Norfolk Southern
909 hedge funds and large institutions have $15.7B invested in Norfolk Southern in 2015 Q3 according to their latest regulatory filings, with 53 funds opening new positions, 319 increasing their positions, 349 reducing their positions, and 94 closing their positions.
17% more call options, than puts
Call options by funds: $160M | Put options by funds: $137M
0.61% more ownership
Funds ownership: 67.84% → 68.44% (+0.61%)
0% more funds holding in top 10
Funds holding in top 10: 12 → 12 (0)
9% less repeat investments, than reductions
Existing positions increased: 319 | Existing positions reduced: 349
5% less funds holding
Funds holding: 956 → 909 (-47)
13% less capital invested
Capital invested by funds: $18B → $15.7B (-$2.32B)
44% less first-time investments, than exits
New positions opened: 53 | Existing positions closed: 94
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LCOV
London Company of Virginia
Richmond,
Virginia
|
+$200M |
| 2 |
CIA
ClearBridge Investments (Australia)
Sydney,
Australia
|
+$82.8M |
| 3 |
SG Americas Securities
New York
|
+$65.7M |
| 4 |
Capital International Investors
Los Angeles,
California
|
+$60.5M |
| 5 |
Capital World Investors
Los Angeles,
California
|
+$50.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JHIU
Janus Henderson Investors US
Denver,
Colorado
|
-$88.3M |
| 2 |
Wells Fargo
San Francisco,
California
|
-$58M |
| 3 |
Schroder Investment Management Group
London,
United Kingdom
|
-$49.5M |
| 4 |
Capital Research Global Investors
Los Angeles,
California
|
-$42.6M |
| 5 |
Allianz Asset Management
Munich,
Germany
|
-$36.6M |
NSC Hedge Fund Activity: Q3 2015 in Review
909 of the 3,582 institutional investors tracked by Wall St. Rank reported a position in Norfolk Southern (NSC) for Q3 2015, worth a combined $15.7B — down 13% from $18B a quarter earlier.
Sellers outnumbered buyers: 94 funds closed out of NSC and 53 opened new positions — a net loss of 41 holders — while 349 trimmed existing stakes and 319 added.
The largest buyer was London Company of Virginia, adding an estimated $200M. The largest seller was Janus Henderson Investors US, cutting an estimated $88.3M.
- 909 institutional investors held Norfolk Southern (NSC) as of Q3 2015, down from 956 in Q2 2015.
- Funds reported $15.7B of Norfolk Southern stock for Q3 2015, down 13% quarter-over-quarter.
- 53 funds opened new Norfolk Southern positions in Q3 2015 and 94 closed out, a net change of -41 holders.
- The largest Norfolk Southern buyer in Q3 2015 was London Company of Virginia, an estimated $200M added.
- The largest Norfolk Southern seller in Q3 2015 was Janus Henderson Investors US, an estimated $88.3M sold.
Based on aggregated 13F filings for Q3 2015.