Freeport-McMoran
1,104 hedge funds and large institutions have $42.1B invested in Freeport-McMoran in 2021 Q2 according to their latest regulatory filings, with 189 funds opening new positions, 453 increasing their positions, 347 reducing their positions, and 85 closing their positions.
122% more first-time investments, than exits
New positions opened: 189 | Existing positions closed: 85
31% more repeat investments, than reductions
Existing positions increased: 453 | Existing positions reduced: 347
21% more funds holding in top 10
Funds holding in top 10: 33 → 40 (+7)
12% more capital invested
Capital invested by funds: $37.4B → $42.1B (+$4.66B)
9% more funds holding
Funds holding: 1,010 → 1,104 (+94)
0.59% less ownership
Funds ownership: 78% → 77.4% (-0.59%)
26% less call options, than puts
Call options by funds: $1.6B | Put options by funds: $2.18B
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$564M |
| 2 |
Diamond Hill Capital Management
Columbus,
Ohio
|
+$446M |
| 3 |
Allianz Asset Management
Munich,
Germany
|
+$227M |
| 4 |
JP Morgan Chase
New York
|
+$203M |
| 5 |
State Street
Boston,
Massachusetts
|
+$154M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
-$745M |
| 2 |
BlackRock
New York
|
-$342M |
| 3 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$297M |
| 4 |
PI
Putnam Investments
Boston,
Massachusetts
|
-$230M |
| 5 |
Franklin Resources
San Mateo,
California
|
-$190M |
FCX Hedge Fund Activity: Q2 2021 in Review
1,104 of the 5,745 institutional investors tracked by Wall St. Rank reported a position in Freeport-McMoran (FCX) for Q2 2021, worth a combined $42.1B — up 12% from $37.4B a quarter earlier.
Buyers outnumbered sellers: 189 funds opened new FCX positions and 85 closed out — a net gain of 104 holders — while 453 added to existing stakes and 347 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $564M. The largest seller was Vanguard Group, cutting an estimated $745M.
- 1,104 institutional investors held Freeport-McMoran (FCX) as of Q2 2021, up from 1,010 in Q1 2021.
- Funds reported $42.1B of Freeport-McMoran stock for Q2 2021, up 12% quarter-over-quarter.
- 189 funds opened new Freeport-McMoran positions in Q2 2021 and 85 closed out, a net change of +104 holders.
- The largest Freeport-McMoran buyer in Q2 2021 was Fidelity Investments, an estimated $564M added.
- The largest Freeport-McMoran seller in Q2 2021 was Vanguard Group, an estimated $745M sold.
Based on aggregated 13F filings for Q2 2021.