EXPEDITORS INTL WASH INC EXPD
COM · Common Stock · CUSIP 302130109 · ISIN US3021301094
American worldwide logistics and freight forwarding company
- SectorIndustrials
- IndustryArrangement of Transportation of Freight & Cargo
- HeadquartersBellevue, WA
- Founded1979
- Websiteexpeditors.com
- FilingsSEC EDGAR
* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once ($143.4m this quarter). Holder counts are more reliable. Shares outstanding: 140.0m as of 2024-11-01, from the company's own SEC filing; the percentage can still exceed 100%: lent-out shares are counted by the lender and the buyer, and some reports overlap without saying so. Implied quarter-end price ≈ $130.91. Options: 14 managers hold calls ($85.1m notional), 11 hold puts ($38.0m).
Trends to Q3 2024
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 710 |
| Q4 2022 | 752 |
| Q1 2023 | 770 |
| Q2 2023 | 798 |
| Q3 2023 | 774 |
| Q4 2023 | 825 |
| Q1 2024 | 808 |
| Q2 2024 | 812 |
| Q3 2024 | 823 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q4 2022 | 346 | 320 |
| Q1 2023 | 361 | 332 |
| Q2 2023 | 314 | 393 |
| Q3 2023 | 330 | 371 |
| Q4 2023 | 311 | 415 |
| Q1 2024 | 318 | 425 |
| Q2 2024 | 356 | 409 |
| Q3 2024 | 345 | 409 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q4 2023 | $19.4m | $26.0m | 1.34 |
| Q1 2024 | $19.3m | $19.1m | 0.99 |
| Q2 2024 | $63.9m | $77.6m | 1.21 |
| Q3 2024 | $85.1m | $38.0m | 0.45 |
Biggest buyers
| FIRST TRUST ADVISORS LP | Added | +1.5m |
| TWO SIGMA ADVISERS, LP | Added | +399.8k |
| JUPITER ASSET MANAGEMENT LTD | New | +399.8k |
| TWO SIGMA INVESTMENTS, LP | Added | +320.4k |
| Allspring Global Investments Holdings, LLC | Added | +308.4k |
| First Eagle Investment Management, LLC | Added | +306.1k |
| INTERNATIONAL ASSETS INVESTMENT MANAGEMENT, LLC | Added | +265.1k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC | Added | +257.8k |
| Assenagon Asset Management S.A. | Added | +256.3k |
| Qube Research & Technologies Ltd | Added | +252.7k |
Biggest sellers
| CITADEL ADVISORS LLC | Reduced | -1.8m |
| SCOPUS ASSET MANAGEMENT, L.P. | Sold out | -504.6k |
| JANE STREET GROUP, LLC | Reduced | -497.1k |
| WELLINGTON MANAGEMENT GROUP LLP | Reduced | -410.2k |
| HRT FINANCIAL LP | Reduced | -367.0k |
| Caisse de depot et placement du Quebec | Reduced | -270.2k |
| MILLENNIUM MANAGEMENT LLC | Reduced | -238.8k |
| STATE STREET CORP | Reduced | -227.0k |
| D. E. Shaw & Co., Inc. | Reduced | -211.8k |
| SCHRODER INVESTMENT MANAGEMENT GROUP | Reduced | -193.5k |
Biggest calls
| SCOPUS ASSET MANAGEMENT, L.P. | New | $26.3m200.0k shares |
| JANE STREET GROUP, LLC | Added | $18.8m143.0k shares |
| WELLS FARGO & COMPANY/MN | New | $15.7m119.7k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $6.8m51.6k shares |
| CITADEL ADVISORS LLC | Reduced | $6.4m48.8k shares |
| Walleye Trading LLC | Added | $6.0m45.4k shares |
| PEAK6 Investments LLC | Added | $2.0m15.0k shares |
| WOLVERINE TRADING, LLC | Reduced | $1.2m9.6k shares |
| SIMPLEX TRADING, LLC | Added | $1.0m7.8k shares |
| GTS SECURITIES LLC | New | $683.3k5.2k shares |
Biggest puts
| WELLS FARGO & COMPANY/MN | New | $14.6m111.0k shares |
| SIMPLEX TRADING, LLC | Added | $6.8m52.1k shares |
| Walleye Trading LLC | Added | $5.8m44.0k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $5.5m41.5k shares |
| CITADEL ADVISORS LLC | Reduced | $2.7m20.3k shares |
| WOLVERINE TRADING, LLC | Reduced | $1.3m9.9k shares |
| Walleye Capital LLC | New | $762.1k5.8k shares |
| SpiderRock Advisors, LLC | Reduced | $328.5k2.5k shares |
| GTS SECURITIES LLC | New | $262.8k2.0k shares |
| CAPSTONE INVESTMENT ADVISORS, LLC | Reduced | $78.8k600 shares |
Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.
Major shareholders (over 5%)
Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.
| Holder | Stake |
|---|---|
| BlackRock, Inc. 13G · institution filed 2025-04-24 | 8.8% |
| VANGUARD CAPITAL MANAGEMENT LLC 13G · institution new · filed 2026-04-29 | 7.5% |
| VANGUARD PORTFOLIO MANAGEMENT LLC 13G · institution new · filed 2026-04-29 | 5.0% |
Fell to 5% or below in the last year: VANGUARD GROUP INC (0.0%, 2026-03-26; now reported by VANGUARD CAPITAL MANAGEMENT LLC)
Insider purchases and sales in Q3 2024
Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.
Officers and directors buying vs selling
Number of people, by quarter (10% owners not included)
Numbers
| Quarter | Buying | Bought | Selling | Sold | Sold under a plan |
|---|---|---|---|---|---|
| Q4 2022 | 0 | — | 3 | $3.2m | — |
| Q1 2023 | 0 | — | 1 | $1.1m | — |
| Q2 2023 | 0 | — | 4 | $5.1m | — |
| Q3 2023 | 0 | — | 0 | — | — |
| Q4 2023 | 0 | — | 0 | — | — |
| Q1 2024 | 0 | — | 1 | $245.3k | — |
| Q2 2024 | 0 | — | 3 | $1.9m | — |
| Q3 2024 | 0 | — | 0 | — | — |
None reported in Q3 2024.
Holders, Q3 2024
| Manager | Shares | Change |
|---|---|---|
| VANGUARD GROUP INC 0.04% of their portfolio | 16.9m $2.2bn | Added +145.5k |
| BlackRock, Inc. 0.05% of their portfolio | 16.7m $2.2bn | First filing |
| STATE STREET CORP 0.04% of their portfolio | 7.2m $949.4m | Reduced -227.0k |
| LOOMIS SAYLES & CO L P 1.02% of their portfolio | 5.9m $780.3m | Reduced -184.9k |
| JPMORGAN CHASE & CO 0.02% of their portfolio | 3.5m $466.4m | Reduced -143.6k |
| GEODE CAPITAL MANAGEMENT, LLC 0.04% of their portfolio | 3.3m $436.7m | Reduced -7.2k |
| First Eagle Investment Management, LLC 0.83% of their portfolio | 3.1m $405.1m | Added +306.1k |
| Boston Partners 0.45% of their portfolio | 2.9m $384.6m | Added +33.3k |
| BANK OF AMERICA CORP /DE/ 0.03% of their portfolio | 2.6m $345.7m | Reduced -144.8k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.08% of their portfolio | 2.4m $315.5m | Added +257.8k |
| Invesco Ltd. 0.06% of their portfolio | 2.2m $292.8m | Added +252.4k |
| WELLINGTON MANAGEMENT GROUP LLP 0.05% of their portfolio | 2.2m $287.5m | Reduced -410.2k |
| FIRST TRUST ADVISORS LP 0.26% of their portfolio | 2.0m $268.6m | Added +1.5m |
| MORGAN STANLEY 0.02% of their portfolio | 1.9m $254.7m | Added +195.3k |
| NORTHERN TRUST CORP 0.04% of their portfolio | 1.9m $251.2m | Reduced -82.8k |
| MARSHFIELD ASSOCIATES 5.07% of their portfolio | 1.8m $238.9m | Added +6.9k |
| Baird Financial Group, Inc. 0.44% of their portfolio | 1.7m $226.3m | Added +25.4k |
| Amundi 0.07% of their portfolio | 1.4m $182.2m | Added +70.2k |
| ProShare Advisors LLC 0.46% of their portfolio | 1.4m $189.7m | Reduced -139.4k |
| Legal & General Group Plc 0.05% of their portfolio | 1.4m $180.9m | Added +10.3k |
| ROYAL BANK OF CANADA 0.04% of their portfolio | 1.4m $178.9m | Added +228.2k |
| DIMENSIONAL FUND ADVISORS LP 0.04% of their portfolio | 1.3m $170.8m | Added +21.0k |
| TD Asset Management Inc 0.13% of their portfolio | 1.2m $151.0m | Added +176.6k |
| PRINCIPAL FINANCIAL GROUP INC 0.08% of their portfolio | 1.2m $152.6m | Added +4.0k |
| Bank of New York Mellon Corp 0.02% of their portfolio | 930.3k $122.2m | Reduced -36.8k |
| 1832 Asset Management L.P. 0.19% of their portfolio | 852.9k $112.1m | Reduced -464 |
| ENVESTNET ASSET MANAGEMENT INC 0.04% of their portfolio | 833.9k $109.6m | Added +40.5k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.02% of their portfolio | 833.6k $109.5m | Added +51.3k |
| DekaBank Deutsche Girozentrale 0.19% of their portfolio | 803.8k $101.8m | Added +9.0k |
| Epoch Investment Partners, Inc. 0.47% of their portfolio | 790.5k $103.9m | Added +83.5k |
| GOLDMAN SACHS GROUP INC 0.02% of their portfolio | 752.3k $98.9m | Reduced -13.3k |
| Thrivent Financial for Lutherans 0.18% of their portfolio | 712.5k $93.6m | Reduced -47.3k |
| DEUTSCHE BANK AG\ 0.04% of their portfolio | 707.2k $92.9m | Added +67.1k |
| California Public Employees Retirement System 0.06% of their portfolio | 668.8k $87.9m | Reduced -44.3k |
| MILLENNIUM MANAGEMENT LLC 0.07% of their portfolio | 641.6k $84.3m | Reduced -238.8k |
| NATIXIS ADVISORS, LLC 0.16% of their portfolio | 629.0k $82.7m | Reduced -382 |
| HSBC HOLDINGS PLC 0.05% of their portfolio | 624.9k $82.1m | Added +7.0k |
| Aberdeen Group plc 0.15% of their portfolio | 622.7k $81.3m | Reduced -9.2k |
| FMR LLC 0.00% of their portfolio | 597.2k $78.5m | Reduced -14.4k |
| TWO SIGMA INVESTMENTS, LP 0.18% of their portfolio | 594.9k $78.2m | Added +320.4k |
| UBS Group AG 0.02% of their portfolio | 582.9k $76.6m | Added +214.1k |
| BARCLAYS PLC 0.03% of their portfolio | 571.5k $75.1m | Added +13.5k |
| NORDEA INVESTMENT MANAGEMENT AB 0.08% of their portfolio | 509.2k $66.7m | Added +157.4k |
| Nuveen Asset Management, LLC 0.02% of their portfolio | 483.7k $63.6m | Reduced -28.6k |
| COMPASS CAPITAL MANAGEMENT, INC 3.91% of their portfolio | 469.1k $61.6m | Reduced -608 |
| Madison Asset Management, LLC 0.69% of their portfolio | 465.9k $61.2m | Added +36.7k |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC 0.22% of their portfolio | 462.4k $60.8m | Added +245.7k |
| Boston Trust Walden Corp 0.42% of their portfolio | 455.2k $59.8m | Reduced -4.9k |
| Assenagon Asset Management S.A. 0.12% of their portfolio | 439.1k $57.7m | Added +256.3k |
| Artisan Partners Limited Partnership 0.09% of their portfolio | 437.8k $57.5m | Reduced -4.6k |
| SCHRODER INVESTMENT MANAGEMENT GROUP 0.06% of their portfolio | 433.4k $55.9m | Reduced -193.5k |
| TWO SIGMA ADVISERS, LP 0.13% of their portfolio | 426.5k $56.0m | Added +399.8k |
| Swiss National Bank 0.04% of their portfolio | 419.3k $55.1m | Reduced -6.8k |
| ROYAL LONDON ASSET MANAGEMENT LTD 0.14% of their portfolio | 419.2k $55.1m | Reduced -44.7k |
| NORGES BANK 0.01% of their portfolio | 414.1k $54.4m | Reduced -99.4k |
| Vest Financial, LLC 1.04% of their portfolio | 411.7k $54.1m | Added +13.7k |
| JUPITER ASSET MANAGEMENT LTD 0.46% of their portfolio | 399.8k $52.5m | New |
| ASSETMARK, INC 0.15% of their portfolio | 396.6k $52.1m | Reduced -1.1k |
| Sumitomo Mitsui Trust Group, Inc. 0.04% of their portfolio | 386.3k $50.8m | Reduced -1.5k |
| O'SHAUGHNESSY ASSET MANAGEMENT, LLC 0.41% of their portfolio | 376.3k $45.9m | Added +1.3k |
| Summit Trail Advisors, LLC 1.21% of their portfolio | 371.0k $48.7m | Added +301 |
| ANCHOR CAPITAL ADVISORS LLC 1.29% of their portfolio | 370.4k $48.7m | Reduced -8.3k |
| AMERIPRISE FINANCIAL INC 0.01% of their portfolio | 366.0k $48.1m | Reduced -129.4k |
| Tandem Investment Advisors, Inc. 1.80% of their portfolio | 361.7k $47.5m | Added +5.4k |
| Qube Research & Technologies Ltd 0.09% of their portfolio | 356.4k $46.8m | Added +252.7k |
| AXA S.A. 0.14% of their portfolio | 351.2k $46.2m | Reduced -81.3k |
| NOMURA ASSET MANAGEMENT CO LTD 0.14% of their portfolio | 347.0k $45.6m | Reduced -13.4k |
| Mitsubishi UFJ Trust & Banking Corp 0.10% of their portfolio | 330.9k $43.5m | Added +21.8k |
| BNP PARIBAS FINANCIAL MARKETS 0.04% of their portfolio | 323.8k $42.5m | Added +82.2k |
| Allspring Global Investments Holdings, LLC 0.07% of their portfolio | 321.9k $42.3m | Added +308.4k |
| AQR CAPITAL MANAGEMENT LLC 0.06% of their portfolio | 321.2k $42.0m | Added +127.6k |
| VICTORY CAPITAL MANAGEMENT INC 0.04% of their portfolio | 316.7k $41.6m | Added +5.4k |
| WELLS FARGO & COMPANY/MN 0.01% of their portfolio | 307.5k $40.4m | Added +78.1k |
| RHUMBLINE ADVISERS 0.04% of their portfolio | 300.9k $39.5m | Reduced -45.9k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.04% of their portfolio | 280.2k $36.8m | Added +7.9k |
| RAYMOND JAMES & ASSOCIATES 0.02% of their portfolio | 274.8k $36.1m | Added +6.0k |
| CANADA LIFE ASSURANCE Co 0.06% of their portfolio | 274.1k $36.1m | Reduced -40.0k |
| INTERNATIONAL ASSETS INVESTMENT MANAGEMENT, LLC 0.01% of their portfolio | 266.9k $2.0k | Added +265.1k |
| Robeco Institutional Asset Management B.V. 0.07% of their portfolio | 262.8k $34.5m | Added +65.2k |
| Russell Investments Group, Ltd. 0.05% of their portfolio | 250.2k $32.9m | Reduced -13.4k |
| Mitsubishi UFJ Asset Management Co., Ltd. 0.03% of their portfolio | 246.1k $32.3m | Reduced -3.1k |
| National Pension Service 0.03% of their portfolio | 240.1k $31.5m | Added +19.1k |
| RENAISSANCE TECHNOLOGIES LLC 0.05% of their portfolio | 239.9k $31.5m | Added +160.4k |
| AMERICAN CENTURY COMPANIES INC 0.02% of their portfolio | 233.6k $30.7m | Added +25.4k |
| Allianz Asset Management GmbH 0.05% of their portfolio | 229.9k $30.2m | Added +138.8k |
| EVERETT HARRIS & CO /CA/ 0.35% of their portfolio | 214.4k $28.2m | Reduced -76.8k |
| US BANCORP \DE\ 0.04% of their portfolio | 213.6k $28.1m | Reduced -406 |
| BNP PARIBAS ASSET MANAGEMENT Holding S.A. 0.07% of their portfolio | 210.2k $27.6m | Added +70.2k |
| Pictet Asset Management Holding SA 0.03% of their portfolio | 202.1k $26.6m | Added +3.2k |
| NEW YORK STATE COMMON RETIREMENT FUND 0.04% of their portfolio | 201.6k $26.5m | Reduced -24.6k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio | 199.1k $26.2m | Added +2.2k |
| Brandywine Global Investment Management, LLC 0.16% of their portfolio | 198.7k $24.3m | Reduced -4.9k |
| D. E. Shaw & Co., Inc. 0.03% of their portfolio | 197.6k $26.0m | Reduced -211.8k |
| FRANKLIN RESOURCES INC 0.01% of their portfolio | 193.5k $23.6m | Added +30.8k |
| CONFLUENCE INVESTMENT MANAGEMENT LLC 0.34% of their portfolio | 191.4k $25.1m | Reduced -877 |
| CITIGROUP INC 0.02% of their portfolio | 182.5k $24.0m | Added +21.2k |
| ADAGE CAPITAL PARTNERS GP, L.L.C. 0.04% of their portfolio | 175.0k $23.0m | Added +59.7k |
| STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 0.04% of their portfolio | 169.1k $22.2m | Reduced -980 |
| Andra AP-fonden 0.33% of their portfolio | 168.5k $22.1m | Added +6.9k |
| CAPITAL FUND MANAGEMENT S.A. 0.24% of their portfolio | 166.4k $21.9m | New |