We are live on ! Find out more
FMX icon

Fomento Económico Mexicano
FMX

293 hedge funds and large institutions have $7.95B invested in Fomento Económico Mexicano in 2023 Q2 according to their latest regulatory filings, with 52 funds opening new positions, 92 increasing their positions, 109 reducing their positions, and 22 closing their positions.

New
Increased
Maintained
Reduced
Closed

136% more first-time investments, than exits

New positions opened: 52 | Existing positions closed: 22

13% more capital invested

Capital invested by funds: $7.04B → $7.95B (+$916M)

13% more funds holding in top 10

Funds holding in top 10: 16 → 18 (+2)

11% more funds holding

Funds holding: 263 → 293 (+30)

0.11% less ownership

Funds ownership: 3.43% → 3.32% (-0.11%)

12% less call options, than puts

Call options by funds: $8.37M | Put options by funds: $9.5M

16% less repeat investments, than reductions

Existing positions increased: 92 | Existing positions reduced: 109

Holders
293
Holders Change
+30
Holders Change %
+11.41%
% of All Funds
4.6%
Holding in Top 10
18
Holding in Top 10 Change
+2
Holding in Top 10 Change %
+12.5%
% of All Funds
0.28%
New
52
Increased
92
Reduced
109
Closed
22
Calls
$8.37M
Puts
$9.5M
Net Calls
-$1.13M
Net Calls Change
-$6.38M

Top Buyers

1
Baillie Gifford & Co
Baillie Gifford & Co
United Kingdom
+$115M
2
WCM Investment Management
WCM Investment Management
California
+$65.5M
3
DCM
Driehaus Capital Management
Illinois
+$43.3M
4
PL
Perpetual Ltd
Australia
+$38.3M
5
AI
Axiom Investors
Connecticut
+$31.3M

Top Sellers

1
CGI
Comgest Global Investors
France
-$56.5M
2
Deutsche Bank
Deutsche Bank
Germany
-$54.6M
3
LPC
Long Pond Capital
New York
-$54.3M
4
CM
Corvex Management
New York
-$52.2M
5
SP
Sarasin & Partners
United Kingdom
-$49.7M
Name Holding Trade Value Shares
Change 		Change in
Stake
SEI Investments
26
SEI Investments
Pennsylvania
$61.5M +$13.2M +131,623 +31%
Amundi
27
Amundi
France
$58.6M +$1.45M +14,399 +3%
LFDLE
28
La Financiere de L'Echiquier
France
$58.1M -$5.72M -56,922 -10%
PL
29
Perpetual Ltd
Australia
$57M +$38.3M +380,888 +286%
Bank of America
30
Bank of America
North Carolina
$56.6M +$3.59M +35,724 +8%
DC
31
Dendur Capital
New York
$56.5M -$6.44M -64,000 -11%
Assenagon Asset Management
32
Assenagon Asset Management
Luxembourg
$56.2M +$1.6M +15,906 +3%
Robeco Institutional Asset Management
33
Robeco Institutional Asset Management
Netherlands
$53.2M +$6.46M +64,198 +15%
CFM
34
Coronation Fund Managers
South Africa
$52.3M -$22.9M -228,083 -33%
DCM
35
Driehaus Capital Management
Illinois
$47.7M +$43.3M +430,278 New
II
36
INCA Investments
Florida
$46.5M -$2.96M -29,442 -7%
SO
37
STRS Ohio
Ohio
$43.3M -$7.04M -70,000 -15%
Victory Capital Management
38
Victory Capital Management
Texas
$42.9M -$1.02M -10,114 -3%
Northern Trust
39
Northern Trust
Illinois
$38.4M +$2.04M +20,237 +6%
Deutsche Bank
40
Deutsche Bank
Germany
$36.9M -$54.6M -542,655 -62%
AI
41
Axiom Investors
Connecticut
$34.5M +$31.3M +311,503 New
Russell Investments Group
42
Russell Investments Group
United Kingdom
$34.2M +$3.52M +35,019 +13%
State of New Jersey Common Pension Fund D
43
State of New Jersey Common Pension Fund D
New Jersey
$31.8M +$357K +3,547 +1%
CIBC Private Wealth Group
44
CIBC Private Wealth Group
Georgia
$30M +$1.23M +12,216 +5%
LOM
45
LTS One Management
New York
$28.8M -$8.2M -81,500 -24%
UIM
46
USS Investment Management
United Kingdom
$27.8M -$5.05M -50,194 -17%
CBCM
47
Cook & Bynum Capital Management
Alabama
$27.6M – – –
Envestnet Asset Management
48
Envestnet Asset Management
Illinois
$26.3M +$2.08M +20,693 +10%
GF
49
Gabelli Funds
New York
$25.7M +$141K +1,400 +0.6%
Dimensional Fund Advisors
50
Dimensional Fund Advisors
Texas
$25.6M +$437K +4,341 +2%
1
2
3 4 5

FMX Hedge Fund Activity: Q2 2023 in Review

293 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in Fomento Económico Mexicano (FMX) for Q2 2023, worth a combined $7.95B — up 13% from $7.04B a quarter earlier.

Buyers outnumbered sellers: 52 funds opened new FMX positions and 22 closed out — a net gain of 30 holders — while 92 added to existing stakes and 109 trimmed.

The largest buyer was Baillie Gifford & Co, opening a new position worth an estimated $115M. The largest seller was Comgest Global Investors, cutting an estimated $56.5M.

  • 293 institutional investors held Fomento Económico Mexicano (FMX) as of Q2 2023, up from 263 in Q1 2023.
  • Funds reported $7.95B of Fomento Económico Mexicano stock for Q2 2023, up 13% quarter-over-quarter.
  • 52 funds opened new Fomento Económico Mexicano positions in Q2 2023 and 22 closed out, a net change of +30 holders.
  • The largest Fomento Económico Mexicano buyer in Q2 2023 was Baillie Gifford & Co, an estimated $115M added.
  • The largest Fomento Económico Mexicano seller in Q2 2023 was Comgest Global Investors, an estimated $56.5M sold.

Based on aggregated 13F filings for Q2 2023.