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Norfolk Southern

1,362 hedge funds and large institutions have $40.2B invested in Norfolk Southern in 2020 Q3 according to their latest regulatory filings, with 159 funds opening new positions, 385 increasing their positions, 535 reducing their positions, and 78 closing their positions.

New
Increased
Maintained
Reduced
Closed

104% more first-time investments, than exits

New positions opened: 159 | Existing positions closed: 78

56% more call options, than puts

Call options by funds: $455M | Put options by funds: $292M

40% more funds holding in top 10

Funds holding in top 10: 2028 (+8)

22% more capital invested

Capital invested by funds: $33.1B → $40.2B (+$7.15B)

5% more funds holding

Funds holding: 1,2931,362 (+69)

0.23% more ownership

Funds ownership: 73.52%73.75% (+0.23%)

28% less repeat investments, than reductions

Existing positions increased: 385 | Existing positions reduced: 535

Holders
1,362
Holders Change
+69
Holders Change %
+5.34%
% of All Funds
27.48%
Holding in Top 10
28
Holding in Top 10 Change
+8
Holding in Top 10 Change %
+40%
% of All Funds
0.56%
New
159
Increased
385
Reduced
535
Closed
78
Calls
$455M
Puts
$292M
Net Calls
+$162M
Net Calls Change
+$12.5M
Name Holding Trade Value Shares
Change
Change in
Stake
WG
901
Welch Group
Alabama
$466K +$45.4K +226 +12%
SMH
902
Sanders Morris Harris
Texas
$465K
CA
903
Calton & Associates
Florida
$464K +$24.3K +121 +6%
FAM
904
Formidable Asset Management
Ohio
$462K
VLC
905
Van Leeuwen & Company
New Jersey
$457K
GLA
906
Good Life Advisors
Pennsylvania
$456K -$7.83K -39 -2%
MIM
907
Montgomery Investment Management
Maryland
$456K
CI Investments Inc
908
CI Investments Inc
Ontario, Canada
$455K +$427K +2,128 New
CTA
909
Chesley Taft & Associates
Illinois
$452K
WS
910
Wedbush Securities
California
$450K -$52.8K -263 -11%
OIA
911
OneDigital Investment Advisors
Kansas
$450K -$39.6K -197 -9%
CWM
912
Calamos Wealth Management
Illinois
$449K +$90.4K +450 +27%
FC
913
FORA Capital
Florida
$449K +$421K +2,098 New
OC
914
Oakworth Capital
Alabama
$447K -$100K -500 -19%
HPC
915
Hobart Private Capital
North Carolina
$447K +$14.3K +71 +4%
BW
916
Bison Wealth
Georgia
$445K +$20.1K +100 +5%
CIA
917
Compass Ion Advisors
Pennsylvania
$443K -$47K -234 -10%
YIA
918
YHB Investment Advisors
Connecticut
$441K +$2.01K +10 +0.5%
JWCA
919
J.W. Coons Advisors
Ohio
$441K +$5.22K +26 +1%
EFL
920
ERn Financial LLC
Wisconsin
$441K +$40.4K +201 +11%
APG
921
Abacus Planning Group
South Carolina
$440K -$145K -724 -26%
VFP
922
Verus Financial Partners
Virginia
$440K -$119K -593 -22%
TSWM
923
Triangle Securities Wealth Management
North Carolina
$440K -$4.02K -20 -1%
CCM
924
Covington Capital Management
California
$437K -$70.3K -350 -15%
WP
925
WMS Partners
Maryland
$436K

NSC Hedge Fund Activity: Q3 2020 in Review

1,362 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in Norfolk Southern (NSC) for Q3 2020, worth a combined $40.2B — up 22% from $33.1B a quarter earlier.

Buyers outnumbered sellers: 159 funds opened new NSC positions and 78 closed out — a net gain of 81 holders — while 385 added to existing stakes and 535 trimmed.

The largest buyer was T. Rowe Price Associates, adding an estimated $637M. The largest seller was Lazard Asset Management, cutting an estimated $554M.

  • 1,362 institutional investors held Norfolk Southern (NSC) as of Q3 2020, up from 1,293 in Q2 2020.
  • Funds reported $40.2B of Norfolk Southern stock for Q3 2020, up 22% quarter-over-quarter.
  • 159 funds opened new Norfolk Southern positions in Q3 2020 and 78 closed out, a net change of +81 holders.
  • The largest Norfolk Southern buyer in Q3 2020 was T. Rowe Price Associates, an estimated $637M added.
  • The largest Norfolk Southern seller in Q3 2020 was Lazard Asset Management, an estimated $554M sold.

Based on aggregated 13F filings for Q3 2020.