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Norfolk Southern

909 hedge funds and large institutions have $15.7B invested in Norfolk Southern in 2015 Q3 according to their latest regulatory filings, with 53 funds opening new positions, 319 increasing their positions, 349 reducing their positions, and 94 closing their positions.

New
Increased
Maintained
Reduced
Closed

17% more call options, than puts

Call options by funds: $160M | Put options by funds: $137M

0.61% more ownership

Funds ownership: 67.84%68.44% (+0.61%)

0% more funds holding in top 10

Funds holding in top 10: 1212 (0)

9% less repeat investments, than reductions

Existing positions increased: 319 | Existing positions reduced: 349

5% less funds holding

Funds holding: 956909 (-47)

13% less capital invested

Capital invested by funds: $18B → $15.7B (-$2.32B)

44% less first-time investments, than exits

New positions opened: 53 | Existing positions closed: 94

Holders
909
Holders Change
-47
Holders Change %
-4.92%
% of All Funds
25.38%
Holding in Top 10
12
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.34%
New
53
Increased
319
Reduced
349
Closed
94
Calls
$160M
Puts
$137M
Net Calls
+$23M
Net Calls Change
+$3.22M
Name Holding Trade Value Shares
Change
Change in
Stake
CCM
151
Cadence Capital Management
Massachusetts
$9.74M +$2.68M +32,970 +35%
GT
152
Glenmede Trust
Pennsylvania
$9.48M +$1.36M +16,704 +16%
Franklin Resources
153
Franklin Resources
California
$9.4M +$19.3K +238 +0.2%
AG
154
Aperio Group
California
$9.36M +$1.32M +16,300 +15%
LSV Asset Management
155
LSV Asset Management
Illinois
$9.21M -$2.21M -27,200 -18%
PCA
156
Personal Capital Advisors
California
$9.16M +$707K +8,700 +8%
FQ
157
First Quadrant
California
$9.15M
ASRS
158
Arizona State Retirement System
Arizona
$9.07M +$9.65M +118,743 New
Nisa Investment Advisors
159
Nisa Investment Advisors
Missouri
$8.96M -$73.1K -900 -0.8%
RFC
160
Regions Financial Corp
Alabama
$8.95M -$1.35M -16,633 -12%
Marshall Wace
161
Marshall Wace
United Kingdom
$8.94M +$4.11M +50,585 +76%
BC
162
Bartlett & Co
Ohio
$8.85M -$11.5K -142 -0.1%
SYBT
163
Stock Yards Bank & Trust
Kentucky
$8.77M -$183K -2,258 -2%
RCYC
164
Richard C. Young & Co
Rhode Island
$8.5M -$201K -2,479 -2%
JMPWA
165
JP Morgan Private Wealth Advisors
California
$8.48M -$1.84M -22,605 -17%
SOMRS
166
State of Michigan Retirement System
Michigan
$8.31M -$764K -9,400 -8%
DC
167
Davenport & Co
Virginia
$8.21M -$1.92M -23,654 -18%
TPSF
168
Texas Permanent School Fund
Texas
$8.21M -$286K -3,516 -3%
GIA
169
Gateway Investment Advisers
Ohio
$8.07M +$530K +6,525 +7%
ECM
170
Estabrook Capital Management
New York
$7.94M -$640K -7,873 -7%
MRCM
171
M&R Capital Management
New Jersey
$7.73M -$288K -3,546 -3%
Asset Management One
172
Asset Management One
Japan
$7.51M +$2.03M +24,979 +34%
OTPPB
173
Ontario Teachers' Pension Plan Board
Ontario, Canada
$7.28M -$3.21M -39,555 -29%
LBC
174
Lowe Brockenbrough & Co
Virginia
$7.28M +$127K +1,566 +2%
WT
175
Whittier Trust
California
$7.08M -$431K -5,310 -5%

NSC Hedge Fund Activity: Q3 2015 in Review

909 of the 3,582 institutional investors tracked by Wall St. Rank reported a position in Norfolk Southern (NSC) for Q3 2015, worth a combined $15.7B — down 13% from $18B a quarter earlier.

Sellers outnumbered buyers: 94 funds closed out of NSC and 53 opened new positions — a net loss of 41 holders — while 349 trimmed existing stakes and 319 added.

The largest buyer was London Company of Virginia, adding an estimated $200M. The largest seller was Janus Henderson Investors US, cutting an estimated $88.3M.

  • 909 institutional investors held Norfolk Southern (NSC) as of Q3 2015, down from 956 in Q2 2015.
  • Funds reported $15.7B of Norfolk Southern stock for Q3 2015, down 13% quarter-over-quarter.
  • 53 funds opened new Norfolk Southern positions in Q3 2015 and 94 closed out, a net change of -41 holders.
  • The largest Norfolk Southern buyer in Q3 2015 was London Company of Virginia, an estimated $200M added.
  • The largest Norfolk Southern seller in Q3 2015 was Janus Henderson Investors US, an estimated $88.3M sold.

Based on aggregated 13F filings for Q3 2015.