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 |
|---|---|---|---|---|---|
| Thrivent Financial for Lutherans | 10,153 | $2.93M | 0.01% | +160+1.6% | Added |
| EP Wealth Advisors, LLC | 10,132 | $2.93M | 0.02% | +10,132 | New |
| Resources Investment Advisors, LLC. | 10,120 | $2.92M | 0.03% | −87−0.9% | Reduced |
| Massar Capital Management, LP | 10,100 | $2.92M | 0.57% | +10,100 | New |
| Nordwand Advisors, LLC | 10,075 | $2.91M | 0.51% | −20−0.2% | Reduced |
| Delta Capital Management LLC | 10,010 | $2.89M | 1.62% | −1,500−13.0% | Reduced |
| HGC Investment Management Inc. | 10,000 | $2.89M | 0.61% | +10,000 | New |
| Beverly Hills Private Wealth, LLC | 9,898 | $2.86M | 0.49% | −15−0.2% | Reduced |
| HHM Wealth Advisors, LLC | 9,856 | $2.85M | 0.34% | +9+0.1% | Added |
| Glazer Capital, LLC | 9,836 | $2.84M | 0.07% | +9,836 | New |
| EdgePoint Investment Group Inc. | 9,831 | $2.84M | 0.02% | −5,500−35.9% | Reduced |
| Fox Hill Wealth Management | 9,791 | $2.83M | 1.31% | −30.0% | Reduced |
| BI Asset Management Fondsmaeglerselskab A/S | 9,702 | $2.80M | 0.02% | −89−0.9% | Reduced |
| Stephens Inc | 9,679 | $2.79M | 0.03% | +365+3.9% | Added |
| Community Trust & Investment Co | 9,622 | $2.78M | 0.15% | 00.0% | Unchanged |
| Virtu Financial LLC | 9,624 | $2.78M | 0.11% | +7,179+293.6% | Added |
| Financial Network Wealth Management LLC | 9,586 | $2.77M | 0.85% | 00.0% | Unchanged |
| Beese Fulmer Investment Management, Inc. | 9,514 | $2.75M | 0.18% | −769−7.5% | Reduced |
| AG2R la Mondiale Gestion D'Actifs | 9,479 | $2.74M | 0.12% | +557+6.2% | Added |
| Empire Financial Management Company, LLC | 9,393 | $2.71M | 0.59% | −10−0.1% | Reduced |
| Partners in Financial Planning | 9,376 | $2.71M | 0.46% | −7−0.1% | Reduced |
| Kentucky Trust Co | 9,295 | $2.68M | 1.42% | −217−2.3% | Reduced |
| Koshinski Asset Management, Inc. | 9,295 | $2.68M | 0.17% | +147+1.6% | Added |
| United Capital Financial Advisers, LLC | 9,208 | $2.66M | 0.02% | +186+2.1% | Added |
| MUFG Securities EMEA plc | 9,208 | $2.66M | 0.03% | +4,914+114.4% | Added |
| Campbell Newman Asset Management Inc | 9,165 | $2.65M | 0.19% | 00.0% | Unchanged |
| Snowden Capital Advisors LLC | 9,141 | $2.64M | 0.07% | −80−0.9% | Reduced |
| Mill Capital Management, LLC | 9,138 | $2.64M | 0.19% | 00.0% | Unchanged |
| Tower Research Capital LLC (TRC) | 9,123 | $2.63M | 0.06% | +2,715+42.4% | Added |
| Kingsview Wealth Management, LLC | 9,107 | $2.63M | 0.04% | −208−2.2% | Reduced |
| Bahl & Gaynor Inc | 9,086 | $2.62M | 0.01% | 00.0% | Unchanged |
| Brown Brothers Harriman & Co | 9,049 | $2.61M | 0.01% | +139+1.6% | Added |
| Laird Norton Trust Company, LLC | 9,038 | $2.61M | 0.05% | +9,038 | New |
| Naples Global Advisors, LLC | 9,028 | $2.61M | 0.19% | −30.0% | Reduced |
| GAM Holding AG | 9,000 | $2.60M | 0.17% | +9,000 | New |
| Prime Capital Investment Advisors, LLC | 8,972 | $2.59M | 0.03% | +148+1.7% | Added |
| ZEGA Investments, LLC | 8,934 | $2.58M | 0.50% | 00.0% | Unchanged |
| Fisher Funds Management LTD | 8,885 | $2.57M | 0.07% | 00.0% | Unchanged |
| Dana Investment Advisors, Inc. | 8,896 | $2.57M | 0.07% | −13,762−60.7% | Reduced |
| Sanibel Captiva Trust Company, Inc. | 8,805 | $2.54M | 0.07% | −59−0.7% | Reduced |
| Banque Cantonale Vaudoise | 8,737 | $2.52M | 0.09% | +1,642+23.1% | Added |
| Hancock Whitney Corp | 8,696 | $2.51M | 0.05% | −100−1.1% | Reduced |
| Vident Advisory, LLC | 8,659 | $2.50M | 0.02% | +1,040+13.7% | Added |
| Montag A & Associates Inc | 8,604 | $2.48M | 0.11% | 00.0% | Unchanged |
| MTM Investment Management, LLC | 8,587 | $2.48M | 0.79% | +10.0% | Added |
| Fiduciary Group LLC | 8,564 | $2.47M | 0.21% | −26−0.3% | Reduced |
| Aigen Investment Management, LP | 8,558 | $2.47M | 0.57% | −6,386−42.7% | Reduced |
| Lido Advisors, LLC | 8,237 | $2.45M | 0.01% | −155−1.8% | Reduced |
| Boston Family Office LLC | 8,473 | $2.45M | 0.16% | 00.0% | Unchanged |
| HM Payson & Co | 8,451 | $2.44M | 0.03% | 00.0% | Unchanged |
| Harbour Investment Management LLC | 8,436 | $2.44M | 1.29% | −2,958−26.0% | Reduced |
| Nicholas Hoffman & Company, LLC. | 8,359 | $2.41M | 0.06% | −20.0% | Reduced |
| Tower Bridge Advisors | 8,338 | $2.41M | 0.24% | 00.0% | Unchanged |
| Atom Investors LP | 8,330 | $2.41M | 0.19% | +6,987+520.3% | Added |
| Ascent Group, LLC | 8,291 | $2.39M | 0.08% | +11+0.1% | Added |
| Jacobi Capital Management LLC | 8,263 | $2.39M | 0.14% | −20.0% | Reduced |
| Romano Brothers and Company | 8,236 | $2.38M | 0.27% | −75−0.9% | Reduced |
| Diametric Capital, LP | 8,143 | $2.35M | 0.63% | +362+4.7% | Added |
| Daymark Wealth Partners, LLC | 8,136 | $2.35M | 0.07% | −69−0.8% | Reduced |
| Argent Trust Co | 8,132 | $2.35M | 0.08% | −151−1.8% | Reduced |
| Omers Administration Corp | 8,119 | $2.34M | 0.02% | 00.0% | Unchanged |
| Anchyra Partners LLC | 8,104 | $2.34M | 0.72% | +8,104 | New |
| Home Federal Bank of Tennessee | 8,092 | $2.34M | 0.61% | 00.0% | Unchanged |
| Nilsine Partners, LLC | 8,089 | $2.34M | 0.20% | +131+1.6% | Added |
| Partnership Wealth Management, LLC | 8,035 | $2.32M | 1.67% | 00.0% | Unchanged |
| Empirical Finance, LLC | 7,867 | $2.27M | 0.11% | −321−3.9% | Reduced |
| Advisor OS, LLC | 7,825 | $2.26M | 0.18% | +6,138+363.8% | Added |
| Fruth Investment Management | 7,808 | $2.25M | 0.61% | −150−1.9% | Reduced |
| Ronald Blue Trust, Inc. | 7,806 | $2.25M | 0.03% | −1,148−12.8% | Reduced |
| TD Waterhouse Canada Inc. | 7,791 | $2.25M | 0.01% | −11−0.1% | Reduced |
| Phoenix Holdings Ltd. | 7,776 | $2.25M | 0.02% | +287+3.8% | Added |
| North Dakota State Investment Board | 7,747 | $2.24M | 0.08% | +7,747 | New |
| Independent Advisor Alliance | 7,709 | $2.23M | 0.05% | +63+0.8% | Added |
| Inlet Private Wealth, LLC | 7,700 | $2.22M | 0.52% | 00.0% | Unchanged |
| Modera Wealth Management, LLC | 7,656 | $2.21M | 0.03% | +9+0.1% | Added |
| J.W. Cole Advisors, Inc. | 7,990 | $2.21M | 0.05% | −2,282−22.2% | Reduced |
| Cape Cod Five Cents Savings Bank | 8,878 | $2.21M | 0.20% | 00.0% | Unchanged |
| E. Ohman J:or Asset Management AB | 7,637 | $2.20M | 0.05% | +4,737+163.3% | Added |
| Summit Trail Advisors, LLC | 7,611 | $2.20M | 0.04% | +1,355+21.7% | Added |
| Tokio Marine Asset Management Co Ltd | 7,587 | $2.19M | 0.08% | +107+1.4% | Added |
| Ritholtz Wealth Management | 7,563 | $2.18M | 0.04% | +358+5.0% | Added |
| Patten Group, Inc. | 7,545 | $2.18M | 0.40% | −55−0.7% | Reduced |
| Heritage Trust Co | 7,485 | $2.16M | 0.22% | +2,195+41.5% | Added |
| Hutner Capital Management Inc | 7,454 | $2.15M | 0.90% | 00.0% | Unchanged |
| First Commonwealth Financial Corp | 7,449 | $2.15M | 0.35% | 00.0% | Unchanged |
| Valeo Financial Advisors, LLC | 7,434 | $2.15M | 0.05% | −10.0% | Reduced |
| Sig Brokerage, LP | 7,428 | $2.14M | 0.72% | +726+10.8% | Added |
| Cache Advisors, LLC | 7,409 | $2.14M | 0.26% | 00.0% | Unchanged |
| Keel Point, LLC | 7,381 | $2.13M | 0.13% | +31+0.4% | Added |
| Prospera Financial Services Inc | 7,265 | $2.10M | 0.03% | +44+0.6% | Added |
| Colonial Trust Advisors | 7,233 | $2.09M | 0.16% | −69−0.9% | Reduced |
| Intech Investment Management LLC | 7,213 | $2.08M | 0.02% | −5−0.1% | Reduced |
| Triglav Skladi, D.O.O. | 7,200 | $2.08M | 0.13% | +7,200 | New |
| Park National Corp | 7,177 | $2.07M | 0.06% | −147−2.0% | Reduced |
| Northwestern Mutual Investment Management Company, LLC | 7,170 | $2.07M | 0.02% | +18+0.3% | Added |
| CAPROCK Group, Inc. | 7,136 | $2.06M | 0.04% | −1,543−17.8% | Reduced |
| Metis Global Partners, LLC | 7,124 | $2.06M | 0.05% | −477−6.3% | Reduced |
| Dakota Wealth Management | 7,049 | $2.04M | 0.04% | +768+12.2% | Added |
| IHT Wealth Management, LLC | 6,926 | $2.00M | 0.05% | −647−8.5% | Reduced |
| Alps Advisors Inc | 6,912 | $2.00M | 0.01% | −16−0.2% | Reduced |