American Express
AXP
1,254 hedge funds and large institutions have $59.1B invested in American Express in 2017 Q1 according to their latest regulatory filings, with 102 funds opening new positions, 389 increasing their positions, 549 reducing their positions, and 87 closing their positions.
17% more first-time investments, than exits
New positions opened: 102 | Existing positions closed: 87
5% more capital invested
Capital invested by funds: $56.2B → $59.1B (+$2.98B)
0.4% more ownership
Funds ownership: 82.71% → 83.11% (+0.4%)
0% less funds holding
Funds holding: 1,257 → 1,254 (-3)
7% less funds holding in top 10
Funds holding in top 10: 46 → 43 (-3)
17% less call options, than puts
Call options by funds: $731M | Put options by funds: $875M
29% less repeat investments, than reductions
Existing positions increased: 389 | Existing positions reduced: 549
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$3.33B |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
+$240M |
| 3 |
JP Morgan Chase
New York
|
+$139M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$97.5M |
| 5 |
Adage Capital Partners
Boston,
Massachusetts
|
+$93.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$221M |
| 2 |
FPA
First Pacific Advisors
El Segundo,
California
|
-$188M |
| 3 |
MC
Maverick Capital
Dallas,
Texas
|
-$182M |
| 4 |
Goldman Sachs
New York
|
-$163M |
| 5 |
Grantham, Mayo, Van Otterloo & Co (GMO)
Boston,
Massachusetts
|
-$108M |
AXP Hedge Fund Activity: Q1 2017 in Review
1,254 of the 4,018 institutional investors tracked by Wall St. Rank reported a position in American Express (AXP) for Q1 2017, worth a combined $59.1B — up 5.3% from $56.2B a quarter earlier.
Buyers outnumbered sellers: 102 funds opened new AXP positions and 87 closed out — a net gain of 15 holders — while 389 added to existing stakes and 549 trimmed.
The largest buyer was BlackRock, adding an estimated $3.33B. The largest seller was T. Rowe Price Associates, cutting an estimated $221M.
- 1,254 institutional investors held American Express (AXP) as of Q1 2017, down from 1,257 in Q4 2016.
- Funds reported $59.1B of American Express stock for Q1 2017, up 5.3% quarter-over-quarter.
- 102 funds opened new American Express positions in Q1 2017 and 87 closed out, a net change of +15 holders.
- The largest American Express buyer in Q1 2017 was BlackRock, an estimated $3.33B added.
- The largest American Express seller in Q1 2017 was T. Rowe Price Associates, an estimated $221M sold.
Based on aggregated 13F filings for Q1 2017.