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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
ING Groep NV0$00.00%−43,113−100.0%Sold out
Mn Services Vermogensbeheer B.V.0$00.00%−40,260−100.0%Sold out
Mediolanum International Funds Ltd0$00.00%−31,278−100.0%Sold out
Tredje AP-fonden0$00.00%−28,312−100.0%Sold out
Trexquant Investment LP0$00.00%−26,303−100.0%Sold out
Quadrature Capital Ltd0$00.00%−19,647−100.0%Sold out
Covington Investment Advisors Inc.0$00.00%−19,171−100.0%Sold out
Dark Forest Capital Management LP0$00.00%−11,613−100.0%Sold out
Aquatic Capital Management LLC0$00.00%−11,484−100.0%Sold out
Edgestream Partners, L.P.0$00.00%−11,129−100.0%Sold out
Sone Capital Management, LLC0$00.00%−10,639−100.0%Sold out
Balyasny Asset Management LLC0$00.00%−9,173−100.0%Sold out
Two Sigma Advisers, LP0$00.00%−7,400−100.0%Sold out
Financial Counselors Inc0$00.00%−7,377−100.0%Sold out
Nomura Holdings Inc0$00.00%−7,149−100.0%Sold out
Bayesian Capital Management, LP0$00.00%−6,900−100.0%Sold out
Jane Street Group, LLC0$00.00%−6,716−100.0%Sold out
Allstate Corp0$00.00%−6,645−100.0%Sold out
Polar Asset Management Partners Inc.0$00.00%−6,452−100.0%Sold out
Legacy Advisors, LLC0$00.00%−5,480−100.0%Sold out
Ninepoint Partners LP0$00.00%−5,285−100.0%Sold out
United Services Automobile Association0$00.00%−5,248−100.0%Sold out
Garda Capital Partners LP0$00.00%−4,820−100.0%Sold out
Aster Capital Management (DIFC) Ltd0$00.00%−4,497−100.0%Sold out
Parallax Volatility Advisers, L.P.0$00.00%−4,449−100.0%Sold out
Ascent Wealth Partners, LLC0$00.00%−4,172−100.0%Sold out
Quantbot Technologies LP0$00.00%−3,601−100.0%Sold out
Kerrisdale Advisers, LLC0$00.00%−3,473−100.0%Sold out
Procyon Private Wealth Partners, LLC0$00.00%−2,227−100.0%Sold out
VELA Investment Management, LLC0$00.00%−1,972−100.0%Sold out
Ontario Teachers Pension Plan Board0$00.00%−1,727−100.0%Sold out
44 Wealth Management LLC0$00.00%−1,680−100.0%Sold out
Clarendon Private LLC0$00.00%−1,657−100.0%Sold out
Crescent Grove Advisors, LLC0$00.00%−1,565−100.0%Sold out
Oxford Asset Management LLP0$00.00%−1,538−100.0%Sold out
Inceptionr LLC0$00.00%−1,516−100.0%Sold out
EntryPoint Capital, LLC0$00.00%−1,491−100.0%Sold out
Wolverine Asset Management LLC0$00.00%−1,400−100.0%Sold out
Simon Quick Advisors, LLC0$00.00%−1,342−100.0%Sold out
Y-Intercept (Hong Kong) Ltd0$00.00%−1,334−100.0%Sold out
ICONIQ Capital, LLC0$00.00%−1,276−100.0%Sold out
Front Row Advisors LLC0$00.00%−1,253−100.0%Sold out
Frederick Financial Consultants, LLC0$00.00%−1,210−100.0%Sold out
PharVision Advisers, LLC0$00.00%−1,197−100.0%Sold out
Avantra Family Wealth, Inc.0$00.00%−1,189−100.0%Sold out
Maple Capital Management, Inc.0$00.00%−1,174−100.0%Sold out
Tradewinds, LLC.0$00.00%−1,051−100.0%Sold out
Vawter Financial, Ltd.0$00.00%−1,042−100.0%Sold out
United Bank0$00.00%−994−100.0%Sold out
Greenhouse Wealth Management, LLC0$00.00%−900−100.0%Sold out
Fidato Wealth LLC0$00.00%−895−100.0%Sold out
Haven Capital Group, Inc.0$00.00%−872−100.0%Sold out
Boothbay Fund Management, LLC0$00.00%−863−100.0%Sold out
Avestar Capital, LLC0$00.00%−851−100.0%Sold out
Connor, Clark & Lunn Investment Management Ltd.0$00.00%−848−100.0%Sold out
Carolinas Wealth Consulting LLC0$00.00%−835−100.0%Sold out
Mirova0$00.00%−701−100.0%Sold out
McClarren Financial Advisors, Inc.0$00.00%−236−100.0%Sold out
Headlands Technologies LLC0$00.00%−501−100.0%Sold out
Washington Trust Co0$00.00%−473−100.0%Sold out
Global Financial Private Client, LLC0$00.00%−412−100.0%Sold out
Peoples Bank0$00.00%−390−100.0%Sold out
Hexagon Capital Partners LLC0$00.00%−387−100.0%Sold out
Acima Private Wealth, LLC0$00.00%−383−100.0%Sold out
Stonebridge Financial Group, LLC0$00.00%−368−100.0%Sold out
Quent Capital, LLC0$00.00%−334−100.0%Sold out
Continuum Advisory, LLC0$00.00%−294−100.0%Sold out
Cloud Capital Management, LLC0$00.00%−270−100.0%Sold out
Caitong International Asset Management Co., Ltd0$00.00%−245−100.0%Sold out
Ruedi Wealth Management, Inc.0$00.00%−200−100.0%Sold out
Greenline Partners, LLC0$00.00%−154−100.0%Sold out
HWG Holdings LP0$00.00%−146−100.0%Sold out
Optiver Holding B.V.0$00.00%−110−100.0%Sold out
Flaharty Asset Management, LLC0$00.00%−100−100.0%Sold out
Quest Partners LLC0$00.00%−92−100.0%Sold out
Saudi Central Bank0$00.00%−89−100.0%Sold out
Abound Financial, LLC0$00.00%−80−100.0%Sold out
Riverview Trust Co0$00.00%−66−100.0%Sold out
Sierra Ocean, LLC0$00.00%−45−100.0%Sold out
Atala Financial Inc0$00.00%−38−100.0%Sold out
Coastline Trust Co0$00.00%−30−100.0%Sold out
Cranbrook Wealth Management, LLC0$00.00%−19−100.0%Sold out
Runnymede Capital Advisors, Inc.0$00.00%−13−100.0%Sold out
Cornerstone National Bank & Trust Co0$00.00%−10−100.0%Sold out
Halbert Hargrove Global Advisors, LLC0$00.00%−9−100.0%Sold out
Cherry Tree Wealth Management, LLC0$00.00%−8−100.0%Sold out
Bernard Wealth Management Corp.0$00.00%−8−100.0%Sold out
PSI Advisors, LLC0$00.00%−5−100.0%Sold out
Chesapeake Asset Management LLC0$00.00%−4−100.0%Sold out
Capital A Wealth Management, LLC0$00.00%−3−100.0%Sold out
Bear Mountain Capital, Inc.0$00.00%−3−100.0%Sold out
PEAK6 LLC0$00.00%−2−100.0%Sold out
Hurley Capital, LLC0$00.00%−1−100.0%Sold out
New Millennium Group LLC0$00.00%−1−100.0%Sold out
Credit Agricole S A––––Not filed
Glenmede Trust Co NA––––Not filed
Orion Portfolio Solutions, LLC––––Not filed
Rakuten Investment Management, Inc.––––Not filed
Mizuho Securities USA LLC––––Not filed
Sandy Spring Bank––––Not filed