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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
Dana Investment Advisors, Inc.56,269$11.9M0.61%−45,012−44.4%Reduced
Ensign Peak Advisors, Inc55,654$11.8M0.03%−152,836−73.3%Reduced
IFM Investors Pty Ltd55,559$11.8M0.18%+1,088+2.0%Added
Caisse de Depot Et Placement du Quebec53,551$11.4M0.03%+47,100+730.1%Added
USS Investment Management Ltd52,888$11.2M0.15%+480+0.9%Added
Tudor Investment Corp Et Al52,155$11.1M0.21%+52,155New
Mariner, LLC51,972$11.0M0.03%−52,888−50.4%Reduced
Glenmede Trust Co NA51,118$10.8M0.06%−6,632−11.5%Reduced
Vontobel Holding Ltd.50,365$10.7M0.10%+14,495+40.4%Added
QVT Financial LP50,003$10.6M0.62%+50,003New
HRT Financial LP49,775$10.6M0.13%+49,775New
Dillon & Associates Inc48,724$10.3M2.05%+210+0.4%Added
Neville Rodie & Shaw Inc48,630$10.3M0.93%−2,975−5.8%Reduced
Skylands Capital, LLC48,270$10.2M1.50%+4,900+11.3%Added
Blair William & Co47,808$10.1M0.04%−4,892−9.3%Reduced
Texas Permanent School Fund47,489$10.1M0.10%+14,595+44.4%Added
Bryn Mawr Trust Co47,265$10.0M0.44%+628+1.3%Added
M. Kraus & Co46,958$9.96M3.51%+662+1.4%Added
Point72 Middle East FZE46,785$9.92M0.56%+44,660+2,101.6%Added
Cambridge Investment Research Advisors, Inc.46,603$9.88M0.05%−1,117−2.3%Reduced
Kovitz Investment Group Partners, LLC46,522$9.86M0.17%+513+1.1%Added
ING Groep NV46,412$9.84M0.10%+24,149+108.5%Added
Mastrapasqua Asset Management Inc45,991$9.75M1.20%+1,381+3.1%Added
State of Alaska, Department of Revenue45,714$9.69M0.11%−940−2.0%Reduced
APG Asset Management N.V.49,389$9.64M0.02%+9,886+25.0%Added
Geneos Wealth Management Inc.45,380$9.62M0.58%+29+0.1%Added
Linscomb & Williams, Inc.45,189$9.58M0.50%−1,198−2.6%Reduced
Heritage Investors Management Corp44,571$9.45M0.40%−591−1.3%Reduced
Natixis44,432$9.42M0.09%+44,432New
Pittenger & Anderson Inc44,212$9.37M0.48%−3,693−7.7%Reduced
Saybrook Capital43,398$9.20M2.93%−1,290−2.9%Reduced
Calamos Advisors LLC43,377$9.20M0.05%−5,424−11.1%Reduced
Swiss Life Asset Management Ltd42,995$9.11M0.14%+13,890+47.7%Added
Forsta Ap-Fonden41,600$8.82M0.10%−5,800−12.2%Reduced
Skandinaviska Enskilda Banken AB (publ)41,582$8.81M0.06%−21,694−34.3%Reduced
Commerce Bank40,718$8.63M0.07%−463−1.1%Reduced
Utah Retirement Systems40,458$8.58M0.12%−600−1.5%Reduced
ProShare Advisors LLC40,430$8.57M0.03%+4,211+11.6%Added
CIBC Asset Management Inc40,409$8.57M0.03%+106+0.3%Added
BTC Capital Management, Inc.40,278$8.53M0.98%+1,101+2.8%Added
Two Sigma Securities, LLC38,495$8.16M0.68%+34,428+846.5%Added
Zurcher Kantonalbank (Zurich Cantonalbank)38,008$8.06M0.04%+2,303+6.5%Added
Tufton Capital Management37,816$8.02M1.73%−2,463−6.1%Reduced
Mercer Global Advisors Inc37,754$8.00M0.04%−2,160−5.4%Reduced
Cetera Advisor Networks LLC37,633$7.98M0.06%−92−0.2%Reduced
Man Group plc–$7.96M0.03%––
Yousif Capital Management, LLC37,534$7.96M0.10%−1,908−4.8%Reduced
Quantbot Technologies LP37,026$7.85M0.56%+37,026New
State of Tennessee, Treasury Department36,803$7.80M0.03%+1,208+3.4%Added
HITE Hedge Asset Management LLC36,220$7.68M0.57%+36,220New
Van Eck Associates Corp35,951$7.62M0.02%+2,665+8.0%Added
New York Life Investment Management LLC35,844$7.60M0.08%−570−1.6%Reduced
Westpac Banking Corp35,535$7.53M0.10%−31,329−46.9%Reduced
Cohen Klingenstein LLC35,500$7.53M0.35%00.0%Unchanged
Lafayette Investments, Inc.35,444$7.51M2.08%−299−0.8%Reduced
Eliot Finkel Investment Counsel, LLC35,280$7.48M4.77%−40−0.1%Reduced
Janus Henderson Group PLC35,147$7.44M0.00%+1,778+5.3%Added
1st Source Bank34,616$7.34M0.49%−874−2.5%Reduced
Worldquant Millennium Advisors LLC33,972$7.20M0.13%+33,972New
Baker Chad R33,906$7.19M1.83%00.0%Unchanged
Klingenstein Fields & Co LP33,641$7.13M0.36%−235−0.7%Reduced
Johnson Investment Counsel Inc33,581$7.12M0.09%−10,683−24.1%Reduced
Jump Financial, LLC32,888$6.97M0.28%+32,888New
Varma Mutual Pension Insurance Co32,874$6.97M0.09%−32,126−49.4%Reduced
Mutual of America Capital Management LLC32,657$6.92M0.08%−474−1.4%Reduced
Moors & Cabot, Inc.32,585$6.91M0.47%−1,645−4.8%Reduced
Trust Co of Toledo NA32,311$6.85M1.22%−1,385−4.1%Reduced
Cornerstone Advisors, LLC32,000$6.78M0.31%00.0%Unchanged
Huntington National Bank31,091$6.59M0.07%−1,109−3.4%Reduced
Brinker Capital Investments, LLC30,800$6.53M0.08%+1,092+3.7%Added
Orion Portfolio Solutions, LLC30,800$6.53M0.08%+28,140+1,057.9%Added
Gulf International Bank (UK) Ltd30,459$6.46M0.13%−9,182−23.2%Reduced
Burns J W & Co Inc30,407$6.45M1.10%−791−2.5%Reduced
Waycross Partners, LLC29,779$6.31M1.83%+5,476+22.5%Added
Northwestern Mutual Wealth Management Co29,743$6.31M0.01%−16−0.1%Reduced
BFSG, LLC29,364$6.22M1.15%−77−0.3%Reduced
Private Advisor Group, LLC29,309$6.21M0.06%−1,872−6.0%Reduced
Guggenheim Capital LLC29,305$6.21M0.05%+10,152+53.0%Added
Banco Bilbao Vizcaya Argentaria, S.A.29,237$6.20M0.08%−1,759−5.7%Reduced
Investment House LLC29,083$6.17M0.51%−150−0.5%Reduced
KBC Group NV28,480$6.04M0.03%+9,773+52.2%Added
Country Club Bank28,627$5.98M0.49%+2,319+8.8%Added
PGGM Investments28,174$5.97M0.10%−2,975−9.6%Reduced
Gotham Asset Management, LLC28,164$5.97M0.14%+6,505+30.0%Added
Xponance, Inc.28,109$5.96M0.09%+854+3.1%Added
Kornitzer Capital Management Inc28,045$5.95M0.12%−34−0.1%Reduced
Ilmarinen Mutual Pension Insurance Co28,000$5.94M0.08%00.0%Unchanged
CIBC World Markets Inc.27,781$5.89M0.02%−1,692−5.7%Reduced
Trust Co of Vermont27,295$5.79M0.40%−2,467−8.3%Reduced
Gateway Investment Advisers LLC27,232$5.77M0.07%−1,661−5.7%Reduced
Occudo Quantitative Strategies LP27,188$5.76M0.52%+27,188New
Soros Fund Management LLCSuperinvestorSoros Fund Management27,075$5.74M0.11%+27,075New
Rockefeller Capital Management L.P.27,029$5.73M0.02%+2,554+10.4%Added
Buckhead Capital Management LLC26,900$5.70M1.34%00.0%Unchanged
TD Waterhouse Canada Inc.25,647$5.70M0.06%−7,894−23.5%Reduced
Czech National Bank26,834$5.69M0.14%−265−1.0%Reduced
Pettyjohn, Wood & White, Inc26,684$5.66M1.38%−223−0.8%Reduced
Estabrook Capital Management26,548$5.63M0.98%−4,847−15.4%Reduced
Nissay Asset Management Corp26,347$5.59M0.05%−1,620−5.8%Reduced
Bokf, NA26,334$5.58M0.12%−5,002−16.0%Reduced