American Express
AXP
1,293 hedge funds and large institutions have $63.3B invested in American Express in 2015 Q2 according to their latest regulatory filings, with 92 funds opening new positions, 474 increasing their positions, 512 reducing their positions, and 101 closing their positions.
0.45% less ownership
Funds ownership: 81.24% → 80.8% (-0.45%)
2% less capital invested
Capital invested by funds: $64.5B → $63.3B (-$1.21B)
7% less repeat investments, than reductions
Existing positions increased: 474 | Existing positions reduced: 512
9% less first-time investments, than exits
New positions opened: 92 | Existing positions closed: 101
2% less funds holding
Funds holding: 1,317 → 1,293 (-24)
7% less funds holding in top 10
Funds holding in top 10: 46 → 43 (-3)
37% less call options, than puts
Call options by funds: $790M | Put options by funds: $1.26B
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VH
ValueAct Holdings
San Francisco,
California
|
+$881M |
| 2 |
Ameriprise
Minneapolis,
Minnesota
|
+$256M |
| 3 |
Harris Associates
Chicago,
Illinois
|
+$252M |
| 4 |
Grantham, Mayo, Van Otterloo & Co (GMO)
Boston,
Massachusetts
|
+$231M |
| 5 |
Massachusetts Financial Services
Boston,
Massachusetts
|
+$216M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$810M |
| 2 |
Capital World Investors
Los Angeles,
California
|
-$409M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
-$333M |
| 4 |
Wells Fargo
San Francisco,
California
|
-$299M |
| 5 |
Viking Global Investors
Stamford,
Connecticut
|
-$232M |
AXP Hedge Fund Activity: Q2 2015 in Review
1,293 of the 3,712 institutional investors tracked by Wall St. Rank reported a position in American Express (AXP) for Q2 2015, worth a combined $63.3B — down 1.9% from $64.5B a quarter earlier.
Sellers outnumbered buyers: 101 funds closed out of AXP and 92 opened new positions — a net loss of 9 holders — while 512 trimmed existing stakes and 474 added.
The largest buyer was ValueAct Holdings, opening a new position worth an estimated $881M. The largest seller was Fidelity Investments, cutting an estimated $810M.
- 1,293 institutional investors held American Express (AXP) as of Q2 2015, down from 1,317 in Q1 2015.
- Funds reported $63.3B of American Express stock for Q2 2015, down 1.9% quarter-over-quarter.
- 92 funds opened new American Express positions in Q2 2015 and 101 closed out, a net change of -9 holders.
- The largest American Express buyer in Q2 2015 was ValueAct Holdings, an estimated $881M added.
- The largest American Express seller in Q2 2015 was Fidelity Investments, an estimated $810M sold.
Based on aggregated 13F filings for Q2 2015.