Physicians Financial Services, Inc. reports 4.99% decrease in ownership of FDX / FedEx Corp.
April 17, 2018 - Physicians Financial Services, Inc. has filed a 13F-HR form disclosing ownership of 6,660 shares of FedEx Corp. (NYSE:FDX) with total holdings valued at $1,564,000 USD as of March 31, 2018. Physicians Financial Services, Inc. had filed a previous 13F-HR on February 12, 2018 disclosing 7,010 shares of FedEx Corp. at a value of $1,749,000 USD. This represents a change in shares of -4.99 percent and a change in value of -10.58 percent during the quarter.
Other investors with positions similar to Physicians Financial Services, Inc. include Northern Capital Management Llc, Savant Capital, LLC, FIL Ltd, Kimelman & Baird, LLC, Cleararc Capital Inc, and Donald L. Hagan, LLC.
FedEx Corp. has declared a standard industrial code (sic) of 4513 which is the "Air Courier Services" industry. Physicians Financial Services, Inc.'s top industries are "Metal Mining" (sic 10), "Building Construction General Contractors And Operative Builders" (sic 15), and "Apparel And Other Finished Products Made From Fabrics And Similar Materials" (sic 23).
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.
as of ET