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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
Groupama Asset Managment1,973$504.7K0.01%−6,763−77.4%Reduced
Brown, Lisle/Cummings, Inc.1,973$505.0K0.13%+1+0.1%Added
First National Bank1,988$508.9K0.29%−180−8.3%Reduced
Accurate Wealth Management, LLC1,935$509.2K0.08%+188+10.8%Added
Tradewinds Capital Management, LLC2,004$513.0K0.13%00.0%Unchanged
U.S. Capital Wealth Advisors, LLC2,005$513.1K0.01%+137+7.3%Added
Cutler Investment Counsel LLC2,008$514.0K0.06%00.0%Unchanged
Evergreen Capital Management LLC2,011$514.8K0.02%+269+15.4%Added
Good Life Advisors, LLC2,022$517.5K0.03%+76+3.9%Added
Verus Financial Partners, Inc.1,994$518.6K0.05%+3+0.2%Added
Successful Portfolios LLC2,028$519.1K0.32%−8−0.4%Reduced
Hurlow Wealth Management Group, Inc.2,028$519.1K0.15%00.0%Unchanged
LongView Wealth Management2,030$519.6K0.16%+5+0.2%Added
Skopos Labs, Inc.2,042$522.5K0.07%+535+35.5%Added
Cornerstone Advisors Asset Management, LLC2,048$524.2K0.10%−210−9.3%Reduced
HORAN Wealth, LLC2,052$525.3K0.16%+2,052New
GHP Investment Advisors, Inc.2,059$527.0K0.02%00.0%Unchanged
International Assets Investment Management, LLC2,068$529.3K0.04%−150−6.8%Reduced
Tyche Wealth Partners LLC2,069$529.5K0.11%00.0%Unchanged
Panagora Asset Management Inc2,081$532.7K0.00%−9−0.4%Reduced
WESCAP Management Group, Inc.2,088$534.5K0.12%00.0%Unchanged
Lantern Wealth Advisors, LLC2,090$535.0K0.32%+2,090New
GW Henssler & Associates Ltd2,094$536.0K0.03%−24−1.1%Reduced
Buckingham Strategic Partners2,105$538.8K0.01%−196−8.5%Reduced
Larson Financial Group LLC2,110$540.0K0.02%+38+1.8%Added
Oakworth Capital, Inc.2,115$541.4K0.03%−144−6.4%Reduced
Prosperity Consulting Group, LLC2,116$541.6K0.04%+23+1.1%Added
Trustco Bank Corp N Y2,116$541.6K0.53%+100+5.0%Added
Pine Harbor Wealth Management, LLC2,116$541.8K0.19%+1,163+122.0%Added
Wealth Group, Ltd.2,119$542.0K0.54%+1,068+101.6%Added
Ameritas Investment Partners, Inc.2,128$544.7K0.02%−76−3.4%Reduced
Greenland Capital Management LP2,138$547.3K0.07%+2,138New
Grandview Asset Management LLC2,143$548.0K0.18%−1,891−46.9%Reduced
Evercore Wealth Management, LLC2,146$549.3K0.01%+3+0.1%Added
Independent Financial Group, LLC2,147$549.6K0.02%+15+0.7%Added
Focus Financial Network, Inc.2,149$550.1K0.02%+103+5.0%Added
Arkansas Financial Group, Inc.2,171$555.7K0.09%00.0%Unchanged
Avantax Planning Partners, Inc.2,172$556.0K0.02%00.0%Unchanged
Centricity Wealth Management, LLC2,172$556.0K0.44%00.0%Unchanged
KFA Private Wealth Group, LLC2,175$556.8K0.17%+2,175New
Simmons Bank2,188$560.1K0.04%00.0%Unchanged
Sherbrooke Park Advisers LLC2,195$561.9K0.24%+2,195New
Ames National Corp2,200$563.1K0.36%00.0%Unchanged
Sheets Smith Wealth Management2,201$563.4K0.07%00.0%Unchanged
Coastal Bridge Advisors, LLC2,207$564.9K0.05%+42+1.9%Added
Sage Mountain Advisors LLC2,208$565.3K0.04%−204−8.5%Reduced
Cigna Investments Inc2,223$569.0K0.10%−40−1.8%Reduced
Cornell Pochily Investment Advisors, Inc.2,244$574.3K0.19%−38−1.7%Reduced
South State Corp.2,245$574.7K0.03%−17−0.8%Reduced
Canal Capital Management, LLC2,265$579.8K0.09%−10.0%Reduced
Mesirow Financial Investment Management, Inc.2,269$580.6K0.01%−4−0.2%Reduced
Coastwise Capital Group, LLC2,270$580.9K0.46%+3+0.1%Added
Howland Capital Management LLC2,277$582.8K0.02%+111+5.1%Added
Scientech Research LLC2,287$585.4K0.14%+2,287New
Lebenthal Global Advisors, LLC2,288$585.7K0.11%+27+1.2%Added
Norris Perne & French LLP2,290$586.2K0.04%00.0%Unchanged
Fort Washington Investment Advisors Inc2,291$586.4K0.00%−130−5.4%Reduced
CTC Alternative Strategies, Ltd.2,300$588.7K0.51%−300−11.5%Reduced
Gilliland Jeter Wealth Management LLC2,303$589.6K0.19%+6+0.3%Added
Becker Capital Management Inc2,315$592.6K0.02%−50−2.1%Reduced
V-Square Quantitative Management LLC2,319$593.6K0.08%−90−3.7%Reduced
Catalyst Financial Partners LLC2,324$594.9K0.06%+228+10.9%Added
Clark Capital Management Group, Inc.2,331$596.7K0.00%+6+0.3%Added
Morningstar Investment Management LLC2,333$597.0K0.05%+2,333New
Meeder Asset Management Inc2,333$597.2K0.04%+120+5.4%Added
Hoxton Planning & Management, LLC2,339$598.7K0.21%−30−1.3%Reduced
Elser Financial Planning, Inc2,348$601.0K0.75%−10−0.4%Reduced
Soltis Investment Advisors LLC2,361$604.2K0.05%+167+7.6%Added
Tyler-Stone Wealth Management2,365$605.4K0.10%−31−1.3%Reduced
Axq Capital, LP2,372$607.2K0.20%+2,372New
Seascape Capital Management2,377$608.0K0.19%−286−10.7%Reduced
Graypoint LLC2,378$608.7K0.03%+296+14.2%Added
Boltwood Capital Management2,390$611.8K0.17%+62+2.7%Added
SRS Capital Advisors, Inc.1,804$612.5K0.03%−1,196−39.9%Reduced
Aviso Financial Inc.2,397$613.6K0.03%−413−14.7%Reduced
Wedbush Securities Inc2,400$614.0K0.02%+235+10.9%Added
Rede Wealth, LLC2,399$614.2K0.22%−75−3.0%Reduced
Raiffeisen Bank International AG2,407$614.3K0.01%−85−3.4%Reduced
Fca Corp2,400$614.3K0.18%00.0%Unchanged
Cornerstone Wealth Management, LLC2,403$615.1K0.04%00.0%Unchanged
Ballast, Inc.2,408$616.4K0.16%−425−15.0%Reduced
Gratus Wealth Advisors, LLC2,408$616.5K0.09%+3+0.1%Added
AXA S.A.2,411$617.1K0.00%−282−10.5%Reduced
Gryphon Financial Partners LLC2,424$620.6K0.08%+52+2.2%Added
Atlantic Edge Private Wealth Management, LLC2,425$620.9K0.17%−100−4.0%Reduced
Smith, Salley & Associates2,426$621.1K0.04%−67−2.7%Reduced
SeaCrest Wealth Management, LLC2,429$621.7K0.07%+40+1.7%Added
Mendel Money Management2,429$621.8K0.28%+67+2.8%Added
Gilbert & Cook, Inc.2,430$622.0K0.08%+41+1.7%Added
Monticello Wealth Management, LLC2,436$623.5K0.05%+10.0%Added
Mine & Arao Wealth Creation & Management, LLC.2,436$623.6K0.28%+8+0.3%Added
Cerro Pacific Wealth Advisors LLC2,448$626.5K0.17%−243−9.0%Reduced
Argyle Capital Management Inc.2,462$630.2K0.23%00.0%Unchanged
Berkeley Capital Partners, LLC2,473$632.9K0.16%+2,473New
Meketa Investment Group Inc2,475$633.5K1.92%−351−12.4%Reduced
Hendershot Investments Inc.2,480$634.8K0.08%00.0%Unchanged
Sigma Planning Corp2,484$635.9K0.02%−73−2.9%Reduced
Massmutual Trust Co FSB2,491$637.6K0.02%+120+5.1%Added
Papp L Roy & Associates2,494$638.4K0.08%00.0%Unchanged
Roberts Wealth Advisors, LLC2,500$639.9K0.18%−400−13.8%Reduced