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Norfolk Southern

977 hedge funds and large institutions have $19.6B invested in Norfolk Southern in 2014 Q1 according to their latest regulatory filings, with 79 funds opening new positions, 320 increasing their positions, 381 reducing their positions, and 46 closing their positions.

New
Increased
Maintained
Reduced
Closed

72% more first-time investments, than exits

New positions opened: 79 | Existing positions closed: 46

34% more call options, than puts

Call options by funds: $212M | Put options by funds: $158M

29% more funds holding in top 10

Funds holding in top 10: 2127 (+6)

6% more capital invested

Capital invested by funds: $18.5B → $19.6B (+$1.11B)

2% more funds holding

Funds holding: 957977 (+20)

3.68% less ownership

Funds ownership: 64.59%60.91% (-3.7%)

16% less repeat investments, than reductions

Existing positions increased: 320 | Existing positions reduced: 381

Holders
977
Holders Change
+20
Holders Change %
+2.09%
% of All Funds
28.22%
Holding in Top 10
27
Holding in Top 10 Change
+6
Holding in Top 10 Change %
+28.57%
% of All Funds
0.78%
New
79
Increased
320
Reduced
381
Closed
46
Calls
$212M
Puts
$158M
Net Calls
+$53.2M
Net Calls Change
-$227M
Name Holding Trade Value Shares
Change
Change in
Stake
WCM
151
Winton Capital Management
United Kingdom
$15.8M +$14.2M +153,369 +1,757%
First Trust Advisors
152
First Trust Advisors
Illinois
$15.5M -$4.26M -45,962 -22%
BNP Paribas Financial Markets
153
BNP Paribas Financial Markets
France
$15.5M -$649K -6,993 -4%
NRS
154
Neville Rodie & Shaw
New York
$15.4M -$198K -2,140 -1%
GT
155
Greenleaf Trust
Michigan
$15.4M -$196K -2,108 -1%
PP
156
Palladium Partners
Virginia
$15.3M -$115K -1,235 -0.8%
DC
157
Davenport & Co
Virginia
$15.2M -$418K -4,508 -3%
RI
158
Redwood Investments
Massachusetts
$15.1M +$14.1M +152,464 +5,082%
TG
159
TCW Group
California
$15M +$97.4K +1,050 +0.7%
BGIM
160
Brandywine Global Investment Management
Pennsylvania
$14.5M +$75.1K +810 +0.5%
JHIU
161
Janus Henderson Investors US
Colorado
$14.3M +$7.26M +78,300 +113%
STCG
162
Speece Thorson Capital Group
Minnesota
$14.3M -$1.76M -18,940 -11%
PAM
163
Panagora Asset Management
Massachusetts
$14.2M -$9.77M -105,331 -42%
JAM
164
JCIC Asset Management
Ontario, Canada
$14.2M +$1.14M +12,240 +9%
VRS
165
Virginia Retirement Systems
Virginia
$14M +$213K +2,300 +2%
JMPWA
166
JP Morgan Private Wealth Advisors
California
$13.8M +$2.23M +24,089 +20%
Citigroup
167
Citigroup
New York
$13.4M -$4.6M -49,553 -26%
TPSF
168
Texas Permanent School Fund
Texas
$13.2M -$661K -7,125 -5%
COPM
169
Charter Oak Partners Management
Connecticut
$13.1M +$7.36M +79,391 +142%
WT
170
Wilmington Trust
Delaware
$13.1M +$14.7K +159 +0.1%
FGP
171
Foyston, Gordon, & Payne
Ontario, Canada
$12.7M -$533K -5,747 -4%
CI
172
Cincinnati Insurance
Ohio
$12.6M
Nisa Investment Advisors
173
Nisa Investment Advisors
Missouri
$12.6M -$343K -3,700 -3%
BC
174
Bartlett & Co
Ohio
$12.6M -$115K -1,243 -1%
ASRS
175
Arizona State Retirement System
Arizona
$12.5M -$529K -5,700 -4%

NSC Hedge Fund Activity: Q1 2014 in Review

977 of the 3,462 institutional investors tracked by Wall St. Rank reported a position in Norfolk Southern (NSC) for Q1 2014, worth a combined $19.6B — up 6% from $18.5B a quarter earlier.

Buyers outnumbered sellers: 79 funds opened new NSC positions and 46 closed out — a net gain of 33 holders — while 320 added to existing stakes and 381 trimmed.

The largest buyer was Bank of America, adding an estimated $388M. The largest seller was Cambiar Investors, exiting entirely with an estimated $104M sold.

  • 977 institutional investors held Norfolk Southern (NSC) as of Q1 2014, up from 957 in Q4 2013.
  • Funds reported $19.6B of Norfolk Southern stock for Q1 2014, up 6% quarter-over-quarter.
  • 79 funds opened new Norfolk Southern positions in Q1 2014 and 46 closed out, a net change of +33 holders.
  • The largest Norfolk Southern buyer in Q1 2014 was Bank of America, an estimated $388M added.
  • The largest Norfolk Southern seller in Q1 2014 was Cambiar Investors, an estimated $104M sold.

Based on aggregated 13F filings for Q1 2014.