M&T Bank’s Norfolk Southern NSC Stock Holding History

M&T Bank’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	$40.2M	Sell	139,969 -1,223	-0.9%	-$364K	0.14%	125
2025 Q4	$40.8M	Buy	141,192 +2,123	+2%	+$614K	0.13%	130
2025 Q3	$41.8M	Sell	139,069 -4,758	-3%	-$1.32M	0.14%	126
2025 Q2	$36.8M	Sell	143,827 -508	-0.4%	-$120K	0.13%	143
2025 Q1	$34.2M	Sell	144,335 -2,974	-2%	-$725K	0.12%	145
2024 Q4	$34.6M	Sell	147,309 -2,392	-2%	-$608K	0.12%	150
2024 Q3	$37.2M	Sell	149,701 -1,087	-0.7%	-$261K	0.12%	147
2024 Q2	$32.4M	Sell	150,788 -1,358	-0.9%	-$315K	0.11%	154
2024 Q1	$38.8M	Sell	152,146 -526	-0.3%	-$130K	0.13%	133
2023 Q4	$36.1M	Sell	152,672 -1,011	-0.7%	-$212K	0.13%	139
2023 Q3	$30.3M	Sell	153,683 -1,112	-0.7%	-$240K	0.12%	144
2023 Q2	$35.1M	Sell	154,795 -2,626	-2%	-$558K	0.13%	137
2023 Q1	$33.4M	Sell	157,421 -7,984	-5%	-$1.85M	0.13%	142
2022 Q4	$40.8M	Buy	165,405 +2,979	+2%	+$705K	0.16%	126
2022 Q3	$34.1M	Buy	162,426 +20,712	+15%	+$4.98M	0.15%	140
2022 Q2	$31.8M	Buy	141,714 +3,153	+2%	+$774K	0.15%	133
2022 Q1	$39.5M	Sell	138,561 -2,246	-2%	-$619K	0.17%	126
2021 Q4	$41.9M	Sell	140,807 -7,300	-5%	-$2.04M	0.18%	126
2021 Q3	$35.4M	Sell	148,107 -1,134	-0.8%	-$291K	0.16%	136
2021 Q2	$39.6M	Sell	149,241 -2,417	-2%	-$667K	0.17%	125
2021 Q1	$40.7M	Sell	151,658 -10,129	-6%	-$2.57M	0.18%	123
2020 Q4	$38.4M	Sell	161,787 -5,304	-3%	-$1.21M	0.17%	119
2020 Q3	$35.8M	Sell	167,091 -3,145	-2%	-$632K	0.18%	114
2020 Q2	$29.9M	Sell	170,236 -8,411	-5%	-$1.42M	0.16%	121
2020 Q1	$26.1M	Sell	178,647 -4,401	-2%	-$812K	0.15%	126
2019 Q4	$35.5M	Sell	183,048 -3,379	-2%	-$634K	0.17%	92
2019 Q3	$33.5M	Buy	186,427 +3,586	+2%	+$660K	0.17%	125
2019 Q2	$36.4M	Sell	182,841 -4,564	-2%	-$905K	0.19%	116
2019 Q1	$35M	Sell	187,405 -8,298	-4%	-$1.44M	0.18%	117
2018 Q4	$29.3M	Sell	195,703 -8,463	-4%	-$1.39M	0.17%	126
2018 Q3	$36.9M	Sell	204,166 -4,773	-2%	-$815K	0.18%	117
2018 Q2	$31.5M	Buy	208,939 +4,025	+2%	+$588K	0.17%	132
2018 Q1	$27.8M	Sell	204,914 -7,948	-4%	-$1.14M	0.15%	133
2017 Q4	$30.8M	Sell	212,862 -2,768	-1%	-$372K	0.16%	130
2017 Q3	$28.5M	Buy	215,630 +367	+0.2%	+$44.6K	0.15%	132
2017 Q2	$26.2M	Sell	215,263 -9,609	-4%	-$1.13M	0.15%	140
2017 Q1	$25.2M	Sell	224,872 -3,751	-2%	-$439K	0.15%	140
2016 Q4	$24.7M	Sell	228,623 -3,647	-2%	-$368K	0.15%	142
2016 Q3	$22.5M	Sell	232,270 -7,964	-3%	-$725K	0.14%	145
2016 Q2	$20.5M	Sell	240,234 -4,217	-2%	-$358K	0.14%	159
2016 Q1	$20.4M	Buy	244,451 +804	+0.3%	+$60.8K	0.14%	156
2015 Q4	$20.6M	Buy	243,647 +2,077	+0.9%	+$178K	0.14%	155
2015 Q3	$18.5M	Buy	241,570 +26,068	+12%	+$2.12M	0.13%	160
2015 Q2	$18.8M	Sell	215,502 -19,656	-8%	-$1.92M	0.11%	162
2015 Q1	$24.2M	Buy	235,158 +1,001	+0.4%	+$107K	0.15%	133
2014 Q4	$25.7M	Sell	234,157 -2,073	-0.9%	-$227K	0.16%	125
2014 Q3	$26.4M	Buy	236,230 +212,700	+904%	+$22.6M	0.17%	109
2014 Q2	$2.42M	Sell	23,530 -390	-2%	-$38.3K	0.1%	155
2014 Q1	$2.33M	Sell	23,920 -1,575	-6%	-$146K	0.1%	149
2013 Q4	$2.37M	Sell	25,495 -795	-3%	-$68.2K	0.1%	149
2013 Q3	$2.03M	Sell	26,290 -1,650	-6%	-$124K	0.1%	150
2013 Q2	$2.03M	Buy	+27,940	New	+$2.13M	0.1%	147

Other funds holding NSC

BlackRock New York $5.72T AUM 30.48% 1-Year Est. Return

VCM

Vanguard Capital Management Malvern, Pennsylvania $4.04T AUM

State Street Boston, Massachusetts $2.9T AUM 29.55% 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

M&T Bank's NSC Position: Q1 2026 in Review

M&T Bank reduced its Norfolk Southern (NSC) stake by 0.87% in Q1 2026, selling an estimated $364K and leaving 139,969 shares worth $40.2M. The position accounts for 0.14% of the portfolio, ranked #125.

M&T Bank first reported a position in NSC in Q2 2013 and has held it in 52 quarters since. The position peaked at $41.9M in Q4 2021. 1,829 funds tracked by Wall St. Rank hold NSC as of Q1 2026.

M&T Bank held 139,969 shares of Norfolk Southern worth $40.2M as of Q1 2026.
M&T Bank sold 1,223 Norfolk Southern shares in Q1 2026, an estimated $364K.
Norfolk Southern made up 0.14% of M&T Bank's portfolio in Q1 2026, its #125 holding.
M&T Bank first reported a position in Norfolk Southern in Q2 2013 and has held it in 52 quarters since.
M&T Bank's Norfolk Southern position peaked at $41.9M in Q4 2021.
1,829 funds tracked by Wall St. Rank held Norfolk Southern as of Q1 2026.

Based on M&T Bank's 13F filing for Q1 2026, filed 12 May 2026.