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 |
|---|---|---|---|---|---|
| Main Street Financial Solutions, LLC | 1,069 | $321.2K | 0.02% | +1,069 | New |
| Cercano Management LLC | 1,069 | $321.1K | 0.01% | 00.0% | Unchanged |
| Seascape Capital Management | 1,069 | $321.0K | 0.09% | −1,308−55.0% | Reduced |
| Hoge Financial Services, LLC | 1,066 | $320.3K | 0.18% | +3+0.3% | Added |
| Wiser Wealth Management, Inc | 1,064 | $319.6K | 0.07% | −28−2.6% | Reduced |
| Sunburst Financial Group, LLC | 1,063 | $319.3K | 0.07% | 00.0% | Unchanged |
| Premier Path Wealth Partners, LLC | 1,061 | $318.7K | 0.04% | +160+17.8% | Added |
| Independent Solutions Wealth Management, LLC | 1,059 | $318.1K | 0.06% | +164+18.3% | Added |
| Johnson Bixby & Associates, LLC | 1,058 | $317.8K | 0.04% | 00.0% | Unchanged |
| L2 Asset Management, LLC | 1,057 | $317.5K | 0.05% | +52+5.2% | Added |
| First Financial Bankshares Inc | 1,056 | $317.2K | 0.01% | +56+5.6% | Added |
| RFG Advisory, LLC | 1,055 | $317.0K | 0.01% | −58−5.2% | Reduced |
| National Philanthropic Trust | 1,053 | $316.3K | 0.00% | +95+9.9% | Added |
| Tradewinds, LLC. | 1,051 | $315.9K | 0.08% | +1,051 | New |
| Los Angeles Capital Management LLC | 1,051 | $315.7K | 0.00% | −43−3.9% | Reduced |
| Harbor Investment Advisory, LLC | 1,050 | $315.4K | 0.03% | −35−3.2% | Reduced |
| MJP Associates Inc | 1,049 | $315.1K | 0.04% | −81−7.2% | Reduced |
| FourThought Financial Partners, LLC | 1,048 | $314.9K | 0.03% | +2+0.2% | Added |
| Sovereign Financial Group, Inc. | 1,048 | $314.8K | 0.06% | 00.0% | Unchanged |
| Stratos Wealth Advisors, LLC | 1,047 | $314.6K | 0.02% | +34+3.4% | Added |
| Accredited Investors Inc. | 1,043 | $313.4K | 0.02% | 00.0% | Unchanged |
| Willow Creek Wealth Management Inc. | 1,043 | $313.3K | 0.03% | 00.0% | Unchanged |
| BridgePort Financial Solutions, LLC | 1,042 | $313.1K | 0.08% | 00.0% | Unchanged |
| 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 |
| Tritonpoint Wealth, LLC | 1,041 | $312.7K | 0.03% | +35+3.5% | Added |
| Bristol John W & Co Inc | 1,035 | $310.9K | 0.00% | 00.0% | Unchanged |
| Eagle Rock Investment Company, LLC | 1,030 | $309.4K | 0.05% | −7,000−87.2% | Reduced |
| West Family Investments, Inc. | 1,027 | $308.5K | 0.07% | +12+1.2% | Added |
| CWS Financial Advisors, LLC | 1,019 | $306.1K | 0.08% | 00.0% | Unchanged |
| Elwood & Goetz Wealth Advisory Group, LLC | 1,016 | $305.2K | 0.06% | 00.0% | Unchanged |
| QTR Family Wealth, LLC | 1,014 | $304.5K | 0.14% | +11+1.1% | Added |
| TCP Asset Management, LLC | 1,011 | $303.7K | 0.05% | +1,011 | New |
| Quaker Wealth Management, LLC | 1,008 | $302.7K | 0.10% | +1+0.1% | Added |
| Carson Advisory Inc. | 1,007 | $302.6K | 0.16% | −49−4.6% | Reduced |
| Wayfinding Financial, LLC | 1,007 | $302.0K | 0.13% | −15−1.5% | Reduced |
| Peachtree Investment Partners, LLC | 1,004 | $301.5K | 0.10% | +4+0.4% | Added |
| 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 |
| Brandywine Oak Private Wealth LLC | 999 | $300.1K | 0.03% | 00.0% | Unchanged |
| Gladstone Institutional Advisory LLC | 999 | $300.0K | 0.01% | +201+25.2% | Added |
| Tilia Fiduciary Partners, Inc. | 997 | $299.6K | 0.17% | −38−3.7% | Reduced |
| Triangle Securities Wealth Management | 997 | $299.5K | 0.07% | −6−0.6% | Reduced |
| Hanlon Investment Management, Inc. | 996 | $299.2K | 0.18% | +141+16.5% | Added |
| Patton Fund Management, Inc. | 993 | $298.3K | 0.05% | 00.0% | Unchanged |
| Pekin Hardy Strauss, Inc. | 992 | $298.0K | 0.03% | 00.0% | Unchanged |
| Fullcircle Wealth LLC | 1,049 | $297.7K | 0.10% | +3+0.3% | Added |
| Welch & Forbes LLC | 987 | $296.5K | 0.00% | −132−11.8% | Reduced |
| Creekside Partners | 983 | $295.3K | 0.13% | 00.0% | Unchanged |
| Rise Advisors, LLC | 981 | $294.8K | 0.11% | +6+0.6% | Added |
| Trinity Financial Advisors LLC | 980 | $294.4K | 0.09% | −2−0.2% | Reduced |
| Longboard Asset Management, LP | 973 | $292.3K | 0.47% | +973 | New |
| Marotta Asset Management | 975 | $291.1K | 0.05% | 00.0% | Unchanged |
| Ausdal Financial Partners, Inc. | 969 | $291.0K | 0.01% | +969 | New |
| Strategic Investment Advisors | 967 | $290.4K | 0.03% | −15−1.5% | Reduced |
| Impact Capital Partners LLC | 964 | $289.6K | 0.09% | −714−42.6% | Reduced |
| von Borstel & Associates, Inc. | 1,007 | $289.0K | 0.04% | +1,007 | New |
| Aviance Capital Partners, LLC | 962 | $289.0K | 0.03% | 00.0% | Unchanged |
| Maia Wealth LLC | 1,007 | $289.0K | 0.05% | −55−5.2% | Reduced |
| Wealth Alliance | 962 | $288.9K | 0.03% | −262−21.4% | Reduced |
| CRA Financial Services, LLC | 961 | $288.7K | 0.04% | +15+1.6% | Added |
| Davidson Trust Co | 960 | $288.4K | 0.12% | −40−4.0% | Reduced |
| LifeGoal Wealth Advisors | 958 | $287.8K | 0.24% | −89−8.5% | Reduced |
| Root Financial Partners, LLC | 952 | $286.0K | 0.02% | +29+3.1% | Added |
| NTV Asset Management LLC | 951 | $285.7K | 0.03% | +11+1.2% | Added |
| Wealth Preservation Advisors, LLC | 950 | $285.2K | 0.17% | −12−1.2% | Reduced |
| MCF Advisors LLC | 949 | $285.1K | 0.02% | 00.0% | Unchanged |
| Cassaday & Co Wealth Management LLC | 943 | $283.3K | 0.01% | 00.0% | Unchanged |
| Norden Group LLC | 942 | $283.1K | 0.03% | 00.0% | Unchanged |
| Wela Strategies, Inc. | 938 | $281.8K | 0.11% | 00.0% | Unchanged |
| Kathmere Capital Management, LLC | 938 | $281.8K | 0.02% | +145+18.3% | Added |
| Zhang Financial LLC | 934 | $280.6K | 0.01% | −7−0.7% | Reduced |
| Heartwood Wealth Advisors LLC | 933 | $280.3K | 0.03% | +12+1.3% | Added |
| Saxon Interests, Inc. | 994 | $278.3K | 0.11% | +38+4.0% | Added |
| Transcend Wealth Collective, LLC | 926 | $278.2K | 0.02% | −251−21.3% | Reduced |
| 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 |
| American Trust | 923 | $277.3K | 0.02% | +923 | New |
| Royal Capital Wealth Management, LLC | 916 | $275.2K | 0.17% | 00.0% | Unchanged |
| Richwood Investment Advisors, LLC | 913 | $274.3K | 0.21% | +14+1.6% | Added |
| Tred Avon Family Wealth, LLC | 910 | $273.4K | 0.09% | +910 | New |
| Paragon Private Wealth Management, LLC | 908 | $272.9K | 0.09% | +908 | New |
| Pure Financial Advisors, Inc. | 903 | $271.2K | 0.00% | −16−1.7% | Reduced |
| 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 |
| Journey Strategic Wealth LLC | 899 | $269.9K | 0.01% | +51+6.0% | Added |
| Green Harvest Asset Management LLC | 898 | $269.8K | 0.00% | −81−8.3% | 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 |
| First American Trust, FSB | 895 | $268.9K | 0.02% | −8−0.9% | Reduced |
| Planning Directions Inc | 895 | $268.9K | 0.14% | +4+0.4% | Added |
| 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 |