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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 2022

Institutional positions in Norfolk Southern Corp as of Dec 31, 2022. 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
1,590
+121 vs. Q3 2022
Shares held
169.7M
−1.61M (−0.9%) vs. Q3 2022
Total value
$41.8B
+$5.88B (+16.4%) vs. Q3 2022
New holders
191
458 more added
Sold out
70
562 more reduced

32 institutions that held it in Q3 2022 haven't filed for Q4 2022 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q3 2022: 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 2022: 1,590 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: 1,590 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 2022: $41.8B
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 20221,590$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 2022

Shares, value and share of portfolio for each institution holding Norfolk Southern Corp; share changes are against Q3 2022.

Institutions holding NSC in Q4 2022
InstitutionSharesValue% of portfolioChange in sharesAction
Vanguard Group Inc18,533,329$4.57B0.12%−67,229−0.4%Reduced
BlackRock Inc.15,734,144$3.88B0.12%−64,330−0.4%Reduced
JPMorgan Chase & Co11,555,480$2.85B0.40%−2,517,072−17.9%Reduced
State Street Corp10,160,051$2.50B0.15%−42,671−0.4%Reduced
Capital International Investors7,763,760$1.91B0.51%+266,883+3.6%Added
Lazard Asset Management LLC7,144,381$1.76B2.43%−502,673−6.6%Reduced
Capital World Investors6,135,920$1.51B0.32%+339,808+5.9%Added
Wells Fargo & Company4,103,911$1.01B0.32%+9140.0%Added
Geode Capital Management, LLC4,099,195$1.01B0.14%+25,997+0.6%Added
Northern Trust Corp3,352,141$826.0M0.17%+74,327+2.3%Added
Bank of America Corp3,033,717$747.6M0.09%+12,607+0.4%Added
Bank of New York Mellon Corp2,807,835$691.9M0.16%+35,408+1.3%Added
Price T Rowe Associates Inc2,724,821$671.5M0.11%+1,265,666+86.7%Added
Morgan Stanley2,546,214$627.4M0.07%+638,384+33.5%Added
Dimensional Fund Advisors LP2,287,614$563.7M0.20%−7,680−0.3%Reduced
Norges Bank2,179,236$537.0M0.13%+145,712+7.2%Added
Franklin Resources Inc2,039,316$502.5M0.26%+110,529+5.7%Added
Legal & General Group Plc2,036,899$501.9M0.19%−88,210−4.2%Reduced
Goldman Sachs Group Inc1,505,055$370.9M0.11%−206,490−12.1%Reduced
FIL Ltd1,497,263$369.0M0.44%−68,610−4.4%Reduced
Cohen & Steers, Inc.1,480,719$364.9M0.81%+156,343+11.8%Added
American Century Companies Inc1,467,443$361.6M0.30%+84,779+6.1%Added
London Co of Virginia1,454,719$358.5M2.11%−7,777−0.5%Reduced
Gibson Wealth Advisors LLC1,430,667$338.5M6.51%+1,407,958+6,200.0%Added
FMR LLC1,365,618$336.5M0.03%−92,988−6.4%Reduced
Charles Schwab Investment Management Inc1,232,513$303.7M0.10%+13,939+1.1%Added
Alliancebernstein L.P.1,214,184$299.2M0.13%−209,989−14.7%Reduced
Deutsche Bank AG1,195,444$294.6M0.17%+205,222+20.7%Added
Boston Partners1,028,744$253.5M0.34%+17,185+1.7%Added
Amundi931,373$238.6M0.13%+273,173+41.5%Added
Swiss National Bank954,600$235.2M0.17%−78,162−7.6%Reduced
Magellan Asset Management Ltd949,123$233.9M2.00%−46,673−4.7%Reduced
UBS Asset Management Americas Inc837,474$206.4M0.11%+1,452+0.2%Added
Citadel Advisors LLC835,789$206.0M0.24%+833,960+45,596.5%Added
Fisher Asset Management, LLC793,941$195.6M0.13%+31,164+4.1%Added
Nordea Investment Management AB775,440$191.3M0.30%−33,374−4.1%Reduced
Nuveen Asset Management, LLC750,473$184.9M0.07%+6,411+0.9%Added
UBS Group AG724,530$178.5M0.09%+108,205+17.6%Added
Sumitomo Mitsui Trust Holdings, Inc.670,696$165.3M0.13%−13,941−2.0%Reduced
Invesco Ltd.641,615$158.1M0.05%+18,243+2.9%Added
Cincinnati Financial Corp587,687$144.8M3.64%00.0%Unchanged
Lord, Abbett & Co. LLC562,106$138.5M0.50%−40,870−6.8%Reduced
Two Sigma Advisers, LP550,000$135.5M0.38%−92,400−14.4%Reduced
California Public Employees Retirement System522,261$128.7M0.11%−9,896−1.9%Reduced
Swedbank AB516,710$127.3M0.28%−3,987−0.8%Reduced
Arrowstreet Capital, Limited Partnership483,834$119.2M0.17%+36,763+8.2%Added
The PNC Financial Services Group, Inc.479,236$118.1M0.11%−6,559−1.4%Reduced
ATLAS Infrastructure Partners (UK) Ltd.474,933$117.0M24.08%−17,253−3.5%Reduced
Public Employees Retirement Association of Colorado471,201$116.1M0.63%−5,828−1.2%Reduced
Rhumbline Advisers465,965$114.8M0.15%+21,559+4.9%Added
Royal Bank of Canada427,818$105.4M0.03%+125,752+41.6%Added
Mirae Asset Global Investments Co., Ltd.426,930$105.2M0.27%−15,736−3.6%Reduced
Ameriprise Financial Inc425,030$104.7M0.04%−37,798−8.2%Reduced
Credit Suisse AG423,344$104.3M0.11%−160,369−27.5%Reduced
New York State Common Retirement Fund418,895$103.2M0.14%−3,000−0.7%Reduced
Davenport & Co LLC411,265$101.5M0.83%+2,081+0.5%Added
California State Teachers Retirement System399,695$98.5M0.15%−242−0.1%Reduced
Thrivent Financial for Lutherans389,782$96.1M0.25%−21,495−5.2%Reduced
National Pension Service385,823$95.1M0.19%+7,709+2.0%Added
Wilbanks Smith & Thomas Asset Management LLC383,156$94.4M3.58%−1720.0%Reduced
Artemis Investment Management LLP372,702$92.2M1.05%−27,812−6.9%Reduced
Millennium Management LLC367,286$90.5M0.10%+122,538+50.1%Added
Manning & Napier Group, LLC351,710$86.7M1.07%−8,302−2.3%Reduced
First Trust Advisors LP349,486$86.1M0.10%−694,986−66.5%Reduced
Raymond James & Associates335,665$82.7M0.08%−2,011−0.6%Reduced
Standard Life Aberdeen plc335,501$82.7M0.22%−25,144−7.0%Reduced
BNP Paribas Arbitrage, SA315,931$77.9M0.20%+100,205+46.5%Added
HSBC Holdings PLC281,981$69.4M0.09%+102,894+57.5%Added
Ardevora Asset Management LLP271,470$66.9M1.14%−23,096−7.8%Reduced
State Board of Administration of Florida Retirement System269,243$66.3M0.16%−9,390−3.4%Reduced
Barclays PLC267,388$65.9M0.06%+27,339+11.4%Added
Cincinnati Insurance Co264,400$65.2M1.30%00.0%Unchanged
Principal Financial Group Inc261,165$64.4M0.05%−10,952−4.0%Reduced
Saturna Capital CORP255,680$63.0M1.36%−3,785−1.5%Reduced
Truist Financial Corp247,451$61.0M0.11%−5,663−2.2%Reduced
New York State Teachers Retirement System246,630$60.8M0.15%−7,294−2.9%Reduced
Renaissance Technologies LLC245,100$60.4M0.08%−226,200−48.0%Reduced
Citigroup Inc244,623$60.3M0.08%+35,549+17.0%Added
Envestnet Asset Management Inc241,510$59.5M0.03%+8,487+3.6%Added
Macquarie Group Ltd242,269$59.4M0.07%−18,046−6.9%Reduced
Adage Capital Partners GP, L.L.C.235,867$58.1M0.14%−143,423−37.8%Reduced
Capital Group Private Client Services, Inc.234,765$57.9M0.73%−406−0.2%Reduced
Bank of Montreal229,043$56.9M0.04%+38,102+20.0%Added
Markel Group Inc.SuperinvestorMarkel Group229,500$56.6M0.76%00.0%Unchanged
Glenview Capital Management, LLC227,578$56.1M1.34%−22,901−9.1%Reduced
Los Angeles Capital Management LLC227,032$55.9M0.27%−97,077−30.0%Reduced
US Bancorp222,652$54.9M0.10%+10,903+5.1%Added
Mitsubishi UFJ Trust & Banking Corp222,447$54.8M0.14%−902,958−80.2%Reduced
Russell Investments Group, Ltd.221,253$54.6M0.11%−78,118−26.1%Reduced
Ensign Peak Advisors, Inc208,490$51.4M0.12%+6,758+3.3%Added
Man Group plc205,860$50.7M0.18%+36,310+21.4%Added
Prudential Financial Inc201,971$49.8M0.08%+2,147+1.1%Added
Retirement Systems of Alabama198,770$49.0M0.21%−3,844−1.9%Reduced
Reaves W H & Co Inc185,100$45.6M1.63%00.0%Unchanged
Fifth Third Bancorp183,548$45.2M0.22%−5,389−2.9%Reduced
Aristotle Atlantic Partners, LLC182,339$44.9M2.52%+2,946+1.6%Added
Commonwealth of Pennsylvania Public School Empls Retrmt Sys181,850$44.8M0.38%+20,732+12.9%Added
Manufacturers Life Insurance Company, The170,149$41.9M0.03%−7,703−4.3%Reduced
Mitsubishi UFJ Kokusai Asset Management Co., Ltd.167,873$41.6M0.11%+17,323+11.5%Added
M&T Bank Corp165,405$40.8M0.16%+2,979+1.8%Added