Mexico Equity and Income Fund
19 hedge funds and large institutions have $44M invested in Mexico Equity and Income Fund in 2017 Q4 according to their latest regulatory filings, with 1 funds opening new positions, 7 increasing their positions, 7 reducing their positions, and 2 closing their positions.
0.77% more ownership
Funds ownership: 57.32% → 58.1% (+0.77%)
0% more repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 7
5% less funds holding
Funds holding: 20 → 19 (-1)
10% less capital invested
Capital invested by funds: $49.1M → $44M (-$5.15M)
50% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 2
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TJHA
Thomas J. Herzfeld Advisors
Miami Beach,
Florida
|
+$795K |
| 2 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
+$163K |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$161K |
| 4 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
+$134K |
| 5 |
COLIM
City of London Investment Management
London,
United Kingdom
|
+$120K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Lazard Asset Management
New York
|
-$315K |
| 2 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$230K |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$201K |
| 4 |
Morgan Stanley
New York
|
-$154K |
| 5 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$147K |
MXE Hedge Fund Activity: Q4 2017 in Review
19 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in Mexico Equity and Income Fund (MXE) for Q4 2017, worth a combined $44M — down 10% from $49.1M a quarter earlier.
Sellers outnumbered buyers: 2 funds closed out of MXE and 1 opened new positions — a net loss of 1 holder — while 7 trimmed existing stakes and 7 added.
The largest buyer was Thomas J. Herzfeld Advisors, adding an estimated $795K. The largest seller was Lazard Asset Management, cutting an estimated $315K.
- 19 institutional investors held Mexico Equity and Income Fund (MXE) as of Q4 2017, down from 20 in Q3 2017.
- Funds reported $44M of Mexico Equity and Income Fund stock for Q4 2017, down 10% quarter-over-quarter.
- 1 fund opened new Mexico Equity and Income Fund positions in Q4 2017 and 2 closed out, a net change of -1 holder.
- The largest Mexico Equity and Income Fund buyer in Q4 2017 was Thomas J. Herzfeld Advisors, an estimated $795K added.
- The largest Mexico Equity and Income Fund seller in Q4 2017 was Lazard Asset Management, an estimated $315K sold.
Based on aggregated 13F filings for Q4 2017.