Freeport-McMoran
FCX
700 hedge funds and large institutions have $6.18B invested in Freeport-McMoran in 2015 Q4 according to their latest regulatory filings, with 83 funds opening new positions, 231 increasing their positions, 299 reducing their positions, and 87 closing their positions.
1.68% more ownership
Funds ownership: 76.71% → 78.39% (+1.7%)
5% less first-time investments, than exits
New positions opened: 83 | Existing positions closed: 87
2% less funds holding
Funds holding: 717 → 700 (-17)
23% less repeat investments, than reductions
Existing positions increased: 231 | Existing positions reduced: 299
27% less capital invested
Capital invested by funds: $8.41B → $6.18B (-$2.23B)
56% less call options, than puts
Call options by funds: $213M | Put options by funds: $482M
64% less funds holding in top 10
Funds holding in top 10: 14 → 5 (-9)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
+$212M |
| 2 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$123M |
| 3 |
Capital Research Global Investors
Los Angeles,
California
|
+$92.3M |
| 4 |
TIM
Thornburg Investment Management
Santa Fe,
New Mexico
|
+$89.9M |
| 5 |
ABC
Anchor Bolt Capital
Chicago,
Illinois
|
+$67M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citigroup
New York
|
-$135M |
| 2 |
DCM
Discovery Capital Management
South Norwalk,
Connecticut
|
-$83.5M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
-$72.3M |
| 4 |
RL
Ruffer LLP
London,
United Kingdom
|
-$57.9M |
| 5 |
Bank of New York Mellon
New York
|
-$46.7M |
FCX Hedge Fund Activity: Q4 2015 in Review
700 of the 3,812 institutional investors tracked by Wall St. Rank reported a position in Freeport-McMoran (FCX) for Q4 2015, worth a combined $6.18B — down 27% from $8.41B a quarter earlier.
Sellers outnumbered buyers: 87 funds closed out of FCX and 83 opened new positions — a net loss of 4 holders — while 299 trimmed existing stakes and 231 added.
The largest buyer was Vanguard Group, adding an estimated $212M. The largest seller was Citigroup, cutting an estimated $135M.
- 700 institutional investors held Freeport-McMoran (FCX) as of Q4 2015, down from 717 in Q3 2015.
- Funds reported $6.18B of Freeport-McMoran stock for Q4 2015, down 27% quarter-over-quarter.
- 83 funds opened new Freeport-McMoran positions in Q4 2015 and 87 closed out, a net change of -4 holders.
- The largest Freeport-McMoran buyer in Q4 2015 was Vanguard Group, an estimated $212M added.
- The largest Freeport-McMoran seller in Q4 2015 was Citigroup, an estimated $135M sold.
Based on aggregated 13F filings for Q4 2015.