Freeport-McMoRan Inc.
MX ˙ BMV ˙ US35671D8570
SecurityMX:FCX / Freeport-McMoRan Inc.
InstitutionBelpointe Asset Management LLC
Latest Disclosed Ownership55,638 shares
Latest Disclosed Value $ 3,270,421
Belpointe Asset Management LLC reports 64.82% increase in ownership of FCX / Freeport-McMoRan Inc.

On April 28, 2026 - Belpointe Asset Management LLC filed a 13F-HR form disclosing ownership of 55,638 shares of Freeport-McMoRan Inc. (MX:FCX) valued at $3,270,421 USD as of March 31, 2026. The entity filed a previous 13F-HR on January 27, 2026 disclosing 33,756 shares of Freeport-McMoRan Inc.. This represents a change in shares of 64.82% 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.

Upgrade to unlock premium data and export to Excel .

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)
2026-04-28 2026-03-31 13F FREEPORT MCMORAN COM 35671D857 55,638 21,882 64.82 3,270 90.78 0.1194
2026-01-27 2025-12-31 13F FREEPORT-MCMORAN COM 35671D857 33,756 18,704 124.26 1,714 190.51 0.0619
2025-11-03 2025-09-30 13F FREEPORT-MCMORAN COM 35671D857 15,052 -542 -3.48 590 -12.72 0.0226
2025-07-22 2025-06-30 13F FREEPORT-MCMORAN COM 35671D857 15,594 -8,540 -35.39 676 -25.96 0.0282
2025-05-20 2025-03-31 13F FREEPORT-MCMORAN COM 35671D857 24,134 -10,870 -31.05 914 -41.06 0.0475
2025-02-13 2024-12-31 13F FREEPORT-MCMORAN COM 35671D857 35,004 1,892 5.71 1,550 -6.23 0.0934
2024-11-13 2024-09-30 13F FREEPORT-MCMORAN COM 35671D857 33,112 1,690 5.38 1,653 8.19 0.0991
2024-08-02 2024-06-30 13F FREEPORT-MCMORAN COM 35671D857 31,422 6,690 27.05 1,527 31.41 0.1065
2024-05-08 2024-03-31 13F FREEPORT-MCMORAN COM 35671D857 24,732 7,841 46.42 1,163 61.61 0.0871
2024-02-13 2023-12-31 13F FREEPORT-MCMORAN COM 35671D857 16,891 4,703 38.59 719 58.37 0.0632
2023-11-15 2023-09-30 13F FREEPORT-MCMORAN COM 35671D857 12,188 1,726 16.50 455 8.61 0.0471
2023-08-15 2023-06-30 13F FREEPORT-MCMORAN COM 35671D857 10,462 -20,901 -66.64 418 -67.42 0.0443
2023-05-15 2023-03-31 13F FREEPORT-MCMORAN CL B 35671D857 31,363 -7,030 -18.31 1,283 -12.00 0.0693
2023-02-08 2022-12-31 13F FREEPORT-MCMORAN CL B 35671D857 38,393 9,804 34.29 1,459 86.68 0.0882
2022-11-14 2022-09-30 13F FREEPORT-MCMORAN CL B 35671D857 28,589 -71,805 -71.52 781 -73.41 0.0528
2022-08-02 2022-06-30 13F FREEPORT-MCMORAN CL B 35671D857 100,394 78,680 362.35 2,937 172.20 0.1969
2022-04-28 2022-03-31 13F FREEPORT-MCMORAN CL B 35671D857 21,714 833 3.99 1,079 23.88 0.0654
2022-02-15 2021-12-31 13F FREEPORT-MCMORAN CL B 35671D857 20,881 1,210 6.15 871 36.09 0.0543
2021-11-15 2021-09-30 13F FREEPORT-MCMORAN CL B 35671D857 19,671 -10,369 -34.52 640 -41.82 0.0436
2021-08-09 2021-06-30 13F FREEPORT-MCMORAN CL B 35671D857 30,040 -23,757 -44.16 1,100 -37.92 0.0792
2021-05-14 2021-03-31 13F FREEPORT-MCMORAN CL B 35671D857 53,797 -5,325 -9.01 1,772 15.21 0.1517
2021-02-16 2020-12-31 13F FREEPORT-MCMORAN CL B 35671D857 59,122 -443 -0.74 1,538 65.02 0.1380
2020-11-13 2020-09-30 13F/A-1 FREEPORT-MCMORAN CL B 35671D857 59,565 36,297 156.00 932 245.19 0.1037
2020-07-20 2020-06-30 13F FREEPORT-MCMORAN CL B 35671D857 23,268 23,268 270 0.0350
2020-07-20 2020-03-31 13F FREEPORT-MCMORAN CL B 35671D857 0 -14,906 -100.00 0 -100.00
2020-02-18 2019-12-31 13F FREEPORT-MCMORAN CL B 35671D857 14,906 1,435 10.65 195 51.16 0.0247
2020-01-16 2019-09-30 13F FREEPORT-MCMORAN CL B 35671D857 13,471 703 5.51 129 -12.84 0.0209
2019-11-22 2019-06-30 13F FREEPORT-MCMORAN CL B 35671D857 12,768 -701 -5.20 148 -14.45 0.0291
2019-06-11 2019-03-31 13F FREEPORT-MCMORAN CL B 35671D857 13,469 -4,809 -26.31 173 -7.98 0.0338
2019-03-06 2018-12-31 13F FREEPORT-MCMORAN CL B 35671D857 18,278 9,800 115.59 188 59.32 0.0476
2018-11-23 2018-09-30 13F FREEPORT-MCMORAN CL B 35671D857 8,478 8,478 118 0.0187
2018-08-06 2018-03-31 13F FREEPORT-MCMORAN CL B 35671D857 0 -10,481 -100.00 0 -100.00
2018-02-14 2017-12-31 13F FREEPORT-MCMORAN CL B 35671D857 10,481 -202 -1.89 199 32.67 0.0436
2017-11-16 2017-09-30 13F FREEPORT-MCMORAN CL B 35671D857 10,683 10,683 150 0.0351
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.