Mexico Equity and Income Fund
21 hedge funds and large institutions have $45M invested in Mexico Equity and Income Fund in 2018 Q1 according to their latest regulatory filings, with 3 funds opening new positions, 4 increasing their positions, 10 reducing their positions, and 1 closing their positions.
200% more first-time investments, than exits
New positions opened: 3 | Existing positions closed: 1
11% more funds holding
Funds holding: 19 → 21 (+2)
2% more capital invested
Capital invested by funds: $44M → $45M (+$1M)
2.2% less ownership
Funds ownership: 58.1% → 55.89% (-2.2%)
60% less repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 10
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$714K |
| 2 |
COLIM
City of London Investment Management
London,
United Kingdom
|
+$286K |
| 3 |
MML Investors Services
Springfield,
Massachusetts
|
+$135K |
| 4 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
+$86.4K |
| 5 |
CL
CSS LLC
Chicago,
Illinois
|
+$44.2K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Lazard Asset Management
New York
|
-$1.24M |
| 2 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
-$653K |
| 3 |
TJHA
Thomas J. Herzfeld Advisors
Miami Beach,
Florida
|
-$291K |
| 4 |
GFM
Gramercy Funds Management
Greenwich,
Connecticut
|
-$278K |
| 5 |
MC
Matisse Capital
Portland,
Oregon
|
-$262K |
MXE Hedge Fund Activity: Q1 2018 in Review
21 of the 4,373 institutional investors tracked by Wall St. Rank reported a position in Mexico Equity and Income Fund (MXE) for Q1 2018, worth a combined $45M — up 2.3% from $44M a quarter earlier.
Buyers outnumbered sellers: 3 funds opened new MXE positions and 1 closed out — a net gain of 2 holders — while 4 added to existing stakes and 10 trimmed.
The largest buyer was Rivernorth Capital Management, opening a new position worth an estimated $714K. The largest seller was Lazard Asset Management, cutting an estimated $1.24M.
- 21 institutional investors held Mexico Equity and Income Fund (MXE) as of Q1 2018, up from 19 in Q4 2017.
- Funds reported $45M of Mexico Equity and Income Fund stock for Q1 2018, up 2.3% quarter-over-quarter.
- 3 funds opened new Mexico Equity and Income Fund positions in Q1 2018 and 1 closed out, a net change of +2 holders.
- The largest Mexico Equity and Income Fund buyer in Q1 2018 was Rivernorth Capital Management, an estimated $714K added.
- The largest Mexico Equity and Income Fund seller in Q1 2018 was Lazard Asset Management, an estimated $1.24M sold.
Based on aggregated 13F filings for Q1 2018.