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 |
|---|---|---|---|---|---|
| Equitable Holdings, Inc. | 2,188 | $631.7K | 0.00% | +412+23.2% | Added |
| Westpac Banking Corp | 2,177 | $628.5K | 0.04% | −83−3.7% | Reduced |
| Avantax Planning Partners, Inc. | 2,177 | $628.5K | 0.02% | +3+0.1% | Added |
| Insigneo Advisory Services, LLC | 2,176 | $628.4K | 0.05% | −373−14.6% | Reduced |
| LongView Wealth Management | 2,174 | $627.8K | 0.15% | +9+0.4% | Added |
| First Manhattan Co | 2,169 | $626.2K | 0.00% | −325−13.0% | Reduced |
| GM Advisory Group, Inc. | 2,168 | $625.9K | 0.02% | −822−27.5% | Reduced |
| Pine Harbor Wealth Management, LLC | 2,168 | $625.8K | 0.19% | −32−1.5% | Reduced |
| Accurate Wealth Management, LLC | 2,170 | $623.4K | 0.08% | +147+7.3% | Added |
| Cigna Investments Inc | 2,157 | $622.0K | 0.09% | −66−3.0% | Reduced |
| Bolthouse Investments, LLC | 2,138 | $617.3K | 0.55% | +181+9.2% | Added |
| SeaCrest Wealth Management, LLC | 2,172 | $617.0K | 0.06% | −67−3.0% | Reduced |
| Ballast, Inc. | 2,129 | $614.7K | 0.14% | −279−11.6% | Reduced |
| Smith, Salley & Associates | 2,128 | $614.4K | 0.03% | −33−1.5% | Reduced |
| Evergreen Capital Management LLC | 2,110 | $609.1K | 0.01% | −158−7.0% | Reduced |
| Mount Yale Investment Advisors, LLC | 2,102 | $607.0K | 0.03% | −1,546−42.4% | Reduced |
| GW Henssler & Associates Ltd | 2,094 | $604.6K | 0.03% | 00.0% | Unchanged |
| Tyche Wealth Partners LLC | 2,094 | $604.6K | 0.10% | +25+1.2% | Added |
| Roberts Wealth Advisors, LLC | 2,075 | $599.1K | 0.16% | −225−9.8% | Reduced |
| Simmons Bank | 2,068 | $597.1K | 0.04% | −120−5.5% | Reduced |
| Oakworth Capital, Inc. | 2,061 | $595.1K | 0.03% | −42−2.0% | Reduced |
| Arkansas Financial Group, Inc. | 2,058 | $594.2K | 0.09% | −57−2.7% | Reduced |
| GHP Investment Advisors, Inc. | 2,056 | $593.6K | 0.02% | 00.0% | Unchanged |
| CDM Financial Counseling Services, Inc. | 2,051 | $592.2K | 0.56% | +2,051 | New |
| Cornerstone Advisors Asset Management, LLC | 2,048 | $591.3K | 0.10% | 00.0% | Unchanged |
| Sapient Capital LLC | 2,032 | $589.5K | 0.01% | −1,115−35.4% | Reduced |
| Mystic Asset Management, Inc. | 2,040 | $589.0K | 0.13% | 00.0% | Unchanged |
| International Assets Investment Management, LLC | 2,028 | $585.5K | 0.04% | −40−1.9% | Reduced |
| U.S. Capital Wealth Advisors, LLC | 2,028 | $585.4K | 0.02% | −14−0.7% | Reduced |
| Vivaldi Capital Management, LLC | 2,027 | $585.2K | 0.08% | −199−8.9% | Reduced |
| Profund Advisors LLC | 2,026 | $584.9K | 0.02% | −326−13.9% | Reduced |
| First National Bank | 2,021 | $583.5K | 0.31% | −15−0.7% | Reduced |
| Trustco Bank Corp N Y | 2,016 | $582.1K | 0.52% | −100−4.7% | Reduced |
| Ameritas Investment Partners, Inc. | 2,008 | $579.8K | 0.02% | −37−1.8% | Reduced |
| Cutler Investment Counsel LLC | 2,008 | $579.8K | 0.06% | 00.0% | Unchanged |
| Coastal Bridge Advisors, LLC | 1,968 | $568.2K | 0.04% | +60+3.1% | Added |
| Shufro Rose & Co LLC | 1,960 | $565.9K | 0.04% | 00.0% | Unchanged |
| Washington Trust Co | 1,954 | $564.2K | 0.02% | −26−1.3% | Reduced |
| McGlone Suttner Wealth Management, Inc. | 1,945 | $561.6K | 0.08% | +230+13.4% | Added |
| KFA Private Wealth Group, LLC | 1,942 | $560.7K | 0.14% | −198−9.3% | Reduced |
| Empower Advisory Group, LLC | 1,938 | $559.5K | 0.00% | +549+39.5% | Added |
| Alpha Cubed Investments, LLC | 1,935 | $558.8K | 0.02% | +47+2.5% | Added |
| Cerro Pacific Wealth Advisors LLC | 1,932 | $557.8K | 0.15% | −199−9.3% | Reduced |
| Fragasso Group Inc. | 1,930 | $557.3K | 0.03% | +62+3.3% | Added |
| Evansbrook LLC | 1,924 | $555.6K | 0.37% | +1,924 | New |
| Inspirion Wealth Advisors, LLC | 1,923 | $555.3K | 0.07% | −85−4.2% | Reduced |
| Ti-Trust, Inc | 1,920 | $554.3K | 0.34% | 00.0% | Unchanged |
| Hara Capital LLC | 1,920 | $554.3K | 0.31% | 00.0% | Unchanged |
| Abacus Planning Group, Inc. | 1,917 | $553.5K | 0.07% | +40+2.1% | Added |
| Pathway Financial Advisors LLC | 1,901 | $553.5K | 0.07% | 00.0% | Unchanged |
| GTS Securities LLC | 1,911 | $551.7K | 0.02% | +1,911 | New |
| WESCAP Management Group, Inc. | 1,905 | $550.0K | 0.11% | −183−8.8% | Reduced |
| McDonald Partners LLC | 1,900 | $548.6K | 0.17% | 00.0% | Unchanged |
| Brown, Lisle/Cummings, Inc. | 1,898 | $548.0K | 0.14% | 00.0% | Unchanged |
| 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 |
| Norris Perne & French LLP | 1,895 | $547.1K | 0.04% | −395−17.2% | Reduced |
| LCNB Corp | 1,881 | $543.1K | 0.18% | −30−1.6% | Reduced |
| Beaton Management Co. Inc. | 1,880 | $543.0K | 0.24% | 00.0% | Unchanged |
| Change Path, LLC | 1,875 | $541.4K | 0.01% | +29+1.6% | Added |
| Meketa Investment Group Inc | 1,873 | $540.8K | 1.83% | 00.0% | Unchanged |
| Cypress Capital Group | 1,870 | $539.9K | 0.06% | 00.0% | Unchanged |
| Fiduciary Family Office, LLC | 1,861 | $537.3K | 0.15% | −1,776−48.8% | Reduced |
| Alchemi Wealth, LLC | 1,858 | $536.9K | 0.29% | +1,858 | New |
| First Horizon Corp | 1,859 | $536.7K | 0.02% | −23−1.2% | Reduced |
| Greystone Financial Group, LLC | 1,855 | $535.5K | 0.08% | 00.0% | Unchanged |
| RFG - Bristol Wealth Advisors, LLC | 1,847 | $533.1K | 0.15% | +1+0.1% | Added |
| Hurlow Wealth Management Group, Inc. | 1,844 | $532.4K | 0.13% | −184−9.1% | Reduced |
| Interchange Capital Partners, LLC | 1,842 | $531.8K | 0.10% | −150−7.5% | Reduced |
| Thoroughbred Financial Services, LLC | 1,839 | $531.0K | 0.03% | 00.0% | Unchanged |
| Successful Portfolios LLC | 1,848 | $530.8K | 0.27% | −7−0.4% | Reduced |
| Calamos Wealth Management LLC | 1,837 | $530.4K | 0.02% | +168+10.1% | Added |
| Piedmont Capital Management, LLC | 1,828 | $527.8K | 0.35% | +1,828 | New |
| Klingman & Associates, LLC | 1,826 | $527.2K | 0.03% | +13+0.7% | Added |
| 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 |
| Eastern Bank | 1,824 | $526.6K | 0.01% | −228−11.1% | Reduced |
| Alerus Financial NA | 1,823 | $526.3K | 0.03% | −19−1.0% | Reduced |
| OpenArc Corporate Advisory, LLC | 1,820 | $525.5K | 0.01% | +1,820 | New |
| Livforsakringsbolaget Skandia, Omsesidigt | 1,818 | $524.9K | 0.02% | 00.0% | Unchanged |
| Clearview Wealth Advisors LLC | 1,806 | $521.3K | 0.33% | −86−4.5% | Reduced |
| Crawford Investment Counsel Inc | 1,804 | $520.9K | 0.01% | 00.0% | Unchanged |
| Bigelow Investment Advisors, LLC | 1,802 | $520.3K | 0.20% | 00.0% | Unchanged |
| Caldwell Sutter Capital, Inc. | 1,800 | $519.7K | 0.22% | 00.0% | Unchanged |
| BankPlus Trust Department | 1,795 | $518.3K | 0.14% | 00.0% | Unchanged |
| Rockland Trust Co | 1,793 | $517.7K | 0.02% | +354+24.6% | Added |
| CNB Bank | 1,787 | $515.9K | 0.21% | −46−2.5% | Reduced |
| Sunpointe, LLC | 1,785 | $515.4K | 0.17% | +172+10.7% | Added |
| MEMBERS Trust Co | 1,778 | $513.3K | 0.02% | −990−35.8% | Reduced |
| Delta Asset Management LLC | 1,778 | $513.3K | 0.04% | −40−2.2% | Reduced |
| CMG Global Holdings, LLC | 1,672 | $513.0K | 0.23% | 00.0% | Unchanged |
| Bowen Hanes & Co Inc | 1,775 | $512.0K | 0.01% | +150+9.2% | 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 |
| BIP Wealth, LLC | 1,762 | $508.7K | 0.02% | +11+0.6% | Added |
| Advisors Capital Management, LLC | 1,760 | $508.4K | 0.01% | +97+5.8% | Added |
| Folger Nolan Fleming Douglas Capital Management, Inc | 1,754 | $506.4K | 0.05% | 00.0% | Unchanged |
| Mirador Capital Partners LP | 1,752 | $505.8K | 0.07% | 00.0% | Unchanged |
| KLCM Advisors, Inc. | 1,750 | $505.3K | 0.04% | −250−12.5% | Reduced |
| Raab & Moskowitz Asset Management LLC | 1,749 | $505.0K | 0.11% | 00.0% | Unchanged |