Norfolk Southern
1,489 hedge funds and large institutions have $42.5B invested in Norfolk Southern in 2021 Q3 according to their latest regulatory filings, with 84 funds opening new positions, 497 increasing their positions, 534 reducing their positions, and 118 closing their positions.
0.51% less ownership
Funds ownership: 72.52% → 72.01% (-0.51%)
7% less repeat investments, than reductions
Existing positions increased: 497 | Existing positions reduced: 534
9% less call options, than puts
Call options by funds: $268M | Put options by funds: $294M
3% less funds holding
Funds holding: 1,543 → 1,489 (-54)
12% less capital invested
Capital invested by funds: $48.1B → $42.5B (-$5.54B)
24% less funds holding in top 10
Funds holding in top 10: 25 → 19 (-6)
29% less first-time investments, than exits
New positions opened: 84 | Existing positions closed: 118
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$245M |
| 2 |
Lazard Asset Management
New York
|
+$188M |
| 3 |
Boston Partners
Boston,
Massachusetts
|
+$152M |
| 4 |
Voloridge Investment Management
Jupiter,
Florida
|
+$88M |
| 5 |
Bank of New York Mellon
New York
|
+$82.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
-$322M |
| 2 |
PCM
Palestra Capital Management
New York
|
-$218M |
| 3 |
BlackRock
New York
|
-$199M |
| 4 |
Northern Trust
Chicago,
Illinois
|
-$157M |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
-$145M |
NSC Hedge Fund Activity: Q3 2021 in Review
1,489 of the 5,712 institutional investors tracked by Wall St. Rank reported a position in Norfolk Southern (NSC) for Q3 2021, worth a combined $42.5B — down 12% from $48.1B a quarter earlier.
Sellers outnumbered buyers: 118 funds closed out of NSC and 84 opened new positions — a net loss of 34 holders — while 534 trimmed existing stakes and 497 added.
The largest buyer was Bank of America, adding an estimated $245M. The largest seller was JP Morgan Chase, cutting an estimated $322M.
- 1,489 institutional investors held Norfolk Southern (NSC) as of Q3 2021, down from 1,543 in Q2 2021.
- Funds reported $42.5B of Norfolk Southern stock for Q3 2021, down 12% quarter-over-quarter.
- 84 funds opened new Norfolk Southern positions in Q3 2021 and 118 closed out, a net change of -34 holders.
- The largest Norfolk Southern buyer in Q3 2021 was Bank of America, an estimated $245M added.
- The largest Norfolk Southern seller in Q3 2021 was JP Morgan Chase, an estimated $322M sold.
Based on aggregated 13F filings for Q3 2021.