Fomento Económico Mexicano
FMX
267 hedge funds and large institutions have $6.45B invested in Fomento Económico Mexicano in 2019 Q4 according to their latest regulatory filings, with 40 funds opening new positions, 77 increasing their positions, 102 reducing their positions, and 26 closing their positions.
54% more first-time investments, than exits
New positions opened: 40 | Existing positions closed: 26
4% more funds holding
Funds holding: 257 → 267 (+10)
4% more call options, than puts
Call options by funds: $765K | Put options by funds: $737K
0.14% less ownership
Funds ownership: 3.3% → 3.16% (-0.14%)
1% less capital invested
Capital invested by funds: $6.52B → $6.45B (-$74.1M)
13% less funds holding in top 10
Funds holding in top 10: 8 → 7 (-1)
25% less repeat investments, than reductions
Existing positions increased: 77 | Existing positions reduced: 102
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OAG
Orbis Allan Gray
Hamilton,
Bermuda
|
+$174M |
| 2 |
CFM
Coronation Fund Managers
Cape Town,
South Africa
|
+$59.2M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$29.7M |
| 4 |
Mitsubishi UFJ Trust & Banking
Tokyo,
Japan
|
+$28.5M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$25.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Janus Henderson Group
London,
United Kingdom
|
-$102M |
| 2 |
Morgan Stanley
New York
|
-$91.7M |
| 3 |
GQG Partners
Ft. Lauderdale,
Florida
|
-$85.6M |
| 4 |
Invesco
Atlanta,
Georgia
|
-$85M |
| 5 |
Aberdeen Group
Edinburgh,
United Kingdom
|
-$81.2M |
FMX Hedge Fund Activity: Q4 2019 in Review
267 of the 5,075 institutional investors tracked by Wall St. Rank reported a position in Fomento Económico Mexicano (FMX) for Q4 2019, worth a combined $6.45B — down 1.1% from $6.52B a quarter earlier.
Buyers outnumbered sellers: 40 funds opened new FMX positions and 26 closed out — a net gain of 14 holders — while 77 added to existing stakes and 102 trimmed.
The largest buyer was Orbis Allan Gray, adding an estimated $174M. The largest seller was Janus Henderson Group, cutting an estimated $102M.
- 267 institutional investors held Fomento Económico Mexicano (FMX) as of Q4 2019, up from 257 in Q3 2019.
- Funds reported $6.45B of Fomento Económico Mexicano stock for Q4 2019, down 1.1% quarter-over-quarter.
- 40 funds opened new Fomento Económico Mexicano positions in Q4 2019 and 26 closed out, a net change of +14 holders.
- The largest Fomento Económico Mexicano buyer in Q4 2019 was Orbis Allan Gray, an estimated $174M added.
- The largest Fomento Económico Mexicano seller in Q4 2019 was Janus Henderson Group, an estimated $102M sold.
Based on aggregated 13F filings for Q4 2019.