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.
10 hedge funds and large institutions have $18.8M invested in Metals Acquisition Corp Units, each consisting of one Class A ordinary share and one-third of one redeemable warrant in 2022 Q1 according to their latest regulatory filings, with 1 funds opening new positions, 1 increasing their positions, 2 reducing their positions, and 7 closing their positions.
32% less capital invested
Capital invested by funds: $27.9M → $18.8M (-$9.06M)
38% less funds holding
Funds holding: 16 → 10 (-6)
50% less repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 2
86% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VF
Virtu Financial
New York
|
+$313K |
| 2 |
Millennium Management
New York
|
+$1.11K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MF
Magnetar Financial
Evanston,
Illinois
|
-$4.34M |
| 2 |
PC
Periscope Capital
Toronto,
Ontario, Canada
|
-$3.47M |
| 3 |
AA
Ancora Advisors
Cleveland,
Ohio
|
-$861K |
| 4 |
AC
Athos Capital
Hong Kong
|
-$749K |
| 5 |
Wellington Management Group
Boston,
Massachusetts
|
-$487K |
MTAL.U Hedge Fund Activity: Q1 2022 in Review
10 of the 6,340 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 Q1 2022, worth a combined $18.8M — down 32% from $27.9M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of MTAL.U and 1 opened new positions — a net loss of 6 holders — while 2 trimmed existing stakes and 1 added.
The largest buyer was Virtu Financial, opening a new position worth an estimated $313K. The largest seller was Magnetar Financial, exiting entirely with an estimated $4.34M sold.
- 10 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 Q1 2022, down from 16 in Q4 2021.
- Funds reported $18.8M of Metals Acquisition Corp Units, each consisting of one Class A ordinary share and one-third of one redeemable warrant stock for Q1 2022, down 32% quarter-over-quarter.
- 1 fund opened new Metals Acquisition Corp Units, each consisting of one Class A ordinary share and one-third of one redeemable warrant positions in Q1 2022 and 7 closed out, a net change of -6 holders.
- The largest Metals Acquisition Corp Units, each consisting of one Class A ordinary share and one-third of one redeemable warrant buyer in Q1 2022 was Virtu Financial, an estimated $313K added.
- The largest Metals Acquisition Corp Units, each consisting of one Class A ordinary share and one-third of one redeemable warrant seller in Q1 2022 was Magnetar Financial, an estimated $4.34M sold.
Based on aggregated 13F filings for Q1 2022.