FOMENTO ECONOMICO MEXICANO S FMX
SPON ADR UNITS · ADR · CUSIP 344419106 · ISIN US3444191064
- SectorConsumer staples
- IndustryBottled & Canned Soft Drinks & Carbonated Waters
- FilingsSEC EDGAR
* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once ($5.0m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $107.60. Options: 8 managers hold calls ($38.1m notional), 10 hold puts ($64.9m).
Trends to Q2 2024
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 239 |
| Q4 2022 | 260 |
| Q1 2023 | 264 |
| Q2 2023 | 295 |
| Q3 2023 | 310 |
| Q4 2023 | 335 |
| Q1 2024 | 330 |
| Q2 2024 | 310 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q4 2022 | 129 | 106 |
| Q1 2023 | 117 | 136 |
| Q2 2023 | 141 | 132 |
| Q3 2023 | 147 | 132 |
| Q4 2023 | 147 | 159 |
| Q1 2024 | 145 | 168 |
| Q2 2024 | 117 | 195 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2023 | $77.9m | $16.1m | 0.21 |
| Q4 2023 | $259.6m | $9.0m | 0.03 |
| Q1 2024 | $361.4m | $231.0m | 0.64 |
| Q2 2024 | $38.1m | $64.9m | 1.70 |
Biggest buyers
| Harding Loevner LP | Added | +1.7m |
| SCHRODER INVESTMENT MANAGEMENT GROUP | Added | +432.2k |
| HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND | Added | +416.0k |
| BANK OF AMERICA CORP /DE/ | Added | +366.4k |
| PRICE T ROWE ASSOCIATES INC /MD/ | Added | +329.0k |
| MILLENNIUM MANAGEMENT LLC | Added | +189.6k |
| Employees Retirement System of Texas | Added | +184.0k |
| LA FINANCIERE DE L'ECHIQUIER | Added | +140.3k |
| BNP PARIBAS FINANCIAL MARKETS | Added | +127.4k |
| Black Creek Investment Management Inc. | Added | +121.8k |
Biggest sellers
| JPMORGAN CHASE & CO | Reduced | -1.6m |
| CITIGROUP INC | Reduced | -1.1m |
| TOMS Capital Investment Management LP | Sold out | -980.0k |
| Nuveen Asset Management, LLC | Reduced | -608.1k |
| FMR LLC | Reduced | -589.6k |
| Aberdeen Group plc | Reduced | -479.3k |
| MORGAN STANLEY | Reduced | -386.0k |
| BAILLIE GIFFORD & CO | Reduced | -297.8k |
| COMGEST GLOBAL INVESTORS S.A.S. | Reduced | -268.2k |
| Driehaus Capital Management LLC | Sold out | -243.3k |
Biggest calls
| JANE STREET GROUP, LLC | Reduced | $22.6m210.1k shares |
| UBS Group AG | Reduced | $5.9m54.7k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $4.6m42.8k shares |
| CITADEL ADVISORS LLC | Reduced | $3.5m32.9k shares |
| GOLDMAN SACHS GROUP INC | New | $1.3m12.0k shares |
| SIMPLEX TRADING, LLC | Reduced | $96.0k900 shares |
| GROUP ONE TRADING LLC | Reduced | $64.6k600 shares |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | Unchanged | $00 shares |
Biggest puts
| JANE STREET GROUP, LLC | Added | $49.2m457.0k shares |
| Walleye Trading LLC | Reduced | $9.3m86.1k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $1.8m16.3k shares |
| CITADEL ADVISORS LLC | Reduced | $1.3m12.3k shares |
| GTS SECURITIES LLC | Added | $1.2m10.9k shares |
| UBS Group AG | Reduced | $915.0k8.5k shares |
| Squarepoint Ops LLC | Reduced | $667.4k6.2k shares |
| Genus Capital Management Inc. | New | $530.3k4.9k shares |
| SIMPLEX TRADING, LLC | Reduced | $32.0k300 shares |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | Unchanged | $00 shares |
Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.
Major shareholders (over 5%)
Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.
| Holder | Stake |
|---|---|
| CASCADE INVESTMENT, L.L.C. 13D · may seek influence filed 2026-04-02 | 14.0% |
| BlackRock, Inc. 13G · institution new · filed 2026-07-30 | 7.0% |
| First Eagle Investment Management, LLC 13G · institution filed 2025-02-12 | 6.0% |
| FMR LLC 13G · institution new · filed 2025-05-07 | 5.9% |
Insider purchases and sales in Q2 2024
Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.
None reported in Q2 2024.
Holders, Q2 2024
| Manager | Shares | Change |
|---|---|---|
| First Eagle Investment Management, LLC 2.33% of their portfolio | 9.6m $1.0bn | Reduced -115.6k |
| Harding Loevner LP 4.06% of their portfolio | 6.8m $736.5m | Added +1.7m |
| JPMORGAN CHASE & CO 0.03% of their portfolio | 6.7m $720.3m | Reduced -1.6m |
| ROYAL BANK OF CANADA 0.13% of their portfolio | 4.8m $519.6m | Added +43.0k |
| BAILLIE GIFFORD & CO 0.33% of their portfolio | 3.9m $418.3m | Reduced -297.8k |
| SCHRODER INVESTMENT MANAGEMENT GROUP 0.41% of their portfolio | 3.5m $375.8m | Added +432.2k |
| MORGAN STANLEY 0.03% of their portfolio | 3.0m $326.5m | Reduced -386.0k |
| Nuveen Asset Management, LLC 0.05% of their portfolio | 1.7m $184.7m | Reduced -608.1k |
| Allspring Global Investments Holdings, LLC 0.30% of their portfolio | 1.7m $182.8m | Reduced -147.7k |
| Aberdeen Group plc 0.34% of their portfolio | 1.6m $177.1m | Reduced -479.3k |
| Itau Unibanco Holding S.A. 5.48% of their portfolio | 1.3m $134.0m | Reduced -75.9k |
| HAWK RIDGE CAPITAL MANAGEMENT LP 4.39% of their portfolio | 947.4k $102.0m | Added +26.3k |
| ANTIPODES PARTNERS Ltd 3.57% of their portfolio | 913.8k $98.4m | Reduced -31.7k |
| Black Creek Investment Management Inc. 3.63% of their portfolio | 906.8k $97.6m | Added +121.8k |
| BANK OF AMERICA CORP /DE/ 0.01% of their portfolio | 877.0k $94.4m | Added +366.4k |
| MACQUARIE GROUP LTD 0.11% of their portfolio | 853.2k $91.8m | Added +36.2k |
| SAMLYN CAPITAL, LLC 1.44% of their portfolio | 777.2k $83.7m | Reduced -91.1k |
| LA FINANCIERE DE L'ECHIQUIER 3.64% of their portfolio | 776.2k $83.6m | Added +140.3k |
| CITIGROUP INC 0.08% of their portfolio | 737.9k $79.4m | Reduced -1.1m |
| Perpetual Ltd 0.80% of their portfolio | 682.5k $73.5m | Added +109.8k |
| AXIOM INVESTORS LLC /DE 0.63% of their portfolio | 671.5k $72.3m | Reduced -30.2k |
| Robeco Institutional Asset Management B.V. 0.15% of their portfolio | 667.3k $71.8m | Reduced -170.8k |
| Amundi 0.02% of their portfolio | 584.3k $61.6m | Added +2.1k |
| COMGEST GLOBAL INVESTORS S.A.S. 0.84% of their portfolio | 567.5k $61.1m | Reduced -268.2k |
| SEI INVESTMENTS CO 0.08% of their portfolio | 494.9k $53.3m | Reduced -39.7k |
| HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND 0.15% of their portfolio | 472.2k $50.8m | Added +416.0k |
| Employees Retirement System of Texas 0.48% of their portfolio | 471.1k $50.7m | Added +184.0k |
| FMR LLC 0.00% of their portfolio | 467.0k $50.3m | Reduced -589.6k |
| ALTRINSIC GLOBAL ADVISORS LLC 2.21% of their portfolio | 460.6k $49.6m | Reduced -95.2k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.01% of their portfolio | 416.8k $44.9m | Added +329.0k |
| GOLDMAN SACHS GROUP INC 0.01% of their portfolio | 405.6k $43.7m | Added +12.0k |
| Corvex Management LP 2.06% of their portfolio | 405.1k $43.6m | Added +86.0k |
| USS Investment Management Ltd 0.34% of their portfolio | 393.3k $42.3m | Unchanged |
| LAZARD ASSET MANAGEMENT LLC 0.05% of their portfolio | 349.6k $37.6m | Reduced -38.8k |
| Northcape Capital Pty Ltd 5.49% of their portfolio | 343.0k $36.9m | Added +7.6k |
| Sustainable Growth Advisers, LP 0.16% of their portfolio | 328.5k $35.4m | Reduced -107.4k |
| BlackRock Inc. 0.00% of their portfolio | 314.6k $33.9m | Reduced -126.3k |
| Saraza Management, LP 10.82% of their portfolio | 302.0k $32.5m | Reduced -43.0k |
| Carrhae Capital LLP 5.31% of their portfolio | 301.5k $32.5m | Added +95.1k |
| ENVESTNET ASSET MANAGEMENT INC 0.01% of their portfolio | 286.3k $30.8m | Reduced -27.9k |
| NORTHERN TRUST CORP 0.01% of their portfolio | 285.2k $30.7m | Reduced -2.2k |
| AMERICAN CENTURY COMPANIES INC 0.02% of their portfolio | 284.2k $30.6m | Reduced -5.9k |
| DIMENSIONAL FUND ADVISORS LP 0.01% of their portfolio | 260.5k $28.0m | Added +1.8k |
| CIBC Private Wealth Group LLC 0.05% of their portfolio | 259.5k $28.5m | Added +5.0k |
| Coronation Fund Managers Ltd. 1.54% of their portfolio | 248.6k $26.8m | Added +69.6k |
| Cook & Bynum Capital Management, LLC 20.32% of their portfolio | 248.0k $26.7m | Unchanged |
| GABELLI FUNDS LLC 0.18% of their portfolio | 226.2k $24.4m | Reduced -1.5k |
| MILLENNIUM MANAGEMENT LLC 0.02% of their portfolio | 222.5k $23.9m | Added +189.6k |
| UBS Group AG 0.01% of their portfolio | 217.3k $23.4m | Added +23.1k |
| NATIONAL BANK OF CANADA /FI/ 0.04% of their portfolio | 216.8k $23.5m | Added +101.5k |
| INCA Investments LLC 9.57% of their portfolio | 210.2k $22.6m | Reduced -25.4k |
| Invesco Ltd. 0.00% of their portfolio | 190.1k $20.5m | Added +36.4k |
| State of New Jersey Common Pension Fund D 0.09% of their portfolio | 183.8k $19.8m | Reduced -61.7k |
| CIDEL ASSET MANAGEMENT INC 1.39% of their portfolio | 167.4k $18.0m | Reduced -893 |
| BNP PARIBAS FINANCIAL MARKETS 0.02% of their portfolio | 157.1k $16.9m | Added +127.4k |
| CANADA PENSION PLAN INVESTMENT BOARD 0.02% of their portfolio | 146.6k $15.8m | Added +108.0k |
| STRS OHIO 0.06% of their portfolio | 140.0k $15.1m | Unchanged |
| Russell Investments Group, Ltd. 0.02% of their portfolio | 130.1k $13.9m | Added +11.6k |
| Qube Research & Technologies Ltd 0.02% of their portfolio | 105.1k $11.3m | Added +48.8k |
| GAMCO INVESTORS, INC. ET AL 0.12% of their portfolio | 104.7k $11.3m | Added +13 |
| AMERIPRISE FINANCIAL INC 0.00% of their portfolio | 102.5k $11.0m | Reduced -389 |
| LEVIN CAPITAL STRATEGIES, L.P. 1.09% of their portfolio | 95.6k $10.3m | Reduced -4.4k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.01% of their portfolio | 92.0k $9.9m | Reduced -75.1k |
| BARINGS LLC 0.23% of their portfolio | 86.9k $9.4m | Added +4.6k |
| Janney Capital Management LLC 0.66% of their portfolio | 86.6k $9.3m | Reduced -283 |
| Connor, Clark & Lunn Investment Management Ltd. 0.04% of their portfolio | 85.3k $9.2m | Added +22.6k |
| ABS Direct Equity Fund LLC 10.16% of their portfolio | 84.0k $9.0m | Added +12.8k |
| B. Metzler seel. Sohn & Co. AG 0.08% of their portfolio | 75.4k $8.1m | Added +33.8k |
| US BANCORP \DE\ 0.01% of their portfolio | 70.0k $7.5m | Added +5.5k |
| Sarasin & Partners LLP 0.06% of their portfolio | 66.1k $7.1m | Reduced -119.3k |
| Walleye Trading LLC 0.13% of their portfolio | 61.0k $6.6m | New |
| JANE STREET GROUP, LLC 0.01% of their portfolio | 60.0k $6.5m | Added +50.9k |
| NATIXIS ADVISORS, LLC 0.01% of their portfolio | 58.7k $6.3m | Reduced -793 |
| DEUTSCHE BANK AG\ 0.00% of their portfolio | 54.9k $5.9m | Reduced -6.1k |
| RENAISSANCE GROUP LLC 0.23% of their portfolio | 53.9k $5.8m | Reduced -1.8k |
| VANGUARD GROUP INC 0.00% of their portfolio | 50.2k $5.4m | Reduced -951 |
| OPPENHEIMER ASSET MANAGEMENT INC. 0.07% of their portfolio | 49.1k $5.3m | Reduced -602 |
| JARISLOWSKY, FRASER Ltd 0.03% of their portfolio | 46.5k $5.0m | Reduced -10.6k |
| ACADIAN ASSET MANAGEMENT LLC 0.02% of their portfolio | 46.0k $4.9m | Reduced -97.4k |
| MARSHALL WACE, LLP 0.01% of their portfolio | 44.0k $4.7m | Added +26.9k |
| Portland Global Advisors LLC 0.64% of their portfolio | 44.0k $4.7m | Added +3.1k |
| Baker Ellis Asset Management LLC 0.70% of their portfolio | 43.4k $4.7m | Added +140 |
| MMBG INVESTMENT ADVISORS CO. 0.48% of their portfolio | 41.7k $4.5m | Unchanged |
| BARCLAYS PLC 0.00% of their portfolio | 40.5k $4.4m | Reduced -96.5k |
| O'SHAUGHNESSY ASSET MANAGEMENT, LLC 0.04% of their portfolio | 39.9k $4.3m | Reduced -4.2k |
| MCKINLEY CAPITAL MANAGEMENT LLC 0.72% of their portfolio | 38.3k $4.1m | Reduced -4.2k |
| CARY STREET PARTNERS INVESTMENT ADVISORY LLC 0.16% of their portfolio | 36.8k $4.0m | Reduced -351 |
| MARATHON CAPITAL MANAGEMENT 0.95% of their portfolio | 34.5k $3.7m | New |
| NEUBERGER BERMAN GROUP LLC 0.00% of their portfolio | 32.2k $3.5m | Reduced -1.1k |
| FIFTH THIRD BANCORP 0.01% of their portfolio | 32.1k $3.5m | Reduced -3.0k |
| Balyasny Asset Management L.P. 0.01% of their portfolio | 30.4k $3.3m | New |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio | 29.7k $3.2m | New |
| Solstein Capital, LLC 1.99% of their portfolio | 28.4k $3.1m | Unchanged |
| MANNING & NAPIER ADVISORS LLC 0.03% of their portfolio | 27.8k $3.0m | First filing |
| BANK OF MONTREAL /CAN/ 0.00% of their portfolio | 27.3k $3.0m | Added +729 |
| Moran Wealth Management, LLC 0.09% of their portfolio | 25.7k $2.8m | Added +212 |
| Madison Asset Management, LLC 0.03% of their portfolio | 25.1k $2.7m | Added +4.7k |
| TRUIST FINANCIAL CORP 0.00% of their portfolio | 24.6k $2.6m | Reduced -2.9k |
| KLEIN PAVLIS & PEASLEY FINANCIAL, INC. 2.30% of their portfolio | 24.1k $2.6m | Added +5.5k |
| Ruffer LLP 0.11% of their portfolio | 24.0k $2.6m | Reduced -3.0k |