NSC Norfolk Southern Corporation

NYSE
$317.00

Norfolk Southern Corporation (NSC) Hedge Fund Activity

This view isolates hedge funds from the broader institutional ownership shown on the Institutional tab. A pension fund tracking an index may have no view on a stock; when a hedge fund builds or exits a position, that decision can carry information. This page measures those changes. Positions as of June 30, 2026.

Based on quarterly 13F long-equity filings. Changes compare reported quarter-end positions; filings can be reported up to 45 days later and do not represent a fund's complete exposure.

Hedge fund breadth
+8.00
27 buyers / 23 sellers
MIXED
Funds compared
52
funds with comparable NSC positions
47 current holders · 47 prior-quarter holders
Net share change
+956.1K
+3.70M added, -2.74M cut
Position activity
5 new 22 increased 18 reduced 5 exited

Most significant moves

Ranked by conviction, not size — how much of the fund's own book the position represents, how far it moved, and what kind of fund made it.

Fund Action Shares changed Change Est. value Portfolio wt. Score
Third Point Activist Event Increased +500.0K +500.0% $157.3M 4.1% 89
Caxton Associates Macro Increased +705.2K +208.6% $221.9M 6.2% 80
Rokos Capital Management Macro Increased +178.2K +130.6% $56.1M 2.6% 69
Encompass Capital Advisors Long/Short New +145.0K $45.6M 2.0% 67
Sculptor Capital Management Event Long/Short Reduced -292.0K -44.3% $91.9M 2.0% 66
Yaupon Capital Management New +119.5K $37.6M 1.3% 65
Pentwater Capital Management Event Reduced -445.0K -13.8% $140.0M 7.0% 65
Point72 Asset Management, L.P. Sold Out -8.3K -100.0% $2.6M 0.0% 61
LMR Partners Event Quant Increased +287.1K +66.0% $90.3M 2.7% 58
TWO SIGMA INVESTMENTS, LP Quant Increased +210.9K +152.6% $66.4M 0.1% 57

Most significant buyers

By move score, not size.

  • Third Point Increased · +500.0K
  • Caxton Associates Increased · +705.2K
  • Rokos Capital Management Increased · +178.2K
  • Encompass Capital Advisors New · +145.0K
  • Yaupon Capital Management New · +119.5K

Most significant sellers

By move score, not size.

  • Sculptor Capital Management Reduced · -292.0K
  • Pentwater Capital Management Reduced · -445.0K
  • Point72 Asset Management, L.P. Sold Out · -8.3K
  • Capstone Investment Advisors Sold Out · -3.2K
  • Trexquant Investment Sold Out · -8.5K

Hedge fund positions

Fund Tier Shares Previous Change Change % Portfolio wt. Action Score
Third Point 1 600.0K 100.0K +500.0K +500.0% 4.1% Increased 89
Caxton Associates 3 1.0M 338.1K +705.2K +208.6% 6.2% Increased 80
Rokos Capital Management 2 314.7K 136.4K +178.2K +130.6% 2.6% Increased 69
Encompass Capital Advisors 3 145.0K 0 +145.0K 2.0% New 67
Sculptor Capital Management 2 366.4K 658.4K -292.0K -44.3% 2.0% Reduced 66
Yaupon Capital Management 2 119.5K 0 +119.5K 1.3% New 65
Pentwater Capital Management 1 2.8M 3.2M -445.0K -13.8% 7.0% Reduced 65
Point72 Asset Management, L.P. 1 0 8.3K -8.3K -100.0% 0.0% Sold Out 61
LMR Partners 3 721.9K 434.8K +287.1K +66.0% 2.7% Increased 58
TWO SIGMA INVESTMENTS, LP 2 349.1K 138.2K +210.9K +152.6% 0.1% Increased 57
Walleye Capital 3 96.0K 0 +96.0K 0.2% New 56
HBK Investments 1 1.8M 1.7M +13.6K +0.8% 7.1% Increased 56
Voloridge Investment Management 2 17.9K 0 +17.9K 0.0% New 56
Capstone Investment Advisors 3 0 3.2K -3.2K -100.0% 0.0% Sold Out 55
Trexquant Investment 3 0 8.5K -8.5K -100.0% 0.0% Sold Out 53
Cinctive Capital Management 3 17.5K 0 +17.5K 0.2% New 53
CenterBook Partners 4 0 5.0K -5.0K -100.0% 0.0% Sold Out 51
Y-Intercept 4 0 17.1K -17.1K -100.0% 0.0% Sold Out 51
TIG Advisors 3 316.5K 336.2K -19.7K -5.9% 6.3% Reduced 51
CITADEL ADVISORS LLC 1 1.6M 2.6M -1.03M -39.5% 0.3% Reduced 50
Sona Asset Management 3 30.0K 69.1K -39.1K -56.6% 0.7% Reduced 49
Empyrean Capital Partners 2 279.8K 317.1K -37.3K -11.8% 3.6% Reduced 49
Readystate Asset Management 3 176.1K 183.8K -7.7K -4.2% 3.8% Reduced 46
MILLENNIUM MANAGEMENT LLC 2 5.2M 4.6M +617.6K +13.5% 1.3% Increased 44
Capula Management 2 79.4K 144.7K -65.4K -45.2% 0.3% Reduced 44
Squarepoint Ops LLC 2 457.2K 765.7K -308.4K -40.3% 0.3% Reduced 42
Quantbot Technologies 4 10.6K 60.7K -50.1K -82.5% 0.1% Reduced 42
ExodusPoint Capital Management 3 244.5K 160.0K +84.5K +52.9% 0.7% Increased 42
Gotham Asset Management, LLC 2 78.1K 47.3K +30.8K +65.0% 0.1% Increased 42
D. E. Shaw & Co., Inc. 1 2.6M 2.3M +337.7K +14.9% 0.5% Increased 41
Balyasny Asset Management L.P. 2 1.1M 1.3M -227.5K -17.0% 0.7% Reduced 40
Centiva Capital 4 50.0K 30.0K +20.0K +66.5% 0.8% Increased 40
Verition Fund Management 2 758.7K 731.1K +27.6K +3.8% 2.2% Increased 37
Ghisallo Capital Management 2 36.0K 52.0K -16.0K -30.8% 0.3% Reduced 37
Boothbay Fund Management 4 35.1K 21.6K +13.5K +62.7% 0.2% Increased 36
Hudson Bay Capital Management 3 486.3K 412.6K +73.7K +17.9% 0.9% Increased 35
Moore Capital Management 3 15.0K 25.0K -10.0K -40.0% 0.1% Reduced 35
MARSHALL WACE, LLP 2 711.5K 643.5K +68.0K +10.6% 0.3% Increased 33
ADAGE CAPITAL PARTNERS GP, L.L.C. 2 766.5K 854.0K -87.5K -10.2% 0.3% Reduced 33
Woodline Partners LP 2 221.0K 185.9K +35.1K +18.9% 0.2% Increased 33
Lighthouse Investment Partners 3 99.9K 80.4K +19.6K +24.3% 1.0% Increased 33
Tudor Investment Corporation 2 647.1K 631.7K +15.5K +2.4% 1.0% Increased 31
AQR Capital Management 3 210.8K 170.6K +40.2K +23.6% 0.0% Increased 30
Magnetar Capital 2 275.2K 275.2K +54 +0.0% 1.1% Increased 29
Qube Research & Technologies Ltd 2 895.2K 918.0K -22.7K -2.5% 0.3% Reduced 29
Schonfeld Strategic Advisors 3 140.1K 118.6K +21.5K +18.1% 0.3% Increased 28
Man Group 3 178.4K 209.2K -30.7K -14.7% 0.1% Reduced 27
Chilton Investment Company 2 2.5K 2.5K -83 -3.3% 0.0% Reduced 24
Brevan Howard Capital Management 3 53.6K 58.6K -4.9K -8.4% 0.3% Reduced 24
Engineers Gate 4 6.7K 5.9K +824 +14.1% 0.0% Increased 20
Polar Asset Management Partners 3 85.0K 85.0K 0 +0.0% 1.0% Unchanged 23
Wolverine Asset Management 2 13.1K 13.1K 0 +0.0% 0.3% Unchanged 19

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Hedge funds are identified from their 13F filings, which are due 45 days after quarter end and cover long U.S.-listed equity positions only. A fund's short book never appears, so a reduced position can mean a changed view or a changed hedge — the filing doesn't say which.