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American Express

1,183 hedge funds and large institutions have $48.6B invested in American Express in 2016 Q3 according to their latest regulatory filings, with 73 funds opening new positions, 393 increasing their positions, 502 reducing their positions, and 57 closing their positions.

New
Increased
Maintained
Reduced
Closed

28% more first-time investments, than exits

New positions opened: 73 | Existing positions closed: 57

11% more funds holding in top 10

Funds holding in top 10: 2730 (+3)

1.43% more ownership

Funds ownership: 81.21%82.65% (+1.4%)

4% more capital invested

Capital invested by funds: $46.8B → $48.6B (+$1.79B)

0% more funds holding

Funds holding: 1,1831,183 (0)

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: 393 | Existing positions reduced: 502

Holders
1,183
Holders Change
Holders Change %
0%
% of All Funds
31.56%
Holding in Top 10
30
Holding in Top 10 Change
+3
Holding in Top 10 Change %
+11.11%
% of All Funds
0.8%
New
73
Increased
393
Reduced
502
Closed
57
Calls
$899M
Puts
$988M
Net Calls
-$89.2M
Net Calls Change
-$89.7M
Name Holding Trade Value Shares
Change
Change in
Stake
Berkshire Hathaway
1
Berkshire Hathaway
Nebraska
$9.71B
Vanguard Group
2
Vanguard Group
Pennsylvania
$3.08B +$7.67M +119,416 +0.2%
State Street
3
State Street
Massachusetts
$2.29B -$21.1M -328,708 -0.9%
Dodge & Cox
4
Dodge & Cox
California
$1.87B +$62.4M +971,125 +3%
Massachusetts Financial Services
5
Massachusetts Financial Services
Massachusetts
$1.33B -$69.7M -1,084,781 -5%
BIT
6
BlackRock Institutional Trust
California
$1.3B -$20.6M -319,927 -2%
Barrow, Hanley, Mewhinney & Strauss
7
Barrow, Hanley, Mewhinney & Strauss
Texas
$1.13B -$151M -2,350,155 -12%
Wellington Management Group
8
Wellington Management Group
Massachusetts
$1.03B -$84.8M -1,319,431 -8%
First Eagle Investment Management
9
First Eagle Investment Management
New York
$1.01B +$6.28M +97,706 +0.6%
DSA
10
Davis Selected Advisers
Arizona
$823M -$47.7M -742,733 -5%
T. Rowe Price Associates
11
T. Rowe Price Associates
Maryland
$776M -$22.3M -347,293 -3%
Invesco
12
Invesco
Georgia
$694M +$13.2M +205,136 +2%
Fisher Asset Management
13
Fisher Asset Management
Washington
$675M -$77.2M -1,201,264 -10%
Bank of New York Mellon
14
Bank of New York Mellon
New York
$670M -$11.7M -182,525 -2%
Northern Trust
15
Northern Trust
Illinois
$656M -$80.4M -1,251,735 -11%
BFA
16
BlackRock Fund Advisors
California
$612M +$16.8M +261,457 +3%
VAM
17
Veritas Asset Management
United Kingdom
$520M +$29.4M +457,598 +6%
Norges Bank
18
Norges Bank
Norway
$469M +$5.54M +86,209 +1%
Morgan Stanley
19
Morgan Stanley
New York
$466M +$22.5M +350,719 +5%
Grantham, Mayo, Van Otterloo & Co (GMO)
20
Grantham, Mayo, Van Otterloo & Co (GMO)
Massachusetts
$453M +$32.3M +502,111 +8%
Geode Capital Management
21
Geode Capital Management
Massachusetts
$442M +$2.61M +40,582 +0.6%
Bank of America
22
Bank of America
North Carolina
$424M +$66.2M +1,031,075 +18%
Goldman Sachs
23
Goldman Sachs
New York
$419M -$119M -1,858,146 -22%
BG
24
BlackRock Group
United Kingdom
$391M -$455K -7,090 -0.1%
FPA
25
First Pacific Advisors
California
$377M -$10.2M -158,060 -3%

AXP Hedge Fund Activity: Q3 2016 in Review

1,183 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in American Express (AXP) for Q3 2016, worth a combined $48.6B — up 3.8% from $46.8B a quarter earlier.

Buyers outnumbered sellers: 73 funds opened new AXP positions and 57 closed out — a net gain of 16 holders — while 393 added to existing stakes and 502 trimmed.

The largest buyer was Allianz Asset Management, adding an estimated $177M. The largest seller was Baillie Gifford & Co, cutting an estimated $256M.

  • 1,183 institutional investors held American Express (AXP) as of Q3 2016, unchanged from Q2 2016.
  • Funds reported $48.6B of American Express stock for Q3 2016, up 3.8% quarter-over-quarter.
  • 73 funds opened new American Express positions in Q3 2016 and 57 closed out, a net change of +16 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.