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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
KMG Fiduciary Partners, LLC846$216.6K0.02%00.0%Unchanged
Journey Strategic Wealth LLC848$217.0K0.01%+848New
J. W. Coons Advisors, LLC850$217.6K0.05%−200−19.0%Reduced
Capital Management Corp850$217.6K0.04%00.0%Unchanged
WT Wealth Management850$217.6K0.06%00.0%Unchanged
Hudson Value Partners, LLC850$217.6K0.08%00.0%Unchanged
Tacita Capital Inc850$217.6K0.14%00.0%Unchanged
Twin Capital Management Inc852$218.1K0.02%−47−5.2%Reduced
Manchester Capital Management LLC852$218.1K0.03%−6−0.7%Reduced
Hanlon Investment Management, Inc.855$218.9K0.16%−22−2.5%Reduced
Broadleaf Partners, LLC861$220.4K0.05%00.0%Unchanged
Tiemann Investment Advisors, LLC862$220.6K0.09%−100−10.4%Reduced
Ted Buchan & Co862$220.6K0.09%00.0%Unchanged
SC&H Financial Advisors, Inc.862$220.7K0.04%00.0%Unchanged
Cascade Financial Partners, LLC864$221.2K0.03%+864New
Great Diamond Partners, LLC868$222.2K0.05%+868New
Stephenson National Bank & Trust869$222.4K0.07%−2−0.2%Reduced
Liberty Capital Management, Inc.869$222.4K0.04%00.0%Unchanged
Wealthquest Corp869$222.4K0.02%+10+1.2%Added
Toth Financial Advisory Corp875$224.0K0.03%00.0%Unchanged
MASTERINVEST Kapitalanlage GmbH875$224.0K0.02%+875New
FLC Capital Advisors876$224.2K0.05%+876New
Zullo Investment Group, Inc.883$226.1K0.09%−1−0.1%Reduced
Asset Planning Corporation884$226.3K0.12%00.0%Unchanged
Saxon Interests, Inc.956$226.4K0.11%00.0%Unchanged
Quaero Capital S.A.888$227.3K0.28%+888New
Foguth Wealth Management, LLC.889$227.6K0.05%−6−0.7%Reduced
Planning Directions Inc891$228.0K0.13%−163−15.5%Reduced
Orrstown Financial Services Inc891$228.1K0.05%−51−5.4%Reduced
FSM Wealth Advisors, LLC880$228.7K0.04%+880New
Independent Solutions Wealth Management, LLC895$229.1K0.04%00.0%Unchanged
Sage Capital Management, LLC895$229.1K0.11%00.0%Unchanged
Richwood Investment Advisors, LLC899$230.1K0.19%00.0%Unchanged
Palogic Value Management, L.P.900$230.4K0.10%00.0%Unchanged
Westhampton Capital, LLC900$230.4K0.12%00.0%Unchanged
Jeppson Wealth Management, LLC900$230.4K0.08%00.0%Unchanged
Park Edge Advisors, LLC900$230.4K0.06%00.0%Unchanged
Premier Path Wealth Partners, LLC901$230.6K0.03%−69−7.1%Reduced
Empirical Financial Services, LLC d.b.a. Empirical Wealth Management902$230.9K0.01%+48+5.6%Added
First American Trust, FSB903$231.1K0.02%−1−0.1%Reduced
Stonebridge Capital Advisors LLC906$231.9K0.02%+906New
Kovack Advisors, Inc.908$232.5K0.02%−400−30.6%Reduced
Addison Advisors LLC913$233.7K0.06%+116+14.6%Added
Royal Capital Wealth Management, LLC916$234.5K0.16%00.0%Unchanged
Pure Financial Advisors, Inc.919$235.2K0.00%+919New
Heartwood Wealth Advisors LLC921$235.7K0.02%00.0%Unchanged
Root Financial Partners, LLC923$236.3K0.02%+35+3.9%Added
MeadowBrook Investment Advisors LLC925$236.8K0.22%00.0%Unchanged
Cantor Fitzgerald Investment Adviser L.P.925$236.8K0.02%00.0%Unchanged
CHB Investment Group, LLC928$238.0K0.12%00.0%Unchanged
Barnes Pettey Financial Advisors, LLC935$239.3K0.16%00.0%Unchanged
Wela Strategies, Inc.938$240.1K0.09%00.0%Unchanged
NTV Asset Management LLC940$240.6K0.03%00.0%Unchanged
Zhang Financial LLC941$240.9K0.01%−33−3.4%Reduced
Norden Group LLC942$241.2K0.03%+6+0.6%Added
Cassaday & Co Wealth Management LLC943$241.4K0.01%−44−4.5%Reduced
CRA Financial Services, LLC946$242.1K0.04%+5+0.5%Added
MCF Advisors LLC949$242.9K0.02%00.0%Unchanged
Horizon Bancorp Inc949$243.0K0.12%−40−4.0%Reduced
Teza Capital Management LLC952$243.7K0.18%+952New
Measured Wealth Private Client Group, LLC953$243.9K0.07%00.0%Unchanged
National Philanthropic Trust958$245.2K0.00%−1,936−66.9%Reduced
Wealth Preservation Advisors, LLC962$246.2K0.15%−2−0.2%Reduced
Aviance Capital Partners, LLC962$246.2K0.03%00.0%Unchanged
OLIO Financial Planning970$248.2K0.08%+970New
Cornerstone Select Advisors, LLC971$248.5K0.22%00.0%Unchanged
Marotta Asset Management975$249.5K0.05%−955−49.5%Reduced
Rise Advisors, LLC975$249.5K0.10%+6+0.6%Added
L.M. Kohn & Company975$249.6K0.07%−2−0.2%Reduced
VGI Partners Ltd976$249.8K0.02%+976New
Green Harvest Asset Management LLC979$250.6K0.01%−274−21.9%Reduced
Trinity Financial Advisors LLC982$251.3K0.08%−60−5.8%Reduced
Strategic Investment Advisors982$251.4K0.02%+11+1.1%Added
Creekside Partners983$251.6K0.12%00.0%Unchanged
Pekin Hardy Strauss, Inc.992$253.9K0.03%+53+5.6%Added
Patton Fund Management, Inc.993$254.2K0.06%+993New
DRW Securities, LLC999$255.7K0.02%+999New
Brandywine Oak Private Wealth LLC999$255.7K0.02%−1−0.1%Reduced
Davidson Trust Co1,000$256.0K0.12%−925−48.1%Reduced
Argus Investors' Counsel, Inc.1,000$256.0K0.18%00.0%Unchanged
First Financial Bankshares Inc1,000$256.0K0.01%00.0%Unchanged
J. L. Bainbridge & Co., Inc.1,000$256.0K0.02%00.0%Unchanged
Ayrshire Capital Management LLC1,000$256.0K0.12%00.0%Unchanged
Petix & Botte Co1,000$256.0K0.06%00.0%Unchanged
bLong Financial, LLC1,000$256.0K0.20%00.0%Unchanged
Accordant Advisory Group Inc1,000$256.0K0.19%00.0%Unchanged
Winnow Wealth LLC1,000$256.0K0.19%+992+12,400.0%Added
Peachtree Investment Partners, LLC1,000$256.1K0.10%+3+0.3%Added
Signal Advisors Wealth, LLC1,001$256.2K0.02%+27+2.8%Added
Triangle Securities Wealth Management1,003$256.7K0.06%00.0%Unchanged
QTR Family Wealth, LLC1,003$256.8K0.16%+122+13.8%Added
L2 Asset Management, LLC1,005$257.3K0.04%+43+4.5%Added
Tritonpoint Wealth, LLC1,006$257.5K0.02%−128−11.3%Reduced
Quaker Wealth Management, LLC1,007$257.7K0.09%+1,007New
Curat Global, LLC1,010$258.5K0.25%+105+11.6%Added
Stratos Wealth Advisors, LLC1,013$259.4K0.01%00.0%Unchanged
West Family Investments, Inc.1,015$259.8K0.07%+1,015New
Elwood & Goetz Wealth Advisory Group, LLC1,016$260.1K0.06%00.0%Unchanged
CWS Financial Advisors, LLC1,019$260.8K0.08%00.0%Unchanged
Kingswood Wealth Advisors, LLC1,021$261.3K0.02%+33+3.3%Added