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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
Bell Bank1,473$312.3K0.03%+5+0.3%Added
Woodard & Co Asset Management Group Inc1,474$312.5K0.11%00.0%Unchanged
Birch Hill Investment Advisors LLC1,474$312.5K0.02%00.0%Unchanged
Greatmark Investment Partners, Inc.1,475$312.7K0.06%−100−6.3%Reduced
D'Orazio & Associates, Inc.1,476$312.9K0.08%+23+1.6%Added
TD Private Client Wealth LLC1,479$313.5K0.01%−44−2.9%Reduced
Pavion Blue Capital, LLC1,480$313.8K0.19%00.0%Unchanged
Lombard Odier Asset Management (Switzerland) SA1,480$313.8K0.03%+293+24.7%Added
Cedrus LLC1,483$314.4K0.22%−4−0.3%Reduced
Americana Partners, LLC1,486$315.0K0.05%−42−2.7%Reduced
Ostrum Asset Management1,486$315.0K0.03%+1,486New
Great Valley Advisor Group, Inc.1,492$316.6K0.01%+47+3.3%Added
Canal Capital Management, LLC1,494$316.7K0.07%+5+0.3%Added
Cornerstone Advisors Asset Management, LLC1,500$318.0K0.16%00.0%Unchanged
MTM Financial Group, LLC1,500$318.0K0.28%00.0%Unchanged
Shelton Capital Management1,503$318.6K0.01%−1−0.1%Reduced
Nebula Research & Development LLC1,508$319.7K0.56%+1,508New
South Street Advisors LLC1,510$320.1K0.07%00.0%Unchanged
Cozad Asset Management Inc1,523$322.9K0.04%+12+0.8%Added
Sentry Investment Management LLC1,528$324.0K0.13%−35−2.2%Reduced
Stony Point Wealth Management Inc.1,532$324.7K0.17%+1+0.1%Added
Oliver Luxxe Assets LLC1,536$325.6K0.09%−100−6.1%Reduced
Chicago Capital, LLC1,541$326.7K0.02%−32−2.0%Reduced
Ellis Investment Partners, LLC1,545$327.6K0.08%+7+0.5%Added
Foundations Investment Advisors, LLC1,548$328.1K0.01%−1,100−41.5%Reduced
Doliver Advisors, LP1,548$328.2K0.10%−80−4.9%Reduced
Centiva Capital, LP1,551$328.8K0.02%+1,551New
Plante Moran Financial Advisors, LLC1,559$330.4K0.05%−77−4.7%Reduced
Hanson & Doremus Investment Management1,567$332.0K0.07%−2,374−60.2%Reduced
BCK Partners, Inc.1,575$333.9K0.22%00.0%Unchanged
Allen Investment Management LLC1,589$336.9K0.01%00.0%Unchanged
David J Yvars Group1,590$337.1K0.30%00.0%Unchanged
Welch & Forbes LLC1,592$337.5K0.01%−287−15.3%Reduced
Stratos Wealth Advisors, LLC1,594$338.1K0.03%−4,291−72.9%Reduced
Congress Wealth Management LLC1,599$339.1K0.01%−44,762−96.6%Reduced
Princeton Global Asset Management LLC1,602$339.7K0.10%00.0%Unchanged
Beech Hill Advisors, Inc.1,604$340.0K0.17%00.0%Unchanged
Fulton Breakefield Broenniman LLC1,607$340.8K0.03%00.0%Unchanged
SRB Corp1,610$341.3K0.02%+1,610New
Stokes Family Office, LLC1,611$341.5K0.04%−508−24.0%Reduced
Campion Asset Management LLC1,615$342.4K0.32%00.0%Unchanged
Nalls Sherbakoff Group, LLC1,655$345.5K0.34%+1,655New
Indiana Trust & Investment Management CO1,641$347.9K0.19%−4−0.2%Reduced
Washington Trust Bank1,650$349.8K0.04%00.0%Unchanged
Hall Capital Management Co Inc1,655$350.9K0.21%−111−6.3%Reduced
O'Brien Wealth Partners LLC1,662$352.3K0.11%−490−22.8%Reduced
Harbor Investment Advisory, LLC1,664$352.8K0.05%00.0%Unchanged
Blue Edge Capital, LLC1,665$353.0K0.08%00.0%Unchanged
Empower Advisory Group, LLC1,707$356.3K0.00%+1,707New
One River Asset Management, LLC1,716$356.4K0.26%−5,874−77.4%Reduced
Financial Advocates Investment Management1,684$357.0K0.03%+855+103.1%Added
Howard Capital Management Group, LLC1,686$357.4K0.04%−87−4.9%Reduced
Howard Financial Services, Ltd.1,688$357.9K0.09%−270−13.8%Reduced
First Interstate Bank1,689$358.1K0.03%−369−17.9%Reduced
American State Bank (Iowa)1,690$358.3K0.26%00.0%Unchanged
Massmutual Trust Co FSB1,692$358.7K0.01%+874+106.8%Added
Raab & Moskowitz Asset Management LLC1,694$359.1K0.13%−60−3.4%Reduced
Transcend Wealth Collective, LLC1,694$359.2K0.04%−24−1.4%Reduced
CWA Asset Management Group, LLC1,697$359.8K0.03%−325−16.1%Reduced
Wilkins Investment Counsel Inc1,700$360.0K0.09%00.0%Unchanged
Running Oak Capital LLC1,699$360.2K0.10%+1,699New
Dudley Capital Management, LLC1,702$360.8K0.25%+297+21.1%Added
TownSquare Capital, LLC1,716$363.7K0.01%+25+1.5%Added
REDW Wealth LLC1,726$365.9K0.12%+1+0.1%Added
Financial Advisory Service, Inc.1,727$366.1K0.04%−3−0.2%Reduced
Fragasso Group Inc.1,728$366.3K0.04%+2+0.1%Added
Altshuler Shaham Ltd1,732$367.2K0.01%+1,732New
TMD Wealth Management, LLC1,735$367.8K0.10%00.0%Unchanged
YHB Investment Advisors, Inc.1,759$372.9K0.04%00.0%Unchanged
Redmond Asset Management, LLC1,764$373.9K0.13%00.0%Unchanged
Credential Qtrade Securities Inc.1,768$374.8K0.02%−5−0.3%Reduced
NEIRG Wealth Management, LLC1,775$376.3K0.07%−133−7.0%Reduced
Blueshift Asset Management, LLC1,796$380.8K0.16%+1,796New
Seven Eight Capital, LP1,797$381.0K0.08%+1,797New
Inspirion Wealth Advisors, LLC1,800$381.6K0.08%00.0%Unchanged
Welch Group, LLC1,803$382.2K0.02%−363−16.8%Reduced
Wolverine Trading, LLC1,840$384.0K0.01%−3,324−64.4%Reduced
CMG Global Holdings, LLC1,816$385.0K0.35%−3−0.2%Reduced
Acadian Asset Management LLC1,824$386.0K0.00%+10+0.6%Added
Formidable Asset Management, LLC1,845$387.0K0.08%−275−13.0%Reduced
ICW Investment Advisors LLC1,829$387.8K0.22%+152+9.1%Added
Ambassador Advisors, LLC1,844$387.9K0.09%+935+102.9%Added
McKinley Carter Wealth Services, Inc.1,831$388.2K0.03%00.0%Unchanged
Waypoint Wealth Partners Inc.1,834$388.8K0.14%−120−6.1%Reduced
Greystone Financial Group, LLC1,839$389.8K0.10%+1,839New
Quadrant Capital Group LLC1,841$390.3K0.04%−606−24.8%Reduced
Regatta Capital Group, LLC1,587$391.1K0.14%00.0%Unchanged
Cadinha & Co LLC1,848$391.8K0.11%−300−14.0%Reduced
Monetary Management Group Inc1,850$392.2K0.12%00.0%Unchanged
Capital Planning Advisors, LLC1,853$392.8K0.08%+96+5.5%Added
Wendell David Associates Inc1,860$394.0K0.05%−75−3.9%Reduced
GW Henssler & Associates Ltd1,859$394.1K0.03%−40−2.1%Reduced
Delta Asset Management LLC1,861$394.5K0.04%−124−6.2%Reduced
Cutter & CO Brokerage, Inc.1,869$396.2K0.12%+1,869New
Fusion Capital, LLC1,870$396.4K0.23%+1,870New
Quantum Private Wealth, LLC1,873$397.0K0.21%00.0%Unchanged
Clearstead Advisors, LLC1,879$398.3K0.03%−1,626−46.4%Reduced
Steigerwald, Gordon & Koch Inc.1,880$398.7K0.06%−98−5.0%Reduced
Oakworth Capital, Inc.1,882$399.0K0.04%00.0%Unchanged
Beaton Management Co. Inc.1,880$399.0K0.27%00.0%Unchanged