Freeport-McMoran
1,527 hedge funds and large institutions have $58.1B invested in Freeport-McMoran in 2024 Q2 according to their latest regulatory filings, with 197 funds opening new positions, 637 increasing their positions, 494 reducing their positions, and 108 closing their positions.
82% more first-time investments, than exits
New positions opened: 197 | Existing positions closed: 108
29% more repeat investments, than reductions
Existing positions increased: 637 | Existing positions reduced: 494
20% more call options, than puts
Call options by funds: $2.54B | Put options by funds: $2.11B
20% more capital inflows, than outflows
Capital inflows: $5.84B | Capital outflows: $4.87B
5% more funds holding
Funds holding: 1,459 → 1,527 (+68)
0.96% more ownership
Funds ownership: 82.28% → 83.25% (+0.96%)
30% less funds holding in top 10
Funds holding in top 10: 47 → 33 (-14)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$864M |
| 2 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$454M |
| 3 |
JP Morgan Chase
New York
|
+$367M |
| 4 |
DZ Bank
Frankfurt Am Main,
Germany
|
+$360M |
| 5 |
Capital World Investors
Los Angeles,
California
|
+$338M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Janus Henderson Group
London,
|
-$354M |
| 2 |
Amundi
Paris,
France
|
-$292M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$267M |
| 4 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$243M |
| 5 |
Castle Hook Partners
New York
|
-$235M |
FCX Hedge Fund Activity: Q2 2024 in Review
1,527 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Freeport-McMoran (FCX) for Q2 2024, worth a combined $58.1B — up 4.7% from $55.5B a quarter earlier.
Buyers outnumbered sellers: 197 funds opened new FCX positions and 108 closed out — a net gain of 89 holders — while 637 added to existing stakes and 494 trimmed.
The largest buyer was Bank of America, adding an estimated $864M. The largest seller was Janus Henderson Group, cutting an estimated $354M.
- 1,527 institutional investors held Freeport-McMoran (FCX) as of Q2 2024, up from 1,459 in Q1 2024.
- Funds reported $58.1B of Freeport-McMoran stock for Q2 2024, up 4.7% quarter-over-quarter.
- 197 funds opened new Freeport-McMoran positions in Q2 2024 and 108 closed out, a net change of +89 holders.
- The largest Freeport-McMoran buyer in Q2 2024 was Bank of America, an estimated $864M added.
- The largest Freeport-McMoran seller in Q2 2024 was Janus Henderson Group, an estimated $354M sold.
Based on aggregated 13F filings for Q2 2024.