SecurityFDX / FedEx Corp.
InstitutionCubic Asset Management, LLC
Shares29,976
Value $ 6,806,000
Related 31428XAS5 / Fedex Corp 2.625% 08/01/22
31428XAT3 / Fedex Corp 3.875% 08/01/42
31428XAQ9 / Fedex Corp 7.375% Senior Notes 01/15/14
31428XAR7 / Fedex Corp 8.0% Senior Notes 01/15/19
313309AP1 / Fedex Corporation 7.6% Notes 07/01/97

Cubic Asset Management, LLC reports 2.12% decrease in ownership of FDX / FedEx Corp.

July 25, 2018 - Cubic Asset Management, LLC has filed a 13F-HR form disclosing ownership of 29,976 shares of FedEx Corp. (NYSE:FDX) with total holdings valued at $6,806,000 USD as of June 30, 2018. Cubic Asset Management, LLC had filed a previous 13F-HR on April 24, 2018 disclosing 30,625 shares of FedEx Corp. at a value of $7,353,000 USD. This represents a change in shares of -2.12 percent and a change in value of -7.44 percent during the quarter.

Other investors with positions similar to Cubic Asset Management, LLC include Garnet Equity Capital Holdings, Inc., Nissay Asset Management Corp /japan/ /adv, Bridgecreek Investment Management, LLC, Commonwealth Bank Of Australia, Shell Asset Management Co, and West Coast Financial LLC.

FedEx Corp. has declared a standard industrial code (sic) of 4513 which is the "Air Courier Services" industry. Cubic Asset Management, LLC's top industries are "Railroad Transportation" (sic 40), "General Merchandise Stores" (sic 53), and "Wholesale Trade-non-durable Goods" (sic 51).

13F Filings

The Security, Class, and CUSIP columns in the table below are shown exactly as filed by the investor. We do our best to track continuity of investments through acquisitions, and this will be reflected in the table as changes in names and cusips.

In addition to descriptive data, performance of the investment is shown over time. To calculate quarterly performance, we first calculate cost basis of the shares purchased during the quarter, then use that to calculate gross profit. Quarterly return is Gross Profit / Starting Portfolio value.

Note that cost basis is calculated and stored in thousands, so small quarterly changes in shares frequently result in a cost basis of zero.

Effective
Date
Form Security Class CUSIP Share
Price
Shares Change
(%)
Value
(x1000)
Change
(%)
Cost
(x1000)
Profit
(x1000)
Return
(%)
2018-06-30 13F-HR FEDEX COM 31428X106 233.57 29,976 -2.12 6,806 -7.44 -152 -395 -5.38
2018-03-31 13F-HR FEDEX COM 31428X106 244.82 30,625 -0.87 7,353 -4.62 -66 -290 -3.77
2017-12-31 13F-HR FEDEX COM 31428X106 237.57 30,893 1.55 7,709 12.33 112 734 10.70
2017-09-30 13F-HR FEDEX COM 31428X106 221.47 30,422 -1.02 6,863 2.74 -69 252 3.78
2017-06-30 13F-HR FEDEX COM 31428X106 206.24 30,735 -0.32 6,680 11.02 -21 684 11.36
2017-03-31 13F-HR FEDEX COM 31428X106 190.67 30,835 -0.16 6,017 4.63 -10 276 4.79
2016-12-31 13F-HR FEDEX COM 31428X106 180.44 30,885 11.00 5,751 18.33 552 339 6.97
2016-09-30 13F-HR FEDEX COM 31428X106 163.22 27,825 1.44 4,860 16.74 64 633 15.19
2016-06-30 13F-HR FEDEX COM 31428X106 157.24 27,430 -1.35 4,163 -7.98 -59 -302 -6.68
2016-03-31 13F-HR FEDEX COM 31428X106 155.85 27,805 -1.19 4,524 7.89 -52 383 9.14
2015-12-31 13F-HR FEDEX COM 31428X106 146.50 28,140 -2.48 4,193 0.91 -105 143 3.44
2015-09-30 13F-HR FEDEX COM 31428X106 157.19 28,855 -0.31 4,155 -15.75 -14 -763 -15.47
2015-06-30 13F-HR FEDEX COM 31428X106 167.92 28,945 -1.78 4,932 1.15 -88 144 2.96
2015-03-31 13F-HR FEDEX COM 31428X106 29,470 0.00 4,876 4,876 0
2014-12-31 13F-HR FEDEX COM 31428X106 0 -100.00 0 -100.00 0 0
2014-09-30 13F-HR FEDEX COM 31428X106 156.40 30,030 -0.99 4,848 5.60 -47 304 6.62
2014-06-30 13F-HR FEDEX COM 31428X106 30,330 4,591

Related SEC Filings

FDX / FedEx Corp. / SMITH FREDERICK W - SC 13G/A (Passive Investment)

2018-02-12 sec.gov
SC 13G/A     SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549     SCHEDULE 13G (Rule 13d-102) INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT TO §240.13d-1(b), (c) and (d) AND AMENDMENTS THERETO FILED PURSUANT TO §240.13d-2 UNDER THE SECURITIES EXCHANGE ACT OF 1934 (Amendment No. 3)*     FedEx Corporation (Name of Issuer) Common Stock, par value $.10 per share (Title of Class of Securities) 31428X106 (CUSIP Number) December 31, 2017 (Date of Event which Requires Filing of this S

FDX / FedEx Corp. / SMITH FREDERICK W - SC 13G/A (Passive Investment)

2018-02-12 sec.gov
SC 13G/A     SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549     SCHEDULE 13G (Rule 13d-102) INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT TO §240.13d-1(b), (c) and (d) AND AMENDMENTS THERETO FILED PURSUANT TO §240.13d-2 UNDER THE SECURITIES EXCHANGE ACT OF 1934 (Amendment No. 3)*     FedEx Corporation (Name of Issuer) Common Stock, par value $.10 per share (Title of Class of Securities) 31428X106 (CUSIP Number) December 31, 2017 (Date of Event which Requires Filing of this S

FDX / FedEx Corp. / VANGUARD GROUP INC - 3G/A (Passive Investment)

2018-02-09 sec.gov
fedexcorp.htm - Generated by SEC Publisher for SEC Filing SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549   Schedule 13G   Under the Securities Exchange Act of 1934 (Amendment No.: 3 )*       Name of issuer:  FedEx Corp     Title of Class of Securities:  Common Stock     CUSIP Number:  31428X106     Date of Event Which Requires Filing of this Statement: December 31, 2017   Check the appropriate box to designate the rule pursuant to which this Schedule is filed:   (X) Rule 13d-1(b)   ( 

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CUSIP: 31428X106