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.

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.