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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
Mitsubishi UFJ Trust & Banking Corp166,363$32.8M0.08%−6,676−3.9%Reduced
Whittier Trust Co164,944$32.5M0.58%+5,400+3.4%Added
Natixis Advisors, L.P.157,098$30.9M0.09%−5,567−3.4%Reduced
Capital Group Private Client Services, Inc.155,339$30.6M0.37%−14,535−8.6%Reduced
Scopia Capital Management LP154,048$30.3M3.97%+9,300+6.4%Added
Canada Pension Plan Investment Board153,985$30.3M0.04%+15,600+11.3%Added
M&T Bank Corp153,683$30.3M0.12%−1,112−0.7%Reduced
Cornerstone Investment Partners, LLC149,658$29.5M1.84%+142,053+1,867.9%Added
Neuberger Berman Group LLC146,994$28.9M0.03%−1,333−0.9%Reduced
Captrust Financial Advisors145,874$28.7M0.11%+6,938+5.0%Added
Stifel Financial Corp145,839$28.7M0.04%−932−0.6%Reduced
HighTower Advisors, LLC143,799$28.3M0.05%+10,544+7.9%Added
Berkshire Asset Management LLC140,730$27.7M1.73%−842−0.6%Reduced
Citigroup Inc138,572$27.3M0.04%+15,291+12.4%Added
Fifth Third Bancorp138,408$27.3M0.13%−23,119−14.3%Reduced
CI Private Wealth, LLC138,185$27.2M0.06%+490+0.4%Added
Keybank National Association137,101$27.0M0.13%−1,243−0.9%Reduced
Chevy Chase Trust Holdings, Inc.134,677$26.5M0.10%−3,350−2.4%Reduced
Aviva PLC133,489$26.3M0.11%−11,056−7.6%Reduced
Baird Financial Group, Inc.132,944$26.2M0.07%−1,845−1.4%Reduced
Anchor Capital Advisors LLC131,415$25.9M0.72%−32,931−20.0%Reduced
Commonwealth Equity Services, LLC127,150$25.0M0.05%+1,237+1.0%Added
State of Wisconsin Investment Board126,923$25.0M0.08%+3,185+2.6%Added
State of New Jersey Common Pension Fund D126,159$24.8M0.09%−5,955−4.5%Reduced
Manning & Napier Group, LLC125,178$24.7M0.31%−904−0.7%Reduced
1832 Asset Management L.P.122,512$24.1M0.05%+520.0%Added
Connor, Clark & Lunn Investment Management Ltd.122,320$24.1M0.13%+70,726+137.1%Added
Pictet Asset Management Holding SA116,000$22.8M0.03%+116,000New
Public Employees Retirement System of Ohio115,827$22.8M0.10%−9,638−7.7%Reduced
Carlson Capital L P115,300$22.7M1.78%+115,300New
First Republic Investment Management, Inc.113,715$22.4M0.06%+113,715New
Toronto Dominion Bank110,570$21.8M0.04%−22,484−16.9%Reduced
Raymond James Financial Services Advisors, Inc.110,341$21.7M0.04%+759+0.7%Added
Cerity Partners LLC110,137$21.7M0.11%−27,645−20.1%Reduced
Mn Services Vermogensbeheer B.V.109,560$21.6M0.21%+1,100+1.0%Added
Man Group plc–$21.4M0.07%––
Great West Life Assurance Co108,190$21.3M0.05%−3,280−2.9%Reduced
Victory Capital Management Inc104,381$20.6M0.02%+10,499+11.2%Added
Eagle Ridge Investment Management103,937$20.5M2.23%+97+0.1%Added
Treasurer of the State of North Carolina99,880$19.7M0.11%+510+0.5%Added
Hyman Charles D99,406$19.6M1.27%−225−0.2%Reduced
Duff & Phelps Investment Management Co99,249$19.5M0.26%+48,147+94.2%Added
D. E. Shaw & Co., Inc.99,070$19.5M0.03%−20,476−17.1%Reduced
Waters Parkerson & Co., LLC98,348$19.4M1.16%+143+0.1%Added
National Bank of Canada100,621$19.3M0.04%−1,711−1.7%Reduced
Asset Management One Co.,Ltd.96,227$18.9M0.08%−1,972−2.0%Reduced
Susquehanna International Group, LLP95,561$18.8M0.03%+28,398+42.3%Added
Glenview Trust Co94,623$18.6M0.51%+4,008+4.4%Added
Alberta Investment Management Corp93,334$18.4M0.20%+6,700+7.7%Added
ExodusPoint Capital Management, LP92,829$18.3M0.23%+85,596+1,183.4%Added
Handelsbanken Fonder AB91,891$18.1M0.10%−481−0.5%Reduced
Bartlett & Co. Wealth Management LLC91,393$18.0M0.32%−467−0.5%Reduced
Bartlett & Co. LLC91,393$18.0M0.32%−467−0.5%Reduced
Buckingham Strategic Wealth, LLC90,078$17.7M0.25%−318−0.4%Reduced
Worldquant Millennium Advisors LLC89,673$17.7M0.27%+67,968+313.1%Added
Symmetry Investments LP89,578$17.6M5.12%+489+0.5%Added
Nisa Investment Advisors, LLC89,519$17.6M0.13%−3,807−4.1%Reduced
Voya Investment Management LLC87,508$17.2M0.02%−2,239−2.5%Reduced
Comerica Bank86,853$17.1M0.09%−125,966−59.2%Reduced
Advisor Group Holdings, Inc.83,185$16.4M0.02%+20,591+32.9%Added
Squarepoint Ops LLC82,848$16.3M0.08%+63,622+330.9%Added
Earnest Partners LLC81,463$16.0M0.09%−3,183−3.8%Reduced
Royal London Asset Management Ltd80,891$15.9M0.05%+4,264+5.6%Added
Creative Planning74,576$14.7M0.02%+9,291+14.2%Added
TD Asset Management Inc73,497$14.5M0.02%−1,958−2.6%Reduced
National Mutual Insurance Federation of Agricultural Cooperatives72,400$14.3M0.18%00.0%Unchanged
Geneos Wealth Management Inc.71,775$14.1M0.73%+752+1.1%Added
Quadrature Capital Ltd71,523$14.1M0.29%−33,102−31.6%Reduced
Richard C. Young & CO., LTD.71,102$14.0M1.99%−551−0.8%Reduced
STRS Ohio70,638$13.9M0.06%−483−0.7%Reduced
Whittier Trust Co of Nevada Inc69,736$13.7M0.49%−1,116−1.6%Reduced
AMF Pensionsforsakring AB68,809$13.6M0.13%00.0%Unchanged
NorthCrest Asset Manangement, LLC68,478$13.5M0.55%+356+0.5%Added
Macquarie Group Ltd68,350$13.5M0.02%+4,733+7.4%Added
DnB Asset Management AS67,576$13.3M0.08%+3,994+6.3%Added
Lowe Brockenbrough & Co Inc66,158$13.0M1.01%−4,098−5.8%Reduced
Bridgewater Associates, LP65,730$12.9M0.08%+23,595+56.0%Added
Arizona State Retirement System64,434$12.7M0.11%−633−1.0%Reduced
Capital Fund Management S.A.62,207$12.3M0.16%+10,634+20.6%Added
State of Michigan Retirement System62,190$12.2M0.08%−400−0.6%Reduced
Edge Capital Group, LLC62,050$12.2M0.79%+18,431+42.3%Added
AQR Capital Management LLC61,140$12.0M0.02%−22,654−27.0%Reduced
Davidson Investment Advisors60,972$12.0M0.76%+266+0.4%Added
Perpetual Ltd60,361$11.9M0.12%+2,110+3.6%Added
IFM Investors Pty Ltd59,664$11.7M0.15%−14,661−19.7%Reduced
Schroder Investment Management Group58,811$11.6M0.02%−29,708−33.6%Reduced
Nomura Asset Management Co Ltd58,637$11.5M0.05%+187+0.3%Added
DekaBank Deutsche Girozentrale58,207$11.5M0.03%−43,670−42.9%Reduced
American International Group, Inc.58,154$11.5M0.07%−1,459−2.4%Reduced
Vontobel Holding Ltd.58,104$11.4M0.11%+7,943+15.8%Added
Amalgamated Bank58,015$11.4M0.10%−849−1.4%Reduced
Kanawha Capital Management LLC57,811$11.4M1.10%−402−0.7%Reduced
Dana Investment Advisors, Inc.57,491$11.3M0.58%+1,196+2.1%Added
Glenmede Trust Co NA57,277$11.3M0.06%+6,159+12.0%Added
Skylands Capital, LLC56,525$11.1M1.68%+8,565+17.9%Added
Brown Advisory Inc56,273$11.1M0.02%+123+0.2%Added
MetLife Investment Management56,155$11.1M0.09%−1,616−2.8%Reduced
Ingalls & Snyder LLC55,916$11.0M0.53%−160−0.3%Reduced
Mariner, LLC55,772$11.0M0.03%−4,325−7.2%Reduced
Regions Financial Corp55,765$11.0M0.10%−535−1.0%Reduced