Freeport-McMoran
704 hedge funds and large institutions have $13.9B invested in Freeport-McMoran in 2019 Q4 according to their latest regulatory filings, with 130 funds opening new positions, 221 increasing their positions, 250 reducing their positions, and 73 closing their positions.
117% more funds holding in top 10
Funds holding in top 10: 6 → 13 (+7)
78% more first-time investments, than exits
New positions opened: 130 | Existing positions closed: 73
40% more capital invested
Capital invested by funds: $9.92B → $13.9B (+$4.02B)
7% more funds holding
Funds holding: 659 → 704 (+45)
1.81% more ownership
Funds ownership: 71.34% → 73.15% (+1.8%)
12% less repeat investments, than reductions
Existing positions increased: 221 | Existing positions reduced: 250
46% less call options, than puts
Call options by funds: $437M | Put options by funds: $815M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$410M |
| 2 |
RL
Ruffer LLP
London,
United Kingdom
|
+$172M |
| 3 |
SPC
Slate Path Capital
New York
|
+$74.6M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
+$64.9M |
| 5 |
DFO
Duquesne Family Office
New York
|
+$50.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital Research Global Investors
Los Angeles,
California
|
-$398M |
| 2 |
IC
Icahn Carl
Sunny Isles Beach,
Florida
|
-$81.4M |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$55.9M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$42M |
| 5 |
Capital International Investors
Los Angeles,
California
|
-$41.7M |
FCX Hedge Fund Activity: Q4 2019 in Review
704 of the 5,075 institutional investors tracked by Wall St. Rank reported a position in Freeport-McMoran (FCX) for Q4 2019, worth a combined $13.9B — up 40% from $9.92B a quarter earlier.
Buyers outnumbered sellers: 130 funds opened new FCX positions and 73 closed out — a net gain of 57 holders — while 221 added to existing stakes and 250 trimmed.
The largest buyer was T. Rowe Price Associates, adding an estimated $410M. The largest seller was Capital Research Global Investors, cutting an estimated $398M.
- 704 institutional investors held Freeport-McMoran (FCX) as of Q4 2019, up from 659 in Q3 2019.
- Funds reported $13.9B of Freeport-McMoran stock for Q4 2019, up 40% quarter-over-quarter.
- 130 funds opened new Freeport-McMoran positions in Q4 2019 and 73 closed out, a net change of +57 holders.
- The largest Freeport-McMoran buyer in Q4 2019 was T. Rowe Price Associates, an estimated $410M added.
- The largest Freeport-McMoran seller in Q4 2019 was Capital Research Global Investors, an estimated $398M sold.
Based on aggregated 13F filings for Q4 2019.