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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.

Institutional holdersQ3 2025: 1,801 institutions
Q1 2021: 1,514 institutionsQ2 2021: 1,546 institutionsQ3 2021: 1,494 institutionsQ4 2021: 1,644 institutionsQ1 2022: 1,646 institutionsQ2 2022: 1,543 institutionsQ3 2022: 1,501 institutionsQ4 2022: 1,592 institutionsQ1 2023: 1,500 institutionsQ2 2023: 1,529 institutionsQ3 2023: 1,444 institutionsQ4 2023: 1,585 institutionsQ1 2024: 1,628 institutionsQ2 2024: 1,565 institutionsQ3 2024: 1,612 institutionsQ4 2024: 1,686 institutionsQ1 2025: 1,656 institutionsQ2 2025: 1,693 institutionsQ3 2025: 1,801 institutionsQ4 2025: 1,852 institutionsQ1 2026: 1,841 institutionsQ2 2026: 1,869 institutions
Value heldQ3 2025: $50.8B
Q1 2021: $49.7BQ2 2021: $48.1BQ3 2021: $42.6BQ4 2021: $52.7BQ1 2022: $50.2BQ2 2022: $39.6BQ3 2022: $36.1BQ4 2022: $41.8BQ1 2023: $35.4BQ2 2023: $37.9BQ3 2023: $33.1BQ4 2023: $40.1BQ1 2024: $43.1BQ2 2024: $36.7BQ3 2024: $42.4BQ4 2024: $41.0BQ1 2025: $41.2BQ2 2025: $45.1BQ3 2025: $50.8BQ4 2025: $49.8BQ1 2026: $48.2BQ2 2026: $53.6B
Institutions holding NSC and their total value by quarter
QuarterHoldersValue
Q2 20261,869$53.6B
Q1 20261,841$48.2B
Q4 20251,852$49.8B
Q3 20251,801$50.8B
Q2 20251,693$45.1B
Q1 20251,656$41.2B
Q4 20241,686$41.0B
Q3 20241,612$42.4B
Q2 20241,565$36.7B
Q1 20241,628$43.1B
Q4 20231,585$40.1B
Q3 20231,444$33.1B
Q2 20231,529$37.9B
Q1 20231,500$35.4B
Q4 20221,592$41.8B
Q3 20221,501$36.1B
Q2 20221,543$39.6B
Q1 20221,646$50.2B
Q4 20211,644$52.7B
Q3 20211,494$42.6B
Q2 20211,546$48.1B
Q1 20211,514$49.7B

Institutions, Q3 2025

Shares, value and share of portfolio for each institution holding Norfolk Southern Corp; share changes are against Q2 2025.

Institutions holding NSC in Q3 2025
InstitutionSharesValue% of portfolioChange in sharesAction
Mint Tower Capital Management B.V.15,000$4.51M0.58%+15,000New
Aigen Investment Management, LP14,944$4.49M0.69%+14,944New
Yakira Capital Management, Inc.14,775$4.44M1.65%+14,775New
Pittenger & Anderson Inc14,591$4.38M0.16%−783−5.1%Reduced
Cary Street Partners Financial LLC14,543$4.37M0.11%−40−0.3%Reduced
Anchor Investment Management, LLC14,378$4.32M0.36%−49−0.3%Reduced
Loring Wolcott & Coolidge Fiduciary Advisors LLP15,138$4.30M0.04%−63−0.4%Reduced
Advanced Asset Management Advisors Inc14,200$4.27M1.14%00.0%Unchanged
Kentucky Retirement Systems14,179$4.26M0.12%−303−2.1%Reduced
Fiduciary Trust Co13,951$4.19M0.05%+1,461+11.7%Added
Credit Agricole S A13,611$4.09M0.01%+13,611New
Flputnam Investment Management Co13,589$4.08M0.06%+10+0.1%Added
Advisory Services Network, LLC13,505$4.06M0.06%+872+6.9%Added
Aptus Capital Advisors, LLC13,498$4.05M0.04%−1,355−9.1%Reduced
Prudential PLC13,433$4.04M0.03%+9,844+274.3%Added
CWM, LLC13,420$4.03M0.01%+591+4.6%Added
Ethic Inc.13,408$4.03M0.07%+1,361+11.3%Added
Verdence Capital Advisors LLC14,285$4.02M0.23%−1,595−10.0%Reduced
Stock Yards Bank & Trust Co13,390$4.02M0.13%−319−2.3%Reduced
Oak Harbor Wealth Partners, LLC13,389$4.02M0.99%00.0%Unchanged
Vaughan David Investments LLC13,351$4.01M0.09%−855−6.0%Reduced
Ossiam13,221$3.97M0.05%−35,372−72.8%Reduced
Axxcess Wealth Management, LLC13,201$3.97M0.08%−64−0.5%Reduced
Jain Global LLC13,185$3.96M0.05%+9,631+271.0%Added
Burke & Herbert Bank & Trust Co13,176$3.96M0.85%−645−4.7%Reduced
Hartford Investment Management Co13,164$3.95M0.12%−485−3.6%Reduced
Haverford Trust Co13,131$3.94M0.04%−1,229−8.6%Reduced
Hills Bank & Trust Co13,128$3.94M0.23%−15−0.1%Reduced
Old Point Trust & Financial Services N A12,999$3.91M1.26%−883−6.4%Reduced
Texas Yale Capital Corp.12,945$3.89M0.12%00.0%Unchanged
Central Trust Co12,753$3.83M0.08%−224−1.7%Reduced
Oppenheimer Asset Management Inc.12,744$3.83M0.04%+3,391+36.3%Added
NJ State Employees Deferred Compensation Plan12,700$3.82M0.42%00.0%Unchanged
Pinnacle Associates Ltd12,562$3.77M0.05%+11+0.1%Added
Barbara Oil Co.12,500$3.76M1.40%00.0%Unchanged
Alpine Global Management, LLC12,500$3.76M0.77%+12,500New
Vazirani Asset Management LLC12,500$3.76M13.42%+12,500New
Concurrent Investment Advisors, LLC12,285$3.69M0.06%−69−0.6%Reduced
Citizens National Bank Trust Department12,210$3.67M0.65%00.0%Unchanged
Pensionmark Financial Group, LLC12,114$3.64M0.07%+351+3.0%Added
Inkwell Capital LLC12,012$3.61M3.68%−151−1.2%Reduced
Advisors Asset Management, Inc.11,941$3.59M0.06%−6,056−33.7%Reduced
QRG Capital Management, Inc.11,876$3.57M0.04%−6,298−34.7%Reduced
Oppenheimer & Co Inc11,836$3.56M0.04%+552+4.9%Added
Cullen/Frost Bankers, Inc.11,808$3.55M0.04%−1,020−8.0%Reduced
Louisiana State Employees Retirement System11,800$3.54M0.06%−100−0.8%Reduced
Investment Management Corp of Ontario11,734$3.53M0.05%+3,255+38.4%Added
Winton Group Ltd11,600$3.48M0.13%+11,600New
Delta Capital Management LLC11,510$3.46M1.79%−25−0.2%Reduced
Gulf International Bank (UK) Ltd11,406$3.43M0.11%−208−1.8%Reduced
Harbour Investment Management LLC11,394$3.42M1.49%−925−7.5%Reduced
Eisler Capital Management Ltd.11,364$3.41M0.08%−59,426−83.9%Reduced
Maryland State Retirement & Pension System11,363$3.41M0.07%+387+3.5%Added
Allworth Financial LP11,348$3.41M0.02%+249+2.2%Added
Merit Financial Group, LLC11,278$3.39M0.03%+264+2.4%Added
BancorpSouth Bank11,269$3.39M0.21%−90−0.8%Reduced
Bridge Creek Capital Management LLC11,266$3.38M0.94%+70+0.6%Added
Farmers & Merchants Investments Inc11,230$3.37M0.10%00.0%Unchanged
Oak Asset Management, LLC11,225$3.37M1.15%−517−4.4%Reduced
Roberts Glore & Co Inc11,189$3.36M0.92%−250−2.2%Reduced
Wolverine Trading, LLC11,205$3.36M0.07%+6,717+149.7%Added
United Bank11,106$3.34M1.16%+567+5.4%Added
Old Second National Bank of Aurora11,068$3.32M0.68%+10+0.1%Added
Empowered Funds, LLC11,008$3.31M0.03%−10,740−49.4%Reduced
Community Bank & Trust, Waco, Texas10,944$3.29M0.68%−66−0.6%Reduced
Beacon Pointe Advisors, LLC10,930$3.28M0.03%−37−0.3%Reduced
Rothschild Investment LLC10,817$3.25M0.18%−10.0%Reduced
Principle Wealth Partners LLC10,784$3.24M0.19%−85−0.8%Reduced
Securian Asset Management, Inc10,773$3.24M0.09%−1,043−8.8%Reduced
West Paces Advisors Inc.10,721$3.22M0.64%−15−0.1%Reduced
B. Metzler seel. Sohn & Co. AG10,648$3.20M0.03%+99+0.9%Added
AE Wealth Management LLC10,632$3.19M0.02%+4,238+66.3%Added
St. Nicholas Private Asset Management, Inc10,510$3.16M2.74%00.0%Unchanged
Murphy Pohlad Asset Management LLC10,500$3.15M1.24%−175−1.6%Reduced
3Chopt Investment Partners, LLC10,488$3.15M0.72%+187+1.8%Added
Midwest Professional Planners, LTD.10,478$3.15M0.77%+212+2.1%Added
Allspring Global Investments Holdings, LLC10,422$3.11M0.00%−243−2.3%Reduced
Beese Fulmer Investment Management, Inc.10,283$3.09M0.21%−99−1.0%Reduced
J.W. Cole Advisors, Inc.10,272$3.09M0.06%−39−0.4%Reduced
Jump Financial, LLC10,249$3.08M0.04%+5,243+104.7%Added
Norinchukin Bank, The10,243$3.08M0.04%+67+0.7%Added
Resources Investment Advisors, LLC.10,207$3.07M0.03%+3,724+57.4%Added
New Mexico Educational Retirement Board10,176$3.06M0.09%−400−3.8%Reduced
Umb Bank N A10,165$3.05M0.04%−425−4.0%Reduced
Nordwand Advisors, LLC10,095$3.03M0.48%00.0%Unchanged
Thrivent Financial for Lutherans9,993$3.00M0.01%−206−2.0%Reduced
Gold Investment Management Ltd.9,971$3.00M1.01%+204+2.1%Added
Beverly Hills Private Wealth, LLC9,913$2.98M0.53%−559−5.3%Reduced
Boston Partners9,861$2.96M0.00%−3,748,886−99.7%Reduced
HHM Wealth Advisors, LLC9,847$2.96M0.34%−46−0.5%Reduced
Fox Hill Wealth Management9,794$2.94M1.38%−48−0.5%Reduced
BI Asset Management Fondsmaeglerselskab A/S9,791$2.94M0.03%+208+2.2%Added
Community Trust & Investment Co9,622$2.89M0.16%+1,256+15.0%Added
Wealthspire Advisors, LLC9,596$2.88M0.02%−302−3.1%Reduced
Warren Averett Asset Management, LLC9,560$2.87M0.03%+108+1.1%Added
Citizens & Northern Corp9,550$2.87M0.71%+37+0.4%Added
Generali Asset Management SPA SGR9,546$2.87M0.06%+177+1.9%Added
Kentucky Trust Co9,512$2.86M1.55%−50−0.5%Reduced
Apollon Wealth Management, LLC9,495$2.85M0.05%−166−1.7%Reduced
Empire Financial Management Company, LLC9,403$2.82M0.65%+211+2.3%Added