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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
Foguth Wealth Management, LLC.847$258.4K0.03%−5−0.6%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
Bay Capital Advisors, LLC899$258.0K0.16%−775−46.3%Reduced
Ci Investments Inc.899$258.0K0.00%−139−13.4%Reduced
Courier Capital LLC895$256.9K0.01%−50−5.3%Reduced
Measured Wealth Private Client Group, LLC895$256.9K0.07%00.0%Unchanged
KPP Advisory Services LLC892$256.0K0.04%−239−21.1%Reduced
Buckingham Strategic Partners891$255.9K0.00%+891New
Cornerstone Select Advisors, LLC891$255.7K0.16%00.0%Unchanged
Chapin Davis, Inc.888$254.9K0.06%00.0%Unchanged
Apollon Financial, LLC881$252.9K0.03%+36+4.3%Added
Main Street Research LLC877$251.7K0.01%−240−21.5%Reduced
MASTERINVEST Kapitalanlage GmbH875$251.1K0.03%00.0%Unchanged
FLC Capital Advisors875$251.1K0.05%−1−0.1%Reduced
Vawter Financial, Ltd.873$250.6K0.11%00.0%Unchanged
Patriot Financial Group Insurance Agency, LLC872$250.4K0.01%+872New
TownSquare Capital, LLC869$249.4K0.06%+869New
Cambient Family Office, LLC868$249.1K0.03%+868New
Transcend Wealth Collective, LLC867$248.9K0.02%−46−5.0%Reduced
Advisory Alpha, LLC865$248.6K0.01%−14−1.6%Reduced
Great Diamond Partners, LLC864$248.0K0.05%−32−3.6%Reduced
Cascade Financial Partners, LLC864$248.0K0.03%00.0%Unchanged
Ted Buchan & Co862$247.4K0.09%00.0%Unchanged
Impact Capital Partners LLC861$247.1K0.07%−4−0.5%Reduced
Broadleaf Partners, LLC861$247.1K0.06%00.0%Unchanged
Intrua Financial, LLC858$246.2K0.03%+24+2.9%Added
Wayfinding Financial, LLC857$246.0K0.11%−140−14.0%Reduced
Tilia Fiduciary Partners, Inc.856$245.6K0.13%−134−13.5%Reduced
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
West Financial Advisors, LLC846$242.8K0.04%00.0%Unchanged
Richwood Investment Advisors, LLC843$241.9K0.19%−140−14.2%Reduced
Zullo Investment Group, Inc.842$241.8K0.09%−44−5.0%Reduced
Trust Point Inc.841$241.4K0.02%−28−3.2%Reduced
Strathmore Capital Advisors, Inc.754$241.1K0.07%+3+0.4%Added
Wilkins Miller Wealth Management, LLC840$241.0K0.15%+2+0.2%Added
Coastline Complete Wealth LLC838$240.4K0.15%+4+0.5%Added
Tiemann Investment Advisors, LLC837$240.2K0.09%+85+11.3%Added
E Fund Management Co., Ltd.837$240.2K0.01%+837New
LVM Capital Management Ltd835$240.0K0.02%00.0%Unchanged
Stonebridge Capital Advisors LLC836$239.9K0.02%00.0%Unchanged
McAdam, LLC835$239.7K0.01%+127+17.9%Added
Lighthouse Financial LLC835$239.6K0.14%+2+0.2%Added
Csenge Advisory Group835$239.5K0.01%−34−3.9%Reduced
Fiducient Advisors LLC834$239.3K0.03%+834New
Tanager Wealth Management LLP831$238.2K0.02%+5+0.6%Added
Innovative Asset Advisors Group, LLC830$238.1K0.14%+830New
Plotkin Financial Advisors, LLC829$237.9K0.12%00.0%Unchanged
Patton Fund Management, Inc.829$237.9K0.04%+75+9.9%Added
Evanson Asset Management, LLC829$237.8K0.01%00.0%Unchanged
KMG Fiduciary Partners, LLC828$237.8K0.02%00.0%Unchanged
Moss Adams Wealth Advisors LLC827$237.4K0.02%+36+4.6%Added
Guilbault Capital LLC827$237.4K0.26%+827New
Wealthquest Corp827$237.3K0.02%−38−4.4%Reduced
Tompkins Financial Corp825$236.8K0.02%00.0%Unchanged
FSM Wealth Advisors, LLC822$235.9K0.03%−59−6.7%Reduced
Founders Financial Alliance, LLC820$235.4K0.04%+25+3.1%Added
First Heartland Consultants, Inc.820$235.3K0.02%+820New
CWS Financial Advisors, LLC819$235.1K0.06%00.0%Unchanged
Versant Capital Management, Inc819$235.1K0.02%+92+12.7%Added
Defiance ETFs, LLC818$234.8K0.00%+818New
Regent Peak Wealth Advisors LLC816$234.2K0.05%+3+0.4%Added
Great Valley Advisor Group, Inc.814$234.0K0.00%+108+15.3%Added
Summit Asset Management, LLC815$233.9K0.03%+815New
Griffith & Werner, Inc.815$233.8K0.12%−7−0.9%Reduced
Institute for Wealth Management, LLC.812$233.0K0.03%−18−2.2%Reduced
Advisory Advocates, LLC811$232.8K0.24%00.0%Unchanged
Arrow Financial Corp809$232.2K0.02%−325−28.7%Reduced
Fukoku Mutual Life Insurance Co805$231.0K0.02%−162−16.8%Reduced
Hudson Valley Investment Advisors Inc804$230.7K0.03%00.0%Unchanged
Leigh Baldwin & Co., LLC801$230.0K0.15%+15+1.9%Added
Advisors Management Group Inc804$230.0K0.04%−39−4.6%Reduced
GAM Holding AG800$229.6K0.02%−8,200−91.1%Reduced
Kelly Lawrence W & Associates Inc800$229.6K0.06%00.0%Unchanged
Capital Management Corp800$229.6K0.04%00.0%Unchanged
Camelot Portfolios, LLC800$229.6K0.17%00.0%Unchanged
Petix & Botte Co400$229.6K0.05%−400−50.0%Reduced
Archer Investment Corp800$229.6K0.05%00.0%Unchanged
Sage Capital Management, LLC800$229.6K0.11%00.0%Unchanged
Luminvest Wealth Management LLC800$229.6K0.06%00.0%Unchanged
ARS Wealth Advisors Group, LLC797$228.7K0.02%00.0%Unchanged
First American Bank796$228.5K0.01%+796New
Bullock Wealth Management Group794$227.9K0.11%+2+0.3%Added
Missouri Trust & Investment Co790$226.7K0.07%00.0%Unchanged
Sowell Financial Services LLC790$226.6K0.01%+25+3.3%Added
Portfolio Design Labs, LLC789$226.4K0.04%+789New
Beacon Financial Group787$225.9K0.02%+1+0.1%Added
Procyon Private Wealth Partners, LLC784$225.0K0.01%−213−21.4%Reduced
Resonant Capital Advisors, LLC778$223.3K0.01%+83+11.9%Added
Stephenson National Bank & Trust775$222.4K0.06%−86−10.0%Reduced
Frederick Financial Consultants, LLC772$221.6K0.11%+1+0.1%Added
Topsail Wealth Management, LLC768$220.4K0.03%00.0%Unchanged
Cross Staff Investments Inc765$219.6K0.14%00.0%Unchanged
Biltmore Family Office, LLC764$219.3K0.03%−338−30.7%Reduced
Impact Partnership Wealth, LLC762$218.7K0.03%−58−7.1%Reduced