Capula Management Ltd

Position in NSC — Norfolk Southern Corp

CIK 1557017 Grand Cayman, E9

Back to NSC Full portfolio

Position in NSC

as of Jun 30, 2026 · filed Aug 14, 2026 Compact

Position Value

$24,968,378

-$16,574,585 QoQ

Shares Held

79,368

-45.2% QoQ

Ownership

0.035%

of shares outstanding

% of Portfolio

0.35%

of 13F equity value

Holder Rank

#199

of 1,856 holders

Holding Since

Mar 2020

14 quarters on record

Voting authority Sole 100% Shared 0% None 0%

Common Shares in NSC Over Time

Shares Held

Position Value (USD)

Derivatives in NSC

reported options exposure · as of Mar 31, 2023

CallValue

$7,420,000

CallShares

35,000

PutValue

$7,420,000

PutShares

35,000

Notional value of option positions as reported on Form 13F. Calls and puts are disclosed separately and do not net against the common-share stake above.

Position in Railroads

Industrials · as of Jun 30, 2026

Capula Management Ltd holds $25,515,353 across 4 Railroads names. NSC ranks #1 (97.9% of the industry book) .

#	Ticker	Company	Shares	Value (USD)
1	NSC	Norfolk Southern Corp This page	79,368	$24,968,378
2	CSX	Csx Corp	5,224	$248,296
3	UNP	Union Pacific Corp	558	$151,776
4	CNI	Canadian National Railway Co	1,232	$146,903

All Filings in NSC

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31 filing rows on record

Report Date	Value (USD)	Shares	Change	Type	Discretion	Filed
2026-06-30	$24,968,378	79,368	-45.2%	Shares	Defined	2026-08-14
2026-03-31	$41,542,963	144,749	+189.5%	Shares	Defined	2026-05-14
2025-12-31	$14,436,000	50,000	+93.3%	Shares	Defined	2026-02-13
2023-03-31	$7,420,000	35,000	-50.1%	Call	Defined	2023-05-10
2023-03-31	$7,420,000	35,000	-53.6%	Put	Defined	2023-05-10
2023-03-31	$5,483,380	25,865	+1237.4%	Shares	Defined	2023-05-10
2022-12-31	$17,274,042	70,100	+29.3%	Call	Defined	2023-02-14
2022-12-31	$476,576	1,934	-89.4%	Shares	Defined	2023-02-14
2022-12-31	$18,604,710	75,500	+212.0%	Put	Defined	2023-02-14
2022-09-30	$11,363,030	54,200	+57.6%	Call	Defined	2022-11-14
2022-09-30	$5,073,530	24,200	+236.1%	Put	Defined	2022-11-14
2022-09-30	$3,831,353	18,275	+1.2%	Shares	Defined	2022-11-14
2022-03-31	$2,053,584	7,200	-76.2%	Put	Defined	2022-05-17
2022-03-31	$9,811,568	34,400	-47.5%	Call	Defined	2022-05-17
2021-12-31	$19,500,005	65,500	-27.2%	Call	Defined	2022-02-14
2021-12-31	$8,990,842	30,200	-65.6%	Put	Defined	2022-02-14
2021-09-30	$21,532,500	90,000	+73.7%	Call	Defined	2021-11-15
2021-09-30	$4,322,529	18,067	+777.9%	Shares	Defined	2021-11-15
2021-09-30	$21,006,150	87,800	-2.4%	Put	Defined	2021-11-15
2021-06-30	$13,748,238	51,800	+72.7%	Call	Defined	2021-08-13
2021-06-30	$546,213	2,058	-89.6%	Shares	Defined	2021-08-13
2021-06-30	$23,886,900	90,000	+46.3%	Put	Defined	2021-08-13
2021-03-31	$8,055,600	30,000	+104.1%	Call	Defined	2021-05-14
2021-03-31	$16,513,980	61,500	+480.2%	Put	Defined	2021-05-14
2020-12-31	$2,518,666	10,600	+715.4%	Put	Defined	2021-02-16
2020-12-31	$3,492,867	14,700	-25.4%	Call	Defined	2021-02-16
2020-06-30	$228,241	1,300	-96.2%	Put	Defined	2020-08-14
2020-06-30	$3,458,729	19,700	-53.8%	Call	Defined	2020-08-14
2020-03-31	$6,219,600	42,600	—	Call	Defined	2020-05-15
2020-03-31	$2,893,720	19,820	—	Shares	Defined	2020-05-15
2020-03-31	$5,022,400	34,400	—	Put	Defined	2020-05-15
No filing history on record for this holder in this stock.