5 Best Mario Gabelli Stocks Other Billionaires Are Also Piling Into

3. American Express Company (NYSE:AXP)

Number of Billionaire Investors In Q3 2023: 15

American Express Company (NYSE:AXP) is an iconic American travel services and financial products provider. Amidst speculation in the market that it might be Apple’s next company of choice for the Apple Card, the firm’s CEO wasn’t too excited about the prospect at a financial conference in December 2023.

As 2023’s third quarter ended, out of the 910 hedge funds part of Insider Monkey’s database, 74 were American Express Company (NYSE:AXP) investors. Warren Buffett’s Berkshire Hathaway was the largest shareholder due to its $22.6 billion investment.

Follow American Express Co (NYSE:AXP)