Freeport-McMoran
FCX
743 hedge funds and large institutions have $13.6B invested in Freeport-McMoran in 2019 Q1 according to their latest regulatory filings, with 82 funds opening new positions, 249 increasing their positions, 277 reducing their positions, and 94 closing their positions.
28% more capital invested
Capital invested by funds: $10.6B → $13.6B (+$3.01B)
1.64% more ownership
Funds ownership: 71.07% → 72.7% (+1.6%)
3% less funds holding
Funds holding: 766 → 743 (-23)
10% less repeat investments, than reductions
Existing positions increased: 249 | Existing positions reduced: 277
13% less first-time investments, than exits
New positions opened: 82 | Existing positions closed: 94
17% less call options, than puts
Call options by funds: $406M | Put options by funds: $490M
25% less funds holding in top 10
Funds holding in top 10: 8 → 6 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital Research Global Investors
Los Angeles,
California
|
+$988M |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$120M |
| 3 |
PI
Putnam Investments
Boston,
Massachusetts
|
+$91.9M |
| 4 |
H
Hexavest
Montreal,
Quebec, Canada
|
+$61M |
| 5 |
CA
Commerzbank Aktiengesellschaft
Frankfurt,
Germany
|
+$28.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
-$75M |
| 2 |
IC
Icahn Carl
Sunny Isles Beach,
Florida
|
-$71.4M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
-$64.6M |
| 4 |
Goldman Sachs
New York
|
-$63.5M |
| 5 |
Prudential Financial
Newark,
New Jersey
|
-$60.1M |
FCX Hedge Fund Activity: Q1 2019 in Review
743 of the 4,620 institutional investors tracked by Wall St. Rank reported a position in Freeport-McMoran (FCX) for Q1 2019, worth a combined $13.6B — up 28% from $10.6B a quarter earlier.
Sellers outnumbered buyers: 94 funds closed out of FCX and 82 opened new positions — a net loss of 12 holders — while 277 trimmed existing stakes and 249 added.
The largest buyer was Capital Research Global Investors, adding an estimated $988M. The largest seller was JP Morgan Chase, cutting an estimated $75M.
- 743 institutional investors held Freeport-McMoran (FCX) as of Q1 2019, down from 766 in Q4 2018.
- Funds reported $13.6B of Freeport-McMoran stock for Q1 2019, up 28% quarter-over-quarter.
- 82 funds opened new Freeport-McMoran positions in Q1 2019 and 94 closed out, a net change of -12 holders.
- The largest Freeport-McMoran buyer in Q1 2019 was Capital Research Global Investors, an estimated $988M added.
- The largest Freeport-McMoran seller in Q1 2019 was JP Morgan Chase, an estimated $75M sold.
Based on aggregated 13F filings for Q1 2019.