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 |
|---|---|---|---|---|---|
| Clifford Swan Investment Counsel LLC | 6,458 | $1.94M | 0.06% | −10.0% | Reduced |
| Whitener Capital Management, Inc. | 6,492 | $1.95M | 0.47% | −50−0.8% | Reduced |
| Family Investment Center, Inc. | 6,500 | $1.95M | 0.41% | 00.0% | Unchanged |
| Caldwell Trust Co | 6,525 | $1.96M | 0.18% | −168−2.5% | Reduced |
| Harold Davidson & Associates Inc. | 6,535 | $1.96M | 0.89% | +2,202+50.8% | Added |
| Banco Bilbao Vizcaya Argentaria, S.A. | 6,571 | $1.97M | 0.02% | +1,777+37.1% | Added |
| Greenleaf Trust | 6,581 | $1.98M | 0.02% | −293−4.3% | Reduced |
| ZWJ Investment Counsel Inc | 6,691 | $2.01M | 0.07% | +477+7.7% | Added |
| Sig Brokerage, LP | 6,702 | $2.01M | 0.51% | +6,702 | New |
| EFG Asset Management (Americas) Corp. | 6,711 | $2.02M | 0.35% | −395−5.6% | Reduced |
| Davis R M Inc | 6,728 | $2.02M | 0.04% | 00.0% | Unchanged |
| SRS Capital Advisors, Inc. | 6,798 | $2.04M | 0.03% | +4,994+276.8% | Added |
| Dynasty Wealth Management, LLC | 6,857 | $2.06M | 0.03% | +691+11.2% | Added |
| Alps Advisors Inc | 6,928 | $2.08M | 0.01% | +5,379+347.3% | Added |
| Burney Co | 7,000 | $2.10M | 0.07% | −17−0.2% | Reduced |
| Applied Finance Capital Management, LLC | 7,015 | $2.11M | 0.15% | −895−11.3% | Reduced |
| Coldstream Capital Management Inc | 7,021 | $2.11M | 0.03% | +542+8.4% | Added |
| RMB Capital Management, LLC | 7,038 | $2.11M | 0.04% | −1,763−20.0% | Reduced |
| Wesbanco Bank Inc | 7,084 | $2.13M | 0.06% | −123−1.7% | Reduced |
| Blue Chip Partners, Inc. | 7,096 | $2.13M | 0.16% | +153+2.2% | Added |
| Banque Cantonale Vaudoise | 7,095 | $2.13M | 0.08% | +2,695+61.3% | Added |
| Northwestern Mutual Investment Management Company, LLC | 7,152 | $2.15M | 0.03% | −40−0.6% | Reduced |
| Pflug Koory, LLC | 7,159 | $2.15M | 1.02% | 00.0% | Unchanged |
| Ritholtz Wealth Management | 7,205 | $2.16M | 0.04% | +317+4.6% | Added |
| Quest Partners LLC | 7,206 | $2.16M | 0.14% | +7,206 | New |
| Intech Investment Management LLC | 7,218 | $2.17M | 0.02% | +769+11.9% | Added |
| Prospera Financial Services Inc | 7,221 | $2.17M | 0.04% | −33−0.5% | Reduced |
| Colonial Trust Advisors | 7,302 | $2.19M | 0.17% | −2,251−23.6% | Reduced |
| Park National Corp | 7,324 | $2.20M | 0.07% | 00.0% | Unchanged |
| Cape Cod Five Cents Savings Bank | 8,878 | $2.21M | 0.20% | 00.0% | Unchanged |
| Keel Point, LLC | 7,350 | $2.21M | 0.14% | −18−0.2% | Reduced |
| Catalytic Wealth RIA, LLC | 7,367 | $2.21M | 0.07% | +2,926+65.9% | Added |
| Cache Advisors, LLC | 7,409 | $2.23M | 0.39% | 00.0% | Unchanged |
| Valeo Financial Advisors, LLC | 7,435 | $2.23M | 0.05% | −180−2.4% | Reduced |
| First Commonwealth Financial Corp | 7,449 | $2.24M | 0.37% | +124+1.7% | Added |
| Hutner Capital Management Inc | 7,454 | $2.24M | 0.95% | +110+1.5% | Added |
| Tokio Marine Asset Management Co Ltd | 7,480 | $2.25M | 0.08% | +332+4.6% | Added |
| Phoenix Holdings Ltd. | 7,489 | $2.25M | 0.03% | −572,860−98.7% | Reduced |
| Oddo BHF Asset Management SAS | 7,500 | $2.25M | 0.09% | +7,500 | New |
| IHT Wealth Management, LLC | 7,573 | $2.27M | 0.06% | +43+0.6% | Added |
| Patten Group, Inc. | 7,600 | $2.28M | 0.44% | −184−2.4% | Reduced |
| Zurich Insurance Group Ltd | 7,600 | $2.28M | 0.02% | +7,600 | New |
| Metis Global Partners, LLC | 7,601 | $2.28M | 0.05% | −480−5.9% | Reduced |
| AG2R la Mondiale Gestion D'Actifs | 8,922 | $2.28M | 0.12% | 00.0% | Unchanged |
| Vident Advisory, LLC | 7,619 | $2.29M | 0.02% | +1,534+25.2% | Added |
| Independent Advisor Alliance | 7,646 | $2.30M | 0.06% | −59−0.8% | Reduced |
| Modera Wealth Management, LLC | 7,647 | $2.30M | 0.03% | −15−0.2% | Reduced |
| Inlet Private Wealth, LLC | 7,700 | $2.31M | 0.52% | 00.0% | Unchanged |
| Yukon Wealth Management, Inc. | 7,750 | $2.33M | 0.76% | +46+0.6% | Added |
| TD Waterhouse Canada Inc. | 7,802 | $2.33M | 0.02% | −6,020−43.6% | Reduced |
| Diametric Capital, LP | 7,781 | $2.34M | 0.87% | +7,781 | New |
| HighPoint Advisor Group LLC | 7,863 | $2.36M | 0.11% | +28+0.4% | Added |
| Headlands Technologies LLC | 7,938 | $2.38M | 0.19% | +7,938 | New |
| Allstate Corp | 7,944 | $2.39M | 0.05% | +7,944 | New |
| Fruth Investment Management | 7,958 | $2.39M | 0.65% | −500−5.9% | Reduced |
| Nilsine Partners, LLC | 7,958 | $2.39M | 0.21% | +68+0.9% | Added |
| Partnership Wealth Management, LLC | 8,035 | $2.41M | 1.86% | 00.0% | Unchanged |
| Wolverine Asset Management LLC | 8,050 | $2.42M | 0.04% | +8,050 | New |
| CAPROCK Group, Inc. | 8,679 | $2.43M | 0.06% | +8,679 | New |
| Home Federal Bank of Tennessee | 8,092 | $2.43M | 0.65% | −85−1.0% | Reduced |
| Omers Administration Corp | 8,119 | $2.44M | 0.02% | 00.0% | Unchanged |
| Empirical Finance, LLC | 8,188 | $2.46M | 0.12% | +58+0.7% | Added |
| Daymark Wealth Partners, LLC | 8,205 | $2.46M | 0.08% | −1,252−13.2% | Reduced |
| Stratos Wealth Partners, LTD. | 8,225 | $2.47M | 0.03% | +2,310+39.1% | Added |
| Jacobi Capital Management LLC | 8,265 | $2.48M | 0.15% | +72+0.9% | Added |
| Ascent Group, LLC | 8,280 | $2.49M | 0.09% | +2,908+54.1% | Added |
| Argent Trust Co | 8,283 | $2.49M | 0.09% | −1,117−11.9% | Reduced |
| Romano Brothers and Company | 8,311 | $2.50M | 0.29% | 00.0% | Unchanged |
| Tower Bridge Advisors | 8,338 | $2.50M | 0.25% | −30.0% | Reduced |
| Jennison Associates LLC | 8,359 | $2.51M | 0.00% | −491−5.5% | Reduced |
| Nicholas Hoffman & Company, LLC. | 8,361 | $2.51M | 0.06% | −1,072−11.4% | Reduced |
| Lido Advisors, LLC | 8,392 | $2.52M | 0.01% | +1,516+22.0% | Added |
| HM Payson & Co | 8,451 | $2.54M | 0.04% | 00.0% | Unchanged |
| Boston Family Office LLC | 8,473 | $2.54M | 0.16% | 00.0% | Unchanged |
| Ci Investments Inc. | 8,489 | $2.55M | 0.01% | −114−1.3% | Reduced |
| MTM Investment Management, LLC | 8,586 | $2.58M | 0.82% | +10.0% | Added |
| Fiduciary Group LLC | 8,590 | $2.58M | 0.23% | −54−0.6% | Reduced |
| Montag A & Associates Inc | 8,604 | $2.58M | 0.12% | 00.0% | Unchanged |
| Federation des caisses Desjardins du Quebec | 8,697 | $2.61M | 0.01% | +1,266+17.0% | Added |
| Hancock Whitney Corp | 8,796 | $2.64M | 0.05% | +77+0.9% | Added |
| Prime Capital Investment Advisors, LLC | 8,824 | $2.65M | 0.03% | −144−1.6% | Reduced |
| Sanibel Captiva Trust Company, Inc. | 8,864 | $2.66M | 0.08% | −25−0.3% | Reduced |
| Fisher Funds Management LTD | 8,885 | $2.67M | 0.07% | 00.0% | Unchanged |
| Rossmore Private Capital | 8,907 | $2.68M | 0.29% | 00.0% | Unchanged |
| Brown Brothers Harriman & Co | 8,910 | $2.68M | 0.02% | +645+7.8% | Added |
| Simplex Trading, LLC | 8,912 | $2.68M | 0.06% | −1,049−10.5% | Reduced |
| ZEGA Investments, LLC | 8,934 | $2.68M | 0.62% | +8,934 | New |
| Ronald Blue Trust, Inc. | 8,954 | $2.69M | 0.03% | −78−0.9% | Reduced |
| United Capital Financial Advisers, LLC | 9,022 | $2.71M | 0.02% | −73−0.8% | Reduced |
| Naples Global Advisors, LLC | 9,031 | $2.71M | 0.21% | −5−0.1% | Reduced |
| Bahl & Gaynor Inc | 9,086 | $2.73M | 0.01% | −62−0.7% | Reduced |
| Mill Capital Management, LLC | 9,138 | $2.75M | 0.20% | 00.0% | Unchanged |
| Koshinski Asset Management, Inc. | 9,148 | $2.75M | 0.18% | −40−0.4% | Reduced |
| Financial Network Wealth Management LLC | 9,586 | $2.75M | 0.85% | +9,586 | New |
| Campbell Newman Asset Management Inc | 9,165 | $2.75M | 0.20% | 00.0% | Unchanged |
| Two Sigma Investments, LP | 9,220 | $2.77M | 0.00% | +6,630+256.0% | Added |
| Snowden Capital Advisors LLC | 9,221 | $2.77M | 0.08% | −47−0.5% | Reduced |
| Stephens Inc | 9,314 | $2.80M | 0.04% | −13−0.1% | Reduced |
| Kingsview Wealth Management, LLC | 9,315 | $2.80M | 0.04% | +68+0.7% | Added |
| Rakuten Investment Management, Inc. | 23,629 | $2.80M | 0.01% | +23,629 | New |