Freeport-McMoran
FCX
731 hedge funds and large institutions have $19.4B invested in Freeport-McMoran in 2017 Q4 according to their latest regulatory filings, with 121 funds opening new positions, 231 increasing their positions, 253 reducing their positions, and 94 closing their positions.
91% more funds holding in top 10
Funds holding in top 10: 11 → 21 (+10)
39% more capital invested
Capital invested by funds: $14B → $19.4B (+$5.41B)
29% more first-time investments, than exits
New positions opened: 121 | Existing positions closed: 94
3% more funds holding
Funds holding: 709 → 731 (+22)
2.33% more ownership
Funds ownership: 68.3% → 70.63% (+2.3%)
9% less repeat investments, than reductions
Existing positions increased: 231 | Existing positions reduced: 253
39% less call options, than puts
Call options by funds: $939M | Put options by funds: $1.53B
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Prudential Financial
Newark,
New Jersey
|
+$116M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$115M |
| 3 |
SSM
Sound Shore Management
Greenwich,
Connecticut
|
+$91.6M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
+$62M |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$49.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VanEck Associates
New York
|
-$58.2M |
| 2 |
IAM
Impala Asset Management
Palm Beach,
Florida
|
-$54M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$48.2M |
| 4 |
ClearBridge Investments
New York
|
-$41M |
| 5 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$29.8M |
FCX Hedge Fund Activity: Q4 2017 in Review
731 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in Freeport-McMoran (FCX) for Q4 2017, worth a combined $19.4B — up 39% from $14B a quarter earlier.
Buyers outnumbered sellers: 121 funds opened new FCX positions and 94 closed out — a net gain of 27 holders — while 231 added to existing stakes and 253 trimmed.
The largest buyer was Prudential Financial, adding an estimated $116M. The largest seller was VanEck Associates, cutting an estimated $58.2M.
- 731 institutional investors held Freeport-McMoran (FCX) as of Q4 2017, up from 709 in Q3 2017.
- Funds reported $19.4B of Freeport-McMoran stock for Q4 2017, up 39% quarter-over-quarter.
- 121 funds opened new Freeport-McMoran positions in Q4 2017 and 94 closed out, a net change of +27 holders.
- The largest Freeport-McMoran buyer in Q4 2017 was Prudential Financial, an estimated $116M added.
- The largest Freeport-McMoran seller in Q4 2017 was VanEck Associates, an estimated $58.2M sold.
Based on aggregated 13F filings for Q4 2017.