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HomeStocksTRXInstitutional Holders

TRX logoTRX Gold Corporation (TRX) Institutional Ownership

Q2 2026 13F Data|Updated 2026-11-07

✨

Institutional ownership decreased this quarter (-1.13 pp), while top 10 holders maintain a highly concentrated 80.9% of value.

Institutional Ownership
Can exceed 100% due to securities lending, short interest, and reporting timing differences.
6.3%$17M total value · ▼ 1.13 pp vs prior quarter
Smart Money Score
Based on ownership concentration, fund quality, buying/selling activity, ownership indicators, and institutional trend.
44 / 100Neutral
Institutions & Flow77 holders-13 net flow (+4 / -17)

AI Insights & Key Takeaways

  • Negative Institutional Flow (-13)
  • Marquee funds including Citadel Advisors Llc and Jane Street Group, Llc maintain significant positions
  • Top 10 holders control 80.9% of institutional value
  • No Insider Signal

Top Institutional Holders of TRX

Ranked by reported Q2 2026 13F market value

Top 10 Holders
80.9%
Top 25 Holders
93.8%

Share of total reported institutional value in TRX held by the largest 10 / 25 filers.

#InstitutionShares HeldMarket ValueQoQ ChangeOwnership %% of Fund
1MARSHALL WACE, LLP4.5M$3.7M+41.3%1.364%0.00%
2Connor, Clark & Lunn Investment Management Ltd.3.3M$2.8M+12.8%1.000%0.01%
3

Quarterly Institutional Activity

Filings activity in TRX during Q2 2026, grouped by how each filer changed its position.

OverviewNew Buyers4Added To8Trimmed64Exited17
  • MARSHALL WACE, LLP$3.7M
  • Connor, Clark & Lunn Investment Management Ltd.$2.8M

TRX Institutional Ownership by Quarter

8 quarters of 13F filings · Δ columns show change vs prior quarter

QuarterInst. HoldersΔ HoldersOwnership %Δ OwnershipTotal 13F ValueΔ Value
Q2 20267716%6.32%1.13 pp$17M53%
Q1 202692+67%7.45%+3.55 pp$36M+208%
Q4 202555+10%3.90%+1.76 pp$12M+169%
Q3 202550+11%2.14%+0.27 pp$4M+114%
Q2 202545+2.3%1.87%+0.35 pp$2M+31%
Q1 202544+4.8%

TRX — Frequently Asked Questions

Quick answers to the most common questions about buying TRX stock.

What percentage of TRX is owned by institutions?

Based on Q2 2026 13F filings, institutional ownership of TRX Gold Corporation stands at 6.3%, held across 77 reporting institutions.

Who is the largest institutional holder of TRX?

MARSHALL WACE, LLP is the largest reported institutional holder of TRX, with approximately 4,465,565 shares worth $0.00B as of Q2 2026.

Is TRX a hedge fund favorite?

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.

What is TRX's Smart Money Score?

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.

How many institutions bought TRX this quarter?
CITADEL ADVISORS LLC
2.4M
$2.0M
+357.5%
0.741%
0.00%
4MORGAN STANLEY1.6M$1.3M+29.1%0.491%0.00%
5JANE STREET GROUP, LLC1.0M$848K-50.7%0.314%0.00%
6MILLENNIUM MANAGEMENT LLC977K$807K+282.3%0.298%0.00%
7Rossby Financial, LCC822K$678K0.0%0.251%0.12%
8SUSQUEHANNA INTERNATIONAL GROUP, LLP673K$557K-39.7%0.206%0.00%
9BNP PARIBAS FINANCIAL MARKETS570K$470K-13.3%0.174%0.00%
10UBS Group AG551K$454K+57.3%0.168%0.00%
11NAVELLIER & ASSOCIATES INC380K$313K+4.7%0.116%0.02%
12RENAISSANCE TECHNOLOGIES LLC375K$309K-54.2%0.114%0.00%
13Integrity Wealth Solutions LLC279K$230K0.0%0.085%0.09%
14HighTower Advisors, LLC270K$223K-6.0%0.083%0.00%
15TORONTO DOMINION BANK201K$172K+22.7%0.061%0.00%
16XTX Topco Ltd194K$160K+24.4%0.059%0.00%
17GOLDMAN SACHS GROUP INC190K$156K+20.8%0.058%0.00%
18Cerity Partners LLC117K$97K0.0%0.036%0.00%
19MAI Capital Management108K$89K0.0%0.033%0.00%
20TWO SIGMA INVESTMENTS, LP104K$85K-76.9%0.032%0.00%
21State of Wyoming89K$74K-24.4%0.027%0.01%
22SPROTT INC.84K$69K-2.2%0.026%0.00%
23BANK OF MONTREAL /CAN/75K$64K-11.8%0.023%0.00%
24Guild Investment Management, Inc.77K$63K0.0%0.024%0.04%
25Farther Finance Advisors, LLC77K$63K0.0%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.

MORGAN STANLEY
$1.3M
  • JANE STREET GROUP, LLC$848K
  • Rossby Financial, LCC$678K
  • SUSQUEHANNA INTERNATIONAL GROUP, LLP$557K
  • BNP PARIBAS FINANCIAL MARKETS$470K
  • UBS Group AG$454K
  • NAVELLIER & ASSOCIATES INC$313K
  • RENAISSANCE TECHNOLOGIES LLC$309K
  • Integrity Wealth Solutions LLC$230K
  • HighTower Advisors, LLC$223K
  • 1.52%
    8.68 pp
    $2M
    85%
    Q4 202442+5.0%10.20%+9.23 pp$10M+773%
    Q3 202440—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.

    4 institutions opened new positions in TRX during Q2 2026, while 17 fully exited. 8 added to existing positions and 64 trimmed.

    How is institutional ownership of TRX changing?

    TRX institutional ownership fell by 1.13 percentage points quarter-over-quarter, with a net change of -15 holders.

    How concentrated is TRX ownership among the top holders?

    The top 10 institutions account for 80.9% of all reported 13F value in TRX, and the top 25 account for 93.8%.

    Where does this TRX institutional ownership data come from?

    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.

    TRXTRX Gold Corporation
    $0.97$318M
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