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MTAL.U

Metals Acquisition Corp II Units
MTAL.U

10 hedge funds and large institutions have $36.5M invested in Metals Acquisition Corp II Units in 2026 Q2 according to their latest regulatory filings, with 0 funds opening new positions, 2 increasing their positions, 3 reducing their positions, and 33 closing their positions.

New
Increased
Maintained
Reduced
Closed

33% less repeat investments, than reductions

Existing positions increased: 2 | Existing positions reduced: 3

77% less funds holding

Funds holding: 43 → 10 (-33)

80% less capital invested

Capital invested by funds: $185M → $36.5M (-$149M)

100% less first-time investments, than exits

New positions opened: 0 | Existing positions closed: 33

Holders
10
Holders Change
-33
Holders Change %
-76.74%
% of All Funds
0.12%
Holding in Top 10
–
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
–
New
–
Increased
2
Reduced
3
Closed
33
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
LPC
Lineage Point Capital
Florida
+$3.11K
2
Susquehanna International Group
Susquehanna International Group
Pennsylvania
+$1.04K

Top Sellers

Rank Fund Capital Flow
1
ECP
Empyrean Capital Partners
California
-$20M
2
Adage Capital Partners
Adage Capital Partners
Massachusetts
-$18.2M
3
Healthcare of Ontario Pension Plan (HOOPP) Trust Fund
Healthcare of Ontario Pension Plan (HOOPP) Trust Fund
Ontario, Canada
-$10.8M
4
MF
Magnetar Financial
Illinois
-$10.1M
5
MCM
Moore Capital Management
New York
-$10.1M
Name Holding Trade Value Shares
Change 		Change in
Stake
Millennium Management
1
Millennium Management
New York
$12.4M -$8.35M -800,000 -41%
VV
2
Verbena Value
Connecticut
$9.86M – – –
AC
3
Aristeia Capital
Connecticut
$7.67M – – –
OMC
4
Oasis Management Company
Cayman Islands
$2.19M – – –
LPC
5
Lineage Point Capital
Florida
$1.57M +$3.11K +298 +0.2%
LP
6
LMR Partners
United Kingdom
$1.09M – – –
Toronto Dominion Bank
7
Toronto Dominion Bank
Ontario, Canada
$774K -$828K -79,298 -53%
BI
8
Bulldog Investors
New Jersey
$701K – – –
Susquehanna International Group
9
Susquehanna International Group
Pennsylvania
$165K +$1.04K +100 +0.7%
CS
10
Clear Street
New York
$82.7K -$2.53M -242,443 -97%
ECP
11
Empyrean Capital Partners
California
– -$20M -1,980,000 Closed
Adage Capital Partners
12
Adage Capital Partners
Massachusetts
– -$18.2M -1,800,000 Closed
Healthcare of Ontario Pension Plan (HOOPP) Trust Fund
13
Healthcare of Ontario Pension Plan (HOOPP) Trust Fund
Ontario, Canada
– -$10.8M -1,075,000 Closed
MF
14
Magnetar Financial
Illinois
– -$10.1M -1,000,000 Closed
MCM
15
Moore Capital Management
New York
– -$10.1M -1,000,000 Closed
SCP
16
SailingStone Capital Partners
Texas
– -$8.83M -875,000 Closed
AIMCA
17
Alberta Investment Management Corp (AIMCo)
Alberta, Canada
– -$6.05M -600,000 Closed
SCM
18
Saba Capital Management
New York
– -$5.71M -566,346 Closed
BNP Paribas Financial Markets
19
BNP Paribas Financial Markets
France
– -$5.34M -529,436 Closed
LA
20
Linden Advisors
New York
– -$5.04M -500,000 Closed
AA
21
AQR Arbitrage
Connecticut
– -$4.75M -470,564 Closed
SAMU
22
SONA Asset Management (US)
New York
– -$4.04M -400,000 Closed
CL
23
CSS LLC
Illinois
– -$3.78M -374,411 Closed
FTCM
24
First Trust Capital Management
Illinois
– -$3.54M -351,271 Closed
DAM
25
Decagon Asset Management
United Kingdom
– -$3.47M -344,015 Closed
1
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MTAL.U Hedge Fund Activity: Q2 2026 in Review

10 of the 8,279 institutional investors tracked by Wall St. Rank reported a position in Metals Acquisition Corp II Units (MTAL.U) for Q2 2026, worth a combined $36.5M — down 80% from $185M a quarter earlier.

Sellers outnumbered buyers: 33 funds closed out of MTAL.U and 0 opened new positions — a net loss of 33 holders — while 3 trimmed existing stakes and 2 added.

The largest buyer was Lineage Point Capital, adding an estimated $3.11K. The largest seller was Empyrean Capital Partners, exiting entirely with an estimated $20M sold.

  • 10 institutional investors held Metals Acquisition Corp II Units (MTAL.U) as of Q2 2026, down from 43 in Q1 2026.
  • Funds reported $36.5M of Metals Acquisition Corp II Units stock for Q2 2026, down 80% quarter-over-quarter.
  • 0 funds opened new Metals Acquisition Corp II Units positions in Q2 2026 and 33 closed out, a net change of -33 holders.
  • The largest Metals Acquisition Corp II Units buyer in Q2 2026 was Lineage Point Capital, an estimated $3.11K added.
  • The largest Metals Acquisition Corp II Units seller in Q2 2026 was Empyrean Capital Partners, an estimated $20M sold.

Based on aggregated 13F filings for Q2 2026.