Freeport-McMoran
FCX
766 hedge funds and large institutions have $10.6B invested in Freeport-McMoran in 2018 Q4 according to their latest regulatory filings, with 108 funds opening new positions, 252 increasing their positions, 301 reducing their positions, and 89 closing their positions.
33% more funds holding in top 10
Funds holding in top 10: 6 → 8 (+2)
21% more first-time investments, than exits
New positions opened: 108 | Existing positions closed: 89
2% more funds holding
Funds holding: 754 → 766 (+12)
0.06% less ownership
Funds ownership: 71.12% → 71.07% (-0.06%)
16% less repeat investments, than reductions
Existing positions increased: 252 | Existing positions reduced: 301
26% less capital invested
Capital invested by funds: $14.3B → $10.6B (-$3.73B)
53% less call options, than puts
Call options by funds: $284M | Put options by funds: $607M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Ameriprise
Minneapolis,
Minnesota
|
+$158M |
| 2 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$56.5M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$46.3M |
| 4 |
BGIM
Brandywine Global Investment Management
Philadelphia,
Pennsylvania
|
+$37.5M |
| 5 |
Two Sigma Investments
New York
|
+$35.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$175M |
| 2 |
CHP
Castle Hook Partners
New York
|
-$92.1M |
| 3 |
Capital Research Global Investors
Los Angeles,
California
|
-$82.6M |
| 4 |
AQR Capital Management
Greenwich,
Connecticut
|
-$61.5M |
| 5 |
Adage Capital Partners
Boston,
Massachusetts
|
-$54.8M |
FCX Hedge Fund Activity: Q4 2018 in Review
766 of the 4,505 institutional investors tracked by Wall St. Rank reported a position in Freeport-McMoran (FCX) for Q4 2018, worth a combined $10.6B — down 26% from $14.3B a quarter earlier.
Buyers outnumbered sellers: 108 funds opened new FCX positions and 89 closed out — a net gain of 19 holders — while 252 added to existing stakes and 301 trimmed.
The largest buyer was Ameriprise, adding an estimated $158M. The largest seller was Fidelity Investments, cutting an estimated $175M.
- 766 institutional investors held Freeport-McMoran (FCX) as of Q4 2018, up from 754 in Q3 2018.
- Funds reported $10.6B of Freeport-McMoran stock for Q4 2018, down 26% quarter-over-quarter.
- 108 funds opened new Freeport-McMoran positions in Q4 2018 and 89 closed out, a net change of +19 holders.
- The largest Freeport-McMoran buyer in Q4 2018 was Ameriprise, an estimated $158M added.
- The largest Freeport-McMoran seller in Q4 2018 was Fidelity Investments, an estimated $175M sold.
Based on aggregated 13F filings for Q4 2018.