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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
Fairman Group, LLC381$97.5K0.08%−141−27.0%Reduced
Hemington Wealth Management385$98.0K0.01%+15+4.1%Added
Stone House Investment Management, LLC390$99.7K0.02%−13−3.2%Reduced
Cascades Capital Asset Management, LLC394$100.8K0.05%+394New
Perkins Coie Trust Co395$101.1K0.02%−1−0.3%Reduced
Zions Bancorporation, National Association399$102.1K0.01%+82+25.9%Added
First Financial Corp400$102.4K0.05%−9−2.2%Reduced
Riggs Asset Managment Co. Inc.400$102.4K0.03%00.0%Unchanged
TCTC Holdings, LLC407$104.2K0.00%00.0%Unchanged
Motco376$104.5K0.01%+211+127.9%Added
Center for Financial Planning, Inc.412$105.5K0.01%−33−7.4%Reduced
Piscataqua Savings Bank425$108.8K0.09%00.0%Unchanged
Deseret Mutual Benefit Administrators426$109.0K0.05%00.0%Unchanged
Grove Bank & Trust430$110.1K0.01%−148−25.6%Reduced
Glass Jacobson Investment Advisors llc430$110.1K0.04%−588−57.8%Reduced
O'Brien Wealth Partners LLC432$110.6K0.02%−76−15.0%Reduced
Kestra Investment Management, LLC475$112.5K0.00%00.0%Unchanged
Sound Income Strategies, LLC443$113.3K0.01%+4+0.9%Added
Traub Capital Management LLC443$113.4K0.10%+443New
Capital Analysts, LLC446$114.0K0.00%00.0%Unchanged
Investors Research Corp446$114.2K0.02%00.0%Unchanged
Hollencrest Capital Management450$115.2K0.00%00.0%Unchanged
Catalyst Capital Advisors LLC453$116.0K0.00%+453New
Holos Integrated Wealth LLC420$117.6K0.07%00.0%Unchanged
AllSquare Wealth Management LLC465$119.0K0.07%00.0%Unchanged
Clean Yield Group474$121.3K0.04%00.0%Unchanged
First United Bank Trust485$124.1K0.04%−30−5.8%Reduced
Duncker Streett & Co Inc495$126.7K0.02%00.0%Unchanged
Albion Financial Group495$126.7K0.01%00.0%Unchanged
Washington Trust Advisors, Inc.500$128.0K0.01%00.0%Unchanged
Painted Porch Advisors LLC500$128.0K0.05%00.0%Unchanged
Crews Bank & Trust507$129.8K0.02%00.0%Unchanged
WealthTrak Capital Management LLC511$130.8K0.11%−95−15.7%Reduced
TruNorth Capital Management, LLC517$132.3K0.03%00.0%Unchanged
SBI Securities Co., Ltd.528$135.2K0.00%−20−3.6%Reduced
Inlight Wealth Management, LLC541$138.5K0.07%+541New
Rosenberg Matthew Hamilton542$138.7K0.03%+100+22.6%Added
Covestor Ltd541$139.0K0.08%+434+405.6%Added
West Branch Capital LLC571$146.1K0.04%00.0%Unchanged
Centaurus Financial, Inc.574$147.0K0.01%00.0%Unchanged
Livelsberger Financial Advisory576$147.6K2.86%+576New
Osterweis Capital Management Inc582$149.0K0.01%−4−0.7%Reduced
Onefund, LLC592$152.0K0.11%+592New
ESL Trust Services, LLC594$152.0K0.03%00.0%Unchanged
Vestor Capital, LLC346$154.0K0.01%−2,537−88.0%Reduced
Proffitt & Goodson Inc604$154.6K0.02%00.0%Unchanged
Pin Oak Investment Advisors Inc657$155.0K0.13%00.0%Unchanged
Investment Management Corp612$156.7K0.14%−386−38.7%Reduced
AlphaCore Capital LLC617$157.9K0.01%+617New
Hopwood Financial Services, Inc.621$159.0K0.12%−100−13.9%Reduced
Kathleen S. Wright Associates Inc.625$160.0K0.06%+2+0.3%Added
Mark Sheptoff Financial Planning, LLC650$166.4K0.09%00.0%Unchanged
Avalon Trust Co656$168.0K0.01%00.0%Unchanged
Versant Capital Management, Inc670$171.5K0.03%+75+12.6%Added
Crewe Advisors LLC675$172.8K0.02%−2−0.3%Reduced
Rowland & Co Investment Counsel676$173.0K0.04%00.0%Unchanged
SIMA Wealth Partners, LLC680$174.1K0.14%00.0%Unchanged
AdvisorNet Financial, Inc681$174.3K0.01%+1+0.1%Added
Slocum, Gordon & Co LLP682$174.6K0.14%00.0%Unchanged
Trifecta Capital Advisors, LLC685$175.3K0.03%−100−12.7%Reduced
Cromwell Holdings LLC696$178.2K0.11%00.0%Unchanged
Sentry Investment Management LLC692$181.0K0.10%00.0%Unchanged
American National Bank715$183.0K0.02%+5+0.7%Added
First Command Advisory Services, Inc.728$186.3K0.00%−375−34.0%Reduced
Gen-Wealth Partners Inc733$187.6K0.07%−8−1.1%Reduced
Harel Insurance Investments & Financial Services Ltd.759$194.0K0.00%+35+4.8%Added
Ignite Planners, LLC729$201.7K0.04%+729New
Beacon Financial Group788$201.7K0.02%+788New
Maryland Capital Advisors Inc.789$202.0K0.08%00.0%Unchanged
Missouri Trust & Investment Co790$202.2K0.07%00.0%Unchanged
Tanager Wealth Management LLP792$202.8K0.02%+792New
Kathmere Capital Management, LLC793$203.0K0.02%−58−6.8%Reduced
Farmers & Merchants Trust Co of Long Beach796$203.8K0.04%+796New
Gladstone Institutional Advisory LLC798$204.2K0.01%+798New
Belpointe Asset Management LLC798$204.5K0.01%+798New
Kelly Lawrence W & Associates Inc800$204.8K0.05%00.0%Unchanged
Allianz SE800$204.8K0.00%00.0%Unchanged
Saxony Capital Management, LLC800$204.8K0.16%+800New
Camelot Portfolios, LLC800$204.8K0.12%+800New
Burt Wealth Advisors800$204.8K0.05%+800New
Perpetual Ltd800$204.8K0.00%+800New
Trust Investment Advisors801$205.0K0.12%+801New
Modern Wealth Management, LLC806$206.3K0.01%+806New
Atlantic Trust, LLC807$206.6K0.04%+104+14.8%Added
WMG Financial Advisors, LLC816$208.9K0.08%+816New
LVZ Advisors, Inc.818$209.4K0.03%+818New
Grant Private Wealth Management Inc821$210.2K0.12%+821New
Physicians Financial Services, Inc.825$211.0K0.06%+825New
Tompkins Financial Corp825$211.2K0.02%00.0%Unchanged
Wealth Dimensions Group, Ltd.826$211.4K0.05%+826New
Sensible Money, LLC827$211.7K0.08%+827New
Evanson Asset Management, LLC829$212.1K0.01%+829New
Plotkin Financial Advisors, LLC829$212.2K0.12%+829New
Lighthouse Financial LLC833$213.2K0.16%+833New
Wilkins Miller Wealth Management, LLC834$213.6K0.15%+834New
Advisors Management Group Inc837$214.0K0.04%+837New
LVM Capital Management Ltd835$214.0K0.02%+835New
Federated Hermes, Inc.839$214.8K0.00%+295+54.2%Added
Bullock Wealth Management Group823$215.8K0.11%+3+0.4%Added
West Financial Advisors, LLC846$216.6K0.04%00.0%Unchanged