Morningstar Investment Management’s Norfolk Southern NSC Stock Holding History

Morningstar Investment 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
2025 Q4	–	Sell	-6,333	Closed	-$1.9M	–	419
2025 Q3	$1.9M	Buy	6,333 +4,000	+171%	+$1.11M	0.07%	256
2025 Q2	$597K	Buy	+2,333	New	+$550K	0.05%	104
2025 Q1	–	Sell	-2,384	Closed	-$560K	–	172
2024 Q4	$560K	Hold	2,384	–	–	0.04%	121
2024 Q3	$605K	Buy	2,384 +94	+4%	+$22.5K	0.06%	125
2024 Q2	$492K	Hold	2,290	–	–	0.05%	123
2024 Q1	$584K	Hold	2,290	–	–	0.06%	117
2023 Q4	$541K	Sell	2,290 -82	-3%	-$17.2K	0.06%	122
2023 Q3	$467K	Hold	2,372	–	–	0.06%	101
2023 Q2	$538K	Buy	+2,372	New	+$504K	0.07%	96

Other funds holding NSC

Vanguard Group Malvern, Pennsylvania $6.9T AUM 27.45% 1-Year Est. Return

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

State Street Boston, Massachusetts $3.38T AUM 44.17% 1-Year Est. Return

Dodge & Cox San Francisco, California $191B AUM 17.5% 1-Year Est. Return

Geode Capital Management Boston, Massachusetts $1.88T AUM 44.46% 1-Year Est. Return

Millennium Management New York $276B AUM 44.8% 1-Year Est. Return

Norges Bank Oslo, Norway $1T AUM

Bank of America Charlotte, North Carolina $1.55T AUM 33.47% 1-Year Est. Return

PCM

Pentwater Capital Management Naples, Florida $16.4B AUM 55.44% 1-Year Est. Return

T. Rowe Price Associates Baltimore, Maryland $999B AUM 46.22% 1-Year Est. Return

Morningstar Investment Management's NSC Position: Q4 2025 in Review

Morningstar Investment Management sold out of Norfolk Southern (NSC) in Q4 2025, closing a stake of 6,333 shares — an estimated $1.9M sold.

Morningstar Investment Management first reported a position in NSC in Q2 2023 and held it in 9 quarters. The position peaked at $1.9M in Q3 2025. 1,852 funds tracked by Wall St. Rank hold NSC as of Q4 2025.

Morningstar Investment Management reported no remaining Norfolk Southern position as of Q4 2025 after selling out during the quarter.
Morningstar Investment Management sold 6,333 Norfolk Southern shares in Q4 2025, an estimated $1.9M.
Morningstar Investment Management first reported a position in Norfolk Southern in Q2 2023 and held it in 9 quarters.
Morningstar Investment Management's Norfolk Southern position peaked at $1.9M in Q3 2025.
1,852 funds tracked by Wall St. Rank held Norfolk Southern as of Q4 2025.

Based on Morningstar Investment Management's 13F filing for Q4 2025, filed 9 Feb 2026.