Freeport-mcmoran Inc (FCX) Quarterly Institutional 13F Update (Q2 2026)

FCX ranks #153 out of 37696 tracked stocks by institutional interest — one of the most closely watched names in our coverage.

FCX is a top-conviction position for Crake Asset Management LLP — at 14.0% of their entire disclosed 13F portfolio, it's one of their largest single bets, not just a passing allocation.

The largest dollar stake in FCX belongs to BlackRock, Inc., but the position matters far more to Crake Asset Management LLP, who has 14.0% of their own portfolio riding on it — a reminder that the biggest holder by size and the holder with the biggest bet aren't always the same fund.

Ninety One UK Ltd has added to its FCX position for two straight quarters, increasing it by $60.9M to reach $330.4M today.

Artemis Investment Management LLP has trimmed its FCX position for two straight quarters, cutting it by $85.5M while still holding $81.0M.

FCX is down 3.9% today, but institutions show net buying of $10.7B this quarter — a divergence between today's price move and the underlying institutional flow.

FCX posted net income of $3.5B over the trailing twelve months, and currently trades at a P/E of 29.0.

• Profitable — net income of $3.5B over the trailing twelve months
• Revenue declined 1.6% year over year
• Generated $5.6B in positive operating cash flow
• Current ratio of 2.29x — enough short-term assets to cover short-term liabilities
• Liabilities run 1.45x equity — within a conventional range