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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
1,592
+123 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
193
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: 1,592 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 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 20221,592$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 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
Neuberger Berman Group LLC165,069$40.7M0.04%−110,117−40.0%Reduced
BNP PARIBAS ASSET MANAGEMENT Holding S.A.161,707$39.8M0.14%+33,535+26.2%Added
Baird Financial Group, Inc.160,449$39.5M0.10%−1,873−1.2%Reduced
Whittier Trust Co159,264$39.2M0.76%+487+0.3%Added
Stifel Financial Corp152,685$37.6M0.06%−4,786−3.0%Reduced
Ceredex Value Advisors LLC151,795$37.4M0.58%+18,666+14.0%Added
LPL Financial LLC151,049$37.2M0.03%+19,565+14.9%Added
SEI Investments Co149,930$36.9M0.08%−8,542−5.4%Reduced
Korea Investment CORP149,627$36.9M0.12%−134,643−47.4%Reduced
Keybank National Association149,270$36.8M0.18%−3,108−2.0%Reduced
Schroder Investment Management Group147,018$36.2M0.06%+1,580+1.1%Added
NFJ Investment Group, LLC145,480$35.8M0.94%−249,563−63.2%Reduced
Chevy Chase Trust Holdings, Inc.140,989$34.7M0.15%−9,861−6.5%Reduced
Natixis Advisors, L.P.140,592$34.6M0.13%+26,476+23.2%Added
Captrust Financial Advisors140,417$34.6M0.17%+3,422+2.5%Added
AXA S.A.140,095$34.5M0.12%−87,381−38.4%Reduced
Berkshire Asset Management LLC139,982$34.5M2.21%+2,443+1.8%Added
Public Employees Retirement System of Ohio138,761$34.2M0.15%−2,059−1.5%Reduced
Great West Life Assurance Co136,254$33.7M0.09%−5,640−4.0%Reduced
State of New Jersey Common Pension Fund D136,593$33.7M0.13%−2,954−2.1%Reduced
First Republic Investment Management, Inc.135,819$33.5M0.07%+1,650+1.2%Added
Atalanta Sosnoff Capital, LLC135,315$33.3M1.03%−138,833−50.6%Reduced
Two Sigma Investments, LP133,865$33.0M0.11%−90,860−40.4%Reduced
HighTower Advisors, LLC132,920$32.7M0.07%−2,263−1.7%Reduced
Toronto Dominion Bank126,511$31.2M0.05%+15,375+13.8%Added
Raymond James Financial Services Advisors, Inc.124,298$30.6M0.06%−9,299−7.0%Reduced
Voya Investment Management LLC123,980$30.6M0.04%−19,835−13.8%Reduced
State of Wisconsin Investment Board122,976$30.3M0.10%−17,064−12.2%Reduced
Commonwealth Equity Services, LLC116,262$28.6M0.07%−1,826−1.5%Reduced
Mn Services Vermogensbeheer B.V.114,560$28.2M0.32%−19,000−14.2%Reduced
Aviva PLC111,540$27.5M0.14%+15,089+15.6%Added
Cerity Partners LLC110,675$27.5M0.18%+2,721+2.5%Added
Susquehanna International Group, LLP108,881$26.8M0.05%+46,889+75.6%Added
Pictet Asset Management SA108,800$26.8M0.04%−4,705−4.1%Reduced
Victory Capital Management Inc107,579$26.5M0.03%+8,670+8.8%Added
Mariner, LLC104,860$25.8M0.08%+668+0.6%Added
Balyasny Asset Management LLC104,394$25.7M0.09%+104,394New
Asset Management One Co.,Ltd.103,031$25.6M0.12%−3,798−3.6%Reduced
Handelsbanken Fonder AB103,592$25.5M0.16%+9,673+10.3%Added
Janney Montgomery Scott LLC102,326$25.2M0.10%+2,956+3.0%Added
Treasurer of the State of North Carolina102,130$25.2M0.15%−540−0.5%Reduced
Dana Investment Advisors, Inc.101,281$25.0M1.31%−1,170−1.1%Reduced
Hyman Charles D101,221$24.9M1.70%−51−0.1%Reduced
Waters Parkerson & Co., LLC98,217$24.2M1.46%−386−0.4%Reduced
Nisa Investment Advisors, LLC98,052$24.2M0.19%−4,426−4.3%Reduced
BI Asset Management Fondsmaeglerselskab A/S92,928$22.9M0.61%+87,297+1,550.3%Added
Candriam Luxembourg S.C.A.92,549$22.8M0.15%+58,200+169.4%Added
Buckingham Strategic Wealth, LLC91,720$22.6M0.41%−170.0%Reduced
Bartlett & Co. LLC88,138$21.7M0.44%+186+0.2%Added
Bartlett & Co. Wealth Management LLC88,138$21.7M0.44%+186+0.2%Added
Glenview Trust Co87,996$21.7M0.72%+5,447+6.6%Added
Primecap Management Co87,700$21.6M0.02%−6,000−6.4%Reduced
DekaBank Deutsche Girozentrale82,852$20.5M0.05%+4,482+5.7%Added
Alberta Investment Management Corp82,110$20.2M0.18%−25,957−24.0%Reduced
Tiaa, FSB80,467$19.8M0.08%−11,234−12.3%Reduced
Earnest Partners LLC77,846$19.2M0.12%+1,641+2.2%Added
TD Asset Management Inc77,753$19.2M0.02%−547−0.7%Reduced
Advisor Group Holdings, Inc.75,947$18.7M0.04%−1,710−2.2%Reduced
Royal London Asset Management Ltd75,483$18.6M0.08%+1,755+2.4%Added
STRS Ohio75,295$18.6M0.08%−4,533−5.7%Reduced
Richard C. Young & CO., LTD.74,723$18.4M2.45%−358−0.5%Reduced
AQR Capital Management LLC74,518$18.4M0.04%+34,671+87.0%Added
Allianz Asset Management GmbH73,345$18.1M0.04%−9,178−11.1%Reduced
National Mutual Insurance Federation of Agricultural Cooperatives72,400$17.8M0.22%00.0%Unchanged
American International Group, Inc.72,095$17.8M0.12%−130−0.2%Reduced
Brown Advisory Inc70,753$17.4M0.03%+2,355+3.4%Added
Vestor Capital, LLC70,721$17.4M2.10%−2,212−3.0%Reduced
AMF Pensionsforsakring AB68,809$17.0M0.19%00.0%Unchanged
Creative Planning68,593$16.9M0.03%+2,281+3.4%Added
Whittier Trust Co of Nevada Inc68,178$16.8M0.66%+713+1.1%Added
Lowe Brockenbrough & Co Inc67,496$16.6M1.45%−782−1.1%Reduced
NorthCrest Asset Manangement, LLC67,124$16.5M0.94%−2,737−3.9%Reduced
Westpac Banking Corp66,864$16.5M0.24%−2,860−4.1%Reduced
Bank Julius Baer & Co. Ltd, Zurich66,404$16.4M0.11%−310.0%Reduced
Varma Mutual Pension Insurance Co65,000$16.0M0.23%−12,154−15.8%Reduced
DnB Asset Management AS64,762$16.0M0.11%−961−1.5%Reduced
Arizona State Retirement System63,997$15.8M0.15%−788−1.2%Reduced
Skandinaviska Enskilda Banken AB (publ)63,276$15.6M0.12%+14,452+29.6%Added
State of Michigan Retirement System62,890$15.5M0.11%−700−1.1%Reduced
Canada Pension Plan Investment Board62,610$15.4M0.03%−56,278−47.3%Reduced
Core Alternative Capital62,293$15.4M1.95%+6,670+12.0%Added
Regions Financial Corp62,070$15.3M0.14%−96−0.2%Reduced
Polar Capital Holdings Plc60,981$15.0M0.12%+1,152+1.9%Added
MetLife Investment Management60,454$14.9M0.11%−1,881−3.0%Reduced
Amalgamated Bank60,417$14.9M0.13%−890−1.5%Reduced
Kanawha Capital Management LLC58,781$14.5M1.42%+736+1.3%Added
Glenmede Trust Co NA57,750$14.2M0.08%+1,588+2.8%Added
Nomura Asset Management Co Ltd57,334$14.1M0.08%+1,902+3.4%Added
Pendal Group Limited57,183$14.1M0.12%+9,761+20.6%Added
Teacher Retirement System of Texas56,869$14.0M0.10%−38,037−40.1%Reduced
Congress Asset Management Co55,293$13.6M0.14%+874+1.6%Added
IFM Investors Pty Ltd54,471$13.4M0.23%−13,994−20.4%Reduced
Blair William & Co52,700$13.0M0.06%−7,143−11.9%Reduced
USS Investment Management Ltd52,408$12.9M0.19%+3,570+7.3%Added
Neville Rodie & Shaw Inc51,605$12.7M1.19%+1,065+2.1%Added
Comerica Bank48,965$12.6M0.10%−558−1.1%Reduced
Jane Street Group, LLC49,978$12.3M0.02%−36,639−42.3%Reduced
Voloridge Investment Management, LLC49,063$12.1M0.07%−63,307−56.3%Reduced
Eagle Ridge Investment Management48,815$12.0M1.40%−552−1.1%Reduced
Calamos Advisors LLC48,801$12.0M0.06%−8,629−15.0%Reduced