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Alpine Associates Management’s Norfolk Southern NSC Stock Holding History

Alpine Associates Management’s Portfolio NSC Stock Details NSC Fund Activity
Bought
Maintained
Sold
Quarter Market Value Status Shares Change in
Stake 		Trade Value Portfolio Weight Portfolio Position
2026
Q2 		$145M Sell
461,655
-2,800
-0.6% -$863K 9.09% 1
2026
Q1 		$133M Sell
464,455
-3,700
-0.8% -$1.1M 7.86% 1
2025
Q4 		$135M Sell
468,155
-34,455
-7% -$9.96M 8.99% 1
2025
Q3 		$151M Buy
+502,610
New +$140M 9.11% 1

Other funds holding NSC

BlackRock
BlackRock New York $6.73T AUM 46.02% 1-Year Est. Return
Vanguard Capital Management
Vanguard Capital Management Malvern, Pennsylvania $4.68T AUM
State Street
State Street Boston, Massachusetts $3.37T AUM 44.26% 1-Year Est. Return
Vanguard Portfolio Management
Vanguard Portfolio Management Malvern, Pennsylvania $2.22T AUM
Millennium Management
Millennium Management New York $276B AUM 44.8% 1-Year Est. Return
Geode Capital Management
Geode Capital Management Boston, Massachusetts $1.88T AUM 44.46% 1-Year Est. Return
Bank of America
Bank of America Charlotte, North Carolina $1.55T AUM 33.47% 1-Year Est. Return
Norges Bank
Norges Bank Oslo, Norway $1T AUM
PCM
Pentwater Capital Management Naples, Florida $16.4B AUM 55.44% 1-Year Est. Return
Northern Trust
Northern Trust Chicago, Illinois $860B AUM 41.15% 1-Year Est. Return

Alpine Associates Management's NSC Position: Q2 2026 in Review

Alpine Associates Management reduced its Norfolk Southern (NSC) stake by 0.6% in Q2 2026, selling an estimated $863K and leaving 461,655 shares worth $145M. The position accounts for 9.09% of the portfolio, ranked #1.

Alpine Associates Management first reported a position in NSC in Q3 2025 and has held it in 4 quarters since. The position peaked at $151M in Q3 2025. 1,863 funds tracked by Wall St. Rank hold NSC as of Q2 2026.

  • Alpine Associates Management held 461,655 shares of Norfolk Southern worth $145M as of Q2 2026.
  • Alpine Associates Management sold 2,800 Norfolk Southern shares in Q2 2026, an estimated $863K.
  • Norfolk Southern made up 9.09% of Alpine Associates Management's portfolio in Q2 2026, its #1 holding.
  • Alpine Associates Management first reported a position in Norfolk Southern in Q3 2025 and has held it in 4 quarters since.
  • Alpine Associates Management's Norfolk Southern position peaked at $151M in Q3 2025.
  • 1,863 funds tracked by Wall St. Rank held Norfolk Southern as of Q2 2026.

Based on Alpine Associates Management's 13F filing for Q2 2026, filed 6 Aug 2026.