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 |
|---|---|---|---|---|---|
| Vanguard Investments Australia, Ltd. | 218,782 | $62.8M | 0.18% | +218,782 | New |
| Cincinnati Insurance Co | 217,000 | $62.3M | 0.94% | −47,400−17.9% | Reduced |
| Decagon Asset Management LLP | 216,040 | $62.0M | 16.11% | +100,040+86.2% | Added |
| Whittier Trust Co | 215,176 | $62.0M | 0.70% | +10,895+5.3% | Added |
| Man Group plc | 209,154 | $60.0M | 0.12% | +43,637+26.4% | Added |
| Magellan Asset Management Ltd | 206,026 | $59.1M | 0.77% | −23,218−10.1% | Reduced |
| State Board of Administration of Florida Retirement System | 194,675 | $55.9M | 0.10% | −1,954−1.0% | Reduced |
| Truist Financial Corp | 190,482 | $54.7M | 0.07% | −34,929−15.5% | Reduced |
| Aviva PLC | 190,307 | $54.6M | 0.09% | +5,469+3.0% | Added |
| Colony Group, LLC | 187,476 | $53.8M | 0.06% | +11,901+6.8% | Added |
| Woodline Partners LP | 185,879 | $53.3M | 0.20% | +32,847+21.5% | Added |
| Marble Bar Asset Management LLP | 185,000 | $53.1M | 52.13% | +185,000 | New |
| Readystate Asset Management LP | 183,827 | $52.8M | 3.08% | +183,827 | New |
| Bank of Montreal | 183,753 | $52.7M | 0.02% | −32,354−15.0% | Reduced |
| Cerity Partners LLC | 179,563 | $51.5M | 0.07% | −1,025−0.6% | Reduced |
| Fort Baker Capital Management LP | 174,583 | $50.1M | 4.44% | +174,583 | New |
| US Bancorp | 170,606 | $49.0M | 0.06% | −6,448−3.6% | Reduced |
| AQR Capital Management LLC | 170,591 | $48.4M | 0.02% | +25,440+17.5% | Added |
| New York State Teachers Retirement System | 166,822 | $47.9M | 0.10% | −100−0.1% | Reduced |
| Melqart Asset Management (UK) Ltd | 160,848 | $46.2M | 4.55% | +11,633+7.8% | Added |
| ExodusPoint Capital Management, LP | 159,957 | $45.9M | 0.46% | −22,013−12.1% | Reduced |
| Fifth Third Bancorp | 159,143 | $45.7M | 0.08% | +62,649+64.9% | Added |
| SEI Investments Co | 157,752 | $45.3M | 0.04% | −6,981−4.2% | Reduced |
| National Bank of Canada | 156,753 | $45.0M | 0.05% | +5,224+3.4% | Added |
| Berkshire Asset Management LLC | 155,740 | $44.7M | 1.92% | −1,195−0.8% | Reduced |
| Symmetry Investments LP | 154,943 | $44.5M | 10.79% | +154,943 | New |
| Korea Investment CORP | 153,435 | $44.0M | 0.09% | −9,118−5.6% | Reduced |
| Manufacturers Life Insurance Company, The | 153,138 | $44.0M | 0.04% | −9,611−5.9% | Reduced |
| Geneos Wealth Management Inc. | 152,404 | $43.7M | 1.01% | +54,907+56.3% | Added |
| Birnam Oak Advisors, LP | 151,835 | $43.6M | 12.01% | +29,293+23.9% | Added |
| Robeco Institutional Asset Management B.V. | 151,709 | $43.5M | 0.06% | +13,515+9.8% | Added |
| Swedbank AB | 151,090 | $43.4M | 0.05% | +1,588+1.1% | Added |
| Great West Life Assurance Co | 147,478 | $42.5M | 0.08% | +533+0.4% | Added |
| First Trust Advisors LP | 147,096 | $42.2M | 0.03% | −11,119−7.0% | Reduced |
| Capula Management Ltd | 144,749 | $41.5M | 0.36% | +94,749+189.5% | Added |
| Quantinno Capital Management LP | 143,760 | $41.3M | 0.07% | +6,703+4.9% | Added |
| HRT Financial LP | 143,299 | $41.1M | 0.10% | +143,299 | New |
| M&T Bank Corp | 140,405 | $40.3M | 0.13% | −787−0.6% | Reduced |
| Russell Investments Group, Ltd. | 138,681 | $39.8M | 0.04% | −39,319−22.1% | Reduced |
| Two Sigma Investments, LP | 138,221 | $39.7M | 0.03% | +115,528+509.1% | Added |
| Jefferies Financial Group Inc. | 138,093 | $39.6M | 0.48% | −708−0.5% | Reduced |
| Rokos Capital Management LLP | 136,435 | $39.2M | 0.70% | +41,942+44.4% | Added |
| Boussard & Gavaudan Investment Management LLP | 135,885 | $38.5M | 3.70% | +32,516+31.5% | Added |
| Water Island Capital LLC | 134,051 | $38.5M | 5.13% | +5,008+3.9% | Added |
| Healthcare of Ontario Pension Plan Trust Fund | 131,455 | $37.7M | 0.06% | +73,835+128.1% | Added |
| Toronto Dominion Bank | 130,467 | $37.4M | 0.07% | −500,157−79.3% | Reduced |
| Keybank National Association | 128,775 | $37.0M | 0.13% | +14,326+12.5% | Added |
| Macquarie Group Ltd | 126,197 | $36.2M | 0.22% | −11,322−8.2% | Reduced |
| Baird Financial Group, Inc. | 125,843 | $36.1M | 0.06% | −9,326−6.9% | Reduced |
| Regions Financial Corp | 124,832 | $35.8M | 0.23% | −1,938−1.5% | Reduced |
| Franklin Resources Inc | 124,027 | $35.6M | 0.01% | −149,227−54.6% | Reduced |
| Handelsbanken Fonder AB | 121,281 | $34.8M | 0.12% | +2,406+2.0% | Added |
| Zurich Insurance Group Ltd | 121,096 | $34.8M | 0.27% | +31,527+35.2% | Added |
| Carnegie Capital Asset Management, LLC | 125,768 | $34.2M | 0.67% | +6,807+5.7% | Added |
| Schonfeld Strategic Advisors LLC | 118,618 | $34.0M | 0.28% | −8,648−6.8% | Reduced |
| Stifel Financial Corp | 117,737 | $33.8M | 0.03% | +27,386+30.3% | Added |
| Chevy Chase Trust Holdings, Inc. | 117,590 | $33.7M | 0.10% | −3,536−2.9% | Reduced |
| Aristotle Atlantic Partners, LLC | 116,670 | $33.5M | 1.57% | +2,853+2.5% | Added |
| Commonwealth Equity Services, LLC | 115,226 | $33.1M | 0.05% | +2,197+1.9% | Added |
| Cobalt Capital Management, Inc. | 115,000 | $33.0M | 18.48% | +15,000+15.0% | Added |
| Prudential Financial Inc | 111,069 | $31.9M | 0.04% | −2,536−2.2% | Reduced |
| Danske Bank A/S | 110,361 | $31.7M | 0.08% | +1,638+1.5% | Added |
| Capitolis Liquid Global Markets LLC | 110,096 | $31.6M | 0.20% | +110,096 | New |
| Janney Montgomery Scott LLC | 108,877 | $31.2M | 0.08% | +3,603+3.4% | Added |
| Natixis Advisors, L.P. | 107,531 | $30.9M | 0.04% | +7,367+7.4% | Added |
| Greenland Capital Management LP | 105,835 | $30.4M | 6.07% | +36,382+52.4% | Added |
| Sand Grove Capital Management LLP | 104,633 | $30.0M | 7.02% | +19,847+23.4% | Added |
| Captrust Financial Advisors | 104,548 | $30.0M | 0.05% | +3,510+3.5% | Added |
| Pictet Asset Management Holding SA | 103,712 | $29.8M | 0.03% | −4,796−4.4% | Reduced |
| Allianz Asset Management GmbH | 102,268 | $29.4M | 0.03% | +9,355+10.1% | Added |
| Ofi Invest Asset Management | 116,366 | $29.0M | 0.38% | +45,066+63.2% | Added |
| Third Point LLCSuperinvestorThird Point | 100,000 | $28.7M | 1.38% | −875,000−89.7% | Reduced |
| Royal London Asset Management Ltd | 97,998 | $28.1M | 0.06% | −280.0% | Reduced |
| Treasurer of the State of North Carolina | 96,684 | $27.7M | 0.09% | +2,058+2.2% | Added |
| PSquared Asset Management AG | 96,385 | $27.7M | 9.62% | +4,322+4.7% | Added |
| KLP Kapitalforvaltning AS | 95,893 | $27.5M | 0.11% | +13,000+15.7% | Added |
| Nisa Investment Advisors, LLC | 95,565 | $27.4M | 0.10% | −7,314−7.1% | Reduced |
| Oddo BHF Asset Management SAS | 95,000 | $27.3M | 1.07% | +30,000+46.2% | Added |
| Mitsubishi UFJ Trust & Banking Corp | 94,867 | $27.2M | 0.07% | +3,787+4.2% | Added |
| Asset Management One Co.,Ltd. | 93,953 | $27.0M | 0.08% | +940+1.0% | Added |
| Public Employees Retirement System of Ohio | 91,164 | $26.2M | 0.08% | +470+0.5% | Added |
| TD Asset Management Inc | 89,268 | $25.6M | 0.02% | +3,547+4.1% | Added |
| Waters Parkerson & Co., LLC | 89,168 | $25.6M | 1.32% | −761−0.8% | Reduced |
| CI Private Wealth, LLC | 88,204 | $25.2M | 0.04% | −3,828−4.2% | Reduced |
| CIBC Bancorp USA Inc. | 87,491 | $25.1M | 0.03% | +87,491 | New |
| Nine Masts Capital Ltd | 85,314 | $24.5M | 3.78% | −75,538−47.0% | Reduced |
| Polar Asset Management Partners Inc. | 85,000 | $24.4M | 0.58% | +40,000+88.9% | Added |
| Whittier Trust Co of Nevada Inc | 84,164 | $24.2M | 0.50% | +4,557+5.7% | Added |
| Creative Planning | 81,210 | $23.3M | 0.02% | +3,298+4.2% | Added |
| Cetera Investment Advisers | 80,483 | $23.1M | 0.02% | +1,254+1.6% | Added |
| Lighthouse Investment Partners, LLC | 80,369 | $23.1M | 0.87% | +40,632+102.3% | Added |
| Taylor Financial Group, Inc. | 80,118 | $23.0M | 13.94% | −2,160−2.6% | Reduced |
| One Fin Capital Management LP | 80,000 | $23.0M | 8.85% | 00.0% | Unchanged |
| DekaBank Deutsche Girozentrale | 79,305 | $22.9M | 0.04% | 00.0% | Unchanged |
| Nomura Asset Management Co Ltd | 78,908 | $22.6M | 0.06% | +1,950+2.5% | Added |
| Universal- Beteiligungs- und Servicegesellschaft mbH | 77,185 | $22.1M | 0.04% | −6,840−8.1% | Reduced |
| State of Tennessee, Treasury Department | 76,445 | $21.9M | 0.07% | 00.0% | Unchanged |
| State of New Jersey Common Pension Fund D | 76,001 | $21.8M | 0.08% | 00.0% | Unchanged |
| Van Eck Associates Corp | 75,088 | $21.6M | 0.02% | +5,781+8.3% | Added |
| Picton Mahoney Asset Management | 75,000 | $21.5M | 0.22% | −15,000−16.7% | Reduced |