FedEx Shares Sold by TD Asset Management Inc

Institutional investor trims stake in shipping giant

Mar. 3, 2026 at 12:15am

Got story updates? Submit your updates here. ›

TD Asset Management Inc. has reduced its position in FedEx Corporation (NYSE:FDX) by 18.9% in the third quarter, according to a recent SEC filing. The firm now owns 86,015 shares of the shipping service provider's stock, valued at $20,283,000 as of the end of the quarter.

Why it matters

FedEx is one of the world's largest logistics and courier companies, so changes in institutional ownership of its stock can provide insights into broader market trends and investor sentiment around the company and the shipping industry.

The details

According to the SEC filing, TD Asset Management sold 20,060 shares of FedEx stock during the third quarter. The firm now holds a total of 86,015 FedEx shares, down from 106,075 shares in the previous quarter. FedEx's stock price has seen significant volatility in recent months, with shares trading between a 52-week low of $194.29 and a high of $392.86.

  • The SEC filing covers the third quarter of 2026.
  • TD Asset Management sold the FedEx shares during that quarter.

The players

TD Asset Management Inc.

A Canadian investment management firm that has reduced its stake in FedEx Corporation.

FedEx Corporation

A global logistics and courier company headquartered in Memphis, Tennessee.

Got photos? Submit your photos here. ›

The takeaway

The reduction in TD Asset Management's FedEx holdings reflects broader market volatility and uncertainty around the shipping industry, but FedEx remains a major player with a diversified portfolio of transportation and logistics services.