WIC
NSC icon

Water Island Capital’s Norfolk Southern NSC Stock Holding History

Water Island Capital’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
Q1 		$38.5M Buy
134,051
+5,008
+4% +$1.49M 4.3% 8
2025
Q4 		$37.3M Buy
129,043
+3,244
+3% +$938K 4.02% 3
2025
Q3 		$37.8M Buy
+125,799
New +$34.9M 4.76% 2
2019
Q3 		– Sell
-17,556
Closed -$3.5M – 86
2019
Q2 		$3.5M Sell
17,556
-4,575
-21% -$907K 0.08% 62
2019
Q1 		$4.14M Buy
22,131
+3,207
+17% +$555K 0.21% 53
2018
Q4 		$2.83M Sell
18,924
-33,841
-64% -$5.57M 0.21% 51
2018
Q3 		$9.52M Buy
52,765
+18,426
+54% +$3.15M 0.52% 48
2018
Q2 		$5.18M Buy
34,339
+839
+3% +$123K 0.28% 64
2018
Q1 		$4.55M Buy
33,500
+13,400
+67% +$1.93M 0.18% 52
2017
Q4 		$2.91M Sell
20,100
-1,859
-8% -$250K 0.18% 57
2017
Q3 		$2.9M Sell
21,959
-29,647
-57% -$3.6M 0.14% 69
2017
Q2 		$6.28M Buy
51,606
+12,564
+32% +$1.48M 0.3% 51
2017
Q1 		$4.37M Buy
+39,042
New +$4.57M 0.25% 48

Other funds holding NSC

BlackRock
BlackRock New York $5.72T AUM 30.48% 1-Year Est. Return
VCM
Vanguard Capital Management Malvern, Pennsylvania $4.04T AUM
State Street
State Street Boston, Massachusetts $2.9T AUM 29.55% 1-Year Est. Return
Dodge & Cox
Dodge & Cox San Francisco, California $182B AUM 14.68% 1-Year Est. Return
Geode Capital Management
Geode Capital Management Boston, Massachusetts $1.61T AUM 30.72% 1-Year Est. Return
Millennium Management
Millennium Management New York $240B AUM 35.51% 1-Year Est. Return
VPM
Vanguard Portfolio Management Malvern, Pennsylvania $1.91T AUM
PCM
Pentwater Capital Management Naples, Florida $19.3B AUM 58.13% 1-Year Est. Return
Bank of America
Bank of America Charlotte, North Carolina $1.37T AUM 24.88% 1-Year Est. Return
Northern Trust
Northern Trust Chicago, Illinois $757B AUM 28.64% 1-Year Est. Return

Water Island Capital's NSC Position: Q1 2026 in Review

Water Island Capital increased its Norfolk Southern (NSC) stake by 3.9% in Q1 2026, buying an estimated $1.49M and bringing the position to 134,051 shares worth $38.5M. The position accounts for 4.3% of the portfolio, ranked #8.

Water Island Capital first reported a position in NSC in Q1 2017 and has held it in 13 quarters since. 1,829 funds tracked by Wall St. Rank hold NSC as of Q1 2026.

  • Water Island Capital held 134,051 shares of Norfolk Southern worth $38.5M as of Q1 2026.
  • Water Island Capital bought 5,008 Norfolk Southern shares in Q1 2026, an estimated $1.49M.
  • Norfolk Southern made up 4.3% of Water Island Capital's portfolio in Q1 2026, its #8 holding.
  • Water Island Capital first reported a position in Norfolk Southern in Q1 2017 and has held it in 13 quarters since.
  • 1,829 funds tracked by Wall St. Rank held Norfolk Southern as of Q1 2026.

Based on Water Island Capital's 13F filing for Q1 2026, filed 15 May 2026.