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

Somerset 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
2023 Q4	$920K	Sell	21,500 -1,718,519	-99%	-$63.5M	11.33%	4
2023 Q3	$64.7M	Sell	1,740,019 -41,700	-2%	-$1.68M	11.06%	5
2023 Q2	$71M	Sell	1,781,719 -68,000	-4%	-$2.59M	11.26%	5
2023 Q1	$75.5M	Buy	1,849,719 +152,800	+9%	+$6.36M	10.49%	5
2022 Q4	$64.2M	Buy	1,696,919 +56,862	+3%	+$1.99M	10.69%	4
2022 Q3	$44.3M	Buy	1,640,057 +407,957	+33%	+$11.9M	8.24%	4
2022 Q2	$36.1M	Buy	1,232,100 +684,600	+125%	+$27.4M	7.44%	5
2022 Q1	$27.2M	Buy	+547,500	New	+$24.3M	5.02%	5

Other funds holding FCX

Vanguard Group Malvern, Pennsylvania $6.9T AUM 27.45% 1-Year Est. Return

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

Fidelity Investments Boston, Massachusetts $1.9T AUM 41.92% 1-Year Est. Return

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

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

Fisher Asset Management Camas, Washington $295B AUM 31.6% 1-Year Est. Return

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

T. Rowe Price Associates Baltimore, Maryland $865B AUM 30.76% 1-Year Est. Return

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

JP Morgan Chase New York $1.56T AUM 27.86% 1-Year Est. Return

Somerset Capital Management's FCX Position: Q4 2023 in Review

Somerset Capital Management reduced its Freeport-McMoran (FCX) stake by 99% in Q4 2023, selling an estimated $63.5M and leaving 21,500 shares worth $920K. The position accounts for 11.33% of the portfolio, ranked #4.

Somerset Capital Management first reported a position in FCX in Q1 2022 and has held it in 8 quarters since. The position peaked at $75.5M in Q1 2023. 1,421 funds tracked by Wall St. Rank hold FCX as of Q4 2023.

Somerset Capital Management held 21,500 shares of Freeport-McMoran worth $920K as of Q4 2023.
Somerset Capital Management sold 1,718,519 Freeport-McMoran shares in Q4 2023, an estimated $63.5M.
Freeport-McMoran made up 11.33% of Somerset Capital Management's portfolio in Q4 2023, its #4 holding.
Somerset Capital Management first reported a position in Freeport-McMoran in Q1 2022 and has held it in 8 quarters since.
Somerset Capital Management's Freeport-McMoran position peaked at $75.5M in Q1 2023.
1,421 funds tracked by Wall St. Rank held Freeport-McMoran as of Q4 2023.

Based on Somerset Capital Management's 13F filing for Q4 2023, filed 4 Jan 2024.