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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
MIC
376
Meridian Investment Counsel
California
$2.57M
FMBTD
377
First Midwest Bank Trust Division
Illinois
$2.56M +$2.44M +26,300 New
AWP
378
Ascent Wealth Partners
New York
$2.54M +$25K +270 +1%
DIA
379
Dana Investment Advisors
Wisconsin
$2.52M -$719K -7,749 -23%
BG
380
Bahl & Gaynor
Ohio
$2.52M -$215K -2,322 -8%
KRS
381
Kentucky Retirement Systems
Kentucky
$2.5M +$15.7K +169 +0.7%
TTWM
382
TCV Trust & Wealth Management
Virginia
$2.49M -$16.7K -180 -0.7%
Connor, Clark & Lunn Investment Management (CC&L)
383
Connor, Clark & Lunn Investment Management (CC&L)
British Columbia, Canada
$2.47M +$1.11M +12,000 +109%
MNA
384
Manning & Napier Advisors
New York
$2.45M -$56K -604 -2%
BOTW
385
Bank of the West
California
$2.45M -$14.5K -156 -0.6%
WA
386
WBH Advisory
Maryland
$2.44M -$71.1K -767 -3%
IT
387
Investors Trust
Texas
$2.43M
TWA
388
Tillar-Wenstrup Advisors
Ohio
$2.43M +$72.2K +778 +3%
GJIC
389
Gamble Jones Investment Counsel
California
$2.4M +$129K +1,390 +6%
WTC
390
WhitTier Trust Company
Nevada
$2.4M +$223K +2,406 +11%
LSERS
391
Louisiana State Employees Retirement System
Louisiana
$2.39M -$27.8K -300 -1%
NIP
392
Nicholas Investment Partners
California
$2.39M +$60.9K +657 +3%
DC
393
Deere & Company
Illinois
$2.37M -$416K -4,481 -16%
DCM
394
Delta Capital Management
New Jersey
$2.36M -$19.5K -210 -0.9%
SPC
395
Stewart & Patten Company
California
$2.36M -$51K -550 -2%
AC
396
Allstate Corporation
Illinois
$2.36M -$5.81M -62,661 -72%
FNBOO
397
First National Bank of Omaha
Nebraska
$2.35M +$365K +3,940 +19%
Macquarie Group
398
Macquarie Group
Australia
$2.33M +$351K +3,780 +19%
BOC
399
Barbara Oil Co
Illinois
$2.33M
M&T Bank
400
M&T Bank
New York
$2.33M -$146K -1,575 -6%

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.