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 |
|---|---|---|---|---|---|
| State of Michigan Retirement System | 60,690 | $18.2M | 0.09% | −600−1.0% | Reduced |
| SummitTX Capital, L.P. | 60,072 | $18.0M | 0.75% | +20,939+53.5% | Added |
| Yaupon Capital Management LP | 60,044 | $18.0M | 0.93% | −20,807−25.7% | Reduced |
| Skylands Capital, LLC | 59,680 | $17.9M | 2.48% | +2,245+3.9% | Added |
| Point72 Asia (Singapore) Pte. Ltd. | 59,273 | $17.8M | 2.76% | +57,505+3,252.5% | Added |
| Grantham, Mayo, Van Otterloo & Co. LLC | 59,034 | $17.7M | 0.05% | +54,133+1,104.5% | Added |
| Kovitz Investment Group Partners, LLC | 58,864 | $17.7M | 0.07% | +2,778+5.0% | Added |
| Susquehanna International Group, LLP | 58,327 | $17.5M | 0.03% | −58,819−50.2% | Reduced |
| Rokos Capital Management LLP | 57,668 | $17.3M | 0.22% | +57,668 | New |
| SCS Capital Management LLC | 57,089 | $17.2M | 0.19% | +15,295+36.6% | Added |
| Czech National Bank | 56,982 | $17.1M | 0.12% | +1,876+3.4% | Added |
| Kimelman & Baird, LLC | 56,880 | $17.1M | 1.33% | 00.0% | Unchanged |
| Tenere Capital LLC | 56,398 | $16.9M | 4.00% | +638+1.1% | Added |
| Fjarde Ap-Fonden /Fourth Swedish National Pension Fund | 55,912 | $16.8M | 0.14% | −100−0.2% | Reduced |
| IFM Investors Pty Ltd | 56,277 | $16.7M | 0.15% | +369+0.7% | Added |
| MetLife Investment Management | 55,691 | $16.7M | 0.08% | −1,759−3.1% | Reduced |
| Rockefeller Capital Management L.P. | 55,640 | $16.7M | 0.03% | +4,297+8.4% | Added |
| Davidson Investment Advisors | 55,224 | $16.6M | 0.70% | −394−0.7% | Reduced |
| Zurcher Kantonalbank (Zurich Cantonalbank) | 54,444 | $16.4M | 0.04% | +3,944+7.8% | Added |
| DnB Asset Management AS | 54,001 | $16.2M | 0.06% | −18,034−25.0% | Reduced |
| STRS Ohio | 53,237 | $16.0M | 0.06% | −8,568−13.9% | Reduced |
| Mercer Global Advisors Inc | 52,178 | $15.7M | 0.03% | +11,137+27.1% | Added |
| Seven Grand Managers, LLC | 51,000 | $15.3M | 1.24% | +51,000 | New |
| Kanawha Capital Management LLC | 50,871 | $15.3M | 1.06% | −1,584−3.0% | Reduced |
| Advisor Group Holdings, Inc. | 52,039 | $15.3M | 0.02% | +2,877+5.9% | Added |
| Skandinaviska Enskilda Banken AB (publ) | 49,965 | $15.0M | 0.06% | +4,533+10.0% | Added |
| Dillon & Associates Inc | 48,292 | $14.5M | 1.86% | −210.0% | Reduced |
| Caxton Associates LLP | 48,000 | $14.4M | 0.40% | +48,000 | New |
| Retirement Systems of Alabama | 47,858 | $14.4M | 0.05% | −518−1.1% | Reduced |
| Versor Investments LP | 47,517 | $14.3M | 2.63% | +47,517 | New |
| Varma Mutual Pension Insurance Co | 47,410 | $14.2M | 0.09% | +3,800+8.7% | Added |
| Forsta Ap-Fonden | 46,200 | $13.9M | 0.08% | +2,000+4.5% | Added |
| Bryn Mawr Trust Co | 45,205 | $13.6M | 0.33% | −6,981−13.4% | Reduced |
| Atlantic Union Bankshares Corp | 45,130 | $13.6M | 0.26% | +19,498+76.1% | Added |
| Sanctuary Advisors, LLC | 44,642 | $13.4M | 0.08% | −4,726−9.6% | Reduced |
| Ingalls & Snyder LLC | 43,871 | $13.2M | 0.43% | −525−1.2% | Reduced |
| Cambridge Investment Research Advisors, Inc. | 43,806 | $13.2M | 0.04% | +3,215+7.9% | Added |
| CIBC Private Wealth Group, LLC | 43,699 | $13.1M | 0.02% | +1,509+3.6% | Added |
| Glenview Trust Co | 43,637 | $13.1M | 0.21% | −1,505−3.3% | Reduced |
| Amalgamated Bank | 43,144 | $13.0M | 0.09% | −917−2.1% | Reduced |
| M. Kraus & Co | 42,695 | $12.8M | 3.58% | −933−2.1% | Reduced |
| Blair William & Co | 42,688 | $12.8M | 0.03% | +689+1.6% | Added |
| Wiley Bros.-Aintree Capital, LLC | 42,543 | $12.8M | 0.08% | −1,039−2.4% | Reduced |
| Prelude Capital Management, LLC | 42,029 | $12.6M | 0.99% | +42,029 | New |
| Janus Henderson Group PLC | 41,916 | $12.6M | 0.01% | +13,725+48.7% | Added |
| Linscomb & Williams, Inc. | 41,878 | $12.6M | 0.54% | +858+2.1% | Added |
| ProShare Advisors LLC | 41,847 | $12.6M | 0.03% | −707−1.7% | Reduced |
| USS Investment Management Ltd | 41,303 | $12.4M | 0.06% | 00.0% | Unchanged |
| BTC Capital Management, Inc. | 40,034 | $12.0M | 0.83% | +1,685+4.4% | Added |
| Glenmede Investment Management, LP | 39,649 | $11.9M | 0.06% | −2,593−6.1% | Reduced |
| O'Shaughnessy Asset Management, LLC | 39,521 | $11.9M | 0.07% | +10,631+36.8% | Added |
| Vestcor Inc | 39,513 | $11.9M | 0.35% | +35,000+775.5% | Added |
| Mediolanum International Funds Ltd | 39,419 | $11.8M | 0.12% | +39,419 | New |
| Neville Rodie & Shaw Inc | 38,708 | $11.6M | 0.84% | −3,511−8.3% | Reduced |
| Kempen Capital Management N.V. | 38,604 | $11.6M | 0.10% | +38,604 | New |
| Kintayl Capital LP | 38,100 | $11.4M | 7.85% | +38,100 | New |
| Cresset Asset Management, LLC | 37,790 | $11.4M | 0.05% | +1,894+5.3% | Added |
| Trajan Wealth LLC | 37,410 | $11.2M | 0.49% | −1,300−3.4% | Reduced |
| Utah Retirement Systems | 37,336 | $11.2M | 0.11% | +49+0.1% | Added |
| Voya Investment Management LLC | 36,817 | $11.1M | 0.01% | −8,337−18.5% | Reduced |
| Moore Capital Management, LP | 36,746 | $11.0M | 0.22% | +21,689+144.0% | Added |
| CIBC Asset Management Inc | 36,696 | $11.0M | 0.03% | −228−0.6% | Reduced |
| MML Investors Services, LLC | 36,554 | $11.0M | 0.03% | −566−1.5% | Reduced |
| Police & Firemen's Retirement System of New Jersey | 36,364 | $10.9M | 0.09% | +2,091+6.1% | Added |
| Commerce Bank | 35,693 | $10.7M | 0.06% | −905−2.5% | Reduced |
| Greenland Capital Management LP | 35,558 | $10.7M | 1.57% | +33,420+1,563.1% | Added |
| Saybrook Capital | 35,555 | $10.7M | 2.79% | −243−0.7% | Reduced |
| Cohen Klingenstein LLC | 35,500 | $10.7M | 0.33% | 00.0% | Unchanged |
| Daiwa Securities Group Inc. | 35,240 | $10.6M | 0.04% | +1,283+3.8% | Added |
| Brinker Capital Investments, LLC | 34,836 | $10.5M | 0.08% | +3,146+9.9% | Added |
| Teacher Retirement System of Texas | 34,793 | $10.5M | 0.04% | −82,002−70.2% | Reduced |
| Ilmarinen Mutual Pension Insurance Co | 34,750 | $10.4M | 0.08% | −1,750−4.8% | Reduced |
| Tufton Capital Management | 34,108 | $10.2M | 1.83% | −184−0.5% | Reduced |
| CIBC World Markets Inc. | 34,062 | $10.2M | 0.02% | −911−2.6% | Reduced |
| Baker Chad R | 33,906 | $10.2M | 1.75% | 00.0% | Unchanged |
| Gabelli & Co Investment Advisers, Inc. | 33,900 | $10.2M | 1.63% | +33,900 | New |
| Walleye Trading LLC | 33,781 | $10.1M | 0.16% | +3,152+10.3% | Added |
| Baker Avenue Asset Management, LP | 33,682 | $10.1M | 0.24% | −689−2.0% | Reduced |
| Ausbil Investment Management Ltd | 33,764 | $10.1M | 5.38% | 00.0% | Unchanged |
| Lafayette Investments, Inc. | 33,470 | $10.1M | 1.93% | −49−0.1% | Reduced |
| Quarry LP | 33,300 | $10.0M | 2.44% | +33,238+53,609.7% | Added |
| Gabelli Funds LLC | 33,100 | $9.94M | 0.07% | +33,100 | New |
| Absolute Gestao de Investimentos Ltda. | 33,000 | $9.91M | 1.31% | +33,000 | New |
| Qube Research & Technologies Ltd | 33,000 | $9.91M | 0.01% | +33,000 | New |
| Boussard & Gavaudan Investment Management LLP | 32,958 | $9.86M | 1.22% | +32,958 | New |
| British Columbia Investment Management Corp | 32,402 | $9.73M | 0.06% | −3,196−9.0% | Reduced |
| Eliot Finkel Investment Counsel, LLC | 32,225 | $9.68M | 5.82% | −285−0.9% | Reduced |
| Xponance, Inc. | 31,679 | $9.52M | 0.08% | −1,403−4.2% | Reduced |
| Earnest Partners LLC | 31,538 | $9.47M | 0.04% | −462−1.4% | Reduced |
| Heritage Investors Management Corp | 31,056 | $9.33M | 0.28% | −8,221−20.9% | Reduced |
| Johnson Investment Counsel Inc | 31,026 | $9.32M | 0.08% | +223+0.7% | Added |
| Sumitomo Mitsui DS Asset Management Company, Ltd | 30,999 | $9.31M | 0.08% | +57+0.2% | Added |
| Trust Co of Toledo NA | 30,739 | $9.23M | 0.93% | +401+1.3% | Added |
| Trust Co of Vermont | 30,719 | $9.23M | 0.40% | −299−1.0% | Reduced |
| Aventail Capital Group, LP | 30,349 | $9.12M | 0.43% | −5,356−15.0% | Reduced |
| Yousif Capital Management, LLC | 30,256 | $9.09M | 0.10% | −1,981−6.1% | Reduced |
| Synovus Financial Corp | 30,103 | $9.04M | 0.10% | +794+2.7% | Added |
| JustInvest LLC | 29,775 | $8.95M | 0.09% | −668−2.2% | Reduced |
| Klingenstein Fields & Co LP | 29,469 | $8.85M | 0.33% | 00.0% | Unchanged |
| Mirae Asset Global Investments Co., Ltd. | 29,228 | $8.78M | 0.03% | +3,722+14.6% | Added |