Betterware México
BWMX
19 hedge funds and large institutions have $33.8M invested in Betterware México in 2022 Q3 according to their latest regulatory filings, with 5 funds opening new positions, 1 increasing their positions, 11 reducing their positions, and 16 closing their positions.
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
6.51% less ownership
Funds ownership: 18.96% → 12.44% (-6.5%)
37% less funds holding
Funds holding: 30 → 19 (-11)
44% less capital invested
Capital invested by funds: $60.3M → $33.8M (-$26.4M)
69% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 16
91% less repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 11
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
+$547K |
| 2 |
State Street
Boston,
Massachusetts
|
+$505K |
| 3 |
CFB
Cullen/Frost Bankers
San Antonio,
Texas
|
+$88.1K |
| 4 |
DCM
DGS Capital Management
Jersey City,
New Jersey
|
+$60.5K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$7.97K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MIA
MMBG Investment Advisors
Miami,
Florida
|
-$7.73M |
| 2 |
Mirae Asset Global Investments
Seoul,
South Korea
|
-$4.17M |
| 3 |
ProShare Advisors
Bethesda,
Maryland
|
-$3.75M |
| 4 |
SCP
Steamboat Capital Partners
Rye,
New York
|
-$2.07M |
| 5 |
CG
Compass Group
New York
|
-$1.44M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
QC
26
Quadrature Capital
London,
United Kingdom
| – | -$181K | -21,037 | Closed |
|
|
AC
27
Apogem Capital
New York
| – | -$170K | -19,621 | Closed |
|
|
ECM
28
ExodusPoint Capital Management
New York
| – | -$144K | -16,702 | Closed |
|
29
Verition Fund Management
Greenwich,
Connecticut
| – | -$113K | -13,044 | Closed |
|
30
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$111K | -12,850 | Closed |
|
|
FTDI
31
First Trust Direct Indexing
Boston,
Massachusetts
| – | -$101K | -11,687 | Closed |
|
32
UBS Group
Zurich,
Switzerland
| – | -$9K | -1,005 | Closed |
|
|
PCM
33
Penserra Capital Management
Orinda,
California
| – | -$8K | -963 | Closed |
|
34
Lazard Asset Management
New York
| – | -$7K | -904 | Closed |
|
BWMX Hedge Fund Activity: Q3 2022 in Review
19 of the 5,805 institutional investors tracked by Wall St. Rank reported a position in Betterware México (BWMX) for Q3 2022, worth a combined $33.8M — down 44% from $60.3M a quarter earlier.
Sellers outnumbered buyers: 16 funds closed out of BWMX and 5 opened new positions — a net loss of 11 holders — while 11 trimmed existing stakes and 1 added.
The largest buyer was Millennium Management, opening a new position worth an estimated $547K. The largest seller was MMBG Investment Advisors, cutting an estimated $7.73M.
- 19 institutional investors held Betterware México (BWMX) as of Q3 2022, down from 30 in Q2 2022.
- Funds reported $33.8M of Betterware México stock for Q3 2022, down 44% quarter-over-quarter.
- 5 funds opened new Betterware México positions in Q3 2022 and 16 closed out, a net change of -11 holders.
- The largest Betterware México buyer in Q3 2022 was Millennium Management, an estimated $547K added.
- The largest Betterware México seller in Q3 2022 was MMBG Investment Advisors, an estimated $7.73M sold.
Based on aggregated 13F filings for Q3 2022.