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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
CAW
1076
Cornerstone Advisors (Washington)
Washington
$158K -$4.25K -23 -2%
HIA
1077
Harbor Investment Advisory
Maryland
$158K
OPS
1078
Orion Portfolio Solutions
Nebraska
$154K +$78.1K +423 +67%
SCA
1079
Stonebridge Capital Advisors
Minnesota
$153K
CIS
1080
Capital International Sarl
California
$153K +$193K +1,045 New
KTC
1081
Kistler-Tiffany Companies
Pennsylvania
$152K
AF
1082
Arrow Financial
New York
$150K
SFSIG
1083
San Francisco Sentry Investment Group
California
$149K -$39.9K -216 -17%
PO
1084
Private Ocean
California
$148K -$185 -1 -0.1%
CFO
1085
CVA Family Office
Colorado
$147K +$186K +1,007 New
JWA
1086
JFS Wealth Advisors
Pennsylvania
$146K +$6.09K +33 +3%
KFI
1087
Key Financial Inc
Pennsylvania
$141K +$176K +952 New
PHK
1088
Point72 Hong Kong
Hong Kong
$140K +$177K +957 New
AA
1089
AlphaMark Advisors
Kentucky
$139K
MA
1090
MCF Advisors
Kentucky
$139K
CQS
1091
Credential Qtrade Securities
$138K +$175K +948 New
ADL
1092
Asset Dedication LLC
California
$138K -$73.8K -400 -30%
DOA
1093
D'Orazio & Associates
Virginia
$138K +$1.11K +6 +0.6%
FDCDDQ
1094
Federation des caisses Desjardins du Quebec
Quebec, Canada
$136K
GAM
1095
Gemmer Asset Management
California
$135K +$36.9K +200 +28%
TWP
1096
TFO Wealth Partners
Ohio
$134K
BWP
1097
Baldwin Wealth Partners
Massachusetts
$133K -$10.5K -57 -6%
SWM
1098
Selective Wealth Management
Virginia
$133K
CFFP
1099
Center for Financial Planning
Michigan
$131K
MSFP
1100
Mark Sheptoff Financial Planning
Connecticut
$131K

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.