SecurityFDX / FedEx Corp.
InstitutionMassey, Quick & Co., LLC
Shares1,247
Value $ 299,000
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

Massey, Quick & Co., LLC reports 135.73% increase in ownership of FDX / FedEx Corp.

May 07, 2018 - Massey, Quick & Co., LLC has filed a 13F-HR form disclosing ownership of 1,247 shares of FedEx Corp. (NYSE:FDX) with total holdings valued at $299,000 USD as of March 31, 2018. Massey, Quick & Co., LLC had filed a previous 13F-HR/A on April 10, 2018 disclosing 529 shares of FedEx Corp. at a value of $139,000 USD. This represents a change in shares of 135.73 percent and a change in value of 115.11 percent during the quarter.

Other investors with positions similar to Massey, Quick & Co., LLC include Barr E S & Co, Terra Nova Asset Management LLC, Family Legacy, Inc., Smith, Moore & Co., Fintrust Investment Advisory Services, Llc, and Beese Fulmer Investment Management, Inc..

FedEx Corp. has declared a standard industrial code (sic) of 4513 which is the "Air Courier Services" industry. Massey, Quick & Co., LLC's top industries are "Heavy Construction Other Than Building Construction Contractors" (sic 16), "Construction Special Trade Contractors" (sic 17), and "Fabricated Metal Products, Except Machinery And Transportation Equipment" (sic 34).

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
(%)
2018-03-31 13F-HR FEDEX CORP COM COM 31428X106 251.27 1,247 135.73 299 115.11 180 -20 -14.68
2017-12-31 13F-HR/A-1 FedEx COM 31428X106 243.78 529 -12.56 139 2.21 -19 22 15.83
2017-12-31 13F-HR FedEx COM 31428X106 529 139
2017-09-30 13F-HR FedEx COM 31428X106 605 136


CUSIP: 31428X106