Sand Grove Capital Management LLP: NORFOLK SOUTHN CORP (NSC): Quarterly 13F Position History
As of Q2 2026, Sand Grove Capital Management LLP reported 99,091 shares of NORFOLK SOUTHN CORP (NSC), worth $31.2M and representing 8.7% of its 13F equity book. Quarter-over-quarter share count change: 5,542 (-5.3%) . The position first appeared in Q3 2025 and has been disclosed across 4 13F-HR filings in Pactolio's tracked window.
- 99,091Shares Held (Latest Filing)
- $31.2MReported Market Value (Latest Filing)
- 8.7%Portfolio Weight (% of 13F Equity Book)
- 5,542Quarter-over-Quarter Share Change
- +$1.1MQuarter-over-Quarter Value Change
- 104,633Peak Reported Shares (Historical)
Quarterly 13F-HR Disclosure History Source: SEC 13F-HR filings, 4 quarter s
| Quarter | Shares | QoQ Share Change | Share Change (%) | Market Value | Weight | Implied Price |
|---|---|---|---|---|---|---|
| Q2 2026 | 99,091 | 5,542 | -5.3% | $31.2M | 8.7% | $314.6 |
| Q1 2026 | 104,633 | +19,847 | +23.4% | $30.0M | 7.0% | $287.0 |
| Q4 2025 | 84,786 | +394 | +0.5% | $24.5M | 8.3% | $288.7 |
| Q3 2025 | 84,392 | – | – | $25.4M | 12.4% | $300.4 |
Methodology & FAQ
How This Position History Is Sourced
Each row is one SEC Form 13F-HR filing disclosing this position. Share count, market value, and reported quarter are taken verbatim from the filing; portfolio weight is recomputed against the same filing's total reported equity book. Implied price-per-share is market value divided by shares, a quarter-end mark rather than the manager's cost basis. See the full methodology document for the normalization rules.
When did Sand Grove Capital Management LLP first disclose a NSC position in 13F-HR filings?
Sand Grove Capital Management LLP first reported NORFOLK SOUTHN CORP (NSC) on its 13F-HR filing for the period ending 2025-09-30 (Q3 2025). The position has appeared on 4 reported quarters within Pactolio's tracked window.
What was Sand Grove Capital Management LLP's most recent quarter-over-quarter share-count change in NSC?
Between Q1 2026 and Q2 2026, Sand Grove Capital Management LLP reduced its NSC position by 5,542 shares (-5.3%), leaving 99,091 shares at a market value of $31.2M.
Does the implied price-per-share represent Sand Grove Capital Management LLP's cost basis in NSC?
No. The implied price-per-share column is the 13F-HR reported market value divided by reported share count on the filing date (end of quarter). It is a quarter-end mark, not a cost basis or transaction price. Use it as a sanity check on the value column, not as an indicator of the manager's entry or exit price.