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 |
|---|---|---|---|---|---|
| Spire Wealth Management | 1,023 | $295.2K | 0.01% | −348−25.4% | Reduced |
| West Family Investments, Inc. | 1,027 | $296.5K | 0.07% | 00.0% | Unchanged |
| Sterling Capital Management LLC | 1,028 | $296.8K | 0.00% | −325−24.0% | Reduced |
| Independent Solutions Wealth Management, LLC | 1,030 | $297.4K | 0.05% | −29−2.7% | Reduced |
| Eagle Rock Investment Company, LLC | 1,030 | $297.4K | 0.04% | 00.0% | Unchanged |
| Sound Income Strategies, LLC | 1,024 | $297.7K | 0.01% | +479+87.9% | Added |
| Elwood & Goetz Wealth Advisory Group, LLC | 1,033 | $298.2K | 0.05% | +17+1.7% | Added |
| Carson Advisory Inc. | 1,034 | $298.6K | 0.16% | +27+2.7% | Added |
| Bristol John W & Co Inc | 1,035 | $298.8K | 0.00% | 00.0% | Unchanged |
| Strategic Blueprint, LLC | 1,036 | $299.0K | 0.02% | −208−16.7% | Reduced |
| Ci Investments Inc. | 1,038 | $299.7K | 0.00% | −7,451−87.8% | Reduced |
| Prudent Investors Network | 1,039 | $300.0K | 0.07% | −1,677−61.7% | Reduced |
| BridgePort Financial Solutions, LLC | 1,042 | $300.9K | 0.08% | 00.0% | Unchanged |
| Stratos Wealth Advisors, LLC | 1,042 | $301.0K | 0.01% | −5−0.5% | Reduced |
| Accredited Investors Inc. | 1,043 | $301.2K | 0.02% | 00.0% | Unchanged |
| Richwood Investment Advisors, LLC | 983 | $301.3K | 0.22% | +70+7.7% | Added |
| Harbor Investment Advisory, LLC | 1,050 | $303.2K | 0.02% | 00.0% | Unchanged |
| Accordant Advisory Group Inc | 1,050 | $303.2K | 0.21% | +50+5.0% | Added |
| Ticino Wealth | 1,050 | $303.2K | 0.11% | +1,050 | New |
| Journey Strategic Wealth LLC | 1,051 | $303.3K | 0.01% | +152+16.9% | Added |
| Tradition Wealth Management, LLC | 1,051 | $303.4K | 0.02% | −50−4.5% | Reduced |
| Johnson Bixby & Associates, LLC | 1,052 | $303.7K | 0.04% | −6−0.6% | Reduced |
| Tradewinds Capital Management, LLC | 1,053 | $304.0K | 0.06% | −951−47.5% | Reduced |
| Tennessee Valley Asset Management Partners | 1,055 | $304.6K | 0.04% | −207−16.4% | Reduced |
| Twin Capital Management Inc | 1,060 | $306.0K | 0.04% | +208+24.4% | Added |
| Founders Financial Securities LLC | 1,061 | $306.3K | 0.02% | +1,061 | New |
| Sunburst Financial Group, LLC | 1,063 | $306.9K | 0.06% | 00.0% | Unchanged |
| Stockman Wealth Management, Inc. | 1,067 | $308.1K | 0.04% | +1,067 | New |
| Mirabella Financial Services LLP | 1,068 | $308.4K | 0.03% | +1,068 | New |
| Cercano Management LLC | 1,069 | $308.6K | 0.01% | 00.0% | Unchanged |
| Pointe Capital Management LLC | 1,071 | $309.2K | 0.15% | 00.0% | Unchanged |
| Compton Wealth Advisory Group, LLC | 1,073 | $309.8K | 0.07% | 00.0% | Unchanged |
| Sovereign Financial Group, Inc. | 1,073 | $309.8K | 0.06% | +25+2.4% | Added |
| MJP Associates Inc | 1,073 | $309.8K | 0.04% | +24+2.3% | Added |
| Hanlon Investment Management, Inc. | 1,074 | $310.1K | 0.17% | +78+7.8% | Added |
| Hoge Financial Services, LLC | 1,074 | $310.1K | 0.17% | +8+0.8% | Added |
| Maia Wealth LLC | 992 | $312.1K | 0.05% | −15−1.5% | Reduced |
| Douglas Lane & Associates, LLC | 1,082 | $312.4K | 0.00% | 00.0% | Unchanged |
| Fulton Breakefield Broenniman LLC | 1,082 | $312.5K | 0.02% | 00.0% | Unchanged |
| Main Street Financial Solutions, LLC | 1,083 | $312.8K | 0.02% | +14+1.3% | Added |
| OneAscent Financial Services LLC | 1,087 | $313.8K | 0.03% | −567−34.3% | Reduced |
| FourThought Financial Partners, LLC | 1,093 | $315.7K | 0.03% | +45+4.3% | Added |
| Smithbridge Asset Management Inc | 1,095 | $316.1K | 0.03% | +1,095 | New |
| AlphaGrep UK Ltd | 1,095 | $316.1K | 0.11% | +1,095 | New |
| QTR Family Wealth, LLC | 1,003 | $316.4K | 0.14% | −11−1.1% | Reduced |
| PDS Planning, Inc | 1,098 | $317.0K | 0.02% | +6+0.5% | Added |
| Wiser Wealth Management, Inc | 1,098 | $317.0K | 0.07% | +34+3.2% | Added |
| Baker Ellis Asset Management LLC | 1,100 | $317.6K | 0.04% | 00.0% | Unchanged |
| Dixon Fnancial Services, Inc. | 1,100 | $317.6K | 0.14% | 00.0% | Unchanged |
| Wealth Group, Ltd. | 1,100 | $318.0K | 0.31% | +1,100 | New |
| Biltmore Family Office, LLC | 1,102 | $318.2K | 0.04% | +60+5.8% | Added |
| C2P Capital Advisory Group, LLC d.b.a. Prosperity Capital Advisors | 1,112 | $321.0K | 0.02% | −3,190−74.2% | Reduced |
| Tred Avon Family Wealth, LLC | 1,112 | $321.1K | 0.10% | +202+22.2% | Added |
| Main Street Research LLC | 1,117 | $322.5K | 0.02% | −64−5.4% | Reduced |
| Garton & Associates Financial Advisors LLC | 1,119 | $323.1K | 0.18% | +1,119 | New |
| Bienville Capital Management, LLC | 1,120 | $323.4K | 0.05% | 00.0% | Unchanged |
| McKinley Carter Wealth Services, Inc. | 1,121 | $323.8K | 0.02% | 00.0% | Unchanged |
| Garrett Wealth Advisory Group, LLC | 1,123 | $324.3K | 0.06% | 00.0% | Unchanged |
| Downshift Financial, LLC | 1,057 | $324.3K | 0.20% | +1,057 | New |
| Elmwood Wealth Management, Inc. | 1,130 | $326.3K | 0.10% | +20+1.8% | Added |
| L2 Asset Management, LLC | 1,131 | $326.5K | 0.04% | +74+7.0% | Added |
| KPP Advisory Services LLC | 1,131 | $326.5K | 0.05% | −3−0.3% | Reduced |
| Arrow Financial Corp | 1,134 | $327.4K | 0.03% | −48−4.1% | Reduced |
| Barnes Pettey Financial Advisors, LLC | 1,135 | $327.7K | 0.16% | 00.0% | Unchanged |
| Premier Path Wealth Partners, LLC | 1,138 | $328.6K | 0.04% | +77+7.3% | Added |
| Capital Counsel LLC | 1,140 | $329.1K | 0.01% | 00.0% | Unchanged |
| Private Management Group Inc | 1,141 | $329.4K | 0.01% | 00.0% | Unchanged |
| Summit Wealth & Retirement Planning, Inc. | 1,142 | $329.7K | 0.08% | 00.0% | Unchanged |
| Monetary Management Group Inc | 1,150 | $332.0K | 0.08% | 00.0% | Unchanged |
| Optimize Financial Inc | 1,153 | $332.9K | 0.17% | +16+1.4% | Added |
| McLean Asset Management Corp | 1,164 | $333.4K | 0.06% | −5−0.4% | Reduced |
| Beaumont Financial Advisors, LLC | 1,160 | $334.9K | 0.02% | +1+0.1% | Added |
| NorthRock Partners, LLC | 1,163 | $336.1K | 0.01% | −2,222−65.6% | Reduced |
| Argent Advisors, Inc. | 1,164 | $336.1K | 0.09% | +1,164 | New |
| Cozad Asset Management Inc | 1,165 | $336.4K | 0.03% | 00.0% | Unchanged |
| Holderness Investments Co | 1,165 | $336.4K | 0.07% | 00.0% | Unchanged |
| Fiduciary Alliance LLC | 1,167 | $336.9K | 0.02% | −43−3.6% | Reduced |
| Robertson Stephens Wealth Management, LLC | 1,169 | $337.5K | 0.01% | +8+0.7% | Added |
| Austin Private Wealth, LLC | 1,171 | $338.1K | 0.03% | 00.0% | Unchanged |
| Platform Technology Partners | 1,173 | $338.8K | 0.07% | −3−0.3% | Reduced |
| Trustmark National Bank Trust Department | 1,181 | $341.0K | 0.02% | 00.0% | Unchanged |
| RFG Advisory, LLC | 1,182 | $341.4K | 0.01% | +127+12.0% | Added |
| Boston Private Wealth LLC | 1,183 | $341.6K | 0.02% | −13−1.1% | Reduced |
| MONECO Advisors, LLC | 1,185 | $342.1K | 0.03% | 00.0% | Unchanged |
| Jump Financial, LLC | 1,188 | $343.0K | 0.00% | −9,061−88.4% | Reduced |
| Moody Lynn & Lieberson, LLC | 1,196 | $345.3K | 0.02% | 00.0% | Unchanged |
| Sax Wealth Advisors, LLC | 1,196 | $345.3K | 0.02% | +345+40.5% | Added |
| Alpha Wealth Funds, LLC | 1,200 | $345.4K | 0.23% | +1,200 | New |
| Objectivity Squared, LLC | 1,199 | $346.2K | 0.19% | +6+0.5% | Added |
| Childress Capital Advisors, LLC | 1,199 | $346.2K | 0.06% | −11−0.9% | Reduced |
| Westfuller Advisors, LLC | 1,205 | $347.8K | 0.14% | +5+0.4% | Added |
| Bragg Financial Advisors, Inc | 1,205 | $347.9K | 0.01% | −24−2.0% | Reduced |
| Obermeyer Wood Investment Counsel, LLLP | 1,205 | $347.9K | 0.02% | −7−0.6% | Reduced |
| Tobam | 1,204 | $348.0K | 0.09% | +1,200+30,000.0% | Added |
| Quantum Private Wealth, LLC | 1,206 | $348.1K | 0.10% | 00.0% | Unchanged |
| Conning Inc. | 1,206 | $348.2K | 0.01% | −522−30.2% | Reduced |
| Dorato Capital Management | 1,222 | $349.9K | 0.26% | +1,222 | New |
| Barnes Dennig Private Wealth Management LLC | 1,213 | $350.2K | 0.35% | 00.0% | Unchanged |
| Basecamp Wealth Advisors LLC | 1,213 | $350.3K | 0.07% | +1,213 | New |
| Thurston, Springer, Miller, Herd & Titak, Inc. | 1,215 | $350.8K | 0.12% | +1,215 | New |