Nick Train’s American Express AXP Stock Holding History

Nick Train’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
2026 Q2	$2.57M	Sell	7,600 -1,400	-16%	-$448K	0.1%	18
2026 Q1	$2.72M	Sell	9,000 -800	-8%	-$268K	0.09%	16
2025 Q4	$3.63M	Sell	9,800 -400	-4%	-$143K	0.09%	14
2025 Q3	$3.39M	Hold	10,200	–	–	0.08%	15
2025 Q2	$3.25M	Sell	10,200 -1,400	-12%	-$394K	0.08%	16
2025 Q1	$3.12M	Hold	11,600	–	–	0.09%	14
2024 Q4	$3.44M	Hold	11,600	–	–	0.09%	14
2024 Q3	$3.15M	Hold	11,600	–	–	0.07%	13
2024 Q2	$2.68M	Hold	11,600	–	–	0.06%	13
2024 Q1	$2.64M	Hold	11,600	–	–	0.06%	13
2023 Q4	$2.17M	Hold	11,600	–	–	0.04%	15
2023 Q3	$1.73M	Hold	11,600	–	–	0.03%	17
2023 Q2	$2.02M	Hold	11,600	–	–	0.04%	16
2023 Q1	$1.91M	Hold	11,600	–	–	0.03%	14
2022 Q4	$1.71M	Hold	11,600	–	–	0.03%	15
2022 Q3	$1.57M	Hold	11,600	–	–	0.03%	15
2022 Q2	$1.61M	Hold	11,600	–	–	0.03%	16
2022 Q1	$2.17M	Hold	11,600	–	–	0.03%	16
2021 Q4	$1.9M	Hold	11,600	–	–	0.03%	17
2021 Q3	$1.94M	Hold	11,600	–	–	0.03%	15
2021 Q2	$1.92M	Hold	11,600	–	–	0.02%	15
2021 Q1	$1.64M	Hold	11,600	–	–	0.02%	16
2020 Q4	$1.4M	Hold	11,600	–	–	0.02%	17
2020 Q3	$1.16M	Hold	11,600	–	–	0.02%	22
2020 Q2	$1.1M	Buy	+11,600	New	+$1.07M	0.02%	21

Other funds holding AXP

Berkshire Hathaway Omaha, Nebraska $299B AUM 27.55% 1-Year Est. Return

BlackRock New York $6.73T AUM 46.02% 1-Year Est. Return

Vanguard Capital Management Malvern, Pennsylvania $4.68T AUM

State Street Boston, Massachusetts $3.37T AUM 44.26% 1-Year Est. Return

JP Morgan Chase New York $1.81T AUM 41.13% 1-Year Est. Return

Geode Capital Management Boston, Massachusetts $1.88T AUM 44.46% 1-Year Est. Return

Morgan Stanley New York $1.89T AUM 35.08% 1-Year Est. Return

Fisher Asset Management Camas, Washington $336B AUM 34.66% 1-Year Est. Return

Vanguard Portfolio Management Malvern, Pennsylvania $2.22T AUM

Norges Bank Oslo, Norway $1T AUM

Nick Train's AXP Position: Q2 2026 in Review

Nick Train reduced its American Express (AXP) stake by 16% in Q2 2026, selling an estimated $448K and leaving 7,600 shares worth $2.57M. The position accounts for 0.1% of the portfolio, ranked #18.

Nick Train first reported a position in AXP in Q2 2020 and has held it in 25 quarters since. The position peaked at $3.63M in Q4 2025. 2,989 funds tracked by Wall St. Rank hold AXP as of Q2 2026.

Nick Train held 7,600 shares of American Express worth $2.57M as of Q2 2026.
Nick Train sold 1,400 American Express shares in Q2 2026, an estimated $448K.
American Express made up 0.1% of Nick Train's portfolio in Q2 2026, its #18 holding.
Nick Train first reported a position in American Express in Q2 2020 and has held it in 25 quarters since.
Nick Train's American Express position peaked at $3.63M in Q4 2025.
2,989 funds tracked by Wall St. Rank held American Express as of Q2 2026.

Based on Lindsell Train's 13F filing for Q2 2026, filed 15 Jul 2026.