Capula Management’s Norfolk Southern NSC Stock Holding History

Capula 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	$25M	Sell	79,368 -65,381	-45%	-$20.2M	0.09%	94
2026 Q1	$41.5M	Buy	144,749 +94,749	+189%	+$28.2M	0.3%	23
2025 Q4	$14.4M	Buy	+50,000	New	+$14.5M	0.07%	96
2023 Q2	–	Sell	-25,865	Closed	-$5.48M	–	678
2023 Q1	$5.48M	Buy	25,865 +23,931	+1,237%	+$5.54M	0.07%	230
2022 Q4	$477K	Sell	1,934 -16,341	-89%	-$3.87M	0.01%	592
2022 Q3	$3.83M	Buy	+18,275	New	+$4.39M	0.05%	293
2021 Q4	–	Sell	-18,067	Closed	-$5.04M	–	608
2021 Q3	$4.32M	Buy	18,067 +16,009	+778%	+$4.11M	0.05%	256
2021 Q2	$544K	Buy	+2,058	New	+$568K	0.01%	441
2020 Q2	–	Sell	-19,820	Closed	-$3.36M	–	417
2020 Q1	$2.89M	Buy	+19,820	New	+$3.66M	0.1%	218

Other funds holding NSC

BlackRock New York $6.73T AUM 46.02% 1-Year Est. Return

Vanguard Capital Management Malvern, Pennsylvania $4.68T AUM

State Street Boston, Massachusetts $3.37T AUM 44.26% 1-Year Est. Return

Vanguard Portfolio Management Malvern, Pennsylvania $2.22T AUM

Millennium Management New York $276B AUM 44.8% 1-Year Est. Return

Geode Capital Management Boston, Massachusetts $1.88T AUM 44.46% 1-Year Est. Return

Bank of America Charlotte, North Carolina $1.55T AUM 33.47% 1-Year Est. Return

Norges Bank Oslo, Norway $1T AUM

PCM

Pentwater Capital Management Naples, Florida $16.4B AUM 55.44% 1-Year Est. Return

Northern Trust Chicago, Illinois $860B AUM 41.15% 1-Year Est. Return

Capula Management's NSC Position: Q2 2026 in Review

Capula Management reduced its Norfolk Southern (NSC) stake by 45% in Q2 2026, selling an estimated $20.2M and leaving 79,368 shares worth $25M. The position accounts for 0.09% of the portfolio, ranked #94.

Capula Management first reported a position in NSC in Q1 2020 and has held it in 9 quarters since. The position peaked at $41.5M in Q1 2026. 1,863 funds tracked by Wall St. Rank hold NSC as of Q2 2026.

Capula Management held 79,368 shares of Norfolk Southern worth $25M as of Q2 2026.
Capula Management sold 65,381 Norfolk Southern shares in Q2 2026, an estimated $20.2M.
Norfolk Southern made up 0.09% of Capula Management's portfolio in Q2 2026, its #94 holding.
Capula Management first reported a position in Norfolk Southern in Q1 2020 and has held it in 9 quarters since.
Capula Management's Norfolk Southern position peaked at $41.5M in Q1 2026.
1,863 funds tracked by Wall St. Rank held Norfolk Southern as of Q2 2026.

Based on Capula Management's 13F filing for Q2 2026, filed 14 Aug 2026.