유니언 퍼시픽 주식회사
MX ˙ BMV ˙ US9078181081
SecurityMX:UNP / Union Pacific Corporation
InstitutionNorges Bank
Latest Disclosed Ownership7,694,566 shares
Latest Disclosed Value $ 1,779,907,007
Norges Bank ownership in UNP / Union Pacific Corporation

On February 10, 2026 - Norges Bank filed a 13F-HR form disclosing ownership of 7,694,566 shares of Union Pacific Corporation (MX:UNP) valued at $1,779,907,007 USD as of December 31, 2025. The entity filed a previous 13F-HR on November 13, 2025 disclosing 0 shares of Union Pacific Corporation.

Institutional Ownership: 13F and NPORT Filings

The Security and Class in the table below are shown exactly as filed by the investor. We do our best to track continuity of investments through acquisitions, and this will be reflected in the table as changes in names. In addition to descriptive data, performance of the investment is shown over time. To calculate quarterly performance, we first calculate cost basis of the shares purchased during the quarter, then use that to calculate gross profit. Quarterly return is Gross Profit / Starting Portfolio value.

Note that cost basis is calculated and stored in thousands, so small quarterly changes in shares frequently result in a cost basis of zero.

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Disclosed Equity Positions (from 13F/NPORT Filings)
File
Date
Effective
Date
Form Security Class ID Avg Price
Paid (Est)
Reported
Shares
ΔShares ΔShares
(%)
Reported
Value
(x1000)
ΔValue
(%)
Alloc
(%)
ΔAlloc ΔAlloc (%) Cost Basis
(x1000)
Unrealized
Gain/Loss
(x1000)
2026-02-10 2025-12-31 13F UNION PAC COM 907818108 7,694,566 7,694,566 1,779,907 0.1904
2025-11-13 2025-09-30 13F UNION PAC COM 907818108 0 -8,068,237 -100.00 0 -100.00
2025-08-13 2025-06-30 13F UNION PAC COM 907818108 8,068,237 527,346 6.99 1,856,340 4.20 0.2317
2026-05-11 2025-03-31 13F/A-1 UNION PAC COM 907818108 7,540,891 -911,032 -10.78 1,781,460 -7.57 0.2500
2025-02-12 2024-12-31 13F UNION PAC COM 907818108 8,451,923 477,012 5.98 1,927,377 -1.95 0.2529
2025-11-12 2024-09-30 13F/A-1 UNION PAC COM 907818108 7,974,911 -169,887 -2.09 1,965,656 6.66 0.2746
2024-08-14 2024-06-30 13F UNION PAC COM 907818108 8,144,798 91,137 1.13 1,842,842 -6.96 0.2753
2025-05-14 2024-03-31 13F/A-1 UNION PAC COM 907818108 8,053,661 594,469 7.97 1,980,637 8.11 0.3126
2024-02-09 2023-12-31 13F UNION PAC COM 907818108 7,459,192 540,882 7.82 1,832,127 30.05 0.3201
2024-11-13 2023-09-30 13F/A-1 UNION PAC COM 907818108 6,918,310 809,772 13.26 1,408,775 12.71 0.2859
2024-08-14 2023-06-30 13F/A-1 UNION PAC COM 907818108 6,108,538 -23,970 -0.39 1,249,929 1.27 0.2467
2024-05-15 2023-03-31 13F/A-1 UNION PAC COM 907818108 6,132,508 -32,065 -0.52 1,234,229 -3.31 0.2701
2023-02-14 2022-12-31 13F UNION PAC COM 907818108 6,164,573 455,982 7.99 1,276,498 14.78 0.3077
2023-11-13 2022-09-30 13F/A-1 UNION PAC COM 907818108 5,708,591 22,929 0.40 1,112,148 -8.29 0.2957
2023-08-14 2022-06-30 13F/A-1 UNION PAC COM 907818108 5,685,662 -145,167 -2.49 1,212,638 -23.88 0.3135
2023-05-12 2022-03-31 13F/A-1 UNION PAC COM 907818108 5,830,829 77,144 1.34 1,593,041 9.90 0.3472
2022-03-09 2021-12-31 13F/A-1 UNION PAC COM 907818108 5,753,685 -150,821 -2.55 1,449,526 25.25 0.2980
2022-11-14 2021-09-30 13F/A-1 UNION PAC COM 907818108 5,904,506 -390,267 -6.20 1,157,342 -16.40 0.2561
2022-08-15 2021-06-30 13F/A-1 UNION PAC COM 907818108 6,294,773 -470,666 -6.96 1,384,409 -7.16 0.3001
2022-05-09 2021-03-31 13F/A-1 UNION PAC COM 907818108 6,765,439 26,117 0.39 1,491,170 6.26 0.3414
2021-03-02 2020-12-31 13F/A-1 UNION PAC COM 907818108 6,739,322 -38,503 -0.57 1,403,262 5.16 0.3277
2021-11-12 2020-09-30 13F/A-1 UNION PAC COM 907818108 6,777,825 -62,832 -0.92 1,334,350 15.37 0.3545
2021-08-13 2020-06-30 13F/A-1 UNION PAC COM 907818108 6,840,657 -4,963 -0.07 1,156,550 19.79 0.3330
2021-05-07 2020-03-31 13F/A-1 UNION PAC COM 907818108 6,845,620 -361,221 -5.01 965,506 -25.90 0.3441
2020-03-03 2019-12-31 13F/A-1 UNION PACIFIC COM 907818108 7,206,841 -200,000 -2.70 1,302,925 8.60 0.3636
2020-11-13 2019-09-30 13F/A-1 UNION PACIFIC COM 907818108 7,406,841 -116,005 -1.54 1,199,760 -5.69 0.3674
2020-08-13 2019-06-30 13F/A-1 UNION PACIFIC COM 907818108 7,522,846 88,487 1.19 1,272,188 2.35 0.3931
2020-05-11 2019-03-31 13F/A-2 UNION PACIFIC COM 907818108 7,434,359 -62,687 -0.84 1,243,025 19.95 0.4016
2019-03-04 2018-12-31 13F/A-1 UNION PACIFIC COM 907818108 7,497,046 -275,231 -3.54 1,036,317 -18.11 0.3855
2019-12-02 2018-09-30 13F/A-3 UNION PACIFIC COM 907818108 7,772,277 -79,137 -1.01 1,265,559 13.77 0.4110
2019-12-02 2018-09-30 13F/A-2 UNION PACIFIC COM 907818108 7,772,277 -79,137 1,265,559 0.4110
2019-11-12 2018-09-30 13F/A-1 UNION PACIFIC COM 907818108 7,772,277 -79,137 1,265,559 0.4110
2019-08-12 2018-06-30 13F/A-1 UNION PACIFIC COM 907818108 7,851,414 66,404 0.85 1,112,388 6.29 0.3819
2019-05-15 2018-03-31 13F/A-2 UNION PACIFIC COM 907818108 7,785,010 -543,680 -6.53 1,046,540 -6.30 0.3787
2018-03-05 2017-12-31 13F/A-1 UNION PACIFIC COM 907818108 8,328,690 -38,708 -0.46 1,116,877 15.10 0.4003
2018-11-13 2017-09-30 13F/A-1 UNION PACIFIC COM 907818108 8,367,398 153,749 1.87 970,368 8.48 0.3682
2018-07-24 2017-06-30 13F/A-1 UNION PACIFIC COM 907818108 8,213,649 -527,097 -6.03 894,550 -3.38 0.3551
2018-05-11 2017-03-31 13F/A-1 UNION PACIFIC COM 907818108 8,740,746 619,843 7.63 925,820 9.96 0.3799
2017-03-02 2016-12-31 13F/A-1 UNION PACIFIC COM 907818108 8,120,903 -4,918 -0.06 841,976 11.23 0.3680
2017-11-13 2016-09-30 13F/A-1 UNION PACIFIC COM 907818108 8,125,821 913,647 12.67 756,935 20.29 0.3578
2017-08-09 2016-06-30 13F/A-1 UNION PACIFIC COM 907818108 7,212,174 53,965 0.75 629,262 10.51 0.2990
2017-05-10 2016-03-31 13F/A-1 UNION PACIFIC COM 907818108 7,158,209 57,019 0.80 569,436 2.54 0.2801
2016-04-18 2015-12-31 13F/A-2 UNION PACIFIC COM 907818108 7,101,190 297,417 4.37 555,313 -7.68 0.2761
2016-03-16 2015-12-31 13F/A-1 UNION PACIFIC COM 907818108 7,101,190 0 555,313 0.2785
2016-11-14 2015-09-30 13F/A-2 UNION PACIFIC COM 907818108 6,803,773 160,916 2.42 601,522 -5.05 0.3152
2016-08-12 2015-06-30 13F/A-1 UNION PACIFIC COM 907818108 6,642,857 -577,320 -8.00 633,529 -18.99 0.3167
2016-05-13 2015-03-31 13F/A-1 UNION PACIFIC COM 907818108 7,220,177 -415,655 -5.44 782,018 -14.03 0.3832
2015-03-19 2014-12-31 13F/A-1 UNION PACIFIC COM 907818108 7,635,832 82,406 909,657 0.4640
2016-04-18 2014-12-31 13F/A-2 UNION PACIFIC COM 907818108 7,635,832 82,406 1.09 909,657 11.08 0.4622
2015-11-12 2014-09-30 13F/A-1 UNION PACIFIC COM 907818108 7,553,426 -30,516 -0.40 818,943 8.25 0.4437
2015-08-10 2014-06-30 13F/A-1 UNION PACIFIC COM 907818108 7,583,942 3,743,786 97.49 756,499 4.98 0.4082
2015-05-12 2014-03-31 13F/A-1 UNION PACIFIC COM 907818108 3,840,156 -302,100 -7.29 720,643 3.56 0.4066
2014-03-07 2013-12-31 13F/A-1 UNION PACIFIC COM 907818108 4,142,256 -80,120 695,899 0.4257
2014-03-20 2013-12-31 13F/A-2 UNION PACIFIC COM 907818108 4,142,256 0 695,899 0.4094
2014-05-12 2013-12-31 13F/A-3 UNION PACIFIC COM 907818108 4,142,256 -80,120 -1.90 695,899 6.10 0.4008
2014-11-14 2013-09-30 13F/A-1 UNION PACIFIC COM 907818108 4,222,376 -54,908 -1.28 655,904 -0.61 0.3827
2014-08-14 2013-06-30 13F/A-1 UNION PACIFIC COM 907818108 4,277,284 0 0.00 659,899 8.34 0.4099
2014-04-04 2013-03-31 13F/A-1 UNION PACIFIC COM 907818108 4,277,284 -3,997,294 609,128 0.4036
2014-05-12 2013-03-31 13F/A-2 UNION PACIFIC COM 907818108 4,277,284 -3,997,294 -48.31 609,128 -40.51 0.3950
2013-11-14 2012-09-30 13F/A-1 UNION PACIFIC COM 907818108 8,274,578 4,146,836 100.46 1,023,995 102.33 0.6901
2013-08-15 2012-06-30 13F/A-1 UNION PACIFIC COM 907818108 4,127,742 4,127,742 506,103 0.4059
Legend
Shares
The total number of shares held by the institution at the end of the reporting period (the effective date). This is provided in the filing.
Value
The total value of the shares as of the effective date. This is provided in the filing.
Avg. Share Price
The weighted average share price of the shares held by the institution. We use FIFO accounting to determine this price
Class
This is the security class as indicated by the filer. There are a variety of values for this field. Common values include "EC" = equity common, "EP" - equity preferred
Allocation (%)
The percent of the institution's portfolio that this position represents. This is provided in NPORT filings. For 13F filings, we calculate it.
Change in Allocation
The change in allocation from the prior reporting period. This is calculated as current allocation - prior allocation.
Change in Allocation (%)
The percent change in allocation from the prior reporting period. This is calculated as (current allocation - prior allocation) / prior allocation.
Cost Basis
The total cost of the shares held. This is calculated as reported shares * avg. share price
Unrealized Gain/Loss
This is the market value of the position as of the effective date minus the cost basis.