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 |
|---|---|---|---|---|---|
| Biltmore Family Office, LLC | 1,102 | $318.2K | 0.04% | +60+5.8% | Added |
| Wealth Group, Ltd. | 1,100 | $318.0K | 0.31% | +1,100 | New |
| 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 |
| 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 |
| QTR Family Wealth, LLC | 1,003 | $316.4K | 0.14% | −11−1.1% | Reduced |
| AlphaGrep UK Ltd | 1,095 | $316.1K | 0.11% | +1,095 | New |
| Smithbridge Asset Management Inc | 1,095 | $316.1K | 0.03% | +1,095 | New |
| FourThought Financial Partners, LLC | 1,093 | $315.7K | 0.03% | +45+4.3% | Added |
| OneAscent Financial Services LLC | 1,087 | $313.8K | 0.03% | −567−34.3% | Reduced |
| Main Street Financial Solutions, LLC | 1,083 | $312.8K | 0.02% | +14+1.3% | Added |
| Fulton Breakefield Broenniman LLC | 1,082 | $312.5K | 0.02% | 00.0% | Unchanged |
| Douglas Lane & Associates, LLC | 1,082 | $312.4K | 0.00% | 00.0% | Unchanged |
| Maia Wealth LLC | 992 | $312.1K | 0.05% | −15−1.5% | Reduced |
| Hoge Financial Services, LLC | 1,074 | $310.1K | 0.17% | +8+0.8% | Added |
| Hanlon Investment Management, Inc. | 1,074 | $310.1K | 0.17% | +78+7.8% | Added |
| MJP Associates Inc | 1,073 | $309.8K | 0.04% | +24+2.3% | Added |
| 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 |
| Pointe Capital Management LLC | 1,071 | $309.2K | 0.15% | 00.0% | Unchanged |
| Cercano Management LLC | 1,069 | $308.6K | 0.01% | 00.0% | Unchanged |
| Mirabella Financial Services LLP | 1,068 | $308.4K | 0.03% | +1,068 | New |
| Stockman Wealth Management, Inc. | 1,067 | $308.1K | 0.04% | +1,067 | New |
| Sunburst Financial Group, LLC | 1,063 | $306.9K | 0.06% | 00.0% | Unchanged |
| Founders Financial Securities LLC | 1,061 | $306.3K | 0.02% | +1,061 | New |
| Twin Capital Management Inc | 1,060 | $306.0K | 0.04% | +208+24.4% | Added |
| Tennessee Valley Asset Management Partners | 1,055 | $304.6K | 0.04% | −207−16.4% | Reduced |
| Tradewinds Capital Management, LLC | 1,053 | $304.0K | 0.06% | −951−47.5% | Reduced |
| Johnson Bixby & Associates, LLC | 1,052 | $303.7K | 0.04% | −6−0.6% | Reduced |
| Tradition Wealth Management, LLC | 1,051 | $303.4K | 0.02% | −50−4.5% | Reduced |
| Journey Strategic Wealth LLC | 1,051 | $303.3K | 0.01% | +152+16.9% | 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 |
| Richwood Investment Advisors, LLC | 983 | $301.3K | 0.22% | +70+7.7% | Added |
| Accredited Investors Inc. | 1,043 | $301.2K | 0.02% | 00.0% | Unchanged |
| Stratos Wealth Advisors, LLC | 1,042 | $301.0K | 0.01% | −5−0.5% | Reduced |
| BridgePort Financial Solutions, LLC | 1,042 | $300.9K | 0.08% | 00.0% | Unchanged |
| Prudent Investors Network | 1,039 | $300.0K | 0.07% | −1,677−61.7% | Reduced |
| Ci Investments Inc. | 1,038 | $299.7K | 0.00% | −7,451−87.8% | Reduced |
| Strategic Blueprint, LLC | 1,036 | $299.0K | 0.02% | −208−16.7% | Reduced |
| Bristol John W & Co Inc | 1,035 | $298.8K | 0.00% | 00.0% | Unchanged |
| Carson Advisory Inc. | 1,034 | $298.6K | 0.16% | +27+2.7% | Added |
| Elwood & Goetz Wealth Advisory Group, LLC | 1,033 | $298.2K | 0.05% | +17+1.7% | Added |
| Sound Income Strategies, LLC | 1,024 | $297.7K | 0.01% | +479+87.9% | Added |
| 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 |
| Sterling Capital Management LLC | 1,028 | $296.8K | 0.00% | −325−24.0% | Reduced |
| West Family Investments, Inc. | 1,027 | $296.5K | 0.07% | 00.0% | Unchanged |
| Spire Wealth Management | 1,023 | $295.2K | 0.01% | −348−25.4% | Reduced |
| TCP Asset Management, LLC | 1,011 | $291.9K | 0.05% | 00.0% | Unchanged |
| Tradewinds, LLC. | 1,008 | $291.0K | 0.07% | −43−4.1% | Reduced |
| Quaker Wealth Management, LLC | 1,008 | $290.9K | 0.09% | 00.0% | Unchanged |
| Peachtree Investment Partners, LLC | 1,007 | $290.8K | 0.10% | +3+0.3% | Added |
| Root Financial Partners, LLC | 1,006 | $290.5K | 0.02% | +54+5.7% | Added |
| Massmutual Trust Co FSB | 1,002 | $289.3K | 0.01% | −107−9.6% | Reduced |
| Argus Investors' Counsel, Inc. | 1,000 | $288.7K | 0.23% | 00.0% | Unchanged |
| J. L. Bainbridge & Co., Inc. | 1,000 | $288.7K | 0.02% | 00.0% | Unchanged |
| Constitution Capital LLC | 1,000 | $288.7K | 0.14% | 00.0% | Unchanged |
| bLong Financial, LLC | 1,000 | $288.7K | 0.20% | 00.0% | Unchanged |
| McMillan Office, Inc. | 1,000 | $288.7K | 0.03% | +1,000 | New |
| Brandywine Oak Private Wealth LLC | 999 | $288.4K | 0.02% | 00.0% | Unchanged |
| Procyon Private Wealth Partners, LLC | 997 | $287.9K | 0.01% | +255+34.4% | Added |
| Saxon Interests, Inc. | 995 | $287.3K | 0.10% | +1+0.1% | Added |
| Horizon Bancorp Inc | 995 | $287.0K | 0.14% | −474−32.3% | Reduced |
| Wayfinding Financial, LLC | 997 | $287.0K | 0.12% | −10−1.0% | Reduced |
| Los Angeles Capital Management LLC | 1,019 | $287.0K | 0.00% | −32−3.0% | Reduced |
| Tilia Fiduciary Partners, Inc. | 990 | $285.8K | 0.16% | −7−0.7% | Reduced |
| Quantum Financial Advisors, LLC | 990 | $285.7K | 0.03% | +990 | New |
| Cullen Investment Group, Ltd. | 994 | $285.5K | 0.04% | −105−9.6% | Reduced |
| VestGen Advisors, LLC | 987 | $285.0K | 0.01% | +172+21.1% | Added |
| Welch & Forbes LLC | 987 | $285.0K | 0.00% | 00.0% | Unchanged |
| Vista Capital Partners, Inc. | 987 | $285.0K | 0.03% | +987 | New |
| Creekside Partners | 983 | $283.8K | 0.12% | 00.0% | Unchanged |
| Beto Financial Group, LLC | 972 | $283.3K | 0.19% | +972 | New |
| Strategic Investment Advisors | 981 | $283.2K | 0.02% | +14+1.4% | Added |
| Trinity Financial Advisors LLC | 980 | $283.0K | 0.08% | 00.0% | Unchanged |
| Marotta Asset Management | 975 | $281.4K | 0.05% | 00.0% | Unchanged |
| Longboard Asset Management, LP | 973 | $280.9K | 1.79% | 00.0% | Unchanged |
| Old North State Trust, LLC | 969 | $280.0K | 0.17% | −182−15.8% | Reduced |
| Asset Dedication, LLC | 967 | $279.2K | 0.02% | −125−11.4% | Reduced |
| Fukoku Mutual Life Insurance Co | 967 | $279.2K | 0.02% | +105+12.2% | Added |
| Aviance Capital Partners, LLC | 962 | $277.7K | 0.03% | 00.0% | Unchanged |
| Gladstone Institutional Advisory LLC | 961 | $277.6K | 0.01% | −38−3.8% | Reduced |
| CRA Financial Services, LLC | 958 | $276.6K | 0.04% | −3−0.3% | Reduced |
| Seascape Capital Management | 955 | $276.0K | 0.08% | −114−10.7% | Reduced |
| Frec Markets, Inc. | 955 | $275.9K | 0.08% | +955 | New |
| SmartHarvest Portfolios, LLC | 952 | $274.9K | 0.10% | +952 | New |
| Triangle Securities Wealth Management | 952 | $274.9K | 0.06% | −45−4.5% | Reduced |
| Tritonpoint Wealth, LLC | 952 | $274.8K | 0.03% | −89−8.5% | Reduced |
| Raleigh Capital Management Inc. | 952 | $274.8K | 0.10% | −342−26.4% | Reduced |
| Wealth Preservation Advisors, LLC | 950 | $274.3K | 0.14% | 00.0% | Unchanged |
| MCF Advisors LLC | 949 | $274.0K | 0.02% | 00.0% | Unchanged |
| Master's Wealth Management Inc. | 948 | $273.8K | 0.10% | +223+30.8% | Added |
| Pure Financial Advisors, Inc. | 948 | $273.7K | 0.00% | +45+5.0% | Added |
| Courier Capital LLC | 945 | $272.8K | 0.02% | −225−19.2% | Reduced |
| Cassaday & Co Wealth Management LLC | 943 | $272.3K | 0.01% | 00.0% | Unchanged |
| Kathmere Capital Management, LLC | 943 | $272.3K | 0.02% | +5+0.5% | Added |
| Optiver Holding B.V. | 941 | $271.7K | 0.00% | +409+76.9% | Added |