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Giverny Capital Invests Heavily in American Express

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AXP
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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.

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