State of New Jersey Common Pension Fund D’s Norfolk Southern NSC Stock Holding History

State of New Jersey Common Pension Fund D’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	$22.6M	Sell	71,910 -4,091	-5%	-$1.26M	0.08%	204
2026 Q1	$21.8M	Hold	76,001	–	–	0.08%	206
2025 Q4	$21.9M	Sell	76,001 -2,223	-3%	-$643K	0.08%	199
2025 Q3	$23.5M	Buy	78,224 +2,046	+3%	+$568K	0.09%	187
2025 Q2	$19.5M	Sell	76,178 -135	-0.2%	-$31.8K	0.08%	216
2025 Q1	$18.1M	Sell	76,313 -6,604	-8%	-$1.61M	0.08%	211
2024 Q4	$19.5M	Hold	82,917	–	–	0.08%	220
2024 Q3	$20.6M	Hold	82,917	–	–	0.08%	201
2024 Q2	$17.8M	Sell	82,917 -44,833	-35%	-$10.4M	0.08%	209
2024 Q1	$32.6M	Buy	127,750 +1,591	+1%	+$394K	0.1%	189
2023 Q4	$29.8M	Hold	126,159	–	–	0.1%	184
2023 Q3	$24.8M	Sell	126,159 -5,955	-5%	-$1.29M	0.09%	199
2023 Q2	$30M	Sell	132,114 -2,731	-2%	-$580K	0.1%	176
2023 Q1	$28.6M	Sell	134,845 -1,748	-1%	-$404K	0.1%	183
2022 Q4	$33.7M	Sell	136,593 -2,954	-2%	-$699K	0.13%	154
2022 Q3	$29.3M	Hold	139,547	–	–	0.12%	161
2022 Q2	$31.7M	Sell	139,547 -1,715	-1%	-$421K	0.12%	160
2022 Q1	$40.3M	Sell	141,262 -3,017	-2%	-$831K	0.13%	144
2021 Q4	$43M	Sell	144,279 -2,784	-2%	-$777K	0.12%	149
2021 Q3	$35.2M	Buy	147,063 +1,171	+0.8%	+$300K	0.11%	166
2021 Q2	$38.7M	Sell	145,892 -4,496	-3%	-$1.24M	0.13%	150
2021 Q1	$40.4M	Sell	150,388 -6,863	-4%	-$1.74M	0.14%	136
2020 Q4	$37.4M	Sell	157,251 -7,564	-5%	-$1.72M	0.13%	146
2020 Q3	$35.3M	Sell	164,815 -9,616	-6%	-$1.93M	0.14%	138
2020 Q2	$30.6M	Sell	174,431 -16,202	-8%	-$2.74M	0.13%	154
2020 Q1	$27.8M	Hold	190,633	–	–	0.14%	154
2019 Q4	$37M	Sell	190,633 -14,667	-7%	-$2.75M	0.14%	143
2019 Q3	$36.9M	Buy	205,300 +85,300	+71%	+$15.7M	0.14%	143
2019 Q2	$23.9M	Buy	120,000 +30,000	+33%	+$5.95M	0.09%	251
2019 Q1	$16.8M	Buy	90,000 +78,000	+650%	+$13.5M	0.06%	317
2018 Q4	$1.79M	Hold	12,000	–	–	0.01%	722
2018 Q3	$2.17M	Sell	12,000 -13,000	-52%	-$2.22M	0.01%	736
2018 Q2	$3.77M	Sell	25,000 -100,000	-80%	-$14.6M	0.01%	650
2018 Q1	$17M	Buy	125,000 +99,000	+381%	+$14.2M	0.07%	311
2017 Q4	$3.77M	Sell	26,000 -39,000	-60%	-$5.24M	0.01%	638
2017 Q3	$8.6M	Buy	+65,000	New	+$7.9M	0.03%	456
2016 Q3	–	Sell	-60,000	Closed	-$5.11M	–	954
2016 Q2	$5.11M	Buy	60,000 +35,000	+140%	+$2.97M	0.02%	543
2016 Q1	$2.08M	Buy	+25,000	New	+$1.89M	0.01%	707
2015 Q4	–	Sell	-25,000	Closed	-$1.91M	–	1006
2015 Q3	$1.91M	Buy	+25,000	New	+$2.03M	0.01%	744
2015 Q2	–	Sell	-270,000	Closed	-$27.8M	–	951
2015 Q1	$27.8M	Buy	270,000 +90,000	+50%	+$9.62M	0.11%	216
2014 Q4	$19.7M	Buy	180,000 +10,000	+6%	+$1.1M	0.08%	296
2014 Q3	$19M	Sell	170,000 -10,000	-6%	-$1.06M	0.07%	291
2014 Q2	$18.5M	Buy	+180,000	New	+$17.7M	0.07%	295

Other funds holding NSC

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

Vanguard Capital Management Malvern, Pennsylvania $4.68T AUM

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

Vanguard Portfolio Management Malvern, Pennsylvania $2.22T AUM

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

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

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

Norges Bank Oslo, Norway $1T AUM

PCM

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

Northern Trust Chicago, Illinois $860B AUM 41.15% 1-Year Est. Return

State of New Jersey Common Pension Fund D's NSC Position: Q2 2026 in Review

State of New Jersey Common Pension Fund D reduced its Norfolk Southern (NSC) stake by 5.4% in Q2 2026, selling an estimated $1.26M and leaving 71,910 shares worth $22.6M. The position accounts for 0.08% of the portfolio, ranked #204.

State of New Jersey Common Pension Fund D first reported a position in NSC in Q2 2014 and has held it in 43 quarters since. The position peaked at $43M in Q4 2021. 1,870 funds tracked by Wall St. Rank hold NSC as of Q2 2026.

State of New Jersey Common Pension Fund D held 71,910 shares of Norfolk Southern worth $22.6M as of Q2 2026.
State of New Jersey Common Pension Fund D sold 4,091 Norfolk Southern shares in Q2 2026, an estimated $1.26M.
Norfolk Southern made up 0.08% of State of New Jersey Common Pension Fund D's portfolio in Q2 2026, its #204 holding.
State of New Jersey Common Pension Fund D first reported a position in Norfolk Southern in Q2 2014 and has held it in 43 quarters since.
State of New Jersey Common Pension Fund D's Norfolk Southern position peaked at $43M in Q4 2021.
1,870 funds tracked by Wall St. Rank held Norfolk Southern as of Q2 2026.

Based on State of New Jersey Common Pension Fund D's 13F filing for Q2 2026, filed 4 Aug 2026.