Mexico Equity and Income Fund
24 hedge funds and large institutions have $49.2M invested in Mexico Equity and Income Fund in 2014 Q2 according to their latest regulatory filings, with 4 funds opening new positions, 6 increasing their positions, 7 reducing their positions, and 3 closing their positions.
33% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 3
14% more capital invested
Capital invested by funds: $43.3M → $49.2M (+$5.98M)
4% more funds holding
Funds holding: 23 → 24 (+1)
1.32% more ownership
Funds ownership: 48.79% → 50.11% (+1.3%)
14% less repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
COLIM
City of London Investment Management
London,
United Kingdom
|
+$1.85M |
| 2 |
GFM
Gramercy Funds Management
Greenwich,
Connecticut
|
+$1.15M |
| 3 |
LK
Lumbard & Kellner
Hollis,
New Hampshire
|
+$327K |
| 4 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$123K |
| 5 |
Morgan Stanley
New York
|
+$86.6K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Lazard Asset Management
New York
|
-$1.1M |
| 2 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$627K |
| 3 |
BNP Paribas Financial Markets
Paris,
France
|
-$350K |
| 4 |
TC
TFS Capital
West Chester,
Pennsylvania
|
-$202K |
| 5 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
-$46K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
26
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| – | -$46K | -3,173 | Closed |
|
MXE Hedge Fund Activity: Q2 2014 in Review
24 of the 3,479 institutional investors tracked by Wall St. Rank reported a position in Mexico Equity and Income Fund (MXE) for Q2 2014, worth a combined $49.2M — up 14% from $43.3M a quarter earlier.
Buyers outnumbered sellers: 4 funds opened new MXE positions and 3 closed out — a net gain of 1 holder — while 6 added to existing stakes and 7 trimmed.
The largest buyer was City of London Investment Management, adding an estimated $1.85M. The largest seller was Lazard Asset Management, cutting an estimated $1.1M.
- 24 institutional investors held Mexico Equity and Income Fund (MXE) as of Q2 2014, up from 23 in Q1 2014.
- Funds reported $49.2M of Mexico Equity and Income Fund stock for Q2 2014, up 14% quarter-over-quarter.
- 4 funds opened new Mexico Equity and Income Fund positions in Q2 2014 and 3 closed out, a net change of +1 holder.
- The largest Mexico Equity and Income Fund buyer in Q2 2014 was City of London Investment Management, an estimated $1.85M added.
- The largest Mexico Equity and Income Fund seller in Q2 2014 was Lazard Asset Management, an estimated $1.1M sold.
Based on aggregated 13F filings for Q2 2014.