Mexico Equity and Income Fund
23 hedge funds and large institutions have $43.3M invested in Mexico Equity and Income Fund in 2014 Q1 according to their latest regulatory filings, with 2 funds opening new positions, 12 increasing their positions, 9 reducing their positions, and 2 closing their positions.
33% more repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 9
0% more first-time investments, than exits
New positions opened: 2 | Existing positions closed: 2
1.84% less ownership
Funds ownership: 50.63% → 48.79% (-1.8%)
4% less funds holding
Funds holding: 24 → 23 (-1)
6% less capital invested
Capital invested by funds: $46M → $43.3M (-$2.71M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
COLIM
City of London Investment Management
London,
United Kingdom
|
+$956K |
| 2 |
Lazard Asset Management
New York
|
+$734K |
| 3 |
GFM
Gramercy Funds Management
Greenwich,
Connecticut
|
+$616K |
| 4 |
Morgan Stanley
New York
|
+$135K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$100K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AG
Ashmore Group
London,
United Kingdom
|
-$834K |
| 2 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$453K |
| 3 |
TC
TFS Capital
West Chester,
Pennsylvania
|
-$290K |
| 4 |
WAM
Weiss Asset Management
Boston,
Massachusetts
|
-$172K |
| 5 |
BNP Paribas Financial Markets
Paris,
France
|
-$164K |
MXE Hedge Fund Activity: Q1 2014 in Review
23 of the 3,475 institutional investors tracked by Wall St. Rank reported a position in Mexico Equity and Income Fund (MXE) for Q1 2014, worth a combined $43.3M — down 5.9% from $46M a quarter earlier.
Fund positioning in MXE was balanced in Q1 2014: 2 funds opened new positions, 2 closed out, 12 added to existing stakes and 9 trimmed.
The largest buyer was City of London Investment Management, adding an estimated $956K. The largest seller was Ashmore Group, exiting entirely with an estimated $834K sold.
- 23 institutional investors held Mexico Equity and Income Fund (MXE) as of Q1 2014, down from 24 in Q4 2013.
- Funds reported $43.3M of Mexico Equity and Income Fund stock for Q1 2014, down 5.9% quarter-over-quarter.
- 2 funds opened new Mexico Equity and Income Fund positions in Q1 2014 and 2 closed out, a net change of 0 holders.
- The largest Mexico Equity and Income Fund buyer in Q1 2014 was City of London Investment Management, an estimated $956K added.
- The largest Mexico Equity and Income Fund seller in Q1 2014 was Ashmore Group, an estimated $834K sold.
Based on aggregated 13F filings for Q1 2014.