Freeport-McMoran
656 hedge funds and large institutions have $10.5B invested in Freeport-McMoran in 2016 Q3 according to their latest regulatory filings, with 75 funds opening new positions, 217 increasing their positions, 240 reducing their positions, and 55 closing their positions.
36% more first-time investments, than exits
New positions opened: 75 | Existing positions closed: 55
2% more funds holding
Funds holding: 643 → 656 (+13)
4% more capital invested
Capital invested by funds: $10.1B → $10.5B (+$420M)
0.78% more ownership
Funds ownership: 72.04% → 72.83% (+0.78%)
10% less repeat investments, than reductions
Existing positions increased: 217 | Existing positions reduced: 240
11% less funds holding in top 10
Funds holding in top 10: 9 → 8 (-1)
46% less call options, than puts
Call options by funds: $305M | Put options by funds: $562M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital Research Global Investors
Los Angeles,
California
|
+$297M |
| 2 |
Goldman Sachs
New York
|
+$112M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$74.2M |
| 4 |
JHIU
Janus Henderson Investors US
Denver,
Colorado
|
+$34.6M |
| 5 |
State Street
Boston,
Massachusetts
|
+$29.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Franklin Resources
San Mateo,
California
|
-$34.3M |
| 2 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$30.5M |
| 3 |
JP Morgan Chase
New York
|
-$20.5M |
| 4 |
MAM
Majedie Asset Management
London,
United Kingdom
|
-$19.4M |
| 5 |
NC
Northern Cross
Boston,
Massachusetts
|
-$17.1M |
FCX Hedge Fund Activity: Q3 2016 in Review
656 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Freeport-McMoran (FCX) for Q3 2016, worth a combined $10.5B — up 4.2% from $10.1B a quarter earlier.
Buyers outnumbered sellers: 75 funds opened new FCX positions and 55 closed out — a net gain of 20 holders — while 217 added to existing stakes and 240 trimmed.
The largest buyer was Capital Research Global Investors, adding an estimated $297M. The largest seller was Franklin Resources, cutting an estimated $34.3M.
- 656 institutional investors held Freeport-McMoran (FCX) as of Q3 2016, up from 643 in Q2 2016.
- Funds reported $10.5B of Freeport-McMoran stock for Q3 2016, up 4.2% quarter-over-quarter.
- 75 funds opened new Freeport-McMoran positions in Q3 2016 and 55 closed out, a net change of +20 holders.
- The largest Freeport-McMoran buyer in Q3 2016 was Capital Research Global Investors, an estimated $297M added.
- The largest Freeport-McMoran seller in Q3 2016 was Franklin Resources, an estimated $34.3M sold.
Based on aggregated 13F filings for Q3 2016.