Norfolk Southern
NSC
1,565 hedge funds and large institutions have $36.7B invested in Norfolk Southern in 2024 Q2 according to their latest regulatory filings, with 115 funds opening new positions, 523 increasing their positions, 560 reducing their positions, and 153 closing their positions.
21% more capital inflows, than outflows
Capital inflows: $3.07B | Capital outflows: $2.54B
16% more call options, than puts
Call options by funds: $202M | Put options by funds: $174M
0.71% more ownership
Funds ownership: 75.05% → 75.77% (+0.71%)
7% less repeat investments, than reductions
Existing positions increased: 523 | Existing positions reduced: 560
4% less funds holding
Funds holding: 1,630 → 1,565 (-65)
25% less first-time investments, than exits
New positions opened: 115 | Existing positions closed: 153
28% less funds holding in top 10
Funds holding in top 10: 18 → 13 (-5)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Dodge & Cox
San Francisco,
California
|
+$619M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$192M |
| 3 |
Lazard Asset Management
New York
|
+$165M |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$141M |
| 5 |
Invesco
Atlanta,
Georgia
|
+$119M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
-$345M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$209M |
| 3 |
Point72 Asset Management
Stamford,
Connecticut
|
-$187M |
| 4 |
Balyasny Asset Management
Chicago,
Illinois
|
-$169M |
| 5 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
-$121M |
NSC Hedge Fund Activity: Q2 2024 in Review
1,565 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Norfolk Southern (NSC) for Q2 2024, worth a combined $36.7B — down 15% from $43.2B a quarter earlier.
Sellers outnumbered buyers: 153 funds closed out of NSC and 115 opened new positions — a net loss of 38 holders — while 560 trimmed existing stakes and 523 added.
The largest buyer was Dodge & Cox, adding an estimated $619M. The largest seller was JP Morgan Chase, cutting an estimated $345M.
- 1,565 institutional investors held Norfolk Southern (NSC) as of Q2 2024, down from 1,630 in Q1 2024.
- Funds reported $36.7B of Norfolk Southern stock for Q2 2024, down 15% quarter-over-quarter.
- 115 funds opened new Norfolk Southern positions in Q2 2024 and 153 closed out, a net change of -38 holders.
- The largest Norfolk Southern buyer in Q2 2024 was Dodge & Cox, an estimated $619M added.
- The largest Norfolk Southern seller in Q2 2024 was JP Morgan Chase, an estimated $345M sold.
Based on aggregated 13F filings for Q2 2024.