Norfolk Southern
1,149 hedge funds and large institutions have $29.9B invested in Norfolk Southern in 2017 Q4 according to their latest regulatory filings, with 138 funds opening new positions, 325 increasing their positions, 450 reducing their positions, and 47 closing their positions.
603% more call options, than puts
Call options by funds: $2.57B | Put options by funds: $365M
194% more first-time investments, than exits
New positions opened: 138 | Existing positions closed: 47
28% more funds holding in top 10
Funds holding in top 10: 18 → 23 (+5)
8% more funds holding
Funds holding: 1,066 → 1,149 (+83)
8% more capital invested
Capital invested by funds: $27.8B → $29.9B (+$2.15B)
0.82% less ownership
Funds ownership: 72.89% → 72.07% (-0.82%)
28% less repeat investments, than reductions
Existing positions increased: 325 | Existing positions reduced: 450
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
+$206M |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$138M |
| 3 |
American Century Companies
Kansas City,
Missouri
|
+$91.7M |
| 4 |
Citigroup
New York
|
+$88.8M |
| 5 |
SCM
Suvretta Capital Management
New York
|
+$88.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$792M |
| 2 |
Lazard Asset Management
New York
|
-$152M |
| 3 |
SCM
Steadfast Capital Management
New York
|
-$130M |
| 4 |
Barrow, Hanley, Mewhinney & Strauss
Dallas,
Texas
|
-$61.2M |
| 5 |
Robeco Institutional Asset Management
Rotterdam,
Netherlands
|
-$57.6M |
NSC Hedge Fund Activity: Q4 2017 in Review
1,149 of the 4,419 institutional investors tracked by Wall St. Rank reported a position in Norfolk Southern (NSC) for Q4 2017, worth a combined $29.9B — up 7.7% from $27.8B a quarter earlier.
Buyers outnumbered sellers: 138 funds opened new NSC positions and 47 closed out — a net gain of 91 holders — while 325 added to existing stakes and 450 trimmed.
The largest buyer was JP Morgan Chase, adding an estimated $206M. The largest seller was Bank of America, cutting an estimated $792M.
- 1,149 institutional investors held Norfolk Southern (NSC) as of Q4 2017, up from 1,066 in Q3 2017.
- Funds reported $29.9B of Norfolk Southern stock for Q4 2017, up 7.7% quarter-over-quarter.
- 138 funds opened new Norfolk Southern positions in Q4 2017 and 47 closed out, a net change of +91 holders.
- The largest Norfolk Southern buyer in Q4 2017 was JP Morgan Chase, an estimated $206M added.
- The largest Norfolk Southern seller in Q4 2017 was Bank of America, an estimated $792M sold.
Based on aggregated 13F filings for Q4 2017.