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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, 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.

Institutional holdersQ4 2023: 1,585 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 heldQ4 2023: $40.1B
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, Q4 2023

Shares, value and share of portfolio for each institution holding Norfolk Southern Corp; share changes are against Q3 2023.

Institutions holding NSC in Q4 2023
InstitutionSharesValue% of portfolioChange in sharesAction
Rational Advisors LLC156$36.9K0.00%00.0%Unchanged
North Star Investment Management Corp.160$37.8K0.00%+1+0.6%Added
Orion Capital Management LLC160$37.8K0.02%00.0%Unchanged
Hobbs Group Advisors, LLC161$38.0K0.02%+161New
Adirondack Trust Co150$38.0K0.02%00.0%Unchanged
Hallmark Capital Management Inc161$38.1K0.00%00.0%Unchanged
Transcendent Capital Group LLC162$38.3K0.03%+162New
Concord Wealth Partners167$39.5K0.01%−43−20.5%Reduced
Planning Capital Management Corp172$40.6K0.03%+172New
MV Capital Management, Inc.177$41.8K0.01%00.0%Unchanged
Towarzystwo Funduszy Inwestycyjnych Pzu SA185$43.7K0.02%+185New
Voisard Asset Management Group, Inc.189$44.7K0.03%+189New
Newbridge Financial Services Group, Inc.198$46.8K0.02%00.0%Unchanged
AlphaMark Advisors, LLC200$47.0K0.02%00.0%Unchanged
Blackhill Capital Inc200$47.3K0.00%00.0%Unchanged
Cedar Mountain Advisors, LLC200$47.3K0.01%00.0%Unchanged
Financial Management Professionals, Inc.203$48.0K0.01%00.0%Unchanged
JJJ Advisors Inc.213$50.3K0.01%−2−0.9%Reduced
Vima LLC214$50.4K0.12%+214New
Johnson Financial Group, Inc.219$51.8K0.00%−113−34.0%Reduced
Bogart Wealth, LLC220$51.9K0.00%00.0%Unchanged
Prestige Wealth Management Group LLC223$52.7K0.01%+4+1.8%Added
Godsey & Gibb Associates226$53.3K0.01%−41−15.4%Reduced
Bellevue Asset Management, LLC235$55.5K0.05%00.0%Unchanged
Northwest Financial Advisors236$55.8K0.05%+236New
Semmax Financial Advisors Inc.227$57.1K0.02%00.0%Unchanged
Beacon Capital Management, LLC300$59.1K0.02%−5−1.6%Reduced
Ogorek Anthony Joseph256$60.0K0.02%00.0%Unchanged
Rogco, LP262$61.9K0.03%00.0%Unchanged
Zions Bancorporation, N.A.266$62.9K0.00%+59+28.5%Added
Bay Harbor Wealth Management, LLC268$63.3K0.02%00.0%Unchanged
Tennessee Valley Asset Management Partners271$64.0K0.02%+271New
Silvant Capital Management LLC275$65.0K0.00%00.0%Unchanged
Sittner & Nelson, LLC276$65.2K0.03%00.0%Unchanged
Cape Investment Advisory, Inc.283$66.9K0.03%00.0%Unchanged
Eagle Bay Advisors LLC289$68.3K0.04%−24−7.7%Reduced
Tortoise Investment Management, LLC289$68.3K0.01%00.0%Unchanged
Oliver Lagore Vanvalin Investment Group298$70.4K0.03%00.0%Unchanged
Thompson Investment Management, Inc.300$70.9K0.01%00.0%Unchanged
BOK Financial Private Wealth, Inc.300$70.9K0.01%00.0%Unchanged
Contravisory Investment Management, Inc.300$70.9K0.02%00.0%Unchanged
MidAtlantic Capital Management, Inc.300$70.9K0.07%+300New
Ulland Investment Advisors, LLC300$71.0K0.07%00.0%Unchanged
Criterion Capital Advisors, LLC304$71.9K0.05%+304New
EntryPoint Capital, LLC310$73.3K0.07%+310New
Annapolis Financial Services, LLC313$74.0K0.02%00.0%Unchanged
Mondrian Investment Partners LTD327$77.3K0.00%00.0%Unchanged
Moisand Fitzgerald Tamayo, LLC332$78.5K0.01%−22−6.2%Reduced
Carmichael Hill & Associates, Inc.338$79.9K0.04%+338New
Stephens Consulting, LLC339$80.1K0.03%00.0%Unchanged
American National Bank342$80.8K0.01%−10−2.8%Reduced
Annis Gardner Whiting Capital Advisors, LLC344$81.4K0.04%+11+3.3%Added
Kathleen S. Wright Associates Inc.363$85.8K0.04%+2+0.6%Added
Horrell Capital Management, Inc.362$86.0K0.03%00.0%Unchanged
Atticus Wealth Management, LLC365$86.3K0.03%00.0%Unchanged
FSA Wealth Management LLC378$89.0K0.04%+378New
Acima Private Wealth, LLC383$90.5K0.04%00.0%Unchanged
Perkins Coie Trust Co395$93.4K0.02%−2−0.5%Reduced
Global Financial Private Client, LLC396$93.6K0.04%00.0%Unchanged
Bruce G. Allen Investments, LLC399$94.3K0.09%+399New
Webster Bank, N. A.400$94.6K0.01%00.0%Unchanged
Riggs Asset Managment Co. Inc.400$94.6K0.03%00.0%Unchanged
Providence Capital Advisors, LLC400$94.6K0.02%00.0%Unchanged
GPS Wealth Strategies Group, LLC400$94.6K0.02%−122−23.4%Reduced
CKW Financial Group400$95.0K0.01%+100+33.3%Added
Deseret Mutual Benefit Administrators403$95.3K0.05%−53−11.6%Reduced
Sound Income Strategies, LLC403$95.3K0.01%00.0%Unchanged
Strategic Investment Solutions, Inc.417$98.6K0.02%−18,792−97.8%Reduced
Chilton Capital Management LLC425$100.5K0.01%00.0%Unchanged
Quent Capital, LLC426$100.7K0.01%+64+17.7%Added
Piscataqua Savings Bank445$105.2K0.10%00.0%Unchanged
Hollencrest Capital Management450$106.4K0.01%00.0%Unchanged
Rosenberg Matthew Hamilton453$107.1K0.03%−8−1.7%Reduced
Gradient Investments LLC456$107.7K0.00%+29+6.8%Added
AllSquare Wealth Management LLC465$109.9K0.07%00.0%Unchanged
Duncker Streett & Co Inc470$111.1K0.02%00.0%Unchanged
Centerpoint Advisors, LLC475$112.0K0.04%00.0%Unchanged
Addison Advisors LLC477$112.8K0.04%00.0%Unchanged
Glassman Wealth Services482$113.9K0.02%−21−4.2%Reduced
Hexagon Capital Partners LLC488$115.4K0.03%+38+8.4%Added
First United Bank Trust495$117.0K0.05%+495New
Arcadia Investment Management Corp500$118.2K0.02%00.0%Unchanged
Washington Trust Advisors, Inc.500$118.2K0.01%00.0%Unchanged
Peoples Bank505$119.4K0.10%00.0%Unchanged
Assetmark, Inc520$122.9K0.00%+9+1.8%Added
Motco535$126.5K0.01%00.0%Unchanged
Investors Research Corp546$129.1K0.03%00.0%Unchanged
Clean Yield Group550$130.0K0.05%00.0%Unchanged
Livelsberger Financial Advisory558$131.9K0.12%+558New
First Financial Corp559$132.1K0.07%+99+21.5%Added
Manchester Capital Management LLC570$134.7K0.02%−653−53.4%Reduced
Capital Advisors, Ltd. LLC573$135.0K0.02%00.0%Unchanged
Apexium Financial, LP100,112$137.7K0.01%+100,112New
Cassady Schiller Wealth Management, LLC591$139.7K0.07%00.0%Unchanged
Centaurus Financial, Inc.593$140.0K0.01%+9+1.5%Added
Proffitt & Goodson Inc612$144.7K0.03%00.0%Unchanged
Grove Bank & Trust612$144.7K0.03%+56+10.1%Added
Resurgent Financial Advisors LLC613$144.9K0.09%+23+3.9%Added
AdvisorNet Financial, Inc627$148.2K0.01%+34+5.7%Added
Mark Sheptoff Financial Planning, LLC650$153.6K0.09%00.0%Unchanged