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 |
|---|---|---|---|---|---|
| Stonebridge Financial Group, LLC | 1,240 | $356.0K | 0.30% | +6+0.5% | Added |
| Kathmere Capital Management, LLC | 1,241 | $356.2K | 0.02% | +298+31.6% | Added |
| NorthRock Partners, LLC | 1,244 | $357.0K | 0.01% | +81+7.0% | Added |
| Bank of Hawaii | 1,250 | $358.8K | 0.02% | 00.0% | Unchanged |
| Stokes Family Office, LLC | 1,252 | $359.3K | 0.04% | −279−18.2% | Reduced |
| Change Path, LLC | 1,252 | $359.4K | 0.01% | −623−33.2% | Reduced |
| Dorato Capital Management | 1,222 | $359.4K | 0.27% | 00.0% | Unchanged |
| Shepherd Financial Partners LLC | 1,258 | $361.0K | 0.03% | −2−0.2% | Reduced |
| Jag Capital Management, LLC | 1,260 | $361.5K | 0.04% | 00.0% | Unchanged |
| JGP Wealth Management, LLC | 1,268 | $363.9K | 0.04% | −4−0.3% | Reduced |
| Citizens & Northern Corp | 1,270 | $364.5K | 0.09% | −5,566−81.4% | Reduced |
| O'Brien Greene & Co. Inc | 1,270 | $364.5K | 0.10% | 00.0% | Unchanged |
| Canandaigua National Trust Co of Florida | 1,273 | $365.4K | 0.29% | −62−4.6% | Reduced |
| Campion Asset Management LLC | 1,278 | $366.8K | 0.25% | −9−0.7% | Reduced |
| Sky-Mountain Capital Management, Inc. | 1,278 | $366.8K | 0.26% | 00.0% | Unchanged |
| Ames National Corp | 1,300 | $368.2K | 0.22% | −900−40.9% | Reduced |
| Pine Harbor Wealth Management, LLC | 1,284 | $368.5K | 0.11% | −884−40.8% | Reduced |
| Bill Few Associates, Inc. | 1,284 | $368.5K | 0.09% | −9−0.7% | Reduced |
| Cary Street Partner Investment Advisory LLC | 1,284 | $368.5K | 0.09% | +57+4.6% | Added |
| Terry L. Blaker | 1,293 | $371.1K | 0.01% | 00.0% | Unchanged |
| Kingswood Wealth Advisors, LLC | 1,295 | $371.8K | 0.02% | −14−1.1% | Reduced |
| Legacy Financial Advisors, Inc. | 1,315 | $377.4K | 0.05% | −10−0.8% | Reduced |
| Doliver Advisors, LP | 1,321 | $379.1K | 0.09% | −33−2.4% | Reduced |
| Steigerwald, Gordon & Koch Inc. | 1,321 | $379.3K | 0.04% | −16−1.2% | Reduced |
| 71 West Capital Partners | 1,322 | $379.4K | 0.02% | +560+73.5% | Added |
| Lantern Wealth Advisors, LLC | 1,325 | $380.3K | 0.20% | −965−42.1% | Reduced |
| Woodward Diversified Capital, LLC | 1,260 | $381.0K | 0.17% | −1,561−55.3% | Reduced |
| One Charles Private Wealth Services, LLC | 1,334 | $383.0K | 0.10% | −41−3.0% | Reduced |
| Lyell Wealth Management, LP | 1,344 | $385.7K | 0.03% | 00.0% | Unchanged |
| Hardin Capital Partners, LLC | 1,345 | $386.0K | 0.18% | 00.0% | Unchanged |
| Journey Strategic Wealth LLC | 1,346 | $386.2K | 0.01% | +295+28.1% | Added |
| Capital Advisors Inc | 1,348 | $386.9K | 0.01% | +9+0.7% | Added |
| Farmers & Merchants Trust Co of Chambersburg PA | 1,350 | $387.0K | 0.11% | 00.0% | Unchanged |
| Cypress Wealth Services, LLC | 1,349 | $387.1K | 0.05% | −35−2.5% | Reduced |
| South Street Advisors LLC | 1,350 | $387.4K | 0.06% | 00.0% | Unchanged |
| Fagan Associates, Inc. | 1,350 | $387.4K | 0.05% | 00.0% | Unchanged |
| Woodard & Co Asset Management Group Inc | 1,354 | $388.6K | 0.06% | 00.0% | Unchanged |
| Cannon Wealth Management Services, LLC | 1,357 | $389.5K | 0.26% | −27−2.0% | Reduced |
| Baldwin Brothers Inc | 1,357 | $389.5K | 0.03% | 00.0% | Unchanged |
| Slagle Financial, LLC | 1,357 | $389.5K | 0.13% | −1−0.1% | Reduced |
| Massar Capital Management, LP | 1,358 | $389.7K | 0.08% | −8,742−86.6% | Reduced |
| Schwartz Investment Counsel Inc | 1,359 | $390.0K | 0.01% | 00.0% | Unchanged |
| Guardian Investment Management | 1,361 | $390.6K | 0.32% | 00.0% | Unchanged |
| Foster Group, Inc. | 1,363 | $391.1K | 0.01% | +24+1.8% | Added |
| Gladstone Institutional Advisory LLC | 1,372 | $393.9K | 0.01% | +411+42.8% | Added |
| Groupe la Francaise | 1,376 | $394.9K | 0.01% | +87+6.7% | Added |
| Diversified Enterprises, LLC | 1,376 | $395.0K | 0.02% | −39−2.8% | Reduced |
| Pine Haven Investment Counsel, Inc | 1,376 | $395.0K | 0.29% | 00.0% | Unchanged |
| Dudley Capital Management, LLC | 1,377 | $395.2K | 0.17% | +50+3.8% | Added |
| Beacon Investment Advisory Services, Inc. | 1,379 | $395.8K | 0.02% | 00.0% | Unchanged |
| Strategic Investment Advisors | 1,380 | $396.0K | 0.03% | +399+40.7% | Added |
| Vanguard National Trust Co | 1,383 | $396.9K | 0.03% | +1,383 | New |
| Twin Capital Management Inc | 1,387 | $398.1K | 0.05% | +327+30.8% | Added |
| Retirement Planning Group | 1,393 | $399.8K | 0.01% | −20−1.4% | Reduced |
| Citizens Business Bank | 1,395 | $400.4K | 0.07% | 00.0% | Unchanged |
| Fulcrum Asset Management LLP | 1,420 | $400.9K | 0.06% | 00.0% | Unchanged |
| Pavion Blue Capital, LLC | 1,397 | $400.9K | 0.17% | −47−3.3% | Reduced |
| Everett Harris & Co | 1,398 | $401.2K | 0.01% | +6+0.4% | Added |
| Oasis Advisors, LLC | 1,408 | $401.8K | 0.08% | +1,408 | New |
| Moment Partners, LLC | 1,401 | $402.1K | 0.07% | −8−0.6% | Reduced |
| Birch Financial Group, LLC | 1,412 | $405.2K | 0.24% | −14−1.0% | Reduced |
| Premier Path Wealth Partners, LLC | 1,416 | $406.4K | 0.05% | +278+24.4% | Added |
| Founders Capital Management, LLC | 1,417 | $406.7K | 0.07% | 00.0% | Unchanged |
| Hazlett, Burt & Watson, Inc. | 1,414 | $407.0K | 0.13% | 00.0% | Unchanged |
| Relyea Zuckerberg Hanson LLC | 1,422 | $408.1K | 0.04% | −298−17.3% | Reduced |
| Pioneer Wealth Management Group | 1,425 | $409.0K | 0.11% | +4+0.3% | Added |
| MCF Advisors LLC | 1,429 | $410.1K | 0.02% | +480+50.6% | Added |
| Silverberg Bernstein Capital Management LLC | 1,430 | $410.4K | 0.23% | +150+11.7% | Added |
| CWA Asset Management Group, LLC | 1,433 | $411.3K | 0.01% | +38+2.7% | Added |
| W Advisors, LLC | 1,433 | $411.4K | 0.21% | −240−14.3% | Reduced |
| Hall Capital Management Co Inc | 1,314 | $415.0K | 0.15% | −52−3.8% | Reduced |
| V-Square Quantitative Management LLC | 1,447 | $415.3K | 0.04% | −114−7.3% | Reduced |
| Opal Wealth Advisors, LLC | 1,454 | $417.3K | 0.09% | −50−3.3% | Reduced |
| Empower Advisory Group, LLC | 1,455 | $417.6K | 0.00% | −483−24.9% | Reduced |
| Bell Bank | 1,465 | $420.5K | 0.02% | 00.0% | Unchanged |
| Gables Capital Management Inc. | 1,466 | $420.7K | 0.18% | 00.0% | Unchanged |
| Diversified Management Inc | 1,471 | $422.2K | 0.07% | +5+0.3% | Added |
| ARS Investment Partners, LLC | 1,474 | $423.0K | 0.02% | −260−15.0% | Reduced |
| MONECO Advisors, LLC | 1,475 | $423.2K | 0.03% | +290+24.5% | Added |
| Bowen Hanes & Co Inc | 1,475 | $423.3K | 0.01% | −300−16.9% | Reduced |
| TD Private Client Wealth LLC | 1,475 | $423.3K | 0.01% | −2−0.1% | Reduced |
| American State Bank (Iowa) | 1,475 | $423.3K | 0.20% | 00.0% | Unchanged |
| Regatta Capital Group, LLC | 1,476 | $423.6K | 0.06% | 00.0% | Unchanged |
| Financial Advisory Service, Inc. | 1,485 | $426.3K | 0.03% | −3−0.2% | Reduced |
| Anchor Capital Advisors LLC | 1,486 | $426.5K | 0.01% | −1,861−55.6% | Reduced |
| Bank of New Hampshire | 1,490 | $427.6K | 0.10% | 00.0% | Unchanged |
| Chicago Capital, LLC | 1,497 | $429.6K | 0.01% | +16+1.1% | Added |
| Fire Capital Management LLC | 1,500 | $430.5K | 0.20% | 00.0% | Unchanged |
| Medallion Wealth Advisors, LLC | 1,500 | $430.5K | 0.14% | 00.0% | Unchanged |
| Ameritas Advisory Services, LLC | 1,503 | $431.4K | 0.02% | −9−0.6% | Reduced |
| Security National Bank of So Dak | 1,507 | $432.5K | 0.21% | −26−1.7% | Reduced |
| First Foundation Advisors | 1,511 | $433.7K | 0.02% | +807+114.6% | Added |
| Fiduciary Family Office, LLC | 1,515 | $434.8K | 0.12% | −346−18.6% | Reduced |
| Supplemental Annuity Collective Trust of NJ | 1,519 | $436.0K | 0.12% | +1,519 | New |
| BCK Partners, Inc. | 1,525 | $437.7K | 0.24% | 00.0% | Unchanged |
| Davidson Trust Co | 1,532 | $439.7K | 0.19% | 00.0% | Unchanged |
| Prosperity Consulting Group, LLC | 1,534 | $440.1K | 0.02% | −1,009−39.7% | Reduced |
| Cheviot Value Management, LLC | 1,535 | $440.5K | 0.04% | 00.0% | Unchanged |
| Capital Planning Advisors, LLC | 1,536 | $440.8K | 0.06% | −109−6.6% | Reduced |
| Oliver Luxxe Assets LLC | 1,536 | $440.8K | 0.07% | 00.0% | Unchanged |