Metals Acquisition
MTAL
MTAL was delisted on the 10th of October, 2025.
113 hedge funds and large institutions have $466M invested in Metals Acquisition in 2025 Q2 according to their latest regulatory filings, with 32 funds opening new positions, 56 increasing their positions, 18 reducing their positions, and 21 closing their positions.
211% more repeat investments, than reductions
Existing positions increased: 56 | Existing positions reduced: 18
52% more first-time investments, than exits
New positions opened: 32 | Existing positions closed: 21
36% more capital invested
Capital invested by funds: $342M → $466M (+$124M)
10% more funds holding
Funds holding: 103 → 113 (+10)
0% more funds holding in top 10
Funds holding in top 10: 4 → 4 (0)
1.69% less ownership
Funds ownership: 48.42% → 46.72% (-1.7%)
Top Buyers
| 1 |
Balyasny Asset Management
Chicago,
Illinois
|
+$11.4M |
| 2 |
BlackRock
New York
|
+$8.29M |
| 3 |
Qube Research & Technologies (QRT)
London,
United Kingdom
|
+$5.03M |
| 4 |
SSA
Schonfeld Strategic Advisors
New York
|
+$3.46M |
| 5 |
Millennium Management
New York
|
+$2.93M |
Top Sellers
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
126
SG Americas Securities
New York
| – | -$118K | -12,323 | Closed |
|
|
CWM
127
CIBC World Markets
New York
| – | -$114K | -11,953 | Closed |
|
|
QCG
128
Quadrant Capital Group
Cincinnati,
Ohio
| – | -$18.7K | -1,959 | Closed |
|
|
ACM
129
Aster Capital Management
Dubai,
United Arab Emirates
| – | -$7.31K | -726 | Closed |
|
|
VCM
130
Versant Capital Management
Phoenix,
Arizona
| – | -$3.46K | -363 | Closed |
|
|
QL
131
Quarry LP
New York
| – | -$1.73K | -181 | Closed |
|
|
PFBT
132
Parkside Financial Bank & Trust
Saint Louis,
Missouri
| – | -$477 | -50 | Closed |
|
|
SC
133
Stephens Consulting
Flint,
Michigan
| – | -$334 | -35 | Closed |
|
|
C
134
Covestor
London,
United Kingdom
| – | -$10 | -1 | -13% |
|
MTAL Hedge Fund Activity: Q2 2025 in Review
113 of the 7,595 institutional investors tracked by Wall St. Rank reported a position in Metals Acquisition (MTAL) for Q2 2025, worth a combined $466M — up 36% from $342M a quarter earlier.
Buyers outnumbered sellers: 32 funds opened new MTAL positions and 21 closed out — a net gain of 11 holders — while 56 added to existing stakes and 18 trimmed.
The largest buyer was Balyasny Asset Management, opening a new position worth an estimated $11.4M. The largest seller was Sprott Inc, exiting entirely with an estimated $12.1M sold.
- 113 institutional investors held Metals Acquisition (MTAL) as of Q2 2025, up from 103 in Q1 2025.
- Funds reported $466M of Metals Acquisition stock for Q2 2025, up 36% quarter-over-quarter.
- 32 funds opened new Metals Acquisition positions in Q2 2025 and 21 closed out, a net change of +11 holders.
- The largest Metals Acquisition buyer in Q2 2025 was Balyasny Asset Management, an estimated $11.4M added.
- The largest Metals Acquisition seller in Q2 2025 was Sprott Inc, an estimated $12.1M sold.
Based on aggregated 13F filings for Q2 2025.