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 |
|---|---|---|---|---|---|
| Brookstone Capital Management | 3,698 | $1.11M | 0.01% | +322+9.5% | Added |
| Philadelphia Trust Co | 3,696 | $1.11M | 0.08% | −198−5.1% | Reduced |
| Cyndeo Wealth Partners, LLC | 3,691 | $1.11M | 0.06% | −200−5.1% | Reduced |
| Park Place Capital Corp | 3,668 | $1.10M | 0.23% | +3,640+13,000.0% | Added |
| Bollard Group LLC | 3,661 | $1.10M | 0.03% | 00.0% | Unchanged |
| Integrated Advisors Network LLC | 3,655 | $1.10M | 0.05% | −233−6.0% | Reduced |
| Mount Yale Investment Advisors, LLC | 3,648 | $1.10M | 0.08% | −15,422−80.9% | Reduced |
| Fiduciary Family Office, LLC | 3,637 | $1.09M | 0.31% | −601−14.2% | Reduced |
| Schulhoff & Co Inc | 3,635 | $1.09M | 0.47% | −10−0.3% | Reduced |
| Wedgewood Investors Inc | 3,625 | $1.09M | 1.19% | −75−2.0% | Reduced |
| Financial Security Advisor, Inc. | 3,596 | $1.08M | 0.23% | −206−5.4% | Reduced |
| Walleye Capital LLC | 3,574 | $1.07M | 0.01% | −89,251−96.1% | Reduced |
| Key Financial Inc | 3,583 | $1.07M | 0.20% | −19−0.5% | Reduced |
| Quadcap Wealth Management, LLC | 3,555 | $1.07M | 0.13% | −32−0.9% | Reduced |
| Shayne & Co., LLC | 3,546 | $1.07M | 0.33% | 00.0% | Unchanged |
| Athena Investment Management | 3,543 | $1.06M | 0.55% | 00.0% | Unchanged |
| FineMark National Bank & Trust | 3,540 | $1.06M | 0.03% | −201−5.4% | Reduced |
| Evermay Wealth Management LLC | 3,535 | $1.06M | 0.12% | −35−1.0% | Reduced |
| Dearborn Partners LLC | 3,510 | $1.05M | 0.05% | −230−6.1% | Reduced |
| Rodgers Brothers Inc. | 3,509 | $1.05M | 0.13% | 00.0% | Unchanged |
| Tull Financial Group, Inc. | 3,505 | $1.05M | 0.46% | +10.0% | Added |
| Cottage Street Advisors LLC | 3,500 | $1.05M | 0.45% | +3,500 | New |
| Waldron Private Wealth LLC | 3,497 | $1.05M | 0.04% | −125−3.5% | Reduced |
| Inscription Capital, LLC | 3,495 | $1.05M | 0.11% | +3,495 | New |
| IFG Advisory, LLC | 3,495 | $1.05M | 0.05% | 00.0% | Unchanged |
| Guardian Wealth Advisors, LLC | 3,466 | $1.04M | 0.07% | +24+0.7% | Added |
| Mutual Advisors, LLC | 3,658 | $1.04M | 0.02% | −820−18.3% | Reduced |
| Great Lakes Advisors, LLC | 3,451 | $1.04M | 0.01% | +710+25.9% | Added |
| Summit Financial, LLC | 3,450 | $1.04M | 0.02% | −296−7.9% | Reduced |
| Malaga Cove Capital, LLC | 3,434 | $1.03M | 0.37% | −75−2.1% | Reduced |
| Pallas Capital Advisors LLC | 3,433 | $1.03M | 0.04% | −360−9.5% | Reduced |
| Dover Advisors, LLC | 3,426 | $1.03M | 0.41% | −47−1.4% | Reduced |
| Searle & Co. | 3,422 | $1.03M | 0.27% | −375−9.9% | Reduced |
| Financial Sense Advisors, Inc. | 3,420 | $1.03M | 0.19% | 00.0% | Unchanged |
| Exchange Traded Concepts, LLC | 3,409 | $1.02M | 0.01% | +2,378+230.6% | Added |
| Allegheny Financial Group LTD | 3,404 | $1.02M | 0.19% | 00.0% | Unchanged |
| Berkeley Capital Partners, LLC | 3,397 | $1.02M | 0.24% | +924+37.4% | Added |
| Patton Albertson Miller Group, LLC | 3,395 | $1.02M | 0.12% | −84−2.4% | Reduced |
| DLD Asset Management, LP | 3,394 | $1.02M | 0.13% | +3,394 | New |
| NorthRock Partners, LLC | 3,385 | $1.02M | 0.02% | +798+30.8% | Added |
| Tema ETFs LLC | 3,366 | $1.01M | 0.08% | +3,366 | New |
| Millstone Evans Group, LLC | 3,361 | $1.01M | 0.64% | 00.0% | Unchanged |
| MBL Wealth, LLC | 3,312 | $995.0K | 0.09% | +637+23.8% | Added |
| R Squared Ltd | 3,305 | $992.9K | 0.43% | +3,305 | New |
| Clearbridge Investments, LLC | 3,300 | $991.4K | 0.00% | 00.0% | Unchanged |
| Horizon Kinetics Asset Management LLC | 3,273 | $983.2K | 0.01% | 00.0% | Unchanged |
| Factorial Partners, LLC | 3,270 | $982.3K | 0.68% | −400−10.9% | Reduced |
| Norman Fields, Gottscho Capital Management, LLC | 3,265 | $981.0K | 0.31% | 00.0% | Unchanged |
| ICW Investment Advisors LLC | 3,252 | $977.0K | 0.36% | +72+2.3% | Added |
| Westbourne Investment Advisors, Inc. | 3,222 | $967.9K | 0.27% | −50−1.5% | Reduced |
| Hayek Kallen Investment Management | 3,220 | $967.0K | 0.31% | 00.0% | Unchanged |
| Welch Group, LLC | 3,213 | $965.4K | 0.04% | +1,374+74.7% | Added |
| Point72 (DIFC) Ltd | 3,209 | $964.1K | 0.07% | +3,209 | New |
| Aull & Monroe Investment Management Corp | 3,209 | $964.0K | 0.49% | 00.0% | Unchanged |
| First Citizens Bank & Trust Co | 3,206 | $963.1K | 0.02% | +379+13.4% | Added |
| River Wealth Advisors LLC | 3,200 | $961.3K | 0.11% | −5−0.2% | Reduced |
| Signature Estate & Investment Advisors LLC | 3,197 | $960.2K | 0.02% | +1,330+71.2% | Added |
| Cbre Clarion Securities LLC | 3,196 | $960.1K | 0.01% | −606,596−99.5% | Reduced |
| Acropolis Investment Management, LLC | 3,745 | $958.6K | 0.05% | +213+6.0% | Added |
| Exencial Wealth Advisors, LLC | 3,181 | $955.5K | 0.03% | +114+3.7% | Added |
| Old National Bancorp | 3,171 | $952.6K | 0.02% | −583−15.5% | Reduced |
| CM Wealth Advisors LLC | 3,146 | $945.1K | 0.25% | 00.0% | Unchanged |
| Sapient Capital LLC | 3,147 | $942.9K | 0.01% | 00.0% | Unchanged |
| Farmers Trust Co | 3,121 | $937.6K | 0.16% | 00.0% | Unchanged |
| Longfellow Investment Management Co LLC | 3,120 | $937.3K | 0.22% | −3,333−51.7% | Reduced |
| Parkside Financial Bank & Trust | 3,112 | $934.9K | 0.07% | −50−1.6% | Reduced |
| Northcape Wealth Management, LLC | 3,100 | $931.3K | 0.27% | +2+0.1% | Added |
| Legacy Capital Group California, Inc. | 3,096 | $930.1K | 0.24% | +12+0.4% | Added |
| Mitchell McLeod Pugh & Williams Inc | 3,309 | $927.8K | 0.15% | 00.0% | Unchanged |
| Aberdeen Wealth Management LLC | 3,069 | $922.0K | 0.58% | +10.0% | Added |
| Everpar Advisors LLC | 3,065 | $920.8K | 0.36% | +48+1.6% | Added |
| Confluence Wealth Services, Inc. | 3,055 | $917.7K | 0.05% | −3−0.1% | Reduced |
| Mairs & Power Inc | 3,054 | $917.5K | 0.01% | 00.0% | Unchanged |
| Abn Amro Investment Solutions | 3,054 | $917.5K | 0.02% | 00.0% | Unchanged |
| Smith, Moore & Co. | 3,043 | $914.1K | 0.07% | +41+1.4% | Added |
| Sumitomo Life Insurance Co | 3,017 | $906.3K | 0.03% | −109−3.5% | Reduced |
| XML Financial, LLC | 3,009 | $903.9K | 0.07% | +8+0.3% | Added |
| Advocate Group LLC | 3,005 | $902.7K | 0.15% | 00.0% | Unchanged |
| Harbor Advisors LLC | 3,000 | $901.2K | 0.14% | 00.0% | Unchanged |
| CoreCap Advisors, LLC | 2,995 | $899.7K | 0.03% | −41−1.4% | Reduced |
| Chilton Investment Co LLC | 2,991 | $898.5K | 0.02% | −171−5.4% | Reduced |
| GM Advisory Group, Inc. | 2,990 | $898.2K | 0.04% | −73−2.4% | Reduced |
| Dynamic Advisor Solutions LLC | 2,976 | $894.1K | 0.03% | +120+4.2% | Added |
| Cambria Investment Management, L.P. | 2,962 | $889.8K | 0.05% | +390+15.2% | Added |
| Schrum Private Wealth Management LLC | 2,950 | $886.2K | 0.65% | +317+12.0% | Added |
| Chesapeake Capital Corp | 2,950 | $886.2K | 0.80% | +2,950 | New |
| Alan B. Lancz & Associates, Inc. | 2,941 | $883.5K | 0.80% | 00.0% | Unchanged |
| RiverFront Investment Group, LLC | 2,941 | $883.5K | 0.02% | +1,250+73.9% | Added |
| Sage Mountain Advisors LLC | 2,922 | $877.7K | 0.05% | +714+32.3% | Added |
| Excalibur Management Corp | 2,911 | $874.5K | 0.32% | 00.0% | Unchanged |
| Live Oak Private Wealth LLC | 2,910 | $874.2K | 0.12% | 00.0% | Unchanged |
| E. Ohman J:or Asset Management AB | 2,900 | $871.2K | 0.02% | 00.0% | Unchanged |
| Mather Group, LLC. | 2,897 | $870.2K | 0.01% | +24+0.8% | Added |
| Vestor Capital, LLC | 2,883 | $866.0K | 0.06% | +2,537+733.2% | Added |
| Everhart Financial Group, Inc. | 2,874 | $863.4K | 0.09% | +329+12.9% | Added |
| Choate Investment Advisors | 2,854 | $857.4K | 0.02% | −125−4.2% | Reduced |
| Chesapeake Wealth Management | 2,852 | $856.8K | 0.26% | −25−0.9% | Reduced |
| Kelman-Lazarov, Inc. | 2,829 | $849.7K | 0.13% | −13−0.5% | Reduced |
| Fidelis Capital Partners, LLC | 2,783 | $836.0K | 0.07% | +7+0.3% | Added |
| Silver Lake Advisory, LLC | 2,783 | $836.0K | 0.33% | 00.0% | Unchanged |