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MTAL

Metals Acquisition

Delisted

MTAL was delisted on the 10th of October, 2025.

20 hedge funds and large institutions have $160M invested in Metals Acquisition in 2023 Q2 according to their latest regulatory filings, with 11 funds opening new positions, 1 increasing their positions, 8 reducing their positions, and 43 closing their positions.

New
Increased
Maintained
Reduced
Closed

40% less capital invested

Capital invested by funds: $268M → $160M (-$108M)

62% less funds holding

Funds holding: 5220 (-32)

66.18% less ownership

Funds ownership: 98.65%32.47% (-66%)

74% less first-time investments, than exits

New positions opened: 11 | Existing positions closed: 43

80% less funds holding in top 10

Funds holding in top 10: 51 (-4)

88% less repeat investments, than reductions

Existing positions increased: 1 | Existing positions reduced: 8

Holders
20
Holders Change
-32
Holders Change %
-61.54%
% of All Funds
0.31%
Holding in Top 10
1
Holding in Top 10 Change
-4
Holding in Top 10 Change %
-80%
% of All Funds
0.02%
New
11
Increased
1
Reduced
8
Closed
43
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
AC
26
Aristeia Capital
Connecticut
-$10.1M -990,650 Closed
GL
27
Governors Lane
New York
-$7.67M -750,000 Closed
FPA
28
First Pacific Advisors
California
-$6.65M -650,840 Closed
Bank of America
29
Bank of America
North Carolina
-$6.44M -630,210 Closed
SC
30
Sculptor Capital
New York
-$6.13M -599,550 Closed
PC
31
Periscope Capital
Ontario, Canada
-$5.61M -548,700 Closed
SFM
32
Spartan Fund Management
Canada
-$5.21M -509,683 Closed
MC
33
Meteora Capital
Florida
-$4.64M -454,158 Closed
UPC
34
Utah Peaks Capital
Utah
-$4.36M -427,050 Closed
CCP
35
Corbin Capital Partners
New York
-$4.24M -415,312 Closed
WRBC
36
W.R. Berkley Corp
Connecticut
-$4.21M -412,302 Closed
WAM
37
Weiss Asset Management
Massachusetts
-$4.2M -410,601 Closed
Nomura Holdings
38
Nomura Holdings
Japan
-$4.09M -399,999 Closed
MF
39
Magnetar Financial
Illinois
-$3.18M -311,298 Closed
BFM
40
Boothbay Fund Management
New York
-$2.72M -266,525 Closed
AMC
41
Atlas Merchant Capital
New York
-$2.56M -250,000 Closed
AA
42
AQR Arbitrage
Connecticut
-$2.48M -242,431 Closed
UOC
43
UBS O'Connor
Illinois
-$2.33M -227,558 Closed
SCM
44
Saba Capital Management
New York
-$2.27M -222,300 Closed
RCM
45
Radcliffe Capital Management
Pennsylvania
-$1.76M -172,323 Closed
Walleye Trading
46
Walleye Trading
New York
-$1.7M -166,695 Closed
PMAM
47
Picton Mahoney Asset Management
Ontario, Canada
-$1.57M -153,942 Closed
ETH
48
Exos TFP Holdings
New York
-$1.53M -149,747 Closed
D.E. Shaw & Co
49
D.E. Shaw & Co
New York
-$1.39M -136,300 Closed
SOA
50
Sea Otter Advisors
Florida
-$1.04M -101,866 Closed

MTAL Hedge Fund Activity: Q2 2023 in Review

20 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in Metals Acquisition (MTAL) for Q2 2023, worth a combined $160M — down 40% from $268M a quarter earlier.

Sellers outnumbered buyers: 43 funds closed out of MTAL and 11 opened new positions — a net loss of 32 holders — while 8 trimmed existing stakes and 1 added.

The largest buyer was BlackRock, opening a new position worth an estimated $49.4M. The largest seller was Farallon Capital Management, exiting entirely with an estimated $25.4M sold.

  • 20 institutional investors held Metals Acquisition (MTAL) as of Q2 2023, down from 52 in Q1 2023.
  • Funds reported $160M of Metals Acquisition stock for Q2 2023, down 40% quarter-over-quarter.
  • 11 funds opened new Metals Acquisition positions in Q2 2023 and 43 closed out, a net change of -32 holders.
  • The largest Metals Acquisition buyer in Q2 2023 was BlackRock, an estimated $49.4M added.
  • The largest Metals Acquisition seller in Q2 2023 was Farallon Capital Management, an estimated $25.4M sold.

Based on aggregated 13F filings for Q2 2023.