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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
BC
601
Burney Company
Virginia
$827K +$62.6K +675 +9%
BC
602
Banced Corp
Illinois
$826K -$134K -1,446 -15%
ACS
603
Archford Capital Strategies
Illinois
$822K +$785K +8,463 New
SIC
604
Shoker Investment Counsel
Ohio
$821K +$7.05K +76 +0.9%
MC
605
Miles Capital
Iowa
$817K -$4.36K -47 -0.6%
PGFC
606
Peapack-Gladstone Financial Corp
New Jersey
$814K -$7.7K -83 -1%
IWC
607
Integrated Wealth Counsel
California
$813K -$70K -755 -8%
OA
608
OFI Advisors
Pennsylvania
$813K -$10.1K -109 -1%
Mackenzie Financial
609
Mackenzie Financial
Ontario, Canada
$797K
SNT
610
Security National Trust
West Virginia
$789K +$27.8K +300 +4%
ST
611
Somerset Trust
Pennsylvania
$787K +$37.2K +401 +5%
ICAS
612
Investors Capital Advisory Services
Massachusetts
$781K -$6.86K -74 -0.9%
TJHA
613
Thomas J. Herzfeld Advisors
Florida
$777K -$186K -2,000 -20%
CIP
614
Convergence Investment Partners
Florida
$762K +$23.8K +257 +3%
AT
615
Arden Trust
Delaware
$755K +$10.6K +114 +1%
BCMO
616
Buckingham Capital Management (Ohio)
Ohio
$754K
RBC
617
Ronald Blue & Co
Georgia
$752K -$23.1K -249 -3%
UF
618
Univest Financial
Pennsylvania
$752K +$64.8K +699 +10%
AB
619
Amalgamated Bank
New York
$750K -$13.9K -150 -2%
CIC
620
Carnegie Investment Counsel
Ohio
$746K +$93 +1 +0%
TAM
621
Taurus Asset Management
New York
$738K -$6.36M -68,600 -90%
VFS
622
VSR Financial Services
Kansas
$737K +$139K +1,501 +25%
HIS
623
Horizon Investment Services
Indiana
$731K +$718K +7,737 New
OMCS
624
Old Mutual Customised Solutions
South Africa
$729K
WIC
625
Wood Investment Counsel
Colorado
$729K

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.