Papp L Roy & Associates ownership in NSC / Norfolk Southern Corporation

Norfolk Southern Corporation

MX ˙ BMV ˙ US6558441084

Security	MX:NSC / Norfolk Southern Corporation
Institution	Papp L Roy & Associates
Latest Disclosed Ownership	2,494 shares
Latest Disclosed Value	$ 715,778

On April 14, 2026 - Papp L Roy & Associates filed a 13F-HR form disclosing ownership of 2,494 shares of Norfolk Southern Corporation (MX:NSC) valued at $715,778 USD as of March 31, 2026. The entity filed a previous 13F-HR on January 28, 2026 disclosing 2,494 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 Premium Registration Required .

Disclosed Equity Positions (from 13F/NPORT Filings)

File Date	Effective Date	Form	Security	Class	ID	Reported Shares	ΔShares	ΔShares (%)	Reported Value (x1000)	ΔValue (%)	Alloc (%)
2026-04-14	2026-03-31	13F	NORFOLK SOUTHN	COM	655844108	2,494	0	0.00	716	-0.69	0.0825
2026-01-28	2025-12-31	13F	NORFOLK SOUTHN	COM	655844108	2,494	0	0.00	720	-3.87	0.0796
2025-10-09	2025-09-30	13F	NORFOLK SOUTHN	COM	655844108	2,494	0	0.00	749	17.40	0.0842
2025-07-24	2025-06-30	13F	NORFOLK SOUTHN	COM	655844108	2,494	0	0.00	638	8.14	0.0758
2025-04-10	2025-03-31	13F	NORFOLK SOUTHN	COM	655844108	2,494	0	0.00	591	0.85	0.0725
2025-01-29	2024-12-31	13F	NORFOLK SOUTHN	COM	655844108	2,494	0	0.00	585	-5.49	0.0683
2024-10-24	2024-09-30	13F	NORFOLK SOUTHN	COM	655844108	2,494	0	0.00	620	15.70	0.0750
2024-07-24	2024-06-30	13F	NORFOLK SOUTHN	COM	655844108	2,494	0	0.00	535	-15.75	0.0649
2024-04-15	2024-03-31	13F	NORFOLK SOUTHN	COM	655844108	2,494	36	1.46	636	9.29	0.0757
2024-01-19	2023-12-31	13F	NORFOLK SOUTHN	COM	655844108	2,458	-37	-1.48	581	18.33	0.0721
2023-10-19	2023-09-30	13F	NORFOLK SOUTHN	COM	655844108	2,495	-100	-3.85	491	-16.50	0.0666
2023-07-17	2023-06-30	13F	NORFOLK SOUTHN	COM	655844108	2,595	-3	-0.12	588	6.91	0.0756
2023-05-05	2023-03-31	13F	NORFOLK SOUTHN	COM	655844108	2,598	0	0.00	551	-14.06	0.0744
2023-01-17	2022-12-31	13F	NORFOLK SOUTHN	COM	655844108	2,598	0	0.00	640	17.43	0.0898
2022-10-21	2022-09-30	13F	NORFOLK SOUTHN	COM	655844108	2,598	0	0.00	545	-7.63	0.0824
2022-08-02	2022-06-30	13F	NORFOLK SOUTHN	COM	655844108	2,598	0	0.00	590	-20.38	0.0855
2022-05-06	2022-03-31	13F	NORFOLK SOUTHN	COM	655844108	2,598	0	0.00	741	-4.14	0.0925
2022-02-11	2021-12-31	13F	NORFOLK SOUTHN	COM	655844108	2,598	0	0.00	773	24.28	0.0885
2021-11-09	2021-09-30	13F	NORFOLK SOUTHN	COM	655844108	2,598	0	0.00	622	-9.86	0.0790
2021-08-09	2021-06-30	13F	NORFOLK SOUTHN	COM	655844108	2,598	800	44.49	690	42.86	0.0871
2021-05-06	2021-03-31	13F	NORFOLK SOUTHN	COM	655844108	1,798	-800	-30.79	483	-21.72	0.0693
2021-02-10	2020-12-31	13F	NORFOLK SOUTHN	COM	655844108	2,598	0	0.00	617	10.97	0.0711
2020-11-13	2020-09-30	13F	NORFOLK SOUTHN	COM	655844108	2,598	0	0.00	556	21.93	0.0714
2020-08-11	2020-06-30	13F	NORFOLK SOUTHERN	COM	655844108	2,598	0	0.00	456	20.32	0.0646
2020-05-05	2020-03-31	13F	NORFOLK SOUTHERN	COM	655844108	2,598	0	0.00	379	-24.80	0.0692
2020-02-14	2019-12-31	13F	NORFOLK SOUTHERN	COM	655844108	2,598	140	5.70	504	14.03	0.0726
2019-11-04	2019-09-30	13F	NORFOLK SOUTHERN	COM	655844108	2,458	0	0.00	442	-9.80	0.0693
2019-08-14	2019-06-30	13F	NORFOLK SOUTHERN	COM	655844108	2,458	0	0.00	490	6.75	0.0769
2019-05-09	2019-03-31	13F	NORFOLK SOUTHERN	COM	655844108	2,458	0	0.00	459	24.73	0.0826
2019-02-13	2018-12-31	13F	NORFOLK SOUTHERN	COM	655844108	2,458	0	0.00	368	-17.12	0.0769
2018-11-13	2018-09-30	13F	NORFOLK SOUTHERN	COM	655844108	2,458	0	0.00	444	19.68	0.0792
2018-08-09	2018-06-30	13F	NORFOLK SOUTHERN	COM	655844108	2,458	0	0.00	371	11.08	0.0701
2018-05-14	2018-03-31	13F	NORFOLK SOUTHERN	COM	655844108	2,458	0	0.00	334	-6.18	0.0639
2018-02-06	2017-12-31	13F	NORFOLK SOUTHERN	COM	655844108	2,458	0	0.00	356	9.54	0.0704
2017-11-06	2017-09-30	13F	NORFOLK SOUTHERN	COM	655844108	2,458	0	0.00	325	8.70	0.0703
2017-07-28	2017-06-30	13F	NORFOLK SOUTHERN	COM	655844108	2,458	0	0.00	299	8.73	0.0646
2017-05-11	2017-03-31	13F	NORFOLK SOUTHERN	COM	655844108	2,458	0	0.00	275	3.38	0.0627
2017-02-08	2016-12-31	13F	NORFOLK SOUTHERN	COM	655844108	2,458	0	0.00	266	11.30	0.0609
2016-10-21	2016-09-30	13F	NORFOLK SOUTHERN	COM	655844108	2,458	0	0.00	239	14.35	0.0554
2016-07-27	2016-06-30	13F	NORFOLK SOUTHERN	COM	655844108	2,458	-100	-3.91	209	-1.88	0.0493
2016-05-09	2016-03-31	13F	NORFOLK SOUTHERN	COM	655844108	2,558	0	0.00	213	-1.39	0.0505
2016-02-02	2015-12-31	13F	NORFOLK SOUTHERN	COM	655844108	2,558	2,558		216		0.0529

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.