Fomento Económico Mexicano
212 hedge funds and large institutions have $7.7B invested in Fomento Económico Mexicano in 2017 Q2 according to their latest regulatory filings, with 22 funds opening new positions, 62 increasing their positions, 82 reducing their positions, and 35 closing their positions.
5% more capital invested
Capital invested by funds: $7.33B → $7.7B (+$367M)
0.2% less ownership
Funds ownership: 3.81% → 3.61% (-0.2%)
7% less funds holding
Funds holding: 227 → 212 (-15)
9% less funds holding in top 10
Funds holding in top 10: 11 → 10 (-1)
24% less repeat investments, than reductions
Existing positions increased: 62 | Existing positions reduced: 82
37% less first-time investments, than exits
New positions opened: 22 | Existing positions closed: 35
67% less call options, than puts
Call options by funds: $7.5M | Put options by funds: $22.7M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital World Investors
Los Angeles,
California
|
+$44.8M |
| 2 |
CBOA
Commonwealth Bank of Australia
Sydney, NSW,
Australia
|
+$39.1M |
| 3 |
William Blair Investment Management
Chicago,
Illinois
|
+$36M |
| 4 |
Wellington Management Group
Boston,
Massachusetts
|
+$28.3M |
| 5 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$27.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Credit Agricole
Montrouge Cedex,
France
|
-$325M |
| 2 |
AAM
Aberdeen Asset Management
Aberdeen,
United Kingdom
|
-$48.6M |
| 3 |
BlackRock
New York
|
-$33.6M |
| 4 |
VAM
Vontobel Asset Management
New York
|
-$32.8M |
| 5 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
-$32.6M |
FMX Hedge Fund Activity: Q2 2017 in Review
212 of the 4,022 institutional investors tracked by Wall St. Rank reported a position in Fomento Económico Mexicano (FMX) for Q2 2017, worth a combined $7.7B — up 5% from $7.33B a quarter earlier.
Sellers outnumbered buyers: 35 funds closed out of FMX and 22 opened new positions — a net loss of 13 holders — while 82 trimmed existing stakes and 62 added.
The largest buyer was Capital World Investors, opening a new position worth an estimated $44.8M. The largest seller was Credit Agricole, cutting an estimated $325M.
- 212 institutional investors held Fomento Económico Mexicano (FMX) as of Q2 2017, down from 227 in Q1 2017.
- Funds reported $7.7B of Fomento Económico Mexicano stock for Q2 2017, up 5% quarter-over-quarter.
- 22 funds opened new Fomento Económico Mexicano positions in Q2 2017 and 35 closed out, a net change of -13 holders.
- The largest Fomento Económico Mexicano buyer in Q2 2017 was Capital World Investors, an estimated $44.8M added.
- The largest Fomento Económico Mexicano seller in Q2 2017 was Credit Agricole, an estimated $325M sold.
Based on aggregated 13F filings for Q2 2017.