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 |
|---|---|---|---|---|---|
| Elevated Capital Advisors, LLC | 71 | $20.4K | 0.00% | +71 | New |
| McIlrath & Eck, LLC | 71 | $20.5K | 0.00% | 00.0% | Unchanged |
| Frazier Financial Advisors, LLC | 71 | $20.6K | 0.01% | +71 | New |
| Ares Financial Consulting, LLC | 72 | $20.8K | 0.02% | +72 | New |
| Darwin Advisors, LLC | 75 | $21.7K | 0.01% | 00.0% | Unchanged |
| Transamerica Financial Advisors, Inc. | 76 | $22.0K | 0.00% | −192−71.6% | Reduced |
| Midwest Capital Advisors, LLC | 76 | $22.0K | 0.01% | 00.0% | Unchanged |
| Kingdom Financial Group LLC. | 77 | $22.1K | 0.01% | +77 | New |
| Valued Wealth Advisors LLC | 80 | $23.0K | 0.01% | +17+27.0% | Added |
| Itau Unibanco Holding S.A. | 80 | $23.1K | 0.00% | −14−14.9% | Reduced |
| SOA Wealth Advisors, LLC. | 80 | $23.1K | 0.00% | 00.0% | Unchanged |
| United Community Bank | 80 | $23.1K | 0.01% | 00.0% | Unchanged |
| Abound Financial, LLC | 80 | $23.1K | 0.01% | +80 | New |
| Glen Eagle Advisors, LLC | 81 | $23.5K | 0.00% | 00.0% | Unchanged |
| CWM Advisors, LLC | 83 | $23.9K | 0.00% | +83 | New |
| Cornerstone Planning Group LLC | 86 | $24.5K | 0.00% | +22+34.4% | Added |
| Financial Management Professionals, Inc. | 86 | $24.7K | 0.00% | +1+1.2% | Added |
| Foster Dykema Cabot & Partners, LLC | 88 | $25.4K | 0.00% | +5+6.0% | Added |
| GoalVest Advisory LLC | 93 | $26.9K | 0.01% | +84+933.3% | Added |
| Westside Investment Management, Inc. | 94 | $27.1K | 0.00% | +8+9.3% | Added |
| Meeder Asset Management Inc | 95 | $27.4K | 0.00% | +67+239.3% | Added |
| Covestor Ltd | 98 | $28.0K | 0.01% | 00.0% | Unchanged |
| BNP Paribas | 100 | $28.9K | 0.00% | 00.0% | Unchanged |
| Game Plan Financial Advisors, LLC | 100 | $28.9K | 0.01% | 00.0% | Unchanged |
| Team Financial Group, LLC | 100 | $28.9K | 0.01% | 00.0% | Unchanged |
| Comprehensive Financial Planning, Inc. | 100 | $28.9K | 0.02% | 00.0% | Unchanged |
| Pinnacle Bancorp, Inc. | 102 | $29.4K | 0.01% | 00.0% | Unchanged |
| GW&K Investment Management, LLC | 105 | $30.0K | 0.00% | +1+1.0% | Added |
| Boyd Watterson Asset Management LLC | 104 | $30.0K | 0.01% | 00.0% | Unchanged |
| American National Bank | 105 | $30.3K | 0.00% | −10−8.7% | Reduced |
| Highline Wealth Partners LLC | 106 | $30.5K | 0.01% | +3+2.9% | Added |
| WPG Advisers, LLC | 108 | $31.2K | 0.02% | −2−1.8% | Reduced |
| Nemes Rush Group LLC | 109 | $31.5K | 0.00% | +7+6.9% | Added |
| Oakmont Corp | 110 | $31.8K | 0.01% | 00.0% | Unchanged |
| Keystone Financial Group, Inc. | 110 | $31.9K | 0.02% | 00.0% | Unchanged |
| 1620 Investment Advisors, Inc. | 111 | $32.0K | 0.02% | −25−18.4% | Reduced |
| Essential Partners LLC | 116 | $33.5K | 0.01% | 00.0% | Unchanged |
| Bank of Jackson Hole Trust | 117 | $33.8K | 0.02% | 00.0% | Unchanged |
| Bayban | 117 | $33.8K | 0.03% | +117 | New |
| Financial Consulate, Inc | 119 | $34.4K | 0.00% | 00.0% | Unchanged |
| Vision Financial Markets LLC | 120 | $34.6K | 0.04% | 00.0% | Unchanged |
| UMA Financial Services, Inc. | 121 | $34.9K | 0.00% | −11−8.3% | Reduced |
| LRI Investments, LLC | 123 | $35.5K | 0.00% | −184−59.9% | Reduced |
| Peterson Wealth Services | 123 | $35.6K | 0.01% | +113+1,130.0% | Added |
| Luken Investment Analytics, LLC | 129 | $37.2K | 0.01% | +29+29.0% | Added |
| Jessup Wealth Management, Inc | 130 | $37.5K | 0.01% | +130 | New |
| Kohmann Bosshard Financial Services, LLC | 131 | $37.8K | 0.00% | +131 | New |
| TD Capital Management LLC | 132 | $38.0K | 0.00% | +1+0.8% | Added |
| Lloyd Advisory Services, LLC. | 133 | $38.5K | 0.01% | +133 | New |
| Leonteq Securities AG | 135 | $39.0K | 0.00% | −15−10.0% | Reduced |
| Plante Moran Financial Advisors, LLC | 136 | $39.3K | 0.00% | −50−26.9% | Reduced |
| SHP Wealth Management | 136 | $39.4K | 0.00% | +136 | New |
| Dunhill Financial, LLC | 137 | $39.5K | 0.01% | +11+8.7% | Added |
| Prosperity Bancshares Inc | 140 | $40.4K | 0.04% | +140 | New |
| Financial Connections Group, Inc. | 146 | $42.0K | 0.01% | 00.0% | Unchanged |
| Adirondack Trust Co | 150 | $43.3K | 0.01% | 00.0% | Unchanged |
| BOK Financial Private Wealth, Inc. | 150 | $43.3K | 0.00% | 00.0% | Unchanged |
| Cedar Mountain Advisors, LLC | 150 | $43.3K | 0.01% | 00.0% | Unchanged |
| CrossGen Wealth, LLC | 151 | $43.5K | 0.04% | +151 | New |
| Navalign, LLC | 156 | $45.1K | 0.01% | +156 | New |
| Parvin Asset Management, LLC | 160 | $46.2K | 0.04% | −22−12.1% | Reduced |
| Trust Co | 160 | $46.2K | 0.00% | +160 | New |
| Bruce G. Allen Investments, LLC | 163 | $47.1K | 0.03% | −128−44.0% | Reduced |
| Abound Wealth Management | 164 | $47.4K | 0.01% | +1+0.6% | Added |
| Orion Capital Management LLC | 167 | $48.2K | 0.02% | +1+0.6% | Added |
| Concord Wealth Partners | 167 | $48.2K | 0.01% | 00.0% | Unchanged |
| Intesa Sanpaolo Wealth Management | 170 | $49.1K | 0.01% | +170 | New |
| Clark Wealth Partners | 171 | $49.4K | 0.03% | 00.0% | Unchanged |
| ORG Partners LLC | 175 | $50.5K | 0.01% | +91+108.3% | Added |
| Strategic Wealth Advisors LLC | 180 | $51.0K | 0.04% | +180 | New |
| North Star Investment Management Corp. | 177 | $51.0K | 0.00% | +16+9.9% | Added |
| Align Financial, LLC | 51,970 | $52.0K | 0.03% | +51,970 | New |
| Keating Financial Advisory Services, Inc. | 184 | $53.1K | 0.01% | +184 | New |
| Manchester Capital Management LLC | 194 | $56.0K | 0.01% | +62+47.0% | Added |
| Rogco, LP | 197 | $56.9K | 0.02% | 00.0% | Unchanged |
| Torren Management, LLC | 198 | $57.1K | 0.03% | +198 | New |
| Blackhill Capital Inc | 200 | $57.7K | 0.00% | 00.0% | Unchanged |
| RMG Wealth Management LLC | 204 | $59.3K | 0.01% | 00.0% | Unchanged |
| First Pacific Financial | 210 | $60.6K | 0.01% | +1+0.5% | Added |
| SIMA Wealth Partners, LLC | 210 | $60.6K | 0.05% | −330−61.1% | Reduced |
| Stephens Consulting, LLC | 210 | $60.6K | 0.02% | 00.0% | Unchanged |
| Manning & Napier Advisors LLC | 211 | $60.9K | 0.00% | −527−71.4% | Reduced |
| American Capital Advisory, LLC | 215 | $62.1K | 0.03% | −44−17.0% | Reduced |
| Estate Planners Group, LLC | 215 | $62.1K | 0.03% | +215 | New |
| MV Capital Management, Inc. | 220 | $63.5K | 0.01% | +1+0.5% | Added |
| South Plains Financial, Inc. | 222 | $64.1K | 0.04% | +222 | New |
| Sawyer & Company, Inc | 225 | $65.0K | 0.02% | −320−58.7% | Reduced |
| MH & Associates Securities Management Corp | 225 | $65.0K | 0.05% | +225 | New |
| Godsey & Gibb Associates | 226 | $65.2K | 0.01% | 00.0% | Unchanged |
| SJS Investment Consulting Inc. | 230 | $66.4K | 0.01% | 00.0% | Unchanged |
| Litman Gregory Asset Management LLC | 231 | $66.7K | 0.00% | +231 | New |
| O'Brien Wealth Partners LLC | 235 | $67.8K | 0.01% | 00.0% | Unchanged |
| Cape Investment Advisory, Inc. | 235 | $67.8K | 0.02% | +235 | New |
| Bellevue Asset Management, LLC | 235 | $67.9K | 0.03% | 00.0% | Unchanged |
| Bogart Wealth, LLC | 235 | $67.9K | 0.00% | +5+2.2% | Added |
| Annis Gardner Whiting Capital Advisors, LLC | 241 | $69.5K | 0.01% | +27+12.6% | Added |
| Atlas Capital Advisors LLC | 246 | $71.0K | 0.01% | +246 | New |
| Asset Planning,Inc | 250 | $72.2K | 0.05% | 00.0% | Unchanged |
| Bangor Savings Bank | 250 | $72.2K | 0.01% | 00.0% | Unchanged |
| ORG Wealth Partners, LLC | 253 | $73.3K | 0.02% | 00.0% | Unchanged |