Norfolk Southern
957 hedge funds and large institutions have $18.5B invested in Norfolk Southern in 2013 Q4 according to their latest regulatory filings, with 138 funds opening new positions, 305 increasing their positions, 356 reducing their positions, and 38 closing their positions.
263% more first-time investments, than exits
New positions opened: 138 | Existing positions closed: 38
164% more call options, than puts
Call options by funds: $451M | Put options by funds: $171M
31% more funds holding in top 10
Funds holding in top 10: 16 → 21 (+5)
21% more capital invested
Capital invested by funds: $15.3B → $18.5B (+$3.17B)
11% more funds holding
Funds holding: 863 → 957 (+94)
0.75% more ownership
Funds ownership: 63.84% → 64.59% (+0.75%)
14% less repeat investments, than reductions
Existing positions increased: 305 | Existing positions reduced: 356
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Allianz Asset Management
Munich,
Germany
|
+$292M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$202M |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$102M |
| 4 |
Principal Financial Group
Des Moines,
Iowa
|
+$75.9M |
| 5 |
Capital International Investors
Los Angeles,
California
|
+$60.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
-$150M |
| 2 |
Bank of New York Mellon
New York
|
-$138M |
| 3 |
Capital Research Global Investors
Los Angeles,
California
|
-$113M |
| 4 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$87.4M |
| 5 |
AllianceBernstein
Nashville,
Tennessee
|
-$77M |
NSC Hedge Fund Activity: Q4 2013 in Review
957 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in Norfolk Southern (NSC) for Q4 2013, worth a combined $18.5B — up 21% from $15.3B a quarter earlier.
Buyers outnumbered sellers: 138 funds opened new NSC positions and 38 closed out — a net gain of 100 holders — while 305 added to existing stakes and 356 trimmed.
The largest buyer was Allianz Asset Management, adding an estimated $292M. The largest seller was JP Morgan Chase, cutting an estimated $150M.
- 957 institutional investors held Norfolk Southern (NSC) as of Q4 2013, up from 863 in Q3 2013.
- Funds reported $18.5B of Norfolk Southern stock for Q4 2013, up 21% quarter-over-quarter.
- 138 funds opened new Norfolk Southern positions in Q4 2013 and 38 closed out, a net change of +100 holders.
- The largest Norfolk Southern buyer in Q4 2013 was Allianz Asset Management, an estimated $292M added.
- The largest Norfolk Southern seller in Q4 2013 was JP Morgan Chase, an estimated $150M sold.
Based on aggregated 13F filings for Q4 2013.