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 |
|---|---|---|---|---|---|
| ING Groep NV | 29,004 | $8.71M | 0.05% | +29,004 | New |
| Mirae Asset Global Investments Co., Ltd. | 29,228 | $8.78M | 0.03% | +3,722+14.6% | Added |
| Klingenstein Fields & Co LP | 29,469 | $8.85M | 0.33% | 00.0% | Unchanged |
| JustInvest LLC | 29,775 | $8.95M | 0.09% | −668−2.2% | Reduced |
| Synovus Financial Corp | 30,103 | $9.04M | 0.10% | +794+2.7% | Added |
| Yousif Capital Management, LLC | 30,256 | $9.09M | 0.10% | −1,981−6.1% | Reduced |
| Aventail Capital Group, LP | 30,349 | $9.12M | 0.43% | −5,356−15.0% | Reduced |
| Trust Co of Vermont | 30,719 | $9.23M | 0.40% | −299−1.0% | Reduced |
| Trust Co of Toledo NA | 30,739 | $9.23M | 0.93% | +401+1.3% | Added |
| Sumitomo Mitsui DS Asset Management Company, Ltd | 30,999 | $9.31M | 0.08% | +57+0.2% | Added |
| Johnson Investment Counsel Inc | 31,026 | $9.32M | 0.08% | +223+0.7% | Added |
| Heritage Investors Management Corp | 31,056 | $9.33M | 0.28% | −8,221−20.9% | Reduced |
| Earnest Partners LLC | 31,538 | $9.47M | 0.04% | −462−1.4% | Reduced |
| Xponance, Inc. | 31,679 | $9.52M | 0.08% | −1,403−4.2% | Reduced |
| Eliot Finkel Investment Counsel, LLC | 32,225 | $9.68M | 5.82% | −285−0.9% | Reduced |
| British Columbia Investment Management Corp | 32,402 | $9.73M | 0.06% | −3,196−9.0% | Reduced |
| Boussard & Gavaudan Investment Management LLP | 32,958 | $9.86M | 1.22% | +32,958 | New |
| Absolute Gestao de Investimentos Ltda. | 33,000 | $9.91M | 1.31% | +33,000 | New |
| Qube Research & Technologies Ltd | 33,000 | $9.91M | 0.01% | +33,000 | New |
| Gabelli Funds LLC | 33,100 | $9.94M | 0.07% | +33,100 | New |
| Quarry LP | 33,300 | $10.0M | 2.44% | +33,238+53,609.7% | Added |
| Lafayette Investments, Inc. | 33,470 | $10.1M | 1.93% | −49−0.1% | Reduced |
| Ausbil Investment Management Ltd | 33,764 | $10.1M | 5.38% | 00.0% | Unchanged |
| Baker Avenue Asset Management, LP | 33,682 | $10.1M | 0.24% | −689−2.0% | Reduced |
| Walleye Trading LLC | 33,781 | $10.1M | 0.16% | +3,152+10.3% | Added |
| Gabelli & Co Investment Advisers, Inc. | 33,900 | $10.2M | 1.63% | +33,900 | New |
| Baker Chad R | 33,906 | $10.2M | 1.75% | 00.0% | Unchanged |
| CIBC World Markets Inc. | 34,062 | $10.2M | 0.02% | −911−2.6% | Reduced |
| Tufton Capital Management | 34,108 | $10.2M | 1.83% | −184−0.5% | Reduced |
| Ilmarinen Mutual Pension Insurance Co | 34,750 | $10.4M | 0.08% | −1,750−4.8% | Reduced |
| Teacher Retirement System of Texas | 34,793 | $10.5M | 0.04% | −82,002−70.2% | Reduced |
| Brinker Capital Investments, LLC | 34,836 | $10.5M | 0.08% | +3,146+9.9% | Added |
| Daiwa Securities Group Inc. | 35,240 | $10.6M | 0.04% | +1,283+3.8% | Added |
| Cohen Klingenstein LLC | 35,500 | $10.7M | 0.33% | 00.0% | Unchanged |
| Saybrook Capital | 35,555 | $10.7M | 2.79% | −243−0.7% | Reduced |
| Greenland Capital Management LP | 35,558 | $10.7M | 1.57% | +33,420+1,563.1% | Added |
| Commerce Bank | 35,693 | $10.7M | 0.06% | −905−2.5% | Reduced |
| Police & Firemen's Retirement System of New Jersey | 36,364 | $10.9M | 0.09% | +2,091+6.1% | Added |
| MML Investors Services, LLC | 36,554 | $11.0M | 0.03% | −566−1.5% | Reduced |
| CIBC Asset Management Inc | 36,696 | $11.0M | 0.03% | −228−0.6% | Reduced |
| Moore Capital Management, LP | 36,746 | $11.0M | 0.22% | +21,689+144.0% | Added |
| Voya Investment Management LLC | 36,817 | $11.1M | 0.01% | −8,337−18.5% | Reduced |
| Utah Retirement Systems | 37,336 | $11.2M | 0.11% | +49+0.1% | Added |
| Trajan Wealth LLC | 37,410 | $11.2M | 0.49% | −1,300−3.4% | Reduced |
| Cresset Asset Management, LLC | 37,790 | $11.4M | 0.05% | +1,894+5.3% | Added |
| Kintayl Capital LP | 38,100 | $11.4M | 7.85% | +38,100 | New |
| Kempen Capital Management N.V. | 38,604 | $11.6M | 0.10% | +38,604 | New |
| Neville Rodie & Shaw Inc | 38,708 | $11.6M | 0.84% | −3,511−8.3% | Reduced |
| Mediolanum International Funds Ltd | 39,419 | $11.8M | 0.12% | +39,419 | New |
| Vestcor Inc | 39,513 | $11.9M | 0.35% | +35,000+775.5% | Added |
| O'Shaughnessy Asset Management, LLC | 39,521 | $11.9M | 0.07% | +10,631+36.8% | Added |
| Glenmede Investment Management, LP | 39,649 | $11.9M | 0.06% | −2,593−6.1% | Reduced |
| BTC Capital Management, Inc. | 40,034 | $12.0M | 0.83% | +1,685+4.4% | Added |
| USS Investment Management Ltd | 41,303 | $12.4M | 0.06% | 00.0% | Unchanged |
| ProShare Advisors LLC | 41,847 | $12.6M | 0.03% | −707−1.7% | Reduced |
| Linscomb & Williams, Inc. | 41,878 | $12.6M | 0.54% | +858+2.1% | Added |
| Janus Henderson Group PLC | 41,916 | $12.6M | 0.01% | +13,725+48.7% | Added |
| Prelude Capital Management, LLC | 42,029 | $12.6M | 0.99% | +42,029 | New |
| Wiley Bros.-Aintree Capital, LLC | 42,543 | $12.8M | 0.08% | −1,039−2.4% | Reduced |
| Blair William & Co | 42,688 | $12.8M | 0.03% | +689+1.6% | Added |
| M. Kraus & Co | 42,695 | $12.8M | 3.58% | −933−2.1% | Reduced |
| Amalgamated Bank | 43,144 | $13.0M | 0.09% | −917−2.1% | Reduced |
| Glenview Trust Co | 43,637 | $13.1M | 0.21% | −1,505−3.3% | Reduced |
| CIBC Private Wealth Group, LLC | 43,699 | $13.1M | 0.02% | +1,509+3.6% | Added |
| Cambridge Investment Research Advisors, Inc. | 43,806 | $13.2M | 0.04% | +3,215+7.9% | Added |
| Ingalls & Snyder LLC | 43,871 | $13.2M | 0.43% | −525−1.2% | Reduced |
| Sanctuary Advisors, LLC | 44,642 | $13.4M | 0.08% | −4,726−9.6% | Reduced |
| Atlantic Union Bankshares Corp | 45,130 | $13.6M | 0.26% | +19,498+76.1% | Added |
| Bryn Mawr Trust Co | 45,205 | $13.6M | 0.33% | −6,981−13.4% | Reduced |
| Forsta Ap-Fonden | 46,200 | $13.9M | 0.08% | +2,000+4.5% | Added |
| Varma Mutual Pension Insurance Co | 47,410 | $14.2M | 0.09% | +3,800+8.7% | Added |
| Versor Investments LP | 47,517 | $14.3M | 2.63% | +47,517 | New |
| Retirement Systems of Alabama | 47,858 | $14.4M | 0.05% | −518−1.1% | Reduced |
| Caxton Associates LLP | 48,000 | $14.4M | 0.40% | +48,000 | New |
| Dillon & Associates Inc | 48,292 | $14.5M | 1.86% | −210.0% | Reduced |
| Skandinaviska Enskilda Banken AB (publ) | 49,965 | $15.0M | 0.06% | +4,533+10.0% | Added |
| Advisor Group Holdings, Inc. | 52,039 | $15.3M | 0.02% | +2,877+5.9% | Added |
| Kanawha Capital Management LLC | 50,871 | $15.3M | 1.06% | −1,584−3.0% | Reduced |
| Seven Grand Managers, LLC | 51,000 | $15.3M | 1.24% | +51,000 | New |
| Mercer Global Advisors Inc | 52,178 | $15.7M | 0.03% | +11,137+27.1% | Added |
| STRS Ohio | 53,237 | $16.0M | 0.06% | −8,568−13.9% | Reduced |
| DnB Asset Management AS | 54,001 | $16.2M | 0.06% | −18,034−25.0% | Reduced |
| Zurcher Kantonalbank (Zurich Cantonalbank) | 54,444 | $16.4M | 0.04% | +3,944+7.8% | Added |
| Davidson Investment Advisors | 55,224 | $16.6M | 0.70% | −394−0.7% | Reduced |
| Rockefeller Capital Management L.P. | 55,640 | $16.7M | 0.03% | +4,297+8.4% | Added |
| MetLife Investment Management | 55,691 | $16.7M | 0.08% | −1,759−3.1% | Reduced |
| IFM Investors Pty Ltd | 56,277 | $16.7M | 0.15% | +369+0.7% | Added |
| Fjarde Ap-Fonden /Fourth Swedish National Pension Fund | 55,912 | $16.8M | 0.14% | −100−0.2% | Reduced |
| Tenere Capital LLC | 56,398 | $16.9M | 4.00% | +638+1.1% | Added |
| Kimelman & Baird, LLC | 56,880 | $17.1M | 1.33% | 00.0% | Unchanged |
| Czech National Bank | 56,982 | $17.1M | 0.12% | +1,876+3.4% | Added |
| SCS Capital Management LLC | 57,089 | $17.2M | 0.19% | +15,295+36.6% | Added |
| Rokos Capital Management LLP | 57,668 | $17.3M | 0.22% | +57,668 | New |
| Susquehanna International Group, LLP | 58,327 | $17.5M | 0.03% | −58,819−50.2% | Reduced |
| Kovitz Investment Group Partners, LLC | 58,864 | $17.7M | 0.07% | +2,778+5.0% | Added |
| Grantham, Mayo, Van Otterloo & Co. LLC | 59,034 | $17.7M | 0.05% | +54,133+1,104.5% | Added |
| Point72 Asia (Singapore) Pte. Ltd. | 59,273 | $17.8M | 2.76% | +57,505+3,252.5% | Added |
| Skylands Capital, LLC | 59,680 | $17.9M | 2.48% | +2,245+3.9% | Added |
| Yaupon Capital Management LP | 60,044 | $18.0M | 0.93% | −20,807−25.7% | Reduced |
| SummitTX Capital, L.P. | 60,072 | $18.0M | 0.75% | +20,939+53.5% | Added |