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 ($207.8m 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 ≈ $148.86. Options: 10 managers hold calls ($104.2m notional), 8 hold puts ($7.7m).
Trends to Q4 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 |
| Q4 2025 | 889 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| 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 |
| Q4 2025 | 393 | 384 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q1 2025 | $30.4m | $7.9m | 0.26 |
| Q2 2025 | $27.7m | $7.5m | 0.27 |
| Q3 2025 | $33.3m | $3.1m | 0.09 |
| Q4 2025 | $104.2m | $7.7m | 0.07 |
Biggest buyers
| Southpoint Capital Advisors LP | New | +1.4m |
| VOYA INVESTMENT MANAGEMENT LLC | Added | +455.1k |
| COATUE MANAGEMENT LLC | New | +366.0k |
| Assenagon Asset Management S.A. | Added | +324.0k |
| HSBC HOLDINGS PLC | Added | +308.6k |
| Zurich Insurance Group Ltd/FI | Added | +285.5k |
| NORDEA INVESTMENT MANAGEMENT AB | Added | +227.9k |
| Squarepoint Ops LLC | Added | +208.0k |
| Amundi | Added | +169.3k |
| Balyasny Asset Management L.P. | Added | +167.5k |
Biggest sellers
| JPMORGAN CHASE & CO | Reduced | -1.5m |
| BLS Capital Fondsmaeglerselskab A/S | Reduced | -1.2m |
| WELLINGTON MANAGEMENT GROUP LLP | Reduced | -911.9k |
| Summit Trail Advisors, LLC | Reduced | -544.2k |
| Qube Research & Technologies Ltd | Reduced | -477.3k |
| MORGAN STANLEY | Reduced | -451.9k |
| BlackRock, Inc. | Reduced | -411.0k |
| 1832 Asset Management L.P. | Reduced | -348.1k |
| Invesco Ltd. | Reduced | -301.7k |
| Legal & General Group Plc | Reduced | -297.8k |
Biggest calls
| PEAK6 LLC | New | $35.8m240.4k shares |
| IMC-Chicago, LLC | New | $35.8m240.3k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $16.5m110.5k shares |
| JANE STREET GROUP, LLC | Reduced | $9.3m62.1k shares |
| CITADEL ADVISORS LLC | Reduced | $5.1m34.3k shares |
| Walleye Trading LLC | Added | $894.1k6.0k shares |
| Walleye Capital LLC | New | $730.1k4.9k shares |
| GROUP ONE TRADING LLC | Reduced | $74.5k500 shares |
| ROYAL BANK OF CANADA | New | $30.0k200 shares |
| SIMPLEX TRADING, LLC | Reduced | $29.8k200 shares |
Biggest puts
| Walleye Trading LLC | Added | $2.6m17.2k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $2.3m15.6k shares |
| CITADEL ADVISORS LLC | Added | $1.7m11.6k shares |
| JANE STREET GROUP, LLC | New | $327.8k2.2k shares |
| Lido Advisors, LLC | Unchanged | $268.2k1.8k shares |
| TUDOR INVESTMENT CORP ET AL | New | $238.4k1.6k shares |
| SIMPLEX TRADING, LLC | Added | $149.0k1.0k shares |
| Walleye Capital LLC | New | $89.4k600 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 Q4 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 |
|---|---|---|---|---|---|
| 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 | — |
| Q4 2025 | 0 | — | 2 | $931.6k | — |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2025-11-07 | Emmert Mark A Director | Sold | $730.4k5.4k shares |
| 2025-11-05 | Dickerman Jeffrey F Senior VP/Gen Counsel/Corp Sec | Sold | $201.3k1.5k 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, Q4 2025
| Manager | Shares | Change |
|---|---|---|
| VANGUARD GROUP INC 0.04% of their portfolio | 16.6m $2.5bn | Reduced -120.3k |
| BlackRock, Inc. 0.03% of their portfolio | 11.9m $1.8bn | Reduced -411.0k |
| STATE STREET CORP 0.04% of their portfolio | 7.7m $1.1bn | Added +5.7k |
| First Eagle Investment Management, LLC 1.66% of their portfolio | 6.3m $940.6m | Added +32.1k |
| LOOMIS SAYLES & CO L P 1.02% of their portfolio | 5.7m $848.2m | Reduced -141.4k |
| FIL Ltd 0.51% of their portfolio | 4.6m $679.1m | Reduced -21.7k |
| GEODE CAPITAL MANAGEMENT, LLC 0.03% of their portfolio | 3.5m $517.7m | Reduced -11.6k |
| Boston Partners 0.54% of their portfolio | 3.5m $517.4m | Reduced -92.6k |
| BANK OF AMERICA CORP /DE/ 0.03% of their portfolio | 2.6m $393.6m | Reduced -58.6k |
| Baird Financial Group, Inc. 0.48% of their portfolio | 2.1m $310.8m | Added +71.4k |
| Invesco Ltd. 0.03% of their portfolio | 2.1m $310.7m | Reduced -301.7k |
| MARSHFIELD ASSOCIATES 5.36% of their portfolio | 2.1m $305.8m | Added +109.8k |
| MORGAN STANLEY 0.02% of their portfolio | 2.0m $295.5m | Reduced -451.9k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.06% of their portfolio | 1.9m $278.4m | Reduced -19.6k |
| NORTHERN TRUST CORP 0.03% of their portfolio | 1.8m $272.4m | Reduced -160.0k |
| FIRST TRUST ADVISORS LP 0.19% of their portfolio | 1.8m $265.0m | Reduced -200.4k |
| FMR LLC 0.01% of their portfolio | 1.5m $224.9m | Reduced -64.0k |
| ROYAL BANK OF CANADA 0.04% of their portfolio | 1.5m $223.5m | Added +10.4k |
| DIMENSIONAL FUND ADVISORS LP 0.05% of their portfolio | 1.5m $221.3m | Added +33.4k |
| ProShare Advisors LLC 0.36% of their portfolio | 1.4m $202.8m | Reduced -106.8k |
| Southpoint Capital Advisors LP 4.68% of their portfolio | 1.4m $201.2m | New |
| UBS Group AG 0.04% of their portfolio | 1.3m $199.9m | Reduced -26.5k |
| HSBC HOLDINGS PLC 0.05% of their portfolio | 1.3m $186.8m | Added +308.6k |
| NORGES BANK 0.02% of their portfolio | 1.2m $180.7m | Not comparable |
| Balyasny Asset Management L.P. 0.30% of their portfolio | 1.1m $162.6m | Added +167.5k |
| PRINCIPAL FINANCIAL GROUP INC 0.08% of their portfolio | 1.1m $160.5m | Reduced -90.6k |
| ENVESTNET ASSET MANAGEMENT INC 0.05% of their portfolio | 1.0m $154.8m | Added +44.9k |
| Caisse de depot et placement du Quebec 0.26% of their portfolio | 1.0m $153.4m | Reduced -41.3k |
| TD Asset Management Inc 0.12% of their portfolio | 1.0m $151.8m | Reduced -147.1k |
| WELLINGTON MANAGEMENT GROUP LLP 0.03% of their portfolio | 1.0m $150.4m | Reduced -911.9k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.02% of their portfolio | 994.1k $148.1m | Added +460 |
| Amundi 0.04% of their portfolio | 979.2k $145.9m | Added +169.3k |
| Epoch Investment Partners, Inc. 0.74% of their portfolio | 878.9k $131.0m | Reduced -151.6k |
| NORDEA INVESTMENT MANAGEMENT AB 0.11% of their portfolio | 876.0k $131.3m | Added +227.9k |
| Legal & General Group Plc 0.03% of their portfolio | 842.6k $125.6m | Reduced -297.8k |
| BNP PARIBAS ASSET MANAGEMENT Holding S.A. 0.14% of their portfolio | 839.0k $125.0m | Added +122.8k |
| DekaBank Deutsche Girozentrale 0.17% of their portfolio | 803.8k $100.1m | Unchanged |
| JPMORGAN CHASE & CO 0.01% of their portfolio | 712.2k $106.1m | Reduced -1.5m |
| Bank of New York Mellon Corp 0.02% of their portfolio | 705.9k $105.2m | Reduced -120.5k |
| NATIXIS ADVISORS, LLC 0.13% of their portfolio | 631.3k $94.1m | Added +18.7k |
| Thrivent Financial for Lutherans 0.16% of their portfolio | 610.4k $91.0m | Reduced -3.3k |
| JACOBS LEVY EQUITY MANAGEMENT, INC 0.34% of their portfolio | 592.0k $88.2m | Added +5.8k |
| GOLDMAN SACHS GROUP INC 0.01% of their portfolio | 566.5k $84.4m | Reduced -265.5k |
| Madison Asset Management, LLC 0.90% of their portfolio | 525.8k $78.4m | Reduced -21.2k |
| RAYMOND JAMES FINANCIAL INC 0.02% of their portfolio | 501.6k $74.7m | Reduced -33.3k |
| VOYA INVESTMENT MANAGEMENT LLC 0.07% of their portfolio | 486.5k $72.5m | Added +455.1k |
| Boston Trust Walden Corp 0.54% of their portfolio | 481.4k $71.7m | Reduced -9.1k |
| Allianz Asset Management GmbH 0.08% of their portfolio | 480.7k $71.6m | Reduced -84.7k |
| DEUTSCHE BANK AG\ 0.02% of their portfolio | 460.2k $68.6m | Reduced -83.6k |
| 1832 Asset Management L.P. 0.09% of their portfolio | 455.1k $67.8m | Reduced -348.1k |
| AMERICAN CENTURY COMPANIES INC 0.03% of their portfolio | 447.5k $66.7m | Added +41.8k |
| COMPASS CAPITAL MANAGEMENT, INC 3.67% of their portfolio | 443.0k $66.0m | Reduced -53.2k |
| PFA Pension, Forsikringsaktieselskab 0.19% of their portfolio | 439.4k $66.0m | First filing |
| SCHRODER INVESTMENT MANAGEMENT GROUP 0.05% of their portfolio | 428.4k $63.8m | Added +152.7k |
| Vest Financial, LLC 0.79% of their portfolio | 418.4k $62.3m | Reduced -53.4k |
| BARCLAYS PLC 0.02% of their portfolio | 401.2k $59.8m | Added +36.8k |
| Camrose Capital Investment Partners LLP 9.69% of their portfolio | 392.5k $58.5m | Added +44.0k |
| Swiss National Bank 0.03% of their portfolio | 372.0k $55.4m | Reduced -22.8k |
| COATUE MANAGEMENT LLC 0.14% of their portfolio | 366.0k $54.5m | New |
| Sumitomo Mitsui Trust Group, Inc. 0.03% of their portfolio | 365.7k $54.5m | Reduced -16.4k |
| California Public Employees Retirement System 0.03% of their portfolio | 363.5k $54.2m | Reduced -82.3k |
| ASSETMARK, INC 0.11% of their portfolio | 362.2k $54.0m | Reduced -7.0k |
| Pacer Advisors, Inc. 0.14% of their portfolio | 361.7k $53.9m | Reduced -91.4k |
| NOMURA ASSET MANAGEMENT CO LTD 0.14% of their portfolio | 359.4k $53.5m | Reduced -25.1k |
| AMERIPRISE FINANCIAL INC 0.01% of their portfolio | 340.7k $50.8m | Reduced -299 |
| Assenagon Asset Management S.A. 0.08% of their portfolio | 338.0k $50.4m | Added +324.0k |
| ANCHOR CAPITAL ADVISORS LLC 1.45% of their portfolio | 336.1k $50.1m | Reduced -10.3k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.05% of their portfolio | 331.1k $49.3m | Reduced -5.2k |
| Tandem Investment Advisors, Inc. 1.82% of their portfolio | 328.3k $48.9m | Reduced -21.0k |
| Mitsubishi UFJ Asset Management Co., Ltd. 0.03% of their portfolio | 318.2k $48.3m | Reduced -7.2k |
| Nuveen, LLC 0.01% of their portfolio | 317.0k $47.2m | Added +2.3k |
| ACADIAN ASSET MANAGEMENT LLC 0.08% of their portfolio | 311.4k $46.4m | Added +116.8k |
| VICTORY CAPITAL MANAGEMENT INC 0.03% of their portfolio | 305.0k $45.4m | Reduced -3.5k |
| Zurich Insurance Group Ltd/FI 0.31% of their portfolio | 298.7k $44.5m | Added +285.5k |
| RHUMBLINE ADVISERS 0.04% of their portfolio | 296.6k $44.2m | Reduced -12.4k |
| BNP PARIBAS FINANCIAL MARKETS 0.03% of their portfolio | 274.9k $41.0m | Added +42.3k |
| VIRGINIA RETIREMENT SYSTEMS ET Al 0.24% of their portfolio | 268.2k $40.0m | Added +80.1k |
| WELLS FARGO & COMPANY/MN 0.01% of their portfolio | 240.1k $35.8m | Added +4.4k |
| Russell Investments Group, Ltd. 0.04% of their portfolio | 223.0k $33.2m | Added +7.0k |
| CITIGROUP INC 0.02% of their portfolio | 219.0k $32.6m | Reduced -25.4k |
| Life Cycle Investment Partners Ltd 0.23% of their portfolio | 215.9k $32.2m | First filing |
| Eurizon Capital SGR S.p.A. 0.10% of their portfolio | 214.8k $32.0m | First filing |
| FRANKLIN RESOURCES INC 0.01% of their portfolio | 214.2k $31.9m | Added +14.5k |
| D. E. Shaw & Co., Inc. 0.02% of their portfolio | 212.7k $31.7m | Reduced -45.7k |
| Squarepoint Ops LLC 0.06% of their portfolio | 211.6k $31.5m | Added +208.0k |
| WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.04% of their portfolio | 207.4k $32.7m | Added +11.1k |
| Pictet Asset Management Holding SA 0.03% of their portfolio | 206.3k $30.7m | Reduced -6.1k |
| KBC Group NV 0.07% of their portfolio | 205.6k $30.6m | Reduced -2.9k |
| US BANCORP \DE\ 0.04% of their portfolio | 205.0k $30.5m | Reduced -1.4k |
| EVERETT HARRIS & CO /CA/ 0.37% of their portfolio | 203.5k $30.3m | Reduced -4.2k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio | 198.6k $29.6m | Reduced -1.7k |
| LPL Financial LLC 0.01% of their portfolio | 181.5k $27.0m | Added +12.5k |
| CONFLUENCE INVESTMENT MANAGEMENT LLC 0.38% of their portfolio | 171.7k $25.6m | Reduced -5.4k |
| TORONTO DOMINION BANK 0.04% of their portfolio | 170.4k $25.4m | Added +120.3k |
| L. Roy Papp & Associates, LLP 2.69% of their portfolio | 163.0k $24.3m | Reduced -1.4k |
| Aberdeen Group plc 0.04% of their portfolio | 160.3k $23.9m | Added +6.2k |
| LORD, ABBETT & CO. LLC 0.07% of their portfolio | 160.0k $23.8m | New |
| Quantinno Capital Management LP 0.05% of their portfolio | 158.8k $23.7m | Added +28.3k |
| Universal- Beteiligungs- und Servicegesellschaft mbH 0.04% of their portfolio | 157.3k $23.5m | Reduced -21.8k |
| Douglas Lane & Associates, LLC 0.32% of their portfolio | 155.0k $23.1m | Added +2.9k |