Victory Capital Reduces Stake in Expeditors International

Institutional investor lowers position in transportation company by 3.4% in Q3

Published on Mar. 8, 2026

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Victory Capital Management Inc. lowered its position in shares of Expeditors International of Washington, Inc. (NASDAQ:EXPD) by 3.4% in the 3rd quarter, according to the company's recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 308,494 shares of the transportation company's stock, valued at $37.8 million, after selling 10,820 shares during the period.

Why it matters

Expeditors International is a major global logistics and freight forwarding company, so changes in institutional ownership can signal shifts in market sentiment around the stock and the broader transportation industry.

The details

Victory Capital Management, an investment management firm, reduced its stake in Expeditors International in the third quarter of 2026. The firm sold 10,820 shares, lowering its total position to 308,494 shares worth $37.8 million, or 0.23% of the company's outstanding stock.

  • Victory Capital Management filed its Q3 2026 13F report in early March 2026.

The players

Victory Capital Management Inc.

An investment management firm that lowered its position in Expeditors International of Washington.

Expeditors International of Washington, Inc.

A global logistics and freight forwarding company headquartered in Seattle, Washington.

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The takeaway

This filing indicates that a major institutional investor has reduced its stake in Expeditors International, potentially signaling a shift in market sentiment around the transportation company's stock. Investors will likely monitor any further changes in institutional ownership of EXPD shares.