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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
Peoples Bank390$92.4K0.06%−15−3.7%Reduced
Perkins Coie Trust Co396$93.8K0.02%+1+0.3%Added
Riggs Asset Managment Co. Inc.400$94.7K0.03%00.0%Unchanged
Stone House Investment Management, LLC403$95.3K0.02%+403New
TCTC Holdings, LLC407$96.4K0.00%00.0%Unchanged
First Financial Corp409$96.9K0.05%00.0%Unchanged
Global Financial Private Client, LLC412$97.6K0.04%+12+3.0%Added
Webster Bank, N. A.420$99.5K0.01%−64−13.2%Reduced
Holos Integrated Wealth LLC420$99.5K0.07%00.0%Unchanged
Piscataqua Savings Bank425$100.7K0.09%00.0%Unchanged
Deseret Mutual Benefit Administrators426$100.9K0.05%00.0%Unchanged
Loomis Sayles & Co L P432$102.0K0.00%+184+74.2%Added
Sound Income Strategies, LLC439$104.1K0.01%+22+5.3%Added
Rosenberg Matthew Hamilton442$104.7K0.03%00.0%Unchanged
Center for Financial Planning, Inc.445$105.4K0.01%+403+959.5%Added
Investors Research Corp446$105.6K0.02%00.0%Unchanged
Capital Analysts, LLC446$106.0K0.00%−4−0.9%Reduced
Hollencrest Capital Management450$106.6K0.00%00.0%Unchanged
AllSquare Wealth Management LLC465$110.1K0.07%00.0%Unchanged
Washington Trust Co473$112.0K0.00%−2,047−81.2%Reduced
Exchange Traded Concepts, LLC474$112.3K0.00%−92−16.3%Reduced
Clean Yield Group474$112.3K0.04%−76−13.8%Reduced
Kestra Investment Management, LLC475$112.5K0.00%+446+1,537.9%Added
Albion Financial Group495$117.2K0.01%00.0%Unchanged
Duncker Streett & Co Inc495$117.2K0.02%+50+11.2%Added
Washington Trust Advisors, Inc.500$118.4K0.01%00.0%Unchanged
Painted Porch Advisors LLC500$118.4K0.05%00.0%Unchanged
Headlands Technologies LLC501$118.7K0.01%−79−13.6%Reduced
Crews Bank & Trust507$120.1K0.02%00.0%Unchanged
O'Brien Wealth Partners LLC508$120.3K0.02%+100+24.5%Added
First United Bank Trust515$122.0K0.05%+30+6.2%Added
TruNorth Capital Management, LLC517$122.5K0.03%00.0%Unchanged
Fairman Group, LLC522$122.5K0.11%00.0%Unchanged
Ossiam525$124.3K0.00%−46,471−98.9%Reduced
Federated Hermes, Inc.544$128.8K0.00%+13+2.4%Added
SBI Securities Co., Ltd.548$129.8K0.00%+16+3.0%Added
McClarren Financial Advisors, Inc.236$132.0K0.09%+236New
West Branch Capital LLC571$135.1K0.05%−304−34.7%Reduced
Centaurus Financial, Inc.574$136.0K0.01%00.0%Unchanged
Grove Bank & Trust578$136.9K0.02%+189+48.6%Added
Capital Advisors, Ltd. LLC578$137.0K0.02%+3+0.5%Added
Osterweis Capital Management Inc586$138.8K0.01%−7,447−92.7%Reduced
ESL Trust Services, LLC594$140.7K0.03%00.0%Unchanged
Versant Capital Management, Inc595$140.9K0.02%+402+208.3%Added
Proffitt & Goodson Inc604$143.1K0.02%00.0%Unchanged
WealthTrak Capital Management LLC606$143.5K0.12%+6+1.0%Added
Sentry Investment Management LLC692$144.0K0.10%−207−23.0%Reduced
Kathleen S. Wright Associates Inc.623$147.5K0.06%+2+0.3%Added
Pin Oak Investment Advisors Inc657$151.0K0.12%00.0%Unchanged
Mark Sheptoff Financial Planning, LLC650$154.0K0.08%00.0%Unchanged
Avalon Trust Co656$155.4K0.01%00.0%Unchanged
Rowland & Co Investment Counsel676$160.1K0.03%00.0%Unchanged
Crewe Advisors LLC677$160.3K0.02%−23−3.3%Reduced
SIMA Wealth Partners, LLC680$161.1K0.13%00.0%Unchanged
AdvisorNet Financial, Inc680$161.1K0.01%+2+0.3%Added
Slocum, Gordon & Co LLP682$161.5K0.12%00.0%Unchanged
Cromwell Holdings LLC696$164.8K0.11%00.0%Unchanged
Mirova701$166.0K0.03%00.0%Unchanged
Atlantic Trust, LLC703$166.5K0.04%+31+4.6%Added
American National Bank710$168.2K0.02%+64+9.9%Added
Hopwood Financial Services, Inc.721$170.8K0.13%+50+7.5%Added
Harel Insurance Investments & Financial Services Ltd.724$171.0K0.00%+724New
Gen-Wealth Partners Inc741$175.5K0.07%−36−4.6%Reduced
Sawyer & Company, Inc750$178.0K0.07%00.0%Unchanged
State of Wyoming784$185.7K0.02%+784New
Trifecta Capital Advisors, LLC785$185.9K0.04%−166−17.5%Reduced
Maryland Capital Advisors Inc.789$186.9K0.08%00.0%Unchanged
Missouri Trust & Investment Co790$187.1K0.07%−15−1.9%Reduced
Addison Advisors LLC797$188.8K0.05%−160−16.7%Reduced
Kelly Lawrence W & Associates Inc800$189.5K0.05%00.0%Unchanged
Allianz SE800$189.5K0.01%00.0%Unchanged
Bullock Wealth Management Group820$194.1K0.11%−13−1.6%Reduced
Tompkins Financial Corp825$195.4K0.02%00.0%Unchanged
Carolinas Wealth Consulting LLC835$197.8K0.04%+3+0.4%Added
KMG Fiduciary Partners, LLC846$200.4K0.02%+846New
West Financial Advisors, LLC846$200.4K0.04%00.0%Unchanged
Woodline Partners LP847$200.6K0.00%−5,607−86.9%Reduced
Connor, Clark & Lunn Investment Management Ltd.848$200.8K0.00%+848New
Tacita Capital Inc850$201.3K0.15%00.0%Unchanged
Capital Management Corp850$201.3K0.03%+850New
WT Wealth Management850$201.3K0.07%+850New
Hudson Value Partners, LLC850$201.3K0.08%+850New
Avestar Capital, LLC851$201.6K0.02%−217−20.3%Reduced
Kathmere Capital Management, LLC851$201.6K0.02%+851New
Brown Brothers Harriman & Co853$202.0K0.00%−118−12.2%Reduced
Empirical Financial Services, LLC d.b.a. Empirical Wealth Management854$202.3K0.01%00.0%Unchanged
Manchester Capital Management LLC858$203.2K0.02%−362−29.7%Reduced
Wealthquest Corp859$203.5K0.02%−10−1.2%Reduced
Regent Peak Wealth Advisors LLC860$203.7K0.05%−34−3.8%Reduced
Broadleaf Partners, LLC861$203.9K0.05%−30−3.4%Reduced
Ted Buchan & Co862$204.2K0.10%00.0%Unchanged
SC&H Financial Advisors, Inc.862$204.2K0.04%00.0%Unchanged
Boothbay Fund Management, LLC863$204.4K0.01%−18,413−95.5%Reduced
Liberty Capital Management, Inc.869$205.8K0.05%−200−18.7%Reduced
Childress Capital Advisors, LLC869$205.8K0.06%−14−1.6%Reduced
Stephenson National Bank & Trust871$206.3K0.07%+23+2.7%Added
Haven Capital Group, Inc.872$207.0K0.23%−208−19.3%Reduced
Toth Financial Advisory Corp875$207.2K0.02%00.0%Unchanged
Hanlon Investment Management, Inc.877$207.7K0.16%−54−5.8%Reduced
QTR Family Wealth, LLC881$208.7K0.16%+881New