Freeport-McMoran
FCX
1,012 hedge funds and large institutions have $37.5B invested in Freeport-McMoran in 2021 Q1 according to their latest regulatory filings, with 198 funds opening new positions, 345 increasing their positions, 359 reducing their positions, and 95 closing their positions.
108% more first-time investments, than exits
New positions opened: 198 | Existing positions closed: 95
31% more capital invested
Capital invested by funds: $28.6B → $37.5B (+$8.84B)
11% more funds holding
Funds holding: 915 → 1,012 (+97)
2.33% more ownership
Funds ownership: 75.7% → 78.02% (+2.3%)
1% less call options, than puts
Call options by funds: $1.15B | Put options by funds: $1.16B
4% less repeat investments, than reductions
Existing positions increased: 345 | Existing positions reduced: 359
11% less funds holding in top 10
Funds holding in top 10: 37 → 33 (-4)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
+$1.14B |
| 2 |
BlackRock
New York
|
+$517M |
| 3 |
Allianz Asset Management
Munich,
Germany
|
+$298M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
+$198M |
| 5 |
Nuveen
Charlotte,
North Carolina
|
+$146M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
-$636M |
| 2 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$567M |
| 3 |
ClearBridge Investments
New York
|
-$185M |
| 4 |
Franklin Resources
San Mateo,
California
|
-$164M |
| 5 |
Bank of New York Mellon
New York
|
-$124M |
FCX Hedge Fund Activity: Q1 2021 in Review
1,012 of the 5,711 institutional investors tracked by Wall St. Rank reported a position in Freeport-McMoran (FCX) for Q1 2021, worth a combined $37.5B — up 31% from $28.6B a quarter earlier.
Buyers outnumbered sellers: 198 funds opened new FCX positions and 95 closed out — a net gain of 103 holders — while 345 added to existing stakes and 359 trimmed.
The largest buyer was JP Morgan Chase, adding an estimated $1.14B. The largest seller was Vanguard Group, cutting an estimated $636M.
- 1,012 institutional investors held Freeport-McMoran (FCX) as of Q1 2021, up from 915 in Q4 2020.
- Funds reported $37.5B of Freeport-McMoran stock for Q1 2021, up 31% quarter-over-quarter.
- 198 funds opened new Freeport-McMoran positions in Q1 2021 and 95 closed out, a net change of +103 holders.
- The largest Freeport-McMoran buyer in Q1 2021 was JP Morgan Chase, an estimated $1.14B added.
- The largest Freeport-McMoran seller in Q1 2021 was Vanguard Group, an estimated $636M sold.
Based on aggregated 13F filings for Q1 2021.