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CSM Advisors LLC Purchases Stake in Metallus Inc.
Hedge fund acquires 267,100 shares of the industrial metals recycling company.
Mar. 16, 2026 at 9:09am
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CSM Advisors LLC acquired a new stake of 267,100 shares in Metallus Inc. (NYSE:MTUS) during the third quarter, according to a recent 13F filing with the Securities and Exchange Commission. The stake is valued at approximately $4.415 million, making CSM Advisors LLC a 0.64% owner of Metallus.
Why it matters
This purchase by CSM Advisors LLC represents a significant investment in Metallus, a Philadelphia-based industrial metals recycling and distribution company. The move suggests the hedge fund sees value and growth potential in Metallus' business model of acquiring, processing and marketing ferrous and non-ferrous materials.
The details
According to the 13F filing, CSM Advisors LLC bought 267,100 shares of Metallus Inc. in the third quarter. This stake represents approximately 0.64% ownership in the company. Other notable institutional investors in Metallus include Donald Smith & CO. Inc., which owns around $8.575 million in shares, and Ameriprise Financial Inc., which has a $10.099 million position.
- CSM Advisors LLC acquired the Metallus shares in the third quarter of 2026.
The players
CSM Advisors LLC
A hedge fund that acquired a new stake in Metallus Inc. during the third quarter of 2026.
Metallus Inc.
An industrial metals recycling and distribution company headquartered in Philadelphia, Pennsylvania.
Donald Smith & CO. Inc.
An institutional investor that owns around $8.575 million in Metallus shares.
Ameriprise Financial Inc.
An institutional investor with a $10.099 million position in Metallus.
The takeaway
This investment by CSM Advisors LLC underscores the potential that institutional investors see in Metallus' industrial metals recycling business. As the company continues to grow its operations and market share, it will be worth watching how other major investors respond.
