Mexico Equity and Income Fund
26 hedge funds and large institutions have $43.4M invested in Mexico Equity and Income Fund in 2018 Q4 according to their latest regulatory filings, with 4 funds opening new positions, 9 increasing their positions, 8 reducing their positions, and 3 closing their positions.
33% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 3
13% more repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 8
5.62% more ownership
Funds ownership: 56.81% → 62.43% (+5.6%)
4% more funds holding
Funds holding: 25 → 26 (+1)
15% less capital invested
Capital invested by funds: $51.3M → $43.4M (-$7.88M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$1.37M |
| 2 |
BI
Bulldog Investors
Saddle Brook,
New Jersey
|
+$1.2M |
| 3 |
WAM
Weiss Asset Management
Boston,
Massachusetts
|
+$409K |
| 4 |
CL
CSS LLC
Chicago,
Illinois
|
+$349K |
| 5 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$239K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
COLIM
City of London Investment Management
London,
United Kingdom
|
-$1.89M |
| 2 |
CCP
Clough Capital Partners
Boston,
Massachusetts
|
-$490K |
| 3 |
TJHA
Thomas J. Herzfeld Advisors
Miami Beach,
Florida
|
-$256K |
| 4 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
-$120K |
| 5 |
Morgan Stanley
New York
|
-$87.3K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
FIB
26
First Interstate Bank
Billings,
Montana
| – | -$27K | -2,200 | Closed |
|
|
S
27
SignatureFD
Atlanta,
Georgia
| – | -$2K | -135 | Closed |
|
28
Fidelity Investments
Boston,
Massachusetts
| – | +$11 | +1 | New |
|
MXE Hedge Fund Activity: Q4 2018 in Review
26 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in Mexico Equity and Income Fund (MXE) for Q4 2018, worth a combined $43.4M — down 15% from $51.3M a quarter earlier.
Buyers outnumbered sellers: 4 funds opened new MXE positions and 3 closed out — a net gain of 1 holder — while 9 added to existing stakes and 8 trimmed.
The largest buyer was Sit Investment Associates, adding an estimated $1.37M. The largest seller was City of London Investment Management, cutting an estimated $1.89M.
- 26 institutional investors held Mexico Equity and Income Fund (MXE) as of Q4 2018, up from 25 in Q3 2018.
- Funds reported $43.4M of Mexico Equity and Income Fund stock for Q4 2018, down 15% quarter-over-quarter.
- 4 funds opened new Mexico Equity and Income Fund positions in Q4 2018 and 3 closed out, a net change of +1 holder.
- The largest Mexico Equity and Income Fund buyer in Q4 2018 was Sit Investment Associates, an estimated $1.37M added.
- The largest Mexico Equity and Income Fund seller in Q4 2018 was City of London Investment Management, an estimated $1.89M sold.
Based on aggregated 13F filings for Q4 2018.