Norfolk Southern
950 hedge funds and large institutions have $17.2B invested in Norfolk Southern in 2016 Q2 according to their latest regulatory filings, with 80 funds opening new positions, 308 increasing their positions, 369 reducing their positions, and 53 closing their positions.
51% more first-time investments, than exits
New positions opened: 80 | Existing positions closed: 53
4.31% more ownership
Funds ownership: 64.2% → 68.51% (+4.3%)
2% more funds holding
Funds holding: 930 → 950 (+20)
2% more capital invested
Capital invested by funds: $16.9B → $17.2B (+$332M)
11% less call options, than puts
Call options by funds: $118M | Put options by funds: $132M
17% less repeat investments, than reductions
Existing positions increased: 308 | Existing positions reduced: 369
22% less funds holding in top 10
Funds holding in top 10: 9 → 7 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$136M |
| 2 |
Bank of New York Mellon
New York
|
+$80.9M |
| 3 |
Renaissance Technologies
New York
|
+$59.6M |
| 4 |
American Century Companies
Kansas City,
Missouri
|
+$58.5M |
| 5 |
Wells Fargo
San Francisco,
California
|
+$58.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital Research Global Investors
Los Angeles,
California
|
-$416M |
| 2 |
Balyasny Asset Management
Chicago,
Illinois
|
-$127M |
| 3 |
LM
Luminus Management
Houston,
Texas
|
-$51.6M |
| 4 |
Wellington Management Group
Boston,
Massachusetts
|
-$49.1M |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$47.7M |
NSC Hedge Fund Activity: Q2 2016 in Review
950 of the 3,756 institutional investors tracked by Wall St. Rank reported a position in Norfolk Southern (NSC) for Q2 2016, worth a combined $17.2B — up 2% from $16.9B a quarter earlier.
Buyers outnumbered sellers: 80 funds opened new NSC positions and 53 closed out — a net gain of 27 holders — while 308 added to existing stakes and 369 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $136M. The largest seller was Capital Research Global Investors, cutting an estimated $416M.
- 950 institutional investors held Norfolk Southern (NSC) as of Q2 2016, up from 930 in Q1 2016.
- Funds reported $17.2B of Norfolk Southern stock for Q2 2016, up 2% quarter-over-quarter.
- 80 funds opened new Norfolk Southern positions in Q2 2016 and 53 closed out, a net change of +27 holders.
- The largest Norfolk Southern buyer in Q2 2016 was Fidelity Investments, an estimated $136M added.
- The largest Norfolk Southern seller in Q2 2016 was Capital Research Global Investors, an estimated $416M sold.
Based on aggregated 13F filings for Q2 2016.