Norfolk Southern Corporation
US ˙ NYSE ˙ US6558441084

SecurityNSC / Norfolk Southern Corporation
InstitutionFreestone Capital Holdings, LLC
Latest Disclosed Ownership6,907 shares
Latest Disclosed Value $ 1,982,326
Freestone Capital Holdings, LLC reports 7.30% increase in ownership of NSC / Norfolk Southern Corporation

On May 13, 2026 - Freestone Capital Holdings, LLC filed a 13F-HR form disclosing ownership of 6,907 shares of Norfolk Southern Corporation (US:NSC) valued at $1,982,309 USD as of March 31, 2026. The entity filed a previous 13F-HR on January 23, 2026 disclosing 6,437 shares of Norfolk Southern Corporation. This represents a change in shares of 7.30% during the quarter. The current value of the position is $2,164,999 USD.

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 .

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)
2026-05-13 2026-03-31 13F NORFOLK SOUTHN COM 655844108 6,907 470 7.30 1,982 6.67 0.0601
2026-01-23 2025-12-31 13F NORFOLK SOUTHN COM 655844108 6,437 3 0.05 1,859 -3.83 0.0550
2025-11-12 2025-09-30 13F NORFOLK SOUTHN COM 655844108 6,434 12 0.19 1,933 17.59 0.0592
2025-08-05 2025-06-30 13F NORFOLK SOUTHN COM 655844108 6,422 -6 -0.09 1,644 7.95 0.0555
2025-05-13 2025-03-31 13F NORFOLK SOUTHN COM 655844108 6,428 3 0.05 1,522 1.00 0.0568
2025-02-06 2024-12-31 13F NORFOLK SOUTHN COM 655844108 6,425 1 0.02 1,508 -5.58 0.0522
2024-11-14 2024-09-30 13F NORFOLK SOUTHN COM 655844108 6,424 11 0.17 1,596 15.99 0.0549
2024-11-22 2024-06-30 13F/A-1 NORFOLK SOUTHN COM 655844108 6,413 -11 -0.17 1,377 -15.94 0.0492
2024-08-13 2024-06-30 13F NORFOLK SOUTHN COM 655844108 6,413 -11 1,377 0.0492
2024-11-22 2024-03-31 13F/A-1 NORFOLK SOUTHN COM 655844108 6,424 -1 -0.02 1,637 7.84 0.0610
2024-05-14 2024-03-31 13F NORFOLK SOUTHN COM 655844108 6,424 -1 1,637 0.0610
2024-02-13 2023-12-31 13F NORFOLK SOUTHN COM 655844108 6,425 -8 -0.12 1,519 19.91 0.0682
2023-11-14 2023-09-30 13F NORFOLK SOUTHN COM 655844108 6,433 -7 -0.11 1,267 -13.29 0.0670
2023-08-09 2023-06-30 13F NORFOLK SOUTHN COM 655844108 6,440 -12 -0.19 1,460 6.80 0.0588
2023-05-12 2023-03-31 13F NORFOLK SOUTHN COM 655844108 6,452 -242 -3.62 1,368 -17.10 0.0606
2023-02-13 2022-12-31 13F NORFOLK SOUTHN COM 655844108 6,694 -250 -3.60 1,650 13.26 0.0755
2022-11-09 2022-09-30 13F NORFOLK SOUTHN COM 655844108 6,944 -61 -0.87 1,456 -8.54 0.0657
2022-08-09 2022-06-30 13F NORFOLK SOUTHN COM 655844108 7,005 -538 -7.13 1,592 -25.99 0.0608
2022-05-12 2022-03-31 13F NORFOLK SOUTHN COM 655844108 7,543 221 3.02 2,151 -1.33 0.0864
2022-02-14 2021-12-31 13F NORFOLK SOUTHN COM 655844108 7,322 238 3.36 2,180 28.61 0.0921
2021-11-15 2021-09-30 13F NORFOLK SOUTHN COM 655844108 7,084 -28 -0.39 1,695 -10.22 0.0850
2021-08-16 2021-06-30 13F NORFOLK SOUTHN COM 655844108 7,112 163 2.35 1,888 1.18 0.0948
2021-05-17 2021-03-31 13F NORFOLK SOUTHN COM 655844108 6,949 -190 -2.66 1,866 10.02 0.1015
2021-02-16 2020-12-31 13F NORFOLK SOUTHN COM 655844108 7,139 77 1.09 1,696 12.24 0.0990
2020-11-06 2020-09-30 13F NORFOLK SOUTHN COM 655844108 7,062 -497 -6.57 1,511 13.87 0.0985
2020-08-04 2020-06-30 13F NORFOLK SOUTHERN COM 655844108 7,559 1,404 22.81 1,327 47.61 0.0156
2020-05-12 2020-03-31 13F NORFOLK SOUTHERN COM 655844108 6,155 146 2.43 899 -22.96 0.0194
2020-02-04 2019-12-31 13F NORFOLK SOUTHERN COM 655844108 6,009 9 0.15 1,167 8.26 0.0242
2019-11-07 2019-09-30 13F NORFOLK SOUTHERN COM 655844108 6,000 -436 -6.77 1,078 -15.98 0.0260
2019-08-05 2019-06-30 13F NORFOLK SOUTHERN COM 655844108 6,436 210 3.37 1,283 10.22 0.0329
2019-05-08 2019-03-31 13F NORFOLK SOUTHERN COM 655844108 6,226 0 0.00 1,164 25.03 0.0691
2019-02-11 2018-12-31 13F NORFOLK SOUTHERN COM 655844108 6,226 -423 -6.36 931 -22.48 0.0631
2018-11-10 2018-09-30 13F NORFOLK SOUTHERN COM 655844108 6,649 253 3.96 1,201 24.46 0.0076
2018-08-14 2018-06-30 13F NORFOLK SOUTHERN COM 655844108 6,396 -351 -5.20 965 5.35 0.0060
2018-05-15 2018-03-31 13F NORFOLK SOUTHERN COM 655844108 6,747 -1,223 -15.35 916 -20.69 0.0534
2018-02-13 2017-12-31 13F NORFOLK SOUTHERN COM 655844108 7,970 1,240 18.42 1,155 29.78 0.0800
2017-11-14 2017-09-30 13F NORFOLK SOUTHERN COM 655844108 6,730 -217 -3.12 890 5.33 0.0633
2017-08-14 2017-06-30 13F/A-1 NORFOLK SOUTHERN COM 655844108 6,947 -250 -3.47 845 4.84 0.0658
2017-08-09 2017-06-30 13F NORFOLK SOUTHERN COM 655844108 6,947 -250 845 68,002.9036
2017-05-15 2017-03-31 13F NORFOLK SOUTHERN COM 655844108 7,197 -5,528 -43.44 806 -41.38 0.0621
2017-02-17 2016-12-31 13F/A-2 NORFOLK SOUTHERN COM 655844108 12,725 129 1.02 1,375 12.43 0.1181
2017-02-14 2016-12-31 13F/A-1 NORFOLK SOUTHERN COM 655844108 12,725 0 1,375 0.1181
2017-02-14 2016-12-31 13F NORFOLK SOUTHERN COM 655844108 12,725 129 1,375 118,095.1890
2016-11-14 2016-09-30 13F NORFOLK SOUTHERN COM 655844108 12,596 127 1.02 1,223 15.27 0.1119
2016-08-10 2016-06-30 13F NORFOLK SOUTHERN COM 655844108 12,469 -109 -0.87 1,061 1.34 0.1036
2016-05-12 2016-03-31 13F NORFOLK SOUTHERN COM 655844108 12,578 129 1.04 1,047 -0.57 0.1101
2016-02-10 2015-12-31 13F NORFOLK SOUTHERN COM 655844108 12,449 -1,632 -11.59 1,053 -2.14 0.1090
2015-11-12 2015-09-30 13F NORFOLK SOUTHERN COM 655844108 14,081 6,455 84.64 1,076 61.56 0.1168
2015-08-12 2015-06-30 13F NORFOLK SOUTHERN COM 655844108 7,626 -365 -4.57 666 -18.98 0.1060
2015-05-11 2015-03-31 13F NORFOLK SOUTHERN COM 655844108 7,991 366 4.80 822 16.10 0.1294
2014-02-13 2013-12-31 13F NORFOLK SOUTHERN COM 655844108 7,625 -967 -11.25 708 6.47 0.1255
2013-11-14 2013-09-30 13F NORFOLK SOUTHERN COM 655844108 8,592 106 1.25 665 7.78 0.1184
2013-08-15 2013-06-30 13F NORFOLK SOUTHERN COM 655844108 8,486 8,486 617 0.1266
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.