Highfields Capital Management’s FedEx FDX Stock Holding History

Highfields 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
2018 Q3	–	Sell	-1,093,670	Closed	-$248M	–	53
2018 Q2	$248M	Sell	1,093,670 -505,844	-32%	-$125M	2.73%	9
2018 Q1	$384M	Hold	1,599,514	–	–	3.48%	10
2017 Q4	$399M	Sell	1,599,514 -2,191,863	-58%	-$501M	3.32%	10
2017 Q3	$855M	Buy	3,791,377 +758,400	+25%	+$161M	7.37%	1
2017 Q2	$659M	Buy	3,032,977 +214,902	+8%	+$42.4M	4.88%	5
2017 Q1	$550M	Buy	2,818,075 +1,196,690	+74%	+$229M	5.1%	6
2016 Q4	$302M	Buy	+1,621,385	New	+$298M	2.5%	11
2014 Q1	–	Sell	-1,592,700	Closed	-$229M	–	85
2013 Q4	$229M	Hold	1,592,700	–	–	1.86%	17
2013 Q3	$182M	Buy	1,592,700 +1,092,700	+219%	+$118M	1.44%	21
2013 Q2	$49.3M	Buy	+500,000	New	+$48.5M	0.41%	61

Other funds holding FDX

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

BlackRock New York $6.73T AUM 46.02% 1-Year Est. Return

Primecap Management Pasadena, California $169B AUM 114.72% 1-Year Est. Return

Dodge & Cox San Francisco, California $191B AUM 17.5% 1-Year Est. Return

State Street Boston, Massachusetts $3.37T AUM 44.26% 1-Year Est. Return

Bank of America Charlotte, North Carolina $1.55T AUM 33.47% 1-Year Est. Return

Canada Pension Plan Investment Board Toronto Ontario, Ontario, Canada $181B AUM 41.77% 1-Year Est. Return

Fidelity Investments Boston, Massachusetts $2.3T AUM 54.33% 1-Year Est. Return

Gates Foundation Trust Kirkland, Washington $34.4B AUM 26.34% 1-Year Est. Return

Northern Trust Chicago, Illinois $860B AUM 41.15% 1-Year Est. Return

Highfields Capital Management's FDX Position: Q3 2018 in Review

Highfields Capital Management sold out of FedEx (FDX) in Q3 2018, closing a stake of 1,093,670 shares — an estimated $248M sold.

Highfields Capital Management first reported a position in FDX in Q2 2013 and held it in 10 quarters. The position peaked at $855M in Q3 2017. 1,426 funds tracked by Wall St. Rank hold FDX as of Q3 2018.

Highfields Capital Management reported no remaining FedEx position as of Q3 2018 after selling out during the quarter.
Highfields Capital Management sold 1,093,670 FedEx shares in Q3 2018, an estimated $248M.
Highfields Capital Management first reported a position in FedEx in Q2 2013 and held it in 10 quarters.
Highfields Capital Management's FedEx position peaked at $855M in Q3 2017.
1,426 funds tracked by Wall St. Rank held FedEx as of Q3 2018.

Based on Highfields Capital Management's 13F filing for Q3 2018, filed 14 Nov 2018.