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Norfolk Southern

1,808 hedge funds and large institutions have $49.8B invested in Norfolk Southern in 2025 Q4 according to their latest regulatory filings, with 171 funds opening new positions, 579 increasing their positions, 625 reducing their positions, and 96 closing their positions.

New
Increased
Maintained
Reduced
Closed

more first-time investments, than exits

New positions opened: | Existing positions closed:

more funds holding in top 10

Funds holding in top 10:

more ownership

Funds ownership:

more funds holding

Funds holding:

6% more call options, than puts

Call options by funds: $236M | Put options by funds: $222M

2% less capital invested

Capital invested by funds: $50.8B → $49.8B (-$952M)

7% less repeat investments, than reductions

Existing positions increased: 579 | Existing positions reduced: 625

Holders
1,808
Holders Change
Holders Change %
% of All Funds
Holding in Top 10
48
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
Increased
Reduced
Closed
Calls
$236M
Puts
$222M
Net Calls
Net Calls Change

Top Buyers

1 +$528M
2 +$436M
3 +$249M
4
Amundi
Amundi
France
+$223M
5
Balyasny Asset Management
Balyasny Asset Management
Illinois
+$166M
Name Holding Trade Value Shares
Change
Change in
Stake
DB
151
Danske Bank
Denmark
$31.4M
Pictet Asset Management
152
Pictet Asset Management
Switzerland
$31.3M
Janney Montgomery Scott
153
Janney Montgomery Scott
Pennsylvania
$30.4M
BGIM
154
Boussard & Gavaudan Investment Management
United Kingdom
$30M
Nisa Investment Advisors
155
Nisa Investment Advisors
Missouri
$29.7M
Capstone Investment Advisors
156
Capstone Investment Advisors
New York
$29.6M
CAPTRUST Financial Advisors
157
CAPTRUST Financial Advisors
North Carolina
$29.2M
Natixis Advisors
158
Natixis Advisors
Massachusetts
$28.9M
CCM
159
Cobalt Capital Management
New Jersey
$28.9M
PTPFOECYE
160
PBU - The Pension Fund of Early Childhood & Youth Educators
$28.5M
Royal London Asset Management
161
Royal London Asset Management
United Kingdom
$28.3M
GWM
162
Geneos Wealth Management
Colorado
$28.1M
Fifth Third Bancorp
163
Fifth Third Bancorp
Ohio
$27.9M
Voloridge Investment Management
164
Voloridge Investment Management
Florida
$27.4M
Treasurer of the State of North Carolina
165
Treasurer of the State of North Carolina
North Carolina
$27.3M
RCMU
166
Rokos Capital Management (UK)
United Kingdom
$27.3M
Asset Management One
167
Asset Management One
Japan
$27.2M
Allianz Asset Management
168
Allianz Asset Management
Germany
$26.8M
PAM
169
PSquared Asset Management
Switzerland
$26.6M
Mitsubishi UFJ Trust & Banking
170
Mitsubishi UFJ Trust & Banking
Japan
$26.3M
Ohio Public Employees Retirement System (OPERS)
171
Ohio Public Employees Retirement System (OPERS)
Ohio
$26.2M
GAM
172
Gotham Asset Management
New York
$26.1M
Stifel Financial
173
Stifel Financial
Missouri
$26.1M
PMAM
174
Picton Mahoney Asset Management
Ontario, Canada
$26M
WPC
175
Waters Parkerson & Co
Louisiana
$26M