Fomento Económico Mexicano
334 hedge funds and large institutions have $9.23B invested in Fomento Económico Mexicano in 2023 Q4 according to their latest regulatory filings, with 57 funds opening new positions, 97 increasing their positions, 131 reducing their positions, and 28 closing their positions.
2,770% more call options, than puts
Call options by funds: $260M | Put options by funds: $9.04M
104% more first-time investments, than exits
New positions opened: 57 | Existing positions closed: 28
21% more capital invested
Capital invested by funds: $7.63B → $9.23B (+$1.6B)
8% more funds holding
Funds holding: 308 → 334 (+26)
0.05% more ownership
Funds ownership: 3.24% → 3.28% (+0.05%)
5% less funds holding in top 10
Funds holding in top 10: 19 → 18 (-1)
26% less repeat investments, than reductions
Existing positions increased: 97 | Existing positions reduced: 131
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
+$211M |
| 2 |
Baillie Gifford & Co
Edinburgh,
United Kingdom
|
+$160M |
| 3 |
IUHSA
Itau Unibanco Holding S.A.
Sao Paulo,
Brazil
|
+$94.3M |
| 4 |
HRCM
Hawk Ridge Capital Management
Los Angeles,
California
|
+$72.9M |
| 5 |
SC
Samlyn Capital
New York
|
+$48.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
First Eagle Investment Management
New York
|
-$105M |
| 2 |
EC
Eminence Capital
New York
|
-$66.7M |
| 3 |
Allspring Global Investments
Charlotte,
North Carolina
|
-$62.8M |
| 4 |
Assenagon Asset Management
Senningerberg,
Luxembourg
|
-$62.6M |
| 5 |
Goldman Sachs
New York
|
-$58.5M |
FMX Hedge Fund Activity: Q4 2023 in Review
334 of the 6,869 institutional investors tracked by Wall St. Rank reported a position in Fomento Económico Mexicano (FMX) for Q4 2023, worth a combined $9.23B — up 21% from $7.63B a quarter earlier.
Buyers outnumbered sellers: 57 funds opened new FMX positions and 28 closed out — a net gain of 29 holders — while 97 added to existing stakes and 131 trimmed.
The largest buyer was JP Morgan Chase, adding an estimated $211M. The largest seller was First Eagle Investment Management, cutting an estimated $105M.
- 334 institutional investors held Fomento Económico Mexicano (FMX) as of Q4 2023, up from 308 in Q3 2023.
- Funds reported $9.23B of Fomento Económico Mexicano stock for Q4 2023, up 21% quarter-over-quarter.
- 57 funds opened new Fomento Económico Mexicano positions in Q4 2023 and 28 closed out, a net change of +29 holders.
- The largest Fomento Económico Mexicano buyer in Q4 2023 was JP Morgan Chase, an estimated $211M added.
- The largest Fomento Económico Mexicano seller in Q4 2023 was First Eagle Investment Management, an estimated $105M sold.
Based on aggregated 13F filings for Q4 2023.