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 |
|---|---|---|---|---|---|
| JNBA Financial Advisors | 346 | $103.9K | 0.01% | 00.0% | Unchanged |
| Piscataqua Savings Bank | 355 | $106.6K | 0.08% | −70−16.5% | Reduced |
| First Command Advisory Services, Inc. | 361 | $108.4K | 0.00% | −367−50.4% | Reduced |
| Horrell Capital Management, Inc. | 362 | $108.7K | 0.05% | 00.0% | Unchanged |
| Motco | 365 | $109.7K | 0.01% | −11−2.9% | Reduced |
| Quent Capital, LLC | 370 | $111.2K | 0.01% | +370 | New |
| Kathleen S. Wright Associates Inc. | 377 | $113.2K | 0.04% | −248−39.7% | Reduced |
| Clear Street Markets LLC | 387 | $116.3K | 0.04% | +235+154.6% | Added |
| Stone House Investment Management, LLC | 392 | $117.6K | 0.02% | +2+0.5% | Added |
| Cascades Capital Asset Management, LLC | 394 | $118.5K | 0.05% | 00.0% | Unchanged |
| Perkins Coie Trust Co | 395 | $118.7K | 0.02% | 00.0% | Unchanged |
| FSA Wealth Management LLC | 397 | $119.3K | 0.04% | +19+5.0% | Added |
| Centaurus Financial, Inc. | 400 | $120.0K | 0.01% | −174−30.3% | Reduced |
| Painted Porch Advisors LLC | 400 | $120.2K | 0.05% | −100−20.0% | Reduced |
| First Financial Corp | 400 | $120.2K | 0.05% | 00.0% | Unchanged |
| Deseret Mutual Benefit Administrators | 403 | $121.1K | 0.05% | −23−5.4% | Reduced |
| Holos Integrated Wealth LLC | 420 | $121.1K | 0.07% | 00.0% | Unchanged |
| TCTC Holdings, LLC | 407 | $122.3K | 0.00% | 00.0% | Unchanged |
| Center for Financial Planning, Inc. | 412 | $123.8K | 0.01% | 00.0% | Unchanged |
| Zions Bancorporation, National Association | 429 | $128.9K | 0.01% | +30+7.5% | Added |
| Grove Bank & Trust | 430 | $129.2K | 0.02% | 00.0% | Unchanged |
| Glass Jacobson Investment Advisors llc | 430 | $129.2K | 0.05% | 00.0% | Unchanged |
| Joseph Group Capital Management | 440 | $132.2K | 0.04% | +440 | New |
| Capital Analysts, LLC | 446 | $134.0K | 0.00% | 00.0% | Unchanged |
| Hollencrest Capital Management | 450 | $135.2K | 0.00% | 00.0% | Unchanged |
| AllSquare Wealth Management LLC | 465 | $139.7K | 0.07% | 00.0% | Unchanged |
| Sawyer & Company, Inc | 545 | $140.0K | 0.05% | +415+319.2% | Added |
| Clean Yield Group | 474 | $142.4K | 0.04% | 00.0% | Unchanged |
| First United Bank Trust | 485 | $145.7K | 0.05% | 00.0% | Unchanged |
| Horizon Financial Services, LLC | 493 | $148.1K | 0.07% | +493 | New |
| Albion Financial Group | 495 | $148.7K | 0.01% | 00.0% | Unchanged |
| Duncker Streett & Co Inc | 495 | $148.7K | 0.03% | 00.0% | Unchanged |
| Washington Trust Advisors, Inc. | 500 | $150.2K | 0.01% | 00.0% | Unchanged |
| Coastline Trust Co | 500 | $150.2K | 0.02% | +500 | New |
| Crews Bank & Trust | 507 | $152.3K | 0.02% | 00.0% | Unchanged |
| TruNorth Capital Management, LLC | 517 | $155.3K | 0.03% | 00.0% | Unchanged |
| SBI Securities Co., Ltd. | 524 | $157.4K | 0.00% | −4−0.8% | Reduced |
| Optiver Holding B.V. | 532 | $159.8K | 0.00% | +532 | New |
| Sound Income Strategies, LLC | 545 | $160.7K | 0.01% | +102+23.0% | Added |
| SIMA Wealth Partners, LLC | 540 | $162.2K | 0.12% | −140−20.6% | Reduced |
| Inlight Wealth Management, LLC | 541 | $162.5K | 0.08% | 00.0% | Unchanged |
| Rosenberg Matthew Hamilton | 542 | $162.8K | 0.04% | 00.0% | Unchanged |
| Sentry Investment Management LLC | 549 | $163.0K | 0.11% | −143−20.7% | Reduced |
| AlphaCore Capital LLC | 543 | $163.1K | 0.01% | −74−12.0% | Reduced |
| Centennial Bank | 551 | $165.5K | 0.07% | −5,425−90.8% | Reduced |
| Curat Global, LLC | 555 | $166.0K | 0.16% | −455−45.0% | Reduced |
| West Branch Capital LLC | 571 | $171.5K | 0.04% | 00.0% | Unchanged |
| Osterweis Capital Management Inc | 582 | $174.8K | 0.01% | 00.0% | Unchanged |
| Wall Street Access Asset Management, LLC | 583 | $175.1K | 0.04% | +583 | New |
| Proffitt & Goodson Inc | 605 | $181.7K | 0.03% | +1+0.2% | Added |
| Trifecta Capital Advisors, LLC | 610 | $183.3K | 0.03% | −75−10.9% | Reduced |
| Onefund, LLC | 612 | $183.9K | 0.12% | +20+3.4% | Added |
| Hopwood Financial Services, Inc. | 621 | $186.7K | 0.12% | 00.0% | Unchanged |
| ESL Trust Services, LLC | 638 | $191.7K | 0.04% | +44+7.4% | Added |
| Mark Sheptoff Financial Planning, LLC | 650 | $195.3K | 0.09% | 00.0% | Unchanged |
| Avalon Trust Co | 656 | $197.1K | 0.01% | 00.0% | Unchanged |
| Pin Oak Investment Advisors Inc | 657 | $197.4K | 0.14% | 00.0% | Unchanged |
| Dividend Assets Capital, LLC | 667 | $200.4K | 0.04% | +667 | New |
| Cypress Wealth Services, LLC | 670 | $201.3K | 0.03% | +670 | New |
| Fielder Capital Group LLC | 671 | $201.5K | 0.05% | +671 | New |
| Resonant Capital Advisors, LLC | 671 | $201.6K | 0.01% | +671 | New |
| Gibson Capital, LLC | 671 | $201.7K | 0.04% | +671 | New |
| Thrive Wealth Management, LLC | 672 | $201.9K | 0.03% | +672 | New |
| Foster & Motley Inc | 674 | $202.0K | 0.01% | +674 | New |
| Crewe Advisors LLC | 675 | $202.8K | 0.02% | 00.0% | Unchanged |
| Rowland & Co Investment Counsel | 676 | $203.1K | 0.04% | 00.0% | Unchanged |
| Aurdan Capital Management, LLC | 677 | $203.4K | 0.06% | +677 | New |
| JGP Wealth Management, LLC | 682 | $203.4K | 0.02% | +682 | New |
| AdvisorNet Financial, Inc | 681 | $204.6K | 0.01% | 00.0% | Unchanged |
| Kooman & Associates | 681 | $204.6K | 0.06% | +681 | New |
| Gen-Wealth Partners Inc | 682 | $204.9K | 0.07% | −51−7.0% | Reduced |
| Aprio Wealth Management, LLC | 682 | $205.0K | 0.02% | +682 | New |
| Novak & Powell Financial Services, Inc. | 685 | $205.7K | 0.11% | +685 | New |
| Ignite Planners, LLC | 685 | $205.8K | 0.03% | −44−6.0% | Reduced |
| Conrad Siegel Investment Advisors, Inc. | 688 | $206.7K | 0.04% | +688 | New |
| Fusion Capital, LLC | 730 | $206.9K | 0.06% | +730 | New |
| Hemington Wealth Management | 690 | $207.0K | 0.03% | +305+79.2% | Added |
| Fee-Only Financial Planning, L.C. | 695 | $208.8K | 0.12% | +695 | New |
| Sunflower Bank, N.A. | 696 | $209.1K | 0.05% | +696 | New |
| Cromwell Holdings LLC | 696 | $209.1K | 0.11% | 00.0% | Unchanged |
| Waterloo Capital, L.P. | 697 | $209.3K | 0.02% | +697 | New |
| Horst & Graben Wealth Management LLC | 698 | $209.6K | 0.03% | +698 | New |
| FC Advisory LLC | 698 | $209.6K | 0.06% | +698 | New |
| Frisch Financial Group, Inc. | 698 | $209.7K | 0.05% | +698 | New |
| Cypress Asset Management Inc | 700 | $210.3K | 0.05% | −500−41.7% | Reduced |
| WealthTrust Axiom LLC | 700 | $210.3K | 0.06% | +700 | New |
| Murphy, Middleton, Hinkle & Parker, Inc. | 700 | $210.3K | 0.10% | +700 | New |
| Cowa, LLC | 700 | $210.3K | 0.07% | +700 | New |
| Haven Capital Group, Inc. | 701 | $211.0K | 0.19% | +701 | New |
| First Foundation Advisors | 704 | $211.5K | 0.01% | +704 | New |
| Oceanside Advisors LLC | 704 | $211.5K | 0.13% | +704 | New |
| Chesley Taft & Associates LLC | 706 | $212.1K | 0.01% | +706 | New |
| Alaethes Wealth LLC | 708 | $212.7K | 0.06% | +708 | New |
| Samalin Investment Counsel, LLC | 709 | $213.1K | 0.07% | +709 | New |
| Finward Bancorp | 711 | $213.6K | 0.16% | +711 | New |
| Alpha Financial Partners, LLC | 712 | $213.9K | 0.14% | +712 | New |
| Maple Capital Management, Inc. | 719 | $216.0K | 0.01% | +719 | New |
| Western Wealth Management, LLC | 721 | $216.5K | 0.01% | +721 | New |
| Master's Wealth Management Inc. | 725 | $217.7K | 0.09% | +725 | New |
| Hall Laurie J Trustee | 725 | $217.8K | 0.07% | +725 | New |