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Freeport-McMoran

949 hedge funds and large institutions have $27.2B invested in Freeport-McMoran in 2014 Q2 according to their latest regulatory filings, with 73 funds opening new positions, 355 increasing their positions, 371 reducing their positions, and 57 closing their positions.

New
Increased
Maintained
Reduced
Closed

28% more first-time investments, than exits

New positions opened: 73 | Existing positions closed: 57

14% more funds holding in top 10

Funds holding in top 10: 2832 (+4)

11% more capital invested

Capital invested by funds: $24.5B → $27.2B (+$2.68B)

1% more funds holding

Funds holding: 939949 (+10)

0.26% more ownership

Funds ownership: 71.4%71.67% (+0.26%)

4% less repeat investments, than reductions

Existing positions increased: 355 | Existing positions reduced: 371

11% less call options, than puts

Call options by funds: $861M | Put options by funds: $969M

Holders
949
Holders Change
+10
Holders Change %
+1.06%
% of All Funds
27.27%
Holding in Top 10
32
Holding in Top 10 Change
+4
Holding in Top 10 Change %
+14.29%
% of All Funds
0.92%
New
73
Increased
355
Reduced
371
Closed
57
Calls
$861M
Puts
$969M
Net Calls
-$107M
Net Calls Change
+$190M
Name Holding Trade Value Shares
Change
Change in
Stake
Vanguard Group
1
Vanguard Group
Pennsylvania
$1.98B +$53.9M +1,573,977 +3%
State Street
2
State Street
Massachusetts
$1.7B -$83.1M -2,426,376 -5%
Franklin Resources
3
Franklin Resources
California
$1.49B -$32.1M -936,491 -2%
BG
4
BlackRock Group
United Kingdom
$1.35B +$12.9M +377,579 +1%
BIT
5
BlackRock Institutional Trust
California
$1.01B +$8.64M +252,470 +0.9%
NC
6
Northern Cross
Massachusetts
$1.01B -$1.57M -45,736 -0.2%
Fidelity Investments
7
Fidelity Investments
Massachusetts
$969M +$450M +13,139,836 +98%
JP Morgan Chase
8
JP Morgan Chase
New York
$950M -$268M -7,839,724 -23%
Northern Trust
9
Northern Trust
Illinois
$574M +$14.4M +421,125 +3%
Bank of New York Mellon
10
Bank of New York Mellon
New York
$561M -$28.1M -820,613 -5%
BA
11
BlackRock Advisors
Delaware
$470M -$95.3M -2,783,158 -18%
BFA
12
BlackRock Fund Advisors
California
$449M +$18.9M +551,112 +5%
WRF
13
Waddell & Reed Financial
Kansas
$407M +$337M +9,852,260 +756%
Deutsche Bank
14
Deutsche Bank
Germany
$390M -$49M -1,432,729 -12%
ClearBridge Investments
15
ClearBridge Investments
New York
$384M +$9.21M +269,155 +3%
Morgan Stanley
16
Morgan Stanley
New York
$337M -$26.8M -782,475 -8%
Bank of America
17
Bank of America
North Carolina
$303M +$68.2M +1,992,670 +32%
Dimensional Fund Advisors
18
Dimensional Fund Advisors
Texas
$296M +$9.83M +287,187 +4%
Geode Capital Management
19
Geode Capital Management
Massachusetts
$286M -$2.44M -71,349 -0.9%
Goldman Sachs
20
Goldman Sachs
New York
$276M +$106M +3,106,879 +70%
IG
21
ING Group
Netherlands
$271M +$61M +1,782,505 +32%
Invesco
22
Invesco
Georgia
$254M +$39.7M +1,159,840 +20%
U
23
UBS
Switzerland
$239M +$27.6M +806,935 +14%
MAM
24
Marketfield Asset Management
New York
$228M -$5.14M -150,211 -2%
Capital Research Global Investors
25
Capital Research Global Investors
California
$226M

FCX Hedge Fund Activity: Q2 2014 in Review

949 of the 3,480 institutional investors tracked by Wall St. Rank reported a position in Freeport-McMoran (FCX) for Q2 2014, worth a combined $27.2B — up 11% from $24.5B a quarter earlier.

Buyers outnumbered sellers: 73 funds opened new FCX positions and 57 closed out — a net gain of 16 holders — while 355 added to existing stakes and 371 trimmed.

The largest buyer was Fidelity Investments, adding an estimated $450M. The largest seller was JP Morgan Chase, cutting an estimated $268M.

  • 949 institutional investors held Freeport-McMoran (FCX) as of Q2 2014, up from 939 in Q1 2014.
  • Funds reported $27.2B of Freeport-McMoran stock for Q2 2014, up 11% quarter-over-quarter.
  • 73 funds opened new Freeport-McMoran positions in Q2 2014 and 57 closed out, a net change of +16 holders.
  • The largest Freeport-McMoran buyer in Q2 2014 was Fidelity Investments, an estimated $450M added.
  • The largest Freeport-McMoran seller in Q2 2014 was JP Morgan Chase, an estimated $268M sold.

Based on aggregated 13F filings for Q2 2014.