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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, 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: 1,592 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 heldQ2 2023: $37.9B
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, 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
Fjarde Ap-Fonden /Fourth Swedish National Pension Fund55,177$12.5M0.15%−1,800−3.2%Reduced
ING Groep NV54,423$12.3M0.09%+8,011+17.3%Added
USS Investment Management Ltd52,888$12.0M0.14%00.0%Unchanged
Core Alternative Capital52,129$11.8M1.73%−7,454−12.5%Reduced
Connor, Clark & Lunn Investment Management Ltd.51,594$11.7M0.06%−17,351−25.2%Reduced
Capital Fund Management S.A.51,573$11.7M0.18%−107,124−67.5%Reduced
Duff & Phelps Investment Management Co51,102$11.6M0.14%+51,102New
Vontobel Holding Ltd.50,161$11.4M0.10%−204−0.4%Reduced
Neville Rodie & Shaw Inc48,430$11.0M0.95%−200−0.4%Reduced
Pittenger & Anderson Inc48,199$10.9M0.53%+3,987+9.0%Added
M. Kraus & Co48,120$10.9M3.67%+1,162+2.5%Added
Skylands Capital, LLC47,960$10.9M1.56%−310−0.6%Reduced
Glenmede Trust Co NA51,118$10.8M0.06%00.0%Unchanged
Texas Permanent School Fund47,724$10.8M0.10%+235+0.5%Added
Bryn Mawr Trust Co46,681$10.6M0.44%−584−1.2%Reduced
Dillon & Associates Inc45,866$10.4M1.92%−2,858−5.9%Reduced
Mastrapasqua Asset Management Inc45,852$10.4M1.17%−139−0.3%Reduced
Polar Capital Holdings Plc45,639$10.3M0.07%−14,567−24.2%Reduced
Kovitz Investment Group Partners, LLC45,607$10.3M0.15%−915−2.0%Reduced
Heritage Investors Management Corp44,380$10.1M0.40%−191−0.4%Reduced
Natixis44,188$10.0M0.09%−244−0.5%Reduced
Blair William & Co43,851$9.94M0.04%−3,957−8.3%Reduced
Skandinaviska Enskilda Banken AB (publ)43,691$9.91M0.06%+2,109+5.1%Added
Saybrook Capital43,673$9.90M2.94%+275+0.6%Added
Edge Capital Group, LLC43,619$9.89M0.57%+40,150+1,157.4%Added
Weiss Multi-Strategy Advisers LLC43,608$9.89M0.21%−116,992−72.8%Reduced
Cambridge Investment Research Advisors, Inc.43,500$9.86M0.04%−3,103−6.7%Reduced
Calamos Advisors LLC43,377$9.84M0.05%00.0%Unchanged
State of Alaska, Department of Revenue43,268$9.81M0.12%−2,446−5.4%Reduced
Linscomb & Williams, Inc.43,257$9.81M0.53%−1,932−4.3%Reduced
Janus Henderson Group PLC43,148$9.78M0.01%+8,001+22.8%Added
Bridgewater Associates, LP42,135$9.55M0.06%+28,218+202.8%Added
Two Sigma Securities, LLC41,609$9.44M0.77%+3,114+8.1%Added
ProShare Advisors LLC40,335$9.15M0.03%−95−0.2%Reduced
Brookfield Asset Management Inc.40,162$9.11M0.04%+38,933+3,167.9%Added
Cresset Asset Management, LLC39,985$9.07M0.06%+34,342+608.6%Added
CIBC Asset Management Inc39,983$9.07M0.04%−426−1.1%Reduced
Forsta Ap-Fonden39,500$8.96M0.10%−2,100−5.0%Reduced
Commerce Bank39,347$8.92M0.07%−1,371−3.4%Reduced
BTC Capital Management, Inc.39,093$8.87M0.96%−1,185−2.9%Reduced
Utah Retirement Systems39,058$8.86M0.12%−1,400−3.5%Reduced
Mercer Global Advisors Inc38,688$8.77M0.03%+934+2.5%Added
Waycross Partners, LLC38,116$8.64M1.88%+8,337+28.0%Added
Zurcher Kantonalbank (Zurich Cantonalbank)38,008$8.62M0.04%00.0%Unchanged
Yousif Capital Management, LLC37,879$8.59M0.10%+345+0.9%Added
Cetera Advisor Networks LLC37,615$8.53M0.06%−180.0%Reduced
Tufton Capital Management37,168$8.43M1.82%−648−1.7%Reduced
State of Tennessee, Treasury Department36,803$8.35M0.03%00.0%Unchanged
Van Eck Associates Corp36,441$8.26M0.02%+490+1.4%Added
Eliot Finkel Investment Counsel, LLC36,055$8.18M5.19%+775+2.2%Added
Swiss Life Asset Management Ltd35,630$8.08M0.12%−7,365−17.1%Reduced
Cohen Klingenstein LLC35,500$8.05M0.35%00.0%Unchanged
Lafayette Investments, Inc.35,327$8.01M2.10%−117−0.3%Reduced
Twin Tree Management, LP35,205$7.98M0.16%+35,205New
Federation des caisses Desjardins du Quebec35,177$7.98M0.08%+33,780+2,418.0%Added
Tredje AP-fonden34,873$7.91M0.11%+8,680+33.1%Added
Baker Chad R33,906$7.69M1.82%00.0%Unchanged
Klingenstein Fields & Co LP33,576$7.61M0.35%−65−0.2%Reduced
1st Source Bank33,416$7.58M0.49%−1,200−3.5%Reduced
CIBC Private Wealth Group, LLC33,344$7.56M0.02%−564−1.7%Reduced
Crestline Management, LP33,148$7.52M0.82%+33,148New
Mutual of America Capital Management LLC32,803$7.44M0.08%+146+0.4%Added
Guggenheim Capital LLC32,456$7.36M0.06%+3,151+10.8%Added
Johnson Investment Counsel Inc32,411$7.35M0.09%−1,170−3.5%Reduced
New York Life Investment Management LLC32,325$7.33M0.08%−3,519−9.8%Reduced
Trust Co of Toledo NA32,165$7.29M1.23%−146−0.5%Reduced
Cornerstone Advisors, LLC32,000$7.26M0.35%00.0%Unchanged
Moors & Cabot, Inc.31,698$7.19M0.48%−887−2.7%Reduced
Brinker Capital Investments, LLC31,930$6.83M0.07%+1,130+3.7%Added
Orion Portfolio Solutions, LLC31,930$6.83M0.07%+1,130+3.7%Added
Huntington National Bank29,779$6.75M0.06%−1,312−4.2%Reduced
Burns J W & Co Inc29,751$6.75M1.08%−656−2.2%Reduced
Rockefeller Capital Management L.P.29,738$6.67M0.03%+2,709+10.0%Added
BFSG, LLC29,313$6.65M1.13%−51−0.2%Reduced
Private Advisor Group, LLC28,960$6.61M0.06%−349−1.2%Reduced
Northwestern Mutual Wealth Management Co28,740$6.52M0.01%−1,003−3.4%Reduced
Investment House LLC28,333$6.42M0.48%−750−2.6%Reduced
APG Asset Management N.V.30,889$6.42M0.01%−18,500−37.5%Reduced
TD Waterhouse Canada Inc.26,441$6.37M0.06%+794+3.1%Added
Banco Bilbao Vizcaya Argentaria, S.A.28,093$6.37M0.08%−1,144−3.9%Reduced
Ilmarinen Mutual Pension Insurance Co28,000$6.35M0.08%00.0%Unchanged
Kornitzer Capital Management Inc27,874$6.32M0.12%−171−0.6%Reduced
Trust Co of Vermont27,832$6.31M0.41%+537+2.0%Added
Xponance, Inc.27,797$6.30M0.08%−312−1.1%Reduced
Gateway Investment Advisers LLC27,068$6.14M0.07%−164−0.6%Reduced
Czech National Bank26,948$6.11M0.14%+114+0.4%Added
Numerai GP LLC26,939$6.11M1.25%+26,939New
Buckhead Capital Management LLC26,900$6.10M1.45%00.0%Unchanged
CIBC World Markets Inc.26,893$6.10M0.02%−888−3.2%Reduced
Baxter Bros Inc26,841$6.09M0.91%+2,885+12.0%Added
Country Club Bank26,896$6.08M0.48%−1,731−6.0%Reduced
Pettyjohn, Wood & White, Inc26,778$6.07M1.42%+94+0.4%Added
CIBC World Markets Corp26,683$6.05M0.05%+15,164+131.6%Added
Estabrook Capital Management26,458$6.00M1.00%−90−0.3%Reduced
Soros Fund Management LLCSuperinvestorSoros Fund Management26,363$5.98M0.13%−712−2.6%Reduced
Bessemer Group Inc26,360$5.98M0.01%+1,661+6.7%Added
Bokf, NA26,152$5.93M0.12%−182−0.7%Reduced
Kerrisdale Advisers, LLC25,668$5.82M1.57%00.0%Unchanged
Nissay Asset Management Corp25,575$5.80M0.05%−772−2.9%Reduced
Synovus Financial Corp25,504$5.78M0.06%+757+3.1%Added