Norfolk Southern Corporation
MX ˙ BMV ˙ US6558441084
SecurityMX:NSC / Norfolk Southern Corporation
InstitutionJanus Henderson Group Plc
Latest Disclosed Ownership41,052 shares
Latest Disclosed Value $ 11,794,445
Janus Henderson Group Plc reports 3.12% decrease in ownership of NSC / Norfolk Southern Corporation

On May 18, 2026 - Janus Henderson Group Plc filed a 13F-HR/A form disclosing ownership of 41,052 shares of Norfolk Southern Corporation (MX:NSC) valued at $11,794,445 USD as of March 31, 2026. The entity filed a previous 13F-HR on February 17, 2026 disclosing 42,374 shares of Norfolk Southern Corporation. This represents a change in shares of -3.12% 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.

Upgrade to unlock premium data and export to Excel .

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)
2026-05-18 2026-03-31 13F/A-1 NORFOLK SOUTHN COM 655844108 41,052 -1,322 -3.12 11,794 -3.61 0.0020
2026-05-15 2026-03-31 13F NORFOLK SOUTHN COM 655844108 41,052 -1,322 -3.12 11,794 -3.61 0.0022
2026-02-17 2025-12-31 13F NORFOLK SOUTHN COM 655844108 42,374 458 1.09 12,237 -2.77 0.0055
2025-11-14 2025-09-30 13F NORFOLK SOUTHN COM 655844108 41,916 13,725 48.69 12,584 74.44 0.0057
2025-08-14 2025-06-30 13F NORFOLK SOUTHN COM 655844108 28,191 -1,020 -3.49 7,215 7.18 0.0035
2025-05-15 2025-03-31 13F NORFOLK SOUTHN COM 655844108 29,211 631 2.21 6,731 0.24 0.0037
2025-02-14 2024-12-31 13F NORFOLK SOUTHN COM 655844108 28,580 -1,081 -3.64 6,716 -8.88 0.0034
2024-11-14 2024-09-30 13F NORFOLK SOUTHN COM 655844108 29,661 -900 -2.94 7,369 12.45 0.0038
2024-08-14 2024-06-30 13F NORFOLK SOUTHN COM 655844108 30,561 -5 -0.02 6,553 -15.81 0.0035
2024-05-15 2024-03-31 13F NORFOLK SOUTHN COM 655844108 30,566 -598 -1.92 7,785 5.62 0.0042
2024-02-14 2023-12-31 13F NORFOLK SOUTHN COM 655844108 31,164 -12,236 -28.19 7,371 -13.77 0.0044
2023-11-14 2023-09-30 13F NORFOLK SOUTHN COM 655844108 43,400 252 0.58 8,548 -12.63 0.0056
2023-08-14 2023-06-30 13F NORFOLK SOUTHN COM 655844108 43,148 8,001 22.76 9,783 31.41 0.0061
2023-05-15 2023-03-31 13F NORFOLK SOUTHN COM 655844108 35,147 1,778 5.33 7,444 -9.44 0.0049
2023-02-14 2022-12-31 13F NORFOLK SOUTHN COM 655844108 33,369 4,142 14.17 8,220 34.03 0.0059
2023-01-13 2022-09-30 13F/A-1 NORFOLK SOUTHN COM 655844108 29,227 -1,415 -4.62 6,133 -12.07 0.0046
2022-11-14 2022-09-30 13F NORFOLK SOUTHN COM 655844108 29,227 -1,415 6,133 0.0046
2022-08-15 2022-06-30 13F NORFOLK SOUTHN COM 655844108 30,642 -62,846 -67.22 6,975 -73.84 0.0048
2022-05-16 2022-03-31 13F NORFOLK SOUTHN COM 655844108 93,488 4,943 5.58 26,665 1.15 0.0129
2022-02-14 2021-12-31 13F NORFOLK SOUTHN COM 655844108 88,545 37,497 73.45 26,361 115.86 0.0110
2021-11-16 2021-09-30 13F NORFOLK SOUTHN COM 655844108 51,048 -18,205 -26.29 12,212 -33.54 0.0053
2021-08-16 2021-06-30 13F NORFOLK SOUTHN COM 655844108 69,253 -291 -0.42 18,376 -1.63 0.0079
2021-05-17 2021-03-31 13F NORFOLK SOUTHN COM 655844108 69,544 -8,215 -10.56 18,680 1.11 0.0085
2021-02-16 2020-12-31 13F NORFOLK SOUTHN COM 655844108 77,759 7,752 11.07 18,475 23.32 0.0086
2020-11-16 2020-09-30 13F NORFOLK SOUTHN COM 655844108 70,007 -10,975 -13.55 14,981 5.34 0.0078
2020-08-14 2020-06-30 13F NORFOLK SOUTHERN COM 655844108 80,982 -8,653 -9.65 14,222 8.56 0.0080
2020-05-14 2020-03-31 13F NORFOLK SOUTHERN COM 655844108 89,635 -240,676 -72.86 13,101 -79.57 0.0090
2020-02-18 2019-12-31 13F NORFOLK SOUTHERN COM 655844108 330,311 -223,842 -40.39 64,121 -35.59 0.0328
2019-11-14 2019-09-30 13F NORFOLK SOUTHERN COM 655844108 554,153 117,812 27.00 99,550 14.47 0.0539
2019-07-31 2019-06-30 13F NORFOLK SOUTHERN COM 655844108 436,341 32,066 7.93 86,967 15.10 0.0474
2019-04-30 2019-03-31 13F NORFOLK SOUTHERN COM 655844108 404,275 -39,039 -8.81 75,556 13.97 0.0419
2019-02-06 2018-12-31 13F NORFOLK SOUTHERN COM 655844108 443,314 119,358 36.84 66,293 13.37 0.0423
2018-11-09 2018-09-30 13F NORFOLK SOUTHERN COM 655844108 323,956 -44,777 -12.14 58,474 5.11 0.0312
2018-08-10 2018-06-30 13F NORFOLK SOUTHERN COM 655844108 368,733 632 0.17 55,633 11.31 0.0317
2018-05-14 2018-03-31 13F NORFOLK SOUTHERN COM 655844108 368,101 71,729 24.20 49,981 16.36 0.0295
2018-03-12 2017-12-31 13F/A-1 NORFOLK SOUTHERN COM 655844108 296,372 -224,523 -43.10 42,952 -37.65 0.0264
2018-02-09 2017-12-31 13F NORFOLK SOUTHERN COM 655844108 296,372 -224,523 42,952
2017-11-14 2017-09-30 13F NORFOLK SOUTHERN COM 655844108 520,895 -162,658 -23.80 68,884 -17.20 0.0441
2017-11-14 2017-09-30 13F GRAMERCY PPTY TR COM NEW 385002308 134,219 -24,056 4,058 0.0026
2017-08-17 2017-06-30 13F/A-1 NORFOLK SOUTHERN COM 655844108 683,553 644,703 1,659.47 83,189 1,811.95 0.0567
2017-08-17 2017-06-30 13F/A-1 GRAMERCY PPTY TR COM NEW 385002308 158,275 119,425 4,702 0.0032
2017-08-14 2017-06-30 13F NORFOLK SOUTHERN COM 655844108 683,553 644,703 83,189
2017-08-14 2017-06-30 13F GRAMERCY PPTY TR COM NEW 385002308 158,275 4,702
2017-05-03 2017-03-31 13F NORFOLK SOUTHERN COM 655844108 38,850 -1,103 -2.76 4,351 0.76 0.0305
2017-01-30 2016-12-31 13F NORFOLK SOUTHERN COM 655844108 39,953 4,362 12.26 4,318 25.01 0.0318
2016-10-24 2016-09-30 13F NORFOLK SOUTHERN COM 655844108 35,591 0 0.00 3,454 13.99 0.0255
2016-07-29 2016-06-30 13F NORFOLK SOUTHERN COM 655844108 35,591 -3,673 -9.35 3,030 -7.28 0.0252
2016-05-12 2016-03-31 13F NORFOLK SOUTHERN COM 655844108 39,264 0 0.00 3,268 -1.57 0.0265
2016-02-03 2015-12-31 13F NORFOLK SOUTHERN COM 655844108 39,264 -3,547 -8.29 3,320 1.53 0.0266
2015-11-16 2015-09-30 13F NORFOLK SOUTHERN COM 655844108 42,811 0 0.00 3,270 -12.54 0.0288
2015-08-17 2015-06-30 13F NORFOLK SOUTHERN COM 655844108 42,811 0 0.00 3,739 -15.14 0.0294
2015-06-02 2015-03-31 13F/A-1 NORFOLK SOUTHERN COM 655844108 42,811 0 0.00 4,406 -6.10 0.0340
2015-05-15 2015-03-31 13F NORFOLK SOUTHERN COM 655844108 42,811 4,406
2015-02-12 2014-12-31 13F NORFOLK SOUTHERN COM 655844108 42,811 0 0.00 4,692 -1.80 0.0338
2014-11-12 2014-09-30 13F NORFOLK SOUTHERN COM 655844108 42,811 0 0.00 4,778 8.34 0.0449
2014-08-13 2014-06-30 13F NORFOLK SOUTHERN COM 655844108 42,811 -21,700 -33.64 4,410 -29.65 0.0412
2014-05-08 2014-03-31 13F NORFOLK SOUTHERN COM 655844108 64,511 -3,869 -5.66 6,269 -1.23 0.0610
2014-01-14 2013-12-31 13F NORFOLK SOUTHERN COM 655844108 68,380 1,506 2.25 6,347 22.69 0.0641
2013-11-12 2013-09-30 13F NORFOLK SOUTHERN COM 655844108 66,874 -3,800 -5.38 5,173 0.82 0.0571
2013-08-15 2013-06-30 13F NORFOLK SOUTHERN COM 655844108 70,674 70,674 5,131 0.0600
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.