Tilray Brands Ownership

Who are the major shareholders and have insiders been buying or selling?

Recent Insider Transactions

TSX:TLRY Recent Insider Transactions by Companies or Individuals
Date	Value	Name	Entity	Shares	Max Price
21 Apr 26	SellCA$317,872	David Hopkinson	Individual	33,556	CA$9.47
31 Jul 25	BuyCA$4,839	Mitchell Gendel	Individual	600	CA$8.06
30 Jul 25	BuyCA$138,225	Irwin Simon	Individual	16,500	CA$8.38
30 Jul 25	BuyCA$27,532	Carl Merton	Individual	3,350	CA$8.22

Insider Trading Volume

Insider Buying: TLRY insiders have only sold shares in the past 3 months.

Ownership Breakdown

What is the ownership structure of TLRY?
Owner Type	Number of Shares	Ownership Percentage
Individual Insiders	882,225	0.74%
Institutions	8,779,424	7.36%
General Public	109,621,183	91.9%

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 17.9%.

Top Shareholders

Top 25 shareholders own 7.71% of the company

Ownership	Name	Shares	Current Value	Change %	Portfolio %
2.15%	Tidal Investments LLC	2,563,689	CA$15.9m	10.5%	0.03%
0.71%	UBS Asset Management AG	849,336	CA$5.3m	-13.9%	no data
0.52%	Morgan Stanley	622,887	CA$3.9m	125%	no data
0.45%	Susquehanna International Group, LLP	542,232	CA$3.4m	24.3%	no data
0.41%	Mirae Asset Global Investments Co., Ltd.	486,820	CA$3.0m	42.9%	no data
0.4%	Irwin Simon	482,649	CA$3.0m	0%	no data
0.35%	BlackRock, Inc.	422,898	CA$2.6m	-14.2%	no data
0.35%	AQR Capital Management, LLC	415,097	CA$2.6m	265%	no data
0.31%	Jane Street Group, LLC	373,925	CA$2.3m	79.8%	no data
0.29%	Vanguard Portfolio Management, LLC	348,928	CA$2.2m	0%	no data
0.21%	State Street Global Advisors, Inc.	248,000	CA$1.5m	-11.7%	no data
0.2%	D. E. Shaw & Co., L.P.	237,771	CA$1.5m	71.7%	no data
0.19%	Schweizerische Nationalbank	230,503	CA$1.4m	4.11%	no data
0.15%	Two Sigma Investments, LP	184,843	CA$1.1m	-0.97%	no data
0.15%	Headlands Tech Holdings, LLC	175,060	CA$1.1m	40%	0.08%
0.13%	The Goldman Sachs Group, Inc.	158,932	CA$987.7k	-48.7%	no data
0.095%	Cresset Asset Management, LLC	112,723	CA$700.5k	-3.87%	no data
0.093%	Northern Trust Global Investments	110,800	CA$688.6k	-0.29%	no data
0.085%	Geode Capital Management, LLC	101,815	CA$632.8k	-0.26%	no data
0.085%	California State Teachers' Retirement System	101,104	CA$628.3k	0%	no data
0.077%	Carl Merton	92,050	CA$572.1k	0%	no data
0.074%	Dimensional Fund Advisors LP	87,803	CA$545.7k	82.9%	no data
0.073%	WestEnd Capital Management, LLC.	86,830	CA$539.6k	6.54%	0.1%
0.069%	Denise Faltischek	82,478	CA$512.5k	0%	no data
0.067%	Cetera Investment Advisers LLC	79,784	CA$495.9k	-0.91%	no data

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2026/07/10 23:36
End of Day Share Price	2026/07/10 00:00
Earnings	2026/02/28
Annual Earnings	2025/05/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Tilray Brands, Inc. is covered by 27 analysts. 10 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Aaron Grey	Alliance Global Partners
Frederico Yokota Choucair Gomes	ATB Cormark
Jesse Pytlak	ATB Cormark Historical (Cormark Securities)