Norfolk Southern
NSC
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.
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: 13 → 17 (+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: 1,033 → 1,050 (+17)
21% less repeat investments, than reductions
Existing positions increased: 329 | Existing positions reduced: 415
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
+$259M |
| 2 |
Lazard Asset Management
New York
|
+$109M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
+$89.6M |
| 4 |
BlackRock
New York
|
+$82.3M |
| 5 |
Ninety One (UK)
London,
United Kingdom
|
+$81.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital Research Global Investors
Los Angeles,
California
|
-$302M |
| 2 |
CIA
ClearBridge Investments (Australia)
Sydney,
Australia
|
-$128M |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$87.3M |
| 4 |
American Century Companies
Kansas City,
Missouri
|
-$80.7M |
| 5 |
Millennium Management
New York
|
-$73M |
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.