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 |
|---|---|---|---|---|---|
| ING Groep NV | 29,004 | $8.71M | 0.05% | +29,004 | New |
| BFSG, LLC | 28,905 | $8.68M | 0.84% | −1,338−4.4% | Reduced |
| Running Oak Capital LLC | 28,657 | $8.61M | 0.97% | −1,237−4.1% | Reduced |
| Toroso Investments, LLC | 28,297 | $8.50M | 0.04% | +13,264+88.2% | Added |
| Capital Investment Advisors, LLC | 28,248 | $8.49M | 0.14% | −20−0.1% | Reduced |
| Nissay Asset Management Corp | 28,227 | $8.48M | 0.05% | +186+0.7% | Added |
| Pathstone Holdings, LLC | 28,072 | $8.43M | 0.03% | +415+1.5% | Added |
| Wellington Management Group LLP | 27,114 | $8.15M | 0.00% | −854−3.1% | Reduced |
| 1st Source Bank | 26,830 | $8.06M | 0.42% | −681−2.5% | Reduced |
| Pettyjohn, Wood & White, Inc | 26,810 | $8.05M | 1.33% | +274+1.0% | Added |
| HB Wealth Management, LLC | 26,689 | $8.02M | 0.05% | +6,280+30.8% | Added |
| Farmers National Bank | 26,494 | $7.96M | 1.89% | −594−2.2% | Reduced |
| Gateway Investment Advisers LLC | 26,490 | $7.96M | 0.08% | +19+0.1% | Added |
| BNP PARIBAS ASSET MANAGEMENT Holding S.A. | 26,423 | $7.94M | 0.02% | +952+3.7% | Added |
| Kornitzer Capital Management Inc | 26,350 | $7.92M | 0.16% | −55−0.2% | Reduced |
| Redmond Asset Management, LLC | 26,074 | $7.83M | 1.92% | −590−2.2% | Reduced |
| Northwestern Mutual Wealth Management Co | 26,027 | $7.82M | 0.01% | −3,422−11.6% | Reduced |
| Investment House LLC | 25,868 | $7.77M | 0.37% | −525−2.0% | Reduced |
| Uncommon Cents Investing LLC | 25,851 | $7.77M | 1.93% | −97−0.4% | Reduced |
| Jones Financial Companies LLLP | 25,870 | $7.72M | 0.01% | +3,807+17.3% | Added |
| Oregon Public Employees Retirement Fund | 25,631 | $7.70M | 0.10% | +6,121+31.4% | Added |
| Pinebridge Investments, L.P. | 25,485 | $7.66M | 0.06% | +7,593+42.4% | Added |
| Moors & Cabot, Inc. | 25,334 | $7.61M | 0.33% | −3,943−13.5% | Reduced |
| NEOS Investment Management LLC | 25,298 | $7.60M | 0.06% | +8,090+47.0% | Added |
| Callan Family Office, LLC | 24,541 | $7.37M | 0.23% | −1,005−3.9% | Reduced |
| State of Alaska, Department of Revenue | 24,531 | $7.37M | 0.08% | −788−3.1% | Reduced |
| OP Asset Management Ltd | 24,478 | $7.35M | 0.10% | +338+1.4% | Added |
| Mutual of America Capital Management LLC | 24,326 | $7.31M | 0.08% | −1,534−5.9% | Reduced |
| W.G. Shaheen & Associates DBA Whitney & Co | 24,143 | $7.25M | 0.66% | −12,501−34.1% | Reduced |
| GWM Advisors LLC | 23,828 | $7.16M | 0.03% | +1,002+4.4% | Added |
| South Dakota Investment Council | 23,683 | $7.12M | 0.14% | −19,009−44.5% | Reduced |
| Swiss Life Asset Management Ltd | 23,676 | $7.11M | 0.04% | −3,845−14.0% | Reduced |
| Cornerstone Advisors, LLC | 23,300 | $7.00M | 0.23% | −1,700−6.8% | Reduced |
| Mackenzie Financial Corp | 23,162 | $6.96M | 0.01% | −230−1.0% | Reduced |
| RSM US Wealth Management LLC | 22,846 | $6.86M | 0.09% | −215−0.9% | Reduced |
| Gibson Wealth Advisors LLC | 22,709 | $6.82M | 4.85% | 00.0% | Unchanged |
| Dana Investment Advisors, Inc. | 22,658 | $6.81M | 0.20% | −104−0.5% | Reduced |
| D.A. Davidson & Co. | 22,610 | $6.79M | 0.04% | +49+0.2% | Added |
| MAI Capital Management | 22,247 | $6.68M | 0.04% | +941+4.4% | Added |
| Thompson Siegel & Walmsley LLC | 22,068 | $6.63M | 0.11% | +1,090+5.2% | Added |
| Estabrook Capital Management | 22,019 | $6.61M | 0.96% | −202−0.9% | Reduced |
| Cubist Systematic Strategies, LLC | 22,005 | $6.61M | 0.09% | +22,005 | New |
| Rafferty Asset Management, LLC | 21,865 | $6.57M | 0.02% | −265−1.2% | Reduced |
| Howe & Rusling Inc | 21,655 | $6.51M | 0.45% | −219−1.0% | Reduced |
| Nordea Investment Management AB | 21,685 | $6.49M | 0.01% | +2,087+10.6% | Added |
| Huntington National Bank | 21,576 | $6.48M | 0.04% | −1,449−6.3% | Reduced |
| Bokf, NA | 21,375 | $6.42M | 0.10% | +1,019+5.0% | Added |
| Steward Partners Investment Advisory, LLC | 21,077 | $6.33M | 0.04% | +806+4.0% | Added |
| Meridian Investment Counsel Inc. | 21,043 | $6.32M | 1.56% | 00.0% | Unchanged |
| Vestmark Advisory Solutions, Inc. | 21,019 | $6.31M | 0.12% | −3,301−13.6% | Reduced |
| Tiaa Trust, National Association | 20,436 | $6.14M | 0.01% | −255−1.2% | Reduced |
| UniSuper Management Pty Ltd | 20,281 | $6.09M | 0.04% | +2,678+15.2% | Added |
| Private Advisor Group, LLC | 20,003 | $6.01M | 0.03% | +602+3.1% | Added |
| Athos Capital Ltd | 20,000 | $6.01M | 3.90% | +20,000 | New |
| Jamison Private Wealth Management, Inc. | 19,971 | $6.00M | 0.76% | −44−0.2% | Reduced |
| Bradley Foster & Sargent Inc | 19,946 | $5.99M | 0.09% | 00.0% | Unchanged |
| ASR Vermogensbeheer N.V. | 19,901 | $5.98M | 0.07% | −56−0.3% | Reduced |
| Burns J W & Co Inc | 19,807 | $5.95M | 0.67% | −243−1.2% | Reduced |
| P Schoenfeld Asset Management LP | 19,700 | $5.92M | 1.67% | +19,700 | New |
| Patten & Patten Inc | 19,605 | $5.89M | 0.35% | −40−0.2% | Reduced |
| Cullinan Associates Inc | 19,400 | $5.83M | 0.38% | 00.0% | Unchanged |
| Guggenheim Capital LLC | 19,375 | $5.82M | 0.04% | −5,784−23.0% | Reduced |
| Public Sector Pension Investment Board | 19,373 | $5.82M | 0.02% | +2,345+13.8% | Added |
| Schroder Investment Management Group | 19,140 | $5.73M | 0.00% | −2,023−9.6% | Reduced |
| Canandaigua National Bank & Trust Co | 19,043 | $5.72M | 0.50% | −558−2.8% | Reduced |
| KBC Group NV | 19,039 | $5.72M | 0.01% | +590+3.2% | Added |
| Wescott Financial Advisory Group, LLC | 18,587 | $5.58M | 0.50% | −254−1.3% | Reduced |
| Atria Investments LLC | 18,555 | $5.57M | 0.06% | −2,711−12.7% | Reduced |
| New Republic Capital, LLC | 18,531 | $5.57M | 1.71% | +12+0.1% | Added |
| Baxter Bros Inc | 18,425 | $5.54M | 0.64% | −557−2.9% | Reduced |
| Kestra Advisory Services, LLC | 18,407 | $5.53M | 0.03% | −870−4.5% | Reduced |
| Trust Co of Virginia | 18,403 | $5.53M | 0.46% | −927−4.8% | Reduced |
| Pacer Advisors, Inc. | 18,256 | $5.48M | 0.01% | +24+0.1% | Added |
| Silvercrest Asset Management Group LLC | 18,109 | $5.44M | 0.04% | −75−0.4% | Reduced |
| Highland Capital Management, LLC | 18,084 | $5.43M | 0.27% | −130−0.7% | Reduced |
| Teachers Retirement System of the State of Kentucky | 17,742 | $5.33M | 0.04% | 00.0% | Unchanged |
| Hantz Financial Services, Inc. | 17,628 | $5.30M | 0.08% | −609−3.3% | Reduced |
| Independent Investors Inc | 17,517 | $5.26M | 1.01% | −83−0.5% | Reduced |
| Cherokee Insurance Co | 17,500 | $5.26M | 2.25% | 00.0% | Unchanged |
| Somerset Trust Co | 17,465 | $5.25M | 1.62% | +109+0.6% | Added |
| Lighthouse Investment Partners, LLC | 17,336 | $5.21M | 0.19% | −3,166−15.4% | Reduced |
| Douglass Winthrop Advisors, LLC | 17,253 | $5.18M | 0.09% | +23+0.1% | Added |
| Central Pacific Bank - Trust Division | 17,243 | $5.18M | 0.63% | −20.0% | Reduced |
| Wealthfront Advisers LLC | 17,167 | $5.16M | 0.01% | +1,169+7.3% | Added |
| Stonegate Investment Group, LLC | 17,015 | $5.11M | 0.12% | −76−0.4% | Reduced |
| NewEdge Wealth, LLC | 17,997 | $5.05M | 0.07% | +241+1.4% | Added |
| Bessemer Group Inc | 16,685 | $5.01M | 0.01% | −80.0% | Reduced |
| Logan Capital Management Inc | 16,425 | $4.93M | 0.21% | 00.0% | Unchanged |
| Signaturefd, LLC | 16,399 | $4.93M | 0.08% | −764−4.5% | Reduced |
| Kestra Private Wealth Services, LLC | 16,290 | $4.89M | 0.06% | +508+3.2% | Added |
| Smithfield Trust Co | 16,267 | $4.89M | 0.22% | +300+1.9% | Added |
| Sepio Capital, LP | 16,084 | $4.83M | 0.29% | +865+5.7% | Added |
| IFP Advisors, Inc | 15,582 | $4.68M | 0.12% | +517+3.4% | Added |
| Perigon Wealth Management, LLC | 15,473 | $4.65M | 0.09% | +173+1.1% | Added |
| Brevan Howard Capital Management LP | 15,413 | $4.63M | 0.07% | +8,612+126.6% | Added |
| EdgePoint Investment Group Inc. | 15,331 | $4.61M | 0.03% | −4,167,590−99.6% | Reduced |
| Alpha Omega Wealth Management LLC | 15,311 | $4.60M | 0.77% | +8+0.1% | Added |
| Mizuho Securities USA LLC | 16,340 | $4.57M | 0.09% | +764+4.9% | Added |
| Elo Mutual Pension Insurance Co | 15,143 | $4.55M | 0.07% | +1,587+11.7% | Added |
| Hardy Reed LLC | 15,016 | $4.51M | 0.33% | 00.0% | Unchanged |