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 |
|---|---|---|---|---|---|
| D'Orazio & Associates, Inc. | 1,518 | $438.2K | 0.06% | 00.0% | Unchanged |
| Fundamentun, LLC | 1,521 | $439.2K | 0.02% | −178−10.5% | Reduced |
| BCK Partners, Inc. | 1,525 | $440.3K | 0.24% | −50−3.2% | Reduced |
| Stokes Family Office, LLC | 1,531 | $442.0K | 0.04% | +219+16.7% | Added |
| Davidson Trust Co | 1,532 | $442.3K | 0.18% | +572+59.6% | Added |
| Security National Bank of So Dak | 1,533 | $442.6K | 0.22% | 00.0% | Unchanged |
| Providence First Trust Co | 1,534 | $442.9K | 0.15% | +1,534 | New |
| Oliver Luxxe Assets LLC | 1,536 | $443.5K | 0.07% | 00.0% | Unchanged |
| Howard Capital Management Group, LLC | 1,536 | $443.5K | 0.03% | 00.0% | Unchanged |
| Birch Hill Investment Advisors LLC | 1,537 | $443.8K | 0.02% | 00.0% | Unchanged |
| Evolve Private Wealth, LLC | 1,543 | $445.5K | 0.03% | +1,543 | New |
| PFC Capital Group, Inc. | 1,558 | $449.0K | 0.19% | −136−8.0% | Reduced |
| V-Square Quantitative Management LLC | 1,561 | $450.7K | 0.05% | +1,561 | New |
| Grandview Asset Management LLC | 1,570 | $453.4K | 0.12% | −135−7.9% | Reduced |
| B&L Asset Management LLC | 1,572 | $453.9K | 0.20% | −18−1.1% | Reduced |
| First City Capital Management, Inc. | 1,575 | $454.7K | 0.24% | −55−3.4% | Reduced |
| KCM Investment Advisors LLC | 1,577 | $455.3K | 0.01% | +22+1.4% | Added |
| Hartford Financial Management Inc. | 1,587 | $458.2K | 0.12% | 00.0% | Unchanged |
| Allen Investment Management LLC | 1,589 | $458.8K | 0.01% | 00.0% | Unchanged |
| Clark Capital Management Group, Inc. | 1,589 | $458.8K | 0.00% | 00.0% | Unchanged |
| David J Yvars Group | 1,590 | $459.1K | 0.24% | 00.0% | Unchanged |
| Fca Corp | 1,600 | $462.0K | 0.13% | −800−33.3% | Reduced |
| Rexford Capital Inc | 1,624 | $468.9K | 0.36% | 00.0% | Unchanged |
| Integrity Advisory Solutions, LLC | 1,629 | $470.3K | 0.07% | −57−3.4% | Reduced |
| Groupama Asset Managment | 1,632 | $471.2K | 0.01% | −170−9.4% | Reduced |
| Nalls Sherbakoff Group, LLC | 1,641 | $473.7K | 0.34% | +1+0.1% | Added |
| Princeton Global Asset Management LLC | 1,643 | $474.4K | 0.08% | +3+0.2% | Added |
| Capital Planning Advisors, LLC | 1,645 | $474.9K | 0.06% | +11+0.7% | Added |
| Plancorp, LLC | 1,646 | $475.2K | 0.01% | +4+0.2% | Added |
| Greatmark Investment Partners, Inc. | 1,652 | $477.0K | 0.06% | +277+20.1% | Added |
| OLIO Financial Planning | 1,653 | $477.2K | 0.13% | +7+0.4% | Added |
| Diversify Advisory Services, LLC | 1,647 | $478.6K | 0.02% | +44+2.7% | Added |
| W Advisors, LLC | 1,673 | $482.9K | 0.24% | +4+0.2% | Added |
| Graves-Light Private Wealth Management, Inc. | 1,673 | $483.0K | 0.05% | 00.0% | Unchanged |
| Bay Capital Advisors, LLC | 1,674 | $483.3K | 0.29% | −245−12.8% | Reduced |
| Laurel Wealth Advisors LLC | 1,675 | $483.6K | 0.06% | 00.0% | Unchanged |
| Spinnaker Trust | 1,685 | $486.5K | 0.03% | 00.0% | Unchanged |
| Sollinda Capital Management LLC | 1,687 | $487.1K | 0.12% | −818−32.7% | Reduced |
| Red Door Wealth Management, LLC | 1,699 | $490.5K | 0.05% | +1+0.1% | Added |
| Parsons Capital Management Inc | 1,700 | $490.8K | 0.03% | +90+5.6% | Added |
| Hanson & Doremus Investment Management | 1,703 | $492.0K | 0.06% | −16−0.9% | Reduced |
| Kera Capital Partners, Inc. | 1,691 | $492.5K | 0.06% | +286+20.4% | Added |
| Howard Capital Management Inc. | 1,711 | $494.0K | 0.01% | +8+0.5% | Added |
| Optas, LLC | 1,713 | $494.7K | 0.08% | −135−7.3% | Reduced |
| Relyea Zuckerberg Hanson LLC | 1,720 | $496.6K | 0.05% | +9+0.5% | Added |
| TCI Wealth Advisors, Inc. | 1,726 | $498.3K | 0.03% | +3+0.2% | Added |
| ARS Investment Partners, LLC | 1,734 | $500.6K | 0.03% | 00.0% | Unchanged |
| Norden Group LLC | 1,734 | $500.9K | 0.05% | +792+84.1% | Added |
| Roof Eidam & Maycock | 1,735 | $500.9K | 0.11% | 00.0% | Unchanged |
| Cidel Asset Management Inc | 1,737 | $501.5K | 0.04% | 00.0% | Unchanged |
| Johnson Financial Group, Inc. | 1,743 | $503.2K | 0.02% | −304−14.9% | Reduced |
| Raab & Moskowitz Asset Management LLC | 1,749 | $505.0K | 0.11% | 00.0% | Unchanged |
| KLCM Advisors, Inc. | 1,750 | $505.3K | 0.04% | −250−12.5% | Reduced |
| Mirador Capital Partners LP | 1,752 | $505.8K | 0.07% | 00.0% | Unchanged |
| Folger Nolan Fleming Douglas Capital Management, Inc | 1,754 | $506.4K | 0.05% | 00.0% | Unchanged |
| Advisors Capital Management, LLC | 1,760 | $508.4K | 0.01% | +97+5.8% | Added |
| BIP Wealth, LLC | 1,762 | $508.7K | 0.02% | +11+0.6% | Added |
| Bearing Point Capital, LLC | 1,773 | $511.9K | 0.08% | +50+2.9% | Added |
| Thomasville National Bank | 1,773 | $511.9K | 0.03% | +63+3.7% | Added |
| Bowen Hanes & Co Inc | 1,775 | $512.0K | 0.01% | +150+9.2% | Added |
| CMG Global Holdings, LLC | 1,672 | $513.0K | 0.23% | 00.0% | Unchanged |
| Delta Asset Management LLC | 1,778 | $513.3K | 0.04% | −40−2.2% | Reduced |
| MEMBERS Trust Co | 1,778 | $513.3K | 0.02% | −990−35.8% | Reduced |
| Sunpointe, LLC | 1,785 | $515.4K | 0.17% | +172+10.7% | Added |
| CNB Bank | 1,787 | $515.9K | 0.21% | −46−2.5% | Reduced |
| Rockland Trust Co | 1,793 | $517.7K | 0.02% | +354+24.6% | Added |
| BankPlus Trust Department | 1,795 | $518.3K | 0.14% | 00.0% | Unchanged |
| Caldwell Sutter Capital, Inc. | 1,800 | $519.7K | 0.22% | 00.0% | Unchanged |
| Bigelow Investment Advisors, LLC | 1,802 | $520.3K | 0.20% | 00.0% | Unchanged |
| Crawford Investment Counsel Inc | 1,804 | $520.9K | 0.01% | 00.0% | Unchanged |
| Clearview Wealth Advisors LLC | 1,806 | $521.3K | 0.33% | −86−4.5% | Reduced |
| Livforsakringsbolaget Skandia, Omsesidigt | 1,818 | $524.9K | 0.02% | 00.0% | Unchanged |
| OpenArc Corporate Advisory, LLC | 1,820 | $525.5K | 0.01% | +1,820 | New |
| Alerus Financial NA | 1,823 | $526.3K | 0.03% | −19−1.0% | Reduced |
| Eastern Bank | 1,824 | $526.6K | 0.01% | −228−11.1% | Reduced |
| First Financial Bank - Trust Division | 1,825 | $526.9K | 0.04% | −33−1.8% | Reduced |
| Howard Financial Services, Ltd. | 1,825 | $526.9K | 0.06% | +26+1.4% | Added |
| Klingman & Associates, LLC | 1,826 | $527.2K | 0.03% | +13+0.7% | Added |
| Piedmont Capital Management, LLC | 1,828 | $527.8K | 0.35% | +1,828 | New |
| Calamos Wealth Management LLC | 1,837 | $530.4K | 0.02% | +168+10.1% | Added |
| Successful Portfolios LLC | 1,848 | $530.8K | 0.27% | −7−0.4% | Reduced |
| Thoroughbred Financial Services, LLC | 1,839 | $531.0K | 0.03% | 00.0% | Unchanged |
| Interchange Capital Partners, LLC | 1,842 | $531.8K | 0.10% | −150−7.5% | Reduced |
| Hurlow Wealth Management Group, Inc. | 1,844 | $532.4K | 0.13% | −184−9.1% | Reduced |
| RFG - Bristol Wealth Advisors, LLC | 1,847 | $533.1K | 0.15% | +1+0.1% | Added |
| Greystone Financial Group, LLC | 1,855 | $535.5K | 0.08% | 00.0% | Unchanged |
| First Horizon Corp | 1,859 | $536.7K | 0.02% | −23−1.2% | Reduced |
| Alchemi Wealth, LLC | 1,858 | $536.9K | 0.29% | +1,858 | New |
| Fiduciary Family Office, LLC | 1,861 | $537.3K | 0.15% | −1,776−48.8% | Reduced |
| Cypress Capital Group | 1,870 | $539.9K | 0.06% | 00.0% | Unchanged |
| Meketa Investment Group Inc | 1,873 | $540.8K | 1.83% | 00.0% | Unchanged |
| Change Path, LLC | 1,875 | $541.4K | 0.01% | +29+1.6% | Added |
| Beaton Management Co. Inc. | 1,880 | $543.0K | 0.24% | 00.0% | Unchanged |
| LCNB Corp | 1,881 | $543.1K | 0.18% | −30−1.6% | Reduced |
| Norris Perne & French LLP | 1,895 | $547.1K | 0.04% | −395−17.2% | Reduced |
| Cadinha & Co LLC | 1,896 | $547.4K | 0.08% | 00.0% | Unchanged |
| Evercore Wealth Management, LLC | 1,896 | $547.4K | 0.01% | 00.0% | Unchanged |
| Brown, Lisle/Cummings, Inc. | 1,898 | $548.0K | 0.14% | 00.0% | Unchanged |
| McDonald Partners LLC | 1,900 | $548.6K | 0.17% | 00.0% | Unchanged |
| WESCAP Management Group, Inc. | 1,905 | $550.0K | 0.11% | −183−8.8% | Reduced |