Mario Gabelli's FCX Position Overview
Mario Gabelli (via Gamco Investors, Inc. Et Al) currently holds 983,381 shares of Freeport-McMoRan Inc. (FCX) worth $38.57 M, representing 0.37% 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, Mario Gabelli has maintained a long-term strategic position in FCX, representing a significant commitment to this investment thesis. Largest addition occurred in Q4 2015, adding 1.45 M shares. Largest reduction occurred in Q4 2017, reducing 862,300 shares.
Analysis based on 13F filings available since 2013 Q2
Mario Gabelli's Freeport-McMoRan (FCX) Holding Value Over Time
Track share changes against reported price movement
Quarterly Freeport-McMoRan (FCX) Trades by Mario Gabelli
| Period | Bought/Sold (Sh.) | % Change | Qtr. End Shares | Reported Price |
|---|---|---|---|---|
| Q2 2013 | +1.12 M | Add 0.00% | 1.12 M | $27.61 |
| Q3 2013 | +461,395 | Add 41.05% | 1.59 M | $33.08 |
| Q4 2013 | -5,534 | Reduce 0.35% | 1.58 M | $37.74 |
| Q1 2014 | -66,600 | Reduce 4.22% | 1.51 M | $33.07 |
| Q2 2014 | -24,100 | Reduce 1.59% | 1.49 M | $36.50 |
| Q3 2014 | +151,852 | Add 10.20% | 1.64 M | $32.65 |
| Q4 2014 | +406,638 | Add 24.78% | 2.05 M | $23.36 |
| Q1 2015 | +391,048 | Add 19.10% | 2.44 M | $18.95 |
| Q2 2015 | +293,520 | Add 12.04% | 2.73 M | $18.62 |
| Q3 2015 | +6,160 | Add 0.23% | 2.74 M | $9.69 |
| Q4 2015 | +1.45 M | Add 52.88% | 4.19 M | $6.77 |
| Q1 2016 | +535,356 | Add 12.79% | 4.72 M | $10.34 |
| Q2 2016 | +133,100 | Add 2.82% | 4.85 M | $11.14 |
| Q3 2016 | -15,900 | Reduce 0.33% | 4.84 M | $10.86 |
| Q4 2016 | -129,800 | Reduce 2.68% | 4.71 M | $13.19 |
| Q1 2017 | +91,600 | Add 1.95% | 4.8 M | $13.36 |
| Q2 2017 | -27,900 | Reduce 0.58% | 4.77 M | $12.01 |
| Q3 2017 | -135,400 | Reduce 2.84% | 4.64 M | $14.04 |
| Q4 2017 | -862,300 | Reduce 18.59% | 3.78 M | $18.96 |
| Q1 2018 | -237,500 | Reduce 6.29% | 3.54 M | $17.57 |
| Q2 2018 | -371,850 | Reduce 10.51% | 3.17 M | $17.26 |
| Q3 2018 | -28,100 | Reduce 0.89% | 3.14 M | $13.92 |
| Q4 2018 | -266,750 | Reduce 8.50% | 2.87 M | $10.31 |
| Q1 2019 | -249,000 | Reduce 8.67% | 2.62 M | $12.89 |
| Q2 2019 | -147,700 | Reduce 5.63% | 2.47 M | $11.61 |
| Q3 2019 | -265,000 | Reduce 10.71% | 2.21 M | $9.57 |
| Q4 2019 | -4,800 | Reduce 0.22% | 2.2 M | $13.12 |
| Q1 2020 | +99,800 | Add 4.53% | 2.3 M | $6.75 |
| Q2 2020 | -571,400 | Reduce 24.80% | 1.73 M | $11.57 |
| Q3 2020 | -75,506 | Reduce 4.36% | 1.66 M | $15.64 |
| Q4 2020 | -42,694 | Reduce 2.58% | 1.61 M | $26.02 |
| Q1 2021 | -90,100 | Reduce 5.58% | 1.52 M | $32.93 |
| Q2 2021 | -42,848 | Reduce 2.81% | 1.48 M | $37.11 |
| Q3 2021 | -37,350 | Reduce 2.52% | 1.44 M | $32.53 |
| Q4 2021 | -79,700 | Reduce 5.52% | 1.36 M | $41.73 |
| Q1 2022 | -38,700 | Reduce 2.84% | 1.33 M | $49.74 |
| Q2 2022 | -5,425 | Reduce 0.41% | 1.32 M | $29.26 |
| Q3 2022 | -30,550 | Reduce 2.31% | 1.29 M | $27.33 |
| Q4 2022 | -53,325 | Reduce 4.13% | 1.24 M | $38.00 |
| Q1 2023 | -28,908 | Reduce 2.34% | 1.21 M | $40.91 |
| Q2 2023 | +13,997 | Add 1.16% | 1.22 M | $40.00 |
| Q3 2023 | -3,155 | Reduce 0.26% | 1.22 M | $37.29 |
| Q4 2023 | -85,309 | Reduce 7.00% | 1.13 M | $42.57 |
| Q1 2024 | -41,731 | Reduce 3.68% | 1.09 M | $47.02 |
| Q2 2024 | -28,666 | Reduce 2.63% | 1.06 M | $48.60 |
| Q3 2024 | -41,990 | Reduce 3.95% | 1.02 M | $49.92 |
| Q4 2024 | +726 | Add 0.07% | 1.02 M | $38.08 |
| Q1 2025 | -7,050 | Reduce 0.69% | 1.01 M | $37.86 |
| Q2 2025 | -4,069 | Reduce 0.40% | 1.01 M | $43.35 |
| Q3 2025 | -27,116 | Reduce 2.68% | 983,381 | $39.22 |
Mario Gabelli's Freeport-McMoRan Investment FAQs
Mario Gabelli first purchased Freeport-McMoRan Inc. (FCX) in Q2 2013, acquiring 1,124,013 shares, as reported in their 13F filing for that period. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.
Mario Gabelli 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.
Mario Gabelli's largest addition to Freeport-McMoRan Inc. (FCX) was in Q4 2015, adding 4,186,394 shares worth $28.34 M. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.
According to the latest 13F filing for Q3 2025, Mario Gabelli's firm, Gamco Investors, Inc. Et Al, owns 983,381 shares of Freeport-McMoRan Inc. (FCX), valued at approximately $38.57 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 0.37% of Mario Gabelli'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.
Mario Gabelli's peak holding in Freeport-McMoRan Inc. (FCX) was 4,854,850 shares, as reported at the end of Q2 2016. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.