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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
VELA Investment Management, LLC2,765$544.5K0.24%00.0%Unchanged
Howland Capital Management LLC2,772$545.9K0.03%00.0%Unchanged
Compass Ion Advisors, LLC2,779$547.2K0.09%+1,522+121.1%Added
Encompass Wealth Advisors, LLC2,780$547.5K0.18%00.0%Unchanged
Bienville Capital Management, LLC2,782$547.9K0.17%00.0%Unchanged
Inspire Advisors, LLC2,789$549.3K0.10%+2,789New
Wedmont Private Capital2,808$549.7K0.06%−85−2.9%Reduced
Caisse de Depot Et Placement du Quebec2,797$550.8K0.00%−1,300−31.7%Reduced
Virtu Financial LLC2,805$552.0K0.05%+2,805New
Advance Capital Management, Inc.2,826$556.5K0.05%00.0%Unchanged
Ballast, Inc.2,833$557.9K0.22%−30−1.0%Reduced
Calamos Wealth Management LLC2,868$564.8K0.04%00.0%Unchanged
Norris Perne & French LLP2,890$569.1K0.05%+365+14.5%Added
CM Wealth Advisors LLC2,786$572.4K0.22%+2,786New
First Pacific Financial2,915$574.1K0.26%−233−7.4%Reduced
Smith, Salley & Associates2,935$578.0K0.04%−50−1.7%Reduced
MBL Wealth, LLC2,938$578.6K0.08%+35+1.2%Added
Dorsey & Whitney Trust CO LLC2,942$579.4K0.05%+17+0.6%Added
Garner Asset Management Corp2,969$585.0K0.35%+58+2.0%Added
Sawtooth Solutions, LLC2,988$588.4K0.02%−1,137−27.6%Reduced
Bleakley Financial Group, LLC2,988$588.4K0.02%−1,137−27.6%Reduced
Harbor Advisors LLC3,000$590.8K0.13%00.0%Unchanged
Bayesian Capital Management, LP3,026$595.9K0.07%−700−18.8%Reduced
Monarch Capital Management Inc3,030$596.7K0.19%00.0%Unchanged
Ballentine Partners, LLC3,042$599.1K0.01%−1,590−34.3%Reduced
Checchi Capital Advisers, LLC3,047$600.0K0.06%−225−6.9%Reduced
XML Financial, LLC3,060$602.6K0.07%+131+4.5%Added
KLCM Advisors, Inc.3,069$604.4K0.11%+1,007+48.8%Added
Farmers Trust Co3,102$610.9K0.14%00.0%Unchanged
Cambridge Trust Co3,109$612.3K0.03%−10−0.3%Reduced
Cornerstone National Bank & Trust Co3,120$614.4K0.38%−41−1.3%Reduced
Mitchell McLeod Pugh & Williams Inc3,132$616.8K0.18%00.0%Unchanged
Choate Investment Advisors3,154$621.1K0.02%+316+11.1%Added
FineMark National Bank & Trust3,159$622.1K0.03%−39−1.2%Reduced
Aberdeen Wealth Management LLC3,162$622.7K0.47%+10.0%Added
Bragg Financial Advisors, Inc3,171$624.5K0.03%−48−1.5%Reduced
Guyasuta Investment Advisors Inc3,177$625.7K0.05%00.0%Unchanged
Mather Group, LLC.3,202$630.6K0.01%−215−6.3%Reduced
Simmons Bank3,216$633.3K0.06%−81−2.5%Reduced
Hayek Kallen Investment Management3,220$634.0K0.28%00.0%Unchanged
Vestor Capital, LLC3,228$636.0K0.07%−164−4.8%Reduced
Fund Management at Engine No. 1 LLC3,247$639.4K0.10%+283+9.5%Added
Level Four Advisory Services, LLC3,257$641.3K0.04%−314−8.8%Reduced
Chesapeake Wealth Management3,257$641.4K0.27%−60−1.8%Reduced
Columbia Trust Co 010120163,271$644.2K0.37%+30+0.9%Added
Shayne & Co., LLC3,277$645.3K0.21%00.0%Unchanged
Scotia Capital Inc.3,298$649.6K0.00%+527+19.0%Added
Excalibur Management Corp3,299$649.7K0.34%00.0%Unchanged
Clearbridge Investments, LLC3,300$649.9K0.00%00.0%Unchanged
Laurel Wealth Advisors LLC3,310$651.8K0.14%00.0%Unchanged
GTS Securities LLC3,317$653.2K0.01%+1,872+129.6%Added
Independence Bank of Kentucky3,340$657.7K0.28%+145+4.5%Added
Cutter & CO Brokerage, Inc.3,360$661.8K0.19%+831+32.9%Added
Trust Co of Oklahoma3,389$667.4K0.27%−140−4.0%Reduced
E. Ohman J:or Asset Management AB3,400$669.6K0.03%−500−12.8%Reduced
Norman Fields, Gottscho Capital Management, LLC3,405$671.0K0.29%00.0%Unchanged
Legacy Capital Group California, Inc.3,408$671.1K0.29%+14+0.4%Added
Moody National Bank Trust Division3,419$673.3K0.04%−146−4.1%Reduced
Edgemoor Investment Advisors, Inc.3,419$673.3K0.08%00.0%Unchanged
Chicago Partners Investment Group LLC3,421$673.5K0.04%+125+3.8%Added
Chilton Investment Co LLC3,420$673.5K0.02%+115+3.5%Added
Westbourne Investment Advisors, Inc.3,422$674.0K0.31%00.0%Unchanged
Smith, Moore & Co.3,423$674.0K0.09%−271−7.3%Reduced
Rodgers Brothers Inc.3,425$674.5K0.12%00.0%Unchanged
Pathway Financial Advisors LLC3,426$674.7K0.23%00.0%Unchanged
Catalyst Financial Partners LLC3,435$676.5K0.22%+841+32.4%Added
David Loasby3,517$678.6K0.08%+797+29.3%Added
Bollard Group LLC3,461$682.0K0.03%−10−0.3%Reduced
River Street Advisors LLC3,478$684.8K0.65%+125+3.7%Added
Alan B. Lancz & Associates, Inc.3,480$685.3K0.78%−300−7.9%Reduced
CoreCap Advisors, LLC3,484$686.1K0.05%−12−0.3%Reduced
Acropolis Investment Management, LLC3,488$686.9K0.05%00.0%Unchanged
Trellus Management Company, LLC3,500$689.3K1.33%+3,500New
KMG Fiduciary Partners, LLC3,502$689.6K0.09%+17+0.5%Added
Meridian Wealth Management, LLC3,510$691.2K0.04%+1,699+93.8%Added
Moneta Group Investment Advisors LLC3,545$698.1K0.02%+266+8.1%Added
Cyndeo Wealth Partners, LLC3,551$699.3K0.07%00.0%Unchanged
Northcape Wealth Management, LLC3,552$699.5K0.27%−369−9.4%Reduced
Lee Danner & Bass Inc3,554$700.0K0.06%+10+0.3%Added
Panagora Asset Management Inc3,564$701.9K0.00%+2+0.1%Added
Midwest Professional Planners, LTD.3,574$703.8K0.32%+192+5.7%Added
Key Financial Inc3,579$704.8K0.24%00.0%Unchanged
Ci Investments Inc.3,578$705.0K0.00%+104+3.0%Added
DAGCO, Inc.4,529$705.9K0.41%−646−12.5%Reduced
Pathway Financial Advisers, LLC3,589$707.1K0.29%+3,589New
Longfellow Investment Management Co LLC3,593$707.6K0.19%00.0%Unchanged
Meeder Advisory Services, Inc.3,599$708.8K0.09%−368−9.3%Reduced
Heritage Trust Co3,626$714.1K0.11%00.0%Unchanged
Advocate Group LLC3,627$714.3K0.17%−86−2.3%Reduced
Symmetry Partners, LLC3,631$715.0K0.04%00.0%Unchanged
Flputnam Investment Management Co3,636$716.1K0.02%−142−3.8%Reduced
Schulhoff & Co Inc3,655$719.8K0.36%00.0%Unchanged
Hoylecohen, LLC3,658$720.4K0.07%+210+6.1%Added
Marshall Financial Group LLC3,662$721.2K0.26%+48+1.3%Added
Veriti Management LLC3,677$724.0K0.08%−153−4.0%Reduced
Sage Investment Advisers LLC3,685$725.7K1.00%00.0%Unchanged
Navellier & Associates Inc3,700$728.6K0.12%+3,700New
Firestone Capital Management3,715$731.6K0.25%00.0%Unchanged
Mairs & Power Inc3,722$733.0K0.01%−295−7.3%Reduced
Argyle Capital Management Inc.3,722$733.0K0.27%00.0%Unchanged