As part of the weekly research here at The Acquirer’s Multiple we’re always interested in superinvestors who hold the same stocks that appear in our Acquirer’s Multiple Stock Screeners, based on their latest 13F’s. Investors such as Warren Buffett, Joel Greenblatt, Carl Icahn, Jim Simons, Prem Watsa, Jeremy Grantham, Seth Klarman, Ray Dalio, and Howard Marks.
While doing this research we also uncovered a number of superinvestors that currently hold stocks that don’t appear in our screens at the moment. So we’re now providing a new weekly feature article called ‘One Stock Superinvestors Are Buying‘ which features one stock that appears in a number of superinvestor portfolos, and who’s buying it, or holding it. This week we’ll take a look at:
American Express Company (NYSE: AXP)
American Express is a global financial institution, operating in about 130 countries, that provides consumers and businesses charge and credit card payment products. The company operates a highly profitable merchant payment network. Since 2018, the company has operated in three segments: global consumer services, global commercial services, and global merchant and network services. In addition to payment products, the company’s commercial business offers expense management tools, consulting services, and business loans.
A quick look at the price chart below for American Express shows us that the stock is down 20% in the past twelve months.
(Source: Morningstar)
Superinvestors who currently hold positions in American Express include:
Warren Buffett – 151,610,700 shares
Ken Fisher – 14,039,112 shares
Chris Davis – 5,396,526 shares
Andreas Halvorsen – 3,878,280 shares
Jean-Marie Eveillard – 3,823,483 shares
Mario Gabelli – 1,451,032 shares
Tom Gayner – 483,950 shares
Cliff Asness – 466,076 shares
Tweedy Browne – 301,119 shares
Guy Spier – 210,000 shares
Ken Griffin – 146,474 shares
David Einhorn – 127,200 shares
Tom Russo – 121,643 shares
Joel Greenblatt – 63,327 shares
Robert Olstein – 54,000 shares
Murray Stahl – 11,493 shares
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