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 |
|---|---|---|---|---|---|
| Greenland Capital Management LP | 69,453 | $20.1M | 2.90% | +33,895+95.3% | Added |
| Bartlett & Co. Wealth Management LLC | 69,414 | $20.0M | 0.26% | −438−0.6% | Reduced |
| Van Eck Associates Corp | 69,307 | $20.0M | 0.02% | +4,238+6.5% | Added |
| Comerica Bank | 67,235 | $19.4M | 0.08% | −6,620−9.0% | Reduced |
| New York Life Investment Management LLC | 65,764 | $19.0M | 0.16% | +1,629+2.5% | Added |
| Oddo BHF Asset Management SAS | 65,000 | $18.8M | 0.70% | +57,500+766.7% | Added |
| Public Sector Pension Investment Board | 64,870 | $18.7M | 0.06% | +45,497+234.8% | Added |
| P Schoenfeld Asset Management LP | 64,700 | $18.7M | 9.16% | +45,000+228.4% | Added |
| STRS Ohio | 64,676 | $18.7M | 0.07% | +11,439+21.5% | Added |
| Arizona State Retirement System | 63,247 | $18.3M | 0.10% | −2,584−3.9% | Reduced |
| Lowe Brockenbrough & Co Inc | 63,109 | $18.2M | 0.90% | +60.0% | Added |
| Advisor Group Holdings, Inc. | 62,492 | $18.1M | 0.03% | +10,453+20.1% | Added |
| Brown Advisory Inc | 62,059 | $17.9M | 0.02% | −2,367−3.7% | Reduced |
| Richard C. Young & CO., LTD. | 61,328 | $17.7M | 1.59% | −1,273−2.0% | Reduced |
| Ofi Invest Asset Management | 71,300 | $17.5M | 0.25% | +71,300 | New |
| Victory Capital Management Inc | 60,342 | $17.4M | 0.01% | −16,907−21.9% | Reduced |
| Czech National Bank | 59,167 | $17.1M | 0.11% | +2,185+3.8% | Added |
| State of Michigan Retirement System | 58,790 | $17.0M | 0.08% | −1,900−3.1% | Reduced |
| Brevan Howard Capital Management LP | 58,018 | $16.8M | 0.32% | +42,605+276.4% | Added |
| Skylands Capital, LLC | 57,880 | $16.7M | 2.27% | −1,800−3.0% | Reduced |
| Healthcare of Ontario Pension Plan Trust Fund | 57,620 | $16.6M | 0.03% | −5,011−8.0% | Reduced |
| CIBC Asset Management Inc | 57,600 | $16.6M | 0.04% | +20,904+57.0% | Added |
| SCS Capital Management LLC | 57,016 | $16.5M | 0.17% | −73−0.1% | Reduced |
| Kimelman & Baird, LLC | 56,880 | $16.4M | 1.26% | 00.0% | Unchanged |
| Skandinaviska Enskilda Banken AB (publ) | 56,622 | $16.3M | 0.07% | +6,657+13.3% | Added |
| Rockefeller Capital Management L.P. | 56,472 | $16.3M | 0.03% | +832+1.5% | Added |
| IFM Investors Pty Ltd | 55,733 | $16.1M | 0.13% | −544−1.0% | Reduced |
| Davidson Investment Advisors | 54,626 | $15.8M | 0.66% | −598−1.1% | Reduced |
| BNP PARIBAS ASSET MANAGEMENT Holding S.A. | 54,098 | $15.6M | 0.02% | +27,675+104.7% | Added |
| MetLife Investment Management | 53,816 | $15.5M | 0.08% | −1,875−3.4% | Reduced |
| Versor Investments LP | 53,663 | $15.5M | 2.41% | +6,146+12.9% | Added |
| Fjarde Ap-Fonden /Fourth Swedish National Pension Fund | 52,712 | $15.2M | 0.13% | −3,200−5.7% | Reduced |
| Mercer Global Advisors Inc | 51,865 | $15.0M | 0.02% | −313−0.6% | Reduced |
| Gabelli Funds LLC | 51,112 | $14.8M | 0.10% | +18,012+54.4% | Added |
| Gabelli & Co Investment Advisers, Inc. | 50,620 | $14.6M | 2.20% | +16,720+49.3% | Added |
| Kanawha Capital Management LLC | 50,405 | $14.6M | 1.00% | −466−0.9% | Reduced |
| Capula Management Ltd | 50,000 | $14.4M | 0.09% | +50,000 | New |
| Slotnik Capital, LLC | 49,811 | $14.4M | 3.94% | −49,389−49.8% | Reduced |
| Dillon & Associates Inc | 48,855 | $14.1M | 1.82% | +563+1.2% | Added |
| Prelude Capital Management, LLC | 48,808 | $14.1M | 1.04% | +6,779+16.1% | Added |
| Wiley Bros.-Aintree Capital, LLC | 48,272 | $13.9M | 0.07% | +5,729+13.5% | Added |
| DnB Asset Management AS | 48,089 | $13.9M | 0.05% | −5,912−10.9% | Reduced |
| Retirement Systems of Alabama | 47,734 | $13.8M | 0.04% | −124−0.3% | Reduced |
| Varma Mutual Pension Insurance Co | 47,630 | $13.8M | 0.08% | +220+0.5% | Added |
| Atlantic Union Bankshares Corp | 47,300 | $13.7M | 0.26% | +2,170+4.8% | Added |
| ProShare Advisors LLC | 45,120 | $13.0M | 0.02% | +3,273+7.8% | Added |
| Polar Asset Management Partners Inc. | 45,000 | $13.0M | 0.26% | +45,000 | New |
| GWM Advisors LLC | 44,675 | $12.9M | 0.05% | +20,847+87.5% | Added |
| CIBC Private Wealth Group, LLC | 44,563 | $12.9M | 0.02% | +864+2.0% | Added |
| Bryn Mawr Trust Co | 44,242 | $12.8M | 0.30% | −963−2.1% | Reduced |
| Forsta Ap-Fonden | 44,160 | $12.7M | 0.08% | −2,040−4.4% | Reduced |
| Quarry LP | 43,790 | $12.6M | 2.07% | +10,490+31.5% | Added |
| PensionDanmark Pensionsforsikringsaktieselskab | 43,690 | $12.6M | 0.11% | +43,690 | New |
| O'Shaughnessy Asset Management, LLC | 43,408 | $12.5M | 0.07% | +3,887+9.8% | Added |
| Mariner, LLC | 43,243 | $12.5M | 0.01% | −19,710−31.3% | Reduced |
| Cambridge Investment Research Advisors, Inc. | 42,904 | $12.4M | 0.03% | −902−2.1% | Reduced |
| Ingalls & Snyder LLC | 42,612 | $12.3M | 0.45% | −1,259−2.9% | Reduced |
| USS Investment Management Ltd | 42,539 | $12.3M | 0.06% | +1,236+3.0% | Added |
| Janus Henderson Group PLC | 42,374 | $12.2M | 0.01% | +458+1.1% | Added |
| M. Kraus & Co | 42,339 | $12.2M | 3.41% | −356−0.8% | Reduced |
| Sanctuary Advisors, LLC | 42,295 | $12.2M | 0.07% | −2,347−5.3% | Reduced |
| Blair William & Co | 42,242 | $12.2M | 0.03% | −446−1.0% | Reduced |
| Linscomb & Williams, Inc. | 42,116 | $12.2M | 0.51% | +238+0.6% | Added |
| Amalgamated Bank | 41,964 | $12.1M | 0.09% | −1,180−2.7% | Reduced |
| Moore Capital Management, LP | 41,818 | $12.1M | 0.25% | +5,072+13.8% | Added |
| Cinctive Capital Management LP | 40,745 | $11.8M | 0.68% | −25,448−38.4% | Reduced |
| Teacher Retirement System of Texas | 40,374 | $11.7M | 0.04% | +5,581+16.0% | Added |
| Glenview Trust Co | 40,290 | $11.6M | 0.18% | −3,347−7.7% | Reduced |
| Glenmede Trust Co NA | 40,081 | $11.6M | 0.05% | +40,081 | New |
| British Columbia Investment Management Corp | 39,818 | $11.5M | 0.06% | +7,416+22.9% | Added |
| Lighthouse Investment Partners, LLC | 39,737 | $11.5M | 0.38% | +22,401+129.2% | Added |
| Vestcor Inc | 39,513 | $11.4M | 0.33% | 00.0% | Unchanged |
| BTC Capital Management, Inc. | 39,175 | $11.3M | 0.79% | −859−2.1% | Reduced |
| Cresset Asset Management, LLC | 38,946 | $11.2M | 0.05% | +1,156+3.1% | Added |
| MML Investors Services, LLC | 37,992 | $11.0M | 0.03% | +1,438+3.9% | Added |
| EFG International AG | 37,946 | $11.0M | 0.21% | +37,946 | New |
| Neville Rodie & Shaw Inc | 37,490 | $10.8M | 0.76% | −1,218−3.1% | Reduced |
| Walleye Trading LLC | 37,364 | $10.8M | 0.17% | +3,583+10.6% | Added |
| Utah Retirement Systems | 37,336 | $10.8M | 0.10% | 00.0% | Unchanged |
| Kempen Capital Management N.V. | 37,112 | $10.7M | 0.09% | −1,492−3.9% | Reduced |
| Connor, Clark & Lunn Investment Management Ltd. | 36,937 | $10.7M | 0.03% | +31,771+615.0% | Added |
| Trajan Wealth LLC | 36,740 | $10.6M | 0.44% | −670−1.8% | Reduced |
| Commerce Bank | 36,620 | $10.6M | 0.06% | +927+2.6% | Added |
| Kintayl Capital LP | 36,572 | $10.6M | 6.38% | −1,528−4.0% | Reduced |
| Daiwa Securities Group Inc. | 36,360 | $10.5M | 0.03% | +1,120+3.2% | Added |
| Cohen Klingenstein LLC | 35,500 | $10.2M | 0.31% | 00.0% | Unchanged |
| Voya Investment Management LLC | 35,478 | $10.2M | 0.01% | −1,339−3.6% | Reduced |
| Saybrook Capital | 35,293 | $10.2M | 2.54% | −262−0.7% | Reduced |
| Mirae Asset Global Investments Co., Ltd. | 35,225 | $10.2M | 0.03% | +5,997+20.5% | Added |
| Ilmarinen Mutual Pension Insurance Co | 34,750 | $10.0M | 0.08% | 00.0% | Unchanged |
| Police & Firemen's Retirement System of New Jersey | 34,724 | $10.0M | 0.08% | −1,640−4.5% | Reduced |
| Baker Chad R | 33,906 | $9.84M | 1.76% | 00.0% | Unchanged |
| Tufton Capital Management | 33,766 | $9.75M | 1.70% | −342−1.0% | Reduced |
| Pinnacle Financial Partners, Inc. | 33,628 | $9.71M | 0.07% | +33,628 | New |
| Xponance, Inc. | 33,512 | $9.68M | 0.07% | +1,833+5.8% | Added |
| Baker Avenue Asset Management, LP | 33,453 | $9.66M | 0.22% | −229−0.7% | Reduced |
| Lafayette Investments, Inc. | 33,429 | $9.65M | 1.82% | −41−0.1% | Reduced |
| Brinker Capital Investments, LLC | 32,897 | $9.50M | 0.07% | −1,939−5.6% | Reduced |
| Eliot Finkel Investment Counsel, LLC | 31,640 | $9.14M | 5.59% | −585−1.8% | Reduced |
| Sumitomo Mitsui DS Asset Management Company, Ltd | 31,433 | $9.08M | 0.07% | +434+1.4% | Added |