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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
Mitsubishi UFJ Kokusai Asset Management Co., Ltd.181,567$38.5M0.09%+13,694+8.2%Added
Aristotle Atlantic Partners, LLC176,530$37.4M1.92%−5,809−3.2%Reduced
Commonwealth of Pennsylvania Public School Empls Retrmt Sys172,356$36.5M0.31%−9,494−5.2%Reduced
Mitsubishi UFJ Trust & Banking Corp171,206$36.3M0.09%−51,241−23.0%Reduced
Fifth Third Bancorp163,636$34.7M0.16%−19,912−10.8%Reduced
Whittier Trust Co162,449$34.4M0.63%+3,185+2.0%Added
LPL Financial LLC161,316$34.2M0.03%+10,267+6.8%Added
Manufacturers Life Insurance Company, The160,668$34.1M0.02%−9,481−5.6%Reduced
Weiss Multi-Strategy Advisers LLC160,600$34.0M0.83%+160,600New
Capital Fund Management S.A.158,697$33.6M0.66%+124,415+362.9%Added
M&T Bank Corp157,421$33.4M0.13%−7,984−4.8%Reduced
Neuberger Berman Group LLC153,496$32.5M0.03%−11,573−7.0%Reduced
Susquehanna International Group, LLP152,463$32.3M0.05%+43,582+40.0%Added
First Republic Investment Management, Inc.149,409$31.7M0.07%+13,590+10.0%Added
Cerity Partners LLC133,784$31.2M0.14%+23,109+20.9%Added
Keybank National Association143,366$30.4M0.14%−5,904−4.0%Reduced
Stifel Financial Corp140,210$29.7M0.04%−12,475−8.2%Reduced
Chevy Chase Trust Holdings, Inc.140,142$29.7M0.12%−847−0.6%Reduced
CI Private Wealth, LLC139,864$29.6M0.08%+111,294+389.5%Added
Scopia Capital Management LP139,570$29.6M3.07%+139,570New
Berkshire Asset Management LLC139,145$29.5M1.82%−837−0.6%Reduced
Janney Montgomery Scott LLC138,951$29.5M0.12%+36,625+35.8%Added
Captrust Financial Advisors137,958$29.2M0.13%−2,459−1.8%Reduced
Baird Financial Group, Inc.136,997$29.0M0.07%−23,452−14.6%Reduced
Quadrature Capital Ltd134,928$28.6M0.78%+131,557+3,902.6%Added
State of New Jersey Common Pension Fund D134,845$28.6M0.10%−1,748−1.3%Reduced
HighTower Advisors, LLC134,227$28.4M0.06%+1,307+1.0%Added
Public Employees Retirement System of Ohio133,872$28.4M0.12%−4,889−3.5%Reduced
State of Wisconsin Investment Board129,024$27.4M0.08%+6,048+4.9%Added
Aviva PLC128,550$27.3M0.12%+17,010+15.3%Added
BI Asset Management Fondsmaeglerselskab A/S127,492$27.0M0.72%+34,564+37.2%Added
Allianz Asset Management GmbH126,849$26.9M0.06%+53,504+72.9%Added
Primecap Management Co126,300$26.8M0.02%+38,600+44.0%Added
Commonwealth Equity Services, LLC122,792$26.0M0.06%+6,530+5.6%Added
Mn Services Vermogensbeheer B.V.119,260$25.3M0.26%+4,700+4.1%Added
DekaBank Deutsche Girozentrale116,632$24.3M0.06%+33,780+40.8%Added
Manning & Napier Group, LLC113,251$24.0M0.28%−238,459−67.8%Reduced
Raymond James Financial Services Advisors, Inc.112,967$23.9M0.05%−11,331−9.1%Reduced
Toronto Dominion Bank112,635$23.9M0.04%−13,876−11.0%Reduced
Jane Street Group, LLC111,211$23.6M0.04%+61,233+122.5%Added
Pictet Asset Management SA110,589$23.4M0.03%+1,789+1.6%Added
D. E. Shaw & Co., Inc.107,105$22.7M0.04%+68,773+179.4%Added
Natixis Advisors, L.P.106,714$22.6M0.08%−33,878−24.1%Reduced
Buckingham Strategic Wealth, LLC91,720$22.6M0.41%00.0%Unchanged
Asset Management One Co.,Ltd.103,427$21.9M0.10%+396+0.4%Added
Victory Capital Management Inc102,410$21.7M0.02%−5,169−4.8%Reduced
Canada Pension Plan Investment Board101,985$21.6M0.03%+39,375+62.9%Added
Symmetry Investments LP101,183$21.5M10.24%+101,183New
Eagle Ridge Investment Management101,033$21.4M2.41%+52,218+107.0%Added
Hyman Charles D99,826$21.2M1.41%−1,395−1.4%Reduced
Treasurer of the State of North Carolina99,460$21.1M0.12%−2,670−2.6%Reduced
Nisa Investment Advisors, LLC98,946$21.0M0.16%+894+0.9%Added
Waters Parkerson & Co., LLC97,994$20.8M1.23%−223−0.2%Reduced
ExodusPoint Capital Management, LP97,640$20.7M0.24%+97,640New
Voya Investment Management LLC93,983$19.9M0.02%−29,997−24.2%Reduced
Schroder Investment Management Group91,682$19.4M0.03%−55,336−37.6%Reduced
Los Angeles Capital Management LLC89,832$19.0M0.08%−137,200−60.4%Reduced
Glenview Trust Co88,887$18.8M0.56%+891+1.0%Added
Bartlett & Co. Wealth Management LLC87,856$18.6M0.36%−282−0.3%Reduced
Alberta Investment Management Corp87,534$18.6M0.18%+5,424+6.6%Added
Bartlett & Co. LLC87,856$18.6M0.36%−282−0.3%Reduced
SEI Investments Co86,878$18.4M0.03%−63,052−42.1%Reduced
Handelsbanken Fonder AB86,717$18.4M0.11%−16,875−16.3%Reduced
BNP PARIBAS ASSET MANAGEMENT Holding S.A.85,714$18.2M0.06%−75,993−47.0%Reduced
AQR Capital Management LLC82,534$17.3M0.04%+8,016+10.8%Added
Pinebridge Investments, L.P.80,547$17.1M0.19%+66,426+470.4%Added
Engineers Gate Manager LP78,343$16.6M0.69%+72,733+1,296.5%Added
Earnest Partners LLC77,846$16.5M0.10%00.0%Unchanged
TD Asset Management Inc77,256$16.4M0.02%−497−0.6%Reduced
Royal London Asset Management Ltd76,627$16.2M0.07%+1,144+1.5%Added
STRS Ohio75,305$16.0M0.07%+100.0%Added
Richard C. Young & CO., LTD.72,533$15.4M2.12%−2,190−2.9%Reduced
National Mutual Insurance Federation of Agricultural Cooperatives72,400$15.3M0.19%00.0%Unchanged
Bank of Nova Scotia69,902$14.8M0.04%+48,116+220.9%Added
Whittier Trust Co of Nevada Inc69,855$14.8M0.54%+1,677+2.5%Added
Lowe Brockenbrough & Co Inc69,835$14.8M1.20%+2,339+3.5%Added
Connor, Clark & Lunn Investment Management Ltd.68,945$14.6M0.08%+68,945New
AMF Pensionsforsakring AB68,809$14.6M0.15%00.0%Unchanged
NorthCrest Asset Manangement, LLC68,087$14.4M0.60%+963+1.4%Added
Brown Advisory Inc66,628$14.1M0.02%−4,125−5.8%Reduced
Creative Planning64,671$13.7M0.02%−3,922−5.7%Reduced
DnB Asset Management AS64,337$13.6M0.09%−425−0.7%Reduced
Teacher Retirement System of Texas63,762$13.5M0.09%+6,893+12.1%Added
Arizona State Retirement System63,214$13.4M0.12%−783−1.2%Reduced
State of Michigan Retirement System62,590$13.3M0.09%−300−0.5%Reduced
Advisor Group Holdings, Inc.61,380$13.0M0.02%−14,567−19.2%Reduced
Brandywine Global Investment Management, LLC60,932$12.9M0.10%+60,932New
Amalgamated Bank60,503$12.8M0.11%+86+0.1%Added
Regions Financial Corp60,238$12.8M0.11%−1,832−3.0%Reduced
Polar Capital Holdings Plc60,206$12.8M0.09%−775−1.3%Reduced
Davidson Investment Advisors60,165$12.8M0.84%+12,384+25.9%Added
Core Alternative Capital59,583$12.6M1.69%−2,710−4.4%Reduced
Perpetual Ltd59,552$12.6M0.11%+59,552New
American International Group, Inc.59,536$12.6M0.08%−12,559−17.4%Reduced
Macquarie Group Ltd59,388$12.6M0.01%−182,881−75.5%Reduced
Kanawha Capital Management LLC59,126$12.5M1.20%+345+0.6%Added
MetLife Investment Management58,776$12.5M0.09%−1,678−2.8%Reduced
Nomura Asset Management Co Ltd58,528$12.4M0.07%+1,194+2.1%Added
Schonfeld Strategic Advisors LLC57,590$12.2M0.12%+41,369+255.0%Added
Fjarde Ap-Fonden /Fourth Swedish National Pension Fund56,977$12.1M0.16%+38,200+203.4%Added