Norfolk Southern
1,683 hedge funds and large institutions have $43.1B invested in Norfolk Southern in 2024 Q4 according to their latest regulatory filings, with 201 funds opening new positions, 517 increasing their positions, 584 reducing their positions, and 96 closing their positions.
109% more first-time investments, than exits
New positions opened: 201 | Existing positions closed: 96
100% more call options, than puts
Call options by funds: $355M | Put options by funds: $178M
5% more funds holding
Funds holding: 1,607 → 1,683 (+76)
1.04% more ownership
Funds ownership: 76.09% → 77.13% (+1%)
2% more capital invested
Capital invested by funds: $42.4B → $43.1B (+$665M)
11% less repeat investments, than reductions
Existing positions increased: 517 | Existing positions reduced: 584
25% less funds holding in top 10
Funds holding in top 10: 16 → 12 (-4)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$234M |
| 2 |
Neuberger Berman Group
New York
|
+$167M |
| 3 |
Boston Partners
Boston,
Massachusetts
|
+$148M |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$140M |
| 5 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
+$127M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Lazard Asset Management
New York
|
-$328M |
| 2 |
PFA
Pathway Financial Advisers
Auburn,
Indiana
|
-$226M |
| 3 |
Wells Fargo
San Francisco,
California
|
-$193M |
| 4 |
Marshall Wace
London,
United Kingdom
|
-$111M |
| 5 |
IP
Interval Partners
New York
|
-$108M |
NSC Hedge Fund Activity: Q4 2024 in Review
1,683 of the 7,592 institutional investors tracked by Wall St. Rank reported a position in Norfolk Southern (NSC) for Q4 2024, worth a combined $43.1B — up 1.6% from $42.4B a quarter earlier.
Buyers outnumbered sellers: 201 funds opened new NSC positions and 96 closed out — a net gain of 105 holders — while 517 added to existing stakes and 584 trimmed.
The largest buyer was T. Rowe Price Associates, adding an estimated $234M. The largest seller was Lazard Asset Management, cutting an estimated $328M.
- 1,683 institutional investors held Norfolk Southern (NSC) as of Q4 2024, up from 1,607 in Q3 2024.
- Funds reported $43.1B of Norfolk Southern stock for Q4 2024, up 1.6% quarter-over-quarter.
- 201 funds opened new Norfolk Southern positions in Q4 2024 and 96 closed out, a net change of +105 holders.
- The largest Norfolk Southern buyer in Q4 2024 was T. Rowe Price Associates, an estimated $234M added.
- The largest Norfolk Southern seller in Q4 2024 was Lazard Asset Management, an estimated $328M sold.
Based on aggregated 13F filings for Q4 2024.