We are live on ! Find out more
FMX icon

Fomento Económico Mexicano

329 hedge funds and large institutions have $8.71B invested in Fomento Económico Mexicano in 2024 Q1 according to their latest regulatory filings, with 34 funds opening new positions, 114 increasing their positions, 133 reducing their positions, and 36 closing their positions.

New
Increased
Maintained
Reduced
Closed

56% more call options, than puts

Call options by funds: $361M | Put options by funds: $231M

0.2% less ownership

Funds ownership: 3.32%3.12% (-0.2%)

6% less first-time investments, than exits

New positions opened: 34 | Existing positions closed: 36

1% less funds holding

Funds holding: 333329 (-4)

7% less capital invested

Capital invested by funds: $9.33B → $8.71B (-$620M)

11% less funds holding in top 10

Funds holding in top 10: 1816 (-2)

14% less repeat investments, than reductions

Existing positions increased: 114 | Existing positions reduced: 133

Holders
329
Holders Change
-4
Holders Change %
-1.2%
% of All Funds
4.74%
Holding in Top 10
16
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-11.11%
% of All Funds
0.23%
New
34
Increased
114
Reduced
133
Closed
36
Calls
$361M
Puts
$231M
Net Calls
+$130M
Net Calls Change
-$120M
Name Holding Trade Value Shares
Change
Change in
Stake
First Eagle Investment Management
1
First Eagle Investment Management
New York
$1.26B -$35.9M -274,663 -3%
HL
2
Harding Loevner
New Jersey
$676M -$302M -2,311,532 -31%
Royal Bank of Canada
3
Royal Bank of Canada
Ontario, Canada
$623M -$7.58M -58,044 -1%
Baillie Gifford & Co
4
Baillie Gifford & Co
United Kingdom
$545M +$45M +344,815 +9%
JP Morgan Chase
5
JP Morgan Chase
New York
$541M +$65.1M +498,409 +14%
Schroder Investment Management Group
6
Schroder Investment Management Group
United Kingdom
$398M +$62.1M +475,305 +18%
N
7
Nuveen
North Carolina
$303M -$38.5M -294,500 -11%
Aberdeen Group
8
Aberdeen Group
United Kingdom
$277M -$38.8M -296,853 -12%
Citigroup
9
Citigroup
New York
$243M +$210M +1,609,607 +638%
Allspring Global Investments
10
Allspring Global Investments
North Carolina
$240M -$35.6M -272,878 -13%
IUHSA
11
Itau Unibanco Holding S.A.
Brazil
$171M -$83.3M -637,845 -32%
Morgan Stanley
12
Morgan Stanley
New York
$148M -$62.9M -481,481 -30%
Fidelity Investments
13
Fidelity Investments
Massachusetts
$138M -$3.64M -27,856 -3%
TCIM
14
TOMS Capital Investment Management
New York
$128M -$82.3M -630,000 -39%
AP
15
Antipodes Partners
Australia
$123M +$20.1M +153,771 +19%
HRCM
16
Hawk Ridge Capital Management
California
$120M +$40.3M +308,450 +50%
SC
17
Samlyn Capital
New York
$113M +$21.5M +164,961 +23%
Robeco Institutional Asset Management
18
Robeco Institutional Asset Management
Netherlands
$109M -$6.23M -47,721 -5%
CGI
19
Comgest Global Investors
France
$109M -$29.1M -222,993 -21%
Macquarie Group
20
Macquarie Group
Australia
$106M -$1.2M -9,200 -1%
BCIM
21
Black Creek Investment Management
Ontario, Canada
$102M +$1.17M +8,997 +1%
AI
22
Axiom Investors
Connecticut
$91.4M +$1.54M +11,773 +2%
LFDLE
23
La Financiere de L'Echiquier
France
$82.8M +$3.41M +26,129 +4%
PL
24
Perpetual Ltd
Australia
$74.6M +$8.71M +66,717 +13%
AGA
25
Altrinsic Global Advisors
Connecticut
$72.4M -$4.33M -33,181 -6%

FMX Hedge Fund Activity: Q1 2024 in Review

329 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Fomento Económico Mexicano (FMX) for Q1 2024, worth a combined $8.71B — down 6.6% from $9.33B a quarter earlier.

Sellers outnumbered buyers: 36 funds closed out of FMX and 34 opened new positions — a net loss of 2 holders — while 133 trimmed existing stakes and 114 added.

The largest buyer was Citigroup, adding an estimated $210M. The largest seller was Harding Loevner, cutting an estimated $302M.

  • 329 institutional investors held Fomento Económico Mexicano (FMX) as of Q1 2024, down from 333 in Q4 2023.
  • Funds reported $8.71B of Fomento Económico Mexicano stock for Q1 2024, down 6.6% quarter-over-quarter.
  • 34 funds opened new Fomento Económico Mexicano positions in Q1 2024 and 36 closed out, a net change of -2 holders.
  • The largest Fomento Económico Mexicano buyer in Q1 2024 was Citigroup, an estimated $210M added.
  • The largest Fomento Económico Mexicano seller in Q1 2024 was Harding Loevner, an estimated $302M sold.

Based on aggregated 13F filings for Q1 2024.