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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
Hills Bank & Trust Co13,143$3.36M0.21%+20.0%Added
Central Trust Co12,977$3.32M0.08%−27−0.2%Reduced
Texas Yale Capital Corp.12,945$3.31M0.11%+581+4.7%Added
CWM, LLC12,829$3.28M0.01%+3,286+34.4%Added
Cullen/Frost Bankers, Inc.12,828$3.28M0.04%−839−6.1%Reduced
XTX Topco Ltd12,771$3.27M0.14%+12,771New
NJ State Employees Deferred Compensation Plan12,700$3.25M0.38%00.0%Unchanged
Pinnacle Associates Ltd12,551$3.21M0.05%−84−0.7%Reduced
Barbara Oil Co.12,500$3.20M1.26%00.0%Unchanged
Fiduciary Trust Co12,490$3.20M0.04%+50.0%Added
Gallo Partners, LP12,444$3.19M2.08%+12,444New
Concurrent Investment Advisors, LLC12,354$3.16M0.06%+453+3.8%Added
Harbour Investment Management LLC12,319$3.15M1.36%−175−1.4%Reduced
Voleon Capital Management LP12,229$3.13M0.17%+12,229New
Citizens National Bank Trust Department12,210$3.13M0.62%−50.0%Reduced
Inkwell Capital LLC12,163$3.11M3.33%−101−0.8%Reduced
Ethic Inc.12,047$3.08M0.06%+848+7.6%Added
Louisiana State Employees Retirement System11,900$3.05M0.06%−300−2.5%Reduced
Securian Asset Management, Inc11,816$3.02M0.09%−195−1.6%Reduced
Pensionmark Financial Group, LLC11,763$3.01M0.07%+132+1.1%Added
Oak Asset Management, LLC11,742$3.01M1.08%00.0%Unchanged
Gulf International Bank (UK) Ltd11,614$2.97M0.11%−1,508−11.5%Reduced
Delta Capital Management LLC11,535$2.95M1.65%−25−0.2%Reduced
Roberts Glore & Co Inc11,439$2.93M0.86%−204−1.8%Reduced
BancorpSouth Bank11,359$2.91M0.19%+9+0.1%Added
Oppenheimer & Co Inc11,284$2.89M0.04%−770−6.4%Reduced
Farmers & Merchants Investments Inc11,230$2.87M0.08%−468−4.0%Reduced
Franklin Street Advisors Inc11,200$2.87M0.18%00.0%Unchanged
Bridge Creek Capital Management LLC11,196$2.87M0.84%+365+3.4%Added
Allworth Financial LP11,099$2.84M0.01%+2,181+24.5%Added
Old Second National Bank of Aurora11,058$2.83M0.62%+258+2.4%Added
Merit Financial Group, LLC11,014$2.82M0.03%+1,400+14.6%Added
Community Bank & Trust, Waco, Texas11,010$2.82M0.64%−166−1.5%Reduced
Ally Financial Inc.11,000$2.82M0.32%00.0%Unchanged
Maryland State Retirement & Pension System10,976$2.81M0.06%+410+3.9%Added
Beacon Pointe Advisors, LLC10,967$2.81M0.03%−1,578−12.6%Reduced
Allspring Global Investments Holdings, LLC10,665$2.80M0.00%−63−0.6%Reduced
Congress Wealth Management LLC10,893$2.79M0.03%+743+7.3%Added
Citadel Advisors LLC10,887$2.79M0.00%−43,983−80.2%Reduced
Principle Wealth Partners LLC10,869$2.78M0.17%+40.0%Added
Rothschild Investment LLC10,818$2.77M0.17%−82−0.8%Reduced
West Paces Advisors Inc.10,736$2.75M0.58%+3,100+40.6%Added
Murphy Pohlad Asset Management LLC10,675$2.73M1.16%00.0%Unchanged
Umb Bank N A10,590$2.71M0.04%−587−5.3%Reduced
New Mexico Educational Retirement Board10,576$2.71M0.09%00.0%Unchanged
B. Metzler seel. Sohn & Co. AG10,549$2.70M0.03%+450+4.5%Added
United Bank10,539$2.70M1.03%−312−2.9%Reduced
St. Nicholas Private Asset Management, Inc10,510$2.69M2.50%00.0%Unchanged
Beverly Hills Private Wealth, LLC10,472$2.68M0.50%+1,450+16.1%Added
Beese Fulmer Investment Management, Inc.10,382$2.66M0.20%−157−1.5%Reduced
J.W. Cole Advisors, Inc.10,311$2.64M0.06%+2,430+30.8%Added
3Chopt Investment Partners, LLC10,301$2.64M0.63%+385+3.9%Added
Midwest Professional Planners, LTD.10,266$2.63M0.69%+1,183+13.0%Added
Thrivent Financial for Lutherans10,199$2.61M0.01%−670−6.2%Reduced
Norinchukin Bank, The10,176$2.60M0.04%+509+5.3%Added
Nordwand Advisors, LLC10,095$2.58M0.41%+10,095New
Simplex Trading, LLC9,961$2.55M0.07%+7,621+325.7%Added
Gold Investment Management Ltd.9,767$2.53M0.95%+273+2.9%Added
Wealthspire Advisors, LLC9,898$2.53M0.01%+282+2.9%Added
HHM Wealth Advisors, LLC9,893$2.53M0.30%+5+0.1%Added
Fox Hill Wealth Management9,842$2.52M1.29%−13−0.1%Reduced
Dai-Ichi Life Insurance Company, Ltd9,811$2.51M0.07%00.0%Unchanged
Point72 Europe (London) LLP9,800$2.51M0.13%+9,800New
Apollon Wealth Management, LLC9,661$2.47M0.05%+276+2.9%Added
BI Asset Management Fondsmaeglerselskab A/S9,583$2.45M0.02%+103+1.1%Added
Kentucky Trust Co9,562$2.45M1.40%00.0%Unchanged
Colonial Trust Advisors9,553$2.45M0.20%−478−4.8%Reduced
Citizens & Northern Corp9,513$2.44M0.65%+15+0.2%Added
Daymark Wealth Partners, LLC9,457$2.42M0.09%−80−0.8%Reduced
Warren Averett Asset Management, LLC9,452$2.42M0.03%+55+0.6%Added
Nicholas Hoffman & Company, LLC.9,433$2.41M0.06%+515+5.8%Added
Argent Trust Co9,400$2.41M0.09%−3,671−28.1%Reduced
Generali Asset Management SPA SGR9,369$2.40M0.05%−9,630−50.7%Reduced
Oppenheimer Asset Management Inc.9,353$2.39M0.03%+9,353New
Stephens Inc9,327$2.39M0.03%+13+0.1%Added
Snowden Capital Advisors LLC9,268$2.37M0.07%−278−2.9%Reduced
Kingsview Wealth Management, LLC9,247$2.37M0.04%+103+1.1%Added
Empire Financial Management Company, LLC9,192$2.35M0.68%+104+1.1%Added
Koshinski Asset Management, Inc.9,188$2.35M0.18%−28−0.3%Reduced
Campbell Newman Asset Management Inc9,165$2.35M0.19%00.0%Unchanged
Bahl & Gaynor Inc9,148$2.34M0.01%−195−2.1%Reduced
Mill Capital Management, LLC9,138$2.34M0.18%−43−0.5%Reduced
Concentric Capital Strategies, LP9,127$2.34M0.13%+9,127New
United Capital Financial Advisers, LLC9,095$2.33M0.02%−503−5.2%Reduced
Naples Global Advisors, LLC9,036$2.31M0.20%−50−0.6%Reduced
Ronald Blue Trust, Inc.9,032$2.31M0.03%+906+11.1%Added
Healthcare of Ontario Pension Plan Trust Fund8,993$2.30M0.00%−54,107−85.7%Reduced
DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main8,975$2.30M0.00%+550+6.5%Added
Prime Capital Investment Advisors, LLC8,968$2.30M0.03%−692−7.2%Reduced
AG2R la Mondiale Gestion D'Actifs8,922$2.28M0.12%+153+1.7%Added
Rossmore Private Capital8,907$2.28M0.27%+6+0.1%Added
Sanibel Captiva Trust Company, Inc.8,889$2.28M0.07%00.0%Unchanged
Fisher Funds Management LTD8,885$2.27M0.05%−987−10.0%Reduced
Jennison Associates LLC8,850$2.27M0.00%−4,036−31.3%Reduced
Partners in Financial Planning8,833$2.26M0.42%+431+5.1%Added
RMB Capital Management, LLC8,801$2.25M0.04%+4,273+94.4%Added
Virtu Financial LLC8,755$2.24M0.11%+8,755New
Hancock Whitney Corp8,719$2.23M0.04%+1,786+25.8%Added
Fiduciary Group LLC8,644$2.21M0.21%−63−0.7%Reduced
Cape Cod Five Cents Savings Bank8,878$2.21M0.20%00.0%Unchanged