Dmitry Balyasny’s Norfolk Southern NSC Stock Holding History

Dmitry Balyasny’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	–	Sell	-2,700	Closed	-$775K	–	3356
2026 Q1	$775K	Buy	+2,700	New	+$803K	﹤0.01%	2186
2023 Q2	–	Sell	-7,100	Closed	-$1.51M	–	2627
2023 Q1	$1.51M	Hold	7,100	–	–	﹤0.01%	1570
2022 Q4	$1.75M	Hold	7,100	–	–	﹤0.01%	1469
2022 Q3	$1.49M	Buy	7,100 +5,300	+294%	+$1.27M	﹤0.01%	1628
2022 Q2	$409K	Buy	+1,800	New	+$442K	﹤0.01%	2030
2016 Q2	–	Sell	-200,000	Closed	-$16.6M	–	1357
2016 Q1	$16.6M	Buy	+200,000	New	+$15.1M	0.1%	283

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

Dmitry Balyasny's NSC Position: Q2 2026 in Review

Dmitry Balyasny reduced its Norfolk Southern (NSC) stake by 17% in Q2 2026, selling an estimated $70.2M and leaving 1,111,173 shares worth $350M. The position accounts for 0.44% of the portfolio, ranked #29.

Dmitry Balyasny first reported a position in NSC in Q3 2014 and has held it in 36 quarters since. The position peaked at $482M in Q4 2025. 1,856 funds tracked by Wall St. Rank hold NSC as of Q2 2026.

Dmitry Balyasny held 1,111,173 shares of Norfolk Southern worth $350M as of Q2 2026.
Dmitry Balyasny sold 227,544 Norfolk Southern shares in Q2 2026, an estimated $70.2M.
Norfolk Southern made up 0.44% of Dmitry Balyasny's portfolio in Q2 2026, its #29 holding.
Dmitry Balyasny first reported a position in Norfolk Southern in Q3 2014 and has held it in 36 quarters since.
Dmitry Balyasny's Norfolk Southern position peaked at $482M in Q4 2025.
1,856 funds tracked by Wall St. Rank held Norfolk Southern as of Q2 2026.

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