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.
800% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 1
50% more funds holding
Funds holding: 16 → 24 (+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
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$734K |
| 2 |
COLIM
City of London Investment Management
London,
United Kingdom
|
+$545K |
| 3 |
TC
TFS Capital
West Chester,
Pennsylvania
|
+$544K |
| 4 |
Morgan Stanley
New York
|
+$268K |
| 5 |
WAM
Weiss Asset Management
Boston,
Massachusetts
|
+$183K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$624K |
| 2 |
AG
Ashmore Group
London,
United Kingdom
|
-$466K |
| 3 |
DT
Diversified Trust
Memphis,
Tennessee
|
-$205K |
| 4 |
Lazard Asset Management
New York
|
-$120K |
| 5 |
Wells Fargo
San Francisco,
California
|
-$83.1K |
MXE Hedge Fund Activity: Q4 2013 in Review
24 of the 3,459 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.