Tortoise Investment Management’s Norfolk Southern NSC Stock Holding History

Tortoise 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	-300	Closed	-$90.1K	–	1026
2025 Q3	$90.1K	Buy	300 +4	+1%	+$1.11K	0.01%	324
2025 Q2	$75.8K	Buy	296 +3	+1%	+$707	0.01%	329
2025 Q1	$69.4K	Hold	293	–	–	0.01%	328
2024 Q4	$68.8K	Buy	293 +4	+1%	+$1.02K	0.01%	364
2024 Q3	$71.8K	Hold	289	–	–	0.01%	354
2024 Q2	$62K	Hold	289	–	–	0.01%	361
2024 Q1	$73.7K	Hold	289	–	–	0.01%	330
2023 Q4	$68.3K	Hold	289	–	–	0.01%	320
2023 Q3	$56.9K	Hold	289	–	–	0.01%	331
2023 Q2	$65.5K	Hold	289	–	–	0.01%	322
2023 Q1	$61.3K	Sell	289 -19	-6%	-$4.4K	0.01%	314
2022 Q4	$75.9K	Hold	308	–	–	0.01%	288
2022 Q3	$65K	Hold	308	–	–	0.01%	285
2022 Q2	$70K	Buy	308 +19	+7%	+$4.67K	0.01%	261
2022 Q1	$82K	Sell	289 -25	-8%	-$6.89K	0.02%	247
2021 Q4	$93K	Buy	314 +25	+9%	+$6.98K	0.02%	225
2021 Q3	$69K	Hold	289	–	–	0.01%	244
2021 Q2	$77K	Hold	289	–	–	0.02%	219
2021 Q1	$78K	Hold	289	–	–	0.02%	217
2020 Q4	$69K	Buy	289 +50	+21%	+$11.4K	0.02%	213
2020 Q3	$51K	Hold	239	–	–	0.01%	227
2020 Q2	$42K	Hold	239	–	–	0.01%	239
2020 Q1	$35K	Hold	239	–	–	0.01%	254
2019 Q4	$46K	Hold	239	–	–	0.01%	251
2019 Q3	$43K	Hold	239	–	–	0.01%	250
2019 Q2	$48K	Hold	239	–	–	0.01%	261
2019 Q1	$45K	Hold	239	–	–	0.01%	259
2018 Q4	$36K	Hold	239	–	–	0.01%	264
2018 Q3	$43K	Hold	239	–	–	0.01%	258
2018 Q2	$36K	Hold	239	–	–	0.01%	274
2018 Q1	$32K	Hold	239	–	–	0.01%	284
2017 Q4	$35K	Buy	+239	New	+$32.1K	0.01%	275
2017 Q2	–	Sell	-60	Closed	-$7K	–	504
2017 Q1	$7K	Sell	60 -67	-53%	-$7.83K	﹤0.01%	366
2016 Q4	$14K	Buy	+127	New	+$12.8K	﹤0.01%	299
2016 Q3	–	Sell	-80	Closed	-$7K	–	493
2016 Q2	$7K	Sell	80 -820	-91%	-$69.7K	﹤0.01%	354
2016 Q1	$75K	Hold	900	–	–	0.03%	163
2015 Q4	$76K	Hold	900	–	–	0.03%	172
2015 Q3	$69K	Hold	900	–	–	0.03%	176
2015 Q2	$79K	Hold	900	–	–	0.03%	172
2015 Q1	$93K	Sell	900 -50	-5%	-$5.35K	0.04%	165
2014 Q4	$104K	Buy	950 +50	+6%	+$5.48K	0.04%	152
2014 Q3	$100K	Hold	900	–	–	0.04%	149
2014 Q2	$93K	Hold	900	–	–	0.04%	163
2014 Q1	$87K	Hold	900	–	–	0.04%	153
2013 Q4	$84K	Hold	900	–	–	0.05%	150
2013 Q3	$70K	Hold	900	–	–	0.04%	131
2013 Q2	$65K	Buy	+900	New	+$68.7K	0.04%	126

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 $3.37T AUM 44.26% 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

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

Tortoise Investment Management sold out of Norfolk Southern (NSC) in Q4 2025, closing a stake of 300 shares — an estimated $90.1K sold.

Tortoise Investment Management first reported a position in NSC in Q2 2013 and held it in 47 quarters. The position peaked at $104K in Q4 2014. 1,850 funds tracked by Wall St. Rank hold NSC as of Q4 2025.

Tortoise Investment Management reported no remaining Norfolk Southern position as of Q4 2025 after selling out during the quarter.
Tortoise Investment Management sold 300 Norfolk Southern shares in Q4 2025, an estimated $90.1K.
Tortoise Investment Management first reported a position in Norfolk Southern in Q2 2013 and held it in 47 quarters.
Tortoise Investment Management's Norfolk Southern position peaked at $104K in Q4 2014.
1,850 funds tracked by Wall St. Rank held Norfolk Southern as of Q4 2025.

Based on Tortoise Investment Management's 13F filing for Q4 2025, filed 6 Feb 2026.