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 |
|---|---|---|---|---|---|
| Bayesian Capital Management, LP | 893 | $268.3K | 0.05% | +893 | New |
| Measured Wealth Private Client Group, LLC | 895 | $268.9K | 0.07% | −58−6.1% | Reduced |
| Sage Capital Management, LLC | 895 | $268.9K | 0.12% | 00.0% | Unchanged |
| Planning Directions Inc | 895 | $268.9K | 0.14% | +4+0.4% | Added |
| First American Trust, FSB | 895 | $268.9K | 0.02% | −8−0.9% | Reduced |
| Addison Advisors LLC | 897 | $269.5K | 0.06% | −16−1.8% | Reduced |
| Stonebridge Capital Advisors LLC | 897 | $269.5K | 0.02% | −9−1.0% | Reduced |
| Green Harvest Asset Management LLC | 898 | $269.8K | 0.00% | −81−8.3% | Reduced |
| Journey Strategic Wealth LLC | 899 | $269.9K | 0.01% | +51+6.0% | Added |
| Palogic Value Management, L.P. | 900 | $270.4K | 0.11% | 00.0% | Unchanged |
| Westhampton Capital, LLC | 900 | $270.4K | 0.13% | 00.0% | Unchanged |
| Jeppson Wealth Management, LLC | 900 | $270.4K | 0.09% | 00.0% | Unchanged |
| Park Edge Advisors, LLC | 900 | $270.4K | 0.06% | 00.0% | Unchanged |
| K2 Principal Fund, L.P. | 900 | $270.4K | 0.03% | +900 | New |
| Pure Financial Advisors, Inc. | 903 | $271.2K | 0.00% | −16−1.7% | Reduced |
| Paragon Private Wealth Management, LLC | 908 | $272.9K | 0.09% | +908 | New |
| Tred Avon Family Wealth, LLC | 910 | $273.4K | 0.09% | +910 | New |
| Richwood Investment Advisors, LLC | 913 | $274.3K | 0.21% | +14+1.6% | Added |
| Royal Capital Wealth Management, LLC | 916 | $275.2K | 0.17% | 00.0% | Unchanged |
| American Trust | 923 | $277.3K | 0.02% | +923 | New |
| MeadowBrook Investment Advisors LLC | 925 | $277.9K | 0.24% | 00.0% | Unchanged |
| Cantor Fitzgerald Investment Adviser L.P. | 925 | $277.9K | 0.02% | 00.0% | Unchanged |
| Transcend Wealth Collective, LLC | 926 | $278.2K | 0.02% | −251−21.3% | Reduced |
| Saxon Interests, Inc. | 994 | $278.3K | 0.11% | +38+4.0% | Added |
| Heartwood Wealth Advisors LLC | 933 | $280.3K | 0.03% | +12+1.3% | Added |
| Zhang Financial LLC | 934 | $280.6K | 0.01% | −7−0.7% | Reduced |
| Wela Strategies, Inc. | 938 | $281.8K | 0.11% | 00.0% | Unchanged |
| Kathmere Capital Management, LLC | 938 | $281.8K | 0.02% | +145+18.3% | Added |
| Norden Group LLC | 942 | $283.1K | 0.03% | 00.0% | Unchanged |
| Cassaday & Co Wealth Management LLC | 943 | $283.3K | 0.01% | 00.0% | Unchanged |
| MCF Advisors LLC | 949 | $285.1K | 0.02% | 00.0% | Unchanged |
| Wealth Preservation Advisors, LLC | 950 | $285.2K | 0.17% | −12−1.2% | Reduced |
| NTV Asset Management LLC | 951 | $285.7K | 0.03% | +11+1.2% | Added |
| Root Financial Partners, LLC | 952 | $286.0K | 0.02% | +29+3.1% | Added |
| LifeGoal Wealth Advisors | 958 | $287.8K | 0.24% | −89−8.5% | Reduced |
| Davidson Trust Co | 960 | $288.4K | 0.12% | −40−4.0% | Reduced |
| CRA Financial Services, LLC | 961 | $288.7K | 0.04% | +15+1.6% | Added |
| Wealth Alliance | 962 | $288.9K | 0.03% | −262−21.4% | Reduced |
| Maia Wealth LLC | 1,007 | $289.0K | 0.05% | −55−5.2% | Reduced |
| Aviance Capital Partners, LLC | 962 | $289.0K | 0.03% | 00.0% | Unchanged |
| von Borstel & Associates, Inc. | 1,007 | $289.0K | 0.04% | +1,007 | New |
| Impact Capital Partners LLC | 964 | $289.6K | 0.09% | −714−42.6% | Reduced |
| Strategic Investment Advisors | 967 | $290.4K | 0.03% | −15−1.5% | Reduced |
| Ausdal Financial Partners, Inc. | 969 | $291.0K | 0.01% | +969 | New |
| Marotta Asset Management | 975 | $291.1K | 0.05% | 00.0% | Unchanged |
| Longboard Asset Management, LP | 973 | $292.3K | 0.47% | +973 | New |
| Trinity Financial Advisors LLC | 980 | $294.4K | 0.09% | −2−0.2% | Reduced |
| Rise Advisors, LLC | 981 | $294.8K | 0.11% | +6+0.6% | Added |
| Creekside Partners | 983 | $295.3K | 0.13% | 00.0% | Unchanged |
| Welch & Forbes LLC | 987 | $296.5K | 0.00% | −132−11.8% | Reduced |
| Fullcircle Wealth LLC | 1,049 | $297.7K | 0.10% | +3+0.3% | Added |
| Pekin Hardy Strauss, Inc. | 992 | $298.0K | 0.03% | 00.0% | Unchanged |
| Patton Fund Management, Inc. | 993 | $298.3K | 0.05% | 00.0% | Unchanged |
| Hanlon Investment Management, Inc. | 996 | $299.2K | 0.18% | +141+16.5% | Added |
| Triangle Securities Wealth Management | 997 | $299.5K | 0.07% | −6−0.6% | Reduced |
| Tilia Fiduciary Partners, Inc. | 997 | $299.6K | 0.17% | −38−3.7% | Reduced |
| Gladstone Institutional Advisory LLC | 999 | $300.0K | 0.01% | +201+25.2% | Added |
| Brandywine Oak Private Wealth LLC | 999 | $300.1K | 0.03% | 00.0% | Unchanged |
| Constitution Capital LLC | 1,000 | $300.4K | 0.14% | −1,500−60.0% | Reduced |
| Argus Investors' Counsel, Inc. | 1,000 | $300.4K | 0.24% | 00.0% | Unchanged |
| J. L. Bainbridge & Co., Inc. | 1,000 | $300.4K | 0.03% | 00.0% | Unchanged |
| Ayrshire Capital Management LLC | 1,000 | $300.4K | 0.14% | 00.0% | Unchanged |
| bLong Financial, LLC | 1,000 | $300.4K | 0.21% | 00.0% | Unchanged |
| Accordant Advisory Group Inc | 1,000 | $300.4K | 0.20% | 00.0% | Unchanged |
| Peachtree Investment Partners, LLC | 1,004 | $301.5K | 0.10% | +4+0.4% | Added |
| Wayfinding Financial, LLC | 1,007 | $302.0K | 0.13% | −15−1.5% | Reduced |
| Carson Advisory Inc. | 1,007 | $302.6K | 0.16% | −49−4.6% | Reduced |
| Quaker Wealth Management, LLC | 1,008 | $302.7K | 0.10% | +1+0.1% | Added |
| TCP Asset Management, LLC | 1,011 | $303.7K | 0.05% | +1,011 | New |
| QTR Family Wealth, LLC | 1,014 | $304.5K | 0.14% | +11+1.1% | Added |
| Elwood & Goetz Wealth Advisory Group, LLC | 1,016 | $305.2K | 0.06% | 00.0% | Unchanged |
| CWS Financial Advisors, LLC | 1,019 | $306.1K | 0.08% | 00.0% | Unchanged |
| West Family Investments, Inc. | 1,027 | $308.5K | 0.07% | +12+1.2% | Added |
| Eagle Rock Investment Company, LLC | 1,030 | $309.4K | 0.05% | −7,000−87.2% | Reduced |
| Bristol John W & Co Inc | 1,035 | $310.9K | 0.00% | 00.0% | Unchanged |
| Tritonpoint Wealth, LLC | 1,041 | $312.7K | 0.03% | +35+3.5% | Added |
| Biltmore Family Office, LLC | 1,042 | $313.0K | 0.04% | 00.0% | Unchanged |
| Vawter Financial, Ltd. | 1,042 | $313.0K | 0.14% | +1,042 | New |
| BridgePort Financial Solutions, LLC | 1,042 | $313.1K | 0.08% | 00.0% | Unchanged |
| Willow Creek Wealth Management Inc. | 1,043 | $313.3K | 0.03% | 00.0% | Unchanged |
| Accredited Investors Inc. | 1,043 | $313.4K | 0.02% | 00.0% | Unchanged |
| Stratos Wealth Advisors, LLC | 1,047 | $314.6K | 0.02% | +34+3.4% | Added |
| Sovereign Financial Group, Inc. | 1,048 | $314.8K | 0.06% | 00.0% | Unchanged |
| FourThought Financial Partners, LLC | 1,048 | $314.9K | 0.03% | +2+0.2% | Added |
| MJP Associates Inc | 1,049 | $315.1K | 0.04% | −81−7.2% | Reduced |
| Harbor Investment Advisory, LLC | 1,050 | $315.4K | 0.03% | −35−3.2% | Reduced |
| Los Angeles Capital Management LLC | 1,051 | $315.7K | 0.00% | −43−3.9% | Reduced |
| Tradewinds, LLC. | 1,051 | $315.9K | 0.08% | +1,051 | New |
| National Philanthropic Trust | 1,053 | $316.3K | 0.00% | +95+9.9% | Added |
| RFG Advisory, LLC | 1,055 | $317.0K | 0.01% | −58−5.2% | Reduced |
| First Financial Bankshares Inc | 1,056 | $317.2K | 0.01% | +56+5.6% | Added |
| L2 Asset Management, LLC | 1,057 | $317.5K | 0.05% | +52+5.2% | Added |
| Johnson Bixby & Associates, LLC | 1,058 | $317.8K | 0.04% | 00.0% | Unchanged |
| Independent Solutions Wealth Management, LLC | 1,059 | $318.1K | 0.06% | +164+18.3% | Added |
| Premier Path Wealth Partners, LLC | 1,061 | $318.7K | 0.04% | +160+17.8% | Added |
| Sunburst Financial Group, LLC | 1,063 | $319.3K | 0.07% | 00.0% | Unchanged |
| Wiser Wealth Management, Inc | 1,064 | $319.6K | 0.07% | −28−2.6% | Reduced |
| Hoge Financial Services, LLC | 1,066 | $320.3K | 0.18% | +3+0.3% | Added |
| Seascape Capital Management | 1,069 | $321.0K | 0.09% | −1,308−55.0% | Reduced |
| Cercano Management LLC | 1,069 | $321.1K | 0.01% | 00.0% | Unchanged |