Norfolk Southern
NSC
1,336 hedge funds and large institutions have $38.5B invested in Norfolk Southern in 2019 Q2 according to their latest regulatory filings, with 110 funds opening new positions, 380 increasing their positions, 552 reducing their positions, and 72 closing their positions.
53% more first-time investments, than exits
New positions opened: 110 | Existing positions closed: 72
28% more call options, than puts
Call options by funds: $406M | Put options by funds: $316M
5% more capital invested
Capital invested by funds: $36.6B → $38.5B (+$1.85B)
2% more funds holding
Funds holding: 1,313 → 1,336 (+23)
0% more funds holding in top 10
Funds holding in top 10: 38 → 38 (0)
0.55% less ownership
Funds ownership: 73.36% → 72.81% (-0.55%)
31% less repeat investments, than reductions
Existing positions increased: 380 | Existing positions reduced: 552
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
N
Nuveen
Charlotte,
North Carolina
|
+$289M |
| 2 |
Goldman Sachs
New York
|
+$126M |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$95.9M |
| 4 |
Balyasny Asset Management
Chicago,
Illinois
|
+$94.2M |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
+$91.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital International Investors
Los Angeles,
California
|
-$590M |
| 2 |
Lazard Asset Management
New York
|
-$122M |
| 3 |
SCP
Soroban Capital Partners
New York
|
-$114M |
| 4 |
Wellington Management Group
Boston,
Massachusetts
|
-$68.5M |
| 5 |
JP Morgan Chase
New York
|
-$65.8M |
NSC Hedge Fund Activity: Q2 2019 in Review
1,336 of the 4,604 institutional investors tracked by Wall St. Rank reported a position in Norfolk Southern (NSC) for Q2 2019, worth a combined $38.5B — up 5.1% from $36.6B a quarter earlier.
Buyers outnumbered sellers: 110 funds opened new NSC positions and 72 closed out — a net gain of 38 holders — while 380 added to existing stakes and 552 trimmed.
The largest buyer was Nuveen, adding an estimated $289M. The largest seller was Capital International Investors, cutting an estimated $590M.
- 1,336 institutional investors held Norfolk Southern (NSC) as of Q2 2019, up from 1,313 in Q1 2019.
- Funds reported $38.5B of Norfolk Southern stock for Q2 2019, up 5.1% quarter-over-quarter.
- 110 funds opened new Norfolk Southern positions in Q2 2019 and 72 closed out, a net change of +38 holders.
- The largest Norfolk Southern buyer in Q2 2019 was Nuveen, an estimated $289M added.
- The largest Norfolk Southern seller in Q2 2019 was Capital International Investors, an estimated $590M sold.
Based on aggregated 13F filings for Q2 2019.