NORFOLK SOUTHERN CORP

Ticker: NSC CUSIP: 655844108 Class: COM

Swiss National Bank's Holding History (CIK: 0001582202)

Note: Option positions (PUT/CALL) are excluded.

Q4 2025

Shares 614,440 Value ($000) $177,401 Avg Close $288.62 Range $277.08 - $300.79

Q3 2025

Shares 649,900 Value ($000) $195,236 Avg Close $276.03 Range $252.95 - $299.47

Q2 2025

Shares 684,700 Value ($000) $175,263 Avg Close $233.06 Range $198.48 - $255.81

Q1 2025

Shares 638,100 Value ($000) $151,134 Avg Close $239.35 Range $222.00 - $264.36

Q4 2024

Shares 638,700 Value ($000) $149,903 Avg Close $248.46 Range $225.19 - $271.79

Q3 2024

Shares 670,600 Value ($000) $166,644 Avg Close $233.00 Range $204.24 - $253.86

Q2 2024

Shares 668,900 Value ($000) $143,606 Avg Close $224.21 Range $200.19 - $246.91

Q1 2024

Shares 677,200 Value ($000) $172,598 Avg Close $237.76 Range $214.83 - $253.85

Q4 2023

Shares 709,900 Value ($000) $167,806 Avg Close $200.12 Range $174.02 - $227.48

Q3 2023

Shares 732,200 Value ($000) $144,192 Avg Close $205.00 Range $184.44 - $225.83

Q2 2023

Shares 822,100 Value ($000) $186,419 Avg Close $200.25 Range $185.68 - $215.05

Q1 2023

Shares 918,800 Value ($000) $194,786 Avg Close $216.72 Range $184.28 - $242.90

Q4 2022

Shares 954,600 Value ($000) $235,233 Avg Close $220.43 Range $189.06 - $244.31

Q3 2022

Shares 1,032,762 Value ($000) $216,519 Avg Close $222.85 Range $194.58 - $245.30

Q2 2022

Shares 1,040,062 Value ($000) $236,396 Avg Close $226.47 Range $202.60 - $262.57

Q1 2022

Shares 1,053,962 Value ($000) $300,611 Avg Close $252.93 Range $227.90 - $273.69

Q4 2021

Shares 938,662 Value ($000) $279,449 Avg Close $255.22 Range $218.02 - $273.89

Q3 2021

Shares 989,462 Value ($000) $236,729 Avg Close $233.46 Range $217.60 - $249.27

Q2 2021

Shares 1,027,162 Value ($000) $272,619 Avg Close $250.29 Range $237.13 - $267.99

Q1 2021

Shares 976,825 Value ($000) $262,297 Avg Close $228.85 Range $207.42 - $247.83

Q4 2020

Shares 963,325 Value ($000) $228,896 Avg Close $204.73 Range $176.03 - $223.49

Q3 2020

Shares 997,325 Value ($000) $213,418 Avg Close $179.92 Range $151.06 - $201.91

Q2 2020

Shares 1,019,825 Value ($000) $179,051 Avg Close $150.98 Range $121.35 - $179.10

Q1 2020

Shares 1,011,925 Value ($000) $147,741 Avg Close $163.63 Range $100.01 - $194.41

Q4 2019

Shares 830,625 Value ($000) $161,249 Avg Close $165.56 Range $146.52 - $174.77

Q3 2019

Shares 878,325 Value ($000) $157,800 Avg Close $161.51 Range $148.22 - $182.44

Q2 2019

Shares 871,847 Value ($000) $173,785 Avg Close $173.34 Range $164.54 - $184.28

Q1 2019

Shares 909,047 Value ($000) $169,892 Avg Close $150.47 Range $124.50 - $164.26

Q4 2018

Shares 910,547 Value ($000) $136,163 Avg Close $142.35 Range $120.21 - $160.07

Q3 2018

Shares 901,847 Value ($000) $162,783 Avg Close $147.16 Range $128.72 - $161.27

Q2 2018

Shares 939,247 Value ($000) $141,704 Avg Close $125.28 Range $109.19 - $136.18

Q1 2018

Shares 918,147 Value ($000) $124,666 Avg Close $122.67 Range $112.62 - $133.63

Q4 2017

Shares 1,063,247 Value ($000) $154,064 Avg Close $113.99 Range $106.48 - $124.43

Q3 2017

Shares 1,068,247 Value ($000) $141,265 Avg Close $102.71 Range $93.81 - $113.26

Q2 2017

Shares 1,060,947 Value ($000) $129,117 Avg Close $98.76 Range $93.02 - $105.49

Q1 2017

Shares 1,034,347 Value ($000) $115,816 Avg Close $97.78 Range $88.22 - $104.69

Q4 2016

Shares 816,447 Value ($000) $88,233 Avg Close $83.99 Range $74.46 - $92.84

Q3 2016

Shares 821,347 Value ($000) $79,720 Avg Close $75.16 Range $68.43 - $80.53

Q2 2016

Shares 835,947 Value ($000) $71,164 Avg Close $69.72 Range $63.83 - $76.86

Q1 2016

Shares 775,647 Value ($000) $61,886 Avg Close $61.54 Range $52.69 - $70.78

Q4 2015

Shares 547,147 Value ($000) $46,283 Avg Close $69.12 Range $61.01 - $79.94

Q3 2015

Shares 544,047 Value ($000) $41,565 Avg Close $65.12 Range $57.94 - $70.74

Q2 2015

Shares 495,947 Value ($000) $43,326 Avg Close $77.43 Range $69.21 - $84.64

Q1 2015

Shares 471,447 Value ($000) $48,521 Avg Close $84.19 Range $78.29 - $88.38

Q4 2014

Shares 287,147 Value ($000) $31,474 Avg Close $85.81 Range $79.24 - $92.28

Q3 2014

Shares 296,947 Value ($000) $33,139 Avg Close $82.62 Range $77.74 - $88.50

Q2 2014

Shares 301,947 Value ($000) $31,110 Avg Close $76.02 Range $70.92 - $81.20

Q1 2014

Shares 299,347 Value ($000) $29,088 Avg Close $71.41 Range $66.84 - $75.69

Q4 2013

Shares 332,847 Value ($000) $30,898 Avg Close $65.71 Range $58.01 - $71.47

Q3 2013

Shares 341,247 Value ($000) $26,395 Avg Close $56.99 Range $54.14 - $60.17

Q2 2013

Shares 334,647 Value ($000) $24,312 Avg Close $57.67 Range $53.20 - $61.33

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	614,440	$177,401	$288.62	$277.08 - $300.79
Q3 2025	649,900	$195,236	$276.03	$252.95 - $299.47
Q2 2025	684,700	$175,263	$233.06	$198.48 - $255.81
Q1 2025	638,100	$151,134	$239.35	$222.00 - $264.36
Q4 2024	638,700	$149,903	$248.46	$225.19 - $271.79
Q3 2024	670,600	$166,644	$233.00	$204.24 - $253.86
Q2 2024	668,900	$143,606	$224.21	$200.19 - $246.91
Q1 2024	677,200	$172,598	$237.76	$214.83 - $253.85
Q4 2023	709,900	$167,806	$200.12	$174.02 - $227.48
Q3 2023	732,200	$144,192	$205.00	$184.44 - $225.83
Q2 2023	822,100	$186,419	$200.25	$185.68 - $215.05
Q1 2023	918,800	$194,786	$216.72	$184.28 - $242.90
Q4 2022	954,600	$235,233	$220.43	$189.06 - $244.31
Q3 2022	1,032,762	$216,519	$222.85	$194.58 - $245.30
Q2 2022	1,040,062	$236,396	$226.47	$202.60 - $262.57
Q1 2022	1,053,962	$300,611	$252.93	$227.90 - $273.69
Q4 2021	938,662	$279,449	$255.22	$218.02 - $273.89
Q3 2021	989,462	$236,729	$233.46	$217.60 - $249.27
Q2 2021	1,027,162	$272,619	$250.29	$237.13 - $267.99
Q1 2021	976,825	$262,297	$228.85	$207.42 - $247.83
Q4 2020	963,325	$228,896	$204.73	$176.03 - $223.49
Q3 2020	997,325	$213,418	$179.92	$151.06 - $201.91
Q2 2020	1,019,825	$179,051	$150.98	$121.35 - $179.10
Q1 2020	1,011,925	$147,741	$163.63	$100.01 - $194.41
Q4 2019	830,625	$161,249	$165.56	$146.52 - $174.77
Q3 2019	878,325	$157,800	$161.51	$148.22 - $182.44
Q2 2019	871,847	$173,785	$173.34	$164.54 - $184.28
Q1 2019	909,047	$169,892	$150.47	$124.50 - $164.26
Q4 2018	910,547	$136,163	$142.35	$120.21 - $160.07
Q3 2018	901,847	$162,783	$147.16	$128.72 - $161.27
Q2 2018	939,247	$141,704	$125.28	$109.19 - $136.18
Q1 2018	918,147	$124,666	$122.67	$112.62 - $133.63
Q4 2017	1,063,247	$154,064	$113.99	$106.48 - $124.43
Q3 2017	1,068,247	$141,265	$102.71	$93.81 - $113.26
Q2 2017	1,060,947	$129,117	$98.76	$93.02 - $105.49
Q1 2017	1,034,347	$115,816	$97.78	$88.22 - $104.69
Q4 2016	816,447	$88,233	$83.99	$74.46 - $92.84
Q3 2016	821,347	$79,720	$75.16	$68.43 - $80.53
Q2 2016	835,947	$71,164	$69.72	$63.83 - $76.86
Q1 2016	775,647	$61,886	$61.54	$52.69 - $70.78
Q4 2015	547,147	$46,283	$69.12	$61.01 - $79.94
Q3 2015	544,047	$41,565	$65.12	$57.94 - $70.74
Q2 2015	495,947	$43,326	$77.43	$69.21 - $84.64
Q1 2015	471,447	$48,521	$84.19	$78.29 - $88.38
Q4 2014	287,147	$31,474	$85.81	$79.24 - $92.28
Q3 2014	296,947	$33,139	$82.62	$77.74 - $88.50
Q2 2014	301,947	$31,110	$76.02	$70.92 - $81.20
Q1 2014	299,347	$29,088	$71.41	$66.84 - $75.69
Q4 2013	332,847	$30,898	$65.71	$58.01 - $71.47
Q3 2013	341,247	$26,395	$56.99	$54.14 - $60.17
Q2 2013	334,647	$24,312	$57.67	$53.20 - $61.33