Freeport-McMoran
1,284 hedge funds and large institutions have $46.8B invested in Freeport-McMoran in 2023 Q1 according to their latest regulatory filings, with 167 funds opening new positions, 509 increasing their positions, 428 reducing their positions, and 97 closing their positions.
72% more first-time investments, than exits
New positions opened: 167 | Existing positions closed: 97
19% more repeat investments, than reductions
Existing positions increased: 509 | Existing positions reduced: 428
10% more capital invested
Capital invested by funds: $42.6B → $46.8B (+$4.24B)
9% more funds holding in top 10
Funds holding in top 10: 32 → 35 (+3)
3% more funds holding
Funds holding: 1,245 → 1,284 (+39)
1.26% more ownership
Funds ownership: 78.98% → 80.24% (+1.3%)
21% less call options, than puts
Call options by funds: $1.35B | Put options by funds: $1.72B
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$183M |
| 2 |
JP Morgan Chase
New York
|
+$148M |
| 3 |
CANY
Caxton Associates (New York)
New York
|
+$123M |
| 4 |
CG
Carmignac Gestion
Paris,
France
|
+$119M |
| 5 |
AIM
Alphinity Investment Management
Sydney,
Australia
|
+$116M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital Research Global Investors
Los Angeles,
California
|
-$1.03B |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$79.2M |
| 3 |
Barclays
London,
United Kingdom
|
-$66.2M |
| 4 |
Franklin Resources
San Mateo,
California
|
-$64.2M |
| 5 |
Diamond Hill Capital Management
Columbus,
Ohio
|
-$58.3M |
FCX Hedge Fund Activity: Q1 2023 in Review
1,284 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Freeport-McMoran (FCX) for Q1 2023, worth a combined $46.8B — up 10% from $42.6B a quarter earlier.
Buyers outnumbered sellers: 167 funds opened new FCX positions and 97 closed out — a net gain of 70 holders — while 509 added to existing stakes and 428 trimmed.
The largest buyer was T. Rowe Price Associates, adding an estimated $183M. The largest seller was Capital Research Global Investors, cutting an estimated $1.03B.
- 1,284 institutional investors held Freeport-McMoran (FCX) as of Q1 2023, up from 1,245 in Q4 2022.
- Funds reported $46.8B of Freeport-McMoran stock for Q1 2023, up 10% quarter-over-quarter.
- 167 funds opened new Freeport-McMoran positions in Q1 2023 and 97 closed out, a net change of +70 holders.
- The largest Freeport-McMoran buyer in Q1 2023 was T. Rowe Price Associates, an estimated $183M added.
- The largest Freeport-McMoran seller in Q1 2023 was Capital Research Global Investors, an estimated $1.03B sold.
Based on aggregated 13F filings for Q1 2023.