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Rayburn West Financial Services Invests Heavily in American Express

Guavy AI Editorial Team
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AXP
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Rayburn West Financial Services LLC has invested $6.65 million in American Express Company (NYSE:AXP) by purchasing 19,651 shares during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission.

The firm's stake in American Express accounts for about 3.7% of Rayburn West Financial Services LLC's portfolio, making it their seventh biggest holding.

This is not an isolated investment; several other hedge funds have also recently added to or reduced their stakes in AXP.

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