Freeport-McMoRan Inc.
US ˙ NYSE ˙ US35671D8570

SecurityFCX / Freeport-McMoRan Inc.
InstitutionBLACKROCK NATURAL RESOURCES TRUST - BLACKROCK NATURAL RESOURCES TRUST Investor A
Latest Disclosed Ownership157,692 shares
Latest Disclosed Value $ 6,345,526
BLACKROCK NATURAL RESOURCES TRUST - BLACKROCK NATURAL RESOURCES TRUST Investor A reports 110.80% increase in ownership of FCX / Freeport-McMoRan Inc.

On September 24, 2025 - BLACKROCK NATURAL RESOURCES TRUST - BLACKROCK NATURAL RESOURCES TRUST Investor A filed a NPORT-P form disclosing ownership of 157,692 shares of Freeport-McMoRan Inc. (US:FCX) valued at $6,345,526 USD as of July 31, 2025. The entity filed a previous NPORT-P on June 26, 2025 disclosing 74,808 shares of Freeport-McMoRan Inc.. This represents a change in shares of 110.80% during the quarter. The current value of the position is $9,627,097 USD.

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)
2025-09-24 2025-07-31 NP Freeport-McMoRan EC US35671D8570 157,692 82,884 110.80 6,346 135.44 4.4301
2025-06-26 2025-04-30 NP Freeport-McMoRan EC US35671D8570 74,808 25,462 51.60 2,695 52.35 1.9216
2025-03-27 2025-01-31 NP Freeport-McMoRan EC US35671D8570 49,346 -19,709 -28.54 1,769 -43.08 1.1853
2024-12-26 2024-10-31 NP Freeport-McMoRan EC US35671D8570 69,055 20,787 43.07 3,109 41.85 1.7977
2024-09-27 2024-07-31 NP Freeport-McMoRan EC US35671D8570 48,268 -128,680 -72.72 2,192 -75.20 1.1995
2024-06-27 2024-04-30 NP Freeport-McMoRan EC US35671D8570 176,948 -18,770 -9.59 8,837 13.75 4.6370
2024-03-27 2024-01-31 NP Freeport-McMoRan EC US35671D8570 195,718 38,073 24.15 7,768 45.88 4.1012
2023-12-27 2023-10-31 NP Freeport-McMoRan EC US35671D8570 157,645 70,730 81.38 5,325 37.24 2.3320
2023-09-26 2023-07-31 NP Freeport-McMoRan EC US35671D8570 86,915 -47,751 -35.46 3,881 -24.00 1.4855
2023-06-27 2023-04-30 NP Freeport-McMoRan EC US35671D8570 134,666 -70,414 -34.33 5,105 -44.21 1.7658
2023-03-29 2023-01-31 NP Freeport-McMoRan EC US35671D8570 205,080 -44,396 -17.80 9,151 15.75 3.2525
2022-12-27 2022-10-31 NP Freeport-McMoRan EC US35671D8570 249,476 37,723 17.81 7,906 18.34 3.2308
2022-09-27 2022-07-31 NP Freeport-McMoRan EC US35671D8570 211,753 175,868 490.09 6,681 359.11 2.7261
2022-06-27 2022-04-30 NP Freeport-McMoRan EC US35671D8570 35,885 -11,202 -23.79 1,455 -16.95 0.5349
2022-03-29 2022-01-31 NP Freeport-McMoRan EC US35671D8570 47,087 -16,785 -26.28 1,753 -27.27 0.8507
2021-12-28 2021-10-31 NP Freeport-McMoRan EC US35671D8570 63,872 1,951 3.15 2,409 2.12 1.2603
2021-09-28 2021-07-31 NP Freeport-McMoRan EC US35671D8570 61,921 -61,559 -49.85 2,359 -49.33 1.3564
2021-06-28 2021-04-30 NP Freeport-McMoRan EC US35671D8570 123,480 -11,445 -8.48 4,656 28.26 2.7513
2021-03-31 2021-01-31 NP Freeport-McMoRan EC US35671D8570 134,925 -7,703 -5.40 3,631 46.79 2.6545
2020-12-28 2020-10-31 NP Freeport-McMoRan EC US35671D8570 142,628 10,577 8.01 2,473 44.96 2.3613
2020-09-28 2020-07-31 NP Freeport-McMoRan EC US35671D8570 132,051 3,035 2.35 1,706 49.78 1.4664
2020-06-26 2020-04-30 NP Freeport-McMoRan EC US35671D8570 129,016 -5,760 -4.27 1,139 -23.86 1.0669
2020-03-27 2020-01-31 NP Freeport-McMoRan EC US35671D8570 134,776 134,776 1,496 1.1270
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.