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 |
|---|---|---|---|---|---|
| Clear Harbor Asset Management, LLC | 2,873 | $829.5K | 0.06% | +152+5.6% | Added |
| Excalibur Management Corp | 2,871 | $828.9K | 0.30% | −40−1.4% | Reduced |
| Z3 Capital Partners, LLC | 2,863 | $826.6K | 0.20% | +2,863 | New |
| Old National Bancorp | 2,850 | $822.9K | 0.01% | −321−10.1% | Reduced |
| Strive Financial Group ,LLC | 2,846 | $821.9K | 0.43% | +2,846 | New |
| Global Retirement Partners, LLC | 2,840 | $820.0K | 0.01% | +744+35.5% | Added |
| Cbre Clarion Securities LLC | 2,838 | $819.4K | 0.01% | −358−11.2% | Reduced |
| Kelman-Lazarov, Inc. | 2,829 | $816.8K | 0.12% | 00.0% | Unchanged |
| Woodward Diversified Capital, LLC | 2,821 | $814.5K | 0.37% | +102+3.8% | Added |
| Mather Group, LLC. | 2,820 | $814.1K | 0.01% | −77−2.7% | Reduced |
| Newbridge Financial Services Group, Inc. | 2,793 | $806.3K | 0.13% | +2,625+1,562.5% | Added |
| Fidelis Capital Partners, LLC | 2,790 | $805.5K | 0.06% | +7+0.3% | Added |
| Valley National Advisers Inc | 2,786 | $804.0K | 0.11% | +34+1.2% | Added |
| Silver Lake Advisory, LLC | 2,783 | $803.5K | 0.31% | 00.0% | Unchanged |
| Advance Capital Management, Inc. | 2,755 | $795.4K | 0.03% | 00.0% | Unchanged |
| Fideuram Asset Management (Ireland) dac | 3,221 | $794.0K | 0.06% | +3,221 | New |
| Choate Investment Advisors | 2,744 | $792.2K | 0.02% | −110−3.9% | Reduced |
| Centric Wealth Management | 2,704 | $788.1K | 0.17% | 00.0% | Unchanged |
| Trust Co of Oklahoma | 2,717 | $784.5K | 0.23% | 00.0% | Unchanged |
| Formidable Asset Management, LLC | 2,611 | $784.2K | 0.11% | −310−10.6% | Reduced |
| Flagship Harbor Advisors, LLC | 2,715 | $784.1K | 0.04% | −38−1.4% | Reduced |
| Boston Partners | 2,707 | $781.5K | 0.00% | −7,154−72.5% | Reduced |
| Leelyn Smith, LLC | 2,700 | $779.5K | 0.11% | 00.0% | Unchanged |
| S.A. Mason LLC | 2,700 | $779.5K | 0.31% | 00.0% | Unchanged |
| Panagora Asset Management Inc | 2,697 | $778.7K | 0.00% | +616+29.6% | Added |
| Salomon & Ludwin, LLC | 2,704 | $778.5K | 0.07% | −36−1.3% | Reduced |
| CM Wealth Advisors LLC | 2,693 | $777.5K | 0.18% | −453−14.4% | Reduced |
| Ritter Daniher Financial Advisory LLC | 2,675 | $772.3K | 0.13% | +7+0.3% | Added |
| Heritage Wealth Management, Inc. | 2,666 | $769.7K | 0.21% | 00.0% | Unchanged |
| Cornerstone Wealth Management, LLC | 2,659 | $767.6K | 0.04% | +10.0% | Added |
| Independent Financial Group, LLC | 2,651 | $765.4K | 0.02% | +504+23.5% | Added |
| Curbstone Financial Management Corp | 2,634 | $760.5K | 0.15% | +70+2.7% | Added |
| Inspire Advisors, LLC | 2,620 | $756.4K | 0.07% | −10−0.4% | Reduced |
| Fulton Bank, N.A. | 2,611 | $753.8K | 0.03% | −1,211−31.7% | Reduced |
| Compass Ion Advisors, LLC | 2,608 | $752.9K | 0.07% | +12+0.5% | Added |
| Pitcairn Wealth Advisors LLC | 2,602 | $751.2K | 0.07% | +2,602 | New |
| Checchi Capital Advisers, LLC | 2,597 | $749.9K | 0.05% | +27+1.1% | Added |
| Lee Danner & Bass Inc | 2,579 | $744.6K | 0.05% | 00.0% | Unchanged |
| Chesapeake Wealth Management | 2,570 | $742.0K | 0.22% | −282−9.9% | Reduced |
| Gsa Capital Partners LLP | 2,566 | $741.0K | 0.06% | +2,566 | New |
| Point72 Asset Management, L.P. | 2,562 | $739.7K | 0.00% | +2,562 | New |
| Prosperity Consulting Group, LLC | 2,543 | $734.2K | 0.03% | +36+1.4% | Added |
| JFS Wealth Advisors, LLC | 2,540 | $733.4K | 0.04% | +31+1.2% | Added |
| Soltis Investment Advisors LLC | 2,536 | $732.3K | 0.05% | +119+4.9% | Added |
| Creative Financial Designs Inc | 2,518 | $727.0K | 0.05% | 00.0% | Unchanged |
| Capital Investment Advisory Services, LLC | 2,518 | $726.9K | 0.05% | −93−3.6% | Reduced |
| Gilbert & Cook, Inc. | 2,515 | $726.1K | 0.09% | +35+1.4% | Added |
| Ferguson Wellman Capital Management, Inc | 2,507 | $723.8K | 0.01% | 00.0% | Unchanged |
| Garrison Bradford & Associates Inc | 2,500 | $721.8K | 0.78% | 00.0% | Unchanged |
| Papp L Roy & Associates | 2,494 | $720.1K | 0.08% | 00.0% | Unchanged |
| Hendershot Investments Inc. | 2,480 | $716.0K | 0.09% | 00.0% | Unchanged |
| Becker Capital Management Inc | 2,472 | $713.7K | 0.02% | +182+7.9% | Added |
| Monticello Wealth Management, LLC | 2,468 | $712.6K | 0.05% | +22+0.9% | Added |
| Colonial Trust Co | 2,467 | $712.3K | 0.09% | −34−1.4% | Reduced |
| Frank, Rimerman Advisors LLC | 2,464 | $711.4K | 0.05% | 00.0% | Unchanged |
| Argyle Capital Management Inc. | 2,462 | $710.8K | 0.24% | 00.0% | Unchanged |
| Gryphon Financial Partners LLC | 2,459 | $710.1K | 0.08% | +18+0.7% | Added |
| Mine & Arao Wealth Creation & Management, LLC. | 2,452 | $708.0K | 0.28% | +9+0.4% | Added |
| Level Four Advisory Services, LLC | 2,444 | $705.7K | 0.02% | −204−7.7% | Reduced |
| GeoWealth Management, LLC | 2,429 | $701.3K | 0.03% | −179−6.9% | Reduced |
| Wedbush Securities Inc | 2,429 | $701.0K | 0.02% | +199+8.9% | Added |
| Peoples Financial Services Corp. | 2,415 | $697.2K | 0.33% | −283−10.5% | Reduced |
| Golden Reserve Retirement LLC | 2,412 | $696.4K | 0.13% | +2,412 | New |
| Rede Wealth, LLC | 2,399 | $692.8K | 0.24% | +2,399 | New |
| Employees Retirement System of Texas | 2,390 | $690.0K | 0.01% | 00.0% | Unchanged |
| Boltwood Capital Management | 2,377 | $686.3K | 0.18% | −68−2.8% | Reduced |
| Mendel Money Management | 2,365 | $682.8K | 0.29% | −21−0.9% | Reduced |
| AlphaCore Capital LLC | 2,365 | $682.8K | 0.02% | +1,822+335.5% | Added |
| Elser Financial Planning, Inc | 2,359 | $681.1K | 0.50% | +3+0.1% | Added |
| Sigma Planning Corp | 2,347 | $677.7K | 0.02% | −63−2.6% | Reduced |
| Atlantic Edge Private Wealth Management, LLC | 2,335 | $674.3K | 0.17% | −25−1.1% | Reduced |
| Financial Planning Hawaii, Inc. | 2,334 | $673.9K | 0.39% | +2,334 | New |
| Washington Capital Management Inc | 2,325 | $671.3K | 0.54% | −1,500−39.2% | Reduced |
| Gilliland Jeter Wealth Management LLC | 2,314 | $668.1K | 0.20% | +5+0.2% | Added |
| Focus Financial Network, Inc. | 2,313 | $667.9K | 0.02% | +10.0% | Added |
| Boothbay Fund Management, LLC | 2,310 | $666.9K | 0.02% | +1,492+182.4% | Added |
| Mesirow Financial Investment Management, Inc. | 2,308 | $666.5K | 0.01% | −39−1.7% | Reduced |
| Hoxton Planning & Management, LLC | 2,296 | $662.9K | 0.20% | −9−0.4% | Reduced |
| Monarch Capital Management Inc | 2,295 | $662.6K | 0.16% | −295−11.4% | Reduced |
| Lantern Wealth Advisors, LLC | 2,290 | $661.2K | 0.35% | +200+9.6% | Added |
| Gratus Wealth Advisors, LLC | 2,290 | $661.1K | 0.09% | −121−5.0% | Reduced |
| Hilltop Holdings Inc. | 2,281 | $658.5K | 0.04% | −59−2.5% | Reduced |
| Howland Capital Management LLC | 2,277 | $657.4K | 0.03% | 00.0% | Unchanged |
| TCG Advisory Services, LLC | 2,276 | $657.2K | 0.02% | +80+3.6% | Added |
| Meridian Wealth Management, LLC | 2,274 | $656.7K | 0.02% | +10.0% | Added |
| Coastwise Capital Group, LLC | 2,273 | $656.3K | 0.33% | +2+0.1% | Added |
| Fort Washington Investment Advisors Inc | 2,270 | $655.4K | 0.00% | −34−1.5% | Reduced |
| Verus Financial Partners, Inc. | 2,270 | $654.4K | 0.06% | +273+13.7% | Added |
| Larson Financial Group LLC | 2,262 | $653.1K | 0.02% | +19+0.8% | Added |
| Cornell Pochily Investment Advisors, Inc. | 2,244 | $647.9K | 0.19% | 00.0% | Unchanged |
| Reynders McVeigh Capital Management, LLC | 2,240 | $647.0K | 0.03% | −37−1.6% | Reduced |
| Sage Investment Advisers LLC | 2,235 | $645.3K | 0.48% | +2,235 | New |
| WSFS Capital Management, LLC | 2,231 | $644.2K | 0.03% | −488−17.9% | Reduced |
| Legacy Trust | 2,217 | $640.1K | 0.12% | +416+23.1% | Added |
| Sage Mountain Advisors LLC | 2,217 | $640.0K | 0.03% | −705−24.1% | Reduced |
| Evoke Wealth, LLC | 2,207 | $637.1K | 0.01% | +468+26.9% | Added |
| Sheets Smith Wealth Management | 2,205 | $636.6K | 0.07% | +4+0.2% | Added |
| Kendall Capital Management | 2,203 | $636.0K | 0.13% | −260−10.6% | Reduced |
| Ames National Corp | 2,200 | $635.2K | 0.37% | 00.0% | Unchanged |
| Canal Capital Management, LLC | 2,196 | $633.9K | 0.09% | −10.0% | Reduced |