Carrhae Capital’s Fomento Económico Mexicano FMX Stock Holding History

Carrhae Capital’s Portfolio FMX Stock Details FMX Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2025 Q1	–	Sell	-543,167	Closed	-$46.4M	–	30
2024 Q4	$46.4M	Buy	543,167 +103,131	+23%	+$9.57M	3.88%	12
2024 Q3	$43.4M	Buy	440,036 +138,540	+46%	+$14.9M	4.96%	9
2024 Q2	$32.5M	Buy	301,496 +95,126	+46%	+$11.1M	3.74%	10
2024 Q1	$26.9M	Sell	206,370 -71,304	-26%	-$9.31M	4.78%	7
2023 Q4	$36.2M	Buy	277,674 +37,574	+16%	+$4.47M	7.15%	5
2023 Q3	$26.2M	Buy	240,100 +92,539	+63%	+$10.3M	9%	5
2023 Q2	$16.4M	Buy	+147,561	New	+$14.8M	7.21%	6
2022 Q3	–	Sell	-44,057	Closed	-$2.97M	–	18
2022 Q2	$2.97M	Buy	44,057 +7,166	+19%	+$530K	2.51%	12
2022 Q1	$3.06M	Buy	+36,891	New	+$2.91M	1.1%	13
2015 Q4	–	Sell	-86,000	Closed	-$7.68M	–	8
2015 Q3	$7.68M	Buy	+86,000	New	+$7.65M	9.89%	6

Other funds holding FMX

First Eagle Investment Management New York $59B AUM 32.99% 1-Year Est. Return

Harding Loevner Bridgewater, New Jersey $9.72B AUM 22.38% 1-Year Est. Return

Royal Bank of Canada Toronto, Ontario, Canada $570B AUM 27.57% 1-Year Est. Return

Schroder Investment Management Group London, United Kingdom $122B AUM 29.27% 1-Year Est. Return

Baillie Gifford & Co Edinburgh, United Kingdom $97.9B AUM 20.73% 1-Year Est. Return

Nuveen Charlotte, North Carolina $369B AUM 31.66% 1-Year Est. Return

Fidelity Investments Boston, Massachusetts $1.9T AUM 41.92% 1-Year Est. Return

JP Morgan Chase New York $1.56T AUM 27.86% 1-Year Est. Return

Morgan Stanley New York $1.66T AUM 25.57% 1-Year Est. Return

IUHSA

Itau Unibanco Holding S.A. Sao Paulo, Brazil $4.31B AUM 46.57% 1-Year Est. Return

Carrhae Capital's FMX Position: Q1 2025 in Review

Carrhae Capital sold out of Fomento Económico Mexicano (FMX) in Q1 2025, closing a stake of 543,167 shares — an estimated $46.4M sold.

Carrhae Capital first reported a position in FMX in Q3 2015 and held it in 10 quarters. The position peaked at $46.4M in Q4 2024. 275 funds tracked by Wall St. Rank hold FMX as of Q1 2025.

Carrhae Capital reported no remaining Fomento Económico Mexicano position as of Q1 2025 after selling out during the quarter.
Carrhae Capital sold 543,167 Fomento Económico Mexicano shares in Q1 2025, an estimated $46.4M.
Carrhae Capital first reported a position in Fomento Económico Mexicano in Q3 2015 and held it in 10 quarters.
Carrhae Capital's Fomento Económico Mexicano position peaked at $46.4M in Q4 2024.
275 funds tracked by Wall St. Rank held Fomento Económico Mexicano as of Q1 2025.

Based on Carrhae Capital's 13F filing for Q1 2025, filed 2 May 2025.