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 |
|---|---|---|---|---|---|
| Whittier Trust Co | 198,628 | $59.6M | 0.68% | +6,037+3.1% | Added |
| Man Group plc | 200,105 | $60.1M | 0.12% | +200,105 | New |
| State Board of Administration of Florida Retirement System | 203,523 | $61.1M | 0.11% | −12,992−6.0% | Reduced |
| Russell Investments Group, Ltd. | 203,772 | $61.2M | 0.07% | +3,634+1.8% | Added |
| CIBC Bancorp USA Inc. | 205,991 | $61.9M | 0.37% | +205,991 | New |
| Zacks Investment Management | 206,088 | $61.9M | 0.49% | +1,928+0.9% | Added |
| TIG Advisors, LLC | 206,611 | $62.1M | 3.83% | +206,611 | New |
| Calamos Advisors LLC | 214,274 | $64.4M | 0.26% | +20,301+10.5% | Added |
| AustralianSuper Pty Ltd | 216,000 | $64.9M | 0.31% | +216,000 | New |
| Truist Financial Corp | 218,782 | $65.7M | 0.09% | −7,111−3.1% | Reduced |
| Great West Life Assurance Co | 220,075 | $65.9M | 0.09% | +20,412+10.2% | Added |
| BNP Paribas Arbitrage, SA | 229,017 | $68.8M | 0.05% | −196,710−46.2% | Reduced |
| First Trust Advisors LP | 230,815 | $69.3M | 0.05% | −32,610−12.4% | Reduced |
| Jane Street Group, LLC | 240,037 | $72.1M | 0.08% | +240,037 | New |
| New York State Common Retirement Fund | 245,020 | $73.6M | 0.10% | −15,800−6.1% | Reduced |
| Principal Financial Group Inc | 250,186 | $75.2M | 0.04% | +2,049+0.8% | Added |
| Magellan Asset Management Ltd | 252,848 | $76.0M | 0.90% | −145,419−36.5% | Reduced |
| Markel Group Inc.SuperinvestorMarkel Group | 256,500 | $77.1M | 0.63% | +20,000+8.5% | Added |
| Citigroup Inc | 260,497 | $78.3M | 0.05% | −26,974−9.4% | Reduced |
| Cincinnati Insurance Co | 264,400 | $79.4M | 1.23% | 00.0% | Unchanged |
| Tudor Investment Corp Et Al | 267,694 | $80.4M | 0.52% | +267,694 | New |
| Public Employees Retirement Association of Colorado | 272,365 | $81.8M | 0.30% | −150,160−35.5% | Reduced |
| LPL Financial LLC | 275,070 | $82.6M | 0.02% | −1,501−0.5% | Reduced |
| Clearstead Advisors, LLC | 279,130 | $83.9M | 1.22% | +553+0.2% | Added |
| HighTower Advisors, LLC | 280,653 | $84.3M | 0.10% | +852+0.3% | Added |
| Squarepoint Ops LLC | 295,767 | $88.9M | 0.19% | +228,274+338.2% | Added |
| Laurion Capital Management LP | 301,699 | $90.6M | 12.36% | +301,699 | New |
| Bank of Montreal | 313,834 | $94.3M | 0.04% | +132,296+72.9% | Added |
| Canada Pension Plan Investment Board | 320,082 | $96.2M | 0.07% | +71,558+28.8% | Added |
| Omni Event Management Ltd | 328,963 | $98.8M | 11.42% | +328,963 | New |
| California State Teachers Retirement System | 335,705 | $100.8M | 0.10% | +64,016+23.6% | Added |
| Magnetar Financial LLC | 358,330 | $107.6M | 0.65% | +358,330 | New |
| Franklin Resources Inc | 359,033 | $107.9M | 0.03% | −169,449−32.1% | Reduced |
| Commonwealth of Pennsylvania Public School Empls Retrmt Sys | 362,167 | $108.8M | 0.55% | +17,804+5.2% | Added |
| HSBC Holdings PLC | 364,236 | $109.3M | 0.06% | +3,478+1.0% | Added |
| The PNC Financial Services Group, Inc. | 369,996 | $111.2M | 0.07% | −5,471−1.5% | Reduced |
| Raymond James Financial Inc | 374,615 | $112.5M | 0.04% | −77,248−17.1% | Reduced |
| Envestnet Asset Management Inc | 386,090 | $116.0M | 0.03% | −60,037−13.5% | Reduced |
| California Public Employees Retirement System | 387,490 | $116.4M | 0.07% | +27,440+7.6% | Added |
| Barclays PLC | 389,617 | $117.0M | 0.04% | −267,816−40.7% | Reduced |
| Ameriprise Financial Inc | 406,145 | $122.0M | 0.03% | −97,704−19.4% | Reduced |
| Verition Fund Management LLC | 407,313 | $122.4M | 0.70% | +359,974+760.4% | Added |
| Rhumbline Advisers | 437,783 | $131.5M | 0.11% | +5,677+1.3% | Added |
| Davenport & Co LLC | 445,923 | $133.9M | 0.72% | −97,300−17.9% | Reduced |
| Standard Life Aberdeen plc | 447,556 | $134.1M | 0.21% | −82,170−15.5% | Reduced |
| D. E. Shaw & Co., Inc. | 452,788 | $136.0M | 0.11% | −84,898−15.8% | Reduced |
| Mitsubishi UFJ Kokusai Asset Management Co., Ltd. | 486,162 | $146.0M | 0.11% | +18,382+3.9% | Added |
| Alliancebernstein L.P. | 490,103 | $147.2M | 0.05% | +200,801+69.4% | Added |
| Alpine Associates Management Inc. | 502,610 | $151.0M | 9.20% | +502,610 | New |
| Sculptor Capital LP | 508,000 | $152.6M | 2.10% | +469,000+1,202.6% | Added |
| Adage Capital Partners GP, L.L.C. | 522,857 | $157.1M | 0.25% | −173,268−24.9% | Reduced |
| Nuveen, LLC | 537,968 | $161.6M | 0.04% | +24,755+4.8% | Added |
| Sumitomo Mitsui Trust Holdings, Inc. | 549,028 | $164.9M | 0.09% | +2,854+0.5% | Added |
| Neuberger Berman Group LLC | 569,124 | $171.0M | 0.12% | +432,450+316.4% | Added |
| National Pension Service | 581,261 | $174.6M | 0.14% | +12,089+2.1% | Added |
| Cincinnati Financial Corp | 587,687 | $176.5M | 3.49% | 00.0% | Unchanged |
| Farallon Capital Management, L.L.C. | 615,000 | $184.8M | 1.04% | +615,000 | New |
| Swiss National Bank | 649,900 | $195.2M | 0.11% | −34,800−5.1% | Reduced |
| Cohen & Steers, Inc. | 719,889 | $216.3M | 0.39% | +514,948+251.3% | Added |
| Mitsubishi UFJ Trust & Banking Corp | 732,975 | $220.2M | 0.48% | −218,386−23.0% | Reduced |
| Deutsche Bank AG | 750,277 | $225.4M | 0.08% | −686,101−47.8% | Reduced |
| Hotchkis & Wiley Capital Management LLC | 764,463 | $229.7M | 0.71% | −54,160−6.6% | Reduced |
| Ancora Advisors, LLC | 830,288 | $249.4M | 5.00% | −313,852−27.4% | Reduced |
| FIL Ltd | 932,603 | $280.2M | 0.22% | −260,834−21.9% | Reduced |
| Assenagon Asset Management S.A. | 952,544 | $286.2M | 0.42% | +459,166+93.1% | Added |
| Amundi | 1,022,230 | $306.3M | 0.10% | +306,788+42.9% | Added |
| DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main | 1,061,989 | $319.0M | 0.29% | +1,053,014+11,732.7% | Added |
| Balyasny Asset Management LLC | 1,097,264 | $329.6M | 0.66% | +1,097,264 | New |
| Wells Fargo & Company | 1,108,521 | $333.0M | 0.07% | −93,214−7.8% | Reduced |
| Mirae Asset Global ETFs Holdings Ltd. | 1,132,501 | $340.2M | 0.54% | +14,846+1.3% | Added |
| Primecap Management Co | 1,132,583 | $340.2M | 0.26% | +82,500+7.9% | Added |
| Fisher Asset Management, LLC | 1,133,629 | $340.6M | 0.12% | +79,049+7.5% | Added |
| Arrowstreet Capital, Limited Partnership | 1,252,565 | $376.3M | 0.24% | +228,486+22.3% | Added |
| HBK Investments L P | 1,270,000 | $381.5M | 5.62% | +1,270,000 | New |
| Royal Bank of Canada | 1,282,353 | $385.2M | 0.07% | +528,795+70.2% | Added |
| UBS Asset Management Americas Inc | 1,306,203 | $392.4M | 0.09% | +1,103,748+545.2% | Added |
| Charles Schwab Investment Management Inc | 1,436,170 | $431.4M | 0.07% | −1,137−0.1% | Reduced |
| Capital World Investors | 1,638,009 | $492.1M | 0.07% | +4,085+0.3% | Added |
| Bank of New York Mellon Corp | 1,647,781 | $495.0M | 0.09% | −67,832−4.0% | Reduced |
| Third Point LLCSuperinvestorThird Point | 1,650,000 | $495.7M | 5.91% | +1,650,000 | New |
| Invesco Ltd. | 1,723,196 | $517.7M | 0.08% | −70,427−3.9% | Reduced |
| Legal & General Group Plc | 1,744,074 | $523.9M | 0.12% | +76,751+4.6% | Added |
| London Co of Virginia | 1,805,124 | $542.3M | 2.99% | −39,804−2.2% | Reduced |
| Citadel Advisors LLC | 1,973,277 | $592.8M | 0.48% | +1,962,390+18,025.1% | Added |
| Goldman Sachs Group Inc | 2,046,448 | $614.8M | 0.09% | +11,038+0.5% | Added |
| UBS Group AG | 2,072,337 | $622.6M | 0.12% | +960,841+86.4% | Added |
| American Century Companies Inc | 2,154,815 | $647.3M | 0.33% | −850,971−28.3% | Reduced |
| Dimensional Fund Advisors LP | 2,179,610 | $654.8M | 0.14% | +118,697+5.8% | Added |
| Morgan Stanley | 2,481,789 | $745.6M | 0.05% | +94,013+3.9% | Added |
| Millennium Management LLC | 2,644,515 | $794.4M | 0.63% | +2,208,289+506.2% | Added |
| Northern Trust Corp | 2,744,672 | $824.5M | 0.11% | −11,965−0.4% | Reduced |
| Pentwater Capital Management LP | 2,750,000 | $826.1M | 7.42% | +2,750,000 | New |
| FMR LLC | 3,212,031 | $964.9M | 0.05% | −738,116−18.7% | Reduced |
| Bank of America Corp | 3,287,998 | $987.7M | 0.07% | +221,581+7.2% | Added |
| Price T Rowe Associates Inc | 3,840,146 | $1.15B | 0.12% | −7,101,517−64.9% | Reduced |
| Geode Capital Management, LLC | 4,841,824 | $1.45B | 0.09% | +19,749+0.4% | Added |
| JPMorgan Chase & Co | 4,866,907 | $1.46B | 0.09% | −813,901−14.3% | Reduced |
| State Street Corp | 9,330,730 | $2.80B | 0.10% | −51,345−0.5% | Reduced |
| Dodge & Cox | 10,874,249 | $3.27B | 1.76% | +15,128+0.1% | Added |
| BlackRock, Inc. | 14,952,286 | $4.49B | 0.08% | +281,910+1.9% | Added |