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Norfolk Southern

1,822 hedge funds and large institutions have $50B invested in Norfolk Southern in 2025 Q4 according to their latest regulatory filings, with 177 funds opening new positions, 580 increasing their positions, 628 reducing their positions, and 97 closing their positions.

New
Increased
Maintained
Reduced
Closed

more first-time investments, than exits

New positions opened: | Existing positions closed:

more funds holding in top 10

Funds holding in top 10:

more funds holding

Funds holding:

more ownership

Funds ownership:

6% more call options, than puts

Call options by funds: $236M | Put options by funds: $222M

2% less capital invested

Capital invested by funds: $50.8B → $50B (-$804M)

8% less repeat investments, than reductions

Existing positions increased: 580 | Existing positions reduced: 628

Holders
1,822
Holders Change
Holders Change %
% of All Funds
Holding in Top 10
48
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
Increased
Reduced
Closed
Calls
$236M
Puts
$222M
Net Calls
Net Calls Change

Top Buyers

1 +$528M
2 +$436M
3 +$249M
4
Amundi
Amundi
France
+$223M
5
Balyasny Asset Management
Balyasny Asset Management
Illinois
+$166M
Name Holding Trade Value Shares
Change
Change in
Stake
National Pension Service
51
National Pension Service
South Korea
$162M
AllianceBernstein
52
AllianceBernstein
Tennessee
$160M
ECSS
53
Eurizon Capital SGR SpA
$159M
Sumitomo Mitsui Trust Group
54
Sumitomo Mitsui Trust Group
Japan
$151M
SC
55
Sculptor Capital
New York
$147M
N
56
Nuveen
North Carolina
$144M
KC
57
Kryger Capital
United Kingdom
$142M
AAM
58
Alpine Associates Management
Florida
$135M
Mitsubishi UFJ Asset Management
59
Mitsubishi UFJ Asset Management
Japan
$135M
Citigroup
60
Citigroup
New York
$132M
Aberdeen Group
61
Aberdeen Group
United Kingdom
$132M
DC
62
Davenport & Co
Virginia
$131M
Barclays
63
Barclays
United Kingdom
$128M
SAMU
64
SONA Asset Management (US)
New York
$128M
RhumbLine Advisers
65
RhumbLine Advisers
Massachusetts
$122M
California Public Employees Retirement System
66
California Public Employees Retirement System
California
$120M
Tudor Investment Corp
67
Tudor Investment Corp
Connecticut
$115M
WCMNY
68
Westchester Capital Management (New York)
New York
$112M
HSBC Holdings
69
HSBC Holdings
United Kingdom
$108M
Raymond James Financial
70
Raymond James Financial
Florida
$106M
PNC Financial Services Group
71
PNC Financial Services Group
Pennsylvania
$104M
Envestnet Asset Management
72
Envestnet Asset Management
Illinois
$104M
COPPSERS
73
Commonwealth of Pennsylvania Public School Employees Retirement System
Pennsylvania
$104M
LCM
74
Laurion Capital Management
New York
$102M
MF
75
Magnetar Financial
Illinois
$99.3M