SecurityFDX / FedEx Corp.
InstitutionInterval Partners, LP
Shares0
Value $ 0
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

Interval Partners, LP closes position in FDX / FedEx Corp.

August 14, 2018 - Interval Partners, LP has filed a 13F-HR form disclosing ownership of 0 shares of FedEx Corp. (NYSE:FDX) with total holdings valued at $0 USD as of June 30, 2018. Interval Partners, LP had filed a previous 13F-HR on May 15, 2018 disclosing 32,128 shares of FedEx Corp. at a value of $7,714,000 USD. This represents a change in shares of -100.00 percent and a change in value of -100.00 percent during the quarter.

Interval Partners, LP has a history of taking positions in derivatives of the underlying security (FDX) in the form of stock options. The firm currently holds 0 call options valued at $0 USD and 0 put options valued at $0 USD .

Other investors with closed positions include Basswood Capital Management, L.l.c., Luminus Management Llc, Wexford Capital Lp, Ancora Advisors, LLC, and Ing Groep Nv.

FedEx Corp. has declared a standard industrial code (sic) of 4513 which is the "Air Courier Services" industry. Interval Partners, LP's top industries are "Textile Mill Products" (sic 22), "Railroad Transportation" (sic 40), and "Motion Pictures and Film" (sic 78).

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 0 -100.00 0 -100.00 0 0
2018-03-31 13F-HR FEDEX COM 31428X106 244.82 32,128 -78.87 7,714 -79.67 -29,368 -869 -2.29
2017-12-31 13F-HR FEDEX COM 31428X106 152,084 37,951 37,951 0
2017-09-30 13F-HR FEDEX COM 31428X106 0 -100.00 0 -100.00 0 0
2017-06-30 13F-HR FEDEX COM 31428X106 206.25 17,377 -92.29 3,777 -91.41 -42,880 2,694 6.13
2017-03-31 13F-HR FEDEX COM 31428X106 225,279 43,963 43,963 0
2016-09-30 13F-HR FEDEX COM 31428X106 0 -100.00 0 -100.00 0 0
2016-06-30 13F-HR FEDEX COM 31428X106 157.25 124,308 -45.81 18,867 -49.45 -16,524 -1,935 -5.19
2016-03-31 13F-HR FEDEX COM 31428X106 229,387 0.00 37,326 37,326 0
2015-03-31 13F-HR FEDEX COM 31428X106 0 -100.00 0 -100.00 0 0
2014-12-31 13F-HR FEDEX COM 31428X106 67,000 11,635

Call Options

Effective
Date
Form Security Class CUSIP Opt Share
Price
Shares Change
(%)
Value
(x1000)
Change
(%)
Cost
(x1000)
Profit
(x1000)
Return
(%)
2017-09-30 13F-HR FEDEX COM 31428X106 Call 0 -100.00 0 -100.00 0 0
2017-06-30 13F-HR FEDEX COM 31428X106 Call 100,000 21,733

Put Options

Effective
Date
Form Security Class CUSIP Opt Share
Price
Shares Change
(%)
Value
(x1000)
Change
(%)
Cost
(x1000)
Profit
(x1000)
Return
(%)
2018-06-30 13F-HR FEDEX COM 31428X106 Put 0 -100.00 0 -100.00 0 0
2018-03-31 13F-HR FEDEX COM 31428X106 Put 30,000 7,203 7,203 0 0.00


CUSIP: 31428X106