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.
| Quarter | Holders | Value |
|---|---|---|
| Q2 2026 | 1,869 | $53.6B |
| Q1 2026 | 1,841 | $48.2B |
| Q4 2025 | 1,852 | $49.8B |
| Q3 2025 | 1,801 | $50.8B |
| Q2 2025 | 1,693 | $45.1B |
| Q1 2025 | 1,656 | $41.2B |
| Q4 2024 | 1,686 | $41.0B |
| Q3 2024 | 1,612 | $42.4B |
| Q2 2024 | 1,565 | $36.7B |
| Q1 2024 | 1,628 | $43.1B |
| Q4 2023 | 1,585 | $40.1B |
| Q3 2023 | 1,444 | $33.1B |
| Q2 2023 | 1,529 | $37.9B |
| Q1 2023 | 1,500 | $35.4B |
| Q4 2022 | 1,592 | $41.8B |
| Q3 2022 | 1,501 | $36.1B |
| Q2 2022 | 1,543 | $39.6B |
| Q1 2022 | 1,646 | $50.2B |
| Q4 2021 | 1,644 | $52.7B |
| Q3 2021 | 1,494 | $42.6B |
| Q2 2021 | 1,546 | $48.1B |
| Q1 2021 | 1,514 | $49.7B |
Institutions, Q2 2025
Shares, value and share of portfolio for each institution holding Norfolk Southern Corp; share changes are against Q1 2025.
| Institution | Shares | Value | % of portfolio | Change in shares | Action |
|---|---|---|---|---|---|
| Chapin Davis, Inc. | 1,573 | $402.6K | 0.11% | +310+24.5% | Added |
| MONECO Advisors, LLC | 1,572 | $402.3K | 0.04% | +3+0.2% | Added |
| Hanson & Doremus Investment Management | 1,567 | $401.0K | 0.05% | −2,374−60.2% | Reduced |
| EverSource Wealth Advisors, LLC | 1,550 | $396.9K | 0.02% | +199+14.7% | Added |
| Alps Advisors Inc | 1,549 | $396.5K | 0.00% | +19+1.2% | Added |
| Twinbeech Capital LP | 1,546 | $395.7K | 0.01% | +1,546 | New |
| Medallion Wealth Advisors, LLC | 1,500 | $393.6K | 0.15% | +1,500 | New |
| Birch Hill Investment Advisors LLC | 1,537 | $393.4K | 0.02% | 00.0% | Unchanged |
| Oliver Luxxe Assets LLC | 1,536 | $393.2K | 0.07% | 00.0% | Unchanged |
| Howard Capital Management Group, LLC | 1,536 | $393.2K | 0.03% | 00.0% | Unchanged |
| Security National Bank of So Dak | 1,533 | $392.4K | 0.21% | 00.0% | Unchanged |
| Groupe la Francaise | 1,530 | $391.3K | 0.01% | +1,530 | New |
| Interchange Capital Partners, LLC | 1,525 | $390.4K | 0.09% | +25+1.7% | Added |
| Fulcrum Asset Management LLP | 1,520 | $389.1K | 0.11% | +1,520 | New |
| Frank, Rimerman Advisors LLC | 1,519 | $388.8K | 0.03% | −1,951−56.2% | Reduced |
| Cannon Wealth Management Services, LLC | 1,519 | $388.8K | 0.32% | 00.0% | Unchanged |
| D'Orazio & Associates, Inc. | 1,518 | $388.5K | 0.05% | −3−0.2% | Reduced |
| Rockland Trust Co | 1,507 | $385.7K | 0.02% | −319−17.5% | Reduced |
| CWA Asset Management Group, LLC | 1,506 | $385.5K | 0.02% | +227+17.7% | Added |
| Opal Wealth Advisors, LLC | 1,504 | $385.0K | 0.11% | 00.0% | Unchanged |
| Regatta Capital Group, LLC | 1,503 | $384.7K | 0.07% | 00.0% | Unchanged |
| Pioneer Wealth Management Group | 1,503 | $384.7K | 0.14% | +1,503 | New |
| Arete Wealth Advisors, LLC | 1,499 | $384.0K | 0.03% | +216+16.8% | Added |
| Blue Edge Capital, LLC | 1,500 | $384.0K | 0.06% | −264−15.0% | Reduced |
| Hudson Valley Investment Advisors Inc | 1,500 | $384.0K | 0.04% | 00.0% | Unchanged |
| Fire Capital Management LLC | 1,500 | $384.0K | 0.24% | 00.0% | Unchanged |
| Aspire Private Capital, LLC | 1,494 | $382.3K | 0.09% | +21+1.4% | Added |
| Birch Financial Group, LLC | 1,491 | $381.6K | 0.31% | −16−1.1% | Reduced |
| Bank of New Hampshire | 1,490 | $381.4K | 0.09% | 00.0% | Unchanged |
| Courier Capital LLC | 1,489 | $381.1K | 0.02% | +319+27.3% | Added |
| KCM Investment Advisors LLC | 1,489 | $381.1K | 0.01% | +1+0.1% | Added |
| Dudley Capital Management, LLC | 1,477 | $378.1K | 0.19% | −178−10.8% | Reduced |
| Everett Harris & Co | 1,476 | $377.8K | 0.00% | +224+17.9% | Added |
| American State Bank (Iowa) | 1,475 | $377.6K | 0.21% | −23−1.5% | Reduced |
| Chicago Capital, LLC | 1,471 | $376.5K | 0.01% | 00.0% | Unchanged |
| Stony Point Wealth Management Inc. | 1,468 | $375.9K | 0.16% | −5−0.3% | Reduced |
| SPC Financial, Inc. | 1,466 | $375.3K | 0.03% | −100−6.4% | Reduced |
| Gables Capital Management Inc. | 1,466 | $375.3K | 0.18% | +38+2.7% | Added |
| Bell Bank | 1,465 | $375.0K | 0.02% | 00.0% | Unchanged |
| Spire Wealth Management | 1,464 | $374.6K | 0.01% | −5,561−79.2% | Reduced |
| Hickory Asset Management, Inc. | 1,461 | $373.9K | 0.31% | +8+0.6% | Added |
| LexAurum Advisors, LLC | 1,453 | $372.0K | 0.06% | +46+3.3% | Added |
| Pavion Blue Capital, LLC | 1,444 | $369.6K | 0.16% | 00.0% | Unchanged |
| Davis Investment Partners, LLC | 1,405 | $368.7K | 0.13% | −108−7.1% | Reduced |
| Canandaigua National Trust Co of Florida | 1,435 | $367.3K | 0.26% | +479+50.1% | Added |
| Hall Capital Management Co Inc | 1,426 | $365.0K | 0.15% | −15−1.0% | Reduced |
| Financial Advisory Service, Inc. | 1,420 | $363.4K | 0.03% | +39+2.8% | Added |
| Southeast Asset Advisors Inc. | 1,418 | $363.0K | 0.04% | +1+0.1% | Added |
| Vivaldi Capital Management, LLC | 1,418 | $363.0K | 0.05% | −62−4.2% | Reduced |
| AlphaStar Capital Management, LLC | 1,418 | $363.0K | 0.03% | +1,418 | New |
| Indiana Trust & Investment Management CO | 1,412 | $361.4K | 0.12% | 00.0% | Unchanged |
| Hazlett, Burt & Watson, Inc. | 1,406 | $361.0K | 0.15% | +152+12.1% | Added |
| Pinnacle Wealth Management Advisory Group, LLC | 1,408 | $360.4K | 0.03% | −49−3.4% | Reduced |
| Hardin Capital Partners, LLC | 1,372 | $360.0K | 0.21% | 00.0% | Unchanged |
| Sky-Mountain Capital Management, Inc. | 1,278 | $358.4K | 0.24% | 00.0% | Unchanged |
| One Charles Private Wealth Services, LLC | 1,398 | $357.8K | 0.10% | +1+0.1% | Added |
| Raleigh Capital Management Inc. | 1,395 | $357.0K | 0.15% | +25+1.8% | Added |
| Steigerwald, Gordon & Koch Inc. | 1,387 | $355.2K | 0.04% | −80−5.5% | Reduced |
| Walker Asset Management, LLC | 1,382 | $353.8K | 0.20% | +2+0.1% | Added |
| Doliver Advisors, LP | 1,379 | $353.0K | 0.10% | −25−1.8% | Reduced |
| Beacon Investment Advisory Services, Inc. | 1,379 | $353.0K | 0.02% | 00.0% | Unchanged |
| Ameritas Advisory Services, LLC | 1,378 | $352.7K | 0.02% | −1,207−46.7% | Reduced |
| Pine Haven Investment Counsel, Inc | 1,376 | $352.3K | 0.28% | 00.0% | Unchanged |
| Greatmark Investment Partners, Inc. | 1,375 | $352.0K | 0.04% | 00.0% | Unchanged |
| Nixon Peabody Trust Co | 1,375 | $352.0K | 0.03% | +131+10.5% | Added |
| TCG Advisory Services, LLC | 1,373 | $351.5K | 0.01% | +313+29.5% | Added |
| Cozad Asset Management Inc | 1,365 | $349.4K | 0.03% | +200+17.2% | Added |
| Schwartz Investment Counsel Inc | 1,359 | $347.9K | 0.01% | 00.0% | Unchanged |
| Slagle Financial, LLC | 1,359 | $347.8K | 0.14% | 00.0% | Unchanged |
| Woodard & Co Asset Management Group Inc | 1,354 | $346.6K | 0.06% | 00.0% | Unchanged |
| Farmers & Merchants Trust Co of Chambersburg PA | 1,350 | $346.0K | 0.11% | 00.0% | Unchanged |
| Sterling Capital Management LLC | 1,351 | $345.8K | 0.00% | +80+6.3% | Added |
| South Street Advisors LLC | 1,350 | $345.6K | 0.05% | 00.0% | Unchanged |
| Fagan Associates, Inc. | 1,350 | $345.6K | 0.05% | 00.0% | Unchanged |
| Foster Group, Inc. | 1,344 | $344.0K | 0.01% | +1,344 | New |
| Atom Investors LP | 1,343 | $343.8K | 0.03% | +1,343 | New |
| Capital Advisors Inc | 1,333 | $341.2K | 0.01% | −112−7.8% | Reduced |
| Bill Few Associates, Inc. | 1,333 | $341.2K | 0.10% | +108+8.8% | Added |
| Baldwin Brothers Inc | 1,328 | $339.9K | 0.02% | −128−8.8% | Reduced |
| Campion Asset Management LLC | 1,312 | $335.8K | 0.25% | −3−0.2% | Reduced |
| O'Brien Greene & Co. Inc | 1,301 | $333.0K | 0.11% | 00.0% | Unchanged |
| Lyell Wealth Management, LP | 1,300 | $332.8K | 0.03% | 00.0% | Unchanged |
| Smith Chas P & Associates Pa Cpas | 1,297 | $332.0K | 0.02% | 00.0% | Unchanged |
| Terry L. Blaker | 1,293 | $331.0K | 0.01% | 00.0% | Unchanged |
| WealthPLAN Partners, LLC | 1,287 | $329.4K | 0.05% | 00.0% | Unchanged |
| Sivia Capital Partners, LLC | 1,278 | $327.1K | 0.11% | +1,278 | New |
| Boston Private Wealth LLC | 1,276 | $326.6K | 0.02% | +1,276 | New |
| Bordeaux Wealth Advisors LLC | 1,267 | $324.3K | 0.04% | −11−0.9% | Reduced |
| Ellis Investment Partners, LLC | 1,266 | $324.2K | 0.06% | −18−1.4% | Reduced |
| Gries Financial LLC | 1,266 | $324.1K | 0.06% | −71−5.3% | Reduced |
| Shepherd Financial Partners LLC | 1,261 | $322.8K | 0.03% | 00.0% | Unchanged |
| Schwarz Dygos Wheeler Investment Advisors LLC | 1,261 | $322.8K | 0.07% | 00.0% | Unchanged |
| Jag Capital Management, LLC | 1,260 | $322.4K | 0.04% | +360+40.0% | Added |
| NBC Securities, Inc. | 1,258 | $322.0K | 0.03% | +103+8.9% | Added |
| Shelton Capital Management | 1,252 | $320.5K | 0.01% | −25−2.0% | Reduced |
| Cobblestone Capital Advisors LLC | 1,250 | $320.0K | 0.02% | 00.0% | Unchanged |
| Bank of Hawaii | 1,250 | $320.0K | 0.02% | +1,250 | New |
| Vance Wealth, Inc. | 1,239 | $317.1K | 0.11% | −5−0.4% | Reduced |
| Armstrong Advisory Group, Inc | 1,238 | $316.9K | 0.02% | 00.0% | Unchanged |
| Cary Street Partner Investment Advisory LLC | 1,238 | $316.9K | 0.15% | +78+6.7% | Added |