Exited position

Chris Hohn’s Norfolk Southn Corp (NSC) position

Reported position history, portfolio importance and verified filing changes from public SEC disclosures.

TCI Fund Management LtdVerified through Q2 2026
Relationship snapshot

At a glance

The full verified relationship, including prior ownership episodes and exits where supported.

First reportedQ2 2017Earliest verified positive filing snapshot
Latest statusExited positionBased on the latest supported relationship state
Peak shares3.75MHighest verified quarter-end share count
Quarters reported6Verified quarters with shares above zero
What happened?

TCI Fund Management Ltd first reported Norfolk Southn Corp in Q2 2017. The reported position was increased across later filings. The latest verified relationship event shows that TCI Fund Management Ltd sold the entire position in Q4 2018, and the stock is no longer reported in the latest verified portfolio.

Verified SEC history

Position over time

See the same verified relationship through reported shares, portfolio weight or reported value.

Metric

Gaps indicate periods that cannot be safely connected or where a verified corporate action changes the raw share scale. Stock price, when available, is market context and not a transaction price.

Key filing events

What changed

Latest filing plus the most meaningful reported changes. Unchanged quarters are collapsed by default.

Q4 2018
Sold the entire position−3.75M shares · No shares reported at quarter-end
Q3 2018
Bought 48.5% more+1.23M shares · 3.75M shares reported after the change
Filing context

Quarter-end price $180.50 · Estimated holding basis $157.09

Q2 2018
Bought 326.0% more+1.93M shares · 2.53M shares reported after the change
Filing context

Quarter-end price $150.87 · Estimated holding basis $145.74

Q4 2017
Bought 16.7% more+85.00K shares · 593.50K shares reported after the change
Filing context

Quarter-end price $144.90 · Estimated holding basis $129.03

Q3 2017
Bought 79.7% more+225.50K shares · 508.50K shares reported after the change
Filing context

Quarter-end price $132.24 · Estimated holding basis $126.37

Q2 2017
New position+283.00K shares · 283.00K shares reported
Filing context

Quarter-end price $121.70 · Estimated holding basis $121.70

1 unchanged quarter is collapsed by default.

Portfolio importance

How important was Norfolk Southn Corp in TCI Fund Management Ltd’s reported portfolio?

Relative importance is measured only within the verified primary non-option reported portfolio for each quarter.

Last reported portfolio weight3.5%Q3 2018
Last reported rank#8of 14 reported positions
Peak portfolio weight3.5%Q3 2018
Best historical rank#6Q3 2017
At peak importanceQ3 2018
NSC
3.5%
Largest holding
27.8%
Cross-investor discovery

Who else owns Norfolk Southn Corp?

Also reported by 2 other tracked investors in their latest verified filings.

Daniel LoebThird Point LLC
NSC4.1% of reported portfolio
Joel GreenblattGotham Asset Management
NSC0.1% of reported portfolio
Explore Norfolk Southn Corp across all tracked investors →
SEC evidence & methodology

SEC filing evidence

Market context and filing-derived values are kept separate from actual transaction prices, which 13F filings do not disclose.

Latest verified stock price$314.162026-09-18

Market context only; not an investor transaction price.

Latest verified investor filingQ2 2026 · filed 2026-08-14
Open SEC filing ↗

This tracker follows TCI Fund Management Ltd’s Form 13F disclosures, not Chris Hohn’s personal brokerage account. Form 13F reports quarter-end positions later and does not reveal exact trade dates or execution prices.