Freeport-McMoran
660 hedge funds and large institutions have $8.89B invested in Freeport-McMoran in 2016 Q1 according to their latest regulatory filings, with 76 funds opening new positions, 240 increasing their positions, 243 reducing their positions, and 107 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 5 → 10 (+5)
44% more capital invested
Capital invested by funds: $6.18B → $8.89B (+$2.71B)
1% less repeat investments, than reductions
Existing positions increased: 240 | Existing positions reduced: 243
6% less funds holding
Funds holding: 700 → 660 (-40)
9.87% less ownership
Funds ownership: 78.39% → 68.52% (-9.9%)
29% less first-time investments, than exits
New positions opened: 76 | Existing positions closed: 107
51% less call options, than puts
Call options by funds: $406M | Put options by funds: $835M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital Research Global Investors
Los Angeles,
California
|
+$101M |
| 2 |
ClearBridge Investments
New York
|
+$67.6M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$34.8M |
| 4 |
PSCM
Prince Street Capital Management
New York
|
+$34.7M |
| 5 |
State Street
Boston,
Massachusetts
|
+$32.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$116M |
| 2 |
BG
BlackRock Group
London,
United Kingdom
|
-$68.5M |
| 3 |
SC
Sasco Capital
Fairfield,
Connecticut
|
-$55.1M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
-$46.7M |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$43.1M |
FCX Hedge Fund Activity: Q1 2016 in Review
660 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in Freeport-McMoran (FCX) for Q1 2016, worth a combined $8.89B — up 44% from $6.18B a quarter earlier.
Sellers outnumbered buyers: 107 funds closed out of FCX and 76 opened new positions — a net loss of 31 holders — while 243 trimmed existing stakes and 240 added.
The largest buyer was Capital Research Global Investors, adding an estimated $101M. The largest seller was Deutsche Bank, cutting an estimated $116M.
- 660 institutional investors held Freeport-McMoran (FCX) as of Q1 2016, down from 700 in Q4 2015.
- Funds reported $8.89B of Freeport-McMoran stock for Q1 2016, up 44% quarter-over-quarter.
- 76 funds opened new Freeport-McMoran positions in Q1 2016 and 107 closed out, a net change of -31 holders.
- The largest Freeport-McMoran buyer in Q1 2016 was Capital Research Global Investors, an estimated $101M added.
- The largest Freeport-McMoran seller in Q1 2016 was Deutsche Bank, an estimated $116M sold.
Based on aggregated 13F filings for Q1 2016.