13FPulse
MP

MP MP MATERIALS CORP

2026Q2 · CUSIP 553368101 · Sector: Materials

Piling in

Net holder growth ranks near the top of the market

Funds that own it
740
Institutions that reported holding it to the SEC
Net increase in holders
+26
Last quarter 714 → now 740
How unusual is that
Top 20%
Stronger buying than 87% of US stocks
What the filings say, in one paragraph

740 funds held MP at the end of 2026Q2, up 26 from the quarter before. That is stronger buying than 87.4% of US stocks — among the most piled-into names this quarter. On the business itself, return on equity is -3.1%. MP has had 11 buying rushes in its history, and the price moved +23.3% on average over the six months after (that is the raw price move, not how much it beat the market by). It sits in the Materials sector.

How many funds owned it, quarter by quarter

Bars = net change in institutional holders, positive (green) or negative (red). Line = total institutional holders.

2021Q1: holders=218 2021Q2: holders=264 2021Q3: holders=275 2021Q4: holders=342 2022Q1: holders=387 2022Q2: holders=372 2022Q3: holders=395 2022Q4: holders=409 2023Q1: holders=410 2023Q2: holders=385 2023Q3: holders=377 2023Q4: holders=391 2024Q1: holders=376 2024Q2: holders=389 2024Q3: holders=367 2024Q4: holders=390 2025Q1: holders=408 2025Q2: holders=489 2025Q3: holders=678 2025Q4: holders=725 2026Q1: holders=714 2026Q2: holders=740 -189 -94.5 +0 +94.5 +189 196487777 21Q121Q322Q122Q323Q123Q324Q124Q325Q125Q326Q126Q2 Net change in holders (bars) Total funds holding (line)

What happened after each past buying rush 11 times in its history

Quarter of the rush How unusual then Price, next 3 months Price, next 6 months
2026Q2 Top 20%
2025Q4 Top 20% -15.5% -3.5%
2025Q3 Top 1% in the market +2.9% +2.8%
2025Q2 Top 5% -1.7% -18.8%
2025Q1 Top 20% +46.1% +226.1%
2022Q3 Top 5% -25.2% -2.0%
2022Q1 Top 5% -16.0% -1.9%
2021Q4 Top 10% +28.5% -16.0%

These are the raw price moves, not how much it beat the market by. Compare them against the market over the same months — in a strong bull market almost everything is up.

Show all the numbers (large funds, value held, options…) ▾
Of them, large funds
228
Change in large funds
+20
Total value they hold
$8.2B
Funds buying for the first time
133
Funds that sold out entirely
107
Price change that quarter
-1.0%
Funds holding puts (bearish)
29
Funds holding calls (bullish)
31

These are for people who want to dig. Skip them if they do not mean anything to you — the three numbers above are enough.

8,697 institutions have filed for this quarter. 13F permits late filing and a small number arrive in the weeks after the deadline, so the holder counts and changes below may tick up.

Fundamentals

PE (TTM)
EPS (TTM)
$-0.32
EPS YoY
Revenue (TTM)
Revenue YoY
Net margin
ROE
-3.1%
Debt ratio
36.4%
FCF (TTM)
-$505M
Dividend (TTM)
No dividend
Quarterly Revenue & EPS
2021-09-30: EPS 0.23 2021-12-31: EPS 0.26 2022-03-31: EPS 0.45 2022-06-30: EPS 0.38 2022-09-30: EPS 0.33 2022-12-31: EPS 0.36 2023-03-31: EPS 0.20 2023-06-30: EPS 0.04 2023-09-30: EPS -0.02 2023-12-31: EPS -0.08 2024-03-31: EPS -0.08 2024-06-30: EPS -0.21 2024-09-30: EPS -0.16 2024-12-31: EPS -0.12 2025-03-31: EPS -0.14 2025-06-30: EPS -0.19 2025-09-30: EPS -0.24 2025-12-31: EPS 0.07 2026-03-31: EPS -0.04 2026-06-30: EPS -0.11 -0.26 0.12 0.50 20212022202320242025202606/26 EPS

Quarterly figures, revenue up to 10 years back; EPS split-adjusted, early quarters hidden when not calibrable

P/E (TTM) over time
16 70 124 20222023202420252026

P/E = close around day 47 after quarter-end ÷ TTM EPS then; this is a consistent valuation date, not the company’s actual filing date; loss quarters hidden

Quarterly free cash flow
-109M-22M66M 2020202120222023202420252026
Latest quarter $-79M (2026-03-31)

FCF = operating cash flow − capex, computed from SEC XBRL; banks/insurers have no standard cash-flow structure and are hidden

As of 2026-06-30 · SEC filings (XBRL)

Email me the next update

2026 Q3 holdings are due 2026-11-16. We will email you when the refreshed lists are live.