Norfolk Southern
956 hedge funds and large institutions have $18B invested in Norfolk Southern in 2015 Q2 according to their latest regulatory filings, with 63 funds opening new positions, 293 increasing their positions, 419 reducing their positions, and 91 closing their positions.
3.23% more ownership
Funds ownership: 64.61% → 67.84% (+3.2%)
9% more call options, than puts
Call options by funds: $231M | Put options by funds: $211M
4% less funds holding
Funds holding: 997 → 956 (-41)
17% less capital invested
Capital invested by funds: $21.8B → $18B (-$3.71B)
30% less repeat investments, than reductions
Existing positions increased: 293 | Existing positions reduced: 419
31% less first-time investments, than exits
New positions opened: 63 | Existing positions closed: 91
45% less funds holding in top 10
Funds holding in top 10: 22 → 12 (-10)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital Research Global Investors
Los Angeles,
California
|
+$992M |
| 2 |
Lazard Asset Management
New York
|
+$91.8M |
| 3 |
Two Sigma Investments
New York
|
+$90.4M |
| 4 |
MNA
Manning & Napier Advisors
Fairport,
New York
|
+$70.9M |
| 5 |
Two Sigma Advisers
New York
|
+$51.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
-$296M |
| 2 |
Allianz Asset Management
Munich,
Germany
|
-$288M |
| 3 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$185M |
| 4 |
Wells Fargo
San Francisco,
California
|
-$106M |
| 5 |
State Street
Boston,
Massachusetts
|
-$68.9M |
NSC Hedge Fund Activity: Q2 2015 in Review
956 of the 3,712 institutional investors tracked by Wall St. Rank reported a position in Norfolk Southern (NSC) for Q2 2015, worth a combined $18B — down 17% from $21.8B a quarter earlier.
Sellers outnumbered buyers: 91 funds closed out of NSC and 63 opened new positions — a net loss of 28 holders — while 419 trimmed existing stakes and 293 added.
The largest buyer was Capital Research Global Investors, adding an estimated $992M. The largest seller was Wellington Management Group, cutting an estimated $296M.
- 956 institutional investors held Norfolk Southern (NSC) as of Q2 2015, down from 997 in Q1 2015.
- Funds reported $18B of Norfolk Southern stock for Q2 2015, down 17% quarter-over-quarter.
- 63 funds opened new Norfolk Southern positions in Q2 2015 and 91 closed out, a net change of -28 holders.
- The largest Norfolk Southern buyer in Q2 2015 was Capital Research Global Investors, an estimated $992M added.
- The largest Norfolk Southern seller in Q2 2015 was Wellington Management Group, an estimated $296M sold.
Based on aggregated 13F filings for Q2 2015.