Freeport-McMoran
FCX
774 hedge funds and large institutions have $14.4B invested in Freeport-McMoran in 2015 Q1 according to their latest regulatory filings, with 60 funds opening new positions, 294 increasing their positions, 315 reducing their positions, and 137 closing their positions.
15% more funds holding in top 10
Funds holding in top 10: 13 → 15 (+2)
0.76% more ownership
Funds ownership: 72.28% → 73.04% (+0.76%)
7% less repeat investments, than reductions
Existing positions increased: 294 | Existing positions reduced: 315
10% less funds holding
Funds holding: 860 → 774 (-86)
18% less capital invested
Capital invested by funds: $17.5B → $14.4B (-$3.13B)
34% less call options, than puts
Call options by funds: $427M | Put options by funds: $646M
56% less first-time investments, than exits
New positions opened: 60 | Existing positions closed: 137
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
+$307M |
| 2 |
Allianz Asset Management
Munich,
Germany
|
+$258M |
| 3 |
ClearBridge Investments
New York
|
+$248M |
| 4 |
Franklin Resources
San Mateo,
California
|
+$187M |
| 5 |
Capital Research Global Investors
Los Angeles,
California
|
+$187M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BG
BlackRock Group
London,
United Kingdom
|
-$147M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$110M |
| 3 |
Invesco
Atlanta,
Georgia
|
-$110M |
| 4 |
JP Morgan Chase
New York
|
-$94.6M |
| 5 |
Two Sigma Investments
New York
|
-$73M |
FCX Hedge Fund Activity: Q1 2015 in Review
774 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in Freeport-McMoran (FCX) for Q1 2015, worth a combined $14.4B — down 18% from $17.5B a quarter earlier.
Sellers outnumbered buyers: 137 funds closed out of FCX and 60 opened new positions — a net loss of 77 holders — while 315 trimmed existing stakes and 294 added.
The largest buyer was UBS Group, adding an estimated $307M. The largest seller was BlackRock Group, cutting an estimated $147M.
- 774 institutional investors held Freeport-McMoran (FCX) as of Q1 2015, down from 860 in Q4 2014.
- Funds reported $14.4B of Freeport-McMoran stock for Q1 2015, down 18% quarter-over-quarter.
- 60 funds opened new Freeport-McMoran positions in Q1 2015 and 137 closed out, a net change of -77 holders.
- The largest Freeport-McMoran buyer in Q1 2015 was UBS Group, an estimated $307M added.
- The largest Freeport-McMoran seller in Q1 2015 was BlackRock Group, an estimated $147M sold.
Based on aggregated 13F filings for Q1 2015.