Norfolk Southern Corporation
US ˙ NYSE ˙ US6558441084

SecurityNSC / Norfolk Southern Corporation
InstitutionPhysicians Financial Services, Inc.
Latest Disclosed Ownership0 shares
Latest Disclosed Value $ 0
Physicians Financial Services, Inc. closes position in NSC / Norfolk Southern Corporation

On April 15, 2026 - Physicians Financial Services, Inc. filed a 13F-HR form disclosing ownership of 0 shares of Norfolk Southern Corporation (US:NSC) valued at $0 USD as of March 31, 2026. The entity filed a previous 13F-HR on January 21, 2026 disclosing 775 shares of Norfolk Southern Corporation. The current value of the position is $0 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.

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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)
2026-04-15 2026-03-31 13F Norfolk Southern COM 655844108 0 -775 -100.00 0 0.0000
2026-01-21 2025-12-31 13F Norfolk Southern COM 655844108 775 -50 -6.06 0 0.0601
2025-10-21 2025-09-30 13F Norfolk Southern COM 655844108 825 0 0.00 0 0.0677
2025-08-14 2025-06-30 13F Norfolk Southern COM 655844108 825 825 0 0.0628
2023-05-17 2023-03-31 13F Norfolk Southern COM 655844108 0 -10,409 -100.00 0 -100.00
2023-02-09 2022-12-31 13F Norfolk Southern COM 655844108 10,409 148 1.44 3 -99.91 1.1550
2022-10-19 2022-09-30 13F Norfolk Southern COM 655844108 10,261 -139 -1.34 2,151 -9.01 1.0395
2022-08-17 2022-06-30 13F Norfolk Southern COM 655844108 10,400 54 0.52 2,364 -19.89 1.0519
2022-04-22 2022-03-31 13F Norfolk Southern COM 655844108 10,346 -153 -1.46 2,951 -5.60 1.1266
2022-02-02 2021-12-31 13F Norfolk Southern COM 655844108 10,499 -75 -0.71 3,126 23.56 1.1560
2021-10-27 2021-09-30 13F Norfolk Southern COM 655844108 10,574 625 6.28 2,530 -4.20 1.0248
2021-07-27 2021-06-30 13F Norfolk Southern COM 655844108 9,949 -78 -0.78 2,641 -1.89 1.0831
2021-05-21 2021-03-31 13F Norfolk Southern COM 655844108 10,027 92 0.93 2,692 14.02 1.1535
2021-02-03 2020-12-31 13F Norfolk Southern COM 655844108 9,935 -150 -1.49 2,361 9.41 1.1397
2020-11-10 2020-09-30 13F Norfolk Southern COM 655844108 10,085 621 6.56 2,158 29.84 1.0772
2020-07-28 2020-06-30 13F Norfolk Southern COM 655844108 9,464 174 1.87 1,662 22.57 0.9185
2020-04-27 2020-03-31 13F Norfolk Southern COM 655844108 9,290 -300 -3.13 1,356 -27.18 0.9320
2020-02-12 2019-12-31 13F Norfolk Southern COM 655844108 9,590 -150 -1.54 1,862 6.40 1.0073
2019-11-14 2019-09-30 13F Norfolk Southern COM 655844108 9,740 -150 -1.52 1,750 -11.21 1.0008
2019-08-12 2019-06-30 13F Norfolk Southern COM 655844108 9,890 200 2.06 1,971 8.83 1.1598
2019-04-12 2019-03-31 13F Norfolk Southern COM 655844108 9,690 -30 -0.31 1,811 24.55 1.1255
2019-01-22 2018-12-31 13F Norfolk Southern COM 655844108 9,720 430 4.63 1,454 -13.30 1.0568
2018-11-14 2018-09-30 13F Norfolk Southern COM 655844108 9,290 0 0.00 1,677 19.61 1.1527
2018-08-21 2018-06-30 13F Norfolk Southern COM 655844108 9,290 0 0.00 1,402 12.61 1.0500
2018-04-17 2018-03-31 13F Norfolk Southern COM 655844108 9,290 0 0.00 1,245 -7.50 0.9884
2018-02-12 2017-12-31 13F Norfolk Southern COM 655844108 9,290 -25 -0.27 1,346 9.25 1.0269
2017-11-01 2017-09-30 13F Norfolk Southern COM 655844108 9,315 0 0.00 1,232 8.64 1.0074
2017-07-31 2017-06-30 13F Norfolk Southern COM 655844108 9,315 -100 -1.06 1,134 7.59 0.9603
2017-04-26 2017-03-31 13F Norfolk Southern COM 655844108 9,415 -200 -2.08 1,054 21.57 0.9092
2017-01-17 2016-12-31 13F Norfolk Southern COM 655844108 9,615 100 1.05 867 -6.07 0.7116
2016-11-01 2016-09-30 13F Norfolk Southern COM 655844108 9,515 100 1.06 923 15.23 0.7696
2016-07-14 2016-06-30 13F Norfolk Southern COM 655844108 9,415 -50 -0.53 801 1.65 0.7009
2016-04-26 2016-03-31 13F Norfolk Southern COM 655844108 9,465 315 3.44 788 1.81 0.7129
2016-02-09 2015-12-31 13F Norfolk Southern COM 655844108 9,150 9,150 774 0.7149
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.