American Express
AXP
1,236 hedge funds and large institutions have $75.1B invested in American Express in 2014 Q3 according to their latest regulatory filings, with 85 funds opening new positions, 446 increasing their positions, 478 reducing their positions, and 57 closing their positions.
49% more first-time investments, than exits
New positions opened: 85 | Existing positions closed: 57
1% more funds holding
Funds holding: 1,218 → 1,236 (+18)
7% less repeat investments, than reductions
Existing positions increased: 446 | Existing positions reduced: 478
1.49% less ownership
Funds ownership: 83.5% → 82.01% (-1.5%)
11% less capital invested
Capital invested by funds: $84.4B → $75.1B (-$9.32B)
25% less funds holding in top 10
Funds holding in top 10: 67 → 50 (-17)
31% less call options, than puts
Call options by funds: $463M | Put options by funds: $671M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
+$141M |
| 2 |
Morgan Stanley
New York
|
+$130M |
| 3 |
Millennium Management
New York
|
+$110M |
| 4 |
LPU
Lansdowne Partners (UK)
London,
United Kingdom
|
+$85.4M |
| 5 |
CA
Commerzbank Aktiengesellschaft
Frankfurt,
Germany
|
+$65.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital World Investors
Los Angeles,
California
|
-$754M |
| 2 |
Norges Bank
Oslo,
Norway
|
-$698M |
| 3 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$655M |
| 4 |
Wells Fargo
San Francisco,
California
|
-$245M |
| 5 |
MAM
Magellan Asset Management
Sydney,
Australia
|
-$174M |
AXP Hedge Fund Activity: Q3 2014 in Review
1,236 of the 3,447 institutional investors tracked by Wall St. Rank reported a position in American Express (AXP) for Q3 2014, worth a combined $75.1B — down 11% from $84.4B a quarter earlier.
Buyers outnumbered sellers: 85 funds opened new AXP positions and 57 closed out — a net gain of 28 holders — while 446 added to existing stakes and 478 trimmed.
The largest buyer was Citadel Advisors, adding an estimated $141M. The largest seller was Capital World Investors, cutting an estimated $754M.
- 1,236 institutional investors held American Express (AXP) as of Q3 2014, up from 1,218 in Q2 2014.
- Funds reported $75.1B of American Express stock for Q3 2014, down 11% quarter-over-quarter.
- 85 funds opened new American Express positions in Q3 2014 and 57 closed out, a net change of +28 holders.
- The largest American Express buyer in Q3 2014 was Citadel Advisors, an estimated $141M added.
- The largest American Express seller in Q3 2014 was Capital World Investors, an estimated $754M sold.
Based on aggregated 13F filings for Q3 2014.