Freeport-McMoran
915 hedge funds and large institutions have $28.6B invested in Freeport-McMoran in 2020 Q4 according to their latest regulatory filings, with 242 funds opening new positions, 302 increasing their positions, 271 reducing their positions, and 62 closing their positions.
290% more first-time investments, than exits
New positions opened: 242 | Existing positions closed: 62
106% more funds holding in top 10
Funds holding in top 10: 18 → 37 (+19)
73% more capital invested
Capital invested by funds: $16.5B → $28.6B (+$12.1B)
23% more funds holding
Funds holding: 741 → 915 (+174)
11% more repeat investments, than reductions
Existing positions increased: 302 | Existing positions reduced: 271
2.93% more ownership
Funds ownership: 72.76% → 75.7% (+2.9%)
25% less call options, than puts
Call options by funds: $817M | Put options by funds: $1.08B
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$228M |
| 2 |
JP Morgan Chase
New York
|
+$187M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
+$156M |
| 4 |
BlackRock
New York
|
+$122M |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$93.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Franklin Resources
San Mateo,
California
|
-$147M |
| 2 |
Bank of New York Mellon
New York
|
-$103M |
| 3 |
Ameriprise
Minneapolis,
Minnesota
|
-$84.9M |
| 4 |
PCP
Polunin Capital Partners
London,
United Kingdom
|
-$81.3M |
| 5 |
Janus Henderson Group
London,
United Kingdom
|
-$68.2M |
FCX Hedge Fund Activity: Q4 2020 in Review
915 of the 5,651 institutional investors tracked by Wall St. Rank reported a position in Freeport-McMoran (FCX) for Q4 2020, worth a combined $28.6B — up 73% from $16.5B a quarter earlier.
Buyers outnumbered sellers: 242 funds opened new FCX positions and 62 closed out — a net gain of 180 holders — while 302 added to existing stakes and 271 trimmed.
The largest buyer was T. Rowe Price Associates, adding an estimated $228M. The largest seller was Franklin Resources, cutting an estimated $147M.
- 915 institutional investors held Freeport-McMoran (FCX) as of Q4 2020, up from 741 in Q3 2020.
- Funds reported $28.6B of Freeport-McMoran stock for Q4 2020, up 73% quarter-over-quarter.
- 242 funds opened new Freeport-McMoran positions in Q4 2020 and 62 closed out, a net change of +180 holders.
- The largest Freeport-McMoran buyer in Q4 2020 was T. Rowe Price Associates, an estimated $228M added.
- The largest Freeport-McMoran seller in Q4 2020 was Franklin Resources, an estimated $147M sold.
Based on aggregated 13F filings for Q4 2020.