American Express
AXP
1,451 hedge funds and large institutions have $76.6B invested in American Express in 2018 Q3 according to their latest regulatory filings, with 106 funds opening new positions, 436 increasing their positions, 585 reducing their positions, and 74 closing their positions.
43% more first-time investments, than exits
New positions opened: 106 | Existing positions closed: 74
8% more capital invested
Capital invested by funds: $71.1B → $76.6B (+$5.59B)
2% more funds holding
Funds holding: 1,429 → 1,451 (+22)
0.78% less ownership
Funds ownership: 84.47% → 83.69% (-0.78%)
9% less funds holding in top 10
Funds holding in top 10: 47 → 43 (-4)
25% less repeat investments, than reductions
Existing positions increased: 436 | Existing positions reduced: 585
40% less call options, than puts
Call options by funds: $433M | Put options by funds: $726M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$714M |
| 2 |
TP
Third Point
New York
|
+$520M |
| 3 |
JP Morgan Chase
New York
|
+$192M |
| 4 |
Morgan Stanley
New York
|
+$114M |
| 5 |
BlackRock
New York
|
+$109M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
First Eagle Investment Management
New York
|
-$440M |
| 2 |
VAM
Veritas Asset Management
London,
United Kingdom
|
-$407M |
| 3 |
Millennium Management
New York
|
-$170M |
| 4 |
Renaissance Technologies
New York
|
-$128M |
| 5 |
Schroder Investment Management Group
London,
United Kingdom
|
-$127M |
AXP Hedge Fund Activity: Q3 2018 in Review
1,451 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in American Express (AXP) for Q3 2018, worth a combined $76.6B — up 7.9% from $71.1B a quarter earlier.
Buyers outnumbered sellers: 106 funds opened new AXP positions and 74 closed out — a net gain of 32 holders — while 436 added to existing stakes and 585 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $714M. The largest seller was First Eagle Investment Management, cutting an estimated $440M.
- 1,451 institutional investors held American Express (AXP) as of Q3 2018, up from 1,429 in Q2 2018.
- Funds reported $76.6B of American Express stock for Q3 2018, up 7.9% quarter-over-quarter.
- 106 funds opened new American Express positions in Q3 2018 and 74 closed out, a net change of +32 holders.
- The largest American Express buyer in Q3 2018 was Fidelity Investments, an estimated $714M added.
- The largest American Express seller in Q3 2018 was First Eagle Investment Management, an estimated $440M sold.
Based on aggregated 13F filings for Q3 2018.