRX — a direct measure of their conviction.
Filings activity in TRX during Q2 2026, grouped by how each filer changed its position.
Institutions that opened a new TRX position in Q2 2026
Institutions that fully closed their TRX position in Q2 2026
8 quarters of 13F filings · Δ columns show change vs prior quarter
| Quarter | Inst. Holders | Δ Holders | Ownership % | Δ Ownership | Total 13F Value | Δ Value |
|---|---|---|---|---|---|---|
| Q2 2026 | 77 | 16% | 6.32% | 1.13 pp | $17M | 53% |
| Q1 2026 | 92 | +67% | 7.45% | +3.55 pp | $36M | +208% |
| Q4 2025 | 55 | +10% | 3.90% | +1.76 pp | $12M | +169% |
| Q3 2025 | 50 | +11% | 2.14% | +0.27 pp | $4M | +114% |
| Q2 2025 | 45 | +2.3% | 1.87% | +0.35 pp | $2M | +31% |
| Q1 2025 | 44 | +4.8% | 1.52% | 8.68 pp | $2M | 85% |
| Q4 2024 | 42 | +5.0% | 10.20% | +9.23 pp | $10M | +773% |
| Q3 2024 | 40 | — | 0.97% | — | $1M | — |
Source: SEC 13F institutional filings. Ownership % requires market cap data and will show once linked. Δ columns compare to the immediately prior filed quarter.
Quick answers to the most common questions about buying TRX stock.
Based on Q2 2026 13F filings, institutional ownership of TRX Gold Corporation stands at 6.3%, held across 77 reporting institutions.
MARSHALL WACE, LLP is the largest reported institutional holder of TRX, with approximately 4,465,565 shares worth $0.00B as of Q2 2026.
Yes — 6 widely-followed marquee investors appear among the top 25 institutional holders of TRX, including CITADEL ADVISORS LLC, JANE STREET GROUP, LLC, MILLENNIUM MANAGEMENT LLC, SUSQUEHANNA INTERNATIONAL GROUP, LLP, RENAISSANCE TECHNOLOGIES LLC.
Our composite Smart Money Score for TRX is 44 out of 100 (Neutral). It combines net institutional buying activity, ownership shift, marquee investor presence, and holder-count growth.
4 institutions opened new positions in TRX during Q2 2026, while 17 fully exited. 8 added to existing positions and 64 trimmed.
TRX institutional ownership fell by 1.13 percentage points quarter-over-quarter, with a net change of -15 holders.
The top 10 institutions account for 80.9% of all reported 13F value in TRX, and the top 25 account for 93.8%.
All data is sourced from SEC Form 13F filings, which institutional investment managers with at least $100M in assets are required to file each quarter. We process every 13F filing from EDGAR and recompute the aggregates after each cycle. Insider transactions are sourced from Form 4 filings.
TRX Gold Corporation (TRX) Institutional Ownership