Empirical Capital Management’s FedEx FDX Stock Holding History

Empirical Capital Management’s Portfolio FDX Stock Details FDX Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2025 Q3	–	Sell	-16,000	Closed	-$3.64M	–	14
2025 Q2	$3.64M	Hold	16,000	–	–	2.25%	11
2025 Q1	$3.9M	Hold	16,000	–	–	2.77%	11
2024 Q4	$4.5M	Hold	16,000	–	–	3.39%	11
2024 Q3	$4.38M	Sell	16,000 -14,000	-47%	-$4.07M	3.06%	12
2024 Q2	$8.99M	Hold	30,000	–	–	6.41%	8
2024 Q1	$8.69M	Hold	30,000	–	–	7.05%	8
2023 Q4	$7.59M	Buy	+30,000	New	+$7.62M	6.95%	8
2022 Q3	$4.26M	Hold	28,690	–	–	4.38%	8
2022 Q2	$6.5M	Sell	28,690 -4,810	-14%	-$1.03M	6.4%	7
2022 Q1	$7.75M	Buy	+33,500	New	+$7.87M	7.34%	5
2021 Q4	–	Sell	-20,000	Closed	-$4.39M	–	21
2021 Q3	$4.39M	Buy	20,000 +15,000	+300%	+$4.07M	4.61%	7
2021 Q2	$1.49M	Hold	5,000	–	–	0.99%	21
2021 Q1	$1.42M	Buy	+5,000	New	+$1.29M	1%	20

Other funds holding FDX

Vanguard Group Malvern, Pennsylvania $6.9T AUM 27.45% 1-Year Est. Return

BlackRock New York $5.72T AUM 30.48% 1-Year Est. Return

Dodge & Cox San Francisco, California $182B AUM 14.68% 1-Year Est. Return

Primecap Management Pasadena, California $127B AUM 44.11% 1-Year Est. Return

State Street Boston, Massachusetts $2.9T AUM 29.55% 1-Year Est. Return

Geode Capital Management Boston, Massachusetts $1.61T AUM 30.72% 1-Year Est. Return

Franklin Resources San Mateo, California $408B AUM 30.18% 1-Year Est. Return

Capital International Investors Los Angeles, California $427B AUM 29.17% 1-Year Est. Return

Invesco Atlanta, Georgia $1.02T AUM 30.18% 1-Year Est. Return

Morgan Stanley New York $1.66T AUM 25.57% 1-Year Est. Return

Empirical Capital Management's FDX Position: Q3 2025 in Review

Empirical Capital Management sold out of FedEx (FDX) in Q3 2025, closing a stake of 16,000 shares — an estimated $3.64M sold.

Empirical Capital Management first reported a position in FDX in Q1 2021 and held it in 13 quarters. The position peaked at $8.99M in Q2 2024. 1,680 funds tracked by Wall St. Rank hold FDX as of Q3 2025.

Empirical Capital Management reported no remaining FedEx position as of Q3 2025 after selling out during the quarter.
Empirical Capital Management sold 16,000 FedEx shares in Q3 2025, an estimated $3.64M.
Empirical Capital Management first reported a position in FedEx in Q1 2021 and held it in 13 quarters.
Empirical Capital Management's FedEx position peaked at $8.99M in Q2 2024.
1,680 funds tracked by Wall St. Rank held FedEx as of Q3 2025.

Based on Empirical Capital Management's 13F filing for Q3 2025, filed 9 Feb 2026.