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American Express

1,183 hedge funds and large institutions have $46.8B invested in American Express in 2016 Q2 according to their latest regulatory filings, with 90 funds opening new positions, 389 increasing their positions, 508 reducing their positions, and 92 closing their positions.

New
Increased
Maintained
Reduced
Closed

0% more call options, than puts

Call options by funds: $841M | Put options by funds: $840M

2% less first-time investments, than exits

New positions opened: 90 | Existing positions closed: 92

3% less capital invested

Capital invested by funds: $48.3B → $46.8B (-$1.51B)

1% less funds holding

Funds holding: 1,1991,183 (-16)

3.09% less ownership

Funds ownership: 84.3%81.21% (-3.1%)

16% less funds holding in top 10

Funds holding in top 10: 3227 (-5)

23% less repeat investments, than reductions

Existing positions increased: 389 | Existing positions reduced: 508

Holders
1,183
Holders Change
-16
Holders Change %
-1.33%
% of All Funds
31.56%
Holding in Top 10
27
Holding in Top 10 Change
-5
Holding in Top 10 Change %
-15.63%
% of All Funds
0.72%
New
90
Increased
389
Reduced
508
Closed
92
Calls
$841M
Puts
$840M
Net Calls
+$495K
Net Calls Change
+$134M
Name Holding Trade Value Shares
Change
Change in
Stake
Berkshire Hathaway
1
Berkshire Hathaway
Nebraska
$9.21B
Vanguard Group
2
Vanguard Group
Pennsylvania
$2.91B +$31.9M +504,284 +1%
State Street
3
State Street
Massachusetts
$2.19B -$110M -1,736,356 -5%
Dodge & Cox
4
Dodge & Cox
California
$1.72B +$120M +1,888,379 +7%
Massachusetts Financial Services
5
Massachusetts Financial Services
Massachusetts
$1.32B -$27.9M -440,601 -2%
BIT
6
BlackRock Institutional Trust
California
$1.25B -$47.1M -742,939 -3%
Barrow, Hanley, Mewhinney & Strauss
7
Barrow, Hanley, Mewhinney & Strauss
Texas
$1.21B -$46.1M -727,913 -4%
Wellington Management Group
8
Wellington Management Group
Massachusetts
$1.06B -$455M -7,180,135 -29%
First Eagle Investment Management
9
First Eagle Investment Management
New York
$956M +$11M +173,281 +1%
DSA
10
Davis Selected Advisers
Arizona
$826M -$36.4M -575,316 -4%
T. Rowe Price Associates
11
T. Rowe Price Associates
Maryland
$757M -$6.51M -102,836 -0.8%
Fisher Asset Management
12
Fisher Asset Management
Washington
$729M -$6.01M -94,950 -0.8%
Northern Trust
13
Northern Trust
Illinois
$699M -$22.7M -358,043 -3%
Bank of New York Mellon
14
Bank of New York Mellon
New York
$647M -$30.7M -484,862 -4%
Invesco
15
Invesco
Georgia
$646M +$26.3M +415,930 +4%
BFA
16
BlackRock Fund Advisors
California
$565M +$3.89M +61,459 +0.7%
Goldman Sachs
17
Goldman Sachs
New York
$511M -$8.26M -130,411 -2%
VAM
18
Veritas Asset Management
United Kingdom
$465M +$43.5M +686,254 +10%
Norges Bank
19
Norges Bank
Norway
$461M +$24M +378,756 +5%
Morgan Stanley
20
Morgan Stanley
New York
$421M -$233K -3,675 -0.1%
Geode Capital Management
21
Geode Capital Management
Massachusetts
$417M -$11M -173,310 -2%
Grantham, Mayo, Van Otterloo & Co (GMO)
22
Grantham, Mayo, Van Otterloo & Co (GMO)
Massachusetts
$399M +$87M +1,373,732 +26%
BG
23
BlackRock Group
United Kingdom
$371M -$14.2M -223,428 -4%
FPA
24
First Pacific Advisors
California
$367M +$24.2M +382,336 +7%
JHIU
25
Janus Henderson Investors US
Colorado
$361M -$61.7M -973,642 -14%

AXP Hedge Fund Activity: Q2 2016 in Review

1,183 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in American Express (AXP) for Q2 2016, worth a combined $46.8B — down 3.1% from $48.3B a quarter earlier.

Sellers outnumbered buyers: 92 funds closed out of AXP and 90 opened new positions — a net loss of 2 holders — while 508 trimmed existing stakes and 389 added.

The largest buyer was Maverick Capital, adding an estimated $294M. The largest seller was Royal London Asset Management, cutting an estimated $794M.

  • 1,183 institutional investors held American Express (AXP) as of Q2 2016, down from 1,199 in Q1 2016.
  • Funds reported $46.8B of American Express stock for Q2 2016, down 3.1% quarter-over-quarter.
  • 90 funds opened new American Express positions in Q2 2016 and 92 closed out, a net change of -2 holders.
  • The largest American Express buyer in Q2 2016 was Maverick Capital, an estimated $294M added.
  • The largest American Express seller in Q2 2016 was Royal London Asset Management, an estimated $794M sold.

Based on aggregated 13F filings for Q2 2016.