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Norfolk Southern Corp

NSC
Exchange
NYSE
Industry
Railroads, Line-Haul Operating
SEC CIK
0000702165

No open-market purchases or sales by Norfolk Southern Corp insiders were filed in the last 90 days; 1,869 institutions reported holding it in 13F filings for Q2 2026, worth $53.6B in total; superinvestors Third Point and Markel Group hold it.

13F holders, Q4 2021

Institutional positions in Norfolk Southern Corp as of Dec 31, 2021. Investment managers with $100 million or more in US stocks report their long positions on Form 13F within 45 days after each quarter ends. How 13F works

Institutional holders
1,644
+172 vs. Q3 2021
Shares held
177.5M
−234.5K (−0.1%) vs. Q3 2021
Total value
$52.7B
+$10.2B (+24.0%) vs. Q3 2021
New holders
247
488 more added
Sold out
75
548 more reduced

22 institutions that held it in Q3 2021 haven't filed for Q4 2021 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q3 2021: new holders, sold out and not filed yet

Holders and value by quarter

Institutions reporting NSC on Form 13F each quarter since Q1 2021, and the total value they reported. Values are as of each quarter end, so they also move with the share price.

Institutional holdersQ4 2021: 1,644 institutions
Q1 2021: 1,514 institutionsQ2 2021: 1,546 institutionsQ3 2021: 1,494 institutionsQ4 2021: 1,644 institutionsQ1 2022: 1,646 institutionsQ2 2022: 1,543 institutionsQ3 2022: 1,501 institutionsQ4 2022: 1,592 institutionsQ1 2023: 1,500 institutionsQ2 2023: 1,529 institutionsQ3 2023: 1,444 institutionsQ4 2023: 1,585 institutionsQ1 2024: 1,628 institutionsQ2 2024: 1,565 institutionsQ3 2024: 1,612 institutionsQ4 2024: 1,686 institutionsQ1 2025: 1,656 institutionsQ2 2025: 1,693 institutionsQ3 2025: 1,801 institutionsQ4 2025: 1,852 institutionsQ1 2026: 1,841 institutionsQ2 2026: 1,869 institutions
Value heldQ4 2021: $52.7B
Q1 2021: $49.7BQ2 2021: $48.1BQ3 2021: $42.6BQ4 2021: $52.7BQ1 2022: $50.2BQ2 2022: $39.6BQ3 2022: $36.1BQ4 2022: $41.8BQ1 2023: $35.4BQ2 2023: $37.9BQ3 2023: $33.1BQ4 2023: $40.1BQ1 2024: $43.1BQ2 2024: $36.7BQ3 2024: $42.4BQ4 2024: $41.0BQ1 2025: $41.2BQ2 2025: $45.1BQ3 2025: $50.8BQ4 2025: $49.8BQ1 2026: $48.2BQ2 2026: $53.6B
Institutions holding NSC and their total value by quarter
QuarterHoldersValue
Q2 20261,869$53.6B
Q1 20261,841$48.2B
Q4 20251,852$49.8B
Q3 20251,801$50.8B
Q2 20251,693$45.1B
Q1 20251,656$41.2B
Q4 20241,686$41.0B
Q3 20241,612$42.4B
Q2 20241,565$36.7B
Q1 20241,628$43.1B
Q4 20231,585$40.1B
Q3 20231,444$33.1B
Q2 20231,529$37.9B
Q1 20231,500$35.4B
Q4 20221,592$41.8B
Q3 20221,501$36.1B
Q2 20221,543$39.6B
Q1 20221,646$50.2B
Q4 20211,644$52.7B
Q3 20211,494$42.6B
Q2 20211,546$48.1B
Q1 20211,514$49.7B

Institutions, Q4 2021

Shares, value and share of portfolio for each institution holding Norfolk Southern Corp; share changes are against Q3 2021.

Institutions holding NSC in Q4 2021
InstitutionSharesValue% of portfolioChange in sharesAction
Vanguard Group Inc18,425,636$5.49B0.12%−260,052−1.4%Reduced
BlackRock Inc.16,718,778$4.98B0.13%+1,148,493+7.4%Added
JPMorgan Chase & Co13,769,158$4.10B0.51%−1,965,762−12.5%Reduced
State Street Corp10,356,955$3.08B0.15%+67,178+0.7%Added
Capital World Investors7,292,809$2.17B0.34%−68,290−0.9%Reduced
Price T Rowe Associates Inc5,776,847$1.72B0.15%−15,989−0.3%Reduced
Capital International Investors5,698,911$1.70B0.36%+21,021+0.4%Added
Bank of America Corp4,517,502$1.34B0.14%−193,813−4.1%Reduced
Lazard Asset Management LLC3,959,196$1.18B1.25%−81,782−2.0%Reduced
Geode Capital Management, LLC3,938,677$1.17B0.14%+93,008+2.4%Added
Bank of New York Mellon Corp3,778,091$1.12B0.20%+418,141+12.4%Added
Wells Fargo & Company3,686,137$1.10B0.28%−510,089−12.2%Reduced
Northern Trust Corp3,385,784$1.01B0.17%−82,769−2.4%Reduced
Dimensional Fund Advisors LP2,276,716$677.7M0.20%−1,800−0.1%Reduced
Legal & General Group Plc2,123,427$632.2M0.19%−112,894−5.0%Reduced
Norges Bank2,099,525$625.0M0.13%−44,823−2.1%Reduced
Franklin Resources Inc1,911,720$569.1M0.21%−81,685−4.1%Reduced
Goldman Sachs Group Inc1,854,500$552.1M0.13%+717,032+63.0%Added
London Co of Virginia1,808,229$538.3M2.72%−6,994−0.4%Reduced
FMR LLC1,580,918$470.7M0.03%+501,866+46.5%Added
Alliancebernstein L.P.1,312,392$390.7M0.14%−730,598−35.8%Reduced
FIL Ltd1,204,945$358.7M0.37%−213,040−15.0%Reduced
Morgan Stanley1,196,715$356.3M0.04%+77,201+6.9%Added
Charles Schwab Investment Management Inc1,170,212$348.4M0.10%+20,414+1.8%Added
Mitsubishi UFJ Trust & Banking Corp1,151,532$342.8M0.71%+62,197+5.7%Added
Cohen & Steers, Inc.1,137,274$338.6M0.55%+164,695+16.9%Added
Deutsche Bank AG1,088,078$323.9M0.15%−113,700−9.5%Reduced
Amundi1,075,831$312.1M0.20%−298,416−21.7%Reduced
Magellan Asset Management Ltd1,030,292$306.7M0.78%−840−0.1%Reduced
Ameriprise Financial Inc1,000,199$296.1M0.08%+16,830+1.7%Added
UBS Asset Management Americas Inc941,445$280.3M0.11%+46,916+5.2%Added
Swiss National Bank938,662$279.4M0.17%−50,800−5.1%Reduced
Parametric Portfolio Associates LLC922,628$274.7M0.14%+26,040+2.9%Added
American Century Companies Inc899,319$267.7M0.17%−146,446−14.0%Reduced
Nuveen Asset Management, LLC786,494$234.1M0.07%−1,890−0.2%Reduced
Nordea Investment Management AB771,690$228.0M0.27%−12,345−1.6%Reduced
UBS Group AG733,961$218.5M0.09%+15,881+2.2%Added
Fisher Asset Management, LLC710,324$211.5M0.12%+73,490+11.5%Added
Boston Partners692,013$206.0M0.25%+100,208+16.9%Added
Sumitomo Mitsui Trust Holdings, Inc.687,199$204.6M0.12%−38,275−5.3%Reduced
Two Sigma Investments, LP678,272$201.9M0.50%+211,806+45.4%Added
Artemis Investment Management LLP665,606$197.9M1.44%+148,099+28.6%Added
Two Sigma Advisers, LP638,300$190.0M0.48%+288,000+82.2%Added
Palestra Capital Management LLC632,310$188.2M5.49%+632,310New
Cincinnati Financial Corp587,687$175.0M3.67%00.0%Unchanged
Mirae Asset Global Investments Co., Ltd.578,342$172.2M0.37%+90,829+18.6%Added
Invesco Ltd.575,294$171.3M0.04%−81,348−12.4%Reduced
Swedbank AB580,758$171.2M0.29%+34,344+6.3%Added
Lord, Abbett & Co. LLC574,875$171.1M0.39%+27,746+5.1%Added
California Public Employees Retirement System522,573$155.6M0.10%−35,946−6.4%Reduced
The PNC Financial Services Group, Inc.506,508$150.8M0.12%−3,685−0.7%Reduced
Eaton Vance Management492,801$146.7M0.18%−19,918−3.9%Reduced
Public Employees Retirement Association of Colorado491,225$146.2M0.60%−12,057−2.4%Reduced
Royal Bank of Canada487,737$145.2M0.04%+158,054+47.9%Added
New York State Common Retirement Fund468,604$139.5M0.14%−9,543−2.0%Reduced
First Trust Advisors LP463,227$137.9M0.13%−31,242−6.3%Reduced
Allspring Global Investments Holdings, LLC452,074$134.6M0.15%+452,074New
Thrivent Financial for Lutherans449,280$133.5M0.26%−72,365−13.9%Reduced
California State Teachers Retirement System443,408$132.0M0.15%+11,250+2.6%Added
Rhumbline Advisers423,751$126.2M0.15%−4,476−1.0%Reduced
Credit Suisse AG415,761$123.8M0.10%+63,630+18.1%Added
Wilbanks Smith & Thomas Asset Management LLC406,070$120.9M4.21%+376+0.1%Added
Balyasny Asset Management LLC402,159$119.7M0.51%+99,765+33.0%Added
Barclays PLC401,607$119.6M0.07%−121,079−23.2%Reduced
Davenport & Co LLC400,052$119.1M0.80%−8,025−2.0%Reduced
Adage Capital Partners GP, L.L.C.395,687$117.8M0.21%−53,848−12.0%Reduced
Korea Investment CORP348,034$103.6M0.27%+35,401+11.3%Added
National Pension Service340,542$101.4M0.18%−14,559−4.1%Reduced
Los Angeles Capital Management LLC328,000$97.6M0.36%+321,292+4,789.7%Added
Standard Life Aberdeen plc325,097$96.8M0.21%+21,450+7.1%Added
Manning & Napier Group, LLC318,651$94.9M0.79%−3,048−0.9%Reduced
State Board of Administration of Florida Retirement System316,612$94.3M0.17%−1,776−0.6%Reduced
Raymond James & Associates302,623$90.1M0.07%+10,828+3.7%Added
Truist Financial Corp293,331$87.3M0.13%−33,450−10.2%Reduced
Bank of Montreal291,387$86.2M0.05%−19,917−6.4%Reduced
Principal Financial Group Inc286,142$85.2M0.05%−10,457−3.5%Reduced
Voloridge Investment Management, LLC284,143$84.6M0.46%−108,609−27.7%Reduced
Ensign Peak Advisors, Inc274,223$81.6M0.16%+41,960+18.1%Added
New York State Teachers Retirement System271,852$80.9M0.16%−10,258−3.6%Reduced
Renaissance Technologies LLC269,800$80.3M0.10%−128,400−32.2%Reduced
Cincinnati Insurance Co264,400$78.7M1.42%00.0%Unchanged
Saturna Capital CORP256,515$76.4M1.37%+175+0.1%Added
Reaves W H & Co Inc252,100$75.1M2.29%00.0%Unchanged
Macquarie Group Ltd247,141$73.6M0.06%+1,400+0.6%Added
Ardevora Asset Management LLP242,739$72.3M0.77%+2,900+1.2%Added
NFJ Investment Group, LLC236,157$70.3M1.28%−1,184−0.5%Reduced
Citigroup Inc235,892$70.2M0.06%−51,297−17.9%Reduced
Capital Group Private Client Services, Inc.230,701$68.7M0.73%−2,129−0.9%Reduced
Markel Group Inc.SuperinvestorMarkel Group229,500$68.3M0.78%00.0%Unchanged
US Bancorp227,669$67.8M0.11%−3,601−1.6%Reduced
Prudential Financial Inc223,519$64.6M0.08%−6,718−2.9%Reduced
Retirement Systems of Alabama215,958$64.3M0.22%−4,181−1.9%Reduced
Neuberger Berman Group LLC217,979$63.9M0.05%+30,841+16.5%Added
Great West Life Assurance Co211,847$62.9M0.13%+189+0.1%Added
Envestnet Asset Management Inc204,886$61.0M0.03%−25,825−11.2%Reduced
Atalanta Sosnoff Capital, LLC201,174$59.9M1.29%−1,337−0.7%Reduced
Candlestick Capital Management LP200,000$59.5M1.33%+80,000+66.7%Added
Canada Pension Plan Investment Board199,950$59.5M0.06%−33,612−14.4%Reduced
HSBC Holdings PLC198,321$58.8M0.06%−89,035−31.0%Reduced
Assenagon Asset Management S.A.195,892$58.3M0.22%+185,471+1,779.8%Added