American Express
AXP
1,430 hedge funds and large institutions have $71.1B invested in American Express in 2018 Q2 according to their latest regulatory filings, with 78 funds opening new positions, 456 increasing their positions, 579 reducing their positions, and 83 closing their positions.
9% more funds holding in top 10
Funds holding in top 10: 43 → 47 (+4)
5% more capital invested
Capital invested by funds: $67.6B → $71.1B (+$3.49B)
0.15% more ownership
Funds ownership: 84.32% → 84.47% (+0.15%)
1% less funds holding
Funds holding: 1,443 → 1,430 (-13)
6% less first-time investments, than exits
New positions opened: 78 | Existing positions closed: 83
21% less repeat investments, than reductions
Existing positions increased: 456 | Existing positions reduced: 579
41% less call options, than puts
Call options by funds: $495M | Put options by funds: $842M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$854M |
| 2 |
TCIM
TIAA CREF Investment Management
New York
|
+$143M |
| 3 |
Renaissance Technologies
New York
|
+$128M |
| 4 |
AAMU
Amundi Asset Management US
Boston,
Massachusetts
|
+$125M |
| 5 |
Millennium Management
New York
|
+$105M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VAM
Veritas Asset Management
London,
United Kingdom
|
-$150M |
| 2 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$139M |
| 3 |
Barrow, Hanley, Mewhinney & Strauss
Dallas,
Texas
|
-$130M |
| 4 |
Allianz Asset Management
Munich,
Germany
|
-$128M |
| 5 |
EVM
Eaton Vance Management
Boston,
Massachusetts
|
-$124M |
AXP Hedge Fund Activity: Q2 2018 in Review
1,430 of the 4,369 institutional investors tracked by Wall St. Rank reported a position in American Express (AXP) for Q2 2018, worth a combined $71.1B — up 5.2% from $67.6B a quarter earlier.
Sellers outnumbered buyers: 83 funds closed out of AXP and 78 opened new positions — a net loss of 5 holders — while 579 trimmed existing stakes and 456 added.
The largest buyer was Fidelity Investments, adding an estimated $854M. The largest seller was Veritas Asset Management, cutting an estimated $150M.
- 1,430 institutional investors held American Express (AXP) as of Q2 2018, down from 1,443 in Q1 2018.
- Funds reported $71.1B of American Express stock for Q2 2018, up 5.2% quarter-over-quarter.
- 78 funds opened new American Express positions in Q2 2018 and 83 closed out, a net change of -5 holders.
- The largest American Express buyer in Q2 2018 was Fidelity Investments, an estimated $854M added.
- The largest American Express seller in Q2 2018 was Veritas Asset Management, an estimated $150M sold.
Based on aggregated 13F filings for Q2 2018.