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MTAL.U

Metals Acquisition Corp II Units
MTAL.U

43 hedge funds and large institutions have $185M invested in Metals Acquisition Corp II Units in 2026 Q1 according to their latest regulatory filings, with 43 funds opening new positions, increasing their positions, reducing their positions, and closing their positions.

New
Increased
Maintained
Reduced
Closed
Holders
43
Holders Change
+43
Holders Change %
–
% of All Funds
0.53%
Holding in Top 10
–
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
–
New
43
Increased
–
Reduced
–
Closed
–
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
ECP
Empyrean Capital Partners
California
+$20M
2
Millennium Management
Millennium Management
New York
+$19.5M
3
Adage Capital Partners
Adage Capital Partners
Massachusetts
+$18.2M
4
Healthcare of Ontario Pension Plan (HOOPP) Trust Fund
Healthcare of Ontario Pension Plan (HOOPP) Trust Fund
Ontario, Canada
+$10.9M
5
MF
Magnetar Financial
Illinois
+$10.1M

Top Sellers

No sellers this quarter
Name Holding Trade Value Shares
Change 		Change in
Stake
ECP
1
Empyrean Capital Partners
California
$20M +$20M +1,980,000 New
Millennium Management
2
Millennium Management
New York
$19.5M +$19.5M +1,930,000 New
Adage Capital Partners
3
Adage Capital Partners
Massachusetts
$18.2M +$18.2M +1,800,000 New
Healthcare of Ontario Pension Plan (HOOPP) Trust Fund
4
Healthcare of Ontario Pension Plan (HOOPP) Trust Fund
Ontario, Canada
$10.8M +$10.9M +1,075,000 New
MF
5
Magnetar Financial
Illinois
$10.1M +$10.1M +1,000,000 New
MCM
6
Moore Capital Management
New York
$10.1M +$10.1M +1,000,000 New
VV
7
Verbena Value
Connecticut
$9.08M +$9.1M +900,000 New
SCP
8
SailingStone Capital Partners
Texas
$8.83M +$8.85M +875,000 New
AC
9
Aristeia Capital
Connecticut
$7.07M +$7.08M +700,397 New
AIMCA
10
Alberta Investment Management Corp (AIMCo)
Alberta, Canada
$6.05M +$6.07M +600,000 New
SCM
11
Saba Capital Management
New York
$5.71M +$5.72M +566,346 New
BNP Paribas Financial Markets
12
BNP Paribas Financial Markets
France
$5.34M +$5.35M +529,436 New
LA
13
Linden Advisors
New York
$5.04M +$5.05M +500,000 New
AA
14
AQR Arbitrage
Connecticut
$4.75M +$4.76M +470,564 New
SAMU
15
SONA Asset Management (US)
New York
$4.04M +$4.04M +400,000 New
CL
16
CSS LLC
Illinois
$3.78M +$3.78M +374,411 New
FTCM
17
First Trust Capital Management
Illinois
$3.54M +$3.55M +351,271 New
DAM
18
Decagon Asset Management
United Kingdom
$3.47M +$3.48M +344,015 New
CS
19
Clear Street
New York
$2.52M +$2.53M +250,000 New
SC
20
Sculptor Capital
New York
$2.48M +$2.48M +245,296 New
Two Sigma Investments
21
Two Sigma Investments
New York
$2.31M +$2.32M +229,167 New
WC
22
Wealthspring Capital
New York
$2.08M +$2.08M +205,870 New
LGM
23
L1 Global Manager
$2.02M +$2.02M +200,000 New
OMC
24
Oasis Management Company
Cayman Islands
$2.02M +$2.02M +200,000 New
PAMP
25
Polar Asset Management Partners
Ontario, Canada
$2.02M +$2.02M +200,000 New
1
2

MTAL.U Hedge Fund Activity: Q1 2026 in Review

43 of the 8,172 institutional investors tracked by Wall St. Rank reported a position in Metals Acquisition Corp II Units (MTAL.U) for Q1 2026, worth a combined $185M.

Buyers outnumbered sellers: 43 funds opened new MTAL.U positions and 0 closed out — a net gain of 43 holders — while 0 added to existing stakes and 0 trimmed.

The largest buyer was Empyrean Capital Partners, opening a new position worth an estimated $20M.

  • 43 institutional investors held Metals Acquisition Corp II Units (MTAL.U) as of Q1 2026, up from 0 in Q4 2025.
  • Funds reported $185M of Metals Acquisition Corp II Units stock for Q1 2026.
  • 43 funds opened new Metals Acquisition Corp II Units positions in Q1 2026 and 0 closed out, a net change of +43 holders.
  • The largest Metals Acquisition Corp II Units buyer in Q1 2026 was Empyrean Capital Partners, an estimated $20M added.

Based on aggregated 13F filings for Q1 2026.