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 |
|---|---|---|---|---|---|
| Banco Bilbao Vizcaya Argentaria, S.A. | 6,903 | $1.99M | 0.01% | +332+5.1% | Added |
| Crossmark Global Holdings, Inc. | 6,888 | $1.99M | 0.03% | +1,663+31.8% | Added |
| Pflug Koory, LLC | 6,861 | $1.98M | 0.92% | −298−4.2% | Reduced |
| Dynasty Wealth Management, LLC | 6,855 | $1.98M | 0.02% | −20.0% | Reduced |
| Burney Co | 6,846 | $1.98M | 0.06% | −154−2.2% | Reduced |
| RMB Capital Management, LLC | 6,836 | $1.97M | 0.03% | −202−2.9% | Reduced |
| Citizens & Northern Corp | 6,836 | $1.97M | 0.49% | −2,714−28.4% | Reduced |
| Wesbanco Bank Inc | 6,754 | $1.95M | 0.05% | −330−4.7% | Reduced |
| SevenBridge Financial Group, LLC | 6,762 | $1.95M | 0.31% | 00.0% | Unchanged |
| Harold Davidson & Associates Inc. | 6,641 | $1.92M | 0.85% | +106+1.6% | Added |
| Davis R M Inc | 6,606 | $1.91M | 0.03% | −122−1.8% | Reduced |
| Greenleaf Trust | 6,584 | $1.90M | 0.02% | +30.0% | Added |
| ZWJ Investment Counsel Inc | 6,545 | $1.89M | 0.07% | −146−2.2% | Reduced |
| Blue Chip Partners, Inc. | 6,512 | $1.88M | 0.14% | −584−8.2% | Reduced |
| Family Investment Center, Inc. | 6,500 | $1.88M | 0.38% | 00.0% | Unchanged |
| Clifford Swan Investment Counsel LLC | 6,458 | $1.86M | 0.06% | 00.0% | Unchanged |
| Freestone Capital Holdings, LLC | 6,437 | $1.86M | 0.06% | +30.0% | Added |
| Brooks, Moore & Associates, Inc. | 6,381 | $1.84M | 0.91% | +67+1.1% | Added |
| Weatherly Asset Management L. P. | 6,372 | $1.84M | 0.14% | −4−0.1% | Reduced |
| Caldwell Trust Co | 6,341 | $1.83M | 0.16% | −184−2.8% | Reduced |
| Wills Financial Group LLC | 6,269 | $1.81M | 0.69% | −8−0.1% | Reduced |
| Charter Trust Co | 6,254 | $1.81M | 0.10% | −202−3.1% | Reduced |
| Westport Asset Management Inc | 6,000 | $1.80M | 0.75% | 00.0% | Unchanged |
| Brady Family Wealth, LLC | 6,238 | $1.80M | 0.56% | 00.0% | Unchanged |
| Jennison Associates LLC | 6,230 | $1.80M | 0.00% | −2,129−25.5% | Reduced |
| Fortress Investment Group LLC | 6,225 | $1.80M | 0.42% | +6,225 | New |
| Essex Savings Bank | 6,220 | $1.80M | 0.39% | −135−2.1% | Reduced |
| Whitener Capital Management, Inc. | 6,217 | $1.79M | 0.41% | −275−4.2% | Reduced |
| Cannon Global Investment Management, LLC | 6,200 | $1.79M | 4.74% | +400+6.9% | Added |
| Salvus Wealth Management, LLC | 6,187 | $1.79M | 1.00% | +120+2.0% | Added |
| Busey Wealth Management | 6,104 | $1.76M | 0.05% | +29+0.5% | Added |
| Securian Asset Management, Inc | 6,101 | $1.76M | 0.07% | −4,672−43.4% | Reduced |
| Leavell Investment Management, Inc. | 6,098 | $1.76M | 0.07% | −22−0.4% | Reduced |
| Canada Post Corp Registered Pension Plan | 6,097 | $1.76M | 0.07% | +1,190+24.3% | Added |
| Marble Harbor Investment Counsel, LLC | 6,067 | $1.75M | 0.19% | −345−5.4% | Reduced |
| Lineweaver Wealth Advisors, LLC | 6,067 | $1.75M | 0.24% | +508+9.1% | Added |
| Family Legacy, Inc. | 6,064 | $1.75M | 0.52% | −5−0.1% | Reduced |
| MUFG Securities Americas Inc. | 6,046 | $1.75M | 0.11% | −5−0.1% | Reduced |
| Benjamin Edwards Inc | 5,992 | $1.73M | 0.02% | +261+4.6% | Added |
| Massachusetts Wealth Management | 5,990 | $1.73M | 0.80% | +4+0.1% | Added |
| GAMMA Investing LLC | 5,975 | $1.73M | 0.09% | +118+2.0% | Added |
| Midwest Trust Co | 5,946 | $1.72M | 0.02% | +10+0.2% | Added |
| Kentucky Retirement Systems Insurance Trust Fund | 5,943 | $1.72M | 0.11% | 00.0% | Unchanged |
| Forum Financial Management, LP | 5,900 | $1.70M | 0.02% | −12−0.2% | Reduced |
| Roundview Capital LLC | 5,879 | $1.70M | 0.10% | −246−4.0% | Reduced |
| Umpqua Bank | 5,849 | $1.69M | 0.47% | +125+2.2% | Added |
| Quadrant Capital Group LLC | 5,837 | $1.69M | 0.05% | −21−0.4% | Reduced |
| SageView Advisory Group, LLC | 5,829 | $1.68M | 0.06% | −112−1.9% | Reduced |
| Valmark Advisers, Inc. | 5,818 | $1.68M | 0.02% | −4−0.1% | Reduced |
| Dai-Ichi Life Insurance Company, Ltd | 5,811 | $1.68M | 0.04% | 00.0% | Unchanged |
| LRT Capital Management, LLC | 5,801 | $1.67M | 1.43% | −357−5.8% | Reduced |
| Park Avenue Securities LLC | 5,791 | $1.67M | 0.01% | −159−2.7% | Reduced |
| Goelzer Investment Management, Inc. | 5,784 | $1.67M | 0.08% | +1,368+31.0% | Added |
| Applied Finance Capital Management, LLC | 5,781 | $1.67M | 0.12% | −1,234−17.6% | Reduced |
| First National Trust Co | 5,780 | $1.67M | 0.06% | −18−0.3% | Reduced |
| Keystone Financial Group | 5,750 | $1.66M | 0.12% | +20.0% | Added |
| Albert D Mason Inc | 5,726 | $1.65M | 1.09% | −78−1.3% | Reduced |
| Carlson Capital L P | 5,700 | $1.65M | 0.80% | +5,700 | New |
| Adviser Investments LLC | 5,689 | $1.64M | 0.02% | +266+4.9% | Added |
| Journey Advisory Group, LLC | 5,644 | $1.63M | 0.14% | 00.0% | Unchanged |
| Visionary Wealth Advisors | 5,627 | $1.62M | 0.07% | −144−2.5% | Reduced |
| Wealthspire Advisors, LLC | 5,615 | $1.62M | 0.01% | −3,981−41.5% | Reduced |
| Sierra Summit Advisors LLC | 5,614 | $1.62M | 0.25% | +122+2.2% | Added |
| Commerzbank Aktiengesellschaft | 5,608 | $1.62M | 0.03% | 00.0% | Unchanged |
| Headlands Technologies LLC | 5,591 | $1.61M | 0.13% | −2,347−29.6% | Reduced |
| Diversified Trust Co | 5,588 | $1.61M | 0.03% | +125+2.3% | Added |
| Wilkins Investment Counsel Inc | 5,562 | $1.61M | 0.23% | 00.0% | Unchanged |
| Capital Group Private Client Services, Inc. | 5,536 | $1.60M | 0.03% | −78−1.4% | Reduced |
| Clark Asset Management, LLC | 5,521 | $1.59M | 0.17% | +10.0% | Added |
| Citizens Financial Group Inc | 5,510 | $1.59M | 0.02% | −383−6.5% | Reduced |
| SS&H Financial Advisors, Inc. | 5,500 | $1.59M | 0.46% | 00.0% | Unchanged |
| Cove Private Wealth, LLC | 5,500 | $1.59M | 0.47% | 00.0% | Unchanged |
| MB, Levis & Associates, LLC | 5,494 | $1.59M | 0.67% | −100−1.8% | Reduced |
| Joel Isaacson & Co., LLC | 5,487 | $1.58M | 0.05% | +80+1.5% | Added |
| Coldstream Capital Management Inc | 5,454 | $1.57M | 0.02% | −1,567−22.3% | Reduced |
| Letson Investment Management, Inc. | 5,418 | $1.56M | 0.57% | +10.0% | Added |
| Blue Jean Financial LLC | 5,414 | $1.56M | 1.27% | +5,414 | New |
| CSU Producer Resources, Inc. | 5,400 | $1.56M | 4.66% | 00.0% | Unchanged |
| HBK Sorce Advisory LLC | 5,076 | $1.56M | 0.04% | −39−0.8% | Reduced |
| Avanza Fonder AB | 5,378 | $1.55M | 0.04% | +5,378 | New |
| Main Street Group, LTD | 5,377 | $1.55M | 0.54% | −231−4.1% | Reduced |
| Skopos Labs, Inc. | 5,304 | $1.55M | 0.07% | +3,372+174.5% | Added |
| Exchange Bank | 5,356 | $1.55M | 1.07% | −100−1.8% | Reduced |
| Everence Capital Management Inc | 5,330 | $1.54M | 0.09% | 00.0% | Unchanged |
| Arkadios Wealth Advisors | 5,323 | $1.54M | 0.03% | +621+13.2% | Added |
| Ballentine Partners, LLC | 5,319 | $1.54M | 0.02% | −59−1.1% | Reduced |
| NBT Bank N A | 5,312 | $1.53M | 0.10% | −87−1.6% | Reduced |
| Azzad Asset Management Inc | 5,300 | $1.53M | 0.15% | +141+2.7% | Added |
| David Loasby | 5,299 | $1.53M | 0.10% | +648+13.9% | Added |
| CX Institutional | 5,281 | $1.52M | 0.05% | −332−5.9% | Reduced |
| Boston Trust Walden Corp | 5,267 | $1.52M | 0.01% | 00.0% | Unchanged |
| Rehmann Capital Advisory Group | 5,240 | $1.51M | 0.08% | −13−0.2% | Reduced |
| Ashton Thomas Private Wealth, LLC | 5,240 | $1.51M | 0.04% | −334−6.0% | Reduced |
| City Holding Co | 5,238 | $1.51M | 0.19% | −132−2.5% | Reduced |
| Blackstone Group Inc. | 5,231 | $1.51M | 0.01% | +5,231 | New |
| Assetmark, Inc | 5,189 | $1.50M | 0.00% | +88+1.7% | Added |
| Community Bank, N.A. | 5,180 | $1.50M | 0.18% | −150−2.8% | Reduced |
| Williams Jones Wealth Management, LLC. | 5,129 | $1.48M | 0.02% | −242−4.5% | Reduced |
| Occudo Quantitative Strategies LP | 5,117 | $1.48M | 0.10% | +5,117 | New |
| Alpine Bank Wealth Management | 5,092 | $1.47M | 0.21% | 00.0% | Unchanged |