American Express
AXP
1,579 hedge funds and large institutions have $65.4B invested in American Express in 2020 Q2 according to their latest regulatory filings, with 180 funds opening new positions, 550 increasing their positions, 597 reducing their positions, and 131 closing their positions.
37% more first-time investments, than exits
New positions opened: 180 | Existing positions closed: 131
10% more capital invested
Capital invested by funds: $59.2B → $65.4B (+$6.21B)
3% more funds holding in top 10
Funds holding in top 10: 32 → 33 (+1)
2% more funds holding
Funds holding: 1,542 → 1,579 (+37)
0.4% less ownership
Funds ownership: 85.82% → 85.42% (-0.4%)
8% less repeat investments, than reductions
Existing positions increased: 550 | Existing positions reduced: 597
37% less call options, than puts
Call options by funds: $708M | Put options by funds: $1.13B
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Viking Global Investors
Stamford,
Connecticut
|
+$609M |
| 2 |
JP Morgan Chase
New York
|
+$600M |
| 3 |
DZ Bank
Frankfurt Am Main,
Germany
|
+$313M |
| 4 |
Dodge & Cox
San Francisco,
California
|
+$282M |
| 5 |
Nordea Investment Management
Stockholm,
Sweden
|
+$250M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$1.23B |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
-$567M |
| 3 |
Parnassus Investments
San Francisco,
California
|
-$347M |
| 4 |
UBS AM
Chicago,
Illinois
|
-$203M |
| 5 |
ECU
Egerton Capital (UK)
London,
United Kingdom
|
-$170M |
AXP Hedge Fund Activity: Q2 2020 in Review
1,579 of the 4,878 institutional investors tracked by Wall St. Rank reported a position in American Express (AXP) for Q2 2020, worth a combined $65.4B — up 10% from $59.2B a quarter earlier.
Buyers outnumbered sellers: 180 funds opened new AXP positions and 131 closed out — a net gain of 49 holders — while 550 added to existing stakes and 597 trimmed.
The largest buyer was Viking Global Investors, adding an estimated $609M. The largest seller was Fidelity Investments, cutting an estimated $1.23B.
- 1,579 institutional investors held American Express (AXP) as of Q2 2020, up from 1,542 in Q1 2020.
- Funds reported $65.4B of American Express stock for Q2 2020, up 10% quarter-over-quarter.
- 180 funds opened new American Express positions in Q2 2020 and 131 closed out, a net change of +49 holders.
- The largest American Express buyer in Q2 2020 was Viking Global Investors, an estimated $609M added.
- The largest American Express seller in Q2 2020 was Fidelity Investments, an estimated $1.23B sold.
Based on aggregated 13F filings for Q2 2020.