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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
Fragasso Group Inc.1,643$323.6K0.03%−10−0.6%Reduced
Sage Mountain Advisors LLC1,649$324.7K0.04%+59+3.7%Added
Washington Trust Bank1,650$324.9K0.03%00.0%Unchanged
Nalls Sherbakoff Group, LLC1,656$326.1K0.32%+1+0.1%Added
First Foundation Advisors1,662$327.3K0.02%+1+0.1%Added
Birch Hill Investment Advisors LLC1,663$327.5K0.02%+189+12.8%Added
Graves-Light Private Wealth Management, Inc.1,711$327.7K0.04%00.0%Unchanged
One River Asset Management, LLC1,661$327.8K0.15%+278+20.1%Added
Blue Edge Capital, LLC1,665$327.9K0.07%00.0%Unchanged
Brighton Jones LLC1,680$330.9K0.02%+80+5.0%Added
Transcend Wealth Collective, LLC1,681$331.0K0.03%00.0%Unchanged
LGT Financial Advisors LLC1,682$331.3K0.42%+557+49.5%Added
Two Sigma Securities, LLC1,683$331.4K0.02%−39,926−96.0%Reduced
Howard Financial Services, Ltd.1,693$333.4K0.08%−9−0.5%Reduced
Syon Capital LLC1,693$333.4K0.04%+1,693New
Raab & Moskowitz Asset Management LLC1,694$333.6K0.12%00.0%Unchanged
iA Global Asset Management Inc.1,695$334.0K0.01%+102+6.4%Added
UniSuper Management Pty Ltd1,700$334.8K0.00%00.0%Unchanged
Wilkins Investment Counsel Inc1,700$335.0K0.09%00.0%Unchanged
Dudley Capital Management, LLC1,702$335.2K0.24%00.0%Unchanged
Brown Brothers Harriman & Co1,711$336.9K0.00%−2,336−57.7%Reduced
Ashton Thomas Private Wealth, LLC1,716$337.9K0.02%−23−1.3%Reduced
Jones Financial Companies LLLP1,718$338.3K0.00%+34+2.0%Added
Equitable Holdings, Inc.1,722$339.1K0.00%+150+9.5%Added
Villere St Denis J & Co LLC1,725$339.7K0.03%00.0%Unchanged
REDW Wealth LLC1,728$340.3K0.10%+1+0.1%Added
Financial Advisory Service, Inc.1,729$340.5K0.04%+1+0.1%Added
CMG Global Holdings, LLC1,733$341.3K0.29%−4−0.2%Reduced
Allen Mooney & Barnes Investment Advisors LLC1,733$341.3K0.07%+1,733New
TMD Wealth Management, LLC1,735$341.7K0.10%00.0%Unchanged
YHB Investment Advisors, Inc.1,739$342.5K0.03%00.0%Unchanged
Quadrant Capital Group LLC1,743$343.2K0.03%−573−24.7%Reduced
Connolly Sarah T.1,745$343.6K0.23%−505−22.4%Reduced
Regent Peak Wealth Advisors LLC1,745$343.6K0.10%+375+27.4%Added
Independent Financial Group, LLC1,748$344.2K0.02%+655+59.9%Added
Hudson Valley Investment Advisors Inc1,750$344.6K0.05%−467−21.1%Reduced
IFP Advisors, Inc1,751$344.8K0.02%−68−3.7%Reduced
Duality Advisers, LP1,751$344.8K0.04%−815−31.8%Reduced
Running Oak Capital LLC1,762$347.0K0.09%−58−3.2%Reduced
Redmond Asset Management, LLC1,764$347.4K0.12%00.0%Unchanged
Massmutual Trust Co FSB1,784$351.3K0.01%+68+4.0%Added
Caldwell Sutter Capital, Inc.1,800$354.5K0.20%00.0%Unchanged
Advisors Asset Management, Inc.1,804$355.3K0.01%+249+16.0%Added
GW Henssler & Associates Ltd1,808$356.1K0.02%−51−2.7%Reduced
Sherbrooke Park Advisers LLC1,811$356.6K0.11%+713+64.9%Added
XTX Topco Ltd1,819$358.2K0.06%−1,568−46.3%Reduced
Steigerwald, Gordon & Koch Inc.1,830$360.5K0.05%−25−1.3%Reduced
Waypoint Wealth Partners Inc.1,834$361.2K0.13%00.0%Unchanged
Itau Unibanco Holding S.A.1,836$361.6K0.02%−21,719−92.2%Reduced
Nwam LLC1,837$361.8K0.04%+67+3.8%Added
Pettee Investors, Inc.1,838$362.0K0.17%00.0%Unchanged
Greystone Financial Group, LLC1,839$362.1K0.09%00.0%Unchanged
Wambolt & Associates, LLC1,895$362.9K0.13%−526−21.7%Reduced
Formidable Asset Management, LLC1,845$363.4K0.08%00.0%Unchanged
Cadinha & Co LLC1,848$363.9K0.08%00.0%Unchanged
Delta Asset Management LLC1,858$365.9K0.04%−5−0.3%Reduced
DF Dent & Co Inc1,859$366.1K0.01%00.0%Unchanged
Quantum Private Wealth, LLC1,873$368.8K0.18%00.0%Unchanged
Proequities, Inc.1,873$368.8K0.03%+638+51.7%Added
Vident Advisory, LLC1,874$369.0K0.01%+1,874New
Main Street Research LLC1,877$369.6K0.04%00.0%Unchanged
Nebula Research & Development LLC1,877$369.6K0.19%+1,877New
Beaton Management Co. Inc.1,880$370.0K0.24%00.0%Unchanged
Conning Inc.1,880$370.2K0.01%−30−1.6%Reduced
Wade G W & Inc1,882$371.0K0.01%+693+58.3%Added
Mission Wealth Management, LP1,888$371.8K0.01%+37+2.0%Added
Fusion Capital, LLC1,894$372.9K0.21%+7+0.4%Added
Prana Capital Management, LP1,900$374.2K0.02%+1,900New
Welch Group, LLC1,903$374.8K0.02%+100+5.5%Added
Van Leeuwen & Company, LLC1,910$376.1K0.23%+12+0.6%Added
Alerus Financial NA1,910$376.1K0.03%−9−0.5%Reduced
Ti-Trust, Inc1,920$378.1K0.36%00.0%Unchanged
ARS Investment Partners, LLC1,929$379.9K0.05%00.0%Unchanged
LCNB Corp1,935$381.1K0.17%00.0%Unchanged
Blueshift Asset Management, LLC1,942$382.4K0.23%+350+22.0%Added
Siemens Fonds Invest GmbH1,946$383.2K0.04%00.0%Unchanged
MQS Management LLC1,947$383.4K0.23%+1,947New
U.S. Capital Wealth Advisors, LLC1,948$383.6K0.02%+6+0.3%Added
Good Life Advisors, LLC1,965$387.2K0.04%−10−0.5%Reduced
First National Bank1,970$388.0K0.34%00.0%Unchanged
Sheaff Brock Investment Advisors, LLC1,971$388.2K0.04%00.0%Unchanged
Soltis Investment Advisors LLC1,984$390.8K0.05%+21+1.1%Added
WMS Partners, LLC1,986$391.1K0.03%00.0%Unchanged
TownSquare Capital, LLC2,005$394.8K0.01%+204+11.3%Added
Horan Capital Advisors, LLC.2,018$397.3K0.16%+10.0%Added
Clarius Group, LLC2,024$398.6K0.04%−739−26.7%Reduced
Inspirion Wealth Advisors, LLC2,035$400.7K0.08%+2+0.1%Added
Clear Harbor Asset Management, LLC2,041$401.9K0.04%00.0%Unchanged
Fairfield, Bush & Co.2,048$403.3K0.26%−6,326−75.5%Reduced
Eagle Global Advisors LLC2,050$403.7K0.03%00.0%Unchanged
Seven Eight Capital, LP2,058$405.3K0.05%+2,058New
Harbour Investments, Inc.2,065$406.7K0.02%+880+74.3%Added
Thomasville National Bank2,084$410.4K0.04%00.0%Unchanged
Boltwood Capital Management2,100$413.6K0.15%+66+3.2%Added
First PREMIER Bank2,103$414.0K0.13%−30−1.4%Reduced
Breakwater Capital Group2,177$414.0K0.14%+128+6.2%Added
Abacus Planning Group, Inc.2,106$414.6K0.10%+32+1.5%Added
We Are One Seven, LLC2,107$414.9K0.03%+764+56.9%Added
Oakworth Capital, Inc.2,109$415.3K0.04%−52−2.4%Reduced
Everhart Financial Group, Inc.2,109$415.3K0.18%+57+2.8%Added