Harding Loevner’s Fomento Económico Mexicano FMX Stock Holding History

Harding Loevner’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
2026 Q1	$617M	Sell	5,558,756 -375,503	-6%	-$40.4M	6.35%	2
2025 Q4	$600M	Buy	5,934,259 +201,052	+4%	+$19.5M	5.28%	3
2025 Q3	$565M	Buy	5,733,207 +324,393	+6%	+$30.1M	4.15%	4
2025 Q2	$557M	Sell	5,408,814 -220,432	-4%	-$22.7M	3.75%	6
2025 Q1	$549M	Sell	5,629,246 -198,598	-3%	-$18M	4.21%	5
2024 Q4	$498M	Sell	5,827,844 -510,061	-8%	-$47.3M	3.37%	7
2024 Q3	$626M	Sell	6,337,905 -503,539	-7%	-$54.3M	3.61%	5
2024 Q2	$736M	Buy	6,841,444 +1,651,555	+32%	+$193M	4.06%	4
2024 Q1	$676M	Sell	5,189,889 -2,311,532	-31%	-$302M	4.17%	4
2023 Q4	$983M	Sell	7,501,421 -283,731	-4%	-$33.8M	5.52%	2
2023 Q3	$850M	Sell	7,785,152 -808,859	-9%	-$89.8M	5.61%	1
2023 Q2	$953M	Sell	8,594,011 -450,686	-5%	-$45.3M	5.56%	2
2023 Q1	$861M	Sell	9,044,697 -100,084	-1%	-$8.76M	4.9%	2
2022 Q4	$714M	Sell	9,144,781 -686,009	-7%	-$50.5M	4.12%	4
2022 Q3	$617M	Sell	9,830,790 -797,601	-8%	-$50.2M	4.04%	5
2022 Q2	$717M	Buy	10,628,391 +812,064	+8%	+$60.1M	4.42%	4
2022 Q1	$702M	Buy	9,816,327 +1,481,847	+18%	+$117M	3.87%	4
2021 Q4	$648M	Sell	8,334,480 -155,129	-2%	-$12.2M	2.48%	11
2021 Q3	$736M	Sell	8,489,609 -41,986	-0.5%	-$3.61M	2.94%	7
2021 Q2	$721M	Sell	8,531,595 -334,968	-4%	-$27.4M	2.71%	11
2021 Q1	$668M	Sell	8,866,563 -12,553	-0.1%	-$914K	2.61%	12
2020 Q4	$673M	Sell	8,879,116 -83,439	-0.9%	-$5.58M	2.78%	9
2020 Q3	$504M	Buy	8,962,555 +132,093	+1%	+$7.71M	1.82%	15
2020 Q2	$548M	Buy	8,830,462 +1,960,495	+29%	+$125M	2.62%	10
2020 Q1	$416M	Buy	6,869,967 +1,203,756	+21%	+$102M	2.32%	14
2019 Q4	$536M	Sell	5,666,211 -28,384	-0.5%	-$2.61M	2.38%	14
2019 Q3	$522M	Buy	5,694,595 +14,408	+0.3%	+$1.33M	2.46%	14
2019 Q2	$550M	Buy	5,680,187 +550,564	+11%	+$53.3M	2.52%	15
2019 Q1	$473M	Buy	5,129,623 +710,068	+16%	+$64.8M	2.22%	15
2018 Q4	$380M	Buy	4,419,555 +3,240,713	+275%	+$288M	2.2%	14
2018 Q3	$117M	Buy	1,178,842 +165,508	+16%	+$15.9M	0.61%	53
2018 Q2	$89M	Buy	1,013,334 +5,685	+0.6%	+$502K	0.5%	60
2018 Q1	$92.1M	Sell	1,007,649 -552	-0.1%	-$51.7K	0.48%	65
2017 Q4	$94.7M	Sell	1,008,201 -230	-0%	-$21K	0.54%	63
2017 Q3	$96.3M	Buy	1,008,431 +8,585	+0.9%	+$855K	0.55%	62
2017 Q2	$98.3M	Buy	999,846 +216,540	+28%	+$20.2M	0.6%	62
2017 Q1	$69.3M	Buy	783,306 +21,700	+3%	+$1.77M	0.45%	61
2016 Q4	$58M	Buy	761,606 +45,316	+6%	+$3.88M	0.41%	63
2016 Q3	$65.9M	Buy	716,290 +48,023	+7%	+$4.43M	0.48%	59
2016 Q2	$61.8M	Buy	668,267 +53,400	+9%	+$4.88M	0.48%	57
2016 Q1	$59.2M	Buy	614,867 +72,200	+13%	+$6.6M	0.47%	61
2015 Q4	$50.1M	Buy	542,667 +15,600	+3%	+$1.5M	0.41%	63
2015 Q3	$47M	Buy	527,067 +34,314	+7%	+$3.05M	0.38%	65
2015 Q2	$44.5M	Buy	492,753 +55,202	+13%	+$5.12M	0.31%	65
2015 Q1	$40.9M	Sell	437,551 -525,750	-55%	-$46.9M	0.31%	67
2014 Q4	$84.8M	Buy	963,301 +160,857	+20%	+$14.7M	0.68%	51
2014 Q3	$73.9M	Buy	802,444 +49,700	+7%	+$4.74M	0.55%	55
2014 Q2	$70.5M	Buy	752,744 +64,300	+9%	+$6.1M	0.53%	55
2014 Q1	$64.2M	Buy	688,444 +65,221	+10%	+$5.84M	0.49%	56
2013 Q4	$61M	Buy	623,223 +78,970	+15%	+$7.43M	0.47%	58
2013 Q3	$52.8M	Buy	544,253 +30,623	+6%	+$3.08M	0.47%	58
2013 Q2	$53M	Buy	+513,630	New	+$57.1M	0.51%	53

Other funds holding FMX

First Eagle Investment Management New York $59.9B AUM 27.01% 1-Year Est. Return

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

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

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

Baillie Gifford & Co Edinburgh, United Kingdom $110B AUM 4.8% 1-Year Est. Return

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

Harris Associates Chicago, Illinois $75B AUM 11.27% 1-Year Est. Return

Invesco Atlanta, Georgia $1.02T AUM 30.18% 1-Year Est. Return

IUHSA

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

Robeco Institutional Asset Management Rotterdam, Netherlands $81.4B AUM 40.71% 1-Year Est. Return

Harding Loevner's FMX Position: Q1 2026 in Review

Harding Loevner reduced its Fomento Económico Mexicano (FMX) stake by 6.3% in Q1 2026, selling an estimated $40.4M and leaving 5,558,756 shares worth $617M. The position accounts for 6.35% of the portfolio, ranked #2.

Harding Loevner first reported a position in FMX in Q2 2013 and has held it in 52 quarters since. The position peaked at $983M in Q4 2023. 307 funds tracked by Wall St. Rank hold FMX as of Q1 2026.

Harding Loevner held 5,558,756 shares of Fomento Económico Mexicano worth $617M as of Q1 2026.
Harding Loevner sold 375,503 Fomento Económico Mexicano shares in Q1 2026, an estimated $40.4M.
Fomento Económico Mexicano made up 6.35% of Harding Loevner's portfolio in Q1 2026, its #2 holding.
Harding Loevner first reported a position in Fomento Económico Mexicano in Q2 2013 and has held it in 52 quarters since.
Harding Loevner's Fomento Económico Mexicano position peaked at $983M in Q4 2023.
307 funds tracked by Wall St. Rank held Fomento Económico Mexicano as of Q1 2026.

Based on Harding Loevner's 13F filing for Q1 2026, filed 15 May 2026.