Andra AP fonden Trims FedEx Corporation Stock Holdings

Hedge fund reduces stake in shipping giant by over 38% in third quarter

Feb. 28, 2026 at 8:35am

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Andra AP fonden, a Swedish pension fund, has reduced its holdings in FedEx Corporation (NYSE:FDX) by 38.1% in the third quarter of 2026, according to a recent 13F filing with the SEC. The fund now owns 56,700 shares of the shipping service provider's stock, down from 91,600 shares previously.

Why it matters

FedEx is a major global logistics and courier company, so changes in institutional ownership of its stock can provide insights into market sentiment and expectations around the company's performance. Andra AP fonden's decision to trim its FedEx position may signal broader concerns about the shipping industry's outlook.

The details

According to the 13F filing, Andra AP fonden sold 34,900 shares of FedEx stock during the third quarter. The fund's remaining 56,700 shares were valued at $13,370,000 at the end of the reporting period. The filing does not provide specific reasons for the hedge fund's decision to reduce its FedEx holdings.

  • Andra AP fonden filed its 13F report for the third quarter of 2026 on February 28, 2026.

The players

Andra AP fonden

A Swedish national pension fund that invests in a variety of asset classes, including publicly traded stocks.

FedEx Corporation

A global logistics and courier company headquartered in Memphis, Tennessee, providing express parcel delivery, freight, and supply chain management services.

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The takeaway

Andra AP fonden's decision to reduce its FedEx holdings by over a third could signal broader concerns about the shipping industry's outlook, though the specific reasons for the move are not clear from the 13F filing. Investors will likely continue to monitor institutional ownership changes and analyst commentary around FedEx as an indicator of market sentiment towards the company.