A number of other institutional investors and hedge funds also recently added to or reduced their stakes in FCX. Stratos Investment Management LLC grew its stake in shares of Freeport-McMoRan by 238.5% in the first quarter. Stratos Investment Management LLC now owns 64,519 shares of the natural resource company's stock valued at $2,443,000 after buying an additional 45,458 shares in the last quarter. Community Bank N.A. grew its stake in shares of Freeport-McMoRan by 18.5% in the first quarter. Community Bank N.A. now owns 39,571 shares of the natural resource company's stock valued at $1,498,000 after buying an additional 6,188 shares in the last quarter. Arizona State Retirement System grew its stake in shares of Freeport-McMoRan by 2.2% in the first quarter.