Expeditors International of Washington Stock Position Increased by Investment Firm

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Camrose Capital Investment Partners LLP, an institutional investor, increased its holdings in shares of Expeditors International of Washington, Inc. (NASDAQ:EXPD) by 6.4% during the third quarter, according to a recent SEC filing. The firm now owns 348,433 shares of the transportation company's stock, making it one of Expeditors' largest shareholders.

Why it matters

Expeditors International is a major global logistics and freight forwarding company, so changes in its institutional ownership can signal broader trends in the transportation and logistics industry. The increase in Camrose Capital's stake suggests the investment firm sees value in Expeditors' business model and growth prospects.

The details

According to the SEC filing, Camrose Capital Investment Partners LLP purchased an additional 21,100 shares of Expeditors International during the third quarter, bringing its total position to 348,433 shares. This represents about 0.26% of Expeditors' outstanding stock and makes the investment firm's holding the company's 6th largest.

• Camrose Capital increased its Expeditors International stake during the third quarter of 2022.