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
RG
76
Renaissance Group
Kentucky
$7.53M +$443K +4,404 +7%
SFI
77
Susquehanna Fundamental Investments
Pennsylvania
$7.32M – – –
OAM
78
Oppenheimer Asset Management
New York
$7.29M -$95.6K -951 -1%
LIP
79
Lighthouse Investment Partners
Florida
$7.25M +$4.37M +43,406 +197%
PIM
80
Paradice Investment Management
Colorado
$7.19M +$6.52M +64,879 New
OC
81
One01 Capital
California
$7.17M +$6.51M +64,695 New
BMSSC
82
B. Metzler seel. Sohn & Co
Germany
$7.08M -$995K -9,890 -13%
Natixis Advisors
83
Natixis Advisors
Massachusetts
$6.95M +$1.36M +13,522 +27%
VAM
84
Vontobel Asset Management
New York
$6.79M -$712K -7,081 -10%
EAM
85
Erste Asset Management
Austria
$6.75M +$6.13M +61,000 New
Connor, Clark & Lunn Investment Management (CC&L)
86
Connor, Clark & Lunn Investment Management (CC&L)
British Columbia, Canada
$6.69M +$5.2M +51,700 +600%
OAG
87
Orbis Allan Gray
Bermuda
$6.65M -$17.7M -175,650 -75%
BNP Paribas Asset Management
88
BNP Paribas Asset Management
France
$6.53M -$90.5K -900 -2%
RFWA
89
RPg Family Wealth Advisory
Massachusetts
$6.44M -$69.1K -687 -1%
Grantham, Mayo, Van Otterloo & Co (GMO)
90
Grantham, Mayo, Van Otterloo & Co (GMO)
Massachusetts
$6.1M -$3.02M -30,052 -35%
National Bank of Canada
91
National Bank of Canada
Quebec, Canada
$5.94M -$688K -6,839 -11%
Bank of New York Mellon
92
Bank of New York Mellon
New York
$5.6M +$396K +3,933 +8%
Fayez Sarofim & Co
93
Fayez Sarofim & Co
Texas
$5.54M -$768K -7,633 -13%
MCM
94
McKinley Capital Management
Alaska
$5.45M +$347K +3,455 +8%
BEAM
95
Baker Ellis Asset Management
Washington
$4.86M -$40.7K -405 -0.9%
Fifth Third Bancorp
96
Fifth Third Bancorp
Ohio
$4.79M +$54.9K +546 +1%
CSPIA
97
Cary Street Partners Investment Advisory
Virginia
$4.77M +$183K +1,821 +4%
AQR Capital Management
98
AQR Capital Management
Connecticut
$4.61M -$30.4M -302,529 -88%
MIA
99
MMBG Investment Advisors
Florida
$4.58M – – –
Qube Research & Technologies (QRT)
100
Qube Research & Technologies (QRT)
United Kingdom
$4.5M +$3.49M +34,723 +589%
2 3
4
5 6

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.