FedEx
1,742 hedge funds and large institutions have $49B invested in FedEx in 2023 Q4 according to their latest regulatory filings, with 214 funds opening new positions, 627 increasing their positions, 620 reducing their positions, and 116 closing their positions.
84% more first-time investments, than exits
New positions opened: 214 | Existing positions closed: 116
4% more funds holding
Funds holding: 1,673 → 1,742 (+69)
1.48% more ownership
Funds ownership: 76.12% → 77.61% (+1.5%)
1% more repeat investments, than reductions
Existing positions increased: 627 | Existing positions reduced: 620
3% less capital invested
Capital invested by funds: $50.7B → $49B (-$1.74B)
16% less call options, than puts
Call options by funds: $2.01B | Put options by funds: $2.39B
45% less funds holding in top 10
Funds holding in top 10: 69 → 38 (-31)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$946M |
| 2 |
Capital International Investors
Los Angeles,
California
|
+$224M |
| 3 |
PI
Putnam Investments
Boston,
Massachusetts
|
+$203M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$155M |
| 5 |
State Street
Boston,
Massachusetts
|
+$142M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$332M |
| 2 |
DZ Bank
Frankfurt Am Main,
Germany
|
-$229M |
| 3 |
Dodge & Cox
San Francisco,
California
|
-$228M |
| 4 |
Jacobs Levy Equity Management
Florham Park,
New Jersey
|
-$188M |
| 5 |
BlackRock
New York
|
-$181M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
RW
1851
RVW Wealth
Los Angeles,
California
| – | -$40K | -151 | Closed |
|
1852
EARNEST Partners
Atlanta,
Georgia
| – | -$36K | -136 | Closed |
|
|
RCG
1853
Rock Creek Group
Washington,
District of Columbia
| – | -$35.5K | -134 | Closed |
|
|
MS
1854
Mizuho Securities
Tokyo,
Japan
| – | -$34.4K | -130 | Closed |
|
1855
Legacy Financial Group (Iowa)
Des Moines,
Iowa
| – | -$23.8K | -90 | Closed |
|
|
CCP
1856
Carmel Capital Partners
San Diego,
California
| – | -$8.21K | -31 | Closed |
|
|
MIM
1857
Macroview Investment Management
Bethesda,
Maryland
| – | -$5.03K | -19 | Closed |
|
|
ICM
1858
Intrepid Capital Management
Jacksonville Beach,
Florida
| – | -$4.24K | -16 | Closed |
|
|
AWM
1859
Atticus Wealth Management
Palm Beach Gardens,
Florida
| – | -$2.38K | -9 | Closed |
|
|
TIM
1860
Tortoise Investment Management
White Plains,
New York
| – | -$795 | -3 | Closed |
|
FDX Hedge Fund Activity: Q4 2023 in Review
1,742 of the 6,860 institutional investors tracked by Wall St. Rank reported a position in FedEx (FDX) for Q4 2023, worth a combined $49B — down 3.4% from $50.7B a quarter earlier.
Buyers outnumbered sellers: 214 funds opened new FDX positions and 116 closed out — a net gain of 98 holders — while 627 added to existing stakes and 620 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $946M. The largest seller was Millennium Management, cutting an estimated $332M.
- 1,742 institutional investors held FedEx (FDX) as of Q4 2023, up from 1,673 in Q3 2023.
- Funds reported $49B of FedEx stock for Q4 2023, down 3.4% quarter-over-quarter.
- 214 funds opened new FedEx positions in Q4 2023 and 116 closed out, a net change of +98 holders.
- The largest FedEx buyer in Q4 2023 was Morgan Stanley, an estimated $946M added.
- The largest FedEx seller in Q4 2023 was Millennium Management, an estimated $332M sold.
Based on aggregated 13F filings for Q4 2023.