American Express
AXP
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.
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: 1,199 → 1,183 (-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: 32 → 27 (-5)
23% less repeat investments, than reductions
Existing positions increased: 389 | Existing positions reduced: 508
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MC
Maverick Capital
Dallas,
Texas
|
+$294M |
| 2 |
Dodge & Cox
San Francisco,
California
|
+$120M |
| 3 |
Grantham, Mayo, Van Otterloo & Co (GMO)
Boston,
Massachusetts
|
+$87M |
| 4 |
IVA
International Value Advisers
|
+$86.7M |
| 5 |
APG Asset Management
Amsterdam,
Netherlands
|
+$58.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal London Asset Management
United Kingdom
|
-$794M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
-$455M |
| 3 |
Franklin Resources
San Mateo,
California
|
-$257M |
| 4 |
D.E. Shaw & Co
New York
|
-$212M |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
-$204M |
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.