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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
Essex Savings Bank6,200$1.78M0.39%−20−0.3%Reduced
MUFG Securities Americas Inc.6,214$1.78M0.11%+168+2.8%Added
Whitener Capital Management, Inc.6,217$1.78M0.41%00.0%Unchanged
Shelton Capital Management6,221$1.79M0.04%−5,000−44.6%Reduced
Salvus Wealth Management, LLC6,223$1.79M1.04%+36+0.6%Added
Fortress Investment Group LLC6,225$1.79M0.46%00.0%Unchanged
Blue Chip Partners, Inc.6,226$1.79M0.13%−286−4.4%Reduced
Jennison Associates LLC6,231$1.79M0.00%+10.0%Added
Brady Family Wealth, LLC6,238$1.79M0.56%00.0%Unchanged
Valeo Financial Advisors, LLC6,276$1.80M0.04%−1,158−15.6%Reduced
Charter Trust Co6,290$1.81M0.11%+36+0.6%Added
Lineweaver Wealth Advisors, LLC6,291$1.81M0.24%+224+3.7%Added
CAPROCK Group, Inc.6,361$1.83M0.04%−775−10.9%Reduced
Weatherly Asset Management L. P.6,372$1.83M0.15%00.0%Unchanged
Metis Global Partners, LLC6,397$1.84M0.05%−727−10.2%Reduced
Burney Co6,419$1.84M0.06%−427−6.2%Reduced
Alps Advisors Inc6,444$1.85M0.01%−468−6.8%Reduced
Clifford Swan Investment Counsel LLC6,458$1.85M0.06%00.0%Unchanged
Park National Corp6,460$1.85M0.06%−717−10.0%Reduced
Gateway Investment Advisers LLC6,477$1.86M0.02%−20,230−75.7%Reduced
Wills Financial Group LLC5,992$1.86M0.70%−277−4.4%Reduced
Wesbanco Bank Inc6,509$1.87M0.05%−245−3.6%Reduced
Family Investment Center, Inc.6,510$1.87M0.36%+10+0.2%Added
GAMMA Investing LLC6,513$1.87M0.09%+538+9.0%Added
Goelzer Investment Management, Inc.6,534$1.88M0.09%+750+13.0%Added
North Dakota State Investment Board6,542$1.88M0.08%−1,205−15.6%Reduced
Davis R M Inc6,571$1.89M0.03%−35−0.5%Reduced
Advisor OS, LLC6,599$1.89M0.14%−1,226−15.7%Reduced
Colonial Trust Advisors6,610$1.90M0.15%−623−8.6%Reduced
Harold Davidson & Associates Inc.6,636$1.90M0.92%−5−0.1%Reduced
RMB Capital Management, LLC6,772$1.94M0.03%−64−0.9%Reduced
Spartan Wealth Advisory Services LLC6,814$1.96M0.17%+6,814New
Pflug Koory, LLC6,861$1.97M0.90%00.0%Unchanged
Argent Trust Co6,873$1.97M0.07%−1,259−15.5%Reduced
Banco Bilbao Vizcaya Argentaria, S.A.6,893$1.98M0.01%−10−0.1%Reduced
Freestone Capital Holdings, LLC6,907$1.98M0.06%+470+7.3%Added
IHT Wealth Management, LLC6,918$1.99M0.05%−8−0.1%Reduced
SevenBridge Financial Group, LLC6,661$1.99M0.31%−101−1.5%Reduced
Cannon Global Investment Management, LLC7,000$2.01M4.86%+800+12.9%Added
United Bank7,015$2.01M0.67%−4,561−39.4%Reduced
Ronald Blue Trust, Inc.7,035$2.02M0.02%−771−9.9%Reduced
Crossmark Global Holdings, Inc.7,055$2.02M0.03%+167+2.4%Added
Midwest Trust Co7,123$2.04M0.03%+1,177+19.8%Added
Northwestern Mutual Investment Management Company, LLC7,186$2.06M0.03%+16+0.2%Added
TIAA Wealth Investment Management LLC7,302$2.10M0.02%+7,302New
Heritage Trust Co7,348$2.11M0.21%−137−1.8%Reduced
Cache Advisors, LLC7,409$2.13M0.25%00.0%Unchanged
First Commonwealth Financial Corp7,449$2.14M0.34%00.0%Unchanged
Hutner Capital Management Inc7,454$2.14M0.88%00.0%Unchanged
Fruth Investment Management7,518$2.16M0.54%−290−3.7%Reduced
Patten Group, Inc.7,528$2.16M0.38%−17−0.2%Reduced
Skopos Labs, Inc.7,545$2.17M0.07%+2,241+42.3%Added
Modera Wealth Management, LLC7,549$2.17M0.03%−107−1.4%Reduced
Prospera Financial Services Inc7,542$2.17M0.03%+277+3.8%Added
Keel Point, LLC7,557$2.17M0.15%+176+2.4%Added
Tokio Marine Asset Management Co Ltd7,587$2.18M0.08%00.0%Unchanged
HORAN Wealth, LLC7,606$2.19M0.21%+3,803+100.0%Added
Ritholtz Wealth Management7,633$2.19M0.04%+70+0.9%Added
E. Ohman J:or Asset Management AB7,637$2.19M0.06%00.0%Unchanged
AE Wealth Management LLC7,682$2.20M0.01%−3,746−32.8%Reduced
Inlet Private Wealth, LLC7,700$2.21M0.56%00.0%Unchanged
Greenleaf Trust7,731$2.22M0.02%+1,147+17.4%Added
Empirical Finance, LLC7,852$2.25M0.11%−15−0.2%Reduced
Independent Advisor Alliance7,865$2.26M0.02%+156+2.0%Added
Farringdon Capital, Ltd.7,898$2.27M0.50%+7,898New
Home Federal Bank of Tennessee7,917$2.27M0.57%−175−2.2%Reduced
XY Capital Ltd8,000$2.30M2.51%+8,000New
Diametric Capital, LP8,004$2.30M0.60%−139−1.7%Reduced
Dakota Wealth Management8,018$2.30M0.05%+969+13.7%Added
Partnership Wealth Management, LLC8,035$2.31M1.76%00.0%Unchanged
Versor Investments LP8,050$2.31M5.66%−45,613−85.0%Reduced
Romano Brothers and Company8,076$2.32M0.26%−160−1.9%Reduced
Daymark Wealth Partners, LLC8,177$2.35M0.07%+41+0.5%Added
Anchyra Partners LLC8,179$2.35M0.71%+75+0.9%Added
Kentucky Retirement Systems25,504$2.37M0.18%+11,325+79.9%Added
Point72 Asset Management, L.P.8,254$2.37M0.00%+5,692+222.2%Added
Koshinski Asset Management, Inc.8,281$2.38M0.15%−1,014−10.9%Reduced
Saudi Central Bank8,282$2.38M0.05%+8,282New
Dynamic Technology Lab Private Ltd8,327$2.39M0.39%+8,327New
Jacobi Capital Management LLC8,333$2.39M0.13%+70+0.8%Added
Tower Bridge Advisors8,338$2.39M0.23%00.0%Unchanged
Nicholas Hoffman & Company, LLC.8,360$2.40M0.06%+10.0%Added
DLD Asset Management, LP8,379$2.40M0.24%−3,810−31.3%Reduced
HM Payson & Co8,397$2.41M0.03%−54−0.6%Reduced
Boston Family Office LLC8,433$2.42M0.16%−40−0.5%Reduced
Nomura Holdings Inc8,448$2.42M0.02%+8,448New
Ascent Group, LLC8,480$2.43M0.08%+189+2.3%Added
Resources Investment Advisors, LLC.8,489$2.44M0.02%−1,631−16.1%Reduced
Trexquant Investment LP8,509$2.44M0.02%+8,509New
Fiduciary Group LLC8,512$2.44M0.21%−52−0.6%Reduced
Equitable Holdings, Inc.8,548$2.46M0.02%+6,360+290.7%Added
MTM Investment Management, LLC8,587$2.46M0.78%00.0%Unchanged
Montag A & Associates Inc8,604$2.47M0.11%00.0%Unchanged
Wellington Shields Capital Management, LLC8,689$2.49M0.37%+8,689New
Carlson Capital L P8,700$2.50M0.99%+3,000+52.6%Added
ZWJ Investment Counsel Inc8,714$2.50M0.09%+2,169+33.1%Added
Lido Advisors, LLC8,735$2.51M0.01%+498+6.0%Added
Kingsview Wealth Management, LLC8,778$2.52M0.03%−329−3.6%Reduced
Sanibel Captiva Trust Company, Inc.8,805$2.53M0.07%00.0%Unchanged
BI Asset Management Fondsmaeglerselskab A/S8,835$2.54M0.03%−867−8.9%Reduced