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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
MBL Wealth, LLC2,864$678.3K0.07%+21+0.7%Added
Confluence Wealth Services, Inc.3,058$678.6K0.04%00.0%Unchanged
Heritage Wealth Management, Inc.2,866$678.8K0.23%−200−6.5%Reduced
Everpar Advisors LLC2,868$679.3K0.36%+2+0.1%Added
Checchi Capital Advisers, LLC2,870$679.8K0.05%+98+3.5%Added
Sargent Investment Group, LLC2,872$680.2K0.11%+778+37.2%Added
Everhart Financial Group, Inc.2,873$680.5K0.09%+305+11.9%Added
Chesapeake Wealth Management2,877$681.4K0.24%−25−0.9%Reduced
Vestor Capital, LLC2,883$683.0K0.06%−5−0.2%Reduced
First Citizens Bank & Trust Co2,887$683.8K0.02%+64+2.3%Added
National Philanthropic Trust2,894$685.4K0.01%−853−22.8%Reduced
Roberts Wealth Advisors, LLC2,900$686.9K0.21%−250−7.9%Reduced
Kendall Capital Management2,905$688.0K0.20%−47−1.6%Reduced
Excalibur Management Corp2,912$689.7K0.27%−134−4.4%Reduced
Catalytic Wealth RIA, LLC2,913$689.9K0.13%+132+4.7%Added
Integrated Wealth Concepts LLC2,915$690.5K0.01%+224+8.3%Added
Formidable Asset Management, LLC2,921$691.9K0.12%+179+6.5%Added
WSFS Capital Management, LLC2,977$705.1K0.04%+221+8.0%Added
XML Financial, LLC2,992$708.6K0.07%+59+2.0%Added
Choate Investment Advisors2,992$708.7K0.02%00.0%Unchanged
ICW Investment Advisors LLC2,993$708.9K0.29%+60+2.0%Added
Brookstone Capital Management2,995$709.3K0.01%+2+0.1%Added
Mather Group, LLC.2,995$709.5K0.01%+55+1.9%Added
Valley National Advisers Inc3,003$710.0K0.13%+77+2.6%Added
SRS Capital Advisors, Inc.3,000$710.5K0.05%−1,505−33.4%Reduced
Harbor Advisors LLC3,000$710.5K0.12%00.0%Unchanged
Exencial Wealth Advisors, LLC3,020$715.3K0.03%−116−3.7%Reduced
Peoples Financial Services Corp.3,033$718.4K0.35%00.0%Unchanged
Kelman-Lazarov, Inc.3,036$719.1K0.13%−388−11.3%Reduced
Miracle Mile Advisors, LLC3,039$719.8K0.01%−252−7.7%Reduced
Alan B. Lancz & Associates, Inc.3,041$720.3K0.77%00.0%Unchanged
First Horizon Advisors, Inc.3,047$721.7K0.02%+752+32.8%Added
Abn Amro Investment Solutions3,054$723.3K0.02%+71+2.4%Added
Garner Asset Management Corp3,063$725.5K0.32%−190−5.8%Reduced
Aberdeen Wealth Management LLC3,068$726.6K0.50%+10.0%Added
Smith, Moore & Co.3,070$727.2K0.07%−45−1.4%Reduced
Mitchell McLeod Pugh & Williams Inc3,087$731.2K0.15%00.0%Unchanged
CoreCap Advisors, LLC3,099$734.0K0.03%+2+0.1%Added
Reynders McVeigh Capital Management, LLC3,109$736.0K0.04%−35−1.1%Reduced
Parkside Financial Bank & Trust3,112$737.1K0.09%+59+1.9%Added
Farmers Trust Co3,121$739.2K0.14%00.0%Unchanged
KLCM Advisors, Inc.3,125$740.2K0.09%00.0%Unchanged
Legacy Capital Group California, Inc.3,136$742.8K0.26%+3+0.1%Added
Advocate Group LLC3,138$743.2K0.14%00.0%Unchanged
Mairs & Power Inc3,172$751.3K0.01%+125+4.1%Added
Lindbrook Capital, LLC3,178$752.7K0.07%−43−1.3%Reduced
Lee Danner & Bass Inc3,183$753.9K0.06%−2−0.1%Reduced
LRT Capital Management, LLC3,198$757.4K0.52%+3,198New
Fifth Third Wealth Advisors LLC3,204$758.9K0.04%+135+4.4%Added
Aull & Monroe Investment Management Corp3,209$760.1K0.38%00.0%Unchanged
Sapient Capital LLC3,211$760.5K0.02%+22+0.7%Added
Principal Securities, Inc.3,248$762.3K0.02%+33+1.0%Added
Hayek Kallen Investment Management3,220$763.0K0.28%00.0%Unchanged
Horizon Investments, LLC3,248$764.6K0.02%+154+5.0%Added
Sumitomo Life Insurance Co3,257$771.4K0.03%+2+0.1%Added
Norman Fields, Gottscho Capital Management, LLC3,265$773.0K0.26%00.0%Unchanged
Westbourne Investment Advisors, Inc.3,272$775.0K0.28%−75−2.2%Reduced
Arkadios Wealth Advisors3,295$780.4K0.03%+236+7.7%Added
Clearbridge Investments, LLC3,300$781.6K0.00%00.0%Unchanged
Northcape Wealth Management, LLC3,324$787.3K0.25%−20−0.6%Reduced
Shayne & Co., LLC3,327$788.0K0.19%00.0%Unchanged
Millstone Evans Group, LLC3,361$796.1K0.54%−22−0.7%Reduced
Horizon Kinetics Asset Management LLC3,368$797.7K0.01%00.0%Unchanged
River Wealth Advisors LLC3,370$798.2K0.11%−46−1.3%Reduced
Allegheny Financial Group LTD3,402$805.9K0.21%00.0%Unchanged
Chicago Partners Investment Group LLC3,682$809.9K0.03%+80+2.2%Added
Financial Sense Advisors, Inc.3,420$810.0K0.23%00.0%Unchanged
Pathway Financial Advisors LLC3,426$811.4K0.15%00.0%Unchanged
Guardian Wealth Advisors, LLC3,439$814.6K0.07%−52−1.5%Reduced
Clear Harbor Asset Management, LLC3,461$819.7K0.07%−146−4.0%Reduced
Bollard Group LLC3,461$820.0K0.02%00.0%Unchanged
North Star Asset Management Inc3,470$821.9K0.04%−35−1.0%Reduced
Frank, Rimerman Advisors LLC3,470$821.9K0.07%+308+9.7%Added
Navellier & Associates Inc3,700$822.4K0.11%00.0%Unchanged
Kerrisdale Advisers, LLC3,473$822.6K0.34%−500−12.6%Reduced
Dover Advisors, LLC3,489$826.4K0.36%+127+3.8%Added
Capstone Investment Advisors, LLC3,501$829.2K0.01%−3,394−49.2%Reduced
Tull Financial Group, Inc.3,503$829.6K0.48%+10.0%Added
Resources Management Corp3,505$830.0K0.12%−856−19.6%Reduced
Rodgers Brothers Inc.3,512$831.8K0.11%00.0%Unchanged
Acropolis Investment Management, LLC3,524$834.7K0.05%−96−2.7%Reduced
Commerzbank Aktiengesellschaft3,536$838.0K0.02%+20+0.6%Added
Wedmont Private Capital3,845$839.4K0.04%+248+6.9%Added
Dynamic Advisor Solutions LLC3,571$845.7K0.03%+65+1.9%Added
Patton Albertson Miller Group, LLC3,584$848.9K0.13%−150−4.0%Reduced
Prudential PLC3,589$850.1K0.00%00.0%Unchanged
Quantbot Technologies LP3,601$852.9K0.03%−44,540−92.5%Reduced
Key Financial Inc3,602$853.1K0.19%00.0%Unchanged
Sagespring Wealth Partners, LLC3,614$855.9K0.02%+653+22.1%Added
Waldron Private Wealth LLC3,622$857.9K0.04%−1,652−31.3%Reduced
Quadcap Wealth Management, LLC3,645$863.2K0.13%+189+5.5%Added
Schulhoff & Co Inc3,645$863.3K0.38%00.0%Unchanged
St Germain D J Co Inc3,653$865.2K0.04%−206−5.3%Reduced
Evermay Wealth Management LLC3,670$869.2K0.11%−800−17.9%Reduced
Dearborn Partners LLC3,696$875.3K0.04%−902−19.6%Reduced
Athena Investment Management3,697$875.6K0.53%00.0%Unchanged
Univest Financial Corp3,698$875.9K0.06%00.0%Unchanged
Wedgewood Investors Inc3,700$876.3K1.04%−25−0.7%Reduced
VeraBank, N.A.3,705$877.5K0.24%−14−0.4%Reduced
Firestone Capital Management3,726$882.5K0.23%+11+0.3%Added