Goldman Sachs
NSC icon

Goldman Sachs’s Norfolk Southern NSC Stock Holding History

Goldman Sachs’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
Q1 		$467M Sell
1,625,745
-16,683
-1% -$4.96M 0.05% 368
2025
Q4 		$474M Sell
1,642,428
-404,020
-20% -$117M 0.06% 325
2025
Q3 		$615M Buy
2,046,448
+11,038
+0.5% +$3.07M 0.08% 243
2025
Q2 		$521M Buy
2,035,410
+448,919
+28% +$106M 0.07% 268
2025
Q1 		$376M Buy
1,586,491
+272,547
+21% +$66.4M 0.06% 327
2024
Q4 		$308M Buy
1,313,944
+34,042
+3% +$8.66M 0.05% 364
2024
Q3 		$318M Sell
1,279,902
-427,443
-25% -$102M 0.05% 360
2024
Q2 		$367M Buy
1,707,345
+331,931
+24% +$77M 0.06% 309
2024
Q1 		$351M Sell
1,375,414
-37,433
-3% -$9.26M 0.06% 322
2023
Q4 		$334M Buy
1,412,847
+328,862
+30% +$68.9M 0.06% 327
2023
Q3 		$213M Buy
1,083,985
+28,545
+3% +$6.17M 0.05% 413
2023
Q2 		$239M Buy
1,055,440
+4,109
+0.4% +$873K 0.05% 358
2023
Q1 		$223M Sell
1,051,331
-453,724
-30% -$105M 0.05% 379
2022
Q4 		$371M Sell
1,505,055
-206,490
-12% -$48.8M 0.09% 223
2022
Q3 		$359M Sell
1,711,545
-619,446
-27% -$149M 0.09% 202
2022
Q2 		$530M Buy
2,330,991
+557,432
+31% +$137M 0.13% 120
2022
Q1 		$506M Sell
1,773,559
-80,941
-4% -$22.3M 0.11% 165
2021
Q4 		$552M Buy
1,854,500
+717,032
+63% +$200M 0.11% 166
2021
Q3 		$272M Buy
1,137,468
+280,536
+33% +$71.9M 0.06% 322
2021
Q2 		$227M Sell
856,932
-42,712
-5% -$11.8M 0.05% 352
2021
Q1 		$242M Sell
899,644
-51,652
-5% -$13.1M 0.06% 313
2020
Q4 		$226M Sell
951,296
-365,562
-28% -$83.2M 0.06% 303
2020
Q3 		$282M Buy
1,316,858
+153,041
+13% +$30.7M 0.08% 228
2020
Q2 		$204M Sell
1,163,817
-519,411
-31% -$88M 0.06% 304
2020
Q1 		$246M Sell
1,683,228
-139,834
-8% -$25.8M 0.09% 214
2019
Q4 		$354M Buy
1,823,062
+275,497
+18% +$51.7M 0.09% 228
2019
Q3 		$278M Sell
1,547,565
-1,106,805
-42% -$204M 0.08% 261
2019
Q2 		$529M Buy
2,654,370
+635,268
+31% +$126M 0.15% 118
2019
Q1 		$377M Sell
2,019,102
-386,979
-16% -$66.9M 0.11% 162
2018
Q4 		$360M Sell
2,406,081
-524,469
-18% -$86.3M 0.11% 153
2018
Q3 		$529M Buy
2,930,550
+1,170,309
+66% +$200M 0.14% 125
2018
Q2 		$266M Sell
1,760,241
-109,597
-6% -$16M 0.07% 280
2018
Q1 		$254M Sell
1,869,838
-17,230
-0.9% -$2.48M 0.07% 329
2017
Q4 		$273M Sell
1,887,068
-88,878
-4% -$11.9M 0.07% 336
2017
Q3 		$261M Buy
1,975,946
+278,936
+16% +$33.9M 0.06% 321
2017
Q2 		$207M Sell
1,697,010
-412,600
-20% -$48.5M 0.05% 394
2017
Q1 		$236M Sell
2,109,610
-68,748
-3% -$8.04M 0.06% 321
2016
Q4 		$235M Buy
2,178,358
+571,106
+36% +$57.7M 0.07% 328
2016
Q3 		$156M Buy
1,607,252
+296,725
+23% +$27M 0.05% 455
2016
Q2 		$112M Buy
1,310,527
+347,918
+36% +$29.6M 0.04% 602
2016
Q1 		$80.1M Buy
962,609
+156,617
+19% +$11.8M 0.03% 786
2015
Q4 		$68.2M Sell
805,992
-176,550
-18% -$15.1M 0.02% 900
2015
Q3 		$75.1M Buy
982,542
+274,022
+39% +$22.3M 0.03% 784
2015
Q2 		$61.9M Sell
708,520
-252,378
-26% -$24.6M 0.02% 960
2015
Q1 		$98.9M Buy
960,898
+188,846
+24% +$20.2M 0.03% 647
2014
Q4 		$84.6M Buy
772,052
+38,319
+5% +$4.2M 0.03% 747
2014
Q3 		$81.9M Sell
733,733
-143,064
-16% -$15.2M 0.03% 744
2014
Q2 		$90.3M Sell
876,797
-79,509
-8% -$7.8M 0.03% 721
2014
Q1 		$92.9M Sell
956,306
-34,249
-3% -$3.18M 0.03% 653
2013
Q4 		$92M Buy
990,555
+211,950
+27% +$18.2M 0.03% 669
2013
Q3 		$60.2M Sell
778,605
-35,630
-4% -$2.67M 0.02% 854
2013
Q2 		$59.2M Buy
+814,235
New +$62.2M 0.02% 807

Other funds holding NSC

BlackRock
BlackRock New York $5.72T AUM 30.48% 1-Year Est. Return
VCM
Vanguard Capital Management Malvern, Pennsylvania $4.04T AUM
State Street
State Street Boston, Massachusetts $2.9T AUM 29.55% 1-Year Est. Return
Dodge & Cox
Dodge & Cox San Francisco, California $182B AUM 14.68% 1-Year Est. Return
Geode Capital Management
Geode Capital Management Boston, Massachusetts $1.61T AUM 30.72% 1-Year Est. Return
Millennium Management
Millennium Management New York $240B AUM 35.51% 1-Year Est. Return
VPM
Vanguard Portfolio Management Malvern, Pennsylvania $1.91T AUM
PCM
Pentwater Capital Management Naples, Florida $19.3B AUM 58.13% 1-Year Est. Return
Bank of America
Bank of America Charlotte, North Carolina $1.37T AUM 24.88% 1-Year Est. Return
Northern Trust
Northern Trust Chicago, Illinois $757B AUM 28.64% 1-Year Est. Return

Goldman Sachs's NSC Position: Q1 2026 in Review

Goldman Sachs reduced its Norfolk Southern (NSC) stake by 1% in Q1 2026, selling an estimated $4.96M and leaving 1,625,745 shares worth $467M. The position accounts for 0.05% of the portfolio, ranked #368.

Goldman Sachs first reported a position in NSC in Q2 2013 and has held it in 52 quarters since. The position peaked at $615M in Q3 2025. 1,829 funds tracked by Wall St. Rank hold NSC as of Q1 2026.

  • Goldman Sachs held 1,625,745 shares of Norfolk Southern worth $467M as of Q1 2026.
  • Goldman Sachs sold 16,683 Norfolk Southern shares in Q1 2026, an estimated $4.96M.
  • Norfolk Southern made up 0.05% of Goldman Sachs's portfolio in Q1 2026, its #368 holding.
  • Goldman Sachs first reported a position in Norfolk Southern in Q2 2013 and has held it in 52 quarters since.
  • Goldman Sachs's Norfolk Southern position peaked at $615M in Q3 2025.
  • 1,829 funds tracked by Wall St. Rank held Norfolk Southern as of Q1 2026.

Based on Goldman Sachs's 13F filing for Q1 2026, filed 15 May 2026.