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Fomento Económico Mexicano

308 hedge funds and large institutions have $7.63B invested in Fomento Económico Mexicano in 2023 Q3 according to their latest regulatory filings, with 41 funds opening new positions, 109 increasing their positions, 107 reducing their positions, and 26 closing their positions.

New
Increased
Maintained
Reduced
Closed

385% more call options, than puts

Call options by funds: $77.9M | Put options by funds: $16.1M

58% more first-time investments, than exits

New positions opened: 41 | Existing positions closed: 26

6% more funds holding in top 10

Funds holding in top 10: 1819 (+1)

5% more funds holding

Funds holding: 293308 (+15)

2% more repeat investments, than reductions

Existing positions increased: 109 | Existing positions reduced: 107

0.09% less ownership

Funds ownership: 3.32%3.24% (-0.09%)

4% less capital invested

Capital invested by funds: $7.95B → $7.63B (-$323M)

Holders
308
Holders Change
+15
Holders Change %
+5.12%
% of All Funds
4.89%
Holding in Top 10
19
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+5.56%
% of All Funds
0.3%
New
41
Increased
109
Reduced
107
Closed
26
Calls
$77.9M
Puts
$16.1M
Net Calls
+$61.9M
Net Calls Change
+$63M
Name Holding Trade Value Shares
Change
Change in
Stake
First Eagle Investment Management
1
First Eagle Investment Management
New York
$1.18B -$12M -108,301 -1%
HL
2
Harding Loevner
New Jersey
$850M -$89.8M -808,859 -9%
Royal Bank of Canada
3
Royal Bank of Canada
Ontario, Canada
$524M -$10.7M -96,796 -2%
N
4
Nuveen
North Carolina
$316M +$11.4M +102,819 +4%
Aberdeen Group
5
Aberdeen Group
United Kingdom
$299M -$30M -270,596 -9%
Allspring Global Investments
6
Allspring Global Investments
North Carolina
$289M -$50.4M -454,455 -15%
Baillie Gifford & Co
7
Baillie Gifford & Co
United Kingdom
$272M +$150M +1,350,922 +118%
Schroder Investment Management Group
8
Schroder Investment Management Group
United Kingdom
$272M -$190M -1,709,966 -41%
JP Morgan Chase
9
JP Morgan Chase
New York
$205M +$21.5M +193,543 +11%
TCIM
10
TOMS Capital Investment Management
New York
$151M +$16.9M +152,200 +12%
IUHSA
11
Itau Unibanco Holding S.A.
Brazil
$132M -$37.9M -341,044 -22%
CGI
12
Comgest Global Investors
France
$127M -$18.3M -164,546 -12%
AP
13
Antipodes Partners
Australia
$120M +$16.1K +145 +0%
AGA
14
Altrinsic Global Advisors
Connecticut
$115M -$4M -36,071 -3%
Goldman Sachs
15
Goldman Sachs
New York
$113M +$10.8M +97,577 +10%
CM
16
Corvex Management
New York
$95.8M -$40.4M -364,069 -29%
Fidelity Investments
17
Fidelity Investments
Massachusetts
$94M +$31.8M +286,254 +50%
Acadian Asset Management
18
Acadian Asset Management
Massachusetts
$93.1M +$70.1M +631,270 +285%
Morgan Stanley
19
Morgan Stanley
New York
$92M +$4.46M +40,169 +5%
Macquarie Group
20
Macquarie Group
Australia
$90.5M +$1.45M +13,081 +2%
BCIM
21
Black Creek Investment Management
Ontario, Canada
$84.6M +$7.89M +71,093 +10%
SEI Investments
22
SEI Investments
Pennsylvania
$84.1M +$23.9M +215,241 +39%
WCM Investment Management
23
WCM Investment Management
California
$80.4M +$9.03M +81,313 +12%
Robeco Institutional Asset Management
24
Robeco Institutional Asset Management
Netherlands
$80.3M +$28.4M +256,300 +53%
AI
25
Axiom Investors
Connecticut
$73.4M +$40M +360,698 +116%

FMX Hedge Fund Activity: Q3 2023 in Review

308 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in Fomento Económico Mexicano (FMX) for Q3 2023, worth a combined $7.63B — down 4.1% from $7.95B a quarter earlier.

Buyers outnumbered sellers: 41 funds opened new FMX positions and 26 closed out — a net gain of 15 holders — while 109 added to existing stakes and 107 trimmed.

The largest buyer was Baillie Gifford & Co, adding an estimated $150M. The largest seller was Schroder Investment Management Group, cutting an estimated $190M.

  • 308 institutional investors held Fomento Económico Mexicano (FMX) as of Q3 2023, up from 293 in Q2 2023.
  • Funds reported $7.63B of Fomento Económico Mexicano stock for Q3 2023, down 4.1% quarter-over-quarter.
  • 41 funds opened new Fomento Económico Mexicano positions in Q3 2023 and 26 closed out, a net change of +15 holders.
  • The largest Fomento Económico Mexicano buyer in Q3 2023 was Baillie Gifford & Co, an estimated $150M added.
  • The largest Fomento Económico Mexicano seller in Q3 2023 was Schroder Investment Management Group, an estimated $190M sold.

Based on aggregated 13F filings for Q3 2023.