American Express
AXP
1,581 hedge funds and large institutions have $82.4B invested in American Express in 2019 Q3 according to their latest regulatory filings, with 106 funds opening new positions, 536 increasing their positions, 608 reducing their positions, and 95 closing their positions.
12% more first-time investments, than exits
New positions opened: 106 | Existing positions closed: 95
0% more funds holding
Funds holding: 1,580 → 1,581 (+1)
0.92% less ownership
Funds ownership: 84.96% → 84.05% (-0.92%)
6% less capital invested
Capital invested by funds: $87.4B → $82.4B (-$4.99B)
12% less repeat investments, than reductions
Existing positions increased: 536 | Existing positions reduced: 608
23% less funds holding in top 10
Funds holding in top 10: 71 → 55 (-16)
36% less call options, than puts
Call options by funds: $530M | Put options by funds: $832M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
+$574M |
| 2 |
BlackRock
New York
|
+$302M |
| 3 |
Fisher Asset Management
Camas,
Washington
|
+$276M |
| 4 |
Renaissance Technologies
New York
|
+$240M |
| 5 |
D.E. Shaw & Co
New York
|
+$171M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MAM
Magellan Asset Management
Sydney,
Australia
|
-$1.13B |
| 2 |
Dodge & Cox
San Francisco,
California
|
-$569M |
| 3 |
VAM
Veritas Asset Management
London,
United Kingdom
|
-$558M |
| 4 |
ECU
Egerton Capital (UK)
London,
United Kingdom
|
-$555M |
| 5 |
Barrow, Hanley, Mewhinney & Strauss
Dallas,
Texas
|
-$328M |
AXP Hedge Fund Activity: Q3 2019 in Review
1,581 of the 4,561 institutional investors tracked by Wall St. Rank reported a position in American Express (AXP) for Q3 2019, worth a combined $82.4B — down 5.7% from $87.4B a quarter earlier.
Buyers outnumbered sellers: 106 funds opened new AXP positions and 95 closed out — a net gain of 11 holders — while 536 added to existing stakes and 608 trimmed.
The largest buyer was Wellington Management Group, adding an estimated $574M. The largest seller was Magellan Asset Management, cutting an estimated $1.13B.
- 1,581 institutional investors held American Express (AXP) as of Q3 2019, up from 1,580 in Q2 2019.
- Funds reported $82.4B of American Express stock for Q3 2019, down 5.7% quarter-over-quarter.
- 106 funds opened new American Express positions in Q3 2019 and 95 closed out, a net change of +11 holders.
- The largest American Express buyer in Q3 2019 was Wellington Management Group, an estimated $574M added.
- The largest American Express seller in Q3 2019 was Magellan Asset Management, an estimated $1.13B sold.
Based on aggregated 13F filings for Q3 2019.