FCX β€” FREEPORT-MCMORAN COPPER & GO

Ownership history in Perpetual Ltd  Β·  13 quarters on record

This page tracks every 13F SEC filing in which Perpetual Ltd reported a position in FREEPORT-MCMORAN COPPER & GO (FCX). Data includes quarterly share count, position size as % of portfolio, estimated market value, and end-of-quarter stock price β€” sourced directly from SEC EDGAR 13F filings.

πŸ” Peak position
1.87% (2025 Q4)
πŸ“Š Avg. % of fund
1.06%
πŸ“… First filed
2017 Q2
πŸ“… Last filed
2025 Q4
⏱ Quarters held
13

Position Intelligence

Perpetual Ltd Γ— FCX AI Analytics

πŸ“ˆ Perpetual Ltd outperformed the S&P 500 by +50.9% annually on this FCX position. Timing score: 50% (6/12 decisions correct). Average cost basis: $39.43. Maximum drawdown during holding period: –23.6%.

πŸ“ˆ Position Alpha vs SPY
+50.9%
annualised excess return

πŸ”₯ Exceptional β€” beat the S&P 500 by 50.9% per year on this position.
12 quarters analyzed

⏱️ Timing Score
50%

➑️ Neutral timing β€” roughly coin-flip accuracy on add/trim calls.
6 of 12 add/trim decisions correct

πŸ’° Entry Quality
$39.43
+28.5% vs current ($50.66)

Best entry: $10.87 (2017 Q2)  Β·  Worst: $48.90 (2024 Q3)

πŸ›‘οΈ Drawdown Resilience
–23.6%
max drawdown while held

πŸ’ͺ Held through 1 major drawdown (>20%). Strong conviction under pressure.

πŸ’ͺ Fund Conviction
54%
buy-side decisions

7 adds Β· 6 trims. Bought during 2 of 5 down-price quarters. πŸ“ˆ More buys than sells across the holding period.

πŸ“‘ Position Trajectory
↑ Growing
last 4–5 quarters trend

πŸ“ˆ Perpetual Ltd has been actively increasing its FCX allocation β€” a bullish signal from insiders.
Currently 1.87% of portfolio

⚠ Based on quarterly 13F SEC filings and end-of-quarter closing prices. Timing score = accuracy of add/trim decisions vs next-quarter price direction. Alpha = mean quarterly excess return Γ— 4 (annualised). Not investment advice.

% of Fund (quarterly)    FCX price (monthly, adj. close)
πŸ“‹ Quarterly Holdings History 10 quarters  β–Ύ
Quarter Action Shares Change Chg % % of Fund Mkt Value Price (EOQ)
2025 Q4 REDUCED 2,551,350 -236,919 -8.5% 1.87% $129.6M $50.66
2025 Q3 REDUCED 2,788,269 -560,626 -16.7% 1.36% $109.4M $38.98
2025 Q2 ADDED 3,348,895 +401,668 +13.6% 1.70% $145.2M $42.95
2025 Q1 ADDED 2,947,227 +1,230,520 +71.7% 1.35% $111.6M $37.34
2024 Q4 REDUCED 1,716,707 -383,754 -18.3% 0.77% $65.4M $37.41
2024 Q3 ADDED 2,100,461 +235,950 +12.7% 1.14% $104.9M $48.90
2024 Q2 REDUCED 1,864,511 -273,892 -12.8% 0.99% $90.6M $47.47
2024 Q1 ADDED 2,138,403 +86,709 +4.2% 0.98% $100.5M $45.79
2023 Q4 REDUCED 2,051,694 -366,705 -15.2% 0.90% $87.3M $41.30
2023 Q3 ADDED 2,418,399 +29,082 +1.2% 0.93% $90.2M $36.03
3 older quarters hidden  β€”  Sign in free or upgrade to Premium to see full history
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