Norfolk Southern Corporation
US ˙ NYSE ˙ US6558441084

SecurityNSC / Norfolk Southern Corporation
InstitutionDavis R M Inc
Latest Disclosed Ownership6,571 shares
Latest Disclosed Value $ 1,885,998
Davis R M Inc reports 0.53% decrease in ownership of NSC / Norfolk Southern Corporation

On May 13, 2026 - Davis R M Inc filed a 13F-HR form disclosing ownership of 6,571 shares of Norfolk Southern Corporation (US:NSC) valued at $1,885,877 USD as of March 31, 2026. The entity filed a previous 13F-HR on February 12, 2026 disclosing 6,606 shares of Norfolk Southern Corporation. This represents a change in shares of -0.53% during the quarter. The current value of the position is $2,004,878 USD.

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)
2026-05-13 2026-03-31 13F NORFOLK SOUTHN COM 655844108 6,571 -35 -0.53 1,886 -1.15 0.0335
2026-02-12 2025-12-31 13F Norfolk Southern COM 655844108 6,606 -122 -1.81 1,907 -5.64 0.0328
2025-11-12 2025-09-30 13F Norfolk Southern COM 655844108 6,728 0 0.00 2,021 17.36 0.0353
2025-08-07 2025-06-30 13F Norfolk Southern COM 655844108 6,728 -87 -1.28 1,722 6.69 0.0319
2025-05-08 2025-03-31 13F Norfolk Southern COM 655844108 6,815 -1,862 -21.46 1,614 -20.73 0.0323
2025-02-07 2024-12-31 13F Norfolk Southern COM 655844108 8,677 -158 -1.79 2,036 -7.24 0.0397
2024-11-13 2024-09-30 13F Norfolk Southern COM 655844108 8,835 -45 -0.51 2,195 15.16 0.0424
2024-08-09 2024-06-30 13F Norfolk Southern COM 655844108 8,880 750 9.23 1,906 -8.01 0.0387
2024-05-10 2024-03-31 13F Norfolk Southern COM 655844108 8,130 725 9.79 2,072 18.40 0.0434
2024-02-09 2023-12-31 13F Norfolk Southern COM 655844108 7,405 0 0.00 1,750 174,900.00 0.0404
2023-11-14 2023-09-30 13F Norfolk Southern COM 655844108 7,405 -62 -0.83 1 0.00 0.0366
2023-08-10 2023-06-30 13F Norfolk Southern COM 655844108 7,467 0 0.00 2 0.00 0.0407
2023-05-01 2023-03-31 13F Norfolk Southern COM 655844108 7,467 -350 -4.48 2 0.00 0.0403
2023-02-14 2022-12-31 13F Norfolk Southern COM 655844108 7,817 -65 -0.82 2 -99.94 0.0519
2022-11-08 2022-09-30 13F Norfolk Southern COM 655844108 7,882 15 0.19 1,652 -7.61 0.0479
2022-08-08 2022-06-30 13F Norfolk Southern COM 655844108 7,867 500 6.79 1,788 -14.90 0.0499
2022-05-05 2022-03-31 13F Norfolk Southern COM 655844108 7,367 -50 -0.67 2,101 -4.85 0.0500
2022-02-08 2021-12-31 13F Norfolk Southern COM 655844108 7,417 -13 -0.17 2,208 24.18 0.0492
2021-11-08 2021-09-30 13F Norfolk Southern COM 655844108 7,430 34 0.46 1,778 -9.42 0.0441
2021-08-12 2021-06-30 13F Norfolk Southern COM 655844108 7,396 -78 -1.04 1,963 -2.19 0.0493
2021-05-10 2021-03-31 13F Norfolk Southern COM 655844108 7,474 -15 -0.20 2,007 12.82 0.0551
2021-01-27 2020-12-31 13F Norfolk Southern COM 655844108 7,489 -175 -2.28 1,779 8.48 0.0511
2020-12-01 2020-09-30 13F Norfolk Southern COM 655844108 7,664 64 0.84 1,640 22.94 0.0536
2020-07-20 2020-06-30 13F Norfolk Southern COM 655844108 7,600 20 0.26 1,334 20.51 0.0475
2020-04-24 2020-03-31 13F Norfolk Southern COM 655844108 7,580 138 1.85 1,107 -23.39 0.0460
2020-01-23 2019-12-31 13F Norfolk Southern COM 655844108 7,442 -540 -6.77 1,445 0.77 0.0474
2019-10-24 2019-09-30 13F Norfolk Southern COM 655844108 7,982 850 11.92 1,434 0.84 0.0505
2019-07-31 2019-06-30 13F Norfolk Southern COM 655844108 7,132 -45 -0.63 1,422 6.04 0.0506
2019-04-29 2019-03-31 13F Norfolk Southern COM 655844108 7,177 -99 -1.36 1,341 23.25 0.0499
2019-01-18 2018-12-31 13F Norfolk Southern COM 655844108 7,276 -19 -0.26 1,088 -17.39 0.0445
2018-10-17 2018-09-30 13F Norfolk Southern COM 655844108 7,295 -20 -0.27 1,317 19.29 0.0478
2018-07-19 2018-06-30 13F NORFOLK SOUTHERN COM 655844108 7,315 -79 -1.07 1,104 9.96 0.0430
2018-04-19 2018-03-31 13F NORFOLK SOUTHERN COM 655844108 7,394 450 6.48 1,004 -0.20 0.0400
2018-01-16 2017-12-31 13F NORFOLK SOUTHERN COM 655844108 6,944 0 0.00 1,006 9.59 0.0394
2017-10-24 2017-09-30 13F NORFOLK SOUTHERN COM 655844108 6,944 40 0.58 918 9.29 0.0379
2017-07-31 2017-06-30 13F NORFOLK SOUTHERN COM 655844108 6,904 -1,534 -18.18 840 -11.11 0.0355
2017-05-03 2017-03-31 13F NORFOLK SOUTHERN COM 655844108 8,438 -531 -5.92 945 -2.48 0.0427
2017-01-18 2016-12-31 13F NORFOLK SOUTHERN COM 655844108 8,969 -38 -0.42 969 10.87 0.0463
2016-10-19 2016-09-30 13F NORFOLK SOUTHERN COM 655844108 9,007 0 0.00 874 13.95 0.0426
2016-07-14 2016-06-30 13F NORFOLK SOUTHERN COM 655844108 9,007 -5,675 -38.65 767 -37.23 0.0377
2016-04-18 2016-03-31 13F NORFOLK SOUTHERN COM 655844108 14,682 570 4.04 1,222 2.35 0.0622
2016-01-14 2015-12-31 13F NORFOLK SOUTHERN COM 655844108 14,112 -370 -2.55 1,194 7.96 0.0611
2015-10-16 2015-09-30 13F NORFOLK SOUTHERN COM 655844108 14,482 -1,100 -7.06 1,106 -18.74 0.0591
2015-07-16 2015-06-30 13F NORFOLK SOUTHERN COM 655844108 15,582 120 0.78 1,361 -14.46 0.0703
2015-04-17 2015-03-31 13F NORFOLK SOUTHERN COM 655844108 15,462 370 2.45 1,591 -3.81 0.0837
2015-01-23 2014-12-31 13F NORFOLK SOUTHERN COM 655844108 15,092 575 3.96 1,654 2.10 0.0912
2014-10-20 2014-09-30 13F/A-2 NORFOLK SOUTHERN COM 655844108 14,517 -622 -4.11 1,620 3.85 0.0931
2014-10-20 2014-09-30 13F/A-1 NORFOLK SOUTHERN COM 655844108 14,517 0 1,620 0.0931
2014-10-20 2014-09-30 13F NORFOLK SOUTHERN COM 655844108 15,139 1,560
2014-07-15 2014-06-30 13F NORFOLK SOUTHERN COM 655844108 15,139 0 0.00 1,560 6.05 0.0897
2014-04-15 2014-03-31 13F NORFOLK SOUTHERN COM 655844108 15,139 -48 -0.32 1,471 4.33 0.0893
2014-01-27 2013-12-31 13F NORFOLK SOUTHERN COM 655844108 15,187 -273 -1.77 1,410 17.89 0.0863
2013-10-23 2013-09-30 13F NORFOLK SOUTHERN COM 655844108 15,460 475 3.17 1,196 9.83 0.0807
2013-08-12 2013-06-30 13F NORFOLK SOUTHERN COM 655844108 14,985 14,985 1,089 0.0777
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.