Mexico Equity and Income Fund
16 hedge funds and large institutions have $46.3M invested in Mexico Equity and Income Fund in 2013 Q3 according to their latest regulatory filings, with 1 funds opening new positions, 8 increasing their positions, 3 reducing their positions, and 2 closing their positions.
167% more repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 3
1.93% more ownership
Funds ownership: 46.32% → 48.25% (+1.9%)
4% more capital invested
Capital invested by funds: $44.4M → $46.3M (+$1.91M)
6% less funds holding
Funds holding: 17 → 16 (-1)
50% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 2
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
COLIM
City of London Investment Management
London,
United Kingdom
|
+$1.91M |
| 2 |
DT
Diversified Trust
Memphis,
Tennessee
|
+$461K |
| 3 |
Lazard Asset Management
New York
|
+$300K |
| 4 |
BNP Paribas Financial Markets
Paris,
France
|
+$160K |
| 5 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$87.9K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$884K |
| 2 |
TC
TFS Capital
West Chester,
Pennsylvania
|
-$209K |
| 3 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$6.42K |
| 4 |
TJHA
Thomas J. Herzfeld Advisors
Miami Beach,
Florida
|
-$6.25K |
| 5 |
Wells Fargo
San Francisco,
California
|
-$2.58K |
MXE Hedge Fund Activity: Q3 2013 in Review
16 of the 3,084 institutional investors tracked by Wall St. Rank reported a position in Mexico Equity and Income Fund (MXE) for Q3 2013, worth a combined $46.3M — up 4.3% from $44.4M a quarter earlier.
Sellers outnumbered buyers: 2 funds closed out of MXE and 1 opened new positions — a net loss of 1 holder — while 3 trimmed existing stakes and 8 added.
The largest buyer was City of London Investment Management, adding an estimated $1.91M. The largest seller was Morgan Stanley, exiting entirely with an estimated $884K sold.
- 16 institutional investors held Mexico Equity and Income Fund (MXE) as of Q3 2013, down from 17 in Q2 2013.
- Funds reported $46.3M of Mexico Equity and Income Fund stock for Q3 2013, up 4.3% quarter-over-quarter.
- 1 fund opened new Mexico Equity and Income Fund positions in Q3 2013 and 2 closed out, a net change of -1 holder.
- The largest Mexico Equity and Income Fund buyer in Q3 2013 was City of London Investment Management, an estimated $1.91M added.
- The largest Mexico Equity and Income Fund seller in Q3 2013 was Morgan Stanley, an estimated $884K sold.
Based on aggregated 13F filings for Q3 2013.