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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
SBL
1201
Sargent Bickham Lagudis
Colorado
$18K
SMFS
1202
Squar Milner Financial Services
California
$18K
TFA
1203
Toth Financial Advisory
Virginia
$18K
TC
1204
Trust Company
Kansas
$18K
SC
1205
Solstein Capital
California
$18K +$10.7K +58 +89%
SWM
1206
Sugarloaf Wealth Management
Georgia
$17K +$185 +1 +0.9%
GSWM
1207
Golden State Wealth Management
California
$16K +$20.1K +109 New
Loomis, Sayles & Company
1208
Loomis, Sayles & Company
Massachusetts
$15K -$73.5K -398 -79%
LFG
1209
Larson Financial Group
Missouri
$15K -$738 -4 -4%
MCM
1210
MV Capital Management
Maryland
$15K
PP
1211
Pacifica Partners
Canada
$15K
AAP
1212
Arax Advisory Partners
Colorado
$15K +$8.31K +45 +80%
OFG
1213
OmniStar Financial Group
North Carolina
$15K +$18.6K +101 New
MWM
1214
MBE Wealth Management
Wisconsin
$15K +$19.6K +106 New
VCS
1215
Vaughan & Co Securities
New Jersey
$14.6K -$13.8K -75 -43%
JGIA
1216
Jackson Grant Investment Advisers
Connecticut
$14K
IA
1217
IndexIQ Advisors
New York
$13K -$369 -2 -2%
CAL
1218
Capital Analysts LLC
Pennsylvania
$13K
DWM
1219
Darwin Wealth Management
Florida
$13K +$17.4K +94 New
CI
1220
CX Institutional
Indiana
$12K -$3.69K -20 -20%
LS
1221
Leelyn Smith
Illinois
$12K
WFMPM
1222
Woodley Farra Manion Portfolio Management
Indiana
$12K
SL
1223
Savior LLC
Massachusetts
$11K -$14.4K -78 -50%
IFA
1224
Interactive Financial Advisors
Illinois
$11K -$4.62K -25 -26%
BII
1225
Bainco International Investors
Massachusetts
$11K +$14.2K +77 New

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.