American Express
AXP
1,561 hedge funds and large institutions have $68.7B invested in American Express in 2020 Q3 according to their latest regulatory filings, with 105 funds opening new positions, 487 increasing their positions, 650 reducing their positions, and 110 closing their positions.
6% more funds holding in top 10
Funds holding in top 10: 33 → 35 (+2)
5% more capital invested
Capital invested by funds: $65.4B → $68.7B (+$3.27B)
0.25% less ownership
Funds ownership: 85.41% → 85.16% (-0.25%)
5% less first-time investments, than exits
New positions opened: 105 | Existing positions closed: 110
1% less funds holding
Funds holding: 1,580 → 1,561 (-19)
25% less repeat investments, than reductions
Existing positions increased: 487 | Existing positions reduced: 650
35% less call options, than puts
Call options by funds: $925M | Put options by funds: $1.43B
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
+$680M |
| 2 |
Lazard Asset Management
New York
|
+$223M |
| 3 |
Franklin Resources
San Mateo,
California
|
+$177M |
| 4 |
First Eagle Investment Management
New York
|
+$132M |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
+$91.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$408M |
| 2 |
Nordea Investment Management
Stockholm,
Sweden
|
-$361M |
| 3 |
JP Morgan Chase
New York
|
-$226M |
| 4 |
Goldman Sachs
New York
|
-$121M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
-$107M |
AXP Hedge Fund Activity: Q3 2020 in Review
1,561 of the 4,971 institutional investors tracked by Wall St. Rank reported a position in American Express (AXP) for Q3 2020, worth a combined $68.7B — up 5% from $65.4B a quarter earlier.
Sellers outnumbered buyers: 110 funds closed out of AXP and 105 opened new positions — a net loss of 5 holders — while 650 trimmed existing stakes and 487 added.
The largest buyer was Wellington Management Group, adding an estimated $680M. The largest seller was Fidelity Investments, cutting an estimated $408M.
- 1,561 institutional investors held American Express (AXP) as of Q3 2020, down from 1,580 in Q2 2020.
- Funds reported $68.7B of American Express stock for Q3 2020, up 5% quarter-over-quarter.
- 105 funds opened new American Express positions in Q3 2020 and 110 closed out, a net change of -5 holders.
- The largest American Express buyer in Q3 2020 was Wellington Management Group, an estimated $680M added.
- The largest American Express seller in Q3 2020 was Fidelity Investments, an estimated $408M sold.
Based on aggregated 13F filings for Q3 2020.