Metals Acquisition

MTAL • NYSE

Metals Acquisition is a shell companies company in the financial services sector on NYSE, led by John Rhett Miles Bennett, with a market cap of $1.0B. As of Q3 2025, 62% of shares are held by 135 institutional investors, with Glencore plc as the largest holder at 12.12%.

CEOJohn Rhett Miles Bennett

Market Cap$1.0B

Shell Companies

Financial Services

Employees3.0

Websitemetalsacquisition.com

Overview

Overview of institutional ownership in MTAL as of Q3 2025 with a market cap of $1.0B

All Institutions

Institutions: 135
Value Held: $625.8M
Shares Held: 51.3M
Avg Position: $4.6M
Median Position: $553.1K

Hedge Funds

Hedge Funds: 26
Value Held: $87.2M
Shares Held: 7.1M
Avg Position: $3.4M
Median Position: $1.0M

Ownership Breakdown

Institutional (non-HF)

53.45%

$538.6M

Hedge Funds

8.65%

$87.2M

Retail & Other

37.9%

$382.0M

Based on market cap of $1.0B as of Q3 2025. Institutional (non-HF) excludes hedge funds to avoid double counting.

Biggest Investors

Institutions with the largest positions in MTAL as of Q3 2025

Institution	Key People	Position Value	Ownership	Owned Since	Total AUM (Long)
G Glencore plc Institution	-	$122.1M 3.08% of portfolio	12.12% 10.0M shares	Q4 2024 Held for 11 months	$4.0B
F FIL Ltd Institution	-	$68.9M 0.05% of portfolio	6.83% 5.6M shares	Q4 2024 Held for 11 months	$127.75B
B BlackRock, Inc. Institution	-	$59.5M 0.00% of portfolio	5.90% 4.9M shares	Q2 2023 Held for 2y 5m	$5.67T
O Omni Event Management Ltd Institution	-	$44.7M 5.19% of portfolio	4.43% 3.7M shares	Q3 2025 Held for 2 months	$860.9M
O ODDO BHF ASSET MANAGEMENT SAS Institution	-	$31.7M 1.21% of portfolio	3.15% 2.6M shares	Q3 2025 Held for 2 months	$2.6B
Bluescape Energy Partners LLC Private Equity	C John Wilder Chairman	$25.4M 5.91% of portfolio	2.52% 2.1M shares	Q3 2023 Held for 2y 2m	$430.7M
M MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. Institution	-	$22.7M 0.04% of portfolio	2.26% 1.9M shares	Q2 2024 Held for 1y 5m	$61.8B
MORGAN STANLEY RIA/Wealth	Jed Finn CEO	$18.8M 0.00% of portfolio	1.87% 1.5M shares	Q3 2023 Held for 2y 2m	$1.65T
UBS Group AG Institution	Sergio P. Ermotti CEO	$15.1M 0.00% of portfolio	1.50% 1.2M shares	Q3 2022 Held for 3y 2m	$511.54B
BALYASNY ASSET MANAGEMENT LLC Hedge Fund•Multi-Strategy	Dmitry Balyasny CIO	$15.0M 0.03% of portfolio	1.49% 1.2M shares	Q2 2025 Held for 5 months	$48.1B

Net Capital Flow

Institutional buying and selling activity for MTAL in Q3 2025

Traded: +$160.0M
Buyers: 85
Sellers: 47
Total Bought: +$263.2M
Total Sold: −$103.3M
Avg Position: $4.3M

Biggest Buyers

Institution	Net Bought	Current Position
F FIL Ltd Institution	+$68.9M +5.6M shares	$68.9M 5.6M shares
O Omni Event Management Ltd Institution	+$44.7M +3.7M shares	$44.7M 3.7M shares
O ODDO BHF ASSET MANAGEMENT SAS Institution	+$31.7M +2.6M shares	$31.7M 2.6M shares
UBS Group AG Institution	+$14.2M +1.2M shares	$15.1M 1.2M shares
MORGAN STANLEY RIA/Wealth	+$14.1M +1.2M shares	$18.8M 1.5M shares
GABELLI SECURITIES INC Hedge Fund•Multi-Strategy	+$9.4M +769.8K shares	$10.1M 827.5K shares
GABELLI FUNDS LLC Long Only Manager	+$9.3M +762.0K shares	$10.2M 839.2K shares
MILLENNIUM MANAGEMENT LLC Hedge Fund•Multi-Strategy	+$8.6M +700.3K shares	$13.5M 1.1M shares
ALLIANCEBERNSTEIN L.P. Long Only Manager	+$7.9M +648.0K shares	$8.9M 727.6K shares
CNH PARTNERS LLC Hedge Fund•Multi-Strategy	+$6.6M +539.2K shares	$7.8M 640.2K shares

Biggest Sellers

Institution	Net Sold	Current Position
F Fourth Sail Capital LP Institution	−$58.7M −4.8M shares	$7.9M 646.6K shares
SailingStone Capital Partners LLC Hedge Fund•Sector	−$20.9M −1.7M shares	$14.7M 1.2M shares
B BlackRock, Inc. Institution	−$3.6M −293.3K shares	$59.5M 4.9M shares
GEODE CAPITAL MANAGEMENT LLC ETF Provider	−$1.7M −135.8K shares	$9.1M 742.5K shares
TUDOR INVESTMENT CORP ET AL Hedge Fund•Multi-Strategy	−$1.6M −127.0K shares	$907.2K 74.3K shares
O OXFORD ASSET MANAGEMENT Institution	−$1.5M −125.9K shares	$796.3K 65.2K shares
STATE STREET CORP Institution	−$1.3M −107.2K shares	$12.3M 1.0M shares
B BCK CAPITAL MANAGEMENT LP Hedge Fund•Event Driven	−$1.1M −93.9K shares	Sold Off 0 shares
Groupe la Francaise Fund of Funds	−$1.1M −90.0K shares	$2.3M 187.0K shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	−$1.0M −86.5K shares	Sold Off 0 shares

Entry and Exit Activity

Institutions that initiated new positions or completely exited MTAL in Q3 2025

New Positions: 24
New Value: $87.7M
Exited Positions: 9
Exited Value: $5.3M

New Positions

Institution	Position Value
O Omni Event Management Ltd Institution	$44.7M 3.7M shares
O ODDO BHF ASSET MANAGEMENT SAS Institution	$31.7M 2.6M shares
C Carmignac Gestion Institution	$2.6M 212.5K shares
TWO SIGMA INVESTMENTS LLC Hedge Fund•Multi-Strategy	$1.3M 102.8K shares
ARROWSTREET CAPITAL LIMITED PARTNERSHIP Hedge Fund•Quant	$1.2M 94.7K shares
D DARK FOREST CAPITAL MANAGEMENT LP Pension/Endowment	$1.0M 85.2K shares
H HRT FINANCIAL LLC Institution	$950.7K 77.9K shares
Trexquant Investment LP Hedge Fund•Quant	$884.5K 72.4K shares
SPRINGBOK CAPITAL MANAGEMENT, LLC Fund of Funds	$872.6K 71.5K shares
Y Yakira Capital Management, Inc. Hedge Fund•Event Driven	$477.2K 39.1K shares

Exited Positions

Institution	Previous Position
B BCK CAPITAL MANAGEMENT LP Hedge Fund•Event Driven	$1.1M 93.9K shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	$1.0M 86.5K shares
A ALPS ADVISORS INC ETF Provider	$979.7K 81.0K shares
LOS ANGELES CAPITAL MANAGEMENT & EQUITY RESEARCH INC Long Only Manager	$829.0K 68.6K shares
A Americana Partners, LLC RIA/Wealth	$484.1K 40.0K shares
Centiva Capital, LP Hedge Fund•Multi-Strategy	$343.0K 28.4K shares
Toroso Investments, LLC ETF Provider	$290.0K 24.0K shares
V Virtu Financial LLC Institution	$190.0K 15.7K shares
Caitong International Asset Management Co., Ltd RIA/Wealth	$459.0 38.0 shares

Options Activity

Institutions with the largest Call and Put options positions in MTAL as of Q3 2025

Call Positions: 0
Call Value: -
Put Positions: 0
Put Value: -

Call Positions

Institution	Position Value
No call positions found

Put Positions

Institution	Position Value
No put positions found

Most Committed Institutions

Institutions with MTAL as the highest % of their portfolio as of Q3 2025

Institution	Key People	Portfolio Weight	Ownership	Owned Since	Total AUM (Long)
Bluescape Energy Partners LLC Private Equity	C John Wilder Chairman	5.91% $25.4M	2.52% 2.1M shares	Q3 2023 Held for 2y 2m	$430.7M
O Omni Event Management Ltd Institution	-	5.19% $44.7M	4.43% 3.7M shares	Q3 2025 Held for 2 months	$860.9M
SailingStone Capital Partners LLC Hedge Fund•Sector	Walker Nelson Moody President	3.84% $14.7M	1.46% 1.2M shares	Q2 2023 Held for 2y 5m	$381.9M
G Glencore plc Institution	-	3.08% $122.1M	12.12% 10.0M shares	Q4 2024 Held for 11 months	$4.0B
F Fourth Sail Capital LP Institution	-	1.94% $7.9M	0.78% 646.6K shares	Q4 2023 Held for 1y 11m	$407.6M
GABELLI SECURITIES INC Hedge Fund•Multi-Strategy	Patrick Bernard Huvane CEO	1.66% $10.1M	1.00% 827.5K shares	Q2 2025 Held for 5 months	$610.0M
O ODDO BHF ASSET MANAGEMENT SAS Institution	-	1.21% $31.7M	3.15% 2.6M shares	Q3 2025 Held for 2 months	$2.6B
Mudita Advisors LLP Hedge Fund•Multi-Strategy	Thomas Luke Rimington Hardy Founder	0.65% $2.2M	0.22% 183.7K shares	Q2 2024 Held for 1y 5m	$345.8M
C CREDIT INDUSTRIEL ET COMMERCIAL Institution	-	0.37% $1.6M	0.16% 134.0K shares	Q2 2025 Held for 5 months	$440.6M
VGI PARTNERS PTY Ltd Hedge Fund•Long/Short	Brendan John O'Connor CEO	0.35% $4.9M	0.49% 400.6K shares	Q2 2023 Held for 2y 5m	$1.4B