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Norfolk Southern

1,261 hedge funds and large institutions have $27.7B invested in Norfolk Southern in 2020 Q1 according to their latest regulatory filings, with 94 funds opening new positions, 355 increasing their positions, 565 reducing their positions, and 172 closing their positions.

New
Increased
Maintained
Reduced
Closed

64% more call options, than puts

Call options by funds: $346M | Put options by funds: $210M

4.36% less ownership

Funds ownership: 72.94%68.58% (-4.4%)

7% less funds holding

Funds holding: 1,3571,261 (-96)

25% less capital invested

Capital invested by funds: $36.9B → $27.7B (-$9.2B)

27% less funds holding in top 10

Funds holding in top 10: 3022 (-8)

37% less repeat investments, than reductions

Existing positions increased: 355 | Existing positions reduced: 565

45% less first-time investments, than exits

New positions opened: 94 | Existing positions closed: 172

Holders
1,261
Holders Change
-96
Holders Change %
-7.07%
% of All Funds
27.79%
Holding in Top 10
22
Holding in Top 10 Change
-8
Holding in Top 10 Change %
-26.67%
% of All Funds
0.48%
New
94
Increased
355
Reduced
565
Closed
172
Calls
$346M
Puts
$210M
Net Calls
+$135M
Net Calls Change
+$118M
Name Holding Trade Value Shares
Change
Change in
Stake
KLI
601
Kelman-Lazarov Inc
Tennessee
$873K -$72K -390 -6%
BS
602
Boenning & Scattergood
Pennsylvania
$870K
WAM
603
Wealthspire Advisors (Maryland)
Maryland
$869K -$95.4K -517 -8%
EWM
604
Evercore Wealth Management
New York
$868K -$94.9K -514 -8%
APW
605
Aurora Private Wealth
New Jersey
$868K +$367K +1,989 +50%
CFA
606
Carroll Financial Associates
North Carolina
$861K -$6.46K -35 -0.6%
FHB
607
First Hawaiian Bank
Hawaii
$861K +$111K +601 +11%
CAM
608
CenterStar Asset Management
Illinois
$855K
RWA
609
River Wealth Advisors
Pennsylvania
$847K -$20.9K -113 -2%
CIAS
610
Capital Investment Advisory Services
North Carolina
$847K
BCV
611
Banque Cantonale Vaudoise
Switzerland
$838K
PI
612
Putnam Investments
Massachusetts
$834K -$6.46M -34,987 -86%
PFPT
613
Pinnacle Financial Partners (Tennessee)
Tennessee
$831K -$39.1K -212 -4%
ACWM
614
Adams Chetwood Wealth Management
North Carolina
$829K -$37.1K -201 -4%
TCPWM
615
Traverso Chambers Private Wealth Management
California
$828K
ATC
616
Argent Trust Co
Tennessee
$828K +$29.5K +160 +3%
FCM
617
Firestone Capital Management
Florida
$825K
CAM
618
Carret Asset Management
New York
$824K -$55.4K -300 -5%
FMWA
619
Forvis Mazars Wealth Advisors
Missouri
$821K +$249K +1,347 +32%
VI
620
Vestcor Inc
New Brunswick, Canada
$815K +$196K +1,060 +23%
PFSC
621
Peoples Financial Services Corp
Pennsylvania
$814K -$364K -1,970 -26%
FNBOMD
622
First National Bank of Mount Dora
Florida
$812K -$490K -2,656 -32%
PWP
623
Principle Wealth Partners
Connecticut
$810K -$18.1K -98 -2%
DAS
624
Dynamic Advisor Solutions
Arizona
$807K +$136K +739 +15%
RC
625
Roundview Capital
New Jersey
$805K -$1.85K -10 -0.2%

NSC Hedge Fund Activity: Q1 2020 in Review

1,261 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in Norfolk Southern (NSC) for Q1 2020, worth a combined $27.7B — down 25% from $36.9B a quarter earlier.

Sellers outnumbered buyers: 172 funds closed out of NSC and 94 opened new positions — a net loss of 78 holders — while 565 trimmed existing stakes and 355 added.

The largest buyer was American Century Companies, adding an estimated $386M. The largest seller was Soroban Capital Partners, cutting an estimated $285M.

  • 1,261 institutional investors held Norfolk Southern (NSC) as of Q1 2020, down from 1,357 in Q4 2019.
  • Funds reported $27.7B of Norfolk Southern stock for Q1 2020, down 25% quarter-over-quarter.
  • 94 funds opened new Norfolk Southern positions in Q1 2020 and 172 closed out, a net change of -78 holders.
  • The largest Norfolk Southern buyer in Q1 2020 was American Century Companies, an estimated $386M added.
  • The largest Norfolk Southern seller in Q1 2020 was Soroban Capital Partners, an estimated $285M sold.

Based on aggregated 13F filings for Q1 2020.