American Express
AXP
1,186 hedge funds and large institutions have $48.9B invested in American Express in 2016 Q3 according to their latest regulatory filings, with 73 funds opening new positions, 394 increasing their positions, 503 reducing their positions, and 56 closing their positions.
30% more first-time investments, than exits
New positions opened: 73 | Existing positions closed: 56
7% more funds holding in top 10
Funds holding in top 10: 28 → 30 (+2)
1.45% more ownership
Funds ownership: 81.24% → 82.69% (+1.5%)
4% more capital invested
Capital invested by funds: $47B → $48.9B (+$1.9B)
0% more funds holding
Funds holding: 1,185 → 1,186 (+1)
9% less call options, than puts
Call options by funds: $899M | Put options by funds: $988M
22% less repeat investments, than reductions
Existing positions increased: 394 | Existing positions reduced: 503
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Allianz Asset Management
Munich,
Germany
|
+$177M |
| 2 |
BGC
Beutel, Goodman & Co
Toronto,
Ontario, Canada
|
+$133M |
| 3 |
D.E. Shaw & Co
New York
|
+$103M |
| 4 |
O
OppenheimerFunds
New York
|
+$101M |
| 5 |
Loomis, Sayles & Company
Boston,
Massachusetts
|
+$95.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Baillie Gifford & Co
Edinburgh,
United Kingdom
|
-$256M |
| 2 |
JHIU
Janus Henderson Investors US
Denver,
Colorado
|
-$240M |
| 3 |
Barrow, Hanley, Mewhinney & Strauss
Dallas,
Texas
|
-$151M |
| 4 |
Goldman Sachs
New York
|
-$119M |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
-$114M |
AXP Hedge Fund Activity: Q3 2016 in Review
1,186 of the 3,759 institutional investors tracked by Wall St. Rank reported a position in American Express (AXP) for Q3 2016, worth a combined $48.9B — up 4% from $47B a quarter earlier.
Buyers outnumbered sellers: 73 funds opened new AXP positions and 56 closed out — a net gain of 17 holders — while 394 added to existing stakes and 503 trimmed.
The largest buyer was Allianz Asset Management, adding an estimated $177M. The largest seller was Baillie Gifford & Co, cutting an estimated $256M.
- 1,186 institutional investors held American Express (AXP) as of Q3 2016, up from 1,185 in Q2 2016.
- Funds reported $48.9B of American Express stock for Q3 2016, up 4% quarter-over-quarter.
- 73 funds opened new American Express positions in Q3 2016 and 56 closed out, a net change of +17 holders.
- The largest American Express buyer in Q3 2016 was Allianz Asset Management, an estimated $177M added.
- The largest American Express seller in Q3 2016 was Baillie Gifford & Co, an estimated $256M sold.
Based on aggregated 13F filings for Q3 2016.