American Express
AXP
1,279 hedge funds and large institutions have $60.1B invested in American Express in 2015 Q3 according to their latest regulatory filings, with 75 funds opening new positions, 437 increasing their positions, 558 reducing their positions, and 79 closing their positions.
19% more call options, than puts
Call options by funds: $1.43B | Put options by funds: $1.2B
12% more funds holding in top 10
Funds holding in top 10: 43 → 48 (+5)
0.89% more ownership
Funds ownership: 80.8% → 81.69% (+0.89%)
5% less first-time investments, than exits
New positions opened: 75 | Existing positions closed: 79
1% less funds holding
Funds holding: 1,293 → 1,279 (-14)
5% less capital invested
Capital invested by funds: $63.3B → $60.1B (-$3.19B)
22% less repeat investments, than reductions
Existing positions increased: 437 | Existing positions reduced: 558
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
+$536M |
| 2 |
Dodge & Cox
San Francisco,
California
|
+$355M |
| 3 |
IC
Institutional Capital
Chicago,
Illinois
|
+$265M |
| 4 |
TCI Fund Management
London,
United Kingdom
|
+$206M |
| 5 |
Harris Associates
Chicago,
Illinois
|
+$206M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital World Investors
Los Angeles,
California
|
-$809M |
| 2 |
Grantham, Mayo, Van Otterloo & Co (GMO)
Boston,
Massachusetts
|
-$357M |
| 3 |
DSA
Davis Selected Advisers
Tucson,
Arizona
|
-$240M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
-$227M |
| 5 |
SGA
Sustainable Growth Advisers
Stamford,
Connecticut
|
-$167M |
AXP Hedge Fund Activity: Q3 2015 in Review
1,279 of the 3,582 institutional investors tracked by Wall St. Rank reported a position in American Express (AXP) for Q3 2015, worth a combined $60.1B — down 5% from $63.3B a quarter earlier.
Sellers outnumbered buyers: 79 funds closed out of AXP and 75 opened new positions — a net loss of 4 holders — while 558 trimmed existing stakes and 437 added.
The largest buyer was Wellington Management Group, adding an estimated $536M. The largest seller was Capital World Investors, cutting an estimated $809M.
- 1,279 institutional investors held American Express (AXP) as of Q3 2015, down from 1,293 in Q2 2015.
- Funds reported $60.1B of American Express stock for Q3 2015, down 5% quarter-over-quarter.
- 75 funds opened new American Express positions in Q3 2015 and 79 closed out, a net change of -4 holders.
- The largest American Express buyer in Q3 2015 was Wellington Management Group, an estimated $536M added.
- The largest American Express seller in Q3 2015 was Capital World Investors, an estimated $809M sold.
Based on aggregated 13F filings for Q3 2015.