Quantitative Investment Management Buys Stake in Norfolk Southern

The institutional investor purchased nearly 5,000 shares of the railroad operator's stock.

Mar. 13, 2026 at 10:40am

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Quantitative Investment Management LLC purchased a new position in Norfolk Southern Corporation (NYSE:NSC) during the 3rd quarter, according to the company's recent SEC filing. The institutional investor bought 4,867 shares of the railroad operator's stock, valued at approximately $1.46 million.

Why it matters

Norfolk Southern is one of the largest freight railroad companies in the United States, transporting a variety of commodities across its extensive network. The purchase by Quantitative Investment Management, a major institutional investor, suggests confidence in Norfolk Southern's long-term prospects.

The details

According to the filing, Quantitative Investment Management LLC added the Norfolk Southern shares to its portfolio in the third quarter of the year. The purchase represents a new position for the institutional investor in the railroad operator's stock.

  • The shares were purchased during the 3rd quarter of 2026.

The players

Quantitative Investment Management LLC

An institutional investment management firm that purchased a new stake 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

The purchase of Norfolk Southern shares by a major institutional investor like Quantitative Investment Management suggests confidence in the railroad operator's long-term growth potential, despite some near-term market volatility.