Norfolk Southern
941 hedge funds and large institutions have $17.3B invested in Norfolk Southern in 2015 Q4 according to their latest regulatory filings, with 120 funds opening new positions, 238 increasing their positions, 408 reducing their positions, and 76 closing their positions.
74% more call options, than puts
Call options by funds: $247M | Put options by funds: $142M
58% more first-time investments, than exits
New positions opened: 120 | Existing positions closed: 76
10% more capital invested
Capital invested by funds: $15.7B → $17.3B (+$1.58B)
4% more funds holding
Funds holding: 909 → 941 (+32)
0.46% more ownership
Funds ownership: 68.44% → 68.9% (+0.46%)
17% less funds holding in top 10
Funds holding in top 10: 12 → 10 (-2)
42% less repeat investments, than reductions
Existing positions increased: 238 | Existing positions reduced: 408
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital Research Global Investors
Los Angeles,
California
|
+$390M |
| 2 |
Thrivent Financial for Lutherans
Minneapolis,
Minnesota
|
+$112M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
+$89.2M |
| 4 |
Wellington Management Group
Boston,
Massachusetts
|
+$84.3M |
| 5 |
Barrow, Hanley, Mewhinney & Strauss
Dallas,
Texas
|
+$82.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Lazard Asset Management
New York
|
-$176M |
| 2 |
Wells Fargo
San Francisco,
California
|
-$119M |
| 3 |
Nordea Investment Management
Stockholm,
Sweden
|
-$79.1M |
| 4 |
Two Sigma Investments
New York
|
-$72.2M |
| 5 |
SG Americas Securities
New York
|
-$71.9M |
NSC Hedge Fund Activity: Q4 2015 in Review
941 of the 3,812 institutional investors tracked by Wall St. Rank reported a position in Norfolk Southern (NSC) for Q4 2015, worth a combined $17.3B — up 10% from $15.7B a quarter earlier.
Buyers outnumbered sellers: 120 funds opened new NSC positions and 76 closed out — a net gain of 44 holders — while 238 added to existing stakes and 408 trimmed.
The largest buyer was Capital Research Global Investors, adding an estimated $390M. The largest seller was Lazard Asset Management, cutting an estimated $176M.
- 941 institutional investors held Norfolk Southern (NSC) as of Q4 2015, up from 909 in Q3 2015.
- Funds reported $17.3B of Norfolk Southern stock for Q4 2015, up 10% quarter-over-quarter.
- 120 funds opened new Norfolk Southern positions in Q4 2015 and 76 closed out, a net change of +44 holders.
- The largest Norfolk Southern buyer in Q4 2015 was Capital Research Global Investors, an estimated $390M added.
- The largest Norfolk Southern seller in Q4 2015 was Lazard Asset Management, an estimated $176M sold.
Based on aggregated 13F filings for Q4 2015.