Fomento Económico Mexicano
232 hedge funds and large institutions have $5.5B invested in Fomento Económico Mexicano in 2021 Q1 according to their latest regulatory filings, with 40 funds opening new positions, 92 increasing their positions, 61 reducing their positions, and 28 closing their positions.
51% more repeat investments, than reductions
Existing positions increased: 92 | Existing positions reduced: 61
43% more first-time investments, than exits
New positions opened: 40 | Existing positions closed: 28
4% more funds holding
Funds holding: 223 → 232 (+9)
7% more call options, than puts
Call options by funds: $12.6M | Put options by funds: $11.7M
4% more capital invested
Capital invested by funds: $5.29B → $5.5B (+$215M)
0.15% more ownership
Funds ownership: 3.23% → 3.38% (+0.15%)
0% more funds holding in top 10
Funds holding in top 10: 8 → 8 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RRAM
River Road Asset Management
Louisville,
Kentucky
|
+$107M |
| 2 |
LPC
Long Pond Capital
New York
|
+$95.4M |
| 3 |
OAG
Orbis Allan Gray
Hamilton,
Bermuda
|
+$80.6M |
| 4 |
First Eagle Investment Management
New York
|
+$58.8M |
| 5 |
BlackRock
New York
|
+$42.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
-$73.5M |
| 2 |
CFM
Coronation Fund Managers
Cape Town,
South Africa
|
-$46.2M |
| 3 |
VAM
Vontobel Asset Management
New York
|
-$44.8M |
| 4 |
Aberdeen Group
Edinburgh,
United Kingdom
|
-$27.8M |
| 5 |
BAMCO Inc
New York
|
-$26.9M |
FMX Hedge Fund Activity: Q1 2021 in Review
232 of the 5,711 institutional investors tracked by Wall St. Rank reported a position in Fomento Económico Mexicano (FMX) for Q1 2021, worth a combined $5.5B — up 4.1% from $5.29B a quarter earlier.
Buyers outnumbered sellers: 40 funds opened new FMX positions and 28 closed out — a net gain of 12 holders — while 92 added to existing stakes and 61 trimmed.
The largest buyer was River Road Asset Management, adding an estimated $107M. The largest seller was Invesco, cutting an estimated $73.5M.
- 232 institutional investors held Fomento Económico Mexicano (FMX) as of Q1 2021, up from 223 in Q4 2020.
- Funds reported $5.5B of Fomento Económico Mexicano stock for Q1 2021, up 4.1% quarter-over-quarter.
- 40 funds opened new Fomento Económico Mexicano positions in Q1 2021 and 28 closed out, a net change of +12 holders.
- The largest Fomento Económico Mexicano buyer in Q1 2021 was River Road Asset Management, an estimated $107M added.
- The largest Fomento Económico Mexicano seller in Q1 2021 was Invesco, an estimated $73.5M sold.
Based on aggregated 13F filings for Q1 2021.