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Freeport-McMoran

1,519 hedge funds and large institutions have $47B invested in Freeport-McMoran in 2025 Q3 according to their latest regulatory filings, with 167 funds opening new positions, 635 increasing their positions, 510 reducing their positions, and 148 closing their positions.

New
Increased
Maintained
Reduced
Closed

25% more repeat investments, than reductions

Existing positions increased: 635 | Existing positions reduced: 510

13% more call options, than puts

Call options by funds: $2.75B | Put options by funds: $2.43B

13% more first-time investments, than exits

New positions opened: 167 | Existing positions closed: 148

0% less funds holding

Funds holding: 1,5201,519 (-1)

1.65% less ownership

Funds ownership: 85.2%83.55% (-1.6%)

11% less capital invested

Capital invested by funds: $53.1B → $47B (-$6.09B)

42% less funds holding in top 10

Funds holding in top 10: 2615 (-11)

Holders
1,519
Holders Change
-1
Holders Change %
-0.07%
% of All Funds
19.94%
Holding in Top 10
15
Holding in Top 10 Change
-11
Holding in Top 10 Change %
-42.31%
% of All Funds
0.2%
New
167
Increased
635
Reduced
510
Closed
148
Calls
$2.75B
Puts
$2.43B
Net Calls
+$319M
Net Calls Change
+$315M
Name Holding Trade Value Shares
Change
Change in
Stake
Vanguard Group
1
Vanguard Group
Pennsylvania
$5.05B +$77.1M +1,776,241 +1%
BlackRock
2
BlackRock
New York
$4.18B +$28.8M +664,053 +0.6%
Fisher Asset Management
3
Fisher Asset Management
Washington
$2.48B +$39M +899,699 +1%
State Street
4
State Street
Massachusetts
$2.45B +$30M +690,736 +1%
Capital Research Global Investors
5
Capital Research Global Investors
California
$1.65B -$828M -19,097,791 -31%
Wellington Management Group
6
Wellington Management Group
Massachusetts
$1.43B +$1.04B +23,950,557 +191%
Bank of America
7
Bank of America
North Carolina
$1.4B -$150M -3,459,143 -9%
Geode Capital Management
8
Geode Capital Management
Massachusetts
$1.23B +$10.7M +245,737 +0.8%
Morgan Stanley
9
Morgan Stanley
New York
$1.22B +$31.8M +733,039 +2%
Franklin Resources
10
Franklin Resources
California
$1.12B -$283M -6,529,241 -19%
Bank of New York Mellon
11
Bank of New York Mellon
New York
$850M +$18.9M +435,963 +2%
Fidelity Investments
12
Fidelity Investments
Massachusetts
$756M -$121M -2,784,310 -13%
T. Rowe Price Associates
13
T. Rowe Price Associates
Maryland
$680M -$873M -20,136,132 -54%
UBS Group
14
UBS Group
Switzerland
$630M +$148M +3,407,455 +27%
ClearBridge Investments
15
ClearBridge Investments
New York
$612M -$6.78M -156,404 -1%
Northern Trust
16
Northern Trust
Illinois
$599M -$15.4M -354,689 -2%
JP Morgan Chase
17
JP Morgan Chase
New York
$591M -$89.7M -2,067,429 -12%
Victory Capital Management
18
Victory Capital Management
Texas
$528M -$262M -6,038,858 -31%
Dimensional Fund Advisors
19
Dimensional Fund Advisors
Texas
$517M +$7.23M +166,748 +1%
Millennium Management
20
Millennium Management
New York
$485M +$510M +11,755,529 +1,901%
DZ Bank
21
DZ Bank
Germany
$478M -$234M -5,389,975 -31%
Capital International Investors
22
Capital International Investors
California
$452M +$81.8M +1,885,916 +20%
Ameriprise
23
Ameriprise
Minnesota
$440M +$28.2M +650,483 +6%
Goldman Sachs
24
Goldman Sachs
New York
$435M +$25.4M +584,959 +6%
Arrowstreet Capital
25
Arrowstreet Capital
Massachusetts
$394M -$14M -323,501 -3%

FCX Hedge Fund Activity: Q3 2025 in Review

1,519 of the 7,619 institutional investors tracked by Wall St. Rank reported a position in Freeport-McMoran (FCX) for Q3 2025, worth a combined $47B — down 11% from $53.1B a quarter earlier.

Buyers outnumbered sellers: 167 funds opened new FCX positions and 148 closed out — a net gain of 19 holders — while 635 added to existing stakes and 510 trimmed.

The largest buyer was Wellington Management Group, adding an estimated $1.04B. The largest seller was Capital World Investors, cutting an estimated $1.05B.

  • 1,519 institutional investors held Freeport-McMoran (FCX) as of Q3 2025, down from 1,520 in Q2 2025.
  • Funds reported $47B of Freeport-McMoran stock for Q3 2025, down 11% quarter-over-quarter.
  • 167 funds opened new Freeport-McMoran positions in Q3 2025 and 148 closed out, a net change of +19 holders.
  • The largest Freeport-McMoran buyer in Q3 2025 was Wellington Management Group, an estimated $1.04B added.
  • The largest Freeport-McMoran seller in Q3 2025 was Capital World Investors, an estimated $1.05B sold.

Based on aggregated 13F filings for Q3 2025.