Norfolk Southern Corporation
MX ˙ BMV ˙ US6558441084
SecurityMX:NSC / Norfolk Southern Corporation
InstitutionCIBC World Markets Inc.
Latest Disclosed Ownership13,639 shares
Latest Disclosed Value $ 3,914,393
CIBC World Markets Inc. reports 10.65% decrease in ownership of NSC / Norfolk Southern Corporation

On May 14, 2026 - CIBC World Markets Inc. filed a 13F-HR form disclosing ownership of 13,639 shares of Norfolk Southern Corporation (MX:NSC) valued at $3,914,393 USD as of March 31, 2026. The entity filed a previous 13F-HR on February 10, 2026 disclosing 15,265 shares of Norfolk Southern Corporation. This represents a change in shares of -10.65% 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)
2026-05-14 2026-03-31 13F NORFOLK SOUTHN COM 655844108 13,639 -1,626 -10.65 3,914 -11.19 0.0064
2026-02-10 2025-12-31 13F NORFOLK SOUTHN COM 655844108 15,265 -18,797 -55.18 4,407 -56.93 0.0071
2025-11-06 2025-09-30 13F NORFOLK SOUTHN COM 655844108 34,062 -911 -2.60 10,233 14.30 0.0183
2025-08-14 2025-06-30 13F NORFOLK SOUTHN COM 655844108 34,973 -166 -0.47 8,952 7.57 0.0177
2025-05-14 2025-03-31 13F NORFOLK SOUTHN COM 655844108 35,139 3,531 11.17 8,323 118,785.71 0.0178
2025-01-23 2024-12-31 13F NORFOLK SOUTHN COM 655844108 31,608 -855 -2.63 7 -12.50 0.0155
2024-11-12 2024-09-30 13F NORFOLK SOUTHN COM 655844108 32,463 1,113 3.55 8 33.33 0.0168
2024-08-07 2024-06-30 13F NORFOLK SOUTHN COM 655844108 31,350 3,190 11.33 7 -14.29 0.0155
2024-05-13 2024-03-31 13F NORFOLK SOUTHN COM 655844108 28,160 1,279 4.76 7 16.67 0.0170
2024-02-13 2023-12-31 13F NORFOLK SOUTHN COM 655844108 26,881 -749 -2.71 6 20.00 0.0161
2023-11-13 2023-09-30 13F NORFOLK SOUTHN COM 655844108 27,630 737 2.74 5 -16.67 0.0180
2023-08-11 2023-06-30 13F NORFOLK SOUTHN COM 655844108 26,893 -888 -3.20 6 20.00 0.0194
2023-05-12 2023-03-31 13F NORFOLK SOUTHN COM 655844108 27,781 -1,692 -5.74 6 -28.57 0.0199
2023-02-13 2022-12-31 13F NORFOLK SOUTHN COM 655844108 29,473 553 1.91 7 -99.88 0.0257
2022-11-10 2022-09-30 13F NORFOLK SOUTHN COM 655844108 28,920 528 1.86 6,063 -6.04 0.0233
2022-08-10 2022-06-30 13F NORFOLK SOUTHN COM 655844108 28,392 -2,646 -8.53 6,453 -27.11 0.0227
2022-05-12 2022-03-31 13F NORFOLK SOUTHN COM 655844108 31,038 -1,078 -3.36 8,853 -7.41 0.0281
2022-02-14 2021-12-31 13F NORFOLK SOUTHN COM 655844108 32,116 -1,875 -5.52 9,561 17.57 0.0275
2021-11-12 2021-09-30 13F NORFOLK SOUTHN COM 655844108 33,991 1,094 3.33 8,132 -6.86 0.0267
2021-08-12 2021-06-30 13F NORFOLK SOUTHN COM 655844108 32,897 -2,108 -6.02 8,731 -7.12 0.0244
2021-05-11 2021-03-31 13F NORFOLK SOUTHN COM 655844108 35,005 -1,342 -3.69 9,400 8.85 0.0274
2021-02-08 2020-12-31 13F NORFOLK SOUTHN COM 655844108 36,347 1,736 5.02 8,636 16.61 0.0274
2020-11-12 2020-09-30 13F NORFOLK SOUTHN COM 655844108 34,611 -10,217 -22.79 7,406 -5.90 0.0322
2020-08-13 2020-06-30 13F NORFOLK SOUTHERN COM 655844108 44,828 7,117 18.87 7,870 42.93 0.0356
2020-05-15 2020-03-31 13F NORFOLK SOUTHERN COM 655844108 37,711 5,762 18.03 5,506 -11.22 0.0282
2020-02-13 2019-12-31 13F NORFOLK SOUTHERN COM 655844108 31,949 5,652 21.49 6,202 31.26 0.0253
2019-11-13 2019-09-30 13F NORFOLK SOUTHERN COM 655844108 26,297 -6,860 -20.69 4,725 -28.51 0.0212
2019-08-08 2019-06-30 13F NORFOLK SOUTHERN COM 655844108 33,157 -4,971 -13.04 6,609 -7.26 0.0293
2019-05-09 2019-03-31 13F NORFOLK SOUTHERN COM 655844108 38,128 3,586 10.38 7,126 37.97 0.0328
2019-02-13 2018-12-31 13F NORFOLK SOUTHERN COM 655844108 34,542 -18,557 -34.95 5,165 -46.11 0.0264
2018-11-09 2018-09-30 13F NORFOLK SOUTHERN COM 655844108 53,099 411 0.78 9,584 20.57 0.0411
2018-08-08 2018-06-30 13F NORFOLK SOUTHERN COM 655844108 52,688 26,633 102.22 7,949 124.67 0.0347
2018-05-18 2018-03-31 13F NORFOLK SOUTHERN COM 655844108 26,055 9,401 56.45 3,538 46.62 0.0146
2018-02-01 2017-12-31 13F NORFOLK SOUTHERN COM 655844108 16,654 -28,434 -63.06 2,413 -59.53 0.0109
2017-11-13 2017-09-30 13F NORFOLK SOUTHERN COM 655844108 45,088 -26,428 -36.95 5,962 -31.49 0.0286
2017-08-10 2017-06-30 13F NORFOLK SOUTHERN COM 655844108 71,516 50,213 235.71 8,703 264.91 0.0370
2017-05-08 2017-03-31 13F NORFOLK SOUTHERN COM 655844108 21,303 -3,143 -12.86 2,385 -9.73 0.0077
2017-05-08 2016-12-31 13F/A-1 NORFOLK SOUTHERN COM 655844108 24,446 -13,970 -36.37 2,642 -29.15 0.0098
2017-01-09 2016-12-31 13F NORFOLK SOUTHERN COM 655844108 24,446 -13,970 2,642 0.0109
2017-05-08 2016-09-30 13F/A-1 NORFOLK SOUTHERN COM 655844108 38,416 10,779 39.00 3,729 58.48 0.0152
2016-11-03 2016-09-30 13F NORFOLK SOUTHERN COM 655844108 38,416 10,779 3,729 0.0160
2016-07-21 2016-06-30 13F NORFOLK SOUTHERN COM 655844108 27,637 -1,101 -3.83 2,353 -1.63 0.0104
2016-05-04 2016-03-31 13F NORFOLK SOUTHERN COM 655844108 28,738 -34 -0.12 2,392 -1.73 0.0111
2016-01-14 2015-12-31 13F NORFOLK SOUTHERN COM 655844108 28,772 -1,146 -3.83 2,434 6.47 0.0123
2015-10-26 2015-09-30 13F/A-1 NORFOLK SOUTHERN COM 655844108 29,918 1,710 6.06 2,286 -7.22 0.0113
2015-10-22 2015-09-30 13F NORFOLK SOUTHERN COM 655844108 29,918 1,710 2,286 0.0115
2015-07-22 2015-06-30 13F NORFOLK SOUTHERN COM 655844108 28,208 -4,108 -12.71 2,464 -25.92 0.0107
2015-04-23 2015-03-31 13F NORFOLK SOUTHERN COM 655844108 32,316 32,316 0.00 3,326 0.0136
2015-02-04 2014-12-31 13F NORFOLK SOUTHERN COM 655844108 0 -24,706 -100.00 0 -100.00
2014-10-22 2014-09-30 13F NORFOLK SOUTHERN COM 655844108 24,706 300 1.23 2,757 9.62 0.0099
2014-08-08 2014-06-30 13F NORFOLK SOUTHERN COM 655844108 24,406 754 3.19 2,515 9.44 0.0087
2014-05-13 2014-03-31 13F NORFOLK SOUTHERN COM 655844108 23,652 1,805 8.26 2,298 13.31 0.0088
2014-02-07 2013-12-31 13F NORFOLK SOUTHERN COM 655844108 21,847 -3,805 -14.83 2,028 2.22 0.0084
2013-11-05 2013-09-30 13F NORFOLK SOUTHERN COM 655844108 25,652 2,462 10.62 1,984 17.74 0.0082
2013-08-07 2013-06-30 13F NORFOLK SOUTHERN COM 655844108 23,190 23,190 1,685 0.0076
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.