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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
BHBT
1126
Burke & Herbert Bank & Trust
Virginia
$209K +$181K +4,900 New
CA
1127
Clearstead Advisors
Ohio
$208K -$30.1K -814 -14%
WB
1128
WesBanco Bank
West Virginia
$207K +$180K +4,868 New
TCOTS
1129
Trust Company of the South
North Carolina
$207K +$180K +4,864 New
TWM
1130
Tradition Wealth Management
Minnesota
$207K +$295 +8 +0.2%
FNT
1131
First National Trust
Pennsylvania
$207K +$180K +4,862 New
CCIA
1132
Cherry Creek Investment Advisors
Colorado
$207K +$179K +4,854 New
GT
1133
Glenview Trust
Kentucky
$207K -$193K -5,214 -52%
WT
1134
Whittier Trust
California
$207K +$1.37K +37 +0.8%
SAM
1135
Synergy Asset Management
Washington
$206K -$29.7K -803 -14%
WIM
1136
Westside Investment Management
California
$206K +$61.7K +1,671 +53%
VCWA
1137
Vanguard Capital Wealth Advisors
Colorado
$206K +$178K +4,831 New
TCMP
1138
Thrive Capital Management (Pennsylvania)
Pennsylvania
$205K +$178K +4,819 New
MIM
1139
Morningstar Investment Management
Illinois
$205K +$178K +4,814 New
PWMAG
1140
Pinnacle Wealth Management Advisory Group
New Jersey
$205K +$178K +4,814 New
MGWM
1141
Marks Group Wealth Management
Minnesota
$204K +$177K +4,799 New
SSB
1142
Sandy Spring Bank
Maryland
$204K -$30.5K -827 -15%
TA
1143
TruWealth Advisors
Louisiana
$203K +$176K +4,777 New
1WM
1144
1900 Wealth Management
Texas
$203K +$176K +4,766 New
EWM
1145
EPG Wealth Management
Georgia
$201K +$203K +5,487 New
SI
1146
Saxon Interests
Texas
$201K +$174K +4,710 New
VIP
1147
Vista Investment Partners
Oklahoma
$200K +$174K +4,700 New
AOWM
1148
Alpha Omega Wealth Management
Virginia
$200K +$174K +4,700 New
PIM
1149
Platinum Investment Management
Australia
$199K -$7.16M -193,815 -98%
MSFP
1150
Mark Sheptoff Financial Planning
Connecticut
$194K +$168K +4,550 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.