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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: 1,592 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 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 20221,592$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, 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
Waters Parkerson & Co., LLC98,348$19.4M1.16%+143+0.1%Added
D. E. Shaw & Co., Inc.99,070$19.5M0.03%−20,476−17.1%Reduced
Duff & Phelps Investment Management Co99,249$19.5M0.26%+48,147+94.2%Added
Hyman Charles D99,406$19.6M1.27%−225−0.2%Reduced
Treasurer of the State of North Carolina99,880$19.7M0.11%+510+0.5%Added
Eagle Ridge Investment Management103,937$20.5M2.23%+97+0.1%Added
Victory Capital Management Inc104,381$20.6M0.02%+10,499+11.2%Added
Great West Life Assurance Co108,190$21.3M0.05%−3,280−2.9%Reduced
Man Group plc–$21.4M0.07%––
Mn Services Vermogensbeheer B.V.109,560$21.6M0.21%+1,100+1.0%Added
Cerity Partners LLC110,137$21.7M0.11%−27,645−20.1%Reduced
Raymond James Financial Services Advisors, Inc.110,341$21.7M0.04%+759+0.7%Added
Toronto Dominion Bank110,570$21.8M0.04%−22,484−16.9%Reduced
First Republic Investment Management, Inc.113,715$22.4M0.06%+113,715New
Carlson Capital L P115,300$22.7M1.78%+115,300New
Public Employees Retirement System of Ohio115,827$22.8M0.10%−9,638−7.7%Reduced
Pictet Asset Management Holding SA116,000$22.8M0.03%+116,000New
Connor, Clark & Lunn Investment Management Ltd.122,320$24.1M0.13%+70,726+137.1%Added
1832 Asset Management L.P.122,512$24.1M0.05%+520.0%Added
Manning & Napier Group, LLC125,178$24.7M0.31%−904−0.7%Reduced
State of New Jersey Common Pension Fund D126,159$24.8M0.09%−5,955−4.5%Reduced
State of Wisconsin Investment Board126,923$25.0M0.08%+3,185+2.6%Added
Commonwealth Equity Services, LLC127,150$25.0M0.05%+1,237+1.0%Added
Anchor Capital Advisors LLC131,415$25.9M0.72%−32,931−20.0%Reduced
Baird Financial Group, Inc.132,944$26.2M0.07%−1,845−1.4%Reduced
Aviva PLC133,489$26.3M0.11%−11,056−7.6%Reduced
Chevy Chase Trust Holdings, Inc.134,677$26.5M0.10%−3,350−2.4%Reduced
Keybank National Association137,101$27.0M0.13%−1,243−0.9%Reduced
CI Private Wealth, LLC138,185$27.2M0.06%+490+0.4%Added
Fifth Third Bancorp138,408$27.3M0.13%−23,119−14.3%Reduced
Citigroup Inc138,572$27.3M0.04%+15,291+12.4%Added
Berkshire Asset Management LLC140,730$27.7M1.73%−842−0.6%Reduced
HighTower Advisors, LLC143,799$28.3M0.05%+10,544+7.9%Added
Stifel Financial Corp145,839$28.7M0.04%−932−0.6%Reduced
Captrust Financial Advisors145,874$28.7M0.11%+6,938+5.0%Added
Neuberger Berman Group LLC146,994$28.9M0.03%−1,333−0.9%Reduced
Cornerstone Investment Partners, LLC149,658$29.5M1.84%+142,053+1,867.9%Added
M&T Bank Corp153,683$30.3M0.12%−1,112−0.7%Reduced
Canada Pension Plan Investment Board153,985$30.3M0.04%+15,600+11.3%Added
Scopia Capital Management LP154,048$30.3M3.97%+9,300+6.4%Added
Capital Group Private Client Services, Inc.155,339$30.6M0.37%−14,535−8.6%Reduced
Natixis Advisors, L.P.157,098$30.9M0.09%−5,567−3.4%Reduced
Whittier Trust Co164,944$32.5M0.58%+5,400+3.4%Added
Mitsubishi UFJ Trust & Banking Corp166,363$32.8M0.08%−6,676−3.9%Reduced
Qube Research & Technologies Ltd166,520$32.8M0.10%+65,966+65.6%Added
Anomaly Capital Management, LP169,190$33.3M1.52%−544,520−76.3%Reduced
Russell Investments Group, Ltd.169,413$33.4M0.07%−21,894−11.4%Reduced
ClearBridge Investments Ltd177,591$35.0M1.13%+177,591New
Retirement Systems of Alabama186,724$36.8M0.17%+10,384+5.9%Added
Commonwealth of Pennsylvania Public School Empls Retrmt Sys186,894$36.8M0.30%+644+0.3%Added
LPL Financial LLC187,259$36.9M0.03%+16,727+9.8%Added
Manufacturers Life Insurance Company, The192,212$37.9M0.02%+25,253+15.1%Added
Bank of Nova Scotia197,446$38.9M0.10%−129,831−39.7%Reduced
Prudential Financial Inc199,401$39.3M0.06%−9,300−4.5%Reduced
BNP Paribas Arbitrage, SA200,545$39.5M0.09%−6,048−2.9%Reduced
Voloridge Investment Management, LLC201,943$39.8M0.20%+36,344+21.9%Added
Korea Investment CORP204,553$40.3M0.12%−23,700−10.4%Reduced
Assenagon Asset Management S.A.206,257$40.6M0.14%−84,376−29.0%Reduced
US Bancorp206,612$40.7M0.07%−4,968−2.3%Reduced
SEI Investments Co206,998$40.8M0.07%+69,749+50.8%Added
New York State Teachers Retirement System207,860$40.9M0.10%−9,743−4.5%Reduced
Brandywine Global Investment Management, LLC208,635$41.1M0.36%+14,292+7.4%Added
Mitsubishi UFJ Kokusai Asset Management Co., Ltd.214,883$42.3M0.09%+20,613+10.6%Added
Aristotle Atlantic Partners, LLC214,965$42.3M1.70%−3,732−1.7%Reduced
Adage Capital Partners GP, L.L.C.225,706$44.4M0.10%−1,100−0.5%Reduced
Saturna Capital CORP228,720$45.0M0.80%−23,775−9.4%Reduced
Markel Group Inc.SuperinvestorMarkel Group229,500$45.2M0.55%00.0%Unchanged
State Board of Administration of Florida Retirement System229,583$45.2M0.11%−19,641−7.9%Reduced
Primecap Management Co229,700$45.2M0.04%−1,400−0.6%Reduced
Reaves W H & Co Inc235,100$46.3M1.83%+10,000+4.4%Added
Truist Financial Corp250,062$49.2M0.08%+10,760+4.5%Added
Principal Financial Group Inc253,339$49.9M0.04%−3,670−1.4%Reduced
Bank of Montreal246,708$50.6M0.03%−3,452−1.4%Reduced
Renaissance Technologies LLC263,300$51.9M0.09%+80,400+44.0%Added
Cincinnati Insurance Co264,400$52.1M1.03%00.0%Unchanged
Cohen & Steers, Inc.276,463$54.4M0.13%−282,826−50.6%Reduced
Arrowstreet Capital, Limited Partnership281,401$55.4M0.07%−294,625−51.1%Reduced
Wilbanks Smith & Thomas Asset Management LLC301,394$59.4M2.05%−4,171−1.4%Reduced
Swedbank AB309,274$60.9M0.11%+9,530+3.2%Added
Envestnet Asset Management Inc314,664$62.0M0.03%+72,328+29.8%Added
Millennium Management LLC323,470$63.7M0.07%+237,361+275.7%Added
Standard Life Aberdeen plc326,256$64.2M0.16%+14,453+4.6%Added
Capital International Investors331,987$65.4M0.02%−43,573−11.6%Reduced
Raymond James & Associates336,644$66.3M0.06%−21,606−6.0%Reduced
New York State Common Retirement Fund345,731$68.1M0.10%−30,569−8.1%Reduced
HSBC Holdings PLC351,594$69.3M0.08%+51,540+17.2%Added
Credit Suisse AG354,408$69.8M0.07%+6,469+1.9%Added
California State Teachers Retirement System360,770$71.0M0.11%−16,938−4.5%Reduced
FMR LLC370,200$72.9M0.01%−161,364−30.4%Reduced
Royal Bank of Canada371,356$73.1M0.02%+23,474+6.7%Added
Davenport & Co LLC395,365$77.9M0.60%−10,135−2.5%Reduced
First Trust Advisors LP405,823$79.9M0.09%+43,059+11.9%Added
The PNC Financial Services Group, Inc.424,769$83.6M0.07%−4,895−1.1%Reduced
California Public Employees Retirement System432,223$85.1M0.07%+5,256+1.2%Added
National Pension Service430,812$85.4M0.14%+17,515+4.2%Added
Two Sigma Investments, LP434,402$85.5M0.24%−417,477−49.0%Reduced
Public Employees Retirement Association of Colorado452,474$89.1M0.46%−15,203−3.3%Reduced
Rhumbline Advisers488,429$96.2M0.11%−5,992−1.2%Reduced
Nordea Investment Management AB518,990$103.1M0.14%−8,124−1.5%Reduced
Massachusetts Financial Services Co524,160$103.2M0.04%+524,160New