Norfolk Southern
1,248 hedge funds and large institutions have $36.6B invested in Norfolk Southern in 2018 Q3 according to their latest regulatory filings, with 114 funds opening new positions, 346 increasing their positions, 507 reducing their positions, and 53 closing their positions.
432% more call options, than puts
Call options by funds: $2.45B | Put options by funds: $462M
115% more first-time investments, than exits
New positions opened: 114 | Existing positions closed: 53
26% more funds holding in top 10
Funds holding in top 10: 31 → 39 (+8)
18% more capital invested
Capital invested by funds: $31B → $36.6B (+$5.53B)
4% more funds holding
Funds holding: 1,196 → 1,248 (+52)
0.59% less ownership
Funds ownership: 73.03% → 72.44% (-0.59%)
32% less repeat investments, than reductions
Existing positions increased: 346 | Existing positions reduced: 507
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital International Investors
Los Angeles,
California
|
+$384M |
| 2 |
TCI Fund Management
London,
United Kingdom
|
+$209M |
| 3 |
Goldman Sachs
New York
|
+$200M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
+$178M |
| 5 |
Fidelity International
Hamilton,
Bermuda
|
+$142M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital World Investors
Los Angeles,
California
|
-$586M |
| 2 |
JP Morgan Chase
New York
|
-$404M |
| 3 |
SCP
Soroban Capital Partners
New York
|
-$319M |
| 4 |
Lazard Asset Management
New York
|
-$213M |
| 5 |
AllianceBernstein
Nashville,
Tennessee
|
-$157M |
NSC Hedge Fund Activity: Q3 2018 in Review
1,248 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in Norfolk Southern (NSC) for Q3 2018, worth a combined $36.6B — up 18% from $31B a quarter earlier.
Buyers outnumbered sellers: 114 funds opened new NSC positions and 53 closed out — a net gain of 61 holders — while 346 added to existing stakes and 507 trimmed.
The largest buyer was Capital International Investors, adding an estimated $384M. The largest seller was Capital World Investors, cutting an estimated $586M.
- 1,248 institutional investors held Norfolk Southern (NSC) as of Q3 2018, up from 1,196 in Q2 2018.
- Funds reported $36.6B of Norfolk Southern stock for Q3 2018, up 18% quarter-over-quarter.
- 114 funds opened new Norfolk Southern positions in Q3 2018 and 53 closed out, a net change of +61 holders.
- The largest Norfolk Southern buyer in Q3 2018 was Capital International Investors, an estimated $384M added.
- The largest Norfolk Southern seller in Q3 2018 was Capital World Investors, an estimated $586M sold.
Based on aggregated 13F filings for Q3 2018.