Skip to main content

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
Wilkins Miller Wealth Management, LLC840$241.0K0.15%+2+0.2%Added
Strathmore Capital Advisors, Inc.754$241.1K0.07%+3+0.4%Added
Trust Point Inc.841$241.4K0.02%−28−3.2%Reduced
Zullo Investment Group, Inc.842$241.8K0.09%−44−5.0%Reduced
Richwood Investment Advisors, LLC843$241.9K0.19%−140−14.2%Reduced
West Financial Advisors, LLC846$242.8K0.04%00.0%Unchanged
Villere St Denis J & Co LLC850$243.9K0.03%00.0%Unchanged
WT Wealth Management850$243.9K0.07%00.0%Unchanged
Hudson Value Partners, LLC850$243.9K0.07%00.0%Unchanged
Tilia Fiduciary Partners, Inc.856$245.6K0.13%−134−13.5%Reduced
Wayfinding Financial, LLC857$246.0K0.11%−140−14.0%Reduced
Intrua Financial, LLC858$246.2K0.03%+24+2.9%Added
Impact Capital Partners LLC861$247.1K0.07%−4−0.5%Reduced
Broadleaf Partners, LLC861$247.1K0.06%00.0%Unchanged
Ted Buchan & Co862$247.4K0.09%00.0%Unchanged
Great Diamond Partners, LLC864$248.0K0.05%−32−3.6%Reduced
Cascade Financial Partners, LLC864$248.0K0.03%00.0%Unchanged
Advisory Alpha, LLC865$248.6K0.01%−14−1.6%Reduced
Transcend Wealth Collective, LLC867$248.9K0.02%−46−5.0%Reduced
Cambient Family Office, LLC868$249.1K0.03%+868New
TownSquare Capital, LLC869$249.4K0.06%+869New
Patriot Financial Group Insurance Agency, LLC872$250.4K0.01%+872New
Vawter Financial, Ltd.873$250.6K0.11%00.0%Unchanged
MASTERINVEST Kapitalanlage GmbH875$251.1K0.03%00.0%Unchanged
FLC Capital Advisors875$251.1K0.05%−1−0.1%Reduced
Main Street Research LLC877$251.7K0.01%−240−21.5%Reduced
Apollon Financial, LLC881$252.9K0.03%+36+4.3%Added
Chapin Davis, Inc.888$254.9K0.06%00.0%Unchanged
Cornerstone Select Advisors, LLC891$255.7K0.16%00.0%Unchanged
Buckingham Strategic Partners891$255.9K0.00%+891New
KPP Advisory Services LLC892$256.0K0.04%−239−21.1%Reduced
Courier Capital LLC895$256.9K0.01%−50−5.3%Reduced
Measured Wealth Private Client Group, LLC895$256.9K0.07%00.0%Unchanged
Bay Capital Advisors, LLC899$258.0K0.16%−775−46.3%Reduced
Ci Investments Inc.899$258.0K0.00%−139−13.4%Reduced
Garton & Associates Financial Advisors LLC900$258.3K0.21%−219−19.6%Reduced
Palogic Value Management, L.P.900$258.3K0.11%00.0%Unchanged
Westhampton Capital, LLC900$258.3K0.12%00.0%Unchanged
Jeppson Wealth Management, LLC900$258.3K0.08%00.0%Unchanged
Park Edge Advisors, LLC900$258.3K0.06%00.0%Unchanged
Foguth Wealth Management, LLC.847$258.4K0.03%−5−0.6%Reduced
Planning Directions Inc903$259.2K0.13%+4+0.4%Added
Capital Investment Management, Inc.906$260.1K0.09%−2−0.2%Reduced
Massmutual Trust Co FSB913$262.0K0.01%−89−8.9%Reduced
Garrett Wealth Advisory Group, LLC913$262.1K0.05%−210−18.7%Reduced
First American Trust, FSB915$262.5K0.02%+25+2.8%Added
Royal Capital Wealth Management, LLC916$262.9K0.16%00.0%Unchanged
Walsky Investment Management, Inc.918$263.5K0.27%00.0%Unchanged
Heartwood Wealth Advisors LLC921$264.3K0.02%−2−0.2%Reduced
MeadowBrook Investment Advisors LLC925$265.5K0.23%00.0%Unchanged
Cantor Fitzgerald Investment Adviser L.P.925$265.5K0.02%00.0%Unchanged
Decker Wealth Management LLC925$265.5K0.06%00.0%Unchanged
TRB Wealth Management, LLC925$265.5K0.04%+925New
Quotient Wealth Partners, LLC927$266.2K0.01%+63+7.3%Added
Zhang Financial LLC934$268.1K0.01%00.0%Unchanged
Howard Capital Management Inc.935$268.3K0.00%−776−45.4%Reduced
Flagship Wealth Advisors, LLC1,050$268.8K0.12%−450−30.0%Reduced
Clark Capital Management Group, Inc.937$268.9K0.00%−652−41.0%Reduced
GTS Securities LLC940$269.8K0.01%−971−50.8%Reduced
Oslo Pensjonsforsikring AS940$269.8K0.04%+940New
Cassaday & Co Wealth Management LLC943$270.6K0.01%00.0%Unchanged
Accredited Investors Inc.943$270.7K0.01%−100−9.6%Reduced
Tritonpoint Wealth, LLC945$271.2K0.03%−7−0.7%Reduced
Modern Wealth Management, LLC950$272.5K0.00%+57+6.4%Added
Triangle Securities Wealth Management952$273.2K0.06%00.0%Unchanged
Turtle Creek Wealth Advisors, LLC952$273.2K0.02%+40+4.4%Added
CRA Financial Services, LLC954$273.8K0.04%−4−0.4%Reduced
Seascape Capital Management956$274.0K0.08%+1+0.1%Added
Aviance Capital Partners, LLC962$276.1K0.03%00.0%Unchanged
Aaron Wealth Advisors963$276.4K0.02%+963New
Pure Financial Advisors, Inc.963$276.5K0.00%+15+1.6%Added
Wealth Enhancement Trust Services, Inc.965$277.0K0.03%+922+2,144.2%Added
Asset Dedication, LLC967$277.5K0.02%00.0%Unchanged
Old North State Trust, LLC969$278.0K0.17%00.0%Unchanged
Rise Advisors, LLC971$278.7K0.10%−254−20.7%Reduced
Sapient Capital LLC971$278.7K0.00%−1,061−52.2%Reduced
Marotta Asset Management975$279.7K0.05%00.0%Unchanged
Physicians Financial Services, Inc.975$280.0K0.08%+200+25.8%Added
Prudent Investors Network976$280.1K0.06%−63−6.1%Reduced
Trinity Financial Advisors LLC980$281.3K0.08%00.0%Unchanged
Creekside Partners983$282.1K0.12%00.0%Unchanged
Welch & Forbes LLC987$283.3K0.00%00.0%Unchanged
Quantum Financial Advisors, LLC991$284.3K0.03%+1+0.1%Added
Maia Wealth LLC991$284.5K0.05%−1−0.1%Reduced
Cullen Investment Group, Ltd.994$285.3K0.04%00.0%Unchanged
Peachtree Investment Partners, LLC995$285.6K0.11%−12−1.2%Reduced
FourThought Financial Partners, LLC996$286.0K0.02%−97−8.9%Reduced
BridgePort Financial Solutions, LLC998$286.5K0.08%−44−4.2%Reduced
Brandywine Oak Private Wealth LLC999$286.7K0.02%00.0%Unchanged
Argus Investors' Counsel, Inc.1,000$287.0K0.26%00.0%Unchanged
J. L. Bainbridge & Co., Inc.1,000$287.0K0.03%00.0%Unchanged
Constitution Capital LLC1,000$287.0K0.14%00.0%Unchanged
bLong Financial, LLC1,000$287.0K0.22%00.0%Unchanged
Spectrum Advisors, Inc.1,000$287.0K0.23%+1,000New
Harbor Investment Advisory, LLC1,001$287.3K0.02%−49−4.7%Reduced
Vertrix Wealth Management, LLC1,005$288.4K0.11%+1,005New
Conning Inc.1,009$289.6K0.01%−197−16.3%Reduced
Quaker Wealth Management, LLC1,010$289.7K0.09%+2+0.2%Added
QTR Family Wealth, LLC967$289.8K0.12%−36−3.6%Reduced
Ausdal Financial Partners, Inc.1,010$289.9K0.01%+76+8.1%Added