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

Masters 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
2025 Q2	–	Sell	-100,000	Closed	-$3.8M	–	77
2025 Q1	$3.79M	Buy	+100,000	New	+$3.83M	0.19%	64
2022 Q2	–	Sell	-500,000	Closed	-$20M	–	59
2022 Q1	$24.9M	Sell	500,000 -500,000	-50%	-$22.1M	1%	30
2021 Q4	$41.7M	Hold	1,000,000	–	–	1.7%	21
2021 Q3	$32.5M	Hold	1,000,000	–	–	1.34%	24
2021 Q2	$37.1M	Hold	1,000,000	–	–	1.1%	23
2021 Q1	$32.9M	Hold	1,000,000	–	–	1.1%	20
2020 Q4	$26M	Sell	1,000,000 -500,000	-33%	-$10.4M	1.52%	21
2020 Q3	$23.5M	Sell	1,500,000 -400,000	-21%	-$5.77M	1.56%	21
2020 Q2	$22M	Sell	1,900,000 -446,700	-19%	-$4.09M	2.48%	14
2020 Q1	$15.8M	Buy	2,346,700 +432,770	+23%	+$4.53M	1.84%	14
2019 Q4	$25.1M	Sell	1,913,930 -86,236	-4%	-$947K	1.43%	17
2019 Q3	$19.1M	Buy	2,000,166 +166	+0%	+$1.7K	1.14%	29
2019 Q2	$23.2M	Hold	2,000,000	–	–	1.13%	27
2019 Q1	$25.8M	Hold	2,000,000	–	–	1.38%	25
2018 Q4	$20.6M	Buy	2,000,000 +1,000,000	+100%	+$11.7M	1.12%	33
2018 Q3	$13.9M	Sell	1,000,000 -894,990	-47%	-$13.5M	0.34%	60
2018 Q2	$32.7M	Sell	1,894,990 -105,010	-5%	-$1.78M	0.92%	32
2018 Q1	$35.1M	Hold	2,000,000	–	–	0.76%	29
2017 Q4	$37.9M	Hold	2,000,000	–	–	0.91%	34
2017 Q3	$28.1M	Hold	2,000,000	–	–	0.65%	41
2017 Q2	$24M	Buy	+2,000,000	New	+$24.3M	0.59%	45
2016 Q4	–	Sell	-1,000,000	Closed	-$10.9M	–	70
2016 Q3	$10.9M	Buy	+1,000,000	New	+$11.5M	0.22%	49

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 $295B AUM 31.6% 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

Masters Capital Management's FCX Position: Q2 2025 in Review

Masters Capital Management sold out of Freeport-McMoran (FCX) in Q2 2025, closing a stake of 100,000 shares — an estimated $3.8M sold.

Masters Capital Management first reported a position in FCX in Q3 2016 and held it in 22 quarters. The position peaked at $41.7M in Q4 2021. 1,520 funds tracked by Wall St. Rank hold FCX as of Q2 2025.

Masters Capital Management reported no remaining Freeport-McMoran position as of Q2 2025 after selling out during the quarter.
Masters Capital Management sold 100,000 Freeport-McMoran shares in Q2 2025, an estimated $3.8M.
Masters Capital Management first reported a position in Freeport-McMoran in Q3 2016 and held it in 22 quarters.
Masters Capital Management's Freeport-McMoran position peaked at $41.7M in Q4 2021.
1,520 funds tracked by Wall St. Rank held Freeport-McMoran as of Q2 2025.

Based on Masters Capital Management's 13F filing for Q2 2025, filed 14 Aug 2025.