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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, Q1 2024

Institutional positions in Norfolk Southern Corp as of Mar 31, 2024. 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
1,628
+67 vs. Q4 2023
Shares held
169.5M
−152.2K (−0.1%) vs. Q4 2023
Total value
$43.1B
+$3.08B (+7.7%) vs. Q4 2023
New holders
149
508 more added
Sold out
82
586 more reduced

24 institutions that held it in Q4 2023 haven't filed for Q1 2024 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q4 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 holdersQ1 2024: 1,628 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 heldQ1 2024: $43.1B
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, Q1 2024

Shares, value and share of portfolio for each institution holding Norfolk Southern Corp; share changes are against Q4 2023.

Institutions holding NSC in Q1 2024
InstitutionSharesValue% of portfolioChange in sharesAction
Polar Capital Holdings Plc51,413$13.1M0.08%+7,308+16.6%Added
Pittenger & Anderson Inc50,762$12.9M0.53%+100.0%Added
Mercer Global Advisors Inc50,629$12.9M0.04%+3,719+7.9%Added
Varma Mutual Pension Insurance Co50,000$12.7M0.11%+25,619+105.1%Added
Retirement Systems of Alabama49,855$12.7M0.05%+170.0%Added
Marex Group plc48,500$12.4M0.40%+48,500New
M. Kraus & Co47,796$12.2M3.70%−297−0.6%Reduced
Swiss Life Asset Management Ltd47,602$12.1M0.17%−833−1.7%Reduced
Blair William & Co47,459$12.1M0.04%+1,431+3.1%Added
Neville Rodie & Shaw Inc47,120$12.0M0.92%−600−1.3%Reduced
Sequoia Financial Advisors, LLC46,714$11.9M0.15%−1,315−2.7%Reduced
Texas Permanent School Fund46,682$11.9M0.09%+20.0%Added
Amalgamated Bank46,619$11.9M0.10%−8,077−14.8%Reduced
Bryn Mawr Trust Co46,240$11.8M0.45%+46,240New
Skylands Capital, LLC46,180$11.8M1.63%−2,085−4.3%Reduced
Advisor Group Holdings, Inc.45,695$11.6M0.03%−11,844−20.6%Reduced
Cresset Asset Management, LLC45,435$11.6M0.06%+20,481+82.1%Added
Appaloosa LPSuperinvestorAppaloosa45,000$11.5M0.17%00.0%Unchanged
Forsta Ap-Fonden44,800$11.4M0.10%+4,900+12.3%Added
Capital Fund Management S.A.44,490$11.3M0.14%+44,490New
South Dakota Investment Council44,465$11.3M0.24%00.0%Unchanged
Skandinaviska Enskilda Banken AB (publ)43,845$11.2M0.05%−100−0.2%Reduced
Kovitz Investment Group Partners, LLC43,661$11.1M0.14%+163+0.4%Added
Soros Fund Management LLCSuperinvestorSoros Fund Management43,588$11.1M0.26%−6,230−12.5%Reduced
Dillon & Associates Inc43,414$11.1M1.74%−202−0.5%Reduced
Saybrook Capital42,958$10.9M2.89%−590−1.4%Reduced
Heritage Investors Management Corp42,652$10.9M0.38%−1,205−2.7%Reduced
Guggenheim Capital LLC42,121$10.7M0.08%−862−2.0%Reduced
Two Sigma Investments, LP41,849$10.7M0.03%−7,910−15.9%Reduced
BTC Capital Management, Inc.41,786$10.7M0.97%+41,786New
Calamos Advisors LLC41,767$10.6M0.05%−1,051−2.5%Reduced
Wealth Enhancement Advisory Services, LLC41,527$10.6M0.03%+2,483+6.4%Added
Waycross Partners, LLC41,099$10.5M1.80%+3,550+9.5%Added
Cambridge Investment Research Advisors, Inc.40,946$10.4M0.04%+618+1.5%Added
Earnest Partners LLC40,878$10.4M0.05%−40,350−49.7%Reduced
Linscomb & Williams, Inc.40,329$10.3M0.53%−332−0.8%Reduced
Czech National Bank39,744$10.1M0.13%+137+0.3%Added
Squarepoint Ops LLC39,722$10.1M0.04%+33,594+548.2%Added
Bokf, NA39,983$10.1M0.18%+12,692+46.5%Added
Utah Retirement Systems39,412$10.0M0.12%−46−0.1%Reduced
Edge Capital Group, LLC39,251$10.0M0.50%+2,648+7.2%Added
CIBC Asset Management Inc38,307$9.76M0.03%+750+2.0%Added
Zurcher Kantonalbank (Zurich Cantonalbank)38,171$9.73M0.03%−2,271−5.6%Reduced
Mn Services Vermogensbeheer B.V.38,060$9.70M0.07%−71,000−65.1%Reduced
Zimmer Partners, LP37,500$9.56M0.21%+27,000+257.1%Added
Commerce Bank37,453$9.55M0.06%−1,179−3.1%Reduced
SG Americas Securities, LLC36,946$9.42M0.05%+28,712+348.7%Added
Core Alternative Capital36,905$9.41M1.69%−2,756−6.9%Reduced
Tufton Capital Management36,870$9.40M1.85%−30.0%Reduced
Verition Fund Management LLC36,762$9.37M0.09%+29,570+411.2%Added
State of Alaska, Department of Revenue36,233$9.23M0.11%−3,660−9.2%Reduced
Cohen Klingenstein LLC35,500$9.05M0.34%00.0%Unchanged
Capital Group Private Client Services, Inc.35,337$9.01M0.09%−91,906−72.2%Reduced
Lafayette Investments, Inc.35,053$8.93M2.01%−219−0.6%Reduced
Graham Capital Management, L.P.34,935$8.90M0.25%+26,595+318.9%Added
Yousif Capital Management, LLC34,330$8.75M0.10%−879−2.5%Reduced
Brinker Capital Investments, LLC34,223$8.72M0.09%−1,289−3.6%Reduced
Orion Portfolio Solutions, LLC34,223$8.72M0.09%−1,289−3.6%Reduced
Eliot Finkel Investment Counsel, LLC34,190$8.71M5.63%−852−2.4%Reduced
Baker Chad R33,906$8.64M1.84%00.0%Unchanged
Verdence Capital Advisors LLC33,762$8.61M0.78%+5,314+18.7%Added
Klingenstein Fields & Co LP33,564$8.55M0.36%−25−0.1%Reduced
1st Source Bank32,270$8.22M0.48%−222−0.7%Reduced
Meeder Asset Management Inc32,242$8.22M0.52%+23,553+271.1%Added
Federation des caisses Desjardins du Quebec32,229$8.21M0.06%−746−2.3%Reduced
BFSG, LLC32,049$8.17M1.08%−173−0.5%Reduced
Ensign Peak Advisors, Inc32,042$8.17M0.01%−11,462−26.3%Reduced
Trust Co of Vermont31,664$8.07M0.45%+8,409+36.2%Added
Moors & Cabot, Inc.31,082$7.92M0.43%−384−1.2%Reduced
Trust Co of Toledo NA31,015$7.90M1.24%+287+0.9%Added
New York Life Investment Management LLC30,881$7.87M0.08%−1,208−3.8%Reduced
Johnson Investment Counsel Inc30,666$7.82M0.08%−230−0.7%Reduced
Xponance, Inc.30,657$7.81M0.08%+1,753+6.1%Added
Janus Henderson Group PLC30,566$7.78M0.00%−598−1.9%Reduced
Van Eck Associates Corp30,385$7.74M0.01%−4,205−12.2%Reduced
CIBC Private Wealth Group, LLC30,399$7.66M0.02%−204−0.7%Reduced
Schroder Investment Management Group29,792$7.59M0.01%−3,306−10.0%Reduced
Mutual of America Capital Management LLC29,625$7.55M0.08%−695−2.3%Reduced
Bank of Nova Scotia29,513$7.52M0.02%+31+0.1%Added
ProShare Advisors LLC28,756$7.33M0.02%−1,043−3.5%Reduced
Northwestern Mutual Wealth Management Co28,568$7.28M0.01%+360+1.3%Added
Synovus Financial Corp28,234$7.20M0.09%+1,126+4.2%Added
CIBC World Markets Inc.28,160$7.18M0.02%+1,279+4.8%Added
Moore Capital Management, LP28,038$7.15M0.15%+4,082+17.0%Added
Ilmarinen Mutual Pension Insurance Co28,000$7.14M0.09%00.0%Unchanged
Pathstone Holdings, LLC27,928$7.12M0.03%+1,392+5.2%Added
Kornitzer Capital Management Inc27,516$7.01M0.13%−50.0%Reduced
Baxter Bros Inc27,409$6.99M0.90%−272−1.0%Reduced
Pettyjohn, Wood & White, Inc27,197$6.93M1.38%−207−0.8%Reduced
British Columbia Investment Management Corp27,084$6.90M0.05%+949+3.6%Added
BNP PARIBAS ASSET MANAGEMENT Holding S.A.26,913$6.86M0.02%+7,938+41.8%Added
Burns J W & Co Inc26,760$6.82M0.95%−1,665−5.9%Reduced
Gateway Investment Advisers LLC26,707$6.81M0.08%−111−0.4%Reduced
Investment House LLC26,524$6.76M0.40%−150−0.6%Reduced
Nissay Asset Management Corp26,514$6.76M0.05%−863−3.2%Reduced
Farmers National Bank26,392$6.73M2.01%+137+0.5%Added
Carlson Capital L P26,200$6.68M0.54%+4,696+21.8%Added
Uncommon Cents Investing LLC26,125$6.66M2.04%−135−0.5%Reduced
Sumitomo Mitsui DS Asset Management Company, Ltd25,947$6.61M0.08%+1,449+5.9%Added
Huntington National Bank25,710$6.55M0.05%−466−1.8%Reduced