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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
CFSG
901
Community Financial Services Group
Vermont
$89K +$85.3K +920 New
TIM
902
Tortoise Investment Management
New York
$87K
RFA
903
Reilly Financial Advisors
California
$85K -$4.64K -50 -5%
BRWM
904
B. Riley Wealth Management
Tennessee
$80K +$76.2K +822 New
NES
905
New England Securities
New York
$79K
AR
906
Advisory Research
Illinois
$73K +$69.5K +749 New
HCM
907
Horrell Capital Management
Arkansas
$70K
PAS
908
Partnervest Advisory Services
California
$70K +$67.1K +723 New
MA
909
MCF Advisors
Kentucky
$68K +$37.1K +400 +133%
CRCP
910
Copper Rock Capital Partners
Massachusetts
$68K +$64.9K +700 New
M
911
MOTCO
Texas
$67K
AC
912
Alexandria Capital
Virginia
$67K +$928 +10 +1%
HPBT
913
High Point Bank & Trust
North Carolina
$67K +$55.7K +600 +667%
KPCM
914
Kings Point Capital Management
New York
$63K
EFSCE
915
Enterprise Financial Services Corp (EFSC)
Missouri
$63K +$3.52K +38 +6%
GI
916
Gradient Investments
Minnesota
$59K -$50.5K -544 -47%
ARMC
917
American Research & Management Company
Massachusetts
$58K
CAL
918
Capital Analysts LLC
Pennsylvania
$55.4K
VIA
919
Vantage Investment Advisors
Pennsylvania
$55K
WA
920
WealthTrust-Arizona
Arizona
$53K
MAM
921
Mizuho Asset Management
Japan
$52K
SA
922
SRH Advisors
Kansas
$51K
AW
923
Alpha Windward
Massachusetts
$50K
LFR
924
Lehman Financial Resources
Pennsylvania
$49K
CFN
925
Cordasco Financial Network
Florida
$49K +$46.4K +500 New

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.