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Livermore
Livermore
ZHEN

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, 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.

Institutional holdersQ2 2025: 1,693 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 heldQ2 2025: $45.1B
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, Q2 2025

Shares, value and share of portfolio for each institution holding Norfolk Southern Corp; share changes are against Q1 2025.

Institutions holding NSC in Q2 2025
InstitutionSharesValue% of portfolioChange in sharesAction
Transamerica Financial Advisors, Inc.1$1230.00%−1−50.0%Reduced
Total Investment Management Inc2$5120.00%+2New
IMA Wealth, Inc.2$5120.00%+2New
Delos Wealth Advisors, LLC4$1.02K0.00%+4New
IMG Wealth Management, Inc.4$1.02K0.00%+4New
Wolff Wiese Magana LLC5$1.28K0.00%00.0%Unchanged
Raffa Wealth Management, LLC5$1.28K0.00%00.0%Unchanged
Richard W. Paul & Associates, LLC6$1.54K0.00%00.0%Unchanged
Tidemark, LLC6$1.54K0.00%00.0%Unchanged
Principia Wealth Advisory, LLC6$1.54K0.00%+2+50.0%Added
HFM Investment Advisors, LLC6$1.54K0.00%+4+200.0%Added
New England Capital Financial Advisors LLC7$1.70K0.00%00.0%Unchanged
Kennebec Savings Bank7$1.79K0.00%00.0%Unchanged
Park Square Financial Group, LLC7$1.79K0.00%00.0%Unchanged
Anfield Capital Management, LLC8$2.05K0.00%00.0%Unchanged
High Note Wealth, LLC8$2.05K0.00%+8New
Signature Resources Capital Management, LLC8$2.05K0.00%+8New
Hughes Financial Services, LLC8$2.26K0.00%−4−33.3%Reduced
GoalVest Advisory LLC9$2.30K0.00%−28−75.7%Reduced
Rialto Wealth Management, LLC9$2.30K0.00%+6+200.0%Added
Kayne Anderson Rudnick Investment Management LLC10$2.56K0.00%00.0%Unchanged
Iron Horse Wealth Management, LLC10$2.56K0.00%00.0%Unchanged
Binnacle Investments Inc10$2.56K0.00%00.0%Unchanged
Bay Harbor Wealth Management, LLC11$2.81K0.00%+6+120.0%Added
Bare Financial Services, Inc11$2.82K0.00%+2+22.2%Added
Solstein Capital, LLC11$2.82K0.00%+11New
Burkett Financial Services, LLC11$2.85K0.00%00.0%Unchanged
FNY Investment Advisers, LLC13$3.00K0.00%+13New
DiNuzzo Private Wealth, Inc.12$3.07K0.00%00.0%Unchanged
Family Legacy Financial Solutions, LLC14$3.58K0.00%+14New
Truvestments Capital LLC15$3.77K0.00%00.0%Unchanged
Kozak & Associates, Inc.15$3.94K0.00%00.0%Unchanged
Penserra Capital Management LLC18$4.00K0.00%00.0%Unchanged
Pineridge Advisors LLC16$4.16K0.00%00.0%Unchanged
Fortitude Family Office, LLC17$4.35K0.00%+10+142.9%Added
TFC Financial Management18$4.62K0.00%+1+5.9%Added
LGT Financial Advisors LLC22$5.56K0.01%+2+10.0%Added
Cetera Trust Company, N.A23$5.89K0.00%00.0%Unchanged
Transce3nd, LLC24$6.14K0.00%+6+33.3%Added
GFG Capital, LLC24$6.14K0.00%+24New
DT Investment Partners, LLC24$6.14K0.00%00.0%Unchanged
Byrne Asset Management LLC25$6.40K0.00%00.0%Unchanged
Aventus Investment Advisors, Inc.25$6.40K0.01%+25New
Whipplewood Advisors, LLC27$6.91K0.00%−8−22.9%Reduced
Westside Investment Management, Inc.28$7.35K0.00%+28New
Park Place Capital Corp28$7.35K0.00%00.0%Unchanged
NVWM, LLC29$7.42K0.00%+25+625.0%Added
Icon Advisers Inc30$7.68K0.00%+30New
Coston, McIsaac & Partners34$8.00K0.00%00.0%Unchanged
Keener Financial Planning LLC34$8.00K0.00%00.0%Unchanged
Aspect Partners, LLC32$8.19K0.00%00.0%Unchanged
Sunbelt Securities, Inc.35$8.22K0.00%−186−84.2%Reduced
Dogwood Wealth Management LLC34$8.88K0.00%+32+1,600.0%Added
Eukles Asset Management35$8.96K0.00%00.0%Unchanged
MPWM Advisory Solutions, LLC37$9.47K0.01%00.0%Unchanged
CBIZ Investment Advisory Services, LLC37$9.47K0.00%+26+236.4%Added
Financial Network Wealth Advisors LLC39$9.98K0.01%00.0%Unchanged
Kilter Group LLC39$9.98K0.00%+39New
Roble, Belko & Company, Inc40$10.0K0.00%00.0%Unchanged
Consultiva Wealth Management, Corp.42$10.8K0.03%00.0%Unchanged
Avion Wealth45$11.0K0.00%+23+104.5%Added
City State Bank44$11.3K0.00%00.0%Unchanged
Howard Hughes Medical Institute48$12.3K0.00%+48New
Strategic Wealth Partners, Ltd.48$12.3K0.00%+48New
ORG Partners LLC48$12.6K0.00%+30+166.7%Added
Arvest Investments, Inc.50$12.8K0.00%00.0%Unchanged
First Community Trust NA50$12.8K0.01%00.0%Unchanged
Cornerstone Planning Group LLC47$13.2K0.00%−31−39.7%Reduced
S&T Bank52$13.3K0.00%+7+15.6%Added
Sachetta, LLC54$13.8K0.01%+17+45.9%Added
Gleason Group, Inc.55$14.0K0.00%+1+1.9%Added
Bell Investment Advisors, Inc59$15.1K0.00%−4−6.3%Reduced
Valued Wealth Advisors LLC59$15.1K0.01%−15−20.3%Reduced
Country Trust Bank60$15.4K0.00%+50+500.0%Added
Highline Wealth Partners LLC61$15.7K0.00%−2−3.2%Reduced
Quarry LP62$15.9K0.00%−2,453−97.5%Reduced
Activest Wealth Management64$16.4K0.00%+44+220.0%Added
Morse Asset Management, Inc65$16.6K0.00%00.0%Unchanged
Innovative Advisory Group, LLC70$17.9K0.02%+70New
McIlrath & Eck, LLC71$18.2K0.00%00.0%Unchanged
Retirement Wealth Solutions LLC73$18.7K0.01%00.0%Unchanged
Bayforest Capital Ltd73$18.7K0.01%+73New
Darwin Advisors, LLC75$19.2K0.01%00.0%Unchanged
Private Wealth Management Group, LLC75$19.2K0.01%00.0%Unchanged
Midwest Capital Advisors, LLC76$19.5K0.01%00.0%Unchanged
SOA Wealth Advisors, LLC.80$20.5K0.00%00.0%Unchanged
Glen Eagle Advisors, LLC81$20.8K0.00%00.0%Unchanged
Twin Peaks Wealth Advisors, LLC75$20.8K0.01%+75New
Foster Dykema Cabot & Partners, LLC83$21.2K0.00%00.0%Unchanged
Financial Management Professionals, Inc.83$21.3K0.00%−13−13.5%Reduced
United Community Bank85$21.8K0.01%00.0%Unchanged
Creekmur Asset Management LLC86$21.9K0.00%+44+104.8%Added
Ameriflex Group, Inc.89$22.6K0.01%−299−77.1%Reduced
Wood Tarver Financial Group, LLC94$24.0K0.01%00.0%Unchanged
Itau Unibanco Holding S.A.94$24.1K0.00%−3−3.1%Reduced
GW&K Investment Management, LLC97$25.0K0.00%−16−14.2%Reduced
Luken Investment Analytics, LLC100$25.6K0.01%00.0%Unchanged
Game Plan Financial Advisors, LLC100$25.6K0.01%00.0%Unchanged
Comprehensive Financial Planning, Inc.100$25.6K0.02%00.0%Unchanged
BNP Paribas100$25.6K0.00%+100New