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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
Heritage Wealth Advisors4,383$1.12M0.05%−43−1.0%Reduced
Sagespring Wealth Partners, LLC4,398$1.13M0.02%+784+21.7%Added
Banque Cantonale Vaudoise4,400$1.13M0.05%00.0%Unchanged
Texas Bank & Trust Co4,400$1.13M0.45%−15−0.3%Reduced
Goelzer Investment Management, Inc.4,416$1.13M0.06%−55−1.2%Reduced
Lavaca Capital LLC4,417$1.13M0.46%00.0%Unchanged
Moneta Group Investment Advisors LLC4,434$1.14M0.01%−116−2.5%Reduced
Catalytic Wealth RIA, LLC4,441$1.14M0.09%+1,528+52.5%Added
St Germain D J Co Inc4,444$1.14M0.05%+791+21.7%Added
Pine Valley Investments Ltd Liability Co4,453$1.14M0.07%−276−5.8%Reduced
Foundations Investment Advisors, LLC4,460$1.14M0.02%+47+1.1%Added
Carret Asset Management, LLC4,474$1.15M0.12%−175−3.8%Reduced
Assetmark, Inc4,477$1.15M0.00%−2,556−36.3%Reduced
Wolverine Trading, LLC4,488$1.15M0.03%−7,569−62.8%Reduced
Meiji Yasuda Asset Management Co Ltd.4,487$1.15M0.06%−2,664−37.3%Reduced
Univest Financial Corp4,492$1.15M0.07%+794+21.5%Added
Capital International Sarl4,497$1.15M0.02%+163+3.8%Added
Crestwood Advisors Group LLC4,508$1.15M0.02%+174+4.0%Added
Vestcor Inc4,513$1.16M0.03%+6+0.1%Added
Heritage Trust Co4,547$1.16M0.13%+123+2.8%Added
Sym Financial Corp4,575$1.17M0.13%+500+12.3%Added
Principal Securities, Inc.4,597$1.18M0.02%+1,349+41.5%Added
Chemistry Wealth Management LLC4,608$1.18M0.25%00.0%Unchanged
Savant Capital, LLC4,614$1.18M0.01%−1,157−20.0%Reduced
Essex Financial Services, Inc.4,619$1.18M0.08%+847+22.5%Added
Adviser Investments LLC4,623$1.18M0.01%−140−2.9%Reduced
Country Club Bank4,658$1.19M0.07%−55−1.2%Reduced
Certified Advisory Corp4,666$1.19M0.12%+22+0.5%Added
Private Wealth Asset Management, LLC4,680$1.20M0.16%−80−1.7%Reduced
Private Trust Co NA4,697$1.20M0.11%−612−11.5%Reduced
Capital Square, LLC4,531$1.21M0.64%−200−4.2%Reduced
DF Dent & Co Inc4,730$1.21M0.02%−431−8.4%Reduced
Iowa State Bank4,758$1.22M0.24%+4,758New
Banco Bilbao Vizcaya Argentaria, S.A.4,794$1.23M0.01%−601−11.1%Reduced
Taylor Hoffman Capital Management LLC4,796$1.23M0.42%00.0%Unchanged
Ashton Thomas Private Wealth, LLC4,806$1.23M0.04%−73−1.5%Reduced
Marshall & Sterling Wealth Advisors Inc.4,820$1.23M0.84%−50−1.0%Reduced
Atria Wealth Solutions, Inc.4,808$1.24M0.03%−1,225−20.3%Reduced
Tower Trust & Investment Co4,845$1.24M0.88%+107+2.3%Added
Mission Wealth Management, LP4,849$1.24M0.03%+1,008+26.2%Added
Chicago Partners Investment Group LLC4,434$1.24M0.04%+752+20.4%Added
National Asset Management, Inc.4,865$1.25M0.06%−3,332−40.6%Reduced
CoreFirst Bank & Trust4,885$1.25M0.71%00.0%Unchanged
Grantham, Mayo, Van Otterloo & Co. LLC4,901$1.25M0.00%+4,901New
Mutual Advisors, LLC4,478$1.26M0.03%+181+4.2%Added
Union Savings Bank4,578$1.27M0.58%00.0%Unchanged
MUFG Securities Americas Inc.4,996$1.28M0.11%+988+24.7%Added
Jump Financial, LLC5,006$1.28M0.02%+3,397+211.1%Added
MidWestOne Financial Group, Inc.5,009$1.28M0.17%−3−0.1%Reduced
Alpine Bank Wealth Management5,092$1.30M0.20%00.0%Unchanged
Radnor Capital Management, LLC5,165$1.32M0.21%−51−1.0%Reduced
Clark Asset Management, LLC5,227$1.34M0.18%+5,227New
Forum Financial Management, LP5,239$1.34M0.02%−200−3.7%Reduced
GAMMA Investing LLC5,243$1.34M0.08%+1,064+25.5%Added
Envestnet Portfolio Solutions, Inc.5,259$1.35M0.00%−642−10.9%Reduced
Sound View Wealth Advisors Group, LLC5,263$1.35M0.10%+29+0.6%Added
Rehmann Capital Advisory Group5,263$1.35M0.08%+29+0.6%Added
Roundview Capital LLC5,264$1.35M0.09%−244−4.4%Reduced
Boston Trust Walden Corp5,267$1.35M0.01%00.0%Unchanged
Mayfair Advisory Group, LLC4,868$1.36M0.64%−133−2.7%Reduced
Everence Capital Management Inc5,330$1.36M0.09%−210−3.8%Reduced
Oak Hill Wealth Advisors, LLC5,260$1.37M0.28%+900+20.6%Added
Ballentine Partners, LLC5,368$1.37M0.02%−78−1.4%Reduced
Ascent Group, LLC5,372$1.38M0.05%+159+3.1%Added
David Loasby5,028$1.38M0.12%+428+9.3%Added
CSU Producer Resources, Inc.5,400$1.38M4.32%00.0%Unchanged
Sierra Summit Advisors LLC5,406$1.38M0.25%−254−4.5%Reduced
Joel Isaacson & Co., LLC5,407$1.38M0.06%−90−1.6%Reduced
Letson Investment Management, Inc.5,415$1.39M0.55%+20.0%Added
Dorsey & Whitney Trust CO LLC5,476$1.40M0.07%−430−7.3%Reduced
Cove Private Wealth, LLC5,500$1.41M0.50%00.0%Unchanged
Meeder Advisory Services, Inc.5,509$1.41M0.07%+528+10.6%Added
Diversified Trust Co5,513$1.41M0.03%−327−5.6%Reduced
City Holding Co5,523$1.41M0.19%+395+7.7%Added
VCI Wealth Management LLC5,526$1.41M0.50%+326+6.3%Added
Albert D Mason Inc5,530$1.42M1.02%−1,425−20.5%Reduced
Exchange Bank5,556$1.42M1.13%−100−1.8%Reduced
Visionary Wealth Advisors5,559$1.42M0.07%00.0%Unchanged
Wilkins Investment Counsel Inc5,562$1.42M0.20%00.0%Unchanged
King Luther Capital Management Corp5,574$1.43M0.01%+8+0.1%Added
Farther Finance Advisors, LLC5,578$1.43M0.03%−431−7.2%Reduced
LRT Capital Management, LLC5,585$1.43M0.85%+2,387+74.6%Added
Ieq Capital, LLC5,591$1.43M0.01%−7,335−56.7%Reduced
SS&H Financial Advisors, Inc.5,600$1.43M0.48%00.0%Unchanged
Main Street Group, LTD5,608$1.44M0.47%−835−13.0%Reduced
Umpqua Bank5,520$1.44M0.44%+4+0.1%Added
Journey Advisory Group, LLC5,644$1.44M0.11%+200+3.7%Added
TFG Advisers LLC5,717$1.46M0.50%+18+0.3%Added
Lineweaver Wealth Advisors, LLC5,735$1.47M0.23%+628+12.3%Added
Keystone Financial Group5,745$1.47M0.13%−12−0.2%Reduced
Fulton Bank, N.A.5,773$1.48M0.05%−832−12.6%Reduced
Peapack Gladstone Financial Corp5,772$1.48M0.02%−825−12.5%Reduced
First National Trust Co5,806$1.49M0.06%−284−4.7%Reduced
Quadrant Capital Group LLC5,807$1.49M0.05%+499+9.4%Added
Crossmark Global Holdings, Inc.5,824$1.49M0.02%−631−9.8%Reduced
Citizens Financial Group Inc5,861$1.50M0.02%+284+5.1%Added
Salvus Wealth Management, LLC5,863$1.50M0.88%+934+18.9%Added
Benjamin Edwards Inc5,895$1.51M0.02%−186−3.1%Reduced
Stratos Wealth Partners, LTD.5,915$1.51M0.02%−487−7.6%Reduced
Valmark Advisers, Inc.5,923$1.52M0.02%−40−0.7%Reduced