Fomento Económico Mexicano
257 hedge funds and large institutions have $6.52B invested in Fomento Económico Mexicano in 2019 Q3 according to their latest regulatory filings, with 25 funds opening new positions, 73 increasing their positions, 104 reducing their positions, and 39 closing their positions.
0.25% less ownership
Funds ownership: 3.56% → 3.3% (-0.25%)
6% less funds holding
Funds holding: 272 → 257 (-15)
12% less capital invested
Capital invested by funds: $7.41B → $6.52B (-$891M)
18% less call options, than puts
Call options by funds: $1.71M | Put options by funds: $2.1M
20% less funds holding in top 10
Funds holding in top 10: 10 → 8 (-2)
30% less repeat investments, than reductions
Existing positions increased: 73 | Existing positions reduced: 104
36% less first-time investments, than exits
New positions opened: 25 | Existing positions closed: 39
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Mitsubishi UFJ Trust & Banking
Tokyo,
Japan
|
+$166M |
| 2 |
BCIM
Black Creek Investment Management
Toronto,
Ontario, Canada
|
+$69.3M |
| 3 |
LCM
Lomas Capital Management
New York
|
+$55.8M |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$42.4M |
| 5 |
Wells Fargo
San Francisco,
California
|
+$19.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Schroder Investment Management Group
London,
United Kingdom
|
-$399M |
| 2 |
Capital World Investors
Los Angeles,
California
|
-$79.1M |
| 3 |
SGA
Sustainable Growth Advisers
Stamford,
Connecticut
|
-$58M |
| 4 |
Goldman Sachs
New York
|
-$48M |
| 5 |
Fidelity International
Hamilton,
Bermuda
|
-$38.5M |
FMX Hedge Fund Activity: Q3 2019 in Review
257 of the 4,574 institutional investors tracked by Wall St. Rank reported a position in Fomento Económico Mexicano (FMX) for Q3 2019, worth a combined $6.52B — down 12% from $7.41B a quarter earlier.
Sellers outnumbered buyers: 39 funds closed out of FMX and 25 opened new positions — a net loss of 14 holders — while 104 trimmed existing stakes and 73 added.
The largest buyer was Mitsubishi UFJ Trust & Banking, adding an estimated $166M. The largest seller was Schroder Investment Management Group, cutting an estimated $399M.
- 257 institutional investors held Fomento Económico Mexicano (FMX) as of Q3 2019, down from 272 in Q2 2019.
- Funds reported $6.52B of Fomento Económico Mexicano stock for Q3 2019, down 12% quarter-over-quarter.
- 25 funds opened new Fomento Económico Mexicano positions in Q3 2019 and 39 closed out, a net change of -14 holders.
- The largest Fomento Económico Mexicano buyer in Q3 2019 was Mitsubishi UFJ Trust & Banking, an estimated $166M added.
- The largest Fomento Económico Mexicano seller in Q3 2019 was Schroder Investment Management Group, an estimated $399M sold.
Based on aggregated 13F filings for Q3 2019.