Hudson Bay Capital Management
NSC icon

Hudson Bay Capital Management’s Norfolk Southern NSC Stock Holding History

Hudson Bay 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 		$153M Buy
486,264
+73,711
+18% +$22.7M 0.42% 50
2026
Q1 		$118M Buy
412,553
+77,233
+23% +$23M 0.41% 52
2025
Q4 		$96.8M Buy
335,320
+183,857
+121% +$53.2M 0.32% 67
2025
Q3 		$45.5M Buy
151,463
+115,073
+316% +$32M 0.15% 117
2025
Q2 		$9.31M Sell
36,390
-19,110
-34% -$4.51M 0.03% 370
2025
Q1 		$13.1M Sell
55,500
-42,419
-43% -$10.3M 0.04% 337
2024
Q4 		$23M Buy
97,919
+49,249
+101% +$12.5M 0.08% 229
2024
Q3 		$12.1M Sell
48,670
-26,319
-35% -$6.31M 0.05% 248
2024
Q2 		$16.1M Buy
74,989
+53,419
+248% +$12.4M 0.08% 157
2024
Q1 		$5.5M Buy
21,570
+11,437
+113% +$2.83M 0.03% 281
2023
Q4 		$2.4M Buy
+10,133
New +$2.12M 0.02% 419
2023
Q3 		– Sell
-9,000
Closed -$2.04M – 907
2023
Q2 		$2.04M Buy
+9,000
New +$1.91M 0.01% 499
2021
Q3 		– Sell
-12,000
Closed -$3.19M – 1054
2021
Q2 		$3.19M Buy
12,000
+6,000
+100% +$1.66M 0.04% 488
2021
Q1 		$1.61M Sell
6,000
-2,000
-25% -$507K 0.02% 607
2020
Q4 		$1.9M Buy
+8,000
New +$1.82M 0.02% 390
2020
Q3 		– Sell
-6,000
Closed -$1.05M – 609
2020
Q2 		$1.05M Sell
6,000
-1,000
-14% -$169K 0.02% 380
2020
Q1 		$1.02M Buy
+7,000
New +$1.29M 0.03% 327
2019
Q4 		– Sell
-33,752
Closed -$6.06M – 478
2019
Q3 		$6.06M Buy
33,752
+12,500
+59% +$2.3M 0.17% 123
2019
Q2 		$4.24M Sell
21,252
-26,797
-56% -$5.32M 0.1% 194
2019
Q1 		$8.98M Buy
+48,049
New +$8.31M 0.12% 164
2018
Q3 		– Sell
-12,200
Closed -$2.08M – 841
2018
Q2 		$1.84M Buy
+12,200
New +$1.78M 0.03% 527
2017
Q2 		– Sell
-40,000
Closed -$4.48M – 711
2017
Q1 		$4.48M Buy
+40,000
New +$4.68M 0.06% 292

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

Hudson Bay Capital Management's NSC Position: Q2 2026 in Review

Hudson Bay Capital Management increased its Norfolk Southern (NSC) stake by 18% in Q2 2026, buying an estimated $22.7M and bringing the position to 486,264 shares worth $153M. The position accounts for 0.42% of the portfolio, ranked #50.

Hudson Bay Capital Management first reported a position in NSC in Q1 2017 and has held it in 22 quarters since. 1,857 funds tracked by Wall St. Rank hold NSC as of Q2 2026.

  • Hudson Bay Capital Management held 486,264 shares of Norfolk Southern worth $153M as of Q2 2026.
  • Hudson Bay Capital Management bought 73,711 Norfolk Southern shares in Q2 2026, an estimated $22.7M.
  • Norfolk Southern made up 0.42% of Hudson Bay Capital Management's portfolio in Q2 2026, its #50 holding.
  • Hudson Bay Capital Management first reported a position in Norfolk Southern in Q1 2017 and has held it in 22 quarters since.
  • 1,857 funds tracked by Wall St. Rank held Norfolk Southern as of Q2 2026.

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