Freeport-McMoRan Inc.
MX ˙ BMV ˙ US35671D8570
SecurityMX:FCX / Freeport-McMoRan Inc.
InstitutionClearbridge Investments, LLC
Latest Disclosed Ownership11,156,828 shares
Latest Disclosed Value $ 655,798,371
Clearbridge Investments, LLC reports 25.29% decrease in ownership of FCX / Freeport-McMoRan Inc.

On May 13, 2026 - Clearbridge Investments, LLC filed a 13F-HR form disclosing ownership of 11,156,828 shares of Freeport-McMoRan Inc. (MX:FCX) valued at $655,798,371 USD as of March 31, 2026. The entity filed a previous 13F-HR on February 11, 2026 disclosing 14,932,930 shares of Freeport-McMoRan Inc.. This represents a change in shares of -25.29% during the quarter.

Institutional Ownership: 13F and NPORT Filings

The Security and Class in the table below are shown exactly as filed by the investor. We do our best to track continuity of investments through acquisitions, and this will be reflected in the table as changes in names. In addition to descriptive data, performance of the investment is shown over time. To calculate quarterly performance, we first calculate cost basis of the shares purchased during the quarter, then use that to calculate gross profit. Quarterly return is Gross Profit / Starting Portfolio value.

Note that cost basis is calculated and stored in thousands, so small quarterly changes in shares frequently result in a cost basis of zero.

Upgrade to unlock premium data and export to Excel .

Disclosed Equity Positions (from 13F/NPORT Filings)
File
Date		 Effective
Date		Form Security Class ID Avg Price
Paid (Est)		 Reported
Shares		 ΔShares ΔShares
(%)		 Reported
Value
(x1000)		 ΔValue
(%)		 Alloc
(%)		 ΔAlloc ΔAlloc (%) Cost Basis
(x1000)		 Unrealized
Gain/Loss
(x1000)
2026-05-13 2026-03-31 13F Freeport-McMoRan CL B 35671D857 11,156,828 -3,776,102 -25.29 655,798 -13.53 0.5138
2026-02-11 2025-12-31 13F Freeport-McMoRan CL B 35671D857 14,932,930 -676,731 -4.34 758,444 23.89 0.6072
2025-11-13 2025-09-30 13F Freeport-McMoRan CL B 35671D857 15,609,661 -156,404 -0.99 612,211 -10.42 0.4610
2025-08-12 2025-06-30 13F Freeport-McMoRan CL B 35671D857 15,766,065 193,551 1.24 683,459 15.92 0.5549
2025-05-13 2025-03-31 13F Freeport-McMoRan CL B 35671D857 15,572,514 2,204,590 16.49 589,575 15.82 0.5151
2025-02-12 2024-12-31 13F Freeport-McMoRan CL B 35671D857 13,367,924 -41,386 -0.31 509,051 -23.95 0.4126
2024-11-12 2024-09-30 13F Freeport-McMoRan CL B 35671D857 13,409,310 -674,642 -4.79 669,393 -2.20 0.5264
2024-08-27 2024-06-30 13F/A-1 Freeport-McMoRan CL B 35671D857 14,083,952 -370,837 -2.57 684,480 0.71 0.5559
2024-08-14 2024-06-30 13F Freeport-McMoRan CL B 35671D857 14,083,952 -370,837 684,480 0.5598
2024-05-13 2024-03-31 13F Freeport-McMoRan CL B 35671D857 14,454,789 200,877 1.41 679,664 12.01 0.5388
2024-02-09 2023-12-31 13F Freeport-McMoRan CL B 35671D857 14,253,912 -581,485 -3.92 606,789 9.68 0.5220
2023-11-13 2023-09-30 13F Freeport-McMoRan CL B 35671D857 14,835,397 -33,180 -0.22 553,212 -6.98 0.5322
2023-08-11 2023-06-30 13F Freeport-McMoRan CL B 35671D857 14,868,577 369,882 2.55 594,743 0.27 0.5367
2023-05-12 2023-03-31 13F Freeport-McMoRan CL B 35671D857 14,498,695 1,093,483 8.16 593,142 16.44 0.5668
2023-02-10 2022-12-31 13F Freeport-McMoRan CL B 35671D857 13,405,212 322,894 2.47 509,398 42.47 0.5031
2022-11-14 2022-09-30 13F Freeport-McMoRan CL B 35671D857 13,082,318 1,254,844 10.61 357,540 3.31 0.3605
2022-08-11 2022-06-30 13F Freeport-McMoRan CL B 35671D857 11,827,474 2,385,605 25.27 346,072 -26.31 0.3225
2022-05-13 2022-03-31 13F Freeport-McMoRan CL B 35671D857 9,441,869 -819,930 -7.99 469,639 9.67 0.3529
2022-02-11 2021-12-31 13F Freeport-McMoRan CL B 35671D857 10,261,799 -179,198 -1.72 428,225 26.08 0.2917
2021-11-12 2021-09-30 13F Freeport-McMoRan CL B 35671D857 10,440,997 63,911 0.62 339,646 -11.80 0.2421
2021-08-13 2021-06-30 13F Freeport-McMoRan CL B 35671D857 10,377,086 -656,631 -5.95 385,094 5.99 0.2679
2021-05-13 2021-03-31 13F Freeport-McMoRan CL B 35671D857 11,033,717 -5,700,434 -34.06 363,340 -16.55 0.2709
2021-02-10 2020-12-31 13F Freeport-McMoRan CL B 35671D857 16,734,151 -1,674,319 -9.10 435,423 51.24 0.3363
2020-11-12 2020-09-30 13F Freeport-McMoRan CL B 35671D857 18,408,470 -3,240,670 -14.97 287,908 14.94 0.2475
2020-08-14 2020-06-30 13F FREEPORT-MCMORAN CL B 35671D857 21,649,140 -2,828,559 -11.56 250,481 51.60 0.2261
2020-05-22 2020-03-31 13F/A-1 FREEPORT-MCMORAN CL B 35671D857 24,477,699 -1,627,908 -6.24 165,224 -52.05 0.1791
2020-05-15 2020-03-31 13F FREEPORT-MCMORAN CL B 35671D857 24,477,699 -1,627,908 165,224 179,107.4514
2020-02-14 2019-12-31 13F FREEPORT-MCMORAN CL B 35671D857 26,105,607 -2,070,209 -7.35 344,594 27.80 0.2854
2019-11-14 2019-09-30 13F FREEPORT-MCMORAN CL B 35671D857 28,175,816 -1,836,988 -6.12 269,643 -22.62 0.2354
2019-08-14 2019-06-30 13F FREEPORT-MCMORAN CL B 35671D857 30,012,804 -2,058,124 -6.42 348,449 -15.71 0.3020
2019-05-15 2019-03-31 13F FREEPORT-MCMORAN CL B 35671D857 32,070,928 738,220 2.36 413,394 27.97 0.3652
2019-02-14 2018-12-31 13F FREEPORT-MCMORAN CL B 35671D857 31,332,708 -2,020,217 -6.06 323,040 -30.42 0.3268
2018-11-28 2018-09-30 13F/A-1 FREEPORT-MCMORAN CL B 35671D857 33,352,925 -2,521,219 -7.03 464,273 -25.02 0.3996
2018-11-14 2018-09-30 13F FREEPORT-MCMORAN CL B 35671D857 33,352,925 -2,521,219 464,273
2018-08-14 2018-06-30 13F FREEPORT-MCMORAN CL B 35671D857 35,874,144 -1,546,652 -4.13 619,188 -5.82 0.5069
2018-05-15 2018-03-31 13F FREEPORT-MCMORAN CL B 35671D857 37,420,796 -3,035,155 -7.50 657,483 -14.28 0.6204
2018-02-14 2017-12-31 13F FREEPORT-MCMORAN CL B 35671D857 40,455,951 -2,716,399 -6.29 767,045 26.55 0.7087
2017-11-14 2017-09-30 13F FREEPORT-MCMORAN CL B 35671D857 43,172,350 -4,270,911 -9.00 606,140 6.38 0.5830
2017-08-14 2017-06-30 13F FREEPORT-MCMORAN CL B 35671D857 47,443,261 -197,781 -0.42 569,794 -10.48 0.5600
2017-06-07 2017-03-31 13F/A-1 FREEPORT-MCMORAN CL B 35671D857 47,641,042 -2,657,653 -5.28 636,484 -4.06 0.6402
2017-05-15 2017-03-31 13F FREEPORT-MCMORAN CL B 35671D857 47,641,042 636,484
2017-02-14 2016-12-31 13F FREEPORT-MCMORAN CL B 35671D857 50,298,695 -5,592,837 -10.01 663,440 9.30 0.7292
2016-11-14 2016-09-30 13F FREEPORT-MCMORAN CL B 35671D857 55,891,532 1,728,937 3.19 606,982 0.60 0.6835
2016-08-15 2016-06-30 13F FREEPORT-MCMORAN CL B 35671D857 54,162,595 -2,133,147 -3.79 603,371 3.65 0.7130
2016-05-16 2016-03-31 13F FREEPORT-MCMORAN CL B 35671D857 56,295,742 9,622,143 20.62 582,098 84.22 0.6954
2016-02-16 2015-12-31 13F FREEPORT-MCMORAN CL B 35671D857 46,673,599 -2,008,569 -4.13 315,980 -33.02 0.3659
2015-11-16 2015-09-30 13F FREEPORT-MCMORAN CL B 35671D857 48,682,168 17,007,491 53.69 471,730 -20.02 0.5647
2015-08-17 2015-06-30 13F/A-1 FREEPORT-MCMORAN CL B 35671D857 31,674,677 353,632 1.13 589,782 -0.63 0.6237
2015-08-14 2015-06-30 13F FREEPORT-MCMORAN CL B 35671D857 31,674,677 589,782
2015-05-15 2015-03-31 13F FREEPORT-MCMORAN CL B 35671D857 31,321,045 12,544,025 66.81 593,534 35.32 0.6163
2015-02-17 2014-12-31 13F FREEPORT-MCMORAN CL B 35671D857 18,777,020 7,554,464 67.32 438,631 19.71 0.4614
2014-11-14 2014-09-30 13F FREEPORT-MCMORAN CL B 35671D857 11,222,556 689,559 6.55 366,416 -4.69 0.4034
2014-08-14 2014-06-30 13F FREEPORT-MCMORAN COPPER & GO COM 35671D857 10,532,997 269,155 2.62 384,454 13.27 0.4324
2014-05-15 2014-03-31 13F FREEPORT-MCMORAN COPPER & GO COM 35671D857 10,263,842 2,869,306 38.80 339,425 21.63 0.4029
2014-02-14 2013-12-31 13F FREEPORT-MCMORAN COPPER & GO COM 35671D857 7,394,536 612,030 9.02 279,070 24.38 0.3478
2013-11-14 2013-09-30 13F FREEPORT-MCMORAN COPPER & GO COM 35671D857 6,782,506 889,919 15.10 224,365 37.91 0.3133
2013-08-14 2013-06-30 13F FREEPORT-MCMORAN COPPER & GO COM 35671D857 5,892,587 5,892,587 162,695 0.2484
Legend
Shares
The total number of shares held by the institution at the end of the reporting period (the effective date). This is provided in the filing.
Value
The total value of the shares as of the effective date. This is provided in the filing.
Avg. Share Price
The weighted average share price of the shares held by the institution. We use FIFO accounting to determine this price
Class
This is the security class as indicated by the filer. There are a variety of values for this field. Common values include "EC" = equity common, "EP" - equity preferred
Allocation (%)
The percent of the institution's portfolio that this position represents. This is provided in NPORT filings. For 13F filings, we calculate it.
Change in Allocation
The change in allocation from the prior reporting period. This is calculated as current allocation - prior allocation.
Change in Allocation (%)
The percent change in allocation from the prior reporting period. This is calculated as (current allocation - prior allocation) / prior allocation.
Cost Basis
The total cost of the shares held. This is calculated as reported shares * avg. share price
Unrealized Gain/Loss
This is the market value of the position as of the effective date minus the cost basis.