Vault-13

FOMENTO ECONOMICO MEXICANO S FMX

SPON ADR UNITS · ADR · CUSIP 344419106 · ISIN US3444191064

285 institutional holders +8 vs Q1 2025
74,717,05174.7m shares reported held*
$7.7bnreported value*
31 new 112 added 87 reduced 21 sold out net bought ≈ $749.4m (+7.3m shares)

* 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 ($13.3m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $102.61. Options: 4 managers hold calls ($10.7m notional), 6 hold puts ($15.1m).

Trends to Q2 2025

Institutional holders

Managers reporting a position, each quarter

0200400Q3 22: 239Q4 22: 260Q1 23: 264Q2 23: 295Q3 23: 310Q4 23: 335Q1 24: 330Q2 24: 310Q3 24: 315Q4 24: 290Q1 25: 277Q2 25: 285285Q3 22Q2 23Q1 24Q4 24Q2 25
Numbers
QuarterHolders
Q3 2022239
Q4 2022260
Q1 2023264
Q2 2023295
Q3 2023310
Q4 2023335
Q1 2024330
Q2 2024310
Q3 2024315
Q4 2024290
Q1 2025277
Q2 2025285

Buyers vs sellers

Managers adding to or starting a position, vs cutting or selling out

Bought or addedCut or sold out
2000200Q3 23: 147 bought or addedQ3 23: 132 cut or sold outQ4 23: 147 bought or addedQ4 23: 159 cut or sold outQ4 23Q1 24: 145 bought or addedQ1 24: 168 cut or sold outQ2 24: 117 bought or addedQ2 24: 195 cut or sold outQ2 24Q3 24: 130 bought or addedQ3 24: 149 cut or sold outQ4 24: 107 bought or addedQ4 24: 181 cut or sold outQ4 24Q1 25: 132 bought or addedQ1 25: 125 cut or sold outQ2 25: 143 bought or addedQ2 25: 108 cut or sold outQ2 25
Numbers
QuarterBought or addedCut or sold out
Q3 2023147132
Q4 2023147159
Q1 2024145168
Q2 2024117195
Q3 2024130149
Q4 2024107181
Q1 2025132125
Q2 2025143108

Calls vs puts

Options held, notional value, last 4 quarters. P/C = puts ÷ calls

CallsPuts
$0$5m$10m$15m$20mQ3 24 calls: $10.1mQ3 24 puts: $10.6mQ3 24P/C 1.05Q4 24 calls: $6.8mQ4 24 puts: $4.2mQ4 24P/C 0.61Q1 25 calls: $10.5mQ1 25 puts: $8.0mQ1 25P/C 0.76Q2 25 calls: $10.7mQ2 25 puts: $15.1mQ2 25P/C 1.41
Numbers
QuarterCallsPutsP/C
Q3 2024$10.1m$10.6m1.05
Q4 2024$6.8m$4.2m0.61
Q1 2025$10.5m$8.0m0.76
Q2 2025$10.7m$15.1m1.41

Biggest buyers

ROYAL BANK OF CANADA Added +5,990,751+6.0m
GQG Partners LLC New +3,759,941+3.8m
CITIGROUP INC Added +1,296,194+1.3m
AQR CAPITAL MANAGEMENT LLC Added +709,957+710.0k
ALTRINSIC GLOBAL ADVISORS LLC Added +324,781+324.8k
ACADIAN ASSET MANAGEMENT LLC Added +167,250+167.2k
INCA Investments LLC Added +141,419+141.4k
LAZARD ASSET MANAGEMENT LLC Added +138,028+138.0k
Driehaus Capital Management LLC New +126,187+126.2k
Aberdeen Group plc Added +112,813+112.8k

Biggest sellers

HAWK RIDGE CAPITAL MANAGEMENT LP Sold out -1,038,861-1.0m
PRICE T ROWE ASSOCIATES INC /MD/ Reduced -818,210-818.2k
Talaria Asset Management Pty Ltd Sold out -544,558-544.6k
SCHRODER INVESTMENT MANAGEMENT GROUP Reduced -502,761-502.8k
Itau Unibanco Holding S.A. Reduced -498,148-498.1k
FMR LLC Reduced -443,841-443.8k
BNP PARIBAS FINANCIAL MARKETS Reduced -234,481-234.5k
BlackRock, Inc. Reduced -227,493-227.5k
Harding Loevner LP Reduced -220,432-220.4k
JPMORGAN CHASE & CO Reduced -190,479-190.5k

Biggest calls

SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $5.8m55.9k shares
UBS Group AG Added $4.9m47.4k shares
Walleye Trading LLC New $103.0k1.0k shares
CONCOURSE FINANCIAL GROUP SECURITIES, INC. Unchanged $00 shares

Biggest puts

SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $11.3m110.2k shares
IMC-Chicago, LLC New $1.7m16.5k shares
PEAK6 LLC Added $926.8k9.0k shares
SIMPLEX TRADING, LLC Added $783.0k8.5k shares
Walleye Trading LLC Reduced $391.3k3.8k 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.

HolderStakeChangeShares Last filed
CASCADE INVESTMENT, L.L.C. 13D · may seek influence filed 2026-04-02 14.0% 27.9m 2026-04-02
BlackRock, Inc. 13G · institution new · filed 2026-07-30 7.0% new 138.9m 2026-07-30
First Eagle Investment Management, LLC 13G · institution filed 2025-02-12 6.0% 126.6m 2025-02-12
FMR LLC 13G · institution new · filed 2025-05-07 5.9% new 126.0m 2025-05-07

Insider purchases and sales in Q2 2025

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 2025.

Holders, Q2 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 First Eagle Investment Management, LLC 2.58% of their portfolio NEW YORK, NY 12,512,88112.5m $1.3bn $1.3bn 2.58% Reduced -131.6k -131,608
2 ROYAL BANK OF CANADA 0.11% of their portfolio TORONTO, A6 11,360,73211.4m $1.2bn $1.2bn 0.11% Added +6.0m +5,990,751
3 Harding Loevner LP 3.75% of their portfolio Bridgewater, NJ 5,408,8145.4m $556.9m $556.9m 3.75% Reduced -220.4k -220,432
4 BAILLIE GIFFORD & CO 0.33% of their portfolio EDINBURGH, X0 4,257,3354.3m $438.4m $438.4m 0.33% Reduced -11.3k -11,259
5 GQG Partners LLC 0.55% of their portfolio FT. LAUDERDALE, FL 3,759,9413.8m $387.2m $387.2m 0.55% New
6 SCHRODER INVESTMENT MANAGEMENT GROUP 0.33% of their portfolio London, X0 3,756,0093.8m $386.8m $386.8m 0.33% Reduced -502.8k -502,761
7 Nuveen, LLC 0.10% of their portfolio CHARLOTTE, NC 3,348,9233.3m $344.9m $344.9m 0.10% Reduced -37.4k -37,401
8 FMR LLC 0.02% of their portfolio BOSTON, MA 2,932,0582.9m $301.9m $301.9m 0.02% Reduced -443.8k -443,841
9 JPMORGAN CHASE & CO 0.02% of their portfolio NEW YORK, NY 2,343,6712.3m $241.4m $241.4m 0.02% Reduced -190.5k -190,479
10 CITIGROUP INC 0.12% of their portfolio NEW YORK, NY 1,714,8951.7m $176.6m $176.6m 0.12% Added +1.3m +1,296,194
11 MORGAN STANLEY 0.01% of their portfolio NEW YORK, NY 1,229,8801.2m $126.7m $126.7m 0.01% Reduced -175.5k -175,530
12 Aberdeen Group plc 0.20% of their portfolio EDINBURGH, X0 1,155,7661.2m $119.4m $119.4m 0.20% Added +112.8k +112,813
13 ALTRINSIC GLOBAL ADVISORS LLC 3.52% of their portfolio Stamford, CT 944,824944.8k $97.3m $97.3m 3.52% Added +324.8k +324,781
14 ANTIPODES PARTNERS Ltd 2.95% of their portfolio ROYAL EXCHANGE, C3 922,816922.8k $95.0m $95.0m 2.95% Added +3.1k +3,094
15 Perpetual Ltd 1.11% of their portfolio SYDNEY, NEW SOUTH WALES, C3 916,864916.9k $94.4m $94.4m 1.11% Reduced -60.5k -60,478
16 Robeco Institutional Asset Management B.V. 0.14% of their portfolio ROTTERDAM, P7 848,283848.3k $87.4m $87.4m 0.14% Added +15.0k +15,045
17 MACQUARIE GROUP LTD 0.10% of their portfolio Sydney, NSW 2000, C3 808,139808.1k $83.2m $83.2m 0.10% Reduced -4.2k -4,182
18 Black Creek Investment Management Inc. 3.82% of their portfolio TORONTO, A6 803,181803.2k $82.7m $82.7m 3.82% Reduced -188.0k -188,014
19 AQR CAPITAL MANAGEMENT LLC 0.06% of their portfolio Greenwich, CT 716,029716.0k $73.2m $73.2m 0.06% Added +710.0k +709,957
20 BANK OF AMERICA CORP /DE/ 0.01% of their portfolio CHARLOTTE, NC 625,746625.7k $64.4m $64.4m 0.01% Added +76.5k +76,535
21 Invesco Ltd. 0.01% of their portfolio ATLANTA, GA 623,833623.8k $64.2m $64.2m 0.01% Added +111.1k +111,127
22 LAZARD ASSET MANAGEMENT LLC 0.09% of their portfolio NEW YORK, NY 615,708615.7k $63.4m $63.4m 0.09% Added +138.0k +138,028
23 Itau Unibanco Holding S.A. 1.32% of their portfolio SAO PAULO, D5 613,888613.9k $34.8m $34.8m 1.32% Reduced -498.1k -498,148
24 ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.04% of their portfolio BOSTON, MA 607,261607.3k $62.5m $62.5m 0.04% Reduced -78.9k -78,864
25 Ninety One UK Ltd 0.14% of their portfolio London, X0 596,665596.7k $61.4m $61.4m 0.14% Reduced -23.8k -23,812
26 Amundi 0.02% of their portfolio Paris, I0 594,396594.4k $63.1m $63.1m 0.02% Added +32.9k +32,923
27 ACADIAN ASSET MANAGEMENT LLC 0.12% of their portfolio Boston, MA 550,894550.9k $56.7m $56.7m 0.12% Added +167.2k +167,250
28 BlackRock, Inc. 0.00% of their portfolio New York, NY 548,320548.3k $56.5m $56.5m 0.00% Reduced -227.5k -227,493
29 Employees Retirement System of Texas 0.40% of their portfolio AUSTIN, TX 480,355480.4k $49.5m $49.5m 0.40% Reduced -3.6k -3,594
30 NORTHERN TRUST CORP 0.01% of their portfolio CHICAGO, IL 457,917457.9k $47.2m $47.2m 0.01% Reduced -4.4k -4,359
31 LBP AM SA 0.62% of their portfolio Paris, I0 424,535424.5k $43.7m $43.7m 0.62% Reduced -179.9k -179,882
32 CIBC Private Wealth Group LLC 0.07% of their portfolio ATLANTA, GA 393,329393.3k $40.5m $40.5m 0.07% Added +14.9k +14,873
33 Northcape Capital Pty Ltd 4.73% of their portfolio SYDNEY, C3 360,852360.9k $37.2m $37.2m 4.73% First filing
34 UBS Group AG 0.01% of their portfolio ZURICH, V8 348,756348.8k $35.9m $35.9m 0.01% Reduced -101.5k -101,515
35 USS Investment Management Ltd 0.21% of their portfolio London, X0 319,194319.2k $32.9m $32.9m 0.21% Added +44.0k +43,984
36 AMERICAN CENTURY COMPANIES INC 0.02% of their portfolio KANSAS CITY, MO 304,917304.9k $31.4m $31.4m 0.02% Added +47.4k +47,421
37 STRS OHIO 0.11% of their portfolio COLUMBUS, OH 294,300294.3k $30.3m $30.3m 0.11% Unchanged
38 COMGEST GLOBAL INVESTORS S.A.S. 0.51% of their portfolio Paris, I0 289,442289.4k $29.8m $29.8m 0.51% Reduced -123.2k -123,156
39 ENVESTNET ASSET MANAGEMENT INC 0.01% of their portfolio Berwyn, PA 277,954278.0k $28.6m $28.6m 0.01% Added +11.7k +11,668
40 INCA Investments LLC 10.99% of their portfolio MIAMI, FL 274,769274.8k $28.3m $28.3m 10.99% Added +141.4k +141,419
41 SEI INVESTMENTS CO 0.03% of their portfolio OAKS, PA 263,815263.8k $27.2m $27.2m 0.03% Reduced -15.9k -15,854
42 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 255,975256.0k $26.4m $26.4m 0.00% Added +23.1k +23,055
43 Sustainable Growth Advisers, LP 0.12% of their portfolio STAMFORD, CT 234,839234.8k $24.2m $24.2m 0.12% Reduced -35.6k -35,648
44 Cook & Bynum Capital Management, LLC 18.84% of their portfolio Birmingham, AL 233,445233.4k $23.8m $23.8m 18.84% Unchanged
45 Ninety One North America, Inc. 1.12% of their portfolio New York, NY 222,042222.0k $22.9m $22.9m 1.12% Reduced -18.4k -18,366
46 GABELLI FUNDS LLC 0.15% of their portfolio Rye, NY 208,500208.5k $21.5m $21.5m 0.15% Reduced -14.6k -14,600
47 PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO 0.07% of their portfolio COLUMBUS, OH 207,427207.4k $21.4m $21.4m 0.07% Reduced -20.5k -20,496
48 State of New Jersey Common Pension Fund D 0.08% of their portfolio TRENTON, NJ 189,694189.7k $19.5m $19.5m 0.08% Reduced -3.4k -3,358
49 DIMENSIONAL FUND ADVISORS LP 0.00% of their portfolio AUSTIN, TX 188,221188.2k $19.4m $19.4m 0.00% Reduced -8.2k -8,243
50 BARCLAYS PLC 0.01% of their portfolio LONDON, X0 137,127137.1k $14.1m $14.1m 0.01% Added +25.4k +25,428
51 NATIXIS ADVISORS, LLC 0.02% of their portfolio Boston, MA 126,213126.2k $13.0m $13.0m 0.02% Added +66.0k +65,999
52 Driehaus Capital Management LLC 0.10% of their portfolio Chicago, IL 126,187126.2k $13.0m $13.0m 0.10% New
53 Connor, Clark & Lunn Investment Management Ltd. 0.04% of their portfolio VANCOUVER, A1 114,372114.4k $11.8m $11.8m 0.04% Added +10.8k +10,751
54 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 110,671110.7k $11.4m $11.4m 0.00% Added +136 +136
55 Holocene Advisors, LP 0.03% of their portfolio New York, NY 106,109106.1k $10.9m $10.9m 0.03% New
56 Russell Investments Group, Ltd. 0.01% of their portfolio Seattle, WA 100,712100.7k $10.3m $10.3m 0.01% Added +29.8k +29,821
57 Value Partners Investments Inc. 0.77% of their portfolio WINNIPEG, A2 95,70995.7k $9.9m $9.9m 0.77% Added +109 +109
58 GAMCO INVESTORS, INC. ET AL 0.09% of their portfolio GREENWICH, CT 90,51390.5k $9.3m $9.3m 0.09% Reduced -5.2k -5,198
59 Medina Value Partners, LLC 2.48% of their portfolio LOS ANGELES, CA 88,03388.0k $9.1m $9.1m 2.48% Reduced -89.8k -89,793
60 PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio BALTIMORE, MD 81,00081.0k $8.3m $8.3m 0.00% Reduced -818.2k -818,210
61 Janney Capital Management LLC 0.54% of their portfolio PITTSBURGH, PA 80,98181.0k $8.3m $8.3m 0.54% Reduced -1.4k -1,431
62 EXCHANGE TRADED CONCEPTS, LLC 0.11% of their portfolio Oklahoma City, OK 80,00080.0k $8.2m $8.2m 0.11% Added +48.5k +48,518
63 B. Metzler seel. Sohn & Co. AG 0.08% of their portfolio FRANKFURT, 2M 76,91476.9k $7.9m $7.9m 0.08% Reduced -5.4k -5,426
64 BARINGS LLC 0.17% of their portfolio CHARLOTTE, NC 72,61772.6k $7.5m $7.5m 0.17% Added +17.5k +17,488
65 BNP PARIBAS FINANCIAL MARKETS 0.01% of their portfolio PARIS, I0 67,23767.2k $6.9m $6.9m 0.01% Reduced -234.5k -234,481
66 ABS Direct Equity Fund LLC 10.74% of their portfolio Stamford, CT 65,60065.6k $6.8m $6.8m 10.74% Added +1.7k +1,700
67 US BANCORP \DE\ 0.01% of their portfolio MINNEAPOLIS, MN 62,36562.4k $6.4m $6.4m 0.01% Reduced -2.7k -2,696
68 MACKENZIE FINANCIAL CORP 0.01% of their portfolio TORONTO ONTARIO, A6 60,57460.6k $6.2m $6.2m 0.01% Reduced -2.5k -2,492
69 JARISLOWSKY, FRASER Ltd 0.03% of their portfolio MONTREAL, A8 56,45656.5k $5.8m $5.8m 0.03% Reduced -77 -77
70 Vontobel Holding Ltd. 0.02% of their portfolio ZURICH, V8 49,70249.7k $5.1m $5.1m 0.02% New
71 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 47,08347.1k $4.8m $4.8m 0.00% Added +21.5k +21,527
72 VANGUARD GROUP INC 0.00% of their portfolio Valley Forge, PA 45,97646.0k $4.7m $4.7m 0.00% Added +8.8k +8,805
73 RENAISSANCE GROUP LLC 0.18% of their portfolio Covington, KY 45,67145.7k $4.7m $4.7m 0.18% Added +89 +89
74 OPPENHEIMER ASSET MANAGEMENT INC. 0.05% of their portfolio NEW YORK, NY 44,71944.7k $4.6m $4.6m 0.05% Reduced -264 -264
75 MMBG INVESTMENT ADVISORS CO. 0.44% of their portfolio MIAMI, FL 43,22343.2k $4.5m $4.5m 0.44% Added +1.5k +1,500
76 Crossmark Global Holdings, Inc. 0.07% of their portfolio HOUSTON, TX 40,72840.7k $4.2m $4.2m 0.07% Added +14.4k +14,369
77 KLEIN PAVLIS & PEASLEY FINANCIAL, INC. 2.78% of their portfolio IRVINE, CA 40,43340.4k $4.2m $4.2m 2.78% Added +2.4k +2,389
78 Baker Ellis Asset Management LLC 0.57% of their portfolio Vancouver, WA 40,02140.0k $4.1m $4.1m 0.57% Reduced -598 -598
79 Portland Global Advisors LLC 0.47% of their portfolio PORTLAND, ME 38,41438.4k $4.0m $4.0m 0.47% Reduced -955 -955
80 RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio ST. PETERSBURG, FL 36,96037.0k $3.8m $3.8m 0.00% Added +18.0k +17,958
81 STIFEL FINANCIAL CORP 0.00% of their portfolio ST. LOUIS, MO 35,88535.9k $3.7m $3.7m 0.00% Added +21.4k +21,381
82 MARSHALL WACE, LLP 0.00% of their portfolio LONDON, X0 35,64835.6k $3.7m $3.7m 0.00% Reduced -17.3k -17,336
83 MATTHEWS INTERNATIONAL CAPITAL MANAGEMENT LLC 0.80% of their portfolio SAN FRANCISCO, CA 33,67933.7k $3.5m $3.5m 0.80% New
84 CARY STREET PARTNERS FINANCIAL LLC 0.09% of their portfolio RICHMOND, VA 32,75332.8k $3.4m $3.4m 0.09% Reduced -1 -1
85 Solstein Capital, LLC 1.55% of their portfolio Menlo Park, CA 29,25229.3k $3.0m $3.0m 1.55% Added +880 +880
86 NEUBERGER BERMAN GROUP LLC 0.00% of their portfolio NEW YORK, NY 28,15628.2k $2.9m $2.9m 0.00% Added +538 +538
87 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 27,15427.2k $2.8m $2.8m 0.00% New
88 MANNING & NAPIER ADVISORS LLC 0.03% of their portfolio Fairport, NY 26,57626.6k $2.7m $2.7m 0.03% Added +68 +68
89 FIFTH THIRD BANCORP 0.01% of their portfolio CINCINNATI, OH 26,01926.0k $2.7m $2.7m 0.01% Reduced -455 -455
90 Ramirez Asset Management, Inc. 0.40% of their portfolio NEW YORK, NY 25,81325.8k $2.7m $2.7m 0.40% Added +46 +46
91 BANK OF MONTREAL /CAN/ 0.00% of their portfolio TORONTO, A6 25,76325.8k $2.7m $2.7m 0.00% Reduced -418 -418
92 Mariner, LLC 0.00% of their portfolio Overland Park, KS 24,40324.4k $2.5m $2.5m 0.00% Added +1.9k +1,858
93 NOMURA HOLDINGS INC 0.02% of their portfolio TOKYO, M0 23,87823.9k $2.5m $2.5m 0.02% Added +9.1k +9,140
94 DAVENPORT & Co LLC 0.01% of their portfolio RICHMOND, VA 23,20423.2k $2.4m $2.4m 0.01% Added +1.4k +1,431
95 LPL Financial LLC 0.00% of their portfolio FORT MILL, SC 20,84320.8k $2.1m $2.1m 0.00% Added +3.2k +3,244
96 Sarasin & Partners LLP 0.02% of their portfolio London, X0 20,00020.0k $2.1m $2.1m 0.02% Unchanged
97 FLOSSBACH VON STORCH SE 0.01% of their portfolio COLOGNE, 2M 20,00020.0k $2.1m $2.1m 0.01% Reduced -2.5k -2,500
98 KEYBANK NATIONAL ASSOCIATION/OH 0.01% of their portfolio BROOKLYN, OH 18,62918.6k $1.9m $1.9m 0.01% Reduced -132 -132
99 XTX Topco Ltd 0.08% of their portfolio LONDON, X0 18,56018.6k $1.9m $1.9m 0.08% New
100 O'SHAUGHNESSY ASSET MANAGEMENT, LLC 0.01% of their portfolio Stamford, CT 18,53218.5k $1.9m $1.9m 0.01% Added +187 +187