Horizon Kinetics Asset Management LLC reduced its stake in Freeport-McMoRan Inc. ( NYSE:FCX – Get Rating ) by 1.1% in the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 107,197 shares of the natural resource company's stock after selling 1,140 shares during the quarter. Horizon Kinetics Asset Management LLC's holdings in Freeport-McMoRan were worth $4,073,000 at the end of the most recent reporting period. Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock.

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