Norfolk Southern
1,051 hedge funds and large institutions have $23B invested in Norfolk Southern in 2014 Q4 according to their latest regulatory filings, with 113 funds opening new positions, 345 increasing their positions, 390 reducing their positions, and 60 closing their positions.
88% more first-time investments, than exits
New positions opened: 113 | Existing positions closed: 60
4% more funds holding
Funds holding: 1,014 → 1,051 (+37)
2.16% more ownership
Funds ownership: 65.55% → 67.72% (+2.2%)
2% more capital invested
Capital invested by funds: $22.6B → $23B (+$343M)
12% less repeat investments, than reductions
Existing positions increased: 345 | Existing positions reduced: 390
13% less funds holding in top 10
Funds holding in top 10: 31 → 27 (-4)
26% less call options, than puts
Call options by funds: $277M | Put options by funds: $372M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$221M |
| 2 |
CGI
CI Global Investments
Oakland,
California
|
+$147M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$87.3M |
| 4 |
SIG
Senator Investment Group
New York
|
+$84.9M |
| 5 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$79.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Boston Partners
Boston,
Massachusetts
|
-$285M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$214M |
| 3 |
First Eagle Investment Management
New York
|
-$165M |
| 4 |
Balyasny Asset Management
Chicago,
Illinois
|
-$69.9M |
| 5 |
Fidelity International
Hamilton,
Bermuda
|
-$67.1M |
NSC Hedge Fund Activity: Q4 2014 in Review
1,051 of the 3,750 institutional investors tracked by Wall St. Rank reported a position in Norfolk Southern (NSC) for Q4 2014, worth a combined $23B — up 1.5% from $22.6B a quarter earlier.
Buyers outnumbered sellers: 113 funds opened new NSC positions and 60 closed out — a net gain of 53 holders — while 345 added to existing stakes and 390 trimmed.
The largest buyer was Deutsche Bank, adding an estimated $221M. The largest seller was Boston Partners, exiting entirely with an estimated $285M sold.
- 1,051 institutional investors held Norfolk Southern (NSC) as of Q4 2014, up from 1,014 in Q3 2014.
- Funds reported $23B of Norfolk Southern stock for Q4 2014, up 1.5% quarter-over-quarter.
- 113 funds opened new Norfolk Southern positions in Q4 2014 and 60 closed out, a net change of +53 holders.
- The largest Norfolk Southern buyer in Q4 2014 was Deutsche Bank, an estimated $221M added.
- The largest Norfolk Southern seller in Q4 2014 was Boston Partners, an estimated $285M sold.
Based on aggregated 13F filings for Q4 2014.