Freeport-McMoRan Inc.
MX ˙ BMV ˙ US35671D8570
SecurityMX:FCX / Freeport-McMoRan Inc.
InstitutionGeode Capital Management, Llc
Latest Disclosed Ownership32,282,535 shares
Latest Disclosed Value $ 1,888,986,249
Geode Capital Management, Llc reports 1.94% increase in ownership of FCX / Freeport-McMoRan Inc.

On May 15, 2026 - Geode Capital Management, Llc filed a 13F-HR form disclosing ownership of 32,282,535 shares of Freeport-McMoRan Inc. (MX:FCX) valued at $1,888,986,249 USD as of March 31, 2026. The entity filed a previous 13F-HR on February 9, 2026 disclosing 31,669,550 shares of Freeport-McMoRan Inc.. This represents a change in shares of 1.94% 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)
2026-05-15 2026-03-31 13F FREEPORT-MCMORAN CL B 35671D857 32,282,535 612,985 1.94 1,888,986 17.98 0.0628
2026-02-09 2025-12-31 13F FREEPORT-MCMORAN CL B 35671D857 31,669,550 238,997 0.76 1,601,087 30.52 0.0988
2025-11-12 2025-09-30 13F FREEPORT-MCMORAN CL B 35671D857 31,430,553 245,737 0.79 1,226,714 -8.80 0.0783
2025-08-08 2025-06-30 13F FREEPORT-MCMORAN CL B 35671D857 31,184,816 -659,520 -2.07 1,345,135 11.98 0.0943
2025-05-13 2025-03-31 13F FREEPORT-MCMORAN CL B 35671D857 31,844,336 2,265,038 7.66 1,201,251 6.98 0.0944
2025-02-12 2024-12-31 13F FREEPORT-MCMORAN CL B 35671D857 29,579,298 688,240 2.38 1,122,922 -21.83 0.0870
2024-11-12 2024-09-30 13F FREEPORT-MCMORAN CL B 35671D857 28,891,058 529,099 1.87 1,436,455 4.54 0.1163
2024-08-09 2024-06-30 13F FREEPORT-MCMORAN CL B 35671D857 28,361,959 554,984 2.00 1,374,007 5.44 0.1206
2024-05-13 2024-03-31 13F FREEPORT-MCMORAN CL B 35671D857 27,806,975 883,032 3.28 1,303,149 14.06 0.1205
2024-02-13 2023-12-31 13F FREEPORT-MCMORAN CL B 35671D857 26,923,943 481,427 1.82 1,142,544 16.12 0.1195
2023-11-13 2023-09-30 13F FREEPORT-MCMORAN CL B 35671D857 26,442,516 461,763 1.78 983,928 -5.03 0.1172
2023-08-11 2023-06-30 13F FREEPORT-MCMORAN CL B 35671D857 25,980,753 642,288 2.53 1,036,045 0.21 0.1217
2023-05-15 2023-03-31 13F FREEPORT-MCMORAN CL B 35671D857 25,338,465 472,160 1.90 1,033,858 109,651.27 0.1343
2023-02-13 2022-12-31 13F FREEPORT-MCMORAN CL B 35671D857 24,866,305 -291,205 -1.16 943 -99.86 0.1323
2022-11-14 2022-09-30 13F FREEPORT-MCMORAN CL B 35671D857 25,157,510 -147,338 -0.58 686,639 -7.22 0.1042
2022-08-12 2022-06-30 13F FREEPORT-MCMORAN CL B 35671D857 25,304,848 415,779 1.67 740,067 -40.13 0.1084
2022-05-13 2022-03-31 13F FREEPORT-MCMORAN CL B 35671D857 24,889,069 338,572 1.38 1,236,064 21.00 0.1543
2022-02-11 2021-12-31 13F FREEPORT-MCMORAN CL B 35671D857 24,550,497 219,573 0.90 1,021,538 29.43 0.1230
2021-11-12 2021-09-30 13F FREEPORT-MCMORAN CL B 35671D857 24,330,924 354,835 1.48 789,267 -11.03 0.1063
2021-08-13 2021-06-30 13F FREEPORT-MCMORAN CL B 35671D857 23,976,089 -2,537,109 -9.57 887,129 1.86 0.1222
2021-05-12 2021-03-31 13F FREEPORT-MCMORAN CL B 35671D857 26,513,198 969,125 3.79 870,890 31.34 0.1332
2021-02-12 2020-12-31 13F FREEPORT-MCMORAN CL B 35671D857 25,544,073 1,027,349 4.19 663,072 73.27 0.1113
2020-11-13 2020-09-30 13F FREEPORT-MCMORAN CL B 35671D857 24,516,724 1,084,191 4.63 382,691 41.42 0.0750
2020-08-13 2020-06-30 13F FREEPORT-MCMORAN CL B 35671D857 23,432,533 744,745 3.28 270,615 77.05 0.0579
2020-05-14 2020-03-31 13F FREEPORT-MCMORAN CL B 35671D857 22,687,788 -909,797 -3.86 152,844 -50.53 0.0398
2020-02-20 2019-12-31 13F/A-1 FREEPORT-MCMORAN CL B 35671D857 23,597,585 2,239,244 10.48 308,993 51.41 0.0646
2020-02-13 2019-12-31 13F FREEPORT-MCMORAN CL B 35671D857 23,597,585 2,239,244 308,993 39,378.4486
2019-11-12 2019-09-30 13F FREEPORT-MCMORAN CL B 35671D857 21,358,341 -527,939 -2.41 204,075 -19.55 0.0476
2019-08-14 2019-06-30 13F FREEPORT-MCMORAN CL B 35671D857 21,886,280 531,011 2.49 253,679 -7.69 0.0614
2019-05-14 2019-03-31 13F FREEPORT-MCMORAN CL B 35671D857 21,355,269 85,766 0.40 274,820 25.51 0.0712
2019-03-06 2018-12-31 13F/A-1 FREEPORT-MCMORAN CL B 35671D857 21,269,503 959,745 4.73 218,954 -22.43 0.0677
2019-02-13 2018-12-31 13F FREEPORT-MCMORAN CL B 35671D857 21,269,503 959,745 218,954
2018-11-13 2018-09-30 13F FREEPORT-MCMORAN CL B 35671D857 20,309,758 974,441 5.04 282,257 -15.28 0.0795
2018-08-14 2018-06-30 13F FREEPORT-MCMORAN CL B 35671D857 19,335,317 1,369,109 7.62 333,170 5.78 0.1024
2018-05-15 2018-03-31 13F FREEPORT-MCMORAN CL B 35671D857 17,966,208 3,077,904 20.67 314,961 11.80 0.1026
2018-02-13 2017-12-31 13F FREEPORT-MCMORAN CL B 35671D857 14,888,304 -831,735 -5.29 281,718 27.86 0.0957
2017-11-14 2017-09-30 13F FREEPORT-MCMORAN CL B 35671D857 15,720,039 2,466,806 18.61 220,327 38.66 0.0813
2017-08-14 2017-06-30 13F FREEPORT-MCMORAN CL B 35671D857 13,253,233 286,811 2.21 158,895 -8.15 0.0625
2017-06-21 2017-03-31 13F/A-1 FREEPORT-MCMORAN COPPER & G CL B CL B 35671D857 12,966,422 1,664,093 14.72 172,986 16.18 0.0710
2017-05-12 2017-03-31 13F FREEPORT-MCMORAN COPPER & G CL B CL B 35671D857 12,966,422 172,986
2017-02-14 2016-12-31 13F FREEPORT-MCMORAN COPPER & G CL B CL B 35671D857 11,302,329 754,404 7.15 148,897 30.19 0.0692
2016-11-10 2016-09-30 13F FREEPORT-MCMORAN COPPER & G CL B CL B 35671D857 10,547,925 404,940 3.99 114,371 1.40 0.0576
2016-08-12 2016-06-30 13F FREEPORT-MCMORAN COPPER & G CL B CL B 35671D857 10,142,985 -87,444 -0.85 112,794 6.84 0.0613
2016-05-13 2016-03-31 13F FREEPORT-MCMORAN COPPER & G CL B CL B 35671D857 10,230,429 1,034,663 11.25 105,573 69.93 0.0560
2016-02-12 2015-12-31 13F FREEPORT-MCMORAN COPPER & G CL B CL B 35671D857 9,195,766 118,334 1.30 62,129 -29.23 0.0354
2015-11-13 2015-09-30 13F FREEPORT-MCMORAN COPPER & G CL B CL B 35671D857 9,077,432 843,237 10.24 87,792 -42.63 0.0532
2015-08-14 2015-06-30 13F FREEPORT-MCMORAN COPPER & G CL B CL B 35671D857 8,234,195 218,407 2.72 153,019 0.90 0.0874
2015-05-14 2015-03-31 13F FREEPORT-MCMORAN COPPER & G CL B CL B 35671D857 8,015,788 -64,865 -0.80 151,657 -19.56 0.0867
2015-02-12 2014-12-31 13F FREEPORT-MCMORAN COPPER & G CL B CL B 35671D857 8,080,653 279,130 3.58 188,527 -25.89 0.1122
2014-11-14 2014-09-30 13F FREEPORT-MCMORAN COPPER & G CL B CL B 35671D857 7,801,523 -48,971 -0.62 254,403 -11.16 0.1649
2014-08-13 2014-06-30 13F FREEPORT-MCMORAN COPPER & G CL B COM 35671D857 7,850,494 -71,349 -0.90 286,376 9.36 0.1852
2014-05-14 2014-03-31 13F FREEPORT-MCMORAN COPPER & G CL B COM 35671D857 7,921,843 92,115 1.18 261,865 -11.36 0.1757
2014-02-14 2013-12-31 13F FREEPORT-MCMORAN COPPER & G CL B COM 35671D857 7,829,728 395,026 5.31 295,410 20.14 0.2048
2013-11-14 2013-09-30 13F FREEPORT-MCMORAN COPPER & G CL B COM 35671D857 7,434,702 281,551 3.94 245,880 24.52 0.1971
2013-08-14 2013-06-30 13F FREEPORT-MCMORAN COPPER & G CL B COM 35671D857 7,153,151 7,153,151 197,458 0.1736
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.