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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 2024

Institutional positions in Norfolk Southern Corp as of Dec 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
1,686
+104 vs. Q3 2024
Shares held
174.5M
+3.01M (+1.8%) vs. Q3 2024
Total value
$41.0B
−$1.32B (−3.1%) vs. Q3 2024
New holders
201
515 more added
Sold out
97
585 more reduced

30 institutions that held it in Q3 2024 haven't filed for Q4 2024 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q3 2024: 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 2024: 1,686 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: 1,590 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 2024: $41.0B
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 20221,590$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 2024

Shares, value and share of portfolio for each institution holding Norfolk Southern Corp; share changes are against Q3 2024.

Institutions holding NSC in Q4 2024
InstitutionSharesValue% of portfolioChange in sharesAction
Vanguard Group Inc20,089,164$4.71B0.08%+139,485+0.7%Added
BlackRock, Inc.14,966,353$3.51B0.07%+378,698+2.6%Added
Dodge & Cox10,689,209$2.51B1.46%−173,630−1.6%Reduced
State Street Corp9,435,852$2.21B0.09%+105,003+1.1%Added
Price T Rowe Associates Inc8,608,080$2.02B0.23%+918,559+11.9%Added
JPMorgan Chase & Co7,516,319$1.76B0.14%−301,317−3.9%Reduced
Geode Capital Management, LLC4,694,573$1.10B0.09%+113,648+2.5%Added
Lazard Asset Management LLC4,414,968$1.04B1.52%−1,291,607−22.6%Reduced
Boston Partners4,020,392$945.4M1.15%+580,293+16.9%Added
EdgePoint Investment Group Inc.3,968,582$931.4M7.36%+75,865+1.9%Added
FMR LLC3,073,933$721.5M0.04%+371,589+13.8%Added
American Century Companies Inc2,939,026$689.8M0.40%−1,958−0.1%Reduced
Northern Trust Corp2,870,443$673.7M0.10%+233,927+8.9%Added
Bank of America Corp2,844,414$667.6M0.06%−131,250−4.4%Reduced
Morgan Stanley2,476,455$581.2M0.04%−95,508−3.7%Reduced
Norges Bank2,333,085$547.6M0.07%−74,560−3.1%Reduced
Dimensional Fund Advisors LP1,916,261$449.7M0.11%+230,225+13.7%Added
Invesco Ltd.1,912,486$448.9M0.08%+143,915+8.1%Added
Bank of New York Mellon Corp1,841,982$432.3M0.08%+6,721+0.4%Added
Legal & General Group Plc1,783,397$418.6M0.11%−166,197−8.5%Reduced
London Co of Virginia1,634,041$383.5M2.10%−89,757−5.2%Reduced
Capital World Investors1,627,067$381.9M0.06%+7380.0%Added
Deutsche Bank AG1,552,238$364.3M0.14%+226,931+17.1%Added
UBS Group AG1,452,177$340.8M0.08%+551,643+61.3%Added
Charles Schwab Investment Management Inc1,414,571$332.0M0.06%+40,662+3.0%Added
Amundi1,302,635$308.6M0.11%+469,558+56.4%Added
Goldman Sachs Group Inc1,313,944$308.4M0.06%+34,042+2.7%Added
Wells Fargo & Company1,305,665$306.4M0.07%−760,909−36.8%Reduced
UBS Asset Management Americas Inc1,210,507$284.1M0.07%+186,782+18.2%Added
Stifel Financial Corp1,162,985$273.0M0.28%+24,132+2.1%Added
FIL Ltd1,093,353$256.6M0.24%−198,176−15.3%Reduced
Neuberger Berman Group LLC1,073,129$251.9M0.20%+657,467+158.2%Added
Ancora Advisors, LLC1,007,759$236.5M5.28%−108,335−9.7%Reduced
Fisher Asset Management, LLC974,264$228.7M0.09%+10,448+1.1%Added
Mirae Asset Global ETFs Holdings Ltd.974,193$228.6M0.48%+52,317+5.7%Added
Mitsubishi UFJ Trust & Banking Corp939,322$220.7M0.52%+104,853+12.6%Added
Hotchkis & Wiley Capital Management LLC828,703$194.5M0.65%−7,637−0.9%Reduced
Royal Bank of Canada783,925$184.0M0.04%−49,366−5.9%Reduced
Magellan Asset Management Ltd761,645$178.8M1.96%−25,437−3.2%Reduced
Primecap Management Co673,200$158.0M0.12%+214,700+46.8%Added
Manufacturers Life Insurance Company, The671,680$157.6M0.14%+501,053+293.7%Added
Swiss National Bank638,700$149.9M0.10%−31,900−4.8%Reduced
Massachusetts Financial Services Co602,161$141.3M0.04%−1,858−0.3%Reduced
Cincinnati Financial Corp587,687$137.9M3.02%00.0%Unchanged
Alliancebernstein L.P.560,321$131.5M0.04%−326,878−36.8%Reduced
Davenport & Co LLC540,231$126.6M0.74%+83,245+18.2%Added
Sumitomo Mitsui Trust Holdings, Inc.536,823$126.0M0.09%+3,364+0.6%Added
Assenagon Asset Management S.A.531,755$124.8M0.22%+206,485+63.5%Added
Nuveen Asset Management, LLC518,170$121.6M0.03%+22,005+4.4%Added
Franklin Resources Inc515,302$120.9M0.03%+299,096+138.3%Added
National Pension Service506,129$118.8M0.11%−14,691−2.8%Reduced
Envestnet Asset Management Inc466,689$109.5M0.04%+118,445+34.0%Added
Ameriprise Financial Inc458,872$107.7M0.03%+52,040+12.8%Added
Raymond James Financial Inc448,336$105.2M0.04%+448,336New
Holocene Advisors, LP438,059$102.8M0.33%−56,097−11.4%Reduced
Public Employees Retirement Association of Colorado424,048$99.5M0.40%−17,119−3.9%Reduced
Rhumbline Advisers423,757$99.5M0.09%−7,957−1.8%Reduced
HSBC Holdings PLC389,330$91.5M0.06%+10,620+2.8%Added
The PNC Financial Services Group, Inc.386,833$90.8M0.06%−6,435−1.6%Reduced
Standard Life Aberdeen plc380,572$89.3M0.17%−24,094−6.0%Reduced
Mitsubishi UFJ Kokusai Asset Management Co., Ltd.362,888$85.6M0.08%+31,468+9.5%Added
Arrowstreet Capital, Limited Partnership357,722$84.0M0.07%+20,440+6.1%Added
Barclays PLC337,647$79.2M0.04%−115,440−25.5%Reduced
California State Teachers Retirement System335,552$78.8M0.09%−15,231−4.3%Reduced
BNP Paribas Arbitrage, SA331,673$77.8M0.06%−88,656−21.1%Reduced
Cbre Clarion Securities LLC322,202$75.6M1.34%+322,202New
Natixis Advisors, L.P.311,501$73.1M0.14%+25,090+8.8%Added
Millennium Management LLC299,380$70.3M0.06%+148,833+98.9%Added
Corvex Management LP297,431$69.8M2.54%+24,600+9.0%Added
HighTower Advisors, LLC286,937$67.3M0.09%+85,766+42.6%Added
Clearstead Advisors, LLC285,267$67.0M1.02%−11,813−4.0%Reduced
Commonwealth of Pennsylvania Public School Empls Retrmt Sys282,753$66.4M0.41%−37,887−11.8%Reduced
Prudential Financial Inc279,990$65.7M0.09%+132,328+89.6%Added
D. E. Shaw & Co., Inc.271,123$63.6M0.07%−137,678−33.7%Reduced
California Public Employees Retirement System270,426$63.5M0.04%−20,984−7.2%Reduced
New York State Common Retirement Fund269,620$63.3M0.08%00.0%Unchanged
Squarepoint Ops LLC265,904$62.4M0.16%+259,818+4,269.1%Added
Bank of Montreal265,880$62.4M0.03%+2,374+0.9%Added
Cincinnati Insurance Co264,400$62.1M1.10%00.0%Unchanged
Marshall Wace, LLP255,508$60.0M0.08%−434,820−63.0%Reduced
Principal Financial Group Inc253,289$59.4M0.03%−1,911−0.7%Reduced
LPL Financial LLC248,574$58.3M0.02%−3,277−1.3%Reduced
SEI Investments Co247,230$58.0M0.07%+366+0.1%Added
Truist Financial Corp240,796$56.5M0.09%+21,335+9.7%Added
Markel Group Inc.SuperinvestorMarkel Group229,500$53.9M0.47%00.0%Unchanged
Allianz Asset Management GmbH220,157$51.7M0.07%+13,591+6.6%Added
Reaves W H & Co Inc219,300$51.5M1.36%+41,700+23.5%Added
First Trust Advisors LP217,830$51.1M0.05%+13,347+6.5%Added
State Board of Administration of Florida Retirement System213,515$50.1M0.10%−7,583−3.4%Reduced
Great West Life Assurance Co205,091$48.2M0.08%+7,617+3.9%Added
Cohen & Steers, Inc.204,941$48.1M0.09%−257,068−55.6%Reduced
US Bancorp197,633$46.4M0.06%−2,162−1.1%Reduced
Aristotle Atlantic Partners, LLC193,406$45.4M1.43%−10,456−5.1%Reduced
Zacks Investment Management191,884$45.0M0.42%+191,884New
Cerity Partners LLC181,425$43.3M0.09%−21,893−10.8%Reduced
Cornerstone Investment Partners, LLC179,943$42.2M2.10%−24,005−11.8%Reduced
Adage Capital Partners GP, L.L.C.178,752$42.0M0.07%+72,298+67.9%Added
Whittier Trust Co176,892$41.5M0.55%+944+0.5%Added
New York State Teachers Retirement System171,174$40.2M0.08%−8,945−5.0%Reduced
Russell Investments Group, Ltd.170,018$39.9M0.06%−1,079−0.6%Reduced