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 |
|---|---|---|---|---|---|
| Mint Tower Capital Management B.V. | 15,000 | $4.51M | 0.58% | +15,000 | New |
| Hardy Reed LLC | 15,016 | $4.51M | 0.33% | 00.0% | Unchanged |
| Elo Mutual Pension Insurance Co | 15,143 | $4.55M | 0.07% | +1,587+11.7% | Added |
| Mizuho Securities USA LLC | 16,340 | $4.57M | 0.09% | +764+4.9% | Added |
| Alpha Omega Wealth Management LLC | 15,311 | $4.60M | 0.77% | +8+0.1% | Added |
| EdgePoint Investment Group Inc. | 15,331 | $4.61M | 0.03% | −4,167,590−99.6% | Reduced |
| Brevan Howard Capital Management LP | 15,413 | $4.63M | 0.07% | +8,612+126.6% | Added |
| Perigon Wealth Management, LLC | 15,473 | $4.65M | 0.09% | +173+1.1% | Added |
| IFP Advisors, Inc | 15,582 | $4.68M | 0.12% | +517+3.4% | Added |
| Sepio Capital, LP | 16,084 | $4.83M | 0.29% | +865+5.7% | Added |
| Smithfield Trust Co | 16,267 | $4.89M | 0.22% | +300+1.9% | Added |
| Kestra Private Wealth Services, LLC | 16,290 | $4.89M | 0.06% | +508+3.2% | Added |
| Signaturefd, LLC | 16,399 | $4.93M | 0.08% | −764−4.5% | Reduced |
| Logan Capital Management Inc | 16,425 | $4.93M | 0.21% | 00.0% | Unchanged |
| Bessemer Group Inc | 16,685 | $5.01M | 0.01% | −80.0% | Reduced |
| NewEdge Wealth, LLC | 17,997 | $5.05M | 0.07% | +241+1.4% | Added |
| Stonegate Investment Group, LLC | 17,015 | $5.11M | 0.12% | −76−0.4% | Reduced |
| Wealthfront Advisers LLC | 17,167 | $5.16M | 0.01% | +1,169+7.3% | Added |
| Central Pacific Bank - Trust Division | 17,243 | $5.18M | 0.63% | −20.0% | Reduced |
| Douglass Winthrop Advisors, LLC | 17,253 | $5.18M | 0.09% | +23+0.1% | Added |
| Lighthouse Investment Partners, LLC | 17,336 | $5.21M | 0.19% | −3,166−15.4% | Reduced |
| Somerset Trust Co | 17,465 | $5.25M | 1.62% | +109+0.6% | Added |
| Cherokee Insurance Co | 17,500 | $5.26M | 2.25% | 00.0% | Unchanged |
| Independent Investors Inc | 17,517 | $5.26M | 1.01% | −83−0.5% | Reduced |
| Hantz Financial Services, Inc. | 17,628 | $5.30M | 0.08% | −609−3.3% | Reduced |
| Teachers Retirement System of the State of Kentucky | 17,742 | $5.33M | 0.04% | 00.0% | Unchanged |
| Highland Capital Management, LLC | 18,084 | $5.43M | 0.27% | −130−0.7% | Reduced |
| Silvercrest Asset Management Group LLC | 18,109 | $5.44M | 0.04% | −75−0.4% | Reduced |
| Pacer Advisors, Inc. | 18,256 | $5.48M | 0.01% | +24+0.1% | Added |
| Trust Co of Virginia | 18,403 | $5.53M | 0.46% | −927−4.8% | Reduced |
| Kestra Advisory Services, LLC | 18,407 | $5.53M | 0.03% | −870−4.5% | Reduced |
| Baxter Bros Inc | 18,425 | $5.54M | 0.64% | −557−2.9% | Reduced |
| New Republic Capital, LLC | 18,531 | $5.57M | 1.71% | +12+0.1% | Added |
| Atria Investments LLC | 18,555 | $5.57M | 0.06% | −2,711−12.7% | Reduced |
| Wescott Financial Advisory Group, LLC | 18,587 | $5.58M | 0.50% | −254−1.3% | Reduced |
| KBC Group NV | 19,039 | $5.72M | 0.01% | +590+3.2% | Added |
| Canandaigua National Bank & Trust Co | 19,043 | $5.72M | 0.50% | −558−2.8% | Reduced |
| Schroder Investment Management Group | 19,140 | $5.73M | 0.00% | −2,023−9.6% | Reduced |
| Public Sector Pension Investment Board | 19,373 | $5.82M | 0.02% | +2,345+13.8% | Added |
| Guggenheim Capital LLC | 19,375 | $5.82M | 0.04% | −5,784−23.0% | Reduced |
| Cullinan Associates Inc | 19,400 | $5.83M | 0.38% | 00.0% | Unchanged |
| Patten & Patten Inc | 19,605 | $5.89M | 0.35% | −40−0.2% | Reduced |
| P Schoenfeld Asset Management LP | 19,700 | $5.92M | 1.67% | +19,700 | New |
| Burns J W & Co Inc | 19,807 | $5.95M | 0.67% | −243−1.2% | Reduced |
| ASR Vermogensbeheer N.V. | 19,901 | $5.98M | 0.07% | −56−0.3% | Reduced |
| Bradley Foster & Sargent Inc | 19,946 | $5.99M | 0.09% | 00.0% | Unchanged |
| Jamison Private Wealth Management, Inc. | 19,971 | $6.00M | 0.76% | −44−0.2% | Reduced |
| Athos Capital Ltd | 20,000 | $6.01M | 3.90% | +20,000 | New |
| Private Advisor Group, LLC | 20,003 | $6.01M | 0.03% | +602+3.1% | Added |
| UniSuper Management Pty Ltd | 20,281 | $6.09M | 0.04% | +2,678+15.2% | Added |
| Tiaa Trust, National Association | 20,436 | $6.14M | 0.01% | −255−1.2% | Reduced |
| Vestmark Advisory Solutions, Inc. | 21,019 | $6.31M | 0.12% | −3,301−13.6% | Reduced |
| Meridian Investment Counsel Inc. | 21,043 | $6.32M | 1.56% | 00.0% | Unchanged |
| Steward Partners Investment Advisory, LLC | 21,077 | $6.33M | 0.04% | +806+4.0% | Added |
| Bokf, NA | 21,375 | $6.42M | 0.10% | +1,019+5.0% | Added |
| Huntington National Bank | 21,576 | $6.48M | 0.04% | −1,449−6.3% | Reduced |
| Nordea Investment Management AB | 21,685 | $6.49M | 0.01% | +2,087+10.6% | Added |
| Howe & Rusling Inc | 21,655 | $6.51M | 0.45% | −219−1.0% | Reduced |
| Rafferty Asset Management, LLC | 21,865 | $6.57M | 0.02% | −265−1.2% | Reduced |
| Cubist Systematic Strategies, LLC | 22,005 | $6.61M | 0.09% | +22,005 | New |
| Estabrook Capital Management | 22,019 | $6.61M | 0.96% | −202−0.9% | Reduced |
| Thompson Siegel & Walmsley LLC | 22,068 | $6.63M | 0.11% | +1,090+5.2% | Added |
| MAI Capital Management | 22,247 | $6.68M | 0.04% | +941+4.4% | Added |
| D.A. Davidson & Co. | 22,610 | $6.79M | 0.04% | +49+0.2% | Added |
| Dana Investment Advisors, Inc. | 22,658 | $6.81M | 0.20% | −104−0.5% | Reduced |
| Gibson Wealth Advisors LLC | 22,709 | $6.82M | 4.85% | 00.0% | Unchanged |
| RSM US Wealth Management LLC | 22,846 | $6.86M | 0.09% | −215−0.9% | Reduced |
| Mackenzie Financial Corp | 23,162 | $6.96M | 0.01% | −230−1.0% | Reduced |
| Cornerstone Advisors, LLC | 23,300 | $7.00M | 0.23% | −1,700−6.8% | Reduced |
| Swiss Life Asset Management Ltd | 23,676 | $7.11M | 0.04% | −3,845−14.0% | Reduced |
| South Dakota Investment Council | 23,683 | $7.12M | 0.14% | −19,009−44.5% | Reduced |
| GWM Advisors LLC | 23,828 | $7.16M | 0.03% | +1,002+4.4% | Added |
| W.G. Shaheen & Associates DBA Whitney & Co | 24,143 | $7.25M | 0.66% | −12,501−34.1% | Reduced |
| Mutual of America Capital Management LLC | 24,326 | $7.31M | 0.08% | −1,534−5.9% | Reduced |
| OP Asset Management Ltd | 24,478 | $7.35M | 0.10% | +338+1.4% | Added |
| State of Alaska, Department of Revenue | 24,531 | $7.37M | 0.08% | −788−3.1% | Reduced |
| Callan Family Office, LLC | 24,541 | $7.37M | 0.23% | −1,005−3.9% | Reduced |
| NEOS Investment Management LLC | 25,298 | $7.60M | 0.06% | +8,090+47.0% | Added |
| Moors & Cabot, Inc. | 25,334 | $7.61M | 0.33% | −3,943−13.5% | Reduced |
| Pinebridge Investments, L.P. | 25,485 | $7.66M | 0.06% | +7,593+42.4% | Added |
| Oregon Public Employees Retirement Fund | 25,631 | $7.70M | 0.10% | +6,121+31.4% | Added |
| Jones Financial Companies LLLP | 25,870 | $7.72M | 0.01% | +3,807+17.3% | Added |
| Uncommon Cents Investing LLC | 25,851 | $7.77M | 1.93% | −97−0.4% | Reduced |
| Investment House LLC | 25,868 | $7.77M | 0.37% | −525−2.0% | Reduced |
| Northwestern Mutual Wealth Management Co | 26,027 | $7.82M | 0.01% | −3,422−11.6% | Reduced |
| Redmond Asset Management, LLC | 26,074 | $7.83M | 1.92% | −590−2.2% | Reduced |
| Kornitzer Capital Management Inc | 26,350 | $7.92M | 0.16% | −55−0.2% | Reduced |
| BNP PARIBAS ASSET MANAGEMENT Holding S.A. | 26,423 | $7.94M | 0.02% | +952+3.7% | Added |
| Gateway Investment Advisers LLC | 26,490 | $7.96M | 0.08% | +19+0.1% | Added |
| Farmers National Bank | 26,494 | $7.96M | 1.89% | −594−2.2% | Reduced |
| HB Wealth Management, LLC | 26,689 | $8.02M | 0.05% | +6,280+30.8% | Added |
| Pettyjohn, Wood & White, Inc | 26,810 | $8.05M | 1.33% | +274+1.0% | Added |
| 1st Source Bank | 26,830 | $8.06M | 0.42% | −681−2.5% | Reduced |
| Wellington Management Group LLP | 27,114 | $8.15M | 0.00% | −854−3.1% | Reduced |
| Pathstone Holdings, LLC | 28,072 | $8.43M | 0.03% | +415+1.5% | Added |
| Nissay Asset Management Corp | 28,227 | $8.48M | 0.05% | +186+0.7% | Added |
| Capital Investment Advisors, LLC | 28,248 | $8.49M | 0.14% | −20−0.1% | Reduced |
| Toroso Investments, LLC | 28,297 | $8.50M | 0.04% | +13,264+88.2% | Added |
| Running Oak Capital LLC | 28,657 | $8.61M | 0.97% | −1,237−4.1% | Reduced |
| BFSG, LLC | 28,905 | $8.68M | 0.84% | −1,338−4.4% | Reduced |