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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
Garrison Bradford & Associates Inc2,500$639.9K0.71%00.0%Unchanged
Constitution Capital LLC2,500$639.9K0.33%+500+25.0%Added
Taconic Capital Advisors LP2,500$639.9K0.07%+2,500New
Harbour Investments, Inc.2,503$640.7K0.02%+4+0.2%Added
JFS Wealth Advisors, LLC2,506$641.4K0.04%−10.0%Reduced
Sollinda Capital Management LLC2,514$643.5K0.17%+9+0.4%Added
Insigneo Advisory Services, LLC2,516$644.0K0.06%+316+14.4%Added
Creative Financial Designs Inc2,518$644.5K0.05%−10.0%Reduced
Profund Advisors LLC2,531$647.9K0.02%+236+10.3%Added
Capital Investment Advisory Services, LLC2,545$651.4K0.05%−11−0.4%Reduced
Everhart Financial Group, Inc.2,545$651.4K0.08%−328−11.4%Reduced
GeoWealth Management, LLC2,560$655.3K0.03%+254+11.0%Added
Wealthcare Advisory Partners LLC2,563$656.2K0.01%+164+6.8%Added
Cambria Investment Management, L.P.2,572$658.4K0.04%+2,572New
Lombard Odier Asset Management (USA) Corp2,578$659.9K0.17%+637+32.8%Added
NorthRock Partners, LLC2,587$662.2K0.02%+20+0.8%Added
Two Sigma Investments, LP2,590$663.0K0.00%−42,701−94.3%Reduced
Monarch Capital Management Inc2,590$663.0K0.18%−50−1.9%Reduced
Miracle Mile Advisors, LLC2,602$666.0K0.01%−437−14.4%Reduced
Ferguson Wellman Capital Management, Inc2,607$667.3K0.01%00.0%Unchanged
Reynders McVeigh Capital Management, LLC2,612$669.0K0.03%−497−16.0%Reduced
Curbstone Financial Management Corp2,614$669.1K0.14%−18−0.7%Reduced
Flagship Harbor Advisors, LLC2,628$672.7K0.03%+6+0.2%Added
Vontobel Holding Ltd.2,633$674.0K0.00%−162−5.8%Reduced
Schrum Private Wealth Management LLC2,633$674.0K0.54%00.0%Unchanged
Kendall Capital Management2,654$679.3K0.18%−251−8.6%Reduced
Heritage Wealth Management, Inc.2,666$682.4K0.22%−200−7.0%Reduced
Garner Asset Management Corp2,667$682.6K0.32%−396−12.9%Reduced
Compass Ion Advisors, LLC2,670$683.4K0.07%+10+0.4%Added
MBL Wealth, LLC2,675$684.7K0.07%−189−6.6%Reduced
Salomon & Ludwin, LLC2,634$690.1K0.07%00.0%Unchanged
S.A. Mason LLC2,700$691.1K0.33%00.0%Unchanged
Formidable Asset Management, LLC2,921$691.9K0.12%00.0%Unchanged
Inspire Advisors, LLC2,710$693.7K0.07%−22−0.8%Reduced
Trust Co of Oklahoma2,717$695.5K0.22%−70−2.5%Reduced
Checchi Capital Advisers, LLC2,726$697.7K0.05%−144−5.0%Reduced
Advance Capital Management, Inc.2,726$697.8K0.03%00.0%Unchanged
Core Alternative Capital2,727$698.2K0.19%−18,168−86.9%Reduced
Peoples Financial Services Corp.2,733$699.6K0.35%−300−9.9%Reduced
Great Lakes Advisors, LLC2,741$701.7K0.01%−7,862−74.1%Reduced
Level Four Advisory Services, LLC2,764$707.5K0.03%+192+7.5%Added
Lee Danner & Bass Inc2,781$711.9K0.06%−402−12.6%Reduced
Silver Lake Advisory, LLC2,783$712.4K0.30%+15+0.5%Added
Valley National Advisers Inc2,788$713.0K0.12%−215−7.2%Reduced
Colonial Trust Co2,801$717.0K0.10%+3+0.1%Added
First Citizens Bank & Trust Co2,827$723.6K0.01%−60−2.1%Reduced
Kelman-Lazarov, Inc.2,842$727.5K0.12%−194−6.4%Reduced
Hilltop Holdings Inc.2,852$730.1K0.05%+488+20.6%Added
Dynamic Advisor Solutions LLC2,856$731.0K0.02%−715−20.0%Reduced
Mather Group, LLC.2,873$735.4K0.01%−122−4.1%Reduced
Woodward Diversified Capital, LLC2,875$735.9K0.37%+933+48.0%Added
Chesapeake Wealth Management2,877$736.4K0.25%00.0%Unchanged
WSFS Capital Management, LLC2,878$736.8K0.04%−99−3.3%Reduced
Prudent Investors Network2,890$739.8K0.20%+2,890New
E. Ohman J:or Asset Management AB2,900$742.3K0.02%−1,206−29.4%Reduced
Live Oak Private Wealth LLC2,910$744.9K0.11%+324+12.5%Added
Excalibur Management Corp2,911$745.1K0.28%−10.0%Reduced
MEMBERS Trust Co2,918$746.9K0.03%+347+13.5%Added
KLCM Advisors, Inc.2,925$748.7K0.08%−200−6.4%Reduced
OneAscent Financial Services LLC2,896$749.0K0.05%−2,048−41.4%Reduced
Alan B. Lancz & Associates, Inc.2,941$752.8K0.75%−100−3.3%Reduced
Centric Wealth Management2,692$753.8K0.18%00.0%Unchanged
Choate Investment Advisors2,979$762.5K0.02%−13−0.4%Reduced
First Horizon Advisors, Inc.2,987$764.6K0.02%−60−2.0%Reduced
Harbor Advisors LLC3,000$767.9K0.13%00.0%Unchanged
XML Financial, LLC3,001$768.1K0.07%+9+0.3%Added
Smith, Moore & Co.3,002$768.3K0.06%−68−2.2%Reduced
Cinctive Capital Management LP3,002$768.4K0.04%+3,002New
Advocate Group LLC3,005$769.2K0.14%−133−4.2%Reduced
Everpar Advisors LLC3,017$772.3K0.35%+149+5.2%Added
CoreCap Advisors, LLC3,036$777.1K0.03%−63−2.0%Reduced
Syon Capital LLC3,047$780.0K0.05%+495+19.4%Added
Mairs & Power Inc3,054$781.7K0.01%−118−3.7%Reduced
Abn Amro Investment Solutions3,054$781.7K0.02%00.0%Unchanged
Confluence Wealth Services, Inc.3,058$782.7K0.04%00.0%Unchanged
GM Advisory Group, Inc.3,063$784.0K0.04%+1,974+181.3%Added
Exencial Wealth Advisors, LLC3,067$785.1K0.03%+47+1.6%Added
Aberdeen Wealth Management LLC3,068$785.4K0.52%00.0%Unchanged
Fidelis Capital Partners, LLC2,776$785.5K0.07%+143+5.4%Added
Legacy Capital Group California, Inc.3,084$789.4K0.22%−52−1.7%Reduced
Northcape Wealth Management, LLC3,098$793.0K0.24%−226−6.8%Reduced
Farmers Trust Co3,121$798.9K0.15%00.0%Unchanged
Sumitomo Life Insurance Co3,126$800.2K0.05%−131−4.0%Reduced
First Manhattan Co3,144$804.8K0.00%−1,202−27.7%Reduced
CM Wealth Advisors LLC3,146$805.3K0.24%−618−16.4%Reduced
Sapient Capital LLC3,147$805.5K0.01%−64−2.0%Reduced
Chilton Investment Co LLC3,162$809.4K0.02%+521+19.7%Added
Parkside Financial Bank & Trust3,162$809.4K0.09%+50+1.6%Added
ICW Investment Advisors LLC3,180$814.1K0.32%+187+6.2%Added
River Wealth Advisors LLC3,205$820.4K0.10%−165−4.9%Reduced
Aull & Monroe Investment Management Corp3,209$821.4K0.44%00.0%Unchanged
Hayek Kallen Investment Management3,220$824.0K0.28%00.0%Unchanged
Norman Fields, Gottscho Capital Management, LLC3,265$836.0K0.28%00.0%Unchanged
Westbourne Investment Advisors, Inc.3,272$837.5K0.25%00.0%Unchanged
Horizon Kinetics Asset Management LLC3,273$837.8K0.01%−95−2.8%Reduced
Capstone Investment Advisors, LLC3,289$841.9K0.01%−212−6.1%Reduced
Clearbridge Investments, LLC3,300$844.7K0.00%00.0%Unchanged
Resources Management Corp3,304$846.0K0.11%−201−5.7%Reduced
Mitchell McLeod Pugh & Williams Inc3,309$847.0K0.16%+222+7.2%Added
Millstone Evans Group, LLC3,361$860.3K0.59%00.0%Unchanged