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Norfolk Southern

1,261 hedge funds and large institutions have $27.7B invested in Norfolk Southern in 2020 Q1 according to their latest regulatory filings, with 94 funds opening new positions, 355 increasing their positions, 565 reducing their positions, and 172 closing their positions.

New
Increased
Maintained
Reduced
Closed

64% more call options, than puts

Call options by funds: $346M | Put options by funds: $210M

4.36% less ownership

Funds ownership: 72.94%68.58% (-4.4%)

7% less funds holding

Funds holding: 1,3571,261 (-96)

25% less capital invested

Capital invested by funds: $36.9B → $27.7B (-$9.2B)

27% less funds holding in top 10

Funds holding in top 10: 3022 (-8)

37% less repeat investments, than reductions

Existing positions increased: 355 | Existing positions reduced: 565

45% less first-time investments, than exits

New positions opened: 94 | Existing positions closed: 172

Holders
1,261
Holders Change
-96
Holders Change %
-7.07%
% of All Funds
27.79%
Holding in Top 10
22
Holding in Top 10 Change
-8
Holding in Top 10 Change %
-26.67%
% of All Funds
0.48%
New
94
Increased
355
Reduced
565
Closed
172
Calls
$346M
Puts
$210M
Net Calls
+$135M
Net Calls Change
+$118M
Name Holding Trade Value Shares
Change
Change in
Stake
BCM
1001
Brookstone Capital Management
Illinois
$246K -$55.6K -301 -15%
CCM
1002
Coldstream Capital Management
Washington
$245K -$72.6K -393 -19%
MAWCM
1003
Mine & Arao Wealth Creation & Management
California
$244K +$554 +3 +0.2%
YWP
1004
YorkBridge Wealth Partners
New York
$244K +$738 +4 +0.2%
PGAM
1005
Princeton Global Asset Management
New Jersey
$244K +$2.4K +13 +0.8%
EH
1006
Employers Holdings
Nevada
$243K +$56.3K +305 +22%
ISB
1007
Iowa State Bank
Iowa
$242K
SHWM
1008
Smith & Howard Wealth Management
Georgia
$242K
CWM
1009
Calamos Wealth Management
Illinois
$241K -$79.4K -430 -21%
KFP
1010
KMG Fiduciary Partners
Ohio
$241K +$305K +1,651 New
RA
1011
RFG Advisory
Alabama
$240K -$10.9K -59 -3%
CPO
1012
Cerity Partners OCIO
New York
$238K -$5.91K -32 -2%
XF
1013
XML Financial
Maryland
$238K -$369 -2 -0.1%
SFS
1014
Sowell Financial Services
Arkansas
$236K -$2.03K -11 -0.7%
LSAG
1015
Lake Street Advisors Group
New Hampshire
$235K -$13.8K -75 -4%
CST
1016
Charles Schwab Trust
Nevada
$234K -$35.1K -190 -11%
ECAM
1017
East Coast Asset Management
Massachusetts
$234K
GLLW
1018
Graves Light Lenhart Wealth
Virginia
$233K -$923 -5 -0.3%
AIM
1019
Allen Investment Management
New York
$232K
CC
1020
Capital Counsel
New York
$232K
SHA
1021
Seneca House Advisors
Virginia
$232K
WA
1022
Waverly Advisors
Alabama
$230K +$46.7K +253 +19%
RW
1023
REDW Wealth
New Mexico
$228K
TFS
1024
Thoroughbred Financial Services
Tennessee
$227K -$21.8K -118 -7%
CCM
1025
Canal Capital Management
Virginia
$227K +$2.58K +14 +0.9%

NSC Hedge Fund Activity: Q1 2020 in Review

1,261 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in Norfolk Southern (NSC) for Q1 2020, worth a combined $27.7B — down 25% from $36.9B a quarter earlier.

Sellers outnumbered buyers: 172 funds closed out of NSC and 94 opened new positions — a net loss of 78 holders — while 565 trimmed existing stakes and 355 added.

The largest buyer was American Century Companies, adding an estimated $386M. The largest seller was Soroban Capital Partners, cutting an estimated $285M.

  • 1,261 institutional investors held Norfolk Southern (NSC) as of Q1 2020, down from 1,357 in Q4 2019.
  • Funds reported $27.7B of Norfolk Southern stock for Q1 2020, down 25% quarter-over-quarter.
  • 94 funds opened new Norfolk Southern positions in Q1 2020 and 172 closed out, a net change of -78 holders.
  • The largest Norfolk Southern buyer in Q1 2020 was American Century Companies, an estimated $386M added.
  • The largest Norfolk Southern seller in Q1 2020 was Soroban Capital Partners, an estimated $285M sold.

Based on aggregated 13F filings for Q1 2020.