One of the new weekly additions here at The Acquirer’s Multiple features some of the top picks from our Stock Screeners and some top investors who are holding these same picks in their portfolios. Investors such as Joel Greenblatt, Carl Icahn, Jim Simons, Prem Watsa, Jeremy Grantham, Seth Klarman, Ray Dalio, and Howard Marks.
The top investor data is provided from the latest 13F’s over at WhaleWisdom (dated 2018-3-31). This week we’ll take a look at one of the picks from our Large Cap Stock Screener:
Freeport-McMoRan Inc (NYSE:FCX)
A quick look at the price chart below for Freeport-McMoRan shows us that the stock is up 44% in the past twelve months. We currently have the stock trading on an Acquirer’s Multiple of 7.57 which means that it remains undervalued.
(Source: Morningstar)
Top investors who currently hold positions in Freeport-McMoRan include:
Carl Icahn – 50,161,354 total shares
Cliff Asness – 11,969,783 total shares
Jim Simons – 5,544,771 total shares
Ken Griffin – 4,952,025 total shares
Mario Gabelli – 3,537,650 total shares
Ken Heebner – 2,600,000 total shares
Steve Cohen – 2,550,197 total shares
Jeremy Grantham – 1,057,405 total shares
Joel Greenblatt – 611,296 total shares
Ray Dalio – 534,699 total shares
Lee Ainslie – 196,790 total shares
Paul Tudor Jones – 91,851 total shares
David Dreman – 31,348 total shares
For all the latest news and podcasts, join our free newsletter here.
Don’t forget to check out our FREE Large Cap 1000 – Stock Screener, here at The Acquirer’s Multiple:
