Norfolk Southern Corporation
US ˙ NYSE ˙ US6558441084

SecurityNSC / Norfolk Southern Corporation
InstitutionMercer Global Advisors Inc /adv
Latest Disclosed Ownership53,514 shares
Latest Disclosed Value $ 15,358,460
Mercer Global Advisors Inc /adv reports 3.18% increase in ownership of NSC / Norfolk Southern Corporation

On May 15, 2026 - Mercer Global Advisors Inc /adv filed a 13F-HR form disclosing ownership of 53,514 shares of Norfolk Southern Corporation (US:NSC) valued at $15,358,518 USD as of March 31, 2026. The entity filed a previous 13F-HR on February 17, 2026 disclosing 51,865 shares of Norfolk Southern Corporation. This represents a change in shares of 3.18% during the quarter. The current value of the position is $16,773,963 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)
2026-05-15 2026-03-31 13F NORFOLK SOUTHN COM 655844108 53,514 1,649 3.18 15,358 2.56 0.0227
2026-02-17 2025-12-31 13F NORFOLK SOUTHN COM 655844108 51,865 -313 -0.60 14,974 -4.47 0.0228
2025-11-14 2025-09-30 13F NORFOLK SOUTHN COM 655844108 52,178 11,137 27.14 15,675 49.21 0.0262
2025-08-14 2025-06-30 13F NORFOLK SOUTHN COM 655844108 41,041 765 1.90 10,505 10.13 0.0214
2025-05-15 2025-03-31 13F NORFOLK SOUTHN COM 655844108 40,276 -1,670 -3.98 9,539 -3.10 0.0219
2025-02-14 2024-12-31 13F NORFOLK SOUTHN COM 655844108 41,946 -15,164 -26.55 9,845 -30.53 0.0240
2024-11-14 2024-09-30 13F NORFOLK SOUTHN COM 655844108 57,110 3,636 6.80 14,171 23.44 0.0332
2024-08-12 2024-06-30 13F NORFOLK SOUTHN COM 655844108 53,474 2,845 5.62 11,480 95,566.67 0.0313
2024-05-15 2024-03-31 13F NORFOLK SOUTHN COM 655844108 50,629 3,719 7.93 13 9.09 0.0367
2024-02-15 2023-12-31 13F NORFOLK SOUTHN COM 655844108 46,910 3,795 8.80 11 37.50 0.0334
2023-11-15 2023-09-30 13F/A-1 NORFOLK SOUTHN COM 655844108 43,115 4,427 11.44 8 0.00 0.0322
2023-11-14 2023-09-30 13F NORFOLK SOUTHN COM 655844108 43,115 4,427 8 0.0322
2023-08-14 2023-06-30 13F NORFOLK SOUTHN COM 655844108 38,688 934 2.47 9 0.00 0.0348
2023-05-16 2023-03-31 13F NORFOLK SOUTHN COM 655844108 37,754 -2,160 -5.41 8 -11.11 0.0364
2023-02-09 2022-12-31 13F NORFOLK SOUTHN COM 655844108 39,914 2,644 7.09 10 -99.88 0.0493
2022-11-15 2022-09-30 13F NORFOLK SOUTHN COM 655844108 37,270 4,349 13.21 7,814 4.42 0.0464
2022-08-10 2022-06-30 13F NORFOLK SOUTHN COM 655844108 32,921 2,408 7.89 7,483 -14.02 0.0458
2022-05-10 2022-03-31 13F NORFOLK SOUTHN COM 655844108 30,513 6,289 25.96 8,703 20.67 0.0513
2022-02-04 2021-12-31 13F NORFOLK SOUTHN COM 655844108 24,224 418 1.76 7,212 26.62 0.0445
2021-11-10 2021-09-30 13F NORFOLK SOUTHN COM 655844108 23,806 1,387 6.19 5,696 -4.27 0.0398
2021-08-10 2021-06-30 13F NORFOLK SOUTHN COM 655844108 22,419 1,110 5.21 5,950 3.98 0.0458
2021-08-10 2021-03-31 13F/A-1 NORFOLK SOUTHN COM 655844108 21,309 1,336 6.69 5,722 20.56 0.0520
2021-05-11 2021-03-31 13F NORFOLK SOUTHN COM 655844108 19,026 -947 5,109 0.0489
2021-02-12 2020-12-31 13F NORFOLK SOUTHN COM 655844108 19,973 5,256 35.71 4,746 50.71 0.0593
2020-12-10 2020-09-30 13F NORFOLK SOUTHN COM 655844108 14,717 -632 -4.12 3,149 16.85 0.0474
2020-08-10 2020-06-30 13F NORFOLK SOUTHERN COM 655844108 15,349 173 1.14 2,695 21.62 0.0489
2020-05-18 2020-03-31 13F NORFOLK SOUTHERN COM 655844108 15,176 5,514 57.07 2,216 18.12 0.0488
2020-02-13 2019-12-31 13F NORFOLK SOUTHERN CORP COM COM 655844108 9,662 -247 -2.49 1,876 5.39 0.0375
2019-11-12 2019-09-30 13F NORFOLK SOUTHERN CORP COM COM 655844108 9,909 2,512 33.96 1,780 20.76 0.0419
2019-08-14 2019-06-30 13F NORFOLK SOUTHERN CORP COM COM 655844108 7,397 21 0.28 1,474 6.89 0.0391
2019-04-23 2019-03-31 13F/A-1 NORFOLK SOUTHERN CORP COM COM 655844108 7,376 7,376 1,379 0.0496
2019-04-12 2019-03-31 13F NORFOLK SOUTHERN CORP COM 655844108 5,937 888 0.0473
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.