Freeport-McMoran
1,427 hedge funds and large institutions have $49.4B invested in Freeport-McMoran in 2023 Q4 according to their latest regulatory filings, with 223 funds opening new positions, 531 increasing their positions, 509 reducing their positions, and 76 closing their positions.
193% more first-time investments, than exits
New positions opened: 223 | Existing positions closed: 76
69% more capital inflows, than outflows
Capital inflows: $3B | Capital outflows: $1.77B
40% more funds holding in top 10
Funds holding in top 10: 20 → 28 (+8)
10% more funds holding
Funds holding: 1,296 → 1,427 (+131)
2.18% more ownership
Funds ownership: 78.72% → 80.9% (+2.2%)
4% more repeat investments, than reductions
Existing positions increased: 531 | Existing positions reduced: 509
0% less call options, than puts
Call options by funds: $2.09B | Put options by funds: $2.1B
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Neuberger Berman Group
New York
|
+$224M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$217M |
| 3 |
Boston Partners
Boston,
Massachusetts
|
+$196M |
| 4 |
VOYA Investment Management
Atlanta,
Georgia
|
+$169M |
| 5 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$165M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$193M |
| 2 |
Invesco
Atlanta,
Georgia
|
-$111M |
| 3 |
Toronto Dominion Bank
Toronto, Ontario,
Ontario, Canada
|
-$108M |
| 4 |
JP Morgan Chase
New York
|
-$95.3M |
| 5 |
Bank of New York Mellon
New York
|
-$73.9M |
FCX Hedge Fund Activity: Q4 2023 in Review
1,427 of the 6,877 institutional investors tracked by Wall St. Rank reported a position in Freeport-McMoran (FCX) for Q4 2023, worth a combined $49.4B — up 17% from $42.1B a quarter earlier.
Buyers outnumbered sellers: 223 funds opened new FCX positions and 76 closed out — a net gain of 147 holders — while 531 added to existing stakes and 509 trimmed.
The largest buyer was Neuberger Berman Group, adding an estimated $224M. The largest seller was Fidelity Investments, cutting an estimated $193M.
- 1,427 institutional investors held Freeport-McMoran (FCX) as of Q4 2023, up from 1,296 in Q3 2023.
- Funds reported $49.4B of Freeport-McMoran stock for Q4 2023, up 17% quarter-over-quarter.
- 223 funds opened new Freeport-McMoran positions in Q4 2023 and 76 closed out, a net change of +147 holders.
- The largest Freeport-McMoran buyer in Q4 2023 was Neuberger Berman Group, an estimated $224M added.
- The largest Freeport-McMoran seller in Q4 2023 was Fidelity Investments, an estimated $193M sold.
Based on aggregated 13F filings for Q4 2023.