American Express
AXP
1,263 hedge funds and large institutions have $62.5B invested in American Express in 2017 Q2 according to their latest regulatory filings, with 90 funds opening new positions, 395 increasing their positions, 543 reducing their positions, and 71 closing their positions.
27% more first-time investments, than exits
New positions opened: 90 | Existing positions closed: 71
21% more funds holding in top 10
Funds holding in top 10: 43 → 52 (+9)
6% more capital invested
Capital invested by funds: $59.1B → $62.5B (+$3.39B)
1% more funds holding
Funds holding: 1,254 → 1,263 (+9)
0.02% less ownership
Funds ownership: 83.11% → 83.09% (-0.02%)
27% less repeat investments, than reductions
Existing positions increased: 395 | Existing positions reduced: 543
28% less call options, than puts
Call options by funds: $668M | Put options by funds: $922M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VAM
Veritas Asset Management
London,
United Kingdom
|
+$107M |
| 2 |
Renaissance Technologies
New York
|
+$95.4M |
| 3 |
Alyeska Investment Group
Chicago,
Illinois
|
+$88.8M |
| 4 |
Canada Pension Plan Investment Board
Toronto Ontario,
Ontario, Canada
|
+$85.2M |
| 5 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$70.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FMI
Fiduciary Management Inc
Milwaukee,
Wisconsin
|
-$299M |
| 2 |
Goldman Sachs
New York
|
-$184M |
| 3 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$122M |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$69.9M |
| 5 |
State Street
Boston,
Massachusetts
|
-$65.4M |
AXP Hedge Fund Activity: Q2 2017 in Review
1,263 of the 4,012 institutional investors tracked by Wall St. Rank reported a position in American Express (AXP) for Q2 2017, worth a combined $62.5B — up 5.7% from $59.1B a quarter earlier.
Buyers outnumbered sellers: 90 funds opened new AXP positions and 71 closed out — a net gain of 19 holders — while 395 added to existing stakes and 543 trimmed.
The largest buyer was Veritas Asset Management, adding an estimated $107M. The largest seller was Fiduciary Management Inc, exiting entirely with an estimated $299M sold.
- 1,263 institutional investors held American Express (AXP) as of Q2 2017, up from 1,254 in Q1 2017.
- Funds reported $62.5B of American Express stock for Q2 2017, up 5.7% quarter-over-quarter.
- 90 funds opened new American Express positions in Q2 2017 and 71 closed out, a net change of +19 holders.
- The largest American Express buyer in Q2 2017 was Veritas Asset Management, an estimated $107M added.
- The largest American Express seller in Q2 2017 was Fiduciary Management Inc, an estimated $299M sold.
Based on aggregated 13F filings for Q2 2017.