Norfolk Southern Corporation
MX ˙ BMV ˙ US6558441084
SecurityMX:NSC / Norfolk Southern Corporation
InstitutionFounders Capital Management, Llc
Latest Disclosed Ownership1,417 shares
Latest Disclosed Value $ 406,679
Founders Capital Management, Llc ownership in NSC / Norfolk Southern Corporation

On April 23, 2026 - Founders Capital Management, Llc filed a 13F-HR form disclosing ownership of 1,417 shares of Norfolk Southern Corporation (MX:NSC) valued at $406,679 USD as of March 31, 2026. The entity filed a previous 13F-HR on January 23, 2026 disclosing 1,417 shares of Norfolk Southern Corporation. This represents a change in shares of 0.00% 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)
2026-04-23 2026-03-31 13F NORFOLK SOUTHN COM 655844108 1,417 0 0.00 407 -0.73 0.0668
2026-01-23 2025-12-31 13F NORFOLK SOUTHN COM 655844108 1,417 62 4.58 409 0.49 0.0608
2025-10-10 2025-09-30 13F NORFOLK SOUTHN COM 655844108 1,355 -347 -20.39 407 -6.44 0.0637
2025-07-14 2025-06-30 13F NORFOLK SOUTHN COM 655844108 1,702 -185 -9.80 436 -2.47 0.0742
2025-04-15 2025-03-31 13F NORFOLK SOUTHN COM 655844108 1,887 -41 -2.13 447 -1.33 0.0822
2025-01-24 2024-12-31 13F NORFOLK SOUTHN COM 655844108 1,928 0 0.00 453 -5.64 0.0793
2024-10-15 2024-09-30 13F NORFOLK SOUTHN COM 655844108 1,928 0 0.00 479 15.98 0.0831
2024-07-17 2024-06-30 13F NORFOLK SOUTHN COM 655844108 1,928 0 0.00 414 -15.89 0.0743
2024-04-22 2024-03-31 13F NORFOLK SOUTHN COM 655844108 1,928 226 13.28 491 22.14 0.0909
2024-01-23 2023-12-31 13F NORFOLK SOUTHN COM 655844108 1,702 105 6.57 402 28.03 0.0825
2023-10-24 2023-09-30 13F NORFOLK SOUTHN COM 655844108 1,597 98 6.54 314 -7.37 0.0714
2023-07-26 2023-06-30 13F NORFOLK SOUTHN COM 655844108 1,499 -509 -25.35 340 -20.24 0.0757
2023-04-18 2023-03-31 13F NORFOLK SOUTHN COM 655844108 2,008 0 0.00 426 -13.97 0.1060
2023-01-20 2022-12-31 13F NORFOLK SOUTHN COM 655844108 2,008 -239 -10.64 495 4.88 0.1330
2022-10-21 2022-09-30 13F Norfolk Southern COM 655844108 2,247 239 11.90 471 3.29 0.1320
2022-07-25 2022-06-30 13F Norfolk Southern COM 655844108 2,008 0 0.00 456 -20.42 0.1169
2022-05-03 2022-03-31 13F Norfolk Southern COM 655844108 2,008 0 0.00 573 -4.18 0.1230
2022-02-16 2021-12-31 13F/A-1 Norfolk Southern COM 655844108 2,008 0 0.00 598 24.58 0.1293
2022-01-27 2021-12-31 13F Norfolk Southern COM 655844108 2,008 0 598 0.1337
2021-10-21 2021-09-30 13F Norfolk Southern COM 655844108 2,008 0 0.00 480 -9.94 0.1213
2021-07-15 2021-06-30 13F Norfolk Southern COM 655844108 2,008 0 0.00 533 -1.11 0.1286
2021-04-12 2021-03-31 13F Norfolk Southern COM 655844108 2,008 0 0.00 539 13.00 0.1352
2021-01-15 2020-12-31 13F Norfolk Southern COM 655844108 2,008 0 0.00 477 10.93 0.1377
2020-10-19 2020-09-30 13F Norfolk Southern COM 655844108 2,008 0 0.00 430 21.81 0.1365
2020-07-08 2020-06-30 13F Norfolk Southern COM 655844108 2,008 0 0.00 353 20.48 0.1209
2020-04-20 2020-03-31 13F Norfolk Southern COM 655844108 2,008 0 0.00 293 -24.87 0.1164
2020-01-08 2019-12-31 13F Norfolk Southern COM 655844108 2,008 0 0.00 390 12.39 0.1286
2019-10-09 2019-09-30 13F Norfolk Southern COM 655844108 2,008 0 0.00 347 -13.25 0.1233
2019-07-11 2019-06-30 13F Norfolk Southern COM 655844108 2,008 0 0.00 400 6.67 0.1419
2019-04-16 2019-03-31 13F Norfolk Southern COM 655844108 2,008 0 0.00 375 25.00 0.1375
2019-01-18 2018-12-31 13F/A-1 Norfolk Southern COM 655844108 2,008 0 0.00 300 -17.81 0.1286
2019-01-15 2018-12-31 13F Norfolk Southern COM 655844108 2,008 0 300
2018-10-11 2018-09-30 13F Norfolk Southern COM 655844108 2,008 0 0.00 365 20.46 0.1489
2018-07-09 2018-06-30 13F Norfolk Southern COM 655844108 2,008 0 0.00 303 13.48 0.1382
2018-04-04 2018-03-31 13F Norfolk Southern COM 655844108 2,008 0 0.00 267 -8.25 0.1227
2018-01-11 2017-12-31 13F/A-1 Norfolk Southern COM 655844108 2,008 0 0.00 291 9.40 0.1288
2018-01-10 2017-12-31 13F Norfolk Southern COM 655844108 2,008 0 291
2017-10-24 2017-09-30 13F/A-1 Norfolk Southern COM 655844108 2,008 0 0.00 266 9.02 0.1265
2017-10-16 2017-09-30 13F Norfolk Southern COM 655844108 2,008 0 266
2017-07-20 2017-06-30 13F Norfolk Southern COM 655844108 2,008 0 0.00 244 8.44 0.1218
2017-04-25 2017-03-31 13F Norfolk Southern COM 655844108 2,008 0 0.00 225 3.69 0.1150
2017-01-17 2016-12-31 13F Norfolk Southern COM 655844108 2,008 0 0.00 217 11.28 0.1175
2016-10-11 2016-09-30 13F Norfolk Southern COM 655844108 2,008 0 0.00 195 14.04 0.1090
2016-07-14 2016-06-30 13F Norfolk Southern COM 655844108 2,008 0 0.00 171 2.40 0.0962
2016-04-05 2016-03-31 13F Norfolk Southern COM 655844108 2,008 0 0.00 167 -1.76 0.0972
2016-01-08 2015-12-31 13F Norfolk Southern COM 655844108 2,008 0 0.00 170 11.11 0.1023
2015-10-09 2015-09-30 13F Norfolk Southern COM 655844108 2,008 0 0.00 153 -12.57 0.0987
2015-07-20 2015-06-30 13F Norfolk Southern COM 655844108 2,008 0 0.00 175 -15.46 0.1050
2015-04-13 2015-03-31 13F Norfolk Southern COM 655844108 2,008 0 0.00 207 -5.91 0.1237
2015-01-07 2014-12-31 13F Norfolk Southern COM 655844108 2,008 0 0.00 220 -1.79 0.1346
2014-10-08 2014-09-30 13F Norfolk Southern COM 655844108 2,008 0 0.00 224 8.21 0.1433
2014-07-16 2014-06-30 13F Norfolk Southern COM 655844108 2,008 2,008 207 0.1371
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.