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Freeport-McMoran

1,421 hedge funds and large institutions have $49.8B invested in Freeport-McMoran in 2023 Q4 according to their latest regulatory filings, with 219 funds opening new positions, 529 increasing their positions, 511 reducing their positions, and 76 closing their positions.

New
Increased
Maintained
Reduced
Closed

188% more first-time investments, than exits

New positions opened: 219 | Existing positions closed: 76

40% more funds holding in top 10

Funds holding in top 10: 2028 (+8)

18% more capital invested

Capital invested by funds: $42.1B → $49.8B (+$7.7B)

10% more funds holding

Funds holding: 1,2941,421 (+127)

2.95% more ownership

Funds ownership: 78.72%81.67% (+2.9%)

4% more repeat investments, than reductions

Existing positions increased: 529 | Existing positions reduced: 511

0% less call options, than puts

Call options by funds: $2.09B | Put options by funds: $2.1B

Holders
1,421
Holders Change
+127
Holders Change %
+9.81%
% of All Funds
20.72%
Holding in Top 10
28
Holding in Top 10 Change
+8
Holding in Top 10 Change %
+40%
% of All Funds
0.41%
New
219
Increased
529
Reduced
511
Closed
76
Calls
$2.09B
Puts
$2.1B
Net Calls
-$10M
Net Calls Change
+$159M
Name Holding Trade Value Shares
Change
Change in
Stake
LBC
1076
Lowe Brockenbrough & Co
Virginia
$243K -$3.92K -106 -2%
STA
1077
Summit Trail Advisors
New York
$242K -$32.2K -873 -13%
MIS
1078
Morningstar Investment Services
Illinois
$242K +$208K +5,634 New
OP
1079
ORG Partners
Indiana
$241K +$54.7K +1,482 +35%
ACM
1080
Avalon Capital Management
California
$240K +$208K +5,640 New
IFU
1081
iSAM Funds (UK)
United Kingdom
$240K +$208K +5,638 New
VDI
1082
Vaughan David Investments
Illinois
$240K -$8.01K -217 -4%
CFGS
1083
Concourse Financial Group Securities
Alabama
$239K +$17K +460 +9%
SP
1084
Stonebrook Private
Michigan
$238K +$207K +5,603 New
CA
1085
Claro Advisors
Massachusetts
$237K +$6.17K +167 +3%
BWCS
1086
Beirne Wealth Consulting Services
Connecticut
$237K +$205K +5,563 New
PA
1087
PFG Advisors
Arizona
$237K -$3.43K -93 -2%
PIA
1088
Perennial Investment Advisors
California
$236K -$3.8K -103 -2%
MWM
1089
Mosley Wealth Management
California
$236K +$204K +5,536 New
FA
1090
Fagan Associates
New York
$235K +$204K +5,515 New
RBC
1091
Romano Brothers & Co
Illinois
$234K
SIA
1092
Schear Investment Advisers
Ohio
$234K -$3.36K -91 -2%
GJWM
1093
Gilliland Jeter Wealth Management
Arkansas
$233K +$202K +5,483 New
EGA
1094
E&G Advisors
Texas
$233K +$203K +5,484 New
GBT
1095
Grove Bank & Trust
Florida
$233K
IB
1096
Intrust Bank
Kansas
$232K
EWA
1097
Encompass Wealth Advisors
Oregon
$227K +$197K +5,328 New
PFA
1098
Petra Financial Advisors
Colorado
$227K +$197K +5,323 New
VSQM
1099
V-Square Quantitative Management
Illinois
$227K
PP
1100
PDS Planning
Ohio
$226K +$196K +5,318 New

FCX Hedge Fund Activity: Q4 2023 in Review

1,421 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in Freeport-McMoran (FCX) for Q4 2023, worth a combined $49.8B — up 18% from $42.1B a quarter earlier.

Buyers outnumbered sellers: 219 funds opened new FCX positions and 76 closed out — a net gain of 143 holders — while 529 added to existing stakes and 511 trimmed.

The largest buyer was Morgan Stanley, adding an estimated $680M. The largest seller was Fidelity Investments, cutting an estimated $193M.

  • 1,421 institutional investors held Freeport-McMoran (FCX) as of Q4 2023, up from 1,294 in Q3 2023.
  • Funds reported $49.8B of Freeport-McMoran stock for Q4 2023, up 18% quarter-over-quarter.
  • 219 funds opened new Freeport-McMoran positions in Q4 2023 and 76 closed out, a net change of +143 holders.
  • The largest Freeport-McMoran buyer in Q4 2023 was Morgan Stanley, an estimated $680M added.
  • The largest Freeport-McMoran seller in Q4 2023 was Fidelity Investments, an estimated $193M sold.

Based on aggregated 13F filings for Q4 2023.