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 |
|---|---|---|---|---|---|
| Badgley Phelps Wealth Managers, LLC | 725 | $217.8K | 0.00% | +725 | New |
| Hall Laurie J Trustee | 725 | $217.8K | 0.07% | +725 | New |
| Master's Wealth Management Inc. | 725 | $217.7K | 0.09% | +725 | New |
| Western Wealth Management, LLC | 721 | $216.5K | 0.01% | +721 | New |
| Maple Capital Management, Inc. | 719 | $216.0K | 0.01% | +719 | New |
| Alpha Financial Partners, LLC | 712 | $213.9K | 0.14% | +712 | New |
| Finward Bancorp | 711 | $213.6K | 0.16% | +711 | New |
| Samalin Investment Counsel, LLC | 709 | $213.1K | 0.07% | +709 | New |
| Alaethes Wealth LLC | 708 | $212.7K | 0.06% | +708 | New |
| Chesley Taft & Associates LLC | 706 | $212.1K | 0.01% | +706 | New |
| Oceanside Advisors LLC | 704 | $211.5K | 0.13% | +704 | New |
| First Foundation Advisors | 704 | $211.5K | 0.01% | +704 | New |
| Haven Capital Group, Inc. | 701 | $211.0K | 0.19% | +701 | New |
| Cypress Asset Management Inc | 700 | $210.3K | 0.05% | −500−41.7% | Reduced |
| WealthTrust Axiom LLC | 700 | $210.3K | 0.06% | +700 | New |
| Murphy, Middleton, Hinkle & Parker, Inc. | 700 | $210.3K | 0.10% | +700 | New |
| Cowa, LLC | 700 | $210.3K | 0.07% | +700 | New |
| Frisch Financial Group, Inc. | 698 | $209.7K | 0.05% | +698 | New |
| FC Advisory LLC | 698 | $209.6K | 0.06% | +698 | New |
| Horst & Graben Wealth Management LLC | 698 | $209.6K | 0.03% | +698 | New |
| Waterloo Capital, L.P. | 697 | $209.3K | 0.02% | +697 | New |
| Cromwell Holdings LLC | 696 | $209.1K | 0.11% | 00.0% | Unchanged |
| Sunflower Bank, N.A. | 696 | $209.1K | 0.05% | +696 | New |
| Fee-Only Financial Planning, L.C. | 695 | $208.8K | 0.12% | +695 | New |
| Hemington Wealth Management | 690 | $207.0K | 0.03% | +305+79.2% | Added |
| Fusion Capital, LLC | 730 | $206.9K | 0.06% | +730 | New |
| Conrad Siegel Investment Advisors, Inc. | 688 | $206.7K | 0.04% | +688 | New |
| Ignite Planners, LLC | 685 | $205.8K | 0.03% | −44−6.0% | Reduced |
| Novak & Powell Financial Services, Inc. | 685 | $205.7K | 0.11% | +685 | New |
| Aprio Wealth Management, LLC | 682 | $205.0K | 0.02% | +682 | New |
| Gen-Wealth Partners Inc | 682 | $204.9K | 0.07% | −51−7.0% | Reduced |
| AdvisorNet Financial, Inc | 681 | $204.6K | 0.01% | 00.0% | Unchanged |
| Kooman & Associates | 681 | $204.6K | 0.06% | +681 | New |
| JGP Wealth Management, LLC | 682 | $203.4K | 0.02% | +682 | New |
| Aurdan Capital Management, LLC | 677 | $203.4K | 0.06% | +677 | New |
| Rowland & Co Investment Counsel | 676 | $203.1K | 0.04% | 00.0% | Unchanged |
| Crewe Advisors LLC | 675 | $202.8K | 0.02% | 00.0% | Unchanged |
| Foster & Motley Inc | 674 | $202.0K | 0.01% | +674 | New |
| Thrive Wealth Management, LLC | 672 | $201.9K | 0.03% | +672 | New |
| Gibson Capital, LLC | 671 | $201.7K | 0.04% | +671 | New |
| Resonant Capital Advisors, LLC | 671 | $201.6K | 0.01% | +671 | New |
| Fielder Capital Group LLC | 671 | $201.5K | 0.05% | +671 | New |
| Cypress Wealth Services, LLC | 670 | $201.3K | 0.03% | +670 | New |
| Dividend Assets Capital, LLC | 667 | $200.4K | 0.04% | +667 | New |
| Pin Oak Investment Advisors Inc | 657 | $197.4K | 0.14% | 00.0% | Unchanged |
| Avalon Trust Co | 656 | $197.1K | 0.01% | 00.0% | Unchanged |
| Mark Sheptoff Financial Planning, LLC | 650 | $195.3K | 0.09% | 00.0% | Unchanged |
| ESL Trust Services, LLC | 638 | $191.7K | 0.04% | +44+7.4% | Added |
| Hopwood Financial Services, Inc. | 621 | $186.7K | 0.12% | 00.0% | Unchanged |
| Onefund, LLC | 612 | $183.9K | 0.12% | +20+3.4% | Added |
| Trifecta Capital Advisors, LLC | 610 | $183.3K | 0.03% | −75−10.9% | Reduced |
| Proffitt & Goodson Inc | 605 | $181.7K | 0.03% | +1+0.2% | Added |
| Wall Street Access Asset Management, LLC | 583 | $175.1K | 0.04% | +583 | New |
| Osterweis Capital Management Inc | 582 | $174.8K | 0.01% | 00.0% | Unchanged |
| West Branch Capital LLC | 571 | $171.5K | 0.04% | 00.0% | Unchanged |
| Curat Global, LLC | 555 | $166.0K | 0.16% | −455−45.0% | Reduced |
| Centennial Bank | 551 | $165.5K | 0.07% | −5,425−90.8% | Reduced |
| AlphaCore Capital LLC | 543 | $163.1K | 0.01% | −74−12.0% | Reduced |
| Sentry Investment Management LLC | 549 | $163.0K | 0.11% | −143−20.7% | Reduced |
| Rosenberg Matthew Hamilton | 542 | $162.8K | 0.04% | 00.0% | Unchanged |
| Inlight Wealth Management, LLC | 541 | $162.5K | 0.08% | 00.0% | Unchanged |
| SIMA Wealth Partners, LLC | 540 | $162.2K | 0.12% | −140−20.6% | Reduced |
| Sound Income Strategies, LLC | 545 | $160.7K | 0.01% | +102+23.0% | Added |
| Optiver Holding B.V. | 532 | $159.8K | 0.00% | +532 | New |
| SBI Securities Co., Ltd. | 524 | $157.4K | 0.00% | −4−0.8% | Reduced |
| TruNorth Capital Management, LLC | 517 | $155.3K | 0.03% | 00.0% | Unchanged |
| Crews Bank & Trust | 507 | $152.3K | 0.02% | 00.0% | Unchanged |
| Washington Trust Advisors, Inc. | 500 | $150.2K | 0.01% | 00.0% | Unchanged |
| Coastline Trust Co | 500 | $150.2K | 0.02% | +500 | New |
| Albion Financial Group | 495 | $148.7K | 0.01% | 00.0% | Unchanged |
| Duncker Streett & Co Inc | 495 | $148.7K | 0.03% | 00.0% | Unchanged |
| Horizon Financial Services, LLC | 493 | $148.1K | 0.07% | +493 | New |
| First United Bank Trust | 485 | $145.7K | 0.05% | 00.0% | Unchanged |
| Clean Yield Group | 474 | $142.4K | 0.04% | 00.0% | Unchanged |
| Sawyer & Company, Inc | 545 | $140.0K | 0.05% | +415+319.2% | Added |
| AllSquare Wealth Management LLC | 465 | $139.7K | 0.07% | 00.0% | Unchanged |
| Hollencrest Capital Management | 450 | $135.2K | 0.00% | 00.0% | Unchanged |
| Capital Analysts, LLC | 446 | $134.0K | 0.00% | 00.0% | Unchanged |
| Joseph Group Capital Management | 440 | $132.2K | 0.04% | +440 | New |
| Glass Jacobson Investment Advisors llc | 430 | $129.2K | 0.05% | 00.0% | Unchanged |
| Grove Bank & Trust | 430 | $129.2K | 0.02% | 00.0% | Unchanged |
| Zions Bancorporation, National Association | 429 | $128.9K | 0.01% | +30+7.5% | Added |
| Center for Financial Planning, Inc. | 412 | $123.8K | 0.01% | 00.0% | Unchanged |
| TCTC Holdings, LLC | 407 | $122.3K | 0.00% | 00.0% | Unchanged |
| Holos Integrated Wealth LLC | 420 | $121.1K | 0.07% | 00.0% | Unchanged |
| Deseret Mutual Benefit Administrators | 403 | $121.1K | 0.05% | −23−5.4% | Reduced |
| Painted Porch Advisors LLC | 400 | $120.2K | 0.05% | −100−20.0% | Reduced |
| First Financial Corp | 400 | $120.2K | 0.05% | 00.0% | Unchanged |
| Centaurus Financial, Inc. | 400 | $120.0K | 0.01% | −174−30.3% | Reduced |
| FSA Wealth Management LLC | 397 | $119.3K | 0.04% | +19+5.0% | Added |
| Perkins Coie Trust Co | 395 | $118.7K | 0.02% | 00.0% | Unchanged |
| Cascades Capital Asset Management, LLC | 394 | $118.5K | 0.05% | 00.0% | Unchanged |
| Stone House Investment Management, LLC | 392 | $117.6K | 0.02% | +2+0.5% | Added |
| Clear Street Markets LLC | 387 | $116.3K | 0.04% | +235+154.6% | Added |
| Kathleen S. Wright Associates Inc. | 377 | $113.2K | 0.04% | −248−39.7% | Reduced |
| Quent Capital, LLC | 370 | $111.2K | 0.01% | +370 | New |
| Motco | 365 | $109.7K | 0.01% | −11−2.9% | Reduced |
| Horrell Capital Management, Inc. | 362 | $108.7K | 0.05% | 00.0% | Unchanged |
| First Command Advisory Services, Inc. | 361 | $108.4K | 0.00% | −367−50.4% | Reduced |
| Piscataqua Savings Bank | 355 | $106.6K | 0.08% | −70−16.5% | Reduced |