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Freeport-McMoran

902 hedge funds and large institutions have $24.3B invested in Freeport-McMoran in 2013 Q3 according to their latest regulatory filings, with 121 funds opening new positions, 344 increasing their positions, 328 reducing their positions, and 63 closing their positions.

New
Increased
Maintained
Reduced
Closed

92% more first-time investments, than exits

New positions opened: 121 | Existing positions closed: 63

39% more funds holding in top 10

Funds holding in top 10: 3143 (+12)

22% more capital invested

Capital invested by funds: $20B → $24.3B (+$4.37B)

6% more funds holding

Funds holding: 853902 (+49)

1.23% more ownership

Funds ownership: 69.77%71.01% (+1.2%)

5% more repeat investments, than reductions

Existing positions increased: 344 | Existing positions reduced: 328

3% more call options, than puts

Call options by funds: $1.16B | Put options by funds: $1.13B

Holders
902
Holders Change
+49
Holders Change %
+5.74%
% of All Funds
29.25%
Holding in Top 10
43
Holding in Top 10 Change
+12
Holding in Top 10 Change %
+38.71%
% of All Funds
1.39%
New
121
Increased
344
Reduced
328
Closed
63
Calls
$1.16B
Puts
$1.13B
Net Calls
+$39M
Net Calls Change
+$177M
Name Holding Trade Value Shares
Change
Change in
Stake
BFO
376
Boston Family Office
Massachusetts
$3.21M -$92.1K -3,015 -3%
MAM
377
Mizuho Asset Management
Japan
$3.2M +$1.94M +63,340 +189%
ANBT
378
American National Bank & Trust
Texas
$3.16M -$70.1K -2,293 -2%
PCM
379
Palouse Capital Management
Washington
$3.15M -$2.12M -69,395 -42%
FBP
380
Flippin Bruce & Porter
Virginia
$3.15M -$8.28K -271 -0.3%
SGCA
381
Steel Grove Capital Advisors
Tennessee
$3.12M +$256K +8,363 +10%
KIA
382
KCM Investment Advisors
California
$3.1M +$37.2K +1,217 +1%
SAM
383
Securian Asset Management
Minnesota
$3.1M +$14.7K +480 +0.5%
SKK
384
Shepherd Kaplan Krochuk
Massachusetts
$3.07M
DC
385
Davenport & Co
Virginia
$3.05M +$2.24M +73,197 +384%
FCAM
386
F&C Asset Management
United Kingdom
$3.03M -$303K -9,919 -10%
JMPWA
387
JP Morgan Private Wealth Advisors
California
$3.03M +$419K +13,703 +18%
ST
388
Semper Trust
Pennsylvania
$3.01M +$367K +12,000 +15%
EI
389
Excelsia Inc
Georgia
$3M -$60.8K -1,990 -2%
CBB
390
Citizens Business Bank
California
$3M +$883K +28,881 +47%
NG
391
NatWest Group
United Kingdom
$2.99M -$6.35M -207,751 -70%
SLI
392
Sumitomo Life Insurance
Japan
$2.91M +$421K +13,778 +19%
WHG
393
Westwood Holdings Group
Texas
$2.86M +$217K +7,109 +9%
KRS
394
Kentucky Retirement Systems
Kentucky
$2.85M +$2.63M +86,209 New
LTFS
395
Ladenburg Thalmann Financial Services
Florida
$2.84M +$402K +13,157 +18%
WC
396
Whitney & Co
New York
$2.82M +$248K +8,100 +10%
AQR Capital Management
397
AQR Capital Management
Connecticut
$2.75M -$9.82M -321,211 -79%
PPCM
398
Pillar Pacific Capital Management
California
$2.72M -$66.6K -2,180 -3%
CRC
399
Curi RMB Capital
Illinois
$2.72M +$166K +5,433 +7%
RIL
400
Rothschild Investment LLC
Illinois
$2.72M +$87.7K +2,870 +4%

FCX Hedge Fund Activity: Q3 2013 in Review

902 of the 3,084 institutional investors tracked by Wall St. Rank reported a position in Freeport-McMoran (FCX) for Q3 2013, worth a combined $24.3B — up 22% from $20B a quarter earlier.

Buyers outnumbered sellers: 121 funds opened new FCX positions and 63 closed out — a net gain of 58 holders — while 344 added to existing stakes and 328 trimmed.

The largest buyer was JP Morgan Chase, adding an estimated $390M. The largest seller was Allianz Asset Management, cutting an estimated $176M.

  • 902 institutional investors held Freeport-McMoran (FCX) as of Q3 2013, up from 853 in Q2 2013.
  • Funds reported $24.3B of Freeport-McMoran stock for Q3 2013, up 22% quarter-over-quarter.
  • 121 funds opened new Freeport-McMoran positions in Q3 2013 and 63 closed out, a net change of +58 holders.
  • The largest Freeport-McMoran buyer in Q3 2013 was JP Morgan Chase, an estimated $390M added.
  • The largest Freeport-McMoran seller in Q3 2013 was Allianz Asset Management, an estimated $176M sold.

Based on aggregated 13F filings for Q3 2013.