Freeport-McMoran
FCX
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.
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: 20 → 28 (+8)
18% more capital invested
Capital invested by funds: $42.1B → $49.8B (+$7.7B)
10% more funds holding
Funds holding: 1,294 → 1,421 (+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
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$680M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$217M |
| 3 |
Boston Partners
Boston,
Massachusetts
|
+$196M |
| 4 |
VOYA Investment Management
Atlanta,
Georgia
|
+$169M |
| 5 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$165M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$193M |
| 2 |
Invesco
Atlanta,
Georgia
|
-$111M |
| 3 |
Toronto Dominion Bank
Toronto, Ontario,
Ontario, Canada
|
-$108M |
| 4 |
JP Morgan Chase
New York
|
-$95.3M |
| 5 |
Bank of New York Mellon
New York
|
-$73.9M |
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.