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Norfolk Southern

1,825 hedge funds and large institutions have $50B invested in Norfolk Southern in 2025 Q4 according to their latest regulatory filings, with 178 funds opening new positions, 581 increasing their positions, 629 reducing their positions, and 97 closing their positions.

New
Increased
Maintained
Reduced
Closed

more first-time investments, than exits

New positions opened: | Existing positions closed:

more funds holding in top 10

Funds holding in top 10:

more funds holding

Funds holding:

more ownership

Funds ownership:

6% more call options, than puts

Call options by funds: $236M | Put options by funds: $222M

2% less capital invested

Capital invested by funds: $50.8B → $50B (-$796M)

8% less repeat investments, than reductions

Existing positions increased: 581 | Existing positions reduced: 629

Holders
1,825
Holders Change
Holders Change %
% of All Funds
Holding in Top 10
48
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
Increased
Reduced
Closed
Calls
$236M
Puts
$222M
Net Calls
Net Calls Change

Top Buyers

1 +$528M
2 +$436M
3 +$249M
4
Amundi
Amundi
France
+$223M
5
Balyasny Asset Management
Balyasny Asset Management
Illinois
+$166M
Name Holding Trade Value Shares
Change
Change in
Stake
MML Investors Services
276
MML Investors Services
Massachusetts
$11M
EI
277
EFG International
$11M
NRS
278
Neville Rodie & Shaw
New York
$10.8M
Walleye Trading
279
Walleye Trading
New York
$10.8M
URS
280
Utah Retirement Systems
Utah
$10.8M
VLKIM
281
Van Lanschot Kempen Investment Management
Netherlands
$10.7M
Connor, Clark & Lunn Investment Management (CC&L)
282
Connor, Clark & Lunn Investment Management (CC&L)
British Columbia, Canada
$10.7M
TW
283
Trajan Wealth
Arizona
$10.6M
CB
284
Commerce Bank
Missouri
$10.6M
KC
285
Kintayl Capital
New York
$10.6M
Daiwa Securities Group
286
Daiwa Securities Group
Japan
$10.5M
CK
287
Cohen Klingenstein
New York
$10.2M
VOYA Investment Management
288
VOYA Investment Management
Georgia
$10.2M
SC
289
Saybrook Capital
North Carolina
$10.2M
Mirae Asset Global Investments
290
Mirae Asset Global Investments
South Korea
$10.2M
IMPI
291
Ilmarinen Mutual Pension Insurance
Finland
$10M
PFSRSONJ
292
Police & Firemen's Retirement System of New Jersey
New Jersey
$10M
CRB
293
Chad R. Baker
$9.84M
TCM
294
Tufton Capital Management
Maryland
$9.75M
PFPG
295
Pinnacle Financial Partners (Georgia)
Georgia
$9.71M
X
296
Xponance
Pennsylvania
$9.68M
BAAM
297
Baker Avenue Asset Management
California
$9.66M
LI
298
Lafayette Investments
Maryland
$9.65M
BCI
299
Brinker Capital Investments
Pennsylvania
$9.5M
EFIC
300
Eliot Finkel Investment Counsel
California
$9.14M