Alight Capital Management Reduces FedEx Stake

Hedge fund cuts holdings in shipping giant by 45% in Q3

Mar. 15, 2026 at 7:23am

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Alight Capital Management LP, a hedge fund, decreased its stake in FedEx Corporation (NYSE:FDX) by 45% during the third quarter, according to a recent SEC filing. The firm now owns 11,000 shares of the shipping service provider's stock, down from 20,000 shares previously.

Why it matters

FedEx is one of the world's largest logistics and courier companies, so changes in major institutional investors' holdings can provide insight into market sentiment around the stock. Alight Capital's decision to significantly reduce its FedEx position may signal broader concerns about the company's outlook or the broader shipping industry.

The details

According to the SEC filing, Alight Capital Management sold 9,000 FedEx shares during the third quarter, leaving it with a position of 11,000 shares valued at $2.59 million as of the end of the period. The filing does not provide a reason for the hedge fund's decision to trim its FedEx holdings.

  • Alight Capital Management filed its Q3 2026 13F report with the SEC on March 15, 2026.

The players

Alight Capital Management LP

A hedge fund that has reduced its stake in FedEx Corporation.

FedEx Corporation

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

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The takeaway

Alight Capital Management's decision to significantly reduce its FedEx holdings could signal broader concerns about the shipping industry's outlook, though the specific reasons behind the move are unclear. Investors will likely watch to see if other major institutional investors follow suit in trimming their FedEx positions.