Fomento Económico Mexicano
FMX
232 hedge funds and large institutions have $4.07B invested in Fomento Económico Mexicano in 2020 Q1 according to their latest regulatory filings, with 28 funds opening new positions, 76 increasing their positions, 77 reducing their positions, and 60 closing their positions.
0.05% less ownership
Funds ownership: 3.16% → 3.11% (-0.05%)
1% less repeat investments, than reductions
Existing positions increased: 76 | Existing positions reduced: 77
13% less funds holding
Funds holding: 267 → 232 (-35)
29% less funds holding in top 10
Funds holding in top 10: 7 → 5 (-2)
37% less capital invested
Capital invested by funds: $6.45B → $4.07B (-$2.38B)
53% less first-time investments, than exits
New positions opened: 28 | Existing positions closed: 60
98% less call options, than puts
Call options by funds: $333K | Put options by funds: $18.1M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
First Eagle Investment Management
New York
|
+$142M |
| 2 |
HL
Harding Loevner
Bridgewater,
New Jersey
|
+$102M |
| 3 |
CFM
Coronation Fund Managers
Cape Town,
South Africa
|
+$44.3M |
| 4 |
OAG
Orbis Allan Gray
Hamilton,
Bermuda
|
+$40.1M |
| 5 |
Renaissance Technologies
New York
|
+$28.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
-$219M |
| 2 |
Aberdeen Group
Edinburgh,
United Kingdom
|
-$54.3M |
| 3 |
Janus Henderson Group
London,
United Kingdom
|
-$50.8M |
| 4 |
UIM
USS Investment Management
London,
United Kingdom
|
-$35.6M |
| 5 |
Fidelity International
Hamilton,
Bermuda
|
-$31.4M |
FMX Hedge Fund Activity: Q1 2020 in Review
232 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in Fomento Económico Mexicano (FMX) for Q1 2020, worth a combined $4.07B — down 37% from $6.45B a quarter earlier.
Sellers outnumbered buyers: 60 funds closed out of FMX and 28 opened new positions — a net loss of 32 holders — while 77 trimmed existing stakes and 76 added.
The largest buyer was First Eagle Investment Management, opening a new position worth an estimated $142M. The largest seller was JP Morgan Chase, cutting an estimated $219M.
- 232 institutional investors held Fomento Económico Mexicano (FMX) as of Q1 2020, down from 267 in Q4 2019.
- Funds reported $4.07B of Fomento Económico Mexicano stock for Q1 2020, down 37% quarter-over-quarter.
- 28 funds opened new Fomento Económico Mexicano positions in Q1 2020 and 60 closed out, a net change of -32 holders.
- The largest Fomento Económico Mexicano buyer in Q1 2020 was First Eagle Investment Management, an estimated $142M added.
- The largest Fomento Económico Mexicano seller in Q1 2020 was JP Morgan Chase, an estimated $219M sold.
Based on aggregated 13F filings for Q1 2020.