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 $53.7B in total; superinvestors Third Point and Markel Group hold it.
13F holders, Q2 2025
Institutional positions in Norfolk Southern Corp as of Jun 30, 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
- 1,693
- +56 vs. Q1 2025
- Shares held
- 176.2M
- +2.31M (+1.3%) vs. Q1 2025
- Total value
- $45.1B
- +$3.94B (+9.6%) vs. Q1 2025
- New holders
- 157
- 534 more added
- Sold out
- 101
- 617 more reduced
19 institutions that held it in Q1 2025 haven't filed for Q2 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.
Compare with Q1 2025: 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 | $53.7B |
| Q1 2026 | 1,841 | $48.2B |
| Q4 2025 | 1,852 | $50.0B |
| Q3 2025 | 1,801 | $52.3B |
| Q2 2025 | 1,693 | $45.3B |
| Q1 2025 | 1,656 | $41.3B |
| Q4 2024 | 1,686 | $41.0B |
| Q3 2024 | 1,612 | $44.4B |
| Q2 2024 | 1,565 | $38.4B |
| Q1 2024 | 1,628 | $46.8B |
| Q4 2023 | 1,585 | $44.0B |
| Q3 2023 | 1,444 | $33.3B |
| Q2 2023 | 1,529 | $38.1B |
| Q1 2023 | 1,500 | $35.6B |
| Q4 2022 | 1,590 | $41.9B |
| Q3 2022 | 1,501 | $36.1B |
| Q2 2022 | 1,543 | $39.6B |
| Q1 2022 | 1,646 | $50.4B |
| Q4 2021 | 1,644 | $52.9B |
| Q3 2021 | 1,494 | $42.6B |
| Q2 2021 | 1,546 | $48.2B |
| Q1 2021 | 1,514 | $49.7B |
Institutions, Q2 2025
Shares, value and share of portfolio for each institution holding Norfolk Southern Corp; share changes are against Q1 2025.
| Institution | Shares | Value | % of portfolio | Change in shares | Action |
|---|---|---|---|---|---|
| Vanguard Group Inc | 20,561,273 | $5.26B | 0.09% | +239,914+1.2% | Added |
| BlackRock, Inc. | 14,670,376 | $3.76B | 0.07% | −579,631−3.8% | Reduced |
| Price T Rowe Associates Inc | 10,941,663 | $2.80B | 0.32% | −377,347−3.3% | Reduced |
| Dodge & Cox | 10,859,121 | $2.78B | 1.56% | +192,567+1.8% | Added |
| State Street Corp | 9,382,075 | $2.40B | 0.09% | −77,807−0.8% | Reduced |
| JPMorgan Chase & Co | 5,680,808 | $1.45B | 0.10% | −1,797,316−24.0% | Reduced |
| Geode Capital Management, LLC | 4,822,075 | $1.23B | 0.09% | +36,362+0.8% | Added |
| EdgePoint Investment Group Inc. | 4,182,921 | $1.07B | 8.10% | +184,586+4.6% | Added |
| FMR LLC | 3,950,147 | $1.01B | 0.06% | −135,654−3.3% | Reduced |
| Boston Partners | 3,758,747 | $964.5M | 1.07% | −400,323−9.6% | Reduced |
| Lazard Asset Management LLC | 3,289,431 | $842.0M | 1.16% | +201,861+6.5% | Added |
| Bank of America Corp | 3,066,417 | $784.9M | 0.06% | +217,378+7.6% | Added |
| American Century Companies Inc | 3,005,786 | $769.4M | 0.42% | −122,316−3.9% | Reduced |
| Northern Trust Corp | 2,756,637 | $705.6M | 0.10% | −226,983−7.6% | Reduced |
| Norges Bank | 2,395,809 | $613.3M | 0.08% | +27,370+1.2% | Added |
| Morgan Stanley | 2,387,776 | $611.2M | 0.04% | −47,645−2.0% | Reduced |
| Dimensional Fund Advisors LP | 2,060,913 | $527.5M | 0.12% | +16,763+0.8% | Added |
| Goldman Sachs Group Inc | 2,035,410 | $521.0M | 0.08% | +448,919+28.3% | Added |
| London Co of Virginia | 1,844,928 | $472.3M | 2.67% | +250,055+15.7% | Added |
| Invesco Ltd. | 1,793,623 | $459.1M | 0.08% | −138,296−7.2% | Reduced |
| Bank of New York Mellon Corp | 1,715,613 | $439.1M | 0.08% | −88,294−4.9% | Reduced |
| Legal & General Group Plc | 1,667,323 | $426.8M | 0.11% | −80,901−4.6% | Reduced |
| Capital World Investors | 1,633,924 | $418.2M | 0.06% | +2,759+0.2% | Added |
| Charles Schwab Investment Management Inc | 1,437,307 | $367.9M | 0.06% | +6,317+0.4% | Added |
| Deutsche Bank AG | 1,436,378 | $367.7M | 0.14% | +394,473+37.9% | Added |
| Wells Fargo & Company | 1,201,735 | $307.6M | 0.07% | +12,452+1.0% | Added |
| FIL Ltd | 1,193,437 | $305.5M | 0.26% | +4,145+0.3% | Added |
| Ancora Advisors, LLC | 1,144,140 | $292.9M | 6.10% | +180,640+18.7% | Added |
| Mirae Asset Global ETFs Holdings Ltd. | 1,117,655 | $286.1M | 0.55% | −57,571−4.9% | Reduced |
| UBS Group AG | 1,111,496 | $284.5M | 0.06% | +89,395+8.7% | Added |
| Fisher Asset Management, LLC | 1,054,580 | $269.9M | 0.11% | +72,097+7.3% | Added |
| Primecap Management Co | 1,050,083 | $268.8M | 0.21% | +345,163+49.0% | Added |
| Arrowstreet Capital, Limited Partnership | 1,024,079 | $262.1M | 0.19% | +242,081+31.0% | Added |
| Holocene Advisors, LP | 983,366 | $251.7M | 0.62% | +832,210+550.6% | Added |
| Mitsubishi UFJ Trust & Banking Corp | 951,361 | $243.5M | 0.56% | +148,221+18.5% | Added |
| Hotchkis & Wiley Capital Management LLC | 818,623 | $209.5M | 0.68% | −5,100−0.6% | Reduced |
| Interval Partners, LP | 778,920 | $199.4M | 4.55% | +778,920 | New |
| Royal Bank of Canada | 753,558 | $192.9M | 0.04% | +213,466+39.5% | Added |
| Amundi | 715,442 | $187.4M | 0.06% | +57,026+8.7% | Added |
| TOMS Capital Investment Management LP | 711,000 | $182.0M | 13.49% | +711,000 | New |
| Adage Capital Partners GP, L.L.C. | 696,125 | $178.2M | 0.30% | −93,825−11.9% | Reduced |
| Swiss National Bank | 684,700 | $175.3M | 0.10% | +46,600+7.3% | Added |
| Barclays PLC | 657,433 | $168.3M | 0.07% | +267,084+68.4% | Added |
| Massachusetts Financial Services Co | 630,862 | $161.5M | 0.05% | +30,065+5.0% | Added |
| Cbre Clarion Securities LLC | 609,792 | $156.1M | 2.37% | −6,592−1.1% | Reduced |
| Cincinnati Financial Corp | 587,687 | $150.4M | 3.19% | 00.0% | Unchanged |
| Phoenix Holdings Ltd. | 580,349 | $148.6M | 1.96% | +115,066+24.7% | Added |
| National Pension Service | 569,172 | $145.7M | 0.13% | +7,681+1.4% | Added |
| Sumitomo Mitsui Trust Holdings, Inc. | 546,174 | $139.8M | 0.09% | +4,754+0.9% | Added |
| Davenport & Co LLC | 543,223 | $139.0M | 0.77% | +3,547+0.7% | Added |
| D. E. Shaw & Co., Inc. | 537,686 | $137.6M | 0.14% | +537,686 | New |
| Standard Life Aberdeen plc | 529,726 | $135.6M | 0.23% | +31,878+6.4% | Added |
| Franklin Resources Inc | 528,482 | $135.3M | 0.04% | −19,614−3.6% | Reduced |
| Nuveen, LLC | 513,213 | $131.4M | 0.04% | −2,963−0.6% | Reduced |
| Ameriprise Financial Inc | 503,849 | $129.0M | 0.03% | −14,121−2.7% | Reduced |
| Assenagon Asset Management S.A. | 493,378 | $126.3M | 0.20% | +206,560+72.0% | Added |
| Mitsubishi UFJ Kokusai Asset Management Co., Ltd. | 467,780 | $119.7M | 0.10% | +35,209+8.1% | Added |
| Raymond James Financial Inc | 451,863 | $115.7M | 0.04% | −10,469−2.3% | Reduced |
| Envestnet Asset Management Inc | 446,127 | $114.2M | 0.03% | −10,425−2.3% | Reduced |
| Millennium Management LLC | 436,226 | $111.7M | 0.10% | +407,134+1,399.5% | Added |
| Rhumbline Advisers | 432,106 | $110.6M | 0.09% | −3,359−0.8% | Reduced |
| BNP Paribas Arbitrage, SA | 425,727 | $109.0M | 0.08% | −22,246−5.0% | Reduced |
| Public Employees Retirement Association of Colorado | 422,525 | $108.2M | 0.42% | −816−0.2% | Reduced |
| Magellan Asset Management Ltd | 398,267 | $101.9M | 1.17% | −60,053−13.1% | Reduced |
| The PNC Financial Services Group, Inc. | 375,467 | $96.1M | 0.06% | −7,305−1.9% | Reduced |
| HSBC Holdings PLC | 360,758 | $92.3M | 0.06% | −53,961−13.0% | Reduced |
| California Public Employees Retirement System | 360,050 | $92.2M | 0.06% | +23,818+7.1% | Added |
| National Bank of Canada | 358,479 | $91.8M | 0.10% | +181,038+102.0% | Added |
| Commonwealth of Pennsylvania Public School Empls Retrmt Sys | 344,363 | $88.1M | 0.47% | +7,257+2.2% | Added |
| Corvex Management LP | 297,431 | $76.1M | 3.22% | 00.0% | Unchanged |
| Alliancebernstein L.P. | 289,302 | $74.1M | 0.02% | −55,424−16.1% | Reduced |
| Citigroup Inc | 287,471 | $73.6M | 0.05% | +53,557+22.9% | Added |
| HighTower Advisors, LLC | 279,801 | $71.6M | 0.09% | −10,294−3.5% | Reduced |
| Clearstead Advisors, LLC | 278,577 | $71.3M | 1.00% | −22,898−7.6% | Reduced |
| Point72 Asset Management, L.P. | 276,853 | $70.9M | 0.17% | +276,853 | New |
| LPL Financial LLC | 276,571 | $70.8M | 0.02% | +2,631+1.0% | Added |
| California State Teachers Retirement System | 271,689 | $69.5M | 0.08% | −61,949−18.6% | Reduced |
| Manning & Napier Advisors LLC | 266,000 | $68.1M | 0.81% | −13,022−4.7% | Reduced |
| Cincinnati Insurance Co | 264,400 | $67.7M | 1.14% | 00.0% | Unchanged |
| First Trust Advisors LP | 263,425 | $67.4M | 0.05% | −3,638−1.4% | Reduced |
| New York State Common Retirement Fund | 260,820 | $66.8M | 0.09% | −3,000−1.1% | Reduced |
| Canada Pension Plan Investment Board | 248,524 | $63.6M | 0.05% | +42,481+20.6% | Added |
| Principal Financial Group Inc | 248,137 | $63.5M | 0.03% | −3,849−1.5% | Reduced |
| Markel Group Inc.SuperinvestorMarkel Group | 236,500 | $60.5M | 0.51% | +7,000+3.1% | Added |
| Schonfeld Strategic Advisors LLC | 235,917 | $60.4M | 0.46% | +190,665+421.3% | Added |
| Truist Financial Corp | 225,893 | $57.8M | 0.08% | −11,508−4.8% | Reduced |
| Marshall Wace, LLP | 223,474 | $57.2M | 0.07% | −188,453−45.7% | Reduced |
| Reaves W H & Co Inc | 219,300 | $56.1M | 1.24% | 00.0% | Unchanged |
| State Board of Administration of Florida Retirement System | 216,515 | $55.4M | 0.10% | +2,640+1.2% | Added |
| Cohen & Steers, Inc. | 204,941 | $52.5M | 0.10% | 00.0% | Unchanged |
| Zacks Investment Management | 204,160 | $52.3M | 0.45% | +1,713+0.8% | Added |
| UBS Asset Management Americas Inc | 202,455 | $51.8M | 0.01% | −1,093,005−84.4% | Reduced |
| Russell Investments Group, Ltd. | 200,138 | $51.2M | 0.07% | +8,922+4.7% | Added |
| Great West Life Assurance Co | 199,663 | $51.2M | 0.08% | −7,528−3.6% | Reduced |
| Manufacturers Life Insurance Company, The | 198,847 | $50.9M | 0.05% | −297,600−59.9% | Reduced |
| Calamos Advisors LLC | 193,973 | $49.7M | 0.21% | +88,456+83.8% | Added |
| Whittier Trust Co | 192,591 | $49.3M | 0.59% | +13,584+7.6% | Added |
| Aristotle Atlantic Partners, LLC | 189,652 | $48.5M | 1.48% | −6,301−3.2% | Reduced |
| US Bancorp | 182,904 | $46.8M | 0.06% | −1,593−0.9% | Reduced |
| Bank of Montreal | 181,538 | $46.5M | 0.02% | −45,481−20.0% | Reduced |