Jeremy Grantham's AXP Position Overview
Jeremy Grantham (via Grantham, Mayo, Van Otterloo & Co. LLC) currently holds 58.6K shares of American Express Company (AXP) worth $19.47 M, representing 0.05% of the portfolio. First purchased in 2013-Q2, this long-term strategic position has been held for 50 quarters.
Based on 13F filings since 2013, Jeremy Grantham has maintained a long-term strategic position in AXP, representing a significant commitment to this investment thesis. Largest addition occurred in Q4 2015, adding 3.4M shares. Largest reduction occurred in Q3 2015, reducing 4.6M shares.
Analysis based on 13F filings available since 2013 Q2
Jeremy Grantham's American Express Company (AXP) Holding Value Over Time
Track share changes against reported price movement
Quarterly American Express Company (AXP) Trades by Jeremy Grantham
| Period | Bought/Sold (Sh.) | % Change | Qtr. End Shares | Reported Price |
|---|---|---|---|---|
| Q2 2013 | +249,401 | Add 0.00% | 249,400 | $74.76 |
| Q3 2013 | +100,100 | Add 40.14% | 349,500 | $75.52 |
| Q4 2013 | -13,052 | Reduce 3.73% | 336,448 | $90.73 |
| Q1 2014 | -104,882 | Reduce 31.17% | 231,566 | $90.03 |
| Q2 2014 | -47,966 | Reduce 20.71% | 183,600 | $94.87 |
| Q3 2014 | +96,700 | Add 52.67% | 280,300 | $87.54 |
| Q4 2014 | -48,600 | Reduce 17.34% | 231,700 | $93.04 |
| Q1 2015 | +1.56 M | Add 673.72% | 1.79 M | $78.12 |
| Q2 2015 | +2.91 M | Add 162.38% | 4.7 M | $77.72 |
| Q3 2015 | -4.64 M | Reduce 98.70% | 61,248 | $74.12 |
| Q4 2015 | +3.38 M | Add 5526.33% | 3.45 M | $69.55 |
| Q1 2016 | +1.75 M | Add 50.91% | 5.2 M | $61.40 |
| Q2 2016 | +1.37 M | Add 26.42% | 6.57 M | $60.76 |
| Q3 2016 | +502,111 | Add 7.64% | 7.08 M | $64.04 |
| Q4 2016 | -854,305 | Reduce 12.07% | 6.22 M | $74.08 |
| Q1 2017 | -1.38 M | Reduce 22.19% | 4.84 M | $79.11 |
| Q2 2017 | +135,761 | Add 2.80% | 4.98 M | $84.24 |
| Q3 2017 | -1.03 M | Reduce 20.65% | 3.95 M | $90.46 |
| Q4 2017 | -912,810 | Reduce 23.11% | 3.04 M | $99.31 |
| Q1 2018 | +234,682 | Add 7.73% | 3.27 M | $93.28 |
| Q2 2018 | -607,845 | Reduce 18.58% | 2.66 M | $98.00 |
| Q3 2018 | -6,500 | Reduce 0.24% | 2.66 M | $106.49 |
| Q4 2018 | +95,958 | Add 3.61% | 2.75 M | $95.32 |
| Q1 2019 | -190,629 | Reduce 6.93% | 2.56 M | $109.30 |
| Q2 2019 | -138,058 | Reduce 5.39% | 2.42 M | $123.44 |
| Q3 2019 | +40,292 | Add 1.66% | 2.46 M | $118.28 |
| Q4 2019 | -15,753 | Reduce 0.64% | 2.45 M | $124.49 |
| Q1 2020 | +52,801 | Add 2.16% | 2.5 M | $85.61 |
| Q2 2020 | +150,960 | Add 6.04% | 2.65 M | $95.20 |
| Q3 2020 | +74,380 | Add 2.80% | 2.73 M | $100.25 |
| Q4 2020 | -137,819 | Reduce 5.05% | 2.59 M | $120.91 |
| Q1 2021 | -393,958 | Reduce 15.22% | 2.19 M | $141.44 |
| Q2 2021 | -63,134 | Reduce 2.88% | 2.13 M | $165.23 |
| Q3 2021 | -345,093 | Reduce 16.19% | 1.79 M | $167.53 |
| Q4 2021 | -152,251 | Reduce 8.52% | 1.63 M | $163.60 |
| Q1 2022 | -14,650 | Reduce 0.90% | 1.62 M | $187.00 |
| Q2 2022 | -61,779 | Reduce 3.81% | 1.56 M | $138.62 |
| Q3 2022 | +66,040 | Add 4.24% | 1.62 M | $134.91 |
| Q4 2022 | -288,356 | Reduce 17.76% | 1.34 M | $147.75 |
| Q1 2023 | -351,782 | Reduce 26.34% | 983,752 | $164.95 |
| Q2 2023 | +117,488 | Add 11.94% | 1.1 M | $174.20 |
| Q3 2023 | +77,677 | Add 7.05% | 1.18 M | $149.19 |
| Q4 2023 | -5,100 | Reduce 0.43% | 1.17 M | $187.34 |
| Q1 2024 | +93,962 | Add 8.00% | 1.27 M | $227.69 |
| Q2 2024 | -5,429 | Reduce 0.43% | 1.26 M | $231.55 |
| Q3 2024 | -1.16 M | Reduce 92.20% | 98,421 | $271.20 |
| Q4 2024 | -28,965 | Reduce 29.43% | 69,456 | $296.79 |
| Q1 2025 | +739 | Add 1.06% | 70,195 | $269.05 |
| Q2 2025 | +4,406 | Add 6.28% | 74,601 | $318.98 |
| Q3 2025 | -15,991 | Reduce 21.44% | 58,610 | $332.16 |
Jeremy Grantham's American Express Company Investment FAQs
Jeremy Grantham first purchased American Express Company (AXP) in Q2 2013, acquiring 249,400 shares, as reported in their 13F filing for that period. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.
Jeremy Grantham has held American Express Company (AXP) for 50 quarters since Q2 2013. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.
Jeremy Grantham's largest addition to American Express Company (AXP) was in Q4 2015, adding 3,446,015 shares worth $239.67 M. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.
According to the latest 13F filing for Q3 2025, Jeremy Grantham's firm, Grantham, Mayo, Van Otterloo & Co. LLC, owns 58,610 shares of American Express Company (AXP), valued at approximately $19.47 M. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.
As of the Q3 2025 filing, American Express Company (AXP) represents approximately 0.05% of Jeremy Grantham's publicly disclosed stock portfolio, making it one of their key holdings. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.
Jeremy Grantham's peak holding in American Express Company (AXP) was 7,076,210 shares, as reported at the end of Q3 2016. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.