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 |
|---|---|---|---|---|---|
| Whittier Trust Co | 198,628 | $59.6M | 0.68% | +6,037+3.1% | Added |
| CNH Partners LLC | 196,319 | $58.9M | 1.50% | +196,319 | New |
| SEI Investments Co | 191,891 | $57.6M | 0.06% | +15,578+8.8% | Added |
| LMR Partners LLP | 190,879 | $57.3M | 0.74% | +190,879 | New |
| Sona Asset Management (US) LLC | 189,280 | $56.9M | 2.24% | +189,280 | New |
| Aristotle Atlantic Partners, LLC | 183,923 | $55.3M | 1.60% | −5,729−3.0% | Reduced |
| US Bancorp | 178,887 | $53.7M | 0.06% | −4,017−2.2% | Reduced |
| Korea Investment CORP | 176,932 | $53.2M | 0.11% | +21,696+14.0% | Added |
| Cerity Partners LLC | 175,300 | $52.7M | 0.09% | −2,151−1.2% | Reduced |
| Aviva PLC | 174,936 | $52.6M | 0.10% | +5,745+3.4% | Added |
| Bank of Nova Scotia | 170,917 | $51.3M | 0.09% | +147,963+644.6% | Added |
| Manufacturers Life Insurance Company, The | 168,096 | $50.5M | 0.04% | −30,751−15.5% | Reduced |
| Capital International Investors | 167,888 | $50.4M | 0.01% | +14,938+9.8% | Added |
| Allianz Asset Management GmbH | 165,321 | $49.7M | 0.06% | +63,611+62.5% | Added |
| New York State Teachers Retirement System | 165,147 | $49.6M | 0.10% | −461−0.3% | Reduced |
| Reaves W H & Co Inc | 163,700 | $49.2M | 0.88% | −55,600−25.4% | Reduced |
| Marshall Wace, LLP | 159,731 | $48.0M | 0.05% | −63,743−28.5% | Reduced |
| Berkshire Asset Management LLC | 157,932 | $47.4M | 2.02% | −238−0.2% | Reduced |
| Toronto Dominion Bank | 153,711 | $46.2M | 0.09% | +30,522+24.8% | Added |
| Hudson Bay Capital Management LP | 151,463 | $45.5M | 0.28% | +115,073+316.2% | Added |
| Swedbank AB | 149,900 | $45.0M | 0.05% | +469+0.3% | Added |
| Geneos Wealth Management Inc. | 149,196 | $44.8M | 1.14% | +277+0.2% | Added |
| National Bank of Canada | 144,141 | $43.3M | 0.05% | −214,338−59.8% | Reduced |
| AQR Capital Management LLC | 140,553 | $42.2M | 0.03% | +14,300+11.3% | Added |
| M&T Bank Corp | 139,069 | $41.8M | 0.14% | −4,758−3.3% | Reduced |
| Jefferies Financial Group Inc. | 138,000 | $41.5M | 0.38% | +83,747+154.4% | Added |
| Baird Financial Group, Inc. | 137,007 | $41.2M | 0.07% | −665−0.5% | Reduced |
| Woodline Partners LP | 136,790 | $41.1M | 0.19% | +128,657+1,581.9% | Added |
| Empyrean Capital Partners, LP | 136,500 | $41.0M | 1.65% | +136,500 | New |
| Brandywine Global Investment Management, LLC | 136,434 | $41.0M | 0.28% | −300.0% | Reduced |
| Governors Lane LP | 134,302 | $40.3M | 5.58% | +134,302 | New |
| Natixis | 133,599 | $40.1M | 0.22% | +125,768+1,606.0% | Added |
| Macquarie Group Ltd | 133,551 | $40.1M | 0.05% | +3,776+2.9% | Added |
| Westchester Capital Management, LLC | 130,825 | $39.3M | 2.04% | +130,825 | New |
| Prudential Financial Inc | 128,104 | $38.5M | 0.05% | −5,986−4.5% | Reduced |
| Regions Financial Corp | 127,956 | $38.4M | 0.25% | −2,327−1.8% | Reduced |
| Robeco Institutional Asset Management B.V. | 127,284 | $38.2M | 0.06% | +108,476+576.8% | Added |
| Water Island Capital LLC | 125,799 | $37.8M | 5.41% | +125,799 | New |
| Commonwealth Equity Services, LLC | 124,619 | $37.4M | 0.05% | −1,403−1.1% | Reduced |
| Chevy Chase Trust Holdings, Inc. | 122,042 | $36.7M | 0.10% | −3,873−3.1% | Reduced |
| Stifel Financial Corp | 121,565 | $36.5M | 0.03% | −7,503−5.8% | Reduced |
| Cullen Capital Management LLC | 121,351 | $36.5M | 0.40% | +29,264+31.8% | Added |
| Carnegie Capital Asset Management, LLC | 118,761 | $35.7M | 0.67% | +838+0.7% | Added |
| State of Wisconsin Investment Board | 118,563 | $35.6M | 0.08% | −2,226−1.8% | Reduced |
| Natixis Advisors, L.P. | 118,250 | $35.5M | 0.05% | +667+0.6% | Added |
| Colony Group, LLC | 115,995 | $34.8M | 0.06% | −4,058−3.4% | Reduced |
| Keybank National Association | 115,552 | $34.7M | 0.12% | −5,271−4.4% | Reduced |
| Schonfeld Strategic Advisors LLC | 114,970 | $34.5M | 0.24% | −120,947−51.3% | Reduced |
| Handelsbanken Fonder AB | 114,378 | $34.4M | 0.11% | −4,484−3.8% | Reduced |
| Quantinno Capital Management LP | 113,827 | $34.2M | 0.09% | +47,516+71.7% | Added |
| Fifth Third Bancorp | 107,720 | $32.4M | 0.10% | −624−0.6% | Reduced |
| APG Asset Management N.V. | 125,300 | $32.0M | 0.09% | 00.0% | Unchanged |
| Janney Montgomery Scott LLC | 102,746 | $30.9M | 0.07% | −3,063−2.9% | Reduced |
| ExodusPoint Capital Management, LP | 102,721 | $30.9M | 0.43% | +102,721 | New |
| Treasurer of the State of North Carolina | 101,541 | $30.5M | 0.09% | −3,956−3.7% | Reduced |
| Nisa Investment Advisors, LLC | 101,476 | $30.5M | 0.12% | +5,627+5.9% | Added |
| Pictet Asset Management Holding SA | 100,312 | $30.1M | 0.03% | −60.0% | Reduced |
| Captrust Financial Advisors | 99,881 | $30.0M | 0.06% | −5,232−5.0% | Reduced |
| Royal London Asset Management Ltd | 99,247 | $29.8M | 0.06% | −1,479−1.5% | Reduced |
| Slotnik Capital, LLC | 99,200 | $29.8M | 10.74% | +99,200 | New |
| Birnam Oak Advisors, LP | 96,100 | $28.9M | 7.08% | +96,100 | New |
| Danske Bank A/S | 94,786 | $28.5M | 0.07% | +3,300+3.6% | Added |
| Asset Management One Co.,Ltd. | 94,219 | $28.3M | 0.08% | −344−0.4% | Reduced |
| Universal- Beteiligungs- und Servicegesellschaft mbH | 93,812 | $28.2M | 0.05% | −6,961−6.9% | Reduced |
| State of Tennessee, Treasury Department | 91,531 | $27.5M | 0.09% | −5,528−5.7% | Reduced |
| Public Employees Retirement System of Ohio | 90,213 | $27.1M | 0.09% | −1,899−2.1% | Reduced |
| Waters Parkerson & Co., LLC | 90,137 | $27.1M | 1.32% | −3,465−3.7% | Reduced |
| Cobalt Capital Management, Inc. | 90,000 | $27.0M | 12.43% | +90,000 | New |
| CI Private Wealth, LLC | 87,106 | $26.2M | 0.04% | −2,304−2.6% | Reduced |
| Sand Grove Capital Management LLP | 84,392 | $25.4M | 12.39% | +84,392 | New |
| KLP Kapitalforvaltning AS | 83,213 | $25.0M | 0.10% | +4,100+5.2% | Added |
| TD Asset Management Inc | 83,014 | $24.9M | 0.02% | −1,350−1.6% | Reduced |
| Taylor Financial Group, Inc. | 82,517 | $24.8M | 14.26% | −1,673−2.0% | Reduced |
| Picton Mahoney Asset Management | 80,000 | $24.0M | 0.31% | +80,000 | New |
| Whittier Trust Co of Nevada Inc | 79,854 | $24.0M | 0.51% | +2,152+2.8% | Added |
| DekaBank Deutsche Girozentrale | 79,305 | $23.7M | 0.04% | 00.0% | Unchanged |
| Cetera Investment Advisers | 78,252 | $23.5M | 0.03% | +14,013+21.8% | Added |
| State of New Jersey Common Pension Fund D | 78,224 | $23.5M | 0.09% | +2,046+2.7% | Added |
| Victory Capital Management Inc | 77,249 | $23.2M | 0.01% | −10,381−11.8% | Reduced |
| Sequoia Financial Advisors, LLC | 76,500 | $23.0M | 0.14% | +443+0.6% | Added |
| Nomura Asset Management Co Ltd | 75,058 | $22.5M | 0.06% | −133−0.2% | Reduced |
| Comerica Bank | 73,855 | $22.2M | 0.08% | −7,256−8.9% | Reduced |
| Creative Planning | 73,673 | $22.1M | 0.02% | +2,983+4.2% | Added |
| Lansforsakringar Fondforvaltning AB (publ) | 71,312 | $21.4M | 0.11% | +2,153+3.1% | Added |
| Resona Asset Management Co.,Ltd. | 70,062 | $21.0M | 0.10% | −4,105−5.5% | Reduced |
| Capstone Investment Advisors, LLC | 70,000 | $21.0M | 0.18% | +66,711+2,028.3% | Added |
| Bartlett & Co. Wealth Management LLC | 69,852 | $21.0M | 0.28% | −1,050−1.5% | Reduced |
| NorthCrest Asset Manangement, LLC | 70,001 | $20.7M | 0.49% | −892−1.3% | Reduced |
| Wealth Enhancement Advisory Services, LLC | 69,811 | $20.7M | 0.03% | +1,962+2.9% | Added |
| Harvest Management LLC | 66,400 | $19.9M | 9.80% | +66,400 | New |
| Cinctive Capital Management LP | 66,193 | $19.9M | 0.99% | +63,191+2,105.0% | Added |
| Gotham Asset Management, LLC | 65,880 | $19.8M | 0.09% | +62,073+1,630.5% | Added |
| Arizona State Retirement System | 65,831 | $19.8M | 0.11% | −308−0.5% | Reduced |
| Van Eck Associates Corp | 65,069 | $19.5M | 0.02% | +7,206+12.5% | Added |
| Brown Advisory Inc | 64,426 | $19.4M | 0.03% | −4,036−5.9% | Reduced |
| New York Life Investment Management LLC | 64,135 | $19.3M | 0.17% | +33,493+109.3% | Added |
| Lowe Brockenbrough & Co Inc | 63,103 | $19.0M | 0.98% | +2,222+3.6% | Added |
| Mariner, LLC | 62,953 | $18.9M | 0.02% | −2,758−4.2% | Reduced |
| Healthcare of Ontario Pension Plan Trust Fund | 62,631 | $18.8M | 0.03% | +53,638+596.4% | Added |
| Richard C. Young & CO., LTD. | 62,601 | $18.8M | 1.75% | −1,258−2.0% | Reduced |