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Norfolk Southern

1,809 hedge funds and large institutions have $49.8B invested in Norfolk Southern in 2025 Q4 according to their latest regulatory filings, with 171 funds opening new positions, 579 increasing their positions, 626 reducing their positions, and 96 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 ownership

Funds ownership:

more funds holding

Funds holding:

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 → $49.8B (-$947M)

8% less repeat investments, than reductions

Existing positions increased: 579 | Existing positions reduced: 626

Holders
1,809
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
PWW
326
Pettyjohn Wood & White
Virginia
$7.71M
AIM
327
Ausbil Investment Management
Australia
$7.6M
CFO
328
Callan Family Office
Pennsylvania
$7.56M
1SB
329
1ST Source Bank
Indiana
$7.49M
RAM
330
Redmond Asset Management
Virginia
$7.48M
UCI
331
Uncommon Cents Investing
Wisconsin
$7.45M
IHL
332
Investment House LLC
California
$7.43M
OPERF
333
Oregon Public Employees Retirement Fund
Oregon
$7.42M
EARNEST Partners
334
EARNEST Partners
Georgia
$7.31M
Mackenzie Financial
335
Mackenzie Financial
Ontario, Canada
$7.29M
TS
336
Twin Securities
New York
$7.28M
CFM
337
Capricorn Fund Managers
United Kingdom
$7.22M
MC
338
Moors & Cabot
Massachusetts
$7.17M
KCM
339
Kornitzer Capital Management
Kansas
$7.05M
MOACM
340
Mutual of America Capital Management
New York
$6.96M
SLAM
341
Swiss Life Asset Management
$6.8M
Credit Agricole
342
Credit Agricole
France
$6.64M
GWA
343
Gibson Wealth Advisors
Texas
$6.56M
Two Sigma Investments
344
Two Sigma Investments
New York
$6.55M
Northwestern Mutual Wealth Management
345
Northwestern Mutual Wealth Management
Wisconsin
$6.53M
DADC
346
D.A. Davidson & Co
Montana
$6.5M
SDIC
347
South Dakota Investment Council
South Dakota
$6.45M
Nordea Investment Management
348
Nordea Investment Management
Sweden
$6.45M
SOADOR
349
State of Alaska Department of Revenue
Alaska
$6.42M
MCM
350
MAI Capital Management
Ohio
$6.38M