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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
Whittier Trust Co166,554$39.4M0.64%+1,610+1.0%Added
Scopia Capital Management LP164,324$38.8M5.20%+10,276+6.7%Added
Prudential Financial Inc165,320$38.3M0.06%−34,081−17.1%Reduced
CI Private Wealth, LLC160,233$37.9M0.07%+22,048+16.0%Added
Anchor Capital Advisors LLC155,695$36.8M0.97%+24,280+18.5%Added
M&T Bank Corp152,672$36.1M0.13%−1,011−0.7%Reduced
Aviva PLC152,091$36.0M0.13%+18,602+13.9%Added
Cerity Partners LLC150,998$35.7M0.12%+40,861+37.1%Added
HighTower Advisors, LLC144,927$34.2M0.06%+1,128+0.8%Added
Captrust Financial Advisors144,711$34.2M0.12%−1,163−0.8%Reduced
Neuberger Berman Group LLC144,525$34.2M0.03%−2,469−1.7%Reduced
Berkshire Asset Management LLC140,221$33.1M1.89%−509−0.4%Reduced
Fifth Third Bancorp134,167$31.7M0.13%−4,241−3.1%Reduced
Keybank National Association133,983$31.7M0.14%−3,118−2.3%Reduced
Chevy Chase Trust Holdings, Inc.133,300$31.5M0.11%−1,377−1.0%Reduced
Baird Financial Group, Inc.132,849$31.4M0.07%−95−0.1%Reduced
Commonwealth Equity Services, LLC131,823$31.2M0.06%+4,673+3.7%Added
State of Wisconsin Investment Board130,668$30.9M0.09%+3,745+3.0%Added
Citigroup Inc129,461$30.6M0.04%−9,111−6.6%Reduced
Jane Street Group, LLC128,995$30.5M0.04%+94,805+277.3%Added
Connor, Clark & Lunn Investment Management Ltd.128,977$30.5M0.14%+6,657+5.4%Added
Capital Group Private Client Services, Inc.127,243$30.1M0.31%−28,096−18.1%Reduced
State of New Jersey Common Pension Fund D126,159$29.8M0.10%00.0%Unchanged
Assenagon Asset Management S.A.116,952$27.6M0.08%−89,305−43.3%Reduced
Pictet Asset Management Holding SA116,616$27.6M0.03%+616+0.5%Added
Toronto Dominion Bank115,834$27.4M0.04%+5,264+4.8%Added
Public Employees Retirement System of Ohio115,587$27.3M0.11%−240−0.2%Reduced
Manning & Napier Group, LLC114,642$27.1M0.32%−10,536−8.4%Reduced
Raymond James Financial Services Advisors, Inc.114,136$27.0M0.04%+3,795+3.4%Added
State of Tennessee, Treasury Department111,914$26.5M0.10%+75,729+209.3%Added
Janney Montgomery Scott LLC110,756$26.2M0.08%+110,756New
Great West Life Assurance Co110,187$25.9M0.06%+1,997+1.8%Added
Mn Services Vermogensbeheer B.V.109,060$25.8M0.23%−500−0.5%Reduced
Duff & Phelps Investment Management Co104,722$24.8M0.30%+5,473+5.5%Added
Eagle Ridge Investment Management103,488$24.5M2.40%−449−0.4%Reduced
Victory Capital Management Inc102,951$24.3M0.03%−1,430−1.4%Reduced
Treasurer of the State of North Carolina100,860$23.8M0.12%+980+1.0%Added
Glenview Trust Co100,544$23.8M0.58%+5,921+6.3%Added
Handelsbanken Fonder AB99,438$23.5M0.11%+7,547+8.2%Added
Waters Parkerson & Co., LLC98,479$23.3M1.29%+131+0.1%Added
National Bank of Canada98,582$23.2M0.04%−2,039−2.0%Reduced
Buckingham Strategic Wealth, LLC96,384$22.8M0.27%+6,306+7.0%Added
Asset Management One Co.,Ltd.95,133$22.5M0.09%−1,094−1.1%Reduced
Cartenna Capital, LP95,000$22.5M2.35%+95,000New
Hyman Charles D94,716$22.4M1.34%−4,690−4.7%Reduced
Nisa Investment Advisors, LLC92,177$21.8M0.15%+2,658+3.0%Added
Weiss Multi-Strategy Advisers LLC89,085$21.1M0.54%+73,585+474.7%Added
Bartlett & Co. LLC88,063$20.8M0.34%−3,330−3.6%Reduced
Bartlett & Co. Wealth Management LLC88,063$20.8M0.34%−3,330−3.6%Reduced
Alberta Investment Management Corp87,409$20.7M0.19%−5,925−6.3%Reduced
Royal London Asset Management Ltd86,977$20.6M0.06%+6,086+7.5%Added
Comerica Bank85,727$20.3M0.09%−1,126−1.3%Reduced
Taylor Financial Group, Inc.84,344$19.9M16.40%+84,344New
Voya Investment Management LLC83,764$19.8M0.02%−3,744−4.3%Reduced
Earnest Partners LLC81,228$19.2M0.10%−235−0.3%Reduced
TD Asset Management Inc80,261$19.0M0.02%+6,764+9.2%Added
Creative Planning75,402$17.8M0.03%+826+1.1%Added
Macquarie Group Ltd74,092$17.5M0.02%+5,742+8.4%Added
DnB Asset Management AS72,539$17.1M0.09%+4,963+7.3%Added
National Mutual Insurance Federation of Agricultural Cooperatives72,400$17.1M0.19%00.0%Unchanged
Richard C. Young & CO., LTD.70,074$16.6M2.22%−1,028−1.4%Reduced
Whittier Trust Co of Nevada Inc69,974$16.5M0.53%+238+0.3%Added
AMF Pensionsforsakring AB68,809$16.3M0.14%00.0%Unchanged
STRS Ohio66,984$15.8M0.07%−3,654−5.2%Reduced
Geneos Wealth Management Inc.66,280$15.7M0.77%−5,495−7.7%Reduced
DekaBank Deutsche Girozentrale66,233$15.6M0.03%+8,026+13.8%Added
NorthCrest Asset Manangement, LLC65,995$15.6M0.59%−2,483−3.6%Reduced
Appian Way Asset Management LP65,700$15.5M5.03%+65,700New
Arizona State Retirement System63,869$15.1M0.11%−565−0.9%Reduced
Mariner, LLC62,449$14.8M0.04%+6,677+12.0%Added
State of Michigan Retirement System61,890$14.6M0.09%−300−0.5%Reduced
Davidson Investment Advisors61,101$14.4M0.83%+129+0.2%Added
Nomura Asset Management Co Ltd60,221$14.2M0.06%+1,584+2.7%Added
Lowe Brockenbrough & Co Inc59,595$14.1M1.09%−6,563−9.9%Reduced
IFM Investors Pty Ltd58,866$13.9M0.17%−798−1.3%Reduced
Symmetry Investments LP58,034$13.7M2.51%−31,544−35.2%Reduced
Advisor Group Holdings, Inc.57,539$13.6M0.02%−25,646−30.8%Reduced
American International Group, Inc.57,439$13.6M0.06%−715−1.2%Reduced
Kanawha Capital Management LLC56,032$13.2M1.22%−1,779−3.1%Reduced
Brown Advisory Inc55,423$13.1M0.02%−850−1.5%Reduced
MetLife Investment Management54,917$13.0M0.09%−1,238−2.2%Reduced
Ingalls & Snyder LLC54,865$13.0M0.59%−1,051−1.9%Reduced
Amalgamated Bank54,696$12.9M0.10%−3,319−5.7%Reduced
Regions Financial Corp54,658$12.9M0.11%−1,107−2.0%Reduced
Glenmede Trust Co NA54,181$12.8M0.07%−3,096−5.4%Reduced
USS Investment Management Ltd53,826$12.7M0.11%−1,835−3.3%Reduced
Dana Investment Advisors, Inc.53,721$12.7M0.61%−3,770−6.6%Reduced
Pittenger & Anderson Inc50,752$12.0M0.54%−233−0.5%Reduced
Retirement Systems of Alabama49,838$11.8M0.05%−136,886−73.3%Reduced
Soros Fund Management LLCSuperinvestorSoros Fund Management49,818$11.8M0.22%+20,058+67.4%Added
Two Sigma Investments, LP49,759$11.8M0.03%−384,643−88.5%Reduced
Tredje AP-fonden49,546$11.7M0.15%+6,820+16.0%Added
UBS Oconnor LLC48,900$11.6M0.37%+48,900New
Citadel Advisors LLC48,765$11.5M0.01%+171+0.4%Added
ExodusPoint Capital Management, LP48,690$11.5M0.14%−44,139−47.5%Reduced
Swiss Life Asset Management Ltd48,435$11.5M0.14%+23,532+94.5%Added
Skylands Capital, LLC48,265$11.4M1.68%−8,260−14.6%Reduced
M. Kraus & Co48,093$11.4M3.70%−478−1.0%Reduced
Sequoia Financial Advisors, LLC48,029$11.4M0.14%+45,353+1,694.8%Added
Neville Rodie & Shaw Inc47,720$11.3M0.92%−410−0.9%Reduced