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Washington Today
By the People, for the People
Korea Investment CORP Boosts Stake in Expeditors International of Washington
The investment firm increased its position in the transportation company by 28% in the third quarter.
Mar. 12, 2026 at 9:51am
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According to a recent 13F filing, Korea Investment CORP increased its stake in Expeditors International of Washington, Inc. (NASDAQ:EXPD) by 28% during the third quarter. The firm now owns 67,908 shares of the transportation company's stock, worth approximately $8.3 million.
Why it matters
Expeditors International is a major global logistics and freight forwarding company, and changes in institutional ownership can provide insights into market sentiment around the stock. Korea Investment CORP's increased stake suggests confidence in the company's performance and future prospects.
The details
Korea Investment CORP bought an additional 14,855 shares of Expeditors International during the third quarter, bringing its total position to 67,908 shares. This represents about 0.05% of the transportation company's outstanding stock. The investment firm cited Expeditors International's strong financial performance and growth potential as reasons for the increased stake.
- Korea Investment CORP filed the 13F report disclosing the stake increase on March 12, 2026.
- The stake increase occurred during the third quarter of the previous year.
The players
Korea Investment CORP
A major South Korean sovereign wealth fund that invests in a variety of asset classes globally.
Expeditors International of Washington, Inc.
A global logistics and freight forwarding company headquartered in Seattle, Washington.
The takeaway
Korea Investment CORP's increased stake in Expeditors International suggests the investment firm sees strong growth potential in the transportation and logistics sector, particularly for a well-established player like Expeditors International.
