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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, 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
Brookstone Capital Management3,376$864.2K0.01%+381+12.7%Added
Clear Harbor Asset Management, LLC3,396$869.3K0.07%−65−1.9%Reduced
Allegheny Financial Group LTD3,404$871.5K0.19%+2+0.1%Added
Almanack Investment Partners, LLC.3,408$872.3K0.14%+3,408New
Financial Sense Advisors, Inc.3,420$875.4K0.21%00.0%Unchanged
Guardian Wealth Advisors, LLC3,442$881.1K0.06%+3+0.1%Added
North Star Asset Management Inc3,460$885.7K0.04%−10−0.3%Reduced
Dover Advisors, LLC3,473$889.0K0.39%−16−0.5%Reduced
Patton Albertson Miller Group, LLC3,479$890.5K0.12%−105−2.9%Reduced
Calamos Wealth Management LLC3,491$893.6K0.04%+741+26.9%Added
IFG Advisory, LLC3,495$894.5K0.04%−266−7.1%Reduced
Tull Financial Group, Inc.3,504$896.9K0.41%+10.0%Added
Rodgers Brothers Inc.3,509$898.2K0.11%−3−0.1%Reduced
Malaga Cove Capital, LLC3,509$898.2K0.35%+1,058+43.2%Added
Acropolis Investment Management, LLC3,532$904.1K0.05%+8+0.2%Added
Athena Investment Management3,543$906.9K0.51%−154−4.2%Reduced
Shayne & Co., LLC3,546$907.7K0.30%+219+6.6%Added
Jain Global LLC3,554$909.7K0.01%−3,539−49.9%Reduced
Evermay Wealth Management LLC3,570$913.8K0.11%−100−2.7%Reduced
Quadcap Wealth Management, LLC3,587$918.2K0.12%−58−1.6%Reduced
Prudential PLC3,589$918.7K0.01%00.0%Unchanged
Key Financial Inc3,602$922.0K0.19%00.0%Unchanged
Waldron Private Wealth LLC3,622$927.1K0.04%00.0%Unchanged
Schulhoff & Co Inc3,645$933.0K0.41%00.0%Unchanged
Bollard Group LLC3,661$937.0K0.02%+200+5.8%Added
Factorial Partners, LLC3,670$939.4K0.68%−400−9.8%Reduced
Horizon Investments, LLC3,699$942.2K0.01%+451+13.9%Added
Wedgewood Investors Inc3,700$947.1K1.09%00.0%Unchanged
Navellier & Associates Inc3,700$947.1K0.12%00.0%Unchanged
Firestone Capital Management3,715$950.9K0.22%−11−0.3%Reduced
Commerzbank Aktiengesellschaft3,717$952.0K0.02%+181+5.1%Added
Canada Post Corp Registered Pension Plan3,737$956.6K0.06%+3,737New
American Money Management, LLC3,739$957.1K0.17%00.0%Unchanged
Dearborn Partners LLC3,740$957.2K0.05%+44+1.2%Added
FineMark National Bank & Trust3,741$957.6K0.03%−98−2.6%Reduced
Wedmont Private Capital3,683$957.8K0.04%−162−4.2%Reduced
Summit Financial, LLC3,746$958.9K0.02%+1,966+110.4%Added
Broderick Brian C3,750$959.9K0.19%00.0%Unchanged
Aventura Private Wealth, LLC3,753$960.7K0.42%−544−12.7%Reduced
Old National Bancorp3,754$960.9K0.02%−8−0.2%Reduced
Smartleaf Asset Management LLC3,773$965.4K0.09%−205−5.2%Reduced
Gsa Capital Partners LLP3,781$968.0K0.07%+1,700+81.7%Added
Pallas Capital Advisors LLC3,793$970.9K0.04%+2,052+117.9%Added
Searle & Co.3,797$971.9K0.27%00.0%Unchanged
Paradigm Asset Management Co LLC3,800$972.7K0.24%−1,800−32.1%Reduced
Financial Security Advisor, Inc.3,802$973.2K0.22%+3+0.1%Added
Gotham Asset Management, LLC3,807$974.5K0.01%+1,212+46.7%Added
Chicago Trust Co NA3,813$976.0K0.14%−939−19.8%Reduced
Guyasuta Investment Advisors Inc3,824$978.9K0.06%00.0%Unchanged
Summit Trail Advisors, LLC3,849$985.3K0.02%+3,849New
Westpac Banking Corp3,881$993.4K0.07%−341−8.1%Reduced
Integrated Advisors Network LLC3,888$995.1K0.04%−2,101−35.1%Reduced
Cyndeo Wealth Partners, LLC3,891$996.0K0.06%+112+3.0%Added
Brasada Capital Management, LP3,893$996.5K0.17%−150−3.7%Reduced
Philadelphia Trust Co3,894$997.0K0.08%00.0%Unchanged
VeraBank, N.A.3,905$999.6K0.20%+200+5.4%Added
Spirepoint Private Client, LLC3,920$1.00M0.11%−2−0.1%Reduced
Pathway Financial Advisers, LLC3,929$1.01M0.33%+123+3.2%Added
Fifth Third Wealth Advisors LLC3,931$1.01M0.04%+727+22.7%Added
New Hampshire Trust3,941$1.01M0.21%−363−8.4%Reduced
Delaney Dennis R3,953$1.01M0.52%−63−1.6%Reduced
Aurora Private Wealth, Inc.3,952$1.01M0.75%+10+0.3%Added
Pullen Investment Management, LLC3,979$1.02M0.61%−19−0.5%Reduced
Washington Capital Management Inc3,980$1.02M0.76%00.0%Unchanged
Centiva Capital, LP3,991$1.02M0.07%+1,856+86.9%Added
Parallel Advisors, LLC3,997$1.02M0.02%−131−3.2%Reduced
Wendell David Associates Inc4,025$1.03M0.10%00.0%Unchanged
Saturna Capital CORP4,035$1.03M0.01%−40−1.0%Reduced
Pinnacle West Asset Management, Inc.4,035$1.03M0.71%−25−0.6%Reduced
Werlinich Asset Management, LLC4,059$1.04M0.57%−50−1.2%Reduced
Ridgecrest Wealth Partners, LLC4,060$1.04M0.55%00.0%Unchanged
Fayez Sarofim & Co4,075$1.04M0.00%00.0%Unchanged
St. Clair Advisors, LLC4,097$1.05M0.27%00.0%Unchanged
Probity Advisors, Inc.4,103$1.05M0.18%−37−0.9%Reduced
TD Private Client Wealth LLC4,108$1.05M0.03%−2,176−34.6%Reduced
Stonebridge Capital Management Inc4,120$1.05M0.41%00.0%Unchanged
River Street Advisors LLC4,134$1.06M0.46%+338+8.9%Added
Aldebaran Financial Inc.4,168$1.07M1.18%00.0%Unchanged
Sargent Investment Group, LLC3,774$1.07M0.14%+902+31.4%Added
FORA Capital, LLC4,182$1.07M0.12%+4,182New
Pinnacle Financial Partners Inc4,199$1.07M0.02%+144+3.6%Added
First PREMIER Bank4,208$1.08M0.26%−75−1.8%Reduced
HBK Sorce Advisory LLC4,215$1.08M0.03%−252−5.6%Reduced
Trueblood Wealth Management, LLC4,217$1.08M0.45%00.0%Unchanged
Capital International Inc4,226$1.08M0.01%−72−1.7%Reduced
Bailard, Inc.4,227$1.08M0.03%−70−1.6%Reduced
Fiduciary Family Office, LLC4,238$1.08M0.36%−516−10.9%Reduced
Salem Investment Counselors Inc4,245$1.09M0.03%+4+0.1%Added
AMG National Trust Bank4,254$1.09M0.03%00.0%Unchanged
Schnieders Capital Management LLC4,275$1.09M0.19%+1,670+64.1%Added
WBH Advisory Inc4,294$1.10M0.09%−38−0.9%Reduced
Siemens Fonds Invest GmbH4,306$1.10M0.06%+560+14.9%Added
Venture Visionary Partners LLC4,309$1.10M0.04%+349+8.8%Added
DAGCO, Inc.4,328$1.11M0.31%−210−4.6%Reduced
Harold Davidson & Associates Inc.4,333$1.11M0.72%−2,410−35.7%Reduced
Arkadios Wealth Advisors4,333$1.11M0.03%+1,038+31.5%Added
We Are One Seven, LLC4,334$1.11M0.04%−140−3.1%Reduced
C2P Capital Advisory Group, LLC d.b.a. Prosperity Capital Advisors4,335$1.11M0.07%+45+1.0%Added
Founders Grove Wealth Partners, LLC4,380$1.12M0.28%−69−1.6%Reduced
Personal Cfo Solutions, LLC4,382$1.12M0.21%−124−2.8%Reduced