American Express
AXP
1,257 hedge funds and large institutions have $56.1B invested in American Express in 2016 Q4 according to their latest regulatory filings, with 157 funds opening new positions, 392 increasing their positions, 528 reducing their positions, and 71 closing their positions.
121% more first-time investments, than exits
New positions opened: 157 | Existing positions closed: 71
53% more funds holding in top 10
Funds holding in top 10: 30 → 46 (+16)
15% more capital invested
Capital invested by funds: $48.9B → $56.1B (+$7.29B)
6% more funds holding
Funds holding: 1,186 → 1,257 (+71)
0.06% more ownership
Funds ownership: 82.69% → 82.75% (+0.06%)
19% less call options, than puts
Call options by funds: $1.02B | Put options by funds: $1.25B
26% less repeat investments, than reductions
Existing positions increased: 392 | Existing positions reduced: 528
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FPP
Findlay Park Partners
London,
United Kingdom
|
+$278M |
| 2 |
State Street
Boston,
Massachusetts
|
+$270M |
| 3 |
SC
Samlyn Capital
New York
|
+$106M |
| 4 |
Goldman Sachs
New York
|
+$105M |
| 5 |
American Century Companies
Kansas City,
Missouri
|
+$98.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Massachusetts Financial Services
Boston,
Massachusetts
|
-$157M |
| 2 |
Renaissance Technologies
New York
|
-$141M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
-$139M |
| 4 |
TAM
Troy Asset Management
London,
United Kingdom
|
-$94.8M |
| 5 |
JP Morgan Chase
New York
|
-$89.3M |
AXP Hedge Fund Activity: Q4 2016 in Review
1,257 of the 4,008 institutional investors tracked by Wall St. Rank reported a position in American Express (AXP) for Q4 2016, worth a combined $56.1B — up 15% from $48.9B a quarter earlier.
Buyers outnumbered sellers: 157 funds opened new AXP positions and 71 closed out — a net gain of 86 holders — while 392 added to existing stakes and 528 trimmed.
The largest buyer was Findlay Park Partners, opening a new position worth an estimated $278M. The largest seller was Massachusetts Financial Services, cutting an estimated $157M.
- 1,257 institutional investors held American Express (AXP) as of Q4 2016, up from 1,186 in Q3 2016.
- Funds reported $56.1B of American Express stock for Q4 2016, up 15% quarter-over-quarter.
- 157 funds opened new American Express positions in Q4 2016 and 71 closed out, a net change of +86 holders.
- The largest American Express buyer in Q4 2016 was Findlay Park Partners, an estimated $278M added.
- The largest American Express seller in Q4 2016 was Massachusetts Financial Services, an estimated $157M sold.
Based on aggregated 13F filings for Q4 2016.