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Norfolk Southern

1,362 hedge funds and large institutions have $40.2B invested in Norfolk Southern in 2020 Q3 according to their latest regulatory filings, with 159 funds opening new positions, 385 increasing their positions, 535 reducing their positions, and 78 closing their positions.

New
Increased
Maintained
Reduced
Closed

104% more first-time investments, than exits

New positions opened: 159 | Existing positions closed: 78

56% more call options, than puts

Call options by funds: $455M | Put options by funds: $292M

40% more funds holding in top 10

Funds holding in top 10: 2028 (+8)

22% more capital invested

Capital invested by funds: $33.1B → $40.2B (+$7.15B)

5% more funds holding

Funds holding: 1,2931,362 (+69)

0.23% more ownership

Funds ownership: 73.52%73.75% (+0.23%)

28% less repeat investments, than reductions

Existing positions increased: 385 | Existing positions reduced: 535

Holders
1,362
Holders Change
+69
Holders Change %
+5.34%
% of All Funds
27.48%
Holding in Top 10
28
Holding in Top 10 Change
+8
Holding in Top 10 Change %
+40%
% of All Funds
0.56%
New
159
Increased
385
Reduced
535
Closed
78
Calls
$455M
Puts
$292M
Net Calls
+$162M
Net Calls Change
+$12.5M
Name Holding Trade Value Shares
Change
Change in
Stake
Dodge & Cox
801
Dodge & Cox
California
$653K
HT
802
Heritage Trust
Oklahoma
$652K -$11.6K -58 -2%
ECM
803
ETrade Capital Management
Virginia
$651K +$35.7K +178 +6%
CCA
804
Checchi Capital Advisers
California
$644K -$16.1K -80 -3%
FTC
805
Farmers Trust Company
Ohio
$644K -$10K -50 -2%
CPIA
806
Cornell Pochily Investment Advisors
New York
$644K -$5.82K -29 -1%
FC
807
FCA Corp
Texas
$642K
HA
808
Harbor Advisors
Florida
$642K
PTC
809
Private Trust Company
Ohio
$636K -$13.3K -66 -2%
ACA
810
Aptus Capital Advisors
Alabama
$636K +$30.5K +152 +5%
LFAS
811
Level Four Advisory Services
Texas
$634K -$39.6K -197 -6%
WAP
812
Wealthcare Advisory Partners
Pennsylvania
$630K +$5.02K +25 +0.9%
WMG
813
WESCAP Management Group
California
$627K -$57.2K -285 -9%
CB
814
CNB Bank
Pennsylvania
$626K -$115K -574 -16%
WIA
815
Westbourne Investment Advisors
Maryland
$622K -$17.1K -85 -3%
FWCM
816
Ferguson Wellman Capital Management
Oregon
$622K -$8.03K -40 -1%
Carson Wealth (CWM LLC)
817
Carson Wealth (CWM LLC)
Nebraska
$620K
ACA
818
Anchor Capital Advisors
Massachusetts
$618K
AFG
819
Arkansas Financial Group
Arkansas
$616K +$578K +2,879 New
NPF
820
Norris Perne & French
Michigan
$615K
SC
821
SRB Corp
Massachusetts
$611K
SC
822
Searle & Co
Connecticut
$609K
GCM
823
Gables Capital Management
Florida
$605K
OSAM
824
O'Shaughnessy Asset Management
Connecticut
$604K +$143K +712 +34%
MA
825
Mutual Advisors
Nebraska
$603K +$1.61K +8 +0.3%

NSC Hedge Fund Activity: Q3 2020 in Review

1,362 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in Norfolk Southern (NSC) for Q3 2020, worth a combined $40.2B — up 22% from $33.1B a quarter earlier.

Buyers outnumbered sellers: 159 funds opened new NSC positions and 78 closed out — a net gain of 81 holders — while 385 added to existing stakes and 535 trimmed.

The largest buyer was T. Rowe Price Associates, adding an estimated $637M. The largest seller was Lazard Asset Management, cutting an estimated $554M.

  • 1,362 institutional investors held Norfolk Southern (NSC) as of Q3 2020, up from 1,293 in Q2 2020.
  • Funds reported $40.2B of Norfolk Southern stock for Q3 2020, up 22% quarter-over-quarter.
  • 159 funds opened new Norfolk Southern positions in Q3 2020 and 78 closed out, a net change of +81 holders.
  • The largest Norfolk Southern buyer in Q3 2020 was T. Rowe Price Associates, an estimated $637M added.
  • The largest Norfolk Southern seller in Q3 2020 was Lazard Asset Management, an estimated $554M sold.

Based on aggregated 13F filings for Q3 2020.