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, Q1 2026
Institutional positions in Norfolk Southern Corp as of Mar 31, 2026. 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
- 1,841
- +23 vs. Q4 2025
- Shares held
- 168.1M
- +21.1M (+14.4%) vs. Q4 2025
- Total value
- $48.2B
- +$5.78B (+13.6%) vs. Q4 2025
- New holders
- 134
- 581 more added
- Sold out
- 111
- 669 more reduced
34 institutions that held it in Q4 2025 haven't filed for Q1 2026 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.
Compare with Q4 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, Q1 2026
Shares, value and share of portfolio for each institution holding Norfolk Southern Corp; share changes are against Q4 2025.
| Institution | Shares | Value | % of portfolio | Change in shares | Action |
|---|---|---|---|---|---|
| Ferguson Wellman Capital Management, Inc | 2,507 | $719.5K | 0.01% | 00.0% | Unchanged |
| Zacks Investment Management | 2,515 | $721.7K | 0.01% | −202,400−98.8% | Reduced |
| Compass Ion Advisors, LLC | 2,522 | $723.9K | 0.07% | −86−3.3% | Reduced |
| Gryphon Financial Partners LLC | 2,540 | $728.9K | 0.08% | +81+3.3% | Added |
| Chilton Investment Co LLC | 2,541 | $729.3K | 0.02% | −450−15.0% | Reduced |
| JFS Wealth Advisors, LLC | 2,545 | $730.3K | 0.04% | +5+0.2% | Added |
| Chesapeake Wealth Management | 2,555 | $733.3K | 0.23% | −15−0.6% | Reduced |
| Soltis Investment Advisors LLC | 2,559 | $734.4K | 0.05% | +23+0.9% | Added |
| Fulton Bank, N.A. | 2,568 | $737.0K | 0.03% | −43−1.6% | Reduced |
| Factorial Partners, LLC | 2,570 | $737.6K | 0.54% | −700−21.4% | Reduced |
| Lee Danner & Bass Inc | 2,579 | $740.2K | 0.05% | 00.0% | Unchanged |
| U.S. Capital Wealth Advisors, LLC | 2,601 | $746.6K | 0.02% | +573+28.3% | Added |
| Salomon & Ludwin, LLC | 2,594 | $747.1K | 0.07% | −110−4.1% | Reduced |
| Newbridge Financial Services Group, Inc. | 2,604 | $747.2K | 0.12% | −189−6.8% | Reduced |
| Pitcairn Wealth Advisors LLC | 2,602 | $751.3K | 0.07% | 00.0% | Unchanged |
| Cornerstone Wealth Management, LLC | 2,660 | $763.4K | 0.04% | +10.0% | Added |
| Curbstone Financial Management Corp | 2,664 | $764.6K | 0.15% | +30+1.1% | Added |
| Choate Investment Advisors | 2,676 | $768.0K | 0.02% | −68−2.5% | Reduced |
| Ritter Daniher Financial Advisory LLC | 2,681 | $769.5K | 0.13% | +6+0.2% | Added |
| Harbour Investment Management LLC | 2,697 | $774.0K | 0.42% | −5,739−68.0% | Reduced |
| Leelyn Smith, LLC | 2,700 | $774.9K | 0.11% | 00.0% | Unchanged |
| S.A. Mason LLC | 2,700 | $774.9K | 0.29% | 00.0% | Unchanged |
| Excalibur Management Corp | 2,701 | $775.2K | 0.28% | −170−5.9% | Reduced |
| Mairs & Power Inc | 2,715 | $779.2K | 0.01% | −320−10.5% | Reduced |
| Trust Co of Oklahoma | 2,717 | $779.8K | 0.23% | 00.0% | Unchanged |
| Flagship Harbor Advisors, LLC | 2,718 | $780.0K | 0.03% | +3+0.1% | Added |
| Advance Capital Management, Inc. | 2,730 | $783.5K | 0.03% | −25−0.9% | Reduced |
| CM Wealth Advisors LLC | 2,739 | $786.1K | 0.17% | +46+1.7% | Added |
| Kelman-Lazarov, Inc. | 2,753 | $790.0K | 0.11% | −76−2.7% | Reduced |
| CoreCap Advisors, LLC | 2,763 | $793.0K | 0.03% | −147−5.1% | Reduced |
| R Squared Ltd | 2,775 | $796.4K | 0.44% | +2,065+290.8% | Added |
| Valley National Advisers Inc | 2,785 | $799.0K | 0.10% | −10.0% | Reduced |
| Silver Lake Advisory, LLC | 2,795 | $802.1K | 0.32% | +12+0.4% | Added |
| Fidelis Capital Partners, LLC | 2,809 | $806.2K | 0.06% | +19+0.7% | Added |
| Z3 Capital Partners, LLC | 2,813 | $807.3K | 0.20% | −50−1.7% | Reduced |
| National Asset Management, Inc. | 2,873 | $811.3K | 0.05% | −1,213−29.7% | Reduced |
| Signature Estate & Investment Advisors LLC | 2,846 | $816.8K | 0.02% | −332−10.4% | Reduced |
| Old National Bancorp | 2,850 | $818.0K | 0.01% | 00.0% | Unchanged |
| Dynamic Advisor Solutions LLC | 2,854 | $819.0K | 0.03% | −190−6.2% | Reduced |
| Strive Financial Group ,LLC | 2,858 | $821.0K | 0.44% | +12+0.4% | Added |
| Marble Wealth, LLC | 2,862 | $821.4K | 0.14% | −358−11.1% | Reduced |
| Clear Harbor Asset Management, LLC | 2,873 | $824.6K | 0.06% | 00.0% | Unchanged |
| Groupama Asset Managment | 2,874 | $824.8K | 0.01% | +1,242+76.1% | Added |
| Checchi Capital Advisers, LLC | 2,890 | $829.5K | 0.06% | +293+11.3% | Added |
| Vestor Capital, LLC | 2,905 | $834.0K | 0.06% | +503+20.9% | Added |
| Live Oak Private Wealth LLC | 2,910 | $835.2K | 0.12% | 00.0% | Unchanged |
| Everpar Advisors LLC | 2,924 | $839.2K | 0.29% | −239−7.6% | Reduced |
| Independent Financial Group, LLC | 2,933 | $841.8K | 0.02% | +282+10.6% | Added |
| Centric Wealth Management | 2,704 | $842.7K | 0.17% | 00.0% | Unchanged |
| Chesapeake Capital Corp | 2,950 | $846.6K | 0.61% | 00.0% | Unchanged |
| Schrum Private Wealth Management LLC | 2,950 | $846.6K | 0.65% | 00.0% | Unchanged |
| Garner Asset Management Corp | 2,952 | $847.2K | 0.33% | −10−0.3% | Reduced |
| Mather Group, LLC. | 2,970 | $852.4K | 0.01% | +150+5.3% | Added |
| Advocate Group LLC | 2,977 | $854.4K | 0.13% | 00.0% | Unchanged |
| Diversify Wealth Management, LLC | 2,739 | $854.7K | 0.02% | +2,739 | New |
| Smith, Moore & Co. | 2,984 | $856.5K | 0.06% | −48−1.6% | Reduced |
| XML Financial, LLC | 2,986 | $856.8K | 0.07% | +69+2.4% | Added |
| Blue Edge Capital, LLC | 2,989 | $857.8K | 0.11% | +1,489+99.3% | Added |
| Aberdeen Wealth Management LLC | 2,996 | $859.8K | 0.39% | −74−2.4% | Reduced |
| Harbor Advisors LLC | 3,000 | $861.0K | 0.12% | 00.0% | Unchanged |
| Forum Financial Management, LP | 3,031 | $869.9K | 0.01% | −2,869−48.6% | Reduced |
| Horizon Kinetics Asset Management LLC | 3,033 | $870.5K | 0.01% | 00.0% | Unchanged |
| Northcape Wealth Management, LLC | 3,037 | $871.6K | 0.24% | −30−1.0% | Reduced |
| Toth Financial Advisory Corp | 3,051 | $875.6K | 0.10% | +2,176+248.7% | Added |
| Heritage Wealth Advisors | 3,059 | $877.9K | 0.03% | −1,325−30.2% | Reduced |
| Dearborn Partners LLC | 3,090 | $886.7K | 0.05% | −192−5.9% | Reduced |
| Confluence Wealth Services, Inc. | 3,091 | $886.8K | 0.03% | +10.0% | Added |
| Atomi Financial Group, Inc. | 3,097 | $888.8K | 0.03% | +209+7.2% | Added |
| Parkside Financial Bank & Trust | 3,100 | $889.7K | 0.07% | −43−1.4% | Reduced |
| Patton Albertson Miller Group, LLC | 3,110 | $892.6K | 0.11% | −97−3.0% | Reduced |
| Integrated Wealth Concepts LLC | 3,116 | $894.3K | 0.01% | +2,305+284.2% | Added |
| Farmers Trust Co | 3,121 | $895.7K | 0.14% | 00.0% | Unchanged |
| Sumitomo Life Insurance Co | 3,133 | $899.2K | 0.02% | +46+1.5% | Added |
| Norman Fields, Gottscho Capital Management, LLC | 3,150 | $904.0K | 0.30% | 00.0% | Unchanged |
| River Wealth Advisors LLC | 3,207 | $920.4K | 0.11% | +7+0.2% | Added |
| Aull & Monroe Investment Management Corp | 3,209 | $921.0K | 0.43% | 00.0% | Unchanged |
| Exencial Wealth Advisors, LLC | 3,216 | $923.1K | 0.03% | 00.0% | Unchanged |
| Hayek Kallen Investment Management | 3,220 | $924.0K | 0.30% | +3,220 | New |
| Integrated Advisors Network LLC | 3,220 | $924.2K | 0.05% | −174−5.1% | Reduced |
| Westbourne Investment Advisors, Inc. | 3,222 | $924.7K | 0.27% | 00.0% | Unchanged |
| Capstone Investment Advisors, LLC | 3,228 | $926.4K | 0.01% | −99,272−96.9% | Reduced |
| Dark Forest Capital Management LP | 3,238 | $929.3K | 0.08% | +3,238 | New |
| Everhart Financial Group, Inc. | 3,240 | $929.9K | 0.08% | +319+10.9% | Added |
| Southern Michigan Bank & Trust | 3,254 | $933.9K | 0.36% | +3,254 | New |
| Waldron Private Wealth LLC | 3,256 | $934.5K | 0.04% | −41−1.2% | Reduced |
| Summit Financial, LLC | 3,262 | $936.2K | 0.01% | +13+0.4% | Added |
| Mitchell McLeod Pugh & Williams Inc | 3,269 | $938.2K | 0.14% | −40−1.2% | Reduced |
| ICW Investment Advisors LLC | 3,284 | $942.6K | 0.34% | +48+1.5% | Added |
| Clearbridge Investments, LLC | 3,300 | $947.1K | 0.00% | 00.0% | Unchanged |
| Great Lakes Advisors, LLC | 3,303 | $948.0K | 0.01% | −126−3.7% | Reduced |
| Acadian Asset Management LLC | 3,320 | $952.0K | 0.00% | +3,320 | New |
| Millstone Evans Group, LLC | 3,327 | $954.8K | 0.57% | 00.0% | Unchanged |
| Wealthcare Advisory Partners LLC | 3,331 | $956.0K | 0.02% | −298−8.2% | Reduced |
| ION Fund Management Ltd | 3,335 | $957.1K | 0.15% | 00.0% | Unchanged |
| Kovack Advisors, Inc. | 3,363 | $965.6K | 0.05% | −2−0.1% | Reduced |
| HighPoint Advisor Group LLC | 3,365 | $965.8K | 0.04% | −7,739−69.7% | Reduced |
| Tema ETFs LLC | 3,372 | $967.8K | 0.06% | +14+0.4% | Added |
| Pekin Hardy Strauss, Inc. | 3,373 | $968.1K | 0.10% | −120−3.4% | Reduced |
| Malaga Cove Capital, LLC | 3,384 | $971.2K | 0.35% | −46−1.3% | Reduced |
| Saturna Capital CORP | 3,410 | $978.7K | 0.01% | −450−11.7% | Reduced |