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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: 1,592 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 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 20221,592$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 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
Berkshire Asset Management LLC155,748$39.7M1.88%−1,271−0.8%Reduced
M&T Bank Corp147,309$34.6M0.12%−2,392−1.6%Reduced
Korea Investment CORP139,881$32.8M0.08%+62,681+81.2%Added
National Bank of Canada139,238$32.7M0.04%−49,203−26.1%Reduced
CI Private Wealth, LLC137,478$32.3M0.05%−13,452−8.9%Reduced
Anchor Capital Advisors LLC136,003$31.9M0.91%−5,760−4.1%Reduced
Danica Pension, Livsforsikringsaktieselskab135,262$31.7M0.59%+65,500+93.9%Added
Baird Financial Group, Inc.134,666$31.6M0.06%+856+0.6%Added
Regions Financial Corp133,405$31.3M0.23%−137−0.1%Reduced
Capital International Investors131,427$30.8M0.01%+3,913+3.1%Added
Handelsbanken Fonder AB130,541$30.6M0.12%+33,460+34.5%Added
Renaissance Technologies LLC128,000$30.0M0.04%+80,300+168.3%Added
Macquarie Group Ltd136,303$29.9M0.04%+877+0.6%Added
Keybank National Association127,119$29.8M0.11%−1,865−1.4%Reduced
Commonwealth Equity Services, LLC126,080$29.6M0.04%−3,640−2.8%Reduced
Chevy Chase Trust Holdings, Inc.125,933$29.6M0.09%−2,501−1.9%Reduced
Swedbank AB124,882$29.3M0.04%−1,123−0.9%Reduced
State of Wisconsin Investment Board124,794$29.3M0.08%−7,532−5.7%Reduced
Mediolanum International Funds Ltd123,109$28.7M0.37%+76,713+165.3%Added
Canada Pension Plan Investment Board121,123$28.4M0.03%+10,477+9.5%Added
Yaupon Capital Management LP118,902$27.9M1.77%+2,997+2.6%Added
APG Asset Management N.V.123,100$27.9M0.08%+123,100New
Newbrook Capital Advisors LP118,343$27.8M3.56%+118,343New
Universal- Beteiligungs- und Servicegesellschaft mbH118,233$27.7M0.06%+118,233New
Fifth Third Bancorp117,024$27.5M0.10%−2,256−1.9%Reduced
Colony Group, LLC115,141$27.0M0.07%+3,530+3.2%Added
Janney Montgomery Scott LLC112,037$26.3M0.07%+1,628+1.5%Added
Aviva PLC110,442$25.9M0.07%−2,722−2.4%Reduced
Danske Bank A/S108,524$25.5M0.08%+15,341+16.5%Added
Toronto Dominion Bank108,128$25.4M0.05%+27,831+34.7%Added
Calamos Advisors LLC104,818$24.6M0.11%+65,487+166.5%Added
Eagle Ridge Investment Management104,768$24.6M2.15%+360.0%Added
Duff & Phelps Investment Management Co102,137$24.0M0.29%−38,723−27.5%Reduced
Pictet Asset Management Holding SA101,253$23.8M0.03%−931−0.9%Reduced
Susquehanna International Group, LLP100,674$23.6M0.04%+44,327+78.7%Added
Captrust Financial Advisors99,482$23.3M0.07%−3,277−3.2%Reduced
Treasurer of the State of North Carolina99,405$23.3M0.09%+620+0.6%Added
Hudson Bay Capital Management LP97,919$23.0M0.14%+49,249+101.2%Added
State of Tennessee, Treasury Department97,030$22.8M0.08%−4,031−4.0%Reduced
Public Employees Retirement System of Ohio96,026$22.5M0.08%−4,754−4.7%Reduced
Walleye Capital LLC95,132$22.3M0.21%+56,808+148.2%Added
Moore Capital Management, LP94,286$22.1M0.41%+82,509+700.6%Added
Waters Parkerson & Co., LLC94,245$22.1M1.17%+1,250+1.3%Added
Cartenna Capital, LP93,474$21.9M1.62%+93,474New
Citigroup Inc93,208$21.9M0.02%−11,316−10.8%Reduced
Royal London Asset Management Ltd92,824$21.8M0.05%+2,967+3.3%Added
Nisa Investment Advisors, LLC90,504$21.2M0.08%−430.0%Reduced
Victory Capital Management Inc88,488$20.8M0.02%−2,015−2.2%Reduced
Asset Management One Co.,Ltd.86,396$20.3M0.07%+1,222+1.4%Added
TD Asset Management Inc84,662$19.9M0.02%+1,615+1.9%Added
Comerica Bank84,207$19.8M0.08%−2,591−3.0%Reduced
ING Groep NV84,196$19.8M0.13%+66,454+374.6%Added
Taylor Financial Group, Inc.84,013$19.7M13.66%−51−0.1%Reduced
State of New Jersey Common Pension Fund D82,917$19.5M0.08%00.0%Unchanged
Creative Planning82,884$19.5M0.02%−1,480−1.8%Reduced
Eisler Capital Management Ltd.81,381$19.1M0.63%+81,381New
Jain Global LLC79,941$18.8M0.56%+79,941New
Citadel Advisors LLC78,587$18.4M0.02%−231,311−74.6%Reduced
DekaBank Deutsche Girozentrale79,305$18.4M0.03%00.0%Unchanged
KLP Kapitalforvaltning AS75,813$17.8M0.08%+75,813New
Whittier Trust Co of Nevada Inc74,333$17.4M0.43%+1,678+2.3%Added
Bartlett & Co. Wealth Management LLC73,940$17.4M0.25%−2,676−3.5%Reduced
Lansforsakringar Fondforvaltning AB (publ)73,877$17.3M0.10%+73,877New
Sequoia Financial Advisors, LLC73,589$17.3M0.17%+8,340+12.8%Added
DnB Asset Management AS72,944$17.1M0.07%+956+1.3%Added
Kovitz Investment Group Partners, LLC72,386$17.0M0.08%+9,550+15.2%Added
NorthCrest Asset Manangement, LLC70,115$16.5M0.49%+47+0.1%Added
Brown Advisory Inc70,111$16.5M0.02%−937−1.3%Reduced
Tredje AP-fonden70,049$16.4M0.15%−2,197−3.0%Reduced
AMF Pensionsforsakring AB68,809$16.2M0.11%00.0%Unchanged
Wealth Enhancement Advisory Services, LLC68,681$16.1M0.03%+23,918+53.4%Added
Mariner, LLC68,091$16.0M0.03%+1,110+1.7%Added
Nomura Asset Management Co Ltd66,907$15.7M0.05%+251+0.4%Added
Richard C. Young & CO., LTD.66,880$15.7M1.71%−1,244−1.8%Reduced
Kames Capital plc66,537$15.6M0.21%−9,688−12.7%Reduced
Resona Asset Management Co.,Ltd.65,057$15.3M0.09%−4,648−6.7%Reduced
Zimmer Partners, LP65,000$15.3M0.26%+15,000+30.0%Added
Arizona State Retirement System64,889$15.2M0.09%+114+0.2%Added
Geneos Wealth Management Inc.64,680$15.2M0.53%+516+0.8%Added
Glenview Trust Co64,341$15.1M0.28%−33,412−34.2%Reduced
Skylands Capital, LLC63,670$14.9M2.09%+5,900+10.2%Added
IFM Investors Pty Ltd63,518$14.9M0.15%−4,043−6.0%Reduced
Wiley Bros.-Aintree Capital, LLC63,415$14.9M0.18%+17,560+38.3%Added
ExodusPoint Capital Management, LP62,121$14.6M0.15%+62,121New
State of Michigan Retirement System61,390$14.4M0.07%−200−0.3%Reduced
AQR Capital Management LLC60,955$14.3M0.02%+1,929+3.3%Added
Edge Capital Group, LLC60,617$14.2M0.64%+19,008+45.7%Added
MetLife Investment Management59,876$14.1M0.08%+1,086+1.8%Added
Credit Agricole S A59,695$14.0M0.05%+28,592+91.9%Added
Manning & Napier Advisors LLC59,446$14.0M0.16%−4,106−6.5%Reduced
Lowe Brockenbrough & Co Inc59,010$13.8M0.89%−1,467−2.4%Reduced
Trexquant Investment LP58,971$13.8M0.16%+58,971New
STRS Ohio58,165$13.7M0.05%−3,483−5.6%Reduced
Bryn Mawr Trust Co57,528$13.5M0.24%+1,272+2.3%Added
Cetera Investment Advisers56,986$13.4M0.03%+5,833+11.4%Added
Kimelman & Baird, LLC56,880$13.3M1.06%00.0%Unchanged
Beck Bode, LLC56,237$13.2M2.41%+56,237New
HRT Financial LP56,182$13.2M0.07%+56,182New
Davidson Investment Advisors55,068$12.9M0.63%−20,811−27.4%Reduced
Kanawha Capital Management LLC53,208$12.5M0.98%−850−1.6%Reduced