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American Express

2,748 hedge funds and large institutions have $193B invested in American Express in 2025 Q3 according to their latest regulatory filings, with 182 funds opening new positions, 1,017 increasing their positions, 1,037 reducing their positions, and 104 closing their positions.

New
Increased
Maintained
Reduced
Closed

75% more first-time investments, than exits

New positions opened: 182 | Existing positions closed: 104

22% more call options, than puts

Call options by funds: $3.18B | Put options by funds: $2.6B

1% more funds holding

Funds holding: 2,7092,748 (+39)

2% more capital invested

Capital invested by funds: $190B → $193B (+$3.51B)

2% less repeat investments, than reductions

Existing positions increased: 1,017 | Existing positions reduced: 1,037

1.32% less ownership

Funds ownership: 85.01%83.69% (-1.3%)

11% less funds holding in top 10

Funds holding in top 10: 10694 (-12)

Holders
2,748
Holders Change
+39
Holders Change %
+1.44%
% of All Funds
36.06%
Holding in Top 10
94
Holding in Top 10 Change
-12
Holding in Top 10 Change %
-11.32%
% of All Funds
1.23%
New
182
Increased
1,017
Reduced
1,037
Closed
104
Calls
$3.18B
Puts
$2.6B
Net Calls
+$582M
Net Calls Change
-$9.9M
Name Holding Trade Value Shares
Change
Change in
Stake
Berkshire Hathaway
1
Berkshire Hathaway
Nebraska
$50.4B
Vanguard Group
2
Vanguard Group
Pennsylvania
$15.3B -$130M -408,995 -0.9%
BlackRock
3
BlackRock
New York
$14.3B -$185M -580,900 -1%
State Street
4
State Street
Massachusetts
$9.66B -$111M -347,805 -1%
JP Morgan Chase
5
JP Morgan Chase
New York
$7.37B +$1B +3,144,528 +17%
Morgan Stanley
6
Morgan Stanley
New York
$4.4B -$92.1M -289,634 -2%
Wellington Management Group
7
Wellington Management Group
Massachusetts
$4.31B -$611M -1,920,427 -13%
Geode Capital Management
8
Geode Capital Management
Massachusetts
$4.2B -$253M -793,948 -6%
Fisher Asset Management
9
Fisher Asset Management
Washington
$2.95B +$46.6M +146,586 +2%
Fidelity Investments
10
Fidelity Investments
Massachusetts
$2.71B -$39.3M -123,523 -1%
T. Rowe Price Associates
11
T. Rowe Price Associates
Maryland
$2.44B +$7.47M +23,481 +0.3%
Bank of America
12
Bank of America
North Carolina
$2.43B -$30.7M -96,627 -1%
Northern Trust
13
Northern Trust
Illinois
$2.17B -$26.2M -82,457 -1%
Massachusetts Financial Services
14
Massachusetts Financial Services
Massachusetts
$2.16B -$276M -866,177 -12%
Capital World Investors
15
Capital World Investors
California
$1.7B +$7.73M +24,297 +0.5%
Wells Fargo
16
Wells Fargo
California
$1.66B +$381M +1,197,369 +31%
N
17
Nuveen
North Carolina
$1.62B -$78.1M -245,445 -5%
UBS AM
18
UBS AM
Illinois
$1.57B -$370M -1,164,096 -20%
Artisan Partners
19
Artisan Partners
Wisconsin
$1.52B -$10.2M -31,966 -0.7%
Capital Research Global Investors
20
Capital Research Global Investors
California
$1.48B +$9.33M +29,331 +0.7%
DZ Bank
21
DZ Bank
Germany
$1.46B +$15.9M +50,136 +1%
Goldman Sachs
22
Goldman Sachs
New York
$1.44B -$30.3M -95,327 -2%
Ameriprise
23
Ameriprise
Minnesota
$1.31B +$269M +845,283 +27%
Bank of New York Mellon
24
Bank of New York Mellon
New York
$1.31B -$32.9M -103,400 -3%
UBS Group
25
UBS Group
Switzerland
$1.28B +$37.5M +118,013 +3%

AXP Hedge Fund Activity: Q3 2025 in Review

2,748 of the 7,620 institutional investors tracked by Wall St. Rank reported a position in American Express (AXP) for Q3 2025, worth a combined $193B — up 1.9% from $190B a quarter earlier.

Buyers outnumbered sellers: 182 funds opened new AXP positions and 104 closed out — a net gain of 78 holders — while 1,017 added to existing stakes and 1,037 trimmed.

The largest buyer was JP Morgan Chase, adding an estimated $1B. The largest seller was Wellington Management Group, cutting an estimated $611M.

  • 2,748 institutional investors held American Express (AXP) as of Q3 2025, up from 2,709 in Q2 2025.
  • Funds reported $193B of American Express stock for Q3 2025, up 1.9% quarter-over-quarter.
  • 182 funds opened new American Express positions in Q3 2025 and 104 closed out, a net change of +78 holders.
  • The largest American Express buyer in Q3 2025 was JP Morgan Chase, an estimated $1B added.
  • The largest American Express seller in Q3 2025 was Wellington Management Group, an estimated $611M sold.

Based on aggregated 13F filings for Q3 2025.