Norfolk Southern
1,607 hedge funds and large institutions have $42.4B invested in Norfolk Southern in 2024 Q3 according to their latest regulatory filings, with 164 funds opening new positions, 481 increasing their positions, 597 reducing their positions, and 99 closing their positions.
66% more first-time investments, than exits
New positions opened: 164 | Existing positions closed: 99
41% more call options, than puts
Call options by funds: $236M | Put options by funds: $168M
23% more funds holding in top 10
Funds holding in top 10: 13 → 16 (+3)
15% more capital invested
Capital invested by funds: $36.7B → $42.4B (+$5.68B)
3% more funds holding
Funds holding: 1,561 → 1,607 (+46)
0.33% more ownership
Funds ownership: 75.77% → 76.09% (+0.33%)
19% less repeat investments, than reductions
Existing positions increased: 481 | Existing positions reduced: 597
Top Buyers
Top Sellers
| 1 |
Wells Fargo
San Francisco,
California
|
-$498M |
| 2 |
Franklin Resources
San Mateo,
California
|
-$347M |
| 3 |
Lazard Asset Management
New York
|
-$144M |
| 4 |
Goldman Sachs
New York
|
-$102M |
| 5 |
American Century Companies
Kansas City,
Missouri
|
-$99.6M |
NSC Hedge Fund Activity: Q3 2024 in Review
1,607 of the 6,964 institutional investors tracked by Wall St. Rank reported a position in Norfolk Southern (NSC) for Q3 2024, worth a combined $42.4B — up 15% from $36.7B a quarter earlier.
Buyers outnumbered sellers: 164 funds opened new NSC positions and 99 closed out — a net gain of 65 holders — while 481 added to existing stakes and 597 trimmed.
The largest buyer was T. Rowe Price Associates, adding an estimated $368M. The largest seller was Wells Fargo, cutting an estimated $498M.
- 1,607 institutional investors held Norfolk Southern (NSC) as of Q3 2024, up from 1,561 in Q2 2024.
- Funds reported $42.4B of Norfolk Southern stock for Q3 2024, up 15% quarter-over-quarter.
- 164 funds opened new Norfolk Southern positions in Q3 2024 and 99 closed out, a net change of +65 holders.
- The largest Norfolk Southern buyer in Q3 2024 was T. Rowe Price Associates, an estimated $368M added.
- The largest Norfolk Southern seller in Q3 2024 was Wells Fargo, an estimated $498M sold.
Based on aggregated 13F filings for Q3 2024.