Ameriprise Financial Boosts FedEx Stake

Institutional investor increases holdings in shipping giant by 7.1% in Q3

Mar. 17, 2026 at 7:08am

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Ameriprise Financial Inc. raised its holdings in shares of FedEx Corporation (NYSE:FDX) by 7.1% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund now owns 1,426,235 shares of the shipping service provider's stock, worth $335,968,000.

Why it matters

This increase in Ameriprise's FedEx holdings signals continued institutional investor confidence in the shipping company's long-term prospects, despite recent market volatility. FedEx is a bellwether for the broader economy, so Ameriprise's increased stake could indicate optimism about economic conditions.

The details

Ameriprise Financial purchased an additional 94,184 shares of FedEx stock during the third quarter. This brings the firm's total ownership stake in FedEx to 0.60% of the company's outstanding shares. The purchase was part of Ameriprise's broader strategy to increase exposure to logistics and transportation companies expected to benefit from continued e-commerce growth.

  • Ameriprise Financial increased its FedEx holdings in the third quarter of 2026.

The players

Ameriprise Financial Inc.

A diversified financial services firm that provides wealth management, asset management, and insurance products and services.

FedEx Corporation

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

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The takeaway

Ameriprise's increased investment in FedEx signals continued institutional confidence in the shipping company's ability to capitalize on e-commerce growth and broader economic trends. This could be a positive sign for FedEx's future performance.