Exited position

Ray Dalio’s Freeport-McMoRan (FCX) position

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

Bridgewater Associates, LPVerified through Q2 2026
Relationship snapshot

At a glance

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

First reportedQ3 2014Earliest verified positive filing snapshot
Latest statusExited positionBased on the latest supported relationship state
Peak shares1.47MHighest verified quarter-end share count
Quarters reported36Verified quarters with shares above zero
What happened?

Bridgewater Associates, LP first reported Freeport-McMoRan in Q3 2014. The reported position was increased and reduced across later filings. The latest verified relationship event shows that Bridgewater Associates, LP sold the entire position in Q1 2026, and the stock is no longer reported in the latest verified portfolio.

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.

Q1 2026
Sold the entire position−80.63K shares · No shares reported at quarter-end
Q4 2025
Bought 79.1% more+35.60K shares · 80.63K shares reported after the change
Filing context

Quarter-end price $50.79 · Estimated holding basis $44.33

Q3 2025
New position+45.03K shares · 45.03K shares reported
Filing context

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

Q4 2024
Sold the entire position−6.74K shares · No shares reported at quarter-end
Q3 2024
Sold 31.3% of the position−3.07K shares · 6.74K shares remained
Filing context

Quarter-end price $49.92 · Estimated holding basis $42.13

Q2 2024
Sold 55.4% of the position−12.18K shares · 9.81K shares remained
Filing context

Quarter-end price $48.60 · Estimated holding basis $42.13

Portfolio importance

How important was Freeport-McMoRan in Bridgewater Associates, LP’s reported portfolio?

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

Last reported portfolio weight0.0%Q4 2025
Last reported rank#593of 1040 reported positions
Peak portfolio weight0.2%Q3 2015
Best historical rank#34Q4 2017
At peak importanceQ3 2015
FCX
0.2%
Largest holding
29.8%
Cross-investor discovery

Who else owns Freeport-McMoRan?

Also reported by 3 other tracked investors in their latest verified filings.

Howard MarksOaktree Capital Management LP
FCX1.4% of reported portfolio
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 verified investor filingQ2 2026 · filed 2026-08-14
Open SEC filing ↗

View Freeport-McMoRan stock page →

This tracker follows Bridgewater Associates, LP’s Form 13F disclosures, not Ray Dalio’s personal brokerage account. Form 13F reports quarter-end positions later and does not reveal exact trade dates or execution prices.