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Norfolk Southern

1,589 hedge funds and large institutions have $41.6B invested in Norfolk Southern in 2022 Q4 according to their latest regulatory filings, with 190 funds opening new positions, 458 increasing their positions, 563 reducing their positions, and 71 closing their positions.

New
Increased
Maintained
Reduced
Closed

168% more first-time investments, than exits

New positions opened: 190 | Existing positions closed: 71

67% more call options, than puts

Call options by funds: $481M | Put options by funds: $288M

13% more capital invested

Capital invested by funds: $36.8B → $41.6B (+$4.84B)

11% more funds holding in top 10

Funds holding in top 10: 1921 (+2)

6% more funds holding

Funds holding: 1,5001,589 (+89)

0.05% more ownership

Funds ownership: 73.24%73.3% (+0.05%)

19% less repeat investments, than reductions

Existing positions increased: 458 | Existing positions reduced: 563

Holders
1,589
Holders Change
+89
Holders Change %
+5.93%
% of All Funds
25.54%
Holding in Top 10
21
Holding in Top 10 Change
+2
Holding in Top 10 Change %
+10.53%
% of All Funds
0.34%
New
190
Increased
458
Reduced
563
Closed
71
Calls
$481M
Puts
$288M
Net Calls
+$193M
Net Calls Change
+$74.5M
Name Holding Trade Value Shares
Change
Change in
Stake
New York State Teachers Retirement System (NYSTRS)
76
New York State Teachers Retirement System (NYSTRS)
New York
$60.8M -$1.73M -7,294 -3%
Renaissance Technologies
77
Renaissance Technologies
New York
$60.4M -$53.5M -226,200 -48%
Citigroup
78
Citigroup
New York
$60.3M +$8.41M +35,549 +17%
Envestnet Asset Management
79
Envestnet Asset Management
Illinois
$59.5M +$2.01M +8,487 +4%
Macquarie Group
80
Macquarie Group
Australia
$59.4M -$4.27M -18,046 -7%
Adage Capital Partners
81
Adage Capital Partners
Massachusetts
$58.1M -$33.9M -143,423 -38%
CGPCS
82
Capital Group Private Client Services
California
$57.9M -$96K -406 -0.2%
Bank of Montreal
83
Bank of Montreal
Ontario, Canada
$56.9M +$9.01M +38,102 +20%
MG
84
Markel Group
Virginia
$56.6M
GCM
85
Glenview Capital Management
New York
$56.1M -$5.42M -22,901 -9%
Los Angeles Capital Management
86
Los Angeles Capital Management
California
$55.9M -$23M -97,077 -30%
US Bancorp
87
US Bancorp
Minnesota
$54.9M +$2.58M +10,903 +5%
Mitsubishi UFJ Trust & Banking
88
Mitsubishi UFJ Trust & Banking
Japan
$54.8M -$214M -902,958 -80%
Russell Investments Group
89
Russell Investments Group
United Kingdom
$54.6M -$18.5M -78,118 -26%
Ensign Peak Advisors
90
Ensign Peak Advisors
Utah
$51.4M +$1.6M +6,758 +3%
Man Group
91
Man Group
United Kingdom
$50.7M +$8.59M +36,310 +21%
Prudential Financial
92
Prudential Financial
New Jersey
$49.8M +$508K +2,147 +1%
Retirement Systems of Alabama
93
Retirement Systems of Alabama
Alabama
$49M -$909K -3,844 -2%
WHRC
94
W.H. Reaves & Co
New Jersey
$45.6M
Fifth Third Bancorp
95
Fifth Third Bancorp
Ohio
$45.2M -$1.27M -5,389 -3%
AAP
96
Aristotle Atlantic Partners
Florida
$44.9M +$697K +2,946 +2%
COPPSERS
97
Commonwealth of Pennsylvania Public School Employees Retirement System
Pennsylvania
$44.8M +$4.9M +20,732 +13%
Manulife (Manufacturers Life Insurance)
98
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$41.9M -$1.82M -7,703 -4%
Mitsubishi UFJ Asset Management
99
Mitsubishi UFJ Asset Management
Japan
$41.6M +$4.1M +17,323 +12%
M&T Bank
100
M&T Bank
New York
$40.8M +$705K +2,979 +2%

NSC Hedge Fund Activity: Q4 2022 in Review

1,589 of the 6,221 institutional investors tracked by Wall St. Rank reported a position in Norfolk Southern (NSC) for Q4 2022, worth a combined $41.6B — up 13% from $36.8B a quarter earlier.

Buyers outnumbered sellers: 190 funds opened new NSC positions and 71 closed out — a net gain of 119 holders — while 458 added to existing stakes and 563 trimmed.

The largest buyer was Gibson Wealth Advisors, adding an estimated $333M. The largest seller was JP Morgan Chase, cutting an estimated $595M.

  • 1,589 institutional investors held Norfolk Southern (NSC) as of Q4 2022, up from 1,500 in Q3 2022.
  • Funds reported $41.6B of Norfolk Southern stock for Q4 2022, up 13% quarter-over-quarter.
  • 190 funds opened new Norfolk Southern positions in Q4 2022 and 71 closed out, a net change of +119 holders.
  • The largest Norfolk Southern buyer in Q4 2022 was Gibson Wealth Advisors, an estimated $333M added.
  • The largest Norfolk Southern seller in Q4 2022 was JP Morgan Chase, an estimated $595M sold.

Based on aggregated 13F filings for Q4 2022.