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Norfolk Southern

977 hedge funds and large institutions have $19.6B invested in Norfolk Southern in 2014 Q1 according to their latest regulatory filings, with 79 funds opening new positions, 320 increasing their positions, 381 reducing their positions, and 46 closing their positions.

New
Increased
Maintained
Reduced
Closed

72% more first-time investments, than exits

New positions opened: 79 | Existing positions closed: 46

34% more call options, than puts

Call options by funds: $212M | Put options by funds: $158M

29% more funds holding in top 10

Funds holding in top 10: 2127 (+6)

6% more capital invested

Capital invested by funds: $18.5B → $19.6B (+$1.11B)

2% more funds holding

Funds holding: 957977 (+20)

3.68% less ownership

Funds ownership: 64.59%60.91% (-3.7%)

16% less repeat investments, than reductions

Existing positions increased: 320 | Existing positions reduced: 381

Holders
977
Holders Change
+20
Holders Change %
+2.09%
% of All Funds
28.22%
Holding in Top 10
27
Holding in Top 10 Change
+6
Holding in Top 10 Change %
+28.57%
% of All Funds
0.78%
New
79
Increased
320
Reduced
381
Closed
46
Calls
$212M
Puts
$158M
Net Calls
+$53.2M
Net Calls Change
-$227M
Name Holding Trade Value Shares
Change
Change in
Stake
IA
326
Icon Advisers
Colorado
$3.7M -$278K -3,000 -7%
William Blair & Company
327
William Blair & Company
Illinois
$3.68M +$999K +10,769 +40%
BBI
328
Baxter Bros Inc
Connecticut
$3.66M -$92.7K -999 -3%
OSNBOA
329
Old Second National Bank of Aurora
Illinois
$3.65M -$1.02M -11,029 -23%
DWA
330
Douglass Winthrop Advisors
New York
$3.61M
IMOV
331
Investment Management of Virginia
Virginia
$3.59M -$54.3K -585 -2%
PSUF
332
People's United Financial
Connecticut
$3.57M +$295K +3,178 +9%
CAM
333
Capstone Asset Management
Texas
$3.54M -$598K -6,450 -15%
CIBC Asset Management
334
CIBC Asset Management
Ontario, Canada
$3.52M -$230K -2,475 -6%
Calamos Advisors
335
Calamos Advisors
Illinois
$3.5M
NMIFOAC
336
National Mutual Insurance Federation of Agricultural Cooperatives
Japan
$3.48M
Truist Financial
337
Truist Financial
North Carolina
$3.44M -$98.2K -1,059 -3%
PA
338
Pinnacle Associates
New York
$3.4M -$1.11M -11,917 -25%
TBA
339
Tower Bridge Advisors
Pennsylvania
$3.39M -$32.5K -350 -1%
AIM
340
Acropolis Investment Management
Missouri
$3.31M -$144K -1,550 -4%
DHFB
341
Dixon Hubard Feinour & Brown
Virginia
$3.29M -$51K -550 -2%
MOACM
342
Mutual of America Capital Management
New York
$3.22M -$16.7K -180 -0.5%
V
343
Veritable
Delaware
$3.22M +$512K +5,519 +20%
WB
344
WesBanco Bank
West Virginia
$3.21M +$88.1K +950 +3%
AAM
345
Aberdeen Asset Management
United Kingdom
$3.18M -$18.6K -200 -0.6%
SMDAM
346
Sumitomo Mitsui DS Asset Management
Japan
$3.14M -$209K -2,251 -7%
BAAM
347
Baker Avenue Asset Management
California
$3.12M +$2.98M +32,090 New
B
348
BP
United Kingdom
$3.11M -$12.8M -138,000 -81%
LWCFA
349
Loring Wolcott & Coolidge Fiduciary Advisors
Massachusetts
$3.1M +$77K +830 +3%
ACM
350
Alpha Capital Management
Texas
$3.09M +$182K +1,960 +7%

NSC Hedge Fund Activity: Q1 2014 in Review

977 of the 3,462 institutional investors tracked by Wall St. Rank reported a position in Norfolk Southern (NSC) for Q1 2014, worth a combined $19.6B — up 6% from $18.5B a quarter earlier.

Buyers outnumbered sellers: 79 funds opened new NSC positions and 46 closed out — a net gain of 33 holders — while 320 added to existing stakes and 381 trimmed.

The largest buyer was Bank of America, adding an estimated $388M. The largest seller was Cambiar Investors, exiting entirely with an estimated $104M sold.

  • 977 institutional investors held Norfolk Southern (NSC) as of Q1 2014, up from 957 in Q4 2013.
  • Funds reported $19.6B of Norfolk Southern stock for Q1 2014, up 6% quarter-over-quarter.
  • 79 funds opened new Norfolk Southern positions in Q1 2014 and 46 closed out, a net change of +33 holders.
  • The largest Norfolk Southern buyer in Q1 2014 was Bank of America, an estimated $388M added.
  • The largest Norfolk Southern seller in Q1 2014 was Cambiar Investors, an estimated $104M sold.

Based on aggregated 13F filings for Q1 2014.