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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.

New
Increased
Maintained
Reduced
Closed

84% more first-time investments, than exits

New positions opened: 214 | Existing positions closed: 116

4% more funds holding

Funds holding: 1,6731,742 (+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: 6938 (-31)

Holders
1,742
Holders Change
+69
Holders Change %
+4.12%
% of All Funds
25.39%
Holding in Top 10
38
Holding in Top 10 Change
-31
Holding in Top 10 Change %
-44.93%
% of All Funds
0.55%
New
214
Increased
627
Reduced
620
Closed
116
Calls
$2.01B
Puts
$2.39B
Net Calls
-$381M
Net Calls Change
-$218M
Name Holding Trade Value Shares
Change
Change in
Stake
Vanguard Group
1
Vanguard Group
Pennsylvania
$4.76B +$21.1M +82,994 +0.4%
BlackRock
2
BlackRock
New York
$3.92B -$181M -710,623 -4%
Dodge & Cox
3
Dodge & Cox
California
$3.43B -$228M -898,431 -6%
Primecap Management
4
Primecap Management
California
$3.26B -$44.4M -174,800 -1%
State Street
5
State Street
Massachusetts
$2.45B +$142M +559,497 +6%
Morgan Stanley
6
Morgan Stanley
New York
$1.76B +$946M +3,725,561 +115%
Capital International Investors
7
Capital International Investors
California
$1.69B +$224M +880,894 +15%
Geode Capital Management
8
Geode Capital Management
Massachusetts
$1.12B +$27.9M +109,801 +3%
Fidelity Investments
9
Fidelity Investments
Massachusetts
$1.07B +$42.9M +169,028 +4%
JP Morgan Chase
10
JP Morgan Chase
New York
$975M +$64.8M +255,232 +7%
Invesco
11
Invesco
Georgia
$752M -$7.82M -30,794 -1%
PI
12
Putnam Investments
Massachusetts
$732M +$203M +798,084 +38%
Norges Bank
13
Norges Bank
Norway
$700M +$30.4M +119,655 +5%
Bank of New York Mellon
14
Bank of New York Mellon
New York
$676M +$27.5M +108,433 +4%
Northern Trust
15
Northern Trust
Illinois
$578M -$17.8M -69,897 -3%
Dimensional Fund Advisors
16
Dimensional Fund Advisors
Texas
$513M +$878K +3,457 +0.2%
MMA
17
Mizuho Markets Americas
New York
$492M +$17.6M +69,102 +4%
Bank of America
18
Bank of America
North Carolina
$459M +$14.2M +55,863 +3%
Legal & General Group
19
Legal & General Group
United Kingdom
$409M +$11.8M +46,523 +3%
Hotchkis & Wiley Capital Management
20
Hotchkis & Wiley Capital Management
California
$406M -$23.9M -94,033 -6%
Mawer Investment Management
21
Mawer Investment Management
Alberta, Canada
$398M +$21M +82,798 +6%
Gates Foundation Trust
22
Gates Foundation Trust
Washington
$388M
Ameriprise
23
Ameriprise
Minnesota
$384M +$130M +511,128 +51%
LSV Asset Management
24
LSV Asset Management
Illinois
$372M +$2.93M +11,550 +0.8%
Royal Bank of Canada
25
Royal Bank of Canada
Ontario, Canada
$361M +$55.7M +219,187 +18%

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.