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Norfolk Southern

955 hedge funds and large institutions have $19.7B invested in Norfolk Southern in 2016 Q3 according to their latest regulatory filings, with 72 funds opening new positions, 278 increasing their positions, 376 reducing their positions, and 54 closing their positions.

New
Increased
Maintained
Reduced
Closed

71% more funds holding in top 10

Funds holding in top 10: 712 (+5)

33% more first-time investments, than exits

New positions opened: 72 | Existing positions closed: 54

16% more call options, than puts

Call options by funds: $180M | Put options by funds: $155M

14% more capital invested

Capital invested by funds: $17.2B → $19.7B (+$2.45B)

1.1% more ownership

Funds ownership: 68.52%69.62% (+1.1%)

1% more funds holding

Funds holding: 949955 (+6)

26% less repeat investments, than reductions

Existing positions increased: 278 | Existing positions reduced: 376

Holders
955
Holders Change
+6
Holders Change %
+0.63%
% of All Funds
25.48%
Holding in Top 10
12
Holding in Top 10 Change
+5
Holding in Top 10 Change %
+71.43%
% of All Funds
0.32%
New
72
Increased
278
Reduced
376
Closed
54
Calls
$180M
Puts
$155M
Net Calls
+$24.7M
Net Calls Change
+$38.8M
Name Holding Trade Value Shares
Change
Change in
Stake
TA
76
Teachers Advisors
New York
$40.4M -$5.71M -62,709 -13%
Principal Financial Group
77
Principal Financial Group
Iowa
$39.9M +$468K +5,147 +1%
Canada Life
78
Canada Life
Manitoba, Canada
$39.1M -$2.7M -29,703 -7%
WSTAM
79
Wilbanks Smith & Thomas Asset Management
Virginia
$38.9M -$1.25M -13,765 -3%
Marshall Wace
80
Marshall Wace
United Kingdom
$37.7M -$15.8M -173,311 -31%
BJ
81
BlackRock Japan
Japan
$37.3M -$118K -1,302 -0.3%
SC
82
Saturna Capital
Washington
$37.2M
Balyasny Asset Management
83
Balyasny Asset Management
Illinois
$37.2M +$30.4M +333,550 +667%
BCM
84
Bridgeway Capital Management
Texas
$36.5M
US Bancorp
85
US Bancorp
Minnesota
$36.1M -$1.04M -11,456 -3%
Westfield Capital Management
86
Westfield Capital Management
Massachusetts
$36M +$3.1M +34,100 +10%
Stifel Financial
87
Stifel Financial
Missouri
$34.3M +$3.02M +33,194 +10%
MAM
88
Magellan Asset Management
Australia
$32.5M +$30.5M +334,712 New
Comerica Bank
89
Comerica Bank
Texas
$31.9M -$550K -6,040 -2%
BAPIM
90
British Airways Pensions Investment Management
United Kingdom
$31M -$26.2K -288 -0.1%
EA
91
Emerald Acquisition
Washington
$30.2M -$14.6M -160,317 -34%
GC
92
Guggenheim Capital
Illinois
$29.9M -$2.21M -24,327 -7%
UBS Group
93
UBS Group
Switzerland
$29.4M -$300K -3,292 -1%
Bank of Montreal
94
Bank of Montreal
Ontario, Canada
$29M -$12.6M -138,000 -32%
First Trust Advisors
95
First Trust Advisors
Illinois
$29M +$12.9M +142,025 +91%
Primecap Management
96
Primecap Management
California
$28.1M -$11.4M -124,924 -30%
Manulife (Manufacturers Life Insurance)
97
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$27.2M +$877K +9,637 +4%
GLA
98
Great Lakes Advisors
Illinois
$27.1M -$803K -8,827 -3%
ZIM
99
Zacks Investment Management
Illinois
$26.4M +$2.11M +23,215 +9%
CI
100
Cincinnati Insurance
Ohio
$25.7M

NSC Hedge Fund Activity: Q3 2016 in Review

955 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Norfolk Southern (NSC) for Q3 2016, worth a combined $19.7B — up 14% from $17.2B a quarter earlier.

Buyers outnumbered sellers: 72 funds opened new NSC positions and 54 closed out — a net gain of 18 holders — while 278 added to existing stakes and 376 trimmed.

The largest buyer was T. Rowe Price Associates, adding an estimated $162M. The largest seller was Capital Research Global Investors, cutting an estimated $322M.

  • 955 institutional investors held Norfolk Southern (NSC) as of Q3 2016, up from 949 in Q2 2016.
  • Funds reported $19.7B of Norfolk Southern stock for Q3 2016, up 14% quarter-over-quarter.
  • 72 funds opened new Norfolk Southern positions in Q3 2016 and 54 closed out, a net change of +18 holders.
  • The largest Norfolk Southern buyer in Q3 2016 was T. Rowe Price Associates, an estimated $162M added.
  • The largest Norfolk Southern seller in Q3 2016 was Capital Research Global Investors, an estimated $322M sold.

Based on aggregated 13F filings for Q3 2016.