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Fomento Económico Mexicano

329 hedge funds and large institutions have $8.71B invested in Fomento Económico Mexicano in 2024 Q1 according to their latest regulatory filings, with 34 funds opening new positions, 114 increasing their positions, 133 reducing their positions, and 36 closing their positions.

New
Increased
Maintained
Reduced
Closed

56% more call options, than puts

Call options by funds: $361M | Put options by funds: $231M

0.2% less ownership

Funds ownership: 3.32%3.12% (-0.2%)

6% less first-time investments, than exits

New positions opened: 34 | Existing positions closed: 36

1% less funds holding

Funds holding: 333329 (-4)

7% less capital invested

Capital invested by funds: $9.33B → $8.71B (-$620M)

11% less funds holding in top 10

Funds holding in top 10: 1816 (-2)

14% less repeat investments, than reductions

Existing positions increased: 114 | Existing positions reduced: 133

Holders
329
Holders Change
-4
Holders Change %
-1.2%
% of All Funds
4.74%
Holding in Top 10
16
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-11.11%
% of All Funds
0.23%
New
34
Increased
114
Reduced
133
Closed
36
Calls
$361M
Puts
$231M
Net Calls
+$130M
Net Calls Change
-$120M
Name Holding Trade Value Shares
Change
Change in
Stake
SEI Investments
26
SEI Investments
Pennsylvania
$69.6M -$17.8M -136,656 -20%
Amundi
27
Amundi
France
$69.3M +$4.06M +31,104 +6%
Bank of America
28
Bank of America
North Carolina
$66.5M +$4.28M +32,750 +7%
BlackRock
29
BlackRock
New York
$57.4M -$20M -153,492 -26%
SGA
30
Sustainable Growth Advisers
Connecticut
$56.8M +$31.4M +240,256 +123%
VAM
31
Vontobel Asset Management
New York
$53M +$6.93M +53,080 +15%
Goldman Sachs
32
Goldman Sachs
New York
$51.3M -$20.1M -153,770 -28%
UIM
33
USS Investment Management
United Kingdom
$51.2M +$18.6M +142,072 +57%
Lazard Asset Management
34
Lazard Asset Management
New York
$50.6M +$3.93M +30,090 +8%
LOM
35
LTS One Management
New York
$44.9M -$653K -5,000 -1%
NC
36
Northcape Capital
Australia
$43.7M +$19.4M +148,391 +79%
CM
37
Corvex Management
New York
$41.6M -$59.1M -452,937 -59%
Envestnet Asset Management
38
Envestnet Asset Management
Illinois
$40.9M -$3.28M -25,093 -7%
American Century Companies
39
American Century Companies
Missouri
$37.8M +$6.77M +51,876 +22%
Northern Trust
40
Northern Trust
Illinois
$37.4M -$3.14M -24,010 -8%
ERSOT
41
Employees Retirement System of Texas
Texas
$37.4M -$1.47M -11,227 -4%
Dimensional Fund Advisors
42
Dimensional Fund Advisors
Texas
$33.7M +$1.09M +8,309 +3%
CIBC Private Wealth Group
43
CIBC Private Wealth Group
Georgia
$33M +$372K +2,848 +1%
CBCM
44
Cook & Bynum Capital Management
Alabama
$32.3M
Victory Capital Management
45
Victory Capital Management
Texas
$32M +$2.88M +22,034 +10%
State of New Jersey Common Pension Fund D
46
State of New Jersey Common Pension Fund D
New Jersey
$32M
DCM
47
Driehaus Capital Management
Illinois
$31.7M -$46M -352,149 -59%
II
48
INCA Investments
Florida
$30.7M -$9.37M -71,787 -23%
GF
49
Gabelli Funds
New York
$29.7M -$522K -4,000 -2%
ZP
50
Zimmer Partners
New York
$28M +$22.2M +170,000 +378%

FMX Hedge Fund Activity: Q1 2024 in Review

329 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Fomento Económico Mexicano (FMX) for Q1 2024, worth a combined $8.71B — down 6.6% from $9.33B a quarter earlier.

Sellers outnumbered buyers: 36 funds closed out of FMX and 34 opened new positions — a net loss of 2 holders — while 133 trimmed existing stakes and 114 added.

The largest buyer was Citigroup, adding an estimated $210M. The largest seller was Harding Loevner, cutting an estimated $302M.

  • 329 institutional investors held Fomento Económico Mexicano (FMX) as of Q1 2024, down from 333 in Q4 2023.
  • Funds reported $8.71B of Fomento Económico Mexicano stock for Q1 2024, down 6.6% quarter-over-quarter.
  • 34 funds opened new Fomento Económico Mexicano positions in Q1 2024 and 36 closed out, a net change of -2 holders.
  • The largest Fomento Económico Mexicano buyer in Q1 2024 was Citigroup, an estimated $210M added.
  • The largest Fomento Económico Mexicano seller in Q1 2024 was Harding Loevner, an estimated $302M sold.

Based on aggregated 13F filings for Q1 2024.