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 |
|---|---|---|---|---|---|
| BNP PARIBAS ASSET MANAGEMENT Holding S.A. | 22,804 | $5.40M | 0.01% | −619−2.6% | Reduced |
| Gibson Wealth Advisors LLC | 22,709 | $5.38M | 4.32% | 00.0% | Unchanged |
| Mackenzie Financial Corp | 22,678 | $5.37M | 0.01% | +3,048+15.5% | Added |
| Estabrook Capital Management | 22,583 | $5.35M | 0.86% | −1,071−4.5% | Reduced |
| Mirae Asset Global Investments Co., Ltd. | 23,175 | $5.34M | 0.02% | +3,929+20.4% | Added |
| MAI Capital Management | 22,469 | $5.32M | 0.04% | +603+2.8% | Added |
| RSM US Wealth Management LLC | 22,216 | $5.26M | 0.08% | −2,585−10.4% | Reduced |
| GWM Advisors LLC | 21,790 | $5.16M | 0.03% | +3,479+19.0% | Added |
| D.A. Davidson & Co. | 21,780 | $5.16M | 0.04% | +195+0.9% | Added |
| Thompson Siegel & Walmsley LLC | 21,619 | $5.12M | 0.09% | −525−2.4% | Reduced |
| Tiaa Trust, National Association | 21,587 | $5.11M | 0.02% | +177+0.8% | Added |
| Burns J W & Co Inc | 21,576 | $5.11M | 0.66% | −1,218−5.3% | Reduced |
| Howe & Rusling Inc | 21,178 | $5.02M | 0.42% | +631+3.1% | Added |
| Meridian Investment Counsel Inc. | 21,043 | $4.98M | 1.47% | −30−0.1% | Reduced |
| Old Point Trust & Financial Services N A | 20,986 | $4.97M | 1.74% | −100−0.5% | Reduced |
| Core Alternative Capital | 20,895 | $4.95M | 1.19% | −5,834−21.8% | Reduced |
| Patten & Patten Inc | 20,238 | $4.79M | 0.32% | −60−0.3% | Reduced |
| Steward Partners Investment Advisory, LLC | 20,231 | $4.79M | 0.04% | +699+3.6% | Added |
| Rakuten Investment Management, Inc. | 20,691 | $4.77M | 0.02% | +20,691 | New |
| Robeco Institutional Asset Management B.V. | 20,071 | $4.75M | 0.01% | −1,497−6.9% | Reduced |
| Ausbil Investment Management Ltd | 19,939 | $4.72M | 3.07% | 00.0% | Unchanged |
| Private Advisor Group, LLC | 19,907 | $4.71M | 0.03% | +205+1.0% | Added |
| Baxter Bros Inc | 19,857 | $4.70M | 0.62% | −912−4.4% | Reduced |
| Bradley Foster & Sargent Inc | 19,855 | $4.70M | 0.08% | −87−0.4% | Reduced |
| Quadrature Capital Ltd | 19,647 | $4.65M | 0.10% | +18,134+1,198.5% | Added |
| Mount Yale Investment Advisors, LLC | 19,506 | $4.62M | 0.40% | −213−1.1% | Reduced |
| Oregon Public Employees Retirement Fund | 19,410 | $4.60M | 0.09% | +10+0.1% | Added |
| Cullinan Associates Inc | 19,400 | $4.59M | 0.32% | −100−0.5% | Reduced |
| Eagle Rock Investment Company, LLC | 19,303 | $4.57M | 0.78% | −25−0.1% | Reduced |
| Jamison Private Wealth Management, Inc. | 19,283 | $4.57M | 0.70% | +902+4.9% | Added |
| Covington Investment Advisors Inc. | 19,171 | $4.54M | 0.71% | 00.0% | Unchanged |
| Scotia Capital Inc. | 19,069 | $4.52M | 0.02% | +598+3.2% | Added |
| Hantz Financial Services, Inc. | 19,028 | $4.51M | 0.08% | −853−4.3% | Reduced |
| Generali Asset Management SPA SGR | 18,999 | $4.50M | 0.11% | +1,365+7.7% | Added |
| Rafferty Asset Management, LLC | 18,981 | $4.50M | 0.02% | −5,036−21.0% | Reduced |
| Atria Investments LLC | 18,977 | $4.49M | 0.06% | −1,498−7.3% | Reduced |
| Douglass Winthrop Advisors, LLC | 18,959 | $4.49M | 0.09% | −69−0.4% | Reduced |
| Wescott Financial Advisory Group, LLC | 18,847 | $4.46M | 0.46% | 00.0% | Unchanged |
| ASR Vermogensbeheer N.V. | 18,829 | $4.46M | 0.07% | +18,829 | New |
| Trust Co of Virginia | 18,671 | $4.42M | 0.41% | −69−0.4% | Reduced |
| Kestra Advisory Services, LLC | 18,665 | $4.42M | 0.02% | −1,582−7.8% | Reduced |
| New Republic Capital, LLC | 18,528 | $4.39M | 1.90% | +1,454+8.5% | Added |
| Canandaigua National Bank & Trust Co | 18,474 | $4.38M | 0.44% | −727−3.8% | Reduced |
| Cornerstone Advisors, LLC | 18,300 | $4.33M | 0.19% | 00.0% | Unchanged |
| Highland Capital Management, LLC | 18,204 | $4.31M | 0.26% | −220−1.2% | Reduced |
| Empowered Funds, LLC | 18,189 | $4.31M | 0.06% | +1,555+9.3% | Added |
| UniSuper Management Pty Ltd | 18,150 | $4.30M | 0.03% | +900+5.2% | Added |
| Nordea Investment Management AB | 18,420 | $4.29M | 0.00% | −520−2.7% | Reduced |
| Mizuho Securities USA LLC | 18,131 | $4.29M | 0.09% | −3,311−15.4% | Reduced |
| Jones Financial Companies LLLP | 18,363 | $4.29M | 0.00% | +1,377+8.1% | Added |
| Silvercrest Asset Management Group LLC | 18,044 | $4.27M | 0.03% | +710+4.1% | Added |
| Bessemer Group Inc | 18,012 | $4.27M | 0.01% | +2,115+13.3% | Added |
| Independent Investors Inc | 17,600 | $4.17M | 0.88% | 00.0% | Unchanged |
| Cherokee Insurance Co | 17,500 | $4.14M | 1.83% | 00.0% | Unchanged |
| Signaturefd, LLC | 17,499 | $4.14M | 0.08% | −374−2.1% | Reduced |
| Stonegate Investment Group, LLC | 17,488 | $4.14M | 0.11% | +397+2.3% | Added |
| Teachers Retirement System of the State of Kentucky | 17,469 | $4.14M | 0.04% | +754+4.5% | Added |
| Somerset Trust Co | 17,396 | $4.12M | 1.47% | +692+4.1% | Added |
| Logan Capital Management Inc | 17,295 | $4.10M | 0.19% | −188−1.1% | Reduced |
| QRG Capital Management, Inc. | 17,275 | $4.09M | 0.04% | −698−3.9% | Reduced |
| KBC Group NV | 17,010 | $4.03M | 0.01% | −3,074−15.3% | Reduced |
| Avantax Advisory Services, Inc. | 16,592 | $3.93M | 0.02% | +31+0.2% | Added |
| Hartford Financial Management Inc. | 16,587 | $3.93M | 0.81% | 00.0% | Unchanged |
| Aptus Capital Advisors, LLC | 16,301 | $3.86M | 0.04% | +2,141+15.1% | Added |
| Kestra Private Wealth Services, LLC | 16,161 | $3.83M | 0.06% | +3,659+29.3% | Added |
| Sandy Spring Bank | 16,087 | $3.81M | 0.16% | −358−2.2% | Reduced |
| Smithfield Trust Co | 15,967 | $3.78M | 0.19% | 00.0% | Unchanged |
| Burke & Herbert Bank & Trust Co | 15,830 | $3.75M | 0.90% | −41−0.3% | Reduced |
| Alpha Omega Wealth Management LLC | 15,655 | $3.71M | 0.71% | −720−4.4% | Reduced |
| NewEdge Wealth, LLC | 15,622 | $3.70M | 0.07% | −121−0.8% | Reduced |
| Kentucky Retirement Systems | 15,431 | $3.65M | 0.11% | −106−0.7% | Reduced |
| Pittenger & Anderson Inc | 15,384 | $3.64M | 0.13% | +32+0.2% | Added |
| IFP Advisors, Inc | 15,037 | $3.56M | 0.11% | +2,936+24.3% | Added |
| Hardy Reed LLC | 15,025 | $3.56M | 0.31% | +9+0.1% | Added |
| Stock Yards Bank & Trust Co | 14,778 | $3.50M | 0.12% | −757−4.9% | Reduced |
| Vaughan David Investments LLC | 14,712 | $3.48M | 0.08% | −467−3.1% | Reduced |
| HM Payson & Co | 14,698 | $3.48M | 0.06% | −372−2.5% | Reduced |
| Elo Mutual Pension Insurance Co | 14,608 | $3.46M | 0.08% | −6,025−29.2% | Reduced |
| Anchor Investment Management, LLC | 14,476 | $3.43M | 0.32% | +259+1.8% | Added |
| Cary Street Partners Financial LLC | 14,457 | $3.42M | 0.11% | −233−1.6% | Reduced |
| Central Pacific Bank - Trust Division | 14,329 | $3.39M | 0.47% | −1,038−6.8% | Reduced |
| Andra AP-fonden | 14,300 | $3.39M | 0.06% | +14,300 | New |
| Loring Wolcott & Coolidge Fiduciary Advisors LLP | 15,199 | $3.37M | 0.03% | −35−0.2% | Reduced |
| Perigon Wealth Management, LLC | 14,222 | $3.37M | 0.09% | +42+0.3% | Added |
| Advanced Asset Management Advisors Inc | 14,200 | $3.36M | 0.92% | 00.0% | Unchanged |
| Haverford Trust Co | 14,185 | $3.36M | 0.03% | −100−0.7% | Reduced |
| Hartford Investment Management Co | 13,850 | $3.28M | 0.11% | −143−1.0% | Reduced |
| TD Waterhouse Canada Inc. | 13,855 | $3.28M | 0.03% | −152−1.1% | Reduced |
| Cullen/Frost Bankers, Inc. | 13,667 | $3.24M | 0.05% | −2,419−15.0% | Reduced |
| NEOS Investment Management LLC | 13,642 | $3.23M | 0.06% | +2,505+22.5% | Added |
| Flputnam Investment Management Co | 13,577 | $3.22M | 0.06% | +1,300+10.6% | Added |
| Oak Harbor Wealth Partners, LLC | 13,389 | $3.17M | 0.91% | 00.0% | Unchanged |
| Axxcess Wealth Management, LLC | 13,234 | $3.13M | 0.09% | +143+1.1% | Added |
| Hills Bank & Trust Co | 13,141 | $3.11M | 0.22% | +146+1.1% | Added |
| Gulf International Bank (UK) Ltd | 13,122 | $3.11M | 0.11% | −3,899−22.9% | Reduced |
| Verition Fund Management LLC | 13,110 | $3.11M | 0.02% | −31,709−70.7% | Reduced |
| Argent Trust Co | 13,071 | $3.10M | 0.13% | −15−0.1% | Reduced |
| Central Trust Co | 13,004 | $3.08M | 0.08% | −127−1.0% | Reduced |
| Ieq Capital, LLC | 12,926 | $3.06M | 0.02% | +1,360+11.8% | Added |
| Jennison Associates LLC | 12,886 | $3.05M | 0.00% | +120+0.9% | Added |