Freeport-McMoran
659 hedge funds and large institutions have $9.92B invested in Freeport-McMoran in 2019 Q3 according to their latest regulatory filings, with 72 funds opening new positions, 233 increasing their positions, 245 reducing their positions, and 102 closing their positions.
5% less repeat investments, than reductions
Existing positions increased: 233 | Existing positions reduced: 245
1.6% less ownership
Funds ownership: 72.94% → 71.34% (-1.6%)
5% less funds holding
Funds holding: 693 → 659 (-34)
19% less capital invested
Capital invested by funds: $12.3B → $9.92B (-$2.35B)
29% less first-time investments, than exits
New positions opened: 72 | Existing positions closed: 102
33% less funds holding in top 10
Funds holding in top 10: 9 → 6 (-3)
63% less call options, than puts
Call options by funds: $211M | Put options by funds: $571M
Top Buyers
| 1 |
BlackRock
New York
|
+$110M |
| 2 |
Fisher Asset Management
Camas,
Washington
|
+$96.3M |
| 3 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$54.9M |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$51.9M |
| 5 |
Capital International Investors
Los Angeles,
California
|
+$44.8M |
Top Sellers
FCX Hedge Fund Activity: Q3 2019 in Review
659 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in Freeport-McMoran (FCX) for Q3 2019, worth a combined $9.92B — down 19% from $12.3B a quarter earlier.
Sellers outnumbered buyers: 102 funds closed out of FCX and 72 opened new positions — a net loss of 30 holders — while 245 trimmed existing stakes and 233 added.
The largest buyer was BlackRock, adding an estimated $110M. The largest seller was Capital Research Global Investors, cutting an estimated $448M.
- 659 institutional investors held Freeport-McMoran (FCX) as of Q3 2019, down from 693 in Q2 2019.
- Funds reported $9.92B of Freeport-McMoran stock for Q3 2019, down 19% quarter-over-quarter.
- 72 funds opened new Freeport-McMoran positions in Q3 2019 and 102 closed out, a net change of -30 holders.
- The largest Freeport-McMoran buyer in Q3 2019 was BlackRock, an estimated $110M added.
- The largest Freeport-McMoran seller in Q3 2019 was Capital Research Global Investors, an estimated $448M sold.
Based on aggregated 13F filings for Q3 2019.