DLD Asset Management Invests $1.02M in Norfolk Southern

New position in railroad operator's stock acquired in Q3

Published on Mar. 9, 2026

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DLD Asset Management LP acquired a new position in Norfolk Southern Corporation (NYSE:NSC) during the third quarter, according to its most recent 13F filing with the SEC. The firm acquired 3,394 shares of the railroad operator's stock, valued at approximately $1,020,000.

Why it matters

This investment by DLD Asset Management in Norfolk Southern reflects ongoing institutional interest in the railroad operator, which is one of the largest freight rail companies in the eastern United States. The $1.02 million investment suggests DLD sees potential in Norfolk Southern's business and future performance.

The details

According to the 13F filing, DLD Asset Management acquired 3,394 shares of Norfolk Southern stock in the third quarter. The investment was valued at around $1,020,000. Several other hedge funds and institutional investors have also modified their holdings of Norfolk Southern in recent quarters.

  • DLD Asset Management acquired the new position in Norfolk Southern during the third quarter of the year.

The players

DLD Asset Management LP

An investment management firm that acquired a new position in Norfolk Southern Corporation.

Norfolk Southern Corporation

A major U.S. freight railroad company that provides rail transportation and related logistics services across the eastern United States.

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The takeaway

This investment by DLD Asset Management highlights the continued institutional interest in Norfolk Southern, one of the largest freight rail operators in the eastern U.S. The $1.02 million stake suggests DLD sees growth potential in the company's business and operations.