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Fomento Económico Mexicano

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.

New
Increased
Maintained
Reduced
Closed

54% more first-time investments, than exits

New positions opened: 40 | Existing positions closed: 26

4% more funds holding

Funds holding: 257267 (+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: 87 (-1)

25% less repeat investments, than reductions

Existing positions increased: 77 | Existing positions reduced: 102

Holders
267
Holders Change
+10
Holders Change %
+3.89%
% of All Funds
5.26%
Holding in Top 10
7
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-12.5%
% of All Funds
0.14%
New
40
Increased
77
Reduced
102
Closed
26
Calls
$765K
Puts
$737K
Net Calls
+$28K
Net Calls Change
+$412K
Name Holding Trade Value Shares
Change
Change in
Stake
Aberdeen Group
1
Aberdeen Group
United Kingdom
$617M -$81.2M -883,493 -12%
Invesco
2
Invesco
Georgia
$576M -$85M -924,608 -13%
HL
3
Harding Loevner
New Jersey
$536M -$2.61M -28,384 -0.5%
VAM
4
Vontobel Asset Management
New York
$511M -$1.5M -16,370 -0.3%
JP Morgan Chase
5
JP Morgan Chase
New York
$451M +$2.64M +28,707 +0.6%
Schroder Investment Management Group
6
Schroder Investment Management Group
United Kingdom
$390M +$288K +3,129 +0.1%
CGI
7
Comgest Global Investors
France
$346M -$1.27M -13,856 -0.4%
Royal Bank of Canada
8
Royal Bank of Canada
Ontario, Canada
$299M +$29.7M +323,420 +11%
Wells Fargo
9
Wells Fargo
California
$210M +$23.3M +252,970 +13%
Mitsubishi UFJ Trust & Banking
10
Mitsubishi UFJ Trust & Banking
Japan
$200M +$28.5M +309,787 +17%
OAG
11
Orbis Allan Gray
Bermuda
$184M +$174M +1,895,833 +3,507%
CFM
12
Coronation Fund Managers
South Africa
$163M +$59.2M +643,914 +59%
BlackRock
13
BlackRock
New York
$152M +$5.68M +61,808 +4%
BCIM
14
Black Creek Investment Management
Ontario, Canada
$91.3M +$15.9M +172,421 +22%
SCM
15
Somerset Capital Management
United Kingdom
$91M -$1.08M -11,700 -1%
LCM
16
Lomas Capital Management
New York
$79M +$21.3M +231,393 +38%
Bank of America
17
Bank of America
North Carolina
$70.1M +$25.7M +279,024 +60%
Dimensional Fund Advisors
18
Dimensional Fund Advisors
Texas
$68.8M -$13.8M -149,968 -17%
TIM
19
Thornburg Investment Management
New Mexico
$66.5M -$8.93M -97,175 -12%
BAMCO Inc
20
BAMCO Inc
New York
$59.5M -$458K -4,985 -0.8%
Janus Henderson Group
21
Janus Henderson Group
United Kingdom
$50.8M -$102M -1,106,630 -67%
Morgan Stanley
22
Morgan Stanley
New York
$46.1M -$91.7M -997,238 -67%
Northern Trust
23
Northern Trust
Illinois
$43.3M +$1.37M +14,879 +3%
IUHSA
24
Itau Unibanco Holding S.A.
Brazil
$42.6M -$18.4M -200,000 -31%
PPA
25
Parametric Portfolio Associates
Washington
$42.3M +$192K +2,089 +0.5%

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.