Norfolk Southern
NSC
1,544 hedge funds and large institutions have $48.1B invested in Norfolk Southern in 2021 Q2 according to their latest regulatory filings, with 118 funds opening new positions, 486 increasing their positions, 534 reducing their positions, and 66 closing their positions.
79% more first-time investments, than exits
New positions opened: 118 | Existing positions closed: 66
23% more call options, than puts
Call options by funds: $367M | Put options by funds: $298M
2% more funds holding
Funds holding: 1,513 → 1,544 (+31)
0% more funds holding in top 10
Funds holding in top 10: 25 → 25 (0)
0.93% less ownership
Funds ownership: 73.45% → 72.52% (-0.93%)
3% less capital invested
Capital invested by funds: $49.7B → $48.1B (-$1.51B)
9% less repeat investments, than reductions
Existing positions increased: 486 | Existing positions reduced: 534
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Two Sigma Investments
New York
|
+$187M |
| 2 |
Millennium Management
New York
|
+$117M |
| 3 |
D.E. Shaw & Co
New York
|
+$113M |
| 4 |
PCM
Palestra Capital Management
New York
|
+$97.4M |
| 5 |
SIG
Senator Investment Group
New York
|
+$89.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$574M |
| 2 |
Lazard Asset Management
New York
|
-$325M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
-$253M |
| 4 |
Capital International Investors
Los Angeles,
California
|
-$232M |
| 5 |
Artisan Partners
Milwaukee,
Wisconsin
|
-$139M |
NSC Hedge Fund Activity: Q2 2021 in Review
1,544 of the 5,767 institutional investors tracked by Wall St. Rank reported a position in Norfolk Southern (NSC) for Q2 2021, worth a combined $48.1B — down 3% from $49.7B a quarter earlier.
Buyers outnumbered sellers: 118 funds opened new NSC positions and 66 closed out — a net gain of 52 holders — while 486 added to existing stakes and 534 trimmed.
The largest buyer was Two Sigma Investments, adding an estimated $187M. The largest seller was T. Rowe Price Associates, cutting an estimated $574M.
- 1,544 institutional investors held Norfolk Southern (NSC) as of Q2 2021, up from 1,513 in Q1 2021.
- Funds reported $48.1B of Norfolk Southern stock for Q2 2021, down 3% quarter-over-quarter.
- 118 funds opened new Norfolk Southern positions in Q2 2021 and 66 closed out, a net change of +52 holders.
- The largest Norfolk Southern buyer in Q2 2021 was Two Sigma Investments, an estimated $187M added.
- The largest Norfolk Southern seller in Q2 2021 was T. Rowe Price Associates, an estimated $574M sold.
Based on aggregated 13F filings for Q2 2021.