Jeremy Grantham's FCX Position Overview
Jeremy Grantham (via Grantham, Mayo, Van Otterloo & Co. LLC) currently holds 573,082 shares of Freeport-McMoRan Inc. (FCX) worth $22.48 M, representing 0.06% of the portfolio. First purchased in 2013-Q2, this long-term strategic position has been held for 50 quarters.
Based on 13F filings since 2013, Jeremy Grantham has maintained a long-term strategic position in FCX, representing a significant commitment to this investment thesis. Largest addition occurred in Q1 2020, adding 1.51 M shares. Largest reduction occurred in Q3 2020, reducing 3.04 M shares.
Analysis based on 13F filings available since 2013 Q2
Jeremy Grantham's Freeport-McMoRan (FCX) Holding Value Over Time
Track share changes against reported price movement
Quarterly Freeport-McMoRan (FCX) Trades by Jeremy Grantham
| Period | Bought/Sold (Sh.) | % Change | Qtr. End Shares | Reported Price |
|---|---|---|---|---|
| Q2 2013 | +653,751 | Add 0.00% | 653,750 | $27.61 |
| Q3 2013 | -549,950 | Reduce 84.12% | 103,800 | $33.08 |
| Q4 2013 | +1,100 | Add 1.06% | 104,900 | $37.74 |
| Q1 2014 | -61,100 | Reduce 58.25% | 43,800 | $33.06 |
| Q2 2014 | -43,800 | Sold Out | 43,800 | $0.00 |
| Q3 2014 | +7,400 | New Buy | 7,400 | $32.70 |
| Q4 2014 | -7,400 | Sold Out | 7,400 | $0.00 |
| Q1 2015 | +34,500 | New Buy | 34,500 | $18.96 |
| Q2 2015 | +39,300 | Add 113.91% | 73,800 | $18.62 |
| Q3 2015 | +234,400 | Add 317.62% | 308,200 | $9.69 |
| Q4 2015 | +88,344 | Add 28.66% | 396,544 | $6.77 |
| Q1 2016 | +178,800 | Add 45.09% | 575,344 | $10.34 |
| Q3 2016 | -177,600 | Reduce 30.87% | 397,744 | $10.86 |
| Q4 2016 | -17,100 | Reduce 4.30% | 380,644 | $13.19 |
| Q1 2017 | +71,410 | Add 18.76% | 452,054 | $13.36 |
| Q2 2017 | +38,551 | Add 8.53% | 490,605 | $12.01 |
| Q3 2017 | +279,000 | Add 56.87% | 769,605 | $14.04 |
| Q4 2017 | +143,700 | Add 18.67% | 913,305 | $18.96 |
| Q1 2018 | +144,100 | Add 15.78% | 1.06 M | $17.57 |
| Q2 2018 | +824,000 | Add 77.93% | 1.88 M | $17.26 |
| Q3 2018 | +1.21 M | Add 64.30% | 3.09 M | $13.92 |
| Q4 2018 | +952,100 | Add 30.80% | 4.04 M | $10.31 |
| Q1 2019 | -86,000 | Reduce 2.13% | 3.96 M | $12.89 |
| Q2 2019 | +813,043 | Add 20.55% | 4.77 M | $11.61 |
| Q3 2019 | +544,810 | Add 11.42% | 5.32 M | $9.57 |
| Q4 2019 | -1 M | Reduce 18.90% | 4.31 M | $13.12 |
| Q1 2020 | +1.51 M | Add 35.12% | 5.82 M | $6.75 |
| Q2 2020 | -1.74 M | Reduce 29.91% | 4.08 M | $11.57 |
| Q3 2020 | -3.04 M | Reduce 74.43% | 1.04 M | $15.64 |
| Q4 2020 | +941,679 | Add 90.23% | 1.99 M | $26.02 |
| Q1 2021 | -787,866 | Reduce 39.68% | 1.2 M | $32.93 |
| Q2 2021 | +198,680 | Add 16.59% | 1.4 M | $37.11 |
| Q3 2021 | -152,141 | Reduce 10.90% | 1.24 M | $32.53 |
| Q4 2021 | -21,703 | Reduce 1.74% | 1.22 M | $41.73 |
| Q1 2022 | +301,517 | Add 24.67% | 1.52 M | $49.74 |
| Q2 2022 | +250,876 | Add 16.46% | 1.77 M | $29.26 |
| Q3 2022 | +420,100 | Add 23.67% | 2.19 M | $27.33 |
| Q4 2022 | -44,100 | Reduce 2.01% | 2.15 M | $38.00 |
| Q1 2023 | -476,400 | Reduce 22.15% | 1.67 M | $40.91 |
| Q2 2023 | +145,600 | Add 8.70% | 1.82 M | $40.00 |
| Q3 2023 | +13,669 | Add 0.75% | 1.83 M | $37.29 |
| Q4 2023 | +13,388 | Add 0.73% | 1.85 M | $42.57 |
| Q1 2024 | -40,812 | Reduce 2.21% | 1.81 M | $47.02 |
| Q2 2024 | -871,882 | Reduce 48.27% | 934,280 | $48.60 |
| Q3 2024 | +286,503 | Add 30.67% | 1.22 M | $49.92 |
| Q4 2024 | +264,600 | Add 21.67% | 1.49 M | $38.08 |
| Q1 2025 | -286,215 | Reduce 19.27% | 1.2 M | $37.86 |
| Q2 2025 | -599,386 | Reduce 49.98% | 599,782 | $43.35 |
| Q3 2025 | -26,700 | Reduce 4.45% | 573,082 | $39.22 |
Jeremy Grantham's Freeport-McMoRan Investment FAQs
Jeremy Grantham first purchased Freeport-McMoRan Inc. (FCX) in Q2 2013, acquiring 653,750 shares, as reported in their 13F filing for that period. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.
Jeremy Grantham has held Freeport-McMoRan Inc. (FCX) for 50 quarters since Q2 2013. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.
Jeremy Grantham's largest addition to Freeport-McMoRan Inc. (FCX) was in Q1 2020, adding 5,824,027 shares worth $39.31 M. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.
According to the latest 13F filing for Q3 2025, Jeremy Grantham's firm, Grantham, Mayo, Van Otterloo & Co. LLC, owns 573,082 shares of Freeport-McMoRan Inc. (FCX), valued at approximately $22.48 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 0.06% of Jeremy Grantham'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.
Jeremy Grantham's peak holding in Freeport-McMoRan Inc. (FCX) was 5,824,027 shares, as reported at the end of Q1 2020. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.