Howard Marks acquired 2.19 Million Freeport-McMoRan shares worth $97.4 Million. That's 2.53% of their equity portfolio (11th largest holding). The first Freeport-McMoRan trade was made in Q3 2000. Since then Howard Marks bought shares twelve more times and sold shares on three occasions. The stake costed the investor $80.6 Million, netting the investor a gain of 21% so far.