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Norfolk Southern

909 hedge funds and large institutions have $15.7B invested in Norfolk Southern in 2015 Q3 according to their latest regulatory filings, with 53 funds opening new positions, 319 increasing their positions, 349 reducing their positions, and 94 closing their positions.

New
Increased
Maintained
Reduced
Closed

17% more call options, than puts

Call options by funds: $160M | Put options by funds: $137M

0.61% more ownership

Funds ownership: 67.84%68.44% (+0.61%)

0% more funds holding in top 10

Funds holding in top 10: 1212 (0)

9% less repeat investments, than reductions

Existing positions increased: 319 | Existing positions reduced: 349

5% less funds holding

Funds holding: 956909 (-47)

13% less capital invested

Capital invested by funds: $18B → $15.7B (-$2.32B)

44% less first-time investments, than exits

New positions opened: 53 | Existing positions closed: 94

Holders
909
Holders Change
-47
Holders Change %
-4.92%
% of All Funds
25.38%
Holding in Top 10
12
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.34%
New
53
Increased
319
Reduced
349
Closed
94
Calls
$160M
Puts
$137M
Net Calls
+$23M
Net Calls Change
+$3.22M
Name Holding Trade Value Shares
Change
Change in
Stake
PFM
676
Parsec Financial Management
North Carolina
$309K +$51.4K +632 +19%
PC
677
Pecaut & Co
Iowa
$306K -$12.2K -150 -4%
ClearBridge Investments
678
ClearBridge Investments
New York
$305K -$329K -4,046 -50%
EWM
679
Evercore Wealth Management
New York
$304K -$252K -3,100 -44%
BEAM
680
Baker Ellis Asset Management
Washington
$304K
NCM
681
Nelson Capital Management
California
$299K -$44.3K -545 -12%
GCA
682
Gideon Capital Advisors
New York
$297K +$27.5K +339 +10%
SC
683
Schulhoff & Co
Ohio
$296K
Mariner
684
Mariner
Kansas
$292K +$38.5K +474 +14%
ACM
685
Aviance Capital Management
Florida
$292K +$310K +3,819 New
GP
686
Girard Partners
Pennsylvania
$290K +$54.1K +666 +21%
MCMT
687
Moon Capital Management (Tennessee)
Tennessee
$289K +$37.5K +461 +14%
SIC
688
Salem Investment Counselors
North Carolina
$288K +$40.6K +500 +15%
DJSG
689
D.J. St. Germain
Massachusetts
$286K
SGAM
690
Steinberg Global Asset Management
Florida
$285K +$2.11K +26 +0.7%
PIM
691
Provident Investment Management
Michigan
$284K
AIM
692
Ada Investment Management
New York
$282K +$298K +3,664 New
HCM
693
Howland Capital Management
Massachusetts
$280K
WS
694
Wedbush Securities
California
$279K +$39.7K +488 +15%
EIA
695
Edgemoor Investment Advisors
Maryland
$279K +$52K +640 +21%
CIS
696
Capital International Sarl
California
$278K
WDA
697
Wendell David Associates
New Hampshire
$277K
LWM
698
LBA Wealth Management
Florida
$269K +$19K +234 +7%
MPI
699
Mairs & Power Inc
Minnesota
$269K +$23.6K +290 +9%
BCMO
700
Buckingham Capital Management (Ohio)
Ohio
$268K -$216K -2,655 -43%

NSC Hedge Fund Activity: Q3 2015 in Review

909 of the 3,582 institutional investors tracked by Wall St. Rank reported a position in Norfolk Southern (NSC) for Q3 2015, worth a combined $15.7B — down 13% from $18B a quarter earlier.

Sellers outnumbered buyers: 94 funds closed out of NSC and 53 opened new positions — a net loss of 41 holders — while 349 trimmed existing stakes and 319 added.

The largest buyer was London Company of Virginia, adding an estimated $200M. The largest seller was Janus Henderson Investors US, cutting an estimated $88.3M.

  • 909 institutional investors held Norfolk Southern (NSC) as of Q3 2015, down from 956 in Q2 2015.
  • Funds reported $15.7B of Norfolk Southern stock for Q3 2015, down 13% quarter-over-quarter.
  • 53 funds opened new Norfolk Southern positions in Q3 2015 and 94 closed out, a net change of -41 holders.
  • The largest Norfolk Southern buyer in Q3 2015 was London Company of Virginia, an estimated $200M added.
  • The largest Norfolk Southern seller in Q3 2015 was Janus Henderson Investors US, an estimated $88.3M sold.

Based on aggregated 13F filings for Q3 2015.