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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
Moment Partners, LLC1,593$407.8K0.08%+59+3.8%Added
Advisor OS, LLC1,601$409.8K0.04%+229+16.7%Added
Sunpointe, LLC1,610$412.1K0.16%−16−1.0%Reduced
LCNB Corp1,611$412.4K0.15%+98+6.5%Added
Rexford Capital Inc1,624$415.7K0.34%+1,624New
Bowen Hanes & Co Inc1,625$416.0K0.01%00.0%Unchanged
First City Capital Management, Inc.1,630$417.2K0.24%00.0%Unchanged
Plancorp, LLC1,630$417.2K0.01%+22+1.4%Added
Capital Planning Advisors, LLC1,633$418.0K0.06%−5−0.3%Reduced
McGlone Suttner Wealth Management, Inc.1,633$418.0K0.06%+324+24.8%Added
Advisors Capital Management, LLC1,635$418.6K0.01%+306+23.0%Added
Princeton Global Asset Management LLC1,640$419.8K0.08%+37+2.3%Added
Mystic Asset Management, Inc.1,640$419.8K0.10%+300+22.4%Added
Howard Capital Management Inc.1,655$423.6K0.01%+266+19.2%Added
Commonwealth Retirement Investments LLC1,657$424.1K0.16%−80−4.6%Reduced
Fundamentun, LLC1,659$424.7K0.02%+10+0.6%Added
Nalls Sherbakoff Group, LLC1,661$425.1K0.31%+1+0.1%Added
Laurel Wealth Advisors LLC1,675$428.8K0.06%00.0%Unchanged
W Advisors, LLC1,678$429.4K0.25%−439−20.7%Reduced
Impact Capital Partners LLC1,678$429.5K0.14%−285−14.5%Reduced
apricus wealth, LLC1,678$429.5K0.25%00.0%Unchanged
Cheviot Value Management, LLC1,535$429.8K0.05%00.0%Unchanged
Bearing Point Capital, LLC1,683$430.8K0.08%−92−5.2%Reduced
Spinnaker Trust1,685$431.3K0.03%−55−3.2%Reduced
Equitable Holdings, Inc.1,686$431.6K0.00%+220+15.0%Added
RiverFront Investment Group, LLC1,691$432.8K0.01%+1,691New
Waypoint Wealth Partners Inc.1,695$433.9K0.11%00.0%Unchanged
Red Door Wealth Management, LLC1,698$434.6K0.05%−70−4.0%Reduced
Founders Capital Management, LLC1,702$435.7K0.07%−185−9.8%Reduced
BIP Wealth, LLC1,704$436.2K0.03%−112−6.2%Reduced
Relyea Zuckerberg Hanson LLC1,704$436.2K0.05%+76+4.7%Added
Graves-Light Private Wealth Management, Inc.1,706$436.7K0.05%−11−0.6%Reduced
Thomasville National Bank1,710$437.7K0.03%−120−6.6%Reduced
YHB Investment Advisors, Inc.1,719$440.0K0.03%00.0%Unchanged
CX Institutional1,724$441.0K0.02%+348+25.3%Added
Shell Asset Management Co1,722$441.0K0.02%+790+84.8%Added
TCI Wealth Advisors, Inc.1,723$441.1K0.03%−90−5.0%Reduced
Conning Inc.1,728$442.3K0.02%−66−3.7%Reduced
ARS Investment Partners, LLC1,734$443.9K0.03%00.0%Unchanged
Diversify Advisory Services, LLC1,596$443.9K0.02%−975−37.9%Reduced
Roof Eidam & Maycock1,735$444.1K0.11%00.0%Unchanged
TownSquare Capital, LLC1,736$444.4K0.04%−4,876−73.7%Reduced
Engineers Gate Manager LP1,746$446.9K0.01%+1,746New
Raab & Moskowitz Asset Management LLC1,749$447.7K0.11%−37−2.1%Reduced
Folger Nolan Fleming Douglas Capital Management, Inc1,754$449.0K0.05%−200−10.2%Reduced
Horan Securities, Inc.1,764$451.6K0.16%+37+2.1%Added
Point72 Asia (Singapore) Pte. Ltd.1,768$452.5K0.08%+1,768New
Erste Asset Management GmbH1,770$452.8K0.00%+1,770New
Legacy Financial Advisors, Inc.1,770$453.1K0.07%+86+5.1%Added
Meridian Wealth Management, LLC1,773$453.8K0.02%+5+0.3%Added
Parsons Capital Management Inc1,776$454.6K0.03%−300−14.5%Reduced
Mirador Capital Partners LP1,788$457.7K0.07%00.0%Unchanged
Change Path, LLC1,788$457.8K0.01%+56+3.2%Added
Howard Financial Services, Ltd.1,799$460.5K0.06%−18−1.0%Reduced
Caldwell Sutter Capital, Inc.1,800$460.7K0.21%00.0%Unchanged
Crawford Investment Counsel Inc1,804$461.8K0.01%+13+0.7%Added
PFC Capital Group, Inc.1,806$462.0K0.21%−155−7.9%Reduced
Shufro Rose & Co LLC1,960$464.2K0.04%00.0%Unchanged
Delta Asset Management LLC1,818$465.3K0.04%00.0%Unchanged
Optas, LLC1,819$465.6K0.09%00.0%Unchanged
Bigelow Investment Advisors, LLC1,822$466.4K0.21%−65−3.4%Reduced
Klingman & Associates, LLC1,826$467.4K0.03%+771+73.1%Added
Employees Retirement System of Texas1,827$468.0K0.00%+1,827New
CNB Bank1,833$469.2K0.22%−226−11.0%Reduced
Cidel Asset Management Inc1,836$470.0K0.03%00.0%Unchanged
Thoroughbred Financial Services, LLC1,839$470.0K0.03%−3,400−64.9%Reduced
Welch Group, LLC1,839$470.7K0.02%−36−1.9%Reduced
BankPlus Trust Department1,840$471.0K0.14%−47−2.5%Reduced
First National Bank of Mount Dora, Trust Investment Services1,841$471.2K0.11%−278−13.1%Reduced
Fragasso Group Inc.1,841$471.3K0.03%−1−0.1%Reduced
Alerus Financial NA1,843$471.8K0.03%−61−3.2%Reduced
RFG - Bristol Wealth Advisors, LLC1,846$472.5K0.15%00.0%Unchanged
Eastern Bank1,854$474.6K0.01%−117−5.9%Reduced
Greystone Financial Group, LLC1,855$474.8K0.08%+16+0.9%Added
PFG Investments, LLC1,857$475.4K0.03%+99+5.6%Added
Signature Estate & Investment Advisors LLC1,867$477.9K0.01%−110−5.6%Reduced
Cypress Capital Group1,870$478.7K0.06%00.0%Unchanged
CMG Global Holdings, LLC1,672$478.9K0.25%−31−1.8%Reduced
Brighton Jones LLC1,873$479.5K0.01%+158+9.2%Added
Abacus Planning Group, Inc.1,877$480.5K0.07%−45−2.3%Reduced
Global Retirement Partners, LLC1,878$480.6K0.01%+1,878New
Beaton Management Co. Inc.1,880$481.0K0.23%00.0%Unchanged
Ion Asset Management Ltd.1,880$481.2K0.03%−620−24.8%Reduced
Alpha Cubed Investments, LLC1,880$481.2K0.02%+7+0.4%Added
First Financial Bank - Trust Division1,890$483.8K0.04%−2−0.1%Reduced
Cadinha & Co LLC1,896$485.3K0.08%00.0%Unchanged
Pathway Financial Advisors LLC1,901$486.6K0.07%−1,525−44.5%Reduced
Vise Technologies, Inc.1,902$486.9K0.02%+1,902New
Thurston, Springer, Miller, Herd & Titak, Inc.1,904$487.6K0.06%00.0%Unchanged
Livforsakringsbolaget Skandia, Omsesidigt1,918$490.8K0.02%00.0%Unchanged
Bay Capital Advisors, LLC1,918$490.9K0.37%−1−0.1%Reduced
Hara Capital LLC1,920$491.5K0.30%−5−0.3%Reduced
Ti-Trust, Inc1,920$491.5K0.33%00.0%Unchanged
McDonald Partners LLC1,925$492.7K0.12%00.0%Unchanged
Archer Investment Corp1,934$495.1K0.12%00.0%Unchanged
Clearview Wealth Advisors LLC1,945$497.8K0.35%−14−0.7%Reduced
Atomi Financial Group, Inc.1,957$500.9K0.02%+971+98.5%Added
Bolthouse Investments, LLC1,957$500.9K0.50%00.0%Unchanged
Ostrum Asset Management1,958$501.2K0.02%−58−2.9%Reduced
Inspirion Wealth Advisors, LLC1,971$504.5K0.07%+1+0.1%Added