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Fomento Económico Mexicano

293 hedge funds and large institutions have $7.95B invested in Fomento Económico Mexicano in 2023 Q2 according to their latest regulatory filings, with 52 funds opening new positions, 92 increasing their positions, 109 reducing their positions, and 22 closing their positions.

New
Increased
Maintained
Reduced
Closed

136% more first-time investments, than exits

New positions opened: 52 | Existing positions closed: 22

13% more capital invested

Capital invested by funds: $7.04B → $7.95B (+$916M)

13% more funds holding in top 10

Funds holding in top 10: 1618 (+2)

11% more funds holding

Funds holding: 263293 (+30)

0.11% less ownership

Funds ownership: 3.43%3.32% (-0.11%)

12% less call options, than puts

Call options by funds: $8.37M | Put options by funds: $9.5M

16% less repeat investments, than reductions

Existing positions increased: 92 | Existing positions reduced: 109

Holders
293
Holders Change
+30
Holders Change %
+11.41%
% of All Funds
4.6%
Holding in Top 10
18
Holding in Top 10 Change
+2
Holding in Top 10 Change %
+12.5%
% of All Funds
0.28%
New
52
Increased
92
Reduced
109
Closed
22
Calls
$8.37M
Puts
$9.5M
Net Calls
-$1.13M
Net Calls Change
-$6.38M
Name Holding Trade Value Shares
Change
Change in
Stake
First Eagle Investment Management
1
First Eagle Investment Management
New York
$1.22B -$2.53M -25,203 -0.2%
HL
2
Harding Loevner
New Jersey
$953M -$45.3M -450,686 -5%
Royal Bank of Canada
3
Royal Bank of Canada
Ontario, Canada
$542M -$11.6M -114,858 -2%
Schroder Investment Management Group
4
Schroder Investment Management Group
United Kingdom
$465M +$22.5M +223,708 +6%
Allspring Global Investments
5
Allspring Global Investments
North Carolina
$344M -$19.8M -196,870 -6%
Aberdeen Group
6
Aberdeen Group
United Kingdom
$334M -$44.6M -443,182 -13%
N
7
Nuveen
North Carolina
$310M -$5.99M -59,611 -2%
JP Morgan Chase
8
JP Morgan Chase
New York
$187M +$6.75M +67,086 +4%
IUHSA
9
Itau Unibanco Holding S.A.
Brazil
$166M +$8.84M +87,950 +6%
CGI
10
Comgest Global Investors
France
$147M -$56.5M -561,936 -30%
CM
11
Corvex Management
New York
$138M -$52.2M -518,980 -29%
TCIM
12
TOMS Capital Investment Management
New York
$136M -$9.53M -94,714 -7%
Baillie Gifford & Co
13
Baillie Gifford & Co
United Kingdom
$127M +$115M +1,144,552 New
AP
14
Antipodes Partners
Australia
$124M +$13.9M +138,579 +14%
AGA
15
Altrinsic Global Advisors
Connecticut
$121M -$1.18M -11,687 -1%
BlackRock
16
BlackRock
New York
$116M -$16.7M -165,783 -14%
Barrow, Hanley, Mewhinney & Strauss
17
Barrow, Hanley, Mewhinney & Strauss
Texas
$116M -$3.34M -33,236 -3%
Goldman Sachs
18
Goldman Sachs
New York
$104M -$5.3M -52,667 -5%
Macquarie Group
19
Macquarie Group
Australia
$90.5M +$1.13M +11,223 +1%
SHCM
20
Sachem Head Capital Management
New York
$89.1M -$40.4M -401,300 -33%
Morgan Stanley
21
Morgan Stanley
New York
$89M -$1.62M -16,079 -2%
EC
22
Eminence Capital
New York
$80.5M -$28.1M -279,843 -28%
BCIM
23
Black Creek Investment Management
Ontario, Canada
$78M -$16.2M -161,104 -19%
WCM Investment Management
24
WCM Investment Management
California
$72M +$65.5M +650,999 New
Fidelity Investments
25
Fidelity Investments
Massachusetts
$63.8M +$6.28M +62,398 +12%

FMX Hedge Fund Activity: Q2 2023 in Review

293 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in Fomento Económico Mexicano (FMX) for Q2 2023, worth a combined $7.95B — up 13% from $7.04B a quarter earlier.

Buyers outnumbered sellers: 52 funds opened new FMX positions and 22 closed out — a net gain of 30 holders — while 92 added to existing stakes and 109 trimmed.

The largest buyer was Baillie Gifford & Co, opening a new position worth an estimated $115M. The largest seller was Comgest Global Investors, cutting an estimated $56.5M.

  • 293 institutional investors held Fomento Económico Mexicano (FMX) as of Q2 2023, up from 263 in Q1 2023.
  • Funds reported $7.95B of Fomento Económico Mexicano stock for Q2 2023, up 13% quarter-over-quarter.
  • 52 funds opened new Fomento Económico Mexicano positions in Q2 2023 and 22 closed out, a net change of +30 holders.
  • The largest Fomento Económico Mexicano buyer in Q2 2023 was Baillie Gifford & Co, an estimated $115M added.
  • The largest Fomento Económico Mexicano seller in Q2 2023 was Comgest Global Investors, an estimated $56.5M sold.

Based on aggregated 13F filings for Q2 2023.