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Norfolk Southern

863 hedge funds and large institutions have $15.3B invested in Norfolk Southern in 2013 Q3 according to their latest regulatory filings, with 67 funds opening new positions, 323 increasing their positions, 308 reducing their positions, and 53 closing their positions.

New
Increased
Maintained
Reduced
Closed

64% more call options, than puts

Call options by funds: $263M | Put options by funds: $160M

26% more first-time investments, than exits

New positions opened: 67 | Existing positions closed: 53

7% more funds holding in top 10

Funds holding in top 10: 1516 (+1)

5% more capital invested

Capital invested by funds: $14.5B → $15.3B (+$773M)

5% more repeat investments, than reductions

Existing positions increased: 323 | Existing positions reduced: 308

1% more funds holding

Funds holding: 855863 (+8)

0.07% more ownership

Funds ownership: 63.77%63.84% (+0.07%)

Holders
863
Holders Change
+8
Holders Change %
+0.94%
% of All Funds
27.98%
Holding in Top 10
16
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+6.67%
% of All Funds
0.52%
New
67
Increased
323
Reduced
308
Closed
53
Calls
$263M
Puts
$160M
Net Calls
+$103M
Net Calls Change
+$118M
Name Holding Trade Value Shares
Change
Change in
Stake
SC
76
Saturna Capital
Washington
$39.7M
SC
77
Skylands Capital
Wisconsin
$38.6M +$1.96M +26,150 +6%
RFC
78
Russell Frank Company
Washington
$38.3M -$7.4M -98,771 -17%
PPA
79
Parametric Portfolio Associates
Washington
$37.9M -$606K -8,083 -2%
WSTAM
80
Wilbanks Smith & Thomas Asset Management
Virginia
$37.7M -$3.82M -50,984 -9%
Axa
81
Axa
France
$37.3M -$2.75M -36,770 -7%
Adage Capital Partners
82
Adage Capital Partners
Massachusetts
$36.6M +$659K +8,800 +2%
U
83
UBS
Switzerland
$36.2M +$5.19M +69,281 +17%
Comerica Bank
84
Comerica Bank
Texas
$35.8M +$17.9M +238,616 +107%
US Bancorp
85
US Bancorp
Minnesota
$35.5M +$1.81M +24,156 +6%
Franklin Resources
86
Franklin Resources
California
$34.3M +$1.23M +16,363 +4%
DC
87
Davenport & Co
Virginia
$34.2M -$263K -3,505 -0.8%
SI
88
Sentry Investments
Ontario, Canada
$32.6M -$11.9M -159,400 -27%
State of Wisconsin Investment Board
89
State of Wisconsin Investment Board
Wisconsin
$31.7M -$1.35M -17,960 -4%
MTB
90
Mizuho Trust & Banking
Japan
$31.7M
TAM
91
Todd Asset Management
Kentucky
$31.7M -$2.38M -31,725 -7%
B
92
Baird
Wisconsin
$31.4M -$1.15M -15,404 -4%
Barclays
93
Barclays
United Kingdom
$31M -$225K -3,010 -0.7%
RJA
94
Raymond James & Associates
Florida
$29.7M -$52.4K -700 -0.2%
Fifth Third Bancorp
95
Fifth Third Bancorp
Ohio
$28.8M -$2.61M -34,810 -9%
BJ
96
BlackRock Japan
Japan
$28.6M +$43.3K +578 +0.2%
Principal Financial Group
97
Principal Financial Group
Iowa
$27.6M -$990K -13,221 -4%
CIC
98
Chilton Investment Company
Connecticut
$26.8M +$16M +213,108 +159%
JIC
99
Johnson Investment Counsel
Ohio
$26.7M +$992K +13,245 +4%
Swiss National Bank
100
Swiss National Bank
Switzerland
$26.4M +$494K +6,600 +2%

NSC Hedge Fund Activity: Q3 2013 in Review

863 of the 3,084 institutional investors tracked by Wall St. Rank reported a position in Norfolk Southern (NSC) for Q3 2013, worth a combined $15.3B — up 5.3% from $14.5B a quarter earlier.

Buyers outnumbered sellers: 67 funds opened new NSC positions and 53 closed out — a net gain of 14 holders — while 323 added to existing stakes and 308 trimmed.

The largest buyer was Wellington Management Group, adding an estimated $126M. The largest seller was Invesco, cutting an estimated $102M.

  • 863 institutional investors held Norfolk Southern (NSC) as of Q3 2013, up from 855 in Q2 2013.
  • Funds reported $15.3B of Norfolk Southern stock for Q3 2013, up 5.3% quarter-over-quarter.
  • 67 funds opened new Norfolk Southern positions in Q3 2013 and 53 closed out, a net change of +14 holders.
  • The largest Norfolk Southern buyer in Q3 2013 was Wellington Management Group, an estimated $126M added.
  • The largest Norfolk Southern seller in Q3 2013 was Invesco, an estimated $102M sold.

Based on aggregated 13F filings for Q3 2013.