Dear Valued Visitor,

We have noticed that you are using an ad blocker software.

Although advertisements on the web pages may degrade your experience, our business certainly depends on them and we can only keep providing you high-quality research based articles as long as we can display ads on our pages.

To view this article, you can disable your ad blocker and refresh this page or simply login.

We only allow registered users to use ad blockers. You can sign up for free by clicking here or you can login if you are already a member.

Hedge Funds Make Big After $FDX Releases EPS Guidance

FedEx Corp (FDX) surges 6.55% on Thursday after the company released its third quarter, 2012 EPS guidance. Its projected diluted EPS of $1.25 to $1.45 for Q3, 2012 and $6.25 to $6.75 for FY 2012 are in line with analysts’ expectations. FDX closed on Wednesday at $77.29, and is trading at 82.35 at 12:06PM EST on Thursday.

CHILTON INVESTMENT COMPANY

The following hedge funds may gain big due to FDX’s increase.

1. Merchants’ Gate Capital – Jason Capello: gains $15.17 million

2. Newland Capital – Ken Brodkowitz and Mike Vermut: gains $4.55 million

3. Chilton Investment Company – Richard Chilton: gains $2.89 million

4. Vinik Asset Management – Jeffrey Vinik: gains $2.28 million

5. Renaissance Technologies – Jim Simons: gains $2.07 million

6. Adage Capital Management – Phill Gross and Robert Atchinson: gains $1.96 million

7. SAC Capital Advisors – Steven Cohen: gains $1.58 million

8. Bridgewater Associates – Ray Dalio: gains $1.57 million

9. Dreman Value Management – David Dreman: gains $1.03 million

10. AQR Capital Management – Cliff Asness: gains $858 thousand

DISCLAIMER: These calculations assume that these hedge funds did not increase or reduce their stock positions in FDX since the end of September. We did not take into account their option positions.

Loading...