American Express
AXP
2,716 hedge funds and large institutions have $190B invested in American Express in 2025 Q2 according to their latest regulatory filings, with 244 funds opening new positions, 1,055 increasing their positions, 964 reducing their positions, and 113 closing their positions.
116% more first-time investments, than exits
New positions opened: 244 | Existing positions closed: 113
34% more funds holding in top 10
Funds holding in top 10: 79 → 106 (+27)
29% more call options, than puts
Call options by funds: $2.64B | Put options by funds: $2.05B
18% more capital invested
Capital invested by funds: $161B → $190B (+$29.2B)
4% more funds holding
Funds holding: 2,621 → 2,716 (+95)
9% more repeat investments, than reductions
Existing positions increased: 1,055 | Existing positions reduced: 964
0.23% less ownership
Funds ownership: 85.25% → 85.01% (-0.23%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
+$595M |
| 2 |
Geode Capital Management
Boston,
Massachusetts
|
+$380M |
| 3 |
Capital World Investors
Los Angeles,
California
|
+$333M |
| 4 |
Capital Research Global Investors
Los Angeles,
California
|
+$233M |
| 5 |
UBS AM
Chicago,
Illinois
|
+$223M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
-$882M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$616M |
| 3 |
BlackRock
New York
|
-$391M |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$203M |
| 5 |
Qube Research & Technologies (QRT)
London,
United Kingdom
|
-$155M |
AXP Hedge Fund Activity: Q2 2025 in Review
2,716 of the 7,613 institutional investors tracked by Wall St. Rank reported a position in American Express (AXP) for Q2 2025, worth a combined $190B — up 18% from $161B a quarter earlier.
Buyers outnumbered sellers: 244 funds opened new AXP positions and 113 closed out — a net gain of 131 holders — while 1,055 added to existing stakes and 964 trimmed.
The largest buyer was Wells Fargo, adding an estimated $595M. The largest seller was Wellington Management Group, cutting an estimated $882M.
- 2,716 institutional investors held American Express (AXP) as of Q2 2025, up from 2,621 in Q1 2025.
- Funds reported $190B of American Express stock for Q2 2025, up 18% quarter-over-quarter.
- 244 funds opened new American Express positions in Q2 2025 and 113 closed out, a net change of +131 holders.
- The largest American Express buyer in Q2 2025 was Wells Fargo, an estimated $595M added.
- The largest American Express seller in Q2 2025 was Wellington Management Group, an estimated $882M sold.
Based on aggregated 13F filings for Q2 2025.