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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
SOADOR
351
State of Alaska Department of Revenue
Alaska
$6.42M
MCM
352
MAI Capital Management
Ohio
$6.38M
TSW
353
Thompson Siegel & Walmsley
Virginia
$6.37M
Rafferty Asset Management
354
Rafferty Asset Management
New York
$6.29M
HR
355
Howe & Rusling
New York
$6.27M
ECM
356
Estabrook Capital Management
New York
$6.21M
CL
357
Choreo LLC
Illinois
$6.14M
BF
358
BOK Financial
Oklahoma
$6.13M
HNB
359
Huntington National Bank
Ohio
$6.07M
PI
360
PineBridge Investments
New York
$6M
WA
361
Waverly Advisors
Alabama
$6M
MIC
362
Meridian Investment Counsel
California
$5.95M
SPIA
363
Steward Partners Investment Advisory
New York
$5.9M
TIAA Trust, National Association
364
TIAA Trust, National Association
North Carolina
$5.9M
IMCOOI
365
Investment Management Corp of Ontario (IMCO)
Canada
$5.81M
BFS
366
Bradley Foster & Sargent
Connecticut
$5.76M
JWBC
367
J.W. Burns & Co
New York
$5.75M
JPWM
368
Jamison Private Wealth Management
Georgia
$5.73M
AV
369
ASR Vermogensbeheer
Netherlands
$5.7M
PAG
370
Private Advisor Group
New Jersey
$5.69M
YCM
371
Yakira Capital Management
Connecticut
$5.69M
GC
372
Guggenheim Capital
Illinois
$5.66M
CA
373
Cullinan Associates
Kentucky
$5.6M
AC
374
Athos Capital
Hong Kong
$5.6M
UM
375
UniSuper Management
Australia
$5.6M