Freeport-McMoRan Inc.
MX ˙ BMV ˙ US35671D8570
SecurityMX:FCX / Freeport-McMoRan Inc.
InstitutionBaird Financial Group, Inc.
Latest Disclosed Ownership83,395 shares
Latest Disclosed Value $ 4,901,958
Baird Financial Group, Inc. reports 40.98% increase in ownership of FCX / Freeport-McMoRan Inc.

On May 14, 2026 - Baird Financial Group, Inc. filed a 13F-HR form disclosing ownership of 83,395 shares of Freeport-McMoRan Inc. (MX:FCX) valued at $4,901,958 USD as of March 31, 2026. The entity filed a previous 13F-HR on February 13, 2026 disclosing 59,155 shares of Freeport-McMoRan Inc.. This represents a change in shares of 40.98% during the quarter.

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.

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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)
2026-05-14 2026-03-31 13F FREEPORT MCMORAN CL B 35671D857 83,395 24,240 40.98 4,902 63.15 0.0041
2026-02-13 2025-12-31 13F FREEPORT-MCMORAN INC CL B COMMON 35671D857 59,155 646 1.10 3,004 30.95 0.0047
2025-11-13 2025-09-30 13F FREEPORT MCMORAN COPPERGOLDCL COMMON 35671D857 58,509 3,763 6.87 2,295 -3.33 0.0037
2025-08-13 2025-06-30 13F FREEPORTMCMORAN INC CL B COMMON 35671D857 54,746 -158,424 -74.32 2,373 -70.59 0.0042
2025-05-15 2025-03-31 13F FREEPORT-MCMORAN INC CL B COMMON 35671D857 213,170 -691 -0.32 8,071 -0.90 0.0155
2025-02-14 2024-12-31 13F FREEPORT MCMORAN COPPERGOLDCL COMMON 35671D857 213,861 1,253 0.59 8,144 -23.27 0.0156
2024-11-14 2024-09-30 13F FREEPORT MCMORAN COPPERGOLDCL COMMON 35671D857 212,608 -18,645 -8.06 10,613 -5.56 0.0206
2024-08-14 2024-06-30 13F FREEPORT MCMORAN COPPERGOLDCL COMMON 35671D857 231,253 38,216 19.80 11,239 23.82 0.0233
2024-05-14 2024-03-31 13F FREEPORT MCMORAN COPPERGOLDCL COMMON 35671D857 193,037 -253 -0.13 9,077 10.31 0.0190
2024-02-14 2023-12-31 13F FREEPORT MCMORAN COPPERGOLDCL COMMON 35671D857 193,290 -93,160 -32.52 8,228 -22.97 0.0188
2023-11-13 2023-09-30 13F FREEPORT MCMORAN COPPERGOLDCL COMMON 35671D857 286,450 7,226 2.59 10,682 -4.36 0.0291
2023-08-11 2023-06-30 13F FREEPORT MCMORAN COPPERGOLDCL COMMON 35671D857 279,224 -7,428 -2.59 11,169 -4.76 0.0295
2023-05-15 2023-03-31 13F FREEPORT MCMORAN COPPERGOLDCL COMMON 35671D857 286,652 101,615 54.92 11,727 167,414.29 0.0289
2023-02-13 2022-12-31 13F FREEPORT MCMORAN COPPERGOLDCL COMMON 35671D857 185,037 -822 -0.44 7 -99.86 0.0185
2022-11-15 2022-09-30 13F FREEPORT MCMORAN COPPERGOLDCL COMMON 35671D857 185,859 95,916 106.64 5,079 92.97 0.0150
2022-08-08 2022-06-30 13F FREEPORT MCMORAN COPPERGOLD C COMMON 35671D857 89,943 10,257 12.87 2,632 -33.60 0.0073
2022-05-13 2022-03-31 13F FREEPORT MCMORAN COPPERGOLD C COMMON 35671D857 79,686 14,388 22.03 3,964 45.47 0.0098
2022-02-09 2021-12-31 13F FREEPORT-MCMORAN INC CL B COMMON 35671D857 65,298 -6,967 -9.64 2,725 15.91 0.0064
2021-11-12 2021-09-30 13F FREEPORT MCMORAN COPPERGOLD C COMMON 35671D857 72,265 -117,328 -61.88 2,351 -66.59 0.0060
2021-08-11 2021-06-30 13F FREEPORT MCMORAN COPPERGOLDCL COMMON 35671D857 189,593 16,730 9.68 7,036 23.61 0.0183
2021-05-13 2021-03-31 13F FREEPORT MCMORAN COPPERGOLDCL COMMON 35671D857 172,863 107,210 163.30 5,692 233.26 0.0160
2021-02-11 2020-12-31 13F FREEPORT-MCMORAN INC CL B COMMON 35671D857 65,653 -1,438 -2.14 1,708 62.82 0.0051
2020-11-12 2020-09-30 13F FREEPORT MCMORAN COPPERGOLDCL COMMON 35671D857 67,091 49,888 290.00 1,049 427.14 0.0036
2020-10-22 2020-06-30 13F/A-1 FREEPORT MCMORAN COPPER GOLD C COMMON 35671D857 17,203 -1,036 -5.68 199 61.79 0.0007
2020-08-14 2020-06-30 13F FREEPORT MCMORAN COPPERGOLD C COMMON 35671D857 24,604 6,365 323 640.1126
2020-05-14 2020-03-31 13F FREEPORT MCMORAN COPPERGOLDCL COMMON 35671D857 18,239 -1,492 -7.56 123 -52.51 0.0006
2020-02-14 2019-12-31 13F FREEPORT MCMORAN COMMON 35671D857 19,731 -252 -1.26 259 35.60 0.0009
2019-11-14 2019-09-30 13F FREEPORT-MCMORAN Common 35671D857 19,983 -99 -0.49 191 -18.03 0.0008
2019-08-14 2019-06-30 13F FREEPORT-MCMORAN COMMON 35671D857 20,082 -42,400 -67.86 233 -71.06 0.0009
2019-05-14 2019-03-31 13F FREEPORT MCMORAN COPPERGOLDCL COMMON 35671D857 62,482 43,331 226.26 805 308.63 0.0047
2019-02-14 2018-12-31 13F FREEPORT MCMORAN COPPER GOLDCL COMMON 35671D857 19,151 5,766 43.08 197 7.65 0.0013
2018-11-13 2018-09-30 13F FREEPORT MCMORAN COPPERGOLDCL COMMON 35671D857 13,385 -4,344 -24.50 183 -40.20 0.0011
2018-08-13 2018-06-30 13F FREEPORT MCMORAN COPPERamp;GOLDCL COMMON 35671D857 17,729 -24,132 -57.65 306 -58.42 0.0021
2018-05-14 2018-03-31 13F FREEPORT MCMORAN COPPER&GOLDCL COMMON 35671D857 41,861 9,026 27.49 736 18.14 0.0052
2018-02-09 2017-12-31 13F FREEPORT MCMORAN COPPER&GOLDCL COMMON 35671D857 32,835 -17,748 -35.09 623 -12.25 0.0044
2017-11-14 2017-09-30 13F FREEPORT MCMORAN COPPER&GOLDCL COMMON 35671D857 50,583 -28,747 -36.24 710 -25.50 0.0054
2017-08-14 2017-06-30 13F FREEPORT MCMORAN COPPER&GOLDCL COMMON 35671D857 79,330 -2,072 -2.55 953 -12.41 0.0075
2017-06-19 2017-03-31 13F/A-1 FREEPORT MCMORAN COPPERGOLDCL COMMON 35671D857 81,402 -994 -1.21 1,088 0.09 0.0088
2017-05-09 2017-03-31 13F FREEPORT MCMORAN COPPER&GOLDCL COMMON 35671D857 81,402 1,088
2017-02-10 2016-12-31 13F FREEPORT MCMORAN COPPER&GOLD C COMMON 35671D857 82,396 4,230 5.41 1,087 28.03 0.0094
2016-11-10 2016-09-30 13F FREEPORT MCMORAN COPPER&GOLDCL COMMON 35671D857 78,166 -2,298 -2.86 849 -9.00 0.0076
2016-08-11 2016-06-30 13F FREEPORT MCMORAN COPPER&GOLDCL COMMON 35671D857 80,464 -7,585 -8.61 933 2.53 0.0086
2016-05-12 2016-03-31 13F FREEPORT MCMORAN COPPER&GOLDCL COMMON 35671D857 88,049 -60,795 -40.84 910 -9.72 0.0087
2016-02-11 2015-12-31 13F FREEPORT MCMORAN COPPER&GOLDCL COMMON 35671D857 148,844 -16,348 -9.90 1,008 -37.04 0.0101
2015-11-12 2015-09-30 13F FREEPORT MCMORAN COPPER&GOLDCL COMMON 35671D857 165,192 61,467 59.26 1,601 -17.09 0.0170
2015-08-14 2015-06-30 13F FREEPORT MCMORAN COPPER&GOLDCL COMMON 35671D857 103,725 103,725 1,931 0.0190
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.