Norfolk Southern Corporation
MX ˙ BMV ˙ US6558441084
SecurityMX:NSC / Norfolk Southern Corporation
InstitutionSequoia Financial Advisors, LLC
Latest Disclosed Ownership15,524 shares
Latest Disclosed Value $ 4,455,416
Sequoia Financial Advisors, LLC reports 80.08% decrease in ownership of NSC / Norfolk Southern Corporation

On April 30, 2026 - Sequoia Financial Advisors, LLC filed a 13F-HR form disclosing ownership of 15,524 shares of Norfolk Southern Corporation (MX:NSC) valued at $4,455,416 USD as of March 31, 2026. The entity filed a previous 13F-HR on February 3, 2026 disclosing 77,915 shares of Norfolk Southern Corporation. This represents a change in shares of -80.08% 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)
2026-04-30 2026-03-31 13F NORFOLK SOUTHN COM 655844108 15,524 -62,391 -80.08 4,455 -80.20 0.0249
2026-02-03 2025-12-31 13F NORFOLK SOUTHN COM 655844108 77,915 1,415 1.85 22,496 -2.11 0.1255
2025-10-29 2025-09-30 13F NORFOLK SOUTHN COM 655844108 76,500 443 0.58 22,981 18.04 0.1396
2025-07-25 2025-06-30 13F NORFOLK SOUTHN COM 655844108 76,057 3,367 4.63 19,468 13.08 0.1333
2025-04-23 2025-03-31 13F NORFOLK SOUTHN COM 655844108 72,690 -899 -1.22 17,217 -0.32 0.1329
2025-08-08 2024-12-31 13F/A-1 NORFOLK SOUTHN COM 655844108 73,589 8,340 12.78 17,271 6.52 0.1662
2025-02-07 2024-12-31 13F NORFOLK SOUTHN COM 655844108 73,589 8,340 17,271 0.1669
2024-10-21 2024-09-30 13F NORFOLK SOUTHN COM 655844108 65,249 9,342 16.71 16,214 35.09 0.1739
2024-07-15 2024-06-30 13F NORFOLK SOUTHN COM 655844108 55,907 9,193 19.68 12,003 0.81 0.1446
2024-04-30 2024-03-31 13F NORFOLK SOUTHN COM 655844108 46,714 -1,315 -2.74 11,906 4.86 0.1480
2024-01-26 2023-12-31 13F NORFOLK SOUTHN COM 655844108 48,029 45,353 1,694.81 11,353 2,058.37 0.1408
2023-11-08 2023-09-30 13F NORFOLK SOUTHN COM 655844108 2,676 -298 -10.02 527 -21.96 0.0092
2023-08-08 2023-06-30 13F NORFOLK SOUTHN COM 655844108 2,974 -149 -4.77 674 1.81 0.0116
2023-04-25 2023-03-31 13F NORFOLK SOUTHN COM 655844108 3,123 -106 -3.28 662 -16.73 0.0147
2023-02-10 2022-12-31 13F/A-1 NORFOLK SOUTHN COM 655844108 3,229 1,221 60.81 796 88.84 0.0196
2023-01-18 2022-12-31 13F NORFOLK SOUTHN COM 655844108 3,229 1,221 796 0.0180
2022-10-26 2022-09-30 13F NORFOLK SOUTHN COM 655844108 2,008 -212 -9.55 421 -16.63 0.0133
2022-07-22 2022-06-30 13F NORFOLK SOUTHN COM 655844108 2,220 274 14.08 505 -9.01 0.0143
2022-05-13 2022-03-31 13F NORFOLK SOUTHN COM 655844108 1,946 228 13.27 555 8.40 0.0139
2022-02-22 2021-12-31 13F/A-1 NORFOLK SOUTHN COM 655844108 1,718 1,718 512 0.0140
2022-02-11 2021-12-31 13F NORFOLK SOUTHN COM 655844108 1,718 1,718 512 0.0094
2021-10-26 2021-09-30 13F NORFOLK SOUTHN COM 655844108 0 -1,391 -100.00 0 -100.00
2021-07-27 2021-06-30 13F NORFOLK SOUTHN COM 655844108 1,391 -81 -5.50 369 -6.58 0.0135
2021-05-14 2021-03-31 13F NORFOLK SOUTHN COM 655844108 1,472 22 1.52 395 14.49 0.0165
2021-02-12 2020-12-31 13F NORFOLK SOUTHN COM 655844108 1,450 -33 -2.23 345 8.83 0.0158
2020-10-23 2020-09-30 13F NORFOLK SOUTHN COM 655844108 1,483 -192 -11.46 317 7.82 0.0167
2020-08-25 2020-06-30 13F/A-1 NORFOLK SOUTHERN COM 655844108 1,675 -71 -4.07 294 15.29 0.0174
2020-08-11 2020-06-30 13F NORFOLK SOUTHERN COM 655844108 0 -1,746 294 17,408.5121
2020-05-11 2020-03-31 13F NORFOLK SOUTHERN COM 655844108 1,746 -705 -28.76 255 -46.43 0.0188
2020-02-13 2019-12-31 13F NORFOLK SOUTHERN COM 655844108 2,451 99 4.21 476 12.53 0.0302
2019-10-22 2019-09-30 13F NORFOLK SOUTHERN COM 655844108 2,352 36 1.55 423 -8.44 0.0306
2019-07-31 2019-06-30 13F NORFOLK SOUTHERN COM 655844108 2,316 -7 -0.30 462 6.45 0.0344
2019-05-13 2019-03-31 13F NORFOLK SOUTHERN COM 655844108 2,323 525 29.20 434 61.34 0.0356
2019-02-14 2018-12-31 13F NORFOLK SOUTHERN COM 655844108 1,798 0 0.00 269 -17.23 0.0311
2018-11-14 2018-09-30 13F NORFOLK SOUTHERN COM 655844108 1,798 0 0.00 325 19.93 0.0323
2018-08-13 2018-06-30 13F NORFOLK SOUTHERN COM 655844108 1,798 -2 -0.11 271 11.07 0.0289
2018-05-14 2018-03-31 13F NORFOLK SOUTHERN COM 655844108 1,800 13 0.73 244 -5.79 0.0257
2018-02-13 2017-12-31 13F NORFOLK SOUTHERN COM 655844108 1,787 -17 -0.94 259 8.37 0.0273
2017-11-13 2017-09-30 13F NORFOLK SOUTHERN COM 655844108 1,804 19 1.06 239 10.14 0.0283
2017-08-09 2017-06-30 13F NORFOLK SOUTHERN COM 655844108 1,785 0 0.00 217 8.50 0.0269
2017-05-01 2017-03-31 13F NORFOLK SOUTHERN COM 655844108 1,785 1,785 200 0.0254
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.