13FPulse
AX

AXP AMERICAN EXPRESS CO

2026Q2 · CUSIP 025816109 · Sector: Financials

Piling in

Net holder growth ranks near the top of the market

Funds that own it
2,944
Institutions that reported holding it to the SEC
Net increase in holders
+49
Last quarter 2,895 → now 2,944
How unusual is that
Top 10%
Stronger buying than 94% of US stocks
What the filings say, in one paragraph

2,944 funds held AXP at the end of 2026Q2, up 49 from the quarter before. That is stronger buying than 94.4% of US stocks — among the most piled-into names this quarter. On the business itself, the P/E is 20.0x, return on equity is 33.4%. AXP has had 33 buying rushes in its history, and the price moved +5.2% on average over the six months after (that is the raw price move, not how much it beat the market by). It sits in the Financials sector.

How many funds owned it, quarter by quarter

Bars = net change in institutional holders, positive (green) or negative (red). Line = total institutional holders.

2013Q3: holders=1043 2013Q4: holders=1131 2014Q1: holders=1157 2014Q2: holders=1164 2014Q3: holders=1176 2014Q4: holders=1264 2015Q1: holders=1266 2015Q2: holders=1228 2015Q3: holders=1227 2015Q4: holders=1217 2016Q1: holders=1149 2016Q2: holders=1135 2016Q3: holders=1139 2016Q4: holders=1254 2017Q1: holders=1254 2017Q2: holders=1265 2017Q3: holders=1290 2017Q4: holders=1422 2018Q1: holders=1440 2018Q2: holders=1427 2018Q3: holders=1450 2018Q4: holders=1516 2019Q1: holders=1582 2019Q2: holders=1570 2019Q3: holders=1584 2019Q4: holders=1672 2020Q1: holders=1539 2020Q2: holders=1576 2020Q3: holders=1556 2020Q4: holders=1720 2021Q1: holders=1780 2021Q2: holders=1843 2021Q3: holders=1867 2021Q4: holders=1997 2022Q1: holders=2064 2022Q2: holders=1972 2022Q3: holders=1914 2022Q4: holders=2002 2023Q1: holders=2050 2023Q2: holders=2041 2023Q3: holders=2003 2023Q4: holders=2189 2024Q1: holders=2305 2024Q2: holders=2343 2024Q3: holders=2452 2024Q4: holders=2632 2025Q1: holders=2614 2025Q2: holders=2711 2025Q3: holders=2749 2025Q4: holders=3037 2026Q1: holders=2895 2026Q2: holders=2944 -288 -144 +0 +144 +288 93820643189 13Q315Q116Q318Q119Q321Q122Q324Q125Q326Q2 Net change in holders (bars) Total funds holding (line)

What happened after each past buying rush 33 times in its history

Quarter of the rush How unusual then Price, next 3 months Price, next 6 months
2026Q2 Top 10%
2025Q4 Top 1% in the market -9.3%
2025Q3 Top 10% +0.6% -8.7%
2025Q2 Top 5% +16.6% +13.3%
2024Q4 Top 5% -3.3% -0.7%
2024Q3 Top 1% in the market +3.7% +1.1%
2024Q2 Top 10% +14.8% +23.7%
2024Q1 Top 1% in the market +4.9% +18.8%

These are the raw price moves, not how much it beat the market by. Compare them against the market over the same months — in a strong bull market almost everything is up.

Show all the numbers (large funds, value held, options…) ▾
Of them, large funds
378
Change in large funds
+30
Total value they hold
$195.7B
Funds buying for the first time
261
Funds that sold out entirely
212
Price change that quarter
+6.0%
Funds holding puts (bearish)
47
Funds holding calls (bullish)
41

These are for people who want to dig. Skip them if they do not mean anything to you — the three numbers above are enough.

8,697 institutions have filed for this quarter. 13F permits late filing and a small number arrive in the weeks after the deadline, so the holder counts and changes below may tick up.

Fundamentals

PE (TTM)
20.0
EPS (TTM)
$16.47
EPS YoY
+15.6%
Revenue (TTM)
Revenue YoY
Net margin
ROE
33.4%
Debt ratio
88.9%
FCF (TTM)
$15.1B
Dividend (TTM)
$3.54
Quarterly Revenue & EPS
2022-09-30: EPS 2.47 2022-12-31: EPS 2.08 2023-03-31: EPS 2.40 2023-06-30: EPS 2.89 2023-09-30: EPS 3.30 2023-12-31: EPS 2.62 2024-03-31: EPS 3.33 2024-06-30: EPS 4.15 2024-09-30: EPS 3.49 2024-12-31: EPS 3.04 2025-03-31: EPS 3.64 2025-06-30: EPS 4.08 2025-09-30: EPS 4.14 2025-12-31: EPS 3.52 2026-03-31: EPS 4.28 2026-06-30: EPS 4.53 0.00 2.49 4.98 2022202320242025202606/26 EPS

Quarterly figures, revenue up to 10 years back; EPS split-adjusted, early quarters hidden when not calibrable

P/E (TTM) over time
4Y median 21 13 19 25 2023202420252026

P/E = close around day 47 after quarter-end ÷ TTM EPS then; this is a consistent valuation date, not the company’s actual filing date; loss quarters hidden

Quarterly free cash flow
-2.6B2.8B8.2B 20162017201820192020202120222023202420252026
Latest quarter $2.7B (2026-03-31)

FCF = operating cash flow − capex, computed from SEC XBRL; banks/insurers have no standard cash-flow structure and are hidden

As of 2026-06-30 · SEC filings (XBRL)

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2026 Q3 holdings are due 2026-11-16. We will email you when the refreshed lists are live.