Holdings Channel
Bill Ackman's: Pershing Square Capital Management
Louis Bacon's: Moore Capital Management
Kyle Bass's: HAYMAN CAPITAL MANAGEMENT,
Bruce Berkowitz's: Fairholme Capital Management
Warren Buffett's: Berkshire Hathaway
Steven Cohen's: Point72 Asset Management
Chase Coleman's: Tiger Global Management
Ray Dalio's: Bridgewater Associates
David Einhorn's: Greenlight Capital
Ken Fisher's: Fisher Asset Management
Jeremy Grantham's: Grantham Mayo Van Otterloo
Joel Greenblatt's: Gotham Asset Management
Ken Griffin's: Citadel Advisors
Andreas Halvorsen's: Viking Global Investors
Carl Icahn: Icahn Carl C
Seth Klarman's: Baupost Group
Daniel Loeb's: Third Point
Howard Marks's: Oaktree Capital Management
Victor Mashaal's: Senvest Management
John Paulson's: Paulson & CO.
Nelson Peltz's: Trian Fund Management
Larry Robbins's: Glenview Capital Management
Wilbur Ross's: Invesco Private Capital,
Barry Rosenstein's: Jana Partners
Jim Simons's: Renaissance Technologies
Paul Singer's: Elliott Investment Management
George Soros's: Soros Fund Management
Brian Taylor's: Pine River Capital Management
David Tepper's: APPALOOSA MANAGEMENT
Prem Watsa's: Fairfax Financial Holdings
Cathie Wood's: ARK Investment Management
Warren Buffett Dividend Stock Portfolio
Quotes delayed 20 minutes

Email EnvelopeFree AXP Email Alerts:
Get Dividend Alerts
Get SEC Filing Alerts

Free Dividend Report - Top Ranked Stocks
See Which Of The Latest 13F Filers Holds American Express
Joel Kornblau - Friday, October 28, 12:06 PM

At Holdings Channel, we have reviewed the latest batch of the 23 most recent 13F filings for the 09/30/2022 reporting period, and noticed that American Express Co. (AXP) was held by 12 of these funds. When hedge fund managers appear to be thinking alike, we find it is a good idea to take a closer look.

Before we proceed, it is important to point out that 13F filings do not tell the whole story, because these funds are only required to disclose their long positions with the SEC, but are not required to disclose their short positions. A fund making a bearish bet against a stock by shorting calls, for example, might also be long some amount of stock as they trade around their overall bearish position. This long component could show up in a 13F filing and everyone might assume the fund is bullish, but this tells only part of the story because the bearish/short side of the position is not seen.

Having given that caveat, we believe that looking at groups of 13F filings can be revealing, especially when comparing one holding period to another. Below, let's take a look at the change in AXP positions, for this latest batch of 13F filers:

FundNew Position?Change In Share CountChange In Market Value ($ in 1000's)
Aspiriant LLC Existing +284+$21
Keystone Financial Services Existing -53-$16
Lafayette Investments Inc. Existing UNCH-$5
Klingenstein Fields & Co. LP Existing -320-$499
Cambiar Investors LLC Existing +256-$726
Grimes & Company Inc. Existing +112-$16
EFG Asset Management North America Corp. Existing -792-$146
Palisades Hudson Asset Management L.P. Existing UNCH-$10
Bell Rock Capital LLC NEW +6,825+$921
Alta Advisers Ltd NEW +1,600+$216
West Oak Capital LLC Existing -80-$67
New York State Teachers Retirement System Existing -11,019-$4,173
Aggregate Change: -3,187-$4,500

In terms of shares owned, we count 3 of the above funds having increased existing AXP positions from 06/30/2022 to 09/30/2022, with 5 having decreased their positions and 2 new positions. Worth noting is that Joseph P. Lucia & Associates LLC, and Rezny Wealth Management Inc., included in this recent batch of 13F filers, exited AXP common stock as of 09/30/2022.

Looking beyond these particular funds in this one batch of most recent filers, we tallied up the AXP share count in the aggregate among all of the funds which held AXP at the 09/30/2022 reporting period (out of the 1,814 we looked at in total). We then compared that number to the sum total of AXP shares those same funds held back at the 06/30/2022 period, to see how the aggregate share count held by hedge funds has moved for AXP. We found that between these two periods, funds reduced their holdings by 114,129 shares in the aggregate, from 24,165,427 down to 24,051,298 for a share count decline of approximately -0.47%. The overall top three funds holding AXP on 09/30/2022 were:

»FundShares of AXP Held
1.Rothschild & Co Wealth Management UK Ltd 3,590,736
2.Sumitomo Mitsui Trust Holdings Inc. 2,259,350
3.Nordea Investment Management AB 1,680,094
4-10Find out the full Top 10 Hedge Funds Holding AXP»

We'll keep following the latest 13F filings by hedge fund managers and bring you interesting stories derived from a look at the aggregate information across groups of managers between filing periods. While looking at individual 13F filings can sometimes be misleading due to the long-only nature of the information, the sum total across groups of funds from one reporting period to another can be a lot more revealing and relevant, providing interesting stock ideas that merit further research, like American Express Co. (AXP).

« Back

10 Dow Components Hedge Funds Are Buying
10 Dow Components Hedge Funds Are Selling
10 S&P 500 Components Hedge Funds Are Buying
10 S&P 500 Components Hedge Funds Are Selling
BDCs Hedge Funds Are Buying
BDCs Hedge Funds Are Selling
MLPs Hedge Funds Are Buying
MLPs Hedge Funds Are Selling
REITs Hedge Funds Are Buying
REITs Hedge Funds Are Selling
Mortgage REITs Hedge Funds Are Buying
Mortgage REITs Hedge Funds Are Selling
Blue Chip Dividend Stocks Hedge Funds Are Buying
Blue Chip Dividend Stocks Hedge Funds Are Selling
Stocks Insiders And Hedge Funds Are Buying
Stocks Insiders Are Buying But Hedge Funds Are Selling
Stocks Analysts Like And Hedge Funds Are Buying
Stocks Analysts Like But Hedge Funds Are Selling
Stocks Conducting Buybacks That Hedge Funds Are Buying
Stocks Conducting Buybacks That Hedge Funds Are Selling
Stocks with Recent Secondaries That Hedge Funds Are Buying
Stocks with Recent Secondaries That Hedge Funds Are Selling

See Which Of The Latest 13F Filers Holds American Express | www.HoldingsChannel.com | Copyright © 2013 - 2024, All Rights Reserved

Nothing in Holdings Channel is intended to be investment advice, nor does it represent the opinion of, counsel from, or recommendations by BNK Invest Inc. or any of its affiliates, subsidiaries or partners. None of the information contained herein constitutes a recommendation that any particular security, portfolio, transaction, or investment strategy is suitable for any specific person. All viewers agree that under no circumstances will BNK Invest, Inc,. its subsidiaries, partners, officers, employees, affiliates, or agents be held liable for any loss or damage caused by your reliance on information obtained. By visiting, using or viewing this site, you agree to the following Full Disclaimer & Terms of Use and Privacy Policy. Video widget and market videos powered by Market News Video. Quote and option data delayed at least 15 minutes; stock quote data powered by Ticker Technologies, and Mergent. Contact Holdings Channel; Meet Our Editorial Staff.