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 |
|---|---|---|---|---|---|
| Wolverine Asset Management LLC | 12,700 | $3.67M | 0.05% | +4,650+57.8% | Added |
| Haverford Trust Co | 12,872 | $3.72M | 0.03% | −259−2.0% | Reduced |
| Burke & Herbert Bank & Trust Co | 12,876 | $3.72M | 1.03% | −300−2.3% | Reduced |
| Stock Yards Bank & Trust Co | 12,907 | $3.73M | 0.11% | −483−3.6% | Reduced |
| Texas Yale Capital Corp. | 12,945 | $3.74M | 0.11% | 00.0% | Unchanged |
| Hartford Investment Management Co | 12,998 | $3.75M | 0.11% | −166−1.3% | Reduced |
| FNY Investment Advisers, LLC | 13,000 | $3.75M | 1.07% | +12,900+12,900.0% | Added |
| CWM, LLC | 13,104 | $3.78M | 0.01% | −316−2.4% | Reduced |
| Vaughan David Investments LLC | 13,204 | $3.81M | 0.08% | −147−1.1% | Reduced |
| Flputnam Investment Management Co | 13,221 | $3.82M | 0.06% | −368−2.7% | Reduced |
| Advisory Services Network, LLC | 13,288 | $3.84M | 0.05% | −217−1.6% | Reduced |
| Oak Harbor Wealth Partners, LLC | 13,389 | $3.87M | 0.93% | 00.0% | Unchanged |
| QRG Capital Management, Inc. | 13,431 | $3.88M | 0.04% | +1,555+13.1% | Added |
| Prudential PLC | 13,433 | $3.88M | 0.03% | 00.0% | Unchanged |
| Aptus Capital Advisors, LLC | 13,833 | $3.99M | 0.03% | +335+2.5% | Added |
| Beacon Pointe Advisors, LLC | 13,877 | $4.01M | 0.03% | +2,947+27.0% | Added |
| Concurrent Investment Advisors, LLC | 14,092 | $4.07M | 0.05% | +1,807+14.7% | Added |
| Generali Asset Management SPA SGR | 14,145 | $4.08M | 0.08% | +4,599+48.2% | Added |
| Kentucky Retirement Systems | 14,179 | $4.09M | 0.11% | 00.0% | Unchanged |
| Jain Global LLC | 14,180 | $4.09M | 0.04% | +995+7.5% | Added |
| Advanced Asset Management Advisors Inc | 14,200 | $4.10M | 1.12% | 00.0% | Unchanged |
| Anchor Investment Management, LLC | 14,232 | $4.11M | 0.33% | −146−1.0% | Reduced |
| Aventail Capital Group, LP | 14,242 | $4.11M | 0.24% | −16,107−53.1% | Reduced |
| Verdence Capital Advisors LLC | 14,255 | $4.12M | 0.24% | −30−0.2% | Reduced |
| Allworth Financial LP | 14,391 | $4.15M | 0.02% | +3,043+26.8% | Added |
| Pittenger & Anderson Inc | 14,573 | $4.21M | 0.16% | −18−0.1% | Reduced |
| Fiduciary Trust Co | 14,696 | $4.24M | 0.05% | +745+5.3% | Added |
| Ethic Inc. | 14,853 | $4.29M | 0.07% | +1,445+10.8% | Added |
| Vazirani Asset Management LLC | 15,000 | $4.33M | 26.29% | +2,500+20.0% | Added |
| Hardy Reed LLC | 15,016 | $4.34M | 0.31% | 00.0% | Unchanged |
| Loring Wolcott & Coolidge Fiduciary Advisors LLP | 15,015 | $4.34M | 0.04% | −123−0.8% | Reduced |
| Perigon Wealth Management, LLC | 15,144 | $4.37M | 0.08% | −329−2.1% | Reduced |
| Alpha Omega Wealth Management LLC | 15,186 | $4.38M | 0.73% | −125−0.8% | Reduced |
| Farther Finance Advisors, LLC | 15,214 | $4.39M | 0.05% | +10,843+248.1% | Added |
| CIBC World Markets Inc. | 15,265 | $4.41M | 0.01% | −18,797−55.2% | Reduced |
| IFP Advisors, Inc | 15,318 | $4.42M | 0.10% | −264−1.7% | Reduced |
| Logan Capital Management Inc | 15,325 | $4.42M | 0.19% | −1,100−6.7% | Reduced |
| Cary Street Partners Financial LLC | 15,387 | $4.44M | 0.11% | +844+5.8% | Added |
| Sepio Capital, LP | 15,484 | $4.47M | 0.24% | −600−3.7% | Reduced |
| W.G. Shaheen & Associates DBA Whitney & Co | 15,663 | $4.52M | 0.36% | −8,480−35.1% | Reduced |
| Quantbot Technologies LP | 15,951 | $4.61M | 0.15% | +15,951 | New |
| Central Pacific Bank - Trust Division | 16,353 | $4.72M | 0.58% | −890−5.2% | Reduced |
| Allstate Corp | 16,475 | $4.76M | 0.06% | +8,531+107.4% | Added |
| Mizuho Securities USA LLC | 16,338 | $4.77M | 0.08% | −20.0% | Reduced |
| Highbridge Capital Management LLC | 16,560 | $4.78M | 0.22% | +14,560+728.0% | Added |
| Trust Co of Virginia | 16,734 | $4.83M | 0.39% | −1,669−9.1% | Reduced |
| Smithfield Trust Co | 16,786 | $4.85M | 0.21% | +519+3.2% | Added |
| Kestra Private Wealth Services, LLC | 16,821 | $4.86M | 0.06% | +531+3.3% | Added |
| Wescott Financial Advisory Group, LLC | 16,897 | $4.88M | 0.43% | −1,690−9.1% | Reduced |
| Schroder Investment Management Group | 16,873 | $4.90M | 0.00% | −2,267−11.8% | Reduced |
| Mint Tower Capital Management B.V. | 17,000 | $4.91M | 0.62% | +2,000+13.3% | Added |
| Alpine Global Management, LLC | 17,000 | $4.91M | 1.09% | +4,500+36.0% | Added |
| Hantz Financial Services, Inc. | 17,045 | $4.92M | 0.07% | −583−3.3% | Reduced |
| Signaturefd, LLC | 17,049 | $4.92M | 0.08% | +650+4.0% | Added |
| Andra AP-fonden | 17,240 | $4.98M | 0.06% | +17,240 | New |
| Douglass Winthrop Advisors, LLC | 17,253 | $4.98M | 0.09% | 00.0% | Unchanged |
| Highland Capital Management, LLC | 17,309 | $5.00M | 0.25% | −775−4.3% | Reduced |
| Cherokee Insurance Co | 17,500 | $5.05M | 2.05% | 00.0% | Unchanged |
| Independent Investors Inc | 17,517 | $5.06M | 0.94% | 00.0% | Unchanged |
| CIBRA Capital Ltd | 17,550 | $5.07M | 8.70% | +17,550 | New |
| Atria Investments LLC | 17,600 | $5.08M | 0.06% | −955−5.1% | Reduced |
| Somerset Trust Co | 17,695 | $5.11M | 1.56% | +230+1.3% | Added |
| Teachers Retirement System of the State of Kentucky | 17,742 | $5.12M | 0.04% | 00.0% | Unchanged |
| Baxter Bros Inc | 17,846 | $5.15M | 0.60% | −579−3.1% | Reduced |
| Wealthfront Advisers LLC | 18,099 | $5.23M | 0.01% | +932+5.4% | Added |
| Bessemer Group Inc | 18,143 | $5.24M | 0.01% | +1,458+8.7% | Added |
| Silvercrest Asset Management Group LLC | 18,204 | $5.26M | 0.04% | +95+0.5% | Added |
| Pacer Advisors, Inc. | 18,280 | $5.28M | 0.01% | +24+0.1% | Added |
| New Republic Capital, LLC | 18,752 | $5.41M | 1.44% | +221+1.2% | Added |
| Vestmark Advisory Solutions, Inc. | 18,828 | $5.44M | 0.07% | −2,191−10.4% | Reduced |
| Elo Mutual Pension Insurance Co | 18,912 | $5.46M | 0.08% | +3,769+24.9% | Added |
| Patten & Patten Inc | 18,915 | $5.46M | 0.32% | −690−3.5% | Reduced |
| Canandaigua National Bank & Trust Co | 18,973 | $5.48M | 0.49% | −70−0.4% | Reduced |
| NewEdge Wealth, LLC | 19,003 | $5.49M | 0.06% | +1,006+5.6% | Added |
| KBC Group NV | 19,039 | $5.50M | 0.01% | 00.0% | Unchanged |
| Kestra Advisory Services, LLC | 19,344 | $5.59M | 0.02% | +937+5.1% | Added |
| UniSuper Management Pty Ltd | 19,396 | $5.60M | 0.03% | −885−4.4% | Reduced |
| Athos Capital Ltd | 19,400 | $5.60M | 2.26% | −600−3.0% | Reduced |
| Cullinan Associates Inc | 19,400 | $5.60M | 0.38% | 00.0% | Unchanged |
| Guggenheim Capital LLC | 19,616 | $5.66M | 0.04% | +241+1.2% | Added |
| Yakira Capital Management, Inc. | 19,700 | $5.69M | 1.91% | +4,925+33.3% | Added |
| Private Advisor Group, LLC | 19,706 | $5.69M | 0.03% | −297−1.5% | Reduced |
| ASR Vermogensbeheer N.V. | 19,738 | $5.70M | 0.07% | −163−0.8% | Reduced |
| Jamison Private Wealth Management, Inc. | 19,831 | $5.73M | 0.70% | −140−0.7% | Reduced |
| Burns J W & Co Inc | 19,902 | $5.75M | 0.64% | +95+0.5% | Added |
| Bradley Foster & Sargent Inc | 19,949 | $5.76M | 0.08% | +30.0% | Added |
| Investment Management Corp of Ontario | 20,121 | $5.81M | 0.08% | +8,387+71.5% | Added |
| Tiaa Trust, National Association | 20,434 | $5.90M | 0.01% | −20.0% | Reduced |
| Steward Partners Investment Advisory, LLC | 20,437 | $5.90M | 0.03% | −640−3.0% | Reduced |
| Meridian Investment Counsel Inc. | 20,593 | $5.95M | 1.43% | −450−2.1% | Reduced |
| Warren Averett Asset Management, LLC | 20,797 | $6.00M | 0.05% | +11,237+117.5% | Added |
| Pinebridge Investments LLC | 20,798 | $6.00M | 0.04% | +20,798 | New |
| Huntington National Bank | 21,032 | $6.07M | 0.04% | −544−2.5% | Reduced |
| Bokf, NA | 21,228 | $6.13M | 0.09% | −147−0.7% | Reduced |
| RSM US Wealth Management LLC | 21,175 | $6.14M | 0.08% | −1,671−7.3% | Reduced |
| Estabrook Capital Management | 21,500 | $6.21M | 0.91% | −519−2.4% | Reduced |
| Howe & Rusling Inc | 21,730 | $6.27M | 0.42% | +75+0.3% | Added |
| Rafferty Asset Management, LLC | 21,784 | $6.29M | 0.02% | −81−0.4% | Reduced |
| Thompson Siegel & Walmsley LLC | 22,075 | $6.37M | 0.11% | +70.0% | Added |
| MAI Capital Management | 22,086 | $6.38M | 0.04% | −161−0.7% | Reduced |