Fomento Económico Mexicano
FMX
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.
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: 333 → 329 (-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: 18 → 16 (-2)
14% less repeat investments, than reductions
Existing positions increased: 114 | Existing positions reduced: 133
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citigroup
New York
|
+$210M |
| 2 |
JP Morgan Chase
New York
|
+$65.1M |
| 3 |
Schroder Investment Management Group
London,
United Kingdom
|
+$62.1M |
| 4 |
Baillie Gifford & Co
Edinburgh,
United Kingdom
|
+$45M |
| 5 |
HRCM
Hawk Ridge Capital Management
Los Angeles,
California
|
+$40.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HL
Harding Loevner
Bridgewater,
New Jersey
|
-$302M |
| 2 |
IUHSA
Itau Unibanco Holding S.A.
Sao Paulo,
Brazil
|
-$83.3M |
| 3 |
WCM Investment Management
Laguna Beach,
California
|
-$83M |
| 4 |
TCIM
TOMS Capital Investment Management
New York
|
-$82.3M |
| 5 |
Acadian Asset Management
Boston,
Massachusetts
|
-$76.5M |
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.