Freeport-McMoran
FCX
860 hedge funds and large institutions have $17.5B invested in Freeport-McMoran in 2014 Q4 according to their latest regulatory filings, with 106 funds opening new positions, 284 increasing their positions, 391 reducing their positions, and 149 closing their positions.
0.63% less ownership
Funds ownership: 72.9% → 72.28% (-0.63%)
6% less funds holding
Funds holding: 917 → 860 (-57)
27% less repeat investments, than reductions
Existing positions increased: 284 | Existing positions reduced: 391
29% less first-time investments, than exits
New positions opened: 106 | Existing positions closed: 149
29% less capital invested
Capital invested by funds: $24.7B → $17.5B (-$7.21B)
32% less call options, than puts
Call options by funds: $539M | Put options by funds: $791M
38% less funds holding in top 10
Funds holding in top 10: 21 → 13 (-8)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ClearBridge Investments
New York
|
+$209M |
| 2 |
Franklin Resources
San Mateo,
California
|
+$144M |
| 3 |
GTP
Global Thematic Partners
New York
|
+$128M |
| 4 |
Capital Research Global Investors
Los Angeles,
California
|
+$105M |
| 5 |
Two Sigma Investments
New York
|
+$102M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
-$543M |
| 2 |
WRF
Waddell & Reed Financial
Overland Park,
Kansas
|
-$272M |
| 3 |
BG
BlackRock Group
London,
United Kingdom
|
-$166M |
| 4 |
MAM
Marketfield Asset Management
New York
|
-$166M |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
-$132M |
FCX Hedge Fund Activity: Q4 2014 in Review
860 of the 3,750 institutional investors tracked by Wall St. Rank reported a position in Freeport-McMoran (FCX) for Q4 2014, worth a combined $17.5B — down 29% from $24.7B a quarter earlier.
Sellers outnumbered buyers: 149 funds closed out of FCX and 106 opened new positions — a net loss of 43 holders — while 391 trimmed existing stakes and 284 added.
The largest buyer was ClearBridge Investments, adding an estimated $209M. The largest seller was JP Morgan Chase, cutting an estimated $543M.
- 860 institutional investors held Freeport-McMoran (FCX) as of Q4 2014, down from 917 in Q3 2014.
- Funds reported $17.5B of Freeport-McMoran stock for Q4 2014, down 29% quarter-over-quarter.
- 106 funds opened new Freeport-McMoran positions in Q4 2014 and 149 closed out, a net change of -43 holders.
- The largest Freeport-McMoran buyer in Q4 2014 was ClearBridge Investments, an estimated $209M added.
- The largest Freeport-McMoran seller in Q4 2014 was JP Morgan Chase, an estimated $543M sold.
Based on aggregated 13F filings for Q4 2014.