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 |
|---|---|---|---|---|---|
| Mint Tower Capital Management B.V. | 17,000 | $4.91M | 0.62% | +2,000+13.3% | Added |
| Schroder Investment Management Group | 16,873 | $4.90M | 0.00% | −2,267−11.8% | Reduced |
| Wescott Financial Advisory Group, LLC | 16,897 | $4.88M | 0.43% | −1,690−9.1% | Reduced |
| Kestra Private Wealth Services, LLC | 16,821 | $4.86M | 0.06% | +531+3.3% | Added |
| Smithfield Trust Co | 16,786 | $4.85M | 0.21% | +519+3.2% | Added |
| Trust Co of Virginia | 16,734 | $4.83M | 0.39% | −1,669−9.1% | Reduced |
| Highbridge Capital Management LLC | 16,560 | $4.78M | 0.22% | +14,560+728.0% | Added |
| Mizuho Securities USA LLC | 16,338 | $4.77M | 0.08% | −20.0% | Reduced |
| Allstate Corp | 16,475 | $4.76M | 0.06% | +8,531+107.4% | Added |
| Central Pacific Bank - Trust Division | 16,353 | $4.72M | 0.58% | −890−5.2% | Reduced |
| Quantbot Technologies LP | 15,951 | $4.61M | 0.15% | +15,951 | New |
| W.G. Shaheen & Associates DBA Whitney & Co | 15,663 | $4.52M | 0.36% | −8,480−35.1% | Reduced |
| Sepio Capital, LP | 15,484 | $4.47M | 0.24% | −600−3.7% | Reduced |
| Cary Street Partners Financial LLC | 15,387 | $4.44M | 0.11% | +844+5.8% | Added |
| Logan Capital Management Inc | 15,325 | $4.42M | 0.19% | −1,100−6.7% | Reduced |
| IFP Advisors, Inc | 15,318 | $4.42M | 0.10% | −264−1.7% | Reduced |
| CIBC World Markets Inc. | 15,265 | $4.41M | 0.01% | −18,797−55.2% | Reduced |
| Farther Finance Advisors, LLC | 15,214 | $4.39M | 0.05% | +10,843+248.1% | Added |
| Alpha Omega Wealth Management LLC | 15,186 | $4.38M | 0.73% | −125−0.8% | Reduced |
| Perigon Wealth Management, LLC | 15,144 | $4.37M | 0.08% | −329−2.1% | Reduced |
| Loring Wolcott & Coolidge Fiduciary Advisors LLP | 15,015 | $4.34M | 0.04% | −123−0.8% | Reduced |
| Hardy Reed LLC | 15,016 | $4.34M | 0.31% | 00.0% | Unchanged |
| Vazirani Asset Management LLC | 15,000 | $4.33M | 26.29% | +2,500+20.0% | Added |
| Ethic Inc. | 14,853 | $4.29M | 0.07% | +1,445+10.8% | Added |
| Fiduciary Trust Co | 14,696 | $4.24M | 0.05% | +745+5.3% | Added |
| Pittenger & Anderson Inc | 14,573 | $4.21M | 0.16% | −18−0.1% | Reduced |
| Allworth Financial LP | 14,391 | $4.15M | 0.02% | +3,043+26.8% | Added |
| Verdence Capital Advisors LLC | 14,255 | $4.12M | 0.24% | −30−0.2% | Reduced |
| Aventail Capital Group, LP | 14,242 | $4.11M | 0.24% | −16,107−53.1% | Reduced |
| Anchor Investment Management, LLC | 14,232 | $4.11M | 0.33% | −146−1.0% | Reduced |
| Advanced Asset Management Advisors Inc | 14,200 | $4.10M | 1.12% | 00.0% | Unchanged |
| Jain Global LLC | 14,180 | $4.09M | 0.04% | +995+7.5% | Added |
| Kentucky Retirement Systems | 14,179 | $4.09M | 0.11% | 00.0% | Unchanged |
| Generali Asset Management SPA SGR | 14,145 | $4.08M | 0.08% | +4,599+48.2% | Added |
| Concurrent Investment Advisors, LLC | 14,092 | $4.07M | 0.05% | +1,807+14.7% | Added |
| Beacon Pointe Advisors, LLC | 13,877 | $4.01M | 0.03% | +2,947+27.0% | Added |
| Aptus Capital Advisors, LLC | 13,833 | $3.99M | 0.03% | +335+2.5% | Added |
| Prudential PLC | 13,433 | $3.88M | 0.03% | 00.0% | Unchanged |
| QRG Capital Management, Inc. | 13,431 | $3.88M | 0.04% | +1,555+13.1% | Added |
| Oak Harbor Wealth Partners, LLC | 13,389 | $3.87M | 0.93% | 00.0% | Unchanged |
| Advisory Services Network, LLC | 13,288 | $3.84M | 0.05% | −217−1.6% | Reduced |
| Flputnam Investment Management Co | 13,221 | $3.82M | 0.06% | −368−2.7% | Reduced |
| Vaughan David Investments LLC | 13,204 | $3.81M | 0.08% | −147−1.1% | Reduced |
| CWM, LLC | 13,104 | $3.78M | 0.01% | −316−2.4% | Reduced |
| FNY Investment Advisers, LLC | 13,000 | $3.75M | 1.07% | +12,900+12,900.0% | Added |
| Hartford Investment Management Co | 12,998 | $3.75M | 0.11% | −166−1.3% | Reduced |
| Texas Yale Capital Corp. | 12,945 | $3.74M | 0.11% | 00.0% | Unchanged |
| Stock Yards Bank & Trust Co | 12,907 | $3.73M | 0.11% | −483−3.6% | Reduced |
| Burke & Herbert Bank & Trust Co | 12,876 | $3.72M | 1.03% | −300−2.3% | Reduced |
| Haverford Trust Co | 12,872 | $3.72M | 0.03% | −259−2.0% | Reduced |
| Wolverine Asset Management LLC | 12,700 | $3.67M | 0.05% | +4,650+57.8% | Added |
| Old Point Trust & Financial Services N A | 12,692 | $3.66M | 1.14% | −307−2.4% | Reduced |
| Central Trust Co | 12,542 | $3.62M | 0.07% | −211−1.7% | Reduced |
| Axxcess Wealth Management, LLC | 12,520 | $3.61M | 0.06% | −681−5.2% | Reduced |
| Pinnacle Associates Ltd | 12,516 | $3.61M | 0.05% | −46−0.4% | Reduced |
| Pensionmark Financial Group, LLC | 12,516 | $3.61M | 0.06% | +402+3.3% | Added |
| Barbara Oil Co. | 12,500 | $3.61M | 1.34% | 00.0% | Unchanged |
| Hills Bank & Trust Co | 12,421 | $3.59M | 0.21% | −707−5.4% | Reduced |
| Simplex Trading, LLC | 12,319 | $3.56M | 0.10% | +3,407+38.2% | Added |
| Ancora Advisors, LLC | 12,273 | $3.54M | 0.07% | −818,015−98.5% | Reduced |
| DLD Asset Management, LP | 12,189 | $3.52M | 0.37% | +8,795+259.1% | Added |
| Citizens National Bank Trust Department | 12,185 | $3.52M | 0.61% | −25−0.2% | Reduced |
| Merit Financial Group, LLC | 12,028 | $3.47M | 0.03% | +750+6.7% | Added |
| Umb Bank N A | 11,885 | $3.43M | 0.05% | +1,720+16.9% | Added |
| Inkwell Capital LLC | 11,884 | $3.43M | 3.49% | −128−1.1% | Reduced |
| Oppenheimer & Co Inc | 11,883 | $3.43M | 0.05% | +47+0.4% | Added |
| Cullen/Frost Bankers, Inc. | 11,711 | $3.38M | 0.04% | −97−0.8% | Reduced |
| United Bank | 11,576 | $3.34M | 1.13% | +470+4.2% | Added |
| Rossmore Private Capital | 11,502 | $3.32M | 0.30% | +2,595+29.1% | Added |
| Louisiana State Employees Retirement System | 11,500 | $3.32M | 0.06% | −300−2.5% | Reduced |
| AE Wealth Management LLC | 11,428 | $3.30M | 0.02% | +796+7.5% | Added |
| Gulf International Bank (UK) Ltd | 11,414 | $3.29M | 0.11% | +8+0.1% | Added |
| Maryland State Retirement & Pension System | 11,363 | $3.28M | 0.07% | 00.0% | Unchanged |
| BancorpSouth Bank | 11,316 | $3.27M | 0.19% | +47+0.4% | Added |
| B. Metzler seel. Sohn & Co. AG | 11,274 | $3.26M | 0.03% | +626+5.9% | Added |
| Y-Intercept (Hong Kong) Ltd | 11,245 | $3.25M | 0.07% | +11,245 | New |
| Shelton Capital Management | 11,221 | $3.24M | 0.06% | +10,000+819.0% | Added |
| Roberts Glore & Co Inc | 11,189 | $3.23M | 0.86% | 00.0% | Unchanged |
| Oak Asset Management, LLC | 11,180 | $3.23M | 1.10% | −45−0.4% | Reduced |
| HighPoint Advisor Group LLC | 11,104 | $3.21M | 0.07% | +3,241+41.2% | Added |
| Old Second National Bank of Aurora | 11,079 | $3.20M | 0.64% | +11+0.1% | Added |
| Midwest Professional Planners, LTD. | 10,983 | $3.17M | 0.75% | +505+4.8% | Added |
| Savant Capital, LLC | 10,968 | $3.17M | 0.02% | +5,932+117.8% | Added |
| Rothschild Investment LLC | 10,829 | $3.13M | 0.17% | +12+0.1% | Added |
| K2 Principal Fund, L.P. | 10,800 | $3.12M | 0.32% | +9,900+1,100.0% | Added |
| Principle Wealth Partners LLC | 10,784 | $3.11M | 0.18% | 00.0% | Unchanged |
| West Paces Advisors Inc. | 10,746 | $3.10M | 0.60% | +25+0.2% | Added |
| Community Bank & Trust, Waco, Texas | 10,701 | $3.09M | 0.63% | −243−2.2% | Reduced |
| Allspring Global Investments Holdings, LLC | 10,687 | $3.08M | 0.00% | +265+2.5% | Added |
| Abn Amro Investment Solutions | 10,571 | $3.05M | 0.05% | +7,517+246.1% | Added |
| Federation des caisses Desjardins du Quebec | 10,529 | $3.04M | 0.01% | +1,832+21.1% | Added |
| Murphy Pohlad Asset Management LLC | 10,500 | $3.03M | 1.16% | 00.0% | Unchanged |
| Farmers & Merchants Investments Inc | 10,480 | $3.03M | 0.08% | −750−6.7% | Reduced |
| Norinchukin Bank, The | 10,420 | $3.01M | 0.04% | +177+1.7% | Added |
| Apollon Wealth Management, LLC | 10,398 | $3.00M | 0.05% | +903+9.5% | Added |
| New Mexico Educational Retirement Board | 10,376 | $3.00M | 0.09% | +200+2.0% | Added |
| 3Chopt Investment Partners, LLC | 10,365 | $2.99M | 0.67% | −123−1.2% | Reduced |
| St. Nicholas Private Asset Management, Inc | 10,210 | $2.95M | 2.64% | −300−2.9% | Reduced |
| Stratos Wealth Partners, LTD. | 10,185 | $2.94M | 0.03% | +1,960+23.8% | Added |
| Gold Investment Management Ltd. | 10,173 | $2.94M | 0.94% | +202+2.0% | Added |