Howard Marks's FCX Position Overview
Howard Marks (via Oaktree Capital Management Lp) currently holds 1.5M shares of Freeport-McMoRan Inc. (FCX) worth $59.02 M, representing 0.91% of the portfolio. First purchased in 2021-Q3, this medium-term investment has been held for 17 quarters.
Based on 13F filings, Howard Marks has maintained a strategic position in FCX, demonstrating sustained confidence in this investment. Largest addition occurred in Q1 2025, adding 428.1K shares. Largest reduction occurred in Q4 2024, reducing 662.2K shares.
Analysis based on 13F filings available since 2013 Q2
Howard Marks's Freeport-McMoRan (FCX) Holding Value Over Time
Track share changes against reported price movement
Quarterly Freeport-McMoRan (FCX) Trades by Howard Marks
| Period | Bought/Sold (Sh.) | % Change | Qtr. End Shares | Reported Price |
|---|---|---|---|---|
| Q3 2021 | +1.83 M | New Buy | 1.83 M | $32.53 |
| Q4 2021 | +151,908 | Add 8.28% | 1.99 M | $41.73 |
| Q1 2022 | +26,000 | Add 1.31% | 2.01 M | $49.74 |
| Q2 2022 | +399,700 | Add 19.87% | 2.41 M | $29.26 |
| Q3 2022 | +41,802 | Add 1.73% | 2.45 M | $27.33 |
| Q4 2022 | +126,464 | Add 5.16% | 2.58 M | $38.00 |
| Q1 2023 | +113,281 | Add 4.39% | 2.69 M | $40.91 |
| Q2 2023 | -64,900 | Reduce 2.41% | 2.63 M | $40.00 |
| Q3 2023 | +78,500 | Add 2.99% | 2.71 M | $37.29 |
| Q4 2023 | +211,608 | Add 7.82% | 2.92 M | $42.57 |
| Q1 2024 | +55,800 | Add 1.91% | 2.97 M | $47.02 |
| Q2 2024 | -555,806 | Reduce 18.69% | 2.42 M | $48.60 |
| Q3 2024 | +7,332 | Add 0.30% | 2.43 M | $49.92 |
| Q4 2024 | -662,236 | Reduce 27.31% | 1.76 M | $38.08 |
| Q1 2025 | +428,105 | Add 24.28% | 2.19 M | $37.86 |
| Q2 2025 | -195,033 | Reduce 8.90% | 2 M | $43.35 |
| Q3 2025 | -491,210 | Reduce 24.61% | 1.5 M | $39.22 |
Howard Marks's Freeport-McMoRan Investment FAQs
Howard Marks first purchased Freeport-McMoRan Inc. (FCX) in Q3 2021, acquiring 1,833,550 shares, as reported in their 13F filing for that period. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.
Howard Marks has held Freeport-McMoRan Inc. (FCX) for 17 quarters since Q3 2021. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.
Howard Marks's largest addition to Freeport-McMoRan Inc. (FCX) was in Q3 2021, adding 1,833,550 shares worth $59.64 M. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.
According to the latest 13F filing for Q3 2025, Howard Marks's firm, Oaktree Capital Management Lp, owns 1,504,865 shares of Freeport-McMoRan Inc. (FCX), valued at approximately $59.02 M. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.
As of the Q3 2025 filing, Freeport-McMoRan Inc. (FCX) represents approximately 0.91% of Howard Marks's publicly disclosed stock portfolio, making it one of their key holdings. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.
Howard Marks's peak holding in Freeport-McMoRan Inc. (FCX) was 2,973,713 shares, as reported at the end of Q1 2024. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.