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Livermore
Livermore
ZHEN

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, Q3 2025

Institutional positions in Norfolk Southern Corp as of Sep 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
1,801
+138 vs. Q2 2025
Shares held
169.2M
−4.58M (−2.6%) vs. Q2 2025
Total value
$50.8B
+$6.32B (+14.2%) vs. Q2 2025
New holders
238
520 more added
Sold out
100
614 more reduced

30 institutions that held it in Q2 2025 haven't filed for Q3 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q2 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 holdersQ3 2025: 1,801 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 heldQ3 2025: $50.8B
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, Q3 2025

Shares, value and share of portfolio for each institution holding Norfolk Southern Corp; share changes are against Q2 2025.

Institutions holding NSC in Q3 2025
InstitutionSharesValue% of portfolioChange in sharesAction
Redwood Park Advisors LLC1$3010.00%+1New
IMA Wealth, Inc.2$6010.00%00.0%Unchanged
E Fund Management (Hong Kong) Co., Ltd.2$6010.00%+2New
Davis Capital Management2$6010.00%+2New
New Millennium Group LLC2$6010.00%+2New
Richard W. Paul & Associates, LLC3$9010.00%−3−50.0%Reduced
Rakuten Securities, Inc.3$9010.00%+3New
Tobam4$1.00K0.00%+4New
Delos Wealth Advisors, LLC4$1.20K0.00%00.0%Unchanged
IMG Wealth Management, Inc.4$1.20K0.00%00.0%Unchanged
Texas Capital Bancshares Inc4$1.20K0.00%+4New
ZRC Wealth Management, LLC4$1.20K0.00%+4New
Cornerstone Planning Group LLC64$1.28K0.00%+17+36.2%Added
Guerra Advisors Inc5$1.50K0.00%+5New
Wolff Wiese Magana LLC5$1.50K0.00%00.0%Unchanged
HFM Investment Advisors, LLC6$1.80K0.00%00.0%Unchanged
Grey Fox Wealth Advisors, LLC6$1.91K0.00%+6New
Harvest Fund Management Co., Ltd8$2.00K0.00%+8New
Aviso Financial Inc.7$2.10K0.00%−2,390−99.7%Reduced
S&T Bank7$2.10K0.00%−45−86.5%Reduced
Kennebec Savings Bank7$2.10K0.00%00.0%Unchanged
Breakwater Investment Management7$2.10K0.00%+7New
Wealth Watch Advisors, INC7$2.10K0.00%+7New
Caitlin John, LLC7$2.25K0.00%+7New
Hughes Financial Services, LLC8$2.29K0.00%00.0%Unchanged
NVWM, LLC8$2.40K0.00%−21−72.4%Reduced
Anfield Capital Management, LLC8$2.40K0.00%00.0%Unchanged
Principia Wealth Advisory, LLC8$2.40K0.00%+2+33.3%Added
Winnow Wealth LLC8$2.41K0.00%−992−99.2%Reduced
GoalVest Advisory LLC9$2.70K0.00%00.0%Unchanged
Rialto Wealth Management, LLC9$2.70K0.00%00.0%Unchanged
Strengthening Families & Communities, LLC9$2.71K0.00%+9New
Kayne Anderson Rudnick Investment Management LLC10$3.00K0.00%00.0%Unchanged
Binnacle Investments Inc10$3.00K0.00%00.0%Unchanged
Raffa Wealth Management, LLC11$3.31K0.00%+6+120.0%Added
Burkett Financial Services, LLC11$3.36K0.00%00.0%Unchanged
DiNuzzo Private Wealth, Inc.12$3.36K0.00%00.0%Unchanged
Global Wealth Strategies & Associates12$3.72K0.00%+12New
Bay Harbor Wealth Management, LLC13$3.90K0.00%+2+18.2%Added
Family Legacy Financial Solutions, LLC14$4.21K0.00%00.0%Unchanged
Bare Financial Services, Inc16$4.81K0.00%+5+45.5%Added
Penserra Capital Management LLC18$5.00K0.00%00.0%Unchanged
Fortitude Family Office, LLC17$5.11K0.00%00.0%Unchanged
High Note Wealth, LLC17$5.11K0.00%+9+112.5%Added
Core Alternative Capital17$5.23K0.00%−2,710−99.4%Reduced
TFC Financial Management18$5.42K0.00%00.0%Unchanged
Gleason Group, Inc.20$5.95K0.00%−35−63.6%Reduced
Boreal Capital Management LLC20$6.01K0.00%−100−83.3%Reduced
Caitong International Asset Management Co., Ltd20$6.01K0.00%+20New
Cetera Trust Company, N.A23$6.91K0.00%00.0%Unchanged
Marquette Asset Management, LLC23$6.91K0.00%+23New
DT Investment Partners, LLC24$7.21K0.00%00.0%Unchanged
Byrne Asset Management LLC25$7.51K0.00%00.0%Unchanged
Aventus Investment Advisors, Inc.25$7.51K0.01%00.0%Unchanged
Halbert Hargrove Global Advisors, LLC27$8.11K0.00%+27New
Meeder Asset Management Inc28$8.41K0.00%−2,305−98.8%Reduced
MJT & Associates Financial Advisory Group, Inc.29$8.71K0.01%+29New
Aspect Partners, LLC32$9.61K0.00%00.0%Unchanged
Kilter Group LLC33$9.91K0.00%−6−15.4%Reduced
Coston, McIsaac & Partners34$10.0K0.00%00.0%Unchanged
Keener Financial Planning LLC34$10.0K0.00%00.0%Unchanged
Pineridge Advisors LLC33$10.0K0.00%+17+106.3%Added
Eukles Asset Management35$10.5K0.00%00.0%Unchanged
Dogwood Wealth Management LLC39$11.7K0.01%+5+14.7%Added
Truvestments Capital LLC40$12.0K0.00%+25+166.7%Added
Roble, Belko & Company, Inc40$12.0K0.00%00.0%Unchanged
Consultiva Wealth Management, Corp.42$12.6K0.04%00.0%Unchanged
City State Bank44$13.2K0.00%00.0%Unchanged
Financial Network Wealth Advisors LLC45$13.5K0.01%+6+15.4%Added
Avion Wealth47$14.0K0.00%+2+4.4%Added
Howard Hughes Medical Institute48$14.4K0.01%00.0%Unchanged
Strategic Wealth Partners, Ltd.48$14.4K0.00%00.0%Unchanged
CBIZ Investment Advisory Services, LLC48$14.4K0.00%+11+29.7%Added
Arvest Investments, Inc.50$15.0K0.00%00.0%Unchanged
First Community Trust NA50$15.0K0.01%00.0%Unchanged
Sachetta, LLC54$16.2K0.01%00.0%Unchanged
Retirement Wealth Solutions LLC55$16.5K0.01%−18−24.7%Reduced
Country Trust Bank60$18.0K0.00%00.0%Unchanged
Bell Investment Advisors, Inc63$18.9K0.00%+4+6.8%Added
Valued Wealth Advisors LLC63$19.0K0.01%+4+6.8%Added
Morse Asset Management, Inc65$19.5K0.00%00.0%Unchanged
Activest Wealth Management67$20.1K0.00%+3+4.7%Added
Canton Hathaway, LLC70$21.0K0.00%+70New
Innovative Advisory Group, LLC70$21.0K0.01%00.0%Unchanged
McIlrath & Eck, LLC71$21.3K0.00%00.0%Unchanged
Darwin Advisors, LLC75$22.5K0.01%00.0%Unchanged
Private Wealth Management Group, LLC75$22.5K0.01%00.0%Unchanged
Midwest Capital Advisors, LLC76$22.9K0.01%00.0%Unchanged
United Community Bank80$24.0K0.01%−5−5.9%Reduced
SOA Wealth Advisors, LLC.80$24.0K0.00%00.0%Unchanged
Glen Eagle Advisors, LLC81$24.4K0.00%00.0%Unchanged
Foster Dykema Cabot & Partners, LLC83$24.9K0.00%00.0%Unchanged
ORG Partners LLC84$25.2K0.00%+36+75.0%Added
JPL Wealth Management, LLC84$25.2K0.01%+84New
Financial Management Professionals, Inc.85$25.7K0.00%+2+2.4%Added
Westside Investment Management, Inc.86$25.7K0.00%+58+207.1%Added
Creekmur Asset Management LLC86$25.7K0.00%00.0%Unchanged
Mma Asset Management LLC94$28.2K0.01%+94New
Itau Unibanco Holding S.A.94$28.2K0.00%00.0%Unchanged
Covestor Ltd98$30.0K0.02%−443−81.9%Reduced