Norfolk Southern
1,512 hedge funds and large institutions have $49.6B invested in Norfolk Southern in 2021 Q1 according to their latest regulatory filings, with 142 funds opening new positions, 439 increasing their positions, 578 reducing their positions, and 71 closing their positions.
100% more first-time investments, than exits
New positions opened: 142 | Existing positions closed: 71
42% more call options, than puts
Call options by funds: $595M | Put options by funds: $420M
11% more capital invested
Capital invested by funds: $44.6B → $49.6B (+$5.04B)
4% more funds holding
Funds holding: 1,453 → 1,512 (+59)
0.28% less ownership
Funds ownership: 73.76% → 73.48% (-0.28%)
11% less funds holding in top 10
Funds holding in top 10: 28 → 25 (-3)
24% less repeat investments, than reductions
Existing positions increased: 439 | Existing positions reduced: 578
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
+$309M |
| 2 |
Artisan Partners
Milwaukee,
Wisconsin
|
+$131M |
| 3 |
PCM
Palestra Capital Management
New York
|
+$119M |
| 4 |
MAM
Magellan Asset Management
Sydney,
Australia
|
+$118M |
| 5 |
Citigroup
New York
|
+$57.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Ameriprise
Minneapolis,
Minnesota
|
-$212M |
| 2 |
American Century Companies
Kansas City,
Missouri
|
-$164M |
| 3 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$141M |
| 4 |
VOYA Investment Management
Atlanta,
Georgia
|
-$119M |
| 5 |
MSE
MUFG Securities EMEA
London,
United Kingdom
|
-$108M |
NSC Hedge Fund Activity: Q1 2021 in Review
1,512 of the 5,695 institutional investors tracked by Wall St. Rank reported a position in Norfolk Southern (NSC) for Q1 2021, worth a combined $49.6B — up 11% from $44.6B a quarter earlier.
Buyers outnumbered sellers: 142 funds opened new NSC positions and 71 closed out — a net gain of 71 holders — while 439 added to existing stakes and 578 trimmed.
The largest buyer was JP Morgan Chase, adding an estimated $309M. The largest seller was Ameriprise, cutting an estimated $212M.
- 1,512 institutional investors held Norfolk Southern (NSC) as of Q1 2021, up from 1,453 in Q4 2020.
- Funds reported $49.6B of Norfolk Southern stock for Q1 2021, up 11% quarter-over-quarter.
- 142 funds opened new Norfolk Southern positions in Q1 2021 and 71 closed out, a net change of +71 holders.
- The largest Norfolk Southern buyer in Q1 2021 was JP Morgan Chase, an estimated $309M added.
- The largest Norfolk Southern seller in Q1 2021 was Ameriprise, an estimated $212M sold.
Based on aggregated 13F filings for Q1 2021.