American Express
AXP
1,443 hedge funds and large institutions have $67.4B invested in American Express in 2018 Q1 according to their latest regulatory filings, with 107 funds opening new positions, 459 increasing their positions, 594 reducing their positions, and 83 closing their positions.
29% more first-time investments, than exits
New positions opened: 107 | Existing positions closed: 83
1% more funds holding
Funds holding: 1,430 → 1,443 (+13)
0.16% more ownership
Funds ownership: 84.01% → 84.17% (+0.16%)
7% less capital invested
Capital invested by funds: $72.3B → $67.4B (-$4.88B)
9% less funds holding in top 10
Funds holding in top 10: 47 → 43 (-4)
23% less repeat investments, than reductions
Existing positions increased: 459 | Existing positions reduced: 594
30% less call options, than puts
Call options by funds: $469M | Put options by funds: $671M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Parnassus Investments
San Francisco,
California
|
+$535M |
| 2 |
Boston Partners
Boston,
Massachusetts
|
+$381M |
| 3 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$118M |
| 4 |
VAM
Veritas Asset Management
London,
United Kingdom
|
+$96.2M |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$82.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fisher Asset Management
Camas,
Washington
|
-$206M |
| 2 |
State Street
Boston,
Massachusetts
|
-$203M |
| 3 |
O
OppenheimerFunds
New York
|
-$189M |
| 4 |
HSBC Holdings
London,
United Kingdom
|
-$154M |
| 5 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$133M |
AXP Hedge Fund Activity: Q1 2018 in Review
1,443 of the 4,373 institutional investors tracked by Wall St. Rank reported a position in American Express (AXP) for Q1 2018, worth a combined $67.4B — down 6.8% from $72.3B a quarter earlier.
Buyers outnumbered sellers: 107 funds opened new AXP positions and 83 closed out — a net gain of 24 holders — while 459 added to existing stakes and 594 trimmed.
The largest buyer was Parnassus Investments, adding an estimated $535M. The largest seller was Fisher Asset Management, cutting an estimated $206M.
- 1,443 institutional investors held American Express (AXP) as of Q1 2018, up from 1,430 in Q4 2017.
- Funds reported $67.4B of American Express stock for Q1 2018, down 6.8% quarter-over-quarter.
- 107 funds opened new American Express positions in Q1 2018 and 83 closed out, a net change of +24 holders.
- The largest American Express buyer in Q1 2018 was Parnassus Investments, an estimated $535M added.
- The largest American Express seller in Q1 2018 was Fisher Asset Management, an estimated $206M sold.
Based on aggregated 13F filings for Q1 2018.