Current position

Howard Marks’s Freeport-McMoRan (FCX) position

Reported position history, portfolio importance and verified filing changes from public SEC disclosures.

Oaktree Capital Management LPVerified through Q2 2026
Relationship snapshot

At a glance

The full verified relationship, including prior ownership episodes and exits where supported.

First reportedQ2 2000Earliest verified positive filing snapshot
Latest statusCurrent positionBased on the latest supported relationship state
Peak shares2.97MHighest verified quarter-end share count
Quarters reported24Verified quarters with shares above zero
What happened?

Oaktree Capital Management LP first reported Freeport-McMoRan in Q2 2000. After an earlier exit, the position later appeared again in a verified filing. The reported position was increased and reduced across later filings. Oaktree Capital Management LP currently reports 1.20M shares. The latest verified filing showed: Sold 1.6% of the position.

Verified SEC history

Position over time

See the same verified relationship through reported shares, portfolio weight or reported value.

Metric

Gaps indicate periods that cannot be safely connected or where a verified corporate action changes the raw share scale. Stock price, when available, is market context and not a transaction price.

Key filing events

What changed

Latest filing plus the most meaningful reported changes. Unchanged quarters are collapsed by default.

Q2 2026
Sold 1.6% of the position−19.00K shares · 1.20M shares remained
Filing context

Quarter-end price $62.89 · Estimated holding basis $35.02

Q1 2026
Sold 12.2% of the position−169.93K shares · 1.22M shares remained
Filing context

Quarter-end price $58.78 · Estimated holding basis $35.02

Q4 2025
Sold 7.6% of the position−114.81K shares · 1.39M shares remained
Filing context

Quarter-end price $50.79 · Estimated holding basis $35.02

Q3 2025
Sold 24.6% of the position−491.21K shares · 1.50M shares remained
Filing context

Quarter-end price $39.22 · Estimated holding basis $35.02

Q2 2025
Sold 8.9% of the position−195.03K shares · 2.00M shares remained
Filing context

Quarter-end price $43.35 · Estimated holding basis $35.02

Q1 2025
Bought 24.3% more+428.11K shares · 2.19M shares reported after the change
Filing context

Quarter-end price $37.86 · Estimated holding basis $35.02

Portfolio importance

How important is Freeport-McMoRan in Oaktree Capital Management LP’s reported portfolio?

Relative importance is measured only within the verified primary non-option reported portfolio for each quarter.

Current portfolio weight1.4%Q2 2026
Current rank#14of 138 reported positions
Peak portfolio weight2.2%Q1 2024
Best historical rank#9Q4 2023
At peak importanceQ1 2024
FCX
2.2%
Largest holding
27.7%
Cross-investor discovery

Who else owns Freeport-McMoRan?

Also reported by 2 other tracked investors in their latest verified filings.

Joel GreenblattGotham Asset Management
FCX0.1% of reported portfolio
George SorosSoros Fund Management
FCX0.1% of reported portfolio
Explore Freeport-McMoRan across all tracked investors →
SEC evidence & methodology

SEC filing evidence

Market context and filing-derived values are kept separate from actual transaction prices, which 13F filings do not disclose.

Latest verified stock price$71.542026-09-18

Market context only; not an investor transaction price.

Latest filing quarter-end price$62.89Q2 2026

Derived from validated reported value and shares where supported.

Estimated holding basis$35.02Historical reference — not actual purchase price

Calculated from supported filing history.

Latest verified investor filingQ2 2026 · filed 2026-08-14
Open SEC filing ↗

View Freeport-McMoRan stock page →

This tracker follows Oaktree Capital Management LP’s Form 13F disclosures, not Howard Marks’s personal brokerage account. Form 13F reports quarter-end positions later and does not reveal exact trade dates or execution prices.