Monarch Capital Management’s Norfolk Southern NSC Stock Holding History

Monarch 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	$629K	Sell	2,000 -115	-5%	-$35.5K	0.14%	97
2026 Q1	$607K	Sell	2,115 -180	-8%	-$53.5K	0.15%	91
2025 Q4	$663K	Sell	2,295 -295	-11%	-$85.3K	0.16%	87
2025 Q3	$778K	Hold	2,590	–	–	0.19%	82
2025 Q2	$663K	Sell	2,590 -50	-2%	-$11.8K	0.18%	83
2025 Q1	$625K	Sell	2,640 -60	-2%	-$14.6K	0.17%	85
2024 Q4	$634K	Sell	2,700 -270	-9%	-$68.6K	0.17%	83
2024 Q3	$738K	Hold	2,970	–	–	0.2%	75
2024 Q2	$638K	Sell	2,970 -100	-3%	-$23.2K	0.19%	80
2024 Q1	$782K	Buy	3,070 +40	+1%	+$9.9K	0.22%	72
2023 Q4	$716K	Hold	3,030	–	–	0.22%	72
2023 Q3	$597K	Hold	3,030	–	–	0.19%	76
2023 Q2	$687K	Hold	3,030	–	–	0.21%	74
2023 Q1	$642K	Hold	3,030	–	–	0.2%	74
2022 Q4	$747K	Hold	3,030	–	–	0.23%	72
2022 Q3	$635K	Sell	3,030 -356	-11%	-$85.6K	0.21%	74
2022 Q2	$770K	Hold	3,386	–	–	0.23%	72
2022 Q1	$966K	Hold	3,386	–	–	0.26%	68
2021 Q4	$1.01M	Hold	3,386	–	–	0.26%	68
2021 Q3	$810K	Hold	3,386	–	–	0.23%	72
2021 Q2	$899K	Sell	3,386 -50	-1%	-$13.8K	0.26%	68
2021 Q1	$923K	Hold	3,436	–	–	0.27%	67
2020 Q4	$816K	Hold	3,436	–	–	0.26%	67
2020 Q3	$735K	Sell	3,436 -167	-5%	-$33.5K	0.26%	68
2020 Q2	$633K	Hold	3,603	–	–	0.23%	71
2020 Q1	$526K	Sell	3,603 -50	-1%	-$9.23K	0.21%	71
2019 Q4	$709K	Sell	3,653 -49	-1%	-$9.19K	0.23%	68
2019 Q3	$665K	Sell	3,702 -170	-4%	-$31.3K	0.23%	68
2019 Q2	$772K	Sell	3,872 -300	-7%	-$59.5K	0.28%	65
2019 Q1	$780K	Sell	4,172 -375	-8%	-$64.9K	0.28%	66
2018 Q4	$680K	Sell	4,547 -150	-3%	-$24.7K	0.28%	66
2018 Q3	$848K	Hold	4,697	–	–	0.31%	63
2018 Q2	$709K	Hold	4,697	–	–	0.27%	67
2018 Q1	$638K	Buy	4,697 +100	+2%	+$14.4K	0.25%	66
2017 Q4	$666K	Hold	4,597	–	–	0.25%	67
2017 Q3	$608K	Hold	4,597	–	–	0.23%	68
2017 Q2	$559K	Sell	4,597 -1,325	-22%	-$156K	0.21%	70
2017 Q1	$663K	Hold	5,922	–	–	0.24%	66
2016 Q4	$640K	Hold	5,922	–	–	0.24%	67
2016 Q3	$575K	Sell	5,922 -6,550	-53%	-$596K	0.22%	69
2016 Q2	$1.06M	Hold	12,472	–	–	0.4%	57
2016 Q1	$1.04M	Buy	12,472 +997	+9%	+$75.3K	0.37%	59
2015 Q4	$971K	Hold	11,475	–	–	0.37%	61
2015 Q3	$877K	Hold	11,475	–	–	0.36%	60
2015 Q2	$1M	Hold	11,475	–	–	0.38%	62
2015 Q1	$1.18M	Hold	11,475	–	–	0.45%	57
2014 Q4	$1.26M	Hold	11,475	–	–	0.48%	54
2014 Q3	$1.28M	Hold	11,475	–	–	0.51%	54
2014 Q2	$1.18M	Buy	11,475 +125	+1%	+$12.3K	0.46%	56
2014 Q1	$1.1M	Sell	11,350 -13,106	-54%	-$1.22M	0.44%	57
2013 Q4	$2.27M	Sell	24,456 -300	-1%	-$25.7K	0.89%	43
2013 Q3	$1.92M	Sell	24,756 -700	-3%	-$52.4K	0.8%	46
2013 Q2	$1.85M	Buy	+25,456	New	+$1.94M	0.8%	46

Other funds holding NSC

Sumitomo Mitsui Trust Group Minato-Ku, Tokyo, Japan $175B AUM 40.63% 1-Year Est. Return

Davenport & Co Richmond, Virginia $20.4B AUM 18.11% 1-Year Est. Return

Aberdeen Group Edinburgh, United Kingdom $71.2B AUM 41.74% 1-Year Est. Return

COPPSERS

Commonwealth of Pennsylvania Public School Employees Retirement System Harrisburg, Pennsylvania $20.6B AUM 37.37% 1-Year Est. Return

Markel Group Glen Allen, Virginia $13.1B AUM 15.62% 1-Year Est. Return

Calamos Advisors Naperville, Illinois $30.1B AUM 30.03% 1-Year Est. Return

New York State Common Retirement Fund Albany, New York $79.3B AUM 43.63% 1-Year Est. Return

MMA

Mizuho Markets Americas New York $6.37B AUM 47.14% 1-Year Est. Return

Whittier Trust South Pasadena, California $10.2B AUM 33.39% 1-Year Est. Return

Assenagon Asset Management Senningerberg, Luxembourg $80.2B AUM 50.57% 1-Year Est. Return

Monarch Capital Management's NSC Position: Q2 2026 in Review

Monarch Capital Management reduced its Norfolk Southern (NSC) stake by 5.4% in Q2 2026, selling an estimated $35.5K and leaving 2,000 shares worth $629K. The position accounts for 0.14% of the portfolio, ranked #97.

Monarch Capital Management first reported a position in NSC in Q2 2013 and has held it in 53 quarters since. The position peaked at $2.27M in Q4 2013. 835 funds tracked by Wall St. Rank hold NSC as of Q2 2026.

Monarch Capital Management held 2,000 shares of Norfolk Southern worth $629K as of Q2 2026.
Monarch Capital Management sold 115 Norfolk Southern shares in Q2 2026, an estimated $35.5K.
Norfolk Southern made up 0.14% of Monarch Capital Management's portfolio in Q2 2026, its #97 holding.
Monarch Capital Management first reported a position in Norfolk Southern in Q2 2013 and has held it in 53 quarters since.
Monarch Capital Management's Norfolk Southern position peaked at $2.27M in Q4 2013.
835 funds tracked by Wall St. Rank held Norfolk Southern as of Q2 2026.

Based on Monarch Capital Management's 13F filing for Q2 2026, filed 22 Jul 2026.