SecurityFDX / FedEx Corp.
InstitutionHighland Capital Management, Llc
Shares54,248
Value $ 12,318,000
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

Highland Capital Management, Llc reports 0.24% increase in ownership of FDX / FedEx Corp.

July 18, 2018 - Highland Capital Management, Llc has filed a 13F-HR form disclosing ownership of 54,248 shares of FedEx Corp. (NYSE:FDX) with total holdings valued at $12,318,000 USD as of June 30, 2018. Highland Capital Management, Llc had filed a previous 13F-HR on April 16, 2018 disclosing 54,116 shares of FedEx Corp. at a value of $12,994,000 USD. This represents a change in shares of 0.24 percent and a change in value of -5.20 percent during the quarter.

Other investors with positions similar to Highland Capital Management, Llc include Eastern Bank, Huntington National Bank, Randolph Co Inc, Suffolk Capital Management Llc, Lee Danner & Bass Inc, and Mutual of America Capital Management LLC.

FedEx Corp. has declared a standard industrial code (sic) of 4513 which is the "Air Courier Services" industry. Highland Capital Management, Llc's top industries are "Wholesale Trade-durable Goods" (sic 50), "Automotive Dealers And Gasoline Service Stations" (sic 55), and "Non-depository Credit Institutions" (sic 61).

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 233.59 54,248 0.24 12,318 -5.20 31 -707 -5.44
2018-03-31 13F-HR FEDEX COM 31428X106 244.82 54,116 2.26 12,994 -1.60 293 -504 -3.82
2017-12-31 13F-HR FEDEX COM 31428X106 237.56 52,919 1.48 13,205 12.25 183 1,258 10.69
2017-09-30 13F-HR FEDEX COM 31428X106 221.45 52,149 1.95 11,764 5.82 220 427 3.84
2017-06-30 13F-HR FEDEX COM 31428X106 206.23 51,154 -8.87 11,117 1.49 -1,027 1,190 10.86
2017-03-31 13F-HR FEDEX COM 31428X106 190.68 56,134 -4.00 10,954 0.61 -445 511 4.70
2016-12-31 13F-HR/A-1 FEDEX COM 31428X106 180.45 58,470 -7.56 10,888 -1.46 -863 702 6.35
2016-12-31 13F-HR FEDEX COM 31428X106 58,470 10,887
2016-09-30 13F-HR FEDEX COM 31428X106 163.23 63,250 1.27 11,049 16.56 130 1,440 15.20
2016-06-30 13F-HR FEDEX COM 31428X106 157.24 62,456 -2.86 9,479 -9.40 -289 -694 -6.63
2016-03-31 13F-HR FEDEX COM 31428X106 155.85 64,297 -0.57 10,462 8.59 -57 885 9.19
2015-12-31 13F-HR FEDEX COM 31428X106 146.48 64,663 19.53 9,634 23.69 1,548 297 3.82
2015-09-30 13F-HR FEDEX COM 31428X106 157.19 54,098 1.90 7,789 -13.90 159 -1,416 -15.65
2015-06-30 13F-HR FEDEX COM 31428X106 167.92 53,088 -5.67 9,046 -2.85 -536 271 2.91
2015-03-31 13F-HR FEDEX COM 31428X106 169.55 56,279 -1.10 9,311 -5.78 -106 -465 -4.71
2014-12-31 13F-HR FEDEX COM 31428X106 167.55 56,904 -5.13 9,882 2.04 -516 714 7.37
2014-09-30 13F-HR FEDEX COM 31428X106 156.41 59,984 -3.05 9,684 3.40 -295 613 6.54
2014-06-30 13F-HR FEDEX COM 31428X106 61,869 9,366


CUSIP: 31428X106