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Norfolk Southern

977 hedge funds and large institutions have $19.6B invested in Norfolk Southern in 2014 Q1 according to their latest regulatory filings, with 79 funds opening new positions, 320 increasing their positions, 381 reducing their positions, and 46 closing their positions.

New
Increased
Maintained
Reduced
Closed

72% more first-time investments, than exits

New positions opened: 79 | Existing positions closed: 46

34% more call options, than puts

Call options by funds: $212M | Put options by funds: $158M

29% more funds holding in top 10

Funds holding in top 10: 2127 (+6)

6% more capital invested

Capital invested by funds: $18.5B → $19.6B (+$1.11B)

2% more funds holding

Funds holding: 957977 (+20)

3.68% less ownership

Funds ownership: 64.59%60.91% (-3.7%)

16% less repeat investments, than reductions

Existing positions increased: 320 | Existing positions reduced: 381

Holders
977
Holders Change
+20
Holders Change %
+2.09%
% of All Funds
28.22%
Holding in Top 10
27
Holding in Top 10 Change
+6
Holding in Top 10 Change %
+28.57%
% of All Funds
0.78%
New
79
Increased
320
Reduced
381
Closed
46
Calls
$212M
Puts
$158M
Net Calls
+$53.2M
Net Calls Change
-$227M
Name Holding Trade Value Shares
Change
Change in
Stake
PI
776
Pettee Investors
Connecticut
$338K
WSC
777
Wellington Shields & Co
New York
$335K
ST
778
Sabal Trust
Florida
$332K
SJIC
779
St. James Investment Company
Texas
$332K +$39.4K +425 +14%
MCM
780
Munder Capital Management
Michigan
$331K -$6.46M -69,620 -95%
LP
781
LMR Partners
United Kingdom
$329K +$314K +3,385 New
WRM
782
Westport Resources Management
Connecticut
$327K
CIC
783
Cutler Investment Counsel
Oregon
$321K
NSAM
784
North Star Asset Management
Wisconsin
$321K
PFM
785
Parsec Financial Management
North Carolina
$321K
MLL
786
Moody Lynn & Lieberson
Massachusetts
$321K +$306K +3,303 New
JG
787
Jefferies Group
New York
$320K -$78K -841 -20%
RCAG
788
Rehmann Capital Advisory Group
Michigan
$320K -$12.5K -135 -4%
CBB
789
Citizens Business Bank
California
$320K +$306K +3,295 New
SCA
790
SAC Capital Advisors
Connecticut
$318K -$6.03M -64,992 -95%
PO
791
Private Ocean
California
$314K
BBA
792
BLB&B Advisors
Pennsylvania
$313K +$27.8K +300 +10%
MWAC
793
Mariner Wealth Advisors (Cincinnati)
Ohio
$313K +$82.1K +885 +38%
BG
794
Bollard Group
Massachusetts
$311K
BUB
795
BBVA USA Bancshares
Texas
$308K
TWA
796
TCI Wealth Advisors
Arizona
$308K
PLFAM
797
Pineno Levin & Ford Asset Management
Virginia
$304K +$45.1K +486 +18%
AAC
798
Asset Advisors Corp
Georgia
$300K
HH
799
Hilltop Holdings
Texas
$298K -$37.3K -402 -12%
BFM
800
Boston Financial Management
Massachusetts
$292K -$16.2K -175 -6%

NSC Hedge Fund Activity: Q1 2014 in Review

977 of the 3,462 institutional investors tracked by Wall St. Rank reported a position in Norfolk Southern (NSC) for Q1 2014, worth a combined $19.6B — up 6% from $18.5B a quarter earlier.

Buyers outnumbered sellers: 79 funds opened new NSC positions and 46 closed out — a net gain of 33 holders — while 320 added to existing stakes and 381 trimmed.

The largest buyer was Bank of America, adding an estimated $388M. The largest seller was Cambiar Investors, exiting entirely with an estimated $104M sold.

  • 977 institutional investors held Norfolk Southern (NSC) as of Q1 2014, up from 957 in Q4 2013.
  • Funds reported $19.6B of Norfolk Southern stock for Q1 2014, up 6% quarter-over-quarter.
  • 79 funds opened new Norfolk Southern positions in Q1 2014 and 46 closed out, a net change of +33 holders.
  • The largest Norfolk Southern buyer in Q1 2014 was Bank of America, an estimated $388M added.
  • The largest Norfolk Southern seller in Q1 2014 was Cambiar Investors, an estimated $104M sold.

Based on aggregated 13F filings for Q1 2014.