13F-HR: American Express Co Discloses Q1 2024 13F Holdings

American Express Co's latest 13F filing reveals its holdings as of March 31, 2024, with a total value of approximately $970.9 million.

Summary

• American Express Co filed its Form 13F for the quarter ended March 31, 2024.
• The filing reports total holdings valued at $970,856,619.
• The filing includes 4 holdings.
• The largest holding is Global Business Travel Group, Inc. with 157,786,199 shares valued at $948,295,056.
• Other holdings include Better Home & Finance Holding Co, Carver Bancorp Inc, and Maplebear Inc.

Sentiment

Score: 5

Explanation: The document is a standard 13F filing, which is factual and doesn't inherently convey positive or negative sentiment. The sentiment is neutral.

Industry Context

This 13F filing provides insight into the investment strategy of American Express Co and its exposure to various sectors, including finance, travel, and technology. The large position in Global Business Travel Group suggests a bullish outlook on the recovery of the travel industry.

Comparison to Industry Standards

• Comparing the portfolio allocation to other financial institutions' 13F filings could reveal whether American Express's investment strategy is conservative or aggressive.
• For example, comparing the allocation to technology stocks versus traditional financial stocks could be insightful.
• Comparing the returns on these investments to industry benchmarks like the S&P 500 or specific sector ETFs would provide a performance assessment.

Key Dates