Norfolk Southern
1,645 hedge funds and large institutions have $50.2B invested in Norfolk Southern in 2022 Q1 according to their latest regulatory filings, with 133 funds opening new positions, 522 increasing their positions, 586 reducing their positions, and 111 closing their positions.
22% more funds holding in top 10
Funds holding in top 10: 23 → 28 (+5)
20% more first-time investments, than exits
New positions opened: 133 | Existing positions closed: 111
0.65% more ownership
Funds ownership: 72.87% → 73.52% (+0.65%)
0% more funds holding
Funds holding: 1,641 → 1,645 (+4)
3% less call options, than puts
Call options by funds: $317M | Put options by funds: $326M
5% less capital invested
Capital invested by funds: $52.7B → $50.2B (-$2.5B)
11% less repeat investments, than reductions
Existing positions increased: 522 | Existing positions reduced: 586
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
+$238M |
| 2 |
Capital International Investors
Los Angeles,
California
|
+$180M |
| 3 |
First Trust Advisors
Wheaton,
Illinois
|
+$130M |
| 4 |
State Street
Boston,
Massachusetts
|
+$115M |
| 5 |
Point72 Asset Management
Stamford,
Connecticut
|
+$112M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$547M |
| 2 |
Capital World Investors
Los Angeles,
California
|
-$418M |
| 3 |
Lazard Asset Management
New York
|
-$193M |
| 4 |
BlackRock
New York
|
-$173M |
| 5 |
Amundi
Paris,
France
|
-$126M |
NSC Hedge Fund Activity: Q1 2022 in Review
1,645 of the 6,360 institutional investors tracked by Wall St. Rank reported a position in Norfolk Southern (NSC) for Q1 2022, worth a combined $50.2B — down 4.7% from $52.7B a quarter earlier.
Buyers outnumbered sellers: 133 funds opened new NSC positions and 111 closed out — a net gain of 22 holders — while 522 added to existing stakes and 586 trimmed.
The largest buyer was Millennium Management, adding an estimated $238M. The largest seller was T. Rowe Price Associates, cutting an estimated $547M.
- 1,645 institutional investors held Norfolk Southern (NSC) as of Q1 2022, up from 1,641 in Q4 2021.
- Funds reported $50.2B of Norfolk Southern stock for Q1 2022, down 4.7% quarter-over-quarter.
- 133 funds opened new Norfolk Southern positions in Q1 2022 and 111 closed out, a net change of +22 holders.
- The largest Norfolk Southern buyer in Q1 2022 was Millennium Management, an estimated $238M added.
- The largest Norfolk Southern seller in Q1 2022 was T. Rowe Price Associates, an estimated $547M sold.
Based on aggregated 13F filings for Q1 2022.