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.
| 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, Q3 2025
Shares, value and share of portfolio for each institution holding Norfolk Southern Corp; share changes are against Q2 2025.
| Institution | Shares | Value | % of portfolio | Change in shares | Action |
|---|---|---|---|---|---|
| MEMBERS Trust Co | 2,768 | $831.5K | 0.03% | −150−5.1% | Reduced |
| Silver Lake Advisory, LLC | 2,783 | $836.0K | 0.33% | 00.0% | Unchanged |
| Fidelis Capital Partners, LLC | 2,783 | $836.0K | 0.07% | +7+0.3% | Added |
| Kelman-Lazarov, Inc. | 2,829 | $849.7K | 0.13% | −13−0.5% | Reduced |
| Chesapeake Wealth Management | 2,852 | $856.8K | 0.26% | −25−0.9% | Reduced |
| Choate Investment Advisors | 2,854 | $857.4K | 0.02% | −125−4.2% | Reduced |
| Everhart Financial Group, Inc. | 2,874 | $863.4K | 0.09% | +329+12.9% | Added |
| Vestor Capital, LLC | 2,883 | $866.0K | 0.06% | +2,537+733.2% | Added |
| Mather Group, LLC. | 2,897 | $870.2K | 0.01% | +24+0.8% | Added |
| E. Ohman J:or Asset Management AB | 2,900 | $871.2K | 0.02% | 00.0% | Unchanged |
| Live Oak Private Wealth LLC | 2,910 | $874.2K | 0.12% | 00.0% | Unchanged |
| Excalibur Management Corp | 2,911 | $874.5K | 0.32% | 00.0% | Unchanged |
| Sage Mountain Advisors LLC | 2,922 | $877.7K | 0.05% | +714+32.3% | Added |
| Alan B. Lancz & Associates, Inc. | 2,941 | $883.5K | 0.80% | 00.0% | Unchanged |
| RiverFront Investment Group, LLC | 2,941 | $883.5K | 0.02% | +1,250+73.9% | Added |
| Schrum Private Wealth Management LLC | 2,950 | $886.2K | 0.65% | +317+12.0% | Added |
| Chesapeake Capital Corp | 2,950 | $886.2K | 0.80% | +2,950 | New |
| Cambria Investment Management, L.P. | 2,962 | $889.8K | 0.05% | +390+15.2% | Added |
| Dynamic Advisor Solutions LLC | 2,976 | $894.1K | 0.03% | +120+4.2% | Added |
| GM Advisory Group, Inc. | 2,990 | $898.2K | 0.04% | −73−2.4% | Reduced |
| Chilton Investment Co LLC | 2,991 | $898.5K | 0.02% | −171−5.4% | Reduced |
| CoreCap Advisors, LLC | 2,995 | $899.7K | 0.03% | −41−1.4% | Reduced |
| Harbor Advisors LLC | 3,000 | $901.2K | 0.14% | 00.0% | Unchanged |
| Advocate Group LLC | 3,005 | $902.7K | 0.15% | 00.0% | Unchanged |
| XML Financial, LLC | 3,009 | $903.9K | 0.07% | +8+0.3% | Added |
| Sumitomo Life Insurance Co | 3,017 | $906.3K | 0.03% | −109−3.5% | Reduced |
| Smith, Moore & Co. | 3,043 | $914.1K | 0.07% | +41+1.4% | Added |
| Mairs & Power Inc | 3,054 | $917.5K | 0.01% | 00.0% | Unchanged |
| Abn Amro Investment Solutions | 3,054 | $917.5K | 0.02% | 00.0% | Unchanged |
| Confluence Wealth Services, Inc. | 3,055 | $917.7K | 0.05% | −3−0.1% | Reduced |
| Everpar Advisors LLC | 3,065 | $920.8K | 0.36% | +48+1.6% | Added |
| Aberdeen Wealth Management LLC | 3,069 | $922.0K | 0.58% | +10.0% | Added |
| Mitchell McLeod Pugh & Williams Inc | 3,309 | $927.8K | 0.15% | 00.0% | Unchanged |
| Legacy Capital Group California, Inc. | 3,096 | $930.1K | 0.24% | +12+0.4% | Added |
| Northcape Wealth Management, LLC | 3,100 | $931.3K | 0.27% | +2+0.1% | Added |
| Parkside Financial Bank & Trust | 3,112 | $934.9K | 0.07% | −50−1.6% | Reduced |
| Longfellow Investment Management Co LLC | 3,120 | $937.3K | 0.22% | −3,333−51.7% | Reduced |
| Farmers Trust Co | 3,121 | $937.6K | 0.16% | 00.0% | Unchanged |
| Sapient Capital LLC | 3,147 | $942.9K | 0.01% | 00.0% | Unchanged |
| CM Wealth Advisors LLC | 3,146 | $945.1K | 0.25% | 00.0% | Unchanged |
| Old National Bancorp | 3,171 | $952.6K | 0.02% | −583−15.5% | Reduced |
| Exencial Wealth Advisors, LLC | 3,181 | $955.5K | 0.03% | +114+3.7% | Added |
| Acropolis Investment Management, LLC | 3,745 | $958.6K | 0.05% | +213+6.0% | Added |
| Cbre Clarion Securities LLC | 3,196 | $960.1K | 0.01% | −606,596−99.5% | Reduced |
| Signature Estate & Investment Advisors LLC | 3,197 | $960.2K | 0.02% | +1,330+71.2% | Added |
| River Wealth Advisors LLC | 3,200 | $961.3K | 0.11% | −5−0.2% | Reduced |
| First Citizens Bank & Trust Co | 3,206 | $963.1K | 0.02% | +379+13.4% | Added |
| Aull & Monroe Investment Management Corp | 3,209 | $964.0K | 0.49% | 00.0% | Unchanged |
| Point72 (DIFC) Ltd | 3,209 | $964.1K | 0.07% | +3,209 | New |
| Welch Group, LLC | 3,213 | $965.4K | 0.04% | +1,374+74.7% | Added |
| Hayek Kallen Investment Management | 3,220 | $967.0K | 0.31% | 00.0% | Unchanged |
| Westbourne Investment Advisors, Inc. | 3,222 | $967.9K | 0.27% | −50−1.5% | Reduced |
| ICW Investment Advisors LLC | 3,252 | $977.0K | 0.36% | +72+2.3% | Added |
| Norman Fields, Gottscho Capital Management, LLC | 3,265 | $981.0K | 0.31% | 00.0% | Unchanged |
| Factorial Partners, LLC | 3,270 | $982.3K | 0.68% | −400−10.9% | Reduced |
| Horizon Kinetics Asset Management LLC | 3,273 | $983.2K | 0.01% | 00.0% | Unchanged |
| Clearbridge Investments, LLC | 3,300 | $991.4K | 0.00% | 00.0% | Unchanged |
| R Squared Ltd | 3,305 | $992.9K | 0.43% | +3,305 | New |
| MBL Wealth, LLC | 3,312 | $995.0K | 0.09% | +637+23.8% | Added |
| Millstone Evans Group, LLC | 3,361 | $1.01M | 0.64% | 00.0% | Unchanged |
| Tema ETFs LLC | 3,366 | $1.01M | 0.08% | +3,366 | New |
| NorthRock Partners, LLC | 3,385 | $1.02M | 0.02% | +798+30.8% | Added |
| DLD Asset Management, LP | 3,394 | $1.02M | 0.13% | +3,394 | New |
| Patton Albertson Miller Group, LLC | 3,395 | $1.02M | 0.12% | −84−2.4% | Reduced |
| Berkeley Capital Partners, LLC | 3,397 | $1.02M | 0.24% | +924+37.4% | Added |
| Allegheny Financial Group LTD | 3,404 | $1.02M | 0.19% | 00.0% | Unchanged |
| Exchange Traded Concepts, LLC | 3,409 | $1.02M | 0.01% | +2,378+230.6% | Added |
| Financial Sense Advisors, Inc. | 3,420 | $1.03M | 0.19% | 00.0% | Unchanged |
| Searle & Co. | 3,422 | $1.03M | 0.27% | −375−9.9% | Reduced |
| Dover Advisors, LLC | 3,426 | $1.03M | 0.41% | −47−1.4% | Reduced |
| Pallas Capital Advisors LLC | 3,433 | $1.03M | 0.04% | −360−9.5% | Reduced |
| Malaga Cove Capital, LLC | 3,434 | $1.03M | 0.37% | −75−2.1% | Reduced |
| Summit Financial, LLC | 3,450 | $1.04M | 0.02% | −296−7.9% | Reduced |
| Great Lakes Advisors, LLC | 3,451 | $1.04M | 0.01% | +710+25.9% | Added |
| Mutual Advisors, LLC | 3,658 | $1.04M | 0.02% | −820−18.3% | Reduced |
| Guardian Wealth Advisors, LLC | 3,466 | $1.04M | 0.07% | +24+0.7% | Added |
| IFG Advisory, LLC | 3,495 | $1.05M | 0.05% | 00.0% | Unchanged |
| Inscription Capital, LLC | 3,495 | $1.05M | 0.11% | +3,495 | New |
| Waldron Private Wealth LLC | 3,497 | $1.05M | 0.04% | −125−3.5% | Reduced |
| Cottage Street Advisors LLC | 3,500 | $1.05M | 0.45% | +3,500 | New |
| Tull Financial Group, Inc. | 3,505 | $1.05M | 0.46% | +10.0% | Added |
| Rodgers Brothers Inc. | 3,509 | $1.05M | 0.13% | 00.0% | Unchanged |
| Dearborn Partners LLC | 3,510 | $1.05M | 0.05% | −230−6.1% | Reduced |
| Evermay Wealth Management LLC | 3,535 | $1.06M | 0.12% | −35−1.0% | Reduced |
| FineMark National Bank & Trust | 3,540 | $1.06M | 0.03% | −201−5.4% | Reduced |
| Athena Investment Management | 3,543 | $1.06M | 0.55% | 00.0% | Unchanged |
| Shayne & Co., LLC | 3,546 | $1.07M | 0.33% | 00.0% | Unchanged |
| Quadcap Wealth Management, LLC | 3,555 | $1.07M | 0.13% | −32−0.9% | Reduced |
| Key Financial Inc | 3,583 | $1.07M | 0.20% | −19−0.5% | Reduced |
| Walleye Capital LLC | 3,574 | $1.07M | 0.01% | −89,251−96.1% | Reduced |
| Financial Security Advisor, Inc. | 3,596 | $1.08M | 0.23% | −206−5.4% | Reduced |
| Wedgewood Investors Inc | 3,625 | $1.09M | 1.19% | −75−2.0% | Reduced |
| Schulhoff & Co Inc | 3,635 | $1.09M | 0.47% | −10−0.3% | Reduced |
| Fiduciary Family Office, LLC | 3,637 | $1.09M | 0.31% | −601−14.2% | Reduced |
| Mount Yale Investment Advisors, LLC | 3,648 | $1.10M | 0.08% | −15,422−80.9% | Reduced |
| Integrated Advisors Network LLC | 3,655 | $1.10M | 0.05% | −233−6.0% | Reduced |
| Bollard Group LLC | 3,661 | $1.10M | 0.03% | 00.0% | Unchanged |
| Park Place Capital Corp | 3,668 | $1.10M | 0.23% | +3,640+13,000.0% | Added |
| Cyndeo Wealth Partners, LLC | 3,691 | $1.11M | 0.06% | −200−5.1% | Reduced |
| Philadelphia Trust Co | 3,696 | $1.11M | 0.08% | −198−5.1% | Reduced |