13FPulse
中
FC

FCX FREEPORT-MCMORAN INC

2026Q2 · CUSIP 35671D857 · Sector: Materials

Funds left

Funds are exiting, but the price is holding

Funds that own it
1,842
Institutions that reported holding it to the SEC
Net decrease in holders
9
Last quarter 1,851 → now 1,842
How unusual is that
Bottom 20%
Stronger than only 14% of US stocks
What the filings say, in one paragraph

1,842 funds held FCX at the end of 2026Q2, down 9 from the quarter before. Buying has faded, though the price is holding up. On the business itself, revenue over the last 12 months was $25.9B(YoY +0.2%), the P/E is 36.2x, return on equity is 24.7%. FCX has had 22 buying rushes in its history, and the price moved +13.1% on average over the six months after (that is the raw price move, not how much it beat the market by). It sits in the Materials sector.

How many funds owned it, quarter by quarter

Bars = net change in institutional holders, positive (green) or negative (red). Line = total institutional holders.

2013Q3: holders=848 2013Q4: holders=907 2014Q1: holders=885 2014Q2: holders=889 2014Q3: holders=865 2014Q4: holders=815 2015Q1: holders=744 2015Q2: holders=713 2015Q3: holders=687 2015Q4: holders=674 2016Q1: holders=640 2016Q2: holders=627 2016Q3: holders=637 2016Q4: holders=702 2017Q1: holders=703 2017Q2: holders=660 2017Q3: holders=689 2017Q4: holders=712 2018Q1: holders=773 2018Q2: holders=748 2018Q3: holders=744 2018Q4: holders=748 2019Q1: holders=728 2019Q2: holders=679 2019Q3: holders=655 2019Q4: holders=692 2020Q1: holders=655 2020Q2: holders=687 2020Q3: holders=731 2020Q4: holders=902 2021Q1: holders=992 2021Q2: holders=1088 2021Q3: holders=1017 2021Q4: holders=1145 2022Q1: holders=1246 2022Q2: holders=1113 2022Q3: holders=1077 2022Q4: holders=1233 2023Q1: holders=1279 2023Q2: holders=1288 2023Q3: holders=1290 2023Q4: holders=1415 2024Q1: holders=1453 2024Q2: holders=1523 2024Q3: holders=1529 2024Q4: holders=1479 2025Q1: holders=1448 2025Q2: holders=1522 2025Q3: holders=1515 2025Q4: holders=1708 2026Q1: holders=1851 2026Q2: holders=1842 -193 -96.5 +0 +96.5 +193 56412541944 13Q315Q116Q318Q119Q321Q122Q324Q125Q326Q2 Net change in holders (bars) Total funds holding (line)

What happened after each past buying rush 22 times in its history

Quarter of the rush How unusual then Price, next 3 months Price, next 6 months
2026Q1 Top 1% in the market — —
2025Q4 Top 5% -2.5% —
2025Q2 Top 5% -3.5% +50.7%
2024Q2 Top 5% -0.1% -10.6%
2024Q1 Top 10% -18.2% -20.8%
2023Q4 Top 5% +40.1% +14.6%
2023Q1 Top 5% +11.0% +1.3%
2022Q4 Top 1% in the market -16.3% -8.5%

These are the raw price moves, not how much it beat the market by. Compare them against the market over the same months — in a strong bull market almost everything is up.

Show all the numbers (large funds, value held, options…) ▾
Of them, large funds
354
Change in large funds
+28
Total value they hold
$77.7B
Funds buying for the first time
191
Funds that sold out entirely
200
Price change that quarter
+22.5%
Funds holding puts (bearish)
50
Funds holding calls (bullish)
63

These are for people who want to dig. Skip them if they do not mean anything to you — the three numbers above are enough.

8,697 institutions have filed for this quarter. 13F permits late filing and a small number arrive in the weeks after the deadline, so the holder counts and changes below may tick up.

Fundamentals

PE (TTM)
36.2
EPS (TTM)
$2.04
EPS YoY
+53.4%
Revenue (TTM)
$25.9B
Revenue YoY
+0.2%
Net margin
19.2%
ROE
24.7%
Debt ratio
46.1%
FCF (TTM)
—
Dividend (TTM)
$0.60
Quarterly Revenue & EPS
2021-09-30: EPS 0.94 2021-12-31: EPS 0.75 2022-03-31: EPS 1.04 2022-06-30: EPS 0.57 2022-09-30: EPS 0.28 2022-12-31: EPS 0.50 2023-03-31: EPS 0.46 2023-06-30: EPS 0.23 2023-09-30: EPS 0.31 2023-12-31: EPS 0.28 2024-03-31: EPS 0.32 2024-06-30: EPS 0.42 2024-09-30: EPS 0.36 2024-12-31: EPS 0.20 2025-03-31: EPS 0.24 2025-06-30: EPS 0.53 2025-09-30: EPS 0.46 2025-12-31: EPS 0.29 2026-03-31: EPS 0.61 2026-06-30: EPS 0.68 0B 3.8B 7.6B $B 0.00 0.57 1.14 20212022202320242025202606/26 Revenue EPS

Quarterly figures, revenue up to 10 years back; EPS split-adjusted, early quarters hidden when not calibrable

P/E (TTM) over time
4Y median 30 8 28 49 20222023202420252026

P/E = close around day 47 after quarter-end ÷ TTM EPS then; this is a consistent valuation date, not the company’s actual filing date; loss quarters hidden

Quarterly free cash flow
-648M657M2.0B 20162017201820192020202120222023202420252026
Latest quarter $522M (2026-03-31)

FCF = operating cash flow − capex, computed from SEC XBRL; banks/insurers have no standard cash-flow structure and are hidden

As of 2026-06-30 · SEC filings (XBRL)

Email me the next update

2026 Q3 holdings are due 2026-11-16. We will email you when the refreshed lists are live.