Norfolk Southern
NSC
1,196 hedge funds and large institutions have $31.1B invested in Norfolk Southern in 2018 Q2 according to their latest regulatory filings, with 98 funds opening new positions, 339 increasing their positions, 492 reducing their positions, and 58 closing their positions.
592% more call options, than puts
Call options by funds: $1.51B | Put options by funds: $218M
69% more first-time investments, than exits
New positions opened: 98 | Existing positions closed: 58
35% more funds holding in top 10
Funds holding in top 10: 23 → 31 (+8)
10% more capital invested
Capital invested by funds: $28.3B → $31.1B (+$2.8B)
3% more funds holding
Funds holding: 1,166 → 1,196 (+30)
0.63% less ownership
Funds ownership: 73.54% → 72.91% (-0.63%)
31% less repeat investments, than reductions
Existing positions increased: 339 | Existing positions reduced: 492
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TCI Fund Management
London,
United Kingdom
|
+$283M |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$180M |
| 3 |
SCP
Soroban Capital Partners
New York
|
+$176M |
| 4 |
JP Morgan Chase
New York
|
+$146M |
| 5 |
PCM
Palestra Capital Management
New York
|
+$90.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital World Investors
Los Angeles,
California
|
-$168M |
| 2 |
Barrow, Hanley, Mewhinney & Strauss
Dallas,
Texas
|
-$153M |
| 3 |
AllianceBernstein
Nashville,
Tennessee
|
-$150M |
| 4 |
BlackRock
New York
|
-$130M |
| 5 |
PI
Putnam Investments
Boston,
Massachusetts
|
-$114M |
NSC Hedge Fund Activity: Q2 2018 in Review
1,196 of the 4,385 institutional investors tracked by Wall St. Rank reported a position in Norfolk Southern (NSC) for Q2 2018, worth a combined $31.1B — up 9.9% from $28.3B a quarter earlier.
Buyers outnumbered sellers: 98 funds opened new NSC positions and 58 closed out — a net gain of 40 holders — while 339 added to existing stakes and 492 trimmed.
The largest buyer was TCI Fund Management, adding an estimated $283M. The largest seller was Capital World Investors, cutting an estimated $168M.
- 1,196 institutional investors held Norfolk Southern (NSC) as of Q2 2018, up from 1,166 in Q1 2018.
- Funds reported $31.1B of Norfolk Southern stock for Q2 2018, up 9.9% quarter-over-quarter.
- 98 funds opened new Norfolk Southern positions in Q2 2018 and 58 closed out, a net change of +40 holders.
- The largest Norfolk Southern buyer in Q2 2018 was TCI Fund Management, an estimated $283M added.
- The largest Norfolk Southern seller in Q2 2018 was Capital World Investors, an estimated $168M sold.
Based on aggregated 13F filings for Q2 2018.