American Express
AXP
1,200 hedge funds and large institutions have $48.3B invested in American Express in 2016 Q1 according to their latest regulatory filings, with 94 funds opening new positions, 449 increasing their positions, 490 reducing their positions, and 154 closing their positions.
2.29% more ownership
Funds ownership: 82.01% → 84.3% (+2.3%)
8% less repeat investments, than reductions
Existing positions increased: 449 | Existing positions reduced: 490
6% less funds holding
Funds holding: 1,274 → 1,200 (-74)
13% less capital invested
Capital invested by funds: $55.8B → $48.3B (-$7.48B)
15% less call options, than puts
Call options by funds: $760M | Put options by funds: $894M
16% less funds holding in top 10
Funds holding in top 10: 38 → 32 (-6)
39% less first-time investments, than exits
New positions opened: 94 | Existing positions closed: 154
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
+$730M |
| 2 |
Royal London Asset Management
United Kingdom
|
+$727M |
| 3 |
Dodge & Cox
San Francisco,
California
|
+$537M |
| 4 |
Goldman Sachs
New York
|
+$324M |
| 5 |
Invesco
Atlanta,
Georgia
|
+$236M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital World Investors
Los Angeles,
California
|
-$1.42B |
| 2 |
Harris Associates
Chicago,
Illinois
|
-$372M |
| 3 |
Capital International Investors
Los Angeles,
California
|
-$322M |
| 4 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$277M |
| 5 |
Neuberger Berman Group
New York
|
-$262M |
AXP Hedge Fund Activity: Q1 2016 in Review
1,200 of the 3,754 institutional investors tracked by Wall St. Rank reported a position in American Express (AXP) for Q1 2016, worth a combined $48.3B — down 13% from $55.8B a quarter earlier.
Sellers outnumbered buyers: 154 funds closed out of AXP and 94 opened new positions — a net loss of 60 holders — while 490 trimmed existing stakes and 449 added.
The largest buyer was Wellington Management Group, adding an estimated $730M. The largest seller was Capital World Investors, exiting entirely with an estimated $1.42B sold.
- 1,200 institutional investors held American Express (AXP) as of Q1 2016, down from 1,274 in Q4 2015.
- Funds reported $48.3B of American Express stock for Q1 2016, down 13% quarter-over-quarter.
- 94 funds opened new American Express positions in Q1 2016 and 154 closed out, a net change of -60 holders.
- The largest American Express buyer in Q1 2016 was Wellington Management Group, an estimated $730M added.
- The largest American Express seller in Q1 2016 was Capital World Investors, an estimated $1.42B sold.
Based on aggregated 13F filings for Q1 2016.