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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.

Institutional holdersQ1 2026: 1,841 institutions
Q1 2021: 1,514 institutionsQ2 2021: 1,546 institutionsQ3 2021: 1,494 institutionsQ4 2021: 1,644 institutionsQ1 2022: 1,646 institutionsQ2 2022: 1,543 institutionsQ3 2022: 1,501 institutionsQ4 2022: 1,592 institutionsQ1 2023: 1,500 institutionsQ2 2023: 1,529 institutionsQ3 2023: 1,444 institutionsQ4 2023: 1,585 institutionsQ1 2024: 1,628 institutionsQ2 2024: 1,565 institutionsQ3 2024: 1,612 institutionsQ4 2024: 1,686 institutionsQ1 2025: 1,656 institutionsQ2 2025: 1,693 institutionsQ3 2025: 1,801 institutionsQ4 2025: 1,852 institutionsQ1 2026: 1,841 institutionsQ2 2026: 1,869 institutions
Value heldQ1 2026: $48.2B
Q1 2021: $49.7BQ2 2021: $48.1BQ3 2021: $42.6BQ4 2021: $52.7BQ1 2022: $50.2BQ2 2022: $39.6BQ3 2022: $36.1BQ4 2022: $41.8BQ1 2023: $35.4BQ2 2023: $37.9BQ3 2023: $33.1BQ4 2023: $40.1BQ1 2024: $43.1BQ2 2024: $36.7BQ3 2024: $42.4BQ4 2024: $41.0BQ1 2025: $41.2BQ2 2025: $45.1BQ3 2025: $50.8BQ4 2025: $49.8BQ1 2026: $48.2BQ2 2026: $53.6B
Institutions holding NSC and their total value by quarter
QuarterHoldersValue
Q2 20261,869$53.6B
Q1 20261,841$48.2B
Q4 20251,852$49.8B
Q3 20251,801$50.8B
Q2 20251,693$45.1B
Q1 20251,656$41.2B
Q4 20241,686$41.0B
Q3 20241,612$42.4B
Q2 20241,565$36.7B
Q1 20241,628$43.1B
Q4 20231,585$40.1B
Q3 20231,444$33.1B
Q2 20231,529$37.9B
Q1 20231,500$35.4B
Q4 20221,592$41.8B
Q3 20221,501$36.1B
Q2 20221,543$39.6B
Q1 20221,646$50.2B
Q4 20211,644$52.7B
Q3 20211,494$42.6B
Q2 20211,546$48.1B
Q1 20211,514$49.7B

Institutions, Q1 2026

Shares, value and share of portfolio for each institution holding Norfolk Southern Corp; share changes are against Q4 2025.

Institutions holding NSC in Q1 2026
InstitutionSharesValue% of portfolioChange in sharesAction
Carret Asset Management, LLC4,465$1.28M0.13%−9−0.2%Reduced
Bailard, Inc.4,473$1.28M0.03%00.0%Unchanged
DF Dent & Co Inc4,521$1.30M0.02%00.0%Unchanged
American Money Management, LLC4,559$1.31M0.21%00.0%Unchanged
Univest Financial Corp4,574$1.31M0.07%+80+1.8%Added
Sym Financial Corp4,580$1.31M0.13%00.0%Unchanged
River Street Advisors LLC4,599$1.32M0.45%+180+4.1%Added
Certified Advisory Corp4,645$1.33M0.12%−63−1.3%Reduced
Private Trust Co NA4,670$1.34M0.12%+68+1.5%Added
Private Wealth Asset Management, LLC4,685$1.34M0.14%−23−0.5%Reduced
Capital International Sarl4,701$1.35M0.02%−102−2.1%Reduced
Moneta Group Investment Advisors LLC4,719$1.35M0.01%+637+15.6%Added
Chicago Partners Investment Group LLC4,540$1.35M0.03%+32+0.7%Added
Meeder Advisory Services, Inc.4,757$1.37M0.06%−289−5.7%Reduced
Capital Square, LLC4,296$1.37M0.63%−35−0.8%Reduced
Radnor Capital Management, LLC4,790$1.37M0.20%00.0%Unchanged
Taylor Hoffman Capital Management LLC4,796$1.38M0.42%−15−0.3%Reduced
Indivisible Partners4,798$1.38M0.12%+303+6.7%Added
Sound View Wealth Advisors Group, LLC4,803$1.38M0.09%−62−1.3%Reduced
BW Gestao de Investimentos Ltda.4,822$1.38M0.06%+4,822New
Smartleaf Asset Management LLC4,904$1.38M0.05%+26+0.5%Added
Aigen Investment Management, LP4,825$1.38M0.36%−3,733−43.6%Reduced
Citizens Financial Group Inc4,836$1.39M0.02%−674−12.2%Reduced
Mayfair Advisory Group, LLC4,868$1.40M0.49%00.0%Unchanged
Community Bank, N.A.4,880$1.40M0.17%−300−5.8%Reduced
Legacy Advisors, LLC4,894$1.40M0.17%−12−0.2%Reduced
Roundview Capital LLC4,901$1.41M0.09%−978−16.6%Reduced
Chemistry Wealth Management LLC4,948$1.42M0.25%+20.0%Added
Headlands Technologies LLC4,956$1.42M0.16%−635−11.4%Reduced
Principal Securities, Inc.4,959$1.42M0.02%+680+15.9%Added
Sargent Investment Group, LLC4,965$1.43M0.19%+457+10.1%Added
Crestwood Advisors Group LLC4,989$1.43M0.02%+99+2.0%Added
SRS Capital Advisors, Inc.4,996$1.43M0.04%+1,218+32.2%Added
Franklin Street Advisors Inc5,000$1.44M0.09%00.0%Unchanged
Krilogy Financial LLC4,765$1.44M0.05%+11+0.2%Added
Journey Advisory Group, LLC5,044$1.45M0.12%−600−10.6%Reduced
CenterBook Partners LP5,046$1.45M0.08%+5,046New
We Are One Seven, LLC5,053$1.45M0.03%+60+1.2%Added
Harbour Investments, Inc.5,070$1.46M0.02%+3,672+262.7%Added
Alpine Bank Wealth Management5,092$1.46M0.21%00.0%Unchanged
Williams Jones Wealth Management, LLC.5,131$1.47M0.02%+20.0%Added
City Holding Co5,144$1.48M0.18%−94−1.8%Reduced
Clear Trail Advisors, LLC5,156$1.48M0.25%+5,156New
Virtu Financial LLC5,203$1.49M0.06%−4,421−45.9%Reduced
Peapack Gladstone Financial Corp5,244$1.51M0.02%+160+3.1%Added
Blue Jean Financial LLC5,251$1.51M1.24%−163−3.0%Reduced
Exchange Bank5,256$1.51M1.05%−100−1.9%Reduced
Boston Trust Walden Corp5,267$1.51M0.01%00.0%Unchanged
Ballentine Partners, LLC5,288$1.52M0.02%−31−0.6%Reduced
Raiffeisen Bank International AG5,383$1.52M0.02%+1,522+39.4%Added
NBT Bank N A5,298$1.52M0.10%−14−0.3%Reduced
Assetmark, Inc5,306$1.52M0.00%+117+2.3%Added
Azzad Asset Management Inc5,319$1.53M0.15%+19+0.4%Added
Everence Capital Management Inc5,330$1.53M0.09%00.0%Unchanged
Main Street Group, LTD5,377$1.54M0.45%00.0%Unchanged
CSU Producer Resources, Inc.5,400$1.55M4.44%00.0%Unchanged
Letson Investment Management, Inc.5,420$1.56M0.60%+20.0%Added
MB, Levis & Associates, LLC5,425$1.56M0.65%−69−1.3%Reduced
First National Trust Co5,459$1.57M0.05%−321−5.6%Reduced
CX Institutional5,468$1.57M0.05%+187+3.5%Added
Cove Private Wealth, LLC5,500$1.58M0.36%00.0%Unchanged
Clark Asset Management, LLC5,530$1.59M0.15%+9+0.2%Added
Rehmann Capital Advisory Group5,532$1.59M0.08%+292+5.6%Added
Wilkins Investment Counsel Inc5,537$1.59M0.23%−25−0.4%Reduced
Brooks, Moore & Associates, Inc.5,550$1.59M0.80%−831−13.0%Reduced
Diversified Trust Co5,551$1.59M0.03%−37−0.7%Reduced
Dai-Ichi Life Insurance Company, Ltd5,586$1.60M0.05%−225−3.9%Reduced
Blackstone Group Inc.5,597$1.61M0.01%+366+7.0%Added
Ashton Thomas Private Wealth, LLC5,609$1.61M0.04%+369+7.0%Added
Coldstream Capital Management Inc5,614$1.61M0.02%+160+2.9%Added
Hanson & Doremus Investment Management5,616$1.61M0.19%+3,913+229.8%Added
Wealthspire Advisors, LLC5,632$1.62M0.01%+17+0.3%Added
HBK Sorce Advisory LLC5,206$1.62M0.03%+130+2.6%Added
SageView Advisory Group, LLC5,664$1.63M0.06%−165−2.8%Reduced
Benjamin Edwards Inc5,680$1.63M0.02%−312−5.2%Reduced
Park Avenue Securities LLC5,682$1.63M0.01%−109−1.9%Reduced
Umpqua Bank5,697$1.64M0.47%−152−2.6%Reduced
Albert D Mason Inc5,764$1.65M1.07%+38+0.7%Added
Dynasty Wealth Management, LLC5,785$1.66M0.01%−1,070−15.6%Reduced
Valmark Advisers, Inc.5,848$1.68M0.02%+30+0.5%Added
Hantz Financial Services, Inc.5,855$1.68M0.03%−11,190−65.6%Reduced
Atom Investors LP5,855$1.68M0.12%−2,475−29.7%Reduced
Engineers Gate Manager LP5,855$1.68M0.02%+5,855New
Sierra Summit Advisors LLC5,868$1.68M0.24%+254+4.5%Added
Keystone Financial Group5,907$1.70M0.12%+157+2.7%Added
Arkadios Wealth Advisors5,940$1.70M0.03%+617+11.6%Added
Kentucky Retirement Systems Insurance Trust Fund5,943$1.71M0.12%00.0%Unchanged
Joel Isaacson & Co., LLC5,987$1.72M0.06%+500+9.1%Added
Quadrant Capital Group LLC5,996$1.72M0.05%+159+2.7%Added
Westport Asset Management Inc6,000$1.72M0.76%00.0%Unchanged
Massachusetts Wealth Management6,055$1.74M0.75%+65+1.1%Added
Family Legacy, Inc.6,064$1.74M0.52%00.0%Unchanged
Applied Finance Capital Management, LLC6,066$1.74M0.13%+285+4.9%Added
Marble Harbor Investment Counsel, LLC6,067$1.74M0.19%00.0%Unchanged
Canada Post Corp Registered Pension Plan6,097$1.75M0.07%00.0%Unchanged
Leavell Investment Management, Inc.6,098$1.75M0.07%00.0%Unchanged
Securian Asset Management, Inc6,101$1.75M0.07%00.0%Unchanged
Busey Wealth Management6,103$1.75M0.05%−10.0%Reduced
AMG National Trust Bank6,188$1.78M0.04%+1,919+45.0%Added
Caldwell Trust Co6,195$1.78M0.16%−146−2.3%Reduced