Norfolk Southern Corporation
MX ˙ BMV ˙ US6558441084
SecurityMX:NSC / Norfolk Southern Corporation
InstitutionAptus Capital Advisors, LLC
Latest Disclosed Ownership15,606 shares
Latest Disclosed Value $ 4,478,922
Aptus Capital Advisors, LLC reports 12.82% increase in ownership of NSC / Norfolk Southern Corporation

On May 11, 2026 - Aptus Capital Advisors, LLC filed a 13F-HR form disclosing ownership of 15,606 shares of Norfolk Southern Corporation (MX:NSC) valued at $4,478,922 USD as of March 31, 2026. The entity filed a previous 13F-HR on February 13, 2026 disclosing 13,833 shares of Norfolk Southern Corporation. This represents a change in shares of 12.82% during the quarter.

Institutional Ownership: 13F and NPORT Filings

The Security and Class in the table below are shown exactly as filed by the investor. We do our best to track continuity of investments through acquisitions, and this will be reflected in the table as changes in names. In addition to descriptive data, performance of the investment is shown over time. To calculate quarterly performance, we first calculate cost basis of the shares purchased during the quarter, then use that to calculate gross profit. Quarterly return is Gross Profit / Starting Portfolio value.

Note that cost basis is calculated and stored in thousands, so small quarterly changes in shares frequently result in a cost basis of zero.

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Disclosed Equity Positions (from 13F/NPORT Filings)
File
Date		 Effective
Date		Form Security Class ID Avg Price
Paid (Est)		 Reported
Shares		 ΔShares ΔShares
(%)		 Reported
Value
(x1000)		 ΔValue
(%)		 Alloc
(%)		 ΔAlloc ΔAlloc (%) Cost Basis
(x1000)		 Unrealized
Gain/Loss
(x1000)
2026-05-11 2026-03-31 13F NORFOLK SOUTHN COM 655844108 15,606 1,773 12.82 4,479 12.15 0.0352
2026-02-13 2025-12-31 13F NORFOLK SOUTHN COM 655844108 13,833 335 2.48 3,994 -1.50 0.0286
2025-11-12 2025-09-30 13F NORFOLK SOUTHN COM 655844108 13,498 -1,355 -9.12 4,055 6.66 0.0295
2025-08-11 2025-06-30 13F NORFOLK SOUTHN COM 655844108 14,853 -1,448 -8.88 3,802 -1.53 0.0310
2025-05-13 2025-03-31 13F NORFOLK SOUTHN COM 655844108 16,301 2,141 15.12 3,861 16.16 0.0397
2025-02-14 2024-12-31 13F NORFOLK SOUTHN COM 655844108 14,160 8,123 134.55 3,323 121.53 0.0348
2024-11-05 2024-09-30 13F NORFOLK SOUTHN COM 655844108 6,037 1,047 20.98 1,500 40.06 0.0224
2024-07-31 2024-06-30 13F NORFOLK SOUTHN COM 655844108 4,990 -506 -9.21 1,072 -23.50 0.0189
2024-05-15 2024-03-31 13F NORFOLK SOUTHN COM 655844108 5,496 453 8.98 1,401 17.45 0.0261
2024-02-13 2023-12-31 13F NORFOLK SOUTHN COM 655844108 5,043 24 0.48 1,192 20.65 0.0326
2023-11-08 2023-09-30 13F NORFOLK SOUTHN COM 655844108 5,019 17 0.34 988 -12.87 0.0269
2023-08-11 2023-06-30 13F NORFOLK SOUTHN COM 655844108 5,002 431 9.43 1,134 17.03 0.0272
2023-05-09 2023-03-31 13F NORFOLK SOUTHN COM 655844108 4,571 -310 -6.35 969 -19.38 0.0260
2023-02-13 2022-12-31 13F NORFOLK SOUTHN COM 655844108 4,881 -2,930 -37.51 1,203 -26.62 0.0369
2022-11-02 2022-09-30 13F NORFOLK SOUTHN COM 655844108 7,811 4,155 113.65 1,638 97.11 0.0394
2022-07-29 2022-06-30 13F NORFOLK SOUTHN COM 655844108 3,656 -364 -9.05 831 -27.55 0.0216
2022-05-04 2022-03-31 13F NORFOLK SOUTHN COM 655844108 4,020 808 25.16 1,147 19.98 0.0286
2022-02-02 2021-12-31 13F NORFOLK SOUTHN COM 655844108 3,212 0 0.00 956 24.48 0.0287
2021-10-27 2021-09-30 13F NORFOLK SOUTHN COM 655844108 3,212 0 0.00 768 -9.86 0.0198
2021-07-27 2021-06-30 13F NORFOLK SOUTHN COM 655844108 3,212 -241 -6.98 852 -8.09 0.0249
2021-05-06 2021-03-31 13F NORFOLK SOUTHN COM 655844108 3,453 4 0.12 927 13.19 0.0332
2021-02-10 2020-12-31 13F NORFOLK SOUTHN COM 655844108 3,449 476 16.01 819 28.77 0.0375
2020-10-19 2020-09-30 13F NORFOLK SOUTHN COM 655844108 2,973 152 5.39 636 28.48 0.0338
2020-07-22 2020-06-30 13F NORFOLK SOUTHERN COM 655844108 2,821 0 0.00 495 20.44 0.0311
2020-05-07 2020-03-31 13F NORFOLK SOUTHERN COM 655844108 2,821 0 0.00 411 -24.86 0.0355
2020-02-10 2019-12-31 13F NORFOLK SOUTHERN COM 655844108 2,821 -1,060 -27.31 547 -21.52 0.0388
2019-11-14 2019-09-30 13F/A-1 NORFOLK SOUTHERN COM 655844108 3,881 -753 -16.25 697 -24.49 0.0389
2019-11-12 2019-09-30 13F NORFOLK SOUTHERN COM 655844108 3,881 -753 697 0.0389
2019-08-13 2019-06-30 13F NORFOLK SOUTHERN COM 655844108 4,634 1,948 72.52 923 84.23 0.1299
2019-05-15 2019-03-31 13F NORFOLK SOUTHERN COM 655844108 2,686 2,686 501 0.0856
Legend
Shares
The total number of shares held by the institution at the end of the reporting period (the effective date). This is provided in the filing.
Value
The total value of the shares as of the effective date. This is provided in the filing.
Avg. Share Price
The weighted average share price of the shares held by the institution. We use FIFO accounting to determine this price
Class
This is the security class as indicated by the filer. There are a variety of values for this field. Common values include "EC" = equity common, "EP" - equity preferred
Allocation (%)
The percent of the institution's portfolio that this position represents. This is provided in NPORT filings. For 13F filings, we calculate it.
Change in Allocation
The change in allocation from the prior reporting period. This is calculated as current allocation - prior allocation.
Change in Allocation (%)
The percent change in allocation from the prior reporting period. This is calculated as (current allocation - prior allocation) / prior allocation.
Cost Basis
The total cost of the shares held. This is calculated as reported shares * avg. share price
Unrealized Gain/Loss
This is the market value of the position as of the effective date minus the cost basis.