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 |
|---|---|---|---|---|---|
| Machina Capital S.A.S. | 5,090 | $1.47M | 0.28% | +557+12.3% | Added |
| Peapack Gladstone Financial Corp | 5,084 | $1.47M | 0.02% | −163−3.1% | Reduced |
| Meeder Advisory Services, Inc. | 5,046 | $1.46M | 0.06% | −478−8.7% | Reduced |
| MidWestOne Financial Group, Inc. | 5,009 | $1.45M | 0.16% | 00.0% | Unchanged |
| Franklin Street Advisors Inc | 5,000 | $1.44M | 0.08% | 00.0% | Unchanged |
| We Are One Seven, LLC | 4,993 | $1.44M | 0.03% | +142+2.9% | Added |
| Chemistry Wealth Management LLC | 4,946 | $1.43M | 0.27% | +352+7.7% | Added |
| Legacy Advisors, LLC | 4,906 | $1.42M | 0.15% | +56+1.2% | Added |
| Smartleaf Asset Management LLC | 4,878 | $1.42M | 0.05% | +333+7.3% | Added |
| Crestwood Advisors Group LLC | 4,890 | $1.41M | 0.02% | +277+6.0% | Added |
| Sound View Wealth Advisors Group, LLC | 4,865 | $1.40M | 0.09% | −25−0.5% | Reduced |
| Mayfair Advisory Group, LLC | 4,868 | $1.40M | 0.54% | 00.0% | Unchanged |
| Iowa State Bank | 4,821 | $1.39M | 0.26% | −104−2.1% | Reduced |
| Taylor Hoffman Capital Management LLC | 4,811 | $1.39M | 0.42% | +15+0.3% | Added |
| Capital International Sarl | 4,803 | $1.39M | 0.02% | +306+6.8% | Added |
| Radnor Capital Management, LLC | 4,790 | $1.38M | 0.21% | −375−7.3% | Reduced |
| Miracle Mile Advisors, LLC | 4,787 | $1.38M | 0.02% | +10.0% | Added |
| Krilogy Financial LLC | 4,754 | $1.37M | 0.05% | 00.0% | Unchanged |
| Certified Advisory Corp | 4,708 | $1.36M | 0.12% | +21+0.4% | Added |
| Private Wealth Asset Management, LLC | 4,708 | $1.36M | 0.15% | +42+0.9% | Added |
| Mission Wealth Management, LP | 4,683 | $1.35M | 0.03% | +232+5.2% | Added |
| Scotia Capital Inc. | 4,673 | $1.35M | 0.01% | −341−6.8% | Reduced |
| Essex Financial Services, Inc. | 4,661 | $1.35M | 0.08% | +141+3.1% | Added |
| Virtue Asset Management LLC | 4,652 | $1.34M | 1.07% | −229−4.7% | Reduced |
| Sagespring Wealth Partners, LLC | 4,633 | $1.34M | 0.02% | +162+3.6% | Added |
| Private Trust Co NA | 4,602 | $1.33M | 0.12% | −10.0% | Reduced |
| Sym Financial Corp | 4,580 | $1.32M | 0.14% | −4−0.1% | Reduced |
| Union Savings Bank | 4,578 | $1.32M | 0.57% | +4,578 | New |
| American Money Management, LLC | 4,559 | $1.32M | 0.21% | +837+22.5% | Added |
| Erste Asset Management GmbH | 4,504 | $1.32M | 0.01% | +2,779+161.1% | Added |
| DF Dent & Co Inc | 4,521 | $1.31M | 0.02% | 00.0% | Unchanged |
| Sargent Investment Group, LLC | 4,508 | $1.30M | 0.16% | +4,508 | New |
| Indivisible Partners | 4,495 | $1.30M | 0.14% | +4,495 | New |
| Univest Financial Corp | 4,494 | $1.30M | 0.07% | +20.0% | Added |
| Chicago Partners Investment Group LLC | 4,508 | $1.30M | 0.03% | +5+0.1% | Added |
| Carret Asset Management, LLC | 4,474 | $1.29M | 0.12% | 00.0% | Unchanged |
| Bailard, Inc. | 4,473 | $1.29M | 0.03% | +11+0.2% | Added |
| Meiji Yasuda Asset Management Co Ltd. | 4,443 | $1.28M | 0.06% | −44−1.0% | Reduced |
| First National Bank of Omaha | 4,421 | $1.28M | 0.04% | +4,421 | New |
| River Street Advisors LLC | 4,419 | $1.28M | 0.48% | +99+2.3% | Added |
| Lavaca Capital LLC | 4,417 | $1.28M | 0.22% | 00.0% | Unchanged |
| Heritage Wealth Advisors | 4,384 | $1.27M | 0.05% | 00.0% | Unchanged |
| Pine Valley Investments Ltd Liability Co | 4,380 | $1.26M | 0.06% | +3+0.1% | Added |
| Texas Bank & Trust Co | 4,368 | $1.26M | 0.46% | −81−1.8% | Reduced |
| Marshall & Sterling Wealth Advisors Inc. | 4,361 | $1.26M | 0.83% | −182−4.0% | Reduced |
| King Luther Capital Management Corp | 4,352 | $1.26M | 0.01% | −832−16.0% | Reduced |
| Founders Grove Wealth Partners, LLC | 4,339 | $1.25M | 0.28% | +24+0.6% | Added |
| Capital Square, LLC | 4,331 | $1.25M | 0.64% | −119−2.7% | Reduced |
| Nicolet Bankshares Inc | 4,322 | $1.25M | 0.20% | −1,937−30.9% | Reduced |
| Lazard Asset Management LLC | 4,305 | $1.24M | 0.00% | +394+10.1% | Added |
| St Germain D J Co Inc | 4,284 | $1.24M | 0.05% | 00.0% | Unchanged |
| Principal Securities, Inc. | 4,279 | $1.24M | 0.02% | −311−6.8% | Reduced |
| DAGCO, Inc. | 4,279 | $1.24M | 0.29% | +10.0% | Added |
| Schnieders Capital Management, LLC. | 4,275 | $1.23M | 0.19% | 00.0% | Unchanged |
| AMG National Trust Bank | 4,269 | $1.23M | 0.03% | +5+0.1% | Added |
| Sagewood Asset Management LP | 4,245 | $1.23M | 0.44% | +4,245 | New |
| WBH Advisory Inc | 4,226 | $1.22M | 0.09% | −69−1.6% | Reduced |
| Parallel Advisors, LLC | 4,200 | $1.21M | 0.02% | +160+4.0% | Added |
| Trueblood Wealth Management, LLC | 4,192 | $1.21M | 0.47% | 00.0% | Unchanged |
| Salem Investment Counselors Inc | 4,184 | $1.21M | 0.03% | +214+5.4% | Added |
| CoreFirst Bank & Trust | 4,182 | $1.21M | 0.65% | −603−12.6% | Reduced |
| RiverFront Investment Group, LLC | 4,174 | $1.21M | 0.02% | +1,233+41.9% | Added |
| First PREMIER Bank | 4,174 | $1.21M | 0.28% | −34−0.8% | Reduced |
| Venture Visionary Partners LLC | 4,162 | $1.20M | 0.04% | −147−3.4% | Reduced |
| Tower Trust & Investment Co | 4,138 | $1.19M | 0.75% | −616−13.0% | Reduced |
| St. Clair Advisors, LLC | 4,097 | $1.18M | 0.31% | 00.0% | Unchanged |
| Brookstone Capital Management | 4,091 | $1.18M | 0.01% | +393+10.6% | Added |
| National Asset Management, Inc. | 4,086 | $1.18M | 0.06% | −14−0.3% | Reduced |
| Moneta Group Investment Advisors LLC | 4,082 | $1.18M | 0.01% | −340−7.7% | Reduced |
| Werlinich Asset Management, LLC | 4,059 | $1.18M | 0.58% | 00.0% | Unchanged |
| TCW Group Inc | 4,070 | $1.18M | 0.01% | +4,070 | New |
| Ridgecrest Wealth Partners, LLC | 4,060 | $1.17M | 0.64% | 00.0% | Unchanged |
| Independence Bank of Kentucky | 4,037 | $1.17M | 0.14% | −292−6.7% | Reduced |
| Wendell David Associates Inc | 4,025 | $1.16M | 0.12% | 00.0% | Unchanged |
| Spirepoint Private Client, LLC | 4,020 | $1.16M | 0.11% | 00.0% | Unchanged |
| Credit Industriel Et Commercial | 4,000 | $1.15M | 0.17% | +4,000 | New |
| Vise Technologies, Inc. | 3,993 | $1.15M | 0.02% | +2,036+104.0% | Added |
| CSS LLC | 3,991 | $1.15M | 0.07% | +1,491+59.6% | Added |
| Aldebaran Financial Inc. | 3,968 | $1.15M | 1.07% | 00.0% | Unchanged |
| Alliance Wealth Strategies, LLC d/b/a Brown Edwards Wealth Strategies | 3,968 | $1.15M | 1.07% | +3,968 | New |
| Pullen Investment Management, LLC | 3,959 | $1.14M | 0.60% | −34−0.9% | Reduced |
| Delaney Dennis R | 3,953 | $1.14M | 0.57% | 00.0% | Unchanged |
| Pinnacle West Asset Management, Inc. | 3,940 | $1.14M | 0.74% | −95−2.4% | Reduced |
| Guardian Wealth Advisors, LLC | 3,925 | $1.13M | 0.07% | +459+13.2% | Added |
| Ark Wealth Advisors LLC | 3,924 | $1.13M | 1.22% | +3,924 | New |
| Advisors Asset Management, Inc. | 3,919 | $1.13M | 0.02% | −8,022−67.2% | Reduced |
| VeraBank, N.A. | 3,905 | $1.13M | 0.21% | 00.0% | Unchanged |
| Wedmont Private Capital | 3,964 | $1.13M | 0.04% | +76+2.0% | Added |
| Envestnet Portfolio Solutions, Inc. | 3,894 | $1.12M | 0.00% | +119+3.2% | Added |
| Raiffeisen Bank International AG | 3,861 | $1.12M | 0.01% | −219−5.4% | Reduced |
| Capital International Inc | 3,871 | $1.12M | 0.01% | −278−6.7% | Reduced |
| New Hampshire Trust | 3,870 | $1.12M | 0.22% | −71−1.8% | Reduced |
| Aurora Private Wealth, Inc. | 3,870 | $1.12M | 0.73% | +3,870 | New |
| Fifth Third Wealth Advisors LLC | 3,861 | $1.11M | 0.04% | −59−1.5% | Reduced |
| Saturna Capital CORP | 3,860 | $1.11M | 0.01% | −80−2.0% | Reduced |
| Pathway Financial Advisers, LLC | 3,849 | $1.11M | 0.32% | −82−2.1% | Reduced |
| Siemens Fonds Invest GmbH | 3,829 | $1.11M | 0.06% | −480−11.1% | Reduced |
| Personal Cfo Solutions, LLC | 3,846 | $1.11M | 0.18% | −482−11.1% | Reduced |
| Advyzon Investment Management, LLC | 3,827 | $1.10M | 0.13% | +2,436+175.1% | Added |
| Hilton Head Capital Partners, LLC | 3,824 | $1.10M | 0.65% | +3,824 | New |