5 Best Mineral Stocks To Buy Now

2. Freeport-McMoRan Inc. (NYSE:FCX)

Number of Hedge Fund Investors In Q3 2023: 73

Freeport-McMoRan Inc. (NYSE:FCX) is an American copper miner headquartered in Phoenix, Arizona. Its shares have been doing well in November 2023, as they have been buoyed by rising copper prices partly due to growing demand from China.

By the end of 2023’s third quarter, 73 out of the 910 hedge funds profiled by Insider Monkey had held a stake in the firm. Freeport-McMoRan Inc. (NYSE:FCX)’s biggest hedge fund investor is Ken Fisher’s Fisher Asset Management as it owns $2 billion worth of shares.

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