Norfolk Southern
997 hedge funds and large institutions have $21.8B invested in Norfolk Southern in 2015 Q1 according to their latest regulatory filings, with 51 funds opening new positions, 304 increasing their positions, 430 reducing their positions, and 91 closing their positions.
9% less call options, than puts
Call options by funds: $222M | Put options by funds: $245M
3.11% less ownership
Funds ownership: 67.72% → 64.61% (-3.1%)
5% less funds holding
Funds holding: 1,051 → 997 (-54)
5% less capital invested
Capital invested by funds: $23B → $21.8B (-$1.21B)
19% less funds holding in top 10
Funds holding in top 10: 27 → 22 (-5)
29% less repeat investments, than reductions
Existing positions increased: 304 | Existing positions reduced: 430
44% less first-time investments, than exits
New positions opened: 51 | Existing positions closed: 91
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital Research Global Investors
Los Angeles,
California
|
+$1.54B |
| 2 |
Capital World Investors
Los Angeles,
California
|
+$434M |
| 3 |
MAA
Managed Account Advisors
Jersey City,
New Jersey
|
+$120M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$76.2M |
| 5 |
Lazard Asset Management
New York
|
+$46.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$160M |
| 2 |
Axa
Paris,
France
|
-$145M |
| 3 |
CGI
CI Global Investments
Oakland,
California
|
-$137M |
| 4 |
State Street
Boston,
Massachusetts
|
-$96.7M |
| 5 |
Wellington Management Group
Boston,
Massachusetts
|
-$94.2M |
NSC Hedge Fund Activity: Q1 2015 in Review
997 of the 3,752 institutional investors tracked by Wall St. Rank reported a position in Norfolk Southern (NSC) for Q1 2015, worth a combined $21.8B — down 5.3% from $23B a quarter earlier.
Sellers outnumbered buyers: 91 funds closed out of NSC and 51 opened new positions — a net loss of 40 holders — while 430 trimmed existing stakes and 304 added.
The largest buyer was Capital Research Global Investors, adding an estimated $1.54B. The largest seller was Fidelity Investments, cutting an estimated $160M.
- 997 institutional investors held Norfolk Southern (NSC) as of Q1 2015, down from 1,051 in Q4 2014.
- Funds reported $21.8B of Norfolk Southern stock for Q1 2015, down 5.3% quarter-over-quarter.
- 51 funds opened new Norfolk Southern positions in Q1 2015 and 91 closed out, a net change of -40 holders.
- The largest Norfolk Southern buyer in Q1 2015 was Capital Research Global Investors, an estimated $1.54B added.
- The largest Norfolk Southern seller in Q1 2015 was Fidelity Investments, an estimated $160M sold.
Based on aggregated 13F filings for Q1 2015.