Skip to main content

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
Dillon & Associates Inc48,514$11.9M2.58%+441+0.9%Added
Pittenger & Anderson Inc47,905$11.8M0.65%+1,855+4.0%Added
Davidson Investment Advisors47,781$11.8M0.92%−486−1.0%Reduced
Cambridge Investment Research Advisors, Inc.47,720$11.8M0.06%−1,659−3.4%Reduced
Forsta Ap-Fonden47,400$11.7M0.13%−133,600−73.8%Reduced
State of Alaska, Department of Revenue46,654$11.5M0.14%−840−1.8%Reduced
Bryn Mawr Trust Co46,637$11.5M0.52%−875−1.8%Reduced
Linscomb & Williams, Inc.46,387$11.4M0.58%+1,094+2.4%Added
Congress Wealth Management LLC46,361$11.4M0.29%+851+1.9%Added
Allspring Global Investments Holdings, LLC46,305$11.4M0.02%+22,763+96.7%Added
M. Kraus & Co46,296$11.4M4.21%+107+0.2%Added
Kovitz Investment Group Partners, LLC46,009$11.3M0.23%−409−0.9%Reduced
Geneos Wealth Management Inc.45,351$11.2M0.68%−207−0.5%Reduced
Heritage Investors Management Corp45,162$11.1M0.51%−160.0%Reduced
Saybrook Capital44,688$11.0M3.66%00.0%Unchanged
Mastrapasqua Asset Management Inc44,610$11.0M1.45%−680−1.5%Reduced
Johnson Investment Counsel Inc44,264$10.9M0.15%+3,300+8.1%Added
Skylands Capital, LLC43,370$10.7M1.69%−12,600−22.5%Reduced
Duff & Phelps Investment Management Co42,748$10.5M0.13%+1,226+3.0%Added
Commerce Bank41,181$10.1M0.08%−1,134−2.7%Reduced
Utah Retirement Systems41,058$10.1M0.16%−940−2.2%Reduced
CIBC Asset Management Inc40,303$9.93M0.04%+1,733+4.5%Added
Tufton Capital Management40,279$9.93M2.18%−487−1.2%Reduced
Mercer Global Advisors Inc39,914$9.84M0.05%+2,644+7.1%Added
Gulf International Bank (UK) Ltd39,641$9.77M0.17%−3,000−7.0%Reduced
APG Asset Management N.V.39,503$9.73M0.02%+2,414+6.5%Added
Yousif Capital Management, LLC39,442$9.72M0.13%+957+2.5%Added
BTC Capital Management, Inc.39,177$9.67M1.16%+1,221+3.2%Added
Mackenzie Financial Corp38,788$9.56M0.02%+20,214+108.8%Added
InterOcean Capital Group, LLC38,424$9.47M0.35%+3,842+11.1%Added
D. E. Shaw & Co., Inc.38,332$9.45M0.02%−19,891−34.2%Reduced
Cetera Advisor Networks LLC37,725$9.30M0.08%+5,500+17.1%Added
TD Waterhouse Canada Inc.33,541$9.24M0.10%−530−1.6%Reduced
Cinctive Capital Management LP36,912$9.10M0.47%+36,912New
New York Life Investment Management LLC36,414$8.97M0.10%−539−1.5%Reduced
ProShare Advisors LLC36,219$8.93M0.03%−101−0.3%Reduced
Vontobel Holding Ltd.35,870$8.82M0.09%+4,939+16.0%Added
Lafayette Investments, Inc.35,743$8.81M2.48%+31+0.1%Added
Zurcher Kantonalbank (Zurich Cantonalbank)35,705$8.80M0.05%−3,394−8.7%Reduced
State of Tennessee, Treasury Department35,595$8.77M0.04%−3,832−9.7%Reduced
McCollum Christoferson Group LLC35,550$8.76M2.77%+200+0.6%Added
Cohen Klingenstein LLC35,500$8.75M0.44%00.0%Unchanged
1st Source Bank35,490$8.75M0.57%−691−1.9%Reduced
Eliot Finkel Investment Counsel, LLC35,320$8.70M5.52%−260−0.7%Reduced
Virginia Retirement Systems Et Al35,100$8.65M0.09%−4,100−10.5%Reduced
Artisan Partners Limited Partnership34,438$8.49M0.02%+5,444+18.8%Added
Capital Fund Management S.A.34,282$8.45M0.19%+16,390+91.6%Added
Moors & Cabot, Inc.34,230$8.43M0.59%+203+0.6%Added
Baker Chad R33,906$8.36M2.34%00.0%Unchanged
Klingenstein Fields & Co LP33,876$8.35M0.43%−330−1.0%Reduced
Trust Co of Toledo NA33,696$8.30M1.57%+58+0.2%Added
Janus Henderson Group PLC33,369$8.22M0.01%+4,142+14.2%Added
Van Eck Associates Corp33,286$8.20M0.02%+3,593+12.1%Added
PFS Investments Inc.33,193$8.18M0.15%−322−1.0%Reduced
Mutual of America Capital Management LLC33,131$8.16M0.10%+557+1.7%Added
Texas Permanent School Fund32,894$8.11M0.12%−339−1.0%Reduced
CSM Advisors, LLC32,690$8.05M0.77%−700−2.1%Reduced
Synovus Financial Corp32,362$7.97M0.09%+8,308+34.5%Added
Huntington National Bank32,200$7.93M0.08%−730−2.2%Reduced
Cornerstone Advisors, LLC32,000$7.89M0.39%00.0%Unchanged
Estabrook Capital Management31,395$7.74M1.33%−651−2.0%Reduced
Bokf, NA31,336$7.72M0.14%−1,603−4.9%Reduced
Burns J W & Co Inc31,198$7.69M1.40%−1,335−4.1%Reduced
PGGM Investments31,149$7.68M0.13%−3,481−10.1%Reduced
Banco Bilbao Vizcaya Argentaria, S.A.30,996$7.67M0.11%−10,329−25.0%Reduced
Trust Co of Vermont29,762$7.33M0.54%+58+0.2%Added
Northwestern Mutual Wealth Management Co29,759$7.33M0.01%−403−1.3%Reduced
Brinker Capital Investments, LLC29,708$7.32M0.15%−444−1.5%Reduced
CIBC World Markets Inc.29,473$7.26M0.03%+553+1.9%Added
BFSG, LLC29,441$7.25M1.45%−531−1.8%Reduced
Investment House LLC29,233$7.20M0.67%00.0%Unchanged
Swiss Life Asset Management Ltd29,105$7.18M0.12%−1,697−5.5%Reduced
Gateway Investment Advisers LLC28,893$7.12M0.09%+4,045+16.3%Added
Public Sector Pension Investment Board28,824$7.10M0.06%+3,647+14.5%Added
CI Private Wealth, LLC28,570$7.04M0.03%+28,570New
Kornitzer Capital Management Inc28,079$6.92M0.14%+15+0.1%Added
Ilmarinen Mutual Pension Insurance Co28,000$6.90M0.10%00.0%Unchanged
Nissay Asset Management Corp27,967$6.89M0.07%−461−1.6%Reduced
Robeco Institutional Asset Management B.V.27,434$6.76M0.02%−28,088−50.6%Reduced
Xponance, Inc.27,255$6.72M0.11%+3,669+15.6%Added
CIBC World Markets Corp27,218$6.71M0.05%+23,654+663.7%Added
Czech National Bank27,099$6.68M0.18%−199−0.7%Reduced
Pettyjohn, Wood & White, Inc26,907$6.63M1.65%+66+0.2%Added
Buckhead Capital Management LLC26,900$6.63M1.60%00.0%Unchanged
Alaska Permanent Fund Corp26,441$6.51M0.11%−1,479−5.3%Reduced
Country Club Bank26,308$6.48M0.56%−44−0.2%Reduced
Daiwa Securities Group Inc.26,258$6.47M0.05%+4,807+22.4%Added
Cullen/Frost Bankers, Inc.25,793$6.36M0.12%+2,126+9.0%Added
Thompson Siegel & Walmsley LLC25,375$6.25M0.10%−1,294−4.9%Reduced
Bessemer Group Inc24,813$6.11M0.01%−1,113−4.3%Reduced
Vaughan David Investments LLC24,767$6.10M0.18%−658−2.6%Reduced
Stonegate Investment Group, LLC24,518$6.04M0.26%−59−0.2%Reduced
Rockefeller Capital Management L.P.24,475$6.03M0.03%+2,374+10.7%Added
Waycross Partners, LLC24,303$5.99M2.17%+15,739+183.8%Added
Capital Investment Advisors, LLC24,053$5.93M0.18%−990−4.0%Reduced
Barbara Oil Co.24,000$5.91M2.83%00.0%Unchanged
Uncommon Cents Investing LLC24,155$5.87M2.16%−115−0.5%Reduced
Appian Way Asset Management LP23,700$5.84M2.19%+23,700New
Farmers National Bank23,326$5.75M2.05%−276−1.2%Reduced
B. Metzler seel. Sohn & Co. AG23,200$5.72M0.10%−4,130−15.1%Reduced