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 |
|---|---|---|---|---|---|
| Forsta Ap-Fonden | 44,160 | $12.7M | 0.08% | −2,040−4.4% | Reduced |
| Bryn Mawr Trust Co | 44,242 | $12.8M | 0.30% | −963−2.1% | Reduced |
| CIBC Private Wealth Group, LLC | 44,563 | $12.9M | 0.02% | +864+2.0% | Added |
| GWM Advisors LLC | 44,675 | $12.9M | 0.05% | +20,847+87.5% | Added |
| Polar Asset Management Partners Inc. | 45,000 | $13.0M | 0.26% | +45,000 | New |
| ProShare Advisors LLC | 45,120 | $13.0M | 0.02% | +3,273+7.8% | Added |
| Atlantic Union Bankshares Corp | 47,300 | $13.7M | 0.26% | +2,170+4.8% | Added |
| Varma Mutual Pension Insurance Co | 47,630 | $13.8M | 0.08% | +220+0.5% | Added |
| Retirement Systems of Alabama | 47,734 | $13.8M | 0.04% | −124−0.3% | Reduced |
| DnB Asset Management AS | 48,089 | $13.9M | 0.05% | −5,912−10.9% | Reduced |
| Wiley Bros.-Aintree Capital, LLC | 48,272 | $13.9M | 0.07% | +5,729+13.5% | Added |
| Prelude Capital Management, LLC | 48,808 | $14.1M | 1.04% | +6,779+16.1% | Added |
| Dillon & Associates Inc | 48,855 | $14.1M | 1.82% | +563+1.2% | Added |
| Slotnik Capital, LLC | 49,811 | $14.4M | 3.94% | −49,389−49.8% | Reduced |
| Capula Management Ltd | 50,000 | $14.4M | 0.09% | +50,000 | New |
| Kanawha Capital Management LLC | 50,405 | $14.6M | 1.00% | −466−0.9% | Reduced |
| Gabelli & Co Investment Advisers, Inc. | 50,620 | $14.6M | 2.20% | +16,720+49.3% | Added |
| Gabelli Funds LLC | 51,112 | $14.8M | 0.10% | +18,012+54.4% | Added |
| Mercer Global Advisors Inc | 51,865 | $15.0M | 0.02% | −313−0.6% | Reduced |
| Fjarde Ap-Fonden /Fourth Swedish National Pension Fund | 52,712 | $15.2M | 0.13% | −3,200−5.7% | Reduced |
| Versor Investments LP | 53,663 | $15.5M | 2.41% | +6,146+12.9% | Added |
| MetLife Investment Management | 53,816 | $15.5M | 0.08% | −1,875−3.4% | Reduced |
| BNP PARIBAS ASSET MANAGEMENT Holding S.A. | 54,098 | $15.6M | 0.02% | +27,675+104.7% | Added |
| Davidson Investment Advisors | 54,626 | $15.8M | 0.66% | −598−1.1% | Reduced |
| IFM Investors Pty Ltd | 55,733 | $16.1M | 0.13% | −544−1.0% | Reduced |
| Rockefeller Capital Management L.P. | 56,472 | $16.3M | 0.03% | +832+1.5% | Added |
| Skandinaviska Enskilda Banken AB (publ) | 56,622 | $16.3M | 0.07% | +6,657+13.3% | Added |
| Kimelman & Baird, LLC | 56,880 | $16.4M | 1.26% | 00.0% | Unchanged |
| SCS Capital Management LLC | 57,016 | $16.5M | 0.17% | −73−0.1% | Reduced |
| CIBC Asset Management Inc | 57,600 | $16.6M | 0.04% | +20,904+57.0% | Added |
| Healthcare of Ontario Pension Plan Trust Fund | 57,620 | $16.6M | 0.03% | −5,011−8.0% | Reduced |
| Skylands Capital, LLC | 57,880 | $16.7M | 2.27% | −1,800−3.0% | Reduced |
| Brevan Howard Capital Management LP | 58,018 | $16.8M | 0.32% | +42,605+276.4% | Added |
| State of Michigan Retirement System | 58,790 | $17.0M | 0.08% | −1,900−3.1% | Reduced |
| Czech National Bank | 59,167 | $17.1M | 0.11% | +2,185+3.8% | Added |
| Victory Capital Management Inc | 60,342 | $17.4M | 0.01% | −16,907−21.9% | Reduced |
| Ofi Invest Asset Management | 71,300 | $17.5M | 0.25% | +71,300 | New |
| Richard C. Young & CO., LTD. | 61,328 | $17.7M | 1.59% | −1,273−2.0% | Reduced |
| Brown Advisory Inc | 62,059 | $17.9M | 0.02% | −2,367−3.7% | Reduced |
| Advisor Group Holdings, Inc. | 62,492 | $18.1M | 0.03% | +10,453+20.1% | Added |
| Lowe Brockenbrough & Co Inc | 63,109 | $18.2M | 0.90% | +60.0% | Added |
| Arizona State Retirement System | 63,247 | $18.3M | 0.10% | −2,584−3.9% | Reduced |
| STRS Ohio | 64,676 | $18.7M | 0.07% | +11,439+21.5% | Added |
| P Schoenfeld Asset Management LP | 64,700 | $18.7M | 9.16% | +45,000+228.4% | Added |
| Public Sector Pension Investment Board | 64,870 | $18.7M | 0.06% | +45,497+234.8% | Added |
| Oddo BHF Asset Management SAS | 65,000 | $18.8M | 0.70% | +57,500+766.7% | Added |
| New York Life Investment Management LLC | 65,764 | $19.0M | 0.16% | +1,629+2.5% | Added |
| Comerica Bank | 67,235 | $19.4M | 0.08% | −6,620−9.0% | Reduced |
| Van Eck Associates Corp | 69,307 | $20.0M | 0.02% | +4,238+6.5% | Added |
| Bartlett & Co. Wealth Management LLC | 69,414 | $20.0M | 0.26% | −438−0.6% | Reduced |
| Greenland Capital Management LP | 69,453 | $20.1M | 2.90% | +33,895+95.3% | Added |
| Wealth Enhancement Advisory Services, LLC | 68,259 | $20.1M | 0.03% | −1,552−2.2% | Reduced |
| NorthCrest Asset Manangement, LLC | 70,066 | $20.2M | 0.45% | +65+0.1% | Added |
| Resona Asset Management Co.,Ltd. | 70,408 | $20.4M | 0.10% | +346+0.5% | Added |
| DekaBank Deutsche Girozentrale | 79,305 | $20.7M | 0.04% | 00.0% | Unchanged |
| Zurcher Kantonalbank (Zurich Cantonalbank) | 71,717 | $20.7M | 0.04% | +17,273+31.7% | Added |
| Lansforsakringar Fondforvaltning AB (publ) | 71,846 | $20.7M | 0.10% | +534+0.7% | Added |
| ING Groep NV | 72,899 | $21.0M | 0.13% | +43,895+151.3% | Added |
| State of New Jersey Common Pension Fund D | 76,001 | $21.9M | 0.08% | −2,223−2.8% | Reduced |
| Nomura Asset Management Co Ltd | 76,958 | $22.2M | 0.06% | +1,900+2.5% | Added |
| State of Tennessee, Treasury Department | 76,445 | $22.3M | 0.07% | −15,086−16.5% | Reduced |
| Creative Planning | 77,912 | $22.5M | 0.02% | +4,239+5.8% | Added |
| Sequoia Financial Advisors, LLC | 77,915 | $22.5M | 0.13% | +1,415+1.8% | Added |
| Harvest Management LLC | 78,300 | $22.6M | 8.37% | +11,900+17.9% | Added |
| Caxton Associates LLP | 79,000 | $22.8M | 0.45% | +31,000+64.6% | Added |
| Cetera Investment Advisers | 79,229 | $22.9M | 0.03% | +977+1.2% | Added |
| One Fin Capital Management LP | 80,000 | $23.1M | 8.06% | +80,000 | New |
| Whittier Trust Co of Nevada Inc | 79,607 | $23.2M | 0.48% | −247−0.3% | Reduced |
| Taylor Financial Group, Inc. | 82,278 | $23.8M | 13.96% | −239−0.3% | Reduced |
| SummitTX Capital, L.P. | 82,692 | $23.9M | 0.72% | +22,620+37.7% | Added |
| KLP Kapitalforvaltning AS | 82,893 | $23.9M | 0.09% | −320−0.4% | Reduced |
| Universal- Beteiligungs- und Servicegesellschaft mbH | 84,025 | $24.2M | 0.04% | −9,787−10.4% | Reduced |
| Sand Grove Capital Management LLP | 84,786 | $24.5M | 8.30% | +394+0.5% | Added |
| SG Americas Securities, LLC | 85,564 | $24.7M | 0.03% | +79,543+1,321.1% | Added |
| TD Asset Management Inc | 85,721 | $24.7M | 0.02% | +2,707+3.3% | Added |
| Grantham, Mayo, Van Otterloo & Co. LLC | 86,720 | $25.0M | 0.06% | +27,686+46.9% | Added |
| Zurich Insurance Group Ltd | 89,569 | $25.9M | 0.18% | +81,969+1,078.5% | Added |
| Waters Parkerson & Co., LLC | 89,929 | $26.0M | 1.28% | −208−0.2% | Reduced |
| Picton Mahoney Asset Management | 90,000 | $26.0M | 0.28% | +10,000+12.5% | Added |
| Stifel Financial Corp | 90,351 | $26.1M | 0.02% | −31,214−25.7% | Reduced |
| Gotham Asset Management, LLC | 90,407 | $26.1M | 0.10% | +24,527+37.2% | Added |
| Public Employees Retirement System of Ohio | 90,694 | $26.2M | 0.08% | +481+0.5% | Added |
| Mitsubishi UFJ Trust & Banking Corp | 91,080 | $26.3M | 0.06% | −641,895−87.6% | Reduced |
| CI Private Wealth, LLC | 92,032 | $26.6M | 0.04% | +4,926+5.7% | Added |
| PSquared Asset Management AG | 92,063 | $26.6M | 12.44% | +92,063 | New |
| Allianz Asset Management GmbH | 92,913 | $26.8M | 0.03% | −72,408−43.8% | Reduced |
| Asset Management One Co.,Ltd. | 93,013 | $27.2M | 0.08% | −1,206−1.3% | Reduced |
| Rokos Capital Management LLP | 94,493 | $27.3M | 0.40% | +36,825+63.9% | Added |
| Treasurer of the State of North Carolina | 94,626 | $27.3M | 0.09% | −6,915−6.8% | Reduced |
| Voloridge Investment Management, LLC | 95,000 | $27.4M | 0.10% | +95,000 | New |
| Fifth Third Bancorp | 96,494 | $27.9M | 0.09% | −11,226−10.4% | Reduced |
| Geneos Wealth Management Inc. | 97,497 | $28.1M | 0.69% | −51,699−34.7% | Reduced |
| Royal London Asset Management Ltd | 98,026 | $28.3M | 0.06% | −1,221−1.2% | Reduced |
| PBU - The Pension Fund of Early Childhood & Youth Educators | 98,659 | $28.5M | 0.41% | +98,659 | New |
| Cobalt Capital Management, Inc. | 100,000 | $28.9M | 12.78% | +10,000+11.1% | Added |
| Natixis Advisors, L.P. | 100,164 | $28.9M | 0.04% | −18,086−15.3% | Reduced |
| Captrust Financial Advisors | 101,038 | $29.2M | 0.06% | +1,157+1.2% | Added |
| Capstone Investment Advisors, LLC | 102,500 | $29.6M | 0.24% | +32,500+46.4% | Added |
| Nisa Investment Advisors, LLC | 102,879 | $29.7M | 0.10% | +1,403+1.4% | Added |
| Boussard & Gavaudan Investment Management LLP | 103,369 | $30.0M | 2.27% | +70,411+213.6% | Added |