Freeport-McMoran
FCX
643 hedge funds and large institutions have $10.1B invested in Freeport-McMoran in 2016 Q2 according to their latest regulatory filings, with 74 funds opening new positions, 202 increasing their positions, 255 reducing their positions, and 82 closing their positions.
14% more capital invested
Capital invested by funds: $8.89B → $10.1B (+$1.21B)
3.53% more ownership
Funds ownership: 68.52% → 72.04% (+3.5%)
10% less first-time investments, than exits
New positions opened: 74 | Existing positions closed: 82
3% less funds holding
Funds holding: 660 → 643 (-17)
10% less funds holding in top 10
Funds holding in top 10: 10 → 9 (-1)
21% less repeat investments, than reductions
Existing positions increased: 202 | Existing positions reduced: 255
48% less call options, than puts
Call options by funds: $373M | Put options by funds: $718M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital Research Global Investors
Los Angeles,
California
|
+$549M |
| 2 |
Dimensional Fund Advisors
Austin,
Texas
|
+$86.5M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
+$85.6M |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$52.8M |
| 5 |
DFO
Duquesne Family Office
New York
|
+$38.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DCM
Discovery Capital Management
South Norwalk,
Connecticut
|
-$102M |
| 2 |
TIM
Thornburg Investment Management
Santa Fe,
New Mexico
|
-$78.4M |
| 3 |
PSCM
Prince Street Capital Management
New York
|
-$51.1M |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$32.8M |
| 5 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$29.3M |
FCX Hedge Fund Activity: Q2 2016 in Review
643 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Freeport-McMoran (FCX) for Q2 2016, worth a combined $10.1B — up 14% from $8.89B a quarter earlier.
Sellers outnumbered buyers: 82 funds closed out of FCX and 74 opened new positions — a net loss of 8 holders — while 255 trimmed existing stakes and 202 added.
The largest buyer was Capital Research Global Investors, adding an estimated $549M. The largest seller was Discovery Capital Management, exiting entirely with an estimated $102M sold.
- 643 institutional investors held Freeport-McMoran (FCX) as of Q2 2016, down from 660 in Q1 2016.
- Funds reported $10.1B of Freeport-McMoran stock for Q2 2016, up 14% quarter-over-quarter.
- 74 funds opened new Freeport-McMoran positions in Q2 2016 and 82 closed out, a net change of -8 holders.
- The largest Freeport-McMoran buyer in Q2 2016 was Capital Research Global Investors, an estimated $549M added.
- The largest Freeport-McMoran seller in Q2 2016 was Discovery Capital Management, an estimated $102M sold.
Based on aggregated 13F filings for Q2 2016.