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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
Vawter Financial, Ltd.1,142$242.1K0.25%00.0%Unchanged
Triangle Securities Wealth Management1,143$242.3K0.09%−64−5.3%Reduced
Plancorp, LLC1,143$242.3K0.01%−20−1.7%Reduced
J. W. Coons Advisors, LLC1,150$243.8K0.07%00.0%Unchanged
Empowered Funds, LLC1,151$244.0K0.01%+1,151New
Trinity Financial Advisors LLC1,154$244.7K0.15%+35+3.1%Added
QCM Cayman, Ltd.1,158$245.5K1.54%+1,158New
Holderness Investments Co1,159$245.7K0.10%00.0%Unchanged
Crewe Advisors LLC1,168$247.6K0.04%+97+9.1%Added
PFG Investments, LLC1,171$248.2K0.05%+1,171New
Barnes Pettey Financial Advisors, LLC1,175$249.1K0.24%00.0%Unchanged
Sovereign Financial Group, Inc.1,176$249.3K0.09%00.0%Unchanged
Community Trust & Investment Co1,177$249.5K0.02%00.0%Unchanged
Red Door Wealth Management, LLC1,179$249.9K0.08%+347+41.7%Added
Congress Asset Management Co1,181$250.3K0.00%−54,112−97.9%Reduced
Vance Wealth, Inc.1,188$251.9K0.14%00.0%Unchanged
Cantor Fitzgerald, L. P.1,190$252.3K0.01%00.0%Unchanged
Obermeyer Wood Investment Counsel, LLLP1,196$253.6K0.02%00.0%Unchanged
Ritter Daniher Financial Advisory LLC1,200$254.4K0.11%−100−7.7%Reduced
Cypress Asset Management Inc1,200$254.4K0.09%00.0%Unchanged
Steel Peak Wealth Management LLC1,200$254.4K0.02%+1,200New
Compass Financial Advisors LLC1,207$256.0K0.32%00.0%Unchanged
Foster & Motley Inc1,206$256.0K0.02%−54−4.3%Reduced
Biechele Royce Advisors1,213$257.0K0.10%00.0%Unchanged
Everett Harris & Co1,214$257.4K0.00%00.0%Unchanged
Confluence Wealth Services, Inc.1,215$257.6K0.06%00.0%Unchanged
Jackson, Grant Investment Advisers, Inc.1,221$258.9K0.12%00.0%Unchanged
Manchester Capital Management LLC1,221$258.9K0.03%+354+40.8%Added
Brookfield Asset Management Inc.1,229$260.5K0.00%+1,229New
Atlas Private Wealth Management1,230$260.8K0.16%−4−0.3%Reduced
Miracle Mile Advisors, LLC1,231$261.0K0.01%+113+10.1%Added
Trustmark National Bank Trust Department1,233$261.4K0.02%00.0%Unchanged
Proequities, Inc.1,246$264.1K0.02%−759−37.9%Reduced
Insight Folios Inc1,249$264.7K0.12%+1+0.1%Added
Hazlett, Burt & Watson, Inc.1,246$265.0K0.22%00.0%Unchanged
Sage Mountain Advisors LLC1,250$265.0K0.04%+383+44.2%Added
Harbour Investments, Inc.1,251$265.2K0.01%−220−15.0%Reduced
Compass Ion Advisors, LLC1,261$267.2K0.07%+8+0.6%Added
NinePointTwo Capital1,266$268.0K0.10%+1,266New
Focus Financial Network, Inc.1,269$269.1K0.02%+1+0.1%Added
Stevens Capital Management LP1,275$270.0K0.07%+1,275New
Armstrong Advisory Group, Inc1,274$270.1K0.03%00.0%Unchanged
Smith Chas P & Associates Pa Cpas1,285$272.0K0.02%−12−0.9%Reduced
Corton Capital Inc.1,284$272.2K0.19%+1,284New
Richard W. Paul & Associates, LLC1,288$273.0K0.13%+24+1.9%Added
Baldwin Brothers Inc1,290$273.5K0.02%−12−0.9%Reduced
Spinnaker Trust1,290$273.5K0.02%00.0%Unchanged
Bank of New Hampshire1,290$273.5K0.08%00.0%Unchanged
Desjardins Global Asset Management Inc.1,296$274.0K0.03%+1,296New
Brandywine Oak Private Wealth LLC1,299$275.4K0.03%00.0%Unchanged
Equitable Holdings, Inc.1,299$275.4K0.00%+2+0.2%Added
Baker Ellis Asset Management LLC1,300$275.6K0.05%−300−18.8%Reduced
Dixon Fnancial Services, Inc.1,301$275.8K0.19%−1−0.1%Reduced
Relyea Zuckerberg Hanson LLC1,309$277.5K0.07%−96−6.8%Reduced
Anchor Capital Advisors LLC1,310$277.7K0.01%−20−1.5%Reduced
Resources Management Corp6,400$278.0K0.06%+777+13.8%Added
Asset Dedication, LLC1,317$279.0K0.03%−1−0.1%Reduced
Barnett & Company, Inc.1,318$279.4K0.21%00.0%Unchanged
Cobblestone Capital Advisors LLC1,320$279.8K0.02%00.0%Unchanged
Hendley & Co Inc1,325$281.0K0.13%−300−18.5%Reduced
Pinnacle Wealth Planning Services, Inc.1,327$281.3K0.05%−583−30.5%Reduced
O'Brien Greene & Co. Inc1,337$283.0K0.11%00.0%Unchanged
Joel Isaacson & Co., LLC1,336$283.2K0.02%−117−8.1%Reduced
Capital Advisors Inc1,338$283.7K0.01%+125+10.3%Added
Regent Peak Wealth Advisors LLC1,339$283.9K0.09%−20−1.5%Reduced
Graypoint LLC1,340$284.0K0.03%−555−29.3%Reduced
Beaumont Financial Advisors, LLC1,340$284.1K0.03%−16−1.2%Reduced
Warren Averett Asset Management, LLC1,340$284.2K0.01%−29−2.1%Reduced
Old North State Trust, LLC1,342$285.0K0.20%+6+0.4%Added
Southeast Asset Advisors Inc.1,350$286.3K0.04%+2+0.1%Added
Schwarz Dygos Wheeler Investment Advisors LLC1,355$287.3K0.10%00.0%Unchanged
Schwartz Investment Counsel Inc1,359$288.1K0.01%00.0%Unchanged
Transamerica Financial Advisors, Inc.1,361$289.0K0.04%00.0%Unchanged
Pinnacle Wealth Management Advisory Group, LLC1,367$289.8K0.04%−2,132−60.9%Reduced
Sanders Morris Harris LLC1,375$291.5K0.10%00.0%Unchanged
Folger Nolan Fleming Douglas Capital Management, Inc1,381$293.0K0.03%−150−9.8%Reduced
Lakeview Capital Partners, LLC1,396$293.6K0.09%00.0%Unchanged
Fukoku Mutual Life Insurance Co1,390$294.7K0.03%00.0%Unchanged
Coastline Trust Co1,395$295.7K0.04%00.0%Unchanged
Federation des caisses Desjardins du Quebec1,397$296.2K0.00%−326−18.9%Reduced
LVW Advisors, LLC1,400$296.8K0.06%−604−30.1%Reduced
Chesley Taft & Associates LLC1,400$296.8K0.02%−485−25.7%Reduced
Pine Haven Investment Counsel, Inc1,401$297.1K0.31%00.0%Unchanged
Biltmore Family Office, LLC1,419$300.8K0.06%−3−0.2%Reduced
Douglas Lane & Associates, LLC1,424$301.9K0.01%+91+6.8%Added
KCM Investment Advisors LLC1,425$302.1K0.01%−1,114−43.9%Reduced
Hudson Value Partners, LLC1,425$302.1K0.17%00.0%Unchanged
Belpointe Asset Management LLC1,433$303.8K0.02%+17+1.2%Added
W Advisors, LLC1,434$303.9K0.25%+9+0.6%Added
One Charles Private Wealth Services, LLC1,435$304.1K0.19%−55−3.7%Reduced
Mascoma Wealth Management LLC1,498$304.1K0.09%+1,290+620.2%Added
Graves-Light Private Wealth Management, Inc.1,436$304.4K0.05%00.0%Unchanged
Gsa Capital Partners LLP1,439$305.0K0.03%+292+25.5%Added
V-Square Quantitative Management LLC1,441$305.5K0.28%+1,441New
Signature Estate & Investment Advisors LLC1,447$307.0K0.01%−1−0.1%Reduced
First Foundation Advisors1,455$308.5K0.01%−2−0.1%Reduced
Brighton Jones LLC1,463$310.2K0.02%−599−29.0%Reduced
International Assets Investment Management, LLC1,467$311.0K0.05%−22,385−93.8%Reduced
Arbor Trust Wealth Advisors, LLC1,467$311.0K0.20%−197−11.8%Reduced
McLean Asset Management Corp1,468$311.3K0.13%−59−3.9%Reduced