AFCM
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Applied Finance Capital Management’s Norfolk Southern NSC Stock Holding History

Applied Finance Capital 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 		$1.68M Sell
5,348
-718
-12% -$221K 0.13% 77
2026
Q1 		$1.74M Buy
6,066
+285
+5% +$84.7K 0.13% 77
2025
Q4 		$1.67M Sell
5,781
-1,234
-18% -$357K 0.12% 75
2025
Q3 		$2.11M Sell
7,015
-895
-11% -$249K 0.15% 62
2025
Q2 		$2.02M Sell
7,910
-81
-1% -$19.1K 0.14% 70
2025
Q1 		$1.89M Buy
7,991
+874
+12% +$213K 0.14% 68
2024
Q4 		$1.67M Sell
7,117
-495
-7% -$126K 0.07% 76
2024
Q3 		$1.89M Buy
7,612
+2,229
+41% +$534K 0.08% 73
2024
Q2 		$1.16M Buy
5,383
+3,986
+285% +$925K 0.05% 87
2024
Q1 		$356K Buy
1,397
+37
+3% +$9.15K 0.03% 61
2023
Q4 		$321K Sell
1,360
-80
-6% -$16.8K 0.03% 61
2023
Q3 		$284K Buy
1,440
+103
+8% +$22.3K 0.03% 67
2023
Q2 		$303K Buy
1,337
+200
+18% +$42.5K 0.03% 59
2023
Q1 		$241K Buy
1,137
+139
+14% +$32.2K 0.03% 64
2022
Q4 		$246K Buy
+998
New +$236K 0.03% 53

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

Applied Finance Capital Management's NSC Position: Q2 2026 in Review

Applied Finance Capital Management reduced its Norfolk Southern (NSC) stake by 12% in Q2 2026, selling an estimated $221K and leaving 5,348 shares worth $1.68M. The position accounts for 0.13% of the portfolio, ranked #77.

Applied Finance Capital Management first reported a position in NSC in Q4 2022 and has held it in 15 quarters since. The position peaked at $2.11M in Q3 2025. 1,861 funds tracked by Wall St. Rank hold NSC as of Q2 2026.

  • Applied Finance Capital Management held 5,348 shares of Norfolk Southern worth $1.68M as of Q2 2026.
  • Applied Finance Capital Management sold 718 Norfolk Southern shares in Q2 2026, an estimated $221K.
  • Norfolk Southern made up 0.13% of Applied Finance Capital Management's portfolio in Q2 2026, its #77 holding.
  • Applied Finance Capital Management first reported a position in Norfolk Southern in Q4 2022 and has held it in 15 quarters since.
  • Applied Finance Capital Management's Norfolk Southern position peaked at $2.11M in Q3 2025.
  • 1,861 funds tracked by Wall St. Rank held Norfolk Southern as of Q2 2026.

Based on Applied Finance Capital Management's 13F filing for Q2 2026, filed 28 Jul 2026.