Howard Marks
Oaktree Capital Management
Howard Marks Freeport-McMoran Copper & Gold Inc stake
total: 853
Oaktree Capital Management FCX trades
- Total transactions:
- 20
- New positions:
- 1
- Added:
- 11
- Reduced:
- 8
- Held since:
- 2021 Q3
- Held for:
- 20 quarters
- Latest activity:
- 2026 Q2
According to 2026 Q2 report, Howard Marks holds 1,201,122 Freeport-McMoran Copper & Gold Inc (FCX) shares with a market value of roughly $75.54M accounting for 1.42% of the overall portfolio. To date, the estimated cost basis is nearly $34.74 for "buy" trades and estimated average "sell" price is $43.8. Oaktree Capital Management first purchased FCX in 2021 Q3, initially acquiring about 1.83M shares. Since the initial investment in Freeport-McMoran Copper & Gold Inc (FCX), Oaktree Capital Management has made 19 more transactions.
When did Howard Marks buy Freeport-McMoran Copper & Gold Inc (FCX)?
Howard Marks first invested in Freeport-McMoran Copper & Gold Inc (FCX) in 2021 Q3 at the reported quarter-end price of $32.53 per share.
What's the cost basis of Oaktree Capital Management's FCX stake?
The estimated cost basis for Freeport-McMoran Copper & Gold Inc (FCX) stake is around $34.74 per share. This represents their average reported price* across all buy transactions
Estimated cost basis*
- Weighted AVG buy price:
- $34.74
- Weighted AVG sell price:
- $43.80
Howard Marks's historical trades in Freeport-McMoran Copper & Gold Inc
20 results
| Period |
% of portfolio |
Shares held after* |
Reported price* |
Value* |
% (shares) of activity |
% change to portfolio |
|---|---|---|---|---|---|---|
|
2026 Q2
|
1.42%
|
1,201,122
|
$62.89
|
$75,538,562
|
-1.56% (-19,000)
|
-0.02%
|
|
2026 Q1
|
1.21%
|
1,220,122
|
$58.78
|
$71,718,771
|
-12.22% (-169,931)
|
-0.16%
|
|
2025 Q4
|
1.14%
|
1,390,053
|
$50.79
|
$70,600,791
|
-7.63% (-114,812)
|
-0.1%
|
|
2025 Q3
|
0.98%
|
1,504,865
|
$39.22
|
$59,020,805
|
-24.61% (-491,210)
|
-0.38%
|
|
2025 Q2
|
1.71%
|
1,996,075
|
$43.35
|
$86,529,851
|
-8.90% (-195,033)
|
-0.17%
|
|
2025 Q1
|
1.68%
|
2,191,108
|
$37.86
|
$82,955,348
|
+24.28% (+428,105)
|
+0.33%
|
|
2024 Q4
|
1.28%
|
1,763,003
|
$38.08
|
$67,135,154
|
-27.31% (-662,236)
|
-0.42%
|
|
2024 Q3
|
2.02%
|
2,425,239
|
$49.92
|
$121,067,930
|
+0.30% (+7,332)
|
+0.01%
|
|
2024 Q2
|
2.03%
|
2,417,907
|
$48.60
|
$117,510,280
|
-18.69% (-555,806)
|
-0.43%
|
|
2024 Q1
|
2.24%
|
2,973,713
|
$47.02
|
$139,823,985
|
+1.91% (+55,800)
|
+0.04%
|
|
2023 Q4
|
1.95%
|
$42.57
|
+7.82% (+211,608)
|
|||
|
2023 Q3
|
1.53%
|
$37.29
|
+2.99% (+78,500)
|
|||
|
2023 Q2
|
1.42%
|
$40.00
|
-2.41% (-64,900)
|
|||
|
2023 Q1
|
1.24%
|
$40.91
|
+4.39% (+113,281)
|
|||
|
2022 Q4
|
1.06%
|
$38.00
|
+5.16% (+126,464)
|
|||
|
2022 Q3
|
0.76%
|
$27.33
|
+1.73% (+41,802)
|
|||
|
2022 Q2
|
0.84%
|
$29.26
|
+19.87% (+399,700)
|
|||
|
2022 Q1
|
1.06%
|
$49.74
|
+1.31% (+26,000)
|
|||
|
2021 Q4
|
0.96%
|
$41.73
|
+8.28% (+151,908)
|
|||
|
2021 Q3
|
0.87%
|
$32.53
|
new
|
|||
* Shares, change to shares, sold shares, shares held after: split-adjusted.
* Reported price: this doesn't represent the actual buy or sell price. It is the split-adjusted price of the security as of the last day of the reported period.
If the security is completely sold out, we show the reported split-adjusted price prior to the actual period.
If the security is completely sold out, we show the reported split-adjusted price prior to the actual period.
* Estimated cost basis: based on "Reported price*" (not earlier than 2013 Q2). Calculation starts from the latest "new buy" activity to the latest "close out" activity (if any).
* Value or Price: If the security is completely sold out, we show the reported value (or price) prior to the actual period.
* New buy or own: this means there is no earlier reporting (for us or in general). So we can't know if the actual purchase of the security happened at the reported period or earlier.