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 |
|---|---|---|---|---|---|
| Clifford Swan Investment Counsel LLC | 6,458 | $1.94M | 0.06% | −10.0% | Reduced |
| Charter Trust Co | 6,456 | $1.94M | 0.12% | −19−0.3% | Reduced |
| SevenBridge Financial Group, LLC | 6,762 | $1.94M | 0.32% | −951−12.3% | Reduced |
| Freestone Capital Holdings, LLC | 6,434 | $1.93M | 0.06% | +12+0.2% | Added |
| Marble Harbor Investment Counsel, LLC | 6,412 | $1.93M | 0.20% | −160−2.4% | Reduced |
| Tower Research Capital LLC (TRC) | 6,408 | $1.93M | 0.05% | −1,362−17.5% | Reduced |
| Weatherly Asset Management L. P. | 6,376 | $1.92M | 0.16% | −75−1.2% | Reduced |
| Horizon Investments, LLC | 6,393 | $1.91M | 0.03% | +2,694+72.8% | Added |
| Essex Savings Bank | 6,355 | $1.91M | 0.43% | −13−0.2% | Reduced |
| Morningstar Investment Management LLC | 6,333 | $1.90M | 0.07% | +4,000+171.5% | Added |
| Brooks, Moore & Associates, Inc. | 6,314 | $1.90M | 1.01% | +492+8.5% | Added |
| Wetherby Asset Management Inc | 6,291 | $1.89M | 0.08% | +15+0.2% | Added |
| Dakota Wealth Management | 6,281 | $1.89M | 0.04% | −1,136−15.3% | Reduced |
| Wills Financial Group LLC | 6,277 | $1.89M | 0.77% | −18−0.3% | Reduced |
| Nicolet Bankshares Inc | 6,259 | $1.88M | 0.30% | +193+3.2% | Added |
| Summit Trail Advisors, LLC | 6,256 | $1.88M | 0.03% | +2,407+62.5% | Added |
| Brady Family Wealth, LLC | 6,238 | $1.87M | 0.58% | 00.0% | Unchanged |
| LRT Capital Management, LLC | 6,158 | $1.85M | 1.23% | +573+10.3% | Added |
| Roundview Capital LLC | 6,125 | $1.84M | 0.12% | +861+16.4% | Added |
| Leavell Investment Management, Inc. | 6,120 | $1.84M | 0.08% | −30.0% | Reduced |
| Busey Wealth Management | 6,075 | $1.82M | 0.05% | −9−0.1% | Reduced |
| Family Legacy, Inc. | 6,069 | $1.82M | 0.56% | −11−0.2% | Reduced |
| Salvus Wealth Management, LLC | 6,067 | $1.82M | 1.02% | +204+3.5% | Added |
| MUFG Securities Americas Inc. | 6,051 | $1.82M | 0.12% | +1,055+21.1% | Added |
| Virtue Capital Management, LLC | 6,437 | $1.81M | 0.40% | +6,437 | New |
| SG Americas Securities, LLC | 6,021 | $1.81M | 0.01% | −737−10.9% | Reduced |
| Neo Ivy Capital Management | 6,002 | $1.80M | 0.44% | +6,002 | New |
| Westport Asset Management Inc | 6,000 | $1.80M | 0.75% | 00.0% | Unchanged |
| Massachusetts Wealth Management | 5,986 | $1.80M | 0.89% | +35+0.6% | Added |
| Park Avenue Securities LLC | 5,950 | $1.79M | 0.01% | −588−9.0% | Reduced |
| Kentucky Retirement Systems Insurance Trust Fund | 5,943 | $1.79M | 0.12% | −204−3.3% | Reduced |
| SageView Advisory Group, LLC | 5,941 | $1.78M | 0.06% | +186+3.2% | Added |
| Midwest Trust Co | 5,936 | $1.78M | 0.02% | −1,096−15.6% | Reduced |
| Forum Financial Management, LP | 5,912 | $1.78M | 0.02% | +673+12.8% | Added |
| Citizens Financial Group Inc | 5,893 | $1.77M | 0.02% | +32+0.5% | Added |
| Ninepoint Partners LP | 5,865 | $1.76M | 0.24% | +5,865 | New |
| Quadrant Capital Group LLC | 5,858 | $1.76M | 0.06% | +51+0.9% | Added |
| GAMMA Investing LLC | 5,857 | $1.76M | 0.10% | +614+11.7% | Added |
| Valmark Advisers, Inc. | 5,822 | $1.75M | 0.02% | −101−1.7% | Reduced |
| Dai-Ichi Life Insurance Company, Ltd | 5,811 | $1.75M | 0.04% | −4,000−40.8% | Reduced |
| Albert D Mason Inc | 5,804 | $1.74M | 1.14% | +274+5.0% | Added |
| Cannon Global Investment Management, LLC | 5,800 | $1.74M | 4.40% | +5,800 | New |
| First National Trust Co | 5,798 | $1.74M | 0.06% | −8−0.1% | Reduced |
| Visionary Wealth Advisors | 5,771 | $1.73M | 0.08% | +212+3.8% | Added |
| Keystone Financial Group | 5,748 | $1.73M | 0.13% | +3+0.1% | Added |
| Benjamin Edwards Inc | 5,731 | $1.72M | 0.02% | −164−2.8% | Reduced |
| Journey Advisory Group, LLC | 5,644 | $1.70M | 0.13% | 00.0% | Unchanged |
| Capital Group Private Client Services, Inc. | 5,614 | $1.69M | 0.03% | −21,577−79.4% | Reduced |
| CX Institutional | 5,613 | $1.69M | 0.05% | +3,889+225.6% | Added |
| Commerzbank Aktiengesellschaft | 5,608 | $1.69M | 0.03% | +1,891+50.9% | Added |
| Main Street Group, LTD | 5,608 | $1.68M | 0.49% | 00.0% | Unchanged |
| MB, Levis & Associates, LLC | 5,594 | $1.68M | 0.73% | −469−7.7% | Reduced |
| Ashton Thomas Private Wealth, LLC | 5,574 | $1.67M | 0.04% | +768+16.0% | Added |
| Wilkins Investment Counsel Inc | 5,562 | $1.67M | 0.24% | 00.0% | Unchanged |
| Lineweaver Wealth Advisors, LLC | 5,559 | $1.67M | 0.24% | −176−3.1% | Reduced |
| Meeder Advisory Services, Inc. | 5,524 | $1.66M | 0.08% | +15+0.3% | Added |
| Clark Asset Management, LLC | 5,520 | $1.66M | 0.19% | +293+5.6% | Added |
| Umpqua Bank | 5,724 | $1.66M | 0.46% | +204+3.7% | Added |
| SS&H Financial Advisors, Inc. | 5,500 | $1.65M | 0.50% | −100−1.8% | Reduced |
| Cove Private Wealth, LLC | 5,500 | $1.65M | 0.52% | 00.0% | Unchanged |
| Sierra Summit Advisors LLC | 5,492 | $1.65M | 0.25% | +86+1.6% | Added |
| Diversified Trust Co | 5,463 | $1.64M | 0.03% | −50−0.9% | Reduced |
| Exchange Bank | 5,456 | $1.64M | 1.14% | −100−1.8% | Reduced |
| Dorsey & Whitney Trust CO LLC | 5,441 | $1.63M | 0.09% | −35−0.6% | Reduced |
| Adviser Investments LLC | 5,423 | $1.63M | 0.02% | +800+17.3% | Added |
| Letson Investment Management, Inc. | 5,417 | $1.63M | 0.58% | +20.0% | Added |
| Joel Isaacson & Co., LLC | 5,407 | $1.62M | 0.06% | 00.0% | Unchanged |
| CSU Producer Resources, Inc. | 5,400 | $1.62M | 4.79% | 00.0% | Unchanged |
| NBT Bank N A | 5,399 | $1.62M | 0.11% | −757−12.3% | Reduced |
| Nomura Holdings Inc | 5,384 | $1.62M | 0.01% | +5,384 | New |
| Ballentine Partners, LLC | 5,378 | $1.62M | 0.02% | +10+0.2% | Added |
| Williams Jones Wealth Management, LLC. | 5,371 | $1.61M | 0.02% | −1,564−22.6% | Reduced |
| City Holding Co | 5,370 | $1.61M | 0.20% | −153−2.8% | Reduced |
| Community Bank, N.A. | 5,330 | $1.60M | 0.19% | −825−13.4% | Reduced |
| Everence Capital Management Inc | 5,330 | $1.60M | 0.10% | 00.0% | Unchanged |
| Heritage Trust Co | 5,290 | $1.59M | 0.17% | +743+16.3% | Added |
| Boston Trust Walden Corp | 5,267 | $1.58M | 0.01% | 00.0% | Unchanged |
| Oak Hill Wealth Advisors, LLC | 5,260 | $1.58M | 0.30% | 00.0% | Unchanged |
| Rehmann Capital Advisory Group | 5,253 | $1.58M | 0.09% | −10−0.2% | Reduced |
| Pitcairn Co | 5,253 | $1.58M | 0.12% | −1,171−18.2% | Reduced |
| Peapack Gladstone Financial Corp | 5,247 | $1.58M | 0.02% | −525−9.1% | Reduced |
| Crossmark Global Holdings, Inc. | 5,225 | $1.57M | 0.02% | −599−10.3% | Reduced |
| King Luther Capital Management Corp | 5,184 | $1.56M | 0.01% | −390−7.0% | Reduced |
| Connor, Clark & Lunn Investment Management Ltd. | 5,166 | $1.55M | 0.00% | +5,166 | New |
| Radnor Capital Management, LLC | 5,165 | $1.55M | 0.24% | 00.0% | Unchanged |
| Azzad Asset Management Inc | 5,159 | $1.55M | 0.15% | +5,159 | New |
| Assetmark, Inc | 5,101 | $1.53M | 0.00% | +624+13.9% | Added |
| Alpine Bank Wealth Management | 5,092 | $1.53M | 0.22% | 00.0% | Unchanged |
| Savant Capital, LLC | 5,036 | $1.51M | 0.01% | +422+9.1% | Added |
| Scotia Capital Inc. | 5,014 | $1.51M | 0.01% | −13,393−72.8% | Reduced |
| MidWestOne Financial Group, Inc. | 5,009 | $1.50M | 0.18% | 00.0% | Unchanged |
| Franklin Street Advisors Inc | 5,000 | $1.50M | 0.09% | −6,200−55.4% | Reduced |
| HBK Sorce Advisory LLC | 5,115 | $1.48M | 0.04% | +900+21.4% | Added |
| Iowa State Bank | 4,925 | $1.48M | 0.28% | +167+3.5% | Added |
| Canada Post Corp Registered Pension Plan | 4,907 | $1.47M | 0.07% | +1,170+31.3% | Added |
| Sound View Wealth Advisors Group, LLC | 4,890 | $1.47M | 0.10% | −373−7.1% | Reduced |
| Virtue Asset Management LLC | 4,881 | $1.47M | 1.21% | +4,881 | New |
| Angelo Gordon & Co., L.P. | 4,875 | $1.46M | 0.18% | +4,875 | New |
| Mayfair Advisory Group, LLC | 4,868 | $1.46M | 0.63% | 00.0% | Unchanged |
| Quantitative Investment Management, LLC | 4,867 | $1.46M | 0.20% | +4,867 | New |