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Norfolk Southern

863 hedge funds and large institutions have $15.3B invested in Norfolk Southern in 2013 Q3 according to their latest regulatory filings, with 67 funds opening new positions, 323 increasing their positions, 308 reducing their positions, and 53 closing their positions.

New
Increased
Maintained
Reduced
Closed

64% more call options, than puts

Call options by funds: $263M | Put options by funds: $160M

26% more first-time investments, than exits

New positions opened: 67 | Existing positions closed: 53

7% more funds holding in top 10

Funds holding in top 10: 1516 (+1)

5% more capital invested

Capital invested by funds: $14.5B → $15.3B (+$773M)

5% more repeat investments, than reductions

Existing positions increased: 323 | Existing positions reduced: 308

1% more funds holding

Funds holding: 855863 (+8)

0.07% more ownership

Funds ownership: 63.77%63.84% (+0.07%)

Holders
863
Holders Change
+8
Holders Change %
+0.94%
% of All Funds
27.98%
Holding in Top 10
16
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+6.67%
% of All Funds
0.52%
New
67
Increased
323
Reduced
308
Closed
53
Calls
$263M
Puts
$160M
Net Calls
+$103M
Net Calls Change
+$118M
Name Holding Trade Value Shares
Change
Change in
Stake
AW
851
Alpha Windward
Massachusetts
$9K
ATC
852
Adirondack Trust Company
New York
$8K
HF
853
Hoxton Financial
West Virginia
$8K
KIG
854
Kessler Investment Group
Indiana
$8K +$1.5K +20 +24%
EWM
855
Elite Wealth Management
Washington
$8K +$7.49K +100 New
CA
856
CapWealth Advisors
Tennessee
$7K
HPBT
857
High Point Bank & Trust
North Carolina
$7K
WAM
858
Wallington Asset Management
Indiana
$6K
ITIM
859
Indiana Trust & Investment Management
Indiana
$6K +$5.77K +77 New
CAW
860
Cornerstone Advisors (Washington)
Washington
$3K
PFO
861
Pathstone Family Office
New Jersey
$3K
UB
862
UMB Bank
Missouri
$1.73K -$91.2K -1,218 -5%
EFS
863
Essex Financial Services
Connecticut
$549 +$16.1K +215 +3%
First Eagle Investment Management
864
First Eagle Investment Management
New York
-$82.8M -1,140,313 Closed
FPP
865
Findlay Park Partners
United Kingdom
-$58.3M -803,000 Closed
CI Investments Inc
866
CI Investments Inc
Ontario, Canada
-$35M -481,800 Closed
SCM
867
Stevens Capital Management
Pennsylvania
-$23.3M -320,781 Closed
EAM
868
Eagle Asset Management
Florida
-$20.9M -287,812 Closed
Renaissance Technologies
869
Renaissance Technologies
New York
-$16.3M -224,700 Closed
MAMU
870
Marathon Asset Management (UK)
United Kingdom
-$14M -193,316 Closed
WM
871
WS Management
Florida
-$13M -178,600 Closed
OI
872
Oakbrook Investments
Illinois
-$9.67M -133,100 Closed
SFM
873
Stack Financial Management
Montana
-$9.42M -129,610 Closed
Millennium Management
874
Millennium Management
New York
-$9.28M -123,848 Closed
PP
875
PDT Partners
New York
-$7.81M -107,442 Closed

NSC Hedge Fund Activity: Q3 2013 in Review

863 of the 3,084 institutional investors tracked by Wall St. Rank reported a position in Norfolk Southern (NSC) for Q3 2013, worth a combined $15.3B — up 5.3% from $14.5B a quarter earlier.

Buyers outnumbered sellers: 67 funds opened new NSC positions and 53 closed out — a net gain of 14 holders — while 323 added to existing stakes and 308 trimmed.

The largest buyer was Wellington Management Group, adding an estimated $126M. The largest seller was Invesco, cutting an estimated $102M.

  • 863 institutional investors held Norfolk Southern (NSC) as of Q3 2013, up from 855 in Q2 2013.
  • Funds reported $15.3B of Norfolk Southern stock for Q3 2013, up 5.3% quarter-over-quarter.
  • 67 funds opened new Norfolk Southern positions in Q3 2013 and 53 closed out, a net change of +14 holders.
  • The largest Norfolk Southern buyer in Q3 2013 was Wellington Management Group, an estimated $126M added.
  • The largest Norfolk Southern seller in Q3 2013 was Invesco, an estimated $102M sold.

Based on aggregated 13F filings for Q3 2013.