FedEx
759 hedge funds and large institutions have $29B invested in FedEx in 2013 Q3 according to their latest regulatory filings, with 84 funds opening new positions, 224 increasing their positions, 324 reducing their positions, and 57 closing their positions.
60% more funds holding in top 10
Funds holding in top 10: 15 → 24 (+9)
47% more first-time investments, than exits
New positions opened: 84 | Existing positions closed: 57
17% more capital invested
Capital invested by funds: $24.7B → $29B (+$4.24B)
3% more funds holding
Funds holding: 738 → 759 (+21)
1.54% more ownership
Funds ownership: 78.56% → 80.1% (+1.5%)
13% less call options, than puts
Call options by funds: $703M | Put options by funds: $812M
31% less repeat investments, than reductions
Existing positions increased: 224 | Existing positions reduced: 324
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TP
Third Point
New York
|
+$216M |
| 2 |
PC
PointState Capital
New York
|
+$178M |
| 3 |
SFM
Soros Fund Management
New York
|
+$164M |
| 4 |
Dodge & Cox
San Francisco,
California
|
+$140M |
| 5 |
EC
Eminence Capital
New York
|
+$137M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MAM
Marketfield Asset Management
New York
|
-$115M |
| 2 |
Prudential Financial
Newark,
New Jersey
|
-$113M |
| 3 |
Mackenzie Financial
Toronto Ontario,
Ontario, Canada
|
-$108M |
| 4 |
SAM
Southeastern Asset Management
Memphis,
Tennessee
|
-$80.3M |
| 5 |
Jennison Associates
New York
|
-$72.2M |
FDX Hedge Fund Activity: Q3 2013 in Review
759 of the 3,084 institutional investors tracked by Wall St. Rank reported a position in FedEx (FDX) for Q3 2013, worth a combined $29B — up 17% from $24.7B a quarter earlier.
Buyers outnumbered sellers: 84 funds opened new FDX positions and 57 closed out — a net gain of 27 holders — while 224 added to existing stakes and 324 trimmed.
The largest buyer was Third Point, opening a new position worth an estimated $216M. The largest seller was Marketfield Asset Management, cutting an estimated $115M.
- 759 institutional investors held FedEx (FDX) as of Q3 2013, up from 738 in Q2 2013.
- Funds reported $29B of FedEx stock for Q3 2013, up 17% quarter-over-quarter.
- 84 funds opened new FedEx positions in Q3 2013 and 57 closed out, a net change of +27 holders.
- The largest FedEx buyer in Q3 2013 was Third Point, an estimated $216M added.
- The largest FedEx seller in Q3 2013 was Marketfield Asset Management, an estimated $115M sold.
Based on aggregated 13F filings for Q3 2013.