Freeport-McMoran
FCX
718 hedge funds and large institutions have $13.5B invested in Freeport-McMoran in 2017 Q1 according to their latest regulatory filings, with 97 funds opening new positions, 261 increasing their positions, 242 reducing their positions, and 81 closing their positions.
20% more first-time investments, than exits
New positions opened: 97 | Existing positions closed: 81
8% more repeat investments, than reductions
Existing positions increased: 261 | Existing positions reduced: 242
1% more funds holding
Funds holding: 714 → 718 (+4)
0% more capital invested
Capital invested by funds: $13.4B → $13.5B (+$40.2M)
0.69% less ownership
Funds ownership: 74.61% → 73.92% (-0.69%)
47% less funds holding in top 10
Funds holding in top 10: 15 → 8 (-7)
51% less call options, than puts
Call options by funds: $467M | Put options by funds: $956M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$1.15B |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$311M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$185M |
| 4 |
WBC
Westpac Banking Corp
Sydney,
Australia
|
+$105M |
| 5 |
MNA
Manning & Napier Advisors
Fairport,
New York
|
+$91M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital Research Global Investors
Los Angeles,
California
|
-$298M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
-$159M |
| 3 |
Balyasny Asset Management
Chicago,
Illinois
|
-$153M |
| 4 |
NC
Northern Cross
Boston,
Massachusetts
|
-$138M |
| 5 |
IAM
Impala Asset Management
Palm Beach,
Florida
|
-$65.4M |
FCX Hedge Fund Activity: Q1 2017 in Review
718 of the 4,034 institutional investors tracked by Wall St. Rank reported a position in Freeport-McMoran (FCX) for Q1 2017, worth a combined $13.5B — up 0.3% from $13.4B a quarter earlier.
Buyers outnumbered sellers: 97 funds opened new FCX positions and 81 closed out — a net gain of 16 holders — while 261 added to existing stakes and 242 trimmed.
The largest buyer was BlackRock, adding an estimated $1.15B. The largest seller was Capital Research Global Investors, cutting an estimated $298M.
- 718 institutional investors held Freeport-McMoran (FCX) as of Q1 2017, up from 714 in Q4 2016.
- Funds reported $13.5B of Freeport-McMoran stock for Q1 2017, up 0.3% quarter-over-quarter.
- 97 funds opened new Freeport-McMoran positions in Q1 2017 and 81 closed out, a net change of +16 holders.
- The largest Freeport-McMoran buyer in Q1 2017 was BlackRock, an estimated $1.15B added.
- The largest Freeport-McMoran seller in Q1 2017 was Capital Research Global Investors, an estimated $298M sold.
Based on aggregated 13F filings for Q1 2017.