Norfolk Southern Corporation
MX ˙ BMV ˙ US6558441084
SecurityMX:NSC / Norfolk Southern Corporation
InstitutionHowland Capital Management Llc
Latest Disclosed Ownership2,277 shares
Latest Disclosed Value $ 653,499
Howland Capital Management Llc ownership in NSC / Norfolk Southern Corporation

On April 14, 2026 - Howland Capital Management Llc filed a 13F-HR form disclosing ownership of 2,277 shares of Norfolk Southern Corporation (MX:NSC) valued at $653,499 USD as of March 31, 2026. The entity filed a previous 13F-HR on February 12, 2026 disclosing 2,277 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)
2026-04-14 2026-03-31 13F NORFOLK SOUTHN COM 655844108 2,277 0 0.00 653 -0.61 0.0258
2026-02-12 2025-12-31 13F NORFOLK SOUTHN COM 655844108 2,277 0 0.00 657 -3.95 0.0250
2025-10-29 2025-09-30 13F NORFOLK SOUTHN COM 655844108 2,277 0 0.00 684 17.53 0.0261
2025-08-15 2025-06-30 13F NORFOLK SOUTHN COM 655844108 2,277 111 5.12 583 13.45 0.0237
2025-05-08 2025-03-31 13F NORFOLK SOUTHN COM 655844108 2,166 0 0.00 513 0.98 0.0229
2025-01-28 2024-12-31 13F NORFOLK SOUTHN COM 655844108 2,166 0 0.00 508 -5.58 0.0223
2024-11-12 2024-09-30 13F NORFOLK SOUTHN COM 655844108 2,166 -4 -0.18 538 15.70 0.0233
2024-08-12 2024-06-30 13F NORFOLK SOUTHN COM 655844108 2,170 0 0.00 466 -15.91 0.0223
2024-05-03 2024-03-31 13F NORFOLK SOUTHN COM 655844108 2,170 -602 -21.72 553 -15.57 0.0267
2024-01-23 2023-12-31 13F NORFOLK SOUTHN COM 655844108 2,772 0 0.00 655 20.18 0.0346
2023-10-17 2023-09-30 13F NORFOLK SOUTHN COM 655844108 2,772 0 0.00 546 -13.22 0.0318
2023-07-28 2023-06-30 13F NORFOLK SOUTHN COM 655844108 2,772 0 0.00 629 6.98 0.0361
2023-05-05 2023-03-31 13F NORFOLK SOUTHN COM 655844108 2,772 -800 -22.40 588 -33.30 0.0354
2023-01-30 2022-12-31 13F NORFOLK SOUTHN COM 655844108 3,572 -100 -2.72 880 14.29 0.0543
2022-10-17 2022-09-30 13F NORFOLK SOUTHN COM 655844108 3,672 2,600 242.54 770 215.57 0.0495
2022-07-22 2022-06-30 13F NORFOLK SOUTHN COM 655844108 1,072 0 0.00 244 -20.26 0.0150
2022-04-27 2022-03-31 13F NORFOLK SOUTHN COM 655844108 1,072 0 0.00 306 -4.08 0.0165
2022-01-26 2021-12-31 13F NORFOLK SOUTHN COM 655844108 1,072 -894 -45.47 319 -32.13 0.0162
2021-10-25 2021-09-30 13F/A-1 NORFOLK SOUTHN COM 655844108 1,966 -300 -13.24 470 -21.80 0.0247
2021-10-25 2021-09-30 13F NORFOLK SOUTHN COM 655844108 1,966 -300 470 0.0247
2021-07-28 2021-06-30 13F NORFOLK SOUTHN COM 655844108 2,266 -40 -1.73 601 -2.91 0.0311
2021-04-28 2021-03-31 13F NORFOLK SOUTHN COM 655844108 2,306 6 0.26 619 13.16 0.0345
2021-01-26 2020-12-31 13F NORFOLK SOUTHN COM 655844108 2,300 0 0.00 547 11.18 0.0321
2020-10-26 2020-09-30 13F NORFOLK SOUTHN COM 655844108 2,300 -190 -7.63 492 12.59 0.0324
2020-07-15 2020-06-30 13F NORFOLK SOUTHERN COM 655844108 2,490 0 0.00 437 20.05 0.0313
2020-04-27 2020-03-31 13F/A-02 NORFOLK SOUTHERN COM 655844108 2,490 -6 -0.24 364 -24.95 0.0319
2020-04-13 2020-03-31 13F NORFOLK SOUTHERN COM 655844108 2,490 -6 364 32,593.9988
2020-01-23 2019-12-31 13F NORFOLK SOUTHERN COM 655844108 2,496 6 0.24 485 8.50 0.0344
2019-10-22 2019-09-30 13F NORFOLK SOUTHERN COM 655844108 2,490 0 0.00 447 -9.88 0.0339
2019-07-17 2019-06-30 13F NORFOLK SOUTHERN COM 655844108 2,490 0 0.00 496 6.67 0.0383
2019-04-22 2019-03-31 13F NORFOLK SOUTHERN COM 655844108 2,490 0 0.00 465 25.00 0.0379
2019-01-23 2018-12-31 13F NORFOLK SOUTHERN COM 655844108 2,490 0 0.00 372 -17.15 0.0350
2018-10-25 2018-09-30 13F NORFOLK SOUTHERN COM 655844108 2,490 274 12.36 449 34.43 0.0341
2018-07-23 2018-06-30 13F NORFOLK SOUTHERN COM 655844108 2,216 0 0.00 334 10.96 0.0266
2018-05-02 2018-03-31 13F NORFOLK SOUTHERN COM 655844108 2,216 26 1.19 301 -5.05 0.0242
2018-02-01 2017-12-31 13F NORFOLK SOUTHERN COM 655844108 2,190 -1,077 -32.97 317 -26.62 0.0254
2017-10-30 2017-09-30 13F NORFOLK SOUTHERN COM 655844108 3,267 0 0.00 432 8.54 0.0357
2017-07-25 2017-06-30 13F NORFOLK SOUTHERN COM 655844108 3,267 0 0.00 398 8.74 0.0337
2017-04-18 2017-03-31 13F Norfolk Southern COM 655844108 3,267 -600 -15.52 366 -12.44 0.0317
2017-01-09 2016-12-31 13F Norfolk Southern COM 655844108 3,867 0 0.00 418 11.47 0.0390
2016-10-13 2016-09-30 13F Norfolk Southern COM 655844108 3,867 -40 -1.02 375 12.61 0.0348
2016-07-07 2016-06-30 13F Norfolk Southern COM 655844108 3,907 377 10.68 333 13.27 0.0314
2016-04-14 2016-03-31 13F Norfolk Southern COM 655844108 3,530 0 0.00 294 -1.67 0.0299
2016-02-09 2015-12-31 13F Norfolk Southern COM 655844108 3,530 -130 -3.55 299 6.79 0.0303
2015-10-19 2015-09-30 13F Norfolk Southern COM 655844108 3,660 0 0.00 280 -12.50 0.0305
2015-08-25 2015-06-30 13F Norfolk Southern COM 655844108 3,660 0 0.00 320 -15.12 0.0328
2015-05-11 2015-03-31 13F Norfolk Southern COM 655844108 3,660 3,660 0.00 377 0.0384
2015-02-03 2014-12-31 13F Norfolk Southern COM 655844108 0 -3,060 -100.00 0 -100.00
2014-11-10 2014-09-30 13F Norfolk Southern COM 655844108 3,060 -100 -3.16 341 4.60 0.0351
2014-08-26 2014-06-30 13F Norfolk Southern COM 655844108 3,160 700 28.46 326 36.40 0.0333
2014-04-24 2014-03-31 13F Norfolk Southern COM 655844108 2,460 0 0.00 239 4.82 0.0271
2014-03-21 2013-12-31 13F/A-1 Norfolk Southern COM 655844108 2,460 2,460 228 0.0283
2014-02-07 2013-12-31 13F Norfolk Southern COM 655844108 4,920 456
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.