American Express
AXP
2,308 hedge funds and large institutions have $139B invested in American Express in 2024 Q1 according to their latest regulatory filings, with 246 funds opening new positions, 763 increasing their positions, 898 reducing their positions, and 96 closing their positions.
156% more first-time investments, than exits
New positions opened: 246 | Existing positions closed: 96
29% more funds holding in top 10
Funds holding in top 10: 59 → 76 (+17)
19% more capital invested
Capital invested by funds: $117B → $139B (+$22.3B)
6% more funds holding
Funds holding: 2,186 → 2,308 (+122)
4% less call options, than puts
Call options by funds: $2.54B | Put options by funds: $2.64B
1.14% less ownership
Funds ownership: 85.83% → 84.69% (-1.1%)
15% less repeat investments, than reductions
Existing positions increased: 763 | Existing positions reduced: 898
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
+$864M |
| 2 |
AIM
Alphinity Investment Management
Sydney,
Australia
|
+$395M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
+$357M |
| 4 |
Barclays
London,
United Kingdom
|
+$206M |
| 5 |
Jane Street
New York
|
+$171M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$2.88B |
| 2 |
AllianceBernstein
Nashville,
Tennessee
|
-$333M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
-$310M |
| 4 |
Holocene Advisors
New York
|
-$239M |
| 5 |
BlackRock
New York
|
-$217M |
AXP Hedge Fund Activity: Q1 2024 in Review
2,308 of the 6,943 institutional investors tracked by Wall St. Rank reported a position in American Express (AXP) for Q1 2024, worth a combined $139B — up 19% from $117B a quarter earlier.
Buyers outnumbered sellers: 246 funds opened new AXP positions and 96 closed out — a net gain of 150 holders — while 763 added to existing stakes and 898 trimmed.
The largest buyer was Wellington Management Group, adding an estimated $864M. The largest seller was Morgan Stanley, cutting an estimated $2.88B.
- 2,308 institutional investors held American Express (AXP) as of Q1 2024, up from 2,186 in Q4 2023.
- Funds reported $139B of American Express stock for Q1 2024, up 19% quarter-over-quarter.
- 246 funds opened new American Express positions in Q1 2024 and 96 closed out, a net change of +150 holders.
- The largest American Express buyer in Q1 2024 was Wellington Management Group, an estimated $864M added.
- The largest American Express seller in Q1 2024 was Morgan Stanley, an estimated $2.88B sold.
Based on aggregated 13F filings for Q1 2024.