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Norfolk Southern

1,050 hedge funds and large institutions have $25.1B invested in Norfolk Southern in 2017 Q2 according to their latest regulatory filings, with 84 funds opening new positions, 329 increasing their positions, 415 reducing their positions, and 56 closing their positions.

New
Increased
Maintained
Reduced
Closed

718% more call options, than puts

Call options by funds: $1.96B | Put options by funds: $240M

50% more first-time investments, than exits

New positions opened: 84 | Existing positions closed: 56

31% more funds holding in top 10

Funds holding in top 10: 1317 (+4)

9% more capital invested

Capital invested by funds: $23.1B → $25.1B (+$1.99B)

4.79% more ownership

Funds ownership: 66.39%71.18% (+4.8%)

2% more funds holding

Funds holding: 1,0331,050 (+17)

21% less repeat investments, than reductions

Existing positions increased: 329 | Existing positions reduced: 415

Holders
1,050
Holders Change
+17
Holders Change %
+1.65%
% of All Funds
26.18%
Holding in Top 10
17
Holding in Top 10 Change
+4
Holding in Top 10 Change %
+30.77%
% of All Funds
0.42%
New
84
Increased
329
Reduced
415
Closed
56
Calls
$1.96B
Puts
$240M
Net Calls
+$1.72B
Net Calls Change
+$1.71B
Name Holding Trade Value Shares
Change
Change in
Stake
MSR
701
Main Street Research
Connecticut
$479K +$110K +936 +31%
SB
702
Simmons Bank
Arkansas
$478K +$2.94K +25 +0.6%
ClearBridge Investments
703
ClearBridge Investments
New York
$476K +$31.3K +266 +7%
FRM
704
Fox Run Management
Connecticut
$475K -$364K -3,100 -44%
KIA
705
KCM Investment Advisors
California
$471K -$95.4K -812 -17%
WI
706
Wintrust Investments
Illinois
$467K -$61.1K -520 -12%
DP
707
Dearborn Partners
Illinois
$466K
RIM
708
Rampart Investment Management
Connecticut
$464K +$351K +2,987 +363%
BEAM
709
Baker Ellis Asset Management
Washington
$460K -$5.88K -50 -1%
SC
710
Schulhoff & Co
Ohio
$456K -$14.7K -125 -3%
PIM
711
Penobscot Investment Management
Massachusetts
$456K
WSC
712
Wellington Shields & Co
New York
$456K
PFM
713
Parsec Financial Management
North Carolina
$456K +$23.5K +200 +6%
CFA
714
Carroll Financial Associates
North Carolina
$455K +$12.6K +107 +3%
SPC
715
Sigma Planning Corp
Michigan
$454K +$2.7K +23 +0.6%
Members Trust
716
Members Trust
Florida
$454K +$2.82K +24 +0.6%
PIM
717
Provident Investment Management
Michigan
$452K
SC
718
SouthState Corp
Florida
$451K +$135K +1,150 +45%
LNC
719
Lincoln National Corp
Pennsylvania
$444K +$37.6K +320 +10%
1IA
720
1834 Investment Advisors
Wisconsin
$441K -$11.8K -100 -3%
MWAC
721
Mariner Wealth Advisors (Cincinnati)
Ohio
$440K -$1.88K -16 -0.4%
RWM
722
RKL Wealth Management
Pennsylvania
$439K +$59.3K +505 +16%
BMC
723
Beaton Management Company
Massachusetts
$438K +$423K +3,600 New
SC
724
Scotia Capital
Ontario, Canada
$436K +$145K +1,231 +52%
MCMT
725
Moon Capital Management (Tennessee)
Tennessee
$432K

NSC Hedge Fund Activity: Q2 2017 in Review

1,050 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Norfolk Southern (NSC) for Q2 2017, worth a combined $25.1B — up 8.6% from $23.1B a quarter earlier.

Buyers outnumbered sellers: 84 funds opened new NSC positions and 56 closed out — a net gain of 28 holders — while 329 added to existing stakes and 415 trimmed.

The largest buyer was JP Morgan Chase, adding an estimated $259M. The largest seller was Capital Research Global Investors, cutting an estimated $302M.

  • 1,050 institutional investors held Norfolk Southern (NSC) as of Q2 2017, up from 1,033 in Q1 2017.
  • Funds reported $25.1B of Norfolk Southern stock for Q2 2017, up 8.6% quarter-over-quarter.
  • 84 funds opened new Norfolk Southern positions in Q2 2017 and 56 closed out, a net change of +28 holders.
  • The largest Norfolk Southern buyer in Q2 2017 was JP Morgan Chase, an estimated $259M added.
  • The largest Norfolk Southern seller in Q2 2017 was Capital Research Global Investors, an estimated $302M sold.

Based on aggregated 13F filings for Q2 2017.