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What smart money is saying about CSX CorporationUnited States flag

CSX · Industrials · Railroads · Market cap $68.31B

3 funds in our archive have pitched CSX Corporation, most recently TCW Relative Value Large Cap in September 2025.

Company profile

CSX Corporation, together with its subsidiaries, provides rail-based freight transportation services. The company offers rail services; and transportation of intermodal containers and trailers, as well as other transportation services, such as rail-to-truck transfers and bulk commodity operations. It transports chemicals, agricultural and food products, automotive, minerals, forest products, fertilizers, and metals and equipment; and coal, coke, and iron ore to electricity-generating power plants, steel manufacturers, and industrial plants, as well as exports coal to deep-water port facilities. The company also offers intermodal transportation services through a network of approximately 30 terminals transporting manufactured consumer goods in containers; and drayage services, including the pickup and delivery of intermodal shipments. It serves the automotive industry with distribution centers and storage locations, as well as connects non-rail served customers through transferring products, such as plastics and ethanol from rail to trucks. The company operates approximately 19,500 route mile rail network, which serves various population centers in 23 states east of the Mississippi River, the District of Columbia, and the Canadian provinces of Ontario and Quebec, as well as owns and leases approximately 3,500 locomotives. It also serves production and distribution facilities through track connections. CSX Corporation was incorporated in 1978 and is headquartered in Jacksonville, Florida.

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2
Reported positions
1
Bought
0
Sold
5
Letters

Position history

Between Q4 2024 and Q3 2026, 2 fund letters reported a position in CSX Corporation, with 1 buy (opened or added).

Fund letters reporting a position in CSX Corporation, by quarter
QuarterLettersBoughtSoldTheses
Q3 20261000
Q3 20250001
Q1 20251101
Q4 20240001

Bought and Sold count moves: the same sentence published by several funds of one house in a quarter counts once.

Fund activity · 2 positions · 1 move

  • HoldsAugustine Asset Management Quarterly Fund
    September 2026
    “Positive contributions from US technology (Apple, Microsoft), US healthcare (Halozyme, Merck, Gilead, Regeneron), Japanese financials (Mizuho, Mitsubishi UFJ), and European energy (Shell, TotalEnergies) more than offset slight detractions from European technology (ASML), European and US industrials (Siemens, CSX), and European healthcare (Novo, Sanofi).”
    CSX Corporation
  • March 2025
    “Proceeds from the sale of Honeywell were used to purchase a position in CSX Corp., one of the largest railroad owner/operators in North America.”
    CSX Corporation

Also mentioned · 1

These funds discuss CSX Corporation as a competitor, benchmark or comparable, without disclosing a position in it.

Fund coverage · 3 theses

  • CSX Corporation is a leading railroad company with a strong market position and cost advantages, set to benefit from management restructuring, operational improvements, and solid long-term growth prospects.

    Read the full thesis
  • CSX Corp. is a well-positioned North American railroad operator with attractive valuations, operational efficiencies from precision scheduled railroading, and strong cash flow attributes, despite facing challenges from a declining coal market and competition.

    Read the full thesis
  • CSX Corp. is a leading Class 1 railroad with strong pricing power, robust cash flow, and potential for growth in merchandise volumes, positioned to benefit from market trends and shareholder returns.

    Read the full thesis

Read every full thesis on CSX Corporation

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