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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
OBGC
1051
O'Brien Greene & Co
Pennsylvania
$205K
WC
1052
Westhampton Capital
North Carolina
$204K -$18.5K -100 -7%
AWM
1053
Altavista Wealth Management
North Carolina
$204K +$258K +1,399 New
DWM
1054
Doyle Wealth Management
Florida
$203K +$185 +1 +0.1%
NCM
1055
Noesis Capital Mangement
Florida
$203K -$36.9K -200 -13%
GP
1056
Girard Partners
Pennsylvania
$202K -$208K -1,126 -45%
AWA
1057
Arete Wealth Advisors
Illinois
$202K
RAM
1058
Redmond Asset Management
Virginia
$202K
OIA
1059
Optimum Investment Advisors
Illinois
$201K -$36.9K -200 -13%
CT
1060
Coastline Trust
Rhode Island
$201K
BCA
1061
Berman Capital Advisors
Georgia
$200K -$62.4K -338 -20%
MWM
1062
Meridian Wealth Management
Kentucky
$200K
EWM
1063
Elmwood Wealth Management
California
$189K +$59.8K +324 +30%
PRC
1064
Pearl River Capital
Michigan
$188K -$509K -2,757 -68%
RE
1065
RBC Europe
United Kingdom
$185K
MMG
1066
Monetary Management Group
Missouri
$182K +$23.1K +125 +11%
CG
1067
Cutler Group
California
$181K +$18.5K +100 +9%
TL
1068
TrueWealth LLC
Georgia
$180K -$10.7K -58 -4%
POIA
1069
Pin Oak Investment Advisors
Texas
$180K
CIA
1070
CSat Investment Advisory
Michigan
$177K +$83.1K +450 +59%
NFG
1071
Next Financial Group
Texas
$176K -$118K -638 -35%
FWM
1072
Focused Wealth Management
New York
$175K
KLWA
1073
Kelly Lawrence W & Associates
California
$175K
WPA
1074
West Paces Advisors
Georgia
$169K -$5.72K -31 -3%
CF
1075
Centaurus Financial
California
$160K

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.