Freeport-McMoran
966 hedge funds and large institutions have $27.9B invested in Freeport-McMoran in 2013 Q4 according to their latest regulatory filings, with 143 funds opening new positions, 331 increasing their positions, 376 reducing their positions, and 69 closing their positions.
107% more first-time investments, than exits
New positions opened: 143 | Existing positions closed: 69
14% more capital invested
Capital invested by funds: $24.3B → $27.9B (+$3.51B)
7% more funds holding
Funds holding: 902 → 966 (+64)
4% more call options, than puts
Call options by funds: $1.3B | Put options by funds: $1.25B
0.17% more ownership
Funds ownership: 71.01% → 71.18% (+0.17%)
5% less funds holding in top 10
Funds holding in top 10: 43 → 41 (-2)
12% less repeat investments, than reductions
Existing positions increased: 331 | Existing positions reduced: 376
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
+$390M |
| 2 |
Franklin Resources
San Mateo,
California
|
+$162M |
| 3 |
Prudential Financial
Newark,
New Jersey
|
+$116M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
+$112M |
| 5 |
RL
Ruffer LLP
London,
United Kingdom
|
+$112M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$282M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$123M |
| 3 |
GTP
Global Thematic Partners
New York
|
-$117M |
| 4 |
Allianz Asset Management
Munich,
Germany
|
-$71.9M |
| 5 |
Caisse de Depot et Placement du Quebec (CDPQ)
Montreal,
Quebec, Canada
|
-$67.2M |
FCX Hedge Fund Activity: Q4 2013 in Review
966 of the 3,446 institutional investors tracked by Wall St. Rank reported a position in Freeport-McMoran (FCX) for Q4 2013, worth a combined $27.9B — up 14% from $24.3B a quarter earlier.
Buyers outnumbered sellers: 143 funds opened new FCX positions and 69 closed out — a net gain of 74 holders — while 331 added to existing stakes and 376 trimmed.
The largest buyer was JP Morgan Chase, adding an estimated $390M. The largest seller was Deutsche Bank, cutting an estimated $282M.
- 966 institutional investors held Freeport-McMoran (FCX) as of Q4 2013, up from 902 in Q3 2013.
- Funds reported $27.9B of Freeport-McMoran stock for Q4 2013, up 14% quarter-over-quarter.
- 143 funds opened new Freeport-McMoran positions in Q4 2013 and 69 closed out, a net change of +74 holders.
- The largest Freeport-McMoran buyer in Q4 2013 was JP Morgan Chase, an estimated $390M added.
- The largest Freeport-McMoran seller in Q4 2013 was Deutsche Bank, an estimated $282M sold.
Based on aggregated 13F filings for Q4 2013.