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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
HKIM
801
Hayek Kallen Investment Management
Alabama
$292K
MSR
802
Main Street Research
Connecticut
$292K
FWCM
803
Ferguson Wellman Capital Management
Oregon
$287K
FMWA
804
Forvis Mazars Wealth Advisors
Missouri
$287K
SBWM
805
Sunflower Bank Wealth Management
Arizona
$287K
EIA
806
Edgemoor Investment Advisors
Maryland
$286K -$5.57K -60 -2%
DWT
807
Dorsey & Whitney Trust
South Dakota
$286K +$11.7K +126 +4%
CC
808
Courier Capital
New York
$285K -$32.1K -346 -11%
PGIM
809
Pacific Global Investment Management
California
$285K +$20.3K +219 +8%
FBFS
810
First Business Financial Services
Wisconsin
$284K +$56.9K +613 +27%
GIP
811
Greatmark Investment Partners
Georgia
$282K -$18.8K -203 -7%
FWP
812
FAS Wealth Partners
Kansas
$277K +$186 +2 +0.1%
CCT
813
Country Club Trust
Missouri
$277K +$13.9K +150 +6%
FCB
814
First Citizens Bancorporation
South Carolina
$276K -$12.1K -130 -4%
1832 Asset Management
815
1832 Asset Management
Ontario, Canada
$275K +$263K +2,831 New
SIC
816
Salem Investment Counselors
North Carolina
$274K
SJL
817
Shayne & Jacobs LLC
Tennessee
$272K
PWM
818
ParenteBeard Wealth Management
Pennsylvania
$271K -$1.55M -16,697 -86%
TC
819
TradeLink Capital
Illinois
$269K
LCM
820
Lucas Capital Management
New Jersey
$267K
MYLI
821
Meiji Yasuda Life Insurance
Japan
$266K -$184K -1,979 -42%
RCP
822
Rothschild Capital Partners
New York
$265K
AP
823
Appleton Partners
Massachusetts
$264K +$252K +2,714 New
AWM
824
Altavista Wealth Management
North Carolina
$262K
NAM
825
North American Management
Massachusetts
$261K

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.