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 |
|---|---|---|---|---|---|
| LRT Capital Management, LLC | 5,801 | $1.67M | 1.43% | −357−5.8% | Reduced |
| Dai-Ichi Life Insurance Company, Ltd | 5,811 | $1.68M | 0.04% | 00.0% | Unchanged |
| Valmark Advisers, Inc. | 5,818 | $1.68M | 0.02% | −4−0.1% | Reduced |
| SageView Advisory Group, LLC | 5,829 | $1.68M | 0.06% | −112−1.9% | Reduced |
| Quadrant Capital Group LLC | 5,837 | $1.69M | 0.05% | −21−0.4% | Reduced |
| Umpqua Bank | 5,849 | $1.69M | 0.47% | +125+2.2% | Added |
| Roundview Capital LLC | 5,879 | $1.70M | 0.10% | −246−4.0% | Reduced |
| Forum Financial Management, LP | 5,900 | $1.70M | 0.02% | −12−0.2% | Reduced |
| Kentucky Retirement Systems Insurance Trust Fund | 5,943 | $1.72M | 0.11% | 00.0% | Unchanged |
| Midwest Trust Co | 5,946 | $1.72M | 0.02% | +10+0.2% | Added |
| GAMMA Investing LLC | 5,975 | $1.73M | 0.09% | +118+2.0% | Added |
| Massachusetts Wealth Management | 5,990 | $1.73M | 0.80% | +4+0.1% | Added |
| Benjamin Edwards Inc | 5,992 | $1.73M | 0.02% | +261+4.6% | Added |
| MUFG Securities Americas Inc. | 6,046 | $1.75M | 0.11% | −5−0.1% | Reduced |
| Family Legacy, Inc. | 6,064 | $1.75M | 0.52% | −5−0.1% | Reduced |
| Lineweaver Wealth Advisors, LLC | 6,067 | $1.75M | 0.24% | +508+9.1% | Added |
| Marble Harbor Investment Counsel, LLC | 6,067 | $1.75M | 0.19% | −345−5.4% | Reduced |
| Canada Post Corp Registered Pension Plan | 6,097 | $1.76M | 0.07% | +1,190+24.3% | Added |
| Leavell Investment Management, Inc. | 6,098 | $1.76M | 0.07% | −22−0.4% | Reduced |
| Securian Asset Management, Inc | 6,101 | $1.76M | 0.07% | −4,672−43.4% | Reduced |
| Busey Wealth Management | 6,104 | $1.76M | 0.05% | +29+0.5% | Added |
| Salvus Wealth Management, LLC | 6,187 | $1.79M | 1.00% | +120+2.0% | Added |
| Cannon Global Investment Management, LLC | 6,200 | $1.79M | 4.74% | +400+6.9% | Added |
| Whitener Capital Management, Inc. | 6,217 | $1.79M | 0.41% | −275−4.2% | Reduced |
| Essex Savings Bank | 6,220 | $1.80M | 0.39% | −135−2.1% | Reduced |
| Fortress Investment Group LLC | 6,225 | $1.80M | 0.42% | +6,225 | New |
| Jennison Associates LLC | 6,230 | $1.80M | 0.00% | −2,129−25.5% | Reduced |
| Brady Family Wealth, LLC | 6,238 | $1.80M | 0.56% | 00.0% | Unchanged |
| Westport Asset Management Inc | 6,000 | $1.80M | 0.75% | 00.0% | Unchanged |
| Charter Trust Co | 6,254 | $1.81M | 0.10% | −202−3.1% | Reduced |
| Wills Financial Group LLC | 6,269 | $1.81M | 0.69% | −8−0.1% | Reduced |
| Caldwell Trust Co | 6,341 | $1.83M | 0.16% | −184−2.8% | Reduced |
| Weatherly Asset Management L. P. | 6,372 | $1.84M | 0.14% | −4−0.1% | Reduced |
| Brooks, Moore & Associates, Inc. | 6,381 | $1.84M | 0.91% | +67+1.1% | Added |
| Freestone Capital Holdings, LLC | 6,437 | $1.86M | 0.06% | +30.0% | Added |
| Clifford Swan Investment Counsel LLC | 6,458 | $1.86M | 0.06% | 00.0% | Unchanged |
| Family Investment Center, Inc. | 6,500 | $1.88M | 0.38% | 00.0% | Unchanged |
| Blue Chip Partners, Inc. | 6,512 | $1.88M | 0.14% | −584−8.2% | Reduced |
| ZWJ Investment Counsel Inc | 6,545 | $1.89M | 0.07% | −146−2.2% | Reduced |
| Greenleaf Trust | 6,584 | $1.90M | 0.02% | +30.0% | Added |
| Davis R M Inc | 6,606 | $1.91M | 0.03% | −122−1.8% | Reduced |
| Harold Davidson & Associates Inc. | 6,641 | $1.92M | 0.85% | +106+1.6% | Added |
| SevenBridge Financial Group, LLC | 6,762 | $1.95M | 0.31% | 00.0% | Unchanged |
| Wesbanco Bank Inc | 6,754 | $1.95M | 0.05% | −330−4.7% | Reduced |
| Citizens & Northern Corp | 6,836 | $1.97M | 0.49% | −2,714−28.4% | Reduced |
| RMB Capital Management, LLC | 6,836 | $1.97M | 0.03% | −202−2.9% | Reduced |
| Burney Co | 6,846 | $1.98M | 0.06% | −154−2.2% | Reduced |
| Dynasty Wealth Management, LLC | 6,855 | $1.98M | 0.02% | −20.0% | Reduced |
| Pflug Koory, LLC | 6,861 | $1.98M | 0.92% | −298−4.2% | Reduced |
| Crossmark Global Holdings, Inc. | 6,888 | $1.99M | 0.03% | +1,663+31.8% | Added |
| Banco Bilbao Vizcaya Argentaria, S.A. | 6,903 | $1.99M | 0.01% | +332+5.1% | Added |
| Alps Advisors Inc | 6,912 | $2.00M | 0.01% | −16−0.2% | Reduced |
| IHT Wealth Management, LLC | 6,926 | $2.00M | 0.05% | −647−8.5% | Reduced |
| Dakota Wealth Management | 7,049 | $2.04M | 0.04% | +768+12.2% | Added |
| Metis Global Partners, LLC | 7,124 | $2.06M | 0.05% | −477−6.3% | Reduced |
| CAPROCK Group, Inc. | 7,136 | $2.06M | 0.04% | −1,543−17.8% | Reduced |
| Northwestern Mutual Investment Management Company, LLC | 7,170 | $2.07M | 0.02% | +18+0.3% | Added |
| Park National Corp | 7,177 | $2.07M | 0.06% | −147−2.0% | Reduced |
| Triglav Skladi, D.O.O. | 7,200 | $2.08M | 0.13% | +7,200 | New |
| Intech Investment Management LLC | 7,213 | $2.08M | 0.02% | −5−0.1% | Reduced |
| Colonial Trust Advisors | 7,233 | $2.09M | 0.16% | −69−0.9% | Reduced |
| Prospera Financial Services Inc | 7,265 | $2.10M | 0.03% | +44+0.6% | Added |
| Keel Point, LLC | 7,381 | $2.13M | 0.13% | +31+0.4% | Added |
| Cache Advisors, LLC | 7,409 | $2.14M | 0.26% | 00.0% | Unchanged |
| Sig Brokerage, LP | 7,428 | $2.14M | 0.72% | +726+10.8% | Added |
| Valeo Financial Advisors, LLC | 7,434 | $2.15M | 0.05% | −10.0% | Reduced |
| First Commonwealth Financial Corp | 7,449 | $2.15M | 0.35% | 00.0% | Unchanged |
| Hutner Capital Management Inc | 7,454 | $2.15M | 0.90% | 00.0% | Unchanged |
| Heritage Trust Co | 7,485 | $2.16M | 0.22% | +2,195+41.5% | Added |
| Patten Group, Inc. | 7,545 | $2.18M | 0.40% | −55−0.7% | Reduced |
| Ritholtz Wealth Management | 7,563 | $2.18M | 0.04% | +358+5.0% | Added |
| Tokio Marine Asset Management Co Ltd | 7,587 | $2.19M | 0.08% | +107+1.4% | Added |
| Summit Trail Advisors, LLC | 7,611 | $2.20M | 0.04% | +1,355+21.7% | Added |
| E. Ohman J:or Asset Management AB | 7,637 | $2.20M | 0.05% | +4,737+163.3% | Added |
| Cape Cod Five Cents Savings Bank | 8,878 | $2.21M | 0.20% | 00.0% | Unchanged |
| J.W. Cole Advisors, Inc. | 7,990 | $2.21M | 0.05% | −2,282−22.2% | Reduced |
| Modera Wealth Management, LLC | 7,656 | $2.21M | 0.03% | +9+0.1% | Added |
| Inlet Private Wealth, LLC | 7,700 | $2.22M | 0.52% | 00.0% | Unchanged |
| Independent Advisor Alliance | 7,709 | $2.23M | 0.05% | +63+0.8% | Added |
| North Dakota State Investment Board | 7,747 | $2.24M | 0.08% | +7,747 | New |
| Phoenix Holdings Ltd. | 7,776 | $2.25M | 0.02% | +287+3.8% | Added |
| TD Waterhouse Canada Inc. | 7,791 | $2.25M | 0.01% | −11−0.1% | Reduced |
| Ronald Blue Trust, Inc. | 7,806 | $2.25M | 0.03% | −1,148−12.8% | Reduced |
| Fruth Investment Management | 7,808 | $2.25M | 0.61% | −150−1.9% | Reduced |
| Advisor OS, LLC | 7,825 | $2.26M | 0.18% | +6,138+363.8% | Added |
| Empirical Finance, LLC | 7,867 | $2.27M | 0.11% | −321−3.9% | Reduced |
| Partnership Wealth Management, LLC | 8,035 | $2.32M | 1.67% | 00.0% | Unchanged |
| Nilsine Partners, LLC | 8,089 | $2.34M | 0.20% | +131+1.6% | Added |
| Home Federal Bank of Tennessee | 8,092 | $2.34M | 0.61% | 00.0% | Unchanged |
| Anchyra Partners LLC | 8,104 | $2.34M | 0.72% | +8,104 | New |
| Omers Administration Corp | 8,119 | $2.34M | 0.02% | 00.0% | Unchanged |
| Argent Trust Co | 8,132 | $2.35M | 0.08% | −151−1.8% | Reduced |
| Daymark Wealth Partners, LLC | 8,136 | $2.35M | 0.07% | −69−0.8% | Reduced |
| Diametric Capital, LP | 8,143 | $2.35M | 0.63% | +362+4.7% | Added |
| Romano Brothers and Company | 8,236 | $2.38M | 0.27% | −75−0.9% | Reduced |
| Jacobi Capital Management LLC | 8,263 | $2.39M | 0.14% | −20.0% | Reduced |
| Ascent Group, LLC | 8,291 | $2.39M | 0.08% | +11+0.1% | Added |
| Atom Investors LP | 8,330 | $2.41M | 0.19% | +6,987+520.3% | Added |
| Tower Bridge Advisors | 8,338 | $2.41M | 0.24% | 00.0% | Unchanged |
| Nicholas Hoffman & Company, LLC. | 8,359 | $2.41M | 0.06% | −20.0% | Reduced |