Norfolk Southern Corporation
MX ˙ BMV ˙ US6558441084
SecurityMX:NSC / Norfolk Southern Corporation
InstitutionVictory Capital Management Inc
Latest Disclosed Ownership60,856 shares
Latest Disclosed Value $ 17,465,672
Victory Capital Management Inc reports 0.85% increase in ownership of NSC / Norfolk Southern Corporation

On May 15, 2026 - Victory Capital Management Inc filed a 13F-HR form disclosing ownership of 60,856 shares of Norfolk Southern Corporation (MX:NSC) valued at $17,465,672 USD as of March 31, 2026. The entity filed a previous 13F-HR on February 13, 2026 disclosing 60,342 shares of Norfolk Southern Corporation. This represents a change in shares of 0.85% 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)
2026-05-15 2026-03-31 13F NORFOLK SOUTHN COM 655844108 60,856 514 0.85 17,466 0.25 0.0084
2026-02-13 2025-12-31 13F NORFOLK SOUTHN COM 655844108 60,342 -16,907 -21.89 17,422 -24.93 0.0098
2025-11-12 2025-09-30 13F NORFOLK SOUTHN COM 655844108 77,249 -10,381 -11.85 23,206 3.46 0.0136
2025-08-13 2025-06-30 13F NORFOLK SOUTHN COM 655844108 87,630 -588 -0.67 22,431 7.35 0.0145
2025-05-02 2025-03-31 13F NORFOLK SOUTHN COM 655844108 88,218 -270 -0.31 20,894 0.61 0.0214
2025-02-06 2024-12-31 13F NORFOLK SOUTHN COM 655844108 88,488 -2,015 -2.23 20,768 -7.65 0.0204
2024-11-05 2024-09-30 13F NORFOLK SOUTHN COM 655844108 90,503 -6,379 -6.58 22,490 8.13 0.0217
2024-08-05 2024-06-30 13F NORFOLK SOUTHN COM 655844108 96,882 -15,202 -13.56 20,800 -27.19 0.0209
2024-05-03 2024-03-31 13F NORFOLK SOUTHN COM 655844108 112,084 9,133 8.87 28,567 17.39 0.0279
2024-02-05 2023-12-31 13F NORFOLK SOUTHN COM 655844108 102,951 -1,430 -1.37 24,336 18.39 0.0256
2023-11-06 2023-09-30 13F NORFOLK SOUTHN COM 655844108 104,381 10,499 11.18 20,556 -3.44 0.0236
2023-07-27 2023-06-30 13F NORFOLK SOUTHN COM 655844108 93,882 -8,528 -8.33 21,289 -1.94 0.0234
2023-05-02 2023-03-31 13F NORFOLK SOUTHN COM 655844108 102,410 -5,169 -4.80 21,711 -18.10 0.0244
2023-04-25 2022-12-31 13F/A-3 NORFOLK SOUTHN COM 655844108 107,579 8,670 8.77 26,510 27.84 0.0305
2023-03-10 2022-12-31 13F/A-2 NORFOLK SOUTHN COM 655844108 107,579 8,670 26,510 0.0289
2023-02-10 2022-12-31 13F/A-1 NORFOLK SOUTHN COM 655844108 107,579 8,670 26,510 0.0183
2023-02-09 2022-12-31 13F NORFOLK SOUTHN COM 655844108 102,036 3,127 25,081 0.0170
2022-11-02 2022-09-30 13F NORFOLK SOUTHN COM 655844108 98,909 -6,154 -5.86 20,736 -13.17 0.0242
2022-08-01 2022-06-30 13F NORFOLK SOUTHN COM 655844108 105,063 385 0.37 23,880 -11.54 0.0272
2022-05-04 2022-03-31 13F NORFOLK SOUTHN COM 655844108 104,678 9,330 9.79 26,994 -4.90 0.0270
2022-02-07 2021-12-31 13F NORFOLK SOUTHN COM 655844108 95,348 6,247 7.01 28,386 33.16 0.0261
2021-11-02 2021-09-30 13F NORFOLK SOUTHN COM 655844108 89,101 -380 -0.42 21,317 -10.24 0.0209
2021-08-03 2021-06-30 13F NORFOLK SOUTHN COM 655844108 89,481 -3,738 -4.01 23,749 -5.12 0.0228
2021-05-04 2021-03-31 13F NORFOLK SOUTHN COM 655844108 93,219 -113 -0.12 25,031 12.87 0.0256
2021-02-01 2020-12-31 13F NORFOLK SOUTHN COM 655844108 93,332 -2,792 -2.90 22,177 7.81 0.0247
2020-11-09 2020-09-30 13F Norfolk Southern COM 655844108 96,124 -11,978 -11.08 20,570 8.38 0.0264
2020-08-07 2020-06-30 13F NORFOLK SOUTHERN COM 655844108 108,102 -2,829 -2.55 18,979 17.18 0.0257
2020-05-12 2020-03-31 13F/A-1 NORFOLK SOUTHERN COM 655844108 110,931 -7,056 -5.98 16,196 -29.29 0.0272
2020-05-04 2020-03-31 13F NORFOLK SOUTHERN COM 655844108 110,931 -7,056 16,196 17,724.8762
2020-02-06 2019-12-31 13F/A-1 NORFOLK SOUTHERN COM 655844108 117,987 -13,701 -10.40 22,905 -3.19 0.0278
2020-02-04 2019-12-31 13F NORFOLK SOUTHERN COM 655844108 118,258 -13,430 24,622 29,514.1611
2019-11-12 2019-09-30 13F NORFOLK SOUTHERN COM 655844108 131,688 40,393 44.24 23,659 30.01 0.0304
2019-08-15 2019-06-30 13F NORFOLK SOUTHERN COM 655844108 91,295 -2,505 -2.67 18,198 3.81 0.0367
2019-05-03 2019-03-31 13F NORFOLK SOUTHERN CS 655844108 93,800 -9,423 -9.13 17,530 13.57 0.0399
2019-05-02 2018-12-31 13F/A-1 NORFOLK SOUTHERN COM 655844108 103,223 -7,507 -6.78 15,436 -22.77 0.0387
2019-02-05 2018-12-31 13F NORFOLK SOUTHERN COM 655844108 103,223 -7,507 15,436
2018-11-01 2018-09-30 13F NORFOLK SOUTHERN COM 655844108 110,730 -25,735 -18.86 19,986 -2.92 0.0412
2018-11-01 2018-09-30 13F GRAMERCY PPTY TR COM 385002308 2,264 0 62 0.0001
2018-08-02 2018-06-30 13F NORFOLK SOUTHERN COM 655844108 136,465 -10,675 -7.25 20,588 3.05 0.0438
2018-08-02 2018-06-30 13F GRAMERCY PPTY TR COM 385002308 2,264 -1,117,747 62 0.0001
2018-05-04 2018-03-31 13F NORFOLK SOUTHERN COM 655844108 147,140 126,525 613.75 19,979 568.87 0.0436
2018-05-04 2018-03-31 13F GRAMERCY PPTY TR COM 385002308 1,120,011 -26,801 24,338 0.0531
2018-02-01 2017-12-31 13F NORFOLK SOUTHERN COM 655844108 20,615 1,565 8.22 2,987 18.58 0.0063
2018-02-01 2017-12-31 13F GRAMERCY PPTY TR REIT 385002308 1,146,812 -92,172 30,574 0.0643
2017-10-27 2017-09-30 13F NORFOLK SOUTHERN COM 655844108 19,050 307 1.64 2,519 10.43 0.0057
2017-10-27 2017-09-30 13F GRAMERCY PPTY TR COM 385002308 1,238,984 -26,275 37,480 0.0842
2017-08-07 2017-06-30 13F NORFOLK SOUTHERN COM 655844108 18,743 2,112 12.70 2,281 22.50 0.0053
2017-08-07 2017-06-30 13F GRAMERCY PPTY TR COM 385002308 1,265,259 1,264,392 37,591 0.0880
2017-05-10 2017-03-31 13F NORFOLK SOUTHERN COM 655844108 16,631 -24,080 -59.15 1,862 -57.68 0.0044
2017-05-10 2017-03-31 13F GRAMERCY PPTY TR REIT 385002308 867 -39,844 23 0.0001
2017-02-09 2016-12-31 13F NORFOLK SOUTHN CORP COM COM 655844108 40,711 27,552 209.38 4,400 244.56 0.0111
2016-11-02 2016-09-30 13F NORFOLK SOUTHERN COM 655844108 13,159 -22,024 -62.60 1,277 -57.36 0.0036
2016-08-09 2016-06-30 13F NORFOLK SOUTHERN COM 655844108 35,183 5,959 20.39 2,995 23.10 0.0120
2016-05-17 2016-03-31 13F/A-2 NORFOLK SOUTHERN COM 655844108 29,224 -1,707 -5.52 2,433 -7.00 0.0100
2016-05-12 2016-03-31 13F/A-1 NORFOLK SOUTHERN COM 655844108 29,224 0 2,433 0.0100
2016-05-12 2016-03-31 13F NORFOLK SOUTHERN COM 655844108 29,224 2,433
2016-02-10 2015-12-31 13F NORFOLK SOUTHERN COM 655844108 30,931 8,467 37.69 2,616 52.45 0.0109
2015-11-06 2015-09-30 13F NORFOLK SOUTHERN COM 655844108 22,464 16,330 266.22 1,716 218.37 0.0071
2015-08-14 2015-06-30 13F/A-01 Norfolk Southern COM 655844108 6,134 6,134 0.00 539 0.0020
2015-08-07 2015-06-30 13F Norfolk Southern COM 655844108 6,134 539
2015-05-07 2015-03-31 13F Norfolk Southern COM 655844108 0 -1,350 -100.00 0 -100.00
2015-02-11 2014-12-31 13F Norfolk Southern COM 655844108 1,350 1,350 0.00 148 0.0005
2014-10-16 2014-09-30 13F Norfolk Southern Common Stock 655844108 0 -28,032 -100.00 0 -100.00
2014-08-08 2014-06-30 13F Norfolk Southern Common Stock 655844108 28,032 26,912 2,402.86 2,889 2,550.46 0.0196
2014-05-06 2014-03-31 13F Norfolk Southern Common Stock 655844108 1,120 10 0.90 109 5.83 0.0007
2014-02-12 2013-12-31 13F Norfolk Southern Common Stock 655844108 1,110 80 7.77 103 30.38 0.0007
2014-03-12 2013-09-30 13F/A-1 Norfolk Southern Common Stock 655844108 1,030 1,030 79 0.0006
2013-11-12 2013-09-30 13F Norfolk Southern Common Stock 655844108 1,030 79
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.