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Livermore
Livermore
ZHEN

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.

Institutional holdersQ3 2025: 1,801 institutions
Q1 2021: 1,514 institutionsQ2 2021: 1,546 institutionsQ3 2021: 1,494 institutionsQ4 2021: 1,644 institutionsQ1 2022: 1,646 institutionsQ2 2022: 1,543 institutionsQ3 2022: 1,501 institutionsQ4 2022: 1,592 institutionsQ1 2023: 1,500 institutionsQ2 2023: 1,529 institutionsQ3 2023: 1,444 institutionsQ4 2023: 1,585 institutionsQ1 2024: 1,628 institutionsQ2 2024: 1,565 institutionsQ3 2024: 1,612 institutionsQ4 2024: 1,686 institutionsQ1 2025: 1,656 institutionsQ2 2025: 1,693 institutionsQ3 2025: 1,801 institutionsQ4 2025: 1,852 institutionsQ1 2026: 1,841 institutionsQ2 2026: 1,869 institutions
Value heldQ3 2025: $50.8B
Q1 2021: $49.7BQ2 2021: $48.1BQ3 2021: $42.6BQ4 2021: $52.7BQ1 2022: $50.2BQ2 2022: $39.6BQ3 2022: $36.1BQ4 2022: $41.8BQ1 2023: $35.4BQ2 2023: $37.9BQ3 2023: $33.1BQ4 2023: $40.1BQ1 2024: $43.1BQ2 2024: $36.7BQ3 2024: $42.4BQ4 2024: $41.0BQ1 2025: $41.2BQ2 2025: $45.1BQ3 2025: $50.8BQ4 2025: $49.8BQ1 2026: $48.2BQ2 2026: $53.6B
Institutions holding NSC and their total value by quarter
QuarterHoldersValue
Q2 20261,869$53.6B
Q1 20261,841$48.2B
Q4 20251,852$49.8B
Q3 20251,801$50.8B
Q2 20251,693$45.1B
Q1 20251,656$41.2B
Q4 20241,686$41.0B
Q3 20241,612$42.4B
Q2 20241,565$36.7B
Q1 20241,628$43.1B
Q4 20231,585$40.1B
Q3 20231,444$33.1B
Q2 20231,529$37.9B
Q1 20231,500$35.4B
Q4 20221,592$41.8B
Q3 20221,501$36.1B
Q2 20221,543$39.6B
Q1 20221,646$50.2B
Q4 20211,644$52.7B
Q3 20211,494$42.6B
Q2 20211,546$48.1B
Q1 20211,514$49.7B

Institutions, Q3 2025

Shares, value and share of portfolio for each institution holding Norfolk Southern Corp; share changes are against Q2 2025.

Institutions holding NSC in Q3 2025
InstitutionSharesValue% of portfolioChange in sharesAction
Badgley Phelps Wealth Managers, LLC725$217.8K0.00%+725New
Strathmore Capital Advisors, Inc.730$219.3K0.09%+730New
Elevatus Welath Management733$220.2K0.06%+733New
Versant Capital Management, Inc735$220.8K0.03%+65+9.7%Added
Baron Wealth Management LLC735$220.8K0.07%+735New
Manning & Napier Advisors LLC738$221.7K0.00%−265,262−99.7%Reduced
Sensible Money, LLC738$221.7K0.08%−89−10.8%Reduced
GreatBanc Trust CO738$221.7K0.15%+738New
Rockline Wealth Management, LLC739$222.0K0.05%+739New
Procyon Private Wealth Partners, LLC742$222.9K0.01%+742New
Founders Financial Alliance, LLC742$223.0K0.04%+742New
Associated Banc-Corp744$223.5K0.01%+744New
Atlas Brown,Inc.744$223.5K0.07%+744New
Nelson Capital Management, LLC747$224.4K0.03%+747New
Summit Global Investments748$225.0K0.01%+748New
Washington Trust Bank750$225.3K0.02%+750New
Allen Mooney & Barnes Investment Advisors LLC750$225.3K0.04%+750New
Greenfield Savings Bank751$225.6K0.10%+751New
626 Financial, LLC752$225.9K0.10%+752New
Sowell Financial Services LLC754$226.6K0.01%+754New
Moss Adams Wealth Advisors LLC756$227.1K0.02%+756New
Atlantic Trust, LLC757$227.4K0.04%−50−6.2%Reduced
Roehl & Yi Investment Advisors, LLC764$229.5K0.10%+764New
Lokken Investment Group LLC765$229.7K0.08%+765New
Cross Staff Investments Inc765$229.8K0.16%+765New
Frederick Financial Consultants, LLC768$230.7K0.13%+768New
Topsail Wealth Management, LLC768$230.7K0.04%+768New
EWG Elevate Inc.769$231.0K0.07%+769New
Farmers & Merchants Trust Co of Long Beach776$233.1K0.05%−20−2.5%Reduced
Institute for Wealth Management, LLC.777$233.5K0.02%+777New
Beacon Financial Group782$234.9K0.02%−6−0.8%Reduced
Griffith & Werner, Inc.820$235.3K0.12%+820New
Leigh Baldwin & Co., LLC785$236.0K0.13%+785New
Nelson, Van Denburg & Campbell Wealth Management Group, LLC787$236.5K0.01%+787New
Maryland Capital Advisors Inc.789$237.0K0.08%00.0%Unchanged
Missouri Trust & Investment Co790$237.3K0.07%00.0%Unchanged
Camden Capital, LLC795$238.8K0.02%+795New
BKM Wealth Management, LLC797$239.4K0.09%−430−35.0%Reduced
ARS Wealth Advisors Group, LLC797$239.4K0.02%+797New
Petix & Botte Co800$240.3K0.06%−200−20.0%Reduced
Capital Management Corp800$240.3K0.04%−50−5.9%Reduced
Kelly Lawrence W & Associates Inc800$240.3K0.06%00.0%Unchanged
Saxony Capital Management, LLC800$240.3K0.16%00.0%Unchanged
Camelot Portfolios, LLC800$240.3K0.14%00.0%Unchanged
Burt Wealth Advisors800$240.3K0.06%00.0%Unchanged
Trust Investment Advisors801$240.6K0.14%00.0%Unchanged
Ocean Capital Management, LLC805$241.9K0.05%+805New
PBMares Wealth Management LLC812$243.8K0.04%+812New
WMG Financial Advisors, LLC814$244.5K0.08%−2−0.2%Reduced
VestGen Advisors, LLC815$244.9K0.01%+815New
LVZ Advisors, Inc.818$245.7K0.03%00.0%Unchanged
Boothbay Fund Management, LLC818$245.7K0.01%+818New
Bullock Wealth Management Group824$246.3K0.12%+1+0.1%Added
Edgemoor Investment Advisors, Inc.820$246.5K0.02%+820New
Lee Financial Co824$247.5K0.03%+824New
Tompkins Financial Corp825$247.8K0.02%00.0%Unchanged
Physicians Financial Services, Inc.825$248.0K0.07%00.0%Unchanged
Wealth Dimensions Group, Ltd.826$248.1K0.05%00.0%Unchanged
Tanager Wealth Management LLP826$248.2K0.03%+34+4.3%Added
KMG Fiduciary Partners, LLC827$248.4K0.02%−19−2.2%Reduced
Quotient Wealth Partners, LLC827$248.6K0.01%+827New
Evanson Asset Management, LLC829$248.9K0.01%00.0%Unchanged
Plotkin Financial Advisors, LLC829$249.0K0.12%00.0%Unchanged
Lighthouse Financial LLC833$250.2K0.17%00.0%Unchanged
Intrua Financial, LLC834$250.3K0.03%+834New
LVM Capital Management Ltd835$251.0K0.02%00.0%Unchanged
Clarius Group, LLC836$251.1K0.01%−749−47.3%Reduced
Wilkins Miller Wealth Management, LLC836$251.2K0.16%+2+0.2%Added
Archer Investment Corp843$253.4K0.06%−1,091−56.4%Reduced
Advisors Management Group Inc844$254.0K0.04%+7+0.8%Added
West Financial Advisors, LLC846$254.1K0.04%00.0%Unchanged
Modern Wealth Management, LLC847$254.6K0.01%+41+5.1%Added
Villere St Denis J & Co LLC850$255.3K0.02%−725−46.0%Reduced
L.M. Kohn & Company850$255.3K0.31%−125−12.8%Reduced
WT Wealth Management850$255.3K0.07%00.0%Unchanged
Hudson Value Partners, LLC850$255.3K0.08%00.0%Unchanged
Tacita Capital Inc850$255.3K0.15%00.0%Unchanged
Sax Wealth Advisors, LLC851$255.6K0.01%+851New
Twin Capital Management Inc852$255.9K0.03%00.0%Unchanged
Broadleaf Partners, LLC861$258.7K0.05%00.0%Unchanged
Fukoku Mutual Life Insurance Co862$259.0K0.02%−197−18.6%Reduced
Tiemann Investment Advisors, LLC862$259.0K0.10%00.0%Unchanged
FSM Wealth Advisors, LLC864$259.5K0.04%−16−1.8%Reduced
Cascade Financial Partners, LLC864$259.6K0.03%00.0%Unchanged
Regent Peak Wealth Advisors LLC865$259.9K0.05%+865New
Great Diamond Partners, LLC868$260.8K0.05%00.0%Unchanged
Liberty Capital Management, Inc.869$261.1K0.05%00.0%Unchanged
First National Bank of Mount Dora, Trust Investment Services874$262.6K0.06%−967−52.5%Reduced
Toth Financial Advisory Corp875$262.9K0.03%00.0%Unchanged
MASTERINVEST Kapitalanlage GmbH875$262.9K0.03%00.0%Unchanged
Stephenson National Bank & Trust875$262.9K0.08%+6+0.7%Added
FLC Capital Advisors876$263.2K0.05%00.0%Unchanged
Kovack Advisors, Inc.877$263.4K0.02%−31−3.4%Reduced
Orrstown Financial Services Inc882$265.0K0.05%−9−1.0%Reduced
Consolidated Planning Corp883$265.3K0.03%+883New
Zullo Investment Group, Inc.883$265.5K0.10%00.0%Unchanged
Asset Planning Corporation884$265.6K0.13%00.0%Unchanged
Chapin Davis, Inc.888$266.8K0.07%−685−43.5%Reduced
Cornerstone Select Advisors, LLC891$267.7K0.20%−80−8.2%Reduced
Advisory Alpha, LLC897$267.7K0.01%+897New