American Express
AXP
1,525 hedge funds and large institutions have $68.7B invested in American Express in 2018 Q4 according to their latest regulatory filings, with 186 funds opening new positions, 464 increasing their positions, 567 reducing their positions, and 100 closing their positions.
86% more first-time investments, than exits
New positions opened: 186 | Existing positions closed: 100
35% more funds holding in top 10
Funds holding in top 10: 43 → 58 (+15)
5% more funds holding
Funds holding: 1,451 → 1,525 (+74)
0.8% more ownership
Funds ownership: 83.64% → 84.44% (+0.8%)
10% less capital invested
Capital invested by funds: $76.6B → $68.7B (-$7.95B)
18% less repeat investments, than reductions
Existing positions increased: 464 | Existing positions reduced: 567
37% less call options, than puts
Call options by funds: $462M | Put options by funds: $738M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$851M |
| 2 |
ECU
Egerton Capital (UK)
London,
United Kingdom
|
+$828M |
| 3 |
CAM
Close Asset Management
London,
United Kingdom
|
+$103M |
| 4 |
SC
Samlyn Capital
New York
|
+$103M |
| 5 |
Citadel Advisors
Miami,
Florida
|
+$100M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Massachusetts Financial Services
Boston,
Massachusetts
|
-$272M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
-$232M |
| 3 |
TP
Third Point
New York
|
-$220M |
| 4 |
FPP
Findlay Park Partners
London,
United Kingdom
|
-$170M |
| 5 |
FPA
First Pacific Advisors
El Segundo,
California
|
-$165M |
AXP Hedge Fund Activity: Q4 2018 in Review
1,525 of the 4,505 institutional investors tracked by Wall St. Rank reported a position in American Express (AXP) for Q4 2018, worth a combined $68.7B — down 10% from $76.6B a quarter earlier.
Buyers outnumbered sellers: 186 funds opened new AXP positions and 100 closed out — a net gain of 86 holders — while 464 added to existing stakes and 567 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $851M. The largest seller was Massachusetts Financial Services, cutting an estimated $272M.
- 1,525 institutional investors held American Express (AXP) as of Q4 2018, up from 1,451 in Q3 2018.
- Funds reported $68.7B of American Express stock for Q4 2018, down 10% quarter-over-quarter.
- 186 funds opened new American Express positions in Q4 2018 and 100 closed out, a net change of +86 holders.
- The largest American Express buyer in Q4 2018 was Fidelity Investments, an estimated $851M added.
- The largest American Express seller in Q4 2018 was Massachusetts Financial Services, an estimated $272M sold.
Based on aggregated 13F filings for Q4 2018.