Vault-13

METALS ACQUISITION CORP II MTAL.WS

*W EXP 06/30/203 · Equity WRT · CUSIP G60420117

31 institutional holders
4,654,8034.7m shares reported held*
$5.2mreported value*

* 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. Holder counts are more reliable. Implied quarter-end price ≈ $1.11. Options: 1 managers hold calls ($293.3k notional), 0 hold puts (—).

Trends to Q2 2026

Calls vs puts

Options held, notional value, last 4 quarters. P/C = puts ÷ calls

CallsPuts
$0$100k$200k$300kQ3 25 calls: $0Q3 25 puts: $0Q3 25P/C —Q4 25 calls: $0Q4 25 puts: $0Q4 25P/C —Q1 26 calls: $0Q1 26 puts: $0Q1 26P/C —Q2 26 calls: $293.3kQ2 26 puts: $0Q2 26P/C 0.00
Numbers
QuarterCallsPutsP/C
Q3 2025$0$0—
Q4 2025$0$0—
Q1 2026$0$0—
Q2 2026$293.3k$00.00

Biggest buyers

Empyrean Capital Partners, LP New +660,000+660.0k
CSS LLC/IL New +372,738+372.7k
HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND New +358,333+358.3k
MOORE CAPITAL MANAGEMENT, LP New +333,333+333.3k
Magnetar Financial LLC New +333,331+333.3k
Linden Advisors LP New +317,563+317.6k
SailingStone Capital Partners LLC New +313,092+313.1k
ADAGE CAPITAL PARTNERS GP, L.L.C. New +249,183+249.2k
Alberta Investment Management Corp New +200,000+200.0k
Saba Capital Management, L.P. New +188,904+188.9k

Biggest sellers

None

Biggest calls

MILLENNIUM MANAGEMENT LLC New $293.3k266.7k shares

Biggest puts

None

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.

HolderStakeChangeShares Last filed
Mudita Advisors LLP 13G · institution new · filed 2026-05-05 10.9% new 833.3k≈ $916.7k 2026-05-05

Holders, Q2 2026

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Empyrean Capital Partners, LP 0.03% of their portfolio LOS ANGELES, CA 660,000660.0k $726.0k $726.0k 0.03% New
2 CSS LLC/IL 0.02% of their portfolio CHICAGO, IL 372,738372.7k $410.0k $410.0k 0.02% New
3 HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND 0.00% of their portfolio TORONTO, A6 358,333358.3k $394.2k $394.2k 0.00% New
4 MOORE CAPITAL MANAGEMENT, LP 0.01% of their portfolio NEW YORK, NY 333,333333.3k $366.7k $366.7k 0.01% New
5 Magnetar Financial LLC 0.00% of their portfolio EVANSTON, IL 333,331333.3k $366.7k $366.7k 0.00% New
6 Linden Advisors LP 0.00% of their portfolio New York, NY 317,563317.6k $377.9k $377.9k 0.00% New
7 SailingStone Capital Partners LLC 0.06% of their portfolio Houston, TX 313,092313.1k $344.4k $344.4k 0.06% New
8 ADAGE CAPITAL PARTNERS GP, L.L.C. 0.00% of their portfolio Boston, MA 249,183249.2k $274.1k $274.1k 0.00% New
9 Alberta Investment Management Corp 0.00% of their portfolio EDMONTON, A0 200,000200.0k $220.0k $220.0k 0.00% New
10 Saba Capital Management, L.P. 0.01% of their portfolio NEW YORK, NY 188,904188.9k $212.5k $212.5k 0.01% New
11 BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio PARIS, I0 176,478176.5k $194.1k $194.1k 0.00% New
12 AQR Arbitrage LLC 0.00% of their portfolio Greenwich, CT 160,248160.2k $176.3k $176.3k 0.00% New
13 Decagon Asset Management LLP 0.03% of their portfolio LONDON, X0 124,857124.9k $137.3k $137.3k 0.03% New
14 Clear Street Group Inc. 0.00% of their portfolio NEW YORK, NY 78,30078.3k $86.1k $86.1k 0.00% New
15 K2 PRINCIPAL FUND, L.P. 0.01% of their portfolio TORONTO, A6 73,39973.4k $80.7k $80.7k 0.01% New
16 TORONTO DOMINION BANK 0.00% of their portfolio TORONTO, ONTARIO, A6 70,00070.0k $77.0k $77.0k 0.00% New
17 Polar Asset Management Partners Inc. 0.00% of their portfolio TORONTO, A6 68,96669.0k $75.9k $75.9k 0.00% New
18 Wealthspring Capital LLC 0.02% of their portfolio WEST HARRISON, NY 68,61768.6k $75.5k $75.5k 0.02% New
19 LMR Partners LLP 0.00% of their portfolio LONDON, X0 68,19768.2k $75.0k $75.0k 0.00% New
20 L1 Global Manager Pty Ltd 0.06% of their portfolio Melbourne, C3 66,66666.7k $73.3k $73.3k 0.06% New
21 Radcliffe Capital Management, L.P. 0.01% of their portfolio BALA CYNWYD, PA 66,66566.7k $75.0k $75.0k 0.01% New
22 Sculptor Capital LP 0.00% of their portfolio New York, NY 65,16665.2k $71.7k $71.7k 0.00% New
23 DLD Asset Management, LP 0.00% of their portfolio NEW YORK, NY 50,00050.0k $55.0k $55.0k 0.00% New
24 Shaolin Capital Management LLC 0.00% of their portfolio Miami, FL 39,70739.7k $43.7k $43.7k 0.00% New
25 Periscope Capital Inc. 0.01% of their portfolio Toronto, A6 33,90033.9k $37.3k $37.3k 0.01% New
26 WHITEBOX ADVISORS LLC 0.00% of their portfolio MINNEAPOLIS, MN 33,33333.3k $36.7k $36.7k 0.00% New
27 PICTON MAHONEY ASSET MANAGEMENT 0.00% of their portfolio Toronto, A6 24,99825.0k $27.5k $27.5k 0.00% New
28 Centiva Capital, LP 0.00% of their portfolio New York, NY 22,01022.0k $24.2k $24.2k 0.00% New
29 PEAK6 LLC 0.00% of their portfolio AUSTIN, TX 19,32919.3k $21.3k $21.3k 0.00% New
30 Lineage Point Capital LP 0.00% of their portfolio PALM BEACH, FL 17,48917.5k $19.2k $19.2k 0.00% New
31 UBS Group AG 0.00% of their portfolio ZURICH, V8 11 $1 $1 0.00% New