Norfolk Southern
1,313 hedge funds and large institutions have $36.7B invested in Norfolk Southern in 2019 Q1 according to their latest regulatory filings, with 141 funds opening new positions, 352 increasing their positions, 553 reducing their positions, and 75 closing their positions.
88% more first-time investments, than exits
New positions opened: 141 | Existing positions closed: 75
23% more capital invested
Capital invested by funds: $29.8B → $36.7B (+$6.82B)
19% more funds holding in top 10
Funds holding in top 10: 32 → 38 (+6)
4% more funds holding
Funds holding: 1,262 → 1,313 (+51)
0.08% more ownership
Funds ownership: 73.33% → 73.41% (+0.08%)
11% less call options, than puts
Call options by funds: $330M | Put options by funds: $372M
36% less repeat investments, than reductions
Existing positions increased: 352 | Existing positions reduced: 553
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$367M |
| 2 |
Lazard Asset Management
New York
|
+$273M |
| 3 |
Capital International Investors
Los Angeles,
California
|
+$236M |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$133M |
| 5 |
Wellington Management Group
Boston,
Massachusetts
|
+$104M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
-$361M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
-$221M |
| 3 |
SCP
Soroban Capital Partners
New York
|
-$154M |
| 4 |
Capital World Investors
Los Angeles,
California
|
-$121M |
| 5 |
American Century Companies
Kansas City,
Missouri
|
-$99.6M |
NSC Hedge Fund Activity: Q1 2019 in Review
1,313 of the 4,633 institutional investors tracked by Wall St. Rank reported a position in Norfolk Southern (NSC) for Q1 2019, worth a combined $36.7B — up 23% from $29.8B a quarter earlier.
Buyers outnumbered sellers: 141 funds opened new NSC positions and 75 closed out — a net gain of 66 holders — while 352 added to existing stakes and 553 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $367M. The largest seller was BlackRock, cutting an estimated $361M.
- 1,313 institutional investors held Norfolk Southern (NSC) as of Q1 2019, up from 1,262 in Q4 2018.
- Funds reported $36.7B of Norfolk Southern stock for Q1 2019, up 23% quarter-over-quarter.
- 141 funds opened new Norfolk Southern positions in Q1 2019 and 75 closed out, a net change of +66 holders.
- The largest Norfolk Southern buyer in Q1 2019 was Fidelity Investments, an estimated $367M added.
- The largest Norfolk Southern seller in Q1 2019 was BlackRock, an estimated $361M sold.
Based on aggregated 13F filings for Q1 2019.