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American Express

1,200 hedge funds and large institutions have $48.3B invested in American Express in 2016 Q1 according to their latest regulatory filings, with 94 funds opening new positions, 449 increasing their positions, 490 reducing their positions, and 154 closing their positions.

New
Increased
Maintained
Reduced
Closed

2.29% more ownership

Funds ownership: 82.01%84.3% (+2.3%)

8% less repeat investments, than reductions

Existing positions increased: 449 | Existing positions reduced: 490

6% less funds holding

Funds holding: 1,2741,200 (-74)

13% less capital invested

Capital invested by funds: $55.8B → $48.3B (-$7.48B)

15% less call options, than puts

Call options by funds: $760M | Put options by funds: $894M

16% less funds holding in top 10

Funds holding in top 10: 3832 (-6)

39% less first-time investments, than exits

New positions opened: 94 | Existing positions closed: 154

Holders
1,200
Holders Change
-74
Holders Change %
-5.81%
% of All Funds
31.97%
Holding in Top 10
32
Holding in Top 10 Change
-6
Holding in Top 10 Change %
-15.79%
% of All Funds
0.85%
New
94
Increased
449
Reduced
490
Closed
154
Calls
$760M
Puts
$894M
Net Calls
-$133M
Net Calls Change
-$117M
Name Holding Trade Value Shares
Change
Change in
Stake
California Public Employees Retirement System
51
California Public Employees Retirement System
California
$153M +$960K +16,500 +0.7%
Axa
52
Axa
France
$152M +$31.4M +540,049 +28%
Sumitomo Mitsui Trust Group
53
Sumitomo Mitsui Trust Group
Japan
$150M -$6.56M -112,747 -4%
Charles Schwab
54
Charles Schwab
California
$148M +$2.4M +41,243 +2%
HL
55
Harding Loevner
New Jersey
$148M -$3.33M -57,162 -2%
New York State Common Retirement Fund
56
New York State Common Retirement Fund
New York
$145M -$4.92M -84,500 -3%
Mitsubishi UFJ Trust & Banking
57
Mitsubishi UFJ Trust & Banking
Japan
$143M -$3.29M -56,554 -2%
GF
58
Gabelli Funds
New York
$135M +$1.73M +29,800 +1%
FI
59
Focused Investors
California
$128M -$2.65M -45,500 -2%
JHC
60
JFB Holdings Corp
Georgia
$125M +$24.6M +423,554 +26%
American Century Companies
61
American Century Companies
Missouri
$124M +$69.3M +1,192,060 +143%
CS
62
Credit Suisse
Switzerland
$123M +$6.25M +107,448 +6%
BIM
63
BlackRock Investment Management
Delaware
$118M -$3.66M -62,841 -3%
Deutsche Bank
64
Deutsche Bank
Germany
$115M -$78M -1,340,676 -42%
PNC Financial Services Group
65
PNC Financial Services Group
Pennsylvania
$114M -$8.95M -153,904 -8%
Capital Fund Management (CFM)
66
Capital Fund Management (CFM)
France
$110M +$104M +1,791,450 New
California State Teachers Retirement System (CalSTRS)
67
California State Teachers Retirement System (CalSTRS)
California
$109M +$8.12M +139,552 +8%
HCM
68
Herndon Capital Management
Georgia
$105M -$15.5M -266,660 -13%
BA
69
BlackRock Advisors
Delaware
$105M -$2.78M -47,852 -3%
TA
70
Teachers Advisors
New York
$104M +$11.1M +191,083 +13%
BlackRock
71
BlackRock
New York
$103M -$19.4M -333,373 -17%
New York State Teachers Retirement System (NYSTRS)
72
New York State Teachers Retirement System (NYSTRS)
New York
$99.3M -$1.26M -21,731 -1%
Parnassus Investments
73
Parnassus Investments
California
$98.2M +$11.6M +200,000 +14%
SCM
74
Smead Capital Management
Arizona
$98.1M -$6.01M -103,322 -6%
APG Asset Management
75
APG Asset Management
Netherlands
$97.2M +$61M +1,047,800 +196%

AXP Hedge Fund Activity: Q1 2016 in Review

1,200 of the 3,754 institutional investors tracked by Wall St. Rank reported a position in American Express (AXP) for Q1 2016, worth a combined $48.3B — down 13% from $55.8B a quarter earlier.

Sellers outnumbered buyers: 154 funds closed out of AXP and 94 opened new positions — a net loss of 60 holders — while 490 trimmed existing stakes and 449 added.

The largest buyer was Wellington Management Group, adding an estimated $730M. The largest seller was Capital World Investors, exiting entirely with an estimated $1.42B sold.

  • 1,200 institutional investors held American Express (AXP) as of Q1 2016, down from 1,274 in Q4 2015.
  • Funds reported $48.3B of American Express stock for Q1 2016, down 13% quarter-over-quarter.
  • 94 funds opened new American Express positions in Q1 2016 and 154 closed out, a net change of -60 holders.
  • The largest American Express buyer in Q1 2016 was Wellington Management Group, an estimated $730M added.
  • The largest American Express seller in Q1 2016 was Capital World Investors, an estimated $1.42B sold.

Based on aggregated 13F filings for Q1 2016.