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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
Avestar Capital, LLC1,219$288.1K0.04%−169−12.2%Reduced
Woodward Diversified Capital, LLC1,219$288.2K0.18%00.0%Unchanged
Jackson, Grant Investment Advisers, Inc.1,221$288.6K0.13%00.0%Unchanged
Brevan Howard Capital Management LP1,229$290.5K0.03%+1,229New
Atlas Private Wealth Management1,230$290.7K0.14%00.0%Unchanged
Trustmark National Bank Trust Department1,233$291.5K0.03%00.0%Unchanged
Armstrong Advisory Group, Inc1,235$291.9K0.03%00.0%Unchanged
Norway Savings Bank1,238$292.6K0.13%+1,238New
Beaumont Financial Advisors, LLC1,241$293.3K0.03%−9−0.7%Reduced
Miracle Mile Advisors, LLC1,247$294.8K0.01%+13+1.1%Added
O'Brien Wealth Partners LLC1,249$295.2K0.08%+7+0.6%Added
Day & Ennis, LLC1,250$295.5K0.10%00.0%Unchanged
PFG Investments, LLC1,254$296.3K0.06%−20−1.6%Reduced
Capital Counsel LLC1,255$296.7K0.01%00.0%Unchanged
Schwarz Dygos Wheeler Investment Advisors LLC1,255$296.7K0.09%00.0%Unchanged
TD Private Client Wealth LLC1,258$297.4K0.01%−91−6.7%Reduced
Hazlett, Burt & Watson, Inc.1,255$298.0K0.20%−3−0.2%Reduced
Shepherd Financial Partners LLC1,265$299.0K0.04%+22+1.8%Added
Smith Chas P & Associates Pa Cpas1,264$299.0K0.02%00.0%Unchanged
Gunn & Co Investment Management, Inc.1,264$299.0K0.02%+1,264New
Gsa Capital Partners LLP1,270$300.0K0.03%+1,270New
O'Brien Greene & Co. Inc1,270$300.2K0.11%00.0%Unchanged
Sentry LLC1,272$300.7K0.06%−213−14.3%Reduced
Baldwin Brothers Inc1,280$302.6K0.02%00.0%Unchanged
State of Wyoming1,290$304.9K0.06%+384+42.4%Added
Archer Investment Corp1,291$305.2K0.10%00.0%Unchanged
Janney Capital Management LLC1,299$307.0K0.02%+1,299New
Brandywine Oak Private Wealth LLC1,299$307.1K0.03%00.0%Unchanged
Baker Ellis Asset Management LLC1,300$307.3K0.05%00.0%Unchanged
Lyell Wealth Management, LP1,300$307.3K0.03%+1,300New
Shay Capital LLC1,300$307.3K0.12%+1,300New
Dixon Fnancial Services, Inc.1,301$307.5K0.19%00.0%Unchanged
ORG Partners LLC1,301$307.9K0.05%+407+45.5%Added
Pinnacle Wealth Management Advisory Group, LLC1,315$310.8K0.04%−200−13.2%Reduced
Barnett & Company, Inc.1,318$311.5K0.23%00.0%Unchanged
Cobblestone Capital Advisors LLC1,320$312.0K0.02%00.0%Unchanged
GAMMA Investing LLC1,333$313.6K0.08%+1,333New
Security National Bank of So Dak1,330$314.4K0.21%−100−7.0%Reduced
Coastline Trust Co1,330$314.4K0.04%00.0%Unchanged
Fulton Breakefield Broenniman LLC1,332$314.9K0.03%00.0%Unchanged
Kovack Advisors, Inc.1,339$316.4K0.04%−87−6.1%Reduced
McKinley Carter Wealth Services, Inc.1,339$316.5K0.02%−127−8.7%Reduced
BIP Wealth, LLC1,342$317.2K0.02%−113−7.8%Reduced
McLean Asset Management Corp1,391$318.7K0.12%−22−1.6%Reduced
Slagle Financial, LLC2,716$321.0K0.18%+1,355+99.6%Added
Schwartz Investment Counsel Inc1,359$321.2K0.01%00.0%Unchanged
KCM Investment Advisors LLC1,359$321.2K0.01%00.0%Unchanged
Applied Finance Capital Management, LLC1,360$321.5K0.03%−80−5.6%Reduced
GM Advisory Group, Inc.1,363$322.2K0.02%+300+28.2%Added
Insight Folios Inc1,365$322.7K0.14%+13+1.0%Added
Wealth Alliance1,365$322.7K0.05%−137−9.1%Reduced
Greatmark Investment Partners, Inc.1,375$325.0K0.05%−75−5.2%Reduced
OneAscent Financial Services LLC1,382$327.0K0.04%+1,382New
Kingswood Wealth Advisors, LLC1,387$327.9K0.04%+246+21.6%Added
Fukoku Mutual Life Insurance Co1,390$328.6K0.03%00.0%Unchanged
Moody National Bank Trust Division1,391$328.8K0.03%−2,028−59.3%Reduced
HITE Hedge Asset Management LLC1,392$329.0K0.03%−20,701−93.7%Reduced
Skopos Labs, Inc.1,393$329.3K0.16%+1,393New
SRS Capital Advisors, Inc.1,393$329.3K0.04%+542+63.7%Added
Welch & Forbes LLC1,394$329.5K0.00%−80−5.4%Reduced
Chesley Taft & Associates LLC1,400$330.9K0.02%00.0%Unchanged
Pine Haven Investment Counsel, Inc1,401$331.3K0.31%00.0%Unchanged
One Charles Private Wealth Services, LLC1,404$331.8K0.18%+12+0.9%Added
Wambolt & Associates, LLC1,412$333.8K0.11%−483−25.5%Reduced
Tyler-Stone Wealth Management1,412$333.8K0.17%00.0%Unchanged
Vise Technologies, Inc.1,416$334.7K0.07%−878−38.3%Reduced
Biltmore Family Office, LLC1,419$335.4K0.07%00.0%Unchanged
LexAurum Advisors, LLC1,427$337.3K0.09%+3+0.2%Added
Atlas Capital Advisors LLC1,428$337.6K0.05%00.0%Unchanged
Farther Finance Advisors, LLC1,431$338.2K0.02%+109+8.2%Added
Indiana Trust & Investment Management CO1,434$339.0K0.15%−137−8.7%Reduced
Birch Hill Investment Advisors LLC1,437$339.7K0.02%−226−13.6%Reduced
Shelton Capital Management1,438$339.9K0.01%−65−4.3%Reduced
Malaga Cove Capital, LLC1,441$340.6K0.14%+1,441New
Southeast Asset Advisors Inc.1,457$344.4K0.05%+2+0.1%Added
Cedrus LLC1,458$344.6K0.21%−10−0.7%Reduced
Corton Capital Inc.1,461$345.4K0.11%+1,461New
Doliver Advisors, LP1,463$345.8K0.11%−115−7.3%Reduced
Hendley & Co Inc1,465$346.0K0.13%00.0%Unchanged
Sigma Planning Corp1,469$347.3K0.03%−1,272−46.4%Reduced
CWA Asset Management Group, LLC1,469$347.3K0.02%−49−3.2%Reduced
Bell Bank1,473$348.2K0.03%00.0%Unchanged
Woodard & Co Asset Management Group Inc1,474$348.4K0.10%00.0%Unchanged
Empower Advisory Group, LLC1,479$349.6K0.00%+106+7.7%Added
Pavion Blue Capital, LLC1,480$349.8K0.19%00.0%Unchanged
Trust Point Inc.1,480$349.8K0.03%+1,480New
Credential Qtrade Securities Inc.1,481$350.1K0.02%−136−8.4%Reduced
International Assets Investment Management, LLC1,486$351.3K0.04%+3+0.2%Added
Canal Capital Management, LLC1,490$352.2K0.07%−15−1.0%Reduced
Sage Mountain Advisors LLC1,497$353.9K0.04%−152−9.2%Reduced
American State Bank (Iowa)1,498$354.1K0.23%00.0%Unchanged
Ellis Investment Partners, LLC1,499$354.2K0.08%+9+0.6%Added
Courier Capital LLC1,500$354.6K0.03%00.0%Unchanged
IFP Advisors, Inc1,502$355.1K0.02%−249−14.2%Reduced
South Street Advisors LLC1,510$356.9K0.07%00.0%Unchanged
D'Orazio & Associates, Inc.1,511$357.2K0.06%+67+4.6%Added
W Advisors, LLC1,512$357.3K0.26%+78+5.4%Added
Joel Isaacson & Co., LLC1,523$360.0K0.02%+87+6.1%Added
Eqis Capital Management, Inc.1,527$360.9K0.03%+1,527New
Stratos Wealth Advisors, LLC1,532$362.2K0.02%+374+32.3%Added