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 |
|---|---|---|---|---|---|
| Atlantic Trust, LLC | 763 | $220.3K | 0.03% | +6+0.8% | Added |
| 71 West Capital Partners | 762 | $220.0K | 0.01% | +762 | New |
| Camden Capital, LLC | 756 | $218.5K | 0.01% | −39−4.9% | Reduced |
| LVZ Advisors, Inc. | 755 | $218.0K | 0.02% | −63−7.7% | Reduced |
| Greenfield Savings Bank | 755 | $218.0K | 0.09% | +4+0.5% | Added |
| Patton Fund Management, Inc. | 754 | $217.7K | 0.03% | −239−24.1% | Reduced |
| Savvy Advisors, Inc. | 752 | $217.2K | 0.01% | +752 | New |
| 626 Financial, LLC | 752 | $217.1K | 0.09% | 00.0% | Unchanged |
| Tiemann Investment Advisors, LLC | 752 | $217.1K | 0.08% | −110−12.8% | Reduced |
| Strathmore Capital Advisors, Inc. | 751 | $216.8K | 0.07% | +21+2.9% | Added |
| Farmers & Merchants Trust Co of Long Beach | 751 | $216.8K | 0.05% | −25−3.2% | Reduced |
| Alpha Financial Partners, LLC | 750 | $216.6K | 0.13% | +38+5.3% | Added |
| Washington Trust Bank | 750 | $216.5K | 0.02% | 00.0% | Unchanged |
| Allen Mooney & Barnes Investment Advisors LLC | 750 | $216.5K | 0.03% | 00.0% | Unchanged |
| Cullen Capital Management LLC | 747 | $215.7K | 0.00% | −120,604−99.4% | Reduced |
| COFG Advisors, LLC | 747 | $215.5K | 0.05% | +747 | New |
| Wealth Dimensions Group, Ltd. | 745 | $215.1K | 0.04% | −81−9.8% | Reduced |
| Atlas Brown,Inc. | 744 | $214.9K | 0.06% | 00.0% | Unchanged |
| Sunflower Bank, N.A. | 744 | $214.8K | 0.05% | +48+6.9% | Added |
| Ignite Planners, LLC | 736 | $214.4K | 0.03% | +51+7.4% | Added |
| Trust Investment Advisors | 742 | $214.2K | 0.11% | −59−7.4% | Reduced |
| Wealth Alliance | 741 | $213.9K | 0.02% | −221−23.0% | Reduced |
| Rockline Wealth Management, LLC | 739 | $213.4K | 0.04% | 00.0% | Unchanged |
| Lee Financial Co | 736 | $212.5K | 0.03% | −88−10.7% | Reduced |
| Baron Wealth Management LLC | 735 | $212.2K | 0.07% | 00.0% | Unchanged |
| Elevatus Welath Management | 733 | $211.6K | 0.06% | 00.0% | Unchanged |
| Versant Capital Management, Inc | 727 | $209.9K | 0.03% | −8−1.1% | Reduced |
| Badgley Phelps Wealth Managers, LLC | 725 | $209.3K | 0.00% | 00.0% | Unchanged |
| Hall Laurie J Trustee | 725 | $209.3K | 0.07% | 00.0% | Unchanged |
| Summit Global Investments | 722 | $209.0K | 0.01% | −26−3.5% | Reduced |
| GreatBanc Trust CO | 722 | $208.5K | 0.15% | −16−2.2% | Reduced |
| Keudell/Morrison Wealth Management | 719 | $207.6K | 0.04% | +719 | New |
| Daner Wealth Management, LLC | 654 | $206.2K | 0.13% | +654 | New |
| Samalin Investment Counsel, LLC | 712 | $205.7K | 0.07% | +3+0.4% | Added |
| BKM Wealth Management, LLC | 711 | $205.3K | 0.08% | −86−10.8% | Reduced |
| Fusion Capital, LLC | 710 | $205.1K | 0.06% | −20−2.7% | Reduced |
| R Squared Ltd | 710 | $205.0K | 0.10% | −2,595−78.5% | Reduced |
| Maple Capital Management, Inc. | 709 | $204.7K | 0.01% | −10−1.4% | Reduced |
| Chesley Taft & Associates LLC | 709 | $204.7K | 0.01% | +3+0.4% | Added |
| Western Wealth Management, LLC | 709 | $204.7K | 0.01% | −12−1.7% | Reduced |
| McAdam, LLC | 708 | $204.5K | 0.01% | +708 | New |
| Alaethes Wealth LLC | 708 | $204.4K | 0.06% | 00.0% | Unchanged |
| Great Valley Advisor Group, Inc. | 706 | $204.0K | 0.00% | +706 | New |
| Marin Bay Wealth Advisors, LLC | 705 | $203.5K | 0.12% | +705 | New |
| Oceanside Advisors LLC | 704 | $203.3K | 0.12% | 00.0% | Unchanged |
| First Foundation Advisors | 704 | $203.3K | 0.01% | 00.0% | Unchanged |
| Journey Retirement Planning & Investment Management LLC | 700 | $202.2K | 0.04% | +700 | New |
| Cypress Asset Management Inc | 700 | $202.1K | 0.04% | 00.0% | Unchanged |
| WealthTrust Axiom LLC | 700 | $202.1K | 0.05% | 00.0% | Unchanged |
| Cowa, LLC | 700 | $202.1K | 0.06% | 00.0% | Unchanged |
| Pin Oak Investment Advisors Inc | 657 | $202.0K | 0.14% | 00.0% | Unchanged |
| Stronghold Wealth Management L.L.C. | 699 | $201.8K | 0.30% | +699 | New |
| Frisch Financial Group, Inc. | 699 | $201.7K | 0.05% | +1+0.1% | Added |
| FC Advisory LLC | 698 | $201.4K | 0.06% | 00.0% | Unchanged |
| Cromwell Holdings LLC | 696 | $200.9K | 0.11% | 00.0% | Unchanged |
| Albion Financial Group | 695 | $200.7K | 0.01% | +200+40.4% | Added |
| Resonant Capital Advisors, LLC | 695 | $200.7K | 0.01% | +24+3.6% | Added |
| Horst & Graben Wealth Management LLC | 694 | $200.3K | 0.03% | −4−0.6% | Reduced |
| AdvisorNet Financial, Inc | 693 | $200.1K | 0.01% | +12+1.8% | Added |
| First Command Advisory Services, Inc. | 678 | $195.8K | 0.00% | +317+87.8% | Added |
| Crewe Advisors LLC | 677 | $195.5K | 0.02% | +2+0.3% | Added |
| Rowland & Co Investment Counsel | 676 | $195.2K | 0.04% | 00.0% | Unchanged |
| Gen-Wealth Partners Inc | 673 | $194.3K | 0.06% | −9−1.3% | Reduced |
| Avalon Trust Co | 656 | $189.5K | 0.01% | 00.0% | Unchanged |
| Mark Sheptoff Financial Planning, LLC | 650 | $187.7K | 0.09% | 00.0% | Unchanged |
| Onefund, LLC | 649 | $187.4K | 0.11% | +37+6.0% | Added |
| ESL Trust Services, LLC | 638 | $184.2K | 0.04% | 00.0% | Unchanged |
| Proffitt & Goodson Inc | 604 | $174.4K | 0.02% | −1−0.2% | Reduced |
| Trifecta Capital Advisors, LLC | 600 | $173.2K | 0.03% | −10−1.6% | Reduced |
| Wall Street Access Asset Management, LLC | 583 | $168.3K | 0.04% | 00.0% | Unchanged |
| Osterweis Capital Management Inc | 582 | $168.0K | 0.01% | 00.0% | Unchanged |
| Quattro Advisors LLC | 575 | $166.1K | 0.13% | +575 | New |
| Rossby Financial, LCC | 565 | $163.1K | 0.05% | +294+108.5% | Added |
| Curat Global, LLC | 555 | $160.2K | 0.18% | 00.0% | Unchanged |
| Elyxium Wealth, LLC | 554 | $160.0K | 0.04% | +554 | New |
| Centennial Bank | 551 | $159.1K | 0.06% | 00.0% | Unchanged |
| Sentry Investment Management LLC | 549 | $159.0K | 0.10% | 00.0% | Unchanged |
| Rosenberg Matthew Hamilton | 542 | $156.5K | 0.03% | 00.0% | Unchanged |
| Inlight Wealth Management, LLC | 541 | $156.2K | 0.06% | 00.0% | Unchanged |
| West Branch Capital LLC | 525 | $151.6K | 0.04% | −46−8.1% | Reduced |
| SBI Securities Co., Ltd. | 524 | $151.3K | 0.00% | 00.0% | Unchanged |
| Bravera Wealth | 508 | $146.7K | 0.07% | +508 | New |
| Crews Bank & Trust | 507 | $146.4K | 0.02% | 00.0% | Unchanged |
| True Wealth Design, LLC | 500 | $144.4K | 0.04% | +351+235.6% | Added |
| Coastline Trust Co | 500 | $144.4K | 0.01% | 00.0% | Unchanged |
| Washington Trust Advisors, Inc. | 500 | $144.4K | 0.01% | 00.0% | Unchanged |
| Horizon Financial Services, LLC | 495 | $143.0K | 0.07% | +2+0.4% | Added |
| Duncker Streett & Co Inc | 495 | $142.9K | 0.03% | 00.0% | Unchanged |
| First United Bank Trust | 485 | $140.0K | 0.04% | 00.0% | Unchanged |
| Walleye Capital LLC | 485 | $140.0K | 0.00% | −3,089−86.4% | Reduced |
| Clean Yield Group | 474 | $136.9K | 0.04% | 00.0% | Unchanged |
| Quest Partners LLC | 466 | $134.5K | 0.01% | −6,740−93.5% | Reduced |
| Joseph Group Capital Management | 459 | $132.5K | 0.03% | +19+4.3% | Added |
| Bank & Trust Co | 454 | $131.1K | 0.09% | +112+32.7% | Added |
| Hollencrest Capital Management | 450 | $129.9K | 0.00% | 00.0% | Unchanged |
| Capital Analysts, LLC | 446 | $129.0K | 0.00% | 00.0% | Unchanged |
| Bayforest Capital Ltd | 436 | $125.9K | 0.09% | +436 | New |
| Glass Jacobson Investment Advisors llc | 430 | $124.2K | 0.04% | 00.0% | Unchanged |
| Grove Bank & Trust | 430 | $124.2K | 0.01% | 00.0% | Unchanged |
| Exchange Traded Concepts, LLC | 429 | $123.9K | 0.00% | −2,980−87.4% | Reduced |