Fomento Económico Mexicano
264 hedge funds and large institutions have $7B invested in Fomento Económico Mexicano in 2023 Q1 according to their latest regulatory filings, with 37 funds opening new positions, 82 increasing their positions, 108 reducing their positions, and 30 closing their positions.
37% more call options, than puts
Call options by funds: $19.5M | Put options by funds: $14.3M
23% more first-time investments, than exits
New positions opened: 37 | Existing positions closed: 30
15% more capital invested
Capital invested by funds: $6.08B → $7B (+$919M)
14% more funds holding in top 10
Funds holding in top 10: 14 → 16 (+2)
2% more funds holding
Funds holding: 260 → 264 (+4)
0.2% less ownership
Funds ownership: 3.6% → 3.41% (-0.2%)
24% less repeat investments, than reductions
Existing positions increased: 82 | Existing positions reduced: 108
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Nuveen
Charlotte,
North Carolina
|
+$93.8M |
| 2 |
EC
Eminence Capital
New York
|
+$88M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$27.3M |
| 4 |
SEI Investments
Oaks,
Pennsylvania
|
+$22.5M |
| 5 |
Assenagon Asset Management
Senningerberg,
Luxembourg
|
+$16.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
-$89M |
| 2 |
CM
Corvex Management
New York
|
-$66.4M |
| 3 |
DCM
Discovery Capital Management
South Norwalk,
Connecticut
|
-$58.9M |
| 4 |
Wolverine Trading
Chicago,
Illinois
|
-$44.5M |
| 5 |
SHCM
Sachem Head Capital Management
New York
|
-$40.2M |
FMX Hedge Fund Activity: Q1 2023 in Review
264 of the 6,283 institutional investors tracked by Wall St. Rank reported a position in Fomento Económico Mexicano (FMX) for Q1 2023, worth a combined $7B — up 15% from $6.08B a quarter earlier.
Buyers outnumbered sellers: 37 funds opened new FMX positions and 30 closed out — a net gain of 7 holders — while 82 added to existing stakes and 108 trimmed.
The largest buyer was Nuveen, adding an estimated $93.8M. The largest seller was BlackRock, cutting an estimated $89M.
- 264 institutional investors held Fomento Económico Mexicano (FMX) as of Q1 2023, up from 260 in Q4 2022.
- Funds reported $7B of Fomento Económico Mexicano stock for Q1 2023, up 15% quarter-over-quarter.
- 37 funds opened new Fomento Económico Mexicano positions in Q1 2023 and 30 closed out, a net change of +7 holders.
- The largest Fomento Económico Mexicano buyer in Q1 2023 was Nuveen, an estimated $93.8M added.
- The largest Fomento Económico Mexicano seller in Q1 2023 was BlackRock, an estimated $89M sold.
Based on aggregated 13F filings for Q1 2023.