American Express
AXP
1,116 hedge funds and large institutions have $67.2B invested in American Express in 2013 Q3 according to their latest regulatory filings, with 80 funds opening new positions, 367 increasing their positions, 487 reducing their positions, and 47 closing their positions.
70% more first-time investments, than exits
New positions opened: 80 | Existing positions closed: 47
2% more funds holding
Funds holding: 1,094 → 1,116 (+22)
0.19% less ownership
Funds ownership: 82.72% → 82.53% (-0.19%)
1% less capital invested
Capital invested by funds: $67.9B → $67.2B (-$646M)
15% less call options, than puts
Call options by funds: $501M | Put options by funds: $593M
24% less funds holding in top 10
Funds holding in top 10: 72 → 55 (-17)
25% less repeat investments, than reductions
Existing positions increased: 367 | Existing positions reduced: 487
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AllianceBernstein
Nashville,
Tennessee
|
+$332M |
| 2 |
LPC
Lone Pine Capital
Greenwich,
Connecticut
|
+$190M |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$93.7M |
| 4 |
BNP Paribas Financial Markets
Paris,
France
|
+$80.8M |
| 5 |
JHIU
Janus Henderson Investors US
Denver,
Colorado
|
+$80.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
-$324M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$274M |
| 3 |
TCIM
TIAA CREF Investment Management
New York
|
-$243M |
| 4 |
Norges Bank
Oslo,
Norway
|
-$206M |
| 5 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$194M |
AXP Hedge Fund Activity: Q3 2013 in Review
1,116 of the 3,085 institutional investors tracked by Wall St. Rank reported a position in American Express (AXP) for Q3 2013, worth a combined $67.2B — down 0.95% from $67.9B a quarter earlier.
Buyers outnumbered sellers: 80 funds opened new AXP positions and 47 closed out — a net gain of 33 holders — while 367 added to existing stakes and 487 trimmed.
The largest buyer was AllianceBernstein, adding an estimated $332M. The largest seller was Goldman Sachs, cutting an estimated $324M.
- 1,116 institutional investors held American Express (AXP) as of Q3 2013, up from 1,094 in Q2 2013.
- Funds reported $67.2B of American Express stock for Q3 2013, down 0.95% quarter-over-quarter.
- 80 funds opened new American Express positions in Q3 2013 and 47 closed out, a net change of +33 holders.
- The largest American Express buyer in Q3 2013 was AllianceBernstein, an estimated $332M added.
- The largest American Express seller in Q3 2013 was Goldman Sachs, an estimated $324M sold.
Based on aggregated 13F filings for Q3 2013.