Metals Acquisition
MTAL
MTAL was delisted on the 10th of October, 2025.
52 hedge funds and large institutions have $268M invested in Metals Acquisition in 2023 Q1 according to their latest regulatory filings, with 9 funds opening new positions, 10 increasing their positions, 6 reducing their positions, and 7 closing their positions.
67% more repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 6
29% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 7
10% more capital invested
Capital invested by funds: $243M → $268M (+$25.2M)
7.1% more ownership
Funds ownership: 91.55% → 98.65% (+7.1%)
4% more funds holding
Funds holding: 50 → 52 (+2)
0% more funds holding in top 10
Funds holding in top 10: 5 → 5 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WCMNY
Westchester Capital Management (New York)
Valhalla,
New York
|
+$12.6M |
| 2 |
MC
Meteora Capital
Boca Raton,
Florida
|
+$4.6M |
| 3 |
UPC
Utah Peaks Capital
Park City,
Utah
|
+$4.32M |
| 4 |
WRBC
W.R. Berkley Corp
Greenwich,
Connecticut
|
+$3.42M |
| 5 |
BFM
Boothbay Fund Management
New York
|
+$2.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$4.05M |
| 2 |
SC
Shay Capital
New York
|
-$3.48M |
| 3 |
SC
Sculptor Capital
New York
|
-$2.53M |
| 4 |
PAMP
Polar Asset Management Partners
Toronto,
Ontario, Canada
|
-$2.02M |
| 5 |
GCM
Ghisallo Capital Management
Boston,
Massachusetts
|
-$1.89M |
MTAL Hedge Fund Activity: Q1 2023 in Review
52 of the 6,283 institutional investors tracked by Wall St. Rank reported a position in Metals Acquisition (MTAL) for Q1 2023, worth a combined $268M — up 10% from $243M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new MTAL positions and 7 closed out — a net gain of 2 holders — while 10 added to existing stakes and 6 trimmed.
The largest buyer was Westchester Capital Management (New York), adding an estimated $12.6M. The largest seller was Millennium Management, cutting an estimated $4.05M.
- 52 institutional investors held Metals Acquisition (MTAL) as of Q1 2023, up from 50 in Q4 2022.
- Funds reported $268M of Metals Acquisition stock for Q1 2023, up 10% quarter-over-quarter.
- 9 funds opened new Metals Acquisition positions in Q1 2023 and 7 closed out, a net change of +2 holders.
- The largest Metals Acquisition buyer in Q1 2023 was Westchester Capital Management (New York), an estimated $12.6M added.
- The largest Metals Acquisition seller in Q1 2023 was Millennium Management, an estimated $4.05M sold.
Based on aggregated 13F filings for Q1 2023.