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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 $53.7B in total; superinvestors Third Point and Markel Group hold it.

13F holders, Q2 2023

Institutional positions in Norfolk Southern Corp as of Jun 30, 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
1,529
+41 vs. Q1 2023
Shares held
167.6M
+660.1K (+0.4%) vs. Q1 2023
Total value
$37.9B
+$2.58B (+7.3%) vs. Q1 2023
New holders
123
481 more added
Sold out
82
568 more reduced

12 institutions that held it in Q1 2023 haven't filed for Q2 2023 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q1 2023: 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 holdersQ2 2023: 1,529 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: 1,590 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 heldQ2 2023: $38.1B
Q1 2021: $49.7BQ2 2021: $48.2BQ3 2021: $42.6BQ4 2021: $52.9BQ1 2022: $50.4BQ2 2022: $39.6BQ3 2022: $36.1BQ4 2022: $41.9BQ1 2023: $35.6BQ2 2023: $38.1BQ3 2023: $33.3BQ4 2023: $44.0BQ1 2024: $46.8BQ2 2024: $38.4BQ3 2024: $44.4BQ4 2024: $41.0BQ1 2025: $41.3BQ2 2025: $45.3BQ3 2025: $52.3BQ4 2025: $50.0BQ1 2026: $48.2BQ2 2026: $53.7B
Institutions holding NSC and their total value by quarter
QuarterHoldersValue
Q2 20261,869$53.7B
Q1 20261,841$48.2B
Q4 20251,852$50.0B
Q3 20251,801$52.3B
Q2 20251,693$45.3B
Q1 20251,656$41.3B
Q4 20241,686$41.0B
Q3 20241,612$44.4B
Q2 20241,565$38.4B
Q1 20241,628$46.8B
Q4 20231,585$44.0B
Q3 20231,444$33.3B
Q2 20231,529$38.1B
Q1 20231,500$35.6B
Q4 20221,590$41.9B
Q3 20221,501$36.1B
Q2 20221,543$39.6B
Q1 20221,646$50.4B
Q4 20211,644$52.9B
Q3 20211,494$42.6B
Q2 20211,546$48.2B
Q1 20211,514$49.7B

Institutions, Q2 2023

Shares, value and share of portfolio for each institution holding Norfolk Southern Corp; share changes are against Q1 2023.

Institutions holding NSC in Q2 2023
InstitutionSharesValue% of portfolioChange in sharesAction
Vanguard Group Inc18,495,134$4.19B0.10%+15,065+0.1%Added
BlackRock Inc.15,860,404$3.60B0.10%+465,902+3.0%Added
JPMorgan Chase & Co12,385,268$2.81B0.32%+1,660,079+15.5%Added
State Street Corp9,216,388$2.09B0.11%−7,387−0.1%Reduced
Lazard Asset Management LLC8,365,299$1.90B2.33%−141,198−1.7%Reduced
Capital World Investors5,503,759$1.25B0.24%−91,457−1.6%Reduced
Price T Rowe Associates Inc5,054,150$1.15B0.16%+2,499,480+97.8%Added
Dodge & Cox4,306,139$976.5M0.65%+4,302,589+121,199.7%Added
Geode Capital Management, LLC4,199,696$949.5M0.11%+86,988+2.1%Added
Wells Fargo & Company4,180,990$948.1M0.28%+121,200+3.0%Added
Northern Trust Corp3,047,153$691.0M0.13%−157,347−4.9%Reduced
Bank of America Corp2,588,873$587.1M0.07%−127,919−4.7%Reduced
Norges Bank2,422,745$549.4M0.11%+144,823+6.4%Added
Morgan Stanley2,312,285$524.3M0.05%−89,364−3.7%Reduced
FIL Ltd2,120,585$480.9M0.54%+2,959+0.1%Added
Dimensional Fund Advisors LP2,110,529$478.6M0.15%−124,087−5.6%Reduced
Legal & General Group Plc2,054,383$465.9M0.15%−2,344−0.1%Reduced
Franklin Resources Inc1,972,559$447.3M0.21%−54,083−2.7%Reduced
Bank of New York Mellon Corp1,952,283$442.7M0.09%−58,270−2.9%Reduced
American Century Companies Inc1,611,137$365.3M0.28%+48,201+3.1%Added
London Co of Virginia1,399,700$317.4M1.80%−24,805−1.7%Reduced
Two Sigma Advisers, LP1,374,100$311.6M0.79%+595,900+76.6%Added
Charles Schwab Investment Management Inc1,235,490$280.2M0.08%+4,598+0.4%Added
ATLAS Infrastructure Partners (UK) Ltd.1,056,924$239.7M19.99%+452,838+75.0%Added
Goldman Sachs Group Inc1,055,440$239.3M0.06%+4,109+0.4%Added
Boston Partners1,021,165$231.6M0.31%+6,593+0.6%Added
Magellan Asset Management Ltd979,897$222.2M1.98%−55,490−5.4%Reduced
Citadel Advisors LLC956,239$216.8M0.24%−703,711−42.4%Reduced
Alliancebernstein L.P.943,528$214.0M0.09%+95,532+11.3%Added
Two Sigma Investments, LP851,879$193.2M0.52%+264,037+44.9%Added
Fisher Asset Management, LLC833,564$189.0M0.10%+24,910+3.1%Added
Swiss National Bank822,100$186.4M0.13%−96,700−10.5%Reduced
UBS Asset Management Americas Inc827,825$175.5M0.08%00.0%Unchanged
Invesco Ltd.762,958$173.0M0.05%+34,631+4.8%Added
Nuveen Asset Management, LLC759,736$172.3M0.06%−12,072−1.6%Reduced
Balyasny Asset Management LLC735,478$166.8M0.47%−232,172−24.0%Reduced
Anomaly Capital Management, LP713,710$161.8M6.25%+182,955+34.5%Added
UBS Group AG711,039$161.2M0.07%+117,619+19.8%Added
Amundi650,758$148.9M0.08%−84,327−11.5%Reduced
Marshall Wace, LLP599,434$135.9M0.29%+63,606+11.9%Added
Cincinnati Financial Corp587,687$133.3M3.05%00.0%Unchanged
Sumitomo Mitsui Trust Holdings, Inc.584,939$132.6M0.10%−89,409−13.3%Reduced
Deutsche Bank AG584,603$132.6M0.07%−177,956−23.3%Reduced
Lord, Abbett & Co. LLC582,044$132.0M0.45%+894+0.2%Added
Arrowstreet Capital, Limited Partnership576,026$130.6M0.16%−122,156−17.5%Reduced
Mirae Asset Global Investments Co., Ltd.563,779$127.8M0.27%+46,507+9.0%Added
Cohen & Steers, Inc.559,289$126.8M0.27%+257,508+85.3%Added
Point72 Asset Management, L.P.556,233$126.1M0.44%−170,412−23.5%Reduced
Ameriprise Financial Inc546,642$124.0M0.04%+118,887+27.8%Added
FMR LLC531,564$120.5M0.01%+142,746+36.7%Added
Nordea Investment Management AB527,114$118.9M0.16%−33,798−6.0%Reduced
Rhumbline Advisers494,421$112.1M0.13%+3,932+0.8%Added
Public Employees Retirement Association of Colorado467,677$106.0M0.50%−603−0.1%Reduced
The PNC Financial Services Group, Inc.429,664$97.4M0.08%−16,319−3.7%Reduced
California Public Employees Retirement System426,967$96.8M0.08%−14,332−3.2%Reduced
National Pension Service413,297$93.4M0.15%+12,444+3.1%Added
Davenport & Co LLC405,500$91.9M0.69%−2,659−0.7%Reduced
Barclays PLC392,005$88.9M0.06%−23,973−5.8%Reduced
California State Teachers Retirement System377,708$85.6M0.12%−12,756−3.3%Reduced
New York State Common Retirement Fund376,300$85.3M0.11%−15,888−4.1%Reduced
Capital International Investors375,560$85.1M0.02%−5,339,939−93.4%Reduced
First Trust Advisors LP362,764$82.3M0.09%−761,781−67.7%Reduced
Raymond James & Associates358,250$81.2M0.07%+38,887+12.2%Added
Credit Suisse AG347,939$78.9M0.08%−164,852−32.1%Reduced
Royal Bank of Canada347,882$78.9M0.02%+38,254+12.4%Added
Bank of Nova Scotia327,277$74.2M0.19%+257,375+368.2%Added
Standard Life Aberdeen plc311,803$70.7M0.16%+10,005+3.3%Added
Wilbanks Smith & Thomas Asset Management LLC305,565$69.3M2.29%−40,102−11.6%Reduced
HSBC Holdings PLC300,054$68.0M0.07%+54,509+22.2%Added
Swedbank AB299,744$68.0M0.12%−43,498−12.7%Reduced
Rokos Capital Management LLP295,721$66.7M1.34%+295,721New
Assenagon Asset Management S.A.290,633$65.9M0.26%+5,848+2.1%Added
EdgePoint Investment Group Inc.290,000$65.8M0.59%+290,000New
Cincinnati Insurance Co264,400$60.0M1.14%00.0%Unchanged
Principal Financial Group Inc257,009$58.3M0.04%−5,776−2.2%Reduced
Saturna Capital CORP252,495$57.3M0.99%−3,245−1.3%Reduced
Bank of Montreal250,160$56.8M0.02%+24,724+11.0%Added
State Board of Administration of Florida Retirement System249,224$56.5M0.13%−9,579−3.7%Reduced
Envestnet Asset Management Inc242,336$55.0M0.02%+14,005+6.1%Added
Truist Financial Corp239,302$54.3M0.09%−3,284−1.4%Reduced
Zimmer Partners, LP235,000$53.3M1.33%+16,800+7.7%Added
Primecap Management Co231,100$52.4M0.04%+104,800+83.0%Added
Markel Group Inc.SuperinvestorMarkel Group229,500$52.0M0.62%00.0%Unchanged
Korea Investment CORP228,253$51.8M0.15%+11,190+5.2%Added
Adage Capital Partners GP, L.L.C.226,806$51.4M0.11%−1,261−0.6%Reduced
Reaves W H & Co Inc225,100$51.0M1.88%00.0%Unchanged
Aristotle Atlantic Partners, LLC218,697$49.6M1.87%+42,167+23.9%Added
New York State Teachers Retirement System217,603$49.3M0.11%−21,037−8.8%Reduced
US Bancorp211,580$48.0M0.08%−4,637−2.1%Reduced
Prudential Financial Inc208,701$47.3M0.07%+6,088+3.0%Added
BNP Paribas Arbitrage, SA206,593$46.8M0.09%−219,518−51.5%Reduced
Brandywine Global Investment Management, LLC194,343$44.1M0.37%+133,411+219.0%Added
Mitsubishi UFJ Kokusai Asset Management Co., Ltd.194,270$44.1M0.09%+12,703+7.0%Added
Russell Investments Group, Ltd.191,307$43.4M0.08%−34,565−15.3%Reduced
Commonwealth of Pennsylvania Public School Empls Retrmt Sys186,250$42.2M0.33%+13,894+8.1%Added
Renaissance Technologies LLC182,900$41.5M0.06%−279,000−60.4%Reduced
Retirement Systems of Alabama176,340$40.0M0.18%−15,588−8.1%Reduced
Mitsubishi UFJ Trust & Banking Corp173,039$39.2M0.09%+1,833+1.1%Added
LPL Financial LLC170,532$38.7M0.03%+9,216+5.7%Added
Capital Group Private Client Services, Inc.169,874$38.5M0.45%−74,789−30.6%Reduced