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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
DiNuzzo Private Wealth, Inc.12$3.44K0.00%00.0%Unchanged
Capital & Planning, LLC12$3.44K0.00%+12New
Burkett Financial Services, LLC11$3.23K0.00%00.0%Unchanged
Hughes Financial Services, LLC11$3.16K0.00%+3+37.5%Added
Kayne Anderson Rudnick Investment Management LLC10$2.87K0.00%−2−16.7%Reduced
IMG Wealth Management, Inc.10$2.87K0.00%+3+42.9%Added
GoalVest Advisory LLC9$2.58K0.00%−84−90.3%Reduced
NVWM, LLC9$2.58K0.00%00.0%Unchanged
Security National Bank9$2.58K0.00%+9New
CBIZ Investment Advisory Services, LLC8$2.30K0.00%−40−83.3%Reduced
Anfield Capital Management, LLC8$2.30K0.00%00.0%Unchanged
Caitlin John, LLC8$2.17K0.00%00.0%Unchanged
Core Alternative Capital7$2.01K0.00%−1−12.5%Reduced
Breakwater Investment Management7$2.01K0.00%00.0%Unchanged
S&T Bank7$2.01K0.00%00.0%Unchanged
Kennebec Savings Bank7$2.01K0.00%00.0%Unchanged
1015 Capital Partners, LLC7$2.01K0.00%+1+16.7%Added
McGuire Capital Advisors Inc6$1.72K0.00%−3−33.3%Reduced
HFM Investment Advisors, LLC6$1.72K0.00%00.0%Unchanged
Mascoma Wealth Management LLC6$1.72K0.00%00.0%Unchanged
Elequin Capital LP6$1.72K0.00%+6New
Legacy Wealth Managment, LLC6$1.72K0.00%+6New
Wolff Wiese Magana LLC5$1.44K0.00%00.0%Unchanged
Investors Portfolio Services LLC4$1.24K0.00%−5−55.6%Reduced
ZRC Wealth Management, LLC4$1.15K0.00%00.0%Unchanged
Bard Associates Inc4$1.15K0.00%+4New
Phillip James Consulting Co.3$1.00K0.00%+3New
Arcadia Investment Management Corp3$8610.00%00.0%Unchanged
USA Financial Portformulas Corp3$8610.00%00.0%Unchanged
Signature Resources Capital Management, LLC3$8610.00%00.0%Unchanged
TopTier Wealth Management, LLC3$8610.00%+3New
Raleigh Capital Management Inc.2$6110.00%−950−99.8%Reduced
IMA Wealth, Inc.2$5740.00%00.0%Unchanged
Davis Capital Management2$5740.00%00.0%Unchanged
Triumph Capital Management2$5740.00%+1+100.0%Added
Freestone Grove Partners LP2$5740.00%+2New
Tidemark, LLC2$5740.00%+2New
Intentional Wealth Strategies, LLC2$5740.00%+2New
Rakuten Securities, Inc.1$2870.00%−1−50.0%Reduced
Murphy & Mullick Capital Management Corp1$2870.00%00.0%Unchanged
Global Wealth Strategies & Associates0$1300.00%0Unchanged
Capital International Investors0$00.00%−180,528−100.0%Sold out
Reaves W H & Co Inc0$00.00%−131,000−100.0%Sold out
Voloridge Investment Management, LLC0$00.00%−95,000−100.0%Sold out
Davidson Investment Advisors0$00.00%−54,626−100.0%Sold out
Cinctive Capital Management LP0$00.00%−40,745−100.0%Sold out
Yaupon Capital Management LP0$00.00%−30,407−100.0%Sold out
Twin Securities, Inc.0$00.00%−25,200−100.0%Sold out
CIBRA Capital Ltd0$00.00%−17,550−100.0%Sold out
Highbridge Capital Management LLC0$00.00%−16,560−100.0%Sold out
Logan Capital Management Inc0$00.00%−15,325−100.0%Sold out
Ethic Inc.0$00.00%−14,853−100.0%Sold out
Jain Global LLC0$00.00%−14,180−100.0%Sold out
Axxcess Wealth Management, LLC0$00.00%−12,520−100.0%Sold out
HGC Investment Management Inc.0$00.00%−10,000−100.0%Sold out
Glazer Capital, LLC0$00.00%−9,836−100.0%Sold out
EdgePoint Investment Group Inc.0$00.00%−9,831−100.0%Sold out
Campbell Newman Asset Management Inc0$00.00%−9,165−100.0%Sold out
J.W. Cole Advisors, Inc.0$00.00%−7,990−100.0%Sold out
Sig Brokerage, LP0$00.00%−7,428−100.0%Sold out
Visionary Wealth Advisors0$00.00%−5,627−100.0%Sold out
Capital Group Private Client Services, Inc.0$00.00%−5,536−100.0%Sold out
Avanza Fonder AB0$00.00%−5,378−100.0%Sold out
Iowa State Bank0$00.00%−4,821−100.0%Sold out
Tower Trust & Investment Co0$00.00%−4,138−100.0%Sold out
Advisors Asset Management, Inc.0$00.00%−3,919−100.0%Sold out
Capital International Inc0$00.00%−3,871−100.0%Sold out
IFG Advisory, LLC0$00.00%−3,545−100.0%Sold out
Boston Partners0$00.00%−2,707−100.0%Sold out
Heritage Wealth Management, Inc.0$00.00%−2,666−100.0%Sold out
Gilbert & Cook, Inc.0$00.00%−2,515−100.0%Sold out
Golden Reserve Retirement LLC0$00.00%−2,412−100.0%Sold out
Sage Mountain Advisors LLC0$00.00%−2,217−100.0%Sold out
Accurate Wealth Management, LLC0$00.00%−2,170−100.0%Sold out
McGlone Suttner Wealth Management, Inc.0$00.00%−1,945−100.0%Sold out
Greystone Financial Group, LLC0$00.00%−1,855−100.0%Sold out
Piedmont Capital Management, LLC0$00.00%−1,828−100.0%Sold out
Diversify Advisory Services, LLC0$00.00%−1,647−100.0%Sold out
Providence First Trust Co0$00.00%−1,534−100.0%Sold out
Pinnacle Wealth Management Advisory Group, LLC0$00.00%−1,449−100.0%Sold out
Sivia Capital Partners, LLC0$00.00%−1,404−100.0%Sold out
Walker Asset Management, LLC0$00.00%−1,387−100.0%Sold out
First Fiduciary Investment Counsel, Inc.0$00.00%−1,230−100.0%Sold out
Tobam0$00.00%−1,204−100.0%Sold out
Alpha Wealth Funds, LLC0$00.00%−1,200−100.0%Sold out
Argent Advisors, Inc.0$00.00%−1,164−100.0%Sold out
Optimize Financial Inc0$00.00%−1,153−100.0%Sold out
Tred Avon Family Wealth, LLC0$00.00%−1,112−100.0%Sold out
AlphaGrep UK Ltd0$00.00%−1,095−100.0%Sold out
Smithbridge Asset Management Inc0$00.00%−1,095−100.0%Sold out
Hanlon Investment Management, Inc.0$00.00%−1,074−100.0%Sold out
Mirabella Financial Services LLP0$00.00%−1,068−100.0%Sold out
Founders Financial Securities LLC0$00.00%−1,061−100.0%Sold out
Strategic Blueprint, LLC0$00.00%−1,036−100.0%Sold out
West Family Investments, Inc.0$00.00%−1,027−100.0%Sold out
Longboard Asset Management, LP0$00.00%−973−100.0%Sold out
Master's Wealth Management Inc.0$00.00%−948−100.0%Sold out
Optiver Holding B.V.0$00.00%−941−100.0%Sold out
Banco BTG Pactual S.A.0$00.00%−849−100.0%Sold out
First National Bank of Mount Dora, Trust Investment Services0$00.00%−847−100.0%Sold out