Summary by Moomoo AI
PRIMECAP Management Company, an investment adviser, has filed an amendment to its Schedule 13G with the United States Securities and Exchange Commission on February 12, 2024, indicating a change in its holdings of FedEx Corp securities. As of December 31, 2023, PRIMECAP Management Company reported beneficial ownership of 12,902,957 shares of FedEx Corp, which represents 5.16% of the class. The filing, identified by CUSIP Number 31428X106, states that PRIMECAP has sole voting power over 12,649,984 shares and sole dispositive power over all 12,902,957 shares. The document asserts that the shares were acquired in the ordinary course of business and not with the purpose of changing or influencing the control of FedEx Corp.