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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
PIM
576
Penobscot Investment Management
Massachusetts
$924K
FB
577
Fulton Bank
Pennsylvania
$923K
WSCM
578
Wellington Shields Capital Management
New York
$923K
OCG
579
Opus Capital Group
Ohio
$922K
RNS
580
Robert N. Shapiro
$919K
GCC
581
Guardian Capital (Canada)
Ontario, Canada
$919K +$98.9K +1,066 +13%
FM
582
Foster & Motley
Ohio
$919K +$278K +3,000 +46%
CSIC
583
Clifford Swan Investment Counsel
California
$914K -$3.71K -40 -0.4%
Envestnet Asset Management
584
Envestnet Asset Management
Illinois
$911K +$2.04K +22 +0.2%
ECM
585
Everence Capital Management
Indiana
$906K
NPC
586
National Planning Corporation
California
$884K -$38.2K -412 -4%
CC
587
Capital Counsel
New York
$883K -$278 -3 -0%
ANBT
588
American National Bank & Trust
Texas
$881K -$4.64K -50 -0.5%
PI
589
PineBridge Investments
New York
$881K +$278 +3 +0%
CLOS
590
Compagnie Lombard Odier SCmA
Switzerland
$879K +$300K +3,233 +56%
PWLP
591
Prio Wealth Limited Partnership
Massachusetts
$877K
TT
592
Tower Trust
Indiana
$877K
BIM
593
Beach Investment Management
Pennsylvania
$875K +$835K +9,000 New
BT
594
Bankers Trust
Iowa
$874K -$7.24K -78 -0.9%
PAG
595
Private Advisor Group
New Jersey
$865K +$48.8K +526 +6%
Jones Financial Companies
596
Jones Financial Companies
Missouri
$861K -$114K -1,225 -12%
BB
597
Busey Bank
Illinois
$851K +$35.2K +380 +5%
Toronto Dominion Bank
598
Toronto Dominion Bank
Ontario, Canada
$850K +$1.39K +15 +0.2%
WC
599
Whitnell & Co
Illinois
$830K +$9.46K +102 +1%
PA
600
Profund Advisors
Maryland
$828K -$319K -3,436 -29%

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.