GreensKeeper Asset Management Value Fund’s Top Contributor: American Express (AXP)

GreensKeeper Asset Management, an investment management company, released its second-quarter 2025 investor letter. A copy of the letter can be downloaded here. The Value Fund has reached the midpoint of 2025, recording a decline of -3.6% net of fees and expenses. The US dollar has experienced a substantial depreciation, negatively impacting performance by over 5.0% year-to-date (YTD). The fund’s robust beginning in Q1 was reversed in Q2 as markets shrugged off President Trump’s “Liberation Day” tariffs and adopted a full “risk on” stance. In addition, you can check the fund’s top 5 holdings to determine its best picks for 2025.

In its second-quarter 2025 investor letter, GreensKeeper Asset Management highlighted stocks such as American Express Company (NYSE:AXP). American Express Company (NYSE:AXP) operates as an integrated payments company. The one-month return of American Express Company (NYSE:AXP) was 2.71%, and its shares gained 25.71% of their value over the last 52 weeks. On August 22, 2025, American Express Company (NYSE:AXP) stock closed at $319.16 per share, with a market capitalization of $222.098 billion.

Burke Wealth Management stated the following regarding American Express Company (NYSE:AXP) in its second quarter 2025 investor letter:

“The top contributor to the portfolio in the second quarter was American Express Company (NYSE:AXP) +18.6%. AXP’s affluent customer base continued to spend in Q1, with revenues up 8% at constant currency, causing the stock to end the quarter just shy of its all-time high. During Q2, AXP announced upgrades to its US Consumer and Business Platinum cards, which will be released later this year. AXP continues to tailor its products to capture the spending of younger consumers, with Millennials and Gen Z now accounting for 35% of total US consumer spending. We believe these investments will strengthen the company’s network effect and further lock young consumers into AXP’s ecosystem as their incomes and card spending continue to rise. Additionally, AXP is widening its use cases on the commercial side of the business with recent product launches tailored towards working capital and expense management. This should expand the number of transactions that AXP can participate in and increase switching costs with commercial card users.”

Is American Express Company (AXP) a Reliable Income Stock for Long-Term Investors?

A close-up view of a payment terminal, capturing the sophistication of a payment network.

American Express Company (NYSE:AXP) is not on our list of 30 Most Popular Stocks Among Hedge Funds. As per our database, 70 hedge fund portfolios held American Express Company (NYSE:AXP) at the end of the second quarter, which was 75 in the previous quarter. In the second quarter of 2025, American Express Company (NYSE: AXP) reported revenue of $17.9 billion, which represents a 9% increase year-over-year. While we acknowledge the risk and potential of American Express Company (NYSE:AXP) as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than American Express Company (NYSE:AXP) and that has 10,000% upside potential, check out our report about this cheapest AI stock.

In another article, we covered American Express Company (NYSE:AXP) and shared best Warren Buffett stocks to invest in. In addition, please check out our hedge fund investor letters Q2 2025 page for more investor letters from hedge funds and other leading investors.

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Disclosure: None. This article is originally published at Insider Monkey.