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.
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
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Baillie Gifford & Co
Edinburgh,
United Kingdom
|
+$115M |
| 2 |
WCM Investment Management
Laguna Beach,
California
|
+$65.5M |
| 3 |
DCM
Driehaus Capital Management
Chicago,
Illinois
|
+$43.3M |
| 4 |
PL
Perpetual Ltd
Sydney, New South Wales,
Australia
|
+$38.3M |
| 5 |
AI
Axiom Investors
Greenwich,
Connecticut
|
+$31.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CGI
Comgest Global Investors
Paris,
France
|
-$56.5M |
| 2 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$54.6M |
| 3 |
LPC
Long Pond Capital
New York
|
-$54.3M |
| 4 |
CM
Corvex Management
New York
|
-$52.2M |
| 5 |
SP
Sarasin & Partners
London,
United Kingdom
|
-$49.7M |
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.