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 |
|---|---|---|---|---|---|
| Sterling Capital Management LLC | 1,353 | $406.5K | 0.01% | +2+0.1% | Added |
| Farmers & Merchants Trust Co of Chambersburg PA | 1,350 | $406.0K | 0.11% | 00.0% | Unchanged |
| South Street Advisors LLC | 1,350 | $405.6K | 0.05% | 00.0% | Unchanged |
| Fagan Associates, Inc. | 1,350 | $405.6K | 0.06% | 00.0% | Unchanged |
| Foster Group, Inc. | 1,348 | $404.8K | 0.01% | +4+0.3% | Added |
| Hardin Capital Partners, LLC | 1,345 | $404.1K | 0.22% | −27−2.0% | Reduced |
| Atom Investors LP | 1,343 | $403.5K | 0.03% | 00.0% | Unchanged |
| Capital Advisors Inc | 1,326 | $398.3K | 0.01% | −7−0.5% | Reduced |
| Stokes Family Office, LLC | 1,312 | $394.1K | 0.04% | +183+16.2% | Added |
| Csenge Advisory Group | 1,310 | $393.5K | 0.02% | +157+13.6% | Added |
| Baldwin Brothers Inc | 1,302 | $391.1K | 0.03% | −26−2.0% | Reduced |
| Lyell Wealth Management, LP | 1,300 | $390.5K | 0.03% | 00.0% | Unchanged |
| Raleigh Capital Management Inc. | 1,294 | $388.8K | 0.15% | −101−7.2% | Reduced |
| Terry L. Blaker | 1,293 | $388.4K | 0.01% | 00.0% | Unchanged |
| Groupe la Francaise | 1,289 | $387.2K | 0.01% | −241−15.8% | Reduced |
| Campion Asset Management LLC | 1,287 | $386.6K | 0.27% | −25−1.9% | Reduced |
| WealthPLAN Partners, LLC | 1,287 | $386.6K | 0.06% | 00.0% | Unchanged |
| Bill Few Associates, Inc. | 1,281 | $384.8K | 0.10% | −52−3.9% | Reduced |
| Silverberg Bernstein Capital Management LLC | 1,280 | $384.5K | 0.23% | +1,280 | New |
| Canandaigua National Trust Co of Florida | 1,275 | $383.0K | 0.30% | −160−11.1% | Reduced |
| Cobblestone Capital Advisors LLC | 1,274 | $382.7K | 0.02% | +24+1.9% | Added |
| O'Brien Greene & Co. Inc | 1,270 | $381.5K | 0.12% | −31−2.4% | Reduced |
| Tennessee Valley Asset Management Partners | 1,262 | $379.2K | 0.05% | +1,262 | New |
| Jag Capital Management, LLC | 1,260 | $378.4K | 0.04% | 00.0% | Unchanged |
| Shepherd Financial Partners LLC | 1,259 | $378.3K | 0.04% | −2−0.2% | Reduced |
| Cary Street Partner Investment Advisory LLC | 1,259 | $378.2K | 0.16% | +21+1.7% | Added |
| Oak Thistle LLC | 1,259 | $378.2K | 0.06% | +1,259 | New |
| Ellis Investment Partners, LLC | 1,256 | $377.6K | 0.07% | −10−0.8% | Reduced |
| Bank of Hawaii | 1,250 | $375.5K | 0.02% | 00.0% | Unchanged |
| Strategic Blueprint, LLC | 1,244 | $373.8K | 0.02% | +88+7.6% | Added |
| Diversified Enterprises, LLC | 1,243 | $373.4K | 0.03% | +14+1.1% | Added |
| SPC Financial, Inc. | 1,243 | $373.4K | 0.03% | −223−15.2% | Reduced |
| Retirement Planning Group | 1,241 | $372.8K | 0.01% | +1,241 | New |
| Aspire Private Capital, LLC | 1,240 | $372.6K | 0.08% | −254−17.0% | Reduced |
| Armstrong Advisory Group, Inc | 1,238 | $371.9K | 0.03% | 00.0% | Unchanged |
| Janney Capital Management LLC | 1,235 | $371.0K | 0.02% | 00.0% | Unchanged |
| Schwarz Dygos Wheeler Investment Advisors LLC | 1,234 | $370.8K | 0.08% | −27−2.1% | Reduced |
| First Fiduciary Investment Counsel, Inc. | 1,230 | $370.0K | 0.07% | 00.0% | Unchanged |
| Bragg Financial Advisors, Inc | 1,229 | $369.2K | 0.01% | −6−0.5% | Reduced |
| Sky-Mountain Capital Management, Inc. | 1,278 | $368.9K | 0.26% | 00.0% | Unchanged |
| Vance Wealth, Inc. | 1,226 | $368.3K | 0.11% | −13−1.0% | Reduced |
| Shelton Capital Management | 1,221 | $366.8K | 0.01% | −31−2.5% | Reduced |
| Jackson, Grant Investment Advisers, Inc. | 1,221 | $366.8K | 0.12% | 00.0% | Unchanged |
| Barnes Dennig Private Wealth Management LLC | 1,213 | $364.4K | 0.39% | 00.0% | Unchanged |
| Obermeyer Wood Investment Counsel, LLLP | 1,212 | $364.1K | 0.02% | 00.0% | Unchanged |
| Fiduciary Alliance LLC | 1,210 | $363.5K | 0.02% | +17+1.4% | Added |
| Childress Capital Advisors, LLC | 1,210 | $363.5K | 0.07% | +81+7.2% | Added |
| Quantum Private Wealth, LLC | 1,206 | $362.2K | 0.11% | 00.0% | Unchanged |
| Summit Wealth Group, LLC | 1,203 | $361.4K | 0.09% | +1,203 | New |
| Arlington Trust Co LLC | 1,200 | $360.5K | 0.06% | 00.0% | Unchanged |
| Westfuller Advisors, LLC | 1,200 | $360.4K | 0.16% | +137+12.9% | Added |
| Boston Private Wealth LLC | 1,196 | $359.3K | 0.02% | −80−6.3% | Reduced |
| Moody Lynn & Lieberson, LLC | 1,196 | $359.3K | 0.02% | +135+12.7% | Added |
| Objectivity Squared, LLC | 1,193 | $358.5K | 0.21% | +5+0.4% | Added |
| Empirical Financial Services, LLC d.b.a. Empirical Wealth Management | 1,186 | $356.3K | 0.01% | +284+31.5% | Added |
| MONECO Advisors, LLC | 1,185 | $355.9K | 0.03% | −387−24.6% | Reduced |
| Arrow Financial Corp | 1,182 | $355.1K | 0.04% | +1,182 | New |
| Trustmark National Bank Trust Department | 1,181 | $354.8K | 0.02% | −13−1.1% | Reduced |
| Main Street Research LLC | 1,181 | $354.8K | 0.02% | 00.0% | Unchanged |
| Platform Technology Partners | 1,176 | $353.4K | 0.08% | 00.0% | Unchanged |
| Austin Private Wealth, LLC | 1,171 | $351.8K | 0.03% | +76+6.9% | Added |
| Courier Capital LLC | 1,170 | $351.5K | 0.02% | −319−21.4% | Reduced |
| McLean Asset Management Corp | 1,169 | $350.3K | 0.07% | −23−1.9% | Reduced |
| Cozad Asset Management Inc | 1,165 | $350.0K | 0.03% | −200−14.7% | Reduced |
| Holderness Investments Co | 1,165 | $350.0K | 0.07% | 00.0% | Unchanged |
| Ameritas Advisory Services, LLC | 1,162 | $349.2K | 0.02% | −216−15.7% | Reduced |
| Robertson Stephens Wealth Management, LLC | 1,161 | $348.8K | 0.01% | −41−3.4% | Reduced |
| Beaumont Financial Advisors, LLC | 1,159 | $348.3K | 0.02% | −2−0.2% | Reduced |
| StoneX Group Inc. | 1,156 | $347.2K | 0.02% | −73−5.9% | Reduced |
| Old North State Trust, LLC | 1,151 | $346.0K | 0.21% | 00.0% | Unchanged |
| Monetary Management Group Inc | 1,150 | $345.5K | 0.08% | 00.0% | Unchanged |
| Summit Wealth & Retirement Planning, Inc. | 1,142 | $343.1K | 0.08% | 00.0% | Unchanged |
| Private Management Group Inc | 1,141 | $342.8K | 0.01% | 00.0% | Unchanged |
| Capital Counsel LLC | 1,140 | $342.5K | 0.01% | −75−6.2% | Reduced |
| Optimize Financial Inc | 1,137 | $341.6K | 0.18% | +1,137 | New |
| Integrated Wealth Concepts LLC | 1,135 | $341.1K | 0.00% | −61−5.1% | Reduced |
| Barnes Pettey Financial Advisors, LLC | 1,135 | $341.0K | 0.19% | +200+21.4% | Added |
| KPP Advisory Services LLC | 1,134 | $340.7K | 0.05% | −23−2.0% | Reduced |
| Garrett Wealth Advisory Group, LLC | 1,123 | $337.2K | 0.07% | +1+0.1% | Added |
| Kingswood Wealth Advisors, LLC | 1,122 | $337.1K | 0.02% | +101+9.9% | Added |
| McKinley Carter Wealth Services, Inc. | 1,121 | $336.9K | 0.02% | 00.0% | Unchanged |
| Bienville Capital Management, LLC | 1,120 | $336.5K | 0.06% | 00.0% | Unchanged |
| Sanders Morris Harris LLC | 1,111 | $333.8K | 0.04% | 00.0% | Unchanged |
| Elmwood Wealth Management, Inc. | 1,110 | $333.5K | 0.12% | +40+3.7% | Added |
| Massmutual Trust Co FSB | 1,109 | $333.2K | 0.01% | −1,382−55.5% | Reduced |
| Avestar Capital, LLC | 1,109 | $333.2K | 0.02% | +1,109 | New |
| Tradition Wealth Management, LLC | 1,101 | $330.7K | 0.02% | +3+0.3% | Added |
| Baker Ellis Asset Management LLC | 1,100 | $330.5K | 0.04% | 00.0% | Unchanged |
| Dixon Fnancial Services, Inc. | 1,100 | $330.5K | 0.15% | 00.0% | Unchanged |
| Catalyst Funds Management Pty Ltd | 1,100 | $330.5K | 0.05% | +1,100 | New |
| Cullen Investment Group, Ltd. | 1,099 | $329.9K | 0.04% | 00.0% | Unchanged |
| TownSquare Capital, LLC | 1,092 | $328.0K | 0.05% | −644−37.1% | Reduced |
| Asset Dedication, LLC | 1,092 | $328.0K | 0.02% | −89−7.5% | Reduced |
| Pinnacle Wealth Planning Services, Inc. | 1,092 | $328.0K | 0.04% | −3−0.3% | Reduced |
| PDS Planning, Inc | 1,092 | $328.0K | 0.02% | +1+0.1% | Added |
| NBC Securities, Inc. | 1,084 | $325.8K | 0.03% | −174−13.8% | Reduced |
| Fulton Breakefield Broenniman LLC | 1,082 | $325.1K | 0.02% | 00.0% | Unchanged |
| Douglas Lane & Associates, LLC | 1,082 | $325.0K | 0.00% | −80−6.9% | Reduced |
| Compton Wealth Advisory Group, LLC | 1,073 | $322.3K | 0.07% | 00.0% | Unchanged |
| Pointe Capital Management LLC | 1,071 | $321.7K | 0.16% | 00.0% | Unchanged |