Norfolk Southern Corporation
MX ˙ BMV ˙ US6558441084
SecurityMX:NSC / Norfolk Southern Corporation
InstitutionComerica Bank
Latest Disclosed Ownership67,235 shares
Latest Disclosed Value $ 19,412,041
Comerica Bank reports 8.96% decrease in ownership of NSC / Norfolk Southern Corporation

On January 29, 2026 - Comerica Bank filed a 13F-HR form disclosing ownership of 67,235 shares of Norfolk Southern Corporation (MX:NSC) valued at $19,412,041 USD as of December 31, 2025. The entity filed a previous 13F-HR on November 14, 2025 disclosing 73,855 shares of Norfolk Southern Corporation. This represents a change in shares of -8.96% during the quarter.

Institutional Ownership: 13F and NPORT Filings

The Security and Class in the table below are shown exactly as filed by the investor. We do our best to track continuity of investments through acquisitions, and this will be reflected in the table as changes in names. In addition to descriptive data, performance of the investment is shown over time. To calculate quarterly performance, we first calculate cost basis of the shares purchased during the quarter, then use that to calculate gross profit. Quarterly return is Gross Profit / Starting Portfolio value.

Note that cost basis is calculated and stored in thousands, so small quarterly changes in shares frequently result in a cost basis of zero.

Upgrade to unlock premium data and export to Excel .

Disclosed Equity Positions (from 13F/NPORT Filings)
File
Date		 Effective
Date		Form Security Class ID Avg Price
Paid (Est)		 Reported
Shares		 ΔShares ΔShares
(%)		 Reported
Value
(x1000)		 ΔValue
(%)		 Alloc
(%)		 ΔAlloc ΔAlloc (%) Cost Basis
(x1000)		 Unrealized
Gain/Loss
(x1000)
2026-01-29 2025-12-31 13F NORFOLK SOUTHN COM 655844108 67,235 -6,620 -8.96 19,412 -12.50 0.0774
2025-11-14 2025-09-30 13F NORFOLK SOUTHN COM 655844108 73,855 -7,256 -8.95 22,187 6.86 0.0835
2025-08-14 2025-06-30 13F NORFOLK SOUTHN COM 655844108 81,111 -1,702 -2.06 20,762 5.85 0.0806
2025-05-14 2025-03-31 13F NORFOLK SOUTHN COM 655844108 82,813 -1,394 -1.66 19,614 -0.75 0.0824
2025-02-14 2024-12-31 13F/A-1 NORFOLK SOUTHN COM 655844108 84,207 -2,591 -2.99 19,763 -8.37 0.0797
2025-02-14 2024-12-31 13F NORFOLK SOUTHN COM 655844108 84,207 -2,591 19,763 0.0662
2024-11-14 2024-09-30 13F NORFOLK SOUTHN COM 655844108 86,798 -3,643 -4.03 21,569 11.09 0.0853
2024-08-15 2024-06-30 13F NORFOLK SOUTHERN COMMON 655844108 90,441 2,342 2.66 19,417 -13.53 0.0808
2024-05-16 2024-03-31 13F NORFOLK SOUTHERN COMMON 655844108 88,099 2,372 2.77 22,454 10.80 0.0968
2024-02-14 2023-12-31 13F NORFOLK SOUTHERN COMMON 655844108 85,727 -1,126 -1.30 20,264 18.48 0.0933
2023-11-21 2023-09-30 13F NORFOLK SOUTHN COMMON 655844108 86,853 -125,966 -59.19 17,104 0.0891
2023-08-22 2023-06-30 13F NORFOLK SOUTHERN EQU 655844108 212,819 163,854 334.63 0 -100.00 0.0140
2023-01-26 2022-12-31 13F NORFOLK SOUTHERN COM 655844108 48,965 -558 -1.13 13 -99.89 0.0977
2022-10-28 2022-09-30 13F NORFOLK SOUTHERN COM 655844108 49,523 1,345 2.79 10,560 -7.20 0.0890
2022-08-02 2022-06-30 13F NORFOLK SOUTHERN COM 655844108 48,178 -822 -1.68 11,379 -13.32 0.0934
2022-04-27 2022-03-31 13F NORFOLK SOUTHERN COM 655844108 49,000 -1,752 -3.45 13,127 -5.88 0.0953
2022-02-18 2021-12-31 13F NORFOLK SOUTHERN COM 655844108 50,752 -2,014 -3.82 13,947 -7.75 0.1026
2021-11-22 2021-09-30 13F NORFOLK SOUTHERN COM 655844108 52,766 -15,744 -22.98 15,119 -15.83 0.0911
2021-08-26 2021-06-30 13F NORFOLK SOUTHERN COM 655844108 68,510 1,846 2.77 17,963 -4.45 0.1072
2021-04-28 2021-03-31 13F NORFOLK SOUTHERN COM 655844108 66,664 -4,709 -6.60 18,799 7.85 0.1121
2021-01-28 2020-12-31 13F NORFOLK SOUTHERN COM 655844108 71,373 -4,798 -6.30 17,431 6.23 0.1106
2020-10-30 2020-09-30 13F NORFOLK SOUTHERN COM 655844108 76,171 -1,436 -1.85 16,408 11.82 0.1191
2020-07-31 2020-06-30 13F NORFOLK SOUTHERN COM 655844108 77,607 511 0.66 14,673 18.45 0.1130
2020-05-01 2020-03-31 13F NORFOLK SOUTHERN COM 655844108 77,096 -4,904 -5.98 12,387 -29.58 0.1136
2020-02-07 2019-12-31 13F NORFOLK SOUTHERN COM 655844108 82,000 -3,467 -4.06 17,589 12.35 0.1332
2019-10-31 2019-09-30 13F NORFOLK SOUTHERN COM 655844108 85,467 -3,053 -3.45 15,656 -7.41 0.1237
2019-08-02 2019-06-30 13F NORFOLK SOUTHERN COM 655844108 88,520 -2,649 -2.91 16,909 -3.71 0.1354
2019-05-02 2019-03-31 13F NORFOLK SOUTHERN COM 655844108 91,169 -8,121 -8.18 17,560 5.95 0.1423
2019-02-06 2018-12-31 13F NORFOLK SOUTHERN COM 655844108 99,290 -73,422 -42.51 16,574 -38.86 0.1408
2018-11-01 2018-09-30 13F NORFOLK SOUTHERN COM 655844108 172,712 -20,897 -10.79 27,110 -9.64 0.2187
2018-08-01 2018-06-30 13F NORFOLK SOUTHERN COM 655844108 193,609 -12,747 -6.18 30,002 4.70 0.2098
2018-08-01 2018-06-30 13F GRAMERCY PROPERTY TRUST REA 385002308 9,855 -1,116 270 0.0019
2018-05-01 2018-03-31 13F NORFOLK SOUTHERN COM 655844108 206,356 -11,965 -5.48 28,655 -12.46 0.2047
2018-05-01 2018-03-31 13F GRAMERCY PROPERTY TRUST REA 385002308 10,971 -15,817 246 0.0018
2018-02-02 2017-12-31 13F NORFOLK SOUTHERN COM 655844108 218,321 -36,145 -14.20 32,735 -3.13 0.2181
2018-02-02 2017-12-31 13F GRAMERCY PROPERTY TRUST REA 385002308 26,788 -2,118 693 0.0046
2017-11-06 2017-09-30 13F NORFOLK SOUTHERN COM 655844108 254,466 3,658 1.46 33,793 14.67 0.2445
2017-11-06 2017-09-30 13F GRAMERCY PROPERTY TRUST REA 385002308 28,906 -221,902 862 0.0062
2017-08-03 2017-06-30 13F NORFOLK SOUTHERN COM 655844108 250,808 -13,113 -4.97 29,470 -6.01 0.2206
2017-05-03 2017-03-31 13F NORFOLK SOUTHERN COM 655844108 263,921 -56,172 -17.55 31,353 -12.22 0.2379
2017-02-08 2016-12-31 13F NORFOLK SOUTHERN COM 655844108 320,093 -13,411 -4.02 35,719 20.00 0.2826
2016-08-11 2016-06-30 13F NORFOLK SOUTHERN COM 655844108 333,504 -5,699 -1.68 29,765 7.49 0.2571
2016-05-11 2016-03-31 13F NORFOLK SOUTHERN COM 655844108 339,203 -234 -0.07 27,690 4.87 0.2472
2016-02-05 2015-12-31 13F NORFOLK SOUTHERN COM 655844108 339,437 -10,388 -2.97 26,405 -1.20 0.2591
2015-11-12 2015-09-30 13F NORFOLK SOUTHERN COM 655844108 349,825 -389,105 -52.66 26,727 -58.60 0.2531
2015-08-13 2015-06-30 13F NORFOLK SOUTHERN COM 655844108 738,930 363,957 97.06 64,552 67.26 0.2771
2015-05-15 2015-03-31 13F NORFOLK SOUTHERN COM 655844108 374,973 -377,033 -50.14 38,593 -53.18 0.3268
2015-02-13 2014-12-31 13F NORFOLK SOUTHERN COM 655844108 752,006 370,837 97.29 82,426 93.77 0.3564
2014-10-21 2014-09-30 13F NORFOLK SOUTHERN COM 655844108 381,169 -29,357 -7.15 42,539 0.57 0.3756
2014-08-12 2014-06-30 13F NORFOLK SOUTHERN COM 655844108 410,526 -3,615 -0.87 42,296 5.10 0.3597
2014-05-15 2014-03-31 13F NORFOLK SOUTHERN COM 655844108 414,141 5,918 1.45 40,242 6.19 0.3083
2014-02-11 2013-12-31 13F NORFOLK SOUTHERN COM 655844108 408,223 -54,381 -11.76 37,896 5.91 0.2938
2013-11-12 2013-09-30 13F NORFOLK SOUTHERN COM 655844108 462,604 238,616 106.53 35,783 119.91 0.2490
2013-08-13 2013-06-30 13F/A-1 NORFOLK SOUTHERN CORP SOUTHERN COM 655844108 223,988 223,988 16,272 0.1327
2013-08-08 2013-06-30 13F NORFOLK SOUTHERN CORP SOUTHERN COM 655844108 1,924,022 139,779
Legend
Shares
The total number of shares held by the institution at the end of the reporting period (the effective date). This is provided in the filing.
Value
The total value of the shares as of the effective date. This is provided in the filing.
Avg. Share Price
The weighted average share price of the shares held by the institution. We use FIFO accounting to determine this price
Class
This is the security class as indicated by the filer. There are a variety of values for this field. Common values include "EC" = equity common, "EP" - equity preferred
Allocation (%)
The percent of the institution's portfolio that this position represents. This is provided in NPORT filings. For 13F filings, we calculate it.
Change in Allocation
The change in allocation from the prior reporting period. This is calculated as current allocation - prior allocation.
Change in Allocation (%)
The percent change in allocation from the prior reporting period. This is calculated as (current allocation - prior allocation) / prior allocation.
Cost Basis
The total cost of the shares held. This is calculated as reported shares * avg. share price
Unrealized Gain/Loss
This is the market value of the position as of the effective date minus the cost basis.