Smead Capital Management’s American Express AXP Stock Holding History

Bought
Maintained
Sold
Quarter Market Value Status Shares Change in
Stake
Trade Value Portfolio Weight Portfolio Position
2026
Q1
$182M Sell
602,643
-165,788
-22% -$55.6M 3.97% 11
2025
Q4
$284M Sell
768,431
-53,421
-7% -$19.1M 5.9% 3
2025
Q3
$273M Sell
821,852
-62,880
-7% -$20M 5.27% 4
2025
Q2
$282M Sell
884,732
-343,542
-28% -$96.7M 5.65% 2
2025
Q1
$330M Sell
1,228,274
-116,157
-9% -$34.3M 5.67% 2
2024
Q4
$399M Sell
1,344,431
-285,049
-17% -$81.9M 6.19% 2
2024
Q3
$442M Buy
1,629,480
+54,958
+3% +$13.7M 6.3% 4
2024
Q2
$365M Sell
1,574,522
-186,321
-11% -$43.2M 5.69% 5
2024
Q1
$401M Buy
1,760,843
+78,581
+5% +$16.3M 6.26% 4
2023
Q4
$315M Sell
1,682,262
-75,946
-4% -$12.2M 5.64% 7
2023
Q3
$262M Sell
1,758,208
-60,484
-3% -$9.89M 5.35% 8
2023
Q2
$317M Sell
1,818,692
-24,480
-1% -$3.95M 6.29% 5
2023
Q1
$304M Buy
1,843,172
+47,107
+3% +$7.81M 6.06% 4
2022
Q4
$265M Buy
1,796,065
+153,807
+9% +$22.8M 5.68% 7
2022
Q3
$222M Buy
1,642,258
+26,037
+2% +$3.94M 5.76% 5
2022
Q2
$224M Buy
1,616,221
+104,948
+7% +$17.3M 5.73% 5
2022
Q1
$283M Buy
1,511,273
+219,130
+17% +$39.6M 6.55% 3
2021
Q4
$211M Buy
1,292,143
+218,497
+20% +$37.3M 5.5% 4
2021
Q3
$180M Buy
1,073,646
+26,716
+3% +$4.47M 6.15% 2
2021
Q2
$173M Buy
1,046,930
+111,500
+12% +$17.5M 6.06% 3
2021
Q1
$132M Buy
935,430
+83,166
+10% +$11M 5.82% 2
2020
Q4
$103M Sell
852,264
-23,317
-3% -$2.58M 5.96% 4
2020
Q3
$87.8M Sell
875,581
-85,439
-9% -$8.41M 5.56% 5
2020
Q2
$91.5M Sell
961,020
-74,655
-7% -$6.87M 5.77% 4
2020
Q1
$88.7M Sell
1,035,675
-36,808
-3% -$4.28M 6.29% 5
2019
Q4
$134M Buy
1,072,483
+15,819
+1% +$1.89M 5.94% 5
2019
Q3
$125M Sell
1,056,664
-30,583
-3% -$3.75M 6.11% 3
2019
Q2
$134M Sell
1,087,247
-34,499
-3% -$4.05M 6.46% 3
2019
Q1
$123M Sell
1,121,746
-25,703
-2% -$2.7M 6.22% 4
2018
Q4
$109M Sell
1,147,449
-55,611
-5% -$5.82M 5.72% 5
2018
Q3
$128M Sell
1,203,060
-32,347
-3% -$3.36M 5.79% 5
2018
Q2
$121M Sell
1,235,407
-22,621
-2% -$2.22M 5.76% 3
2018
Q1
$117M Sell
1,258,028
-1,438
-0.1% -$139K 5.68% 3
2017
Q4
$125M Sell
1,259,466
-58,963
-4% -$5.62M 5.7% 4
2017
Q3
$119M Sell
1,318,429
-17,854
-1% -$1.53M 5.68% 4
2017
Q2
$113M Sell
1,336,283
-31,967
-2% -$2.53M 5.43% 5
2017
Q1
$108M Sell
1,368,250
-26,892
-2% -$2.1M 5.45% 6
2016
Q4
$103M Sell
1,395,142
-182,194
-12% -$12.6M 5.24% 6
2016
Q3
$101M Sell
1,577,336
-97,218
-6% -$6.25M 4.81% 8
2016
Q2
$102M Buy
1,674,554
+77,520
+5% +$4.91M 4.78% 7
2016
Q1
$98.1M Sell
1,597,034
-103,322
-6% -$6.01M 4.24% 8
2015
Q4
$98.8M Buy
1,700,356
+403,229
+31% +$29.3M 4.41% 7
2015
Q3
$96.2M Buy
1,297,127
+897,320
+224% +$69M 5.13% 5
2015
Q2
$31.1M Buy
+399,807
New +$31.7M 2.03% 22

Other funds holding AXP

Smead Capital Management's AXP Position: Q1 2026 in Review

Smead Capital Management reduced its American Express (AXP) stake by 22% in Q1 2026, selling an estimated $55.6M and leaving 602,643 shares worth $182M. The position accounts for 3.97% of the portfolio, ranked #11.

Smead Capital Management first reported a position in AXP in Q2 2015 and has held it in 44 quarters since. The position peaked at $442M in Q3 2024. 2,888 funds tracked by Wall St. Rank hold AXP as of Q1 2026.

  • Smead Capital Management held 602,643 shares of American Express worth $182M as of Q1 2026.
  • Smead Capital Management sold 165,788 American Express shares in Q1 2026, an estimated $55.6M.
  • American Express made up 3.97% of Smead Capital Management's portfolio in Q1 2026, its #11 holding.
  • Smead Capital Management first reported a position in American Express in Q2 2015 and has held it in 44 quarters since.
  • Smead Capital Management's American Express position peaked at $442M in Q3 2024.
  • 2,888 funds tracked by Wall St. Rank held American Express as of Q1 2026.

Based on Smead Capital Management's 13F filing for Q1 2026, filed 14 May 2026.