American Express
AXP
1,580 hedge funds and large institutions have $87.4B invested in American Express in 2019 Q2 according to their latest regulatory filings, with 108 funds opening new positions, 501 increasing their positions, 635 reducing their positions, and 88 closing their positions.
34% more funds holding in top 10
Funds holding in top 10: 53 → 71 (+18)
23% more first-time investments, than exits
New positions opened: 108 | Existing positions closed: 88
13% more capital invested
Capital invested by funds: $77.6B → $87.4B (+$9.8B)
0.22% more ownership
Funds ownership: 84.75% → 84.96% (+0.22%)
0% less funds holding
Funds holding: 1,584 → 1,580 (-4)
21% less repeat investments, than reductions
Existing positions increased: 501 | Existing positions reduced: 635
31% less call options, than puts
Call options by funds: $557M | Put options by funds: $805M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MAM
Magellan Asset Management
Sydney,
Australia
|
+$1.12B |
| 2 |
N
Nuveen
Charlotte,
North Carolina
|
+$774M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
+$407M |
| 4 |
Wellington Management Group
Boston,
Massachusetts
|
+$278M |
| 5 |
JP Morgan Chase
New York
|
+$154M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Dodge & Cox
San Francisco,
California
|
-$516M |
| 2 |
VAM
Veritas Asset Management
London,
United Kingdom
|
-$238M |
| 3 |
First Eagle Investment Management
New York
|
-$236M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
-$178M |
| 5 |
TP
Third Point
New York
|
-$164M |
AXP Hedge Fund Activity: Q2 2019 in Review
1,580 of the 4,605 institutional investors tracked by Wall St. Rank reported a position in American Express (AXP) for Q2 2019, worth a combined $87.4B — up 13% from $77.6B a quarter earlier.
Buyers outnumbered sellers: 108 funds opened new AXP positions and 88 closed out — a net gain of 20 holders — while 501 added to existing stakes and 635 trimmed.
The largest buyer was Magellan Asset Management, adding an estimated $1.12B. The largest seller was Dodge & Cox, cutting an estimated $516M.
- 1,580 institutional investors held American Express (AXP) as of Q2 2019, down from 1,584 in Q1 2019.
- Funds reported $87.4B of American Express stock for Q2 2019, up 13% quarter-over-quarter.
- 108 funds opened new American Express positions in Q2 2019 and 88 closed out, a net change of +20 holders.
- The largest American Express buyer in Q2 2019 was Magellan Asset Management, an estimated $1.12B added.
- The largest American Express seller in Q2 2019 was Dodge & Cox, an estimated $516M sold.
Based on aggregated 13F filings for Q2 2019.