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
2019 Q1	–	Sell	-15,000	Closed	-$2.24M	–	843
2018 Q4	$2.24M	Sell	15,000 -135,000	-90%	-$22.2M	0.03%	488
2018 Q3	$27.1M	Buy	+150,000	New	+$25.6M	0.33%	61
2017 Q1	–	Sell	-105,200	Closed	-$11.4M	–	882
2016 Q4	$11.4M	Buy	+105,200	New	+$10.6M	0.24%	88

Other funds holding NSC

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

VCM

Vanguard Capital Management Malvern, Pennsylvania $4.04T AUM

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

Dodge & Cox San Francisco, California $182B AUM 14.68% 1-Year Est. Return

Geode Capital Management Boston, Massachusetts $1.61T AUM 30.72% 1-Year Est. Return

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 Charlotte, North Carolina $1.37T AUM 24.88% 1-Year Est. Return

Northern Trust Chicago, Illinois $757B AUM 28.64% 1-Year Est. Return

Hudson Bay Capital Management's NSC Position: Q1 2026 in Review

Hudson Bay Capital Management increased its Norfolk Southern (NSC) stake by 23% in Q1 2026, buying an estimated $23M and bringing the position to 412,553 shares worth $118M. The position accounts for 0.41% of the portfolio, ranked #52.

Hudson Bay Capital Management first reported a position in NSC in Q1 2017 and has held it in 21 quarters since. 1,834 funds tracked by Wall St. Rank hold NSC as of Q1 2026.

Hudson Bay Capital Management held 412,553 shares of Norfolk Southern worth $118M as of Q1 2026.
Hudson Bay Capital Management bought 77,233 Norfolk Southern shares in Q1 2026, an estimated $23M.
Norfolk Southern made up 0.41% of Hudson Bay Capital Management's portfolio in Q1 2026, its #52 holding.
Hudson Bay Capital Management first reported a position in Norfolk Southern in Q1 2017 and has held it in 21 quarters since.
1,834 funds tracked by Wall St. Rank held Norfolk Southern as of Q1 2026.

Based on Hudson Bay Capital Management's 13F filing for Q1 2026, filed 13 May 2026.