Daniel Loeb's Third Point increased its Norfolk Southern Corp (NSC) position by 500% in 2026 Q2, according to the 13F-HR filed with the SEC on August 14, 2026. The stake went from 100K to 600K shares, worth about $188.8M, and from 1.38% to 4.06% of the reported portfolio.
What did the 2026 Q2 filing report for NSC?
As of June 30, 2026, from the 13F-HR filed August 14, 2026.
| Before | After | |
|---|---|---|
| Shares | 100K | 600K |
| Shares added | +500K (500%) | |
| Reported value | $28.7M | $188.8M |
| Portfolio weight | 1.38% | 4.06% |
| Rank in portfolio | 11th of 40 |
How much did Daniel Loeb add to NSC?
Daniel Loeb added 500K shares of NSC during 2026 Q2, taking the stake from 100K to 600K. The reported value of the position rose by about $160.1M, from about $28.7M to about $188.8M.
Where does NSC sit in the Daniel Loeb portfolio?
NSC ranks 11th of 40 stock positions in the Daniel Loeb portfolio at 4.06%, above the fund's average stock position of 2%. The NSC addition was the 6th largest of the quarter's 42 position changes by percent change to portfolio. The largest stock position is WBD at 11.46%. Next come AMZN at 8.97% and GOOGL at 7.88%. The three largest stocks together are 28.31% of the book. Across the 2026 Q2 portfolio, Daniel Loeb reported 40 stock positions, with 16 opened and 9 closed. The total portfolio value is about $4.7B, up 123% from the prior quarter.
How long has Daniel Loeb held NSC?
Daniel Loeb first reported NSC in the quarter ended September 30, 2025. The weight peaked at 5.91% in 2025 Q3. Last quarter the fund had cut the position by 90%, so the add reverses the prior move. Every reported trade is on the Daniel Loeb NSC trade history page.
FAQ
How many NSC shares did Daniel Loeb buy in 2026 Q2?
Daniel Loeb added 500K shares of NSC, a 500% increase, to 600K shares.
What is the NSC position of Daniel Loeb worth now?
The NSC position of Daniel Loeb is worth about $188.8M at June 30, 2026 prices, 4.06% of the portfolio.
Is NSC a top holding of Daniel Loeb?
NSC ranks 11th of 40 stock positions in the Daniel Loeb portfolio, at 4.06%.