Murray Stahl's FCX Position Overview
Murray Stahl (via Horizon Kinetics Asset Management LLC) currently holds 97,381 shares of Freeport-McMoRan Inc. (FCX) worth $3.82 M, representing 0.05% of the portfolio. First purchased in 2013-Q3, this long-term strategic position has been held for 49 quarters.
Based on 13F filings since 2013, Murray Stahl has maintained a long-term strategic position in FCX, representing a significant commitment to this investment thesis. Largest addition occurred in Q4 2015, adding 142,354 shares. Largest reduction occurred in Q1 2014, reducing 96,287 shares.
Analysis based on 13F filings available since 2013 Q2
Murray Stahl's Freeport-McMoRan (FCX) Holding Value Over Time
Track share changes against reported price movement
Quarterly Freeport-McMoRan (FCX) Trades by Murray Stahl
| Period | Bought/Sold (Sh.) | % Change | Qtr. End Shares | Reported Price |
|---|---|---|---|---|
| Q3 2013 | +132,583 | New Buy | 132,583 | $33.08 |
| Q4 2013 | -532 | Reduce 0.40% | 132,051 | $37.74 |
| Q1 2014 | -96,287 | Reduce 72.92% | 35,764 | $33.08 |
| Q2 2014 | +1,906 | Add 5.33% | 37,670 | $36.50 |
| Q4 2014 | -570 | Reduce 1.51% | 37,100 | $23.37 |
| Q1 2015 | +15,350 | Add 41.37% | 52,450 | $18.95 |
| Q2 2015 | +5,900 | Add 11.25% | 58,350 | $18.61 |
| Q3 2015 | -5,000 | Reduce 8.57% | 53,350 | $9.69 |
| Q4 2015 | +142,354 | Add 266.83% | 195,704 | $6.77 |
| Q1 2016 | -48,749 | Reduce 24.91% | 146,955 | $10.34 |
| Q2 2016 | -9,108 | Reduce 6.20% | 137,847 | $11.14 |
| Q3 2016 | +1,844 | Add 1.34% | 139,691 | $10.86 |
| Q4 2016 | -10,311 | Reduce 7.38% | 129,380 | $13.19 |
| Q1 2017 | +3,102 | Add 2.40% | 132,482 | $13.35 |
| Q2 2017 | +3,534 | Add 2.67% | 136,016 | $12.01 |
| Q3 2017 | -7,886 | Reduce 5.80% | 128,130 | $14.03 |
| Q4 2017 | -4,750 | Reduce 3.71% | 123,380 | $18.96 |
| Q1 2018 | -6,089 | Reduce 4.94% | 117,291 | $17.57 |
| Q2 2018 | +4,921 | Add 4.20% | 122,212 | $17.27 |
| Q3 2018 | +2,463 | Add 2.02% | 124,675 | $13.92 |
| Q4 2018 | -14,357 | Reduce 11.52% | 110,318 | $10.31 |
| Q1 2019 | +85,689 | Add 0.00% | 85,688 | $12.90 |
| Q2 2019 | +3,400 | Add 3.97% | 89,088 | $11.61 |
| Q3 2019 | +933 | Add 1.05% | 90,021 | $9.58 |
| Q4 2019 | +2,900 | Add 3.22% | 92,921 | $13.12 |
| Q1 2020 | +2,675 | Add 2.88% | 95,596 | $6.75 |
| Q2 2020 | +23,152 | Add 24.22% | 118,748 | $11.57 |
| Q3 2020 | +28,025 | Add 23.60% | 146,773 | $15.64 |
| Q4 2020 | +126 | Add 0.09% | 146,899 | $26.02 |
| Q1 2021 | -20,344 | Reduce 13.85% | 126,555 | $32.93 |
| Q2 2021 | -9,552 | Reduce 7.55% | 117,003 | $37.11 |
| Q3 2021 | -1,430 | Reduce 1.22% | 115,573 | $32.53 |
| Q4 2021 | -1,600 | Reduce 1.38% | 113,973 | $41.73 |
| Q1 2022 | -1,786 | Reduce 1.57% | 112,187 | $49.74 |
| Q2 2022 | -3,600 | Reduce 3.21% | 108,587 | $29.26 |
| Q3 2022 | -250 | Reduce 0.23% | 108,337 | $27.33 |
| Q4 2022 | -1,140 | Reduce 1.05% | 107,197 | $38.00 |
| Q1 2023 | -3,750 | Reduce 3.50% | 103,447 | $40.91 |
| Q2 2023 | +1,230 | Add 1.19% | 104,677 | $40.00 |
| Q3 2023 | +1,235 | Add 1.18% | 105,912 | $37.29 |
| Q4 2023 | -2,325 | Reduce 2.20% | 103,587 | $42.57 |
| Q1 2024 | -1,895 | Reduce 1.83% | 101,692 | $47.02 |
| Q2 2024 | -750 | Reduce 0.74% | 100,942 | $48.60 |
| Q3 2024 | +40,860 | Add 40.48% | 141,802 | $49.92 |
| Q4 2024 | -205 | Reduce 0.14% | 141,597 | $38.08 |
| Q1 2025 | +900 | Add 0.64% | 142,497 | $37.86 |
| Q2 2025 | +350 | Add 0.25% | 142,847 | $43.35 |
| Q3 2025 | -45,466 | Reduce 31.83% | 97,381 | $39.22 |
Murray Stahl's Freeport-McMoRan Investment FAQs
Murray Stahl first purchased Freeport-McMoRan Inc. (FCX) in Q3 2013, acquiring 132,583 shares, as reported in their 13F filing for that period. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.
Murray Stahl has held Freeport-McMoRan Inc. (FCX) for 49 quarters since Q3 2013. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.
Murray Stahl's largest addition to Freeport-McMoRan Inc. (FCX) was in Q4 2015, adding 195,704 shares worth $1.32 M. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.
According to the latest 13F filing for Q3 2025, Murray Stahl's firm, Horizon Kinetics Asset Management LLC, owns 97,381 shares of Freeport-McMoRan Inc. (FCX), valued at approximately $3.82 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 0.05% of Murray Stahl'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.
Murray Stahl's peak holding in Freeport-McMoRan Inc. (FCX) was 195,704 shares, as reported at the end of Q4 2015. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.