Norfolk Southern Corporation
MX ˙ BMV ˙ US6558441084
SecurityMX:NSC / Norfolk Southern Corporation
InstitutionPrincipal Financial Group Inc
Latest Disclosed Ownership265,570 shares
Latest Disclosed Value $ 76,218,590
Principal Financial Group Inc reports 1.76% decrease in ownership of NSC / Norfolk Southern Corporation

On May 4, 2026 - Principal Financial Group Inc filed a 13F-HR form disclosing ownership of 265,570 shares of Norfolk Southern Corporation (MX:NSC) valued at $76,218,590 USD as of March 31, 2026. The entity filed a previous 13F-HR on February 2, 2026 disclosing 270,326 shares of Norfolk Southern Corporation. This represents a change in shares of -1.76% 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)
2026-05-04 2026-03-31 13F NORFOLK SOUTHN COM 655844108 265,570 -4,756 -1.76 76,219 -2.34 0.0407
2026-02-02 2025-12-31 13F NORFOLK SOUTHN COM 655844108 270,326 20,140 8.05 78,049 3.85 0.0398
2025-11-04 2025-09-30 13F NORFOLK SOUTHN COM 655844108 250,186 2,049 0.83 75,158 18.33 0.0379
2025-08-08 2025-06-30 13F NORFOLK SOUTHN COM 655844108 248,137 -3,849 -1.53 63,516 6.42 0.0336
2025-04-28 2025-03-31 13F NORFOLK SOUTHN COM 655844108 251,986 -1,303 -0.51 59,683 0.40 0.0335
2025-01-31 2024-12-31 13F NORFOLK SOUTHN COM 655844108 253,289 -1,911 -0.75 59,447 -6.26 0.0324
2024-10-31 2024-09-30 13F NORFOLK SOUTHN COM 655844108 255,200 8,844 3.59 63,417 19.90 0.0349
2024-07-29 2024-06-30 13F NORFOLK SOUTHN COM 655844108 246,356 -4,586 -1.83 52,890 -17.30 0.0314
2024-04-29 2024-03-31 13F NORFOLK SOUTHN COM 655844108 250,942 -542 -0.22 63,958 7.59 0.0376
2024-02-07 2023-12-31 13F NORFOLK SOUTHN COM 655844108 251,484 -1,855 -0.73 59,446 19.15 0.0379
2023-11-02 2023-09-30 13F NORFOLK SOUTHN COM 655844108 253,339 -3,670 -1.43 49,890 -14.39 0.0358
2023-08-07 2023-06-30 13F NORFOLK SOUTHN COM 655844108 257,009 -5,776 -2.20 58,279 4.61 0.0398
2023-05-09 2023-03-31 13F NORFOLK SOUTHN COM 655844108 262,785 1,620 0.62 55,710 -13.43 0.0398
2023-02-09 2022-12-31 13F NORFOLK SOUTHN COM 655844108 261,165 -10,952 -4.02 64,356 12.81 0.0485
2022-11-09 2022-09-30 13F NORFOLK SOUTHN COM 655844108 272,117 -9,467 -3.36 57,049 -10.86 0.0453
2022-08-10 2022-06-30 13F NORFOLK SOUTHN COM 655844108 281,584 268,662 2,079.11 64,002 1,636.35 0.0474
2022-05-09 2022-03-31 13F NORFOLK SOUTHN COM 655844108 12,922 -273,220 -95.48 3,686 -95.67 0.0015
2022-05-09 2022-03-31 13F NORFOLK SOUTHN COM 655844108 283,735 80,927
2022-02-09 2021-12-31 13F NORFOLK SOUTHN COM 655844108 286,142 -10,457 -3.53 85,187 20.05 0.0509
2021-11-09 2021-09-30 13F NORFOLK SOUTHN COM 655844108 296,599 -545 -0.18 70,962 -10.02 0.0463
2021-08-10 2021-06-30 13F NORFOLK SOUTHN COM 655844108 297,144 -18,860 -5.97 78,865 -7.06 0.0510
2021-05-10 2021-03-31 13F NORFOLK SOUTHN COM 655844108 316,004 -27,784 -8.08 84,853 3.88 0.0599
2021-02-23 2020-12-31 13F/A-1 NORFOLK SOUTHN COM 655844108 343,788 -24,127 -6.56 81,687 3.76 0.0605
2021-02-08 2020-12-31 13F NORFOLK SOUTHN COM 655844108 343,788 -24,127 81,687 32,136.9247
2020-11-06 2020-09-30 13F NORFOLK SOUTHN COM 655844108 367,915 -23,423 -5.99 78,730 14.59 0.0663
2020-08-05 2020-06-30 13F NORFOLK SOUTHERN COM 655844108 391,338 7,689 2.00 68,707 22.66 0.0609
2020-05-12 2020-03-31 13F NORFOLK SOUTHERN COM 655844108 383,649 24,132 6.71 56,012 -19.75 0.0620
2020-02-05 2019-12-31 13F NORFOLK SOUTHERN COM 655844108 359,517 -21,694 -5.69 69,793 1.91 0.0582
2019-11-13 2019-09-30 13F NORFOLK SOUTHERN COM 655844108 381,211 -59,347 -13.47 68,488 -22.01 0.0604
2019-08-12 2019-06-30 13F NORFOLK SOUTHERN COM 655844108 440,558 -25,457 -5.46 87,817 0.83 0.0790
2019-05-10 2019-03-31 13F NORFOLK SOUTHERN COM 655844108 466,015 -69,132 -12.92 87,093 8.83 0.0811
2019-02-14 2018-12-31 13F NORFOLK SOUTHERN COM 655844108 535,147 -146,796 -21.53 80,026 -34.99 0.0853
2018-11-14 2018-09-30 13F NORFOLK SOUTHERN COM 655844108 681,943 -106,313 -13.49 123,091 3.50 0.1085
2018-11-14 2018-09-30 13F GRAMERCY PPTY TR COM NEW 385002308 14,926 -1,708,206 410 0.0004
2018-08-13 2018-06-30 13F NORFOLK SOUTHERN COM 655844108 788,256 -19,535 -2.42 118,924 8.43 0.1093
2018-08-13 2018-06-30 13F GRAMERCY PPTY TR COM NEW 385002308 1,723,132 -4,245,976 47,075 0.0433
2018-05-14 2018-03-31 13F NORFOLK SOUTHERN COM 655844108 807,791 -45,660 -5.35 109,682 -11.31 0.1054
2018-05-14 2018-03-31 13F GRAMERCY PPTY TR COM NEW 385002308 5,969,108 1,641,496 129,710 0.1247
2018-02-12 2017-12-31 13F NORFOLK SOUTHERN COM 655844108 853,451 -3,041 -0.36 123,665 9.18 0.1139
2018-02-12 2017-12-31 13F GRAMERCY PPTY TR COM NEW 385002308 4,327,612 745,378 115,374 0.1062
2017-11-02 2017-09-30 13F NORFOLK SOUTHERN COM 655844108 856,492 -181,360 -17.47 113,262 -10.33 0.1098
2017-11-02 2017-09-30 13F GRAMERCY PPTY TR COM NEW 385002308 3,582,234 42,792 108,362 0.1051
2017-08-08 2017-06-30 13F NORFOLK SOUTHERN COM 655844108 1,037,852 -200,718 -16.21 126,306 -8.92 0.1266
2017-08-08 2017-06-30 13F GRAMERCY PPTY TR COM NEW 385002308 3,539,442 2,178,912 105,158 0.1054
2017-05-11 2017-03-31 13F NORFOLK SOUTHERN COM 655844108 1,238,570 131,951 11.92 138,683 15.96 0.1669
2017-05-11 2017-03-31 13F GRAMERCY PPTY TR COM NEW 385002308 1,360,530 253,911 35,782 0.0431
2017-02-13 2016-12-31 13F NORFOLK SOUTHERN COM 655844108 1,106,619 695,426 169.12 119,593 199.65 0.1517
2016-11-10 2016-09-30 13F NORFOLK SOUTHERN COM 655844108 411,193 5,147 1.27 39,911 15.46 0.0527
2016-08-09 2016-06-30 13F NORFOLK SOUTHERN COM 655844108 406,046 7,475 1.88 34,566 4.17 0.0482
2016-05-10 2016-03-31 13F NORFOLK SOUTHERN COM 655844108 398,571 8,831 2.27 33,181 0.65 0.0482
2016-02-09 2015-12-31 13F NORFOLK SOUTHERN COM 655844108 389,740 1,002 0.26 32,968 11.00 0.0490
2015-11-12 2015-09-30 13F/A-1 NORFOLK SOUTHERN COM 655844108 388,738 -533 -0.14 29,700 -12.66 0.0467
2015-11-09 2015-09-30 13F NORFOLK SOUTHERN COM 655844108 388,738 29,700
2015-08-10 2015-06-30 13F NORFOLK SOUTHERN COM 655844108 389,271 -6,211 -1.57 34,006 -16.45 0.0507
2015-05-14 2015-03-31 13F/A-1 NORFOLK SOUTHERN COM 655844108 395,482 7,664 1.98 40,702 -4.25 0.0606
2015-05-12 2015-03-31 13F NORFOLK SOUTHERN COM 655844108 395,482 40,703
2015-02-12 2014-12-31 13F NORFOLK SOUTHERN COM 655844108 387,818 15,216 4.08 42,509 2.23 0.0660
2014-11-13 2014-09-30 13F NORFOLK SOUTHERN COM 655844108 372,602 8,166 2.24 41,582 10.74 0.0705
2014-08-12 2014-06-30 13F NORFOLK SOUTHERN COM 655844108 364,436 -1,078,641 -74.75 37,548 -73.22 0.0631
2014-05-13 2014-03-31 13F NORFOLK SOUTHERN COM 655844108 1,443,077 202,171 16.29 140,224 21.73 0.2501
2014-02-12 2013-12-31 13F NORFOLK SOUTHERN COM 655844108 1,240,906 883,915 247.60 115,193 317.15 0.2150
2013-11-05 2013-09-30 13F NORFOLK SOUTHERN COM 655844108 356,991 -13,221 -3.57 27,614 2.67 0.0570
2013-08-12 2013-06-30 13F NORFOLK SOUTHERN COM 655844108 370,212 370,212 26,896 0.0596
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.