Freeport-McMoran
939 hedge funds and large institutions have $24.5B invested in Freeport-McMoran in 2014 Q1 according to their latest regulatory filings, with 79 funds opening new positions, 361 increasing their positions, 380 reducing their positions, and 96 closing their positions.
0.23% more ownership
Funds ownership: 71.17% → 71.4% (+0.23%)
5% less repeat investments, than reductions
Existing positions increased: 361 | Existing positions reduced: 380
3% less funds holding
Funds holding: 965 → 939 (-26)
12% less capital invested
Capital invested by funds: $27.8B → $24.5B (-$3.34B)
18% less first-time investments, than exits
New positions opened: 79 | Existing positions closed: 96
32% less funds holding in top 10
Funds holding in top 10: 41 → 28 (-13)
33% less call options, than puts
Call options by funds: $600M | Put options by funds: $898M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BA
BlackRock Advisors
Wilmington,
Delaware
|
+$320M |
| 2 |
VanEck Associates
New York
|
+$153M |
| 3 |
BG
BlackRock Group
London,
United Kingdom
|
+$115M |
| 4 |
AIM
abrdn Investment Management
Edinburgh,
United Kingdom
|
+$109M |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$106M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PC
Paulson & Co
New York
|
-$179M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$113M |
| 3 |
JP Morgan Chase
New York
|
-$112M |
| 4 |
Adage Capital Partners
Boston,
Massachusetts
|
-$96.7M |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$95M |
FCX Hedge Fund Activity: Q1 2014 in Review
939 of the 3,463 institutional investors tracked by Wall St. Rank reported a position in Freeport-McMoran (FCX) for Q1 2014, worth a combined $24.5B — down 12% from $27.8B a quarter earlier.
Sellers outnumbered buyers: 96 funds closed out of FCX and 79 opened new positions — a net loss of 17 holders — while 380 trimmed existing stakes and 361 added.
The largest buyer was BlackRock Advisors, adding an estimated $320M. The largest seller was Paulson & Co, cutting an estimated $179M.
- 939 institutional investors held Freeport-McMoran (FCX) as of Q1 2014, down from 965 in Q4 2013.
- Funds reported $24.5B of Freeport-McMoran stock for Q1 2014, down 12% quarter-over-quarter.
- 79 funds opened new Freeport-McMoran positions in Q1 2014 and 96 closed out, a net change of -17 holders.
- The largest Freeport-McMoran buyer in Q1 2014 was BlackRock Advisors, an estimated $320M added.
- The largest Freeport-McMoran seller in Q1 2014 was Paulson & Co, an estimated $179M sold.
Based on aggregated 13F filings for Q1 2014.