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 |
|---|---|---|---|---|---|
| Marble Wealth, LLC | 2,862 | $821.4K | 0.14% | −358−11.1% | Reduced |
| Strive Financial Group ,LLC | 2,858 | $821.0K | 0.44% | +12+0.4% | Added |
| Dynamic Advisor Solutions LLC | 2,854 | $819.0K | 0.03% | −190−6.2% | Reduced |
| Old National Bancorp | 2,850 | $818.0K | 0.01% | 00.0% | Unchanged |
| Signature Estate & Investment Advisors LLC | 2,846 | $816.8K | 0.02% | −332−10.4% | Reduced |
| National Asset Management, Inc. | 2,873 | $811.3K | 0.05% | −1,213−29.7% | Reduced |
| Z3 Capital Partners, LLC | 2,813 | $807.3K | 0.20% | −50−1.7% | Reduced |
| Fidelis Capital Partners, LLC | 2,809 | $806.2K | 0.06% | +19+0.7% | Added |
| Silver Lake Advisory, LLC | 2,795 | $802.1K | 0.32% | +12+0.4% | Added |
| Valley National Advisers Inc | 2,785 | $799.0K | 0.10% | −10.0% | Reduced |
| R Squared Ltd | 2,775 | $796.4K | 0.44% | +2,065+290.8% | Added |
| CoreCap Advisors, LLC | 2,763 | $793.0K | 0.03% | −147−5.1% | Reduced |
| Kelman-Lazarov, Inc. | 2,753 | $790.0K | 0.11% | −76−2.7% | Reduced |
| CM Wealth Advisors LLC | 2,739 | $786.1K | 0.17% | +46+1.7% | Added |
| Advance Capital Management, Inc. | 2,730 | $783.5K | 0.03% | −25−0.9% | Reduced |
| Flagship Harbor Advisors, LLC | 2,718 | $780.0K | 0.03% | +3+0.1% | Added |
| Trust Co of Oklahoma | 2,717 | $779.8K | 0.23% | 00.0% | Unchanged |
| Mairs & Power Inc | 2,715 | $779.2K | 0.01% | −320−10.5% | Reduced |
| Excalibur Management Corp | 2,701 | $775.2K | 0.28% | −170−5.9% | Reduced |
| Leelyn Smith, LLC | 2,700 | $774.9K | 0.11% | 00.0% | Unchanged |
| S.A. Mason LLC | 2,700 | $774.9K | 0.29% | 00.0% | Unchanged |
| Harbour Investment Management LLC | 2,697 | $774.0K | 0.42% | −5,739−68.0% | Reduced |
| Ritter Daniher Financial Advisory LLC | 2,681 | $769.5K | 0.13% | +6+0.2% | Added |
| Choate Investment Advisors | 2,676 | $768.0K | 0.02% | −68−2.5% | Reduced |
| Curbstone Financial Management Corp | 2,664 | $764.6K | 0.15% | +30+1.1% | Added |
| Cornerstone Wealth Management, LLC | 2,660 | $763.4K | 0.04% | +10.0% | Added |
| Pitcairn Wealth Advisors LLC | 2,602 | $751.3K | 0.07% | 00.0% | Unchanged |
| Newbridge Financial Services Group, Inc. | 2,604 | $747.2K | 0.12% | −189−6.8% | Reduced |
| Salomon & Ludwin, LLC | 2,594 | $747.1K | 0.07% | −110−4.1% | Reduced |
| U.S. Capital Wealth Advisors, LLC | 2,601 | $746.6K | 0.02% | +573+28.3% | Added |
| Lee Danner & Bass Inc | 2,579 | $740.2K | 0.05% | 00.0% | Unchanged |
| Factorial Partners, LLC | 2,570 | $737.6K | 0.54% | −700−21.4% | Reduced |
| Fulton Bank, N.A. | 2,568 | $737.0K | 0.03% | −43−1.6% | Reduced |
| Soltis Investment Advisors LLC | 2,559 | $734.4K | 0.05% | +23+0.9% | Added |
| Chesapeake Wealth Management | 2,555 | $733.3K | 0.23% | −15−0.6% | Reduced |
| JFS Wealth Advisors, LLC | 2,545 | $730.3K | 0.04% | +5+0.2% | Added |
| Chilton Investment Co LLC | 2,541 | $729.3K | 0.02% | −450−15.0% | Reduced |
| Gryphon Financial Partners LLC | 2,540 | $728.9K | 0.08% | +81+3.3% | Added |
| Compass Ion Advisors, LLC | 2,522 | $723.9K | 0.07% | −86−3.3% | Reduced |
| Zacks Investment Management | 2,515 | $721.7K | 0.01% | −202,400−98.8% | Reduced |
| Ferguson Wellman Capital Management, Inc | 2,507 | $719.5K | 0.01% | 00.0% | Unchanged |
| Garrison Bradford & Associates Inc | 2,500 | $717.5K | 0.81% | 00.0% | Unchanged |
| Papp L Roy & Associates | 2,494 | $715.8K | 0.08% | 00.0% | Unchanged |
| Capital Investment Advisory Services, LLC | 2,491 | $715.1K | 0.05% | −27−1.1% | Reduced |
| Monticello Wealth Management, LLC | 2,472 | $709.5K | 0.05% | +4+0.2% | Added |
| Colonial Trust Co | 2,467 | $708.0K | 0.10% | 00.0% | Unchanged |
| Frank, Rimerman Advisors LLC | 2,467 | $708.0K | 0.05% | +3+0.1% | Added |
| Becker Capital Management Inc | 2,465 | $707.5K | 0.02% | −7−0.3% | Reduced |
| Argyle Capital Management Inc. | 2,462 | $706.6K | 0.23% | 00.0% | Unchanged |
| Mine & Arao Wealth Creation & Management, LLC. | 2,460 | $706.1K | 0.30% | +8+0.3% | Added |
| Navigation Group, LLC | 2,458 | $705.4K | 0.17% | +2,458 | New |
| Texas Capital Bank Wealth Management Services Inc | 2,438 | $699.7K | 0.04% | +2,438 | New |
| Wedbush Securities Inc | 2,428 | $697.0K | 0.02% | −10.0% | Reduced |
| Federated Hermes, Inc. | 2,415 | $693.1K | 0.00% | −704−22.6% | Reduced |
| Rede Wealth, LLC | 2,399 | $688.6K | 0.25% | 00.0% | Unchanged |
| Employees Retirement System of Texas | 2,390 | $686.0K | 0.01% | 00.0% | Unchanged |
| Legacy Capital Group California, Inc. | 2,372 | $680.8K | 0.26% | −708−23.0% | Reduced |
| Cbre Clarion Securities LLC | 2,368 | $679.6K | 0.01% | −470−16.6% | Reduced |
| Peoples Financial Services Corp. | 2,363 | $678.2K | 0.32% | −52−2.2% | Reduced |
| Verus Financial Partners, Inc. | 2,238 | $677.3K | 0.06% | −32−1.4% | Reduced |
| Catalyst Financial Partners LLC | 2,352 | $675.0K | 0.08% | −928−28.3% | Reduced |
| Sigma Planning Corp | 2,349 | $674.2K | 0.02% | +2+0.1% | Added |
| Elser Financial Planning, Inc | 2,357 | $673.9K | 0.03% | −2−0.1% | Reduced |
| Mendel Money Management | 2,340 | $671.6K | 0.28% | −25−1.1% | Reduced |
| Odyssean, LLC | 2,340 | $671.6K | 0.25% | +2,340 | New |
| Atlantic Edge Private Wealth Management, LLC | 2,335 | $670.3K | 0.17% | 00.0% | Unchanged |
| Washington Capital Management Inc | 2,325 | $667.3K | 0.56% | 00.0% | Unchanged |
| Mesirow Financial Investment Management, Inc. | 2,316 | $664.6K | 0.01% | +8+0.3% | Added |
| Focus Financial Network, Inc. | 2,314 | $664.2K | 0.02% | +10.0% | Added |
| Gratus Wealth Advisors, LLC | 2,295 | $658.7K | 0.10% | +5+0.2% | Added |
| TCG Advisory Services, LLC | 2,292 | $657.9K | 0.02% | +16+0.7% | Added |
| Hoxton Planning & Management, LLC | 2,292 | $657.8K | 0.20% | −4−0.2% | Reduced |
| Meridian Wealth Management, LLC | 2,290 | $657.4K | 0.02% | +16+0.7% | Added |
| LongView Wealth Management | 2,183 | $654.2K | 0.16% | +9+0.4% | Added |
| Howland Capital Management LLC | 2,277 | $653.5K | 0.03% | 00.0% | Unchanged |
| Coastwise Capital Group, LLC | 2,275 | $652.9K | 0.36% | +2+0.1% | Added |
| Gilliland Jeter Wealth Management LLC | 2,269 | $651.2K | 0.19% | −45−1.9% | Reduced |
| Fiduciary Alliance LLC | 2,168 | $645.5K | 0.04% | +1,001+85.8% | Added |
| Cornell Pochily Investment Advisors, Inc. | 2,244 | $644.1K | 0.19% | 00.0% | Unchanged |
| Sage Investment Advisers LLC | 2,235 | $641.4K | 0.48% | 00.0% | Unchanged |
| Fort Washington Investment Advisors Inc | 2,230 | $640.0K | 0.00% | −40−1.8% | Reduced |
| Reynders McVeigh Capital Management, LLC | 2,225 | $639.0K | 0.03% | −15−0.7% | Reduced |
| Alan B. Lancz & Associates, Inc. | 2,211 | $634.6K | 0.62% | −730−24.8% | Reduced |
| Financial Planning Hawaii, Inc. | 2,209 | $634.0K | 0.37% | −125−5.4% | Reduced |
| Sheets Smith Wealth Management | 2,201 | $631.7K | 0.07% | −4−0.2% | Reduced |
| Canal Capital Management, LLC | 2,200 | $631.5K | 0.09% | +4+0.2% | Added |
| Legacy Trust | 2,197 | $630.5K | 0.12% | −20−0.9% | Reduced |
| Phoenix Holdings Ltd. | 2,181 | $625.9K | 0.01% | −5,595−72.0% | Reduced |
| Westpac Banking Corp | 2,177 | $624.8K | 0.04% | 00.0% | Unchanged |
| Avantax Planning Partners, Inc. | 2,172 | $623.4K | 0.02% | −5−0.2% | Reduced |
| GM Advisory Group, Inc. | 2,168 | $622.2K | 0.02% | 00.0% | Unchanged |
| Bolthouse Investments, LLC | 2,138 | $613.6K | 0.55% | 00.0% | Unchanged |
| Ballast, Inc. | 2,129 | $611.0K | 0.14% | 00.0% | Unchanged |
| Insigneo Advisory Services, LLC | 2,126 | $610.3K | 0.04% | −50−2.3% | Reduced |
| Evergreen Capital Management LLC | 2,123 | $609.3K | 0.01% | +13+0.6% | Added |
| Cigna Investments Inc | 2,123 | $609.0K | 0.09% | −34−1.6% | Reduced |
| Monarch Capital Management Inc | 2,115 | $607.0K | 0.15% | −180−7.8% | Reduced |
| Profund Advisors LLC | 2,112 | $606.1K | 0.02% | +86+4.2% | Added |
| GW Henssler & Associates Ltd | 2,096 | $601.6K | 0.03% | +2+0.1% | Added |
| Hilltop Holdings Inc. | 2,094 | $600.8K | 0.05% | −187−8.2% | Reduced |