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Norfolk Southern

863 hedge funds and large institutions have $15.3B invested in Norfolk Southern in 2013 Q3 according to their latest regulatory filings, with 67 funds opening new positions, 323 increasing their positions, 308 reducing their positions, and 53 closing their positions.

New
Increased
Maintained
Reduced
Closed

64% more call options, than puts

Call options by funds: $263M | Put options by funds: $160M

26% more first-time investments, than exits

New positions opened: 67 | Existing positions closed: 53

7% more funds holding in top 10

Funds holding in top 10: 1516 (+1)

5% more capital invested

Capital invested by funds: $14.5B → $15.3B (+$773M)

5% more repeat investments, than reductions

Existing positions increased: 323 | Existing positions reduced: 308

1% more funds holding

Funds holding: 855863 (+8)

0.07% more ownership

Funds ownership: 63.77%63.84% (+0.07%)

Holders
863
Holders Change
+8
Holders Change %
+0.94%
% of All Funds
27.98%
Holding in Top 10
16
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+6.67%
% of All Funds
0.52%
New
67
Increased
323
Reduced
308
Closed
53
Calls
$263M
Puts
$160M
Net Calls
+$103M
Net Calls Change
+$118M
Name Holding Trade Value Shares
Change
Change in
Stake
SHA
601
Smith Hayes Advisers
Nebraska
$525K +$10.3K +138 +2%
WCM
602
Washington Capital Management
Washington
$525K +$508K +6,780 New
ZIC
603
ZWJ Investment Counsel
Georgia
$523K
11A
604
10-15 Associates
New York
$522K +$31.8K +425 +7%
JFGIW
605
Johnson Financial Group Inc (Wisconsin)
Wisconsin
$513K +$257K +3,425 +107%
FAM
606
Fred Alger Management
New York
$509K
MBE
607
Michael B. Elefante
$505K
MA
608
Montag & Associates
Georgia
$502K
FCI
609
Financial Counselors Inc
Kansas
$495K -$4.72K -63 -1%
HVIA
610
Hudson Valley Investment Advisors
New York
$495K +$71.2K +950 +17%
Connor, Clark & Lunn Investment Management (CC&L)
611
Connor, Clark & Lunn Investment Management (CC&L)
British Columbia, Canada
$493K
WTIM
612
Wilmington Trust Investment Management
Delaware
$491K
BC
613
Barnett & Company
Tennessee
$489K +$123K +1,640 +35%
CIP
614
Convergence Investment Partners
Florida
$488K +$46.2K +617 +11%
ClearBridge Investments
615
ClearBridge Investments
New York
$487K +$44.9K +600 +11%
DPIM
616
Duff & Phelps Investment Management
Illinois
$483K
MSTVIM
617
Messner & Smith Theme Value Investment Management
California
$483K
ACP
618
Aviance Capital Partners
Florida
$479K +$67K +894 +17%
CM
619
Churchill Management
California
$478K +$463K +6,186 New
PHIMC
620
Private Harbour Investment Management & Counsel
Ohio
$472K
AT
621
Arden Trust
Delaware
$472K +$824 +11 +0.2%
WA
622
WFG Advisors
Texas
$463K +$1.8K +24 +0.4%
VFS
623
VSR Financial Services
Kansas
$460K +$23.3K +311 +6%
BFEC
624
Benjamin F. Edwards & Company
Missouri
$457K +$63.9K +853 +17%
ONB
625
Old National Bancorp
Indiana
$456K -$1.4M -18,628 -76%

NSC Hedge Fund Activity: Q3 2013 in Review

863 of the 3,084 institutional investors tracked by Wall St. Rank reported a position in Norfolk Southern (NSC) for Q3 2013, worth a combined $15.3B — up 5.3% from $14.5B a quarter earlier.

Buyers outnumbered sellers: 67 funds opened new NSC positions and 53 closed out — a net gain of 14 holders — while 323 added to existing stakes and 308 trimmed.

The largest buyer was Wellington Management Group, adding an estimated $126M. The largest seller was Invesco, cutting an estimated $102M.

  • 863 institutional investors held Norfolk Southern (NSC) as of Q3 2013, up from 855 in Q2 2013.
  • Funds reported $15.3B of Norfolk Southern stock for Q3 2013, up 5.3% quarter-over-quarter.
  • 67 funds opened new Norfolk Southern positions in Q3 2013 and 53 closed out, a net change of +14 holders.
  • The largest Norfolk Southern buyer in Q3 2013 was Wellington Management Group, an estimated $126M added.
  • The largest Norfolk Southern seller in Q3 2013 was Invesco, an estimated $102M sold.

Based on aggregated 13F filings for Q3 2013.