SecurityFDX / FedEx Corp.
InstitutionHowland Capital Management Llc
Shares1,423
Value $ 323,000
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

Howland Capital Management Llc reports 3.13% decrease in ownership of FDX / FedEx Corp.

July 23, 2018 - Howland Capital Management Llc has filed a 13F-HR form disclosing ownership of 1,423 shares of FedEx Corp. (NYSE:FDX) with total holdings valued at $323,000 USD as of June 30, 2018. Howland Capital Management Llc had filed a previous 13F-HR on May 02, 2018 disclosing 1,469 shares of FedEx Corp. at a value of $353,000 USD. This represents a change in shares of -3.13 percent and a change in value of -8.50 percent during the quarter.

Other investors with positions similar to Howland Capital Management Llc include Associated Banc-corp, Harvest Capital Management Inc, Migdal Insurance & Financial Holdings Ltd., RMB Capital Management, LLC, Trust Co Of Virginia /va, and Mission Wealth Management, Llc.

FedEx Corp. has declared a standard industrial code (sic) of 4513 which is the "Air Courier Services" industry. Howland Capital Management Llc's top industries are "Real Estate" (sic 65), "Health Services" (sic 80), and "Transportation By Air" (sic 45).

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 233.64 1,423 -3.13 323 -8.50 -11 -19 -5.45
2018-03-31 13F-HR FEDEX COM 31428X106 245.06 1,469 0.00 353 -3.81 0 -14 -3.81
2017-12-31 13F-HR FEDEX COM 31428X106 237.58 1,469 0.00 367 10.88 0 36 10.88
2017-09-30 13F-HR FEDEX COM 31428X106 221.24 1,469 0.00 331 3.76 0 12 3.76
2017-06-30 13F-HR FEDEX COM 31428X106 206.26 1,469 0.00 319 11.15 0 32 11.15
2017-03-31 13F-HR FedEx COM 31428X106 190.95 1,469 0.00 287 4.74 0 13 4.74
2016-12-31 13F-HR FedEx COM 31428X106 1,469 274


CUSIP: 31428X106