American Express
AXP
2,459 hedge funds and large institutions have $161B invested in American Express in 2024 Q3 according to their latest regulatory filings, with 233 funds opening new positions, 884 increasing their positions, 896 reducing their positions, and 95 closing their positions.
145% more first-time investments, than exits
New positions opened: 233 | Existing positions closed: 95
26% more funds holding in top 10
Funds holding in top 10: 70 → 88 (+18)
12% more call options, than puts
Call options by funds: $3.08B | Put options by funds: $2.77B
5% more funds holding
Funds holding: 2,346 → 2,459 (+113)
0.61% less ownership
Funds ownership: 83.92% → 83.31% (-0.61%)
1% less repeat investments, than reductions
Existing positions increased: 884 | Existing positions reduced: 896
45% less capital inflows, than outflows
Capital inflows: $3.23B | Capital outflows: $5.85B
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital Wealth Planning
Naples,
Florida
|
+$309M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$216M |
| 3 |
BlackRock
New York
|
+$157M |
| 4 |
1832 Asset Management
Toronto,
Ontario, Canada
|
+$136M |
| 5 |
Alphinity Investment Management
Sydney,
Australia
|
+$97.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
-$755M |
| 2 |
Lazard Asset Management
New York
|
-$302M |
| 3 |
Grantham, Mayo, Van Otterloo & Co (GMO)
Boston,
Massachusetts
|
-$290M |
| 4 |
Nuveen
Charlotte,
North Carolina
|
-$265M |
| 5 |
Goldman Sachs
New York
|
-$243M |
AXP Hedge Fund Activity: Q3 2024 in Review
2,459 of the 6,987 institutional investors tracked by Wall St. Rank reported a position in American Express (AXP) for Q3 2024, worth a combined $161B — up 15% from $140B a quarter earlier.
Buyers outnumbered sellers: 233 funds opened new AXP positions and 95 closed out — a net gain of 138 holders — while 884 added to existing stakes and 896 trimmed.
The largest buyer was Capital Wealth Planning, adding an estimated $309M. The largest seller was Wellington Management Group, cutting an estimated $755M.
- 2,459 institutional investors held American Express (AXP) as of Q3 2024, up from 2,346 in Q2 2024.
- Funds reported $161B of American Express stock for Q3 2024, up 15% quarter-over-quarter.
- 233 funds opened new American Express positions in Q3 2024 and 95 closed out, a net change of +138 holders.
- The largest American Express buyer in Q3 2024 was Capital Wealth Planning, an estimated $309M added.
- The largest American Express seller in Q3 2024 was Wellington Management Group, an estimated $755M sold.
Based on aggregated 13F filings for Q3 2024.