Slate Path Capital’s Freeport-McMoran FCX Stock Holding History

Slate Path Capital’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	$204M	Sell	3,468,900 -1,686,100	-33%	-$102M	3.03%	15
2025 Q4	$262M	Buy	+5,155,000	New	+$223M	3.53%	9
2024 Q2	–	Sell	-1,287,000	Closed	-$60.5M	–	67
2024 Q1	$60.5M	Buy	+1,287,000	New	+$52M	1.2%	32
2021 Q2	–	Sell	-3,225,000	Closed	-$106M	–	40
2021 Q1	$106M	Sell	3,225,000 -2,565,000	-44%	-$83.2M	6.89%	5
2020 Q4	$151M	Sell	5,790,000 -1,740,000	-23%	-$36.2M	8.15%	6
2020 Q3	$118M	Hold	7,530,000	–	–	6.7%	8
2020 Q2	$87.1M	Hold	7,530,000	–	–	5.14%	10
2020 Q1	$50.8M	Buy	7,530,000 +550,000	+8%	+$5.75M	3.9%	12
2019 Q4	$91.6M	Buy	6,980,000 +6,795,000	+3,673%	+$74.6M	4.93%	10
2019 Q3	$1.77M	Buy	+185,000	New	+$1.9M	0.12%	23

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

Slate Path Capital's FCX Position: Q1 2026 in Review

Slate Path Capital reduced its Freeport-McMoran (FCX) stake by 33% in Q1 2026, selling an estimated $102M and leaving 3,468,900 shares worth $204M. The position accounts for 3.03% of the portfolio, ranked #15.

Slate Path Capital first reported a position in FCX in Q3 2019 and has held it in 10 quarters since. The position peaked at $262M in Q4 2025. 1,849 funds tracked by Wall St. Rank hold FCX as of Q1 2026.

Slate Path Capital held 3,468,900 shares of Freeport-McMoran worth $204M as of Q1 2026.
Slate Path Capital sold 1,686,100 Freeport-McMoran shares in Q1 2026, an estimated $102M.
Freeport-McMoran made up 3.03% of Slate Path Capital's portfolio in Q1 2026, its #15 holding.
Slate Path Capital first reported a position in Freeport-McMoran in Q3 2019 and has held it in 10 quarters since.
Slate Path Capital's Freeport-McMoran position peaked at $262M in Q4 2025.
1,849 funds tracked by Wall St. Rank held Freeport-McMoran as of Q1 2026.

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