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 |
|---|---|---|---|---|---|
| Oak Harbor Wealth Partners, LLC | 13,389 | $3.84M | 0.90% | 00.0% | Unchanged |
| Verdence Capital Advisors LLC | 13,393 | $3.84M | 0.22% | −862−6.0% | Reduced |
| Prudential PLC | 13,433 | $3.86M | 0.03% | 00.0% | Unchanged |
| Mizuho Securities USA LLC | 13,576 | $3.90M | 0.09% | −2,762−16.9% | Reduced |
| CIBC World Markets Inc. | 13,639 | $3.91M | 0.01% | −1,626−10.7% | Reduced |
| Texas Yale Capital Corp. | 13,643 | $3.92M | 0.11% | +698+5.4% | Added |
| Occudo Quantitative Strategies LP | 12,502 | $3.95M | 0.21% | +7,385+144.3% | Added |
| Anchor Investment Management, LLC | 14,028 | $4.03M | 0.34% | −204−1.4% | Reduced |
| K2 Principal Fund, L.P. | 14,091 | $4.04M | 0.43% | +3,291+30.5% | Added |
| CWM, LLC | 14,133 | $4.06M | 0.01% | +1,029+7.9% | Added |
| Advanced Asset Management Advisors Inc | 14,200 | $4.08M | 1.13% | 00.0% | Unchanged |
| Old West Investment Management, LLC | 14,315 | $4.11M | 0.45% | +14,315 | New |
| Pacer Advisors, Inc. | 14,339 | $4.12M | 0.01% | −3,941−21.6% | Reduced |
| Central Pacific Bank - Trust Division | 14,493 | $4.16M | 0.53% | −1,860−11.4% | Reduced |
| Welch Group, LLC | 14,503 | $4.16M | 0.16% | +11,380+364.4% | Added |
| IFP Advisors, Inc | 14,533 | $4.17M | 0.09% | −785−5.1% | Reduced |
| Allworth Financial LP | 14,567 | $4.18M | 0.02% | +176+1.2% | Added |
| Fiduciary Trust Co | 14,631 | $4.20M | 0.05% | −65−0.4% | Reduced |
| Pittenger & Anderson Inc | 14,685 | $4.21M | 0.17% | +112+0.8% | Added |
| Entropy Technologies, LP | 14,756 | $4.23M | 0.20% | +14,756 | New |
| Wescott Financial Advisory Group, LLC | 14,807 | $4.25M | 0.37% | −2,090−12.4% | Reduced |
| Alpha Omega Wealth Management LLC | 14,955 | $4.29M | 0.70% | −231−1.5% | Reduced |
| Blue Sparrow, LLC | 15,000 | $4.30M | 0.07% | +15,000 | New |
| Sepio Capital, LP | 15,001 | $4.31M | 0.23% | −483−3.1% | Reduced |
| Hardy Reed LLC | 15,037 | $4.32M | 0.31% | +21+0.1% | Added |
| Cary Street Partners Financial LLC | 15,151 | $4.35M | 0.11% | −236−1.5% | Reduced |
| Federation des caisses Desjardins du Quebec | 15,279 | $4.39M | 0.02% | +4,750+45.1% | Added |
| Slotnik Capital, LLC | 15,311 | $4.39M | 1.31% | −34,500−69.3% | Reduced |
| Loring Wolcott & Coolidge Fiduciary Advisors LLP | 14,865 | $4.40M | 0.04% | −150−1.0% | Reduced |
| Natixis | 15,454 | $4.44M | 0.02% | −232,401−93.8% | Reduced |
| QRG Capital Management, Inc. | 15,462 | $4.44M | 0.05% | +2,031+15.1% | Added |
| Sequoia Financial Advisors, LLC | 15,524 | $4.46M | 0.02% | −62,391−80.1% | Reduced |
| Kestra Private Wealth Services, LLC | 15,602 | $4.48M | 0.06% | −1,219−7.2% | Reduced |
| Aptus Capital Advisors, LLC | 15,606 | $4.48M | 0.04% | +1,773+12.8% | Added |
| W.G. Shaheen & Associates DBA Whitney & Co | 15,726 | $4.51M | 0.38% | +63+0.4% | Added |
| Schroder Investment Management Group | 16,140 | $4.56M | 0.00% | −733−4.3% | Reduced |
| Investment Management Corp of Ontario | 16,066 | $4.61M | 0.06% | −4,055−20.2% | Reduced |
| Rafferty Asset Management, LLC | 16,179 | $4.64M | 0.02% | −5,605−25.7% | Reduced |
| Two Sigma Securities, LLC | 16,210 | $4.65M | 0.54% | +16,210 | New |
| Signaturefd, LLC | 16,227 | $4.66M | 0.07% | −822−4.8% | Reduced |
| Trust Co of Virginia | 16,299 | $4.68M | 0.39% | −435−2.6% | Reduced |
| Farther Finance Advisors, LLC | 16,672 | $4.78M | 0.05% | +1,458+9.6% | Added |
| Farmers National Bank | 16,744 | $4.81M | 1.06% | −9,439−36.1% | Reduced |
| Smithfield Trust Co | 16,786 | $4.82M | 0.21% | 00.0% | Unchanged |
| Mint Tower Capital Management B.V. | 17,000 | $4.88M | 0.48% | 00.0% | Unchanged |
| Highland Capital Management, LLC | 17,099 | $4.91M | 0.26% | −210−1.2% | Reduced |
| Y-Intercept (Hong Kong) Ltd | 17,102 | $4.91M | 0.09% | +5,857+52.1% | Added |
| NewEdge Wealth, LLC | 17,105 | $4.91M | 0.06% | −1,898−10.0% | Reduced |
| Gulf International Bank (UK) Ltd | 17,317 | $4.97M | 0.11% | +5,903+51.7% | Added |
| Baxter Bros Inc | 17,410 | $5.00M | 0.62% | −436−2.4% | Reduced |
| Cherokee Insurance Co | 17,500 | $5.02M | 1.91% | 00.0% | Unchanged |
| Independent Investors Inc | 17,517 | $5.03M | 1.00% | 00.0% | Unchanged |
| Aventail Capital Group, LP | 17,628 | $5.06M | 0.24% | +3,386+23.8% | Added |
| Teachers Retirement System of the State of Kentucky | 17,742 | $5.09M | 0.04% | 00.0% | Unchanged |
| Beacon Pointe Advisors, LLC | 17,894 | $5.14M | 0.03% | +4,017+28.9% | Added |
| Somerset Trust Co | 17,964 | $5.16M | 1.58% | +269+1.5% | Added |
| Silvercrest Asset Management Group LLC | 18,014 | $5.17M | 0.04% | −190−1.0% | Reduced |
| Bessemer Group Inc | 18,047 | $5.18M | 0.01% | −96−0.5% | Reduced |
| Elo Mutual Pension Insurance Co | 18,172 | $5.22M | 0.09% | −740−3.9% | Reduced |
| MML Investors Services, LLC | 18,424 | $5.29M | 0.01% | −19,568−51.5% | Reduced |
| Canandaigua National Corp | 18,431 | $5.29M | 0.47% | +18,431 | New |
| Guggenheim Capital LLC | 18,673 | $5.36M | 0.04% | −943−4.8% | Reduced |
| Pinebridge Investments LLC | 19,032 | $5.46M | 0.05% | −1,766−8.5% | Reduced |
| Patten & Patten Inc | 19,034 | $5.46M | 0.33% | +119+0.6% | Added |
| UniSuper Management Pty Ltd | 19,172 | $5.50M | 0.04% | −224−1.2% | Reduced |
| Cullinan Associates Inc | 19,400 | $5.57M | 0.45% | 00.0% | Unchanged |
| Credit Agricole S A | 19,528 | $5.60M | 0.02% | −3,457−15.0% | Reduced |
| Private Advisor Group, LLC | 19,634 | $5.63M | 0.03% | −72−0.4% | Reduced |
| P Schoenfeld Asset Management LP | 19,700 | $5.65M | 4.49% | −45,000−69.6% | Reduced |
| Jamison Private Wealth Management, Inc. | 19,743 | $5.67M | 0.69% | −88−0.4% | Reduced |
| Bradley Foster & Sargent Inc | 19,914 | $5.72M | 0.09% | −35−0.2% | Reduced |
| New Republic Capital, LLC | 20,215 | $5.80M | 1.96% | +1,463+7.8% | Added |
| Burns J W & Co Inc | 20,266 | $5.82M | 0.67% | +364+1.8% | Added |
| ASR Vermogensbeheer N.V. | 20,342 | $5.84M | 0.07% | +604+3.1% | Added |
| Warren Averett Asset Management, LLC | 20,406 | $5.86M | 0.04% | −391−1.9% | Reduced |
| RSM US Wealth Management LLC | 20,453 | $5.87M | 0.07% | −722−3.4% | Reduced |
| Meridian Investment Counsel Inc. | 20,593 | $5.91M | 1.41% | 00.0% | Unchanged |
| Kintayl Capital LP | 21,261 | $6.10M | 3.75% | −15,311−41.9% | Reduced |
| Estabrook Capital Management | 21,436 | $6.15M | 0.90% | −64−0.3% | Reduced |
| Thompson Siegel & Walmsley LLC | 21,470 | $6.16M | 0.11% | −605−2.7% | Reduced |
| Boothbay Fund Management, LLC | 21,556 | $6.19M | 0.15% | +19,246+833.2% | Added |
| Panagora Asset Management Inc | 21,644 | $6.21M | 0.02% | +18,947+702.5% | Added |
| Allstate Corp | 21,645 | $6.21M | 0.07% | +5,170+31.4% | Added |
| D.A. Davidson & Co. | 21,853 | $6.27M | 0.04% | −653−2.9% | Reduced |
| MAI Capital Management | 21,926 | $6.29M | 0.04% | −160−0.7% | Reduced |
| Douglass Winthrop Advisors, LLC | 22,075 | $6.34M | 0.12% | +4,822+27.9% | Added |
| State of Alaska, Department of Revenue | 22,126 | $6.35M | 0.07% | −100−0.4% | Reduced |
| South Dakota Investment Council | 22,333 | $6.41M | 0.12% | 00.0% | Unchanged |
| Howe & Rusling Inc | 22,475 | $6.45M | 0.42% | +745+3.4% | Added |
| Athos Capital Ltd | 22,520 | $6.46M | 2.00% | +3,120+16.1% | Added |
| Nordea Investment Management AB | 22,905 | $6.48M | 0.01% | +612+2.7% | Added |
| Northwestern Mutual Wealth Management Co | 22,583 | $6.48M | 0.00% | −29−0.1% | Reduced |
| BTG Pactual Asset Management US LLC | 22,619 | $6.49M | 0.63% | +22,619 | New |
| Gibson Wealth Advisors LLC | 22,709 | $6.52M | 4.37% | 00.0% | Unchanged |
| Yakira Capital Management, Inc. | 22,751 | $6.53M | 1.91% | +3,051+15.5% | Added |
| OP Asset Management Ltd | 22,831 | $6.55M | 0.07% | −1,989−8.0% | Reduced |
| Susquehanna International Group, LLP | 22,896 | $6.57M | 0.01% | −89,916−79.7% | Reduced |
| Kestra Advisory Services, LLC | 23,420 | $6.72M | 0.03% | +4,076+21.1% | Added |
| Wealthfront Advisers LLC | 23,715 | $6.81M | 0.01% | +5,616+31.0% | Added |
| Mutual of America Capital Management LLC | 23,893 | $6.86M | 0.08% | −208−0.9% | Reduced |