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Freeport-McMoran

902 hedge funds and large institutions have $24.3B invested in Freeport-McMoran in 2013 Q3 according to their latest regulatory filings, with 121 funds opening new positions, 344 increasing their positions, 328 reducing their positions, and 63 closing their positions.

New
Increased
Maintained
Reduced
Closed

92% more first-time investments, than exits

New positions opened: 121 | Existing positions closed: 63

39% more funds holding in top 10

Funds holding in top 10: 3143 (+12)

22% more capital invested

Capital invested by funds: $20B → $24.3B (+$4.37B)

6% more funds holding

Funds holding: 853902 (+49)

1.23% more ownership

Funds ownership: 69.77%71.01% (+1.2%)

5% more repeat investments, than reductions

Existing positions increased: 344 | Existing positions reduced: 328

3% more call options, than puts

Call options by funds: $1.16B | Put options by funds: $1.13B

Holders
902
Holders Change
+49
Holders Change %
+5.74%
% of All Funds
29.25%
Holding in Top 10
43
Holding in Top 10 Change
+12
Holding in Top 10 Change %
+38.71%
% of All Funds
1.39%
New
121
Increased
344
Reduced
328
Closed
63
Calls
$1.16B
Puts
$1.13B
Net Calls
+$39M
Net Calls Change
+$177M
Name Holding Trade Value Shares
Change
Change in
Stake
Jennison Associates
101
Jennison Associates
New York
$40.3M -$1.67M -54,560 -4%
MTB
102
Mizuho Trust & Banking
Japan
$38.9M
LSV Asset Management
103
LSV Asset Management
Illinois
$38.8M -$413K -13,500 -1%
SO
104
STRS Ohio
Ohio
$38.8M -$1.9M -62,279 -5%
CA
105
Commerzbank Aktiengesellschaft
Germany
$38.4M -$100M -3,286,172 -74%
Capital International Investors
106
Capital International Investors
California
$38.3M +$5.43M +177,700 +18%
Principal Financial Group
107
Principal Financial Group
Iowa
$38.1M -$1.05M -34,220 -3%
Brown Advisory
108
Brown Advisory
Maryland
$37.6M -$115K -3,767 -0.3%
Swiss National Bank
109
Swiss National Bank
Switzerland
$37.3M +$792K +25,900 +2%
GIA
110
Gateway Investment Advisers
Ohio
$37.2M -$2.7M -88,310 -7%
GPSPJS
111
General Pension Society PZU Joint Stock
Poland
$36.5M -$26.7M -873,500 -44%
TGI
112
Tradewinds Global Investors
California
$36.3M +$2.76M +90,230 +9%
Teacher Retirement System of Texas
113
Teacher Retirement System of Texas
Texas
$36.2M +$12.4M +405,375 +59%
MAA
114
Managed Account Advisors
New Jersey
$35.4M -$31.6M -1,032,724 -49%
SWITC
115
Stewart West Indies Trading Company
Colorado
$34.5M
First Trust Advisors
116
First Trust Advisors
Illinois
$34.3M +$5.09M +166,661 +19%
GWM
117
Greenwich Wealth Management
Connecticut
$33.4M +$256K +8,365 +0.8%
Citadel Advisors
118
Citadel Advisors
Florida
$33.2M -$10.7M -350,858 -26%
FMI
119
Factory Mutual Insurance
Massachusetts
$32.9M
FIM
120
FourPoints Investment Managers
France
$31.6M +$1.7M +55,476 +6%
SG Americas Securities
121
SG Americas Securities
New York
$30.8M -$52.1M -1,703,783 -65%
SFM
122
Systematic Financial Management
New Jersey
$29.7M -$1.13M -37,021 -4%
AI
123
Analytic Investors
California
$29.3M -$3.22M -105,393 -11%
FIM
124
Foresters Investment Management
New York
$29.2M +$458K +15,000 +2%
Ohio Public Employees Retirement System (OPERS)
125
Ohio Public Employees Retirement System (OPERS)
Ohio
$29M -$840K -27,493 -3%

FCX Hedge Fund Activity: Q3 2013 in Review

902 of the 3,084 institutional investors tracked by Wall St. Rank reported a position in Freeport-McMoran (FCX) for Q3 2013, worth a combined $24.3B — up 22% from $20B a quarter earlier.

Buyers outnumbered sellers: 121 funds opened new FCX positions and 63 closed out — a net gain of 58 holders — while 344 added to existing stakes and 328 trimmed.

The largest buyer was JP Morgan Chase, adding an estimated $390M. The largest seller was Allianz Asset Management, cutting an estimated $176M.

  • 902 institutional investors held Freeport-McMoran (FCX) as of Q3 2013, up from 853 in Q2 2013.
  • Funds reported $24.3B of Freeport-McMoran stock for Q3 2013, up 22% quarter-over-quarter.
  • 121 funds opened new Freeport-McMoran positions in Q3 2013 and 63 closed out, a net change of +58 holders.
  • The largest Freeport-McMoran buyer in Q3 2013 was JP Morgan Chase, an estimated $390M added.
  • The largest Freeport-McMoran seller in Q3 2013 was Allianz Asset Management, an estimated $176M sold.

Based on aggregated 13F filings for Q3 2013.