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 |
|---|---|---|---|---|---|
| Stonegate Investment Group, LLC | 17,488 | $4.14M | 0.11% | +397+2.3% | Added |
| Signaturefd, LLC | 17,499 | $4.14M | 0.08% | −374−2.1% | Reduced |
| Cherokee Insurance Co | 17,500 | $4.14M | 1.83% | 00.0% | Unchanged |
| Independent Investors Inc | 17,600 | $4.17M | 0.88% | 00.0% | Unchanged |
| Bessemer Group Inc | 18,012 | $4.27M | 0.01% | +2,115+13.3% | Added |
| Silvercrest Asset Management Group LLC | 18,044 | $4.27M | 0.03% | +710+4.1% | Added |
| Jones Financial Companies LLLP | 18,363 | $4.29M | 0.00% | +1,377+8.1% | Added |
| Mizuho Securities USA LLC | 18,131 | $4.29M | 0.09% | −3,311−15.4% | Reduced |
| Nordea Investment Management AB | 18,420 | $4.29M | 0.00% | −520−2.7% | Reduced |
| UniSuper Management Pty Ltd | 18,150 | $4.30M | 0.03% | +900+5.2% | Added |
| Empowered Funds, LLC | 18,189 | $4.31M | 0.06% | +1,555+9.3% | Added |
| Highland Capital Management, LLC | 18,204 | $4.31M | 0.26% | −220−1.2% | Reduced |
| Cornerstone Advisors, LLC | 18,300 | $4.33M | 0.19% | 00.0% | Unchanged |
| Canandaigua National Bank & Trust Co | 18,474 | $4.38M | 0.44% | −727−3.8% | Reduced |
| New Republic Capital, LLC | 18,528 | $4.39M | 1.90% | +1,454+8.5% | Added |
| Kestra Advisory Services, LLC | 18,665 | $4.42M | 0.02% | −1,582−7.8% | Reduced |
| Trust Co of Virginia | 18,671 | $4.42M | 0.41% | −69−0.4% | Reduced |
| ASR Vermogensbeheer N.V. | 18,829 | $4.46M | 0.07% | +18,829 | New |
| Wescott Financial Advisory Group, LLC | 18,847 | $4.46M | 0.46% | 00.0% | Unchanged |
| Douglass Winthrop Advisors, LLC | 18,959 | $4.49M | 0.09% | −69−0.4% | Reduced |
| Atria Investments LLC | 18,977 | $4.49M | 0.06% | −1,498−7.3% | Reduced |
| Rafferty Asset Management, LLC | 18,981 | $4.50M | 0.02% | −5,036−21.0% | Reduced |
| Generali Asset Management SPA SGR | 18,999 | $4.50M | 0.11% | +1,365+7.7% | Added |
| Hantz Financial Services, Inc. | 19,028 | $4.51M | 0.08% | −853−4.3% | Reduced |
| Scotia Capital Inc. | 19,069 | $4.52M | 0.02% | +598+3.2% | Added |
| Covington Investment Advisors Inc. | 19,171 | $4.54M | 0.71% | 00.0% | Unchanged |
| Jamison Private Wealth Management, Inc. | 19,283 | $4.57M | 0.70% | +902+4.9% | Added |
| Eagle Rock Investment Company, LLC | 19,303 | $4.57M | 0.78% | −25−0.1% | Reduced |
| Cullinan Associates Inc | 19,400 | $4.59M | 0.32% | −100−0.5% | Reduced |
| Oregon Public Employees Retirement Fund | 19,410 | $4.60M | 0.09% | +10+0.1% | Added |
| Mount Yale Investment Advisors, LLC | 19,506 | $4.62M | 0.40% | −213−1.1% | Reduced |
| Quadrature Capital Ltd | 19,647 | $4.65M | 0.10% | +18,134+1,198.5% | Added |
| Bradley Foster & Sargent Inc | 19,855 | $4.70M | 0.08% | −87−0.4% | Reduced |
| Baxter Bros Inc | 19,857 | $4.70M | 0.62% | −912−4.4% | Reduced |
| Private Advisor Group, LLC | 19,907 | $4.71M | 0.03% | +205+1.0% | Added |
| Ausbil Investment Management Ltd | 19,939 | $4.72M | 3.07% | 00.0% | Unchanged |
| Robeco Institutional Asset Management B.V. | 20,071 | $4.75M | 0.01% | −1,497−6.9% | Reduced |
| Rakuten Investment Management, Inc. | 20,691 | $4.77M | 0.02% | +20,691 | New |
| Steward Partners Investment Advisory, LLC | 20,231 | $4.79M | 0.04% | +699+3.6% | Added |
| Patten & Patten Inc | 20,238 | $4.79M | 0.32% | −60−0.3% | Reduced |
| Core Alternative Capital | 20,895 | $4.95M | 1.19% | −5,834−21.8% | Reduced |
| Old Point Trust & Financial Services N A | 20,986 | $4.97M | 1.74% | −100−0.5% | Reduced |
| Meridian Investment Counsel Inc. | 21,043 | $4.98M | 1.47% | −30−0.1% | Reduced |
| Howe & Rusling Inc | 21,178 | $5.02M | 0.42% | +631+3.1% | Added |
| Burns J W & Co Inc | 21,576 | $5.11M | 0.66% | −1,218−5.3% | Reduced |
| Tiaa Trust, National Association | 21,587 | $5.11M | 0.02% | +177+0.8% | Added |
| Thompson Siegel & Walmsley LLC | 21,619 | $5.12M | 0.09% | −525−2.4% | Reduced |
| D.A. Davidson & Co. | 21,780 | $5.16M | 0.04% | +195+0.9% | Added |
| GWM Advisors LLC | 21,790 | $5.16M | 0.03% | +3,479+19.0% | Added |
| RSM US Wealth Management LLC | 22,216 | $5.26M | 0.08% | −2,585−10.4% | Reduced |
| MAI Capital Management | 22,469 | $5.32M | 0.04% | +603+2.8% | Added |
| Mirae Asset Global Investments Co., Ltd. | 23,175 | $5.34M | 0.02% | +3,929+20.4% | Added |
| Estabrook Capital Management | 22,583 | $5.35M | 0.86% | −1,071−4.5% | Reduced |
| Mackenzie Financial Corp | 22,678 | $5.37M | 0.01% | +3,048+15.5% | Added |
| Gibson Wealth Advisors LLC | 22,709 | $5.38M | 4.32% | 00.0% | Unchanged |
| BNP PARIBAS ASSET MANAGEMENT Holding S.A. | 22,804 | $5.40M | 0.01% | −619−2.6% | Reduced |
| Schroder Investment Management Group | 23,431 | $5.40M | 0.01% | −5,026−17.7% | Reduced |
| O'Shaughnessy Asset Management, LLC | 22,945 | $5.43M | 0.04% | +5,721+33.2% | Added |
| JustInvest LLC | 23,150 | $5.48M | 0.08% | +3,939+20.5% | Added |
| Huntington National Bank | 23,286 | $5.52M | 0.04% | −14−0.1% | Reduced |
| OP Asset Management Ltd | 23,599 | $5.59M | 0.09% | +23,599 | New |
| Dana Investment Advisors, Inc. | 23,773 | $5.63M | 0.20% | −1,817−7.1% | Reduced |
| Advisors Asset Management, Inc. | 24,215 | $5.74M | 0.11% | −133−0.5% | Reduced |
| Portland Global Advisors LLC | 24,731 | $5.86M | 0.74% | +64+0.3% | Added |
| Guggenheim Capital LLC | 25,706 | $6.09M | 0.06% | −8,874−25.7% | Reduced |
| Uncommon Cents Investing LLC | 25,967 | $6.15M | 1.80% | −346−1.3% | Reduced |
| Trexquant Investment LP | 26,303 | $6.23M | 0.07% | −32,668−55.4% | Reduced |
| Mutual of America Capital Management LLC | 26,335 | $6.24M | 0.07% | −772−2.8% | Reduced |
| Kornitzer Capital Management Inc | 26,390 | $6.25M | 0.13% | −60−0.2% | Reduced |
| Pettyjohn, Wood & White, Inc | 26,471 | $6.27M | 1.20% | −442−1.6% | Reduced |
| Gateway Investment Advisers LLC | 26,502 | $6.28M | 0.07% | +420+1.6% | Added |
| State of Alaska, Department of Revenue | 26,519 | $6.28M | 0.07% | +725+2.8% | Added |
| Swiss Life Asset Management Ltd | 26,549 | $6.29M | 0.05% | +4,249+19.1% | Added |
| Investment House LLC | 26,593 | $6.30M | 0.36% | +50+0.2% | Added |
| Farmers National Bank | 26,936 | $6.38M | 1.80% | +497+1.9% | Added |
| Susquehanna International Group, LLP | 27,004 | $6.40M | 0.01% | −73,670−73.2% | Reduced |
| Brinker Capital Investments, LLC | 27,208 | $6.44M | 0.06% | −5,048−15.6% | Reduced |
| Orion Portfolio Solutions, LLC | 27,208 | $6.44M | 0.06% | −5,048−15.6% | Reduced |
| HB Wealth Management, LLC | 27,263 | $6.46M | 0.05% | +3,858+16.5% | Added |
| CIBC World Markets Corp | 27,303 | $6.47M | 0.05% | −8,386−23.5% | Reduced |
| Redmond Asset Management, LLC | 27,407 | $6.49M | 1.67% | +80.0% | Added |
| Wellington Management Group LLP | 27,591 | $6.53M | 0.00% | +3,709+15.5% | Added |
| 1st Source Bank | 27,894 | $6.61M | 0.39% | −299−1.1% | Reduced |
| Northwestern Mutual Wealth Management Co | 27,976 | $6.63M | 0.01% | +10.0% | Added |
| Nissay Asset Management Corp | 28,006 | $6.63M | 0.04% | +359+1.3% | Added |
| Tredje AP-fonden | 28,312 | $6.71M | 0.06% | −41,737−59.6% | Reduced |
| Janus Henderson Group PLC | 29,211 | $6.73M | 0.00% | +631+2.2% | Added |
| Running Oak Capital LLC | 28,636 | $6.78M | 0.82% | +6,482+29.3% | Added |
| Capital Investment Advisors, LLC | 28,849 | $6.83M | 0.13% | +2,702+10.3% | Added |
| Millennium Management LLC | 29,092 | $6.89M | 0.01% | −270,288−90.3% | Reduced |
| Capital Group Private Client Services, Inc. | 29,520 | $6.99M | 0.07% | −1,017−3.3% | Reduced |
| Vestmark Advisory Solutions, Inc. | 29,814 | $7.06M | 0.18% | +14,210+91.1% | Added |
| Johnson Investment Counsel Inc | 29,961 | $7.10M | 0.07% | +411+1.4% | Added |
| Moors & Cabot, Inc. | 30,008 | $7.11M | 0.36% | −741−2.4% | Reduced |
| Synovus Financial Corp | 30,045 | $7.12M | 0.09% | +2,044+7.3% | Added |
| New York Life Investment Management LLC | 30,265 | $7.17M | 0.07% | −66−0.2% | Reduced |
| BFSG, LLC | 30,327 | $7.18M | 0.87% | −33−0.1% | Reduced |
| Mediolanum International Funds Ltd | 31,278 | $7.21M | 0.10% | −91,831−74.6% | Reduced |
| Sumitomo Mitsui DS Asset Management Company, Ltd | 30,629 | $7.25M | 0.07% | +2,372+8.4% | Added |
| Pinebridge Investments, L.P. | 30,653 | $7.26M | 0.06% | +30,653 | New |