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MXE

Mexico Equity and Income Fund

24 hedge funds and large institutions have $46M invested in Mexico Equity and Income Fund in 2013 Q4 according to their latest regulatory filings, with 9 funds opening new positions, 5 increasing their positions, 7 reducing their positions, and 1 closing their positions.

New
Increased
Maintained
Reduced
Closed

800% more first-time investments, than exits

New positions opened: 9 | Existing positions closed: 1

50% more funds holding

Funds holding: 1624 (+8)

2.38% more ownership

Funds ownership: 48.25%50.63% (+2.4%)

1% less capital invested

Capital invested by funds: $46.3M → $46M (-$367K)

29% less repeat investments, than reductions

Existing positions increased: 5 | Existing positions reduced: 7

Holders
24
Holders Change
+8
Holders Change %
+50%
% of All Funds
0.7%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
9
Increased
5
Reduced
7
Closed
1
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
COLIM
1
City of London Investment Management
United Kingdom
$17.7M +$545K +34,288 +3%
Lazard Asset Management
2
Lazard Asset Management
New York
$13.6M -$120K -7,564 -0.8%
1CP
3
1607 Capital Partners
Virginia
$4.48M -$30K -1,889 -0.6%
GFM
4
Gramercy Funds Management
Connecticut
$2.2M +$80.8K +5,081 +4%
DT
5
Diversified Trust
Tennessee
$2.11M -$205K -12,900 -8%
KIM
6
Karpus Investment Management
New York
$1.49M +$734K +46,178 +86%
AG
7
Ashmore Group
United Kingdom
$834K -$466K -29,300 -34%
SFS
8
Shaker Financial Services
Virginia
$791K -$55.7K -3,505 -6%
BNP Paribas Financial Markets
9
BNP Paribas Financial Markets
France
$647K +$16.1K +1,013 +2%
TC
10
TFS Capital
Pennsylvania
$509K +$544K +34,201 New
CL
11
CSS LLC
Illinois
$377K +$402K +25,311 New
TJHA
12
Thomas J. Herzfeld Advisors
Florida
$363K
Morgan Stanley
13
Morgan Stanley
New York
$251K +$268K +16,848 New
WAM
14
Weiss Asset Management
Massachusetts
$172K +$183K +11,531 New
Royal Bank of Canada
15
Royal Bank of Canada
Ontario, Canada
$148K -$6.5K -409 -4%
BCM
16
Blume Capital Management
California
$74K +$79.5K +5,000 New
U
17
UBS
Switzerland
$60K
PNC Financial Services Group
18
PNC Financial Services Group
Pennsylvania
$50K +$53.2K +3,344 New
WEC
19
Winslow Evans & Crocker
Massachusetts
$14K +$15K +944 New
TF
20
Tompkins Financial
New York
$13K
Wells Fargo
21
Wells Fargo
California
$9K -$83.1K -5,229 -90%
Citigroup
22
Citigroup
New York
$7K +$5.56K +350 +350%
TDC
23
Thompson Davis & Co
Virginia
$7K +$7.95K +500 New
TRCT
24
Tower Research Capital (TRC)
New York
$3K +$2.86K +180 New
WAM
25
Wolverine Asset Management
Illinois
-$624K -40,758 Closed

MXE Hedge Fund Activity: Q4 2013 in Review

24 of the 3,446 institutional investors tracked by Wall St. Rank reported a position in Mexico Equity and Income Fund (MXE) for Q4 2013, worth a combined $46M — down 0.79% from $46.3M a quarter earlier.

Buyers outnumbered sellers: 9 funds opened new MXE positions and 1 closed out — a net gain of 8 holders — while 5 added to existing stakes and 7 trimmed.

The largest buyer was Karpus Investment Management, adding an estimated $734K. The largest seller was Wolverine Asset Management, exiting entirely with an estimated $624K sold.

  • 24 institutional investors held Mexico Equity and Income Fund (MXE) as of Q4 2013, up from 16 in Q3 2013.
  • Funds reported $46M of Mexico Equity and Income Fund stock for Q4 2013, down 0.79% quarter-over-quarter.
  • 9 funds opened new Mexico Equity and Income Fund positions in Q4 2013 and 1 closed out, a net change of +8 holders.
  • The largest Mexico Equity and Income Fund buyer in Q4 2013 was Karpus Investment Management, an estimated $734K added.
  • The largest Mexico Equity and Income Fund seller in Q4 2013 was Wolverine Asset Management, an estimated $624K sold.

Based on aggregated 13F filings for Q4 2013.