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 |
|---|---|---|---|---|---|
| TCP Asset Management, LLC | 1,011 | $290.2K | 0.04% | 00.0% | Unchanged |
| Vista Capital Partners, Inc. | 1,011 | $290.2K | 0.03% | +24+2.4% | Added |
| Albion Financial Group | 1,011 | $290.2K | 0.02% | +316+45.5% | Added |
| Consolidated Planning Corp | 1,013 | $290.8K | 0.05% | +130+14.7% | Added |
| Los Angeles Capital Management LLC | 1,019 | $292.5K | 0.00% | 00.0% | Unchanged |
| Resources Management Corp | 1,020 | $293.0K | 0.04% | −450−30.6% | Reduced |
| MJP Associates Inc | 1,028 | $295.0K | 0.04% | −45−4.2% | Reduced |
| Stratos Wealth Advisors, LLC | 1,030 | $295.6K | 0.02% | −12−1.2% | Reduced |
| Independent Solutions Wealth Management, LLC | 1,030 | $295.6K | 0.04% | 00.0% | Unchanged |
| Eagle Rock Investment Company, LLC | 1,030 | $295.6K | 0.04% | 00.0% | Unchanged |
| Badgley Phelps Wealth Managers, LLC | 1,031 | $295.9K | 0.01% | +306+42.2% | Added |
| Bristol John W & Co Inc | 1,035 | $297.0K | 0.00% | 00.0% | Unchanged |
| Ostrum Asset Management | 1,036 | $297.3K | 0.02% | −389−27.3% | Reduced |
| Carson Advisory Inc. | 1,039 | $298.2K | 0.15% | +5+0.5% | Added |
| Elwood & Goetz Wealth Advisory Group, LLC | 1,041 | $298.8K | 0.05% | +8+0.8% | Added |
| StoneX Group Inc. | 1,041 | $298.8K | 0.02% | −311−23.0% | Reduced |
| Sound Income Strategies, LLC | 1,042 | $299.0K | 0.01% | +18+1.8% | Added |
| C2P Capital Advisory Group, LLC d.b.a. Prosperity Capital Advisors | 1,047 | $300.4K | 0.02% | −65−5.8% | Reduced |
| Accordant Advisory Group Inc | 1,050 | $301.4K | 0.19% | 00.0% | Unchanged |
| Johnson Bixby & Associates, LLC | 1,052 | $301.9K | 0.04% | 00.0% | Unchanged |
| Tradewinds Capital Management, LLC | 1,053 | $302.2K | 0.06% | 00.0% | Unchanged |
| RKL Wealth Management LLC | 1,053 | $302.2K | 0.03% | +1,053 | New |
| Ticino Wealth | 1,050 | $302.4K | 0.11% | 00.0% | Unchanged |
| Avalon Trust Co | 1,056 | $303.1K | 0.02% | +400+61.0% | Added |
| Indiana Trust & Investment Management CO | 1,057 | $303.4K | 0.09% | −230−17.9% | Reduced |
| Tennessee Valley Asset Management Partners | 1,058 | $303.7K | 0.04% | +3+0.3% | Added |
| Sunburst Financial Group, LLC | 1,063 | $305.1K | 0.06% | 00.0% | Unchanged |
| Beto Financial Group, LLC | 974 | $305.2K | 0.18% | +2+0.2% | Added |
| Nixon Peabody Trust Co | 1,066 | $305.9K | 0.02% | −325−23.4% | Reduced |
| Cercano Management LLC | 1,069 | $306.8K | 0.01% | 00.0% | Unchanged |
| Pointe Capital Management LLC | 1,071 | $307.4K | 0.15% | 00.0% | Unchanged |
| Hoge Financial Services, LLC | 1,072 | $307.7K | 0.16% | −2−0.2% | Reduced |
| Compton Wealth Advisory Group, LLC | 1,073 | $308.0K | 0.07% | 00.0% | Unchanged |
| Addison Advisors LLC | 1,076 | $308.8K | 0.07% | +210+24.2% | Added |
| Horst & Graben Wealth Management LLC | 972 | $310.0K | 0.04% | +278+40.1% | Added |
| Douglas Lane & Associates, LLC | 1,082 | $310.5K | 0.00% | 00.0% | Unchanged |
| Fulton Breakefield Broenniman LLC | 1,082 | $310.6K | 0.02% | 00.0% | Unchanged |
| Stockman Wealth Management, Inc. | 1,084 | $311.1K | 0.03% | +17+1.6% | Added |
| Root Financial Partners, LLC | 1,084 | $311.1K | 0.01% | +78+7.8% | Added |
| Tradition Wealth Management, LLC | 1,090 | $312.9K | 0.02% | +39+3.7% | Added |
| Tradewinds, LLC. | 994 | $314.0K | 0.10% | −14−1.4% | Reduced |
| Main Street Financial Solutions, LLC | 1,094 | $314.1K | 0.02% | +11+1.0% | Added |
| Barnes Pettey Financial Advisors, LLC | 1,100 | $315.7K | 0.14% | −35−3.1% | Reduced |
| Baker Ellis Asset Management LLC | 1,100 | $315.7K | 0.04% | 00.0% | Unchanged |
| Dixon Fnancial Services, Inc. | 1,100 | $315.7K | 0.14% | 00.0% | Unchanged |
| Wealth Group, Ltd. | 1,100 | $316.0K | 0.29% | 00.0% | Unchanged |
| Bayban | 1,103 | $316.6K | 0.28% | +986+842.7% | Added |
| Wiser Wealth Management, Inc | 1,106 | $317.4K | 0.07% | +8+0.7% | Added |
| Sovereign Financial Group, Inc. | 1,108 | $318.0K | 0.06% | +35+3.3% | Added |
| Sanders Morris Harris LLC | 1,111 | $318.9K | 0.05% | +1,111 | New |
| PDS Planning, Inc | 1,116 | $320.3K | 0.02% | +18+1.6% | Added |
| Bienville Capital Management, LLC | 1,120 | $321.4K | 0.06% | 00.0% | Unchanged |
| Elmwood Wealth Management, Inc. | 1,130 | $324.3K | 0.09% | 00.0% | Unchanged |
| Childress Capital Advisors, LLC | 1,134 | $325.5K | 0.06% | −65−5.4% | Reduced |
| Tulsa Wealth Advisors, INC | 1,135 | $325.7K | 0.06% | −82−6.7% | Reduced |
| Platform Technology Partners | 1,140 | $327.0K | 0.06% | −33−2.8% | Reduced |
| Capital Counsel LLC | 1,140 | $327.2K | 0.01% | 00.0% | Unchanged |
| Private Management Group Inc | 1,141 | $327.5K | 0.01% | 00.0% | Unchanged |
| Aprio Wealth Management, LLC | 1,141 | $327.5K | 0.02% | +402+54.4% | Added |
| Summit Wealth & Retirement Planning, Inc. | 1,142 | $327.8K | 0.08% | 00.0% | Unchanged |
| Boston Private Wealth LLC | 1,144 | $328.3K | 0.02% | −39−3.3% | Reduced |
| Monetary Management Group Inc | 1,150 | $330.1K | 0.08% | 00.0% | Unchanged |
| Vance Wealth, Inc. | 1,154 | $331.2K | 0.10% | −75−6.1% | Reduced |
| AdvisorNet Financial, Inc | 1,159 | $332.6K | 0.02% | +466+67.2% | Added |
| LRT Capital Management, LLC | 1,162 | $333.5K | 0.31% | −4,639−80.0% | Reduced |
| Beaumont Financial Advisors, LLC | 1,162 | $333.5K | 0.02% | +2+0.2% | Added |
| McLean Asset Management Corp | 1,165 | $334.3K | 0.06% | +1+0.1% | Added |
| Cozad Asset Management Inc | 1,165 | $334.4K | 0.03% | 00.0% | Unchanged |
| Holderness Investments Co | 1,165 | $334.4K | 0.07% | 00.0% | Unchanged |
| Robertson Stephens Wealth Management, LLC | 1,167 | $334.9K | 0.01% | −2−0.2% | Reduced |
| Downshift Financial, LLC | 1,047 | $335.0K | 0.17% | −10−0.9% | Reduced |
| Grandview Asset Management LLC | 1,169 | $335.4K | 0.10% | −401−25.5% | Reduced |
| Frec Markets, Inc. | 1,171 | $336.1K | 0.06% | +216+22.6% | Added |
| Sax Wealth Advisors, LLC | 1,173 | $338.7K | 0.02% | −23−1.9% | Reduced |
| Trustmark National Bank Trust Department | 1,181 | $338.9K | 0.02% | 00.0% | Unchanged |
| WealthPLAN Partners, LLC | 1,193 | $342.4K | 0.07% | −51−4.1% | Reduced |
| Moody Lynn & Lieberson, LLC | 1,196 | $343.3K | 0.02% | 00.0% | Unchanged |
| Financial Solutions Advisory Group, Inc. | 1,200 | $344.4K | 0.05% | +1,200 | New |
| Empirical Financial Services, LLC d.b.a. Empirical Wealth Management | 1,201 | $344.7K | 0.01% | −34−2.8% | Reduced |
| Objectivity Squared, LLC | 1,204 | $345.6K | 0.22% | +5+0.4% | Added |
| Obermeyer Wood Investment Counsel, LLLP | 1,205 | $345.8K | 0.02% | 00.0% | Unchanged |
| Quantum Private Wealth, LLC | 1,206 | $346.1K | 0.11% | 00.0% | Unchanged |
| Bragg Financial Advisors, Inc | 1,206 | $346.1K | 0.01% | +1+0.1% | Added |
| Ellis Investment Partners, LLC | 1,206 | $346.2K | 0.06% | −57−4.5% | Reduced |
| Interchange Capital Partners, LLC | 1,464 | $346.7K | 0.11% | −378−20.5% | Reduced |
| Barnes Dennig Private Wealth Management LLC | 1,213 | $348.1K | 0.34% | 00.0% | Unchanged |
| L2 Asset Management, LLC | 1,213 | $348.1K | 0.03% | +82+7.3% | Added |
| Basecamp Wealth Advisors LLC | 1,213 | $348.2K | 0.07% | 00.0% | Unchanged |
| McKinley Carter Wealth Services, Inc. | 1,213 | $348.3K | 0.02% | +92+8.2% | Added |
| South State Corp. | 1,217 | $349.3K | 0.02% | +285+30.6% | Added |
| YHB Investment Advisors, Inc. | 1,219 | $349.9K | 0.03% | 00.0% | Unchanged |
| Jackson, Grant Investment Advisers, Inc. | 1,221 | $350.4K | 0.12% | 00.0% | Unchanged |
| Abel Hall, LLC | 1,221 | $350.4K | 0.07% | +1,221 | New |
| Summit Wealth Group, LLC | 1,223 | $351.0K | 0.08% | 00.0% | Unchanged |
| Saxon Interests, Inc. | 1,225 | $351.6K | 0.12% | +230+23.1% | Added |
| Westfuller Advisors, LLC | 1,227 | $352.2K | 0.15% | +22+1.8% | Added |
| RFG Advisory, LLC | 1,228 | $352.5K | 0.01% | +46+3.9% | Added |
| TrustBank | 1,230 | $353.0K | 0.14% | −6−0.5% | Reduced |
| Schwarz Dygos Wheeler Investment Advisors LLC | 1,234 | $354.3K | 0.07% | 00.0% | Unchanged |
| Armstrong Advisory Group, Inc | 1,238 | $355.3K | 0.02% | 00.0% | Unchanged |