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 |
|---|---|---|---|---|---|
| Johnson Financial Group, Inc. | 1,743 | $503.2K | 0.02% | −304−14.9% | Reduced |
| Cidel Asset Management Inc | 1,737 | $501.5K | 0.04% | 00.0% | Unchanged |
| Roof Eidam & Maycock | 1,735 | $500.9K | 0.11% | 00.0% | Unchanged |
| Norden Group LLC | 1,734 | $500.9K | 0.05% | +792+84.1% | Added |
| ARS Investment Partners, LLC | 1,734 | $500.6K | 0.03% | 00.0% | Unchanged |
| TCI Wealth Advisors, Inc. | 1,726 | $498.3K | 0.03% | +3+0.2% | Added |
| Relyea Zuckerberg Hanson LLC | 1,720 | $496.6K | 0.05% | +9+0.5% | Added |
| Optas, LLC | 1,713 | $494.7K | 0.08% | −135−7.3% | Reduced |
| Howard Capital Management Inc. | 1,711 | $494.0K | 0.01% | +8+0.5% | Added |
| Kera Capital Partners, Inc. | 1,691 | $492.5K | 0.06% | +286+20.4% | Added |
| Hanson & Doremus Investment Management | 1,703 | $492.0K | 0.06% | −16−0.9% | Reduced |
| Parsons Capital Management Inc | 1,700 | $490.8K | 0.03% | +90+5.6% | Added |
| Red Door Wealth Management, LLC | 1,699 | $490.5K | 0.05% | +1+0.1% | Added |
| Sollinda Capital Management LLC | 1,687 | $487.1K | 0.12% | −818−32.7% | Reduced |
| Spinnaker Trust | 1,685 | $486.5K | 0.03% | 00.0% | Unchanged |
| Laurel Wealth Advisors LLC | 1,675 | $483.6K | 0.06% | 00.0% | Unchanged |
| Bay Capital Advisors, LLC | 1,674 | $483.3K | 0.29% | −245−12.8% | Reduced |
| Graves-Light Private Wealth Management, Inc. | 1,673 | $483.0K | 0.05% | 00.0% | Unchanged |
| W Advisors, LLC | 1,673 | $482.9K | 0.24% | +4+0.2% | Added |
| Diversify Advisory Services, LLC | 1,647 | $478.6K | 0.02% | +44+2.7% | Added |
| OLIO Financial Planning | 1,653 | $477.2K | 0.13% | +7+0.4% | Added |
| Greatmark Investment Partners, Inc. | 1,652 | $477.0K | 0.06% | +277+20.1% | Added |
| Plancorp, LLC | 1,646 | $475.2K | 0.01% | +4+0.2% | Added |
| Capital Planning Advisors, LLC | 1,645 | $474.9K | 0.06% | +11+0.7% | Added |
| Princeton Global Asset Management LLC | 1,643 | $474.4K | 0.08% | +3+0.2% | Added |
| Nalls Sherbakoff Group, LLC | 1,641 | $473.7K | 0.34% | +1+0.1% | Added |
| Groupama Asset Managment | 1,632 | $471.2K | 0.01% | −170−9.4% | Reduced |
| Integrity Advisory Solutions, LLC | 1,629 | $470.3K | 0.07% | −57−3.4% | Reduced |
| Rexford Capital Inc | 1,624 | $468.9K | 0.36% | 00.0% | Unchanged |
| Fca Corp | 1,600 | $462.0K | 0.13% | −800−33.3% | Reduced |
| David J Yvars Group | 1,590 | $459.1K | 0.24% | 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 |
| Hartford Financial Management Inc. | 1,587 | $458.2K | 0.12% | 00.0% | Unchanged |
| KCM Investment Advisors LLC | 1,577 | $455.3K | 0.01% | +22+1.4% | Added |
| First City Capital Management, Inc. | 1,575 | $454.7K | 0.24% | −55−3.4% | Reduced |
| B&L Asset Management LLC | 1,572 | $453.9K | 0.20% | −18−1.1% | Reduced |
| Grandview Asset Management LLC | 1,570 | $453.4K | 0.12% | −135−7.9% | Reduced |
| V-Square Quantitative Management LLC | 1,561 | $450.7K | 0.05% | +1,561 | New |
| PFC Capital Group, Inc. | 1,558 | $449.0K | 0.19% | −136−8.0% | Reduced |
| Evolve Private Wealth, LLC | 1,543 | $445.5K | 0.03% | +1,543 | New |
| Birch Hill Investment Advisors LLC | 1,537 | $443.8K | 0.02% | 00.0% | Unchanged |
| 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 |
| Providence First Trust Co | 1,534 | $442.9K | 0.15% | +1,534 | New |
| Security National Bank of So Dak | 1,533 | $442.6K | 0.22% | 00.0% | Unchanged |
| Davidson Trust Co | 1,532 | $442.3K | 0.18% | +572+59.6% | Added |
| Stokes Family Office, LLC | 1,531 | $442.0K | 0.04% | +219+16.7% | Added |
| BCK Partners, Inc. | 1,525 | $440.3K | 0.24% | −50−3.2% | Reduced |
| Fundamentun, LLC | 1,521 | $439.2K | 0.02% | −178−10.5% | Reduced |
| D'Orazio & Associates, Inc. | 1,518 | $438.2K | 0.06% | 00.0% | Unchanged |
| EJMK Ventures LLC | 1,515 | $437.4K | 0.27% | +1,515 | New |
| Cheviot Value Management, LLC | 1,535 | $436.7K | 0.04% | 00.0% | Unchanged |
| Ameritas Advisory Services, LLC | 1,512 | $436.4K | 0.02% | +350+30.1% | Added |
| apricus wealth, LLC | 1,510 | $436.0K | 0.22% | −293−16.3% | Reduced |
| Foster Victor Wealth Advisors, LLC | 1,500 | $435.9K | 0.03% | −219−12.7% | Reduced |
| Opal Wealth Advisors, LLC | 1,504 | $434.2K | 0.11% | 00.0% | Unchanged |
| First Financial Bankshares Inc | 1,502 | $433.7K | 0.01% | +446+42.2% | Added |
| Blue Edge Capital, LLC | 1,500 | $433.1K | 0.06% | 00.0% | Unchanged |
| Flagship Wealth Advisors, LLC | 1,500 | $433.1K | 0.13% | 00.0% | Unchanged |
| Chung Wu Investment Group, LLC | 1,500 | $433.1K | 0.35% | 00.0% | Unchanged |
| Fire Capital Management LLC | 1,500 | $433.1K | 0.22% | 00.0% | Unchanged |
| Medallion Wealth Advisors, LLC | 1,500 | $433.1K | 0.15% | 00.0% | Unchanged |
| Perpetual Ltd | 1,495 | $431.6K | 0.01% | +1,495 | New |
| EverSource Wealth Advisors, LLC | 1,492 | $431.0K | 0.02% | −27−1.8% | Reduced |
| Bank of New Hampshire | 1,490 | $430.2K | 0.10% | 00.0% | Unchanged |
| Financial Advisory Service, Inc. | 1,488 | $429.7K | 0.03% | +66+4.6% | Added |
| Chicago Capital, LLC | 1,481 | $427.6K | 0.01% | +10+0.7% | Added |
| TD Private Client Wealth LLC | 1,477 | $426.4K | 0.01% | −80−5.1% | Reduced |
| Regatta Capital Group, LLC | 1,476 | $426.2K | 0.06% | −16−1.1% | Reduced |
| American State Bank (Iowa) | 1,475 | $425.9K | 0.20% | 00.0% | Unchanged |
| Stony Point Wealth Management Inc. | 1,471 | $424.7K | 0.16% | +5+0.3% | Added |
| Resources Management Corp | 1,470 | $424.0K | 0.05% | −260−15.0% | Reduced |
| Commonwealth Retirement Investments LLC | 1,466 | $423.3K | 0.14% | −4−0.3% | Reduced |
| Gables Capital Management Inc. | 1,466 | $423.3K | 0.18% | 00.0% | Unchanged |
| Diversified Management Inc | 1,466 | $423.3K | 0.10% | +1,466 | New |
| Bell Bank | 1,465 | $423.0K | 0.02% | 00.0% | Unchanged |
| Pinnacle Wealth Management Advisory Group, LLC | 1,449 | $418.4K | 0.03% | +33+2.3% | Added |
| Pavion Blue Capital, LLC | 1,444 | $416.9K | 0.17% | 00.0% | Unchanged |
| Fulcrum Asset Management LLP | 1,420 | $412.0K | 0.11% | 00.0% | Unchanged |
| Birch Financial Group, LLC | 1,426 | $411.8K | 0.23% | −9−0.6% | Reduced |
| Ostrum Asset Management | 1,425 | $411.4K | 0.02% | −473−24.9% | Reduced |
| Southeast Asset Advisors Inc. | 1,421 | $410.4K | 0.04% | +1+0.1% | Added |
| Pioneer Wealth Management Group | 1,421 | $410.3K | 0.12% | 00.0% | Unchanged |
| Founders Capital Management, LLC | 1,417 | $409.1K | 0.06% | +62+4.6% | Added |
| Hazlett, Burt & Watson, Inc. | 1,414 | $409.0K | 0.13% | +8+0.6% | Added |
| Diversified Enterprises, LLC | 1,415 | $408.6K | 0.02% | +172+13.8% | Added |
| Retirement Planning Group | 1,413 | $407.9K | 0.01% | +172+13.9% | Added |
| Moment Partners, LLC | 1,409 | $406.7K | 0.08% | −206−12.8% | Reduced |
| Sivia Capital Partners, LLC | 1,404 | $405.4K | 0.08% | +5+0.4% | Added |
| Harbour Investments, Inc. | 1,398 | $403.7K | 0.01% | −862−38.1% | Reduced |
| CWA Asset Management Group, LLC | 1,395 | $402.8K | 0.01% | −141−9.2% | Reduced |
| Citizens Business Bank | 1,395 | $402.8K | 0.07% | 00.0% | Unchanged |
| Everett Harris & Co | 1,392 | $401.9K | 0.00% | −84−5.7% | Reduced |
| Nixon Peabody Trust Co | 1,391 | $401.6K | 0.03% | −25−1.8% | Reduced |
| Walker Asset Management, LLC | 1,387 | $400.4K | 0.22% | +3+0.2% | Added |
| Cypress Wealth Services, LLC | 1,384 | $399.7K | 0.06% | +714+106.6% | Added |
| Cannon Wealth Management Services, LLC | 1,384 | $399.6K | 0.28% | −2−0.1% | Reduced |
| Beacon Investment Advisory Services, Inc. | 1,379 | $398.1K | 0.02% | 00.0% | Unchanged |
| Pine Haven Investment Counsel, Inc | 1,376 | $397.4K | 0.28% | 00.0% | Unchanged |