Norfolk Southern Corporation
MX ˙ BMV ˙ US6558441084
SecurityMX:NSC / Norfolk Southern Corporation
InstitutionPanagora Asset Management Inc
Latest Disclosed Ownership21,644 shares
Latest Disclosed Value $ 6,211,828
Panagora Asset Management Inc reports 702.52% increase in ownership of NSC / Norfolk Southern Corporation

On May 14, 2026 - Panagora Asset Management Inc filed a 13F-HR form disclosing ownership of 21,644 shares of Norfolk Southern Corporation (MX:NSC) valued at $6,211,828 USD as of March 31, 2026. The entity filed a previous 13F-HR on February 13, 2026 disclosing 2,697 shares of Norfolk Southern Corporation. This represents a change in shares of 702.52% 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)
2026-05-14 2026-03-31 13F NORFOLK SOUTHN COM 655844108 21,644 18,947 702.52 6,212 698.33 0.0233
2026-02-13 2025-12-31 13F NORFOLK SOUTHN COM 655844108 2,697 616 29.60 779 24.48 0.0028
2025-11-13 2025-09-30 13F NORFOLK SOUTHN COM 655844108 2,081 0 0.00 625 17.48 0.0025
2025-08-13 2025-06-30 13F NORFOLK SOUTHN COM 655844108 2,081 -9 -0.43 533 7.47 0.0024
2025-05-15 2025-03-31 13F NORFOLK SOUTHN COM 655844108 2,090 0 0.00 495 1.02 0.0025
2025-02-13 2024-12-31 13F NORFOLK SOUTHN COM 655844108 2,090 -1 -0.05 491 -5.59 0.0023
2024-11-13 2024-09-30 13F NORFOLK SOUTHN COM 655844108 2,091 -1 -0.05 520 15.59 0.0025
2024-07-29 2024-06-30 13F NORFOLK SOUTHN COM 655844108 2,092 -1,472 -41.30 449 -50.55 0.0023
2024-05-07 2024-03-31 13F NORFOLK SOUTHN COM 655844108 3,564 0 0.00 908 7.84 0.0047
2024-02-08 2023-12-31 13F NORFOLK SOUTHN COM 655844108 3,564 0 0.00 842 20.11 0.0047
2023-10-31 2023-09-30 13F NORFOLK SOUTHN COM 655844108 3,564 2 0.06 702 -13.14 0.0044
2023-08-11 2023-06-30 13F NORFOLK SOUTHN COM 655844108 3,562 -1,304 -26.80 808 -21.73 0.0048
2023-05-12 2023-03-31 13F NORFOLK SOUTHN COM 655844108 4,866 -804 -14.18 1,032 -26.20 0.0065
2023-02-13 2022-12-31 13F NORFOLK SOUTHN COM 655844108 5,670 -8,457 -59.86 1,397 -52.84 0.0092
2022-11-14 2022-09-30 13F NORFOLK SOUTHN COM 655844108 14,127 -103,082 -87.95 2,962 -88.88 0.0205
2022-08-15 2022-06-30 13F NORFOLK SOUTHN COM 655844108 117,209 86,841 285.96 26,640 207.55 0.1746
2022-05-12 2022-03-31 13F NORFOLK SOUTHN COM 655844108 30,368 2,594 9.34 8,662 4.75 0.0472
2022-02-10 2021-12-31 13F NORFOLK SOUTHN COM 655844108 27,774 -10,554 -27.54 8,269 -9.83 0.0438
2021-11-10 2021-09-30 13F NORFOLK SOUTHN COM 655844108 38,328 -180 -0.47 9,170 -10.27 0.0490
2021-08-11 2021-06-30 13F NORFOLK SOUTHN COM 655844108 38,508 15,433 66.88 10,220 64.95 0.0548
2021-05-12 2021-03-31 13F NORFOLK SOUTHERN COMMON 655844108 23,075 17,933 348.76 6,196 407.04 0.0348
2021-02-10 2020-12-31 13F NORFOLK SOUTHERN COMMON 655844108 5,142 -776 -13.11 1,222 -3.48 0.0072
2020-11-13 2020-09-30 13F NORFOLK SOUTHERN COMMON 655844108 5,918 0 0.00 1,266 21.85 0.0079
2020-08-12 2020-06-30 13F NORFOLK SOUTHERN COMMON 655844108 5,918 -5,005 -45.82 1,039 -34.86 0.0066
2020-05-14 2020-03-31 13F NORFOLK SOUTHERN COMMON 655844108 10,923 1,697 18.39 1,595 -10.94 0.0113
2020-02-12 2019-12-31 13F NORFOLK SOUTHERN COMMON 655844108 9,226 -38 -0.41 1,791 7.63 0.0081
2019-11-12 2019-09-30 13F NORFOLK SOUTHERN COMMON 655844108 9,264 -1,573 -14.52 1,664 -22.96 0.0077
2019-08-09 2019-06-30 13F NORFOLK SOUTHERN COMMON 655844108 10,837 -185,104 -94.47 2,160 -94.10 0.0097
2019-05-15 2019-03-31 13F NORFOLK SOUTHERN COMMON 655844108 195,941 -25,140 -11.37 36,619 10.77 0.1628
2019-02-14 2018-12-31 13F NORFOLK SOUTHERN COMMON 655844108 221,081 3,061 1.40 33,060 -15.99 0.1539
2018-11-13 2018-09-30 13F NORFOLK SOUTHERN COMMON 655844108 218,020 203,132 1,364.40 39,353 1,652.14 0.1481
2018-11-13 2018-09-30 13F Gramercy Property Trust REIT 385002308 41,916 -8,425 1,150 0.0043
2018-08-14 2018-06-30 13F NORFOLK SOUTHERN COMMON 655844108 14,888 -33,768 -69.40 2,246 -66.01 0.0089
2018-08-14 2018-06-30 13F Gramercy Property Trust REIT 385002308 50,341 1,685 1,375 0.0055
2018-05-15 2018-03-31 13F NORFOLK SOUTHERN COMMON 655844108 48,656 -88,071 -64.41 6,607 -66.65 0.0261
2018-02-14 2017-12-31 13F NORFOLK SOUTHERN COMMON 655844108 136,727 118,020 630.89 19,812 700.81 0.0743
2017-11-14 2017-09-30 13F NORFOLK SOUTHERN COMMON 655844108 18,707 -2,321 -11.04 2,474 -3.32 0.0098
2017-11-14 2017-09-30 13F Gramercy Property Trust REIT 385002308 5,013 0 152 0.0006
2017-08-14 2017-06-30 13F NORFOLK SOUTHERN COMMON 655844108 21,028 8,350 65.86 2,559 80.21 0.0103
2017-08-14 2017-06-30 13F Gramercy Property Trust REIT 385002308 5,013 -7,665 149 0.0006
2017-05-15 2017-03-31 13F NORFOLK SOUTHERN COMMON 655844108 12,678 -963 -7.06 1,420 -3.66 0.0059
2017-02-14 2016-12-31 13F NORFOLK SOUTHERN COMMON 655844108 13,641 857 6.70 1,474 18.78 0.0068
2016-11-14 2016-09-30 13F NORFOLK SOUTHERN COMMON 655844108 12,784 -2,100 -14.11 1,241 -2.05 0.0059
2016-08-15 2016-06-30 13F NORFOLK SOUTHERN COMMON 655844108 14,884 1,623 12.24 1,267 14.76 0.0063
2016-05-16 2016-03-31 13F NORFOLK SOUTHERN COMMON 655844108 13,261 -186 -1.38 1,104 -2.90 0.0055
2016-02-12 2015-12-31 13F NORFOLK SOUTHERN COMMON 655844108 13,447 -650 -4.61 1,137 5.57 0.0056
2015-11-13 2015-09-30 13F NORFOLK SOUTHERN COMMON 655844108 14,097 -7,391 -34.40 1,077 -42.62 0.0057
2015-08-14 2015-06-30 13F NORFOLK SOUTHERN COMMON 655844108 21,488 -2,532 -10.54 1,877 -24.07 0.0094
2015-05-15 2015-03-31 13F NORFOLK SOUTHERN COMMON 655844108 24,020 -324,845 -93.11 2,472 -93.54 0.0126
2015-02-13 2014-12-31 13F NORFOLK SOUTHERN COMMON 655844108 348,865 324,449 1,328.84 38,239 1,303.27 0.1956
2014-11-12 2014-09-30 13F NORFOLK SOUTHERN COMMON 655844108 24,416 -803 -3.18 2,725 4.89 0.0132
2014-08-14 2014-06-30 13F NORFOLK SOUTHERN COMMON 655844108 25,219 -121,313 -82.79 2,598 -81.75 0.0126
2014-05-15 2014-03-31 13F NORFOLK SOUTHERN COMMON 655844108 146,532 -105,331 -41.82 14,239 -39.10 0.0672
2014-02-21 2013-12-31 13F NORFOLK SOUTHERN COMMON 655844108 251,863 133,828 113.38 23,380 156.08 0.1083
2013-11-14 2013-09-30 13F NORFOLK SOUTHERN COMMON 655844108 118,035 78,683 199.95 9,130 219.34 0.0448
2013-08-14 2013-06-30 13F NORFOLK SOUTHERN COMMON 655844108 39,352 39,352 2,859 0.0146
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.