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Norfolk Southern

1,829 hedge funds and large institutions have $49.9B invested in Norfolk Southern in 2025 Q4 according to their latest regulatory filings, with 179 funds opening new positions, 582 increasing their positions, 630 reducing their positions, and 98 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:

5% more call options, than puts

Call options by funds: $243M | Put options by funds: $231M

2% less capital invested

Capital invested by funds: $50.8B → $49.9B (-$878M)

8% less repeat investments, than reductions

Existing positions increased: 582 | Existing positions reduced: 630

Holders
1,829
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
$243M
Puts
$231M
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
FNB
329
Farmers National Bank
Kentucky
$7.56M
1SB
330
1ST Source Bank
Indiana
$7.49M
RAM
331
Redmond Asset Management
Virginia
$7.48M
UCI
332
Uncommon Cents Investing
Wisconsin
$7.45M
IHL
333
Investment House LLC
California
$7.43M
OPERF
334
Oregon Public Employees Retirement Fund
Oregon
$7.42M
EARNEST Partners
335
EARNEST Partners
Georgia
$7.31M
Mackenzie Financial
336
Mackenzie Financial
Ontario, Canada
$7.29M
TS
337
Twin Securities
New York
$7.28M
CFM
338
Capricorn Fund Managers
United Kingdom
$7.22M
MC
339
Moors & Cabot
Massachusetts
$7.17M
KCM
340
Kornitzer Capital Management
Kansas
$7.05M
MOACM
341
Mutual of America Capital Management
New York
$6.96M
SLAM
342
Swiss Life Asset Management
$6.8M
Credit Agricole
343
Credit Agricole
France
$6.64M
GWA
344
Gibson Wealth Advisors
Texas
$6.56M
Two Sigma Investments
345
Two Sigma Investments
New York
$6.55M
Northwestern Mutual Wealth Management
346
Northwestern Mutual Wealth Management
Wisconsin
$6.53M
DADC
347
D.A. Davidson & Co
Montana
$6.5M
SDIC
348
South Dakota Investment Council
South Dakota
$6.45M
Nordea Investment Management
349
Nordea Investment Management
Sweden
$6.45M
SOADOR
350
State of Alaska Department of Revenue
Alaska
$6.42M