American Express
AXP
2,450 hedge funds and large institutions have $161B invested in American Express in 2024 Q3 according to their latest regulatory filings, with 232 funds opening new positions, 880 increasing their positions, 894 reducing their positions, and 95 closing their positions.
144% more first-time investments, than exits
New positions opened: 232 | Existing positions closed: 95
26% more funds holding in top 10
Funds holding in top 10: 70 → 88 (+18)
15% more capital invested
Capital invested by funds: $140B → $161B (+$20.8B)
12% more call options, than puts
Call options by funds: $3.08B | Put options by funds: $2.77B
5% more funds holding
Funds holding: 2,338 → 2,450 (+112)
0.5% less ownership
Funds ownership: 83.93% → 83.43% (-0.5%)
2% less repeat investments, than reductions
Existing positions increased: 880 | Existing positions reduced: 894
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CWP
Capital Wealth Planning
Naples,
Florida
|
+$309M |
| 2 |
IAIM
International Assets Investment Management
Orlando,
Florida
|
+$226M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
+$216M |
| 4 |
BlackRock
New York
|
+$157M |
| 5 |
1832 Asset Management
Toronto,
Ontario, Canada
|
+$136M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
-$755M |
| 2 |
Lazard Asset Management
New York
|
-$302M |
| 3 |
Grantham, Mayo, Van Otterloo & Co (GMO)
Boston,
Massachusetts
|
-$290M |
| 4 |
N
Nuveen
Charlotte,
North Carolina
|
-$265M |
| 5 |
Goldman Sachs
New York
|
-$243M |
AXP Hedge Fund Activity: Q3 2024 in Review
2,450 of the 6,965 institutional investors tracked by Wall St. Rank reported a position in American Express (AXP) for Q3 2024, worth a combined $161B — up 15% from $140B a quarter earlier.
Buyers outnumbered sellers: 232 funds opened new AXP positions and 95 closed out — a net gain of 137 holders — while 880 added to existing stakes and 894 trimmed.
The largest buyer was Capital Wealth Planning, adding an estimated $309M. The largest seller was Wellington Management Group, cutting an estimated $755M.
- 2,450 institutional investors held American Express (AXP) as of Q3 2024, up from 2,338 in Q2 2024.
- Funds reported $161B of American Express stock for Q3 2024, up 15% quarter-over-quarter.
- 232 funds opened new American Express positions in Q3 2024 and 95 closed out, a net change of +137 holders.
- The largest American Express buyer in Q3 2024 was Capital Wealth Planning, an estimated $309M added.
- The largest American Express seller in Q3 2024 was Wellington Management Group, an estimated $755M sold.
Based on aggregated 13F filings for Q3 2024.