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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
Anchor Investment Management, LLC15,340$4.57M0.57%−279−1.8%Reduced
Louisiana State Employees Retirement System15,300$4.55M0.10%−100−0.6%Reduced
Prospera Financial Services Inc15,232$4.54M0.20%+1,397+10.1%Added
American Money Management, LLC15,167$4.51M1.17%−23−0.2%Reduced
Harbour Investment Management LLC15,164$4.51M2.06%−95−0.6%Reduced
Banque Cantonale Vaudoise15,137$4.51M0.18%−300−1.9%Reduced
DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main15,240$4.49M0.01%−54−0.4%Reduced
New Mexico Educational Retirement Board15,076$4.49M0.15%−1,300−7.9%Reduced
South Dakota Investment Council15,047$4.48M0.07%00.0%Unchanged
AE Wealth Management LLC14,951$4.45M0.03%+1,121+8.1%Added
SevenBridge Financial Group, LLC14,890$4.43M1.34%−51−0.3%Reduced
Bridgewater Associates, LP14,645$4.36M0.03%−321−2.1%Reduced
Kentucky Retirement Systems14,602$4.35M0.18%+240+1.7%Added
Storebrand Asset Management AS14,527$4.32M0.02%+922+6.8%Added
NJ State Employees Deferred Compensation Plan14,500$4.32M0.54%00.0%Unchanged
Principle Wealth Partners LLC14,497$4.32M0.45%−74−0.5%Reduced
Advanced Asset Management Advisors Inc14,370$4.28M0.89%00.0%Unchanged
Rafferty Asset Management, LLC14,365$4.28M0.02%−12,463−46.5%Reduced
D.A. Davidson & Co.14,342$4.27M0.05%−1,737−10.8%Reduced
Tower Research Capital LLC (TRC)14,337$4.27M0.07%+8,021+127.0%Added
DF Dent & Co Inc14,270$4.25M0.04%+418+3.0%Added
Alerus Financial NA14,120$4.20M0.34%−8,841−38.5%Reduced
Tower Bridge Advisors14,008$4.17M0.26%−553−3.8%Reduced
Franklin Street Advisors Inc13,987$4.16M0.31%00.0%Unchanged
Raymond James Trust N.A.13,962$4.16M0.12%+609+4.6%Added
Delta Capital Management LLC13,936$4.15M2.32%−35−0.3%Reduced
Boston Family Office LLC13,783$4.10M0.27%−60.0%Reduced
Pacer Advisors, Inc.13,727$4.09M0.04%−235−1.7%Reduced
Covington Investment Advisors Inc.13,663$4.07M0.83%−311−2.2%Reduced
Crossmark Global Holdings, Inc.13,612$4.05M0.09%−841−5.8%Reduced
Guggenheim Capital LLC13,528$4.03M0.02%−78−0.6%Reduced
Farmers & Merchants Investments Inc13,517$4.02M0.15%00.0%Unchanged
Oak Harbor Wealth Partners, LLC13,405$3.99M1.37%+13,405New
Institutional & Family Asset Management, LLC13,314$3.96M0.62%−705−5.0%Reduced
Stratos Wealth Partners, LTD.13,282$3.95M0.09%+1,383+11.6%Added
Fiduciary Trust Co13,116$3.90M0.06%+227+1.8%Added
Mill Capital Management, LLC13,035$3.88M0.40%+13,035New
Carnegie Capital Asset Management, LLC12,909$3.84M0.13%+4,520+53.9%Added
Ascension Asset Management LLC12,901$3.84M2.28%−200−1.5%Reduced
Caldwell Trust Co12,784$3.81M0.44%+795+6.6%Added
Investment Management of Virginia LLC12,672$3.77M0.61%+820+6.9%Added
Williams Jones Wealth Management, LLC.12,666$3.77M0.05%−80−0.6%Reduced
RSM US Wealth Management LLC12,657$3.77M0.18%+100+0.8%Added
Hutner Capital Management Inc12,588$3.75M2.19%−130−1.0%Reduced
Roberts Glore & Co Inc12,476$3.71M0.98%−156−1.2%Reduced
Fosun International Ltd12,560$3.71M0.21%00.0%Unchanged
Inverness Counsel LLC12,416$3.70M0.14%−74,049−85.6%Reduced
Premier Fund Managers Ltd12,500$3.68M0.12%00.0%Unchanged
United Capital Financial Advisers, LLC12,371$3.68M0.02%−24−0.2%Reduced
Koshinski Asset Management, Inc.12,277$3.66M0.30%+121+1.0%Added
Old Mission Capital LLC12,232$3.64M0.18%+12,232New
Northwestern Mutual Investment Management Company, LLC12,162$3.62M0.07%−360−2.9%Reduced
Logan Capital Management Inc12,100$3.60M0.16%+10.0%Added
Taylor Hoffman Wealth Management11,928$3.55M1.35%+382+3.3%Added
Peapack Gladstone Financial Corp11,874$3.53M0.07%+30.0%Added
Hills Bank & Trust Co11,783$3.51M0.48%+67+0.6%Added
Rothschild Investment Corp11,780$3.51M0.27%+69+0.6%Added
Advisory Services Network, LLC11,646$3.47M0.10%−1,349−10.4%Reduced
Jackson Square Capital, LLC11,592$3.45M0.99%+11,592New
Spire Wealth Management11,531$3.43M0.08%−1,289−10.1%Reduced
Cadence Bank NA11,528$3.43M0.93%−252−2.1%Reduced
Wesbanco Bank Inc11,517$3.43M0.12%−187−1.6%Reduced
Old Second National Bank of Aurora14,282$3.38M1.00%+776+5.7%Added
NBT Bank N A11,310$3.37M0.43%−80−0.7%Reduced
Fayez Sarofim & Co11,234$3.34M0.01%−1,375−10.9%Reduced
Burke & Herbert Bank & Trust Co11,197$3.33M1.95%−12−0.1%Reduced
Summit Financial Group Inc11,086$3.30M1.07%−10−0.1%Reduced
Silvant Capital Management LLC10,986$3.27M0.56%−632−5.4%Reduced
Stonegate Investment Group, LLC10,933$3.25M0.14%+10,933New
Murphy Pohlad Asset Management LLC10,920$3.25M1.28%−100−0.9%Reduced
InterOcean Capital Group, LLC10,910$3.25M0.14%−84−0.8%Reduced
Howe & Rusling Inc10,902$3.25M0.38%−74−0.7%Reduced
Kestra Advisory Services, LLC10,893$3.24M0.03%−851−7.2%Reduced
Bridge Creek Capital Management LLC10,788$3.21M1.10%−62−0.6%Reduced
Partners in Financial Planning12,000$3.21M0.98%−7−0.1%Reduced
MUFG Americas Holdings Corp10,770$3.21M0.06%+65+0.6%Added
Texas Yale Capital Corp.10,714$3.19M0.16%00.0%Unchanged
Ancora Advisors, LLC10,552$3.14M0.07%−52−0.5%Reduced
Physicians Financial Services, Inc.10,499$3.13M1.16%−75−0.7%Reduced
Verdence Capital Advisors LLC10,489$3.12M0.37%+33+0.3%Added
Impax Asset Management Group plc10,447$3.11M0.01%−719−6.4%Reduced
Wealthfront Advisers LLC10,139$3.02M0.01%+1,657+19.5%Added
Evoke Wealth, LLC10,118$3.01M0.10%+16+0.2%Added
Burney Co10,027$2.98M0.13%−137−1.3%Reduced
Regentatlantic Capital LLC9,947$2.96M0.08%+270+2.8%Added
Naples Global Advisors, LLC9,891$2.94M0.34%−240−2.4%Reduced
CarsonAllaria Wealth Management, Ltd.9,878$2.94M2.60%+9,878New
O'Shares Investment Advisers, LLC9,857$2.94M0.21%+713+7.8%Added
Tdam USA Inc.9,846$2.93M0.18%−27,038−73.3%Reduced
Kinneret Advisory, LLC9,796$2.92M0.30%00.0%Unchanged
WBI Investments10,071$2.91M0.47%+10,071New
Stephens Inc9,758$2.90M0.04%−1,135−10.4%Reduced
Souders Financial Advisors9,684$2.88M0.83%+248+2.6%Added
Kingsview Wealth Management, LLC9,636$2.87M0.12%+354+3.8%Added
Financial Network Wealth Management LLC9,586$2.85M1.45%−514−5.1%Reduced
Home Federal Bank of Tennessee9,464$2.82M0.93%−400−4.1%Reduced
Bahl & Gaynor Inc9,412$2.80M0.02%−482−4.9%Reduced
HHM Wealth Advisors, LLC9,389$2.79M0.67%+7+0.1%Added
Community Bank, N.A.9,253$2.75M0.32%−10−0.1%Reduced
Eagle Rock Investment Company, LLC9,200$2.74M0.52%+9,200New