Wilmington Savings Fund Society FSB Trims American Express Holdings

The financial institution reduced its stake in the payment services company by over 50% in the third quarter.

Mar. 19, 2026 at 11:33am

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Wilmington Savings Fund Society FSB, a financial institution based in Wilmington, Delaware, trimmed its holdings in shares of American Express Company (NYSE:AXP) by 50.8% in the 3rd quarter, according to the company's recent disclosure with the Securities & Exchange Commission. The firm owned 13,474 shares of the payment services company's stock after selling 13,936 shares during the period.

Why it matters

This move by Wilmington Savings Fund Society FSB, a major institutional investor, provides insight into the investment strategies and portfolio adjustments of large financial firms. Tracking changes in institutional ownership can offer clues about market sentiment and future performance of a stock.

The details

Wilmington Savings Fund Society FSB reduced its stake in American Express from 27,410 shares to 13,474 shares, a 50.8% decrease. The firm's holdings in American Express were valued at $4,476,000 at the end of the reporting period.

  • Wilmington Savings Fund Society FSB made the portfolio changes in the 3rd quarter of the year.

The players

Wilmington Savings Fund Society FSB

A financial institution based in Wilmington, Delaware that manages investment portfolios.

American Express Company

A global financial services company primarily known for its payment card products, travel services and merchant network.

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The takeaway

This filing provides a glimpse into the investment decisions of a major institutional investor, Wilmington Savings Fund Society FSB, and its reduced exposure to American Express. Tracking changes in institutional ownership can offer insights into market sentiment and potential future performance of a stock.