Norfolk Southern Corporation
US ˙ NYSE ˙ US6558441084

SecurityNSC / Norfolk Southern Corporation
InstitutionIFP Advisors, Inc
Latest Disclosed Ownership14,533 shares
Latest Disclosed Value $ 4,170,971
IFP Advisors, Inc reports 5.12% decrease in ownership of NSC / Norfolk Southern Corporation

On April 13, 2026 - IFP Advisors, Inc filed a 13F-HR form disclosing ownership of 14,533 shares of Norfolk Southern Corporation (US:NSC) valued at $4,170,971 USD as of March 31, 2026. The entity filed a previous 13F-HR on February 6, 2026 disclosing 15,318 shares of Norfolk Southern Corporation. This represents a change in shares of -5.12% during the quarter. The current value of the position is $4,434,164 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.

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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)
2026-04-13 2026-03-31 13F NORFOLK SOUTHN cs 655844108 14,533 -785 -5.12 4,171 -5.70 0.0865
2026-02-06 2025-12-31 13F NORFOLK SOUTHN cs 655844108 15,318 -264 -1.69 4,423 -5.51 0.0993
2026-02-06 2025-09-30 13F/A-1 NORFOLK SOUTHN cs 655844108 15,582 517 3.43 4,681 18.48 0.1216
2025-12-02 2025-09-30 13F NORFOLK SOUTHN cs 655844108 15,246 181 4,783 0.1233
2025-07-24 2025-06-30 13F NORFOLK SOUTHN cs 655844108 15,065 28 0.19 3,950 10.92 0.1123
2025-05-05 2025-03-31 13F NORFOLK SOUTHN cs 655844108 15,037 2,936 24.26 3,561 25.43 0.1098
2025-02-04 2024-12-31 13F NORFOLK SOUTHN cs 655844108 12,101 10,153 521.20 2,840 487.78 0.0930
2025-02-04 2024-09-30 13F NORFOLK SOUTHN cs 655844108 1,948 437 28.92 484 49.07 0.0174
2024-07-30 2024-06-30 13F NORFOLK SOUTHN cs 655844108 1,511 10 0.67 324 -15.18 0.0129
2024-07-30 2024-03-31 13F NORFOLK SOUTHN cs 655844108 1,501 -1 -0.07 383 7.61 0.0168
2024-01-09 2023-12-31 13F NORFOLK SOUTHN cs 655844108 1,502 -249 -14.22 355 3.20 0.0168
2023-10-12 2023-09-30 13F NORFOLK SOUTHN cs 655844108 1,751 -68 -3.74 345 -16.50 0.0155
2023-08-14 2023-06-30 13F/A-1 NORFOLK SOUTHN cs 655844108 1,819 211 13.12 413 130.17 0.0173
2023-08-04 2023-06-30 13F NORFOLK SOUTHN cs 655844108 1,819 211 203 0.0094
2023-04-18 2023-03-31 13F NORFOLK SOUTHN cs 655844108 1,608 -3,484 -68.42 179 0.0078
2023-02-07 2022-12-31 13F NORFOLK SOUTHN cs 655844108 5,092 -686 -11.87 1 -100.00 0.0154
2022-11-08 2022-09-30 13F NORFOLK SOUTHN cs 655844108 5,778 -3 -0.05 659 0.00 0.0172
2022-09-06 2022-06-30 13F/A-1 NORFOLK SOUTHN cs 655844108 5,781 0 0.00 659 0.00 0.0211
2022-09-06 2022-03-31 13F/A-1 NORFOLK SOUTHN cs 655844108 5,781 3,852 199.69 659 14.41 0.0211
2022-08-08 2022-03-31 13F NORFOLK SOUTHN CORP COM Stock 655844108 1,931 2 216 0.0044
2022-01-12 2021-12-31 13F NORFOLK SOUTHN CORP COM Stock 655844108 1,929 23 1.21 576 25.49 0.0113
2021-10-06 2021-09-30 13F NORFOLK SOUTHN CORP COM Stock 655844108 1,906 -30 -1.55 459 -10.87 0.0092
2021-07-13 2021-06-30 13F NORFOLK SOUTHN CORP COM Stock 655844108 1,936 48 2.54 515 1.38 0.0107
2021-04-30 2021-03-31 13F NORFOLK SOUTHN CORP COM Stock 655844108 1,888 -93 -4.69 508 7.63 0.0099
2021-01-25 2020-12-31 13F NORFOLK SOUTHN CORP COM Stock 655844108 1,981 -284 -12.54 472 -1.87 0.0191
2020-10-29 2020-09-30 13F NORFOLK SOUTHN CORP COM Stock 655844108 2,265 -538 -19.19 481 -0.62 0.0287
2020-08-05 2020-06-30 13F NORFOLK SOUTHERN CORP COM Stock 655844108 2,803 -52 -1.82 484 14.96 0.0384
2020-05-12 2020-03-31 13F NORFOLK SOUTHERN CORP COM Stock 655844108 2,855 -167 -5.53 421 -28.64 0.0425
2020-01-17 2019-12-31 13F NORFOLK SOUTHERN CORP COM Stock 655844108 3,022 -2,075 -40.71 590 -36.01 0.0443
2019-11-07 2019-09-30 13F NORFOLK SOUTHERN CORP COM Stock 655844108 5,097 2,295 81.91 922 75.62 0.0618
2019-05-15 2019-03-31 13F NORFOLK SOUTHERN Stock 655844108 2,802 -4,927 -63.75 525 -54.11 0.0717
2019-06-03 2018-12-31 13F/A-10 NORFOLK SOUTHERN CRP Stock 655844108 7,729 200 2.66 1,144 452.66 0.0697
2019-01-23 2018-12-31 13F NORFOLK SOUTHERN CRP Stock 655844108 7,729 200 1,144 0.0697
2019-06-03 2018-09-30 13F/A-9 CHAMBERS ST PROPERTIES REIT REIT 385002308 7,529 -6,834 -47.58 207 -47.19 0.0084
2019-06-03 2018-09-30 13F/A-9 NORFOLK SOUTHERN CRP Stock 655844108 8,486 884 1,532 0.0624
2018-10-25 2018-09-30 13F CHAMBERS ST PROPERTIES REIT REIT 385002308 7,529 -6,834 207 0.0084
2018-10-25 2018-09-30 13F NORFOLK SOUTHERN CRP Stock 655844108 8,486 -5,877 1,532 0.0624
2019-06-03 2018-06-30 13F/A-8 CHAMBERS ST PROPERTIES REIT REIT 385002308 14,363 -29,588 -67.32 392 -66.55 0.0165
2019-06-03 2018-06-30 13F/A-8 NORFOLK SOUTHERN CRP Stock 655844108 7,602 897 1,147 0.0482
2018-08-07 2018-06-30 13F CHAMBERS ST PROPERTIES REIT REIT 385002308 14,363 7,888 392
2018-08-07 2018-06-30 13F NORFOLK SOUTHERN CRP Stock 655844108 7,602 -6,761 1,147
2019-06-03 2018-03-31 13F/A-7 GRAMERCY PPTY TR COM REIT 385002308 43,951 0 0.00 1,172 0.00 0.0531
2019-06-03 2018-03-31 13F/A-7 NORFOLK SOUTHERN CORP COM Stock 655844108 6,705 0 972 0.0441
2018-05-09 2018-03-31 13F CHAMBERS ST PROPERTIES REIT REIT 385002308 31,390 24,685 682
2018-05-09 2018-03-31 13F NORFOLK SOUTHERN CRP Stock 655844108 6,475 -24,915 879
2019-06-03 2017-12-31 13F/A-6 GRAMERCY PPTY TR COM REIT 385002308 43,951 -34,073 -43.67 1,172 -50.34 0.0531
2019-06-03 2017-12-31 13F/A-6 NORFOLK SOUTHERN CORP COM Stock 655844108 6,705 -8,281 972 0.0441
2018-01-24 2017-12-31 13F GRAMERCY PPTY TR COM REIT 385002308 43,951 28,965 1,172
2018-01-24 2017-12-31 13F NORFOLK SOUTHERN CORP COM Stock 655844108 6,705 -37,246 972
2017-10-30 2017-09-30 13F GRAMERCY PPTY TR COM REIT 385002308 78,024 -1,867 -2.34 2,360 -0.59 0.0937
2017-10-30 2017-09-30 13F NORFOLK SOUTHERN CORP COM Stock 655844108 14,986 -147 1,982 0.0787
2019-06-03 2017-06-30 13F/A-5 GRAMERCY PPTY TR COM REIT 385002308 79,891 6,207 8.42 2,374 22.50 0.1006
2019-06-03 2017-06-30 13F/A-5 NORFOLK SOUTHERN CORP COM Stock 655844108 15,133 -341 1,842 0.0781
2017-07-31 2017-06-30 13F GRAMERCY PPTY TR COM REIT 385002308 79,891 64,417 2,374
2017-07-31 2017-06-30 13F NORFOLK SOUTHERN CORP COM Stock 655844108 15,133 -64,758 1,842
2019-06-03 2017-03-31 13F/A-4 GRAMERCY PPTY TR COM REIT 385002308 73,684 -145,637 -66.40 1,938 -3.73 0.0844
2019-06-03 2017-03-31 13F/A-4 NORFOLK SOUTHERN CORP COM Stock 655844108 15,474 -242 1,733 0.0755
2017-04-26 2017-03-31 13F GRAMERCY PPTY TR COM REIT 385002308 73,684 57,968 1,938
2017-04-26 2017-03-31 13F NORFOLK SOUTHERN CORP COM Stock 655844108 15,474 -58,210 1,733
2019-06-03 2016-12-31 13F/A-3 GRAMERCY PPTY TR COM REIT 385002308 219,321 204,283 1,358.45 2,013 37.88 0.0971
2019-06-03 2016-12-31 13F/A-3 NORFOLK SOUTHERN CORP COM Stock 655844108 15,716 678 1,698 0.0819
2017-02-14 2016-12-31 13F GRAMERCY PPTY TR COM REIT 385002308 219,321 204,283 2,013
2017-02-14 2016-12-31 13F NORFOLK SOUTHERN CORP COM Stock 655844108 15,716 -203,605 1,698
2016-11-04 2016-09-30 13F NORFOLK SOUTHERN CORP COM Stock 655844108 15,038 -805 -5.08 1,460 8.23 0.0759
2019-06-03 2016-06-30 13F/A-2 NORFOLK SOUTHERN CORP COM Stock 655844108 15,843 13,041 465.42 1,349 156.95 0.0753
2016-08-22 2016-06-30 13F NORFOLK SOUTHERN CORP COM Stock 655844108 15,843 13,041 1,349
2019-06-03 2016-03-31 13F/A-1 NORFOLK SOUTHERN Stock 655844108 2,802 -12,769 -82.01 525 -60.14 0.0717
2016-05-02 2016-03-31 13F NORFOLK SOUTHERN CORP COM Stock 655844108 16,197 626 1,348
2016-02-11 2015-12-31 13F NORFOLK SOUTHERN CORP COM Stock 655844108 15,571 15,571 1,317 0.0884
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.