American Express
AXP
2,186 hedge funds and large institutions have $117B invested in American Express in 2023 Q4 according to their latest regulatory filings, with 333 funds opening new positions, 716 increasing their positions, 807 reducing their positions, and 111 closing their positions.
200% more first-time investments, than exits
New positions opened: 333 | Existing positions closed: 111
84% more funds holding in top 10
Funds holding in top 10: 32 → 59 (+27)
28% more capital invested
Capital invested by funds: $91.4B → $117B (+$25.7B)
9% more funds holding
Funds holding: 1,998 → 2,186 (+188)
2.79% more ownership
Funds ownership: 83.04% → 85.83% (+2.8%)
11% less repeat investments, than reductions
Existing positions increased: 716 | Existing positions reduced: 807
16% less call options, than puts
Call options by funds: $2.01B | Put options by funds: $2.4B
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$2.28B |
| 2 |
Harris Associates
Chicago,
Illinois
|
+$336M |
| 3 |
BlackRock
New York
|
+$231M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
+$175M |
| 5 |
TD Asset Management
Toronto,
Ontario, Canada
|
+$148M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
-$402M |
| 2 |
JP Morgan Chase
New York
|
-$178M |
| 3 |
Qube Research & Technologies (QRT)
London,
United Kingdom
|
-$157M |
| 4 |
Massachusetts Financial Services
Boston,
Massachusetts
|
-$124M |
| 5 |
Norges Bank
Oslo,
Norway
|
-$114M |
AXP Hedge Fund Activity: Q4 2023 in Review
2,186 of the 6,860 institutional investors tracked by Wall St. Rank reported a position in American Express (AXP) for Q4 2023, worth a combined $117B — up 28% from $91.4B a quarter earlier.
Buyers outnumbered sellers: 333 funds opened new AXP positions and 111 closed out — a net gain of 222 holders — while 716 added to existing stakes and 807 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $2.28B. The largest seller was Wellington Management Group, cutting an estimated $402M.
- 2,186 institutional investors held American Express (AXP) as of Q4 2023, up from 1,998 in Q3 2023.
- Funds reported $117B of American Express stock for Q4 2023, up 28% quarter-over-quarter.
- 333 funds opened new American Express positions in Q4 2023 and 111 closed out, a net change of +222 holders.
- The largest American Express buyer in Q4 2023 was Morgan Stanley, an estimated $2.28B added.
- The largest American Express seller in Q4 2023 was Wellington Management Group, an estimated $402M sold.
Based on aggregated 13F filings for Q4 2023.