Fomento Económico Mexicano
FMX
313 hedge funds and large institutions have $6.4B invested in Fomento Económico Mexicano in 2024 Q3 according to their latest regulatory filings, with 39 funds opening new positions, 94 increasing their positions, 117 reducing their positions, and 32 closing their positions.
22% more first-time investments, than exits
New positions opened: 39 | Existing positions closed: 32
1% more funds holding
Funds holding: 309 → 313 (+4)
0.03% more ownership
Funds ownership: 3.01% → 3.04% (+0.03%)
5% less call options, than puts
Call options by funds: $10.1M | Put options by funds: $10.6M
8% less capital invested
Capital invested by funds: $6.96B → $6.4B (-$556M)
20% less repeat investments, than reductions
Existing positions increased: 94 | Existing positions reduced: 117
20% less funds holding in top 10
Funds holding in top 10: 10 → 8 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
First Eagle Investment Management
New York
|
+$99.5M |
| 2 |
LA
LBP AM
Paris,
France
|
+$91.1M |
| 3 |
Ninety One (UK)
London,
United Kingdom
|
+$66.8M |
| 4 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$51.3M |
| 5 |
Baillie Gifford & Co
Edinburgh,
United Kingdom
|
+$45.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Allspring Global Investments
Charlotte,
North Carolina
|
-$63.8M |
| 2 |
HL
Harding Loevner
Bridgewater,
New Jersey
|
-$54.3M |
| 3 |
IUHSA
Itau Unibanco Holding S.A.
Sao Paulo,
Brazil
|
-$52.5M |
| 4 |
AI
Axiom Investors
Greenwich,
Connecticut
|
-$38.8M |
| 5 |
Healthcare of Ontario Pension Plan (HOOPP) Trust Fund
Toronto,
Ontario, Canada
|
-$34.4M |
FMX Hedge Fund Activity: Q3 2024 in Review
313 of the 6,978 institutional investors tracked by Wall St. Rank reported a position in Fomento Económico Mexicano (FMX) for Q3 2024, worth a combined $6.4B — down 8% from $6.96B a quarter earlier.
Buyers outnumbered sellers: 39 funds opened new FMX positions and 32 closed out — a net gain of 7 holders — while 94 added to existing stakes and 117 trimmed.
The largest buyer was First Eagle Investment Management, adding an estimated $99.5M. The largest seller was Allspring Global Investments, cutting an estimated $63.8M.
- 313 institutional investors held Fomento Económico Mexicano (FMX) as of Q3 2024, up from 309 in Q2 2024.
- Funds reported $6.4B of Fomento Económico Mexicano stock for Q3 2024, down 8% quarter-over-quarter.
- 39 funds opened new Fomento Económico Mexicano positions in Q3 2024 and 32 closed out, a net change of +7 holders.
- The largest Fomento Económico Mexicano buyer in Q3 2024 was First Eagle Investment Management, an estimated $99.5M added.
- The largest Fomento Económico Mexicano seller in Q3 2024 was Allspring Global Investments, an estimated $63.8M sold.
Based on aggregated 13F filings for Q3 2024.