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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
Sanctuary Advisors, LLC47,712$12.3M0.08%+1,465+3.2%Added
Corebridge Financial, Inc.51,998$12.2M0.07%−2,456−4.5%Reduced
UBS Oconnor LLC51,660$12.1M0.30%−900−1.7%Reduced
Ingalls & Snyder LLC51,647$12.1M0.48%+1,148+2.3%Added
USS Investment Management Ltd50,503$11.9M0.09%−7,410−12.8%Reduced
Czech National Bank49,054$11.5M0.11%+2,996+6.5%Added
Retirement Systems of Alabama48,984$11.5M0.04%−49−0.1%Reduced
Varma Mutual Pension Insurance Co48,210$11.3M0.09%−15,200−24.0%Reduced
Quantbot Technologies LP48,141$11.3M0.41%+48,141New
Tenere Capital LLC47,196$11.1M2.93%00.0%Unchanged
Ossiam46,996$11.0M0.19%+44,372+1,691.0%Added
Junto Capital Management LP46,800$11.0M0.22%−7,037−13.1%Reduced
Dillon & Associates Inc46,463$10.9M1.51%+457+1.0%Added
Rockefeller Capital Management L.P.45,713$10.7M0.03%−232−0.5%Reduced
Skandinaviska Enskilda Banken AB (publ)45,854$10.7M0.05%−100−0.2%Reduced
Neville Rodie & Shaw Inc45,585$10.7M0.78%−105−0.2%Reduced
Twinbeech Capital LP45,342$10.6M0.18%−168,375−78.8%Reduced
Forsta Ap-Fonden45,300$10.6M0.08%+200+0.4%Added
Zurcher Kantonalbank (Zurich Cantonalbank)45,028$10.6M0.03%+49+0.1%Added
Voya Investment Management LLC44,959$10.6M0.01%−3,315−6.9%Reduced
M. Kraus & Co44,851$10.5M3.16%−585−1.3%Reduced
Verition Fund Management LLC44,819$10.5M0.05%−14,750−24.8%Reduced
CIBC Asset Management Inc44,743$10.5M0.03%+997+2.3%Added
Alberta Investment Management Corp43,972$10.3M0.07%−37,427−46.0%Reduced
Blair William & Co43,435$10.2M0.03%−1,211−2.7%Reduced
Amalgamated Bank43,344$10.2M0.08%−1,079−2.4%Reduced
British Columbia Investment Management Corp43,297$10.2M0.06%+5,601+14.9%Added
CIBC Private Wealth Group, LLC42,716$10.1M0.02%−107−0.2%Reduced
Brevan Howard Capital Management LP43,054$10.1M0.25%+35,531+472.3%Added
Capital Fund Management S.A.42,918$10.1M0.10%−20,680−32.5%Reduced
South Dakota Investment Council42,692$10.0M0.20%−322−0.7%Reduced
Glenmede Trust Co NA42,601$10.0M0.05%−5,204−10.9%Reduced
Polar Asset Management Partners Inc.42,600$10.0M0.15%+42,600New
Mercer Global Advisors Inc41,946$9.84M0.02%−15,164−26.6%Reduced
Federation des caisses Desjardins du Quebec40,956$9.61M0.05%+1,534+3.9%Added
Heritage Investors Management Corp40,245$9.45M0.30%−521−1.3%Reduced
Linscomb & Williams, Inc.39,786$9.34M0.46%−46−0.1%Reduced
Mn Services Vermogensbeheer B.V.39,460$9.26M0.06%+1,000+2.6%Added
Ensign Peak Advisors, Inc39,143$9.19M0.02%+431+1.1%Added
Y-Intercept (Hong Kong) Ltd38,408$9.01M0.60%+38,408New
Commerce Bank38,104$8.94M0.06%−1,231−3.1%Reduced
Cambridge Investment Research Advisors, Inc.37,785$8.87M0.03%−5,398−12.5%Reduced
Utah Retirement Systems37,512$8.80M0.10%+100+0.3%Added
Advisor Group Holdings, Inc.45,881$8.79M0.02%+8,908+24.1%Added
Teacher Retirement System of Texas37,096$8.71M0.03%+34,346+1,248.9%Added
BTC Capital Management, Inc.37,061$8.69M0.81%−1,079−2.8%Reduced
Ilmarinen Mutual Pension Insurance Co36,500$8.57M0.07%+8,500+30.4%Added
Cresset Asset Management, LLC36,413$8.55M0.04%−10,472−22.3%Reduced
Saybrook Capital36,357$8.53M2.28%+310+0.9%Added
Bokf, NA36,087$8.44M0.14%−309−0.8%Reduced
CIBC World Markets Corp35,689$8.38M0.05%+5,035+16.4%Added
W.G. Shaheen & Associates DBA Whitney & Co35,648$8.37M0.88%+236+0.7%Added
Cohen Klingenstein LLC35,500$8.33M0.29%00.0%Unchanged
Tufton Capital Management35,314$8.29M1.57%+31+0.1%Added
Jane Street Group, LLC35,198$8.26M0.01%−20,489−36.8%Reduced
Schonfeld Strategic Advisors LLC34,910$8.19M0.05%−166,157−82.6%Reduced
Guggenheim Capital LLC34,580$8.12M0.07%+210+0.6%Added
Verdence Capital Advisors LLC34,391$8.07M0.65%−1,323−3.7%Reduced
Earnest Partners LLC34,142$8.01M0.04%−6,558−16.1%Reduced
Lafayette Investments, Inc.33,920$7.96M1.71%−374−1.1%Reduced
Baker Chad R33,906$7.96M1.56%00.0%Unchanged
Trajan Wealth LLC33,853$7.95M0.44%+2,344+7.4%Added
MML Investors Services, LLC33,472$7.86M0.03%+15,569+87.0%Added
Bank of Nova Scotia33,277$7.81M0.01%−20,904−38.6%Reduced
Baker Avenue Asset Management, LP33,275$7.81M0.24%+1,681+5.3%Added
Eliot Finkel Investment Counsel, LLC33,220$7.80M4.97%−850−2.5%Reduced
MUFG Securities EMEA plc32,999$7.75M0.14%−10.0%Reduced
ProShare Advisors LLC32,928$7.73M0.02%+4,281+14.9%Added
Yousif Capital Management, LLC32,885$7.72M0.09%−670−2.0%Reduced
Police & Firemen's Retirement System of New Jersey32,838$7.71M0.07%+32,838New
National Mutual Insurance Federation of Agricultural Cooperatives32,400$7.60M0.07%00.0%Unchanged
Brinker Capital Investments, LLC32,256$7.57M0.08%−1,123−3.4%Reduced
Orion Portfolio Solutions, LLC32,256$7.57M0.08%−1,123−3.4%Reduced
Klingenstein Fields & Co LP31,891$7.48M0.30%00.0%Unchanged
CIBC World Markets Inc.31,608$7.42M0.02%−855−2.6%Reduced
Xponance, Inc.31,408$7.37M0.07%+371+1.2%Added
Trust Co of Vermont31,245$7.33M0.36%+270+0.9%Added
Canada Post Corp Registered Pension Plan31,209$7.32M0.43%+31,209New
Trust Co of Toledo NA30,835$7.24M0.95%−179−0.6%Reduced
Moors & Cabot, Inc.30,749$7.22M0.34%−21−0.1%Reduced
Capital Group Private Client Services, Inc.30,537$7.17M0.07%−1,050−3.3%Reduced
BFSG, LLC30,360$7.13M0.83%−1,020−3.3%Reduced
New York Life Investment Management LLC30,331$7.12M0.07%+253+0.8%Added
Daiwa Securities Group Inc.29,769$6.99M0.03%+2,121+7.7%Added
Johnson Investment Counsel Inc29,550$6.94M0.07%−789−2.6%Reduced
Janus Henderson Group PLC28,580$6.72M0.00%−1,081−3.6%Reduced
Public Sector Pension Investment Board28,357$6.66M0.03%−326,795−92.0%Reduced
Schroder Investment Management Group28,457$6.64M0.01%−1,756−5.8%Reduced
Sumitomo Mitsui DS Asset Management Company, Ltd28,257$6.63M0.07%+325+1.2%Added
1st Source Bank28,193$6.62M0.38%−503−1.8%Reduced
Pathstone Holdings, LLC28,136$6.60M0.03%+590+2.1%Added
Synovus Financial Corp28,001$6.57M0.08%−714−2.5%Reduced
Northwestern Mutual Wealth Management Co27,975$6.57M0.01%−191−0.7%Reduced
Healthcare of Ontario Pension Plan Trust Fund27,800$6.52M0.01%+21,773+361.3%Added
Nissay Asset Management Corp27,647$6.50M0.04%−320−1.1%Reduced
Redmond Asset Management, LLC27,399$6.43M1.61%+25,838+1,655.2%Added
Mutual of America Capital Management LLC27,107$6.36M0.07%−741−2.7%Reduced
Pettyjohn, Wood & White, Inc26,913$6.32M1.16%+25+0.1%Added
Core Alternative Capital26,729$6.27M1.31%−2,248−7.8%Reduced
Investment House LLC26,543$6.23M0.34%−75−0.3%Reduced