Norfolk Southern
1,293 hedge funds and large institutions have $34.1B invested in Norfolk Southern in 2019 Q3 according to their latest regulatory filings, with 84 funds opening new positions, 418 increasing their positions, 509 reducing their positions, and 116 closing their positions.
15% more call options, than puts
Call options by funds: $302M | Put options by funds: $263M
0.97% less ownership
Funds ownership: 72.92% → 71.95% (-0.97%)
3% less funds holding
Funds holding: 1,336 → 1,293 (-43)
12% less capital invested
Capital invested by funds: $38.6B → $34.1B (-$4.52B)
16% less funds holding in top 10
Funds holding in top 10: 38 → 32 (-6)
18% less repeat investments, than reductions
Existing positions increased: 418 | Existing positions reduced: 509
28% less first-time investments, than exits
New positions opened: 84 | Existing positions closed: 116
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital World Investors
Los Angeles,
California
|
+$563M |
| 2 |
SCP
Soroban Capital Partners
New York
|
+$258M |
| 3 |
Lazard Asset Management
New York
|
+$217M |
| 4 |
Mitsubishi UFJ Trust & Banking
Tokyo,
Japan
|
+$193M |
| 5 |
JP Morgan Chase
New York
|
+$143M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$1.09B |
| 2 |
Goldman Sachs
New York
|
-$204M |
| 3 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
-$102M |
| 4 |
Schroder Investment Management Group
London,
United Kingdom
|
-$100M |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$97.4M |
NSC Hedge Fund Activity: Q3 2019 in Review
1,293 of the 4,574 institutional investors tracked by Wall St. Rank reported a position in Norfolk Southern (NSC) for Q3 2019, worth a combined $34.1B — down 12% from $38.6B a quarter earlier.
Sellers outnumbered buyers: 116 funds closed out of NSC and 84 opened new positions — a net loss of 32 holders — while 509 trimmed existing stakes and 418 added.
The largest buyer was Capital World Investors, adding an estimated $563M. The largest seller was Fidelity Investments, cutting an estimated $1.09B.
- 1,293 institutional investors held Norfolk Southern (NSC) as of Q3 2019, down from 1,336 in Q2 2019.
- Funds reported $34.1B of Norfolk Southern stock for Q3 2019, down 12% quarter-over-quarter.
- 84 funds opened new Norfolk Southern positions in Q3 2019 and 116 closed out, a net change of -32 holders.
- The largest Norfolk Southern buyer in Q3 2019 was Capital World Investors, an estimated $563M added.
- The largest Norfolk Southern seller in Q3 2019 was Fidelity Investments, an estimated $1.09B sold.
Based on aggregated 13F filings for Q3 2019.