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 |
|---|---|---|---|---|---|
| Tradewinds, LLC. | 994 | $314.0K | 0.10% | −14−1.4% | Reduced |
| Tradition Wealth Management, LLC | 1,090 | $312.9K | 0.02% | +39+3.7% | Added |
| 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 |
| Fulton Breakefield Broenniman LLC | 1,082 | $310.6K | 0.02% | 00.0% | Unchanged |
| Douglas Lane & Associates, LLC | 1,082 | $310.5K | 0.00% | 00.0% | Unchanged |
| Horst & Graben Wealth Management LLC | 972 | $310.0K | 0.04% | +278+40.1% | Added |
| Addison Advisors LLC | 1,076 | $308.8K | 0.07% | +210+24.2% | Added |
| Compton Wealth Advisory Group, LLC | 1,073 | $308.0K | 0.07% | 00.0% | Unchanged |
| Hoge Financial Services, LLC | 1,072 | $307.7K | 0.16% | −2−0.2% | Reduced |
| Pointe Capital Management LLC | 1,071 | $307.4K | 0.15% | 00.0% | Unchanged |
| Cercano Management LLC | 1,069 | $306.8K | 0.01% | 00.0% | Unchanged |
| Nixon Peabody Trust Co | 1,066 | $305.9K | 0.02% | −325−23.4% | Reduced |
| Beto Financial Group, LLC | 974 | $305.2K | 0.18% | +2+0.2% | Added |
| Sunburst Financial Group, LLC | 1,063 | $305.1K | 0.06% | 00.0% | Unchanged |
| Tennessee Valley Asset Management Partners | 1,058 | $303.7K | 0.04% | +3+0.3% | Added |
| Indiana Trust & Investment Management CO | 1,057 | $303.4K | 0.09% | −230−17.9% | Reduced |
| Avalon Trust Co | 1,056 | $303.1K | 0.02% | +400+61.0% | Added |
| Ticino Wealth | 1,050 | $302.4K | 0.11% | 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 |
| Johnson Bixby & Associates, LLC | 1,052 | $301.9K | 0.04% | 00.0% | Unchanged |
| Accordant Advisory Group Inc | 1,050 | $301.4K | 0.19% | 00.0% | Unchanged |
| C2P Capital Advisory Group, LLC d.b.a. Prosperity Capital Advisors | 1,047 | $300.4K | 0.02% | −65−5.8% | Reduced |
| Sound Income Strategies, LLC | 1,042 | $299.0K | 0.01% | +18+1.8% | Added |
| StoneX Group Inc. | 1,041 | $298.8K | 0.02% | −311−23.0% | Reduced |
| Elwood & Goetz Wealth Advisory Group, LLC | 1,041 | $298.8K | 0.05% | +8+0.8% | Added |
| Carson Advisory Inc. | 1,039 | $298.2K | 0.15% | +5+0.5% | Added |
| Ostrum Asset Management | 1,036 | $297.3K | 0.02% | −389−27.3% | Reduced |
| Bristol John W & Co Inc | 1,035 | $297.0K | 0.00% | 00.0% | Unchanged |
| Badgley Phelps Wealth Managers, LLC | 1,031 | $295.9K | 0.01% | +306+42.2% | Added |
| 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 |
| MJP Associates Inc | 1,028 | $295.0K | 0.04% | −45−4.2% | Reduced |
| Resources Management Corp | 1,020 | $293.0K | 0.04% | −450−30.6% | Reduced |
| Los Angeles Capital Management LLC | 1,019 | $292.5K | 0.00% | 00.0% | Unchanged |
| Consolidated Planning Corp | 1,013 | $290.8K | 0.05% | +130+14.7% | Added |
| 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 |
| Ausdal Financial Partners, Inc. | 1,010 | $289.9K | 0.01% | +76+8.1% | Added |
| QTR Family Wealth, LLC | 967 | $289.8K | 0.12% | −36−3.6% | Reduced |
| Quaker Wealth Management, LLC | 1,010 | $289.7K | 0.09% | +2+0.2% | Added |
| Conning Inc. | 1,009 | $289.6K | 0.01% | −197−16.3% | Reduced |
| Vertrix Wealth Management, LLC | 1,005 | $288.4K | 0.11% | +1,005 | New |
| Harbor Investment Advisory, LLC | 1,001 | $287.3K | 0.02% | −49−4.7% | Reduced |
| Argus Investors' Counsel, Inc. | 1,000 | $287.0K | 0.26% | 00.0% | Unchanged |
| J. L. Bainbridge & Co., Inc. | 1,000 | $287.0K | 0.03% | 00.0% | Unchanged |
| Constitution Capital LLC | 1,000 | $287.0K | 0.14% | 00.0% | Unchanged |
| bLong Financial, LLC | 1,000 | $287.0K | 0.22% | 00.0% | Unchanged |
| Spectrum Advisors, Inc. | 1,000 | $287.0K | 0.23% | +1,000 | New |
| Brandywine Oak Private Wealth LLC | 999 | $286.7K | 0.02% | 00.0% | Unchanged |
| BridgePort Financial Solutions, LLC | 998 | $286.5K | 0.08% | −44−4.2% | Reduced |
| FourThought Financial Partners, LLC | 996 | $286.0K | 0.02% | −97−8.9% | Reduced |
| Peachtree Investment Partners, LLC | 995 | $285.6K | 0.11% | −12−1.2% | Reduced |
| Cullen Investment Group, Ltd. | 994 | $285.3K | 0.04% | 00.0% | Unchanged |
| Maia Wealth LLC | 991 | $284.5K | 0.05% | −1−0.1% | Reduced |
| Quantum Financial Advisors, LLC | 991 | $284.3K | 0.03% | +1+0.1% | Added |
| Welch & Forbes LLC | 987 | $283.3K | 0.00% | 00.0% | Unchanged |
| Creekside Partners | 983 | $282.1K | 0.12% | 00.0% | Unchanged |
| Trinity Financial Advisors LLC | 980 | $281.3K | 0.08% | 00.0% | Unchanged |
| Prudent Investors Network | 976 | $280.1K | 0.06% | −63−6.1% | Reduced |
| Physicians Financial Services, Inc. | 975 | $280.0K | 0.08% | +200+25.8% | Added |
| Marotta Asset Management | 975 | $279.7K | 0.05% | 00.0% | Unchanged |
| Sapient Capital LLC | 971 | $278.7K | 0.00% | −1,061−52.2% | Reduced |
| Rise Advisors, LLC | 971 | $278.7K | 0.10% | −254−20.7% | Reduced |
| Old North State Trust, LLC | 969 | $278.0K | 0.17% | 00.0% | Unchanged |
| Asset Dedication, LLC | 967 | $277.5K | 0.02% | 00.0% | Unchanged |
| Wealth Enhancement Trust Services, Inc. | 965 | $277.0K | 0.03% | +922+2,144.2% | Added |
| Pure Financial Advisors, Inc. | 963 | $276.5K | 0.00% | +15+1.6% | Added |
| Aaron Wealth Advisors | 963 | $276.4K | 0.02% | +963 | New |
| Aviance Capital Partners, LLC | 962 | $276.1K | 0.03% | 00.0% | Unchanged |
| Seascape Capital Management | 956 | $274.0K | 0.08% | +1+0.1% | Added |
| CRA Financial Services, LLC | 954 | $273.8K | 0.04% | −4−0.4% | Reduced |
| Triangle Securities Wealth Management | 952 | $273.2K | 0.06% | 00.0% | Unchanged |
| Turtle Creek Wealth Advisors, LLC | 952 | $273.2K | 0.02% | +40+4.4% | Added |
| Modern Wealth Management, LLC | 950 | $272.5K | 0.00% | +57+6.4% | Added |
| Tritonpoint Wealth, LLC | 945 | $271.2K | 0.03% | −7−0.7% | Reduced |
| Accredited Investors Inc. | 943 | $270.7K | 0.01% | −100−9.6% | Reduced |
| Cassaday & Co Wealth Management LLC | 943 | $270.6K | 0.01% | 00.0% | Unchanged |
| GTS Securities LLC | 940 | $269.8K | 0.01% | −971−50.8% | Reduced |
| Oslo Pensjonsforsikring AS | 940 | $269.8K | 0.04% | +940 | New |
| Clark Capital Management Group, Inc. | 937 | $268.9K | 0.00% | −652−41.0% | Reduced |
| Flagship Wealth Advisors, LLC | 1,050 | $268.8K | 0.12% | −450−30.0% | Reduced |
| Howard Capital Management Inc. | 935 | $268.3K | 0.00% | −776−45.4% | Reduced |
| Zhang Financial LLC | 934 | $268.1K | 0.01% | 00.0% | Unchanged |
| Quotient Wealth Partners, LLC | 927 | $266.2K | 0.01% | +63+7.3% | Added |
| MeadowBrook Investment Advisors LLC | 925 | $265.5K | 0.23% | 00.0% | Unchanged |
| Cantor Fitzgerald Investment Adviser L.P. | 925 | $265.5K | 0.02% | 00.0% | Unchanged |
| Decker Wealth Management LLC | 925 | $265.5K | 0.06% | 00.0% | Unchanged |
| TRB Wealth Management, LLC | 925 | $265.5K | 0.04% | +925 | New |
| Heartwood Wealth Advisors LLC | 921 | $264.3K | 0.02% | −2−0.2% | Reduced |
| Walsky Investment Management, Inc. | 918 | $263.5K | 0.27% | 00.0% | Unchanged |
| Royal Capital Wealth Management, LLC | 916 | $262.9K | 0.16% | 00.0% | Unchanged |
| First American Trust, FSB | 915 | $262.5K | 0.02% | +25+2.8% | Added |
| Garrett Wealth Advisory Group, LLC | 913 | $262.1K | 0.05% | −210−18.7% | Reduced |
| Massmutual Trust Co FSB | 913 | $262.0K | 0.01% | −89−8.9% | Reduced |
| Capital Investment Management, Inc. | 906 | $260.1K | 0.09% | −2−0.2% | Reduced |
| Planning Directions Inc | 903 | $259.2K | 0.13% | +4+0.4% | Added |