American Express
AXP
2,189 hedge funds and large institutions have $115B invested in American Express in 2023 Q4 according to their latest regulatory filings, with 335 funds opening new positions, 716 increasing their positions, 809 reducing their positions, and 111 closing their positions.
202% more first-time investments, than exits
New positions opened: 335 | Existing positions closed: 111
84% more funds holding in top 10
Funds holding in top 10: 32 → 59 (+27)
10% more funds holding
Funds holding: 1,999 → 2,189 (+190)
5% more capital inflows, than outflows
Capital inflows: $3.65B | Capital outflows: $3.49B
0.97% more ownership
Funds ownership: 83.04% → 84.01% (+0.97%)
11% less repeat investments, than reductions
Existing positions increased: 716 | Existing positions reduced: 809
16% less call options, than puts
Call options by funds: $2.01B | Put options by funds: $2.4B
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Harris Associates
Chicago,
Illinois
|
+$336M |
| 2 |
BlackRock
New York
|
+$231M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
+$175M |
| 4 |
TD Asset Management
Toronto,
Ontario, Canada
|
+$148M |
| 5 |
Barclays
London,
United Kingdom
|
+$143M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
-$402M |
| 2 |
JP Morgan Chase
New York
|
-$178M |
| 3 |
Qube Research & Technologies (QRT)
London,
United Kingdom
|
-$157M |
| 4 |
Massachusetts Financial Services
Boston,
Massachusetts
|
-$124M |
| 5 |
Norges Bank
Oslo,
Norway
|
-$114M |
AXP Hedge Fund Activity: Q4 2023 in Review
2,189 of the 6,876 institutional investors tracked by Wall St. Rank reported a position in American Express (AXP) for Q4 2023, worth a combined $115B — up 25% from $91.4B a quarter earlier.
Buyers outnumbered sellers: 335 funds opened new AXP positions and 111 closed out — a net gain of 224 holders — while 716 added to existing stakes and 809 trimmed.
The largest buyer was Harris Associates, adding an estimated $336M. The largest seller was Wellington Management Group, cutting an estimated $402M.
- 2,189 institutional investors held American Express (AXP) as of Q4 2023, up from 1,999 in Q3 2023.
- Funds reported $115B of American Express stock for Q4 2023, up 25% quarter-over-quarter.
- 335 funds opened new American Express positions in Q4 2023 and 111 closed out, a net change of +224 holders.
- The largest American Express buyer in Q4 2023 was Harris Associates, an estimated $336M added.
- The largest American Express seller in Q4 2023 was Wellington Management Group, an estimated $402M sold.
Based on aggregated 13F filings for Q4 2023.