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 |
|---|---|---|---|---|---|
| Advisor OS, LLC | 1,687 | $507.0K | 0.04% | +86+5.4% | Added |
| Mach-1 Financial Group, Inc. | 1,686 | $506.5K | 0.08% | +1,686 | New |
| Integrity Advisory Solutions, LLC | 1,686 | $506.5K | 0.08% | +1,686 | New |
| Spinnaker Trust | 1,685 | $506.2K | 0.03% | 00.0% | Unchanged |
| Laurel Wealth Advisors LLC | 1,675 | $503.2K | 0.07% | 00.0% | Unchanged |
| Graves-Light Private Wealth Management, Inc. | 1,673 | $502.6K | 0.06% | −33−1.9% | Reduced |
| Arete Wealth Advisors, LLC | 1,672 | $502.0K | 0.03% | +173+11.5% | Added |
| Calamos Wealth Management LLC | 1,669 | $501.4K | 0.02% | −1,822−52.2% | Reduced |
| W Advisors, LLC | 1,669 | $501.3K | 0.26% | −9−0.5% | Reduced |
| Advisors Capital Management, LLC | 1,663 | $499.6K | 0.01% | +28+1.7% | Added |
| Inspirion Wealth Advisors, LLC | 2,008 | $499.0K | 0.07% | +37+1.9% | Added |
| OneAscent Financial Services LLC | 1,654 | $496.8K | 0.03% | −1,242−42.9% | Reduced |
| OLIO Financial Planning | 1,646 | $494.6K | 0.15% | +676+69.7% | Added |
| Skopos Labs, Inc. | 1,932 | $494.0K | 0.07% | −110−5.4% | Reduced |
| Plancorp, LLC | 1,642 | $493.3K | 0.02% | +12+0.7% | Added |
| Nalls Sherbakoff Group, LLC | 1,640 | $492.8K | 0.33% | −21−1.3% | Reduced |
| Princeton Global Asset Management LLC | 1,640 | $492.7K | 0.08% | 00.0% | Unchanged |
| Capital Planning Advisors, LLC | 1,634 | $490.9K | 0.07% | +1+0.1% | Added |
| First City Capital Management, Inc. | 1,630 | $489.7K | 0.26% | 00.0% | Unchanged |
| Bowen Hanes & Co Inc | 1,625 | $488.2K | 0.01% | 00.0% | Unchanged |
| Rexford Capital Inc | 1,624 | $487.9K | 0.38% | 00.0% | Unchanged |
| Moment Partners, LLC | 1,615 | $485.2K | 0.09% | +22+1.4% | Added |
| Sunpointe, LLC | 1,613 | $484.6K | 0.17% | +3+0.2% | Added |
| CMG Global Holdings, LLC | 1,672 | $484.4K | 0.24% | 00.0% | Unchanged |
| Parsons Capital Management Inc | 1,610 | $483.7K | 0.03% | −166−9.3% | Reduced |
| Aaron Wealth Advisors | 1,599 | $480.4K | 0.03% | +509+46.7% | Added |
| Legacy Financial Advisors, Inc. | 1,595 | $479.2K | 0.07% | −175−9.9% | Reduced |
| David J Yvars Group | 1,590 | $477.7K | 0.26% | 00.0% | Unchanged |
| B&L Asset Management LLC | 1,590 | $477.7K | 0.24% | 00.0% | Unchanged |
| Clark Capital Management Group, Inc. | 1,589 | $477.4K | 0.00% | −742−31.8% | Reduced |
| Allen Investment Management LLC | 1,589 | $477.4K | 0.01% | 00.0% | Unchanged |
| Hartford Financial Management Inc. | 1,587 | $476.8K | 0.13% | 00.0% | Unchanged |
| BCK Partners, Inc. | 1,575 | $473.1K | 0.25% | −15−0.9% | Reduced |
| TD Private Client Wealth LLC | 1,557 | $467.7K | 0.01% | −2,551−62.1% | Reduced |
| KCM Investment Advisors LLC | 1,555 | $467.0K | 0.02% | +66+4.4% | Added |
| Shufro Rose & Co LLC | 1,960 | $464.2K | 0.04% | 00.0% | Unchanged |
| XTX Topco Ltd | 1,539 | $462.3K | 0.02% | −11,232−87.9% | Reduced |
| Birch Hill Investment Advisors LLC | 1,537 | $461.7K | 0.02% | 00.0% | Unchanged |
| CWA Asset Management Group, LLC | 1,536 | $461.5K | 0.02% | +30+2.0% | Added |
| Oliver Luxxe Assets LLC | 1,536 | $461.4K | 0.07% | 00.0% | Unchanged |
| Howard Capital Management Group, LLC | 1,536 | $461.4K | 0.03% | 00.0% | Unchanged |
| Security National Bank of So Dak | 1,533 | $460.5K | 0.23% | 00.0% | Unchanged |
| EverSource Wealth Advisors, LLC | 1,519 | $456.4K | 0.02% | −31−2.0% | Reduced |
| D'Orazio & Associates, Inc. | 1,518 | $455.9K | 0.06% | 00.0% | Unchanged |
| Diversify Advisory Services, LLC | 1,603 | $452.2K | 0.02% | +7+0.4% | Added |
| Opal Wealth Advisors, LLC | 1,504 | $451.8K | 0.13% | 00.0% | Unchanged |
| Gries Financial LLC | 1,503 | $451.5K | 0.07% | +237+18.7% | Added |
| Medallion Wealth Advisors, LLC | 1,500 | $450.6K | 0.16% | 00.0% | Unchanged |
| Hudson Valley Investment Advisors Inc | 1,500 | $450.6K | 0.05% | 00.0% | Unchanged |
| Blue Edge Capital, LLC | 1,500 | $450.6K | 0.06% | 00.0% | Unchanged |
| Fire Capital Management LLC | 1,500 | $450.6K | 0.26% | 00.0% | Unchanged |
| Flagship Wealth Advisors, LLC | 1,500 | $450.6K | 0.15% | +450+42.9% | Added |
| Chung Wu Investment Group, LLC | 1,500 | $450.6K | 0.38% | +1,300+650.0% | Added |
| Regatta Capital Group, LLC | 1,492 | $448.2K | 0.07% | −11−0.7% | Reduced |
| Bank of New Hampshire | 1,490 | $447.6K | 0.10% | 00.0% | Unchanged |
| Everett Harris & Co | 1,476 | $443.4K | 0.01% | 00.0% | Unchanged |
| American State Bank (Iowa) | 1,475 | $443.1K | 0.23% | 00.0% | Unchanged |
| Chicago Capital, LLC | 1,471 | $441.9K | 0.01% | 00.0% | Unchanged |
| Commonwealth Retirement Investments LLC | 1,470 | $441.6K | 0.15% | −187−11.3% | Reduced |
| Horizon Bancorp Inc | 1,469 | $441.0K | 0.21% | +520+54.8% | Added |
| Gables Capital Management Inc. | 1,466 | $440.4K | 0.19% | 00.0% | Unchanged |
| Stony Point Wealth Management Inc. | 1,466 | $440.3K | 0.18% | −2−0.1% | Reduced |
| Bell Bank | 1,465 | $440.1K | 0.02% | 00.0% | Unchanged |
| LexAurum Advisors, LLC | 1,448 | $435.0K | 0.06% | −5−0.3% | Reduced |
| Pavion Blue Capital, LLC | 1,444 | $433.8K | 0.18% | 00.0% | Unchanged |
| Rockland Trust Co | 1,439 | $432.3K | 0.02% | −68−4.5% | Reduced |
| Birch Financial Group, LLC | 1,435 | $431.2K | 0.25% | −56−3.8% | Reduced |
| Cheviot Value Management, LLC | 1,535 | $430.4K | 0.05% | 00.0% | Unchanged |
| Hall Capital Management Co Inc | 1,426 | $428.4K | 0.17% | 00.0% | Unchanged |
| Financial Advisory Service, Inc. | 1,422 | $427.3K | 0.03% | +2+0.1% | Added |
| Pioneer Wealth Management Group | 1,421 | $426.9K | 0.14% | −82−5.5% | Reduced |
| Fulcrum Asset Management LLP | 1,420 | $426.6K | 0.12% | −100−6.6% | Reduced |
| Southeast Asset Advisors Inc. | 1,420 | $426.5K | 0.05% | +2+0.1% | Added |
| Pinnacle Wealth Management Advisory Group, LLC | 1,416 | $425.4K | 0.03% | +8+0.6% | Added |
| Nixon Peabody Trust Co | 1,416 | $425.4K | 0.03% | +41+3.0% | Added |
| Indiana Trust & Investment Management CO | 1,412 | $424.2K | 0.13% | 00.0% | Unchanged |
| Kera Capital Partners, Inc. | 1,405 | $422.1K | 0.06% | +1,405 | New |
| Hazlett, Burt & Watson, Inc. | 1,406 | $422.0K | 0.15% | 00.0% | Unchanged |
| Sivia Capital Partners, LLC | 1,399 | $420.3K | 0.12% | +121+9.5% | Added |
| Citizens Business Bank | 1,395 | $419.1K | 0.07% | +1,395 | New |
| Davis Investment Partners, LLC | 1,401 | $418.6K | 0.14% | −4−0.3% | Reduced |
| Advyzon Investment Management, LLC | 1,391 | $417.8K | 0.07% | +1,391 | New |
| Buckingham Strategic Partners | 1,411 | $417.4K | 0.00% | −694−33.0% | Reduced |
| Empower Advisory Group, LLC | 1,389 | $417.3K | 0.00% | +160+13.0% | Added |
| Steigerwald, Gordon & Koch Inc. | 1,387 | $416.8K | 0.04% | 00.0% | Unchanged |
| One Charles Private Wealth Services, LLC | 1,386 | $416.4K | 0.11% | −12−0.9% | Reduced |
| Cannon Wealth Management Services, LLC | 1,386 | $416.4K | 0.32% | −133−8.8% | Reduced |
| Walker Asset Management, LLC | 1,384 | $415.9K | 0.23% | +2+0.1% | Added |
| Beacon Investment Advisory Services, Inc. | 1,379 | $414.3K | 0.02% | 00.0% | Unchanged |
| Doliver Advisors, LP | 1,379 | $414.3K | 0.11% | 00.0% | Unchanged |
| Dudley Capital Management, LLC | 1,377 | $413.7K | 0.19% | −100−6.8% | Reduced |
| Pine Haven Investment Counsel, Inc | 1,376 | $413.5K | 0.30% | 00.0% | Unchanged |
| Greatmark Investment Partners, Inc. | 1,375 | $413.1K | 0.05% | 00.0% | Unchanged |
| Spire Wealth Management | 1,371 | $411.9K | 0.01% | −93−6.4% | Reduced |
| Guardian Investment Management | 1,361 | $408.9K | 0.36% | +1,361 | New |
| PFG Investments, LLC | 1,359 | $408.3K | 0.02% | −498−26.8% | Reduced |
| Slagle Financial, LLC | 1,359 | $408.3K | 0.15% | 00.0% | Unchanged |
| Schwartz Investment Counsel Inc | 1,359 | $408.3K | 0.01% | 00.0% | Unchanged |
| Founders Capital Management, LLC | 1,355 | $407.1K | 0.06% | −347−20.4% | Reduced |
| Woodard & Co Asset Management Group Inc | 1,354 | $406.8K | 0.07% | 00.0% | Unchanged |