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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, Q3 2023

Institutional positions in Norfolk Southern Corp as of Sep 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
1,444
−68 vs. Q2 2023
Shares held
168.0M
+619.8K (+0.4%) vs. Q2 2023
Total value
$33.1B
−$4.78B (−12.6%) vs. Q2 2023
New holders
84
471 more added
Sold out
152
532 more reduced

17 institutions that held it in Q2 2023 haven't filed for Q3 2023 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q2 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 holdersQ3 2023: 1,444 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 heldQ3 2023: $33.1B
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 20221,590$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, Q3 2023

Shares, value and share of portfolio for each institution holding Norfolk Southern Corp; share changes are against Q2 2023.

Institutions holding NSC in Q3 2023
InstitutionSharesValue% of portfolioChange in sharesAction
Vanguard Group Inc18,504,944$3.64B0.09%+9,810+0.1%Added
BlackRock Inc.15,308,328$3.01B0.09%−552,076−3.5%Reduced
JPMorgan Chase & Co12,798,723$2.52B0.29%+413,455+3.3%Added
State Street Corp9,024,649$1.78B0.10%−191,739−2.1%Reduced
Lazard Asset Management LLC8,629,330$1.70B2.31%+264,031+3.2%Added
Dodge & Cox6,422,714$1.26B0.85%+2,116,575+49.2%Added
Price T Rowe Associates Inc5,757,316$1.13B0.17%+703,166+13.9%Added
Geode Capital Management, LLC4,262,927$837.4M0.10%+63,231+1.5%Added
Wells Fargo & Company4,187,710$824.7M0.26%+6,720+0.2%Added
Capital World Investors3,608,688$710.7M0.14%−1,895,071−34.4%Reduced
Bank of America Corp3,142,463$618.8M0.08%+553,590+21.4%Added
Northern Trust Corp3,073,839$605.3M0.12%+26,686+0.9%Added
American Century Companies Inc2,723,398$536.3M0.41%+1,112,261+69.0%Added
Norges Bank2,486,089$489.6M0.10%+63,344+2.6%Added
Morgan Stanley2,385,434$469.8M0.05%+73,149+3.2%Added
Dimensional Fund Advisors LP2,075,972$408.8M0.13%−34,557−1.6%Reduced
Bank of New York Mellon Corp2,001,507$394.2M0.09%+49,224+2.5%Added
Legal & General Group Plc1,980,982$390.1M0.14%−73,401−3.6%Reduced
London Co of Virginia1,976,871$389.3M2.34%+577,171+41.2%Added
Franklin Resources Inc1,916,280$377.4M0.19%−56,279−2.9%Reduced
FIL Ltd1,855,636$365.4M0.43%−264,949−12.5%Reduced
EdgePoint Investment Group Inc.1,704,597$335.7M3.21%+1,414,597+487.8%Added
Charles Schwab Investment Management Inc1,258,552$247.8M0.07%+23,062+1.9%Added
Boston Partners1,140,797$224.6M0.31%+119,632+11.7%Added
Goldman Sachs Group Inc1,083,985$213.5M0.05%+28,545+2.7%Added
Two Sigma Advisers, LP1,070,500$210.8M0.54%−303,600−22.1%Reduced
ATLAS Infrastructure Partners (UK) Ltd.1,057,565$208.3M20.35%+641+0.1%Added
Magellan Asset Management Ltd1,024,809$201.8M2.14%+44,912+4.6%Added
Invesco Ltd.855,161$168.4M0.05%+92,203+12.1%Added
Alliancebernstein L.P.829,619$163.4M0.07%−113,909−12.1%Reduced
Fisher Asset Management, LLC825,247$162.5M0.09%−8,317−1.0%Reduced
UBS Asset Management Americas Inc808,401$159.2M0.07%−19,424−2.3%Reduced
Amundi735,932$147.9M0.07%+85,174+13.1%Added
Swiss National Bank732,200$144.2M0.11%−89,900−10.9%Reduced
UBS Group AG684,372$134.8M0.06%−26,667−3.8%Reduced
Lord, Abbett & Co. LLC670,830$132.1M0.49%+88,786+15.3%Added
Mirae Asset Global Investments Co., Ltd.623,430$122.8M0.27%+59,651+10.6%Added
Marshall Wace, LLP622,050$122.5M0.26%+22,616+3.8%Added
Nuveen Asset Management, LLC588,830$116.0M0.04%−170,906−22.5%Reduced
Cincinnati Financial Corp587,687$115.7M2.79%00.0%Unchanged
Deutsche Bank AG573,815$113.0M0.07%−10,788−1.8%Reduced
Sumitomo Mitsui Trust Holdings, Inc.572,001$112.6M0.09%−12,938−2.2%Reduced
Ameriprise Financial Inc550,611$108.4M0.04%+3,969+0.7%Added
Barclays PLC545,942$107.5M0.07%+153,937+39.3%Added
Massachusetts Financial Services Co524,160$103.2M0.04%+524,160New
Nordea Investment Management AB518,990$103.1M0.14%−8,124−1.5%Reduced
Rhumbline Advisers488,429$96.2M0.11%−5,992−1.2%Reduced
Public Employees Retirement Association of Colorado452,474$89.1M0.46%−15,203−3.3%Reduced
Two Sigma Investments, LP434,402$85.5M0.24%−417,477−49.0%Reduced
National Pension Service430,812$85.4M0.14%+17,515+4.2%Added
California Public Employees Retirement System432,223$85.1M0.07%+5,256+1.2%Added
The PNC Financial Services Group, Inc.424,769$83.6M0.07%−4,895−1.1%Reduced
First Trust Advisors LP405,823$79.9M0.09%+43,059+11.9%Added
Davenport & Co LLC395,365$77.9M0.60%−10,135−2.5%Reduced
Royal Bank of Canada371,356$73.1M0.02%+23,474+6.7%Added
FMR LLC370,200$72.9M0.01%−161,364−30.4%Reduced
California State Teachers Retirement System360,770$71.0M0.11%−16,938−4.5%Reduced
Credit Suisse AG354,408$69.8M0.07%+6,469+1.9%Added
HSBC Holdings PLC351,594$69.3M0.08%+51,540+17.2%Added
New York State Common Retirement Fund345,731$68.1M0.10%−30,569−8.1%Reduced
Raymond James & Associates336,644$66.3M0.06%−21,606−6.0%Reduced
Capital International Investors331,987$65.4M0.02%−43,573−11.6%Reduced
Standard Life Aberdeen plc326,256$64.2M0.16%+14,453+4.6%Added
Millennium Management LLC323,470$63.7M0.07%+237,361+275.7%Added
Envestnet Asset Management Inc314,664$62.0M0.03%+72,328+29.8%Added
Swedbank AB309,274$60.9M0.11%+9,530+3.2%Added
Wilbanks Smith & Thomas Asset Management LLC301,394$59.4M2.05%−4,171−1.4%Reduced
Arrowstreet Capital, Limited Partnership281,401$55.4M0.07%−294,625−51.1%Reduced
Cohen & Steers, Inc.276,463$54.4M0.13%−282,826−50.6%Reduced
Cincinnati Insurance Co264,400$52.1M1.03%00.0%Unchanged
Renaissance Technologies LLC263,300$51.9M0.09%+80,400+44.0%Added
Bank of Montreal246,708$50.6M0.03%−3,452−1.4%Reduced
Principal Financial Group Inc253,339$49.9M0.04%−3,670−1.4%Reduced
Truist Financial Corp250,062$49.2M0.08%+10,760+4.5%Added
Reaves W H & Co Inc235,100$46.3M1.83%+10,000+4.4%Added
Primecap Management Co229,700$45.2M0.04%−1,400−0.6%Reduced
State Board of Administration of Florida Retirement System229,583$45.2M0.11%−19,641−7.9%Reduced
Markel Group Inc.SuperinvestorMarkel Group229,500$45.2M0.55%00.0%Unchanged
Saturna Capital CORP228,720$45.0M0.80%−23,775−9.4%Reduced
Adage Capital Partners GP, L.L.C.225,706$44.4M0.10%−1,100−0.5%Reduced
Aristotle Atlantic Partners, LLC214,965$42.3M1.70%−3,732−1.7%Reduced
Mitsubishi UFJ Kokusai Asset Management Co., Ltd.214,883$42.3M0.09%+20,613+10.6%Added
Brandywine Global Investment Management, LLC208,635$41.1M0.36%+14,292+7.4%Added
New York State Teachers Retirement System207,860$40.9M0.10%−9,743−4.5%Reduced
SEI Investments Co206,998$40.8M0.07%+69,749+50.8%Added
US Bancorp206,612$40.7M0.07%−4,968−2.3%Reduced
Assenagon Asset Management S.A.206,257$40.6M0.14%−84,376−29.0%Reduced
Korea Investment CORP204,553$40.3M0.12%−23,700−10.4%Reduced
Voloridge Investment Management, LLC201,943$39.8M0.20%+36,344+21.9%Added
BNP Paribas Arbitrage, SA200,545$39.5M0.09%−6,048−2.9%Reduced
Prudential Financial Inc199,401$39.3M0.06%−9,300−4.5%Reduced
Bank of Nova Scotia197,446$38.9M0.10%−129,831−39.7%Reduced
Manufacturers Life Insurance Company, The192,212$37.9M0.02%+25,253+15.1%Added
LPL Financial LLC187,259$36.9M0.03%+16,727+9.8%Added
Commonwealth of Pennsylvania Public School Empls Retrmt Sys186,894$36.8M0.30%+644+0.3%Added
Retirement Systems of Alabama186,724$36.8M0.17%+10,384+5.9%Added
ClearBridge Investments Ltd177,591$35.0M1.13%+177,591New
Russell Investments Group, Ltd.169,413$33.4M0.07%−21,894−11.4%Reduced
Anomaly Capital Management, LP169,190$33.3M1.52%−544,520−76.3%Reduced
Qube Research & Technologies Ltd166,520$32.8M0.10%+65,966+65.6%Added