MP MATERIALS CORP MP
COM CL A · Common Stock · CUSIP 553368101 · ISIN US5533681012
American Rare Earth materials company
- SectorMaterials
- IndustryMetal Mining
- HeadquartersLas Vegas, NV
- Websitempmaterials.com
- FilingsSEC EDGAR
* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once ($599.6k this quarter). Holder counts are more reliable. Shares outstanding: 165.3m as of 2024-04-30, from the company's own SEC filing; the percentage can still exceed 100%: lent-out shares are counted by the lender and the buyer, and some reports overlap without saying so. Implied quarter-end price ≈ $14.31. Options: 21 managers hold calls ($153.0m notional), 29 hold puts ($92.0m).
Trends to Q1 2024
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 395 |
| Q4 2022 | 408 |
| Q1 2023 | 411 |
| Q2 2023 | 388 |
| Q3 2023 | 379 |
| Q4 2023 | 392 |
| Q1 2024 | 380 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q4 2022 | 214 | 159 |
| Q1 2023 | 218 | 176 |
| Q2 2023 | 230 | 175 |
| Q3 2023 | 225 | 151 |
| Q4 2023 | 187 | 176 |
| Q1 2024 | 196 | 176 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q2 2023 | $60.6m | $78.4m | 1.29 |
| Q3 2023 | $71.2m | $57.8m | 0.81 |
| Q4 2023 | $110.1m | $90.7m | 0.82 |
| Q1 2024 | $153.0m | $92.0m | 0.60 |
Biggest buyers
| MORGAN STANLEY | Added | +3.8m |
| VICTORY CAPITAL MANAGEMENT INC | Added | +2.4m |
| Invesco Ltd. | Added | +1.9m |
| PRICE T ROWE ASSOCIATES INC /MD/ | Added | +1.6m |
| UBS Group AG | Added | +1.3m |
| BANK OF AMERICA CORP /DE/ | Added | +1.1m |
| Sourcerock Group LLC | New | +788.3k |
| STATE STREET CORP | Added | +779.8k |
| SOROS FUND MANAGEMENT LLC | New | +585.2k |
| CITADEL ADVISORS LLC | Added | +516.8k |
Biggest sellers
| NEUBERGER BERMAN GROUP LLC | Sold out | -880.7k |
| Covalis Capital LLP | Sold out | -679.3k |
| RENAISSANCE TECHNOLOGIES LLC | Reduced | -661.2k |
| FIRST TRUST ADVISORS LP | Reduced | -387.4k |
| FEDERATED HERMES, INC. | Reduced | -360.1k |
| Polar Capital Holdings Plc | Reduced | -342.5k |
| D. E. Shaw & Co., Inc. | Reduced | -324.6k |
| NORGES BANK | Reduced | -283.6k |
| Freemont Management S.A. | Sold out | -270.5k |
| Gotham Asset Management, LLC | Sold out | -261.5k |
Biggest calls
| UBS Group AG | New | $98.3m6.9m shares |
| CITADEL ADVISORS LLC | Added | $13.9m973.3k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $7.9m554.8k shares |
| Squarepoint Ops LLC | Reduced | $7.1m495.1k shares |
| CAPITAL FUND MANAGEMENT S.A. | Reduced | $6.2m434.0k shares |
| SIMPLEX TRADING, LLC | Reduced | $3.2m226.3k shares |
| GROUP ONE TRADING LLC | Reduced | $2.4m167.8k shares |
| IMC-Chicago, LLC | Added | $1.6m112.4k shares |
| JANE STREET GROUP, LLC | Reduced | $1.6m111.3k shares |
| SCOPUS ASSET MANAGEMENT, L.P. | New | $1.4m100.0k shares |
Biggest puts
| CITADEL ADVISORS LLC | Added | $14.1m983.8k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $10.7m748.8k shares |
| Parallax Volatility Advisers, L.P. | Added | $9.4m655.0k shares |
| Portman Square Capital LLP | New | $8.6m600.0k shares |
| III Capital Management | Added | $6.3m440.0k shares |
| Graham Capital Management, L.P. | Unchanged | $6.0m422.8k shares |
| TWO SIGMA INVESTMENTS, LP | New | $5.1m354.4k shares |
| CAPITAL FUND MANAGEMENT S.A. | Reduced | $5.1m353.2k shares |
| Squarepoint Ops LLC | Reduced | $4.2m292.2k shares |
| SIMPLEX TRADING, LLC | Added | $3.7m261.5k shares |
Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.
Major shareholders (over 5%)
Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.
| Holder | Stake |
|---|---|
| BlackRock, Inc. 13G · institution +1.3 pts · filed 2026-10-27 | 8.0% |
| Litinsky James H. 13D · may seek influence -1.7 pts · filed 2026-01-13 | 7.3% |
Fell to 5% or below in the last year: VANGUARD GROUP INC (0.0%, 2026-03-27), BANK OF NOVA SCOTIA (3.7%, 2026-01-27), Shenghe Resources Holding Co., Ltd. (3.1%, 2025-11-25)
Insider purchases and sales in Q1 2024
Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.
Officers and directors buying vs selling
Number of people, by quarter (10% owners not included)
Numbers
| Quarter | Buying | Bought | Selling | Sold | Sold under a plan |
|---|---|---|---|---|---|
| Q2 2022 | 2 | $1.6m | 3 | $42.3m | — |
| Q3 2022 | 0 | — | 3 | $233.6m | — |
| Q4 2022 | 0 | — | 3 | $5.4m | — |
| Q1 2023 | 0 | — | 0 | — | — |
| Q2 2023 | 1 | $924.0k | 1 | $14.1m | — |
| Q3 2023 | 0 | — | 0 | — | — |
| Q4 2023 | 0 | — | 0 | — | — |
| Q1 2024 | 0 | — | 0 | — | — |
None reported in Q1 2024.
Holders, Q1 2024
| Manager | Shares | Change |
|---|---|---|
| VANGUARD GROUP INC 0.00% of their portfolio | 13.9m $198.2m | Added +225.6k |
| BlackRock Inc. 0.00% of their portfolio | 12.2m $174.9m | Reduced -243.7k |
| STATE STREET CORP 0.01% of their portfolio | 9.2m $131.1m | Added +779.8k |
| MORGAN STANLEY 0.00% of their portfolio | 8.6m $123.0m | Added +3.8m |
| QVT Financial LP 5.16% of their portfolio | 3.9m $55.4m | Unchanged |
| VAN ECK ASSOCIATES CORP 0.07% of their portfolio | 3.1m $43.9m | Reduced -53.7k |
| BAILLIE GIFFORD & CO 0.03% of their portfolio | 2.7m $39.2m | Reduced -216.5k |
| Invesco Ltd. 0.01% of their portfolio | 2.5m $35.7m | Added +1.9m |
| COOPERMAN LEON G 1.43% of their portfolio | 2.4m $34.3m | Added +7.8k |
| VICTORY CAPITAL MANAGEMENT INC 0.03% of their portfolio | 2.4m $34.3m | Added +2.4m |
| DIMENSIONAL FUND ADVISORS LP 0.01% of their portfolio | 2.3m $32.7m | Reduced -30.5k |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 2.1m $30.5m | Added +91.3k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 2.0m $28.1m | Added +1.1m |
| Bank of New York Mellon Corp 0.00% of their portfolio | 1.7m $24.4m | Added +32.8k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio | 1.7m $23.8m | Added +1.6m |
| AMERIPRISE FINANCIAL INC 0.01% of their portfolio | 1.6m $22.6m | Added +227.5k |
| UBS Group AG 0.01% of their portfolio | 1.5m $21.3m | Added +1.3m |
| RENAISSANCE TECHNOLOGIES LLC 0.03% of their portfolio | 1.4m $20.3m | Reduced -661.2k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio | 1.2m $17.6m | Added +33.0k |
| SEGALL BRYANT & HAMILL, LLC 0.29% of their portfolio | 1.1m $15.7m | Added +290.0k |
| ARS Investment Partners, LLC 1.53% of their portfolio | 1.1m $15.3m | Added +3.6k |
| FIRST TRUST ADVISORS LP 0.02% of their portfolio | 1.1m $15.3m | Reduced -387.4k |
| NORTHERN TRUST CORP 0.00% of their portfolio | 939.6k $13.4m | Added +29.3k |
| Sourcerock Group LLC 0.91% of their portfolio | 788.3k $11.3m | New |
| JANE STREET GROUP, LLC 0.01% of their portfolio | 777.7k $11.1m | Added +347.0k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.02% of their portfolio | 732.4k $10.5m | Added +174.8k |
| Clearbridge Investments, LLC 0.01% of their portfolio | 671.0k $9.6m | Added +15.9k |
| SOROS FUND MANAGEMENT LLC 0.19% of their portfolio | 585.2k $8.4m | New |
| Point72 Asset Management, L.P. 0.02% of their portfolio | 575.8k $8.2m | Added +61.5k |
| PRINCIPAL FINANCIAL GROUP INC 0.00% of their portfolio | 539.0k $7.7m | Added +12.4k |
| CITADEL ADVISORS LLC 0.01% of their portfolio | 531.2k $7.6m | Added +516.8k |
| Bernzott Capital Advisors 2.86% of their portfolio | 504.9k $7.2m | Added +97.3k |
| D. E. Shaw & Co., Inc. 0.01% of their portfolio | 497.7k $7.1m | Reduced -324.6k |
| Holocene Advisors, LP 0.03% of their portfolio | 483.9k $6.9m | Added +196.9k |
| BNP PARIBAS ASSET MANAGEMENT Holding S.A. 0.02% of their portfolio | 466.0k $6.7m | Added +124.5k |
| MACQUARIE GROUP LTD 0.01% of their portfolio | 444.3k $6.1m | Added +99.0k |
| Granite Investment Partners, LLC 0.24% of their portfolio | 434.1k $6.2m | New |
| Linden Advisors LP 0.05% of their portfolio | 418.8k $6.0m | New |
| FRONTIER CAPITAL MANAGEMENT CO LLC 0.05% of their portfolio | 398.5k $5.7m | Reduced -23.1k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 387.8k $5.5m | Reduced -154.1k |
| Private Advisor Group, LLC 0.04% of their portfolio | 364.7k $5.2m | Added +225.9k |
| DARK FOREST CAPITAL MANAGEMENT LP 0.86% of their portfolio | 355.3k $5.1m | New |
| WELLINGTON MANAGEMENT GROUP LLP 0.00% of their portfolio | 354.5k $5.1m | Reduced -119.8k |
| RHUMBLINE ADVISERS 0.00% of their portfolio | 354.3k $5.1m | Reduced -21.3k |
| JACOBS LEVY EQUITY MANAGEMENT, INC 0.02% of their portfolio | 335.0k $4.8m | Reduced -98.3k |
| PINNACLE ASSOCIATES LTD 0.07% of their portfolio | 324.8k $4.6m | Added +4.3k |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 316.6k $4.5m | Reduced -21.4k |
| FEDERATED HERMES, INC. 0.01% of their portfolio | 308.1k $4.4m | Reduced -360.1k |
| ArrowMark Colorado Holdings LLC 0.05% of their portfolio | 304.0k $4.3m | New |
| GUGGENHEIM CAPITAL LLC 0.03% of their portfolio | 299.9k $4.3m | Added +287.9k |
| Nuveen Asset Management, LLC 0.00% of their portfolio | 296.5k $4.2m | Added +6.3k |
| Swiss National Bank 0.00% of their portfolio | 280.0k $4.0m | Unchanged |
| CoreCommodity Management, LLC 1.42% of their portfolio | 278.1k $4.0m | Added +238.7k |
| Brevan Howard Capital Management LP 0.36% of their portfolio | 278.0k $4.0m | New |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC 0.01% of their portfolio | 277.6k $4.0m | New |
| Polar Capital Holdings Plc 0.02% of their portfolio | 255.0k $3.6m | Reduced -342.5k |
| NORTH POINT PORTFOLIO MANAGERS CORP/OH 0.61% of their portfolio | 254.1k $3.6m | Added +39.8k |
| Old West Investment Management, LLC 1.81% of their portfolio | 250.0k $3.6m | Unchanged |
| NORGES BANK 0.00% of their portfolio | 244.6k $3.5m | Reduced -283.6k |
| Pekin Hardy Strauss, Inc. 0.48% of their portfolio | 243.4k $3.5m | Added +65.1k |
| LGT Group Foundation 0.08% of their portfolio | 238.7k $3.4m | Added +11.5k |
| Skylands Capital, LLC 0.45% of their portfolio | 229.4k $3.3m | Reduced -51.9k |
| STIFEL FINANCIAL CORP 0.00% of their portfolio | 229.3k $3.3m | Added +23.7k |
| CREDIT SUISSE AG/ 0.00% of their portfolio | 228.4k $3.3m | Reduced -28.9k |
| BANK OF MONTREAL /CAN/ 0.00% of their portfolio | 226.4k $3.2m | Added +60.8k |
| RAYMOND JAMES & ASSOCIATES 0.00% of their portfolio | 225.5k $3.2m | Reduced -193.8k |
| SILVERCREST ASSET MANAGEMENT GROUP LLC 0.02% of their portfolio | 222.7k $3.2m | Added +8.3k |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 216.5k $3.1m | Added +10.6k |
| Jump Financial, LLC 0.08% of their portfolio | 204.3k $2.9m | New |
| Legal & General Group Plc 0.00% of their portfolio | 204.1k $2.9m | Added +50 |
| BARCLAYS PLC 0.00% of their portfolio | 192.7k $2.8m | Added +9.8k |
| Allianz Asset Management GmbH 0.00% of their portfolio | 190.5k $2.7m | Unchanged |
| AMERICAN INTERNATIONAL GROUP, INC. 0.01% of their portfolio | 190.3k $2.7m | Reduced -3.9k |
| HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND 0.01% of their portfolio | 188.8k $2.7m | Added +23.9k |
| LPL Financial LLC 0.00% of their portfolio | 184.4k $2.6m | Added +9.1k |
| Retirement Systems of Alabama 0.01% of their portfolio | 180.9k $2.6m | Added +473 |
| SWS Partners 0.77% of their portfolio | 180.5k $2.6m | Added +86.4k |
| FRANKLIN RESOURCES INC 0.00% of their portfolio | 179.2k $2.6m | Added +9.5k |
| Cutter & CO Brokerage, Inc. 0.62% of their portfolio | 177.3k $2.5m | Added +43.6k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio | 176.2k $2.5m | Added +8.1k |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 170.2k $2.4m | Reduced -30.7k |
| ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio | 170.1k $2.4m | Reduced -462 |
| Walleye Capital LLC 0.03% of their portfolio | 167.8k $2.4m | Added +87.0k |
| Sicart Associates LLC 0.86% of their portfolio | 164.9k $2.4m | Reduced -5.6k |
| PHILADELPHIA TRUST CO 0.18% of their portfolio | 160.5k $2.3m | Reduced -350 |
| SHELL ASSET MANAGEMENT CO 0.09% of their portfolio | 155.2k $2.0m | Reduced -18.5k |
| MILLENNIUM MANAGEMENT LLC 0.00% of their portfolio | 152.5k $2.2m | Added +66.5k |
| HighTower Advisors, LLC 0.00% of their portfolio | 149.4k $2.1m | Added +1.1k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio | 138.5k $2.0m | Reduced -5.4k |
| STATE OF WISCONSIN INVESTMENT BOARD 0.01% of their portfolio | 138.4k $2.0m | Reduced -17.4k |
| Cladis Investment Advisory, LLC 0.77% of their portfolio | 137.5k $2.0m | Added +53.0k |
| Raymond James Financial Services Advisors, Inc. 0.00% of their portfolio | 137.3k $2.0m | Added +9.0k |
| CITIGROUP INC 0.00% of their portfolio | 133.1k $1.9m | Added +109.3k |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.00% of their portfolio | 126.3k $1.8m | Added +4.0k |
| TEXAS PERMANENT SCHOOL FUND CORP 0.01% of their portfolio | 125.8k $1.8m | Reduced -3.2k |
| Regal Partners Ltd 0.18% of their portfolio | 123.6k $1.8m | New |
| Vontobel Holding Ltd. 0.01% of their portfolio | 122.3k $1.7m | Reduced -87.3k |
| SAPIENT CAPITAL LLC 0.04% of their portfolio | 121.9k $1.7m | Unchanged |
| BROWN ADVISORY INC 0.00% of their portfolio | 121.7k $1.7m | Added +3.9k |
| Teza Capital Management LLC 0.23% of their portfolio | 121.2k $1.7m | New |