Sound Shore Management Inc. CT lifted its stake in FedEx Co. ( NYSE:FDX – Get Rating ) by 3.5% in the fourth quarter, HoldingsChannel reports. The firm owned 330,469 shares of the shipping service provider's stock after acquiring an additional 11,070 shares during the quarter. Sound Shore Management Inc. CT's holdings in FedEx were worth $57,237,000 as of its most recent SEC filing. A number of other institutional investors and hedge funds have also made changes to their positions in the stock.

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