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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
Schonfeld Strategic Advisors LLC45,252$10.7M0.07%+10,342+29.6%Added
Voya Investment Management LLC44,904$10.6M0.01%−55−0.1%Reduced
Wiley Bros.-Aintree Capital, LLC45,846$10.5M0.11%−17,569−27.7%Reduced
M. Kraus & Co43,981$10.4M3.17%−870−1.9%Reduced
Amalgamated Bank43,851$10.4M0.09%+507+1.2%Added
Neville Rodie & Shaw Inc43,665$10.3M0.81%−1,920−4.2%Reduced
Capital Fund Management S.A.43,456$10.3M0.13%+538+1.3%Added
British Columbia Investment Management Corp43,266$10.2M0.06%−31−0.1%Reduced
ING Groep NV43,113$10.2M0.07%−41,083−48.8%Reduced
Forsta Ap-Fonden42,900$10.2M0.08%−2,400−5.3%Reduced
South Dakota Investment Council42,692$10.1M0.21%00.0%Unchanged
Varma Mutual Pension Insurance Co42,510$10.1M0.09%−5,700−11.8%Reduced
Glenmede Trust Co NA41,366$9.80M0.05%−1,235−2.9%Reduced
USS Investment Management Ltd41,303$9.79M0.07%−9,200−18.2%Reduced
Advisor Group Holdings, Inc.41,205$9.77M0.02%−4,676−10.2%Reduced
Cambridge Investment Research Advisors, Inc.41,133$9.74M0.03%+3,348+8.9%Added
Blair William & Co40,993$9.71M0.03%−2,442−5.6%Reduced
Mercer Global Advisors Inc40,276$9.54M0.02%−1,670−4.0%Reduced
Mn Services Vermogensbeheer B.V.40,260$9.54M0.07%+800+2.0%Added
CIBC Asset Management Inc40,186$9.52M0.03%−4,557−10.2%Reduced
Linscomb & Williams, Inc.40,177$9.52M0.47%+391+1.0%Added
Heritage Investors Management Corp39,720$9.41M0.32%−525−1.3%Reduced
MUFG Securities EMEA plc39,000$9.24M0.24%+6,001+18.2%Added
ProShare Advisors LLC38,610$9.14M0.02%+5,682+17.3%Added
BTC Capital Management, Inc.37,995$9.00M0.82%+934+2.5%Added
Quantinno Capital Management LP37,606$8.91M0.06%+20,246+116.6%Added
Utah Retirement Systems37,512$8.88M0.10%00.0%Unchanged
Trajan Wealth LLC37,493$8.88M0.48%+3,640+10.8%Added
Cresset Asset Management, LLC37,263$8.83M0.04%+850+2.3%Added
Commerce Bank37,033$8.77M0.06%−1,071−2.8%Reduced
CIBC Private Wealth Group, LLC42,257$8.72M0.02%−459−1.1%Reduced
Saybrook Capital36,762$8.71M2.40%+405+1.1%Added
MML Investors Services, LLC36,648$8.68M0.03%+3,176+9.5%Added
W.G. Shaheen & Associates DBA Whitney & Co36,602$8.67M0.92%+954+2.7%Added
Ilmarinen Mutual Pension Insurance Co36,500$8.64M0.08%00.0%Unchanged
Cohen Klingenstein LLC35,500$8.41M0.30%00.0%Unchanged
Moore Capital Management, LP35,481$8.40M0.28%−58,805−62.4%Reduced
Verdence Capital Advisors LLC35,466$8.40M0.64%+1,075+3.1%Added
Tufton Capital Management35,169$8.33M1.60%−145−0.4%Reduced
CIBC World Markets Inc.35,139$8.32M0.02%+3,531+11.2%Added
Baker Avenue Asset Management, LP34,378$8.14M0.26%+1,103+3.3%Added
Earnest Partners LLC34,139$8.09M0.04%−30.0%Reduced
Baker Chad R33,906$8.03M1.64%00.0%Unchanged
Lafayette Investments, Inc.33,738$7.99M1.69%−182−0.5%Reduced
Bokf, NA33,507$7.94M0.14%−2,580−7.1%Reduced
Eliot Finkel Investment Counsel, LLC33,010$7.82M5.32%−210−0.6%Reduced
Police & Firemen's Retirement System of New Jersey32,838$7.78M0.08%00.0%Unchanged
Yousif Capital Management, LLC32,617$7.73M0.09%−268−0.8%Reduced
National Mutual Insurance Federation of Agricultural Cooperatives32,400$7.67M0.07%00.0%Unchanged
Daiwa Securities Group Inc.32,239$7.64M0.03%+2,470+8.3%Added
Xponance, Inc.31,960$7.57M0.07%+552+1.8%Added
Ensign Peak Advisors, Inc31,379$7.43M0.01%−7,764−19.8%Reduced
Trust Co of Vermont31,202$7.39M0.37%−43−0.1%Reduced
Trust Co of Toledo NA31,128$7.37M0.98%+293+1.0%Added
Klingenstein Fields & Co LP30,985$7.34M0.31%−906−2.8%Reduced
Public Sector Pension Investment Board30,824$7.30M0.03%+2,467+8.7%Added
Pinebridge Investments, L.P.30,653$7.26M0.06%+30,653New
Sumitomo Mitsui DS Asset Management Company, Ltd30,629$7.25M0.07%+2,372+8.4%Added
Mediolanum International Funds Ltd31,278$7.21M0.10%−91,831−74.6%Reduced
BFSG, LLC30,327$7.18M0.87%−33−0.1%Reduced
New York Life Investment Management LLC30,265$7.17M0.07%−66−0.2%Reduced
Synovus Financial Corp30,045$7.12M0.09%+2,044+7.3%Added
Moors & Cabot, Inc.30,008$7.11M0.36%−741−2.4%Reduced
Johnson Investment Counsel Inc29,961$7.10M0.07%+411+1.4%Added
Vestmark Advisory Solutions, Inc.29,814$7.06M0.18%+14,210+91.1%Added
Capital Group Private Client Services, Inc.29,520$6.99M0.07%−1,017−3.3%Reduced
Millennium Management LLC29,092$6.89M0.01%−270,288−90.3%Reduced
Capital Investment Advisors, LLC28,849$6.83M0.13%+2,702+10.3%Added
Running Oak Capital LLC28,636$6.78M0.82%+6,482+29.3%Added
Janus Henderson Group PLC29,211$6.73M0.00%+631+2.2%Added
Tredje AP-fonden28,312$6.71M0.06%−41,737−59.6%Reduced
Nissay Asset Management Corp28,006$6.63M0.04%+359+1.3%Added
Northwestern Mutual Wealth Management Co27,976$6.63M0.01%+10.0%Added
1st Source Bank27,894$6.61M0.39%−299−1.1%Reduced
Wellington Management Group LLP27,591$6.53M0.00%+3,709+15.5%Added
Redmond Asset Management, LLC27,407$6.49M1.67%+80.0%Added
CIBC World Markets Corp27,303$6.47M0.05%−8,386−23.5%Reduced
HB Wealth Management, LLC27,263$6.46M0.05%+3,858+16.5%Added
Brinker Capital Investments, LLC27,208$6.44M0.06%−5,048−15.6%Reduced
Orion Portfolio Solutions, LLC27,208$6.44M0.06%−5,048−15.6%Reduced
Susquehanna International Group, LLP27,004$6.40M0.01%−73,670−73.2%Reduced
Farmers National Bank26,936$6.38M1.80%+497+1.9%Added
Investment House LLC26,593$6.30M0.36%+50+0.2%Added
Swiss Life Asset Management Ltd26,549$6.29M0.05%+4,249+19.1%Added
State of Alaska, Department of Revenue26,519$6.28M0.07%+725+2.8%Added
Gateway Investment Advisers LLC26,502$6.28M0.07%+420+1.6%Added
Pettyjohn, Wood & White, Inc26,471$6.27M1.20%−442−1.6%Reduced
Kornitzer Capital Management Inc26,390$6.25M0.13%−60−0.2%Reduced
Mutual of America Capital Management LLC26,335$6.24M0.07%−772−2.8%Reduced
Trexquant Investment LP26,303$6.23M0.07%−32,668−55.4%Reduced
Uncommon Cents Investing LLC25,967$6.15M1.80%−346−1.3%Reduced
Guggenheim Capital LLC25,706$6.09M0.06%−8,874−25.7%Reduced
Portland Global Advisors LLC24,731$5.86M0.74%+64+0.3%Added
Advisors Asset Management, Inc.24,215$5.74M0.11%−133−0.5%Reduced
Dana Investment Advisors, Inc.23,773$5.63M0.20%−1,817−7.1%Reduced
OP Asset Management Ltd23,599$5.59M0.09%+23,599New
Huntington National Bank23,286$5.52M0.04%−14−0.1%Reduced
JustInvest LLC23,150$5.48M0.08%+3,939+20.5%Added
O'Shaughnessy Asset Management, LLC22,945$5.43M0.04%+5,721+33.2%Added
Schroder Investment Management Group23,431$5.40M0.01%−5,026−17.7%Reduced