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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
MB, Levis & Associates, LLC6,062$1.44M0.67%−55−0.9%Reduced
Atria Wealth Solutions, Inc.6,033$1.43M0.02%−2,328−27.8%Reduced
Centennial Bank6,026$1.43M0.68%00.0%Unchanged
Farther Finance Advisors, LLC6,009$1.42M0.04%+3,147+110.0%Added
Westport Asset Management Inc6,000$1.42M0.69%00.0%Unchanged
Integrated Advisors Network LLC5,989$1.42M0.07%−422−6.6%Reduced
Valmark Advisers, Inc.5,963$1.41M0.02%−15−0.3%Reduced
Vident Advisory, LLC5,916$1.40M0.02%+2,000+51.1%Added
Dorsey & Whitney Trust CO LLC5,906$1.40M0.08%+228+4.0%Added
Envestnet Portfolio Solutions, Inc.5,901$1.40M0.01%−3,102−34.5%Reduced
Massachusetts Wealth Management5,871$1.39M0.95%−125−2.1%Reduced
Diversified Trust Co5,840$1.38M0.03%+2,489+74.3%Added
Nicolet Bankshares Inc5,796$1.37M0.28%−987−14.6%Reduced
Savant Capital, LLC5,771$1.37M0.01%−4,468−43.6%Reduced
Keystone Financial Group5,757$1.36M0.14%−72−1.2%Reduced
TFG Advisers LLC5,699$1.35M0.49%−5−0.1%Reduced
Sierra Summit Advisors LLC5,660$1.34M0.29%+312+5.8%Added
Exchange Bank5,656$1.34M1.08%−150−2.6%Reduced
AE Wealth Management LLC5,624$1.33M0.01%+345+6.5%Added
Paradigm Asset Management Co LLC5,600$1.33M0.35%00.0%Unchanged
SS&H Financial Advisors, Inc.5,600$1.33M0.49%00.0%Unchanged
Citizens Financial Group Inc5,577$1.32M0.03%+336+6.4%Added
King Luther Capital Management Corp5,566$1.32M0.01%−830−13.0%Reduced
Wilkins Investment Counsel Inc5,562$1.32M0.19%+187+3.5%Added
Visionary Wealth Advisors5,559$1.32M0.08%00.0%Unchanged
Everence Capital Management Inc5,540$1.31M0.09%00.0%Unchanged
Umpqua Bank5,516$1.31M0.45%+366+7.1%Added
Roundview Capital LLC5,508$1.30M0.09%−623−10.2%Reduced
Cove Private Wealth, LLC5,500$1.30M0.68%00.0%Unchanged
Joel Isaacson & Co., LLC5,497$1.30M0.06%−52−0.9%Reduced
Legacy Advisors, LLC5,480$1.30M0.14%+81+1.5%Added
Ballentine Partners, LLC5,446$1.29M0.02%+149+2.8%Added
Journey Advisory Group, LLC5,444$1.29M0.11%−54−1.0%Reduced
Forum Financial Management, LP5,439$1.29M0.02%−29−0.5%Reduced
Letson Investment Management, Inc.5,413$1.28M0.52%+20.0%Added
CSU Producer Resources, Inc.5,400$1.28M4.24%00.0%Unchanged
Banco Bilbao Vizcaya Argentaria, S.A.5,395$1.28M0.01%+162+3.1%Added
Private Trust Co NA5,309$1.26M0.13%+172+3.3%Added
Quadrant Capital Group LLC5,308$1.26M0.05%+3,306+165.1%Added
Ninepoint Partners LP5,285$1.25M0.22%+5,285New
Boston Trust Walden Corp5,267$1.25M0.01%−200−3.7%Reduced
Thoroughbred Financial Services, LLC5,239$1.24M0.08%+8+0.2%Added
Rehmann Capital Advisory Group5,234$1.24M0.08%00.0%Unchanged
Sound View Wealth Advisors Group, LLC5,234$1.24M0.10%−1,469−21.9%Reduced
Radnor Capital Management, LLC5,216$1.24M0.21%00.0%Unchanged
Ascent Group, LLC5,213$1.23M0.05%+1,263+32.0%Added
VCI Wealth Management LLC5,200$1.23M0.52%−1,090−17.3%Reduced
DF Dent & Co Inc5,161$1.22M0.02%−1,112−17.7%Reduced
City Holding Co5,128$1.21M0.17%−61−1.2%Reduced
United Services Automobile Association5,248$1.21M0.04%+5,248New
Lineweaver Wealth Advisors, LLC5,107$1.21M0.21%−58−1.1%Reduced
Alpine Bank Wealth Management5,092$1.21M0.19%+5,092New
Graham Capital Management, L.P.5,050$1.20M0.04%+5,050New
MidWestOne Financial Group, Inc.5,012$1.19M0.17%+9+0.2%Added
Mayfair Advisory Group, LLC5,001$1.18M0.68%00.0%Unchanged
Meeder Advisory Services, Inc.4,981$1.18M0.07%+150+3.1%Added
OneAscent Financial Services LLC4,944$1.17M0.08%+2,501+102.4%Added
Salvus Wealth Management, LLC4,929$1.17M0.73%+668+15.7%Added
CoreFirst Bank & Trust4,885$1.16M0.74%00.0%Unchanged
Ashton Thomas Private Wealth, LLC4,879$1.16M0.04%+594+13.9%Added
Marshall & Sterling Wealth Advisors Inc.4,870$1.15M0.78%00.0%Unchanged
Garda Capital Partners LP4,820$1.14M0.64%+1,583+48.9%Added
Taylor Hoffman Capital Management LLC4,796$1.13M0.42%00.0%Unchanged
Adviser Investments LLC4,763$1.13M0.01%−342−6.7%Reduced
Private Wealth Asset Management, LLC4,760$1.13M0.16%+4,760New
Fiduciary Family Office, LLC4,754$1.13M0.37%+4,754New
Chicago Trust Co NA4,752$1.13M0.20%+125+2.7%Added
Capital Square, LLC4,731$1.12M0.66%−98−2.0%Reduced
Pine Valley Investments Ltd Liability Co4,729$1.12M0.07%+30+0.6%Added
SageView Advisory Group, LLC4,676$1.11M0.05%+11+0.2%Added
Aster Capital Management (DIFC) Ltd4,497$1.11M0.20%+397+9.7%Added
Carret Asset Management, LLC4,649$1.10M0.12%+10.0%Added
Certified Advisory Corp4,644$1.10M0.12%+47+1.0%Added
Chemistry Wealth Management LLC4,608$1.09M0.25%00.0%Unchanged
Country Club Bank4,713$1.09M0.07%−91−1.9%Reduced
Union Savings Bank4,578$1.08M0.53%00.0%Unchanged
Moneta Group Investment Advisors LLC4,550$1.08M0.01%+68+1.5%Added
DAGCO, Inc.4,538$1.07M0.35%−122−2.6%Reduced
RMB Capital Management, LLC4,528$1.07M0.03%−76−1.7%Reduced
Personal Cfo Solutions, LLC4,506$1.07M0.22%−105−2.3%Reduced
Vestcor Inc4,507$1.07M0.04%+68+1.5%Added
Tower Trust & Investment Co4,738$1.06M0.86%+4,738New
We Are One Seven, LLC4,474$1.06M0.04%+550+14.0%Added
Goelzer Investment Management, Inc.4,471$1.06M0.06%00.0%Unchanged
HBK Sorce Advisory LLC4,467$1.06M0.03%+413+10.2%Added
Parallax Volatility Advisers, L.P.4,449$1.05M0.03%−9,844−68.9%Reduced
Founders Grove Wealth Partners, LLC4,449$1.05M0.29%00.0%Unchanged
Heritage Wealth Advisors4,426$1.05M0.05%−482−9.8%Reduced
Heritage Trust Co4,424$1.05M0.13%−368−7.7%Reduced
Lavaca Capital LLC4,417$1.05M0.48%00.0%Unchanged
Texas Bank & Trust Co4,415$1.05M0.44%−217−4.7%Reduced
Foundations Investment Advisors, LLC4,413$1.05M0.02%+2,338+112.7%Added
Banque Cantonale Vaudoise4,400$1.04M0.05%+4,400New
Oak Hill Wealth Advisors, LLC4,360$1.03M0.24%−401−8.4%Reduced
First Manhattan Co4,346$1.03M0.00%−142−3.2%Reduced
Capital International Sarl4,334$1.03M0.02%+1,185+37.6%Added
Crestwood Advisors Group LLC4,334$1.03M0.02%−118−2.7%Reduced
WBH Advisory Inc4,332$1.03M0.10%−107−2.4%Reduced
New Hampshire Trust4,304$1.02M0.23%−144−3.2%Reduced
Capital International Inc4,298$1.02M0.01%−1,288−23.1%Reduced