Norfolk Southern
NSC
1,015 hedge funds and large institutions have $22.6B invested in Norfolk Southern in 2014 Q3 according to their latest regulatory filings, with 69 funds opening new positions, 332 increasing their positions, 402 reducing their positions, and 58 closing their positions.
70% more call options, than puts
Call options by funds: $273M | Put options by funds: $160M
19% more first-time investments, than exits
New positions opened: 69 | Existing positions closed: 58
11% more funds holding in top 10
Funds holding in top 10: 27 → 30 (+3)
9% more capital invested
Capital invested by funds: $20.8B → $22.6B (+$1.87B)
0.47% more ownership
Funds ownership: 65.07% → 65.54% (+0.47%)
0% more funds holding
Funds holding: 1,012 → 1,015 (+3)
17% less repeat investments, than reductions
Existing positions increased: 332 | Existing positions reduced: 402
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
+$262M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$171M |
| 3 |
First Eagle Investment Management
New York
|
+$156M |
| 4 |
Nordea Investment Management
Stockholm,
Sweden
|
+$67.5M |
| 5 |
Balyasny Asset Management
Chicago,
Illinois
|
+$66.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$197M |
| 2 |
Norges Bank
Oslo,
Norway
|
-$178M |
| 3 |
CGI
CI Global Investments
Oakland,
California
|
-$108M |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$83.3M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$81.3M |
NSC Hedge Fund Activity: Q3 2014 in Review
1,015 of the 3,455 institutional investors tracked by Wall St. Rank reported a position in Norfolk Southern (NSC) for Q3 2014, worth a combined $22.6B — up 9% from $20.8B a quarter earlier.
Buyers outnumbered sellers: 69 funds opened new NSC positions and 58 closed out — a net gain of 11 holders — while 332 added to existing stakes and 402 trimmed.
The largest buyer was Wellington Management Group, adding an estimated $262M. The largest seller was T. Rowe Price Associates, cutting an estimated $197M.
- 1,015 institutional investors held Norfolk Southern (NSC) as of Q3 2014, up from 1,012 in Q2 2014.
- Funds reported $22.6B of Norfolk Southern stock for Q3 2014, up 9% quarter-over-quarter.
- 69 funds opened new Norfolk Southern positions in Q3 2014 and 58 closed out, a net change of +11 holders.
- The largest Norfolk Southern buyer in Q3 2014 was Wellington Management Group, an estimated $262M added.
- The largest Norfolk Southern seller in Q3 2014 was T. Rowe Price Associates, an estimated $197M sold.
Based on aggregated 13F filings for Q3 2014.