Norfolk Southern
1,641 hedge funds and large institutions have $52.7B invested in Norfolk Southern in 2021 Q4 according to their latest regulatory filings, with 247 funds opening new positions, 489 increasing their positions, 547 reducing their positions, and 74 closing their positions.
234% more first-time investments, than exits
New positions opened: 247 | Existing positions closed: 74
24% more capital invested
Capital invested by funds: $42.5B → $52.7B (+$10.1B)
21% more funds holding in top 10
Funds holding in top 10: 19 → 23 (+4)
10% more funds holding
Funds holding: 1,489 → 1,641 (+152)
3% more call options, than puts
Call options by funds: $344M | Put options by funds: $333M
0.93% more ownership
Funds ownership: 72.01% → 72.94% (+0.93%)
11% less repeat investments, than reductions
Existing positions increased: 489 | Existing positions reduced: 547
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$321M |
| 2 |
Goldman Sachs
New York
|
+$200M |
| 3 |
PCM
Palestra Capital Management
New York
|
+$177M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
+$140M |
| 5 |
Bank of New York Mellon
New York
|
+$117M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
-$549M |
| 2 |
AllianceBernstein
Nashville,
Tennessee
|
-$204M |
| 3 |
Millennium Management
New York
|
-$156M |
| 4 |
Wells Fargo
San Francisco,
California
|
-$142M |
| 5 |
Squarepoint
New York
|
-$90.5M |
NSC Hedge Fund Activity: Q4 2021 in Review
1,641 of the 6,498 institutional investors tracked by Wall St. Rank reported a position in Norfolk Southern (NSC) for Q4 2021, worth a combined $52.7B — up 24% from $42.5B a quarter earlier.
Buyers outnumbered sellers: 247 funds opened new NSC positions and 74 closed out — a net gain of 173 holders — while 489 added to existing stakes and 547 trimmed.
The largest buyer was BlackRock, adding an estimated $321M. The largest seller was JP Morgan Chase, cutting an estimated $549M.
- 1,641 institutional investors held Norfolk Southern (NSC) as of Q4 2021, up from 1,489 in Q3 2021.
- Funds reported $52.7B of Norfolk Southern stock for Q4 2021, up 24% quarter-over-quarter.
- 247 funds opened new Norfolk Southern positions in Q4 2021 and 74 closed out, a net change of +173 holders.
- The largest Norfolk Southern buyer in Q4 2021 was BlackRock, an estimated $321M added.
- The largest Norfolk Southern seller in Q4 2021 was JP Morgan Chase, an estimated $549M sold.
Based on aggregated 13F filings for Q4 2021.