Heard Capital LLC: AMERICAN EXPRESS (AXP): Quarterly 13F Position History
As of Q1 2026, Heard Capital LLC reported 339,827 shares of AMERICAN EXPRESS (AXP), worth $102.8M and representing 5.3% of its 13F equity book. Quarter-over-quarter share count change: 6,308 (-1.8%) . The position first appeared in Q1 2023 and has been disclosed across 13 13F-HR filings in Pactolio's tracked window.
- 339,827Shares Held (Latest Filing)
- $102.8MReported Market Value (Latest Filing)
- 5.3%Portfolio Weight (% of 13F Equity Book)
- 6,308Quarter-over-Quarter Share Change
- -$25.3MQuarter-over-Quarter Value Change
- 478,898Peak Reported Shares (Historical)
Quarterly 13F-HR Disclosure History Source: SEC 13F-HR filings, 13 quarter s
| Quarter | Shares | QoQ Share Change | Share Change (%) | Market Value | Weight | Implied Price |
|---|---|---|---|---|---|---|
| Q1 2026 | 339,827 | 6,308 | -1.8% | $102.8M | 5.3% | $302.5 |
| Q4 2025 | 346,135 | 85,605 | -19.8% | $128.1M | 6.0% | $369.9 |
| Q3 2025 | 431,740 | +45,745 | +11.9% | $143.4M | 7.8% | $332.2 |
| Q2 2025 | 385,995 | 16,470 | -4.1% | $123.1M | 6.4% | $319.0 |
| Q1 2025 | 402,465 | +21,335 | +5.6% | $108.3M | 6.4% | $269.1 |
| Q4 2024 | 381,130 | +7,203 | +1.9% | $113.1M | 6.7% | $296.8 |
| Q3 2024 | 373,927 | 3,253 | -0.9% | $101.4M | 5.7% | $271.2 |
| Q2 2024 | 377,180 | 18,055 | -4.6% | $87.3M | 5.3% | $231.6 |
| Q1 2024 | 395,235 | 55,744 | -12.4% | $90.0M | 5.7% | $227.7 |
| Q4 2023 | 450,979 | 27,919 | -5.8% | $84.5M | 5.7% | $187.3 |
| Q3 2023 | 478,898 | +99,983 | +26.4% | $71.4M | 5.4% | $149.2 |
| Q2 2023 | 378,915 | +163,423 | +75.8% | $66.0M | 5.1% | $174.2 |
| Q1 2023 | 215,492 | — | — | $35.5M | 3.0% | $164.9 |
Methodology & FAQ
How This Position History Is Sourced
Each row is one SEC Form 13F-HR filing disclosing this position. Share count, market value, and reported quarter are taken verbatim from the filing; portfolio weight is recomputed against the same filing's total reported equity book. Implied price-per-share is market value divided by shares — a quarter-end mark, not the manager's cost basis. See the full methodology document for the normalization rules.
When did Heard Capital LLC first disclose a AXP position in 13F-HR filings?
Heard Capital LLC first reported AMERICAN EXPRESS (AXP) on its 13F-HR filing for the period ending 2023-03-31 (Q1 2023). The position has appeared on 13 reported quarters within Pactolio's tracked window.
What was Heard Capital LLC's most recent quarter-over-quarter share-count change in AXP?
Between Q4 2025 and Q1 2026, Heard Capital LLC reduced its AXP position by 6,308 shares (-1.8%), leaving 339,827 shares at a market value of $102.8M.
Does the implied price-per-share represent Heard Capital LLC's cost basis in AXP?
No. The implied price-per-share column is the 13F-HR reported market value divided by reported share count on the filing date (end of quarter). It is a quarter-end mark, not a cost basis or transaction price. Use it as a sanity check on the value column, not as an indicator of the manager's entry or exit price.