Metallus

MTUS • NYSE

Metallus is a steel company in the basic materials sector on NYSE, led by Michael S. Williams, with a market cap of $758.4M. As of Q3 2025, 82% of shares are held by 193 institutional investors, with BlackRock, Inc. as the largest holder at 15.64%.

President and Chief Executive OfficerMichael S. Williams

Market Cap$758.4M

Steel

Basic Materials

Employees1.8K

Websitemetallus.com

Country

United States of America

Overview

Overview of institutional ownership in MTUS as of Q3 2025 with a market cap of $691.4M

All Institutions

Institutions: 193
Value Held: $568.5M
Shares Held: 34.4M
Avg Position: $2.9M
Median Position: $319.3K

Hedge Funds

Hedge Funds: 23
Value Held: $48.0M
Shares Held: 2.9M
Avg Position: $2.1M
Median Position: $918.9K

Ownership Breakdown

Institutional (non-HF)

75.29%

$520.5M

Hedge Funds

6.94%

$48.0M

Retail & Other

17.78%

$122.9M

Based on market cap of $691.4M as of Q3 2025. Institutional (non-HF) excludes hedge funds to avoid double counting.

Biggest Investors

Institutions with the largest positions in MTUS as of Q3 2025

Institution	Key People	Position Value	Ownership	Owned Since	Total AUM (Long)
B BlackRock, Inc. Institution	-	$108.1M 0.00% of portfolio	15.64% 6.5M shares	Q1 2024 Held for 1y 8m	$5.67T
VANGUARD GROUP INC Institution	Salim Ramji CEO	$47.3M 0.00% of portfolio	6.84% 2.9M shares	Q4 2023 Held for 1y 11m	$6.69T
DIMENSIONAL FUND ADVISORS LP Long Only Manager	David Paul Butler CEO	$44.5M 0.01% of portfolio	6.43% 2.7M shares	Q1 2024 Held for 1y 8m	$466.32B
STATE STREET CORP Institution	Ronald P. O'Hanley CEO	$42.2M 0.00% of portfolio	6.11% 2.6M shares	Q1 2024 Held for 1y 8m	$2.88T
M MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. Institution	-	$32.0M 0.05% of portfolio	4.62% 1.9M shares	Q2 2024 Held for 1y 5m	$61.8B
A AMERICAN CENTURY COMPANIES INC Institution	-	$25.4M 0.01% of portfolio	3.68% 1.5M shares	Q1 2024 Held for 1y 8m	$195.93B
SYSTEMATIC FINANCIAL MANAGEMENT LP Long Only Manager	Kenneth Burgess CIO	$23.3M 0.57% of portfolio	3.38% 1.4M shares	Q1 2024 Held for 1y 8m	$4.1B
RENAISSANCE TECHNOLOGIES LLC Hedge Fund•Quant	Peter Fitzhugh Brown CEO	$16.0M 0.02% of portfolio	2.32% 968.8K shares	Q1 2024 Held for 1y 8m	$75.8B
GEODE CAPITAL MANAGEMENT LLC ETF Provider	David Kenneth Lane CEO	$14.4M 0.00% of portfolio	2.08% 868.7K shares	Q1 2024 Held for 1y 8m	$1.57T
R ROYCE & ASSOCIATES LLC Institution	-	$13.9M 0.14% of portfolio	2.01% 838.8K shares	Q1 2024 Held for 1y 8m	$10.0B

Net Capital Flow

Institutional buying and selling activity for MTUS in Q3 2025

Traded: −$15.9M
Buyers: 85
Sellers: 80
Total Bought: +$30.1M
Total Sold: −$45.9M
Avg Position: $2.7M

Biggest Buyers

Institution	Net Bought	Current Position
C CSM Advisors, LLC Institution	+$4.4M +267.1K shares	$4.4M 267.1K shares
GOLDMAN SACHS GROUP INC Institution	+$2.6M +159.5K shares	$5.2M 316.2K shares
SCHWAB CHARLES INVESTMENT MANAGEMENT INC Long Only Manager	+$2.0M +123.5K shares	$12.4M 751.2K shares
S Squarepoint Ops LLC Hedge Fund•Quant	+$1.8M +108.4K shares	$1.8M 108.4K shares
VAN ECK ASSOCIATES CORP ETF Provider	+$1.7M +104.9K shares	$2.4M 143.4K shares
ARROWSTREET CAPITAL LIMITED PARTNERSHIP Hedge Fund•Quant	+$1.6M +99.2K shares	$1.6M 99.2K shares
MILLENNIUM MANAGEMENT LLC Hedge Fund•Multi-Strategy	+$1.6M +94.7K shares	$3.1M 186.5K shares
Orchard Capital Managment, LLC RIA/Wealth	+$1.5M +90.6K shares	$1.5M 90.6K shares
DONALD SMITH & CO., INC. Long Only Manager	+$1.4M +87.7K shares	$10.6M 644.2K shares
J JANE STREET GROUP, LLC Institution	+$1.2M +74.8K shares	$1.2M 74.8K shares

Biggest Sellers

Institution	Net Sold	Current Position
I Invenomic Capital Management LP Hedge Fund•Long/Short	−$10.8M −697.8K shares	Sold Off 0 shares
B BRIDGEWAY CAPITAL MANAGEMENT INC Long Only Manager	−$5.4M −326.8K shares	$1.9M 114.5K shares
B BlackRock, Inc. Institution	−$4.9M −297.0K shares	$108.1M 6.5M shares
R ROYCE & ASSOCIATES LLC Institution	−$2.4M −143.7K shares	$13.9M 838.8K shares
R ROYAL BANK OF CANADA Institution	−$2.3M −137.4K shares	$4.8M 291.7K shares
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	−$2.1M −125.5K shares	$1.1M 65.2K shares
TOWLE & CO Long Only Manager	−$1.7M −105.6K shares	$8.8M 530.8K shares
A Assenagon Asset Management S.A. Institution	−$1.7M −103.8K shares	$189.9K 11.5K shares
C CastleKnight Management LP Hedge Fund•Event Driven	−$1.4M −89.2K shares	Sold Off 0 shares
STATE STREET CORP Institution	−$1.1M −66.4K shares	$42.2M 2.6M shares

Entry and Exit Activity

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

New Positions: 15
New Value: $6.9M
Exited Positions: 13
Exited Value: $13.8M

New Positions

Institution	Position Value
C CSM Advisors, LLC Institution	$4.4M 267.1K shares
Orchard Capital Managment, LLC RIA/Wealth	$1.5M 90.6K shares
CenterBook Partners LP Hedge Fund•Market Neutral	$425.7K 25.8K shares
ALGERT COLDIRON INVESTORS LLC Hedge Fund•Quant	$389.8K 23.6K shares
ACADIAN ASSET MANAGEMENT LLC Long Only Manager	$121.1K 7.3K shares
ISAM Funds Ltd Hedge Fund•Quant	$52.7K 3.2K shares
N NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO Institution	$33.1K 2.0K shares
O Optiver Holding B.V. Institution	$3.6K 216.0 shares
S Salomon & Ludwin, LLC Institution	$2.6K 152.0 shares
FIRST HORIZON NATIONAL CORP RIA/Wealth	$2.4K 146.0 shares

Exited Positions

Institution	Previous Position
I Invenomic Capital Management LP Hedge Fund•Long/Short	$10.8M 697.8K shares
C CastleKnight Management LP Hedge Fund•Event Driven	$1.4M 89.2K shares
B Brevan Howard Capital Management LP Institution	$789.1K 51.2K shares
T TEXAS PERMANENT SCHOOL FUND Institution	$454.5K 29.5K shares
M Maryland State Retirement & Pension System Institution	$173.0K 11.2K shares
COMMONWEALTH EQUITY SERVICES, LLC. RIA/Wealth	$169.3K 11.0K shares
Quantbot Technologies LLC Hedge Fund•Quant	$109.6K 7.1K shares
Provenance Wealth Advisors, LLC RIA/Wealth	$7.7K 500.0 shares
S Skopos Labs, Inc. RIA/Wealth	$3.6K 231.0 shares
Livelsberger Financial Advisory RIA/Wealth	$2.8K 182.0 shares

Options Activity

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

Call Positions: 3
Call Value: $2.2M
Put Positions: 1
Put Value: $209.9K

Call Positions

Institution	Position Value
P PEAK6 LLC Institution	$1.3M 784.0 contracts
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	$537.2K 325.0 contracts
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	$355.4K 215.0 contracts

Put Positions

Institution	Position Value
P PEAK6 LLC Institution	$209.9K 127.0 contracts

Most Committed Institutions

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

Institution	Key People	Portfolio Weight	Ownership	Owned Since	Total AUM (Long)
Azarias Capital Management, L.P. Hedge Fund•Value	Daren Clark Heitman CIO	3.72% $9.4M	1.36% 567.5K shares	Q4 2024 Held for 11 months	$252.5M
TOWLE & CO Long Only Manager	Christopher Daly Towle CEO	2.21% $8.8M	1.27% 530.8K shares	Q1 2025 Held for 8 months	$396.4M
Ballast Asset Management, LP Long Only Manager	Ragen R Stienke Managing Partner	2.18% $4.8M	0.69% 289.3K shares	Q4 2024 Held for 11 months	$219.1M
Orchard Capital Managment, LLC RIA/Wealth	Blake Elliott Harper Managing Partner	1.98% $1.5M	0.22% 90.6K shares	Q3 2025 Held for 2 months	$75.8M
KESTREL INVESTMENT MANAGEMENT CORP Hedge Fund•Event Driven	David J. Steirman President	1.27% $2.2M	0.33% 136.0K shares	Q2 2024 Held for 1y 5m	$177.4M
M Manatuck Hill Partners, LLC Hedge Fund•Long/Short	Mark Allen Broach Managing Partner	0.88% $2.5M	0.36% 150.0K shares	Q2 2024 Held for 1y 5m	$282.7M
SYSTEMATIC FINANCIAL MANAGEMENT LP Long Only Manager	Kenneth Burgess CIO	0.57% $23.3M	3.38% 1.4M shares	Q1 2024 Held for 1y 8m	$4.1B
WEXFORD CAPITAL LP Hedge Fund•Multi-Strategy	Charles Eugene Davidson Chairman	0.53% $1.7M	0.25% 105.5K shares	Q2 2025 Held for 5 months	$330.0M
Skylands Capital, LLC Hedge Fund•Multi-Strategy	Virginia Elizabeth Shaffar President	0.42% $3.0M	0.44% 184.3K shares	Q2 2025 Held for 5 months	$723.8M
SITTNER & NELSON, LLC RIA/Wealth	Kevin Lee Sittner CCO	0.29% $797.1K	0.12% 48.2K shares	Q1 2024 Held for 1y 8m	$274.8M

Hedge Fund Spotlight

Discover hedge funds investing in MTUS

ISAM Funds Ltd

Hedge Fund • Quant

Portfolio ManagerRoy Sher

Portfolio Value: $489.3M
Positions: 601
Last Reported: Q3 2025

Sector Allocation

Position in Metallus

Market Value: $52.7K
Shares Held: 3.2K
Portfolio Weight: 0.01%
Owned Since: 2025-Q3

Top Holding	Sector	Market Value	Weight
1 Merck & Co. MRK	Drug Manufacturers - General Healthcare	$4.9M	1.00%
2 Chubb CB	Insurance - Property & Casualty Financial Services	$4.9M	1.00%
3 Johnson & Johnson JNJ	Drug Manufacturers - General Healthcare	$4.9M	0.99%