MAM
NSC icon

Magellan Asset Management’s Norfolk Southern NSC Stock Holding History

Magellan Asset 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 		$63.3M Sell
201,346
-4,680
-2% -$1.44M 1.42% 21
2026
Q1 		$59.1M Sell
206,026
-23,218
-10% -$6.9M 0.77% 35
2025
Q4 		$66.2M Sell
229,244
-23,604
-9% -$6.83M 0.8% 33
2025
Q3 		$76M Sell
252,848
-145,419
-37% -$40.4M 0.9% 31
2025
Q2 		$102M Sell
398,267
-60,053
-13% -$14.2M 1.17% 31
2025
Q1 		$109M Sell
458,320
-303,325
-40% -$73.9M 1.32% 28
2024
Q4 		$179M Sell
761,645
-25,437
-3% -$6.47M 1.96% 24
2024
Q3 		$196M Sell
787,082
-175,447
-18% -$42.1M 1.95% 26
2024
Q2 		$207M Buy
962,529
+131,756
+16% +$30.6M 1.97% 23
2024
Q1 		$212M Sell
830,773
-139,350
-14% -$34.5M 2.02% 23
2023
Q4 		$229M Sell
970,123
-54,686
-5% -$11.5M 2.28% 20
2023
Q3 		$202M Buy
1,024,809
+44,912
+5% +$9.71M 2.14% 19
2023
Q2 		$222M Sell
979,897
-55,490
-5% -$11.8M 1.98% 20
2023
Q1 		$220M Buy
1,035,387
+86,264
+9% +$20M 1.87% 22
2022
Q4 		$234M Sell
949,123
-46,673
-5% -$11M 2% 21
2022
Q3 		$209M Sell
995,796
-40,380
-4% -$9.71M 1.46% 23
2022
Q2 		$236M Sell
1,036,176
-35,631
-3% -$8.75M 1.29% 24
2022
Q1 		$306M Buy
1,071,807
+41,515
+4% +$11.4M 1.18% 24
2021
Q4 		$307M Sell
1,030,292
-840
-0.1% -$235K 0.78% 24
2021
Q3 		$247M Sell
1,031,132
-16,851
-2% -$4.32M 0.49% 24
2021
Q2 		$278M Buy
1,047,983
+10,151
+1% +$2.8M 0.55% 22
2021
Q1 		$279M Buy
1,037,832
+467,573
+82% +$118M 0.58% 22
2020
Q4 		$135M Buy
570,259
+570,164
+600,173% +$130M 0.31% 25
2020
Q3 		$20K Buy
+95
New +$19.1K ﹤0.01% 93
2017
Q4 		– Sell
-68,267
Closed -$9.03M – 84
2017
Q3 		$9.03M Sell
68,267
-297,616
-81% -$36.2M 0.03% 39
2017
Q2 		$44.5M Sell
365,883
-19,722
-5% -$2.32M 0.19% 26
2017
Q1 		$43M Buy
385,605
+34,666
+10% +$4.05M 0.19% 28
2016
Q4 		$37.9M Buy
350,939
+16,227
+5% +$1.64M 0.18% 30
2016
Q3 		$32.5M Buy
+334,712
New +$30.5M 0.16% 29

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

Magellan Asset Management's NSC Position: Q2 2026 in Review

Magellan Asset Management reduced its Norfolk Southern (NSC) stake by 2.3% in Q2 2026, selling an estimated $1.44M and leaving 201,346 shares worth $63.3M. The position accounts for 1.42% of the portfolio, ranked #21.

Magellan Asset Management first reported a position in NSC in Q3 2016 and has held it in 29 quarters since. The position peaked at $307M in Q4 2021. 1,863 funds tracked by Wall St. Rank hold NSC as of Q2 2026.

  • Magellan Asset Management held 201,346 shares of Norfolk Southern worth $63.3M as of Q2 2026.
  • Magellan Asset Management sold 4,680 Norfolk Southern shares in Q2 2026, an estimated $1.44M.
  • Norfolk Southern made up 1.42% of Magellan Asset Management's portfolio in Q2 2026, its #21 holding.
  • Magellan Asset Management first reported a position in Norfolk Southern in Q3 2016 and has held it in 29 quarters since.
  • Magellan Asset Management's Norfolk Southern position peaked at $307M in Q4 2021.
  • 1,863 funds tracked by Wall St. Rank held Norfolk Southern as of Q2 2026.

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