Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Fomento Economico Mexicano S (FMX)

304 + Investors. Track Smart Money conviction in FMX. See who's accumulating, reducing, or initiating positions.

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↑ +11
Streak
2Q ▲
Buyers last Q
56%

Smart Money Signals — FMX

Based on 306 hedge funds · latest filing: 2026 Q1 · updated quarterly

📈

Buying streak — 2 quarters in a row

last 6Q
For 2 consecutive quarters, more hedge funds added FMX than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.
🏔️

At the ownership peak (96% of max)

96% of all-time peak
306 hedge funds hold FMX right now — the highest count in 3.0 years. When ownership is this concentrated, any bad news can trigger a chain reaction: one big fund sells, others follow. This is a classic 'crowded trade' — high popularity doesn't equal safety.
📶

Steady growth — +12% more funds vs a year ago

fund count last 6Q
+32 new funds entered over the past year (+12% YoY). Gradual, steady growth in institutional ownership is generally a healthy signal — not a speculative rush, but consistent conviction. The peak was reached in just 3 quarters from the low — a sharp move.
🟡

Slight buying edge — 56% buying

154 buying123 selling
Last quarter: 154 funds bought or added vs 123 that reduced or exited. It's nearly a 50/50 split — some institutions are convinced, others are taking profits. This mixed picture is normal near price highs.
⚠️

Fewer new buyers each quarter (-6 vs last Q)

new funds entering per quarter
Funds opening this position for the first time: 35 → 37 → 46 → 40. Each quarter fewer new institutions are entering. This usually means most funds that wanted in are already in — the stock is well-known but the pool of potential new buyers is shrinking.
🔒

64% of holders stayed for 2+ years

■ 64% conviction (2yr+) ■ 20% medium ■ 15% new
197 out of 306 hedge funds have held FMX for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.
📈

Growing discovery — still being found

32 → 35 → 37 → 46 → 40 new funds/Q
New funds entering each quarter: 35 → 37 → 46 → 40. A growing number of institutions are discovering FMX each quarter. The narrative is still spreading — leaving room for ongoing capital accumulation.
🏛️

Veteran-anchored — 71% veterans vs 19% newcomers

■ 71% veterans ■ 10% 1-2yr ■ 19% new
Entry-cohort mix of 313 holders: 221 (71%) are 2+ year veterans, 32 entered 1–2 years ago, and 60 (19%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.
✅

Strong quality — 37% AUM from major funds

37% from top-100 AUM funds
42 of 305 holders rank in the top 100 by AUM, accounting for 37% of total institutional value held. A meaningful share of the ownership value comes from the most well-resourced institutions.
3.3
out of 10
Low Exit Risk
Exit risk score 3.3/10 — low institutional crowding. Ownership is below peak levels, holder base is relatively sticky, and buying momentum is positive.

Methodology note: these Smart Money cards use consecutive 13F disclosure snapshots, not trade-by-trade execution data. "Buying", "selling", "new holders", and "trimmed" refer to quarter-over-quarter changes in reported holders, aggregate shares, or disclosed position values between filings. They are useful for ownership regime analysis and crowding, but they do not imply exact trade timing on the filing date.

Institutional Sentiment Summary — FMX

In 2026 Q1, 154 hedge funds were net buyers of FMX (40 opened a new position, 114 added to an existing one), while 123 reduced or exited (94 trimmed, 29 sold completely) — a 56% buyer ratio, indicating a slight buying edge. Net buying has persisted for two consecutive quarters, a positive momentum signal. 37% of total institutional value in FMX is held by top-100 AUM funds, reflecting strong institutional quality. Net fund flow last quarter: +11 funds (more new holders than closures). Total institutional holders: 306.

Hedge Fund Ownership: FMX

How many hedge funds hold FMX — quarterly history vs. share price
Quarterly hedge fund ownership of FMX vs. share price

Market Analysis: FMX

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: FMX

-- --

Institutional ownership data sourced from SEC EDGAR Form 13F-HR filings.

Is It Too Late to Buy Fomento Economico Mexicano S (FMX) Based on Hedge Fund 13F Filings?

Signal Freshness measures how much FMX has moved relative to its sector benchmark (XLP) since the 2026 Q1 13F filing. A stock that has barely outrun its sector is still a relatively fresh entry point — the fund's thesis has not yet been priced in by the broader market.

Since Quarter End March 31, 2026 · 75d ago
FMX
+16.5%
XLP
+4.7%

FMX outperformed XLP by +11.8% since March 31, 2026.

Since 13F Filing Date May 15, 2026 · 30d ago
FMX
+6.6%
XLP
+1.4%

Since the filing became public, FMX outperformed XLP by +5.2% .

Interpretation: The stock is tracking its sector benchmark closely. The signal remains fresh and the entry point is still near the fund's implied reference. Learn more →

Smart Money Signal ?
Limited Smart Money Interest

No strong consensus or elite conviction detected among institutional holders.

17 top-rated funds 7 high-conviction
Consensus
5.5
/ 10
breadth
×
Elite
3.6
/ 10
conviction
Hedge Fund Positioning: FMX
304 + Investors

Track Smart Money conviction in FMX. See who's accumulating, reducing, or initiating positions.

Metric All 13F Filers (2026 Q1) Prior (2025 Q4) Change
Funds Holding 304 295 3.05%
13F Shares 60M 63M -3.94%
Total Value $6.62B $6.29B 5.36%
New Positions 39 46 -7
Increased Positions 111 119 -8
Closed Positions 30 30 -
Reduced Positions 93 83 +10
Total Calls 4 4 -
Total Puts 4 5 -20.0%
PUT/CALL Ratio 1.0 1.25 Neutral

Statistics: FMX

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Valuation Measures Data as of: --

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PEG Ratio (5yr expected) --
Price/Sales (ttm) --
Price/Book (mrq) --
Enterprise Value/Revenue --
Enterprise Value/EBITDA --
Beta (5Y Monthly) --
Short Ratio (Days to Cover) --
Short % of Float --

Financial Highlights

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Profit Margin --
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Diluted EPS (ttm) --
Total Cash (mrq) --
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Institutional Holders (2026 Q1)

304 + investors

Explore institutional interest and hedge fund ownership dynamics. Analyze portfolio weights, new positions, and conviction trends in FMX. Verified SEC 13F-HR filings.

QUARTER:
Top 25 FMX holders by conviction (% of portfolio weight) — 2026 Q1 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Skerryvore Asset Management Ltd 25.66% 267,868 $30.8M
2 Cook & Bynum Capital Management, LLC 20.88% 233,445 $25.9M
3 Fundamenta Capital S.A. 8.00% 83,841 $9.3M
4 Harding Loevner LP 6.35% 5,558,756 $617.4M
5 Northcape Capital Pty Ltd 6.33% 494,108 $54.9M
6 ABS Direct Equity Fund LLC 5.54% 65,300 $7.3M
7 INCA Investments LLC 4.34% 110,104 $12.2M
8 Black Creek Investment Management Inc. 3.51% 589,801 $65.5M
9 Altrinsic Global Advisors LLC 3.28% 825,168 $91.6M
10 Templeton & Phillips Capital Management, LLC 2.46% 27,200 $3.0M
11 Klein Pavlis & Peasley Financial, INC. 2.46% 40,031 $4.4M
12 ANTIPODES PARTNERS Ltd 2.13% 996,560 $110.7M
13 First Eagle Investment Management, LLC 1.90% 12,902,253 $1.43B
14 Matthews International Capital Management LLC 1.42% 31,465 $3.5M
15 Solstein Capital, LLC 1.25% 27,490 $3.1M
16 Value Partners Investments Inc. 1.16% 137,109 $15.2M
17 Itau Unibanco Holding S.A. 0.99% 409,557 $41.4M
18 Point Nemo Capital, LLC 0.80% 10,941 $1.2M
19 Driehaus Capital Management LLC 0.66% 803,253 $89.2M
20 Lbp AM SA 0.63% 414,582 $46.0M
21 Councilmark Asset Management, LLC 0.56% 8,775 $975K
22 Portland Global Advisors LLC 0.48% 40,385 $4.5M
23 Baker Ellis Asset Management LLC 0.48% 36,067 $4.0M
24 Mmbg Investment Advisors CO. 0.44% 43,578 $4.8M
25 Ramirez Asset Management, Inc. 0.38% 27,939 $3.2M
Investor Ownership
History 		% of Portfolio Prev % Rank Conviction Avg Buy Price 13F Score™ 3Y / 7Y Sell Timing Shares Mkt Value Change Change % Source Quarter Filed

Frequently Asked Questions — Fomento Economico Mexicano S (FMX)

What does the Smart Money Trend signal show for FMX?

Buying streak — 2 quarters in a row: For 2 consecutive quarters, more hedge funds added FMX than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.

What is the institutional breadth score for FMX?

Slight buying edge — 56% buying: Last quarter: 154 funds bought or added vs 123 that reduced or exited. It's nearly a 50/50 split — some institutions are convinced, others are taking profits. This mixed picture is normal near price highs.

What is the fund quality score for FMX holders?

Strong quality — 37% AUM from major funds: 42 of 305 holders rank in the top 100 by AUM, accounting for 37% of total institutional value held. A meaningful share of the ownership value comes from the most well-resourced institutions.

How long have hedge funds held FMX?

64% of holders stayed for 2+ years: 197 out of 306 hedge funds have held FMX for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.

Is it too late to buy Fomento Economico Mexicano S (FMX) following the 2026 Q1 hedge fund 13F filings?

As of today, FMX has moved +6.6% since the 2026 Q1 13F filing date (May 15, 2026), compared to +1.4% for the XLP sector ETF — an outperformance of +5.2%. Since the quarter end (March 31, 2026), FMX has gained +16.5% vs +4.7% for XLP. The stock is tracking its sector benchmark closely. The signal remains fresh and the entry point is still near the fund's implied reference.

Where does this institutional ownership data come from?

All holdings data is sourced from SEC Form 13F filings, which institutional investment managers with over $100 million in assets are required to submit quarterly. Data is parsed directly from SEC EDGAR.

Disclaimer: The information on this page is for informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any security. Institutional holdings data is sourced from SEC Form 13F filings and reflects positions as of the filing date. Past performance of any fund or portfolio is not indicative of future results. 13Foresight is not a registered investment adviser. Always conduct your own due diligence before making investment decisions.

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