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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
SRS Capital Advisors, Inc.851$167.6K0.02%+788+1,250.8%Added
Private Ocean, LLC857$168.7K0.02%−36−4.0%Reduced
McClarren Financial Advisors, Inc.874$171.0K0.15%−15−1.7%Reduced
ORG Partners LLC894$176.2K0.05%−41−4.4%Reduced
State of Wyoming906$178.4K0.04%+370+69.0%Added
Raleigh Capital Management Inc.916$180.5K0.09%+34+3.9%Added
Dividend Assets Capital, LLC917$181.0K0.04%00.0%Unchanged
Desjardins Global Asset Management Inc.923$181.7K0.02%−271−22.7%Reduced
West Branch Capital LLC923$181.7K0.10%+20+2.2%Added
First Command Advisory Services, Inc.962$189.4K0.00%+962New
MCF Advisors LLC975$192.0K0.02%00.0%Unchanged
Slocum, Gordon & Co LLP982$193.4K0.17%00.0%Unchanged
Pin Oak Investment Advisors Inc996$196.0K0.22%00.0%Unchanged
Toth Financial Advisory Corp1,010$198.9K0.03%+105+11.6%Added
Glass Jacobson Investment Advisors llc1,018$200.5K0.09%00.0%Unchanged
Lokken Investment Group LLC1,024$201.6K0.13%00.0%Unchanged
Shufro Rose & Co LLC1,025$201.9K0.02%00.0%Unchanged
Obermeyer Wood Investment Counsel, LLLP1,033$203.4K0.02%−263−20.3%Reduced
TrinityPoint Wealth, LLC1,037$204.2K0.04%00.0%Unchanged
Moody Lynn & Lieberson, LLC1,045$205.8K0.02%00.0%Unchanged
J. W. Coons Advisors, LLC1,050$206.8K0.06%−100−8.7%Reduced
Goodwin Daniel L1,050$206.8K0.10%00.0%Unchanged
Carolinas Wealth Consulting LLC10,065$207.1K0.05%00.0%Unchanged
Coastal Bridge Advisors, LLC1,061$208.9K0.06%00.0%Unchanged
Robertson Stephens Wealth Management, LLC1,061$208.9K0.01%+4+0.4%Added
GM Advisory Group, Inc.1,063$209.3K0.02%00.0%Unchanged
CVA Family Office, LLC1,068$210.3K0.05%−58−5.2%Reduced
Elmwood Wealth Management, Inc.1,070$210.7K0.10%−4−0.4%Reduced
Pointe Capital Management LLC1,071$210.9K0.17%00.0%Unchanged
AIA Group Ltd1,075$211.7K0.01%+1,075New
Allstate Corp1,077$212.1K0.01%00.0%Unchanged
Old North State Trust, LLC1,081$213.0K0.17%−6−0.6%Reduced
Harbor Investment Advisory, LLC1,100$216.6K0.03%−737−40.1%Reduced
Private Portfolio Partners LLC1,100$216.6K0.06%00.0%Unchanged
Asset Dedication, LLC1,105$217.0K0.02%−137−11.0%Reduced
Trinity Financial Advisors LLC1,105$217.5K0.12%−99−8.2%Reduced
Advisors Capital Management, LLC1,109$218.0K0.01%+65+6.2%Added
RFG Advisory, LLC1,111$218.8K0.01%−13−1.2%Reduced
Tradition Wealth Management, LLC1,111$219.0K0.03%+2+0.2%Added
Goodman Advisory Group, LLC1,120$220.6K0.08%−9,099−89.0%Reduced
Strategic Advocates LLC1,126$221.7K0.10%+1,126New
New England Research & Management, Inc.1,125$222.0K0.13%00.0%Unchanged
Advisor OS, LLC1,130$222.5K0.03%+1,130New
Kingswood Wealth Advisors, LLC1,141$224.7K0.04%+1,141New
Vawter Financial, Ltd.1,142$224.9K0.20%00.0%Unchanged
Triangle Securities Wealth Management1,143$225.1K0.08%00.0%Unchanged
Sovereign Financial Group, Inc.1,147$225.9K0.08%+26+2.3%Added
Private Management Group Inc1,147$225.9K0.01%+93+8.8%Added
NinePointTwo Capital1,152$226.0K0.09%−114−9.0%Reduced
Harfst & Associates, Inc.1,151$226.7K0.06%00.0%Unchanged
Measured Wealth Private Client Group, LLC1,156$227.7K0.09%−14−1.2%Reduced
Pinnacle Wealth Planning Services, Inc.1,157$227.8K0.04%−1−0.1%Reduced
Stratos Wealth Advisors, LLC1,158$228.2K0.02%+60+5.5%Added
Arbor Trust Wealth Advisors, LLC1,163$229.0K0.15%−291−20.0%Reduced
Holderness Investments Co1,165$229.4K0.09%00.0%Unchanged
Douglas Lane & Associates, LLC1,174$231.2K0.00%00.0%Unchanged
Barnes Pettey Financial Advisors, LLC1,175$231.4K0.21%00.0%Unchanged
Plancorp, LLC1,177$231.8K0.01%−18−1.5%Reduced
Community Trust & Investment Co1,177$231.8K0.02%00.0%Unchanged
Trifecta Capital Advisors, LLC1,185$233.4K0.08%00.0%Unchanged
Los Angeles Capital Management LLC1,186$233.6K0.00%+27+2.3%Added
Vance Wealth, Inc.1,188$234.0K0.11%00.0%Unchanged
Gallacher Capital Management LLC1,195$235.4K0.15%−1,776−59.8%Reduced
Cypress Asset Management Inc1,200$236.3K0.08%00.0%Unchanged
Ritter Daniher Financial Advisory LLC1,200$236.3K0.10%00.0%Unchanged
KPP Advisory Services LLC1,201$236.5K0.08%+1,201New
Biechele Royce Advisors1,213$239.0K0.09%00.0%Unchanged
Pearl River Capital, LLC1,214$239.1K0.04%−9,962−89.1%Reduced
Everett Harris & Co1,214$239.1K0.00%00.0%Unchanged
Tilia Fiduciary Partners, Inc.1,219$240.0K0.25%−51−4.0%Reduced
Woodward Diversified Capital, LLC1,219$240.1K0.17%+219+21.9%Added
Jackson, Grant Investment Advisers, Inc.1,221$240.5K0.12%00.0%Unchanged
Manchester Capital Management LLC1,223$240.8K0.04%−1−0.1%Reduced
Northstar Advisory Group, LLC1,230$242.2K0.18%−452−26.9%Reduced
Atlas Private Wealth Management1,230$242.2K0.13%00.0%Unchanged
Trustmark National Bank Trust Department1,233$242.8K0.02%00.0%Unchanged
Miracle Mile Advisors, LLC1,234$243.0K0.01%+3+0.2%Added
Armstrong Advisory Group, Inc1,235$243.2K0.03%−39−3.1%Reduced
WSFS Capital Management, LLC1,235$243.2K0.02%+1,235New
O'Brien Wealth Partners LLC1,242$244.6K0.07%−178−12.5%Reduced
Shepherd Financial Partners LLC1,243$244.9K0.04%+162+15.0%Added
Richard W. Paul & Associates, LLC1,244$244.9K0.11%−45−3.5%Reduced
Girard Partners Ltd.1,245$245.2K0.03%+90+7.8%Added
Day & Ennis, LLC1,250$246.2K0.09%00.0%Unchanged
Beaumont Financial Advisors, LLC1,250$246.2K0.02%+641+105.3%Added
Annex Advisory Services, LLC1,251$246.4K0.01%00.0%Unchanged
J.W. Cole Advisors, Inc.1,252$246.6K0.02%−195−13.5%Reduced
Capital Counsel LLC1,255$247.1K0.01%00.0%Unchanged
Schwarz Dygos Wheeler Investment Advisors LLC1,255$247.1K0.08%00.0%Unchanged
Federated Hermes, Inc.1,260$248.1K0.00%−1,274−50.3%Reduced
Penserra Capital Management LLC1,272$249.0K0.01%−206−13.9%Reduced
Smith Chas P & Associates Pa Cpas1,264$249.0K0.02%−21−1.6%Reduced
Hazlett, Burt & Watson, Inc.1,258$250.0K0.19%+9+0.7%Added
O'Brien Greene & Co. Inc1,270$250.1K0.09%00.0%Unchanged
Focus Financial Network, Inc.1,272$250.6K0.01%+1+0.1%Added
PFG Investments, LLC1,274$250.9K0.05%+119+10.3%Added
Zuckerman Investment Group, LLC1,280$252.1K0.04%00.0%Unchanged
Baldwin Brothers Inc1,280$252.1K0.02%00.0%Unchanged
Spinnaker Trust1,290$254.0K0.02%00.0%Unchanged
Archer Investment Corp1,291$254.2K0.09%00.0%Unchanged