Norfolk Southern Corporation
MX ˙ BMV ˙ US6558441084
SecurityMX:NSC / Norfolk Southern Corporation
InstitutionUnited Bank
Latest Disclosed Ownership7,015 shares
Latest Disclosed Value $ 2,013,305
United Bank reports 39.40% decrease in ownership of NSC / Norfolk Southern Corporation

On May 1, 2026 - United Bank filed a 13F-HR form disclosing ownership of 7,015 shares of Norfolk Southern Corporation (MX:NSC) valued at $2,013,305 USD as of March 31, 2026. The entity filed a previous 13F-HR on February 5, 2026 disclosing 11,576 shares of Norfolk Southern Corporation. This represents a change in shares of -39.40% 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)
2026-05-01 2026-03-31 13F NORFOLK SOUTHN COM 655844108 7,015 -4,561 -39.40 2,013 -39.77 0.6697
2026-02-05 2025-12-31 13F NORFOLK SOUTHN COM 655844108 11,576 470 4.23 3,342 0.18 1.1332
2025-11-12 2025-09-30 13F NORFOLK SOUTHN COM 655844108 11,106 567 5.38 3,336 23.69 1.1594
2025-07-29 2025-06-30 13F NORFOLK SOUTHN COM 655844108 10,539 -312 -2.88 2,698 4.94 1.0322
2025-05-06 2025-03-31 13F NORFOLK SOUTHN COM 655844108 10,851 812 8.09 2,570 9.08 1.0620
2025-02-12 2024-12-31 13F NORFOLK SOUTHN COM 655844108 10,039 1,164 13.12 2,356 6.85 0.9952
2024-11-01 2024-09-30 13F NORFOLK SOUTHN COM 655844108 8,875 204 2.35 2,205 18.48 1.0173
2024-07-23 2024-06-30 13F NORFOLK SOUTHN COM 655844108 8,671 450 5.47 1,862 -11.17 0.9290
2024-05-10 2024-03-31 13F NORFOLK SOUTHN COM 655844108 8,221 132 1.63 2,095 9.57 1.0651
2024-02-13 2023-12-31 13F NORFOLK SOUTHN COM 655844108 8,089 254 3.24 1,912 23.99 1.0548
2023-10-27 2023-09-30 13F NORFOLK SOUTHN COM 655844108 7,835 157 2.04 1,543 -11.43 0.9224
2023-08-07 2023-06-30 13F NORFOLK SOUTHN COM 655844108 7,678 -180 -2.29 1,741 4.56 0.9913
2023-05-12 2023-03-31 13F NORFOLK SOUTHN COM 655844108 7,858 -442 -5.33 1,666 -18.58 0.9759
2023-02-10 2022-12-31 13F NORFOLK SOUTHN COM 655844108 8,300 31 0.37 2,045 17.94 1.2551
2022-11-10 2022-09-30 13F NORFOLK SOUTHN COM 655844108 8,269 280 3.50 1,734 -4.52 1.1543
2022-08-05 2022-06-30 13F NORFOLK SOUTHN COM 655844108 7,989 408 5.38 1,816 -16.00 1.1280
2022-05-09 2022-03-31 13F NORFOLK SOUTHN COM 655844108 7,581 148 1.99 2,162 -2.30 1.1461
2022-02-11 2021-12-31 13F NORFOLK SOUTHN COM 655844108 7,433 -331 -4.26 2,213 19.11 1.1867
2021-11-12 2021-09-30 13F NORFOLK SOUTHN COM 655844108 7,764 -534 -6.44 1,858 -15.62 1.1783
2021-07-26 2021-06-30 13F NORFOLK SOUTHN COM 655844108 8,298 -162 -1.91 2,202 -3.08 1.4834
2021-05-12 2021-03-31 13F NORFOLK SOUTHN COM 655844108 8,460 -317 -3.61 2,272 8.92 1.5946
2021-02-11 2020-12-31 13F NORFOLK SOUTHN COM 655844108 8,777 463 5.57 2,086 17.26 1.4914
2020-11-10 2020-09-30 13F NORFOLK SOUTHN COM 655844108 8,314 123 1.50 1,779 23.71 1.4835
2020-08-05 2020-06-30 13F NORFOLK SOUTHERN COM 655844108 8,191 717 9.59 1,438 31.81 1.3534
2020-05-08 2020-03-31 13F NORFOLK SOUTHERN COM 655844108 7,474 -1,405 -15.82 1,091 -36.72 1.1265
2020-02-03 2019-12-31 13F NORFOLK SOUTHERN COM 655844108 8,879 57 0.65 1,724 8.77 1.1671
2019-11-08 2019-09-30 13F NORFOLK SOUTHERN COM 655844108 8,822 -87 -0.98 1,585 -10.75 1.1748
2019-07-22 2019-06-30 13F NORFOLK SOUTHERN COM 655844108 8,909 -379 -4.08 1,776 2.30 1.3888
2019-05-01 2019-03-31 13F NORFOLK SOUTHERN COM 655844108 9,288 42 0.45 1,736 25.52 1.3820
2019-02-11 2018-12-31 13F NORFOLK SOUTHERN COM 655844108 9,246 -90 -0.96 1,383 -17.92 1.2755
2018-11-05 2018-09-30 13F NORFOLK SOUTHERN COM 655844108 9,336 -604 -6.08 1,685 12.33 1.3319
2018-08-09 2018-06-30 13F Norfolk Southern Corp COMMON COM 655844108 9,940 295 3.06 1,500 14.50 1.2910
2018-05-07 2018-03-31 13F NORFOLK SOUTHERN COM 655844108 9,645 -63 -0.65 1,310 -6.89 1.1902
2018-02-07 2017-12-31 13F NORFOLK SOUTHERN COM 655844108 9,708 365 3.91 1,407 13.83 1.2041
2017-11-08 2017-09-30 13F NORFOLK SOUTHERN COM 655844108 9,343 -215 -2.25 1,236 6.28 1.1585
2017-07-31 2017-06-30 13F NORFOLK SOUTHERN COM 655844108 9,558 0 0.00 1,163 8.69 1.0788
2017-05-08 2017-03-31 13F NORFOLK SOUTHERN COM 655844108 9,558 -1,003 -9.50 1,070 -6.22 1.0177
2017-02-10 2016-12-31 13F NORFOLK SOUTHERN COM 655844108 10,561 10,561 1,141 1.1638
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.