Freeport-McMoRan Inc.
MX ˙ BMV ˙ US35671D8570
SecurityMX:FCX / Freeport-McMoRan Inc.
InstitutionFisher Asset Management, LLC
Latest Disclosed Ownership65,089,606 shares
Latest Disclosed Value $ 3,825,967,082
Fisher Asset Management, LLC reports 1.89% increase in ownership of FCX / Freeport-McMoRan Inc.

On May 5, 2026 - Fisher Asset Management, LLC filed a 13F-HR form disclosing ownership of 65,089,606 shares of Freeport-McMoRan Inc. (MX:FCX) valued at $3,825,967,082 USD as of March 31, 2026. The entity filed a previous 13F-HR on February 9, 2026 disclosing 63,880,757 shares of Freeport-McMoRan Inc.. This represents a change in shares of 1.89% 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.

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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)
2026-05-05 2026-03-31 13F FREEPORT MCMORAN COM 35671D857 65,089,606 1,208,849 1.89 3,825,967 17.92 1.2974
2026-02-09 2025-12-31 13F FREEPORT MCMORAN COM 35671D857 63,880,757 622,343 0.98 3,244,504 30.77 1.1074
2025-11-12 2025-09-30 13F FREEPORTMCMORAN COM 35671D857 63,258,414 899,699 1.44 2,480,995 -8.22 0.8980
2025-08-13 2025-06-30 13F FREEPORT-MCMORAN COM 35671D857 62,358,715 1,926,493 3.19 2,703,250 18.15 1.0732
2025-05-14 2025-03-31 13F FREEPORT MCMORAN COM 35671D857 60,432,222 1,067,502 1.80 2,287,964 1.21 0.9905
2025-02-05 2024-12-31 13F FREEPORT MCMORAN COM 35671D857 59,364,720 -44,675 -0.08 2,260,609 -23.78 0.8995
2024-11-12 2024-09-30 13F FREEPORT MCMORAN COM 35671D857 59,409,395 1,392,494 2.40 2,965,717 5.18 1.2153
2024-08-14 2024-06-30 13F FREEPORT MCMORAN COM 35671D857 58,016,901 1,386,953 2.45 2,819,621 5.89 1.2267
2024-05-09 2024-03-31 13F FREEPORT MCMORAN COM 35671D857 56,629,948 973,112 1.75 2,662,740 12.38 1.2436
2024-03-05 2023-12-31 13F/A-1 FREEPORT MCMORAN COM 35671D857 55,656,836 976,592 1.79 2,369,312 16.20 1.2528
2024-02-06 2023-12-31 13F FREEPORT MCMORAN COM 35671D857 55,710,695 1,030,451 2,371,604 1.1677
2023-11-13 2023-09-30 13F FREEPORT MCMORAN COM 35671D857 54,680,244 -148,955 -0.27 2,039,026 -7.03 1.1564
2023-12-12 2023-06-30 13F/A-1 FREEPORT MCMORAN COM 35671D857 54,829,199 932,329 1.73 2,193,168 -0.53 1.2125
2023-08-08 2023-06-30 13F FREEPORT MCMORAN COM 35671D857 54,842,377 895,617 2,194 1.2121
2023-12-12 2023-03-31 13F/A-1 FREEPORT MCMORAN COM 35671D857 53,896,870 576,110 1.08 2,204,921 108,731.19 1.3391
2023-05-01 2023-03-31 13F FREEPORT MCMORAN COM 35671D857 53,946,760 626,000 2,207 1.3365
2023-02-03 2022-12-31 13F FREEPORT MCMORAN COM 35671D857 53,320,760 153,694 0.29 2,026 -99.86 1.3697
2022-11-08 2022-09-30 13F FREEPORT MCMORAN COM 35671D857 53,167,066 1,099,150 2.11 1,453,056 -4.62 1.0892
2022-08-09 2022-06-30 13F FREEPORT-MCMORAN COM 35671D857 52,067,916 1,317,415 2.60 1,523,507 -39.65 1.0782
2022-05-05 2022-03-31 13F FREEPORT MCMORAN COM 35671D857 50,750,501 1,897,056 3.88 2,524,330 23.82 1.4893
2022-02-02 2021-12-31 13F FREEPORT-MCMORAN COM 35671D857 48,853,445 1,864,521 3.97 2,038,654 33.37 1.1417
2021-10-26 2021-09-30 13F FREEPORT-MCMORAN COM 35671D857 46,988,924 1,389,212 3.05 1,528,550 -9.67 0.9494
2021-07-27 2021-06-30 13F FREEPORT-MCMORAN COM 35671D857 45,599,712 1,301,128 2.94 1,692,205 16.00 1.0625
2021-04-27 2021-03-31 13F FREEPORT-MCMORAN COM 35671D857 44,298,584 1,440,759 3.36 1,458,752 30.81 1.0276
2021-01-29 2020-12-31 13F FREEPORT-MCMORAN COM 35671D857 42,857,825 2,403,986 5.94 1,115,161 76.25 0.8355
2020-11-12 2020-09-30 13F/A-1 FREEPORT-MCMORAN COM 35671D857 40,453,839 866,116 2.19 632,698 38.13 0.5537
2020-11-10 2020-09-30 13F FREEPORT-MCMORAN COM 35671D857 40,453,839 866,116 632,698 537,269.7255
2020-08-07 2020-06-30 13F FREEPORT-MCMORAN COM 35671D857 39,587,723 1,315,287 3.44 458,030 77.30 0.4470
2020-04-28 2020-03-31 13F FREEPORT-MCMORAN COM 35671D857 38,272,436 654,899 1.74 258,339 -47.66 0.3204
2020-02-12 2019-12-31 13F FREEPORT-MCMORAN COM 35671D857 37,617,537 -1,205,373 -3.10 493,542 32.84 0.4987
2019-10-29 2019-09-30 13F FREEPORT-MCMORAN COM 35671D857 38,822,910 9,381,370 31.86 371,535 8.69 0.4077
2019-07-30 2019-06-30 13F FREEPORT-MCMORAN COM 35671D857 29,441,540 -4,923,758 -14.33 341,816 -22.84 0.3779
2019-04-22 2019-03-31 13F/A-1 FREEPORT-MCMORAN COM 35671D857 34,365,298 1,986,846 6.14 442,969 32.70 0.5193
2019-04-22 2019-03-31 13F FREEPORT-MCMORAN COM 35671D857 32,378,452 0 333,822
2019-01-25 2018-12-31 13F FREEPORT-MCMORAN COM 35671D857 32,378,452 121,884 0.38 333,822 -25.65 0.4559
2018-10-23 2018-09-30 13F FREEPORT-MCMORAN COM 35671D857 32,256,568 17,780,072 122.82 449,011 79.70 0.5451
2018-07-09 2018-06-30 13F FREEPORT-MCMORAN COM 35671D857 14,476,496 14,433,177 33,318.35 249,864 32,733.64 0.3244
2018-04-20 2018-03-31 13F/A-1 FREEPORT-MCMORAN COM 35671D857 43,319 43,319 761 0.0009
2018-04-19 2018-03-31 13F FREEPORT-MCMORAN COM 35671D857 43,319 43,319 761
2017-10-17 2017-09-30 13F FREEPORT-MCMORAN COM 35671D857 0 -10,168 -100.00 0 -100.00
2017-07-12 2017-06-30 13F FREEPORT-MCMORAN COM 35671D857 10,168 10,168 122 0.0002
2015-01-29 2014-12-31 13F FREEPORT-MCMORAN COM 35671D857 0 -9,124 -100.00 0 -100.00
2014-10-20 2014-09-30 13F FREEPORT-MCMORAN COM 35671D857 9,124 -3,716 -28.94 298 -36.46 0.0006
2014-07-25 2014-06-30 13F FREEPORT-MCMORAN COM 35671D857 12,840 1,244 10.73 469 22.45 0.0010
2014-04-22 2014-03-31 13F FREEPORT-MCMORAN COPPER& GOLD COM 35671D857 11,596 -1,840 -13.69 383 -24.46 0.0009
2014-01-16 2013-12-31 13F/A-1 FREEPORT-MCMORAN COPPER& GOLD COM 35671D857 13,436 -744 -5.25 507 8.10 0.0011
2014-01-14 2013-12-31 13F FREEPORT-MCMORAN COPPER& GOLD COM 35671D857 13,436 507
2013-10-18 2013-09-30 13F FREEPORT-MCMORAN COPPER& GOLD COM 35671D857 14,180 -7,132 -33.46 469 -20.24 0.0012
2013-07-16 2013-06-30 13F FREEPORT-MCMORAN COPPER& GOLD COM 35671D857 21,312 21,312 588 0.0015
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.