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, Q4 2025
Institutional positions in Norfolk Southern Corp as of Dec 31, 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
- 1,852
- +92 vs. Q3 2025
- Shares held
- 172.7M
- +3.99M (+2.4%) vs. Q3 2025
- Total value
- $49.8B
- −$822.1M (−1.6%) vs. Q3 2025
- New holders
- 190
- 584 more added
- Sold out
- 98
- 634 more reduced
41 institutions that held it in Q3 2025 haven't filed for Q4 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.
Compare with Q3 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, Q4 2025
Shares, value and share of portfolio for each institution holding Norfolk Southern Corp; share changes are against Q3 2025.
| Institution | Shares | Value | % of portfolio | Change in shares | Action |
|---|---|---|---|---|---|
| Hendershot Investments Inc. | 2,480 | $716.0K | 0.09% | 00.0% | Unchanged |
| Papp L Roy & Associates | 2,494 | $720.1K | 0.08% | 00.0% | Unchanged |
| Garrison Bradford & Associates Inc | 2,500 | $721.8K | 0.78% | 00.0% | Unchanged |
| Ferguson Wellman Capital Management, Inc | 2,507 | $723.8K | 0.01% | 00.0% | Unchanged |
| Gilbert & Cook, Inc. | 2,515 | $726.1K | 0.09% | +35+1.4% | Added |
| Capital Investment Advisory Services, LLC | 2,518 | $726.9K | 0.05% | −93−3.6% | Reduced |
| Creative Financial Designs Inc | 2,518 | $727.0K | 0.05% | 00.0% | Unchanged |
| Soltis Investment Advisors LLC | 2,536 | $732.3K | 0.05% | +119+4.9% | Added |
| JFS Wealth Advisors, LLC | 2,540 | $733.4K | 0.04% | +31+1.2% | Added |
| Prosperity Consulting Group, LLC | 2,543 | $734.2K | 0.03% | +36+1.4% | Added |
| Point72 Asset Management, L.P. | 2,562 | $739.7K | 0.00% | +2,562 | New |
| Gsa Capital Partners LLP | 2,566 | $741.0K | 0.06% | +2,566 | New |
| Chesapeake Wealth Management | 2,570 | $742.0K | 0.22% | −282−9.9% | Reduced |
| Lee Danner & Bass Inc | 2,579 | $744.6K | 0.05% | 00.0% | Unchanged |
| Checchi Capital Advisers, LLC | 2,597 | $749.9K | 0.05% | +27+1.1% | Added |
| Pitcairn Wealth Advisors LLC | 2,602 | $751.2K | 0.07% | +2,602 | New |
| Compass Ion Advisors, LLC | 2,608 | $752.9K | 0.07% | +12+0.5% | Added |
| Fulton Bank, N.A. | 2,611 | $753.8K | 0.03% | −1,211−31.7% | Reduced |
| Inspire Advisors, LLC | 2,620 | $756.4K | 0.07% | −10−0.4% | Reduced |
| Curbstone Financial Management Corp | 2,634 | $760.5K | 0.15% | +70+2.7% | Added |
| Independent Financial Group, LLC | 2,651 | $765.4K | 0.02% | +504+23.5% | Added |
| Cornerstone Wealth Management, LLC | 2,659 | $767.6K | 0.04% | +10.0% | Added |
| Heritage Wealth Management, Inc. | 2,666 | $769.7K | 0.21% | 00.0% | Unchanged |
| Ritter Daniher Financial Advisory LLC | 2,675 | $772.3K | 0.13% | +7+0.3% | Added |
| CM Wealth Advisors LLC | 2,693 | $777.5K | 0.18% | −453−14.4% | Reduced |
| Salomon & Ludwin, LLC | 2,704 | $778.5K | 0.07% | −36−1.3% | Reduced |
| Panagora Asset Management Inc | 2,697 | $778.7K | 0.00% | +616+29.6% | Added |
| Leelyn Smith, LLC | 2,700 | $779.5K | 0.11% | 00.0% | Unchanged |
| S.A. Mason LLC | 2,700 | $779.5K | 0.31% | 00.0% | Unchanged |
| Boston Partners | 2,707 | $781.5K | 0.00% | −7,154−72.5% | Reduced |
| Flagship Harbor Advisors, LLC | 2,715 | $784.1K | 0.04% | −38−1.4% | Reduced |
| Formidable Asset Management, LLC | 2,611 | $784.2K | 0.11% | −310−10.6% | Reduced |
| Trust Co of Oklahoma | 2,717 | $784.5K | 0.23% | 00.0% | Unchanged |
| Centric Wealth Management | 2,704 | $788.1K | 0.17% | 00.0% | Unchanged |
| Choate Investment Advisors | 2,744 | $792.2K | 0.02% | −110−3.9% | Reduced |
| Fideuram Asset Management (Ireland) dac | 3,221 | $794.0K | 0.06% | +3,221 | New |
| Advance Capital Management, Inc. | 2,755 | $795.4K | 0.03% | 00.0% | Unchanged |
| Silver Lake Advisory, LLC | 2,783 | $803.5K | 0.31% | 00.0% | Unchanged |
| Valley National Advisers Inc | 2,786 | $804.0K | 0.11% | +34+1.2% | Added |
| Fidelis Capital Partners, LLC | 2,790 | $805.5K | 0.06% | +7+0.3% | Added |
| Newbridge Financial Services Group, Inc. | 2,793 | $806.3K | 0.13% | +2,625+1,562.5% | Added |
| Mather Group, LLC. | 2,820 | $814.1K | 0.01% | −77−2.7% | Reduced |
| Woodward Diversified Capital, LLC | 2,821 | $814.5K | 0.37% | +102+3.8% | Added |
| Kelman-Lazarov, Inc. | 2,829 | $816.8K | 0.12% | 00.0% | Unchanged |
| Cbre Clarion Securities LLC | 2,838 | $819.4K | 0.01% | −358−11.2% | Reduced |
| Global Retirement Partners, LLC | 2,840 | $820.0K | 0.01% | +744+35.5% | Added |
| Strive Financial Group ,LLC | 2,846 | $821.9K | 0.43% | +2,846 | New |
| Old National Bancorp | 2,850 | $822.9K | 0.01% | −321−10.1% | Reduced |
| Z3 Capital Partners, LLC | 2,863 | $826.6K | 0.20% | +2,863 | New |
| Excalibur Management Corp | 2,871 | $828.9K | 0.30% | −40−1.4% | Reduced |
| Clear Harbor Asset Management, LLC | 2,873 | $829.5K | 0.06% | +152+5.6% | Added |
| Vestor Capital, LLC | 2,402 | $832.0K | 0.06% | −481−16.7% | Reduced |
| Atomi Financial Group, Inc. | 2,888 | $833.8K | 0.02% | +299+11.5% | Added |
| CoreCap Advisors, LLC | 2,910 | $840.2K | 0.03% | −85−2.8% | Reduced |
| Live Oak Private Wealth LLC | 2,910 | $840.2K | 0.11% | 00.0% | Unchanged |
| XML Financial, LLC | 2,917 | $842.2K | 0.07% | −92−3.1% | Reduced |
| Everhart Financial Group, Inc. | 2,921 | $843.4K | 0.08% | +47+1.6% | Added |
| Alan B. Lancz & Associates, Inc. | 2,941 | $849.1K | 0.75% | 00.0% | Unchanged |
| Cambria Investment Management, L.P. | 2,949 | $851.4K | 0.05% | −13−0.4% | Reduced |
| Chesapeake Capital Corp | 2,950 | $851.7K | 0.71% | 00.0% | Unchanged |
| Schrum Private Wealth Management LLC | 2,950 | $851.7K | 0.63% | 00.0% | Unchanged |
| Garner Asset Management Corp | 2,962 | $855.3K | 0.33% | +292+10.9% | Added |
| Advocate Group LLC | 2,977 | $859.5K | 0.14% | −28−0.9% | Reduced |
| Chilton Investment Co LLC | 2,991 | $863.6K | 0.02% | 00.0% | Unchanged |
| Harbor Advisors LLC | 3,000 | $866.2K | 0.13% | 00.0% | Unchanged |
| Dover Advisors, LLC | 3,002 | $866.7K | 0.34% | −424−12.4% | Reduced |
| Smith, Moore & Co. | 3,032 | $875.3K | 0.07% | −11−0.4% | Reduced |
| Horizon Kinetics Asset Management LLC | 3,033 | $875.7K | 0.01% | −240−7.3% | Reduced |
| Mairs & Power Inc | 3,035 | $876.3K | 0.01% | −19−0.6% | Reduced |
| Dynamic Advisor Solutions LLC | 3,044 | $878.9K | 0.03% | +68+2.3% | Added |
| Northcape Wealth Management, LLC | 3,067 | $885.5K | 0.25% | −33−1.1% | Reduced |
| Aberdeen Wealth Management LLC | 3,070 | $886.4K | 0.41% | +10.0% | Added |
| Legacy Capital Group California, Inc. | 3,080 | $889.3K | 0.22% | −16−0.5% | Reduced |
| Sumitomo Life Insurance Co | 3,087 | $891.3K | 0.02% | +70+2.3% | Added |
| Confluence Wealth Services, Inc. | 3,090 | $892.1K | 0.04% | +35+1.1% | Added |
| Federated Hermes, Inc. | 3,119 | $900.5K | 0.00% | −1,171−27.3% | Reduced |
| Longfellow Investment Management Co LLC | 3,120 | $900.8K | 0.20% | 00.0% | Unchanged |
| Farmers Trust Co | 3,121 | $901.1K | 0.15% | 00.0% | Unchanged |
| Welch Group, LLC | 3,123 | $901.7K | 0.03% | −90−2.8% | Reduced |
| Parkside Financial Bank & Trust | 3,143 | $907.4K | 0.07% | +31+1.0% | Added |
| Norman Fields, Gottscho Capital Management, LLC | 3,150 | $909.5K | 0.29% | −115−3.5% | Reduced |
| Everpar Advisors LLC | 3,163 | $913.2K | 0.34% | +98+3.2% | Added |
| Signature Estate & Investment Advisors LLC | 3,178 | $917.4K | 0.02% | −19−0.6% | Reduced |
| River Wealth Advisors LLC | 3,200 | $923.9K | 0.10% | 00.0% | Unchanged |
| Patton Albertson Miller Group, LLC | 3,207 | $925.9K | 0.11% | −188−5.5% | Reduced |
| Aull & Monroe Investment Management Corp | 3,209 | $926.5K | 0.46% | 00.0% | Unchanged |
| Exencial Wealth Advisors, LLC | 3,216 | $928.5K | 0.03% | +35+1.1% | Added |
| First Citizens Bank & Trust Co | 3,217 | $928.8K | 0.02% | +11+0.3% | Added |
| Marble Wealth, LLC | 3,220 | $929.8K | 0.13% | +3,220 | New |
| Westbourne Investment Advisors, Inc. | 3,222 | $930.3K | 0.26% | 00.0% | Unchanged |
| ICW Investment Advisors LLC | 3,236 | $934.3K | 0.34% | −16−0.5% | Reduced |
| Summit Financial, LLC | 3,249 | $938.1K | 0.01% | −201−5.8% | Reduced |
| MBL Wealth, LLC | 3,267 | $943.2K | 0.08% | −45−1.4% | Reduced |
| Factorial Partners, LLC | 3,270 | $944.1K | 0.62% | 00.0% | Unchanged |
| Catalyst Financial Partners LLC | 3,280 | $947.0K | 0.11% | +812+32.9% | Added |
| Dearborn Partners LLC | 3,282 | $947.5K | 0.05% | −228−6.5% | Reduced |
| Waldron Private Wealth LLC | 3,297 | $951.9K | 0.04% | −200−5.7% | Reduced |
| Clearbridge Investments, LLC | 3,300 | $952.8K | 0.00% | 00.0% | Unchanged |
| Millstone Evans Group, LLC | 3,327 | $960.6K | 0.57% | −34−1.0% | Reduced |
| ION Fund Management Ltd | 3,335 | $962.9K | 0.12% | +3,335 | New |