Norges Bank’s American Express Co Position
Does Norges Bank own American Express Co (AXP)? Not currently — the last reported position was 6.66M shares worth $2.5B in Q4 2025; the fund’s latest 13F (Q1 2026) no longer reports it.
Position Value
$2.5B
Q4 2025
Shares
6.66M
% of Portfolio
+0.26%
Quarters Held
23
position exited
Position History AXP
Reported value by quarter
| Quarter | Shares | Value | % of Portfolio |
|---|---|---|---|
| Q4 2025 | 6.66M | $2.5B | +0.26% |
| Q2 2025 | 5.95M | $1.9B | +0.24% |
| Q1 2025 | 5.96M | $1.4B | +0.21% |
| Q4 2024 | 6.02M | $1.8B | +0.23% |
| Q3 2024 | 6.65M | $991M | +0.20% |
| Q2 2024 | 13.00M | $2.6B | +0.22% |
| Q1 2024 | 6.50M | $1.1B | +0.23% |
| Q4 2023 | 5.94M | $1.1B | +0.19% |
| Q3 2023 | 5.66M | $763M | +0.20% |
| Q2 2023 | 5.62M | $780M | +0.20% |
| Q4 2022 | 6.17M | $912M | +0.22% |
| Q3 2022 | 5.99M | $1.0B | +0.22% |
| Q2 2022 | 6.02M | $995M | +0.22% |
| Q1 2022 | 6.44M | $911M | +0.21% |
| Q3 2021 | 7.03M | $705M | +0.19% |
| Q2 2021 | 7.34M | $698M | +0.20% |
| Q1 2021 | 6.68M | $572M | +0.20% |
| Q3 2020 | 6.65M | $786M | +0.24% |
| Q2 2020 | 7.07M | $872M | +0.27% |
| Q1 2020 | 6.93M | $758M | +0.24% |
| Q3 2019 | 6.85M | $730M | +0.24% |
| Q2 2019 | 6.47M | $634M | +0.22% |
| Q1 2019 | 6.60M | $616M | +0.22% |
Common-stock position only; options are excluded. Quarters where the fund filed no 13F or reported no position are absent. See Norges Bank’s full portfolio or all institutional holders of AXP.