Herndon Capital Management’s American Express AXP Stock Holding History

Herndon Capital Management’s Portfolio AXP Stock Details AXP Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2017 Q2	$19.9M	Sell	236,727 -16,658	-7%	-$1.32M	3.03%	5
2017 Q1	$20M	Sell	253,385 -37,524	-13%	-$2.93M	2.92%	10
2016 Q4	$21.6M	Sell	290,909 -535,774	-65%	-$37.1M	2.85%	11
2016 Q3	$52.9M	Sell	826,683 -286,348	-26%	-$18.4M	2.64%	14
2016 Q2	$67.6M	Sell	1,113,031 -596,282	-35%	-$37.8M	2.59%	15
2016 Q1	$105M	Sell	1,709,313 -266,660	-13%	-$15.5M	2.63%	11
2015 Q4	$137M	Buy	1,975,973 +530,125	+37%	+$38.6M	2.9%	12
2015 Q3	$107M	Sell	1,445,848 -110,350	-7%	-$8.49M	2.09%	26
2015 Q2	$121M	Buy	1,556,198 +1,544,017	+12,676%	+$122M	2.01%	32
2015 Q1	$950K	Buy	12,181 +359	+3%	+$29.8K	0.01%	124
2014 Q4	$1.1M	Sell	11,822 -20	-0.2%	-$1.79K	0.02%	116
2014 Q3	$1.04M	Sell	11,842 -4,836	-29%	-$435K	0.01%	118
2014 Q2	$1.58M	Sell	16,678 -20	-0.1%	-$1.8K	0.02%	113
2014 Q1	$1.5M	Sell	16,698 -46,874	-74%	-$4.19M	0.02%	99
2013 Q4	$5.77M	Buy	63,572 +2,441	+4%	+$201K	0.07%	58
2013 Q3	$4.62M	Sell	61,131 -30,365	-33%	-$2.28M	0.06%	67
2013 Q2	$6.84M	Buy	+91,496	New	+$6.51M	0.1%	55

Other funds holding AXP

Berkshire Hathaway Omaha, Nebraska $263B AUM 16.68% 1-Year Est. Return

Vanguard Group Malvern, Pennsylvania $6.9T AUM 27.45% 1-Year Est. Return

BlackRock New York $5.72T AUM 30.48% 1-Year Est. Return

State Street Boston, Massachusetts $2.9T AUM 29.55% 1-Year Est. Return

Dodge & Cox San Francisco, California $182B AUM 14.68% 1-Year Est. Return

Massachusetts Financial Services Boston, Massachusetts $298B AUM 21.96% 1-Year Est. Return

Wellington Management Group Boston, Massachusetts $535B AUM 26.23% 1-Year Est. Return

Barrow, Hanley, Mewhinney & Strauss Dallas, Texas $30.5B AUM 29.95% 1-Year Est. Return

First Eagle Investment Management New York $59B AUM 32.99% 1-Year Est. Return

DSA

Davis Selected Advisers Tucson, Arizona $21.8B AUM 23.45% 1-Year Est. Return

Herndon Capital Management's AXP Position: Q2 2017 in Review

Herndon Capital Management reduced its American Express (AXP) stake by 6.6% in Q2 2017, selling an estimated $1.32M and leaving 236,727 shares worth $19.9M. The position accounts for 3.03% of the portfolio, ranked #5.

Herndon Capital Management first reported a position in AXP in Q2 2013 and has held it in 17 quarters since. The position peaked at $137M in Q4 2015. 1,262 funds tracked by Wall St. Rank hold AXP as of Q2 2017.

Herndon Capital Management held 236,727 shares of American Express worth $19.9M as of Q2 2017.
Herndon Capital Management sold 16,658 American Express shares in Q2 2017, an estimated $1.32M.
American Express made up 3.03% of Herndon Capital Management's portfolio in Q2 2017, its #5 holding.
Herndon Capital Management first reported a position in American Express in Q2 2013 and has held it in 17 quarters since.
Herndon Capital Management's American Express position peaked at $137M in Q4 2015.
1,262 funds tracked by Wall St. Rank held American Express as of Q2 2017.

Based on Herndon Capital Management's 13F filing for Q2 2017, filed 4 Aug 2017.