Norfolk Southern
1,610 hedge funds and large institutions have $42.4B invested in Norfolk Southern in 2024 Q3 according to their latest regulatory filings, with 164 funds opening new positions, 480 increasing their positions, 600 reducing their positions, and 100 closing their positions.
64% more first-time investments, than exits
New positions opened: 164 | Existing positions closed: 100
41% more call options, than puts
Call options by funds: $236M | Put options by funds: $168M
23% more funds holding in top 10
Funds holding in top 10: 13 → 16 (+3)
3% more funds holding
Funds holding: 1,565 → 1,610 (+45)
1% more capital inflows, than outflows
Capital inflows: $2.39B | Capital outflows: $2.36B
0.22% less ownership
Funds ownership: 75.77% → 75.55% (-0.22%)
20% less repeat investments, than reductions
Existing positions increased: 480 | Existing positions reduced: 600
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$368M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$211M |
| 3 |
Hotchkis & Wiley Capital Management
Los Angeles,
California
|
+$200M |
| 4 |
Holocene Advisors
New York
|
+$118M |
| 5 |
IP
Interval Partners
New York
|
+$98.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
-$498M |
| 2 |
Franklin Resources
San Mateo,
California
|
-$347M |
| 3 |
Lazard Asset Management
New York
|
-$144M |
| 4 |
Goldman Sachs
New York
|
-$102M |
| 5 |
American Century Companies
Kansas City,
Missouri
|
-$99.6M |
NSC Hedge Fund Activity: Q3 2024 in Review
1,610 of the 6,983 institutional investors tracked by Wall St. Rank reported a position in Norfolk Southern (NSC) for Q3 2024, worth a combined $42.4B — up 15% from $36.7B a quarter earlier.
Buyers outnumbered sellers: 164 funds opened new NSC positions and 100 closed out — a net gain of 64 holders — while 480 added to existing stakes and 600 trimmed.
The largest buyer was T. Rowe Price Associates, adding an estimated $368M. The largest seller was Wells Fargo, cutting an estimated $498M.
- 1,610 institutional investors held Norfolk Southern (NSC) as of Q3 2024, up from 1,565 in Q2 2024.
- Funds reported $42.4B of Norfolk Southern stock for Q3 2024, up 15% quarter-over-quarter.
- 164 funds opened new Norfolk Southern positions in Q3 2024 and 100 closed out, a net change of +64 holders.
- The largest Norfolk Southern buyer in Q3 2024 was T. Rowe Price Associates, an estimated $368M added.
- The largest Norfolk Southern seller in Q3 2024 was Wells Fargo, an estimated $498M sold.
Based on aggregated 13F filings for Q3 2024.