Norfolk Southern Corporation
MX ˙ BMV ˙ US6558441084
SecurityMX:NSC / Norfolk Southern Corporation
InstitutionBahl & Gaynor Inc
Latest Disclosed Ownership9,076 shares
Latest Disclosed Value $ 2,604,812
Bahl & Gaynor Inc reports 0.11% decrease in ownership of NSC / Norfolk Southern Corporation

On May 7, 2026 - Bahl & Gaynor Inc filed a 13F-HR form disclosing ownership of 9,076 shares of Norfolk Southern Corporation (MX:NSC) valued at $2,604,812 USD as of March 31, 2026. The entity filed a previous 13F-HR on February 12, 2026 disclosing 9,086 shares of Norfolk Southern Corporation. This represents a change in shares of -0.11% 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)
2026-05-07 2026-03-31 13F Norfolk Southern COM 655844108 9,076 -10 -0.11 2,605 -0.72 0.0131
2026-02-12 2025-12-31 13F Norfolk Southern COM 655844108 9,086 0 0.00 2,623 -3.88 0.0133
2025-11-12 2025-09-30 13F Norfolk Southern COM 655844108 9,086 -62 -0.68 2,730 16.57 0.0136
2025-08-12 2025-06-30 13F Norfolk Southern COM 655844108 9,148 -195 -2.09 2,342 5.83 0.0118
2025-05-14 2025-03-31 13F Norfolk Southern COM 655844108 9,343 -175 -1.84 2,213 -0.94 0.0113
2025-02-06 2024-12-31 13F Norfolk Southern COM 655844108 9,518 -25 -0.26 2,234 -5.82 0.0118
2024-11-12 2024-09-30 13F Norfolk Southern COM 655844108 9,543 -189 -1.94 2,371 13.50 0.0122
2024-08-07 2024-06-30 13F Norfolk Southern COM 655844108 9,732 39 0.40 2,089 -15.43 0.0117
2024-05-10 2024-03-31 13F Norfolk Southern COM 655844108 9,693 110 1.15 2,470 9.05 0.0138
2024-02-02 2023-12-31 13F Norfolk Southern COM 655844108 9,583 123 1.30 2,265 21.64 0.0136
2023-11-03 2023-09-30 13F Norfolk Southern COM 655844108 9,460 168 1.81 1,863 -11.59 0.0119
2023-08-14 2023-06-30 13F Norfolk Southern COM 655844108 9,292 -248 -2.60 2,107 4.15 0.0128
2023-05-03 2023-03-31 13F Norfolk Southern COM 655844108 9,540 -14 -0.15 2,023 -14.10 0.0109
2023-02-10 2022-12-31 13F Norfolk Southern COM 655844108 9,554 56 0.59 2,354 18.23 0.0147
2022-11-14 2022-09-30 13F Norfolk Southern COM 655844108 9,498 101 1.07 1,991 -6.79 0.0132
2022-08-08 2022-06-30 13F Norfolk Southern COM 655844108 9,397 0 0.00 2,136 -20.30 0.0141
2022-05-12 2022-03-31 13F Norfolk Southern COM 655844108 9,397 -15 -0.16 2,680 -4.35 0.0197
2022-02-10 2021-12-31 13F Norfolk Southern COM 655844108 9,412 -482 -4.87 2,802 18.38 0.0157
2021-11-15 2021-09-30 13F Norfolk Southern COM 655844108 9,894 313 3.27 2,367 -6.92 0.0145
2021-08-06 2021-06-30 13F Norfolk Southern COM 655844108 9,581 -45 -0.47 2,543 -1.62 0.0155
2021-05-11 2021-03-31 13F Norfolk Southern COM 655844108 9,626 115 1.21 2,585 14.38 0.0164
2021-02-02 2020-12-31 13F Norfolk Southern COM 655844108 9,511 63 0.67 2,260 11.77 0.0144
2020-11-12 2020-09-30 13F Norfolk Southern COM 655844108 9,448 1 0.01 2,022 21.88 0.0143
2020-08-13 2020-06-30 13F Norfolk Southern COM 655844108 9,447 50 0.53 1,659 20.92 0.0125
2020-05-26 2020-03-31 13F/A-1 Norfolk Southern COM 655844108 9,397 -310 -3.19 1,372 -27.18 0.0120
2020-02-14 2019-12-31 13F Norfolk Southern COM 655844108 9,707 87 0.90 1,884 9.03 0.0131
2019-11-14 2019-09-30 13F Norfolk Southern COM 655844108 9,620 -393 -3.92 1,728 -13.43 0.0125
2019-08-12 2019-06-30 13F Norfolk Southern COM 655844108 10,013 -150 -1.48 1,996 5.11 0.0148
2019-05-13 2019-03-31 13F Norfolk Southern COM 655844108 10,163 -250 -2.40 1,899 21.97 0.0174
2019-02-12 2018-12-31 13F Norfolk Southern COM 655844108 10,413 1 0.01 1,557 -17.14 0.0167
2018-11-09 2018-09-30 13F Norfolk Southern COM 655844108 10,412 1,348 14.87 1,879 37.35 0.0242
2018-08-14 2018-06-30 13F Norfolk Southern COM 655844108 9,064 250 2.84 1,368 14.29 0.0143
2018-05-11 2018-03-31 13F Norfolk Southern COM 655844108 8,814 0 0.00 1,197 -6.26 0.0132
2018-02-13 2017-12-31 13F Norfolk Southern COM 655844108 8,814 -709 -7.45 1,277 1.43 0.0131
2017-11-13 2017-09-30 13F Norfolk Southern COM 655844108 9,523 298 3.23 1,259 12.11 0.0138
2017-08-11 2017-06-30 13F/A-1 Norfolk Southern COM 655844108 9,225 162 1.79 1,123 10.64 0.0128
2017-08-10 2017-06-30 13F Norfolk Southern COM 655844108 10,003 940 1,081
2017-05-09 2017-03-31 13F Norfolk Southern COM 655844108 9,063 -940 -9.40 1,015 -6.11 0.0116
2017-02-14 2016-12-31 13F Norfolk Southern COM 655844108 10,003 57 0.57 1,081 12.02 0.0132
2016-11-07 2016-09-30 13F Norfolk Southern COM 655844108 9,946 -128 -1.27 965 12.47 0.0117
2016-08-10 2016-06-30 13F Norfolk Southern COM 655844108 10,074 -8,451 -45.62 858 -44.36 0.0111
2016-05-10 2016-03-31 13F Norfolk Southern COM 655844108 18,525 -351 -1.86 1,542 -3.44 0.0205
2016-02-12 2015-12-31 13F Norfolk Southern COM 655844108 18,876 -1,796 -8.69 1,597 1.14 0.0219
2015-11-10 2015-09-30 13F Norfolk Southern COM 655844108 20,672 -4,116 -16.60 1,579 -27.07 0.0227
2015-08-03 2015-06-30 13F Norfolk Southern COM 655844108 24,788 -1,100 -4.25 2,165 -18.73 0.0291
2015-05-12 2015-03-31 13F Norfolk Southern COM 655844108 25,888 25,888 0.00 2,664 0.0361
2015-02-04 2014-12-31 13F Norfolk Southern COM 655844108 0 -25,964 -100.00 0 -100.00
2014-11-12 2014-09-30 13F Norfolk Southern COM 655844108 25,964 367 1.43 2,898 9.90 0.0432
2014-08-13 2014-06-30 13F Norfolk Southern COM 655844108 25,597 -295 -1.14 2,637 4.81 0.0401
2014-05-20 2014-03-31 13F Norfolk Southern COM 655844108 25,892 -2,322 -8.23 2,516 -3.93 0.0403
2014-02-14 2013-12-31 13F Norfolk Southern COM 655844108 28,214 -100 -0.35 2,619 19.59 0.0429
2013-11-13 2013-09-30 13F Norfolk Southern COM 655844108 28,314 -579 -2.00 2,190 4.34 0.0394
2013-08-16 2013-06-30 13F Norfolk Southern COM 655844108 28,893 28,893 2,099 0.0397
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.