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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
State of Michigan Retirement System61,311$18.3M0.10%−700−1.1%Reduced
Kanawha Capital Management LLC59,610$17.7M1.50%−722−1.2%Reduced
Skylands Capital, LLC58,455$17.4M2.01%−8,750−13.0%Reduced
National Mutual Insurance Federation of Agricultural Cooperatives57,400$17.1M0.14%+48,030+512.6%Added
Skandinaviska Enskilda Banken AB (publ)57,321$16.9M0.09%−8,667−13.1%Reduced
Teacher Retirement System of Texas55,706$16.6M0.07%−51,222−47.9%Reduced
ProShare Advisors LLC55,575$16.5M0.03%+10,550+23.4%Added
Pendal Group Limited55,560$16.5M0.13%−2,759−4.7%Reduced
Bridgeway Capital Management, LLC55,300$16.5M0.31%00.0%Unchanged
Whittier Trust Co of Nevada Inc54,138$16.1M0.59%+3,212+6.3%Added
MetLife Investment Management53,765$16.0M0.13%−2,016−3.6%Reduced
Congress Asset Management Co52,234$15.6M0.12%+348+0.7%Added
Alberta Investment Management Corp52,229$15.5M0.10%+52,229New
Great Lakes Advisors, LLC52,111$15.5M0.24%+786+1.5%Added
ExodusPoint Capital Management, LP51,657$15.4M0.19%−25,123−32.7%Reduced
State of Alaska, Department of Revenue51,059$15.2M0.15%−3,468−6.4%Reduced
Mastrapasqua Asset Management Inc50,669$15.1M1.48%+430+0.9%Added
Bryn Mawr Trust Co50,194$14.9M0.54%−923−1.8%Reduced
Tufton Capital Management50,020$14.9M2.29%−133−0.3%Reduced
Fjarde Ap-Fonden /Fourth Swedish National Pension Fund49,977$14.9M0.13%−3,498−6.5%Reduced
Parallax Volatility Advisers, L.P.48,701$14.5M0.18%+48,701New
Geneos Wealth Management Inc.48,642$14.5M0.55%−123−0.3%Reduced
Eagle Ridge Investment Management48,637$14.5M1.52%−2,266−4.5%Reduced
Calamos Advisors LLC48,435$14.4M0.06%+1,875+4.0%Added
M. Kraus & Co47,087$14.0M4.46%−375−0.8%Reduced
Comerica Bank50,752$13.9M0.10%−2,014−3.8%Reduced
Commerce Bank46,713$13.9M0.09%+45+0.1%Added
Gradient Investments LLC46,621$13.9M0.35%−849−1.8%Reduced
Davidson Investment Advisors46,432$13.8M0.99%−104−0.2%Reduced
Dillon & Associates Inc46,186$13.8M2.40%+223+0.5%Added
National Bank of Canada46,223$13.8M0.06%+46,223New
Heritage Investors Management Corp46,038$13.7M0.53%−1,532−3.2%Reduced
CSM Advisors, LLC45,550$13.6M0.91%−170−0.4%Reduced
AMP Capital Investors Ltd45,324$13.5M0.38%−47,654−51.3%Reduced
EFG Asset Management (Americas) Corp.45,046$13.4M2.26%−16,411−26.7%Reduced
Pittenger & Anderson Inc44,909$13.4M0.62%+242+0.5%Added
Saybrook Capital44,904$13.4M3.36%−30−0.1%Reduced
Congress Wealth Management LLC44,412$13.2M0.26%+44,412New
Utah Retirement Systems44,101$13.1M0.16%−500−1.1%Reduced
Linscomb & Williams, Inc.43,948$13.1M0.63%+100+0.2%Added
British Columbia Investment Management Corp43,421$12.9M0.07%−2,873−6.2%Reduced
Blair William & Co42,857$12.8M0.04%+6,347+17.4%Added
Gulf International Bank (UK) Ltd42,641$12.7M0.18%−8,786−17.1%Reduced
Forsta Ap-Fonden41,500$12.4M0.12%+100+0.2%Added
Johnson Investment Counsel Inc41,457$12.3M0.15%−241−0.6%Reduced
Public Sector Pension Investment Board40,602$12.1M0.07%−1,455−3.5%Reduced
Creative Planning39,737$11.8M0.02%−25−0.1%Reduced
Kovitz Investment Group Partners, LLC49,720$11.8M0.28%+3,286+7.1%Added
Yousif Capital Management, LLC39,595$11.8M0.12%+39,595New
Vaughan David Investments LLC39,286$11.7M0.34%−5,514−12.3%Reduced
Virginia Retirement Systems Et Al39,200$11.7M0.11%00.0%Unchanged
Eliot Finkel Investment Counsel, LLC39,104$11.6M6.81%−230−0.6%Reduced
Jane Street Group, LLC38,905$11.6M0.02%+7,290+23.1%Added
APG Asset Management N.V.44,189$11.6M0.02%−8,700−16.4%Reduced
Brinker Capital Investments, LLC38,658$11.5M0.17%+3,364+9.5%Added
Redpoint Investment Management Pty Ltd38,132$11.4M0.90%00.0%Unchanged
Bokf, NA37,929$11.3M0.17%−906−2.3%Reduced
Cambridge Investment Research Advisors, Inc.37,453$11.2M0.05%−347−0.9%Reduced
Swiss Life Asset Management Ltd37,430$11.1M0.14%−13,755−26.9%Reduced
Capital International Sarl36,682$10.9M0.52%+3,013+8.9%Added
Burns J W & Co Inc36,577$10.9M1.58%+73+0.2%Added
BTC Capital Management, Inc.36,474$10.9M1.07%−10,859−22.9%Reduced
Mackay Shields LLC36,327$10.8M0.09%−1,374−3.6%Reduced
Lafayette Investments, Inc.36,224$10.8M2.69%−470−1.3%Reduced
Connor, Clark & Lunn Investment Management Ltd.36,217$10.8M0.05%−2,430−6.3%Reduced
Vontobel Holding Ltd.36,008$10.6M0.09%+4,062+12.7%Added
McCollum Christoferson Group LLC35,528$10.6M2.38%+67+0.2%Added
Klingenstein Fields & Co LP35,522$10.6M0.42%−412−1.1%Reduced
Cohen Klingenstein LLC35,500$10.6M0.42%00.0%Unchanged
1st Source Bank35,342$10.5M0.62%+178+0.5%Added
Zurcher Kantonalbank (Zurich Cantonalbank)34,969$10.4M0.05%−6,050−14.7%Reduced
Banco Bilbao Vizcaya Argentaria, S.A.34,948$10.4M0.14%−9,796−21.9%Reduced
CIBC Private Wealth Group, LLC34,785$10.4M0.02%+23+0.1%Added
Trust Co of Toledo NA34,283$10.2M1.53%+42+0.1%Added
TD Waterhouse Canada Inc.32,125$10.2M0.10%+32,125New
Baker Chad R33,906$10.1M2.09%−1,550−4.4%Reduced
Texas Permanent School Fund33,565$9.99M0.12%−4,590−12.0%Reduced
Estabrook Capital Management33,370$9.93M1.41%−1,025−3.0%Reduced
Kornitzer Capital Management Inc33,120$9.86M0.15%−1,795−5.1%Reduced
Richard Bernstein Advisors LLC33,105$9.86M0.19%00.0%Unchanged
Moors & Cabot, Inc.32,807$9.77M0.60%−31,553−49.0%Reduced
Gateway Investment Advisers LLC32,804$9.77M0.09%−2,640−7.4%Reduced
Vetamer Capital Management, L.P.32,562$9.69M4.91%+32,562New
Huntington National Bank32,502$9.68M0.09%−1,727−5.0%Reduced
Capital Fund Management S.A.32,318$9.62M0.25%−16,183−33.4%Reduced
Mutual of America Capital Management LLC32,175$9.58M0.10%−285−0.9%Reduced
CIBC World Markets Inc.32,116$9.56M0.03%−1,875−5.5%Reduced
Trust Co of Vermont32,029$9.54M0.60%−1,299−3.9%Reduced
Northwestern Mutual Wealth Management Co31,863$9.49M0.02%−1,814−5.4%Reduced
IFM Investors Pty Ltd31,807$9.47M0.17%−602−1.9%Reduced
ING Groep NV31,761$9.46M0.08%+45+0.1%Added
Core Alternative Capital35,889$9.29M1.87%−910−2.5%Reduced
Private Advisor Group, LLC30,849$9.18M0.07%−7,441−19.4%Reduced
Cerity Partners LLC30,710$9.14M0.14%+1,765+6.1%Added
Tiaa, FSB30,990$9.14M0.03%−168−0.5%Reduced
Thompson Siegel & Walmsley LLC30,140$8.97M0.12%−107−0.4%Reduced
BFSG, LLC30,084$8.96M1.24%−934−3.0%Reduced
Investment House LLC29,533$8.79M0.56%−175−0.6%Reduced
CIBC Asset Management Inc29,257$8.71M0.03%+795+2.8%Added
Ilmarinen Mutual Pension Insurance Co28,000$8.34M0.10%00.0%Unchanged