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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
Godsey & Gibb Associates226$64.8K0.01%00.0%Unchanged
LOM Asset Management Ltd230$66.0K0.02%−60−20.7%Reduced
SJS Investment Consulting Inc.230$66.0K0.01%00.0%Unchanged
Bellevue Asset Management, LLC235$67.4K0.03%00.0%Unchanged
Asset Planning,Inc250$71.7K0.05%00.0%Unchanged
Bangor Savings Bank250$71.8K0.01%00.0%Unchanged
Covestor Ltd252$72.0K0.05%+154+157.1%Added
Bogart Wealth, LLC251$72.1K0.00%+16+6.8%Added
Quest 10 Wealth Builders, Inc.257$73.8K0.06%−27−9.5%Reduced
True Link Financial Advisors, LLC259$74.3K0.00%+259New
Strategic Investment Solutions, Inc.260$74.6K0.02%00.0%Unchanged
Towarzystwo Funduszy Inwestycyjnych Pzu SA260$74.6K0.03%00.0%Unchanged
MV Capital Management, Inc.263$75.5K0.01%+43+19.5%Added
Capital Advisors, Ltd. LLC266$76.0K0.01%00.0%Unchanged
Simplex Trading, LLC266$76.3K0.00%−12,053−97.8%Reduced
Loomis Sayles & Co L P270$77.5K0.00%00.0%Unchanged
Silvant Capital Management LLC275$78.9K0.00%00.0%Unchanged
Smallwood Wealth Investment Management, LLC275$78.9K0.04%00.0%Unchanged
Ogorek Anthony Joseph277$79.0K0.02%00.0%Unchanged
Sittner & Nelson, LLC276$79.2K0.03%00.0%Unchanged
Sunbelt Securities, Inc.291$83.5K0.01%00.0%Unchanged
Prestige Wealth Management Group LLC295$84.7K0.02%−22−6.9%Reduced
Hoey Investments, Inc297$85.2K0.01%00.0%Unchanged
Ulland Investment Advisors, LLC300$86.0K0.07%00.0%Unchanged
Thompson Investment Management, Inc.300$86.1K0.01%00.0%Unchanged
Contravisory Investment Management, Inc.300$86.1K0.02%00.0%Unchanged
MPWM Advisory Solutions, LLC307$88.1K0.05%00.0%Unchanged
Owl Creek Wealth Partners LLC307$88.1K0.03%+307New
Transamerica Financial Advisors, Inc.312$89.8K0.01%+236+310.5%Added
Vermillion Wealth Management, Inc.313$89.8K0.04%+13+4.3%Added
Curio Wealth, LLC314$90.1K0.03%+1+0.3%Added
ORG Wealth Partners, LLC316$90.9K0.02%+63+24.9%Added
Essential Investment Partners LLC326$93.6K0.09%00.0%Unchanged
Moisand Fitzgerald Tamayo, LLC332$95.3K0.01%00.0%Unchanged
Chapman Financial Group, LLC334$95.9K0.07%+23+7.4%Added
CVA Family Office, LLC334$95.9K0.01%+67+25.1%Added
Ameriflex Group, Inc.335$96.0K0.05%−16−4.6%Reduced
Napier Financial, LLC345$99.0K0.02%+345New
JNBA Financial Advisors346$99.3K0.01%−4−1.1%Reduced
Quent Capital, LLC351$100.7K0.01%−18−4.9%Reduced
Piscataqua Savings Bank355$101.9K0.07%00.0%Unchanged
Horrell Capital Management, Inc.362$103.9K0.05%00.0%Unchanged
Motco365$104.8K0.01%00.0%Unchanged
Riverview Trust Co365$104.8K0.13%+365New
Clayton Financial Group LLC378$108.5K0.06%00.0%Unchanged
Stone House Investment Management, LLC393$112.7K0.02%00.0%Unchanged
Crews Bank & Trust394$113.1K0.02%−113−22.3%Reduced
Center for Financial Planning, Inc.394$113.1K0.01%−18−4.4%Reduced
Perkins Coie Trust Co395$113.4K0.02%00.0%Unchanged
Cascades Capital Asset Management, LLC395$113.4K0.05%00.0%Unchanged
Centaurus Financial, Inc.398$114.0K0.01%00.0%Unchanged
First Financial Corp400$114.8K0.05%00.0%Unchanged
Holos Integrated Wealth LLC420$121.2K0.06%00.0%Unchanged
Exchange Traded Concepts, LLC426$122.3K0.00%−3−0.7%Reduced
Grove Bank & Trust430$123.4K0.01%00.0%Unchanged
Glass Jacobson Investment Advisors llc430$123.4K0.04%00.0%Unchanged
Annis Gardner Whiting Capital Advisors, LLC435$124.8K0.02%+194+80.5%Added
Capital Analysts, LLC446$128.0K0.00%00.0%Unchanged
Hollencrest Capital Management450$129.2K0.00%00.0%Unchanged
Bank & Trust Co454$130.3K0.09%00.0%Unchanged
Webster Bank, N. A.455$130.6K0.01%+163+55.8%Added
Clean Yield Group474$136.0K0.04%00.0%Unchanged
First United Bank Trust485$139.2K0.05%00.0%Unchanged
Wealth Preservation Advisors, LLC495$142.1K0.12%−455−47.9%Reduced
Duncker Streett & Co Inc495$142.1K0.03%00.0%Unchanged
Horizon Financial Services, LLC497$142.8K0.06%+2+0.4%Added
Gen-Wealth Partners Inc500$143.5K0.05%−173−25.7%Reduced
Coastline Trust Co500$143.5K0.01%00.0%Unchanged
Washington Trust Advisors, Inc.500$143.5K0.01%00.0%Unchanged
Reyes Financial Architecture, Inc.500$143.5K0.12%+500New
True Wealth Design, LLC501$143.9K0.04%+1+0.2%Added
Pinnacle Wealth Planning Services, Inc.505$144.9K0.01%−781−60.7%Reduced
Bravera Wealth508$145.8K0.07%00.0%Unchanged
Manning & Napier Advisors LLC523$150.1K0.00%+312+147.9%Added
SBI Securities Co., Ltd.524$150.4K0.00%00.0%Unchanged
Spire Wealth Management525$150.7K0.01%−498−48.7%Reduced
Joseph Group Capital Management527$151.2K0.04%+68+14.8%Added
Wall Street Access Asset Management, LLC583$154.2K0.04%00.0%Unchanged
Atlas Capital Advisors LLC550$157.8K0.02%+304+123.6%Added
Centennial Bank551$158.1K0.06%00.0%Unchanged
Curat Global, LLC555$159.3K0.16%00.0%Unchanged
Rowland & Co Investment Counsel566$162.4K0.03%−110−16.3%Reduced
Osterweis Capital Management Inc582$167.0K0.01%00.0%Unchanged
Clear Street Markets LLC588$168.8K0.08%+255+76.6%Added
Walleye Trading LLC600$172.2K0.00%−36,764−98.4%Reduced
Trifecta Capital Advisors, LLC600$172.2K0.03%00.0%Unchanged
Rosenberg Matthew Hamilton602$172.8K0.04%+60+11.1%Added
Proffitt & Goodson Inc604$173.3K0.03%00.0%Unchanged
Hickory Point Bank & Trust604$173.3K0.11%+604New
Onefund, LLC615$176.5K0.11%−34−5.2%Reduced
ESL Trust Services, LLC638$183.1K0.03%00.0%Unchanged
Rossby Financial, LCC648$186.0K0.04%+83+14.7%Added
Pin Oak Investment Advisors Inc657$189.0K0.13%00.0%Unchanged
First Command Advisory Services, Inc.682$195.7K0.00%+4+0.6%Added
Crewe Advisors LLC689$197.7K0.02%+12+1.8%Added
Deseret Mutual Benefit Administrators695$199.5K0.07%+292+72.5%Added
Cromwell Holdings LLC696$199.8K0.11%00.0%Unchanged
FC Advisory LLC698$200.2K0.06%00.0%Unchanged
Maple Capital Management, Inc.699$200.6K0.01%−10−1.4%Reduced
Frisch Financial Group, Inc.699$200.6K0.04%00.0%Unchanged