UNITED STATES SECURITIES AND
EXCHANGE COMMISSION
Washington, D.C. 20549

Schedule 13G

Under the Securities Exchange Act of 1934
(Amendment No. )

(RULE 13d-102)

Information to be included in statements filed
pursuant to Rule 13d-1 (b) (c) and (d) and Amendments thereto
filed pursuant to Rule 13d-2 (b).

Fomento Economico Mexicano SAB de CV (Mexican Economic Development Inc)
(Name of Issuer)

Common shares
(Title of Class of Securities)

344419106
(CUSIP/SEDOL Number)

December 31, 2022
(Date of Event which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant
to which this Schedule is filed:

[X] Rule 13d-1 (b)
[ ] Rule 13d-1 (c)
[ ] Rule 13d-1 (d)

*The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page.

The information required in the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).


SCHEDULE 13G

Issuer: Fomento Economico Mexicano SAB de CV
(Mexican Economic Development Inc)

CUSIP No.: 344419106

1       NAMES OF REPORTING PERSONS

        First Eagle Investment Management, LLC


2       CHECK THE APPROPRIATE BOX IF A MEMBER
        OF A GROUP
        (a)
        (b)


3       SEC USE ONLY


4       CITIZENSHIP OR PLACE OF ORGANIZATION

        State of Delaware


NUMBER OF SHARES        5  SOLE VOTING POWER - 102,618,930
BENEFICIALLY            6  SHARED VOTING POWER - 0
OWNED BY EACH           7  SOLE DISPOSITIVE POWER - 109,899,932
REPORTING PERSON        8  SHARED DISPOSITIVE POWER - 0
WITH:


9       AGGREGATE AMOUNT BENEFICIALLY OWNED
        BY EACH REPORTING PERSON

        109,899,932


10      CHECK IF THE AGGREGATE AMOUNT IN
        ROW (11) EXCLUDES CERTAIN SHARES

        N/A


11      PERCENT OF CLASS REPRESENTED BY AMOUNT
        IN ROW 9:

        5.08%


12      TYPE OF REPORTING PERSON

        IA


SCHEDULE 13G

Issuer: Fomento Economico Mexicano SAB de CV (Mexican Economic Development Inc)

CUSIP No.: 344419106

ITEM 1

(a)     Name of Issuer: Fomento Economico Mexicano SAB de CV
                        (Mexican Economic Development Inc)


(b)     Address of Issuer's Principal Executive Offices:

        General Anaya No 601 Pte, Colonia Bella Vista
        Monterrey, N.L., Mexico, 64410


ITEM 2

(a)     Name of Person Filing: First Eagle Investment Management, LLC

(b)     Address of Principal Business Office:

        1345 Avenue of the Americas
        New York, NY 10105


(c)     Citizenship: Delaware, USA


(d)     Title of Class of Securities:

        Common Stock



(e)     CUSIP No.: 344419106


ITEM 3

If this statement is filed pursuant to Sections 240.
13d-1(b), or 240.13d-2(b) or (c), check whether
the person filing is a:

(a)     [  ]    Broker or dealer registered under
                Section 15 of the Act (15 U.S.C. 78o);

(b)     [  ]    Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);

(c)     [  ]    Insurance Company as defined in section
                3(a)(19) of the Act (15 U.S.C. 78C);

(d)     [  ]    Investment company registered under Section
                8 of the Investment Company Act if 1940
                (15 U.S.C. 80a-8);

(e)     [X]     An investment adviser in accordance with Section
                240.13d-1(b)(1)(ii)(E);

(f)     [  ]    An employee benefit plan or endowment fund in accordance with
                Section 240.13d-1(b)(1)(ii)(F);

(g)     [  ]    A parent holding company or control person in accordance with
                Section 240.13d-1(b)(1)(ii)(G);

(h)     [  ]    A savings associations as defined in Section 3(b) of the
                Federal Deposit Insurance Act (12 U.S.C. 1813);

(i)     [  ]    A church plan that is excluded from the
                definition of an insurance company under Section 3 (c)(14) of
                the Investment Company Act of 1940 (15 U.S.C. 80a-3);

(j)     [  ]    Group, in accordance with section 240.13d-1 (b)(1)(ii)(J).


SCHEDULE 13G

Issuer: Fomento Economico Mexicano SAB de CV (Mexican Economic Development Inc)

CUSIP No.: 344419106

ITEM 4. Ownership.

        See cover page.


ITEM 5. Ownership of Five Percent or Less of a Class.

        N/A


ITEM 6. OWNERSHIP OF MORE THAN FIVE PERCENT ON BEHALF OF ANOTHER PERSON

        Securities reported on this Schedule 13G as being beneficially owned
        by First Eagle Investment Management, LLC are held by or at the direction
        of First Eagle Investment Management, LLC and/or one or more of its investment
        adviser subsidiaries, which may include First Eagle Separate Account
        Management, LLC, principally on behalf of investment advisory clients, which
        may include investment companies registered under the Investment Company Act,
        employee benefit plans, pension funds, other institutional clients, or
        separate accounts, but sometimes for its own account.

        First Eagle Investment Management, LLC (FEIM), an investment adviser
        registered under Section 203 of the Investment Advisers Act of 1940,
        is deemed to be the beneficial owner of 109,899,932 shares, or 5.08%
        of the common stock believed to be outstanding as a result of
        acting as investment adviser to various clients. The shares are held
        in the form of 10,989,993 American Depository Receipts ("ADRs"), with
        each ADR representing 10 shares of common stock. Clients of FEIM
        have the right to receive and the ultimate power to direct the
        receipt of dividends from, or the proceeds of the sale of, such
        securities.


ITEM 7. IDENTIFICATION AND CLASSIFICATION OF THE SUBSIDIARY WHICH ACQUIRED THE
        SECURITY BEING REPORTED ON BY THE PARENT HOLDING COMPANY OR CONTROL
        PERSON.

        N/A


ITEM 8. Identification and Classification of Members of the Group.

        N/A


ITEM 9. Notice of Dissolution of Group

        N/A


ITEM 10. Certification

        By signing below I certify that, to the best of my knowledge and
        belief, the securities referred to above were acquired and held in the
        ordinary course of business and were not acquired and are not held for the
        purpose of or with the effect of changing or influencing the control of the
        issuer of such securities and were not acquired and are not held in
        connection with or as a participant in any transaction having that purpose
        of effect, other than activities solely in connection with a nomination
        under 240.14a-11.

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief,
I certify that the information set forth in this statement is true,
complete and correct.

Date:           February 10, 2023

Signature:      /s/ David O'Connor

Name/Title:     David O'Connor, Senior Vice President

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