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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
MMG
851
Monetary Management Group
Missouri
$226K
CAG
852
Crestwood Advisors Group
Massachusetts
$225K
Fuller & Thaler Asset Management
853
Fuller & Thaler Asset Management
California
$223K -$213K -2,300 -50%
FNBT
854
FineMark National Bank & Trust
Florida
$223K -$150K -1,617 -41%
CCG
855
Cypress Capital Group
Florida
$223K
AHB
856
Abner Herrman & Brock
New Jersey
$222K
T
857
Thomaspartners
Massachusetts
$217K
GF
858
Gerstein Fisher
New York
$217K +$207K +2,231 New
WS
859
Wedbush Securities
California
$217K +$207K +2,233 New
ABC
860
Associated Banc-Corp
Wisconsin
$212K
WT
861
Washington Trust
Rhode Island
$212K
PFS
862
Prospera Financial Services
Texas
$210K -$9.28K -100 -4%
BO
863
Bank OZK
Arkansas
$205K +$195K +2,107 New
WCM
864
Windsor Capital Management
Arizona
$204K +$50.6K +546 +35%
LIC
865
Lodestar Investment Counsel
Illinois
$204K +$195K +2,100 New
MIH
866
Madison Investment Holdings
Wisconsin
$203K +$194K +2,087 New
CPA
867
Cowen Prime Advisors
New York
$201K +$6.03K +65 +3%
WEC
868
Winslow Evans & Crocker
Massachusetts
$198K -$4.64K -50 -2%
CCM
869
Carderock Capital Management
Maryland
$187K +$179K +1,925 New
QAM
870
QCI Asset Management
New York
$173K -$4.17K -45 -2%
DSC
871
Duncker Streett & Co
Missouri
$171K +$25.5K +275 +19%
TAM
872
Tocqueville Asset Management
New York
$170K -$53.3K -575 -25%
GLI
873
Guardian Life Insurance
New York
$169K -$1.95K -21 -1%
WIL
874
Winifred I. Li
$160K
HFM
875
Hartford Financial Management
Connecticut
$155K

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.