Metals Acquisition
MTAL
MTAL was delisted on the 10th of October, 2025.
137 hedge funds and large institutions have $626M invested in Metals Acquisition in 2025 Q3 according to their latest regulatory filings, with 33 funds opening new positions, 51 increasing their positions, 40 reducing their positions, and 9 closing their positions.
267% more first-time investments, than exits
New positions opened: 33 | Existing positions closed: 9
34% more capital invested
Capital invested by funds: $466M → $626M (+$160M)
28% more repeat investments, than reductions
Existing positions increased: 51 | Existing positions reduced: 40
21% more funds holding
Funds holding: 113 → 137 (+24)
15.45% more ownership
Funds ownership: 46.72% → 62.17% (+15%)
0% more funds holding in top 10
Funds holding in top 10: 4 → 4 (0)
Top Buyers
| 1 |
Fidelity International
Hamilton,
Bermuda
|
+$68.3M |
| 2 |
KC
Kryger Capital
London,
United Kingdom
|
+$44.3M |
| 3 |
OBAM
ODDO BHF Asset Management
Paris,
France
|
+$31.5M |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$14.1M |
| 5 |
Morgan Stanley
New York
|
+$13.9M |
Top Sellers
| 1 |
FSC
Fourth Sail Capital
Camana Bay Grand Cayman,
Cayman Islands
|
-$58.3M |
| 2 |
SCP
SailingStone Capital Partners
Houston,
Texas
|
-$20.8M |
| 3 |
SSA
Schonfeld Strategic Advisors
New York
|
-$3.96M |
| 4 |
BlackRock
New York
|
-$3.55M |
| 5 |
Geode Capital Management
Boston,
Massachusetts
|
-$1.65M |
MTAL Hedge Fund Activity: Q3 2025 in Review
137 of the 7,619 institutional investors tracked by Wall St. Rank reported a position in Metals Acquisition (MTAL) for Q3 2025, worth a combined $626M — up 34% from $466M a quarter earlier.
Buyers outnumbered sellers: 33 funds opened new MTAL positions and 9 closed out — a net gain of 24 holders — while 51 added to existing stakes and 40 trimmed.
The largest buyer was Fidelity International, opening a new position worth an estimated $68.3M. The largest seller was Fourth Sail Capital, cutting an estimated $58.3M.
- 137 institutional investors held Metals Acquisition (MTAL) as of Q3 2025, up from 113 in Q2 2025.
- Funds reported $626M of Metals Acquisition stock for Q3 2025, up 34% quarter-over-quarter.
- 33 funds opened new Metals Acquisition positions in Q3 2025 and 9 closed out, a net change of +24 holders.
- The largest Metals Acquisition buyer in Q3 2025 was Fidelity International, an estimated $68.3M added.
- The largest Metals Acquisition seller in Q3 2025 was Fourth Sail Capital, an estimated $58.3M sold.
Based on aggregated 13F filings for Q3 2025.