Jeremy Grantham's AXP Position Overview
Jeremy Grantham (via Grantham, Mayo, Van Otterloo & Co. LLC) currently holds 23,884 shares of American Express Company (AXP) worth $8.84 M, representing 0.02% of the portfolio. First purchased in 2013-Q2, this long-term strategic position has been held for 51 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 3.38 M shares. Largest reduction occurred in Q3 2015, reducing 4.64 M 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
| Report Date | Bought/Sold (Sh.) | % Change | Qtr. End Shares | Reported Price |
|---|---|---|---|---|
| Q4 2025 | -34,726 | Reduce 59.25% | 23,884 | $369.95 |
| Q3 2025 | -15,991 | Reduce 21.44% | 58,610 | $332.16 |
| Q2 2025 | +4,406 | Add 6.28% | 74,601 | $318.98 |
| Q1 2025 | +739 | Add 1.06% | 70,195 | $269.05 |
| Q4 2024 | -28,965 | Reduce 29.43% | 69,456 | $296.79 |
| Q3 2024 | -1.16 M | Reduce 92.20% | 98,421 | $271.20 |
| Q2 2024 | -5,429 | Reduce 0.43% | 1.26 M | $231.55 |
| Q1 2024 | +93,962 | Add 8.00% | 1.27 M | $227.69 |
| Q4 2023 | -5,100 | Reduce 0.43% | 1.17 M | $187.34 |
| Q3 2023 | +77,677 | Add 7.05% | 1.18 M | $149.19 |
| Q2 2023 | +117,488 | Add 11.94% | 1.1 M | $174.20 |
| Q1 2023 | -351,782 | Reduce 26.34% | 983,752 | $164.95 |
| Q4 2022 | -288,356 | Reduce 17.76% | 1.34 M | $147.75 |
| Q3 2022 | +66,040 | Add 4.24% | 1.62 M | $134.91 |
| Q2 2022 | -61,779 | Reduce 3.81% | 1.56 M | $138.62 |
| Q1 2022 | -14,650 | Reduce 0.90% | 1.62 M | $187.00 |
| Q4 2021 | -152,251 | Reduce 8.52% | 1.63 M | $163.60 |
| Q3 2021 | -345,093 | Reduce 16.19% | 1.79 M | $167.53 |
| Q2 2021 | -63,134 | Reduce 2.88% | 2.13 M | $165.23 |
| Q1 2021 | -393,958 | Reduce 15.22% | 2.19 M | $141.44 |
| Q4 2020 | -137,819 | Reduce 5.05% | 2.59 M | $120.91 |
| Q3 2020 | +74,380 | Add 2.80% | 2.73 M | $100.25 |
| Q2 2020 | +150,960 | Add 6.04% | 2.65 M | $95.20 |
| Q1 2020 | +52,801 | Add 2.16% | 2.5 M | $85.61 |
| Q4 2019 | -15,753 | Reduce 0.64% | 2.45 M | $124.49 |
| Q3 2019 | +40,292 | Add 1.66% | 2.46 M | $118.28 |
| Q2 2019 | -138,058 | Reduce 5.39% | 2.42 M | $123.44 |
| Q1 2019 | -190,629 | Reduce 6.93% | 2.56 M | $109.30 |
| Q4 2018 | +95,958 | Add 3.61% | 2.75 M | $95.32 |
| Q3 2018 | -6,500 | Reduce 0.24% | 2.66 M | $106.49 |
| Q2 2018 | -607,845 | Reduce 18.58% | 2.66 M | $98.00 |
| Q1 2018 | +234,682 | Add 7.73% | 3.27 M | $93.28 |
| Q4 2017 | -912,810 | Reduce 23.11% | 3.04 M | $99.31 |
| Q3 2017 | -1.03 M | Reduce 20.65% | 3.95 M | $90.46 |
| Q2 2017 | +135,761 | Add 2.80% | 4.98 M | $84.24 |
| Q1 2017 | -1.38 M | Reduce 22.19% | 4.84 M | $79.11 |
| Q4 2016 | -854,305 | Reduce 12.07% | 6.22 M | $74.08 |
| Q3 2016 | +502,111 | Add 7.64% | 7.08 M | $64.04 |
| Q2 2016 | +1.37 M | Add 26.42% | 6.57 M | $60.76 |
| Q1 2016 | +1.75 M | Add 50.91% | 5.2 M | $61.40 |
| Q4 2015 | +3.38 M | Add 5526.33% | 3.45 M | $69.55 |
| Q3 2015 | -4.64 M | Reduce 98.70% | 61,248 | $74.12 |
| Q2 2015 | +2.91 M | Add 162.38% | 4.7 M | $77.72 |
| Q1 2015 | +1.56 M | Add 673.72% | 1.79 M | $78.12 |
| Q4 2014 | -48,600 | Reduce 17.34% | 231,700 | $93.04 |
| Q3 2014 | +96,700 | Add 52.67% | 280,300 | $87.54 |
| Q2 2014 | -47,966 | Reduce 20.71% | 183,600 | $94.87 |
| Q1 2014 | -104,882 | Reduce 31.17% | 231,566 | $90.03 |
| Q4 2013 | -13,052 | Reduce 3.73% | 336,448 | $90.73 |
| Q3 2013 | +100,100 | Add 40.14% | 349,500 | $75.52 |
| Q2 2013 | +249,400 | Add 0.00% | 249,400 | $74.76 |
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 51 quarters since Q2 2013.
Jeremy Grantham's largest addition to American Express Company (AXP) was in Q4 2015, adding 3,446,015 shares worth $239.67 M.
According to the latest 13F filing for Q4 2025, Jeremy Grantham's firm, Grantham, Mayo, Van Otterloo & Co. LLC, owns 23,884 shares of American Express Company (AXP), valued at approximately $8.84 M.
As of the Q4 2025 filing, American Express Company (AXP) represents approximately 0.02% of Jeremy Grantham's publicly disclosed stock portfolio, making it one of their key holdings.
Jeremy Grantham's peak holding in American Express Company (AXP) was 7,076,210 shares, as reported at the end of Q3 2016.