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, Q4 2023
Institutional positions in Norfolk Southern Corp as of Dec 31, 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
- 1,585
- +163 vs. Q3 2023
- Shares held
- 169.8M
- +2.08M (+1.2%) vs. Q3 2023
- Total value
- $40.1B
- +$7.04B (+21.3%) vs. Q3 2023
- New holders
- 260
- 433 more added
- Sold out
- 97
- 565 more reduced
22 institutions that held it in Q3 2023 haven't filed for Q4 2023 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.
Compare with Q3 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.
| Quarter | Holders | Value |
|---|---|---|
| Q2 2026 | 1,869 | $53.6B |
| Q1 2026 | 1,841 | $48.2B |
| Q4 2025 | 1,852 | $49.8B |
| Q3 2025 | 1,801 | $50.8B |
| Q2 2025 | 1,693 | $45.1B |
| Q1 2025 | 1,656 | $41.2B |
| Q4 2024 | 1,686 | $41.0B |
| Q3 2024 | 1,612 | $42.4B |
| Q2 2024 | 1,565 | $36.7B |
| Q1 2024 | 1,628 | $43.1B |
| Q4 2023 | 1,585 | $40.1B |
| Q3 2023 | 1,444 | $33.1B |
| Q2 2023 | 1,529 | $37.9B |
| Q1 2023 | 1,500 | $35.4B |
| Q4 2022 | 1,592 | $41.8B |
| Q3 2022 | 1,501 | $36.1B |
| Q2 2022 | 1,543 | $39.6B |
| Q1 2022 | 1,646 | $50.2B |
| Q4 2021 | 1,644 | $52.7B |
| Q3 2021 | 1,494 | $42.6B |
| Q2 2021 | 1,546 | $48.1B |
| Q1 2021 | 1,514 | $49.7B |
Institutions, Q4 2023
Shares, value and share of portfolio for each institution holding Norfolk Southern Corp; share changes are against Q3 2023.
| Institution | Shares | Value | % of portfolio | Change in shares | Action |
|---|---|---|---|---|---|
| Kerrisdale Advisers, LLC | 25,668 | $6.07M | 1.81% | 00.0% | Unchanged |
| Estabrook Capital Management | 25,778 | $6.09M | 1.00% | −359−1.4% | Reduced |
| Portland Global Advisors LLC | 25,887 | $6.12M | 0.92% | +525+2.1% | Added |
| British Columbia Investment Management Corp | 26,135 | $6.18M | 0.05% | +5,427+26.2% | Added |
| Huntington National Bank | 26,176 | $6.19M | 0.06% | −2,682−9.3% | Reduced |
| Farmers National Bank | 26,255 | $6.21M | 1.99% | +154+0.6% | Added |
| Uncommon Cents Investing LLC | 26,260 | $6.21M | 2.05% | +690+2.7% | Added |
| Banco Bilbao Vizcaya Argentaria, S.A. | 26,318 | $6.22M | 0.07% | −555−2.1% | Reduced |
| Investment House LLC | 26,674 | $6.31M | 0.45% | −509−1.9% | Reduced |
| Pathstone Holdings, LLC | 26,536 | $6.31M | 0.03% | +26,536 | New |
| Gateway Investment Advisers LLC | 26,818 | $6.34M | 0.07% | +120+0.4% | Added |
| CIBC World Markets Inc. | 26,881 | $6.35M | 0.02% | −749−2.7% | Reduced |
| Synovus Financial Corp | 27,108 | $6.41M | 0.09% | −96−0.4% | Reduced |
| Bokf, NA | 27,291 | $6.45M | 0.13% | +182+0.7% | Added |
| Nissay Asset Management Corp | 27,377 | $6.47M | 0.05% | +924+3.5% | Added |
| Pettyjohn, Wood & White, Inc | 27,404 | $6.48M | 1.40% | −408−1.5% | Reduced |
| Kornitzer Capital Management Inc | 27,521 | $6.51M | 0.13% | −103−0.4% | Reduced |
| Baxter Bros Inc | 27,681 | $6.54M | 0.91% | −176−0.6% | Reduced |
| Ilmarinen Mutual Pension Insurance Co | 28,000 | $6.62M | 0.09% | 00.0% | Unchanged |
| Northwestern Mutual Wealth Management Co | 28,208 | $6.67M | 0.01% | −175−0.6% | Reduced |
| Burns J W & Co Inc | 28,425 | $6.72M | 0.99% | −356−1.2% | Reduced |
| Verdence Capital Advisors LLC | 28,448 | $6.72M | 0.65% | +1,541+5.7% | Added |
| Tower Research Capital LLC (TRC) | 28,501 | $6.74M | 0.08% | +11,500+67.6% | Added |
| Xponance, Inc. | 28,904 | $6.83M | 0.08% | +622+2.2% | Added |
| CIBC World Markets Corp | 29,130 | $6.89M | 0.04% | +16,600+132.5% | Added |
| Bank of Nova Scotia | 29,482 | $6.97M | 0.01% | −167,964−85.1% | Reduced |
| ProShare Advisors LLC | 29,799 | $7.04M | 0.02% | −8,441−22.1% | Reduced |
| HM Payson & Co | 29,818 | $7.05M | 0.15% | −586−1.9% | Reduced |
| Mutual of America Capital Management LLC | 30,320 | $7.17M | 0.08% | −1,507−4.7% | Reduced |
| Fjarde Ap-Fonden /Fourth Swedish National Pension Fund | 30,577 | $7.23M | 0.09% | −21,600−41.4% | Reduced |
| CIBC Private Wealth Group, LLC | 30,603 | $7.23M | 0.02% | +2,301+8.1% | Added |
| Trust Co of Toledo NA | 30,728 | $7.26M | 1.25% | −970−3.1% | Reduced |
| Johnson Investment Counsel Inc | 30,896 | $7.30M | 0.09% | −844−2.7% | Reduced |
| Teacher Retirement System of Texas | 31,008 | $7.33M | 0.05% | −20,040−39.3% | Reduced |
| Janus Henderson Group PLC | 31,164 | $7.37M | 0.00% | −12,236−28.2% | Reduced |
| Moors & Cabot, Inc. | 31,466 | $7.44M | 0.46% | +191+0.6% | Added |
| New York Life Investment Management LLC | 32,089 | $7.59M | 0.08% | −365−1.1% | Reduced |
| BFSG, LLC | 32,222 | $7.62M | 1.11% | −850−2.6% | Reduced |
| Beacon Pointe Advisors, LLC | 32,469 | $7.68M | 0.09% | +150.0% | Added |
| 1st Source Bank | 32,492 | $7.68M | 0.46% | −427−1.3% | Reduced |
| Federation des caisses Desjardins du Quebec | 32,975 | $7.79M | 0.07% | −1,955−5.6% | Reduced |
| Schroder Investment Management Group | 33,098 | $7.82M | 0.01% | −25,713−43.7% | Reduced |
| Klingenstein Fields & Co LP | 33,589 | $7.94M | 0.35% | −88−0.3% | Reduced |
| Baker Chad R | 33,906 | $8.01M | 1.80% | 00.0% | Unchanged |
| Brinker Capital Investments, LLC | 35,512 | $8.16M | 0.09% | −4,341−10.9% | Reduced |
| Orion Portfolio Solutions, LLC | 35,512 | $8.16M | 0.09% | −4,341−10.9% | Reduced |
| Van Eck Associates Corp | 34,590 | $8.18M | 0.01% | −1,069−3.0% | Reduced |
| Prelude Capital Management, LLC | 34,706 | $8.20M | 0.71% | +2,792+8.7% | Added |
| Eliot Finkel Investment Counsel, LLC | 35,042 | $8.28M | 5.57% | −853−2.4% | Reduced |
| Yousif Capital Management, LLC | 35,209 | $8.32M | 0.10% | −1,578−4.3% | Reduced |
| Lafayette Investments, Inc. | 35,272 | $8.34M | 2.07% | −54−0.2% | Reduced |
| Greenland Capital Management LP | 35,475 | $8.39M | 1.29% | +35,475 | New |
| Cohen Klingenstein LLC | 35,500 | $8.39M | 0.34% | 00.0% | Unchanged |
| Edge Capital Group, LLC | 36,603 | $8.65M | 0.48% | −25,447−41.0% | Reduced |
| Boothbay Fund Management, LLC | 36,619 | $8.66M | 0.32% | +20,567+128.1% | Added |
| Cetera Advisor Networks LLC | 36,657 | $8.67M | 0.05% | −1,642−4.3% | Reduced |
| Rockefeller Capital Management L.P. | 36,827 | $8.71M | 0.03% | +8,784+31.3% | Added |
| Tufton Capital Management | 36,873 | $8.72M | 1.83% | −1,359−3.6% | Reduced |
| Waycross Partners, LLC | 37,549 | $8.88M | 1.66% | −2,665−6.6% | Reduced |
| CIBC Asset Management Inc | 37,557 | $8.88M | 0.03% | −1,515−3.9% | Reduced |
| Commerce Bank | 38,632 | $9.13M | 0.06% | −871−2.2% | Reduced |
| Wealth Enhancement Advisory Services, LLC | 39,044 | $9.23M | 0.03% | −1,053−2.6% | Reduced |
| Utah Retirement Systems | 39,458 | $9.33M | 0.12% | +300+0.8% | Added |
| Czech National Bank | 39,607 | $9.36M | 0.13% | −70−0.2% | Reduced |
| Core Alternative Capital | 39,661 | $9.37M | 1.61% | −8,377−17.4% | Reduced |
| State of Alaska, Department of Revenue | 39,893 | $9.43M | 0.11% | −2,200−5.2% | Reduced |
| Forsta Ap-Fonden | 39,900 | $9.43M | 0.10% | −600−1.5% | Reduced |
| Cambridge Investment Research Advisors, Inc. | 40,328 | $9.53M | 0.04% | −4,225−9.5% | Reduced |
| Zurcher Kantonalbank (Zurich Cantonalbank) | 40,442 | $9.56M | 0.04% | −240−0.6% | Reduced |
| Linscomb & Williams, Inc. | 40,661 | $9.61M | 0.53% | −695−1.7% | Reduced |
| Calamos Advisors LLC | 42,818 | $10.1M | 0.05% | −559−1.3% | Reduced |
| Guggenheim Capital LLC | 42,983 | $10.2M | 0.08% | +3,902+10.0% | Added |
| Kovitz Investment Group Partners, LLC | 43,498 | $10.3M | 0.17% | −1,722−3.8% | Reduced |
| Ensign Peak Advisors, Inc | 43,504 | $10.3M | 0.02% | −3,616−7.7% | Reduced |
| Dillon & Associates Inc | 43,616 | $10.3M | 1.87% | −2,238−4.9% | Reduced |
| Saybrook Capital | 43,548 | $10.3M | 2.86% | 00.0% | Unchanged |
| Heritage Investors Management Corp | 43,857 | $10.4M | 0.39% | −998−2.2% | Reduced |
| Skandinaviska Enskilda Banken AB (publ) | 43,945 | $10.4M | 0.06% | +300+0.7% | Added |
| Polar Capital Holdings Plc | 44,105 | $10.4M | 0.07% | 00.0% | Unchanged |
| Canada Pension Plan Investment Board | 44,465 | $10.5M | 0.01% | −109,520−71.1% | Reduced |
| South Dakota Investment Council | 44,465 | $10.5M | 0.22% | −1,500−3.3% | Reduced |
| Appaloosa LPSuperinvestorAppaloosa | 45,000 | $10.6M | 0.19% | +45,000 | New |
| Blair William & Co | 46,028 | $10.9M | 0.04% | +2,101+4.8% | Added |
| Texas Permanent School Fund | 46,680 | $11.0M | 0.10% | −217−0.5% | Reduced |
| Mercer Global Advisors Inc | 46,910 | $11.1M | 0.03% | +3,795+8.8% | Added |
| Neville Rodie & Shaw Inc | 47,720 | $11.3M | 0.92% | −410−0.9% | Reduced |
| Sequoia Financial Advisors, LLC | 48,029 | $11.4M | 0.14% | +45,353+1,694.8% | Added |
| M. Kraus & Co | 48,093 | $11.4M | 3.70% | −478−1.0% | Reduced |
| Skylands Capital, LLC | 48,265 | $11.4M | 1.68% | −8,260−14.6% | Reduced |
| Swiss Life Asset Management Ltd | 48,435 | $11.5M | 0.14% | +23,532+94.5% | Added |
| ExodusPoint Capital Management, LP | 48,690 | $11.5M | 0.14% | −44,139−47.5% | Reduced |
| Citadel Advisors LLC | 48,765 | $11.5M | 0.01% | +171+0.4% | Added |
| UBS Oconnor LLC | 48,900 | $11.6M | 0.37% | +48,900 | New |
| Tredje AP-fonden | 49,546 | $11.7M | 0.15% | +6,820+16.0% | Added |
| Two Sigma Investments, LP | 49,759 | $11.8M | 0.03% | −384,643−88.5% | Reduced |
| Soros Fund Management LLCSuperinvestorSoros Fund Management | 49,818 | $11.8M | 0.22% | +20,058+67.4% | Added |
| Retirement Systems of Alabama | 49,838 | $11.8M | 0.05% | −136,886−73.3% | Reduced |
| Pittenger & Anderson Inc | 50,752 | $12.0M | 0.54% | −233−0.5% | Reduced |
| Dana Investment Advisors, Inc. | 53,721 | $12.7M | 0.61% | −3,770−6.6% | Reduced |
| USS Investment Management Ltd | 53,826 | $12.7M | 0.11% | −1,835−3.3% | Reduced |