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 |
|---|---|---|---|---|---|
| Anchor Capital Advisors LLC | 3,347 | $966.3K | 0.03% | −1,258−27.3% | Reduced |
| Tema ETFs LLC | 3,358 | $969.5K | 0.08% | −8−0.2% | Reduced |
| FineMark National Bank & Trust | 3,363 | $971.0K | 0.03% | −177−5.0% | Reduced |
| Kovack Advisors, Inc. | 3,365 | $971.6K | 0.05% | +2,488+283.7% | Added |
| Integrated Advisors Network LLC | 3,394 | $980.0K | 0.04% | −261−7.1% | Reduced |
| Allegheny Financial Group LTD | 3,408 | $984.0K | 0.15% | +4+0.1% | Added |
| Financial Sense Advisors, Inc. | 3,420 | $987.4K | 0.18% | 00.0% | Unchanged |
| Searle & Co. | 3,422 | $988.0K | 0.25% | 00.0% | Unchanged |
| Wedgewood Investors Inc | 3,425 | $988.9K | 1.13% | −200−5.5% | Reduced |
| Great Lakes Advisors, LLC | 3,429 | $989.9K | 0.01% | −22−0.6% | Reduced |
| Malaga Cove Capital, LLC | 3,430 | $990.3K | 0.34% | −4−0.1% | Reduced |
| Tull Financial Group, Inc. | 3,485 | $1.01M | 0.43% | −20−0.6% | Reduced |
| Pekin Hardy Strauss, Inc. | 3,493 | $1.01M | 0.09% | +2,501+252.1% | Added |
| Inscription Capital, LLC | 3,496 | $1.01M | 0.10% | +10.0% | Added |
| Pallas Capital Advisors LLC | 3,496 | $1.01M | 0.03% | +63+1.8% | Added |
| Pincus Capital Management, LP | 3,500 | $1.01M | 0.67% | +3,500 | New |
| Dorsey & Whitney Trust CO LLC | 3,504 | $1.01M | 0.05% | −1,937−35.6% | Reduced |
| Evermay Wealth Management LLC | 3,505 | $1.01M | 0.11% | −30−0.8% | Reduced |
| Cottage Street Advisors LLC | 3,505 | $1.01M | 0.43% | +5+0.1% | Added |
| Rodgers Brothers Inc. | 3,509 | $1.01M | 0.12% | 00.0% | Unchanged |
| Mitchell McLeod Pugh & Williams Inc | 3,309 | $1.01M | 0.14% | 00.0% | Unchanged |
| Athena Investment Management | 3,543 | $1.02M | 0.52% | 00.0% | Unchanged |
| IFG Advisory, LLC | 3,545 | $1.02M | 0.04% | +50+1.4% | Added |
| Shayne & Co., LLC | 3,546 | $1.02M | 0.31% | 00.0% | Unchanged |
| Chicago Trust Co NA | 3,558 | $1.03M | 0.16% | −213−5.6% | Reduced |
| Key Financial Inc | 3,583 | $1.03M | 0.19% | 00.0% | Unchanged |
| Probity Advisors, Inc. | 3,592 | $1.04M | 0.17% | −285−7.4% | Reduced |
| Financial Security Advisor, Inc. | 3,598 | $1.04M | 0.20% | +2+0.1% | Added |
| Paradigm Asset Management Co LLC | 3,600 | $1.04M | 0.24% | −200−5.3% | Reduced |
| Horizon Investments, LLC | 3,605 | $1.04M | 0.01% | −2,788−43.6% | Reduced |
| Quadcap Wealth Management, LLC | 3,625 | $1.05M | 0.12% | +70+2.0% | Added |
| Wealthcare Advisory Partners LLC | 3,629 | $1.05M | 0.02% | −81−2.2% | Reduced |
| Schulhoff & Co Inc | 3,635 | $1.05M | 0.44% | 00.0% | Unchanged |
| Aventura Private Wealth, LLC | 3,660 | $1.06M | 0.38% | −68−1.8% | Reduced |
| Bollard Group LLC | 3,661 | $1.06M | 0.03% | 00.0% | Unchanged |
| Park Place Capital Corp | 3,668 | $1.06M | 0.22% | 00.0% | Unchanged |
| Catalytic Wealth RIA, LLC | 3,679 | $1.06M | 0.04% | −3,688−50.1% | Reduced |
| North Star Asset Management Inc | 3,679 | $1.06M | 0.04% | −25−0.7% | Reduced |
| Mutual Advisors, LLC | 3,687 | $1.06M | 0.02% | +29+0.8% | Added |
| Cyndeo Wealth Partners, LLC | 3,691 | $1.07M | 0.06% | 00.0% | Unchanged |
| Philadelphia Trust Co | 3,696 | $1.07M | 0.07% | 00.0% | Unchanged |
| Syon Capital LLC | 3,697 | $1.07M | 0.05% | −14−0.4% | Reduced |
| Navellier & Associates Inc | 3,700 | $1.07M | 0.12% | 00.0% | Unchanged |
| Firestone Capital Management | 3,715 | $1.07M | 0.23% | 00.0% | Unchanged |
| Acropolis Investment Management, LLC | 3,725 | $1.08M | 0.05% | −20−0.5% | Reduced |
| Fayez Sarofim & Co | 3,748 | $1.08M | 0.00% | −150−3.8% | Reduced |
| Broderick Brian C | 3,750 | $1.08M | 0.20% | 00.0% | Unchanged |
| SRS Capital Advisors, Inc. | 3,778 | $1.09M | 0.03% | −3,020−44.4% | Reduced |
| Foundations Investment Advisors, LLC | 3,787 | $1.09M | 0.01% | −30−0.8% | Reduced |
| HORAN Wealth, LLC | 3,803 | $1.10M | 0.17% | +5+0.1% | Added |
| Guyasuta Investment Advisors Inc | 3,817 | $1.10M | 0.06% | −7−0.2% | Reduced |
| Hilton Head Capital Partners, LLC | 3,824 | $1.10M | 0.65% | +3,824 | New |
| Advyzon Investment Management, LLC | 3,827 | $1.10M | 0.13% | +2,436+175.1% | Added |
| Personal Cfo Solutions, LLC | 3,846 | $1.11M | 0.18% | −482−11.1% | Reduced |
| Siemens Fonds Invest GmbH | 3,829 | $1.11M | 0.06% | −480−11.1% | Reduced |
| Pathway Financial Advisers, LLC | 3,849 | $1.11M | 0.32% | −82−2.1% | Reduced |
| Saturna Capital CORP | 3,860 | $1.11M | 0.01% | −80−2.0% | Reduced |
| Fifth Third Wealth Advisors LLC | 3,861 | $1.11M | 0.04% | −59−1.5% | Reduced |
| Aurora Private Wealth, Inc. | 3,870 | $1.12M | 0.73% | +3,870 | New |
| New Hampshire Trust | 3,870 | $1.12M | 0.22% | −71−1.8% | Reduced |
| Capital International Inc | 3,871 | $1.12M | 0.01% | −278−6.7% | Reduced |
| Raiffeisen Bank International AG | 3,861 | $1.12M | 0.01% | −219−5.4% | Reduced |
| Envestnet Portfolio Solutions, Inc. | 3,894 | $1.12M | 0.00% | +119+3.2% | Added |
| Wedmont Private Capital | 3,964 | $1.13M | 0.04% | +76+2.0% | Added |
| VeraBank, N.A. | 3,905 | $1.13M | 0.21% | 00.0% | Unchanged |
| Advisors Asset Management, Inc. | 3,919 | $1.13M | 0.02% | −8,022−67.2% | Reduced |
| Ark Wealth Advisors LLC | 3,924 | $1.13M | 1.22% | +3,924 | New |
| Guardian Wealth Advisors, LLC | 3,925 | $1.13M | 0.07% | +459+13.2% | Added |
| Pinnacle West Asset Management, Inc. | 3,940 | $1.14M | 0.74% | −95−2.4% | Reduced |
| Delaney Dennis R | 3,953 | $1.14M | 0.57% | 00.0% | Unchanged |
| Pullen Investment Management, LLC | 3,959 | $1.14M | 0.60% | −34−0.9% | Reduced |
| Alliance Wealth Strategies, LLC d/b/a Brown Edwards Wealth Strategies | 3,968 | $1.15M | 1.07% | +3,968 | New |
| Aldebaran Financial Inc. | 3,968 | $1.15M | 1.07% | 00.0% | Unchanged |
| CSS LLC | 3,991 | $1.15M | 0.07% | +1,491+59.6% | Added |
| Vise Technologies, Inc. | 3,993 | $1.15M | 0.02% | +2,036+104.0% | Added |
| Credit Industriel Et Commercial | 4,000 | $1.15M | 0.17% | +4,000 | New |
| Spirepoint Private Client, LLC | 4,020 | $1.16M | 0.11% | 00.0% | Unchanged |
| Wendell David Associates Inc | 4,025 | $1.16M | 0.12% | 00.0% | Unchanged |
| Independence Bank of Kentucky | 4,037 | $1.17M | 0.14% | −292−6.7% | Reduced |
| Ridgecrest Wealth Partners, LLC | 4,060 | $1.17M | 0.64% | 00.0% | Unchanged |
| TCW Group Inc | 4,070 | $1.18M | 0.01% | +4,070 | New |
| Werlinich Asset Management, LLC | 4,059 | $1.18M | 0.58% | 00.0% | Unchanged |
| Moneta Group Investment Advisors LLC | 4,082 | $1.18M | 0.01% | −340−7.7% | Reduced |
| National Asset Management, Inc. | 4,086 | $1.18M | 0.06% | −14−0.3% | Reduced |
| Brookstone Capital Management | 4,091 | $1.18M | 0.01% | +393+10.6% | Added |
| St. Clair Advisors, LLC | 4,097 | $1.18M | 0.31% | 00.0% | Unchanged |
| Tower Trust & Investment Co | 4,138 | $1.19M | 0.75% | −616−13.0% | Reduced |
| Venture Visionary Partners LLC | 4,162 | $1.20M | 0.04% | −147−3.4% | Reduced |
| First PREMIER Bank | 4,174 | $1.21M | 0.28% | −34−0.8% | Reduced |
| RiverFront Investment Group, LLC | 4,174 | $1.21M | 0.02% | +1,233+41.9% | Added |
| CoreFirst Bank & Trust | 4,182 | $1.21M | 0.65% | −603−12.6% | Reduced |
| Salem Investment Counselors Inc | 4,184 | $1.21M | 0.03% | +214+5.4% | Added |
| Trueblood Wealth Management, LLC | 4,192 | $1.21M | 0.47% | 00.0% | Unchanged |
| Parallel Advisors, LLC | 4,200 | $1.21M | 0.02% | +160+4.0% | Added |
| WBH Advisory Inc | 4,226 | $1.22M | 0.09% | −69−1.6% | Reduced |
| Sagewood Asset Management LP | 4,245 | $1.23M | 0.44% | +4,245 | New |
| AMG National Trust Bank | 4,269 | $1.23M | 0.03% | +5+0.1% | Added |
| Schnieders Capital Management, LLC. | 4,275 | $1.23M | 0.19% | 00.0% | Unchanged |
| DAGCO, Inc. | 4,279 | $1.24M | 0.29% | +10.0% | Added |
| Principal Securities, Inc. | 4,279 | $1.24M | 0.02% | −311−6.8% | Reduced |