Metals Acquisition Corp Units, each consisting of one Class A ordinary share and one-third of one redeemable warrant
MTAL.U
MTAL.U was delisted on the 15th of June, 2023.
16 hedge funds and large institutions have $27.9M invested in Metals Acquisition Corp Units, each consisting of one Class A ordinary share and one-third of one redeemable warrant in 2021 Q4 according to their latest regulatory filings, with 2 funds opening new positions, increasing their positions, 6 reducing their positions, and 16 closing their positions.
48% less funds holding
Funds holding: 31 → 16 (-15)
80% less capital invested
Capital invested by funds: $138M → $27.9M (-$110M)
88% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 16
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
100% less repeat investments, than reductions
Existing positions increased: 0 | Existing positions reduced: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
+$200K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AMH
Apollo Management Holdings
New York
|
-$24.5M |
| 2 |
FCM
Farallon Capital Management
San Francisco,
California
|
-$24.5M |
| 3 |
ACM
Atalaya Capital Management
New York
|
-$20.4M |
| 4 |
MCM
Moore Capital Management
New York
|
-$9.91M |
| 5 |
Millennium Management
New York
|
-$7.17M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
TCM
26
Tuttle Capital Management
Riverside,
Connecticut
| – | -$1.2M | -120,612 | Closed |
|
27
Bank of America
Charlotte,
North Carolina
| – | -$991K | -100,000 | Closed |
|
|
RCM
28
Radcliffe Capital Management
Bala Cynwyd,
Pennsylvania
| – | -$496K | -50,000 | Closed |
|
|
EC
29
EJF Capital
Arlington,
Virginia
| – | -$396K | -40,000 | Closed |
|
30
Marshall Wace
London,
United Kingdom
| – | -$162K | -16,333 | Closed |
|
|
CH
31
CVI Holdings
Wilmington,
Delaware
| – | -$99K | -10,000 | Closed |
|
MTAL.U Hedge Fund Activity: Q4 2021 in Review
16 of the 6,498 institutional investors tracked by Wall St. Rank reported a position in Metals Acquisition Corp Units, each consisting of one Class A ordinary share and one-third of one redeemable warrant (MTAL.U) for Q4 2021, worth a combined $27.9M — down 80% from $138M a quarter earlier.
Sellers outnumbered buyers: 16 funds closed out of MTAL.U and 2 opened new positions — a net loss of 14 holders — while 6 trimmed existing stakes and 0 added.
The largest buyer was UBS Group, opening a new position worth an estimated $200K. The largest seller was Apollo Management Holdings, exiting entirely with an estimated $24.5M sold.
- 16 institutional investors held Metals Acquisition Corp Units, each consisting of one Class A ordinary share and one-third of one redeemable warrant (MTAL.U) as of Q4 2021, down from 31 in Q3 2021.
- Funds reported $27.9M of Metals Acquisition Corp Units, each consisting of one Class A ordinary share and one-third of one redeemable warrant stock for Q4 2021, down 80% quarter-over-quarter.
- 2 funds opened new Metals Acquisition Corp Units, each consisting of one Class A ordinary share and one-third of one redeemable warrant positions in Q4 2021 and 16 closed out, a net change of -14 holders.
- The largest Metals Acquisition Corp Units, each consisting of one Class A ordinary share and one-third of one redeemable warrant buyer in Q4 2021 was UBS Group, an estimated $200K added.
- The largest Metals Acquisition Corp Units, each consisting of one Class A ordinary share and one-third of one redeemable warrant seller in Q4 2021 was Apollo Management Holdings, an estimated $24.5M sold.
Based on aggregated 13F filings for Q4 2021.