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 2025
Institutional positions in Norfolk Southern Corp as of Mar 31, 2025. 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
- 1,656
- −1 vs. Q4 2024
- Shares held
- 174.2M
- +533.3K (+0.3%) vs. Q4 2024
- Total value
- $41.2B
- +$467.9M (+1.1%) vs. Q4 2024
- New holders
- 106
- 558 more added
- Sold out
- 107
- 592 more reduced
29 institutions that held it in Q4 2024 haven't filed for Q1 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.
Compare with Q4 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.
| 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, Q1 2025
Shares, value and share of portfolio for each institution holding Norfolk Southern Corp; share changes are against Q4 2024.
| Institution | Shares | Value | % of portfolio | Change in shares | Action |
|---|---|---|---|---|---|
| Vanguard Group Inc | 20,321,359 | $4.81B | 0.09% | +232,195+1.2% | Added |
| BlackRock, Inc. | 15,250,007 | $3.61B | 0.08% | +283,654+1.9% | Added |
| Price T Rowe Associates Inc | 11,319,010 | $2.68B | 0.33% | +2,710,930+31.5% | Added |
| Dodge & Cox | 10,666,554 | $2.53B | 1.44% | −22,655−0.2% | Reduced |
| State Street Corp | 9,459,882 | $2.24B | 0.09% | +24,030+0.3% | Added |
| JPMorgan Chase & Co | 7,478,124 | $1.77B | 0.13% | −38,195−0.5% | Reduced |
| Geode Capital Management, LLC | 4,785,713 | $1.13B | 0.09% | +91,140+1.9% | Added |
| Boston Partners | 4,159,070 | $983.2M | 1.19% | +138,678+3.4% | Added |
| FMR LLC | 4,085,801 | $967.7M | 0.06% | +1,011,868+32.9% | Added |
| EdgePoint Investment Group Inc. | 3,998,335 | $947.0M | 7.67% | +29,753+0.7% | Added |
| American Century Companies Inc | 3,128,102 | $740.9M | 0.45% | +189,076+6.4% | Added |
| Lazard Asset Management LLC | 3,087,570 | $731.3M | 1.12% | −1,327,398−30.1% | Reduced |
| Northern Trust Corp | 2,983,620 | $706.7M | 0.10% | +113,177+3.9% | Added |
| Bank of America Corp | 2,849,039 | $674.8M | 0.06% | +4,625+0.2% | Added |
| Morgan Stanley | 2,435,421 | $576.8M | 0.04% | −41,034−1.7% | Reduced |
| Norges Bank | 2,368,439 | $561.0M | 0.08% | +35,354+1.5% | Added |
| Dimensional Fund Advisors LP | 2,044,150 | $484.0M | 0.12% | +127,889+6.7% | Added |
| Invesco Ltd. | 1,931,919 | $457.6M | 0.09% | +19,433+1.0% | Added |
| Bank of New York Mellon Corp | 1,803,907 | $427.3M | 0.08% | −38,075−2.1% | Reduced |
| Legal & General Group Plc | 1,748,224 | $414.1M | 0.11% | −35,173−2.0% | Reduced |
| Capital World Investors | 1,631,165 | $386.3M | 0.06% | +4,098+0.3% | Added |
| London Co of Virginia | 1,594,873 | $377.7M | 2.15% | −39,168−2.4% | Reduced |
| Goldman Sachs Group Inc | 1,586,491 | $375.8M | 0.07% | +272,547+20.7% | Added |
| Charles Schwab Investment Management Inc | 1,430,990 | $338.9M | 0.06% | +16,419+1.2% | Added |
| UBS Asset Management Americas Inc | 1,295,460 | $306.8M | 0.08% | +84,953+7.0% | Added |
| FIL Ltd | 1,189,292 | $281.7M | 0.27% | +95,939+8.8% | Added |
| Wells Fargo & Company | 1,189,283 | $281.7M | 0.07% | −116,382−8.9% | Reduced |
| Mirae Asset Global ETFs Holdings Ltd. | 1,175,226 | $278.3M | 0.59% | +201,033+20.6% | Added |
| Deutsche Bank AG | 1,041,905 | $246.8M | 0.10% | −510,333−32.9% | Reduced |
| UBS Group AG | 1,022,101 | $242.1M | 0.05% | −430,076−29.6% | Reduced |
| Fisher Asset Management, LLC | 982,483 | $232.7M | 0.10% | +8,219+0.8% | Added |
| Ancora Advisors, LLC | 963,500 | $228.2M | 5.09% | −44,259−4.4% | Reduced |
| Hotchkis & Wiley Capital Management LLC | 823,723 | $195.1M | 0.65% | −4,980−0.6% | Reduced |
| Mitsubishi UFJ Trust & Banking Corp | 803,140 | $190.2M | 0.50% | −136,182−14.5% | Reduced |
| Adage Capital Partners GP, L.L.C. | 789,950 | $187.1M | 0.35% | +611,198+341.9% | Added |
| Arrowstreet Capital, Limited Partnership | 781,998 | $185.2M | 0.15% | +424,276+118.6% | Added |
| Primecap Management Co | 704,920 | $167.0M | 0.14% | +31,720+4.7% | Added |
| Swiss National Bank | 638,100 | $151.1M | 0.11% | −600−0.1% | Reduced |
| Cbre Clarion Securities LLC | 616,384 | $146.0M | 2.23% | +294,182+91.3% | Added |
| Amundi | 658,416 | $145.3M | 0.05% | −644,219−49.5% | Reduced |
| Massachusetts Financial Services Co | 600,797 | $142.3M | 0.05% | −1,364−0.2% | Reduced |
| Cincinnati Financial Corp | 587,687 | $139.2M | 3.11% | 00.0% | Unchanged |
| National Pension Service | 561,491 | $133.0M | 0.13% | +55,362+10.9% | Added |
| Franklin Resources Inc | 548,096 | $129.8M | 0.04% | +32,794+6.4% | Added |
| Sumitomo Mitsui Trust Holdings, Inc. | 541,420 | $128.2M | 0.09% | +4,597+0.9% | Added |
| Royal Bank of Canada | 540,092 | $127.9M | 0.03% | −243,833−31.1% | Reduced |
| Davenport & Co LLC | 539,676 | $127.0M | 0.75% | −555−0.1% | Reduced |
| Ameriprise Financial Inc | 517,970 | $122.7M | 0.03% | +59,098+12.9% | Added |
| Nuveen, LLC | 516,176 | $122.3M | 0.04% | +516,176 | New |
| Manufacturers Life Insurance Company, The | 496,447 | $117.6M | 0.11% | −175,233−26.1% | Reduced |
| Standard Life Aberdeen plc | 497,848 | $116.7M | 0.23% | +117,276+30.8% | Added |
| Phoenix Holdings Ltd. | 465,283 | $110.2M | 1.69% | +465,283 | New |
| Raymond James Financial Inc | 462,332 | $109.5M | 0.04% | +13,996+3.1% | Added |
| Magellan Asset Management Ltd | 458,320 | $108.6M | 1.32% | −303,325−39.8% | Reduced |
| Envestnet Asset Management Inc | 456,552 | $108.1M | 0.03% | −10,137−2.2% | Reduced |
| BNP Paribas Arbitrage, SA | 447,973 | $106.1M | 0.08% | +116,300+35.1% | Added |
| Rhumbline Advisers | 435,465 | $103.1M | 0.10% | +11,708+2.8% | Added |
| Mitsubishi UFJ Kokusai Asset Management Co., Ltd. | 432,571 | $102.5M | 0.09% | +69,683+19.2% | Added |
| Public Employees Retirement Association of Colorado | 423,341 | $100.3M | 0.43% | −707−0.2% | Reduced |
| HSBC Holdings PLC | 414,719 | $97.9M | 0.07% | +25,389+6.5% | Added |
| Marshall Wace, LLP | 411,927 | $97.6M | 0.13% | +156,419+61.2% | Added |
| Barclays PLC | 390,349 | $92.5M | 0.04% | +52,702+15.6% | Added |
| The PNC Financial Services Group, Inc. | 382,772 | $90.7M | 0.05% | −4,061−1.0% | Reduced |
| Neuberger Berman Group LLC | 356,642 | $84.5M | 0.07% | −716,487−66.8% | Reduced |
| Alliancebernstein L.P. | 344,726 | $81.6M | 0.03% | −215,595−38.5% | Reduced |
| Commonwealth of Pennsylvania Public School Empls Retrmt Sys | 337,106 | $79.8M | 0.47% | +54,353+19.2% | Added |
| California Public Employees Retirement System | 336,232 | $79.6M | 0.06% | +65,806+24.3% | Added |
| California State Teachers Retirement System | 333,638 | $79.0M | 0.10% | −1,914−0.6% | Reduced |
| Clearstead Advisors, LLC | 301,475 | $71.4M | 1.11% | +16,208+5.7% | Added |
| Corvex Management LP | 297,431 | $70.4M | 2.74% | 00.0% | Unchanged |
| HighTower Advisors, LLC | 290,095 | $68.7M | 0.09% | +3,158+1.1% | Added |
| Assenagon Asset Management S.A. | 286,818 | $67.9M | 0.12% | −244,937−46.1% | Reduced |
| Manning & Napier Advisors LLC | 279,022 | $66.1M | 0.82% | +219,576+369.4% | Added |
| LPL Financial LLC | 273,940 | $64.9M | 0.03% | +25,366+10.2% | Added |
| First Trust Advisors LP | 267,063 | $63.3M | 0.06% | +49,233+22.6% | Added |
| Cincinnati Insurance Co | 264,400 | $62.6M | 1.09% | 00.0% | Unchanged |
| New York State Common Retirement Fund | 263,820 | $62.5M | 0.09% | −5,800−2.2% | Reduced |
| SEI Investments Co | 254,337 | $60.2M | 0.08% | +7,107+2.9% | Added |
| Principal Financial Group Inc | 251,986 | $59.7M | 0.03% | −1,303−0.5% | Reduced |
| Truist Financial Corp | 237,401 | $56.2M | 0.09% | −3,395−1.4% | Reduced |
| Citigroup Inc | 233,914 | $55.4M | 0.04% | +140,706+151.0% | Added |
| Markel Group Inc.SuperinvestorMarkel Group | 229,500 | $54.4M | 0.48% | 00.0% | Unchanged |
| Bank of Montreal | 227,019 | $53.8M | 0.03% | −38,861−14.6% | Reduced |
| Reaves W H & Co Inc | 219,300 | $51.9M | 1.32% | 00.0% | Unchanged |
| State Board of Administration of Florida Retirement System | 213,875 | $50.7M | 0.10% | +360+0.2% | Added |
| Allianz Asset Management GmbH | 213,441 | $50.6M | 0.07% | −6,716−3.1% | Reduced |
| Great West Life Assurance Co | 207,191 | $49.2M | 0.09% | +2,100+1.0% | Added |
| Canada Pension Plan Investment Board | 206,043 | $48.8M | 0.05% | +84,920+70.1% | Added |
| Cohen & Steers, Inc. | 204,941 | $48.5M | 0.09% | 00.0% | Unchanged |
| Zacks Investment Management | 202,447 | $47.9M | 0.45% | +10,563+5.5% | Added |
| Aristotle Atlantic Partners, LLC | 195,953 | $46.4M | 1.57% | +2,547+1.3% | Added |
| Russell Investments Group, Ltd. | 191,216 | $45.3M | 0.06% | +21,198+12.5% | Added |
| US Bancorp | 184,497 | $43.7M | 0.06% | −13,136−6.6% | Reduced |
| Cornerstone Investment Partners, LLC | 180,110 | $42.7M | 2.06% | +167+0.1% | Added |
| Whittier Trust Co | 179,007 | $42.4M | 0.59% | +2,115+1.2% | Added |
| Cerity Partners LLC | 178,771 | $42.3M | 0.09% | −2,654−1.5% | Reduced |
| Squarepoint Ops LLC | 178,537 | $42.3M | 0.10% | −87,367−32.9% | Reduced |
| National Bank of Canada | 177,441 | $42.0M | 0.05% | +38,203+27.4% | Added |
| New York State Teachers Retirement System | 165,079 | $39.1M | 0.09% | −6,095−3.6% | Reduced |
| AQR Capital Management LLC | 165,492 | $38.6M | 0.04% | +104,537+171.5% | Added |