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 |
|---|---|---|---|---|---|
| Harbour Investment Management LLC | 8,436 | $2.44M | 1.29% | −2,958−26.0% | Reduced |
| HM Payson & Co | 8,451 | $2.44M | 0.03% | 00.0% | Unchanged |
| Boston Family Office LLC | 8,473 | $2.45M | 0.16% | 00.0% | Unchanged |
| Lido Advisors, LLC | 8,237 | $2.45M | 0.01% | −155−1.8% | Reduced |
| Aigen Investment Management, LP | 8,558 | $2.47M | 0.57% | −6,386−42.7% | Reduced |
| Fiduciary Group LLC | 8,564 | $2.47M | 0.21% | −26−0.3% | Reduced |
| MTM Investment Management, LLC | 8,587 | $2.48M | 0.79% | +10.0% | Added |
| Montag A & Associates Inc | 8,604 | $2.48M | 0.11% | 00.0% | Unchanged |
| Vident Advisory, LLC | 8,659 | $2.50M | 0.02% | +1,040+13.7% | Added |
| Hancock Whitney Corp | 8,696 | $2.51M | 0.05% | −100−1.1% | Reduced |
| Banque Cantonale Vaudoise | 8,737 | $2.52M | 0.09% | +1,642+23.1% | Added |
| Sanibel Captiva Trust Company, Inc. | 8,805 | $2.54M | 0.07% | −59−0.7% | Reduced |
| Dana Investment Advisors, Inc. | 8,896 | $2.57M | 0.07% | −13,762−60.7% | Reduced |
| Fisher Funds Management LTD | 8,885 | $2.57M | 0.07% | 00.0% | Unchanged |
| ZEGA Investments, LLC | 8,934 | $2.58M | 0.50% | 00.0% | Unchanged |
| Prime Capital Investment Advisors, LLC | 8,972 | $2.59M | 0.03% | +148+1.7% | Added |
| GAM Holding AG | 9,000 | $2.60M | 0.17% | +9,000 | New |
| Naples Global Advisors, LLC | 9,028 | $2.61M | 0.19% | −30.0% | Reduced |
| Laird Norton Trust Company, LLC | 9,038 | $2.61M | 0.05% | +9,038 | New |
| Brown Brothers Harriman & Co | 9,049 | $2.61M | 0.01% | +139+1.6% | Added |
| Bahl & Gaynor Inc | 9,086 | $2.62M | 0.01% | 00.0% | Unchanged |
| Kingsview Wealth Management, LLC | 9,107 | $2.63M | 0.04% | −208−2.2% | Reduced |
| Tower Research Capital LLC (TRC) | 9,123 | $2.63M | 0.06% | +2,715+42.4% | Added |
| Mill Capital Management, LLC | 9,138 | $2.64M | 0.19% | 00.0% | Unchanged |
| Snowden Capital Advisors LLC | 9,141 | $2.64M | 0.07% | −80−0.9% | Reduced |
| Campbell Newman Asset Management Inc | 9,165 | $2.65M | 0.19% | 00.0% | Unchanged |
| MUFG Securities EMEA plc | 9,208 | $2.66M | 0.03% | +4,914+114.4% | Added |
| United Capital Financial Advisers, LLC | 9,208 | $2.66M | 0.02% | +186+2.1% | Added |
| Koshinski Asset Management, Inc. | 9,295 | $2.68M | 0.17% | +147+1.6% | Added |
| Kentucky Trust Co | 9,295 | $2.68M | 1.42% | −217−2.3% | Reduced |
| Partners in Financial Planning | 9,376 | $2.71M | 0.46% | −7−0.1% | Reduced |
| Empire Financial Management Company, LLC | 9,393 | $2.71M | 0.59% | −10−0.1% | Reduced |
| AG2R la Mondiale Gestion D'Actifs | 9,479 | $2.74M | 0.12% | +557+6.2% | Added |
| Beese Fulmer Investment Management, Inc. | 9,514 | $2.75M | 0.18% | −769−7.5% | Reduced |
| Financial Network Wealth Management LLC | 9,586 | $2.77M | 0.85% | 00.0% | Unchanged |
| Virtu Financial LLC | 9,624 | $2.78M | 0.11% | +7,179+293.6% | Added |
| Community Trust & Investment Co | 9,622 | $2.78M | 0.15% | 00.0% | Unchanged |
| Stephens Inc | 9,679 | $2.79M | 0.03% | +365+3.9% | Added |
| BI Asset Management Fondsmaeglerselskab A/S | 9,702 | $2.80M | 0.02% | −89−0.9% | Reduced |
| Fox Hill Wealth Management | 9,791 | $2.83M | 1.31% | −30.0% | Reduced |
| EdgePoint Investment Group Inc. | 9,831 | $2.84M | 0.02% | −5,500−35.9% | Reduced |
| Glazer Capital, LLC | 9,836 | $2.84M | 0.07% | +9,836 | New |
| HHM Wealth Advisors, LLC | 9,856 | $2.85M | 0.34% | +9+0.1% | Added |
| Beverly Hills Private Wealth, LLC | 9,898 | $2.86M | 0.49% | −15−0.2% | Reduced |
| HGC Investment Management Inc. | 10,000 | $2.89M | 0.61% | +10,000 | New |
| Delta Capital Management LLC | 10,010 | $2.89M | 1.62% | −1,500−13.0% | Reduced |
| Nordwand Advisors, LLC | 10,075 | $2.91M | 0.51% | −20−0.2% | Reduced |
| Massar Capital Management, LP | 10,100 | $2.92M | 0.57% | +10,100 | New |
| Resources Investment Advisors, LLC. | 10,120 | $2.92M | 0.03% | −87−0.9% | Reduced |
| EP Wealth Advisors, LLC | 10,132 | $2.93M | 0.02% | +10,132 | New |
| Thrivent Financial for Lutherans | 10,153 | $2.93M | 0.01% | +160+1.6% | Added |
| Gold Investment Management Ltd. | 10,173 | $2.94M | 0.94% | +202+2.0% | Added |
| Stratos Wealth Partners, LTD. | 10,185 | $2.94M | 0.03% | +1,960+23.8% | Added |
| St. Nicholas Private Asset Management, Inc | 10,210 | $2.95M | 2.64% | −300−2.9% | Reduced |
| 3Chopt Investment Partners, LLC | 10,365 | $2.99M | 0.67% | −123−1.2% | Reduced |
| New Mexico Educational Retirement Board | 10,376 | $3.00M | 0.09% | +200+2.0% | Added |
| Apollon Wealth Management, LLC | 10,398 | $3.00M | 0.05% | +903+9.5% | Added |
| Norinchukin Bank, The | 10,420 | $3.01M | 0.04% | +177+1.7% | Added |
| Farmers & Merchants Investments Inc | 10,480 | $3.03M | 0.08% | −750−6.7% | Reduced |
| Murphy Pohlad Asset Management LLC | 10,500 | $3.03M | 1.16% | 00.0% | Unchanged |
| Federation des caisses Desjardins du Quebec | 10,529 | $3.04M | 0.01% | +1,832+21.1% | Added |
| Abn Amro Investment Solutions | 10,571 | $3.05M | 0.05% | +7,517+246.1% | Added |
| Allspring Global Investments Holdings, LLC | 10,687 | $3.08M | 0.00% | +265+2.5% | Added |
| Community Bank & Trust, Waco, Texas | 10,701 | $3.09M | 0.63% | −243−2.2% | Reduced |
| West Paces Advisors Inc. | 10,746 | $3.10M | 0.60% | +25+0.2% | Added |
| Principle Wealth Partners LLC | 10,784 | $3.11M | 0.18% | 00.0% | Unchanged |
| K2 Principal Fund, L.P. | 10,800 | $3.12M | 0.32% | +9,900+1,100.0% | Added |
| Rothschild Investment LLC | 10,829 | $3.13M | 0.17% | +12+0.1% | Added |
| Savant Capital, LLC | 10,968 | $3.17M | 0.02% | +5,932+117.8% | Added |
| Midwest Professional Planners, LTD. | 10,983 | $3.17M | 0.75% | +505+4.8% | Added |
| Old Second National Bank of Aurora | 11,079 | $3.20M | 0.64% | +11+0.1% | Added |
| HighPoint Advisor Group LLC | 11,104 | $3.21M | 0.07% | +3,241+41.2% | Added |
| Oak Asset Management, LLC | 11,180 | $3.23M | 1.10% | −45−0.4% | Reduced |
| Roberts Glore & Co Inc | 11,189 | $3.23M | 0.86% | 00.0% | Unchanged |
| Shelton Capital Management | 11,221 | $3.24M | 0.06% | +10,000+819.0% | Added |
| Y-Intercept (Hong Kong) Ltd | 11,245 | $3.25M | 0.07% | +11,245 | New |
| B. Metzler seel. Sohn & Co. AG | 11,274 | $3.26M | 0.03% | +626+5.9% | Added |
| BancorpSouth Bank | 11,316 | $3.27M | 0.19% | +47+0.4% | Added |
| Maryland State Retirement & Pension System | 11,363 | $3.28M | 0.07% | 00.0% | Unchanged |
| Gulf International Bank (UK) Ltd | 11,414 | $3.29M | 0.11% | +8+0.1% | Added |
| AE Wealth Management LLC | 11,428 | $3.30M | 0.02% | +796+7.5% | Added |
| Louisiana State Employees Retirement System | 11,500 | $3.32M | 0.06% | −300−2.5% | Reduced |
| Rossmore Private Capital | 11,502 | $3.32M | 0.30% | +2,595+29.1% | Added |
| United Bank | 11,576 | $3.34M | 1.13% | +470+4.2% | Added |
| Cullen/Frost Bankers, Inc. | 11,711 | $3.38M | 0.04% | −97−0.8% | Reduced |
| Oppenheimer & Co Inc | 11,883 | $3.43M | 0.05% | +47+0.4% | Added |
| Inkwell Capital LLC | 11,884 | $3.43M | 3.49% | −128−1.1% | Reduced |
| Umb Bank N A | 11,885 | $3.43M | 0.05% | +1,720+16.9% | Added |
| Merit Financial Group, LLC | 12,028 | $3.47M | 0.03% | +750+6.7% | Added |
| Citizens National Bank Trust Department | 12,185 | $3.52M | 0.61% | −25−0.2% | Reduced |
| DLD Asset Management, LP | 12,189 | $3.52M | 0.37% | +8,795+259.1% | Added |
| Ancora Advisors, LLC | 12,273 | $3.54M | 0.07% | −818,015−98.5% | Reduced |
| Simplex Trading, LLC | 12,319 | $3.56M | 0.10% | +3,407+38.2% | Added |
| Hills Bank & Trust Co | 12,421 | $3.59M | 0.21% | −707−5.4% | Reduced |
| Barbara Oil Co. | 12,500 | $3.61M | 1.34% | 00.0% | Unchanged |
| Pensionmark Financial Group, LLC | 12,516 | $3.61M | 0.06% | +402+3.3% | Added |
| Pinnacle Associates Ltd | 12,516 | $3.61M | 0.05% | −46−0.4% | Reduced |
| Axxcess Wealth Management, LLC | 12,520 | $3.61M | 0.06% | −681−5.2% | Reduced |
| Central Trust Co | 12,542 | $3.62M | 0.07% | −211−1.7% | Reduced |
| Old Point Trust & Financial Services N A | 12,692 | $3.66M | 1.14% | −307−2.4% | Reduced |