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 ($81.4m this quarter). Holder counts are more reliable. Shares outstanding: 134.0m as of 2025-11-03, 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 ≈ $122.54. Options: 8 managers hold calls ($33.3m notional), 6 hold puts ($3.1m).
Trends to Q3 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 |
| Q2 2025 | 808 |
| Q3 2025 | 820 |
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 2023 | 311 | 415 |
| Q1 2024 | 318 | 425 |
| Q2 2024 | 356 | 409 |
| Q3 2024 | 345 | 409 |
| Q4 2024 | 334 | 420 |
| Q1 2025 | 398 | 380 |
| Q2 2025 | 338 | 450 |
| Q3 2025 | 357 | 365 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q4 2024 | $54.2m | $7.3m | 0.13 |
| Q1 2025 | $30.4m | $7.9m | 0.26 |
| Q2 2025 | $27.7m | $7.5m | 0.27 |
| Q3 2025 | $33.3m | $3.1m | 0.09 |
Biggest buyers
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC | Added | +1.7m |
| JPMORGAN CHASE & CO | Added | +1.2m |
| FIL Ltd | Added | +1.1m |
| FMR LLC | Added | +981.3k |
| Balyasny Asset Management L.P. | New | +923.4k |
| WELLINGTON MANAGEMENT GROUP LLP | Added | +750.0k |
| Caisse de depot et placement du Quebec | Added | +399.2k |
| STATE STREET CORP | Added | +377.7k |
| MORGAN STANLEY | Added | +311.1k |
| HSBC HOLDINGS PLC | Added | +278.4k |
Biggest sellers
| ROYAL BANK OF CANADA | Reduced | -1.4m |
| BlackRock, Inc. | Reduced | -1.4m |
| Amundi | Reduced | -295.6k |
| NORTHERN TRUST CORP | Reduced | -286.2k |
| AXA S.A. | Sold out | -278.1k |
| Qube Research & Technologies Ltd | Reduced | -190.5k |
| DEUTSCHE BANK AG\ | Reduced | -173.5k |
| VANGUARD GROUP INC | Reduced | -157.6k |
| Walleye Capital LLC | Sold out | -147.3k |
| BARCLAYS PLC | Reduced | -144.0k |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $13.3m108.6k shares |
| JANE STREET GROUP, LLC | Added | $8.7m70.7k shares |
| CITADEL ADVISORS LLC | Added | $7.8m63.7k shares |
| WOLVERINE TRADING, LLC | Reduced | $1.3m10.8k shares |
| SIMPLEX TRADING, LLC | Added | $723.0k5.9k shares |
| Walleye Trading LLC | Added | $711.0k5.8k shares |
| Twin Tree Management, LP | New | $662.0k5.4k shares |
| GROUP ONE TRADING LLC | Added | $110.3k900 shares |
Biggest puts
| Walleye Trading LLC | Reduced | $1.8m14.3k shares |
| CITADEL ADVISORS LLC | New | $772.3k6.3k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $232.9k1.9k shares |
| Lido Advisors, LLC | Unchanged | $220.7k1.8k shares |
| SIMPLEX TRADING, LLC | Reduced | $85.0k700 shares |
| GROUP ONE TRADING LLC | Reduced | $49.0k400 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 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 |
|---|---|---|---|---|---|
| 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 | — |
| Q2 2025 | 0 | — | 1 | $1.2m | — |
| Q3 2025 | 0 | — | 4 | $3.1m | — |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2025-09-05 | Carlile Robert Paul Director | Sold | $301.3k2.5k shares |
| 2025-08-19 | Emmert Mark A Director | Sold | $497.2k4.1k shares |
| 2025-08-07 | Dickerman Jeffrey F Senior VP/Gen Counsel/Corp Sec | Sold | $173.5k1.5k shares |
| 2025-08-06 | Bell Blake R President Global Business Dev | Sold | $2.1m18.0k 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, Q3 2025
| Manager | Shares | Change |
|---|---|---|
| VANGUARD GROUP INC 0.03% of their portfolio | 16.7m $2.0bn | Reduced -157.6k |
| BlackRock, Inc. 0.03% of their portfolio | 12.3m $1.5bn | Reduced -1.4m |
| STATE STREET CORP 0.03% of their portfolio | 7.7m $945.0m | Added +377.7k |
| First Eagle Investment Management, LLC 1.40% of their portfolio | 6.3m $769.9m | Added +417 |
| LOOMIS SAYLES & CO L P 0.85% of their portfolio | 5.8m $715.2m | Added +89.0k |
| FIL Ltd 0.44% of their portfolio | 4.6m $561.3m | Added +1.1m |
| Boston Partners 0.45% of their portfolio | 3.6m $436.9m | Reduced -29.5k |
| GEODE CAPITAL MANAGEMENT, LLC 0.03% of their portfolio | 3.5m $427.3m | Added +8.8k |
| BANK OF AMERICA CORP /DE/ 0.02% of their portfolio | 2.7m $331.0m | Reduced -131.2k |
| MORGAN STANLEY 0.02% of their portfolio | 2.4m $298.5m | Added +311.1k |
| Invesco Ltd. 0.05% of their portfolio | 2.4m $292.6m | Reduced -87.2k |
| JPMORGAN CHASE & CO 0.01% of their portfolio | 2.2m $272.8m | Added +1.2m |
| Baird Financial Group, Inc. 0.40% of their portfolio | 2.0m $246.9m | Added +77.0k |
| NORTHERN TRUST CORP 0.03% of their portfolio | 2.0m $243.7m | Reduced -286.2k |
| FIRST TRUST ADVISORS LP 0.18% of their portfolio | 2.0m $242.6m | Reduced -98.5k |
| MARSHFIELD ASSOCIATES 4.12% of their portfolio | 1.9m $238.2m | Added +86.2k |
| WELLINGTON MANAGEMENT GROUP LLP 0.04% of their portfolio | 1.9m $235.5m | Added +750.0k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.05% of their portfolio | 1.9m $231.4m | Added +1.7m |
| FMR LLC 0.01% of their portfolio | 1.6m $192.9m | Added +981.3k |
| ROYAL BANK OF CANADA 0.03% of their portfolio | 1.5m $182.6m | Reduced -1.4m |
| ProShare Advisors LLC 0.38% of their portfolio | 1.5m $179.9m | Reduced -45.7k |
| DIMENSIONAL FUND ADVISORS LP 0.04% of their portfolio | 1.5m $177.9m | Added +37.4k |
| UBS Group AG 0.03% of their portfolio | 1.4m $167.7m | Reduced -134.2k |
| BLS Capital Fondsmaeglerselskab A/S 5.65% of their portfolio | 1.3m $164.1m | Reduced -77.0k |
| PRINCIPAL FINANCIAL GROUP INC 0.07% of their portfolio | 1.2m $143.2m | Reduced -47.4k |
| TD Asset Management Inc 0.12% of their portfolio | 1.2m $142.9m | Reduced -91.4k |
| Legal & General Group Plc 0.03% of their portfolio | 1.1m $139.8m | Added +29.2k |
| Caisse de depot et placement du Quebec 0.24% of their portfolio | 1.1m $131.3m | Added +399.2k |
| Epoch Investment Partners, Inc. 0.69% of their portfolio | 1.0m $126.3m | Reduced -34.4k |
| ENVESTNET ASSET MANAGEMENT INC 0.04% of their portfolio | 993.7k $121.8m | Added +62.5k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.02% of their portfolio | 993.6k $121.8m | Added +12.3k |
| HSBC HOLDINGS PLC 0.07% of their portfolio | 944.6k $115.7m | Added +278.4k |
| Balyasny Asset Management L.P. 0.23% of their portfolio | 923.4k $113.2m | New |
| GOLDMAN SACHS GROUP INC 0.01% of their portfolio | 832.1k $102.0m | Added +168.2k |
| Bank of New York Mellon Corp 0.02% of their portfolio | 826.5k $101.3m | Reduced -9.2k |
| Amundi 0.03% of their portfolio | 809.9k $100.1m | Reduced -295.6k |
| DekaBank Deutsche Girozentrale 0.16% of their portfolio | 803.8k $97.0m | Unchanged |
| 1832 Asset Management L.P. 0.17% of their portfolio | 803.2k $98.5m | Reduced -33.9k |
| BNP PARIBAS ASSET MANAGEMENT Holding S.A. 0.23% of their portfolio | 716.3k $87.1m | Added +156.4k |
| NORDEA INVESTMENT MANAGEMENT AB 0.07% of their portfolio | 648.1k $78.9m | Added +44.8k |
| Thrivent Financial for Lutherans 0.15% of their portfolio | 613.8k $75.2m | Reduced -23.4k |
| NATIXIS ADVISORS, LLC 0.11% of their portfolio | 612.6k $75.1m | Added +22.4k |
| JACOBS LEVY EQUITY MANAGEMENT, INC 0.29% of their portfolio | 586.2k $71.9m | Added +44.7k |
| Allianz Asset Management GmbH 0.09% of their portfolio | 565.4k $69.3m | Added +69.3k |
| Summit Trail Advisors, LLC 0.94% of their portfolio | 554.3k $68.0m | Added +180.0k |
| Madison Asset Management, LLC 0.74% of their portfolio | 547.0k $67.1m | Reduced -6.7k |
| DEUTSCHE BANK AG\ 0.02% of their portfolio | 543.8k $66.7m | Reduced -173.5k |
| RAYMOND JAMES FINANCIAL INC 0.02% of their portfolio | 534.9k $65.6m | Added +171.2k |
| COMPASS CAPITAL MANAGEMENT, INC 3.22% of their portfolio | 496.2k $60.8m | Reduced -3.9k |
| Qube Research & Technologies Ltd 0.09% of their portfolio | 492.9k $60.4m | Reduced -190.5k |
| Boston Trust Walden Corp 0.44% of their portfolio | 490.5k $60.1m | Reduced -1.0k |
| Vest Financial, LLC 0.76% of their portfolio | 471.8k $57.8m | Reduced -28.9k |
| Pacer Advisors, Inc. 0.14% of their portfolio | 453.1k $55.5m | Reduced -41.1k |
| California Public Employees Retirement System 0.03% of their portfolio | 445.8k $54.6m | Reduced -95.6k |
| AMERICAN CENTURY COMPANIES INC 0.03% of their portfolio | 405.7k $49.7m | Added +41.7k |
| Swiss National Bank 0.03% of their portfolio | 394.8k $48.4m | Reduced -22.2k |
| NOMURA ASSET MANAGEMENT CO LTD 0.12% of their portfolio | 384.5k $47.1m | Reduced -26.7k |
| Sumitomo Mitsui Trust Group, Inc. 0.03% of their portfolio | 382.0k $46.8m | Added +564 |
| ASSETMARK, INC 0.10% of their portfolio | 369.3k $45.3m | Reduced -3.3k |
| BARCLAYS PLC 0.02% of their portfolio | 364.3k $44.7m | Reduced -144.0k |
| Tandem Investment Advisors, Inc. 1.46% of their portfolio | 349.3k $42.8m | Reduced -11.9k |
| Camrose Capital Investment Partners LLP 9.91% of their portfolio | 348.4k $42.7m | Added +21.1k |
| ANCHOR CAPITAL ADVISORS LLC 1.23% of their portfolio | 346.4k $42.5m | Reduced -6.7k |
| AMERIPRISE FINANCIAL INC 0.01% of their portfolio | 341.0k $41.8m | Reduced -10.1k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.04% of their portfolio | 336.3k $41.2m | Added +5.2k |
| Mitsubishi UFJ Asset Management Co., Ltd. 0.03% of their portfolio | 325.4k $39.9m | Added +20.4k |
| Nuveen, LLC 0.01% of their portfolio | 314.7k $38.6m | Reduced -19.2k |
| RHUMBLINE ADVISERS 0.03% of their portfolio | 309.0k $37.9m | Added +4.1k |
| VICTORY CAPITAL MANAGEMENT INC 0.02% of their portfolio | 308.5k $37.8m | Reduced -10.8k |
| AXA Investment Managers S.A. 0.09% of their portfolio | 278.2k $34.1m | First filing |
| SCHRODER INVESTMENT MANAGEMENT GROUP 0.03% of their portfolio | 275.8k $33.8m | Added +2.2k |
| D. E. Shaw & Co., Inc. 0.03% of their portfolio | 258.4k $31.7m | Reduced -46.7k |
| Andra AP-fonden 0.39% of their portfolio | 250.2k $30.7m | Added +11.9k |
| CITIGROUP INC 0.02% of their portfolio | 244.4k $30.0m | Added +62.6k |
| River Road Asset Management, LLC 0.33% of their portfolio | 236.7k $29.0m | Added +73.6k |
| WELLS FARGO & COMPANY/MN 0.01% of their portfolio | 235.7k $28.9m | Added +22.8k |
| BNP PARIBAS FINANCIAL MARKETS 0.02% of their portfolio | 232.7k $28.5m | Reduced -61.3k |
| AQR CAPITAL MANAGEMENT LLC 0.02% of their portfolio | 221.5k $27.0m | Reduced -109.8k |
| Russell Investments Group, Ltd. 0.03% of their portfolio | 216.0k $26.5m | Reduced -17.9k |
| Aware Super Pty Ltd as trustee of Aware Super 0.36% of their portfolio | 213.6k $26.2m | Unchanged |
| Pictet Asset Management Holding SA 0.03% of their portfolio | 212.4k $26.0m | Reduced -3.0k |
| KBC Group NV 0.06% of their portfolio | 208.5k $25.6m | Reduced -95.4k |
| EVERETT HARRIS & CO /CA/ 0.31% of their portfolio | 207.7k $25.5m | Reduced -5.4k |
| US BANCORP \DE\ 0.03% of their portfolio | 206.4k $25.3m | Reduced -1.2k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio | 200.3k $24.6m | Reduced -1.9k |
| FRANKLIN RESOURCES INC 0.01% of their portfolio | 199.7k $24.5m | Reduced -6.9k |
| WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.04% of their portfolio | 196.3k $24.0m | Added +8.6k |
| ACADIAN ASSET MANAGEMENT LLC 0.04% of their portfolio | 194.7k $23.9m | Reduced -6.4k |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC 0.08% of their portfolio | 193.1k $23.7m | Reduced -127.6k |
| CITADEL ADVISORS LLC 0.02% of their portfolio | 192.9k $23.6m | Added +133.9k |
| VIRGINIA RETIREMENT SYSTEMS ET Al 0.15% of their portfolio | 188.1k $23.1m | Unchanged |
| CANADA LIFE ASSURANCE Co 0.03% of their portfolio | 181.7k $22.3m | Added +5.1k |
| Universal- Beteiligungs- und Servicegesellschaft mbH 0.04% of their portfolio | 179.2k $22.0m | Reduced -6.6k |
| CONFLUENCE INVESTMENT MANAGEMENT LLC 0.31% of their portfolio | 177.1k $21.7m | Reduced -4.3k |
| Artisan Partners Limited Partnership 0.03% of their portfolio | 171.9k $21.1m | Reduced -8.0k |
| LPL Financial LLC 0.01% of their portfolio | 169.0k $20.7m | Added +9.7k |
| L. Roy Papp & Associates, LLP 2.27% of their portfolio | 164.5k $20.2m | Reduced -11 |
| Aberdeen Group plc 0.03% of their portfolio | 154.1k $18.9m | Added +1.5k |
| ALLIANCEBERNSTEIN L.P. 0.01% of their portfolio | 154.0k $18.9m | Reduced -2.3k |
| STIFEL FINANCIAL CORP 0.02% of their portfolio | 152.8k $18.7m | Added +2.6k |