Joel Greenblatt's NSC Position Overview
Joel Greenblatt (via Gotham Asset Management, LLC) currently holds 65,880 shares of Norfolk Southern Corporation (NSC) worth $19.79 M, representing 0.09% of the portfolio. First purchased in 2014-Q1, this long-term strategic position has been held for 47 quarters.
Based on 13F filings since 2013, Joel Greenblatt has maintained a long-term strategic position in NSC, representing a significant commitment to this investment thesis. Largest addition occurred in Q4 2014, adding 416,665 shares. Largest reduction occurred in Q1 2015, reducing 418,821 shares.
Analysis based on 13F filings available since 2013 Q2
Joel Greenblatt's Norfolk Southern Corporation (NSC) Holding Value Over Time
Track share changes against reported price movement
Quarterly Norfolk Southern Corporation (NSC) Trades by Joel Greenblatt
| Period | Bought/Sold (Sh.) | % Change | Qtr. End Shares | Reported Price |
|---|---|---|---|---|
| Q1 2014 | +176,650 | New Buy | 176,650 | $97.17 |
| Q2 2014 | -154,370 | Reduce 87.39% | 22,280 | $103.05 |
| Q3 2014 | +18,425 | Add 82.70% | 40,705 | $111.61 |
| Q4 2014 | +416,665 | Add 1023.62% | 457,370 | $109.61 |
| Q1 2015 | -418,821 | Reduce 91.57% | 38,549 | $102.91 |
| Q2 2015 | -33,474 | Reduce 86.83% | 5,075 | $87.29 |
| Q3 2015 | +27,453 | Add 540.95% | 32,528 | $76.40 |
| Q4 2015 | -32,528 | Sold Out | 32,528 | $0.00 |
| Q2 2016 | +143,430 | New Buy | 143,430 | $85.13 |
| Q3 2016 | +80,084 | Add 55.83% | 223,514 | $97.06 |
| Q4 2016 | +17,774 | Add 7.95% | 241,288 | $108.07 |
| Q1 2017 | -43,666 | Reduce 18.10% | 197,622 | $111.97 |
| Q2 2017 | -100,807 | Reduce 51.01% | 96,815 | $121.70 |
| Q3 2017 | +89,204 | Add 92.14% | 186,019 | $132.24 |
| Q4 2017 | -2,137 | Reduce 1.15% | 183,882 | $144.90 |
| Q1 2018 | -27,459 | Reduce 14.93% | 156,423 | $135.78 |
| Q2 2018 | +26,903 | Add 17.20% | 183,326 | $150.87 |
| Q3 2018 | -16,386 | Reduce 8.94% | 166,940 | $180.50 |
| Q4 2018 | -39,476 | Reduce 23.65% | 127,464 | $149.54 |
| Q1 2019 | -44,456 | Reduce 34.88% | 83,008 | $186.89 |
| Q2 2019 | +51,174 | Add 61.65% | 134,182 | $199.33 |
| Q3 2019 | +38,878 | Add 28.97% | 173,060 | $179.66 |
| Q4 2019 | -118,951 | Reduce 68.73% | 54,109 | $194.13 |
| Q1 2020 | -18,741 | Reduce 34.64% | 35,368 | $146.01 |
| Q2 2020 | +45,355 | Add 128.24% | 80,723 | $175.58 |
| Q3 2020 | -26,663 | Reduce 33.03% | 54,060 | $213.98 |
| Q4 2020 | -298 | Reduce 0.55% | 53,762 | $237.60 |
| Q1 2021 | -21,908 | Reduce 40.75% | 31,854 | $268.51 |
| Q2 2021 | -14,823 | Reduce 46.53% | 17,031 | $265.40 |
| Q3 2021 | -2,276 | Reduce 13.36% | 14,755 | $239.24 |
| Q4 2021 | -10,975 | Reduce 74.38% | 3,780 | $297.62 |
| Q1 2022 | +842 | Add 22.28% | 4,622 | $285.16 |
| Q2 2022 | +4,733 | Add 102.40% | 9,355 | $227.26 |
| Q3 2022 | +7,418 | Add 79.29% | 16,773 | $209.62 |
| Q4 2022 | +4,886 | Add 29.13% | 21,659 | $246.42 |
| Q1 2023 | +6,505 | Add 30.03% | 28,164 | $212.00 |
| Q2 2023 | -11,540 | Reduce 40.97% | 16,624 | $226.76 |
| Q3 2023 | -7,726 | Reduce 46.47% | 8,898 | $196.93 |
| Q4 2023 | +4,577 | Add 51.44% | 13,475 | $236.38 |
| Q1 2024 | -6,550 | Reduce 48.61% | 6,925 | $254.87 |
| Q2 2024 | -4,802 | Reduce 69.34% | 2,123 | $214.69 |
| Q3 2024 | +890 | Add 41.92% | 3,013 | $248.50 |
| Q4 2024 | +2,343 | Add 77.76% | 5,356 | $234.70 |
| Q1 2025 | -2,761 | Reduce 51.55% | 2,595 | $236.85 |
| Q2 2025 | +1,212 | Add 46.71% | 3,807 | $255.97 |
| Q3 2025 | +62,073 | Add 1630.50% | 65,880 | $300.41 |
Joel Greenblatt's Norfolk Southern Corporation Investment FAQs
Joel Greenblatt first purchased Norfolk Southern Corporation (NSC) in Q1 2014, acquiring 176,650 shares, as reported in their 13F filing for that period. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.
Joel Greenblatt has held Norfolk Southern Corporation (NSC) for 47 quarters since Q1 2014. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.
Joel Greenblatt's largest addition to Norfolk Southern Corporation (NSC) was in Q4 2014, adding 457,370 shares worth $50.13 M. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.
According to the latest 13F filing for Q3 2025, Joel Greenblatt's firm, Gotham Asset Management, LLC, owns 65,880 shares of Norfolk Southern Corporation (NSC), valued at approximately $19.79 M. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.
As of the Q3 2025 filing, Norfolk Southern Corporation (NSC) represents approximately 0.09% of Joel Greenblatt's publicly disclosed stock portfolio, making it one of their key holdings. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.
Joel Greenblatt's peak holding in Norfolk Southern Corporation (NSC) was 457,370 shares, as reported at the end of Q4 2014. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.