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 |
|---|---|---|---|---|---|
| Mercer Global Advisors Inc | 46,910 | $11.1M | 0.03% | +3,795+8.8% | Added |
| Texas Permanent School Fund | 46,680 | $11.0M | 0.10% | −217−0.5% | Reduced |
| Blair William & Co | 46,028 | $10.9M | 0.04% | +2,101+4.8% | Added |
| Appaloosa LPSuperinvestorAppaloosa | 45,000 | $10.6M | 0.19% | +45,000 | New |
| South Dakota Investment Council | 44,465 | $10.5M | 0.22% | −1,500−3.3% | Reduced |
| Canada Pension Plan Investment Board | 44,465 | $10.5M | 0.01% | −109,520−71.1% | Reduced |
| Polar Capital Holdings Plc | 44,105 | $10.4M | 0.07% | 00.0% | Unchanged |
| Skandinaviska Enskilda Banken AB (publ) | 43,945 | $10.4M | 0.06% | +300+0.7% | Added |
| Heritage Investors Management Corp | 43,857 | $10.4M | 0.39% | −998−2.2% | Reduced |
| Saybrook Capital | 43,548 | $10.3M | 2.86% | 00.0% | Unchanged |
| Dillon & Associates Inc | 43,616 | $10.3M | 1.87% | −2,238−4.9% | Reduced |
| Ensign Peak Advisors, Inc | 43,504 | $10.3M | 0.02% | −3,616−7.7% | Reduced |
| Kovitz Investment Group Partners, LLC | 43,498 | $10.3M | 0.17% | −1,722−3.8% | Reduced |
| Guggenheim Capital LLC | 42,983 | $10.2M | 0.08% | +3,902+10.0% | Added |
| Calamos Advisors LLC | 42,818 | $10.1M | 0.05% | −559−1.3% | Reduced |
| Linscomb & Williams, Inc. | 40,661 | $9.61M | 0.53% | −695−1.7% | Reduced |
| Zurcher Kantonalbank (Zurich Cantonalbank) | 40,442 | $9.56M | 0.04% | −240−0.6% | Reduced |
| Cambridge Investment Research Advisors, Inc. | 40,328 | $9.53M | 0.04% | −4,225−9.5% | Reduced |
| Forsta Ap-Fonden | 39,900 | $9.43M | 0.10% | −600−1.5% | Reduced |
| State of Alaska, Department of Revenue | 39,893 | $9.43M | 0.11% | −2,200−5.2% | Reduced |
| Core Alternative Capital | 39,661 | $9.37M | 1.61% | −8,377−17.4% | Reduced |
| Czech National Bank | 39,607 | $9.36M | 0.13% | −70−0.2% | Reduced |
| Utah Retirement Systems | 39,458 | $9.33M | 0.12% | +300+0.8% | Added |
| Wealth Enhancement Advisory Services, LLC | 39,044 | $9.23M | 0.03% | −1,053−2.6% | Reduced |
| Commerce Bank | 38,632 | $9.13M | 0.06% | −871−2.2% | Reduced |
| CIBC Asset Management Inc | 37,557 | $8.88M | 0.03% | −1,515−3.9% | Reduced |
| Waycross Partners, LLC | 37,549 | $8.88M | 1.66% | −2,665−6.6% | Reduced |
| Tufton Capital Management | 36,873 | $8.72M | 1.83% | −1,359−3.6% | Reduced |
| Rockefeller Capital Management L.P. | 36,827 | $8.71M | 0.03% | +8,784+31.3% | Added |
| Cetera Advisor Networks LLC | 36,657 | $8.67M | 0.05% | −1,642−4.3% | Reduced |
| Boothbay Fund Management, LLC | 36,619 | $8.66M | 0.32% | +20,567+128.1% | Added |
| Edge Capital Group, LLC | 36,603 | $8.65M | 0.48% | −25,447−41.0% | Reduced |
| Cohen Klingenstein LLC | 35,500 | $8.39M | 0.34% | 00.0% | Unchanged |
| Greenland Capital Management LP | 35,475 | $8.39M | 1.29% | +35,475 | New |
| Lafayette Investments, Inc. | 35,272 | $8.34M | 2.07% | −54−0.2% | Reduced |
| Yousif Capital Management, LLC | 35,209 | $8.32M | 0.10% | −1,578−4.3% | Reduced |
| Eliot Finkel Investment Counsel, LLC | 35,042 | $8.28M | 5.57% | −853−2.4% | Reduced |
| Prelude Capital Management, LLC | 34,706 | $8.20M | 0.71% | +2,792+8.7% | Added |
| Van Eck Associates Corp | 34,590 | $8.18M | 0.01% | −1,069−3.0% | Reduced |
| 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 |
| Baker Chad R | 33,906 | $8.01M | 1.80% | 00.0% | Unchanged |
| Klingenstein Fields & Co LP | 33,589 | $7.94M | 0.35% | −88−0.3% | Reduced |
| Schroder Investment Management Group | 33,098 | $7.82M | 0.01% | −25,713−43.7% | Reduced |
| Federation des caisses Desjardins du Quebec | 32,975 | $7.79M | 0.07% | −1,955−5.6% | Reduced |
| 1st Source Bank | 32,492 | $7.68M | 0.46% | −427−1.3% | Reduced |
| Beacon Pointe Advisors, LLC | 32,469 | $7.68M | 0.09% | +150.0% | Added |
| BFSG, LLC | 32,222 | $7.62M | 1.11% | −850−2.6% | Reduced |
| New York Life Investment Management LLC | 32,089 | $7.59M | 0.08% | −365−1.1% | Reduced |
| Moors & Cabot, Inc. | 31,466 | $7.44M | 0.46% | +191+0.6% | Added |
| Janus Henderson Group PLC | 31,164 | $7.37M | 0.00% | −12,236−28.2% | Reduced |
| Teacher Retirement System of Texas | 31,008 | $7.33M | 0.05% | −20,040−39.3% | Reduced |
| Johnson Investment Counsel Inc | 30,896 | $7.30M | 0.09% | −844−2.7% | Reduced |
| Trust Co of Toledo NA | 30,728 | $7.26M | 1.25% | −970−3.1% | Reduced |
| CIBC Private Wealth Group, LLC | 30,603 | $7.23M | 0.02% | +2,301+8.1% | Added |
| Fjarde Ap-Fonden /Fourth Swedish National Pension Fund | 30,577 | $7.23M | 0.09% | −21,600−41.4% | Reduced |
| Mutual of America Capital Management LLC | 30,320 | $7.17M | 0.08% | −1,507−4.7% | Reduced |
| HM Payson & Co | 29,818 | $7.05M | 0.15% | −586−1.9% | Reduced |
| ProShare Advisors LLC | 29,799 | $7.04M | 0.02% | −8,441−22.1% | Reduced |
| Bank of Nova Scotia | 29,482 | $6.97M | 0.01% | −167,964−85.1% | Reduced |
| CIBC World Markets Corp | 29,130 | $6.89M | 0.04% | +16,600+132.5% | Added |
| Xponance, Inc. | 28,904 | $6.83M | 0.08% | +622+2.2% | Added |
| Tower Research Capital LLC (TRC) | 28,501 | $6.74M | 0.08% | +11,500+67.6% | Added |
| Verdence Capital Advisors LLC | 28,448 | $6.72M | 0.65% | +1,541+5.7% | Added |
| Burns J W & Co Inc | 28,425 | $6.72M | 0.99% | −356−1.2% | Reduced |
| Northwestern Mutual Wealth Management Co | 28,208 | $6.67M | 0.01% | −175−0.6% | Reduced |
| Ilmarinen Mutual Pension Insurance Co | 28,000 | $6.62M | 0.09% | 00.0% | Unchanged |
| Baxter Bros Inc | 27,681 | $6.54M | 0.91% | −176−0.6% | Reduced |
| Kornitzer Capital Management Inc | 27,521 | $6.51M | 0.13% | −103−0.4% | Reduced |
| Pettyjohn, Wood & White, Inc | 27,404 | $6.48M | 1.40% | −408−1.5% | Reduced |
| Nissay Asset Management Corp | 27,377 | $6.47M | 0.05% | +924+3.5% | Added |
| Bokf, NA | 27,291 | $6.45M | 0.13% | +182+0.7% | Added |
| Synovus Financial Corp | 27,108 | $6.41M | 0.09% | −96−0.4% | Reduced |
| CIBC World Markets Inc. | 26,881 | $6.35M | 0.02% | −749−2.7% | Reduced |
| Gateway Investment Advisers LLC | 26,818 | $6.34M | 0.07% | +120+0.4% | Added |
| Pathstone Holdings, LLC | 26,536 | $6.31M | 0.03% | +26,536 | New |
| Investment House LLC | 26,674 | $6.31M | 0.45% | −509−1.9% | Reduced |
| Banco Bilbao Vizcaya Argentaria, S.A. | 26,318 | $6.22M | 0.07% | −555−2.1% | Reduced |
| Uncommon Cents Investing LLC | 26,260 | $6.21M | 2.05% | +690+2.7% | Added |
| Farmers National Bank | 26,255 | $6.21M | 1.99% | +154+0.6% | Added |
| Huntington National Bank | 26,176 | $6.19M | 0.06% | −2,682−9.3% | Reduced |
| British Columbia Investment Management Corp | 26,135 | $6.18M | 0.05% | +5,427+26.2% | Added |
| Portland Global Advisors LLC | 25,887 | $6.12M | 0.92% | +525+2.1% | Added |
| Estabrook Capital Management | 25,778 | $6.09M | 1.00% | −359−1.4% | Reduced |
| Kerrisdale Advisers, LLC | 25,668 | $6.07M | 1.81% | 00.0% | Unchanged |
| Jade Capital Advisors, LLC | 25,000 | $5.91M | 3.59% | −5,000−16.7% | Reduced |
| Cresset Asset Management, LLC | 24,954 | $5.90M | 0.04% | −15,655−38.6% | Reduced |
| TD Waterhouse Canada Inc. | 24,288 | $5.85M | 0.05% | −1,753−6.7% | Reduced |
| Sumitomo Mitsui DS Asset Management Company, Ltd | 24,498 | $5.79M | 0.08% | +54+0.2% | Added |
| Varma Mutual Pension Insurance Co | 24,381 | $5.76M | 0.06% | −19,193−44.0% | Reduced |
| Capital Investment Advisors, LLC | 24,190 | $5.72M | 0.14% | +90.0% | Added |
| Moore Capital Management, LP | 23,956 | $5.66M | 0.14% | +23,956 | New |
| Private Advisor Group, LLC | 23,358 | $5.52M | 0.04% | −1,912−7.6% | Reduced |
| Trust Co of Vermont | 23,255 | $5.50M | 0.37% | −4,581−16.5% | Reduced |
| Atria Investments LLC | 23,208 | $5.49M | 0.08% | −455−1.9% | Reduced |
| Bridgeway Capital Management, LLC | 23,100 | $5.46M | 0.12% | −1,000−4.1% | Reduced |
| Prudential PLC | 22,965 | $5.43M | 0.06% | +170+0.7% | Added |
| Natixis | 22,947 | $5.42M | 0.04% | +10,776+88.5% | Added |
| Rafferty Asset Management, LLC | 22,763 | $5.38M | 0.02% | +944+4.3% | Added |
| Thompson Siegel & Walmsley LLC | 22,668 | $5.36M | 0.09% | −290−1.3% | Reduced |