American Express
AXP
1,583 hedge funds and large institutions have $77.6B invested in American Express in 2019 Q1 according to their latest regulatory filings, with 156 funds opening new positions, 520 increasing their positions, 606 reducing their positions, and 77 closing their positions.
103% more first-time investments, than exits
New positions opened: 156 | Existing positions closed: 77
13% more capital invested
Capital invested by funds: $68.4B → $77.6B (+$9.19B)
4% more funds holding
Funds holding: 1,524 → 1,583 (+59)
0.3% more ownership
Funds ownership: 84.44% → 84.75% (+0.3%)
9% less funds holding in top 10
Funds holding in top 10: 58 → 53 (-5)
14% less repeat investments, than reductions
Existing positions increased: 520 | Existing positions reduced: 606
34% less call options, than puts
Call options by funds: $483M | Put options by funds: $735M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$178M |
| 2 |
ECU
Egerton Capital (UK)
London,
United Kingdom
|
+$153M |
| 3 |
Bessemer Group
Woodbridge,
New Jersey
|
+$117M |
| 4 |
TP
Theleme Partners
London,
United Kingdom
|
+$110M |
| 5 |
JP Morgan Chase
New York
|
+$102M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Dodge & Cox
San Francisco,
California
|
-$239M |
| 2 |
Massachusetts Financial Services
Boston,
Massachusetts
|
-$225M |
| 3 |
BlackRock
New York
|
-$169M |
| 4 |
TP
Third Point
New York
|
-$147M |
| 5 |
Invesco
Atlanta,
Georgia
|
-$144M |
AXP Hedge Fund Activity: Q1 2019 in Review
1,583 of the 4,620 institutional investors tracked by Wall St. Rank reported a position in American Express (AXP) for Q1 2019, worth a combined $77.6B — up 13% from $68.4B a quarter earlier.
Buyers outnumbered sellers: 156 funds opened new AXP positions and 77 closed out — a net gain of 79 holders — while 520 added to existing stakes and 606 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $178M. The largest seller was Dodge & Cox, cutting an estimated $239M.
- 1,583 institutional investors held American Express (AXP) as of Q1 2019, up from 1,524 in Q4 2018.
- Funds reported $77.6B of American Express stock for Q1 2019, up 13% quarter-over-quarter.
- 156 funds opened new American Express positions in Q1 2019 and 77 closed out, a net change of +79 holders.
- The largest American Express buyer in Q1 2019 was Fidelity Investments, an estimated $178M added.
- The largest American Express seller in Q1 2019 was Dodge & Cox, an estimated $239M sold.
Based on aggregated 13F filings for Q1 2019.