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 |
|---|---|---|---|---|---|
| McMillan Office, Inc. | 700 | $200.9K | 0.03% | −300−30.0% | Reduced |
| Cypress Asset Management Inc | 700 | $200.9K | 0.05% | 00.0% | Unchanged |
| WealthTrust Axiom LLC | 700 | $200.9K | 0.05% | 00.0% | Unchanged |
| Cowa, LLC | 700 | $200.9K | 0.05% | 00.0% | Unchanged |
| Murphy, Middleton, Hinkle & Parker, Inc. | 700 | $200.9K | 0.09% | +700 | New |
| Oceanside Advisors LLC | 704 | $202.0K | 0.12% | 00.0% | Unchanged |
| Mark Sheptoff Financial Planning, LLC | 645 | $202.3K | 0.11% | −5−0.8% | Reduced |
| Chesley Taft & Associates LLC | 707 | $202.9K | 0.01% | −2−0.3% | Reduced |
| Alaethes Wealth LLC | 708 | $203.2K | 0.06% | 00.0% | Unchanged |
| Western Wealth Management, LLC | 710 | $203.8K | 0.01% | +1+0.1% | Added |
| Fusion Capital, LLC | 711 | $203.9K | 0.06% | +1+0.1% | Added |
| Bridgewater Advisors Inc. | 776 | $206.2K | 0.01% | +776 | New |
| Keudell/Morrison Wealth Management | 719 | $206.4K | 0.04% | 00.0% | Unchanged |
| GreatBanc Trust CO | 722 | $207.2K | 0.15% | 00.0% | Unchanged |
| Sunflower Bank, N.A. | 723 | $207.5K | 0.05% | −21−2.8% | Reduced |
| Marin Bay Wealth Advisors, LLC | 1,953 | $207.7K | 0.12% | +1,248+177.0% | Added |
| Tacita Capital Inc | 725 | $208.1K | 0.12% | −125−14.7% | Reduced |
| Wealth Dimensions Group, Ltd. | 725 | $208.1K | 0.04% | −20−2.7% | Reduced |
| Hall Laurie J Trustee | 725 | $208.1K | 0.07% | 00.0% | Unchanged |
| Elevatus Welath Management | 733 | $210.4K | 0.11% | 00.0% | Unchanged |
| Camden Capital, LLC | 734 | $210.6K | 0.01% | −22−2.9% | Reduced |
| AlTi Global, Inc. | 734 | $210.8K | 0.00% | +734 | New |
| Baron Wealth Management LLC | 735 | $211.0K | 0.06% | 00.0% | Unchanged |
| COFG Advisors, LLC | 735 | $211.1K | 0.05% | −12−1.6% | Reduced |
| Lee Financial Co | 736 | $211.2K | 0.03% | 00.0% | Unchanged |
| Rockline Wealth Management, LLC | 739 | $212.1K | 0.05% | 00.0% | Unchanged |
| Legacy Financial Independent Advisors LLC | 743 | $213.2K | 0.11% | +743 | New |
| Atlas Brown,Inc. | 745 | $213.8K | 0.06% | +1+0.1% | Added |
| Alpha Financial Partners, LLC | 747 | $214.3K | 0.13% | −3−0.4% | Reduced |
| SmartHarvest Portfolios, LLC | 748 | $214.7K | 0.09% | −204−21.4% | Reduced |
| Washington Trust Bank | 750 | $215.3K | 0.02% | 00.0% | Unchanged |
| Allen Mooney & Barnes Investment Advisors LLC | 750 | $215.3K | 0.03% | 00.0% | Unchanged |
| Farmers & Merchants Trust Co of Long Beach | 751 | $215.5K | 0.05% | 00.0% | Unchanged |
| LifeGoal Wealth Advisors | 751 | $215.5K | 0.12% | +751 | New |
| 626 Financial, LLC | 752 | $215.8K | 0.10% | 00.0% | Unchanged |
| Greenfield Savings Bank | 755 | $216.7K | 0.09% | 00.0% | Unchanged |
| Atlantic Trust, LLC | 757 | $217.3K | 0.04% | −6−0.8% | Reduced |
| First Business Financial Services, Inc. | 758 | $217.5K | 0.02% | +758 | New |
| LVZ Advisors, Inc. | 759 | $217.8K | 0.02% | +4+0.5% | Added |
| Vickerman Investment Advisors, Inc. | 759 | $217.8K | 0.05% | +759 | New |
| Phillips Wealth Planners LLC | 702 | $218.4K | 0.16% | +702 | New |
| Impact Partnership Wealth, LLC | 762 | $218.7K | 0.03% | −58−7.1% | Reduced |
| Biltmore Family Office, LLC | 764 | $219.3K | 0.03% | −338−30.7% | Reduced |
| Cross Staff Investments Inc | 765 | $219.6K | 0.14% | 00.0% | Unchanged |
| Topsail Wealth Management, LLC | 768 | $220.4K | 0.03% | 00.0% | Unchanged |
| Frederick Financial Consultants, LLC | 772 | $221.6K | 0.11% | +1+0.1% | Added |
| Stephenson National Bank & Trust | 775 | $222.4K | 0.06% | −86−10.0% | Reduced |
| Resonant Capital Advisors, LLC | 778 | $223.3K | 0.01% | +83+11.9% | Added |
| Procyon Private Wealth Partners, LLC | 784 | $225.0K | 0.01% | −213−21.4% | Reduced |
| Beacon Financial Group | 787 | $225.9K | 0.02% | +1+0.1% | Added |
| Portfolio Design Labs, LLC | 789 | $226.4K | 0.04% | +789 | New |
| Sowell Financial Services LLC | 790 | $226.6K | 0.01% | +25+3.3% | Added |
| Missouri Trust & Investment Co | 790 | $226.7K | 0.07% | 00.0% | Unchanged |
| Bullock Wealth Management Group | 794 | $227.9K | 0.11% | +2+0.3% | Added |
| First American Bank | 796 | $228.5K | 0.01% | +796 | New |
| ARS Wealth Advisors Group, LLC | 797 | $228.7K | 0.02% | 00.0% | Unchanged |
| GAM Holding AG | 800 | $229.6K | 0.02% | −8,200−91.1% | Reduced |
| Kelly Lawrence W & Associates Inc | 800 | $229.6K | 0.06% | 00.0% | Unchanged |
| Capital Management Corp | 800 | $229.6K | 0.04% | 00.0% | Unchanged |
| Camelot Portfolios, LLC | 800 | $229.6K | 0.17% | 00.0% | Unchanged |
| Petix & Botte Co | 400 | $229.6K | 0.05% | −400−50.0% | Reduced |
| Archer Investment Corp | 800 | $229.6K | 0.05% | 00.0% | Unchanged |
| Sage Capital Management, LLC | 800 | $229.6K | 0.11% | 00.0% | Unchanged |
| Luminvest Wealth Management LLC | 800 | $229.6K | 0.06% | 00.0% | Unchanged |
| Advisors Management Group Inc | 804 | $230.0K | 0.04% | −39−4.6% | Reduced |
| Leigh Baldwin & Co., LLC | 801 | $230.0K | 0.15% | +15+1.9% | Added |
| Hudson Valley Investment Advisors Inc | 804 | $230.7K | 0.03% | 00.0% | Unchanged |
| Fukoku Mutual Life Insurance Co | 805 | $231.0K | 0.02% | −162−16.8% | Reduced |
| Arrow Financial Corp | 809 | $232.2K | 0.02% | −325−28.7% | Reduced |
| Advisory Advocates, LLC | 811 | $232.8K | 0.24% | 00.0% | Unchanged |
| Institute for Wealth Management, LLC. | 812 | $233.0K | 0.03% | −18−2.2% | Reduced |
| Griffith & Werner, Inc. | 815 | $233.8K | 0.12% | −7−0.9% | Reduced |
| Summit Asset Management, LLC | 815 | $233.9K | 0.03% | +815 | New |
| Great Valley Advisor Group, Inc. | 814 | $234.0K | 0.00% | +108+15.3% | Added |
| Regent Peak Wealth Advisors LLC | 816 | $234.2K | 0.05% | +3+0.4% | Added |
| Defiance ETFs, LLC | 818 | $234.8K | 0.00% | +818 | New |
| CWS Financial Advisors, LLC | 819 | $235.1K | 0.06% | 00.0% | Unchanged |
| Versant Capital Management, Inc | 819 | $235.1K | 0.02% | +92+12.7% | Added |
| First Heartland Consultants, Inc. | 820 | $235.3K | 0.02% | +820 | New |
| Founders Financial Alliance, LLC | 820 | $235.4K | 0.04% | +25+3.1% | Added |
| FSM Wealth Advisors, LLC | 822 | $235.9K | 0.03% | −59−6.7% | Reduced |
| Tompkins Financial Corp | 825 | $236.8K | 0.02% | 00.0% | Unchanged |
| Wealthquest Corp | 827 | $237.3K | 0.02% | −38−4.4% | Reduced |
| Guilbault Capital LLC | 827 | $237.4K | 0.26% | +827 | New |
| Moss Adams Wealth Advisors LLC | 827 | $237.4K | 0.02% | +36+4.6% | Added |
| KMG Fiduciary Partners, LLC | 828 | $237.8K | 0.02% | 00.0% | Unchanged |
| Evanson Asset Management, LLC | 829 | $237.8K | 0.01% | 00.0% | Unchanged |
| Plotkin Financial Advisors, LLC | 829 | $237.9K | 0.12% | 00.0% | Unchanged |
| Patton Fund Management, Inc. | 829 | $237.9K | 0.04% | +75+9.9% | Added |
| Innovative Asset Advisors Group, LLC | 830 | $238.1K | 0.14% | +830 | New |
| Tanager Wealth Management LLP | 831 | $238.2K | 0.02% | +5+0.6% | Added |
| Fiducient Advisors LLC | 834 | $239.3K | 0.03% | +834 | New |
| Csenge Advisory Group | 835 | $239.5K | 0.01% | −34−3.9% | Reduced |
| Lighthouse Financial LLC | 835 | $239.6K | 0.14% | +2+0.2% | Added |
| McAdam, LLC | 835 | $239.7K | 0.01% | +127+17.9% | Added |
| Stonebridge Capital Advisors LLC | 836 | $239.9K | 0.02% | 00.0% | Unchanged |
| LVM Capital Management Ltd | 835 | $240.0K | 0.02% | 00.0% | Unchanged |
| Tiemann Investment Advisors, LLC | 837 | $240.2K | 0.09% | +85+11.3% | Added |
| E Fund Management Co., Ltd. | 837 | $240.2K | 0.01% | +837 | New |
| Coastline Complete Wealth LLC | 838 | $240.4K | 0.15% | +4+0.5% | Added |