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 ($105.5m this quarter). Holder counts are more reliable. Shares outstanding: 136.9m as of 2025-05-05, 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 ≈ $120.13. Options: 11 managers hold calls ($30.4m notional), 11 hold puts ($7.9m).
Trends to Q1 2025
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 |
| Q4 2024 | 828 |
| Q1 2025 | 843 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q2 2023 | 314 | 393 |
| Q3 2023 | 330 | 371 |
| Q4 2023 | 311 | 415 |
| Q1 2024 | 318 | 425 |
| Q2 2024 | 356 | 409 |
| Q3 2024 | 345 | 409 |
| Q4 2024 | 334 | 420 |
| Q1 2025 | 398 | 380 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q2 2024 | $63.9m | $77.6m | 1.21 |
| Q3 2024 | $85.1m | $38.0m | 0.45 |
| Q4 2024 | $54.2m | $7.3m | 0.13 |
| Q1 2025 | $30.4m | $7.9m | 0.26 |
Biggest buyers
| First Eagle Investment Management, LLC | Added | +1.3m |
| FIL Ltd | New | +797.1k |
| BANK OF AMERICA CORP /DE/ | Added | +587.3k |
| Invesco Ltd. | Added | +576.5k |
| Boston Partners | Added | +498.2k |
| JACOBS LEVY EQUITY MANAGEMENT, INC | Added | +482.8k |
| JPMORGAN CHASE & CO | Added | +400.0k |
| Squarepoint Ops LLC | Added | +379.5k |
| UBS Group AG | Added | +296.4k |
| MORGAN STANLEY | Added | +235.5k |
Biggest sellers
| BlackRock, Inc. | Reduced | -1.0m |
| FIRST TRUST ADVISORS LP | Reduced | -993.0k |
| Aberdeen Group plc | Reduced | -465.8k |
| JUPITER ASSET MANAGEMENT LTD | Reduced | -362.3k |
| CITADEL ADVISORS LLC | Reduced | -360.9k |
| TWO SIGMA INVESTMENTS, LP | Reduced | -348.7k |
| Qube Research & Technologies Ltd | Reduced | -306.0k |
| MILLENNIUM MANAGEMENT LLC | Reduced | -239.8k |
| National Pension Service | Reduced | -217.0k |
| Caisse de depot et placement du Quebec | Reduced | -198.8k |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $11.5m95.7k shares |
| JANE STREET GROUP, LLC | Reduced | $5.9m48.8k shares |
| CITADEL ADVISORS LLC | Added | $4.3m35.9k shares |
| PEAK6 LLC | New | $3.5m29.3k shares |
| WOLVERINE TRADING, LLC | Reduced | $2.9m24.6k shares |
| Walleye Trading LLC | Reduced | $1.2m9.7k shares |
| Arrowpoint Investment Partners (Singapore) Pte. Ltd. | New | $529.1k4.4k shares |
| Walleye Capital LLC | Reduced | $228.5k1.9k shares |
| SIMPLEX TRADING, LLC | Reduced | $204.0k1.7k shares |
| GROUP ONE TRADING LLC | Reduced | $108.2k900 shares |
Biggest puts
| Walleye Trading LLC | Added | $5.5m45.5k shares |
| CITADEL ADVISORS LLC | Reduced | $829.7k6.9k shares |
| Arrowpoint Investment Partners (Singapore) Pte. Ltd. | New | $505.1k4.2k shares |
| WOLVERINE TRADING, LLC | Reduced | $371.2k3.1k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $300.6k2.5k shares |
| Lido Advisors, LLC | Unchanged | $216.4k1.8k shares |
| Walleye Capital LLC | Reduced | $168.3k1.4k shares |
| GROUP ONE TRADING LLC | New | $36.1k300 shares |
| SIMPLEX TRADING, LLC | Reduced | $12.0k100 shares |
| Quaker Wealth Management, LLC | First filing | $7226 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 Q1 2025
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 |
|---|---|---|---|---|---|
| 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 | — | — |
| Q4 2024 | 0 | — | 1 | $363.3k | — |
| Q1 2025 | 0 | — | 1 | $146.9k | — |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2025-02-20 | Dickerman Jeffrey F Senior VP/Gen Counsel/Corp Sec | Sold | $146.9k1.2k shares |
Their holding: how much the trade added to or took from the insider's holding (direct, or the trust or fund named). The same trade is sometimes reported by more than one insider, such as a fund and the director who represents it; totals count it once. A value is left blank where the reported price is far from the market price (usually a typo).
Holders, Q1 2025
| Manager | Shares | Change |
|---|---|---|
| VANGUARD GROUP INC 0.04% of their portfolio | 16.9m $2.0bn | Reduced -24.4k |
| BlackRock, Inc. 0.04% of their portfolio | 14.5m $1.7bn | Reduced -1.0m |
| STATE STREET CORP 0.04% of their portfolio | 7.5m $902.4m | Added +28.3k |
| LOOMIS SAYLES & CO L P 0.98% of their portfolio | 5.7m $680.8m | Reduced -73.4k |
| First Eagle Investment Management, LLC 1.36% of their portfolio | 5.4m $644.7m | Added +1.3m |
| Boston Partners 0.62% of their portfolio | 4.3m $516.4m | Added +498.2k |
| GEODE CAPITAL MANAGEMENT, LLC 0.03% of their portfolio | 3.5m $421.0m | Added +119.6k |
| Invesco Ltd. 0.07% of their portfolio | 3.0m $365.5m | Added +576.5k |
| BANK OF AMERICA CORP /DE/ 0.03% of their portfolio | 2.9m $345.5m | Added +587.3k |
| NORTHERN TRUST CORP 0.04% of their portfolio | 2.3m $273.8m | Reduced -11.2k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.07% of their portfolio | 2.3m $272.6m | Reduced -161.9k |
| MORGAN STANLEY 0.02% of their portfolio | 2.1m $247.6m | Added +235.5k |
| Baird Financial Group, Inc. 0.43% of their portfolio | 1.8m $221.9m | Added +84.6k |
| MARSHFIELD ASSOCIATES 4.80% of their portfolio | 1.8m $221.5m | Added +14.1k |
| UBS Group AG 0.05% of their portfolio | 1.8m $214.7m | Added +296.4k |
| FIRST TRUST ADVISORS LP 0.19% of their portfolio | 1.7m $209.4m | Reduced -993.0k |
| ProShare Advisors LLC 0.41% of their portfolio | 1.5m $183.0m | Reduced -65.8k |
| WELLINGTON MANAGEMENT GROUP LLP 0.03% of their portfolio | 1.5m $178.0m | Reduced -36.6k |
| DIMENSIONAL FUND ADVISORS LP 0.04% of their portfolio | 1.4m $163.5m | Added +36.3k |
| Amundi 0.05% of their portfolio | 1.3m $144.2m | Reduced -186.6k |
| TD Asset Management Inc 0.14% of their portfolio | 1.3m $152.8m | Added +195.0k |
| PRINCIPAL FINANCIAL GROUP INC 0.08% of their portfolio | 1.2m $149.3m | Reduced -17.7k |
| Legal & General Group Plc 0.04% of their portfolio | 1.2m $144.3m | Added +57.3k |
| ROYAL BANK OF CANADA 0.03% of their portfolio | 1.0m $125.6m | Added +111.2k |
| JPMORGAN CHASE & CO 0.01% of their portfolio | 1.0m $123.0m | Added +400.0k |
| Epoch Investment Partners, Inc. 0.63% of their portfolio | 1.0m $121.9m | Added +209.8k |
| ENVESTNET ASSET MANAGEMENT INC 0.04% of their portfolio | 1.0m $121.7m | Added +147.9k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.02% of their portfolio | 976.3k $117.4m | Added +71.6k |
| NORGES BANK 0.02% of their portfolio | 973.9k $117.1m | Added +195 |
| Bank of New York Mellon Corp 0.02% of their portfolio | 924.6k $111.2m | Reduced -59.4k |
| DEUTSCHE BANK AG\ 0.04% of their portfolio | 873.4k $105.0m | Reduced -16.4k |
| 1832 Asset Management L.P. 0.19% of their portfolio | 835.7k $100.5m | Reduced -16.4k |
| GOLDMAN SACHS GROUP INC 0.02% of their portfolio | 821.7k $98.8m | Added +11.4k |
| DekaBank Deutsche Girozentrale 0.19% of their portfolio | 814.3k $95.6m | Added +10.5k |
| FIL Ltd 0.09% of their portfolio | 797.1k $95.8m | New |
| Thrivent Financial for Lutherans 0.19% of their portfolio | 709.8k $85.4m | Reduced -582 |
| Qube Research & Technologies Ltd 0.12% of their portfolio | 656.5k $78.9m | Reduced -306.0k |
| California Public Employees Retirement System 0.05% of their portfolio | 636.1k $76.5m | Reduced -32.1k |
| HSBC HOLDINGS PLC 0.05% of their portfolio | 620.4k $73.2m | Added +22.5k |
| FMR LLC 0.00% of their portfolio | 589.9k $70.9m | Added +5.1k |
| NORDEA INVESTMENT MANAGEMENT AB 0.07% of their portfolio | 581.8k $70.1m | Added +13.6k |
| JACOBS LEVY EQUITY MANAGEMENT, INC 0.27% of their portfolio | 576.4k $69.3m | Added +482.8k |
| NATIXIS ADVISORS, LLC 0.13% of their portfolio | 563.4k $67.7m | Added +56.4k |
| Madison Asset Management, LLC 0.73% of their portfolio | 548.3k $65.9m | Added +51.4k |
| KBC Group NV 0.20% of their portfolio | 544.0k $65.4m | Added +204.2k |
| TWO SIGMA ADVISERS, LP 0.14% of their portfolio | 522.2k $62.8m | Reduced -147.5k |
| COMPASS CAPITAL MANAGEMENT, INC 3.92% of their portfolio | 495.8k $59.6m | Added +20.5k |
| Vest Financial, LLC 0.91% of their portfolio | 487.1k $58.6m | Reduced -10.7k |
| Squarepoint Ops LLC 0.14% of their portfolio | 483.0k $58.1m | Added +379.5k |
| Boston Trust Walden Corp 0.41% of their portfolio | 464.5k $55.9m | Reduced -2.8k |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC 0.20% of their portfolio | 450.0k $54.1m | Reduced -35.9k |
| Artisan Partners Limited Partnership 0.09% of their portfolio | 441.8k $53.1m | Added +3.8k |
| CANADA LIFE ASSURANCE Co 0.09% of their portfolio | 403.9k $48.7m | Added +30.2k |
| NOMURA ASSET MANAGEMENT CO LTD 0.15% of their portfolio | 402.6k $48.4m | Added +12.8k |
| Swiss National Bank 0.03% of their portfolio | 394.9k $47.5m | Reduced -3.7k |
| Allianz Asset Management GmbH 0.07% of their portfolio | 393.6k $47.3m | Added +97.0k |
| Sumitomo Mitsui Trust Group, Inc. 0.03% of their portfolio | 386.8k $46.5m | Reduced -2.4k |
| ASSETMARK, INC 0.12% of their portfolio | 369.7k $44.5m | Reduced -11.0k |
| RAYMOND JAMES FINANCIAL INC 0.02% of their portfolio | 367.1k $44.1m | Added +34.3k |
| BNP PARIBAS FINANCIAL MARKETS 0.03% of their portfolio | 364.4k $43.8m | First filing |
| Nuveen, LLC 0.01% of their portfolio | 364.4k $43.8m | First filing |
| BNP PARIBAS ASSET MANAGEMENT Holding S.A. 0.12% of their portfolio | 363.4k $43.7m | Added +119.8k |
| Tandem Investment Advisors, Inc. 1.52% of their portfolio | 361.8k $43.5m | Reduced -7.5k |
| ANCHOR CAPITAL ADVISORS LLC 1.29% of their portfolio | 360.6k $43.4m | Added +1.7k |
| BARCLAYS PLC 0.02% of their portfolio | 359.4k $43.2m | Added +60.3k |
| AQR CAPITAL MANAGEMENT LLC 0.04% of their portfolio | 354.6k $42.6m | Reduced -74.3k |
| JANE STREET GROUP, LLC 0.07% of their portfolio | 341.4k $41.1m | Added +178.0k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.05% of their portfolio | 330.2k $39.7m | Reduced -4.6k |
| ROYAL LONDON ASSET MANAGEMENT LTD 0.09% of their portfolio | 328.2k $39.5m | Reduced -11.8k |
| AXA S.A. 0.13% of their portfolio | 326.4k $39.3m | Added +22.6k |
| RHUMBLINE ADVISERS 0.04% of their portfolio | 316.9k $38.1m | Added +22.7k |
| VICTORY CAPITAL MANAGEMENT INC 0.04% of their portfolio | 312.2k $37.5m | Added +6.1k |
| Mitsubishi UFJ Asset Management Co., Ltd. 0.03% of their portfolio | 303.2k $36.5m | Added +23.7k |
| AMERIPRISE FINANCIAL INC 0.01% of their portfolio | 298.8k $35.9m | Added +5.4k |
| AVIVA PLC 0.08% of their portfolio | 269.4k $32.4m | Added +79.6k |
| MILLENNIUM MANAGEMENT LLC 0.03% of their portfolio | 262.5k $31.6m | Reduced -239.8k |
| D. E. Shaw & Co., Inc. 0.04% of their portfolio | 251.9k $30.3m | Reduced -73.1k |
| AMERICAN CENTURY COMPANIES INC 0.02% of their portfolio | 245.9k $29.6m | Added +17.3k |
| Camrose Capital Investment Partners LLP 10.54% of their portfolio | 244.4k $29.4m | Added +161.7k |
| Russell Investments Group, Ltd. 0.04% of their portfolio | 244.3k $29.4m | Added +83.0k |
| WELLS FARGO & COMPANY/MN 0.01% of their portfolio | 243.2k $29.2m | Added +11.2k |
| Brandywine Global Investment Management, LLC 0.21% of their portfolio | 242.9k $29.2m | Added +45.1k |
| SCHRODER INVESTMENT MANAGEMENT GROUP 0.03% of their portfolio | 231.3k $27.7m | Reduced -38.1k |
| TWO SIGMA INVESTMENTS, LP 0.06% of their portfolio | 221.2k $26.6m | Reduced -348.7k |
| Pictet Asset Management Holding SA 0.03% of their portfolio | 220.6k $26.5m | Added +7.8k |
| US BANCORP \DE\ 0.04% of their portfolio | 218.3k $26.3m | Added +4.4k |
| EVERETT HARRIS & CO /CA/ 0.33% of their portfolio | 216.2k $26.0m | Reduced -2.6k |
| Aware Super Pty Ltd as trustee of Aware Super 0.44% of their portfolio | 213.6k $25.7m | Unchanged |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio | 201.9k $24.3m | Added +2.4k |
| FRANKLIN RESOURCES INC 0.01% of their portfolio | 197.8k $23.8m | Added +17.0k |
| Andra AP-fonden 0.38% of their portfolio | 191.3k $23.0m | Added +41.3k |
| CITIGROUP INC 0.02% of their portfolio | 191.3k $23.0m | Reduced -17.4k |
| O'SHAUGHNESSY ASSET MANAGEMENT, LLC 0.18% of their portfolio | 191.2k $23.0m | Reduced -90.2k |
| VIRGINIA RETIREMENT SYSTEMS ET Al 0.17% of their portfolio | 188.1k $22.6m | First filing |
| CONFLUENCE INVESTMENT MANAGEMENT LLC 0.32% of their portfolio | 184.6k $22.2m | Reduced -5.0k |
| Mitsubishi UFJ Trust & Banking Corp 0.06% of their portfolio | 183.2k $22.0m | Reduced -149.8k |
| TEACHER RETIREMENT SYSTEM OF TEXAS 0.09% of their portfolio | 179.5k $21.6m | Reduced -32.0k |
| Universal- Beteiligungs- und Servicegesellschaft mbH 0.04% of their portfolio | 179.3k $21.6m | Reduced -5.7k |
| L. Roy Papp & Associates, LLP 2.40% of their portfolio | 162.8k $19.6m | Reduced -1.5k |
| LOS ANGELES CAPITAL MANAGEMENT LLC 0.09% of their portfolio | 162.4k $19.5m | Added +25.8k |