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.
| Quarter | Holders | Value |
|---|---|---|
| Q2 2026 | 1,869 | $53.6B |
| Q1 2026 | 1,841 | $48.2B |
| Q4 2025 | 1,852 | $49.8B |
| Q3 2025 | 1,801 | $50.8B |
| Q2 2025 | 1,693 | $45.1B |
| Q1 2025 | 1,656 | $41.2B |
| Q4 2024 | 1,686 | $41.0B |
| Q3 2024 | 1,612 | $42.4B |
| Q2 2024 | 1,565 | $36.7B |
| Q1 2024 | 1,628 | $43.1B |
| Q4 2023 | 1,585 | $40.1B |
| Q3 2023 | 1,444 | $33.1B |
| Q2 2023 | 1,529 | $37.9B |
| Q1 2023 | 1,500 | $35.4B |
| Q4 2022 | 1,592 | $41.8B |
| Q3 2022 | 1,501 | $36.1B |
| Q2 2022 | 1,543 | $39.6B |
| Q1 2022 | 1,646 | $50.2B |
| Q4 2021 | 1,644 | $52.7B |
| Q3 2021 | 1,494 | $42.6B |
| Q2 2021 | 1,546 | $48.1B |
| 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 |
|---|---|---|---|---|---|
| Davidson Investment Advisors | 55,618 | $14.2M | 0.64% | +642+1.2% | Added |
| Tenere Capital LLC | 55,760 | $14.3M | 3.66% | 00.0% | Unchanged |
| IFM Investors Pty Ltd | 55,908 | $14.3M | 0.14% | +2,172+4.0% | Added |
| Fjarde Ap-Fonden /Fourth Swedish National Pension Fund | 56,012 | $14.3M | 0.13% | +48,850+682.1% | Added |
| Kovitz Investment Group Partners, LLC | 56,086 | $14.4M | 0.06% | −16,950−23.2% | Reduced |
| Kimelman & Baird, LLC | 56,880 | $14.6M | 1.19% | 00.0% | Unchanged |
| Skylands Capital, LLC | 57,435 | $14.7M | 2.13% | −3,850−6.3% | Reduced |
| MetLife Investment Management | 57,450 | $14.7M | 0.09% | −1,352−2.3% | Reduced |
| J. Goldman & Co LP | 57,583 | $14.7M | 0.46% | +57,583 | New |
| Van Eck Associates Corp | 57,863 | $14.8M | 0.02% | +4,537+8.5% | Added |
| Zimmer Partners, LP | 60,500 | $15.5M | 0.35% | +7,400+13.9% | Added |
| Lowe Brockenbrough & Co Inc | 60,881 | $15.6M | 0.88% | +2,678+4.6% | Added |
| State of Michigan Retirement System | 61,290 | $15.7M | 0.08% | −100−0.2% | Reduced |
| STRS Ohio | 61,805 | $15.8M | 0.06% | +3,862+6.7% | Added |
| Richard C. Young & CO., LTD. | 63,859 | $16.3M | 1.62% | −1,894−2.9% | Reduced |
| Cetera Investment Advisers | 64,239 | $16.4M | 0.03% | −2,565−3.8% | Reduced |
| Mariner, LLC | 65,711 | $16.8M | 0.02% | −3,062−4.5% | Reduced |
| Arizona State Retirement System | 66,139 | $16.9M | 0.10% | −256−0.4% | Reduced |
| Quantinno Capital Management LP | 66,311 | $17.0M | 0.07% | +28,705+76.3% | Added |
| Squarepoint Ops LLC | 67,493 | $17.3M | 0.04% | −111,044−62.2% | Reduced |
| Brown Advisory Inc | 68,462 | $17.5M | 0.02% | −724−1.0% | Reduced |
| Lansforsakringar Fondforvaltning AB (publ) | 69,159 | $17.7M | 0.10% | −2,861−4.0% | Reduced |
| Wealth Enhancement Advisory Services, LLC | 67,849 | $17.8M | 0.03% | −3,614−5.1% | Reduced |
| Creative Planning | 70,690 | $18.1M | 0.02% | −180.0% | Reduced |
| Eisler Capital Management Ltd. | 70,790 | $18.1M | 0.62% | −39,507−35.8% | Reduced |
| Bartlett & Co. Wealth Management LLC | 70,902 | $18.1M | 0.25% | +90.0% | Added |
| DnB Asset Management AS | 72,035 | $18.4M | 0.08% | −498−0.7% | Reduced |
| Alyeska Investment Group, L.P. | 72,248 | $18.5M | 0.07% | 00.0% | Unchanged |
| NorthCrest Asset Manangement, LLC | 70,893 | $18.6M | 0.50% | −752−1.0% | Reduced |
| Resona Asset Management Co.,Ltd. | 74,167 | $19.0M | 0.09% | +3,797+5.4% | Added |
| Nomura Asset Management Co Ltd | 75,191 | $19.2M | 0.05% | +3,947+5.5% | Added |
| Sequoia Financial Advisors, LLC | 76,057 | $19.5M | 0.13% | +3,367+4.6% | Added |
| State of New Jersey Common Pension Fund D | 76,178 | $19.5M | 0.08% | −135−0.2% | Reduced |
| Whittier Trust Co of Nevada Inc | 77,702 | $19.9M | 0.45% | +2,010+2.7% | Added |
| KLP Kapitalforvaltning AS | 79,113 | $20.3M | 0.09% | +1,000+1.3% | Added |
| DekaBank Deutsche Girozentrale | 79,305 | $20.3M | 0.04% | −17,316−17.9% | Reduced |
| Yaupon Capital Management LP | 80,851 | $20.7M | 1.37% | +80,851 | New |
| Comerica Bank | 81,111 | $20.8M | 0.08% | −1,702−2.1% | Reduced |
| Acadian Asset Management LLC | 82,200 | $21.0M | 0.04% | +82,200 | New |
| Taylor Financial Group, Inc. | 84,190 | $21.6M | 13.45% | +256+0.3% | Added |
| TD Asset Management Inc | 84,364 | $21.6M | 0.02% | −688−0.8% | Reduced |
| Davidson Kempner Capital Management LP | 85,000 | $21.8M | 0.33% | +85,000 | New |
| Victory Capital Management Inc | 87,630 | $22.4M | 0.01% | −588−0.7% | Reduced |
| CI Private Wealth, LLC | 89,410 | $22.9M | 0.03% | +837+0.9% | Added |
| Danske Bank A/S | 91,486 | $23.4M | 0.06% | −4,154−4.3% | Reduced |
| Cullen Capital Management LLC | 92,087 | $23.6M | 0.27% | +92,087 | New |
| Public Employees Retirement System of Ohio | 92,112 | $23.6M | 0.08% | −839−0.9% | Reduced |
| Walleye Capital LLC | 92,825 | $23.8M | 0.22% | +92,612+43,479.8% | Added |
| Waters Parkerson & Co., LLC | 93,602 | $24.0M | 1.20% | −462−0.5% | Reduced |
| Asset Management One Co.,Ltd. | 94,563 | $24.2M | 0.08% | +2,445+2.7% | Added |
| Nisa Investment Advisors, LLC | 95,849 | $24.5M | 0.11% | +3,988+4.3% | Added |
| State of Tennessee, Treasury Department | 97,059 | $24.8M | 0.09% | +19,054+24.4% | Added |
| Encompass Capital Advisors LLC | 99,956 | $25.6M | 1.03% | +99,956 | New |
| Pictet Asset Management Holding SA | 100,318 | $25.7M | 0.03% | −117−0.1% | Reduced |
| Royal London Asset Management Ltd | 100,726 | $25.8M | 0.06% | −2,414−2.3% | Reduced |
| Universal- Beteiligungs- und Servicegesellschaft mbH | 100,773 | $25.8M | 0.05% | −4,032−3.8% | Reduced |
| Allianz Asset Management GmbH | 101,710 | $26.0M | 0.03% | −111,731−52.3% | Reduced |
| Captrust Financial Advisors | 105,113 | $26.9M | 0.06% | −2,386−2.2% | Reduced |
| Treasurer of the State of North Carolina | 105,497 | $27.0M | 0.09% | +2,052+2.0% | Added |
| Janney Montgomery Scott LLC | 105,809 | $27.1M | 0.07% | +490+0.5% | Added |
| APG Asset Management N.V. | 125,300 | $27.3M | 0.08% | +2,300+1.9% | Added |
| Fifth Third Bancorp | 108,344 | $27.7M | 0.10% | −4,195−3.7% | Reduced |
| Teacher Retirement System of Texas | 116,795 | $29.9M | 0.13% | +10,990+10.4% | Added |
| Susquehanna International Group, LLP | 117,146 | $30.0M | 0.05% | +90,142+333.8% | Added |
| Natixis Advisors, L.P. | 117,583 | $30.1M | 0.05% | −29,360−20.0% | Reduced |
| Carnegie Capital Asset Management, LLC | 117,923 | $30.2M | 0.61% | +3,380+3.0% | Added |
| Handelsbanken Fonder AB | 118,862 | $30.4M | 0.11% | −7,983−6.3% | Reduced |
| Colony Group, LLC | 120,053 | $30.7M | 0.07% | +4,636+4.0% | Added |
| State of Wisconsin Investment Board | 120,789 | $30.9M | 0.08% | −6,469−5.1% | Reduced |
| Keybank National Association | 120,823 | $30.9M | 0.12% | −2,855−2.3% | Reduced |
| Toronto Dominion Bank | 123,189 | $31.5M | 0.07% | +42,212+52.1% | Added |
| Chevy Chase Trust Holdings, Inc. | 125,915 | $32.2M | 0.09% | +299+0.2% | Added |
| Commonwealth Equity Services, LLC | 126,022 | $32.3M | 0.04% | +4,685+3.9% | Added |
| AQR Capital Management LLC | 126,253 | $32.3M | 0.03% | −39,239−23.7% | Reduced |
| Stifel Financial Corp | 129,068 | $33.0M | 0.03% | −4,650−3.5% | Reduced |
| Macquarie Group Ltd | 129,775 | $33.2M | 0.04% | −1,582−1.2% | Reduced |
| Regions Financial Corp | 130,283 | $33.3M | 0.23% | −2,219−1.7% | Reduced |
| Anchor Capital Advisors LLC | 130,335 | $33.4M | 0.98% | −3,287−2.5% | Reduced |
| Prudential Financial Inc | 134,090 | $34.3M | 0.04% | +7,567+6.0% | Added |
| Brandywine Global Investment Management, LLC | 136,464 | $34.9M | 0.25% | +136,464 | New |
| Neuberger Berman Group LLC | 136,674 | $35.0M | 0.03% | −219,968−61.7% | Reduced |
| Baird Financial Group, Inc. | 137,672 | $35.2M | 0.06% | −698−0.5% | Reduced |
| M&T Bank Corp | 143,827 | $36.8M | 0.13% | −508−0.4% | Reduced |
| Geneos Wealth Management Inc. | 148,919 | $38.1M | 0.93% | +87,402+142.1% | Added |
| Swedbank AB | 149,431 | $38.2M | 0.04% | +149,431 | New |
| Capital International Investors | 152,950 | $39.1M | 0.01% | +14,707+10.6% | Added |
| Korea Investment CORP | 155,236 | $39.7M | 0.09% | +47,105+43.6% | Added |
| Berkshire Asset Management LLC | 158,170 | $40.5M | 1.84% | +3,295+2.1% | Added |
| New York State Teachers Retirement System | 165,608 | $42.4M | 0.09% | +529+0.3% | Added |
| Junto Capital Management LP | 167,159 | $42.8M | 0.91% | +167,159 | New |
| Aviva PLC | 169,191 | $43.3M | 0.09% | +41,163+32.2% | Added |
| SEI Investments Co | 176,313 | $45.1M | 0.05% | −78,024−30.7% | Reduced |
| Cerity Partners LLC | 177,451 | $45.4M | 0.08% | −1,320−0.7% | Reduced |
| Bank of Montreal | 181,538 | $46.5M | 0.02% | −45,481−20.0% | Reduced |
| US Bancorp | 182,904 | $46.8M | 0.06% | −1,593−0.9% | Reduced |
| Aristotle Atlantic Partners, LLC | 189,652 | $48.5M | 1.48% | −6,301−3.2% | Reduced |
| Whittier Trust Co | 192,591 | $49.3M | 0.59% | +13,584+7.6% | Added |
| Calamos Advisors LLC | 193,973 | $49.7M | 0.21% | +88,456+83.8% | Added |
| Manufacturers Life Insurance Company, The | 198,847 | $50.9M | 0.05% | −297,600−59.9% | Reduced |
| Great West Life Assurance Co | 199,663 | $51.2M | 0.08% | −7,528−3.6% | Reduced |