Metals Acquisition
MTAL
MTAL was delisted on the 10th of October, 2025.
27 hedge funds and large institutions have $333M invested in Metals Acquisition in 2023 Q4 according to their latest regulatory filings, with 6 funds opening new positions, 11 increasing their positions, 3 reducing their positions, and 5 closing their positions.
267% more repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 3
100% more funds holding in top 10
Funds holding in top 10: 2 → 4 (+2)
38% more capital invested
Capital invested by funds: $241M → $333M (+$92.1M)
20% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 5
15.17% more ownership
Funds ownership: 41.71% → 56.88% (+15%)
4% more funds holding
Funds holding: 26 → 27 (+1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CBUSF
Construction & Building Unions Superannuation Fund
Melbourne,
Australia
|
+$2.94M |
| 2 |
PIM
Platinum Investment Management
Sydney Australia 2000,
Australia
|
+$2.15M |
| 3 |
BlackRock
New York
|
+$1.96M |
| 4 |
MCM
Moore Capital Management
New York
|
+$1.61M |
| 5 |
SCP
SailingStone Capital Partners
Houston,
Texas
|
+$1.47M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Adage Capital Partners
Boston,
Massachusetts
|
-$428K |
| 2 |
MCP
Maso Capital Partners
Hong Kong
|
-$345K |
| 3 |
FSI
Flow State Investments
Chicago,
Illinois
|
-$175K |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$158K |
| 5 |
Citigroup
New York
|
-$62.2K |
MTAL Hedge Fund Activity: Q4 2023 in Review
27 of the 6,869 institutional investors tracked by Wall St. Rank reported a position in Metals Acquisition (MTAL) for Q4 2023, worth a combined $333M — up 38% from $241M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new MTAL positions and 5 closed out — a net gain of 1 holder — while 11 added to existing stakes and 3 trimmed.
The largest buyer was Construction & Building Unions Superannuation Fund, adding an estimated $2.94M. The largest seller was Adage Capital Partners, cutting an estimated $428K.
- 27 institutional investors held Metals Acquisition (MTAL) as of Q4 2023, up from 26 in Q3 2023.
- Funds reported $333M of Metals Acquisition stock for Q4 2023, up 38% quarter-over-quarter.
- 6 funds opened new Metals Acquisition positions in Q4 2023 and 5 closed out, a net change of +1 holder.
- The largest Metals Acquisition buyer in Q4 2023 was Construction & Building Unions Superannuation Fund, an estimated $2.94M added.
- The largest Metals Acquisition seller in Q4 2023 was Adage Capital Partners, an estimated $428K sold.
Based on aggregated 13F filings for Q4 2023.