American Express
AXP
1,430 hedge funds and large institutions have $72.3B invested in American Express in 2017 Q4 according to their latest regulatory filings, with 195 funds opening new positions, 412 increasing their positions, 549 reducing their positions, and 55 closing their positions.
255% more first-time investments, than exits
New positions opened: 195 | Existing positions closed: 55
10% more funds holding
Funds holding: 1,299 → 1,430 (+131)
9% more capital invested
Capital invested by funds: $66.6B → $72.3B (+$5.66B)
0.71% more ownership
Funds ownership: 83.3% → 84.01% (+0.71%)
20% less funds holding in top 10
Funds holding in top 10: 59 → 47 (-12)
25% less repeat investments, than reductions
Existing positions increased: 412 | Existing positions reduced: 549
36% less call options, than puts
Call options by funds: $577M | Put options by funds: $905M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$193M |
| 2 |
UBS AM
Chicago,
Illinois
|
+$187M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
+$164M |
| 4 |
Millennium Management
New York
|
+$126M |
| 5 |
HSBC Holdings
London,
United Kingdom
|
+$107M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DSA
Davis Selected Advisers
Tucson,
Arizona
|
-$297M |
| 2 |
Balyasny Asset Management
Chicago,
Illinois
|
-$253M |
| 3 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$173M |
| 4 |
O
OppenheimerFunds
New York
|
-$165M |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$157M |
AXP Hedge Fund Activity: Q4 2017 in Review
1,430 of the 4,410 institutional investors tracked by Wall St. Rank reported a position in American Express (AXP) for Q4 2017, worth a combined $72.3B — up 8.5% from $66.6B a quarter earlier.
Buyers outnumbered sellers: 195 funds opened new AXP positions and 55 closed out — a net gain of 140 holders — while 412 added to existing stakes and 549 trimmed.
The largest buyer was Deutsche Bank, adding an estimated $193M. The largest seller was Davis Selected Advisers, cutting an estimated $297M.
- 1,430 institutional investors held American Express (AXP) as of Q4 2017, up from 1,299 in Q3 2017.
- Funds reported $72.3B of American Express stock for Q4 2017, up 8.5% quarter-over-quarter.
- 195 funds opened new American Express positions in Q4 2017 and 55 closed out, a net change of +140 holders.
- The largest American Express buyer in Q4 2017 was Deutsche Bank, an estimated $193M added.
- The largest American Express seller in Q4 2017 was Davis Selected Advisers, an estimated $297M sold.
Based on aggregated 13F filings for Q4 2017.