American Express
AXP
1,997 hedge funds and large institutions have $91.4B invested in American Express in 2023 Q3 according to their latest regulatory filings, with 148 funds opening new positions, 746 increasing their positions, 741 reducing their positions, and 166 closing their positions.
1% more repeat investments, than reductions
Existing positions increased: 746 | Existing positions reduced: 741
0.34% less ownership
Funds ownership: 83.38% → 83.04% (-0.34%)
2% less funds holding
Funds holding: 2,043 → 1,997 (-46)
11% less first-time investments, than exits
New positions opened: 148 | Existing positions closed: 166
15% less capital invested
Capital invested by funds: $108B → $91.4B (-$16.6B)
36% less call options, than puts
Call options by funds: $1.22B | Put options by funds: $1.92B
37% less funds holding in top 10
Funds holding in top 10: 51 → 32 (-19)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Boston Partners
Boston,
Massachusetts
|
+$231M |
| 2 |
Harris Associates
Chicago,
Illinois
|
+$173M |
| 3 |
Holocene Advisors
New York
|
+$170M |
| 4 |
Qube Research & Technologies (QRT)
London,
United Kingdom
|
+$151M |
| 5 |
Two Sigma Investments
New York
|
+$126M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
-$455M |
| 2 |
BlackRock
New York
|
-$404M |
| 3 |
Jennison Associates
New York
|
-$315M |
| 4 |
State Street
Boston,
Massachusetts
|
-$214M |
| 5 |
Fisher Asset Management
Camas,
Washington
|
-$178M |
AXP Hedge Fund Activity: Q3 2023 in Review
1,997 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in American Express (AXP) for Q3 2023, worth a combined $91.4B — down 15% from $108B a quarter earlier.
Sellers outnumbered buyers: 166 funds closed out of AXP and 148 opened new positions — a net loss of 18 holders — while 741 trimmed existing stakes and 746 added.
The largest buyer was Boston Partners, opening a new position worth an estimated $231M. The largest seller was Wellington Management Group, cutting an estimated $455M.
- 1,997 institutional investors held American Express (AXP) as of Q3 2023, down from 2,043 in Q2 2023.
- Funds reported $91.4B of American Express stock for Q3 2023, down 15% quarter-over-quarter.
- 148 funds opened new American Express positions in Q3 2023 and 166 closed out, a net change of -18 holders.
- The largest American Express buyer in Q3 2023 was Boston Partners, an estimated $231M added.
- The largest American Express seller in Q3 2023 was Wellington Management Group, an estimated $455M sold.
Based on aggregated 13F filings for Q3 2023.