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 |
|---|---|---|---|---|---|
| OP Asset Management Ltd | 24,140 | $6.18M | 0.09% | +541+2.3% | Added |
| UBS Oconnor LLC | 24,088 | $6.17M | 0.17% | −24,025−49.9% | Reduced |
| Mackenzie Financial Corp | 23,392 | $5.99M | 0.01% | +714+3.1% | Added |
| RSM US Wealth Management LLC | 23,061 | $5.90M | 0.08% | +845+3.8% | Added |
| Huntington National Bank | 23,025 | $5.89M | 0.04% | −261−1.1% | Reduced |
| Bank of Nova Scotia | 22,954 | $5.88M | 0.01% | −70,676−75.5% | Reduced |
| GWM Advisors LLC | 22,826 | $5.84M | 0.03% | +1,036+4.8% | Added |
| Dana Investment Advisors, Inc. | 22,762 | $5.83M | 0.19% | −1,011−4.3% | Reduced |
| Gibson Wealth Advisors LLC | 22,709 | $5.81M | 4.32% | 00.0% | Unchanged |
| D.A. Davidson & Co. | 22,561 | $5.78M | 0.04% | +781+3.6% | Added |
| Estabrook Capital Management | 22,221 | $5.69M | 0.88% | −362−1.6% | Reduced |
| Rafferty Asset Management, LLC | 22,130 | $5.66M | 0.02% | +3,149+16.6% | Added |
| Jones Financial Companies LLLP | 22,063 | $5.65M | 0.00% | +3,700+20.1% | Added |
| Howe & Rusling Inc | 21,874 | $5.60M | 0.41% | +696+3.3% | Added |
| Empowered Funds, LLC | 21,748 | $5.57M | 0.06% | +3,559+19.6% | Added |
| MAI Capital Management | 21,306 | $5.45M | 0.04% | −1,163−5.2% | Reduced |
| Atria Investments LLC | 21,266 | $5.44M | 0.06% | +2,289+12.1% | Added |
| Schroder Investment Management Group | 21,163 | $5.42M | 0.00% | −2,268−9.7% | Reduced |
| Meridian Investment Counsel Inc. | 21,043 | $5.39M | 1.47% | 00.0% | Unchanged |
| Thompson Siegel & Walmsley LLC | 20,978 | $5.37M | 0.09% | −641−3.0% | Reduced |
| Tiaa Trust, National Association | 20,691 | $5.30M | 0.01% | −896−4.2% | Reduced |
| Lighthouse Investment Partners, LLC | 20,502 | $5.25M | 0.23% | +20,502 | New |
| HB Wealth Management, LLC | 20,409 | $5.22M | 0.04% | −6,854−25.1% | Reduced |
| Bokf, NA | 20,356 | $5.21M | 0.08% | −13,151−39.2% | Reduced |
| Steward Partners Investment Advisory, LLC | 20,271 | $5.19M | 0.04% | +40+0.2% | Added |
| Burns J W & Co Inc | 20,050 | $5.13M | 0.62% | −1,526−7.1% | Reduced |
| Jamison Private Wealth Management, Inc. | 20,015 | $5.12M | 0.74% | +732+3.8% | Added |
| ASR Vermogensbeheer N.V. | 19,957 | $5.11M | 0.07% | +1,128+6.0% | Added |
| Bradley Foster & Sargent Inc | 19,946 | $5.11M | 0.08% | +91+0.5% | Added |
| Patten & Patten Inc | 19,645 | $5.03M | 0.33% | −593−2.9% | Reduced |
| Canandaigua National Bank & Trust Co | 19,601 | $5.02M | 0.46% | +1,127+6.1% | Added |
| Nordea Investment Management AB | 19,598 | $5.01M | 0.00% | +1,178+6.4% | Added |
| Oregon Public Employees Retirement Fund | 19,510 | $4.99M | 0.09% | +100+0.5% | Added |
| NewEdge Wealth, LLC | 17,756 | $4.98M | 0.08% | +2,134+13.7% | Added |
| Private Advisor Group, LLC | 19,401 | $4.97M | 0.03% | −506−2.5% | Reduced |
| Cullinan Associates Inc | 19,400 | $4.97M | 0.33% | 00.0% | Unchanged |
| Trust Co of Virginia | 19,330 | $4.95M | 0.43% | +659+3.5% | Added |
| Kestra Advisory Services, LLC | 19,277 | $4.93M | 0.02% | +612+3.3% | Added |
| Mount Yale Investment Advisors, LLC | 19,070 | $4.88M | 0.38% | −436−2.2% | Reduced |
| Baxter Bros Inc | 18,982 | $4.86M | 0.59% | −875−4.4% | Reduced |
| La Banque Postale Asset Management SA | 18,884 | $4.83M | 0.07% | +18,884 | New |
| Wescott Financial Advisory Group, LLC | 18,841 | $4.82M | 0.46% | −60.0% | Reduced |
| Robeco Institutional Asset Management B.V. | 18,808 | $4.81M | 0.01% | −1,263−6.3% | Reduced |
| New Republic Capital, LLC | 18,519 | $4.74M | 1.68% | −90.0% | Reduced |
| KBC Group NV | 18,449 | $4.72M | 0.01% | +1,439+8.5% | Added |
| Scotia Capital Inc. | 18,407 | $4.71M | 0.02% | −662−3.5% | Reduced |
| Hantz Financial Services, Inc. | 18,237 | $4.67M | 0.08% | −791−4.2% | Reduced |
| Pacer Advisors, Inc. | 18,232 | $4.67M | 0.01% | +6,175+51.2% | Added |
| Highland Capital Management, LLC | 18,214 | $4.66M | 0.25% | +10+0.1% | Added |
| Silvercrest Asset Management Group LLC | 18,184 | $4.65M | 0.03% | +140+0.8% | Added |
| QRG Capital Management, Inc. | 18,174 | $4.65M | 0.04% | +899+5.2% | Added |
| Advisors Asset Management, Inc. | 17,997 | $4.61M | 0.08% | −6,218−25.7% | Reduced |
| Pinebridge Investments, L.P. | 17,892 | $4.58M | 0.04% | −12,761−41.6% | Reduced |
| Two Sigma Securities, LLC | 17,869 | $4.57M | 0.56% | +13,912+351.6% | Added |
| Teachers Retirement System of the State of Kentucky | 17,742 | $4.54M | 0.04% | +273+1.6% | Added |
| UniSuper Management Pty Ltd | 17,603 | $4.51M | 0.03% | −547−3.0% | Reduced |
| Independent Investors Inc | 17,600 | $4.51M | 0.98% | 00.0% | Unchanged |
| Cherokee Insurance Co | 17,500 | $4.48M | 1.95% | 00.0% | Unchanged |
| Somerset Trust Co | 17,356 | $4.44M | 1.45% | −40−0.2% | Reduced |
| Central Pacific Bank - Trust Division | 17,245 | $4.41M | 0.56% | +2,916+20.4% | Added |
| Douglass Winthrop Advisors, LLC | 17,230 | $4.41M | 0.08% | −1,729−9.1% | Reduced |
| NEOS Investment Management LLC | 17,208 | $4.40M | 0.05% | +3,566+26.1% | Added |
| Signaturefd, LLC | 17,163 | $4.39M | 0.07% | −336−1.9% | Reduced |
| Stonegate Investment Group, LLC | 17,091 | $4.37M | 0.11% | −397−2.3% | Reduced |
| Public Sector Pension Investment Board | 17,028 | $4.36M | 0.02% | −13,796−44.8% | Reduced |
| Avantax Advisory Services, Inc. | 16,752 | $4.29M | 0.02% | +160+1.0% | Added |
| Bessemer Group Inc | 16,693 | $4.27M | 0.01% | −1,319−7.3% | Reduced |
| Andra AP-fonden | 16,600 | $4.25M | 0.06% | +2,300+16.1% | Added |
| Logan Capital Management Inc | 16,425 | $4.20M | 0.20% | −870−5.0% | Reduced |
| Wealthfront Advisers LLC | 15,998 | $4.10M | 0.01% | +5,854+57.7% | Added |
| Smithfield Trust Co | 15,967 | $4.09M | 0.19% | 00.0% | Unchanged |
| Verdence Capital Advisors LLC | 15,880 | $4.06M | 0.28% | −19,586−55.2% | Reduced |
| Kestra Private Wealth Services, LLC | 15,782 | $4.04M | 0.06% | −379−2.3% | Reduced |
| Mizuho Securities USA LLC | 15,576 | $3.99M | 0.09% | +15,576 | New |
| IFP Advisors, Inc | 15,065 | $3.95M | 0.11% | +28+0.2% | Added |
| Pittenger & Anderson Inc | 15,374 | $3.94M | 0.14% | −10−0.1% | Reduced |
| Alpha Omega Wealth Management LLC | 15,303 | $3.92M | 0.70% | −352−2.2% | Reduced |
| Perigon Wealth Management, LLC | 15,300 | $3.92M | 0.09% | +1,078+7.6% | Added |
| Sepio Capital, LP | 15,219 | $3.90M | 0.28% | +3,820+33.5% | Added |
| Loring Wolcott & Coolidge Fiduciary Advisors LLP | 15,201 | $3.89M | 0.03% | +20.0% | Added |
| Moore Capital Management, LP | 15,057 | $3.85M | 0.08% | −20,424−57.6% | Reduced |
| Toroso Investments, LLC | 15,033 | $3.85M | 0.03% | +3,867+34.6% | Added |
| Hardy Reed LLC | 15,016 | $3.84M | 0.31% | −9−0.1% | Reduced |
| Aptus Capital Advisors, LLC | 14,853 | $3.80M | 0.04% | −1,448−8.9% | Reduced |
| Cary Street Partners Financial LLC | 14,583 | $3.73M | 0.10% | +126+0.9% | Added |
| Kentucky Retirement Systems | 14,482 | $3.71M | 0.11% | −949−6.1% | Reduced |
| Anchor Investment Management, LLC | 14,427 | $3.69M | 0.32% | −49−0.3% | Reduced |
| Haverford Trust Co | 14,360 | $3.68M | 0.03% | +175+1.2% | Added |
| Vaughan David Investments LLC | 14,206 | $3.64M | 0.08% | −506−3.4% | Reduced |
| Advanced Asset Management Advisors Inc | 14,200 | $3.63M | 0.98% | 00.0% | Unchanged |
| TD Waterhouse Canada Inc. | 13,822 | $3.63M | 0.03% | −33−0.2% | Reduced |
| Old Point Trust & Financial Services N A | 13,882 | $3.55M | 1.24% | −7,104−33.9% | Reduced |
| Burke & Herbert Bank & Trust Co | 13,821 | $3.54M | 0.79% | −2,009−12.7% | Reduced |
| Advisory Services Network, LLC | 12,633 | $3.51M | 0.06% | +66+0.5% | Added |
| Stock Yards Bank & Trust Co | 13,709 | $3.51M | 0.12% | −1,069−7.2% | Reduced |
| Hartford Investment Management Co | 13,649 | $3.49M | 0.11% | −201−1.5% | Reduced |
| Flputnam Investment Management Co | 13,579 | $3.48M | 0.06% | +20.0% | Added |
| Elo Mutual Pension Insurance Co | 13,556 | $3.47M | 0.07% | −1,052−7.2% | Reduced |
| Oak Harbor Wealth Partners, LLC | 13,389 | $3.43M | 0.93% | 00.0% | Unchanged |
| Axxcess Wealth Management, LLC | 13,265 | $3.40M | 0.08% | +31+0.2% | Added |