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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
MSFP
876
Mark Sheptoff Financial Planning
Connecticut
$155K +$148K +1,600 New
ARMT
877
Amica Retiree Medical Trust
Rhode Island
$154K
TF
878
Tompkins Financial
New York
$151K
MCM
879
Manchester Capital Management
Vermont
$148K
FAM
880
Formidable Asset Management
Ohio
$146K
CFA
881
Carroll Financial Associates
North Carolina
$143K +$13.4K +145 +11%
WG
882
Welch Group
Alabama
$140K
FFC
883
First Financial Corp
Indiana
$137K
NSIM
884
North Star Investment Management
Illinois
$131K +$125K +1,344 New
DVM
885
Dreman Value Management
Florida
$130K +$92.4K +996 +293%
IMS
886
Index Management Solutions
Pennsylvania
$125K +$62.1K +669 +109%
ICOM
887
Investment Counselors of Maryland
Maryland
$117K -$32.5K -350 -23%
JAM
888
Jolley Asset Management
North Carolina
$117K
PG
889
PEAK6 Group
Illinois
$117K +$111K +1,200 New
Victory Capital Management
890
Victory Capital Management
Texas
$109K +$928 +10 +0.9%
AIM
891
Acuity Investment Management
Ontario, Canada
$107K -$158K -1,700 -61%
W
892
Wealthfront
California
$105K +$99.1K +1,068 New
ACM
893
Antonetti Capital Management
Florida
$101K -$70K -755 -42%
BBPWM
894
Blue Bell Private Wealth Management
Pennsylvania
$101K
S
895
SignatureFD
Georgia
$100K -$188K -2,032 -66%
NIM
896
NuWave Investment Management
New Jersey
$100K +$88.5K +954 +1,208%
ICM
897
ICC Capital Management
Florida
$97K
JIC
898
Joel Isaacson & Co
New York
$97K
DOA
899
D'Orazio & Associates
Virginia
$95K +$464 +5 +0.5%
LNB
900
Ledyard National Bank
$89K -$4.64K -50 -5%

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.