NORFOLK SOUTHN CORP (NSC) — Hedge Fund Ownership Q4 2025
NSC
- NORFOLK SOUTHN CORP (NSC) is held by 4 of 81 tracked hedge funds, with Third Point (4%) and Dodge & Cox (1%) holding the largest stakes, indicating limited hedge fund interest relative to peers.
- The biggest increases in NSC holdings came from Markel Group (+7%), highlighting conviction.
- The biggest decreases in NSC holdings came from Dodge & Cox (-11%) and Third Point (-41%), suggesting profit-taking or de-risking.
- Overall, hedge funds decreased exposure to NORFOLK SOUTHN CORP (NSC) by -15% vs the prior quarter and -9% vs prior year.
| # | Fund | % of Portfolio † | Shares † | Shares vs Prior Quarter † | Shares vs Prior Year † | Aggregate Value † | Reported Price * | Option |
|---|---|---|---|---|---|---|---|---|
| 1 |
Third Point
|
3.87% | 975K | -40.91% | — | $281.5M | $288.72 | — |
| 2 |
Dodge & Cox
|
1.50% | 9.6M | -11.50% | -9.97% | $2.78B | $288.72 | — |
| 3 |
Markel Group Tom Gayner
|
0.63% | 274K | +6.63% | +19.17% | $79.0M | $288.72 | — |
| 4 |
Mairs & Power
|
0.01% | 3K | -0.62% | -0.39% | $876,265 | $288.72 | — |
| 4 | Total | — | 10.9M | -14.93% | -9.35% | $3.14B | — | — |
* Reported price is not an actual purchase or sale price. It is the price as of the last portfolio date.
† Portfolio value, share counts, and period-over-period changes exclude options positions (PUT/CALL), which are shown in the Option column for reference only.
† Portfolio value, share counts, and period-over-period changes exclude options positions (PUT/CALL), which are shown in the Option column for reference only.