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 |
|---|---|---|---|---|---|
| Foguth Wealth Management, LLC. | 852 | $245.2K | 0.04% | +852 | New |
| WT Wealth Management | 850 | $245.4K | 0.07% | 00.0% | Unchanged |
| Hudson Value Partners, LLC | 850 | $245.4K | 0.07% | 00.0% | Unchanged |
| Tacita Capital Inc | 850 | $245.4K | 0.14% | 00.0% | Unchanged |
| Villere St Denis J & Co LLC | 850 | $245.4K | 0.02% | 00.0% | Unchanged |
| Stephenson National Bank & Trust | 861 | $248.6K | 0.07% | −14−1.6% | Reduced |
| Broadleaf Partners, LLC | 861 | $248.6K | 0.05% | 00.0% | Unchanged |
| Ted Buchan & Co | 862 | $248.9K | 0.09% | +862 | New |
| Cascade Financial Partners, LLC | 864 | $249.5K | 0.03% | 00.0% | Unchanged |
| Zions Bancorporation, National Association | 864 | $249.5K | 0.01% | +435+101.4% | Added |
| Quotient Wealth Partners, LLC | 864 | $249.6K | 0.01% | +37+4.5% | Added |
| Impact Capital Partners LLC | 865 | $249.7K | 0.07% | −99−10.3% | Reduced |
| Wealthquest Corp | 865 | $249.7K | 0.02% | +865 | New |
| Addison Advisors LLC | 866 | $250.0K | 0.06% | −31−3.5% | Reduced |
| Trust Point Inc. | 869 | $250.9K | 0.02% | +869 | New |
| Liberty Capital Management, Inc. | 869 | $250.9K | 0.05% | 00.0% | Unchanged |
| Csenge Advisory Group | 869 | $251.0K | 0.01% | −441−33.7% | Reduced |
| Vawter Financial, Ltd. | 873 | $252.1K | 0.11% | −169−16.2% | Reduced |
| Toth Financial Advisory Corp | 875 | $252.6K | 0.03% | 00.0% | Unchanged |
| FLC Capital Advisors | 876 | $252.9K | 0.05% | 00.0% | Unchanged |
| MASTERINVEST Kapitalanlage GmbH | 875 | $253.8K | 0.02% | 00.0% | Unchanged |
| Advisory Alpha, LLC | 879 | $254.1K | 0.01% | −18−2.0% | Reduced |
| FSM Wealth Advisors, LLC | 881 | $254.3K | 0.03% | +17+2.0% | Added |
| Consolidated Planning Corp | 883 | $255.0K | 0.03% | 00.0% | Unchanged |
| Zullo Investment Group, Inc. | 886 | $255.8K | 0.09% | +3+0.3% | Added |
| Chapin Davis, Inc. | 888 | $256.4K | 0.06% | 00.0% | Unchanged |
| First American Trust, FSB | 890 | $257.0K | 0.02% | −5−0.6% | Reduced |
| Cornerstone Select Advisors, LLC | 891 | $257.3K | 0.18% | 00.0% | Unchanged |
| Modern Wealth Management, LLC | 893 | $257.8K | 0.00% | +46+5.4% | Added |
| Measured Wealth Private Client Group, LLC | 895 | $258.4K | 0.07% | 00.0% | Unchanged |
| Great Diamond Partners, LLC | 896 | $258.7K | 0.05% | +28+3.2% | Added |
| Planning Directions Inc | 899 | $259.7K | 0.13% | +4+0.4% | Added |
| Palogic Value Management, L.P. | 900 | $259.8K | 0.11% | 00.0% | Unchanged |
| Westhampton Capital, LLC | 900 | $259.8K | 0.12% | 00.0% | Unchanged |
| Jeppson Wealth Management, LLC | 900 | $259.8K | 0.08% | 00.0% | Unchanged |
| Park Edge Advisors, LLC | 900 | $259.8K | 0.06% | 00.0% | Unchanged |
| Aprio Wealth Management, LLC | 739 | $261.6K | 0.02% | +57+8.4% | Added |
| Capital Investment Management, Inc. | 908 | $262.2K | 0.09% | +908 | New |
| Turtle Creek Wealth Advisors, LLC | 912 | $263.3K | 0.02% | +912 | New |
| Transcend Wealth Collective, LLC | 913 | $263.6K | 0.02% | −13−1.4% | Reduced |
| NBC Securities, Inc. | 913 | $263.8K | 0.02% | −171−15.8% | Reduced |
| Royal Capital Wealth Management, LLC | 916 | $264.5K | 0.16% | 00.0% | Unchanged |
| Walsky Investment Management, Inc. | 918 | $265.0K | 0.27% | +918 | New |
| Heartwood Wealth Advisors LLC | 923 | $266.5K | 0.02% | −10−1.1% | Reduced |
| MeadowBrook Investment Advisors LLC | 925 | $267.1K | 0.23% | 00.0% | Unchanged |
| Cantor Fitzgerald Investment Adviser L.P. | 925 | $267.1K | 0.02% | 00.0% | Unchanged |
| Decker Wealth Management LLC | 925 | $267.1K | 0.06% | +925 | New |
| South State Corp. | 932 | $269.1K | 0.01% | −1,095−54.0% | Reduced |
| DRW Securities, LLC | 934 | $269.7K | 0.02% | −3,344−78.2% | Reduced |
| Zhang Financial LLC | 934 | $269.7K | 0.01% | 00.0% | Unchanged |
| Ausdal Financial Partners, Inc. | 934 | $269.8K | 0.01% | −35−3.6% | Reduced |
| Optiver Holding B.V. | 941 | $271.7K | 0.00% | +409+76.9% | Added |
| Cassaday & Co Wealth Management LLC | 943 | $272.3K | 0.01% | 00.0% | Unchanged |
| Kathmere Capital Management, LLC | 943 | $272.3K | 0.02% | +5+0.5% | Added |
| Courier Capital LLC | 945 | $272.8K | 0.02% | −225−19.2% | Reduced |
| Pure Financial Advisors, Inc. | 948 | $273.7K | 0.00% | +45+5.0% | Added |
| Master's Wealth Management Inc. | 948 | $273.8K | 0.10% | +223+30.8% | Added |
| MCF Advisors LLC | 949 | $274.0K | 0.02% | 00.0% | Unchanged |
| Wealth Preservation Advisors, LLC | 950 | $274.3K | 0.14% | 00.0% | Unchanged |
| Raleigh Capital Management Inc. | 952 | $274.8K | 0.10% | −342−26.4% | Reduced |
| Tritonpoint Wealth, LLC | 952 | $274.8K | 0.03% | −89−8.5% | Reduced |
| Triangle Securities Wealth Management | 952 | $274.9K | 0.06% | −45−4.5% | Reduced |
| SmartHarvest Portfolios, LLC | 952 | $274.9K | 0.10% | +952 | New |
| Frec Markets, Inc. | 955 | $275.9K | 0.08% | +955 | New |
| Seascape Capital Management | 955 | $276.0K | 0.08% | −114−10.7% | Reduced |
| CRA Financial Services, LLC | 958 | $276.6K | 0.04% | −3−0.3% | Reduced |
| Gladstone Institutional Advisory LLC | 961 | $277.6K | 0.01% | −38−3.8% | Reduced |
| Aviance Capital Partners, LLC | 962 | $277.7K | 0.03% | 00.0% | Unchanged |
| Fukoku Mutual Life Insurance Co | 967 | $279.2K | 0.02% | +105+12.2% | Added |
| Asset Dedication, LLC | 967 | $279.2K | 0.02% | −125−11.4% | Reduced |
| Old North State Trust, LLC | 969 | $280.0K | 0.17% | −182−15.8% | Reduced |
| Longboard Asset Management, LP | 973 | $280.9K | 1.79% | 00.0% | Unchanged |
| Marotta Asset Management | 975 | $281.4K | 0.05% | 00.0% | Unchanged |
| Trinity Financial Advisors LLC | 980 | $283.0K | 0.08% | 00.0% | Unchanged |
| Strategic Investment Advisors | 981 | $283.2K | 0.02% | +14+1.4% | Added |
| Beto Financial Group, LLC | 972 | $283.3K | 0.19% | +972 | New |
| Creekside Partners | 983 | $283.8K | 0.12% | 00.0% | Unchanged |
| Welch & Forbes LLC | 987 | $285.0K | 0.00% | 00.0% | Unchanged |
| Vista Capital Partners, Inc. | 987 | $285.0K | 0.03% | +987 | New |
| VestGen Advisors, LLC | 987 | $285.0K | 0.01% | +172+21.1% | Added |
| Cullen Investment Group, Ltd. | 994 | $285.5K | 0.04% | −105−9.6% | Reduced |
| Quantum Financial Advisors, LLC | 990 | $285.7K | 0.03% | +990 | New |
| Tilia Fiduciary Partners, Inc. | 990 | $285.8K | 0.16% | −7−0.7% | Reduced |
| Los Angeles Capital Management LLC | 1,019 | $287.0K | 0.00% | −32−3.0% | Reduced |
| Horizon Bancorp Inc | 995 | $287.0K | 0.14% | −474−32.3% | Reduced |
| Wayfinding Financial, LLC | 997 | $287.0K | 0.12% | −10−1.0% | Reduced |
| Saxon Interests, Inc. | 995 | $287.3K | 0.10% | +1+0.1% | Added |
| Procyon Private Wealth Partners, LLC | 997 | $287.9K | 0.01% | +255+34.4% | Added |
| Brandywine Oak Private Wealth LLC | 999 | $288.4K | 0.02% | 00.0% | Unchanged |
| Argus Investors' Counsel, Inc. | 1,000 | $288.7K | 0.23% | 00.0% | Unchanged |
| J. L. Bainbridge & Co., Inc. | 1,000 | $288.7K | 0.02% | 00.0% | Unchanged |
| Constitution Capital LLC | 1,000 | $288.7K | 0.14% | 00.0% | Unchanged |
| bLong Financial, LLC | 1,000 | $288.7K | 0.20% | 00.0% | Unchanged |
| McMillan Office, Inc. | 1,000 | $288.7K | 0.03% | +1,000 | New |
| Massmutual Trust Co FSB | 1,002 | $289.3K | 0.01% | −107−9.6% | Reduced |
| Root Financial Partners, LLC | 1,006 | $290.5K | 0.02% | +54+5.7% | Added |
| Peachtree Investment Partners, LLC | 1,007 | $290.8K | 0.10% | +3+0.3% | Added |
| Quaker Wealth Management, LLC | 1,008 | $290.9K | 0.09% | 00.0% | Unchanged |
| Tradewinds, LLC. | 1,008 | $291.0K | 0.07% | −43−4.1% | Reduced |
| TCP Asset Management, LLC | 1,011 | $291.9K | 0.05% | 00.0% | Unchanged |