American Express
AXP
1,317 hedge funds and large institutions have $64.5B invested in American Express in 2015 Q1 according to their latest regulatory filings, with 143 funds opening new positions, 522 increasing their positions, 484 reducing their positions, and 127 closing their positions.
13% more first-time investments, than exits
New positions opened: 143 | Existing positions closed: 127
8% more repeat investments, than reductions
Existing positions increased: 522 | Existing positions reduced: 484
0% less funds holding
Funds holding: 1,318 → 1,317 (-1)
1.19% less ownership
Funds ownership: 82.44% → 81.24% (-1.2%)
19% less capital invested
Capital invested by funds: $79.3B → $64.5B (-$14.7B)
27% less funds holding in top 10
Funds holding in top 10: 63 → 46 (-17)
37% less call options, than puts
Call options by funds: $754M | Put options by funds: $1.2B
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Massachusetts Financial Services
Boston,
Massachusetts
|
+$355M |
| 2 |
First Eagle Investment Management
New York
|
+$317M |
| 3 |
VAM
Veritas Asset Management
London,
United Kingdom
|
+$277M |
| 4 |
Viking Global Investors
Stamford,
Connecticut
|
+$247M |
| 5 |
Neuberger Berman Group
New York
|
+$206M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$1.16B |
| 2 |
Capital World Investors
Los Angeles,
California
|
-$720M |
| 3 |
Winslow Capital Management
Minneapolis,
Minnesota
|
-$367M |
| 4 |
LPU
Lansdowne Partners (UK)
London,
United Kingdom
|
-$325M |
| 5 |
State Street
Boston,
Massachusetts
|
-$317M |
AXP Hedge Fund Activity: Q1 2015 in Review
1,317 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in American Express (AXP) for Q1 2015, worth a combined $64.5B — down 19% from $79.3B a quarter earlier.
Buyers outnumbered sellers: 143 funds opened new AXP positions and 127 closed out — a net gain of 16 holders — while 522 added to existing stakes and 484 trimmed.
The largest buyer was Massachusetts Financial Services, adding an estimated $355M. The largest seller was Fidelity Investments, cutting an estimated $1.16B.
- 1,317 institutional investors held American Express (AXP) as of Q1 2015, down from 1,318 in Q4 2014.
- Funds reported $64.5B of American Express stock for Q1 2015, down 19% quarter-over-quarter.
- 143 funds opened new American Express positions in Q1 2015 and 127 closed out, a net change of +16 holders.
- The largest American Express buyer in Q1 2015 was Massachusetts Financial Services, an estimated $355M added.
- The largest American Express seller in Q1 2015 was Fidelity Investments, an estimated $1.16B sold.
Based on aggregated 13F filings for Q1 2015.