Capital Group Private Client Services Trims FedEx Holdings

The investment firm reduced its stake in the shipping giant by over 90% in the third quarter.

Mar. 11, 2026 at 8:24am

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According to a recent SEC filing, Capital Group Private Client Services Inc. trimmed its holdings in FedEx Corporation (NYSE:FDX) by 91.8% in the third quarter. The institutional investor now owns 16,364 shares of the shipping service provider's stock, worth $3.86 million as of the latest filing.

Why it matters

This move by a major institutional investor provides insight into shifting sentiment around FedEx as the company navigates industry challenges and evolving market conditions. The substantial reduction in holdings suggests Capital Group may have concerns about FedEx's near-term prospects.

The details

Capital Group Private Client Services Inc. sold 183,073 shares of FedEx stock during the third quarter, leaving it with a much smaller position of 16,364 shares. The filing indicates the firm's total holdings in FedEx were worth $3.86 million as of the end of the quarter.

  • Capital Group filed the SEC report detailing its reduced FedEx holdings on March 11, 2026.

The players

Capital Group Private Client Services Inc.

An institutional investment firm that manages assets on behalf of private clients.

FedEx Corporation

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

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The takeaway

This filing suggests Capital Group has grown more cautious on FedEx's near-term outlook, though the company remains a major player in the shipping and logistics industry. Investors will be watching to see if other institutional holders make similar moves in the coming quarters.