Freeport-McMoran
FCX
1,522 hedge funds and large institutions have $58.1B invested in Freeport-McMoran in 2024 Q2 according to their latest regulatory filings, with 197 funds opening new positions, 635 increasing their positions, 491 reducing their positions, and 107 closing their positions.
84% more first-time investments, than exits
New positions opened: 197 | Existing positions closed: 107
29% more repeat investments, than reductions
Existing positions increased: 635 | Existing positions reduced: 491
20% more call options, than puts
Call options by funds: $2.54B | Put options by funds: $2.11B
5% more capital invested
Capital invested by funds: $55.3B → $58.1B (+$2.79B)
5% more funds holding
Funds holding: 1,453 → 1,522 (+69)
1.2% more ownership
Funds ownership: 82.02% → 83.22% (+1.2%)
30% less funds holding in top 10
Funds holding in top 10: 47 → 33 (-14)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$864M |
| 2 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$454M |
| 3 |
JP Morgan Chase
New York
|
+$367M |
| 4 |
DZ Bank
Frankfurt Am Main,
Germany
|
+$360M |
| 5 |
Capital World Investors
Los Angeles,
California
|
+$338M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Janus Henderson Group
London,
United Kingdom
|
-$354M |
| 2 |
Amundi
Paris,
France
|
-$292M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$267M |
| 4 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$243M |
| 5 |
CHP
Castle Hook Partners
New York
|
-$235M |
FCX Hedge Fund Activity: Q2 2024 in Review
1,522 of the 6,924 institutional investors tracked by Wall St. Rank reported a position in Freeport-McMoran (FCX) for Q2 2024, worth a combined $58.1B — up 5% from $55.3B a quarter earlier.
Buyers outnumbered sellers: 197 funds opened new FCX positions and 107 closed out — a net gain of 90 holders — while 635 added to existing stakes and 491 trimmed.
The largest buyer was Bank of America, adding an estimated $864M. The largest seller was Janus Henderson Group, cutting an estimated $354M.
- 1,522 institutional investors held Freeport-McMoran (FCX) as of Q2 2024, up from 1,453 in Q1 2024.
- Funds reported $58.1B of Freeport-McMoran stock for Q2 2024, up 5% quarter-over-quarter.
- 197 funds opened new Freeport-McMoran positions in Q2 2024 and 107 closed out, a net change of +90 holders.
- The largest Freeport-McMoran buyer in Q2 2024 was Bank of America, an estimated $864M added.
- The largest Freeport-McMoran seller in Q2 2024 was Janus Henderson Group, an estimated $354M sold.
Based on aggregated 13F filings for Q2 2024.