Merewether Investment Management’s Freeport-McMoran FCX Stock Holding History

Merewether Investment 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 Q2	$23.5M	Sell	374,286 -624,478	-63%	-$40.1M	0.44%	62
2026 Q1	$58.7M	Sell	998,764 -910,636	-48%	-$55M	1.14%	31
2025 Q4	$97M	Buy	+1,909,400	New	+$82.7M	2.23%	17
2025 Q3	–	Sell	-918,156	Closed	-$39.8M	–	76
2025 Q2	$39.8M	Sell	918,156 -118,344	-11%	-$4.49M	1.15%	30
2025 Q1	$39.2M	Buy	+1,036,500	New	+$39.7M	1.43%	32
2024 Q1	–	Sell	-585,091	Closed	-$24.9M	–	49
2023 Q4	$24.9M	Buy	+585,091	New	+$21.6M	1.47%	22
2021 Q2	–	Sell	-177,110	Closed	-$5.83M	–	39
2021 Q1	$5.83M	Buy	177,110 +30,703	+21%	+$996K	0.94%	26
2020 Q4	$3.81M	Buy	+146,407	New	+$3.04M	0.98%	23

Other funds holding FCX

BlackRock New York $6.73T AUM 46.02% 1-Year Est. Return

Vanguard Capital Management Malvern, Pennsylvania $4.68T AUM

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

State Street Boston, Massachusetts $3.37T AUM 44.26% 1-Year Est. Return

Capital Research Global Investors Los Angeles, California $717B AUM 35.42% 1-Year Est. Return

Franklin Resources San Mateo, California $462B AUM 39.16% 1-Year Est. Return

Bank of America Charlotte, North Carolina $1.55T AUM 33.47% 1-Year Est. Return

Geode Capital Management Boston, Massachusetts $1.88T AUM 44.46% 1-Year Est. Return

JP Morgan Chase New York $1.81T AUM 41.13% 1-Year Est. Return

Morgan Stanley New York $1.89T AUM 35.08% 1-Year Est. Return

Merewether Investment Management's FCX Position: Q2 2026 in Review

Merewether Investment Management reduced its Freeport-McMoran (FCX) stake by 63% in Q2 2026, selling an estimated $40.1M and leaving 374,286 shares worth $23.5M. The position accounts for 0.44% of the portfolio, ranked #62.

Merewether Investment Management first reported a position in FCX in Q4 2020 and has held it in 8 quarters since. The position peaked at $97M in Q4 2025. 1,889 funds tracked by Wall St. Rank hold FCX as of Q2 2026.

Merewether Investment Management held 374,286 shares of Freeport-McMoran worth $23.5M as of Q2 2026.
Merewether Investment Management sold 624,478 Freeport-McMoran shares in Q2 2026, an estimated $40.1M.
Freeport-McMoran made up 0.44% of Merewether Investment Management's portfolio in Q2 2026, its #62 holding.
Merewether Investment Management first reported a position in Freeport-McMoran in Q4 2020 and has held it in 8 quarters since.
Merewether Investment Management's Freeport-McMoran position peaked at $97M in Q4 2025.
1,889 funds tracked by Wall St. Rank held Freeport-McMoran as of Q2 2026.

Based on Merewether Investment Management's 13F filing for Q2 2026, filed 14 Aug 2026.