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
2026 Q1	$47M	Buy	800,000 +420,100	+111%	+$25.4M	6.95%	20
2025 Q4	$19.3M	Sell	379,900 -620,100	-62%	-$26.9M	2.67%	39
2025 Q3	$39.2M	Sell	1,000,000 -1,000,000	-50%	-$43.4M	6.3%	20
2025 Q2	$86.7M	Hold	2,000,000	–	–	16.7%	5
2025 Q1	$75.7M	Hold	2,000,000	–	–	16.04%	6
2024 Q4	$76.2M	Buy	2,000,000 +1,500,000	+300%	+$67.1M	12.99%	8
2024 Q3	$25M	Sell	500,000 -500,000	-50%	-$22.5M	4.8%	22
2024 Q2	$48.6M	Hold	1,000,000	–	–	8.7%	5
2024 Q1	$47M	Buy	+1,000,000	New	+$40.4M	8.87%	16
2023 Q3	–	Sell	-2,000,000	Closed	-$80M	–	72
2023 Q2	$80M	Buy	2,000,000 +1,000,000	+100%	+$38.1M	16.22%	10
2023 Q1	$40.9M	Hold	1,000,000	–	–	9.78%	16
2022 Q4	$38M	Hold	1,000,000	–	–	9.38%	11
2022 Q3	$27.3M	Sell	1,000,000 -1,000,000	-50%	-$29.3M	8.1%	13
2022 Q2	$58.5M	Buy	2,000,000 +1,000,000	+100%	+$40M	12.21%	9
2022 Q1	$49.7M	Hold	1,000,000	–	–	8.42%	14
2021 Q4	$41.7M	Hold	1,000,000	–	–	7.45%	20
2021 Q3	$32.5M	Sell	1,000,000 -1,000,000	-50%	-$35.2M	5.37%	23
2021 Q2	$74.2M	Buy	2,000,000 +1,000,000	+100%	+$39M	11.97%	10
2021 Q1	$32.9M	Hold	1,000,000	–	–	6.03%	19
2020 Q4	$26M	Sell	1,000,000 -500,000	-33%	-$10.4M	7.68%	20
2020 Q3	$23.5M	Sell	1,500,000 -457,000	-23%	-$6.59M	8.98%	20
2020 Q2	$22.6M	Buy	1,957,000 +957,000	+96%	+$8.77M	9.13%	12
2020 Q1	$6.75M	Buy	1,000,000 +47,000	+5%	+$492K	3.73%	35
2019 Q4	$12.5M	Buy	+953,000	New	+$10.5M	4.2%	32
2019 Q2	–	Sell	-2,000,000	Closed	-$25.8M	–	75
2019 Q1	$25.8M	Hold	2,000,000	–	–	4.7%	24
2018 Q4	$20.6M	Buy	2,000,000 +1,000,000	+100%	+$11.7M	4.49%	32
2018 Q3	$13.9M	Sell	1,000,000 -940,000	-48%	-$14.2M	1.89%	59
2018 Q2	$33.5M	Sell	1,940,000 -137,000	-7%	-$2.32M	5.47%	31
2018 Q1	$36.5M	Buy	2,077,000 +77,000	+4%	+$1.45M	7.47%	28
2017 Q4	$37.9M	Hold	2,000,000	–	–	6.98%	33
2017 Q3	$28.1M	Sell	2,000,000 -2,000,000	-50%	-$28.1M	5.03%	40
2017 Q2	$48M	Sell	4,000,000 -1,000,000	-20%	-$12.1M	9.23%	30
2017 Q1	$66.8M	Buy	+5,000,000	New	+$71.8M	10.31%	16