FedEx
1,378 hedge funds and large institutions have $50B invested in FedEx in 2017 Q4 according to their latest regulatory filings, with 215 funds opening new positions, 490 increasing their positions, 437 reducing their positions, and 53 closing their positions.
306% more first-time investments, than exits
New positions opened: 215 | Existing positions closed: 53
38% more funds holding in top 10
Funds holding in top 10: 63 → 87 (+24)
12% more funds holding
Funds holding: 1,226 → 1,378 (+152)
12% more repeat investments, than reductions
Existing positions increased: 490 | Existing positions reduced: 437
8% more capital invested
Capital invested by funds: $46.2B → $50B (+$3.83B)
1.53% less ownership
Funds ownership: 76.35% → 74.82% (-1.5%)
48% less call options, than puts
Call options by funds: $652M | Put options by funds: $1.25B
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jennison Associates
New York
|
+$271M |
| 2 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
+$139M |
| 3 |
HCM
Hitchwood Capital Management
New York
|
+$120M |
| 4 |
FAM
Fred Alger Management
New York
|
+$114M |
| 5 |
GCM
Glenview Capital Management
New York
|
+$91.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
-$692M |
| 2 |
HCM
Highfields Capital Management
Boston,
Massachusetts
|
-$501M |
| 3 |
Renaissance Technologies
New York
|
-$213M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
-$139M |
| 5 |
SAM
Southeastern Asset Management
Memphis,
Tennessee
|
-$137M |
FDX Hedge Fund Activity: Q4 2017 in Review
1,378 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in FedEx (FDX) for Q4 2017, worth a combined $50B — up 8.3% from $46.2B a quarter earlier.
Buyers outnumbered sellers: 215 funds opened new FDX positions and 53 closed out — a net gain of 162 holders — while 490 added to existing stakes and 437 trimmed.
The largest buyer was Jennison Associates, adding an estimated $271M. The largest seller was Wellington Management Group, cutting an estimated $692M.
- 1,378 institutional investors held FedEx (FDX) as of Q4 2017, up from 1,226 in Q3 2017.
- Funds reported $50B of FedEx stock for Q4 2017, up 8.3% quarter-over-quarter.
- 215 funds opened new FedEx positions in Q4 2017 and 53 closed out, a net change of +162 holders.
- The largest FedEx buyer in Q4 2017 was Jennison Associates, an estimated $271M added.
- The largest FedEx seller in Q4 2017 was Wellington Management Group, an estimated $692M sold.
Based on aggregated 13F filings for Q4 2017.