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Freeport-McMoran

1,245 hedge funds and large institutions have $42.6B invested in Freeport-McMoran in 2022 Q4 according to their latest regulatory filings, with 264 funds opening new positions, 437 increasing their positions, 384 reducing their positions, and 87 closing their positions.

New
Increased
Maintained
Reduced
Closed

203% more first-time investments, than exits

New positions opened: 264 | Existing positions closed: 87

100% more funds holding in top 10

Funds holding in top 10: 1632 (+16)

39% more capital invested

Capital invested by funds: $30.6B → $42.6B (+$12B)

14% more funds holding

Funds holding: 1,0891,245 (+156)

14% more repeat investments, than reductions

Existing positions increased: 437 | Existing positions reduced: 384

0.55% more ownership

Funds ownership: 78.43%78.98% (+0.55%)

11% less call options, than puts

Call options by funds: $1.7B | Put options by funds: $1.91B

Holders
1,245
Holders Change
+156
Holders Change %
+14.33%
% of All Funds
20.01%
Holding in Top 10
32
Holding in Top 10 Change
+16
Holding in Top 10 Change %
+100%
% of All Funds
0.51%
New
264
Increased
437
Reduced
384
Closed
87
Calls
$1.7B
Puts
$1.91B
Net Calls
-$211M
Net Calls Change
+$8.54M
Name Holding Trade Value Shares
Change
Change in
Stake
Vanguard Group
1
Vanguard Group
Pennsylvania
$4.45B +$37.5M +1,073,460 +0.9%
BlackRock
2
BlackRock
New York
$4.14B -$50.1M -1,434,177 -1%
Fidelity Investments
3
Fidelity Investments
Massachusetts
$3.9B +$109M +3,130,326 +3%
Capital Research Global Investors
4
Capital Research Global Investors
California
$3.06B +$329M +9,400,403 +13%
State Street
5
State Street
Massachusetts
$2.39B -$42.8M -1,223,704 -2%
Fisher Asset Management
6
Fisher Asset Management
Washington
$2.03B +$5.37M +153,694 +0.3%
JP Morgan Chase
7
JP Morgan Chase
New York
$1.62B +$213M +6,083,169 +17%
Geode Capital Management
8
Geode Capital Management
Massachusetts
$943M -$10.2M -291,205 -1%
Bank of New York Mellon
9
Bank of New York Mellon
New York
$763M +$57.9M +1,656,165 +9%
Northern Trust
10
Northern Trust
Illinois
$697M -$17.6M -504,685 -3%
Bank of America
11
Bank of America
North Carolina
$683M -$5.04M -144,094 -0.8%
Morgan Stanley
12
Morgan Stanley
New York
$628M +$26.3M +753,458 +5%
Amundi
13
Amundi
France
$611M +$57.2M +1,637,605 +14%
Ameriprise
14
Ameriprise
Minnesota
$602M +$19.5M +556,740 +4%
PI
15
Putnam Investments
Massachusetts
$541M +$33.2M +950,270 +7%
ClearBridge Investments
16
ClearBridge Investments
New York
$509M +$11.3M +322,894 +2%
PIF
17
Public Investment Fund
Saudi Arabia
$490M
Janus Henderson Group
18
Janus Henderson Group
United Kingdom
$487M -$457M -13,069,129 -51%
Diamond Hill Capital Management
19
Diamond Hill Capital Management
Ohio
$415M -$102M -2,923,967 -21%
Franklin Resources
20
Franklin Resources
California
$396M +$207M +5,916,905 +132%
Invesco
21
Invesco
Georgia
$384M +$93.3M +2,670,411 +36%
Capital World Investors
22
Capital World Investors
California
$383M +$7.75M +221,810 +2%
Neuberger Berman Group
23
Neuberger Berman Group
New York
$380M +$71M +2,032,476 +25%
N
24
Nuveen
North Carolina
$342M +$22M +628,368 +8%
Legal & General Group
25
Legal & General Group
United Kingdom
$323M -$4.46M -127,656 -1%

FCX Hedge Fund Activity: Q4 2022 in Review

1,245 of the 6,221 institutional investors tracked by Wall St. Rank reported a position in Freeport-McMoran (FCX) for Q4 2022, worth a combined $42.6B — up 39% from $30.6B a quarter earlier.

Buyers outnumbered sellers: 264 funds opened new FCX positions and 87 closed out — a net gain of 177 holders — while 437 added to existing stakes and 384 trimmed.

The largest buyer was Capital Research Global Investors, adding an estimated $329M. The largest seller was Janus Henderson Group, cutting an estimated $457M.

  • 1,245 institutional investors held Freeport-McMoran (FCX) as of Q4 2022, up from 1,089 in Q3 2022.
  • Funds reported $42.6B of Freeport-McMoran stock for Q4 2022, up 39% quarter-over-quarter.
  • 264 funds opened new Freeport-McMoran positions in Q4 2022 and 87 closed out, a net change of +177 holders.
  • The largest Freeport-McMoran buyer in Q4 2022 was Capital Research Global Investors, an estimated $329M added.
  • The largest Freeport-McMoran seller in Q4 2022 was Janus Henderson Group, an estimated $457M sold.

Based on aggregated 13F filings for Q4 2022.