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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
USS Investment Management Ltd55,661$11.0M0.12%+2,773+5.2%Added
Fjarde Ap-Fonden /Fourth Swedish National Pension Fund52,177$10.3M0.14%−3,000−5.4%Reduced
Teacher Retirement System of Texas51,048$10.1M0.07%−31,375−38.1%Reduced
Pittenger & Anderson Inc50,985$10.0M0.51%+2,786+5.8%Added
Citadel Advisors LLC48,594$9.57M0.01%−907,645−94.9%Reduced
M. Kraus & Co48,571$9.57M3.40%+451+0.9%Added
Neville Rodie & Shaw Inc48,130$9.48M0.85%−300−0.6%Reduced
Core Alternative Capital48,038$9.46M1.46%−4,091−7.8%Reduced
Bryn Mawr Trust Co47,296$9.31M0.41%+615+1.3%Added
Ensign Peak Advisors, Inc47,120$9.28M0.02%−34,479−42.3%Reduced
Texas Permanent School Fund46,897$9.24M0.09%−827−1.7%Reduced
South Dakota Investment Council45,965$9.05M0.21%+33,288+262.6%Added
Mastrapasqua Asset Management Inc45,882$9.04M1.06%+30+0.1%Added
Dillon & Associates Inc45,854$9.03M1.74%−120.0%Reduced
Kovitz Investment Group Partners, LLC45,220$8.91M0.16%−387−0.8%Reduced
Heritage Investors Management Corp44,855$8.83M0.37%+475+1.1%Added
Cambridge Investment Research Advisors, Inc.44,553$8.77M0.04%+1,053+2.4%Added
Polar Capital Holdings Plc44,105$8.69M0.06%−1,534−3.4%Reduced
Blair William & Co43,927$8.65M0.03%+76+0.2%Added
Skandinaviska Enskilda Banken AB (publ)43,645$8.60M0.06%−46−0.1%Reduced
Varma Mutual Pension Insurance Co43,574$8.58M0.10%+20,000+84.8%Added
Saybrook Capital43,548$8.58M2.58%−125−0.3%Reduced
Janus Henderson Group PLC43,400$8.55M0.01%+252+0.6%Added
Calamos Advisors LLC43,377$8.54M0.05%00.0%Unchanged
Mercer Global Advisors Inc43,115$8.49M0.03%+4,427+11.4%Added
Tredje AP-fonden42,726$8.41M0.12%+7,853+22.5%Added
State of Alaska, Department of Revenue42,093$8.29M0.10%−1,175−2.7%Reduced
Linscomb & Williams, Inc.41,356$8.14M0.48%−1,901−4.4%Reduced
Zurcher Kantonalbank (Zurich Cantonalbank)40,682$8.01M0.04%+2,674+7.0%Added
Cresset Asset Management, LLC40,609$8.00M0.06%+624+1.6%Added
Forsta Ap-Fonden40,500$7.98M0.09%+1,000+2.5%Added
Waycross Partners, LLC40,214$7.92M1.75%+2,098+5.5%Added
Wealth Enhancement Advisory Services, LLC40,097$7.90M0.03%+38,615+2,605.6%Added
Brinker Capital Investments, LLC39,853$7.85M0.09%+7,923+24.8%Added
Orion Portfolio Solutions, LLC39,853$7.85M0.09%+7,923+24.8%Added
Czech National Bank39,677$7.81M0.12%+12,729+47.2%Added
Commerce Bank39,503$7.78M0.06%+156+0.4%Added
BTC Capital Management, Inc.39,342$7.75M0.89%+249+0.6%Added
Utah Retirement Systems39,158$7.71M0.11%+100+0.3%Added
Guggenheim Capital LLC39,081$7.70M0.07%+6,625+20.4%Added
CIBC Asset Management Inc39,072$7.69M0.03%−911−2.3%Reduced
Cetera Advisor Networks LLC38,299$7.54M0.05%+684+1.8%Added
ProShare Advisors LLC38,240$7.53M0.02%−2,095−5.2%Reduced
Tufton Capital Management38,232$7.53M1.68%+1,064+2.9%Added
Walleye Capital LLC38,140$7.51M0.11%−19,579−33.9%Reduced
Yousif Capital Management, LLC36,787$7.24M0.09%−1,092−2.9%Reduced
ING Groep NV36,205$7.13M0.06%−18,218−33.5%Reduced
State of Tennessee, Treasury Department36,185$7.13M0.03%−618−1.7%Reduced
Eliot Finkel Investment Counsel, LLC35,895$7.07M4.75%−160−0.4%Reduced
Van Eck Associates Corp35,659$7.02M0.02%−782−2.1%Reduced
Cohen Klingenstein LLC35,500$6.99M0.32%00.0%Unchanged
Lafayette Investments, Inc.35,326$6.96M1.90%−10.0%Reduced
Federation des caisses Desjardins du Quebec34,930$6.88M0.07%−247−0.7%Reduced
Trexquant Investment LP34,291$6.75M0.17%+34,291New
Jane Street Group, LLC34,190$6.73M0.01%−25,833−43.0%Reduced
Baker Chad R33,906$6.68M1.69%00.0%Unchanged
Klingenstein Fields & Co LP33,677$6.63M0.32%+101+0.3%Added
BFSG, LLC33,072$6.51M1.06%+3,759+12.8%Added
1st Source Bank32,919$6.48M0.44%−497−1.5%Reduced
Beacon Pointe Advisors, LLC32,454$6.39M0.08%+21,129+186.6%Added
New York Life Investment Management LLC32,454$6.39M0.07%+129+0.4%Added
Walleye Trading LLC32,358$6.37M0.15%+32,358New
Prelude Capital Management, LLC31,914$6.28M0.57%+8,814+38.2%Added
Mutual of America Capital Management LLC31,827$6.27M0.08%−976−3.0%Reduced
Johnson Investment Counsel Inc31,740$6.25M0.08%−671−2.1%Reduced
Trust Co of Toledo NA31,698$6.24M1.23%−467−1.5%Reduced
Moors & Cabot, Inc.31,275$6.16M0.42%−423−1.3%Reduced
Tudor Investment Corp Et Al30,839$6.07M0.09%+29,278+1,875.6%Added
Verition Fund Management LLC30,623$6.03M0.08%+13,291+76.7%Added
HM Payson & Co30,404$5.99M0.14%−51,032−62.7%Reduced
Jade Capital Advisors, LLC30,000$5.91M5.75%+25,000+500.0%Added
Soros Fund Management LLCSuperinvestorSoros Fund Management29,760$5.86M0.12%+3,397+12.9%Added
Allianz Asset Management GmbH28,929$5.70M0.01%−58,462−66.9%Reduced
Huntington National Bank28,858$5.68M0.06%−921−3.1%Reduced
Burns J W & Co Inc28,781$5.67M0.92%−970−3.3%Reduced
Northwestern Mutual Wealth Management Co28,383$5.59M0.01%−357−1.2%Reduced
CIBC Private Wealth Group, LLC28,302$5.57M0.01%−5,042−15.1%Reduced
Xponance, Inc.28,282$5.57M0.08%+485+1.7%Added
Rockefeller Capital Management L.P.28,043$5.53M0.02%−1,695−5.7%Reduced
Ilmarinen Mutual Pension Insurance Co28,000$5.51M0.07%00.0%Unchanged
Baxter Bros Inc27,857$5.49M0.83%+1,016+3.8%Added
Trust Co of Vermont27,836$5.48M0.37%+40.0%Added
Pettyjohn, Wood & White, Inc27,812$5.48M1.29%+1,034+3.9%Added
CIBC World Markets Inc.27,630$5.44M0.02%+737+2.7%Added
Kornitzer Capital Management Inc27,624$5.44M0.11%−250−0.9%Reduced
Synovus Financial Corp27,204$5.36M0.06%+1,700+6.7%Added
Investment House LLC27,183$5.35M0.42%−1,150−4.1%Reduced
TD Waterhouse Canada Inc.26,041$5.32M0.06%−400−1.5%Reduced
Country Club Bank26,893$5.31M0.43%−30.0%Reduced
Verdence Capital Advisors LLC26,907$5.30M0.58%+12,612+88.2%Added
Jump Financial, LLC26,904$5.30M0.20%+18,683+227.3%Added
Gateway Investment Advisers LLC26,698$5.26M0.07%−370−1.4%Reduced
Banco Bilbao Vizcaya Argentaria, S.A.26,873$5.22M0.07%−1,220−4.3%Reduced
Nissay Asset Management Corp26,453$5.21M0.05%+878+3.4%Added
BNP PARIBAS ASSET MANAGEMENT Holding S.A.26,439$5.21M0.02%+3,000+12.8%Added
Bokf, NA27,109$5.17M0.11%+957+3.7%Added
Estabrook Capital Management26,137$5.15M0.91%−321−1.2%Reduced
Farmers National Bank26,101$5.14M1.79%+1,786+7.3%Added
Bessemer Group Inc26,089$5.14M0.01%−271−1.0%Reduced
Kerrisdale Advisers, LLC25,668$5.05M1.60%00.0%Unchanged