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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
WI
626
Wedgewood Investors
Pennsylvania
$456K
MC
627
Miles Capital
Iowa
$455K -$189K -2,523 -30%
LCM
628
Levitt Capital Management
Florida
$444K -$14.5K -194 -3%
NCM
629
Noesis Capital Mangement
Florida
$442K
ACM
630
Azimuth Capital Management
Michigan
$440K +$426K +5,685 New
SACTSONJ
631
Supplemental Annuity Collective Trust (SACT) of New Jersey
New Jersey
$439K
QBFM
632
QS Batterymarch Financial Management
New York
$437K -$16.9K -225 -4%
QI
633
QS Investors
New York
$428K +$138K +1,836 +50%
CTA
634
Chesley Taft & Associates
Illinois
$418K
TBNY
635
Trustco Bank (New York)
New York
$418K
MIS
636
Morningstar Investment Services
Illinois
$416K +$56K +748 +16%
BRA
637
Bender Robert & Associates
California
$414K -$18.1K -242 -4%
AMIM
638
Aull & Monroe Investment Management
Alabama
$413K
CI
639
Constellation Investments
Ohio
$410K +$15K +200 +4%
CB
640
Chemical Bank
Michigan
$410K +$47.6K +635 +14%
FDS
641
First Dallas Securities
Texas
$409K -$7.49K -100 -2%
BTW
642
Boston Trust Walden
Massachusetts
$407K +$81.5K +1,088 +26%
MYAM
643
Meiji Yasuda Asset Management
Japan
$406K +$31.5K +420 +9%
TCB
644
Texas Capital Bancshares
Texas
$403K -$12.3K -164 -3%
SAM
645
Strategy Asset Managers
California
$403K
MCM
646
MAI Capital Management
Ohio
$403K +$120K +1,606 +44%
BAC
647
Boys Arnold & Co
North Carolina
$402K -$30K -400 -7%
CRC
648
Curi RMB Capital
Illinois
$402K
FM
649
Foster & Motley
Ohio
$401K -$28.8K -385 -7%
AP
650
Advisor Partners
California
$398K +$21.9K +292 +6%

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.