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 |
|---|---|---|---|---|---|
| Pin Oak Investment Advisors Inc | 657 | $202.0K | 0.14% | 00.0% | Unchanged |
| Cypress Asset Management Inc | 700 | $202.1K | 0.04% | 00.0% | Unchanged |
| WealthTrust Axiom LLC | 700 | $202.1K | 0.05% | 00.0% | Unchanged |
| Cowa, LLC | 700 | $202.1K | 0.06% | 00.0% | Unchanged |
| Journey Retirement Planning & Investment Management LLC | 700 | $202.2K | 0.04% | +700 | New |
| Oceanside Advisors LLC | 704 | $203.3K | 0.12% | 00.0% | Unchanged |
| First Foundation Advisors | 704 | $203.3K | 0.01% | 00.0% | Unchanged |
| Marin Bay Wealth Advisors, LLC | 705 | $203.5K | 0.12% | +705 | New |
| Great Valley Advisor Group, Inc. | 706 | $204.0K | 0.00% | +706 | New |
| Alaethes Wealth LLC | 708 | $204.4K | 0.06% | 00.0% | Unchanged |
| McAdam, LLC | 708 | $204.5K | 0.01% | +708 | New |
| Western Wealth Management, LLC | 709 | $204.7K | 0.01% | −12−1.7% | Reduced |
| Maple Capital Management, Inc. | 709 | $204.7K | 0.01% | −10−1.4% | Reduced |
| Chesley Taft & Associates LLC | 709 | $204.7K | 0.01% | +3+0.4% | Added |
| R Squared Ltd | 710 | $205.0K | 0.10% | −2,595−78.5% | Reduced |
| Fusion Capital, LLC | 710 | $205.1K | 0.06% | −20−2.7% | Reduced |
| BKM Wealth Management, LLC | 711 | $205.3K | 0.08% | −86−10.8% | Reduced |
| Samalin Investment Counsel, LLC | 712 | $205.7K | 0.07% | +3+0.4% | Added |
| Daner Wealth Management, LLC | 654 | $206.2K | 0.13% | +654 | New |
| Keudell/Morrison Wealth Management | 719 | $207.6K | 0.04% | +719 | New |
| GreatBanc Trust CO | 722 | $208.5K | 0.15% | −16−2.2% | Reduced |
| Summit Global Investments | 722 | $209.0K | 0.01% | −26−3.5% | Reduced |
| Badgley Phelps Wealth Managers, LLC | 725 | $209.3K | 0.00% | 00.0% | Unchanged |
| Hall Laurie J Trustee | 725 | $209.3K | 0.07% | 00.0% | Unchanged |
| Versant Capital Management, Inc | 727 | $209.9K | 0.03% | −8−1.1% | Reduced |
| Elevatus Welath Management | 733 | $211.6K | 0.06% | 00.0% | Unchanged |
| Baron Wealth Management LLC | 735 | $212.2K | 0.07% | 00.0% | Unchanged |
| Lee Financial Co | 736 | $212.5K | 0.03% | −88−10.7% | Reduced |
| Rockline Wealth Management, LLC | 739 | $213.4K | 0.04% | 00.0% | Unchanged |
| Wealth Alliance | 741 | $213.9K | 0.02% | −221−23.0% | Reduced |
| Trust Investment Advisors | 742 | $214.2K | 0.11% | −59−7.4% | Reduced |
| Ignite Planners, LLC | 736 | $214.4K | 0.03% | +51+7.4% | Added |
| Sunflower Bank, N.A. | 744 | $214.8K | 0.05% | +48+6.9% | Added |
| Atlas Brown,Inc. | 744 | $214.9K | 0.06% | 00.0% | Unchanged |
| Wealth Dimensions Group, Ltd. | 745 | $215.1K | 0.04% | −81−9.8% | Reduced |
| COFG Advisors, LLC | 747 | $215.5K | 0.05% | +747 | New |
| Cullen Capital Management LLC | 747 | $215.7K | 0.00% | −120,604−99.4% | Reduced |
| Washington Trust Bank | 750 | $216.5K | 0.02% | 00.0% | Unchanged |
| Allen Mooney & Barnes Investment Advisors LLC | 750 | $216.5K | 0.03% | 00.0% | Unchanged |
| Alpha Financial Partners, LLC | 750 | $216.6K | 0.13% | +38+5.3% | Added |
| Farmers & Merchants Trust Co of Long Beach | 751 | $216.8K | 0.05% | −25−3.2% | Reduced |
| Strathmore Capital Advisors, Inc. | 751 | $216.8K | 0.07% | +21+2.9% | Added |
| Tiemann Investment Advisors, LLC | 752 | $217.1K | 0.08% | −110−12.8% | Reduced |
| 626 Financial, LLC | 752 | $217.1K | 0.09% | 00.0% | Unchanged |
| Savvy Advisors, Inc. | 752 | $217.2K | 0.01% | +752 | New |
| Patton Fund Management, Inc. | 754 | $217.7K | 0.03% | −239−24.1% | Reduced |
| LVZ Advisors, Inc. | 755 | $218.0K | 0.02% | −63−7.7% | Reduced |
| Greenfield Savings Bank | 755 | $218.0K | 0.09% | +4+0.5% | Added |
| Camden Capital, LLC | 756 | $218.5K | 0.01% | −39−4.9% | Reduced |
| 71 West Capital Partners | 762 | $220.0K | 0.01% | +762 | New |
| Atlantic Trust, LLC | 763 | $220.3K | 0.03% | +6+0.8% | Added |
| Sowell Financial Services LLC | 765 | $220.9K | 0.01% | +11+1.5% | Added |
| Topsail Wealth Management, LLC | 768 | $221.7K | 0.03% | 00.0% | Unchanged |
| Roehl & Yi Investment Advisors, LLC | 769 | $222.0K | 0.09% | +5+0.7% | Added |
| Frederick Financial Consultants, LLC | 771 | $222.6K | 0.12% | +3+0.4% | Added |
| Physicians Financial Services, Inc. | 775 | $224.0K | 0.06% | −50−6.1% | Reduced |
| Beacon Financial Group | 786 | $226.9K | 0.02% | +4+0.5% | Added |
| Leigh Baldwin & Co., LLC | 786 | $227.0K | 0.15% | +1+0.1% | Added |
| Nelson, Van Denburg & Campbell Wealth Management Group, LLC | 788 | $227.4K | 0.01% | +1+0.1% | Added |
| Maryland Capital Advisors Inc. | 789 | $227.8K | 0.08% | 00.0% | Unchanged |
| Missouri Trust & Investment Co | 790 | $228.1K | 0.07% | 00.0% | Unchanged |
| NTV Asset Management LLC | 791 | $228.4K | 0.02% | −160−16.8% | Reduced |
| Moss Adams Wealth Advisors LLC | 791 | $228.4K | 0.02% | +35+4.6% | Added |
| Bullock Wealth Management Group | 792 | $228.8K | 0.11% | −32−3.9% | Reduced |
| Founders Financial Alliance, LLC | 795 | $229.6K | 0.04% | +53+7.1% | Added |
| ARS Wealth Advisors Group, LLC | 797 | $230.1K | 0.02% | 00.0% | Unchanged |
| Sage Capital Management, LLC | 800 | $231.0K | 0.11% | −95−10.6% | Reduced |
| Archer Investment Corp | 800 | $231.0K | 0.05% | −43−5.1% | Reduced |
| Kelly Lawrence W & Associates Inc | 800 | $231.0K | 0.06% | 00.0% | Unchanged |
| Capital Management Corp | 800 | $231.0K | 0.04% | 00.0% | Unchanged |
| Saxony Capital Management, LLC | 800 | $231.0K | 0.14% | 00.0% | Unchanged |
| Camelot Portfolios, LLC | 800 | $231.0K | 0.14% | 00.0% | Unchanged |
| Petix & Botte Co | 800 | $231.0K | 0.05% | 00.0% | Unchanged |
| Luminvest Wealth Management LLC | 800 | $231.0K | 0.06% | +800 | New |
| Hudson Valley Investment Advisors Inc | 804 | $232.1K | 0.03% | −696−46.4% | Reduced |
| Advisory Advocates, LLC | 811 | $234.2K | 0.23% | +811 | New |
| Integrated Wealth Concepts LLC | 811 | $234.2K | 0.00% | −324−28.5% | Reduced |
| Regent Peak Wealth Advisors LLC | 813 | $234.7K | 0.05% | −52−6.0% | Reduced |
| CWS Financial Advisors, LLC | 819 | $236.5K | 0.06% | −200−19.6% | Reduced |
| Impact Partnership Wealth, LLC | 820 | $236.8K | 0.03% | +820 | New |
| Griffith & Werner, Inc. | 822 | $237.3K | 0.12% | +2+0.2% | Added |
| Tompkins Financial Corp | 825 | $238.2K | 0.02% | 00.0% | Unchanged |
| Tanager Wealth Management LLP | 826 | $238.5K | 0.02% | 00.0% | Unchanged |
| KMG Fiduciary Partners, LLC | 828 | $239.2K | 0.02% | +1+0.1% | Added |
| Evanson Asset Management, LLC | 829 | $239.3K | 0.01% | 00.0% | Unchanged |
| Plotkin Financial Advisors, LLC | 829 | $239.3K | 0.12% | 00.0% | Unchanged |
| Institute for Wealth Management, LLC. | 830 | $239.6K | 0.03% | +53+6.8% | Added |
| Lighthouse Financial LLC | 833 | $240.5K | 0.16% | 00.0% | Unchanged |
| Coastline Complete Wealth LLC | 834 | $240.8K | 0.15% | +834 | New |
| Intrua Financial, LLC | 834 | $240.8K | 0.03% | 00.0% | Unchanged |
| LVM Capital Management Ltd | 835 | $241.0K | 0.02% | 00.0% | Unchanged |
| Stonebridge Capital Advisors LLC | 836 | $241.4K | 0.02% | −61−6.8% | Reduced |
| Clarius Group, LLC | 836 | $241.4K | 0.01% | 00.0% | Unchanged |
| Wilkins Miller Wealth Management, LLC | 838 | $242.0K | 0.14% | +2+0.2% | Added |
| Virtue Capital Management, LLC | 841 | $242.1K | 0.04% | −5,596−86.9% | Reduced |
| Advisors Management Group Inc | 843 | $243.0K | 0.04% | −1−0.1% | Reduced |
| Apollon Financial, LLC | 845 | $244.1K | 0.04% | +845 | New |
| West Financial Advisors, LLC | 846 | $244.3K | 0.04% | 00.0% | Unchanged |
| First National Bank of Mount Dora, Trust Investment Services | 847 | $244.5K | 0.05% | −27−3.1% | Reduced |
| Banco BTG Pactual S.A. | 849 | $245.1K | 0.04% | +849 | New |