American Express
AXP
2,044 hedge funds and large institutions have $108B invested in American Express in 2023 Q2 according to their latest regulatory filings, with 135 funds opening new positions, 732 increasing their positions, 774 reducing their positions, and 128 closing their positions.
5% more first-time investments, than exits
New positions opened: 135 | Existing positions closed: 128
5% more capital invested
Capital invested by funds: $103B → $108B (+$4.93B)
0% less funds holding
Funds holding: 2,053 → 2,044 (-9)
0.79% less ownership
Funds ownership: 84.18% → 83.38% (-0.79%)
5% less repeat investments, than reductions
Existing positions increased: 732 | Existing positions reduced: 774
7% less call options, than puts
Call options by funds: $1.65B | Put options by funds: $1.77B
16% less funds holding in top 10
Funds holding in top 10: 61 → 51 (-10)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Swiss National Bank
Zurich,
Switzerland
|
+$368M |
| 2 |
JP Morgan Chase
New York
|
+$280M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
+$183M |
| 4 |
AllianceBernstein
Nashville,
Tennessee
|
+$159M |
| 5 |
Jennison Associates
New York
|
+$134M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$522M |
| 2 |
EWA
EP Wealth Advisors
Torrance,
California
|
-$368M |
| 3 |
Fisher Asset Management
Camas,
Washington
|
-$208M |
| 4 |
SC
Samlyn Capital
New York
|
-$142M |
| 5 |
Millennium Management
New York
|
-$136M |
AXP Hedge Fund Activity: Q2 2023 in Review
2,044 of the 6,370 institutional investors tracked by Wall St. Rank reported a position in American Express (AXP) for Q2 2023, worth a combined $108B — up 4.8% from $103B a quarter earlier.
Buyers outnumbered sellers: 135 funds opened new AXP positions and 128 closed out — a net gain of 7 holders — while 732 added to existing stakes and 774 trimmed.
The largest buyer was Swiss National Bank, opening a new position worth an estimated $368M. The largest seller was Susquehanna International Group, cutting an estimated $522M.
- 2,044 institutional investors held American Express (AXP) as of Q2 2023, down from 2,053 in Q1 2023.
- Funds reported $108B of American Express stock for Q2 2023, up 4.8% quarter-over-quarter.
- 135 funds opened new American Express positions in Q2 2023 and 128 closed out, a net change of +7 holders.
- The largest American Express buyer in Q2 2023 was Swiss National Bank, an estimated $368M added.
- The largest American Express seller in Q2 2023 was Susquehanna International Group, an estimated $522M sold.
Based on aggregated 13F filings for Q2 2023.