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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
PHS
626
Pekin Hardy Strauss
Illinois
$618K -$52.1K -1,705 -8%
OIA
627
Optimum Investment Advisors
Illinois
$617K +$570K +18,641 New
Northwestern Mutual Wealth Management
628
Northwestern Mutual Wealth Management
Wisconsin
$612K +$79.7K +2,609 +16%
SCM
629
Shelton Capital Management
Colorado
$611K +$15.8K +518 +3%
QBFM
630
QS Batterymarch Financial Management
New York
$610K -$12.3K -404 -2%
SACTSONJ
631
Supplemental Annuity Collective Trust (SACT) of New Jersey
New Jersey
$609K
AA
632
Ancora Advisors
Ohio
$605K +$138K +4,500 +33%
RIG
633
Roosevelt Investment Group
New York
$602K -$1.17M -38,122 -68%
BHWM
634
Bar Harbor Wealth Management
New Hampshire
$601K -$18.3K -600 -3%
CNBT
635
Canandaigua National Bank & Trust
New York
$600K -$1.53K -50 -0.3%
OA
636
Oxbow Advisors
Texas
$593K
JWBC
637
J.W. Burns & Co
New York
$588K -$81.1K -2,655 -13%
SSIA
638
Spero-Smith Investment Advisers
Ohio
$587K -$2.69K -88 -0.5%
IIM
639
Ipswich Investment Management
Massachusetts
$586K -$22.9K -750 -4%
GA
640
GFS Advisors
Texas
$584K -$91.7K -3,000 -15%
CI
641
Constellation Investments
Ohio
$584K +$30.6K +1,000 +6%
FNB
642
First Niagara Bank
New York
$580K -$205K -6,694 -28%
BCM
643
Breithorn Capital Management
New York
$573K +$19.4K +634 +4%
CCM
644
Catapult Capital Management
New York
$564K +$521K +17,040 New
NL
645
NWAM LLC
Washington
$559K +$207K +6,775 +67%
TNBTD
646
Trustmark National Bank Trust Department
Mississippi
$550K
CPO
647
Cerity Partners OCIO
New York
$550K +$95.4K +3,121 +23%
ECM
648
Estabrook Capital Management
New York
$550K +$24.4K +800 +5%
DD
649
Dominick & Dominick
New York
$549K -$42K -1,375 -8%
RJT
650
Raymond James Trust
Florida
$542K +$21.8K +712 +5%

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.