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Norfolk Southern

863 hedge funds and large institutions have $15.3B invested in Norfolk Southern in 2013 Q3 according to their latest regulatory filings, with 67 funds opening new positions, 323 increasing their positions, 308 reducing their positions, and 53 closing their positions.

New
Increased
Maintained
Reduced
Closed

64% more call options, than puts

Call options by funds: $263M | Put options by funds: $160M

26% more first-time investments, than exits

New positions opened: 67 | Existing positions closed: 53

7% more funds holding in top 10

Funds holding in top 10: 1516 (+1)

5% more capital invested

Capital invested by funds: $14.5B → $15.3B (+$773M)

5% more repeat investments, than reductions

Existing positions increased: 323 | Existing positions reduced: 308

1% more funds holding

Funds holding: 855863 (+8)

0.07% more ownership

Funds ownership: 63.77%63.84% (+0.07%)

Holders
863
Holders Change
+8
Holders Change %
+0.94%
% of All Funds
27.98%
Holding in Top 10
16
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+6.67%
% of All Funds
0.52%
New
67
Increased
323
Reduced
308
Closed
53
Calls
$263M
Puts
$160M
Net Calls
+$103M
Net Calls Change
+$118M
Name Holding Trade Value Shares
Change
Change in
Stake
PIM
251
Perkins Investment Management
Illinois
$4.81M -$63.7M -849,952 -93%
ACI
252
AMP Capital Investors
Australia
$4.66M -$1.15M -15,300 -20%
AIA
253
Alerus Investment Advisors
Minnesota
$4.65M +$152K +2,026 +3%
AAA
254
Adams Asset Advisors
Texas
$4.62M -$1.83M -24,438 -29%
WMSA
255
Weiss Multi-Strategy Advisers
New York
$4.58M +$4.44M +59,282 New
JIM
256
Jupiter Investment Management
United Kingdom
$4.57M +$1.98M +26,426 +81%
OC
257
Oppenheimer & Co
New York
$4.51M -$1.44M -19,242 -25%
KB
258
Kimelman & Baird
New York
$4.5M +$7.49K +100 +0.2%
CFB
259
Cullen/Frost Bankers
Texas
$4.49M -$164K -2,191 -4%
Commonwealth Equity Services
260
Commonwealth Equity Services
Massachusetts
$4.47M +$53K +708 +1%
ST
261
Sentinel Trust
Texas
$4.45M +$80.9K +1,080 +2%
AQR Capital Management
262
AQR Capital Management
Connecticut
$4.44M -$12.3M -164,722 -74%
1SB
263
1ST Source Bank
Indiana
$4.41M -$53.7K -717 -1%
LPL Financial
264
LPL Financial
California
$4.39M +$83.2K +1,110 +2%
WAM
265
World Asset Management
Michigan
$4.39M -$536K -7,161 -11%
URS
266
Utah Retirement Systems
Utah
$4.35M -$37.5K -500 -0.9%
State of Tennessee, Department of Treasury
267
State of Tennessee, Department of Treasury
Tennessee
$4.34M +$4.2M +56,100 New
Calamos Advisors
268
Calamos Advisors
Illinois
$4.33M +$749K +10,000 +22%
1IC
269
1919 Investment Counsel
Maryland
$4.33M +$13.2K +176 +0.3%
CIP
270
Chartwell Investment Partners
Pennsylvania
$4.28M +$893K +11,925 +28%
Janney Montgomery Scott
271
Janney Montgomery Scott
Pennsylvania
$4.27M +$2.77M +36,978 +203%
MWR
272
McAdams Wright Ragen
Washington
$4.23M -$9.21K -123 -0.2%
WT
273
Whittier Trust
California
$4.22M +$3.56M +47,462 +664%
SF
274
Synovus Financial
Georgia
$4.18M +$815K +10,873 +25%
SC
275
Saybrook Capital
North Carolina
$4.18M +$11.2K +150 +0.3%

NSC Hedge Fund Activity: Q3 2013 in Review

863 of the 3,084 institutional investors tracked by Wall St. Rank reported a position in Norfolk Southern (NSC) for Q3 2013, worth a combined $15.3B — up 5.3% from $14.5B a quarter earlier.

Buyers outnumbered sellers: 67 funds opened new NSC positions and 53 closed out — a net gain of 14 holders — while 323 added to existing stakes and 308 trimmed.

The largest buyer was Wellington Management Group, adding an estimated $126M. The largest seller was Invesco, cutting an estimated $102M.

  • 863 institutional investors held Norfolk Southern (NSC) as of Q3 2013, up from 855 in Q2 2013.
  • Funds reported $15.3B of Norfolk Southern stock for Q3 2013, up 5.3% quarter-over-quarter.
  • 67 funds opened new Norfolk Southern positions in Q3 2013 and 53 closed out, a net change of +14 holders.
  • The largest Norfolk Southern buyer in Q3 2013 was Wellington Management Group, an estimated $126M added.
  • The largest Norfolk Southern seller in Q3 2013 was Invesco, an estimated $102M sold.

Based on aggregated 13F filings for Q3 2013.