Freeport-McMoran
1,010 hedge funds and large institutions have $37.4B invested in Freeport-McMoran in 2021 Q1 according to their latest regulatory filings, with 197 funds opening new positions, 346 increasing their positions, 358 reducing their positions, and 97 closing their positions.
103% more first-time investments, than exits
New positions opened: 197 | Existing positions closed: 97
31% more capital invested
Capital invested by funds: $28.6B → $37.4B (+$8.8B)
10% more funds holding
Funds holding: 915 → 1,010 (+95)
2.3% more ownership
Funds ownership: 75.7% → 78% (+2.3%)
0% more call options, than puts
Call options by funds: $1.11B | Put options by funds: $1.11B
3% less repeat investments, than reductions
Existing positions increased: 346 | Existing positions reduced: 358
11% less funds holding in top 10
Funds holding in top 10: 37 → 33 (-4)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
+$1.14B |
| 2 |
BlackRock
New York
|
+$517M |
| 3 |
Allianz Asset Management
Munich,
Germany
|
+$298M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
+$198M |
| 5 |
N
Nuveen
Charlotte,
North Carolina
|
+$146M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
-$636M |
| 2 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$567M |
| 3 |
ClearBridge Investments
New York
|
-$185M |
| 4 |
Franklin Resources
San Mateo,
California
|
-$164M |
| 5 |
Bank of New York Mellon
New York
|
-$124M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
1101
Kayne Anderson Rudnick Investment Management
Los Angeles,
California
| – | -$1K | -24 | Closed |
|
|
SWA
1102
SOA Wealth Advisors
New York
| – | -$292 | -9 | -90% |
|
1103
Simplex Trading
Chicago,
Illinois
| – | +$8.21M | +253,076 | New |
|
FCX Hedge Fund Activity: Q1 2021 in Review
1,010 of the 5,695 institutional investors tracked by Wall St. Rank reported a position in Freeport-McMoran (FCX) for Q1 2021, worth a combined $37.4B — up 31% from $28.6B a quarter earlier.
Buyers outnumbered sellers: 197 funds opened new FCX positions and 97 closed out — a net gain of 100 holders — while 346 added to existing stakes and 358 trimmed.
The largest buyer was JP Morgan Chase, adding an estimated $1.14B. The largest seller was Vanguard Group, cutting an estimated $636M.
- 1,010 institutional investors held Freeport-McMoran (FCX) as of Q1 2021, up from 915 in Q4 2020.
- Funds reported $37.4B of Freeport-McMoran stock for Q1 2021, up 31% quarter-over-quarter.
- 197 funds opened new Freeport-McMoran positions in Q1 2021 and 97 closed out, a net change of +100 holders.
- The largest Freeport-McMoran buyer in Q1 2021 was JP Morgan Chase, an estimated $1.14B added.
- The largest Freeport-McMoran seller in Q1 2021 was Vanguard Group, an estimated $636M sold.
Based on aggregated 13F filings for Q1 2021.