Giverny Capital Invests Heavily in American Express
Giverny Capital Inc., a financial institution, has invested $15.75 million in American Express Company (NYSE:AXP) through the purchase of 46,702 shares.
This investment was disclosed in Giverny's most recent Form 13F filing with the Securities and Exchange Commission for the second quarter of this year.
A number of other large investors have also made changes to their positions in American Express during the same period. For example, Wellington Grp LLC increased its stake by 48%, while Strategic Financial Services Inc. purchased a new stake worth approximately $212,000.