Bornite Capital Management’s Freeport-McMoran FCX Stock Holding History

Bornite Capital Management’s Portfolio FCX Stock Details FCX Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2026 Q1	$23.5M	Sell	400,000 -100,000	-20%	-$6.04M	3.95%	12
2025 Q4	$25.4M	Buy	+500,000	New	+$21.7M	2.48%	17
2025 Q3	–	Sell	-824,500	Closed	-$35.7M	–	44
2025 Q2	$35.7M	Buy	+824,500	New	+$31.3M	3.58%	12
2024 Q1	–	Sell	-511,016	Closed	-$21.8M	–	39
2023 Q4	$21.8M	Buy	+511,016	New	+$18.9M	5.09%	9
2023 Q3	–	Sell	-300,000	Closed	-$12M	–	52
2023 Q2	$12M	Sell	300,000 -150,000	-33%	-$5.72M	2.32%	22
2023 Q1	$18.4M	Buy	+450,000	New	+$18.7M	6.24%	4
2022 Q4	–	Sell	-300,000	Closed	-$8.2M	–	42
2022 Q3	$8.2M	Buy	+300,000	New	+$8.78M	2.32%	18
2021 Q3	–	Sell	-150,000	Closed	-$5.57M	–	21
2021 Q2	$5.57M	Buy	+150,000	New	+$5.84M	2.49%	21

Other funds holding FCX

BlackRock New York $5.72T AUM 30.48% 1-Year Est. Return

VCM

Vanguard Capital Management Malvern, Pennsylvania $4.04T AUM

Fisher Asset Management Camas, Washington $336B AUM 34.66% 1-Year Est. Return

State Street Boston, Massachusetts $2.9T AUM 29.55% 1-Year Est. Return

Bank of America Charlotte, North Carolina $1.37T AUM 24.88% 1-Year Est. Return

Capital Research Global Investors Los Angeles, California $645B AUM 30.41% 1-Year Est. Return

Franklin Resources San Mateo, California $408B AUM 30.18% 1-Year Est. Return

Geode Capital Management Boston, Massachusetts $1.61T AUM 30.72% 1-Year Est. Return

Morgan Stanley New York $1.66T AUM 25.57% 1-Year Est. Return

VPM

Vanguard Portfolio Management Malvern, Pennsylvania $1.91T AUM

Bornite Capital Management's FCX Position: Q1 2026 in Review

Bornite Capital Management reduced its Freeport-McMoran (FCX) stake by 20% in Q1 2026, selling an estimated $6.04M and leaving 400,000 shares worth $23.5M. The position accounts for 3.95% of the portfolio, ranked #12.

Bornite Capital Management first reported a position in FCX in Q2 2021 and has held it in 8 quarters since. The position peaked at $35.7M in Q2 2025. 1,849 funds tracked by Wall St. Rank hold FCX as of Q1 2026.

Bornite Capital Management held 400,000 shares of Freeport-McMoran worth $23.5M as of Q1 2026.
Bornite Capital Management sold 100,000 Freeport-McMoran shares in Q1 2026, an estimated $6.04M.
Freeport-McMoran made up 3.95% of Bornite Capital Management's portfolio in Q1 2026, its #12 holding.
Bornite Capital Management first reported a position in Freeport-McMoran in Q2 2021 and has held it in 8 quarters since.
Bornite Capital Management's Freeport-McMoran position peaked at $35.7M in Q2 2025.
1,849 funds tracked by Wall St. Rank held Freeport-McMoran as of Q1 2026.

Based on Bornite Capital Management's 13F filing for Q1 2026, filed 15 May 2026.