Joel Greenblatt's NSC Position Overview
Joel Greenblatt (via Gotham Asset Management, LLC) currently holds 90,407 shares of Norfolk Southern Corporation (NSC) worth $26.1 M, representing 0.10% 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
| Report Date | Bought/Sold (Sh.) | % Change | Qtr. End Shares | Reported Price |
|---|---|---|---|---|
| Q4 2025 | +24,527 | Add 37.23% | 90,407 | $288.72 |
| Q3 2025 | +62,073 | Add 1630.50% | 65,880 | $300.41 |
| Q2 2025 | +1,212 | Add 46.71% | 3,807 | $255.97 |
| Q1 2025 | -2,761 | Reduce 51.55% | 2,595 | $236.85 |
| Q4 2024 | +2,343 | Add 77.76% | 5,356 | $234.70 |
| Q3 2024 | +890 | Add 41.92% | 3,013 | $248.50 |
| Q2 2024 | -4,802 | Reduce 69.34% | 2,123 | $214.69 |
| Q1 2024 | -6,550 | Reduce 48.61% | 6,925 | $254.87 |
| Q4 2023 | +4,577 | Add 51.44% | 13,475 | $236.38 |
| Q3 2023 | -7,726 | Reduce 46.47% | 8,898 | $196.93 |
| Q2 2023 | -11,540 | Reduce 40.97% | 16,624 | $226.76 |
| Q1 2023 | +6,505 | Add 30.03% | 28,164 | $212.00 |
| Q4 2022 | +4,886 | Add 29.13% | 21,659 | $246.42 |
| Q3 2022 | +7,418 | Add 79.29% | 16,773 | $209.62 |
| Q2 2022 | +4,733 | Add 102.40% | 9,355 | $227.26 |
| Q1 2022 | +842 | Add 22.28% | 4,622 | $285.16 |
| Q4 2021 | -10,975 | Reduce 74.38% | 3,780 | $297.62 |
| Q3 2021 | -2,276 | Reduce 13.36% | 14,755 | $239.24 |
| Q2 2021 | -14,823 | Reduce 46.53% | 17,031 | $265.40 |
| Q1 2021 | -21,908 | Reduce 40.75% | 31,854 | $268.51 |
| Q4 2020 | -298 | Reduce 0.55% | 53,762 | $237.60 |
| Q3 2020 | -26,663 | Reduce 33.03% | 54,060 | $213.98 |
| Q2 2020 | +45,355 | Add 128.24% | 80,723 | $175.58 |
| Q1 2020 | -18,741 | Reduce 34.64% | 35,368 | $146.01 |
| Q4 2019 | -118,951 | Reduce 68.73% | 54,109 | $194.13 |
| Q3 2019 | +38,878 | Add 28.97% | 173,060 | $179.66 |
| Q2 2019 | +51,174 | Add 61.65% | 134,182 | $199.33 |
| Q1 2019 | -44,456 | Reduce 34.88% | 83,008 | $186.89 |
| Q4 2018 | -39,476 | Reduce 23.65% | 127,464 | $149.54 |
| Q3 2018 | -16,386 | Reduce 8.94% | 166,940 | $180.50 |
| Q2 2018 | +26,903 | Add 17.20% | 183,326 | $150.87 |
| Q1 2018 | -27,459 | Reduce 14.93% | 156,423 | $135.78 |
| Q4 2017 | -2,137 | Reduce 1.15% | 183,882 | $144.90 |
| Q3 2017 | +89,204 | Add 92.14% | 186,019 | $132.24 |
| Q2 2017 | -100,807 | Reduce 51.01% | 96,815 | $121.70 |
| Q1 2017 | -43,666 | Reduce 18.10% | 197,622 | $111.97 |
| Q4 2016 | +17,774 | Add 7.95% | 241,288 | $108.07 |
| Q3 2016 | +80,084 | Add 55.83% | 223,514 | $97.06 |
| Q2 2016 | +143,430 | New Buy | 143,430 | $85.13 |
| Q4 2015 | -32,528 | Sold Out | 0 | $0.00 |
| Q3 2015 | +27,453 | Add 540.95% | 32,528 | $76.40 |
| Q2 2015 | -33,474 | Reduce 86.83% | 5,075 | $87.29 |
| Q1 2015 | -418,821 | Reduce 91.57% | 38,549 | $102.91 |
| Q4 2014 | +416,665 | Add 1023.62% | 457,370 | $109.61 |
| Q3 2014 | +18,425 | Add 82.70% | 40,705 | $111.61 |
| Q2 2014 | -154,370 | Reduce 87.39% | 22,280 | $103.05 |
| Q1 2014 | +176,650 | New Buy | 176,650 | $97.17 |
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.
Joel Greenblatt's largest addition to Norfolk Southern Corporation (NSC) was in Q4 2014, adding 457,370 shares worth $50.13 M.
According to the latest 13F filing for Q4 2025, Joel Greenblatt's firm, Gotham Asset Management, LLC, owns 90,407 shares of Norfolk Southern Corporation (NSC), valued at approximately $26.1 M.
As of the Q4 2025 filing, Norfolk Southern Corporation (NSC) represents approximately 0.10% of Joel Greenblatt's publicly disclosed stock portfolio, making it one of their key holdings.
Joel Greenblatt's peak holding in Norfolk Southern Corporation (NSC) was 457,370 shares, as reported at the end of Q4 2014.