Norfolk Southern
NSC
957 hedge funds and large institutions have $19.8B invested in Norfolk Southern in 2016 Q3 according to their latest regulatory filings, with 72 funds opening new positions, 279 increasing their positions, 376 reducing their positions, and 53 closing their positions.
71% more funds holding in top 10
Funds holding in top 10: 7 → 12 (+5)
36% more first-time investments, than exits
New positions opened: 72 | Existing positions closed: 53
16% more call options, than puts
Call options by funds: $180M | Put options by funds: $155M
15% more capital invested
Capital invested by funds: $17.2B → $19.8B (+$2.57B)
1.13% more ownership
Funds ownership: 68.51% → 69.63% (+1.1%)
1% more funds holding
Funds holding: 950 → 957 (+7)
26% less repeat investments, than reductions
Existing positions increased: 279 | Existing positions reduced: 376
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$162M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$128M |
| 3 |
LM
Luminus Management
Houston,
Texas
|
+$118M |
| 4 |
AIM
abrdn Investment Management
Edinburgh,
United Kingdom
|
+$59.3M |
| 5 |
AQR Capital Management
Greenwich,
Connecticut
|
+$53.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital Research Global Investors
Los Angeles,
California
|
-$322M |
| 2 |
Millennium Management
New York
|
-$75.5M |
| 3 |
Renaissance Technologies
New York
|
-$59.7M |
| 4 |
D.E. Shaw & Co
New York
|
-$41.1M |
| 5 |
CANY
Caxton Associates (New York)
New York
|
-$29.8M |
NSC Hedge Fund Activity: Q3 2016 in Review
957 of the 3,759 institutional investors tracked by Wall St. Rank reported a position in Norfolk Southern (NSC) for Q3 2016, worth a combined $19.8B — up 15% from $17.2B a quarter earlier.
Buyers outnumbered sellers: 72 funds opened new NSC positions and 53 closed out — a net gain of 19 holders — while 279 added to existing stakes and 376 trimmed.
The largest buyer was T. Rowe Price Associates, adding an estimated $162M. The largest seller was Capital Research Global Investors, cutting an estimated $322M.
- 957 institutional investors held Norfolk Southern (NSC) as of Q3 2016, up from 950 in Q2 2016.
- Funds reported $19.8B of Norfolk Southern stock for Q3 2016, up 15% quarter-over-quarter.
- 72 funds opened new Norfolk Southern positions in Q3 2016 and 53 closed out, a net change of +19 holders.
- The largest Norfolk Southern buyer in Q3 2016 was T. Rowe Price Associates, an estimated $162M added.
- The largest Norfolk Southern seller in Q3 2016 was Capital Research Global Investors, an estimated $322M sold.
Based on aggregated 13F filings for Q3 2016.