Freeport-McMoran
1,294 hedge funds and large institutions have $42.1B invested in Freeport-McMoran in 2023 Q3 according to their latest regulatory filings, with 116 funds opening new positions, 531 increasing their positions, 430 reducing their positions, and 102 closing their positions.
23% more repeat investments, than reductions
Existing positions increased: 531 | Existing positions reduced: 430
14% more first-time investments, than exits
New positions opened: 116 | Existing positions closed: 102
0.36% more ownership
Funds ownership: 78.36% → 78.72% (+0.36%)
0% less funds holding
Funds holding: 1,295 → 1,294 (-1)
10% less call options, than puts
Call options by funds: $1.56B | Put options by funds: $1.73B
5% less funds holding in top 10
Funds holding in top 10: 21 → 20 (-1)
6% less capital invested
Capital invested by funds: $45B → $42.1B (-$2.82B)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$508M |
| 2 |
Viking Global Investors
Stamford,
Connecticut
|
+$394M |
| 3 |
CWP
Capital Wealth Planning
Naples,
Florida
|
+$173M |
| 4 |
MMA
Mizuho Markets Americas
New York
|
+$153M |
| 5 |
BlackRock
New York
|
+$133M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
-$317M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$242M |
| 3 |
MMH
Menora Mivtachim Holdings
Ramat Gan,
Israel
|
-$142M |
| 4 |
Holocene Advisors
New York
|
-$99.8M |
| 5 |
Two Sigma Investments
New York
|
-$92.3M |
FCX Hedge Fund Activity: Q3 2023 in Review
1,294 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in Freeport-McMoran (FCX) for Q3 2023, worth a combined $42.1B — down 6.3% from $45B a quarter earlier.
Buyers outnumbered sellers: 116 funds opened new FCX positions and 102 closed out — a net gain of 14 holders — while 531 added to existing stakes and 430 trimmed.
The largest buyer was T. Rowe Price Associates, adding an estimated $508M. The largest seller was JP Morgan Chase, cutting an estimated $317M.
- 1,294 institutional investors held Freeport-McMoran (FCX) as of Q3 2023, down from 1,295 in Q2 2023.
- Funds reported $42.1B of Freeport-McMoran stock for Q3 2023, down 6.3% quarter-over-quarter.
- 116 funds opened new Freeport-McMoran positions in Q3 2023 and 102 closed out, a net change of +14 holders.
- The largest Freeport-McMoran buyer in Q3 2023 was T. Rowe Price Associates, an estimated $508M added.
- The largest Freeport-McMoran seller in Q3 2023 was JP Morgan Chase, an estimated $317M sold.
Based on aggregated 13F filings for Q3 2023.