Olde Wealth Management Acquires 9,586 Shares in Norfolk Southern

The institutional investor now holds a $2.75 million stake in the railroad operator.

Mar. 14, 2026 at 10:29am

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Olde Wealth Management LLC, an institutional investor, has acquired a new position in Norfolk Southern Corporation (NYSE:NSC), purchasing 9,586 shares of the railroad operator's stock in the third quarter. The shares are valued at approximately $2.75 million, making Norfolk Southern the 20th largest holding in Olde Wealth Management's investment portfolio.

Why it matters

This transaction highlights the continued institutional interest in Norfolk Southern, a major U.S. freight railroad company that operates an extensive network across the eastern United States. The acquisition by Olde Wealth Management reflects the firm's belief in Norfolk Southern's growth potential and the overall strength of the railroad industry.

The details

According to a 13F filing with the Securities & Exchange Commission, Olde Wealth Management LLC bought the 9,586 shares of Norfolk Southern in the third quarter. The shares are valued at approximately $2.75 million, representing about 0.9% of Olde Wealth Management's total investment portfolio.

  • Olde Wealth Management LLC acquired the 9,586 shares of Norfolk Southern in the third quarter.

The players

Olde Wealth Management LLC

An institutional investor that has acquired a new position in Norfolk Southern Corporation.

Norfolk Southern Corporation

A major U.S. freight railroad company that operates an extensive network across the eastern United States.

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The takeaway

This transaction demonstrates the continued institutional interest in Norfolk Southern, a leading railroad operator in the eastern U.S. The acquisition by Olde Wealth Management reflects the firm's belief in the company's growth potential and the overall strength of the railroad industry.