Freeport-McMoran
FCX
666 hedge funds and large institutions have $7.05B invested in Freeport-McMoran in 2020 Q1 according to their latest regulatory filings, with 92 funds opening new positions, 225 increasing their positions, 239 reducing their positions, and 121 closing their positions.
6% less repeat investments, than reductions
Existing positions increased: 225 | Existing positions reduced: 239
1.17% less ownership
Funds ownership: 73.15% → 71.98% (-1.2%)
5% less funds holding
Funds holding: 704 → 666 (-38)
24% less first-time investments, than exits
New positions opened: 92 | Existing positions closed: 121
24% less call options, than puts
Call options by funds: $232M | Put options by funds: $306M
31% less funds holding in top 10
Funds holding in top 10: 13 → 9 (-4)
49% less capital invested
Capital invested by funds: $13.9B → $7.05B (-$6.88B)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Franklin Resources
San Mateo,
California
|
+$303M |
| 2 |
MMH
Menora Mivtachim Holdings
Ramat Gan,
Israel
|
+$84.6M |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$69.4M |
| 4 |
PI
Putnam Investments
Boston,
Massachusetts
|
+$69.2M |
| 5 |
CCM
Causeway Capital Management
Los Angeles,
California
|
+$65.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$321M |
| 2 |
Capital Research Global Investors
Los Angeles,
California
|
-$221M |
| 3 |
RL
Ruffer LLP
London,
United Kingdom
|
-$89.6M |
| 4 |
N
Nuveen
Charlotte,
North Carolina
|
-$61.6M |
| 5 |
CAM
Crake Asset Management
London,
United Kingdom
|
-$46M |
FCX Hedge Fund Activity: Q1 2020 in Review
666 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in Freeport-McMoran (FCX) for Q1 2020, worth a combined $7.05B — down 49% from $13.9B a quarter earlier.
Sellers outnumbered buyers: 121 funds closed out of FCX and 92 opened new positions — a net loss of 29 holders — while 239 trimmed existing stakes and 225 added.
The largest buyer was Franklin Resources, adding an estimated $303M. The largest seller was T. Rowe Price Associates, cutting an estimated $321M.
- 666 institutional investors held Freeport-McMoran (FCX) as of Q1 2020, down from 704 in Q4 2019.
- Funds reported $7.05B of Freeport-McMoran stock for Q1 2020, down 49% quarter-over-quarter.
- 92 funds opened new Freeport-McMoran positions in Q1 2020 and 121 closed out, a net change of -29 holders.
- The largest Freeport-McMoran buyer in Q1 2020 was Franklin Resources, an estimated $303M added.
- The largest Freeport-McMoran seller in Q1 2020 was T. Rowe Price Associates, an estimated $321M sold.
Based on aggregated 13F filings for Q1 2020.