American Express
AXP
2,055 hedge funds and large institutions have $103B invested in American Express in 2023 Q1 according to their latest regulatory filings, with 189 funds opening new positions, 748 increasing their positions, 739 reducing their positions, and 100 closing their positions.
89% more first-time investments, than exits
New positions opened: 189 | Existing positions closed: 100
45% more funds holding in top 10
Funds holding in top 10: 42 → 61 (+19)
27% more capital inflows, than outflows
Capital inflows: $4.63B | Capital outflows: $3.66B
10% more call options, than puts
Call options by funds: $2.08B | Put options by funds: $1.89B
2% more funds holding
Funds holding: 2,008 → 2,055 (+47)
1% more repeat investments, than reductions
Existing positions increased: 748 | Existing positions reduced: 739
0.97% more ownership
Funds ownership: 83.2% → 84.18% (+0.97%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$663M |
| 2 |
EP Wealth Advisors
Torrance,
California
|
+$379M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
+$257M |
| 4 |
Jennison Associates
New York
|
+$207M |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$127M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Dodge & Cox
San Francisco,
California
|
-$623M |
| 2 |
Fisher Asset Management
Camas,
Washington
|
-$282M |
| 3 |
State Street
Boston,
Massachusetts
|
-$252M |
| 4 |
Holocene Advisors
New York
|
-$125M |
| 5 |
Barclays
London,
United Kingdom
|
-$117M |
AXP Hedge Fund Activity: Q1 2023 in Review
2,055 of the 6,289 institutional investors tracked by Wall St. Rank reported a position in American Express (AXP) for Q1 2023, worth a combined $103B — up 12% from $91.8B a quarter earlier.
Buyers outnumbered sellers: 189 funds opened new AXP positions and 100 closed out — a net gain of 89 holders — while 748 added to existing stakes and 739 trimmed.
The largest buyer was T. Rowe Price Associates, adding an estimated $663M. The largest seller was Dodge & Cox, cutting an estimated $623M.
- 2,055 institutional investors held American Express (AXP) as of Q1 2023, up from 2,008 in Q4 2022.
- Funds reported $103B of American Express stock for Q1 2023, up 12% quarter-over-quarter.
- 189 funds opened new American Express positions in Q1 2023 and 100 closed out, a net change of +89 holders.
- The largest American Express buyer in Q1 2023 was T. Rowe Price Associates, an estimated $663M added.
- The largest American Express seller in Q1 2023 was Dodge & Cox, an estimated $623M sold.
Based on aggregated 13F filings for Q1 2023.