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Fomento Económico Mexicano

308 hedge funds and large institutions have $7.63B invested in Fomento Económico Mexicano in 2023 Q3 according to their latest regulatory filings, with 41 funds opening new positions, 109 increasing their positions, 107 reducing their positions, and 26 closing their positions.

New
Increased
Maintained
Reduced
Closed

385% more call options, than puts

Call options by funds: $77.9M | Put options by funds: $16.1M

58% more first-time investments, than exits

New positions opened: 41 | Existing positions closed: 26

6% more funds holding in top 10

Funds holding in top 10: 1819 (+1)

5% more funds holding

Funds holding: 293308 (+15)

2% more repeat investments, than reductions

Existing positions increased: 109 | Existing positions reduced: 107

0.09% less ownership

Funds ownership: 3.32%3.24% (-0.09%)

4% less capital invested

Capital invested by funds: $7.95B → $7.63B (-$323M)

Holders
308
Holders Change
+15
Holders Change %
+5.12%
% of All Funds
4.89%
Holding in Top 10
19
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+5.56%
% of All Funds
0.3%
New
41
Increased
109
Reduced
107
Closed
26
Calls
$77.9M
Puts
$16.1M
Net Calls
+$61.9M
Net Calls Change
+$63M
Name Holding Trade Value Shares
Change
Change in
Stake
GF
51
Gabelli Funds
New York
$25.5M +$222K +2,000 +0.9%
Invesco
52
Invesco
Georgia
$24.2M +$3.59M +32,350 +17%
SP
53
Sarasin & Partners
United Kingdom
$22.8M
SGA
54
Sustainable Growth Advisers
Connecticut
$22.6M +$4.5M +40,526 +24%
Deutsche Bank
55
Deutsche Bank
Germany
$22.5M -$14.1M -126,699 -38%
Russell Investments Group
56
Russell Investments Group
United Kingdom
$22.5M -$11.3M -101,827 -33%
Lazard Asset Management
57
Lazard Asset Management
New York
$20.5M +$5.62M +50,609 +37%
NC
58
Northcape Capital
Australia
$19.7M +$6.65M +59,926 +50%
MI
59
Mercer Investments
Massachusetts
$19M -$1.47M -13,282 -7%
CAM
60
Cidel Asset Management
Ontario, Canada
$18.6M +$193K +1,738 +1%
Canada Pension Plan Investment Board
61
Canada Pension Plan Investment Board
Ontario, Canada
$17M -$1.78M -16,000 -9%
T. Rowe Price Associates
62
T. Rowe Price Associates
Maryland
$15.8M
GI
63
GAMCO Investors
Connecticut
$12.6M -$1.18M -10,650 -8%
KWILP
64
Kiwi Wealth Investments Limited Partnership
New Zealand
$12.3M +$12.5M +112,471 New
Ameriprise
65
Ameriprise
Minnesota
$11.9M -$1.1M -9,905 -8%
Qube Research & Technologies (QRT)
66
Qube Research & Technologies (QRT)
United Kingdom
$11.7M +$7.44M +67,022 +165%
UBS Group
67
UBS Group
Switzerland
$11.2M -$1.05M -9,494 -8%
LCS
68
Levin Capital Strategies
New York
$11.1M -$765K -6,891 -6%
MIS
69
Morningstar Investment Services
Illinois
$10.5M +$211K +1,902 +2%
Millennium Management
70
Millennium Management
New York
$10.1M +$2.22M +20,003 +27%
B
71
Barings
North Carolina
$10.1M +$10.3M +92,806 New
JCM
72
Janney Capital Management
Pennsylvania
$9.86M -$1.86M -16,746 -16%
DRZID
73
DePrince Race & Zollo Inc (DRZ)
Florida
$9.71M
US Bancorp
74
US Bancorp
Minnesota
$8.99M +$161K +1,449 +2%
APG Asset Management
75
APG Asset Management
Netherlands
$8.13M +$4.74M +42,700 +134%

FMX Hedge Fund Activity: Q3 2023 in Review

308 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in Fomento Económico Mexicano (FMX) for Q3 2023, worth a combined $7.63B — down 4.1% from $7.95B a quarter earlier.

Buyers outnumbered sellers: 41 funds opened new FMX positions and 26 closed out — a net gain of 15 holders — while 109 added to existing stakes and 107 trimmed.

The largest buyer was Baillie Gifford & Co, adding an estimated $150M. The largest seller was Schroder Investment Management Group, cutting an estimated $190M.

  • 308 institutional investors held Fomento Económico Mexicano (FMX) as of Q3 2023, up from 293 in Q2 2023.
  • Funds reported $7.63B of Fomento Económico Mexicano stock for Q3 2023, down 4.1% quarter-over-quarter.
  • 41 funds opened new Fomento Económico Mexicano positions in Q3 2023 and 26 closed out, a net change of +15 holders.
  • The largest Fomento Económico Mexicano buyer in Q3 2023 was Baillie Gifford & Co, an estimated $150M added.
  • The largest Fomento Económico Mexicano seller in Q3 2023 was Schroder Investment Management Group, an estimated $190M sold.

Based on aggregated 13F filings for Q3 2023.