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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
Montag A & Associates Inc8,604$2.20M0.11%00.0%Unchanged
Ci Investments Inc.8,603$2.20M0.01%+185+2.2%Added
MTM Investment Management, LLC8,585$2.20M0.74%−7−0.1%Reduced
Investment Management Corp of Ontario8,479$2.17M0.03%−800−8.6%Reduced
Boston Family Office LLC8,473$2.17M0.14%−2,000−19.1%Reduced
Fruth Investment Management8,458$2.16M0.59%−50−0.6%Reduced
HM Payson & Co8,451$2.16M0.03%−6,247−42.5%Reduced
SevenBridge Financial Group, LLC7,713$2.15M0.38%−1,347−14.9%Reduced
Community Trust & Investment Co8,366$2.14M0.12%00.0%Unchanged
Tower Bridge Advisors8,341$2.14M0.23%+35+0.4%Added
Romano Brothers and Company8,311$2.13M0.26%00.0%Unchanged
Brown Brothers Harriman & Co8,265$2.12M0.01%+7,412+868.9%Added
Jacobi Capital Management LLC8,193$2.10M0.14%+237+3.0%Added
Home Federal Bank of Tennessee8,177$2.09M0.59%00.0%Unchanged
Woodline Partners LP8,133$2.08M0.01%+7,286+860.2%Added
Empirical Finance, LLC8,130$2.08M0.11%+55+0.7%Added
Omers Administration Corp8,119$2.08M0.02%00.0%Unchanged
Metis Global Partners, LLC8,081$2.07M0.05%−1,005−11.1%Reduced
EP Wealth Advisors, LLC8,039$2.06M0.01%+301+3.9%Added
Partnership Wealth Management, LLC8,035$2.06M1.67%00.0%Unchanged
Eagle Rock Investment Company, LLC8,030$2.06M0.33%−11,273−58.4%Reduced
Applied Finance Capital Management, LLC7,910$2.02M0.14%−81−1.0%Reduced
Nilsine Partners, LLC7,890$2.02M0.20%−209−2.6%Reduced
HighPoint Advisor Group LLC7,835$2.01M0.11%+45+0.6%Added
Natixis7,831$2.00M0.01%−3,830−32.8%Reduced
Patten Group, Inc.7,784$1.99M0.42%00.0%Unchanged
Tower Research Capital LLC (TRC)7,770$1.99M0.05%−244−3.0%Reduced
Independent Advisor Alliance7,705$1.97M0.06%+429+5.9%Added
Yukon Wealth Management, Inc.7,704$1.97M0.71%+51+0.7%Added
Inlet Private Wealth, LLC7,700$1.97M0.48%00.0%Unchanged
Modera Wealth Management, LLC7,662$1.96M0.02%−650−7.8%Reduced
Valeo Financial Advisors, LLC7,615$1.95M0.05%+259+3.5%Added
IHT Wealth Management, LLC7,530$1.93M0.05%+293+4.0%Added
Federation des caisses Desjardins du Quebec7,431$1.90M0.01%−39−0.5%Reduced
Dakota Wealth Management7,417$1.90M0.04%+7+0.1%Added
Cache Advisors, LLC7,409$1.90M0.51%00.0%Unchanged
Keel Point, LLC7,368$1.89M0.12%+419+6.0%Added
Hutner Capital Management Inc7,344$1.88M0.86%−120−1.6%Reduced
First Commonwealth Financial Corp7,325$1.87M0.40%00.0%Unchanged
Park National Corp7,324$1.87M0.06%−39−0.5%Reduced
Prospera Financial Services Inc7,254$1.86M0.03%−599−7.6%Reduced
Wesbanco Bank Inc7,207$1.84M0.05%−205−2.8%Reduced
Northwestern Mutual Investment Management Company, LLC7,192$1.84M0.03%−10−0.1%Reduced
Pflug Koory, LLC7,159$1.83M0.93%00.0%Unchanged
Tokio Marine Asset Management Co Ltd7,148$1.83M0.07%+221+3.2%Added
EFG Asset Management (Americas) Corp.7,106$1.82M0.34%−725−9.3%Reduced
Midwest Trust Co7,032$1.80M0.02%+7,032New
Burney Co7,017$1.80M0.06%−248−3.4%Reduced
Blue Chip Partners, Inc.6,943$1.78M0.14%−16−0.2%Reduced
Williams Jones Wealth Management, LLC.6,935$1.78M0.02%−10.0%Reduced
Ritholtz Wealth Management6,888$1.76M0.04%+273+4.1%Added
Lido Advisors, LLC6,876$1.76M0.01%+536+8.5%Added
Greenleaf Trust6,874$1.76M0.02%−723−9.5%Reduced
Brevan Howard Capital Management LP6,801$1.74M0.02%+6,801New
SG Americas Securities, LLC6,758$1.73M0.01%+4,986+281.4%Added
Davis R M Inc6,728$1.72M0.03%−87−1.3%Reduced
Caldwell Trust Co6,693$1.71M0.17%−210−3.0%Reduced
Marble Harbor Investment Counsel, LLC6,572$1.68M0.18%−450−6.4%Reduced
Whitener Capital Management, Inc.6,542$1.67M0.44%−30−0.5%Reduced
Park Avenue Securities LLC6,538$1.67M0.02%+6,538New
Family Investment Center, Inc.6,500$1.66M0.38%00.0%Unchanged
Resources Investment Advisors, LLC.6,483$1.66M0.02%+173+2.7%Added
Coldstream Capital Management Inc6,479$1.66M0.03%+354+5.8%Added
Charter Trust Co6,475$1.66M0.11%−26−0.4%Reduced
Clifford Swan Investment Counsel LLC6,459$1.65M0.06%−799−11.0%Reduced
Longfellow Investment Management Co LLC6,453$1.65M0.41%00.0%Unchanged
Weatherly Asset Management L. P.6,451$1.65M0.14%−210−3.2%Reduced
Intech Investment Management LLC6,449$1.65M0.02%+20.0%Added
SageView Advisory Group, LLC5,755$1.65M0.06%+1,079+23.1%Added
Pitcairn Co6,424$1.64M0.11%−522−7.5%Reduced
Freestone Capital Holdings, LLC6,422$1.64M0.06%−6−0.1%Reduced
AE Wealth Management LLC6,394$1.64M0.01%+770+13.7%Added
Essex Savings Bank6,368$1.63M0.39%−10.0%Reduced
Brooks, Moore & Associates, Inc.5,822$1.62M0.87%−305−5.0%Reduced
Graham Capital Management, L.P.6,300$1.61M0.05%+1,250+24.8%Added
Wills Financial Group LLC6,295$1.61M0.70%+9+0.1%Added
Wetherby Asset Management Inc6,276$1.61M0.07%+6,276New
Independence Bank of Kentucky6,274$1.61M0.23%−50−0.8%Reduced
Brady Family Wealth, LLC6,238$1.60M0.49%−112−1.8%Reduced
ZWJ Investment Counsel Inc6,214$1.59M0.06%−1,800−22.5%Reduced
Dynasty Wealth Management, LLC6,166$1.58M0.03%−631−9.3%Reduced
NBT Bank N A6,156$1.58M0.11%−31−0.5%Reduced
Community Bank, N.A.6,155$1.58M0.21%−200−3.1%Reduced
Kentucky Retirement Systems Insurance Trust Fund6,147$1.57M0.11%−426−6.5%Reduced
Leavell Investment Management, Inc.6,123$1.57M0.07%−4−0.1%Reduced
Vident Advisory, LLC6,085$1.56M0.02%+169+2.9%Added
Busey Wealth Management6,084$1.56M0.05%+4+0.1%Added
Family Legacy, Inc.6,080$1.56M0.51%−10−0.2%Reduced
Nicolet Bankshares Inc6,066$1.55M0.27%+270+4.7%Added
MB, Levis & Associates, LLC6,063$1.55M0.68%+10.0%Added
Westport Asset Management Inc6,000$1.54M0.68%00.0%Unchanged
Centennial Bank5,976$1.53M0.64%−50−0.8%Reduced
Massachusetts Wealth Management5,951$1.52M0.86%+80+1.4%Added
Valmark Advisers, Inc.5,923$1.52M0.02%−40−0.7%Reduced
Stratos Wealth Partners, LTD.5,915$1.51M0.02%−487−7.6%Reduced
Benjamin Edwards Inc5,895$1.51M0.02%−186−3.1%Reduced
Salvus Wealth Management, LLC5,863$1.50M0.88%+934+18.9%Added
Citizens Financial Group Inc5,861$1.50M0.02%+284+5.1%Added
Crossmark Global Holdings, Inc.5,824$1.49M0.02%−631−9.8%Reduced
Quadrant Capital Group LLC5,807$1.49M0.05%+499+9.4%Added