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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
GIP
926
Greatmark Investment Partners
Georgia
$435K -$17.1K -85 -4%
FI
927
FormulaFolio Investments
Michigan
$434K +$18.1K +90 +5%
CHAM
928
Clear Harbor Asset Management
Connecticut
$430K
SIA
929
Strategic Investment Advisors
Michigan
$430K -$48.2K -240 -11%
BBA
930
BLB&B Advisors
Pennsylvania
$430K -$9.04K -45 -2%
FCMC
931
Founders Capital Management (Connecticut)
Connecticut
$430K
WDA
932
Wendell David Associates
New Hampshire
$429K
DY
933
Dowling & Yahnke
California
$428K -$98.6K -491 -20%
BEAM
934
Baker Ellis Asset Management
Washington
$428K -$20.1K -100 -5%
JWBC
935
John W. Bristol & Co
New York
$428K
Members Trust
936
Members Trust
Florida
$427K -$20.9K -104 -5%
GHA
937
GW Henssler & Associates
Georgia
$427K +$21.1K +105 +6%
BFA
938
Bragg Financial Advisors
North Carolina
$424K -$10K -50 -2%
SCM
939
Schnieders Capital Management
California
$424K
MGIA
940
Moneta Group Investment Advisors
Missouri
$422K -$75.3K -375 -16%
MYAM
941
Meiji Yasuda Asset Management
Japan
$420K -$434K -2,160 -52%
KA
942
KLCM Advisors
Wisconsin
$420K
GIA
943
GHP Investment Advisors
Colorado
$419K
TNBTD
944
Trustmark National Bank Trust Department
Mississippi
$418K
SCM
945
Shelton Capital Management
Colorado
$416K -$90K -448 -19%
HCA
946
Horan Capital Advisors
Ohio
$409K
IA
947
IndexIQ Advisors
New York
$409K +$231K +1,148 +151%
SIC
948
Schwartz Investment Counsel
Michigan
$408K -$219K -1,090 -36%
SIA
949
Soltis Investment Advisors
Utah
$408K
FMLI
950
Fukoku Mutual Life Insurance
Japan
$407K

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.