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 |
|---|---|---|---|---|---|
| WSFS Capital Management, LLC | 24,179 | $6.94M | 0.34% | +21,948+983.8% | Added |
| Concurrent Investment Advisors, LLC | 24,220 | $6.95M | 0.08% | +10,128+71.9% | Added |
| Kornitzer Capital Management Inc | 24,318 | $6.98M | 0.15% | −95−0.4% | Reduced |
| Moors & Cabot, Inc. | 24,743 | $7.10M | 0.30% | −80−0.3% | Reduced |
| Steward Partners Investment Advisory, LLC | 24,796 | $7.12M | 0.04% | +4,359+21.3% | Added |
| Moore Capital Management, LP | 25,000 | $7.17M | 0.26% | −16,818−40.2% | Reduced |
| Running Oak Capital LLC | 25,161 | $7.22M | 0.98% | −1,821−6.7% | Reduced |
| Empowered Funds, LLC | 25,230 | $7.24M | 0.05% | +25,230 | New |
| Callan Family Office, LLC | 25,300 | $7.26M | 0.16% | −889−3.4% | Reduced |
| 1st Source Bank | 25,408 | $7.29M | 0.38% | −527−2.0% | Reduced |
| Redmond Asset Management, LLC | 25,412 | $7.29M | 1.99% | −502−1.9% | Reduced |
| Oregon Public Employees Retirement Fund | 25,720 | $7.38M | 0.10% | +33+0.1% | Added |
| Investment House LLC | 25,752 | $7.39M | 0.38% | +30+0.1% | Added |
| Uncommon Cents Investing LLC | 25,776 | $7.40M | 1.72% | −40−0.2% | Reduced |
| HB Wealth Management, LLC | 26,135 | $7.50M | 0.05% | −1,088−4.0% | Reduced |
| Ausbil Investment Management Ltd | 26,329 | $7.56M | 3.76% | 00.0% | Unchanged |
| Pettyjohn, Wood & White, Inc | 26,618 | $7.64M | 1.22% | −81−0.3% | Reduced |
| Trust Co of Toledo NA | 26,918 | $7.73M | 0.73% | −3,023−10.1% | Reduced |
| Pathstone Holdings, LLC | 27,073 | $7.77M | 0.03% | −742−2.7% | Reduced |
| Toroso Investments, LLC | 27,284 | $7.83M | 0.02% | −92−0.3% | Reduced |
| Mackenzie Financial Corp | 27,534 | $7.90M | 0.01% | +2,368+9.4% | Added |
| Pinnacle Financial Partners, Inc. | 27,727 | $7.96M | 0.06% | −5,901−17.5% | Reduced |
| Vestmark Advisory Solutions, Inc. | 27,847 | $7.99M | 0.09% | +9,019+47.9% | Added |
| BFSG, LLC | 28,073 | $8.06M | 0.76% | −77−0.3% | Reduced |
| Capital Investment Advisors, LLC | 28,385 | $8.15M | 0.12% | −180−0.6% | Reduced |
| Public Employees Retirement Association of Colorado | 28,767 | $8.26M | 0.03% | −60.0% | Reduced |
| Nissay Asset Management Corp | 28,772 | $8.26M | 0.04% | +323+1.1% | Added |
| Johnson Investment Counsel Inc | 29,249 | $8.39M | 0.07% | +287+1.0% | Added |
| Klingenstein Fields & Co LP | 29,293 | $8.41M | 0.33% | −50−0.2% | Reduced |
| Brinker Capital Investments, LLC | 29,599 | $8.49M | 0.07% | −3,298−10.0% | Reduced |
| Yousif Capital Management, LLC | 29,623 | $8.50M | 0.10% | +1,004+3.5% | Added |
| Heritage Investors Management Corp | 29,661 | $8.51M | 0.26% | −706−2.3% | Reduced |
| Tower Research Capital LLC (TRC) | 29,803 | $8.55M | 0.22% | +20,680+226.7% | Added |
| Wellington Management Group LLP | 29,951 | $8.60M | 0.00% | +1,746+6.2% | Added |
| Alberta Investment Management Corp | 30,000 | $8.61M | 0.05% | +30,000 | New |
| Centiva Capital, LP | 30,039 | $8.62M | 0.40% | +610+2.1% | Added |
| GWM Advisors LLC | 30,365 | $8.71M | 0.03% | −14,310−32.0% | Reduced |
| Skandinaviska Enskilda Banken AB (publ) | 30,400 | $8.72M | 0.20% | −26,222−46.3% | Reduced |
| KBC Group NV | 30,435 | $8.73M | 0.02% | +11,396+59.9% | Added |
| British Columbia Investment Management Corp | 30,925 | $8.88M | 0.05% | −8,893−22.3% | Reduced |
| NEOS Investment Management LLC | 31,492 | $9.04M | 0.05% | +1,246+4.1% | Added |
| Eliot Finkel Investment Counsel, LLC | 31,605 | $9.07M | 4.93% | −35−0.1% | Reduced |
| JustInvest LLC | 31,722 | $9.10M | 0.09% | +1,364+4.5% | Added |
| Lafayette Investments, Inc. | 31,895 | $9.15M | 1.85% | −1,534−4.6% | Reduced |
| Huntington National Bank | 31,977 | $9.18M | 0.05% | +10,945+52.0% | Added |
| Richard C. Young & CO., LTD. | 32,023 | $9.19M | 0.76% | −29,305−47.8% | Reduced |
| Sumitomo Mitsui DS Asset Management Company, Ltd | 32,089 | $9.21M | 0.07% | +656+2.1% | Added |
| XTX Topco Ltd | 32,595 | $9.35M | 0.16% | +32,595 | New |
| Rakuten Investment Management, Inc. | 33,319 | $9.41M | 0.02% | +3,801+12.9% | Added |
| Vestcor Inc | 33,113 | $9.50M | 0.26% | −6,400−16.2% | Reduced |
| Tufton Capital Management | 33,344 | $9.57M | 1.74% | −422−1.2% | Reduced |
| Linscomb & Williams, Inc. | 33,391 | $9.58M | 0.43% | −8,725−20.7% | Reduced |
| Saybrook Capital | 33,691 | $9.67M | 2.60% | −1,602−4.5% | Reduced |
| Baker Chad R | 33,906 | $9.73M | 1.84% | 00.0% | Unchanged |
| BTC Capital Management, Inc. | 34,343 | $9.85M | 0.67% | −4,832−12.3% | Reduced |
| Police & Firemen's Retirement System of New Jersey | 34,781 | $9.98M | 0.09% | +57+0.2% | Added |
| Swiss Life Asset Management Ltd | 49,345 | $10.1M | 0.05% | +25,781+109.4% | Added |
| Baker Avenue Asset Management, LP | 35,345 | $10.1M | 0.23% | +1,892+5.7% | Added |
| Cohen Klingenstein LLC | 35,500 | $10.2M | 0.33% | 00.0% | Unchanged |
| Voya Investment Management LLC | 35,566 | $10.2M | 0.01% | +88+0.2% | Added |
| Neville Rodie & Shaw Inc | 36,664 | $10.5M | 0.76% | −826−2.2% | Reduced |
| Glenview Trust Co | 36,709 | $10.5M | 0.17% | −3,581−8.9% | Reduced |
| Utah Retirement Systems | 36,710 | $10.5M | 0.11% | −626−1.7% | Reduced |
| Glenmede Trust Co NA | 37,063 | $10.6M | 0.05% | −3,018−7.5% | Reduced |
| Kempen Capital Management N.V. | 37,112 | $10.7M | 0.09% | 00.0% | Unchanged |
| Trajan Wealth LLC | 37,285 | $10.7M | 0.45% | +545+1.5% | Added |
| Sanctuary Advisors, LLC | 38,193 | $11.0M | 0.06% | −4,102−9.7% | Reduced |
| Cresset Asset Management, LLC | 38,989 | $11.2M | 0.05% | +43+0.1% | Added |
| Daiwa Securities Group Inc. | 39,003 | $11.2M | 0.03% | +2,643+7.3% | Added |
| Connor, Clark & Lunn Investment Management Ltd. | 39,087 | $11.2M | 0.03% | +2,150+5.8% | Added |
| Xponance, Inc. | 39,730 | $11.4M | 0.08% | +6,218+18.6% | Added |
| ProShare Advisors LLC | 39,911 | $11.5M | 0.02% | −5,209−11.5% | Reduced |
| Teacher Retirement System of Texas | 39,964 | $11.5M | 0.05% | −410−1.0% | Reduced |
| TPG GP A, LLC | 40,000 | $11.5M | 0.31% | +40,000 | New |
| Jones Financial Companies LLLP | 40,970 | $11.6M | 0.01% | +11,162+37.4% | Added |
| Janus Henderson Group PLC | 41,052 | $11.8M | 0.01% | −1,322−3.1% | Reduced |
| M. Kraus & Co | 41,872 | $12.0M | 3.51% | −467−1.1% | Reduced |
| Amalgamated Bank | 41,889 | $12.0M | 0.09% | −75−0.2% | Reduced |
| Ilmarinen Mutual Pension Insurance Co | 42,148 | $12.1M | 0.10% | +7,398+21.3% | Added |
| Cambridge Investment Research Advisors, Inc. | 42,261 | $12.1M | 0.03% | −643−1.5% | Reduced |
| PensionDanmark Pensionsforsikringsaktieselskab | 42,270 | $12.1M | 0.12% | −1,420−3.3% | Reduced |
| Commerce Bank | 42,295 | $12.1M | 0.06% | +5,675+15.5% | Added |
| Ingalls & Snyder LLC | 42,448 | $12.2M | 0.43% | −164−0.4% | Reduced |
| Blair William & Co | 42,505 | $12.2M | 0.03% | +263+0.6% | Added |
| Mirae Asset Global Investments Co., Ltd. | 43,285 | $12.4M | 0.04% | +8,060+22.9% | Added |
| EFG International AG | 43,302 | $12.4M | 0.27% | +5,356+14.1% | Added |
| Atlantic Union Bankshares Corp | 46,177 | $13.3M | 0.25% | −1,123−2.4% | Reduced |
| Wealth Enhancement Advisory Services, LLC | 97,775 | $13.4M | 0.03% | +29,516+43.2% | Added |
| Caisse de Depot Et Placement du Quebec | 47,160 | $13.5M | 0.02% | +47,160 | New |
| Gotham Asset Management, LLC | 47,333 | $13.6M | 0.04% | −43,074−47.6% | Reduced |
| SCS Capital Management LLC | 47,339 | $13.6M | 0.14% | −9,677−17.0% | Reduced |
| USS Investment Management Ltd | 47,536 | $13.7M | 0.06% | +4,997+11.7% | Added |
| Varma Mutual Pension Insurance Co | 47,630 | $13.7M | 0.08% | 00.0% | Unchanged |
| Retirement Systems of Alabama | 47,690 | $13.7M | 0.05% | −44−0.1% | Reduced |
| SEB Asset Management AB | 47,822 | $13.7M | 0.06% | +47,822 | New |
| Bryn Mawr Trust Co | 48,144 | $13.8M | 0.33% | +3,902+8.8% | Added |
| Wiley Bros.-Aintree Capital, LLC | 49,049 | $14.1M | 0.07% | +777+1.6% | Added |
| Dillon & Associates Inc | 49,083 | $14.1M | 1.94% | +228+0.5% | Added |
| Advisor Group Holdings, Inc. | 49,080 | $14.1M | 0.02% | −13,412−21.5% | Reduced |
| BNP PARIBAS ASSET MANAGEMENT Holding S.A. | 49,951 | $14.3M | 0.02% | −4,147−7.7% | Reduced |