# American Express (AXP): value investors who own it

16 value investors held American Express in their Q3 2026 13F, led by Berkshire Hathaway, Smead Capital Management, Tweedy, Browne, Markel Group, First…

## 13F holders

| Manager | Portfolio | Value | Change | Quarters held |
| --- | --- | --- | --- | --- |
| Berkshire Hathaway | 17.1% | $51bn | Unchanged | 53 |
| Smead Capital Management | 3.6% | $171m | Trimmed -1.2% | 41 |
| Tweedy, Browne | 1.6% | $21.2m | Trimmed -0.4% | 17 |
| Markel Group | 1.3% | $166m | Unchanged | 53 |
| First Eagle Investment Management | 0.9% | $568m | Added +1.1% | 53 |
| Giverny Capital | 0.5% | $15.8m | New | 1 |
| Mairs & Power | 0.5% | $49.3m | Trimmed -2.2% | 53 |
| Davis Selected Advisers | 0.3% | $71.0m | Trimmed -10% | 53 |
| Semper Augustus | 0.1% | $1.1m | Trimmed -3.6% | 46 |
| Lindsell Train | 0.1% | $2.6m | Trimmed -16% | 25 |
| Harris Associates (Oakmark) | 0.1% | $68.8m | Trimmed -0.1% | 26 |
| Matrix Asset Advisors | 0.1% | $862k | Unchanged | 54 |
| Dodge & Cox | 0.1% | $91.8m | Trimmed -2.2% | 53 |
| Gardner Russo & Quinn | 0.0% | $1.7m | Trimmed -21% | 53 |
| Horizon Kinetics | 0.0% | $442k | Unchanged | 5 |
| Ruane, Cunniff & Goldfarb (Sequoia) | 0.0% | $315k | Unchanged | 10 |

## Directors buying and selling (Form 4, last 12 months)

| Date | Who | Role | Bought or sold | Shares | Value |
| --- | --- | --- | --- | --- | --- |
| 2026-08-18 | Herena Monique | Chief Colleague Exp. Officer | Sold | 8811 | $3.0m |

## Fund holders

| Fund | Manager | Weight | Value | As at |
| --- | --- | --- | --- | --- |
| Smead Value Fund | Smead Capital Management | 3.8% | $149m | 2026-05-29 |
| First Eagle Global Fund | First Eagle Investment Management | 0.5% | $400m | 2026-07-31 |

Source: SEC filings, via moatshark (https://www.moatshark.com/s/axp). Values traded and returns are estimates. Not investment advice. Built 2026-10-21.