Fomento Económico Mexicano
250 hedge funds and large institutions have $6.31B invested in Fomento Económico Mexicano in 2018 Q4 according to their latest regulatory filings, with 42 funds opening new positions, 82 increasing their positions, 84 reducing their positions, and 26 closing their positions.
596% more call options, than puts
Call options by funds: $4.79M | Put options by funds: $688K
62% more first-time investments, than exits
New positions opened: 42 | Existing positions closed: 26
11% more funds holding in top 10
Funds holding in top 10: 9 → 10 (+1)
5% more funds holding
Funds holding: 238 → 250 (+12)
0.09% more ownership
Funds ownership: 3.3% → 3.4% (+0.09%)
2% less repeat investments, than reductions
Existing positions increased: 82 | Existing positions reduced: 84
11% less capital invested
Capital invested by funds: $7.06B → $6.31B (-$750M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HL
Harding Loevner
Bridgewater,
New Jersey
|
+$288M |
| 2 |
GQG Partners
Ft. Lauderdale,
Florida
|
+$88M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$32.2M |
| 4 |
Janus Henderson Group
London,
|
+$27.7M |
| 5 |
Select Equity Group
New York
|
+$25.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
-$160M |
| 2 |
Aberdeen Group
Edinburgh,
United Kingdom
|
-$43.5M |
| 3 |
VAM
Vontobel Asset Management
New York
|
-$38.1M |
| 4 |
Morgan Stanley
New York
|
-$26.7M |
| 5 |
PPFA
Provida Pension Fund Administrator
Las Condes, Santiago,
Chile
|
-$25.1M |
FMX Hedge Fund Activity: Q4 2018 in Review
250 of the 4,505 institutional investors tracked by Wall St. Rank reported a position in Fomento Económico Mexicano (FMX) for Q4 2018, worth a combined $6.31B — down 11% from $7.06B a quarter earlier.
Buyers outnumbered sellers: 42 funds opened new FMX positions and 26 closed out — a net gain of 16 holders — while 82 added to existing stakes and 84 trimmed.
The largest buyer was Harding Loevner, adding an estimated $288M. The largest seller was Invesco, cutting an estimated $160M.
- 250 institutional investors held Fomento Económico Mexicano (FMX) as of Q4 2018, up from 238 in Q3 2018.
- Funds reported $6.31B of Fomento Económico Mexicano stock for Q4 2018, down 11% quarter-over-quarter.
- 42 funds opened new Fomento Económico Mexicano positions in Q4 2018 and 26 closed out, a net change of +16 holders.
- The largest Fomento Económico Mexicano buyer in Q4 2018 was Harding Loevner, an estimated $288M added.
- The largest Fomento Económico Mexicano seller in Q4 2018 was Invesco, an estimated $160M sold.
Based on aggregated 13F filings for Q4 2018.