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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, 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.

Institutional holdersQ1 2025: 1,656 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 heldQ1 2025: $41.2B
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, Q1 2025

Shares, value and share of portfolio for each institution holding Norfolk Southern Corp; share changes are against Q4 2024.

Institutions holding NSC in Q1 2025
InstitutionSharesValue% of portfolioChange in sharesAction
Luken Investment Analytics, LLC100$23.7K0.01%00.0%Unchanged
Comprehensive Financial Planning, Inc.100$23.7K0.02%00.0%Unchanged
Flaharty Asset Management, LLC100$23.7K0.00%+100New
Boyd Watterson Asset Management LLC104$24.6K0.01%00.0%Unchanged
Covestor Ltd107$25.0K0.02%+1+0.9%Added
Keystone Financial Group, Inc.116$25.6K0.02%00.0%Unchanged
Optiver Holding B.V.110$26.1K0.00%−581−84.1%Reduced
Oakmont Corp110$26.1K0.01%00.0%Unchanged
SJS Investment Consulting Inc.111$26.3K0.00%+1+0.9%Added
CarsonAllaria Wealth Management, Ltd.111$26.5K0.02%−3−2.6%Reduced
WPG Advisers, LLC112$26.5K0.02%−6−5.1%Reduced
GW&K Investment Management, LLC113$27.0K0.00%+11+10.8%Added
Vision Financial Markets LLC120$28.4K0.03%00.0%Unchanged
Fourth Dimension Wealth, LLC121$28.7K0.01%00.0%Unchanged
Peterson Wealth Services121$28.7K0.01%00.0%Unchanged
Bank of Jackson Hole Trust117$28.8K0.02%00.0%Unchanged
Putney Financial Group LLC129$30.6K0.03%00.0%Unchanged
Leonteq Securities AG134$31.8K0.00%−184−57.9%Reduced
Nemes Rush Group LLC135$32.0K0.00%00.0%Unchanged
1620 Investment Advisors, Inc.136$32.2K0.02%−4−2.9%Reduced
Pinnacle Bancorp, Inc.141$33.4K0.01%00.0%Unchanged
Financial Connections Group, Inc.146$34.0K0.02%00.0%Unchanged
REAP Financial Group, LLC144$34.2K0.01%+57+65.5%Added
HWG Holdings LP146$34.6K0.02%+146New
UMA Financial Services, Inc.149$35.4K0.01%+84+129.2%Added
Adirondack Trust Co150$35.5K0.01%00.0%Unchanged
Cedar Mountain Advisors, LLC150$35.5K0.01%−50−25.0%Reduced
Greenline Partners, LLC154$36.5K0.01%+21+15.8%Added
North Star Investment Management Corp.161$38.1K0.00%00.0%Unchanged
Dunhill Financial, LLC162$38.3K0.02%−3−1.8%Reduced
Orion Capital Management LLC164$38.9K0.02%00.0%Unchanged
Motco165$39.1K0.00%00.0%Unchanged
Newbridge Financial Services Group, Inc.166$39.4K0.01%00.0%Unchanged
Concord Wealth Partners167$39.6K0.01%00.0%Unchanged
Clark Wealth Partners171$40.5K0.03%+1+0.6%Added
Sofos Investments, Inc.173$41.0K0.01%+173New
Golden State Wealth Management, LLC177$41.9K0.01%+159+883.3%Added
Richardson Financial Services Inc.178$42.2K0.03%00.0%Unchanged
Parvin Asset Management, LLC182$43.1K0.05%+22+13.8%Added
Annis Gardner Whiting Capital Advisors, LLC182$43.2K0.02%00.0%Unchanged
Rogco, LP197$46.7K0.02%00.0%Unchanged
Ruedi Wealth Management, Inc.200$47.3K0.01%00.0%Unchanged
Blackhill Capital Inc200$47.4K0.00%00.0%Unchanged
BOK Financial Private Wealth, Inc.202$47.8K0.00%−103−33.8%Reduced
MV Capital Management, Inc.212$50.2K0.01%−8−3.6%Reduced
Walleye Capital LLC213$50.4K0.00%−94,919−99.8%Reduced
Semmax Financial Advisors Inc.227$50.7K0.01%00.0%Unchanged
Sunbelt Securities, Inc.221$52.4K0.00%+186+531.4%Added
Prestige Wealth Management Group LLC223$52.8K0.01%00.0%Unchanged
Bogart Wealth, LLC225$53.3K0.00%+5+2.3%Added
Godsey & Gibb Associates226$53.5K0.01%00.0%Unchanged
MorganRosel Wealth Management, LLC230$54.5K0.02%+230New
North Capital, Inc.234$55.4K0.05%+234New
Bellevue Asset Management, LLC235$55.7K0.03%00.0%Unchanged
Cape Investment Advisory, Inc.235$55.7K0.02%−4−1.7%Reduced
Caitong International Asset Management Co., Ltd245$58.0K0.04%+134+120.7%Added
Atlas Capital Advisors LLC246$58.3K0.01%00.0%Unchanged
Bangor Savings Bank250$59.2K0.01%00.0%Unchanged
ORG Wealth Partners, LLC253$60.0K0.02%00.0%Unchanged
Rossby Financial, LCC271$60.1K0.03%+271New
Quest 10 Wealth Builders, Inc.257$60.9K0.07%−17−6.2%Reduced
Strategic Investment Solutions, Inc.260$61.6K0.02%−44−14.5%Reduced
Towarzystwo Funduszy Inwestycyjnych Pzu SA260$61.6K0.02%00.0%Unchanged
Cloud Capital Management, LLC270$64.0K0.05%+270New
Beacon Capital Management, LLC273$64.8K0.01%+1+0.4%Added
Smallwood Wealth Investment Management, LLC275$65.1K0.04%+275New
Silvant Capital Management LLC275$65.1K0.00%00.0%Unchanged
Sittner & Nelson, LLC276$65.4K0.03%00.0%Unchanged
Mondrian Investment Partners LTD283$67.0K0.00%00.0%Unchanged
CVA Family Office, LLC285$67.5K0.01%−5−1.7%Reduced
Ogorek Anthony Joseph291$69.0K0.02%+32+12.4%Added
Tortoise Investment Management, LLC293$69.4K0.01%00.0%Unchanged
Continuum Advisory, LLC294$69.6K0.01%−37−11.2%Reduced
LRI Investments, LLC295$69.9K0.01%00.0%Unchanged
Hoey Investments, Inc297$70.3K0.01%00.0%Unchanged
Ulland Investment Advisors, LLC300$71.0K0.06%00.0%Unchanged
Thompson Investment Management, Inc.300$71.1K0.01%00.0%Unchanged
Contravisory Investment Management, Inc.300$71.1K0.01%00.0%Unchanged
Vermillion Wealth Management, Inc.300$71.1K0.02%00.0%Unchanged
Curio Wealth, LLC2$73.5K0.04%−311−99.4%Reduced
GPS Wealth Strategies Group, LLC314$74.3K0.01%00.0%Unchanged
Zions Bancorporation, National Association317$75.1K0.00%+317New
Ransom Advisory, Ltd328$77.7K0.04%00.0%Unchanged
Moisand Fitzgerald Tamayo, LLC332$78.6K0.01%00.0%Unchanged
Quent Capital, LLC334$79.1K0.01%−99−22.9%Reduced
Bruce G. Allen Investments, LLC334$79.1K0.06%−49−12.8%Reduced
Stephens Consulting, LLC339$80.3K0.02%00.0%Unchanged
Bank & Trust Co342$81.0K0.07%00.0%Unchanged
Eq Wealth Advisors, LLC345$81.7K0.07%+345New
JNBA Financial Advisors346$82.0K0.01%00.0%Unchanged
Asset Planning,Inc350$82.9K0.07%00.0%Unchanged
Kiker Wealth Management, LLC350$82.9K0.06%+350New
Horrell Capital Management, Inc.362$85.7K0.04%00.0%Unchanged
Atticus Wealth Management, LLC365$86.5K0.03%00.0%Unchanged
Hemington Wealth Management370$87.0K0.01%+27+7.9%Added
Stonebridge Financial Group, LLC368$87.2K0.01%+2+0.5%Added
FSA Wealth Management LLC378$89.5K0.04%00.0%Unchanged
Acima Private Wealth, LLC383$90.7K0.03%00.0%Unchanged
Hexagon Capital Partners LLC387$91.7K0.02%−69−15.1%Reduced
Ameriflex Group, Inc.388$92.0K0.04%+337+660.8%Added