Norfolk Southern
1,357 hedge funds and large institutions have $36.9B invested in Norfolk Southern in 2019 Q4 according to their latest regulatory filings, with 168 funds opening new positions, 384 increasing their positions, 516 reducing their positions, and 86 closing their positions.
95% more first-time investments, than exits
New positions opened: 168 | Existing positions closed: 86
8% more capital invested
Capital invested by funds: $34B → $36.9B (+$2.88B)
5% more funds holding
Funds holding: 1,292 → 1,357 (+65)
7% more call options, than puts
Call options by funds: $282M | Put options by funds: $265M
0.99% more ownership
Funds ownership: 71.95% → 72.94% (+0.99%)
6% less funds holding in top 10
Funds holding in top 10: 32 → 30 (-2)
26% less repeat investments, than reductions
Existing positions increased: 384 | Existing positions reduced: 516
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$656M |
| 2 |
Lazard Asset Management
New York
|
+$155M |
| 3 |
State Street
Boston,
Massachusetts
|
+$130M |
| 4 |
JP Morgan Chase
New York
|
+$126M |
| 5 |
Viking Global Investors
Stamford,
Connecticut
|
+$117M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$206M |
| 2 |
BlackRock
New York
|
-$201M |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$157M |
| 4 |
Wellington Management Group
Boston,
Massachusetts
|
-$157M |
| 5 |
Ninety One (UK)
London,
United Kingdom
|
-$153M |
NSC Hedge Fund Activity: Q4 2019 in Review
1,357 of the 5,075 institutional investors tracked by Wall St. Rank reported a position in Norfolk Southern (NSC) for Q4 2019, worth a combined $36.9B — up 8.5% from $34B a quarter earlier.
Buyers outnumbered sellers: 168 funds opened new NSC positions and 86 closed out — a net gain of 82 holders — while 384 added to existing stakes and 516 trimmed.
The largest buyer was T. Rowe Price Associates, adding an estimated $656M. The largest seller was Fidelity Investments, cutting an estimated $206M.
- 1,357 institutional investors held Norfolk Southern (NSC) as of Q4 2019, up from 1,292 in Q3 2019.
- Funds reported $36.9B of Norfolk Southern stock for Q4 2019, up 8.5% quarter-over-quarter.
- 168 funds opened new Norfolk Southern positions in Q4 2019 and 86 closed out, a net change of +82 holders.
- The largest Norfolk Southern buyer in Q4 2019 was T. Rowe Price Associates, an estimated $656M added.
- The largest Norfolk Southern seller in Q4 2019 was Fidelity Investments, an estimated $206M sold.
Based on aggregated 13F filings for Q4 2019.