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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
CC
51
Carrhae Capital
United Kingdom
$26.9M -$9.31M -71,304 -26%
UBS Group
52
UBS Group
Switzerland
$25.3M -$2.57M -19,679 -9%
SP
53
Sarasin & Partners
United Kingdom
$24.1M +$3.26M +25,000 +16%
CFM
54
Coronation Fund Managers
South Africa
$23.3M -$4.06M -31,096 -15%
New York State Common Retirement Fund
55
New York State Common Retirement Fund
New York
$22.1M
CAM
56
Cidel Asset Management
Ontario, Canada
$21.9M -$706K -5,408 -3%
Arrowstreet Capital
57
Arrowstreet Capital
Massachusetts
$21.8M -$15.5M -118,549 -42%
Invesco
58
Invesco
Georgia
$20M -$4.06M -31,084 -17%
MI
59
Mercer Investments
Massachusetts
$19.8M -$1.41M -10,767 -7%
ACM
60
Aubrey Capital Management
United Kingdom
$19.4M +$3.32M +25,400 +21%
Acadian Asset Management
61
Acadian Asset Management
Massachusetts
$18.7M -$76.5M -585,642 -80%
SO
62
STRS Ohio
Ohio
$18.2M -$28.9M -220,978 -61%
Barclays
63
Barclays
United Kingdom
$17.8M +$15.9M +121,636 +793%
Russell Investments Group
64
Russell Investments Group
United Kingdom
$15.5M -$13.3M -101,689 -46%
National Bank of Canada
65
National Bank of Canada
Quebec, Canada
$13.9M +$15M +115,134 +87,223%
GI
66
GAMCO Investors
Connecticut
$13.6M -$803K -6,146 -6%
JFG
67
Jefferies Financial Group
New York
$13.6M +$13.6M +104,300 New
Ameriprise
68
Ameriprise
Minnesota
$13.4M -$814K -6,237 -6%
LCS
69
Levin Capital Strategies
New York
$13M +$7.44K +57 +0.1%
T. Rowe Price Associates
70
T. Rowe Price Associates
Maryland
$11.4M -$4.68M -35,802 -29%
APG Asset Management
71
APG Asset Management
Netherlands
$11.4M +$1.95M +14,900 +19%
JCM
72
Janney Capital Management
Pennsylvania
$11.3M -$311K -2,378 -3%
B
73
Barings
North Carolina
$10.7M
ADEF
74
ABS Direct Equity Fund
Connecticut
$9.28M +$274K +2,100 +3%
EAM
75
Erste Asset Management
Austria
$8.44M +$1.57M +12,000 +23%

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.