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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
Fortitude Family Office, LLC69$19.8K0.00%+46+200.0%Added
Private Wealth Management Group, LLC70$20.1K0.01%00.0%Unchanged
Canton Hathaway, LLC70$20.1K0.00%00.0%Unchanged
Virginia Estate & Retirement Planning Advisors Inc.70$20.1K0.09%+70New
McIlrath & Eck, LLC71$20.4K0.00%00.0%Unchanged
Group One Trading, L.P.71$20.4K0.00%+71New
Meeder Asset Management Inc72$20.7K0.00%−23−24.2%Reduced
Ares Financial Consulting, LLC72$20.7K0.02%00.0%Unchanged
Darwin Advisors, LLC75$21.6K0.01%00.0%Unchanged
Midwest Capital Advisors, LLC76$21.9K0.01%00.0%Unchanged
Synergy Investment Management, LLC77$22.1K0.01%+77New
JPL Wealth Management, LLC78$22.4K0.01%+78New
Timothy G. Youngquist 2020 Irrevocable Trust79$22.7K0.01%+79New
Bruce G. Allen Investments, LLC80$23.0K0.02%−83−50.9%Reduced
Itau Unibanco Holding S.A.80$23.0K0.00%00.0%Unchanged
SOA Wealth Advisors, LLC.80$23.0K0.00%00.0%Unchanged
United Community Bank80$23.0K0.01%00.0%Unchanged
Abound Financial, LLC80$23.0K0.01%00.0%Unchanged
Wilkerson Advisory Group LLC81$23.2K0.01%−227−73.7%Reduced
Glen Eagle Advisors, LLC81$23.4K0.00%00.0%Unchanged
New Age Alpha Advisors, LLC82$23.5K0.00%+18+28.1%Added
Financial Network Wealth Advisors LLC83$23.8K0.02%+19+29.7%Added
Creative Financial Designs Inc85$24.4K0.00%−2,433−96.6%Reduced
Financial Management Professionals, Inc.86$24.6K0.00%00.0%Unchanged
Foster Dykema Cabot & Partners, LLC88$25.3K0.00%00.0%Unchanged
Kimelman & Baird, LLC100$28.7K0.00%−56,780−99.8%Reduced
Tiaa Trust, National Association100$28.7K0.00%−20,334−99.5%Reduced
BNP Paribas100$28.7K0.00%00.0%Unchanged
Game Plan Financial Advisors, LLC100$28.7K0.01%00.0%Unchanged
Team Financial Group, LLC100$28.7K0.01%00.0%Unchanged
Comprehensive Financial Planning, Inc.100$28.7K0.02%00.0%Unchanged
Pinnacle Bancorp, Inc.102$29.3K0.01%00.0%Unchanged
Thurston, Springer, Miller, Herd & Titak, Inc.103$29.6K0.01%−1,112−91.5%Reduced
Boyd Watterson Asset Management LLC104$29.8K0.01%00.0%Unchanged
WPG Advisers, LLC107$30.7K0.02%−1−0.9%Reduced
American National Bank109$31.3K0.00%+4+3.8%Added
Nemes Rush Group LLC109$31.3K0.00%00.0%Unchanged
Oakmont Corp110$31.6K0.01%00.0%Unchanged
Keystone Financial Group, Inc.110$31.7K0.02%00.0%Unchanged
1620 Investment Advisors, Inc.111$31.9K0.02%00.0%Unchanged
Leonteq Securities AG113$32.4K0.00%−22−16.3%Reduced
Westside Investment Management, Inc.114$32.8K0.01%+20+21.3%Added
Financial Life Planners116$33.3K0.03%+116New
NBC Securities, Inc.116$33.5K0.00%−797−87.3%Reduced
Bank of Jackson Hole Trust117$33.6K0.02%00.0%Unchanged
UMA Financial Services, Inc.118$33.9K0.00%−3−2.5%Reduced
Vision Financial Markets LLC120$34.4K0.03%00.0%Unchanged
Fourth Dimension Wealth, LLC121$34.7K0.01%−133−52.4%Reduced
Essential Partners LLC122$35.0K0.01%+6+5.2%Added
LRI Investments, LLC123$35.3K0.00%00.0%Unchanged
Peterson Wealth Services124$35.5K0.01%+1+0.8%Added
Financial Consulate, Inc124$35.6K0.00%+5+4.2%Added
Highline Wealth Partners LLC125$35.8K0.01%+19+17.9%Added
Ballast Advisors LLC125$35.9K0.01%+125New
Luken Investment Analytics, LLC127$36.4K0.01%−2−1.6%Reduced
Sawyer & Company, Inc130$37.3K0.01%−95−42.2%Reduced
SIMA Wealth Partners, LLC130$37.3K0.03%−80−38.1%Reduced
Sofos Investments, Inc.135$38.7K0.01%+135New
GW&K Investment Management, LLC139$40.0K0.00%+34+32.4%Added
Dynamic Wealth Strategies, LLC142$40.8K0.02%+142New
Strategic Wealth Advisors LLC146$41.0K0.03%−34−18.9%Reduced
Financial Connections Group, Inc.146$41.0K0.01%00.0%Unchanged
Dunhill Financial, LLC143$41.2K0.01%+6+4.4%Added
Twin Peaks Wealth Advisors, LLC144$41.3K0.01%+144New
Prosperity Bancshares Inc144$41.3K0.03%+4+2.9%Added
SHP Wealth Management148$42.7K0.00%+12+8.8%Added
BOK Financial Private Wealth, Inc.150$43.0K0.00%00.0%Unchanged
Cedar Mountain Advisors, LLC150$43.0K0.01%00.0%Unchanged
Adirondack Trust Co150$43.0K0.01%00.0%Unchanged
CrossGen Wealth, LLC151$43.3K0.04%00.0%Unchanged
Zions Bancorporation, National Association153$43.9K0.00%−711−82.3%Reduced
Horizon Bancorp Inc157$45.0K0.02%−838−84.2%Reduced
Parvin Asset Management, LLC160$45.9K0.03%00.0%Unchanged
Manchester Capital Management LLC164$47.1K0.01%−30−15.5%Reduced
Wall Street Financial Group, Inc.167$47.9K0.03%+167New
Gill Capital Partners, LLC167$48.0K0.01%+167New
Abound Wealth Management167$48.0K0.01%+3+1.8%Added
Orion Capital Management LLC168$48.1K0.02%+1+0.6%Added
Intesa Sanpaolo Wealth Management170$48.8K0.01%00.0%Unchanged
Clark Wealth Partners172$49.3K0.03%+1+0.6%Added
North Star Investment Management Corp.180$51.6K0.00%+3+1.7%Added
Align Financial, LLC180$51.7K0.03%−51,790−99.7%Reduced
Trust Co180$51.7K0.00%+20+12.5%Added
TD Capital Management LLC182$52.3K0.00%+50+37.9%Added
Richardson Financial Services Inc.183$52.5K0.03%00.0%Unchanged
Plante Moran Financial Advisors, LLC186$53.4K0.00%+50+36.8%Added
Evergreen Advisors, LLC188$53.9K0.01%+188New
Migdal Insurance & Financial Holdings Ltd.194$55.7K0.00%+194New
American Capital Advisory, LLC196$56.3K0.02%−19−8.8%Reduced
Rogco, LP197$56.5K0.02%00.0%Unchanged
Chung Wu Investment Group, LLC200$57.4K0.05%−1,300−86.7%Reduced
Blackhill Capital Inc200$57.4K0.00%00.0%Unchanged
Community Financial Services Group, LLC200$57.4K0.01%+200New
Keating Financial Advisory Services, Inc.201$57.7K0.01%+17+9.2%Added
First Pacific Financial212$60.8K0.01%+2+1.0%Added
Golden State Equity Partners218$62.6K0.00%+218New
Hilltop National Bank220$63.1K0.02%−60−21.4%Reduced
RMG Wealth Management LLC204$63.5K0.01%00.0%Unchanged
Fairman Group, LLC225$64.6K0.06%−48−17.6%Reduced
MH & Associates Securities Management Corp225$64.6K0.06%00.0%Unchanged