Institutional Capital’s American Express AXP Stock Holding History

Institutional Capital’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
2016 Q4	$228M	Sell	3,076,935 -529,511	-15%	-$36.7M	3.38%	11
2016 Q3	$231M	Sell	3,606,446 -734,807	-17%	-$47.2M	3.18%	13
2016 Q2	$264M	Sell	4,341,253 -619,156	-12%	-$39.2M	3.23%	12
2016 Q1	$305M	Sell	4,960,409 -144,472	-3%	-$8.4M	3.24%	12
2015 Q4	$355M	Buy	5,104,881 +247,506	+5%	+$18M	3.08%	16
2015 Q3	$360M	Buy	4,857,375 +3,443,607	+244%	+$265M	3.01%	13
2015 Q2	$110M	Buy	+1,413,768	New	+$112M	0.77%	36

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

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

BIT

BlackRock Institutional Trust San Francisco, California $675B AUM 16.07% 1-Year Est. Return

Massachusetts Financial Services Boston, Massachusetts $298B AUM 21.96% 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

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

DSA

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

Institutional Capital's AXP Position: Q4 2016 in Review

Institutional Capital reduced its American Express (AXP) stake by 15% in Q4 2016, selling an estimated $36.7M and leaving 3,076,935 shares worth $228M. The position accounts for 3.38% of the portfolio, ranked #11.

Institutional Capital first reported a position in AXP in Q2 2015 and has held it in 7 quarters since. The position peaked at $360M in Q3 2015. 1,256 funds tracked by Wall St. Rank hold AXP as of Q4 2016.

Institutional Capital held 3,076,935 shares of American Express worth $228M as of Q4 2016.
Institutional Capital sold 529,511 American Express shares in Q4 2016, an estimated $36.7M.
American Express made up 3.38% of Institutional Capital's portfolio in Q4 2016, its #11 holding.
Institutional Capital first reported a position in American Express in Q2 2015 and has held it in 7 quarters since.
Institutional Capital's American Express position peaked at $360M in Q3 2015.
1,256 funds tracked by Wall St. Rank held American Express as of Q4 2016.

Based on Institutional Capital's 13F filing for Q4 2016, filed 2 Feb 2017.