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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, Q1 2023

Institutional positions in Norfolk Southern Corp as of Mar 31, 2023. 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
1,500
−57 vs. Q4 2022
Shares held
167.0M
−1.01M (−0.6%) vs. Q4 2022
Total value
$35.4B
−$6.02B (−14.6%) vs. Q4 2022
New holders
128
395 more added
Sold out
185
650 more reduced

35 institutions that held it in Q4 2022 haven't filed for Q1 2023 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q4 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 holdersQ1 2023: 1,500 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 heldQ1 2023: $35.4B
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, Q1 2023

Shares, value and share of portfolio for each institution holding Norfolk Southern Corp; share changes are against Q4 2022.

Institutions holding NSC in Q1 2023
InstitutionSharesValue% of portfolioChange in sharesAction
Optimum Investment Advisors800$169.6K0.09%00.0%Unchanged
Maryland Capital Advisors Inc.800$169.6K0.15%00.0%Unchanged
Riverview Trust Co800$169.6K0.16%00.0%Unchanged
Missouri Trust & Investment Co805$170.7K0.11%00.0%Unchanged
EverSource Wealth Advisors, LLC842$178.4K0.02%−245−22.5%Reduced
West Financial Advisors, LLC846$179.4K0.05%00.0%Unchanged
IFP Advisors, Inc1,608$179.4K0.01%−3,484−68.4%Reduced
Tacita Capital Inc850$180.0K0.14%00.0%Unchanged
TCTC Holdings, LLC850$180.2K0.01%+510+150.0%Added
McClarren Financial Advisors, Inc.859$182.0K0.17%−1,009−54.0%Reduced
Stonebridge Capital Advisors LLC883$187.2K0.02%−146−14.2%Reduced
Private Ocean, LLC893$189.3K0.03%−5−0.6%Reduced
West Branch Capital LLC901$191.0K0.11%+9+1.0%Added
Toth Financial Advisory Corp904$191.7K0.03%+1+0.1%Added
Arrow Financial Corp921$195.3K0.03%−34−3.6%Reduced
Monterey Private Wealth, Inc.944$200.1K0.10%+3+0.3%Added
Transform Wealth, LLC946$200.6K0.02%00.0%Unchanged
Willow Creek Wealth Management Inc.956$202.7K0.03%00.0%Unchanged
Broadleaf Partners, LLC957$202.9K0.07%00.0%Unchanged
SG Americas Securities, LLC957$203.0K0.00%−3,778−79.8%Reduced
Interchange Capital Partners, LLC949$203.7K0.11%+949New
Sonora Investment Management Group, LLC962$203.9K0.02%−4−0.4%Reduced
TCI Wealth Advisors, Inc.963$204.1K0.03%+1+0.1%Added
Foster Victor Wealth Advisors, LLC1,001$205.2K0.02%−8−0.8%Reduced
BIP Wealth, LLC973$206.3K0.02%+973New
MCF Advisors LLC975$206.7K0.02%+10+1.0%Added
Atlas Brown,Inc.976$206.9K0.10%00.0%Unchanged
Laurion Capital Management LP977$207.1K0.01%+977New
Independent Financial Group, LLC978$207.3K0.02%−1−0.1%Reduced
Compass Financial Group, INC978$207.4K0.07%+4+0.4%Added
Wealth Dimensions Group, Ltd.979$207.5K0.08%00.0%Unchanged
Slocum, Gordon & Co LLP982$208.2K0.17%00.0%Unchanged
Lokken Investment Group LLC986$209.0K0.16%00.0%Unchanged
Wela Strategies, Inc.986$209.0K0.11%−112−10.2%Reduced
Advisor OS, LLC987$209.2K0.05%+987New
Heartwood Wealth Advisors LLC988$209.5K0.03%−979−49.8%Reduced
Capital Counsel LLC990$209.9K0.01%00.0%Unchanged
Wiser Wealth Management, Inc990$209.9K0.09%00.0%Unchanged
CVA Family Office, LLC992$210.3K0.05%−150−13.1%Reduced
United Bank994$210.7K0.03%00.0%Unchanged
Cahaba Wealth Management, Inc.994$210.8K0.02%−145−12.7%Reduced
Pin Oak Investment Advisors Inc996$211.0K0.26%−222−18.2%Reduced
Girard Partners Ltd.998$211.6K0.02%−204−17.0%Reduced
Culbertson A N & Co Inc1,000$212.0K0.04%−35−3.4%Reduced
Davidson Trust Co1,000$212.0K0.16%00.0%Unchanged
Fernwood Investment Management, LLC1,000$212.0K0.08%00.0%Unchanged
J. L. Bainbridge & Co., Inc.1,000$212.0K0.03%00.0%Unchanged
Constitution Capital LLC1,000$212.0K0.13%00.0%Unchanged
Woodward Diversified Capital, LLC1,000$212.0K0.17%00.0%Unchanged
Argus Investors' Counsel, Inc.1,000$212.0K0.16%+1,000New
OLIO Financial Planning1,011$214.3K0.11%−125−11.0%Reduced
Capital Management Corp1,020$216.2K0.05%00.0%Unchanged
Belvedere Trading LLC1,023$216.9K0.10%+1,023New
Janney Capital Management LLC1,024$217.0K0.02%−50−4.7%Reduced
Shufro Rose & Co LLC1,025$217.3K0.02%−31−2.9%Reduced
Argent Advisors, Inc.1,029$218.1K0.10%−1,028−50.0%Reduced
Reliant Investment Management, LLC1,029$218.1K0.14%−50−4.6%Reduced
Hamilton Capital, LLC1,031$218.5K0.01%−22−2.1%Reduced
Associated Banc-Corp1,034$219.2K0.01%00.0%Unchanged
Arlington Partners LLC1,035$219.4K0.03%+717+225.5%Added
Jefferies Financial Group Inc.1,036$219.6K0.00%−11,348−91.6%Reduced
Advisors Capital Management, LLC1,037$220.0K0.01%−915−46.9%Reduced
Acorn Financial Advisory Services Inc1,038$220.1K0.04%00.0%Unchanged
Financial Advisory Group1,038$220.1K0.04%+1,038New
NTV Asset Management LLC1,040$220.5K0.04%00.0%Unchanged
Private Management Group Inc1,041$220.7K0.01%00.0%Unchanged
Delphia (USA) Inc.1,043$221.1K0.27%+1,043New
Moody Lynn & Lieberson, LLC1,045$221.5K0.02%00.0%Unchanged
Goodwin Daniel L1,050$222.6K0.11%00.0%Unchanged
Bremer Bank National Association1,052$223.0K0.04%−333−24.0%Reduced
Wade G W & Inc1,058$224.0K0.01%−2,204−67.6%Reduced
Coastal Bridge Advisors, LLC1,061$224.9K0.06%00.0%Unchanged
GPS Wealth Strategies Group, LLC1,063$225.4K0.05%+1,063New
GM Advisory Group, Inc.1,063$225.4K0.02%00.0%Unchanged
TrinityPoint Wealth, LLC1,064$225.6K0.05%+34+3.3%Added
LexAurum Advisors, LLC1,065$225.8K0.07%+4+0.4%Added
Baker Tilly Wealth Management, LLC1,067$226.2K0.03%+18+1.7%Added
Intrua Financial, LLC1,071$227.0K0.05%+1+0.1%Added
Pointe Capital Management LLC1,071$227.1K0.16%00.0%Unchanged
Retirement Planning Co of New England, Inc.1,073$227.5K0.14%00.0%Unchanged
Shepherd Financial Partners LLC1,074$227.7K0.04%+2+0.2%Added
Elmwood Wealth Management, Inc.1,074$227.7K0.11%+4+0.4%Added
Founders Financial Securities LLC1,074$227.8K0.03%+53+5.2%Added
Day & Ennis, LLC1,075$227.9K0.08%00.0%Unchanged
Carolinas Wealth Consulting LLC10,062$228.7K0.05%+7+0.1%Added
Leonteq Securities AG1,081$229.2K0.02%+726+204.5%Added
Robertson Stephens Wealth Management, LLC1,090$231.1K0.02%+37+3.5%Added
Alpha Cubed Investments, LLC1,096$232.4K0.02%−290−20.9%Reduced
Accredited Investors Inc.1,100$233.2K0.02%+2+0.2%Added
Stewart & Patten Co LLC1,100$233.2K0.04%−100−8.3%Reduced
Private Portfolio Partners LLC1,100$233.2K0.06%00.0%Unchanged
Sherbrooke Park Advisers LLC1,100$233.2K0.35%+1,100New
Allstate Corp1,108$234.9K0.02%−8,225−88.1%Reduced
Tradition Wealth Management, LLC1,107$235.0K0.03%+193+21.1%Added
Measured Wealth Private Client Group, LLC1,112$235.7K0.09%00.0%Unchanged
LGT Financial Advisors LLC1,125$238.5K0.44%00.0%Unchanged
New England Research & Management, Inc.1,125$239.0K0.14%−25−2.2%Reduced
Pallas Capital Advisors LLC1,130$239.4K0.02%−336−22.9%Reduced
Fee-Only Financial Planning, L.C.1,134$240.4K0.20%−449−28.4%Reduced
Applied Finance Capital Management, LLC1,137$241.0K0.03%+139+13.9%Added