Fomento Económico Mexicano
333 hedge funds and large institutions have $9.33B invested in Fomento Económico Mexicano in 2023 Q4 according to their latest regulatory filings, with 56 funds opening new positions, 98 increasing their positions, 131 reducing their positions, and 28 closing their positions.
2,770% more call options, than puts
Call options by funds: $260M | Put options by funds: $9.04M
100% more first-time investments, than exits
New positions opened: 56 | Existing positions closed: 28
22% more capital invested
Capital invested by funds: $7.63B → $9.33B (+$1.7B)
8% more funds holding
Funds holding: 308 → 333 (+25)
0.08% more ownership
Funds ownership: 3.24% → 3.32% (+0.08%)
5% less funds holding in top 10
Funds holding in top 10: 19 → 18 (-1)
25% less repeat investments, than reductions
Existing positions increased: 98 | Existing positions reduced: 131
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
+$211M |
| 2 |
Baillie Gifford & Co
Edinburgh,
United Kingdom
|
+$160M |
| 3 |
IUHSA
Itau Unibanco Holding S.A.
Sao Paulo,
Brazil
|
+$94.3M |
| 4 |
Morgan Stanley
New York
|
+$92.6M |
| 5 |
HRCM
Hawk Ridge Capital Management
Los Angeles,
California
|
+$72.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
First Eagle Investment Management
New York
|
-$105M |
| 2 |
EC
Eminence Capital
New York
|
-$66.7M |
| 3 |
Allspring Global Investments
Charlotte,
North Carolina
|
-$62.8M |
| 4 |
Assenagon Asset Management
Senningerberg,
Luxembourg
|
-$62.6M |
| 5 |
Goldman Sachs
New York
|
-$58.5M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
PI
351
Putnam Investments
Boston,
Massachusetts
| – | -$297K | -2,719 | Closed |
|
|
RRAM
352
River Road Asset Management
Louisville,
Kentucky
| – | -$252K | -2,305 | Closed |
|
|
XT
353
XTX Topco
George Town,
Cayman Islands
| – | -$224K | -2,055 | Closed |
|
|
CHP
354
Cable Hill Partners
Portland,
Oregon
| – | -$203K | -1,862 | Closed |
|
355
Janney Montgomery Scott
Philadelphia,
Pennsylvania
| – | -$201K | -1,838 | Closed |
|
|
RTC
356
Riverview Trust Company
Vancouver,
Washington
| – | -$157K | -1,434 | Closed |
|
|
LSA
357
Leonteq Securities AG
Zurich,
Switzerland
| – | -$22.7K | -208 | Closed |
|
|
RCM
358
Raleigh Capital Management
Cary,
North Carolina
| – | -$5.77K | -53 | Closed |
|
|
OP
359
ORG Partners
Roanoke,
Indiana
| – | -$1.64K | -15 | Closed |
|
|
PCTC
360
Perkins Coie Trust Company
Seattle,
Washington
| – | -$1.31K | -12 | Closed |
|
|
PTC
361
Private Trust Company
Cleveland,
Ohio
| – | -$873 | -8 | Closed |
|
FMX Hedge Fund Activity: Q4 2023 in Review
333 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in Fomento Económico Mexicano (FMX) for Q4 2023, worth a combined $9.33B — up 22% from $7.63B a quarter earlier.
Buyers outnumbered sellers: 56 funds opened new FMX positions and 28 closed out — a net gain of 28 holders — while 98 added to existing stakes and 131 trimmed.
The largest buyer was JP Morgan Chase, adding an estimated $211M. The largest seller was First Eagle Investment Management, cutting an estimated $105M.
- 333 institutional investors held Fomento Económico Mexicano (FMX) as of Q4 2023, up from 308 in Q3 2023.
- Funds reported $9.33B of Fomento Económico Mexicano stock for Q4 2023, up 22% quarter-over-quarter.
- 56 funds opened new Fomento Económico Mexicano positions in Q4 2023 and 28 closed out, a net change of +28 holders.
- The largest Fomento Económico Mexicano buyer in Q4 2023 was JP Morgan Chase, an estimated $211M added.
- The largest Fomento Económico Mexicano seller in Q4 2023 was First Eagle Investment Management, an estimated $105M sold.
Based on aggregated 13F filings for Q4 2023.