Howard Marks acquired 2M Freeport-McMoRan shares worth $79.2M. That's 2.11% 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 four occasions. The stake costed the investor $73.4M, netting the investor a gain of 7.8% so far.