American Express
AXP
2,312 hedge funds and large institutions have $139B invested in American Express in 2024 Q1 according to their latest regulatory filings, with 247 funds opening new positions, 764 increasing their positions, 900 reducing their positions, and 95 closing their positions.
160% more first-time investments, than exits
New positions opened: 247 | Existing positions closed: 95
27% more funds holding in top 10
Funds holding in top 10: 59 → 75 (+16)
22% more capital invested
Capital invested by funds: $115B → $139B (+$24.8B)
6% more funds holding
Funds holding: 2,188 → 2,312 (+124)
0.66% more ownership
Funds ownership: 84.01% → 84.67% (+0.66%)
4% less call options, than puts
Call options by funds: $2.54B | Put options by funds: $2.64B
15% less repeat investments, than reductions
Existing positions increased: 764 | Existing positions reduced: 900
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
+$864M |
| 2 |
AIM
Alphinity Investment Management
Sydney,
Australia
|
+$395M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
+$357M |
| 4 |
Barclays
London,
United Kingdom
|
+$206M |
| 5 |
Jane Street
New York
|
+$171M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AllianceBernstein
Nashville,
Tennessee
|
-$333M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
-$310M |
| 3 |
Holocene Advisors
New York
|
-$239M |
| 4 |
BlackRock
New York
|
-$217M |
| 5 |
Harris Associates
Chicago,
Illinois
|
-$212M |
AXP Hedge Fund Activity: Q1 2024 in Review
2,312 of the 6,958 institutional investors tracked by Wall St. Rank reported a position in American Express (AXP) for Q1 2024, worth a combined $139B — up 22% from $115B a quarter earlier.
Buyers outnumbered sellers: 247 funds opened new AXP positions and 95 closed out — a net gain of 152 holders — while 764 added to existing stakes and 900 trimmed.
The largest buyer was Wellington Management Group, adding an estimated $864M. The largest seller was AllianceBernstein, cutting an estimated $333M.
- 2,312 institutional investors held American Express (AXP) as of Q1 2024, up from 2,188 in Q4 2023.
- Funds reported $139B of American Express stock for Q1 2024, up 22% quarter-over-quarter.
- 247 funds opened new American Express positions in Q1 2024 and 95 closed out, a net change of +152 holders.
- The largest American Express buyer in Q1 2024 was Wellington Management Group, an estimated $864M added.
- The largest American Express seller in Q1 2024 was AllianceBernstein, an estimated $333M sold.
Based on aggregated 13F filings for Q1 2024.